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Friday, October 18, 2019

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Teak

Posted to Maritime Musings (by Dennis Bryant) on May 20, 2014

Teak is the common name for the Tectona grandis, a member of the verbena family native to the hardwood forests of India, Burma (Myanmar), Thailand, Malaysia, and Indonesia. It is a large deciduous tree, growing to a height of 130 feet, with gray and grayish brown branches.

Rotterdam and Mumbai agree for mutual cooperation

Posted to Rotterdam and Mumbai agree to mutually cooperate (by Joseph Fonseca) on February 16, 2011

Yet another port has been positioned to serve as the European gateway for shipments to and from Mumbai. This time on 10 February the representatives of the city port of Rotterdam visited Mumbai and met those of the city port of Mumbai and resolved…

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…