NOW that the US election is over, industry and political insiders are barraging president-elect Barack Obama’s staffers with pleas for jobs, funding and favours. ...
NICK Collins, director of Clarksons, introduced the shipping session of last week’s Coaltrans conference in Prague by referring to it as “the extreme sports section.” ...
HEADACHES for ship managers are caused not just the shortage of seafarers but also by the shorter length of stay at sea, warned Bob Bishop, head of ship management at V.Ships. Ten years ago officers served for about 15 years, but the stay i...
THIS WEEK, several useful pointers indicate the health of the world economy – and that of shipping. For the container trade, the signs are not good. Orders for durable goods in the US fell by a higher than forecast 4.5% in August. The Depar...
THE PAST week has seen unprecedented turmoil in the world’s credit markets, as shockwaves emanated worldwide from the near-meltdown of US financial systems. ...
AMERICA’s LNG terminal sector, once touted for its vast potential, appears to have disastrously overbuilt capacity. The situation is so bleak that two newcomers are pleading for the US government to allow imports of LNG that will then be re...
WHAT will the election of a new US president in November mean to the maritime industry? Some say that fostering increased foreign trade is crucial, while others hope the new White House occupant will continue to protect the US flag with cab...
A MARITIME security patrol area and transit corridor to deter piracy has been established in the Gulf of Aden by the Combined Maritime Forces. ...
THE entry of cash-rich Korean National Pension Service (KNPS) and the likely participation of the world’s biggest shipbuilder Hyundai HI and rapidly expanding STX Shipbuilding in the merger and acquisition process of Daewoo Shipbuilding has...
THE way America imports its crude is poised for a major change in the fourth quarter of 2010, courtesy of a new VLCC port offshore of Texas. VLCCs serve America’s Gulf Coast through the Louisiana Offshore Oil Port (LOOP) or have cargoes lig...
STUNG by its failure to reduce greenhouse gas (GHG) emissions on land, the EU is looking round for a soft target. And what better victim than shipping. Jos Delbeke the European Commission’s director general, environment, has put pressure on...
Bob Davidson, commanding officer of Coalition Task Force (CTF) 150, told Fairplay: “There’s got to be an element of self-help. There needs to be security on board – it has to be armed. If they don’t have weapons and fire back then [the pi...