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Monday, December 10, 2012

General Maritime to Manage Key Unipec Tanker Pool

General Maritime Corp. will place as many as 19 of its tankers in a pool to transport crude for China International United Petroleum & Chemical Co., or

December 10, 2012
Total Views: 26

Friday, December 7, 2012
Ports

Brazil Announces $26 Billion Port Investment Program

(Bloomberg) — Brazil announced measures to increase private investment in its port system in a bid to boost capacity and reduce transport costs that

December 7, 2012
Total Views: 42

Uncategorized

LNG – Will 2013 Ship Orders Lead To Over Or Under Capacity?

(Bloomberg) The liquefied natural gas market may have a surplus of ships in 2014 and 2015 as new vessels join the fleet faster than production plants are

December 7, 2012
Total Views: 31

Thursday, December 6, 2012

LA-LB Strike a Reaction to 1950’s Technology

By Marc Levinson (Bloomberg) — Striking clerks at the nation’s largest port complex, in Southern California, agreed to return to work on Dec. 5,

December 6, 2012
Total Views: 116

New Energy Department Report Good News for US LNG Exports

(Bloomberg) — Natural gas exports would have “net economic benefits” for the U.S., according to a study commissioned by the Energy

December 6, 2012
Total Views: 32

Wednesday, December 5, 2012
Offshore

European Interest Boosts Confidence in US Offshore Wind

(Bloomberg) — European energy companies are considering participating in U.S. offshore wind-farm auctions, a sign of increasing confidence in the

December 5, 2012
Total Views: 38

Ports

L.A.-Long Beach Port Strike: Clerical Workers and Management Agree to Federal Mediation

Striking clerical workers at the ports of Los Angeles and Long Beach have agreed with management to federal mediation in hopes to put an end to a week long

December 5, 2012
Total Views: 19

Tuesday, December 4, 2012
Offshore

Chinese Fishing Vessels “Accidentally” Cut Seismic Streamers in South China Sea

(Bloomberg) — Chinese fishing vessels accidentally cut the cables of a Vietnam Oil & Gas Group seismic ship doing work in Vietnam-controlled waters

December 4, 2012
Total Views: 121

Monday, December 3, 2012

U.S. Ethanol Imports Boosting Demand for Chemical Tankers

(Bloomberg) — The U.S. is importing the most ethanol in four years after the country’s worst drought in a half century drove corn prices to a

December 3, 2012
Total Views: 242

Finance

Private Equity Firms Set Sights on Eco-Ships and the Distressed Shipping Market

(Bloomberg) — Carlyle Group LP and Tiger Group Investments’ ship fund is in talks about financing new vessels with five container lines as higher

December 3, 2012
Total Views: 80

Blog

Perspectives on the Global Economic Outlook – Dr. David Zervos

At the Marine Money Conference in New York City two weeks ago, Dr. David Zervos, Managing Director and Chief Market Strategist at Jefferies & Company gave

December 3, 2012
Total Views: 105

Friday, November 30, 2012
Uncategorized

Too Little, Too Late for Mississippi River Shippers

(Bloomberg) — Barge traffic on the Mississippi River will be stalled even if the U.S. Army Corps of Engineers decides next week to release more water

November 30, 2012
Total Views: 16

Shipbuilding

Expanded Iran Sanctions Target Energy, Ports, Shipping and Shipbuilding Sectors

(Bloomberg) — Two U.S. senators who pressed for the economic sanctions that have reduced Iran’s crude oil exports and earnings have proposed

November 30, 2012
Total Views: 37

News

OSX Shares Take a Big Hit After Brazilian Shipbuilding Plans Are Canned

(Bloomberg) — OSX Brasil SA, the shipbuilder controlled by billionaire Eike Batista, fell to the lowest in more than four months after Petroleo

November 30, 2012
Total Views: 32

Interesting

“Logistics Nightmare” Grows off California Coast as Port Strike Disrupts Holiday Shipments

(Bloomberg) — California ports handling about a third of U.S. container shipments were largely closed because of a strike, stranding vessels carrying

November 30, 2012
Total Views: 26

Thursday, November 29, 2012
Finance

German Lender NordLB Squeaks Out a Profit, However No End in Sight to Shipping Crisis

(Bloomberg) — Norddeutsche Landesbank Girozentrale, the world’s fifth-largest shipping lender, returned to profit in the third quarter after higher

November 29, 2012
Total Views: 35