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Saturday, April 17, 2021

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…

Perihelion

Posted to Maritime Musings (by Dennis Bryant) on January 4, 2011

The whoosh you experienced at about 1900 UTC on Monday, January 3, 2011 was the sun passing by on its closest approach to the Earth – a mere 91,402,505 miles away. This recurs every year, often at night when it can’t be observed. The date and…

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…

Vizhinjam to become major transshipment port in S. India

Posted to Vizhinjam to become major transshipment port in S. India (by Joseph Fonseca) on November 29, 2010

Vizhinjam, a port located near the Southern tip of India and close to the international shipping route is being developed into a major transshipment port. Once completed it is expected to attract annually over 10,000 ships that is half the number that pass through the Suez Canal.

Petrobras Expands CENPES Research Center

Posted to Brazilian Subsea and Maritime News (by Claudio Paschoa) on October 12, 2010

With the expansion the complex on Fundão Island will occupy more than 300 thousand m² making it one of the largest centers of applied research in the world. There will be various laboratories designed to meet the technological demands of Petrobras’ business areas…