SPO

Choosing the right ship for one's needs can be a tall order for ship owners in today's market conditions
22/03/2013

Among the most common truths regarding the shipping industry is the precarious trade of investing in ships. It'a market which is in constant shift and is subject to so many different types of risk, most of which are highly difficult to quantify and predict. As a result, ship owners have to be highly adaptable and flexible, in order to swiftly follow or even lead the new trends in the market. According to the latest weekly report from
Continue reading

Is the LNG honeymoon over?

22/03/2013

Drewry's latest LNG Insight saw heating demand subside in major importing regions in February. Cargo availability also tightened because of a few unplanned shutdowns, leading to a 4% decline in the LNG Freight Index. LNG shipping enjoyed a dream run during 2011 and 2012, owing largely to increasing tonnemile demand and an almost stagnant fleet. Freight market prospects would be even brighter if fleet supply were
Continue reading

NATO Shipping Centre Weekly Piracy Update

22/03/2013

All masters are advised to maintain heightened vigilance when at anchor and when loitering/queuing as there may be a higher likelihood of these vessels being targeted by pirates. The uniform risk to merchant vessels throughout the HRA is a reminder of the need to be alert for such activity at all times. In order to mitigate any vulnerability, it is strongly recommended that all vessels maintain a high state of readiness,
Continue reading

SHIPPING ECONOMICS
Daily Offshore Report Bunker Prices Worldwide Weekly Shipbrokers Reports Weekly Demolition Reports Live Hellenic Shipping Stocks Live International Shipping Stocks Daily Currencies Ratings Live Commodity Trade Markets Live World Stock Markets Live Ships Worldwide Traffic Map Real Time Marine Weather Daily Piracy Review Weekly Vessel Valuations Report Chinese iron ore and steelmaking prices

22/03/2013

22/03/2013

Chinese ports show potential

According to the Shanghai International Shipping Institutes (SISI) Global Port Development Report 2012, rapid

New Mangalore Port attracts newer hinterland cargo for exports

Container traffic at New Mangalore Port got a shot in the arm when M/s Gujarat Ambuja Exports Ltd, opted for
22/03/2013

22/03/2013

JSW Steel sees coking coal imports unchanged Turkeys iron ore imports decline in January According to the customs statistics provided by the in 2013/14
Steel maker JSW Steel expects its coking coal imports Turkish Statistical Institute (TUIK), in January this to be around 12-14 million tonnes in 2013/14, largely year
22/03/2013 22/03/2013

German January Wheat Exports Jump 61% and Barley Shipments Surge

Belarus oil exports down 14.8% in January

In January 2013 the exports of Belarusian oil products German wheat exports, the European Unions second- reduced by 14.8% from January 2012 to almost 1.397 million biggest, jumped 61 percent in January from a year earlier
22/03/2013 22/03/2013

Nigeria to Boost Yoho Crude Oil Exports in May Iran exports 10 bcm of natural gas to Turkey to Three Cargoes per year
Nigeria, Africas largest oil producer, plans to increase After the last agreement between Iraq and Pakistan, Yoho crude exports in May to three cargoes of 950,000 Iran will increased gas export to neighboring countries,
22/03/2013 22/03/2013

Commodity Rebound Seen by Barclays as Limited in 2nd Quarter

Thermal coal market slack amid supplydemand imbalance: SocGen

Any commodities rebound in the second quarter will be The seaborne thermal coal market is likely to remain limited by a stronger dollar and accelerating supply in slack as increasing global export capacity over 201314
22/03/2013 22/03/2013

Iraqs Kor Mor field yields 88,000 barrels oil per day

Russia Says No Agreement With Cyprus

Russia has not agreed to provide financial aid to

Dana Gas PJSC, the Middle Easts leading privatesector natural gas company, and Crescent Petroleum, the
22/03/2013

Cyprus after two days of talks in Moscow as the Russian party

22/03/2013

EU Closer to Bank Union Fails to Help Cyprus in Crisis

On the same day Cypruss parliament rejected a European Union bailout involving a tax on deposits, political
22/03/2013

BRICS summit set to endorse plans for joint reserves pool, bank
Leaders from the world's major emerging economies are likely to endorse plans at a summit next week to

22/03/2013

Farstad Shipping ASA : Vessel delivery, sale and leaseback

KHI to build LNG-fuelled ships in China

Japanese shipbuilder Kawasaki Heavy Industries (KHI) Far Senator (UT 731 CD) has been delivered from Vard is considering constructing large-sized LNG fuelled ships in Langsten to Farstad Supply AS, a wholly owned subsidiary of
22/03/2013 22/03/2013

China International Marine Containers 2012 Profit Plummets

Kaohsiung spending big on new logistics centre

China International Marine Containers (Group) Co. said Port of Kaohsiung, which is controlled by Taiwan its net profit fell 48% last year because of subdued International Ports Corporation (TIPC), announced that demand it will
22/03/2013 22/03/2013

Guigang Port in the lead in Guangxi in handling capacity

Guigang Port, in the Guangxi Zhuang autonomous region, handled over 45.12 million tons of cargo, in 2012, putting
22/03/2013

State to expedite Petronet LNG terminal project

Given the idle capacity of gas-based power projects due to shortage of fuel and severe power crisis in the

22/03/2013

OPEC Exports Slip on Asia Refiner Overhauls, Oil Movements Says

Equatorial Guinea Boosts May Zafiro Crude Exports to Three Lots

The Organization of Petroleum Exporting Countries will Equatorial Guinea plans to raise exports of its Zafiro trim crude shipments through early April while refiners crude to three cargoes of 950,000 barrels each in May, in one
22/03/2013 22/03/2013

China Confirms February Oil Data; Crude Imports Down 12.1% on Year
China's General Administration of Customs confirmed that February crude-oil imports totaled 20.78 million metric

NCDEX Wheat to sustain upside near term; resistance at 1470

Wheat on the NCDEX for April delivery is positive and more upside is expected in near term for the commodity.