International Shipping News & Insights for Profitable Shipping - 03 September 2010
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Coast Guard chopper: 13 plucked from gulf
Coast Guard chopper: 13 plucked from gulf
THE US Coast Guard has confirmed that no-one was killed and no leak has been found since an explosion on an oil platform in the Gulf of Mexico yesterday.
THE US Coast Guard has confirmed that no-one was killed and no leak has been found since an explosion on an oil platform in the Gulf of Mexico yesterday.

It said all 13 crew members were rescued by helicopter from ... Full Story
10:06 3 Sep  

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Headline News

Must eventually stack your barrels
OIL IS running out and “far too cheap”, a Singapore seminar organised by a Norwegian bank has been warned. Full Story
11:32 3 Sep
Port Botany
SYDNEY Ports Corp is continuing to set new container records, with the latest figures showing Port Botany throughput rose by 15.3% year on year in July. Full Story
11:05 3 Sep
3.5M tonnes of imports from Russia
JAPAN said today its seaborne LNG imports reached 40.3M tonnes from January to July this year, a jump of nearly 9% from that period in 2009. Full Story
11:04 3 Sep
OIL PRICES would need to hit $150 per barrel by 2015 “to destroy demand”, Torbjørn Kjus, senior energy analyst at DnB Nor Markets, has told a Singapore seminar. Full Story
10:44 3 Sep
LNG plant
A DUTCH/Australia joint venture has secured a $260M contract to build port facilities for the ExxonMobil-led PNG LNG project. Full Story
10:27 3 Sep
Nanny
A TANKER carrying diesel fuel remained aground today off northern Canada, according to the Canadian Coast Guard. Full Story
10:02 3 Sep

Latest Markets News

Baltic Dry Index
13.17 02 Sep
3.43%
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Bank sees drybulk share rally
A RALLY in drybulk shipping shares was predicted today by JP Morgan Chase, which pointed out that freight rates have rocketed 67% since mid-July. Full Story
12:49 3 Sep

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