International Shipping News & Insights for Profitable Shipping - 16 March 2010
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Gladstone's port
Gladstone's port
BUILDING progress has ceased for the world’s first pure coal seam gas-to-LNG terminal, pending the outcome of corporate manoeuvres.
BUILDING progress has ceased for the world’s first pure coal seam gas-to-LNG terminal, pending the outcome of corporate manoeuvres.

Western Australia’s Liquefied Natural Gas Ltd earlier this year agreed the 100% sale of its interests in the project – at ... Full Story
9:24 16 Mar  

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LNG speed-up seen
15:23 15 Mar

Headline News

Dirk Jens Nonnenmacher
GERMAN shipping finance giant HSH Nordbank said today it expects to record profits next year after reducing its losses from €2.8Bn ($3.8Bn) to €679M last year. Full Story
11:21 16 Mar
A NENACO pier
PHILIPPINE inter-island shipping operator NENACO posted a 124% jump in net income last year to 412M pesos ($9.15M). Full Story
10:45 16 Mar
Novorossiysk boxes: up 35%
RUSSIA’S largest box facility, First Container Terminal in St Petersburg, has reported container transhipment in January-February of 156,200teu, up 25% on the same period of 2009. Full Story
10:30 16 Mar
Containers at Los Angeles
IMPORTS and exports at the Port of Los Angeles increased by 31% year on year on February. Full Story
9:57 16 Mar
55 ships are waiting off port
A WEEKEND derailment inland from Newcastle has idled the port’s coal loaders, with officials warning that work might not resume until later this week. Full Story
9:43 16 Mar
Clouds at Suva
OFFICIALS were hindered today in efforts to communicate with outlying islands, limiting accurate reports of damage in Fiji from Tropical Cyclone Tomas. Full Story
9:02 16 Mar

Latest Markets News

Baltic Dry Index
13.13 15 Mar
1.94%
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SSA hails tax proposals
TAX BREAKS proposed for shipping were hailed today by the Singapore Shipping Association. Full Story
10:51 16 Mar

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