| Thursday, July 29, 2010 | | |
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Navfor area extended to Indian Ocean (Lloyds List) |
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TMT oil skimming ship en route to Dalian (Lloyds List) |
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Suppliers on learning curve with new rules
Bunker suppliers need time to match new quality standards whilst keeping within sulphur limits (Lloyds List) |
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Bigger parcels mean larger tankers
Investment in new tonnage comes as new sulphur rules and IMO single-hull regime take effect (Lloyds List) |
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Grenade may have caused MOL tanker explosion
‘Worrying development’ as early indications point to deliberate attack on VLCC in Strait of Hormuz (Lloyds List) |
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Crude Oil Rises for First Day in Five, Equities Gain Allay Supply Concern (Bloomberg) |
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TEN buys four tankers from private Tsakos fleet
Move reflects desire to consolidate the group’s fleet of modern tankers (Lloyds List) |
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Wednesday, July 28, 2010 | | |
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Alma clinches $387m loan after abortive IPO
Dry bulk and tanker owner does not rule out new IPO attempt as syndicated loan package covers whole fleet (Lloyds List) |
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Mitsui Says One Hurt in Possible Attack on Oil Tanker in Strait of Hormuz (Bloomberg) |
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Iran defiant as gasoline cargoes hit by sanctions (Reuters) |
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Banks pull plug on KG fund EEH after hurricane damage to ship (Lloyds List) |
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Crude Oil Declines on Signs Slowing U.S. Recovery Will Curtail Fuel Demand (Bloomberg) |
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The fight that must become all-out war
The scourge of piracy is now so serious that the only strategy is to engage the pirates at sea under a formal declaration of war (Lloyds List) |
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Chinese yards prepare for stall in second-half orders
Strong first half unlikely to continue as forecast drop in coal and ore imports hits dry bulk owners’ fleet plans (Lloyds List) |
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ICS calls for review of Indian Ocean anti-piracy operations (Lloyds List) |
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Tuesday, July 27, 2010 | | |
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Genco joint issue raises $182.5m (Lloyds List) |
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BP Posts Record Loss as Dudley Replaces Hayward (Bloomberg) |
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Oil Trades Near $79 for Fourth Day as Equity Gains Compete With Stockpiles (Bloomberg) |
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U.S. Says 27% of Gulf Oil Output, 10% of Gas Idle After Bonnie's Exit (Bloomberg) |
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European tanker and gas carrier owners continue trading with Iran (Lloyds List) |
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First Ship Lease payout falls 61% (Lloyds List) |
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Secondhand deals in dry bulk sector still collapsing (Lloyds List) |
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Details of Navios tanker spree begin to take shape (Lloyds List) |
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Seaarland comes back from the brink with VLCC order
Zachello group makes first newbuilding foray since restructuring in late 2009 and early 2010 (Lloyds List) |
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Embiricos pays $20.5m for aframax tanker (Lloyds List) |
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Monday, July 26, 2010 | | |
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McCain continues pursuit of Jones Act
Will the US Senator’s latest attempt to repeal the Jones Act law find favour with Congress? (Lloyds List) |
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Oil Rises to Trade Higher Than $79 as Equities Boost Optimism (Bloomberg) |
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FSL sues over ship arrests (Lloyds List) |
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Qatar Navigation profits double (Fairplay Shipping News) |
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More Asia pirate attacks reported (Fairplay Shipping News) |
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Law ‘destroys maritime sector’ (Lloyds List) |
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Jones Act fact box (Lloyds List) |
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Chavez Warns of Cut in Venezuela Oil Supplies to U.S. if Colombia Attacks (Bloomberg) |
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Dalian Port Resumes Operating Two Oil Berths After Explosion Caused Spill (Bloomberg) |
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Mixed fortunes likely in second quarter results Differing views for wet and dry sectors (Lloyds List) |
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Act supports 500,000 jobs and $100bn in economic output (Lloyds List) |
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Friday, July 23, 2010 | | |
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MHI to halt Kobe newbuildings (Fairplay Shipping News) |
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Crude Oil Drops From Near 11-Week High on Speculation Prices Rose Too Fast (Bloomberg) |
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Pirate foiled off Malaysia (Fairplay Shipping News) |
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Capesize fixed for zero dollars per day rate (Lloyds List) |
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Genco reveals bond and share sale total (Lloyds List) |
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Chinese shipyards on the rebound
With new orders on the rise after a tough 2009 and despite ongoing challenges, Chinese yards are locked on expansion (Lloyds List) |
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Confusion mounts over US Gulf shipping clause
Provision proposes that foreign vessels serving US offshore installations be at least 75% owned by US entities (Lloyds List) |
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Iranian VLCCs on floating storage down 75% in month
Only seven vessels deployed compared with 24 in June anchored off Kharg Island and the Asaluyeh oil terminal (Lloyds List) |
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Thursday, July 22, 2010 | | |
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Chinese shipyards warned of looming overcapacity (Lloyds List) |
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Nanjing Tanker eyes VLCC newbuildings (Lloyds List) |
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Crude Oil Futures Climb in New York on Weaker Dollar, Advancing Equities (Bloomberg) |
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First-half tanker slippage rate increases to 25% (Lloyds List) |
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Wednesday, July 21, 2010 | | |
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Oil Trades Near a Three-Week High After Decline in U.S. Crude Stockpiles (Bloomberg) |
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Bold conservatism of Navios tanker move
Counter-cyclical investment ethos leads to daring but shrewd purchase (Lloyds List) |
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DSME wins $347m order for four VLCCs (Lloyds List) |
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Somali pirates free Norwegian tanker (Lloyds List) |
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China overtakes South Korea as world’s largest shipbuilder
Chinese builders deliver over 4m dwt more than Korean yards, although brokers are not convinced nation will remain on top (Lloyds List) |
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BP Can Keep Well Shut Another 24 Hours as No Evidence of Leak, Allen Says (Bloomberg) |
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Official: 'Severe threat' as China oil spill grows (Associated Press) |
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