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Wednesday, October 23, 2019

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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…

Los Angeles and Gambol Industries Get Closer to the Rocks

Posted to Martin Rushmere (by Martin Rushmere) on December 2, 2010

Bond ratings for the Port of Los Angeles might just be getting a downgrade within the next year, and by extension, so will those for Long Beach. The Gambol Industries shipyard controversy will be the reason. Gambol's objections center on cost…

GlobalMET Charts a new course at India chapter

Posted to GlobalMET Charts a new course at India chapter (by Joseph Fonseca) on November 22, 2010

With focus on charting a new course the Global Maritime Education & Training Association (GlobalMET), which boasts of 106 members based in 35 economies, held its annual conference in Mumbai on 20 November 2010. Held jointly with the Nautical…

Petrobras Expands CENPES Research Center

Posted to Brazilian Subsea and Maritime News (by Claudio Paschoa) on October 12, 2010

With the expansion the complex on Fundão Island will occupy more than 300 thousand m² making it one of the largest centers of applied research in the world. There will be various laboratories designed to meet the technological demands of Petrobras’ business areas…