Hints and tips:
...India has two aircraft carriers. The first, the Soviet-built INS Vikramaditya, is in maintenance....
...Quoted owners such as Eagle Bulk Shipping of the US, Star Bulk Carriers of Greece and Golden Ocean Group of Norway have delivered average returns to investors of more than 200 per cent....
...Japan has launched the world’s first ocean-going liquid hydrogen carrier as the energy-poor country works to build a global supply chain for carbon-free fuel....
...Now, the goal is to have the roughly 90-seat SpaceJet M90, a rebranding of the MRJ, enter service with Japanese carrier All Nippon Airways next year....
...DHT owns 19 Very Large Crude Carriers, the largest commonly-used type, and two Aframaxes, a medium-sized tanker....
...– The water carriers of old Delhi are — along with many others in traditional and niche roles — watching their livelihoods trickle away....
...China Ocean Shipping, the mainland’s flagship carrier, racked up $1.1bn in losses in the first quarter of this year, a record in Chinese corporate history....
...For one thing, there are too many bulk carriers. The price of sending iron ore or coal over the water barely exceeds the cost to ship it....
...European carriers have had to overcome technological challenges, too....
...But he was proud that Chung Wei Steamship commanded ocean-going vessels, and the industrialising Yangtze Delta needed coal....
...STX Pan Ocean, the country’s largest bulk carrier, filed for court protection in June, unable to overcome the mounting debt burden....
...Korea’s biggest dry bulk shipowner, STX Pan Ocean, sought bankruptcy protection on June 7. Earnings for dry bulk ships continue to be too low to cover many companies’ operating costs....
...First came the $100m acquisition of local rival Daedong Shipbuilding in 2001, followed by a $375m takeover of bulk carrier group Pan Ocean in 2004....
...“There still is no other place in the world where you could be in another ocean in just a matter of hours,” Mr Alemán says....
...Many of South Korea’s small shipbuilders and Chinese rivals have gone under amid a fall-off in demand for container ships and dry bulk carriers....
...Frontline, until recently the world’s largest independent crude oil tanker owner, specialises in the largest oil tankers, while Golden Ocean owns dry-bulk carriers and Golar LNG operates liquefied natural...
...There are very few LNG carriers in the world that are “ice class”, meaning they have the reinforced hulls suited to Arctic conditions. Dynagas has two of them....
...A drop in the ocean perhaps, but one that looks set to get bigger. Related reading: Chinese airlines: big opportunities at home and abroad, FT China: powered by corn cobs?...
...Golden Ocean, a significant operator of carriers for coal, iron ore and other dry bulk commodities....
...The company is due to pay $46,000 a day until at least January 2014 for one of its vessels, the Golden Feng, a large dry bulk carrier chartered from Golden Ocean, part of the Fredriksen group of shipping...
...Unfortunately for Vale, Brazil’s mining giant, the same thing seems to have happened with their 400,000 ton iron ore carrier....
...companies that the Financial Times identified this week as suffering from the failure of Grand China Logistics, one of China’s fastest-growing shipping companies, to pay for the lease of many of the dry bulk carriers...
...STX Pan Ocean dropped 5 per cent after the operator of a stricken Vale iron ore carrier said it had confirmed cracks in the ship but it was unlikely to sink. Its parent STX Corpfell 1.5 per cent....
...The company’s Very Large Crude Carriers, which need $30,200 a day to break even, had been earning only $12,600 on the short-term spot market during the period, the company said....
...“The investment in the national carrier of Seychelles is a natural next step towards growing our operations in the increasingly important leisure markets of the Indian Ocean and Africa,” James Hogan, Etihad...
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