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Friday, June 18, 2021

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SCI acquires Kamsarmax Bulk carrier & PSV

Posted to SCI acquires Kamsarmax Bulk carrier & PSV (by Joseph Fonseca) on December 19, 2012

The Shipping Corporation of India Ltd. (SCI) accepted delivery of a Kamsarmax Bulk carrier, m.v. “Vishva Jyoti” yesterday. The vessel is the first of a series of four Kamsarmax bulk carriers ordered by SCI with Jiangsu Eastern Heavy Industries Co. Ltd., China.

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…

Strategic Local FPSO Builders Chosen

Posted to Brazilian Subsea and Maritime News (by Claudio Paschoa) on November 15, 2010

There was still a need for a tender process to select which local company would be responsible for the construction process of the first 8 FPSOs to be built from a total of 40 FPSOs originally calculated to be needed for the pre-salt development.

Singapore slick an inevitable consequence of being Asia’s gas station

Posted to Far East Maritime (by Greg Knowler) on May 25, 2010

If your port is at the confluence of the busiest sea lanes in the world, if it is the world’s largest refuelling port and the biggest oil storage centre in Asia, there is a lot of crude and bunker fuel floating around. So when there is an accident at sea…