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Tuesday, October 20, 2020

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Malacca

Posted to Maritime Musings (by Dennis Bryant) on April 8, 2014

The Strait of Malacca is named after Malacca, now part of Malaysia. In about the year 1400, Parameswana, the last Raja of Singapura, was expelled from the area around present-day Singapore by local rivals. He relocated to the fishing village of Malacca…

India Shipping Summit focuses on positive perspectives and opportunities

Posted to India Shipping Summit focuses on positive perspectives and opportunities (by Joseph Fonseca) on October 15, 2012

Acknowledging the economic downturn that has spread gloom in most spheres of activities, factoring in low key performances and struggles of stakeholders to remain afloat, the recently concluded India Shipping Summit 2012, held last week in Mumbai…

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…