Category Archives : Uncategorized

Shipping and Samoli pirates in the Gulf of Aden in 2014

Dryad Maritime Intelligence have today confirmed the first shipping piracy attack of 2014 which saw an audacious and determined attack launched by Somali pirates south of Salalah in the late hours of 17th January. The news comes hot on the heels of the latest International Maritime Bureau (IMB) annual report on piracy and maritime crime, […]

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Car Shipping Carriers fined $2.3 Million by the FMC

Car Shipping News The Federal Maritime Commission (FMC) is the independent federal agency responsible for regulating the nation’s international ocean transportation for the benefit of exporters, importers, and the American consumer. The Federal Maritime Commission announced compromise agreements reached with two common carriers operating pure car carriers (PCCs) and roll on/roll off (RO/RO) vessels in […]

Wallenius Wilhelmsen Logistics and Port of Hueneme announce 5-year deal

Roro Car Shipping Update Port Officials and Wallenius Wilhelmsen Logistics (WWL), on the eve of WWL’s 26th anniversary at the Port, executed a fifth modification of its 1991 contract extending its agreement for an additional five years through December 31, 2018. Wallenius Wilhelmsen ships first began calling at the Port of Hueneme in1987. In 1991, […]

Car Shipping

AMPN Inc. Announces Third Quarter 2013 Financial –

Aegean Marine Petroleum Network Inc. yesterday announced financial and operating results for the third quarter ended September 30th, 2013. Third Quarter Highlights —  Recorded sales volumes of 2,496,457 metric tons. —  Reported gross profit of $70.8 million. —  Recorded operating income of $12.4 million. —  Recorded net income attributable to Aegean shareholders of $7.3 million […]

Coal exports from Mozambique via port of Beira exceed 3 million tons – Car & Container Shipping

Coal carried from the Mozambican province of Tete along the Sena railroad to the port of Beira has so far this year earned state rail and port management company Portos e Caminhos de Ferro de Moçambique (CFM) US$52 million, the chief executive of CFM-Centro said. Car Shipping & Container Shipping Cândido Jone told daily newspaper […]

Product tanker market has been outperforming its crude tanker counterpart –

Get Cheap Car Shipping & Heavy Equipment Shipping The product tanker market has been outperforming its crude tanker counterpart, as fundamentals remain in the favor of ship owners. In its latest results’ report, ship owner Capital Product Partners noted that “overall, product tanker spot earnings in the third quarter of 2013 were at levels higher […]

Dry bulk newbuilding deliveries to fall way short of expectations, favorable – Car Shipping

Dry bulk newbuilding deliveries to fall way short of expectations, favorable One of the major dry bulk ship owners, Pacific Basin, declared in its latest results’ announcement that newbuilding newbuilding deliveries in the full-year 2013 to fall significantly short of the planned deliveries as scheduled at the start of 2013, and R.S. Platou forecast 7.9% […]


Pirates cause Shipping rate to go up –

An action packed scene from Sony Pictures’ latest epic ‘Captain Phillips’, starring Tom Hanks. SOMALI pirates are in the news again. Kidnappings, ship hijacks, a run-in with the Australian navy and a Tom Hanks movie have put them back in the spotlight. But, despite se veral high profile incidents off the Horn of Africa, the […]

‘K’ Line Orders Four New Ro-Ro Vessels – Car Shipping with

“K” Line and two shipbuilding companies, Shin Kurushima Dockyard and Japan Marine United, have reached agreements to build four new car carrier vessels. The shipbuilders will each construct two vessels. Delivery of the new ships is expected to take place in 2015 and the first quarter of 2016. “We have appointed two shipyards and are […]

Iron ore demand increase triggers Ship Rally to China

Car Shipping News An increased iron ore demand has triggered this latest dry bulk rally, which could get yet another boost during next week, when China is expected to return to the global market. According to this week’s report from shipbroker Intermodal, “the surge in iron ore trade has translated into a massive boost in […]