Posts tagged with the keyword: ‘from’

UK P&I – Ban on Mineral Exports from Indonesia?

UK P&I – Ban on Mineral Exports from Indonesia?

Image: DNV The UK P&I Club has announced that legislation has been passed in Indonesia which purports to place a ban on the expert of minerals from Indonesian ports, unless the shipper has been granted a specific export permit. The cargoes which may be affected include nickel ore, bauxite and iron ore. Reports suggest that [...]

Guns Blazing, Fairstar Heavy Transport Fires Back in Response to Takeover Letter from Dockwise

Guns Blazing, Fairstar Heavy Transport Fires Back in Response to Takeover Letter from Dockwise

In response to a lettersent by Dockwise on Wednesday,Fairstar’s CEO Philip Adkins sends back a heated response… Dockwise FAO: Mr P Wit and FAO: Mr J van Wiechen Lage Mosten 21 4822 NJ Breda Rotterdam,Netherlands Subject: Fairstar Dear Peter/Jaap, Thank you for your letter of May 9, 2012. Frits and I have reviewed it together [...]

Tanker Market Update from Teekay: Q2 Rates Likely Lower as Refineries Go into Maintenance Period [VIDEO]

Tanker Market Update from Teekay: Q2 Rates Likely Lower as Refineries Go into Maintenance Period [VIDEO]

High OPEC oil production, strong demand from China, and increased shipping from West Africa has added to tanker demand, however as far east refineries go into maintenance periods, demand for tankers will likely dip in Q2. The following is the April 2012 tanker market update from Teekay’sMarket Analyst Christian Waldegraveon the bridge on the Nassau [...]

BW Rhine Released from Pirate Control, Cargo Stolen

BW Rhine Released from Pirate Control, Cargo Stolen

BW Danube, image courtesy BW Shipping After a four days under the control of west African pirates, BW Shipping reports that the product tanker, BW Rhine, has been released off Nigeria by its captors. All 24 crew members are safe. We are all very relieved and our immediate priority is to ensure the wellbeing of [...]

Port of L.A. adopts 5-year plan aimed at competition from Panama Canal, others

Port of L.A. adopts 5-year plan aimed at competition from Panama Canal, others

The strategic plan is aimed at maintaining Los Angeles’ distinction as the nation’s busiest port by developing infrastructure projects, growing market share and advancing technology, according to David Mathewson, director of planning and economic development for the port. A massive expansion of the Panama Canal prompted the Port of Los Angeles to adopt a five-year [...]

Maersk Gains From U.S. Military’s $11.5 Billion War Shipments

Maersk Gains From U.S. Military’s $11.5 Billion War Shipments

The Department of Defense is increasingly shipping war supplies on commercial lines. Since 2001, companies such as Maersk and Neptune Orient Lines Ltd. (NOL) have been awarded at least $11.5 billion in defense contracts and have handled more than 90 percent of all military cargo to and from Iraq and Afghanistan. Beaumont, Texas, is the [...]

Safety protocols established to protect dockworkers, public from potentially explosive refrigerated containers

Safety protocols established to protect dockworkers, public from potentially explosive refrigerated containers

West Coast arbitrator recognizes serious risk of exploding reefers, sets safety protocols SAN FRANCISCO, CA (NOVEMBER 9, 2011) The International Longshore and Warehouse Union (ILWU) has announced to its members at 30 West Coast ports the results of an arbitration hearing in which safety procedures designed to protect dockworkers and the public from potentially explosive [...]

NDC Executes $333M Option for Additional Super 116E Jackups from Lamprell

NDC Executes $333M Option for Additional Super 116E Jackups from Lamprell

LeTourneau Technologies Super 116E jackup drilling rig, image: Lamprell Rig builder Lamprell announced today the receipt of a $333 million order for two, Super 116E (Enhanced) Class jackups from Abu Dhabi’s National Drilling Company (NDC). This order is the result of an executed option for 2 rigs in addition to the four rigs currently under [...]

DryShips Takes Profit from Ocean Rig, Sells 10 Million Shares

DryShips Takes Profit from Ocean Rig, Sells 10 Million Shares

Drillship Poseidon, Image: Ocean Rig DryShips Inc. (DRYS) unveiled a bigger-sized sale of its stake inOcean Rig UDW Inc. (ORIG) as the dry bulk shipper pares its stake in the offshore drilling services provider by about 10%. Ocean Rig‘s shares began trading on Nasdaq in October after a partial spinoff of the offshore drilling services [...]

Iranian Navy Frees Ship from Somali Pirates [UPDATE]

Iranian Navy Frees Ship from Somali Pirates [UPDATE]

M/V Xianghuamen. (c) V. Tonic via MarineTraffic.com Iran’s Navy has once again flexed its muscles in the fight against piracy, reportedly freeing a Chinese cargo ship and its 28 crew hijacked last week in the Gulf of Oman. As gCaptain reported on Friday, the cargo ship, identified as the Panamanian-flagged and Chinese-owned Xianghuamen, was successfully [...]

Improve the web with Nofollow Reciprocity.