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Weekly Vessel Scrapping Report: 2016 Week 13
Apr 7, 2016 ... Spirit     MPP      01-01-1986     Nanjing King Ship Management     06-04-2016     King Pride     MPP ...
Imbari Installs Scrubber on Bulk Carrier
Mar 31, 2016 ... is said to have been installed on the vessel in support of a joint research project with Nippon Kaiji Kyokai (Class NK), intended to analyse a Main Engine Exhaust Gas Cleaning System (EGCS) ...
Carriers Stick with Slow Steaming as Rock Bottom Rates Outweigh Gains from Sharp Fall in Bunker Costs
Mar 31, 2016 ... extra ships instead of shed the extra tonnage and speed up. However, Alphaliner notes that Hanjin Shipping's new 'China-America Express' (CAX) loop launch in May will provide a transit time of ...
Iran to Attend "Urgent" Freeze Meeting - But Won't Agree to the Freeze
Mar 30, 2016 ... to freeze production will soon be tested as Saudi Arabia and Kuwait restart their shared Khafji oilfield – which will oblige the countries to cut output elsewhere in order to keep their ...
Alphaliner: Biggest Ever Container Shipping Bankruptcy Edges Closer
Mar 28, 2016 ... plan. On March 20, Kim is said to have dismissed the option of a merger between HMM and Hanjin Shipping Co. (Hanjin Shipping), explaining that "it is much more beneficial to maintain two ...
IEA Joins the Legion of Freeze Output Critics, Calls the Proposal "Meaningless"
Mar 24, 2016 ... because none of the participating countries were expected to raise production anyway; CNBC analyst Jim Cramer, who called the proposal "a total hoax" and warned that oil prices will plummet again; ...
Bunkering Vessel, Cargo Forfeited and Jail Terms Handed Down in Illegal Bunkering Case
Mar 22, 2016 ... and Shkundich Vasily, jumped bail last month and have not been seen since. Defence counsel Babajide Koku said he had contacted the Russian Embassy in an effort to locate the men, but was told ...
Kilduff Says Forget the Hype, Oil Will Fall Back to $25/bbl
Mar 22, 2016 ... you're seeing the bulls buy this market up." Kilduff's views align with those of CNBC analyst Jim Cramer, who last month called the proposal by Saudi Arabia, Russia, Qatar, and Venezuela to ...
Seoul Supports HMM Restructuring, as Separate Reports Suggest Finances Worse than Previously Stated
Mar 18, 2016 ... Ship & Bunker reported that industry analysts at Drewry thought a tie-up between HMM and Hanjin would ensure the survival of the troubled ...
Hanjin Shipping Seeks KRW500 Billion in Savings to Gain Eligibility to Government Fund
Mar 18, 2016 ... Shipping Co. (Hanjin) has plans to ramp up debt restructuring to achieve KRW500 billion (430 million) in savings by 2021 in order to tap assistance from the Government of South Korea's ...