SUNDAY, NOVEMBER 27, 2011
Lekven Shipping moves to new offices
Lekven Shipping will move to new office the 1st. of December 2011. The office will be located on the small island of Jarlsoe.
The new address is
THURSDAY, NOVEMBER 3, 2011
Korean car carrier player Hyundai Glovis is lining up a new order worth KRW 148bn ($134m).
The company wants two vessels for its money, it said in a regulatory filing on Monday, without giving further details.
In May, TradeWinds reported Glovis was scaling down its plans for pure car/truck carrier (PCTC) newbuildings.
The Seoul-based logistic group had planned to contract three 6,000-car-equivalent unit (ceu) vessels to meet growing demand.
It booked two bigger 6,500-ceu ships instead at Hyundai Heavy Industries.
THURSDAY, FEBRUARY 3, 2011
Australia: Are wharfies strikes a return to the bad old days?
Stalled negotiations between Patricks Stevedores and the Maritime Union of Australia (MUA) have resulted in a series of rolling strikes by MUA members demanding higher wages.
Patrick has hit back at an MUA proposal it says would result in a nearly 200 percent increase in employment costs, reports The Australian.
Patrick would not, "be held to ransom by a union that appears to be returning to its old ways, flexing its muscle and entering into coercive strike behaviour in an attempt to force us into agreement,” Bulk and General Operations General Manager Warwick Sommer told The Australian.
The MUA is pushing for an increase in permanent staff, claiming casuals make up nearly 60 percent of Patrick’s workforce. It also disputes Patrick’s employment cost projections, and says Patrick has made no attempt to reach an agreement over the past seven months.
"The rolling strikes currently being ...
MONDAY, JANUARY 31, 2011
Höegh Tracer sold for green recycling
Höegh Tracer is currently on her last voyage and will arrive in the Shanghai area in the beginning of February 2011 - close to her 30 year anniversary.
Höegh Tracer is now on her last voyage
Her last destination will be Changjiang Ship-breaking Co. up-river from Shanghai.
Maersk Ship Management BV will be responsible for planning and monitoring recycling in accordance with our Green Ship Recycling Specification.
Höegh Autoliners has adopted a Ship Recycling Policy based on the proposed IMO recycling convention (Hong Kong 2009). This ensures that the vessel is recycled in a safe and environmentally friendly way and will be disassembled under controlled conditions within a dock.
Höegh Tracer is the 10th Höegh Autoliners vessel to be recycled in this manner since 2009 and will be the second vessel recycling arranged through Maersk
Overview of Höegh Autoliners vessels subject ...
THURSDAY, JANUARY 27, 2011
BIMCO - containership orderbook back to “normal” size
One year ago the containership orderbook stood at 4.9 million TEU. Today, it totals 3.9 million TEU. Deliveries of 1.3 million TEU of newbuilt vessels have diminished the orderbook in combination with few signings of new contracts. The total orderbook is down by 21 percent over the last year.
That development stands in sharp contrast, in particular, to the dry bulk orderbook, which remains very high, but also to the tanker orderbook, which is down by eight percent. In the following piece we will, however, focus primarily on the container trades.
Source: BIMCO, Clarksons
This low level of new orders has brought the orderbook-to-fleet ratio down to 28 percent, which was the average ratio level until the ordering boom took off towards the end of 2003. The orderbook-to-fleet ratio reached its peak in November 2007 at 61 percent. The fact that the ratio is now back ...>> full