• 2012 Feb 22

    Dry cargo freight rates on the decline

    Dry cargo ship-owners have had a tough week. The Baltic Dry Index has fallen by 3,81 % in the week of February 15-21 and is now on the level of 706. The hopes and predictions were for the freight rates to recover significantly after the end of the Chinese Lunar Year and the start of production activities in China. However, the increase and recovery of shipping activities were lower than many hoped for.

  • ClassNK issues guidelines for gas fuel

    ClassNK

    2012 Feb 22

    ClassNK issues guidelines for gas fuel

    ClassNK has issued new guidelines, outlining requirements for the design of natural gas fuelled ships and providing information on key issues including bunkering, hull structure, fire safety, and explosion prevention.

  • OSD seals ten new PSV orders

    PSV: Offshore Ship Designers IMT 892

    2012 Feb 22

    OSD seals ten new PSV orders

    Offshore Ship Designers reports that it has sealed ten new design contracts for large diesel-electric platform supply vessels for two major offshore operators building at three shipyards in Brazil, Japan and Spain.

  • IMO: Polar Code guidelines and standards under construction

    IMO

    2012 Feb 22

    IMO: Polar Code guidelines and standards under construction

    The International Maritime Organization (IMO) is developing a mandatory Polar Code in order to set standards for ship construction and operation in polar waters, according to INTERTANKO's Technical Director, Dragos Rauta, who was at IMO this week.

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