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Results 1 - 10 of 145 for bulk carrier

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  1. Speculation blamed for woes

    Posted Nov 11th 2011, 12:00am

    ... dry-bulk carriers, tankers and container ships delivered by 2015. Koo, who is also chairman and chief executive of Hong Kong-headquartered tanker and dry-bulk cargo owner Tai Chong Cheang ... called for a halt in new ship orders. The entry of new ships into the global fleet have led charter rates to crash as the increase in tonnage outpaces growth in cargo volumes. For the dry bulk ...

  2. Shipping gloom to lift, Pacific Basin says

    Posted Aug 09th 2010, 12:00am by Keith Wallis

    ... large dry bulk carriers totalling 125 million deadweight tonnes are to be delivered between now and 2013. This compared with an existing fleet of 1,064 ships of 190.5 million deadweight tonnes. ... joining the global fleet. Explaining the current conditions, Klaus Nyborg, chief executive of Pacific Basin Shipping, said the gloomy dry bulk freight rates would rebound in the fourth quarter. ...

  3. Courage Marine bearish on market

    Posted Dec 10th 2011, 12:00am

    ... to slow in 2013, he said. British shipbroker Clarkson said there were 2,557 dry cargo bulk carriers totalling 212.7 dwt currently on order, equivalent to 35.2 per cent of the existing fleet of 8,818 bulk carriers totalling 604.8 million dwt. Dry cargo ships totalling 120.2 million dwt are due for delivery next year, with 60.9 million dwt forecast for delivery in 2013 and beyond. ...

  4. Sinotrans defies trend to post US$55m profit

    Posted Aug 27th 2011, 12:00am

    ... The company, which generated 92.2 per cent of its profit from dry cargo shipping in the first half, will take delivery of four 76,000-deadweight tonne dry bulk carriers in the next five months. ... Revenue edged up 0.5 per cent to US$134.4 million, against US$133.7 million in the first half of last year, thanks to the addition of three new vessels to the firm's dry bulk fleet ...

  5. Asian container shippers are set to outperform bulk carriers

    Posted Oct 07th 2010, 12:00am by Keith Wallis

    ... was the outstanding order book for vessels. The bank forecast that cargo demand would only outstrip the supply of large capesize dry bulk carriers of around 180,000 deadweight tonnes in 2013. But it would ... Keith Wallis Increased Asian trade flows mean container ship owners such as Orient Overseas Container Line and Cosco Container Lines are likely to perform better than operators of dry bulk ...

  6. Business - Companies - SHIPPING

    Time to buy dry bulk bargains, says chief

    Posted Mar 06th 2013, 12:00am by Keith Wallis

    ... are certainly in the zone" to buy. "There is a lot more interest from potential buyers, and volumes in the secondhand market, particularly for bulk carriers, are running at quite high ... Japanese shipyards have traditionally built better quality bulk carriers than Chinese yards. Berglund said secondhand vessels also offered a "better return on capital" than new vessels, ...

  7. Dry bulk sector under 'significant stress'

    Posted Mar 28th 2012, 12:00am

    ... into Shipping 2012. Hong Kong's big shipping firms include dry bulk operators China Cosco Holdings and Pacific Basin Shipping, box carriers include the Tung-family-controlled Orient Overseas ... though there are still opportunities in Asia, a ship finance expert says. Russell Beardmore, head of shipping finance in North East Asia for Standard Chartered Bank (Hong Kong), said the dry bulk ...

  8. Business - China Business - SHIPPING

    Dry-bulk shipping sector faces worst crisis in years

    Posted Sep 24th 2012, 12:00am by Keith Wallis

    ... Keith Wallis keith.wallis@scmp.com Industry survey of delegates at a summit in Xiamen shows that a slide in freight rates and glut of new buildings are major concerns for owners Dry-bulk sector faces worst crisis in years Dry-bulk shipping, which is facing its worst crisis in years due to a slump in freight rates and too much tonnage, is unlikely to fully recover until at least ...

  9. China Cosco bulks up in 34.6b yuan fleet deal

    Posted Sep 05th 2007, 12:00am by Kandy Wong

    ... Kandy Wong Assets from parent firm will make it top resources carrier China Cosco Holdings, the mainland's largest shipping conglomerate, will buy its parent firm's dry bulk ... carriers. The Baltic Exchange's Dry Freight Index hit a record high of 7,783 yesterday, gaining 1.05 per cent from the previous day. Investment bank Cazenove estimated the bulk assets ...

  10. Lawyers seize mainland oil tanker

    Posted Dec 09th 2010, 12:00am by Keith Wallis

    ... Yuanchang Shipping is locked in a row with German shipping firm Hermann Dauelsberg over the charter of another ship, a 92,500 deadweight cargo bulk carrier. The Bremen-based shipowner claims the Dalian firm agreed to charter the bulk carrier for seven years at a daily rate of US$32,000 from delivery of the ship by mainland shipbuilder Zhejiang Yangfan Shipbuilding in October. ...




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