Mid-range tonnage offers versatility
18-05-2012 - TODAY, the LNG orderbook comprises a fifth of the active fleet and the orders keep coming.
Tankers
Dry Bulk
Vale in talks over access to China
18-05-2012 - VALE has confirmed that it met with the China Shipowners’ Association last Friday and said the meeting was one of a series with “other Chinese entities and authorities” to discuss the rules over the berthing of its fleet of 400,000 dwt ships in China, writes Tom Leander in Hong Kong.
Containers
Volumes rise at LA but Long Beach falls
18-05-2012 - THE ports of Los Angeles and Long Beach saw a mere 1.8% increase in April compared to a year ago, affected by the slowing China economy and a slow US recovery, writes Tom Leander in Hong Kong.
Insurance
Guardcon’s wording is not the problem, say insurers
17-05-2012 - INSURERS have said there are no problems with the wording of Clause 12 of BIMCO’s Guardcon standard contract, but have added that there will always be an issue on what can be covered when a criminal act has been committed by an individual, writes Liz McMahon .
Logistics
DP World rejects S&P corporate credit ratings
18-05-2012 - DUBAI-based DP World has asked ratings agency Standard & Poor’s to withdraw its BB/B long and short-term corporate credit ratings on the global ports giant.
Regulation
Novoship case against ex-UK manager to start
18-05-2012 - THE legal battle between Novoship and its former general UK manager Vladimir Mikhaylyuk finally commenced yesterday but was threatened with a setback when one defendant asked for the judge to strike the case against him.
Ship Finance
Do public shipping companies have any real equity left?
18-05-2012 - IN MY previous articles, I outlined the current problems facing the shipping industry and suggested that the great shipping recession will continue for several more years.
