| |
| Frontline announces Termination of charter of a single hull VLCC | |  | | Frontline Ltd. ("Frontline") has agreed with Ship Finance International Limited ("Ship Finance") to terminate the long term charter party between the companies for the single hull VLCC Golden River and Ship Finance has simultaneously sold the vessel to an unrelated third party. |
| |
| Two ships seized over illegal oil transfer | |  | | The Malaysian Maritime Enforcement Agency (MMEA) has seized two ships believed to be involved in illegal oil transfer activities in Pengerang, Kota Tinggi.
Tanjung Sedili enforcement officer Commander Abdul Hadib Abdul Wahad
said the incident took place at 11. |
| |
| Iran Sends 7th Vessel To Aden To Fight Pirates | |  | | The Islamic Republic of Iran's Navy sent Wednesday the 7th vessel to the Gulf of Aden to fight pirates and protect the country's shipping lines from piracy, Iranian news agency IRNA reported.
A number of Iran's Navy commanders as well as country's officials were
in the southern Iranian region of Bandar-Abbas to attend the event. |
| |
| Palmali to receive the third tanker of Palchem type | |  | | Palmali received a third tanker Khankendyof Palchem type. According to the shipping company, the ship will go on its first voyage carrying vegetable oil on board from Nikolayev in Dyunkirk. Vessel is built at the Turkish shipyards Çelik Tekne Shipyard. |
| |
| Somali Pirates Mistake Dutch Warship for Regular Tanker | |  | | Somali pirates seem to not only be desperate and crazy but also unable to distinguish predator from pray. Recently Somali pirates tried to rush a the Dutch warship, HNLMS, mistaking it for a tanker or freighter.
The pirates tried to ride up to HNLMS on two skiffs (I guess that's like
two tiny boats) but when they realized that the HNLMS was actually a
warship, the two skiffs turned around and ran but were tracked down
alongside their mothership. |
| |
|
|
| Shipping company in hot water | |  | | The company that took over the Flinders Island to Bridport shipping route after Southern Shipping collapsed has pleaded guilty to sailing without a survey certificate. |
| |
| South African export coal retreats on weaker European demand | |  | | Bloomberg reported that prices for coal shipped from South Africa’s Richards Bay fell for the first time in 4 weeks on weakening European demand.
According to IHS McCloskey, export prices declined USD 1.15 or 1.4% to
USD 82. |
| |
| Korean plate imports seen on downward trend | |  | | It is reported that the ratio of demand for imported plates to the total demand for plates in Korea is expected to scarcely maintain the level of 30% this year and on the other hand, the portion of domestic production is expected to soar to 70%. |
| |
| Ukraine\'s iron ore imports and exports rise in Jan-Feb | |  | | According to data issued by the Ukrainian Association of Ore-dressing Enterprises (Ukrrudprom), in the first two months of this year the Ukrainian steelmakers increased their imports of iron ore by 2. |
| |
| India unlikely to lift wheat export ban | |  | | Despite a record wheat stockpiles and expected higher production this year, India is unlikely to lift the ban on wheat exports, which was imposed in 2007 to boost domestic supply. |
| |
|
