Month: December 2009

The recent Alphaliner newsletter reports that carriers continue to apply extra slow steaming to their long haul loops as the FO prices stay above the $400 mark. Five more services are in…

SinoPacific Shipbuilding, China, is to build six gas carriers for Jaccar Holdings. The six vessels will be built at the shipbuilder's yard in Dajiang and will be delivered between December 2011 and…

US-based cruise and d hotel operator Utopia Ocean Residences has signed a letter of intent with Samsung Heavy Industries for a 105,000 gt residential condominium cruiseship for delivery in 2013.The total value…

China Shipping Container Lines Co., Ltd. (CSCL), part of the China Shipping Group (CSG), has chosen Wartsila main engines for eight container vessels. These low-speed engines will be built under licence by…

At the recent BIMCO executive committee meeting, the issue of piracy off the coast of Somalia was discussed at length by the members. BIMCO reiterates the recent statement made to the IMO…

Governments must resist giving state aid to shipping lines as this will never benefit shippers or global trade, says Andrew Trail, Managing Partner of www.shippersvoice.comShipping lines made bad decisions before and should…