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Friday, June 18, 2021

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Taiping Island

Posted to Maritime Musings (by Dennis Bryant) on June 24, 2014

The Spratly Islands are a group of islets, cays, atolls, and coral reefs located in the southern portion of the South China Sea. Taiping Island (also called Itu Aba Island) is the largest of these islets and the only one with fresh water springs.

Fluyt

Posted to Maritime Musings (by Dennis Bryant) on November 5, 2013

The fluyt or fluitschip was one of the first ocean-going ships built exclusively for commerce. Previously, ships tended to be built to perform the dual role of fighting battles and carrying cargo. Thus, their construction was fairly robust and they carried cannons, ammunition, and combat personnel.

Carriers warn Vale's big bulkers will dampen rates

Posted to Far East Maritime (by Greg Knowler) on December 9, 2010

The dry bulk shipping business is going through a tough time. It is an incredible 80 percent down on the market peak in May 2008, and rates have led carrier operators on a wild and volatile ride ever since. The industry is currently oversupplied with bulk carriers…

Temasek Holdings from Singapore Investing in Brazil´s O&G Market

Posted to Brazilian Subsea and Maritime News (by Claudio Paschoa) on October 26, 2010

Negotiations to conclude the deal have been going on for five months and the final agreement has been drawn whereas Temasek bought 14.3 % of OOG for $400 million. OOG´s main interest in the partnership was to attract capital in order to increase…