Baltic Exchange issues additional guidance to reporting panels

 

The Baltic Exchange has provided, in 12 June2013, its shipbroker panel members with further guidance on the way in which they assess the capesize market.

The move has followed extensive market consultation and reflects the need for greater precision on the slow steaming characteristics of the Baltic capesize vessel type.

This guidance does not...

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Russian breakthrough on Norwegian shelf

In a historical announcement by the Norwegian government, both Rosneft and Lukoil today got license rights to blocks in Norwegian Arctic waters.

The massive opening of the Barents Sea for the oil industry includes invitations to Russia's two powerful Russian petroleum companies, the first ever Russian companies on the Norwegian shelf.

According...

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Kenyan election calm prompt

Kenyan election calm promptDESPITE a 7.5 per cent decline in first quarter, Kenya's GDP has been six per cent this year after a peaceful election, Reuters reports.Devamı İçin Tıklayınız......

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PwC’s 4 th Annual Shipping Industry Briefing Raising capital in the real world

PwC's annual shipping industry briefing, which took place for the fourth year in a row at the Yacht Club of Greece, focused on examining the sources of finance that are currently available to the Greek shipping sector.

The meeting began by a presentation of the results of a new survey by PwC on shipping, which set the basis for a broad discussion...

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To raise funds for seafarers

To raise funds for seafarersTHE Baltic Exchange is selling a collection of choral music called "Music for Seafarers" with revenues going to the Mission to Seafarers, the Sailors Society and RNLI (Royal National Lifeboat Institution) Salcombe. Devamı İçin Tıklayınız......

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Abu Dhabi's local economy

Abu Dhabi's local economyABU DHABI's Khalifa Container Terminal, which opened last September now stands to transform the local economy, according to the port operator, forwarding giant Agility and an engineering professor interviewed by Dubai's Khaleej Times.Devamı İçin Tıklayınız......

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CMA CGM Named Biggest

CMA CGM Named BiggestCMA CGM Group has held a christening ceremony at the townhall of Hamburg for its latest 16,000-TEU newbuilding, the CMA CGM Alexander von Humboldt, the second of three same-size ships ordered by the French shipping giant.Devamı İçin Tıklayınız......

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Speed limit to save whales

Speed limit to save whalesTHE US National Oceanic and Atmospheric Administration (NOAA) is lobbying for public support for its bid to extend the 10-knot speed limit on cargo vessels beyond December to save the whales from ship collisions.Devamı İçin Tıklayınız......

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InterManager puts management practice at the top of the agenda

InterManager, the international trade association for the world's in-house and third party ship managers, has once again placed quality at the top of its agenda by pledging to work with industry stakeholders as well as governments and flag state administrations to highlight the importance of management best practices in the day-to-day running of...

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DMCA sighns MoU with Maritime and Port Authority of Singapore

 

Dubai Maritime City Authority (DMCA) has announced that it has recently signed a Memorandum of Understanding (MoU) on maritime cooperation with the Maritime and Port Authority of Singapore (MPA), the government authority behind Singapore's port and maritime development.

Under the MoU, DMCA and MPA will explore possible areas of collaboration...

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