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November 13, 2009

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Nov 13, 2009
3% of tanker fleet will still be single hulled after 2010
Qingdao: Asia will account for the majority of single hull tankers plying international waters after the IMO phase out deadline expires in 2010. Intertanko’s ... [full story]
Nov 13, 2009
US West Coast ports and railroads brand together
Qingdao: In a historical first, six major US West Coast ports and two western railroads came together at the World Shipping Summit (WSS) in Qingdao, ... [full story]
Nov 13, 2009
Baltic Dry closes in on 4,000 points
London: The Baltic Dry index jumped 5.5 per cent to 3,954 points yesterday as China’s huge demand for iron ore and coal has intensified ship ... [full story]
Nov 13, 2009
Weichai Power developing new fuel system
Weihai: One of China’s premier engine makers, Weichai Power, has been engaged by domestic shipping line, CSC Chongqing Changjiang National Shipping, to develop a new ... [full story]
Nov 13, 2009
STX Pan Ocean announces bond issue
Singapore: South Korea’s STX Pan Ocean has said that it is issuing convertible bonds worth US$200m. 
The bonds will mature in five years and will ... [full story]
Nov 13, 2009
CKYH introduces super slow steaming
Qingdao: Container alliance CKYH has reached a collective decision to seriously cut back the speeds of its boxships. Announced by COSCO’s Capt Wei Jiafu towards ... [full story]
Nov 13, 2009
World Shipping Summit 2010 heads to Guangzhou
Qingdao: Next year’s COSCO-organised World Shipping Summit will be held in the southern Chinese port city of Guangzhou. The seventh edition of the so-called “Davos ... [full story]


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