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Sunday, September 22, 2019

Size counts on weak Asia-Europe routes

Posted to Far East Maritime (by Greg Knowler) on June 19, 2013

The mega vessel sharing agreement between the world’s three biggest container lines is going to completely dominate Asia-Europe trade with ships from Maersk, MSC and CMA CGM having a good 40 percent share of the market. The P3 Network, as it is called…

Law to curtail Shipping Trade Malpractices

Posted to Law to curtail Shipping Trade Malpractices (by Joseph Fonseca) on March 14, 2011

An Act to facilitate swift and efficient movement of goods in India in relation to export/ import or coastal cargo is set to be enacted soon. It promises to bring transparency in trade practices by publishing of tariff by shipping transport…

Carriers warn Vale's big bulkers will dampen rates

Posted to Far East Maritime (by Greg Knowler) on December 9, 2010

The dry bulk shipping business is going through a tough time. It is an incredible 80 percent down on the market peak in May 2008, and rates have led carrier operators on a wild and volatile ride ever since. The industry is currently oversupplied with bulk carriers…

Subsea Power Grid to Enable Large-Scale Subsea Processing

Posted to Brazilian Subsea and Maritime News (by Claudio Paschoa) on June 16, 2010

Large-scale seabed processing facilities will require a subsea power grid system that is able to operate for long step-outs with total reliability withstanding extreme pressure and temperatures. As technology leader on land-based power grids…

Bharati Shipyard in control of Great Offshore

Posted to Bharati Shipyard in control of Great Offshore (by Joseph Fonseca) on May 17, 2010

The battle for Great Offshore, country’s largest integrated offshore services firm, has finally ended with Bharati Shipyard in total control and ABS shipyard left trying to dilute its share holding in the company. Last week Bharati Shipyard…