ABG’s Advance Pollution Control vessel for Coast Guard

Posted to ABG’s Advance Pollution Control vessel for Coast Guard (by Joseph Fonseca) on July 18, 2012

ABG Shipyard, India’s largest private shipbuilding company has built what is considered to be one of the most advanced pollution control vessel in the world. Christened Samudra Paheredar the vessel is set to be commissioned tomorrow and will…

Just what the world needs, another Middle East conflict

Posted to Far East Maritime (by Greg Knowler) on January 5, 2012

There are varying estimates of how much crude oil is shipped through the Straits of Hormuz, but the most consistent figure given is around 20 percent of the global supply. That’s about 17 million barrels a day that the Iranians are threatening to choke off…

Top three driving Asia-Europe rates into the sea bed

Posted to Far East Maritime (by Greg Knowler) on October 26, 2011

Looking at the container shipping rates, it seems that for a carrier to even achieve zero rate would be an improvement. The bunker adjustment factors being charged are more than the rate per TEU, which means the lines are paying shippers to transport their cargo.

When, Why and Where Pilot Rate Hikes Make Sense

Posted to Global Maritime Analysis with Joseph Keefe (by Joseph Keefe) on January 5, 2011

In most places where compulsory pilotage for deep draft vessels is the rule, the news that pilot rates will be going up is met with staunch opposition and a laundry list of reasons why that’s a bad idea. Typically, that’s also accompanied by…