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Sunday, March 29, 2020

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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…

Indian shipping tonnage at record level

Posted to Indian shipping tonnage at record level (by Joseph Fonseca) on May 5, 2010

After a two-year slump, the Indian shipping tonnage registered a robust growth to touch the all time high of 9.71 million GT as of 30 April 2010. This buoyancy is expected to continue and the tonnage could well cross the 10 million mark soon…

USCG Districts

Posted to Maritime Musings (by Dennis Bryant) on April 6, 2010

The US Coast Guard adopted the concept of geographic districts when it absorbed the US Lighthouse Service in 1939. Previously, it had no formal segmentation of its chain of command based on geography. Rather, the chain of command was grouped around function.

Schlumberger Solutions Tailored for Deepwater Subsalt Well Intervention

Posted to Brazilian Subsea and Maritime News (by Claudio Paschoa) on December 10, 2009

The challenges facing the exploration and subsequent production phase in the deepwater subsalt fields are extensive. The cost involved in deepwater E&P can get to a point where it isn´t financially atractive in terms of profit margins. One of…