DAILY SHIPPING NEWSLETTER
DAILY SHIPPING NEWSLETTER : Wednesday 02-08-2001
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Eindhovense cilinders tillen Kursk naar oppervlakte Eindhoven - Bij Hydrowa in Eindhoven, specialist in hydraulica, is het op dit moment alle hens aan dek: het bedrijf legt de laatste hand aan zes hydraulische cilinders voor het ponton waarmee de Russische onderzeeër Kursk in het najaar moet worden geborgen. De opdracht kwam in mei binnen, deze week moeten de zes holle doorvoervijzels gereed zijn. ,,We gaan het beslist redden,'' stelt projectleider Erwin de Bresser. ,,We kunnen het niet maken te laat klaar te zijn, want dan blijft die onderzeeër op de zeebodem liggen.'' Door de tijdsdruk hebben vijf medewerkers wel hun vakantie moeten opofferen om de cilinders te monteren, te testen en te spuiten. De cilinders gaan een belangrijke rol spelen bij het omhoog hijsen van de atoom-onderzeeboot. Ze worden geïnstalleerd op het ponton Giant 4 van Smit Internationale. Daar op komen in totaal 26 soortgelijke vijzels. Als dit klaar is, in de loop van augustus, wordt koers gezet naar de Barentszzee, waar de Kursk vorig jaar augustus is gezonken met 118 bemanningsleden aan boord. Daar wordt de onderzeeër, die op 108 meter diepte ligt, eerst 'geprepareerd': het zwaar beschadigde voorste compartiment wordt er af gezaagd en zand en slib worden weggespoten. Op 15 september moet, zo is het plan, de Kursk omhoog worden gehesen tot vlak onder het ponton. Dit gebeurt uiterst gecontroleerd, centimeter voor centimeter. Daartoe kunnen de 26 hefunits, die elk maximaal 900 ton kunnen heffen, per computer worden 'gestuurd'. De kracht van elke kabelbundel is afzonderlijk te regelen, zodat er zo min mogelijk spanning op de romp van de Kusk wordt uitgeoefend en golfslag kan worden gecompenseerd. Elke hefunit trekt bundels van 54 dunnere kabels door middel van twee in elkaar schuivende cilinders naar boven.
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DAILY SHIPPING NEWSLETTER Het zijn deze cilinders met een slaglengte van vierhonderd millimeter - de lengte die de cilinder kan uitschuiven - waarvoor Hydrowa is ingeschakeld. Twintig heeft het bedrijf er in het verleden al eens voor andere doeleinden gemaakt. Ze worden nu uit de hele wereld weer overgebracht naar Amsterdam, waar de Giant 4 in gereedheid wordt gebracht. De ontbrekende zes cilinders hoopt Hydrowa één dezer dagen te leveren. De opdracht voor de Kursk heeft Hydrowa gekregen van Mammoet, specialist in zeer zwaar transport, waarmee het Eindhovense bedrijf al langer samenwerkt. Mammoet en het Rotterdamse bergingsbedrijf Smit Internationale leiden de bergingsoperatie. Hydrowa, specialist in hydraulica (85 werknemers, omzet ruim 32 miljoen gulden), maakt sinds vorig jaar deel uit van Eaton, een multinationaal bedrijf met wereldwijd meer dan 65.000 werknemers en een omzet van 25 miljard gulden. Hydrowa is zeer vereerd met de opdracht. ,,We zijn best trots,'' zegt De Bresser. Maar in afmetingen zijn ze wel moeilijkere en grotere opdrachten gewend. Cilinders met een slaglengte van 22 meter behoren inmiddels tot het standaardpakket. En de cilinder onder de 'Pagode' in de Efteling kan zelfs 45 meter de lucht in.
EVENTS, INCIDENTS & OPERATIONS Bergers van Smit hopen op coulantie van vliegveld Rotterdam _ Maritiem dienstverlener Smit Internationale hoopt voor de toekomst op een meer coulante opstelling van Rotterdam Airport en de gemeente Rotterdam. Die hebben eind vorige week toestemming geweigerd voor een extra vlucht vrijdag met bergingsmaterieel naar de Liberiaanse hoofdstad Monrovia. Bergingsbedrijf Smit Tak had daarvoor een Ilyushin 76-vrachtvliegtuig gehuurd, maar dit soort verouderde toestellen zijn in Rotterdam niet welkom. De bergers hadden het materieel - in totaal twintig ton - nodig om het hoofd te bieden aan een dreigende olieramp in de haven van Monrovia, waar een containerschip brandstof lekte. Achteraf, zo zegt een woordvoerder van Smit Tak, viel het met die lekkage allemaal wel mee. Het bergingsmaterieel is vanuit het pakhuis in Maassluis via de luchthaven Hahn bij Frankfurt naar Liberia gevlogen. Volgens Smit Tak heeft dat een vertraging van een halve dag opgeleverd. Het was vorige week al de tweede keer dit jaar dat het Rotterdamse bergingsbedrijf problemen ondervond bij het 'uitvliegen' van materieel vanaf Rotterdam Airport. Eerder dit jaar bleek het niet mogelijk om met een inderhaast gehuurd toestel bergingsmaterieel naar Brazilië te vliegen toen daar voor de kust 's werelds grootste olieproductieplatform P 36 van oliemaatschappij Petrobras in grote moeilijkheden verkeerde. Het platform is niet veel later gekapseisd, maar dat hadden de bergers niet kunnen voorkomen. Bij Smit wordt toegegeven dat men de ontwikkeling bij het Rotterdamse vliegveld niet goed heeft gevolgd. Het bedrijf behoort ook niet tot degenen die bezwaar hebben gemaakt tegen de strenge regels voor nachtvluchten, zoals die begin dit jaar formeel door minister Netelenbos (Verkeer en Waterstaat) in de concept-aanwijzing voor het vliegveld zijn gepresenteerd. Naar verwachting worden, na verwerking van alle bezwaren, die regels eind dit jaar van kracht. Vooruitlopend daarop is al ruim een jaar geleden de zogeheten hoofdstuk-2-vliegtuigen in de ban gedaan. Het door Smit Tak gehuurde toestel stond op het vliegveld Hahn bij Frankfurt. Daar heeft Smit Tak uiteindelijk haar bergingsmaterieel naar toe gebracht. Ook is nog overwogen het vrachtvliegtuig naar Oostende te laten vliegen. Met een vertraging van dertien uur is het, samen met acht bergers van Smit en Wijsmuller, in Monrovia aangekomen. Smit heeft aangekondigd met de autoriteiten in Rotterdam gesprekken te zullen aangaan om in een volgend geval problemen te voorkomen.
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DAILY SHIPPING NEWSLETTER
S'pore to go all-out on master-pilot plans THE Maritime and Port Authority of Singapore plans to implement the first phase of its master-pilot passage plan scheme from the start of August for all types of tankers and passenger ships. The project will see pilots providing incoming ship masters with passage plans before the ship arrives at the boarding ground. The decision to implement the scheme came after positive feedback from masters during the pilot project, which began in March, conducted by a team consisting of representatives from PSA Marine, Intertanko and the MPA. The aim of the project is that with pilots providing information in advance to ship masters, greater understanding and preparedness will make navigating in the busy and constricted waters around Singapore easier and safer
Compulsory pilotage extended for reef COMPULSORY pilotage for ships passing through the Great Barrier Reef has been extended as part of the series of moves arising from last year's grounding of the box ship Bunga Teratai Satu. Any ship over 70 metres in length carrying oil, chemicals or gas must now have a pilot on board through the area around the Whitsunday Islands, and the same applies for ships running along the outer edge of the Hydrographers Passage near the port of Mackay. Such extensions of pilotage rules, despite ongoing discussion on the issue, were inevitable following the grounding of the MISC container vessel, which was outside the pilotage limits when it struck the reef at full speed. Further measures are expected to be forthcoming from the Australian government in the near future.
Shipping Co faces clean up costs Nomadic Shipping of Bergen, owners of the cargo vessel Green Ålesund that sunk off Norway's west coast last December face clean up costs over NOK 80 million. The Green Alesun grounded off Bleivik near Haugesund on 15 December with 3,200 tons of frozen fish onboard. The reefer split apart, releasing its cargo into the ocean. The accident caused an environmental threat to a substantial area of coastline. If maritime authorities determine that the ship’s captain acted negligently then Nomadic face a claim for at least NOK 80 million, reports said. -
S'pore-flagged ship leaves Davao to return home
(SINGAPORE) The Singapore-flagged container ship Pacific Eagle left the Philippine port of Davao on Monday night to return to Singapore after it was involved in a collision which sank a smaller vessel last week. A Singapore-based spokesman for the vessel's owners, Pacific Eagle Lines, told Shipping Times that unconfirmed reports emerging from the Philippines yesterday that the ship had been ordered to return to the port to face an inquiry into the incident were untrue. 'The ship is sailing back to Singapore and will arrive on August 3,' he said, explaining that minor repairs had been completed in Davao. 'They (the Philippine Coast Guard) are still investigating but there is still no result,' he said. The Pacific Eagle was involved in a collision with the Philippine-flagged Dingalan Bay, a 1,479 gross tonne cargo vessel which was unloading steel, cars and industrial materials when it was struck and subsequently sank.
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DAILY SHIPPING NEWSLETTER The 22-year-old Singapore vessel was under pilotage and approaching to berth off Sasa Wharves when the incident occurred. Its owners agreed earlier this week to pay 1 million pesos (S$33,628) to help clean up oil spilled from the Dingalan Bay. The spokesman repeated the Singapore company's earlier statement that the 368-TEU (20-ft equivalent unit) container ship did not have steering wheel or engine problems as had been reported earlier by Philippine press, which attributed the comments to the ship's master. 'The ship is completely sea worthy. It was under pilotage at the time of the incident,' he said, backing up a revised statement released by Pacific Eagle Lines on Monday, which said: 'The master did not make any acknowledgement of mechanical failure as there was no necessity for such admission since the vessel was class-maintained (by Lloyd's Register) and completely sea worthy. 'The owners have spoken to the master of the vessel who confirmed that the vessel had no steering or mechanical failure at or immediately prior to the incident. 'Further, Lloyd's Register tested the steering gears and main engine running condition immediately after the collision and certified that there was no problem at all with the engine condition of the vessel.' -
SHIPYARD NEWS Hellespont sells VLCC newbuildings HELLESPONT Shipping Corp is selling the four high specification VLCC newbuildings it has under construction at Samsung, South Korea, to National Shipping Company of Saudi Arabia in a surprise deal worth US$330m. A company source confirmed that the four 303,000 dwt ships had been sold, leaving the company controlled by Basil Papachristidis with just its four 442,500 dwt ULCCs, on order at Daewoo, remaining of its re-tonnaging programme. Mr Papachristidis was said to have no further comment at this stage but the deal is thought to have resulted in a profit of nearly US$50m as the ships were reportedly originally ordered for US$71.5m. The four VLCCs are for delivery between September this year and April next year. The price is thought to reflect the early availability of the vessels which will double the size of the Saudi company's VLCC fleet.
ASRY stays the pace in Q2 BAHRAIN'S Arab Ship Repair Yard has seen a busy second quarter with 25 ships visiting its facilities. Tankers accounted for 10 of those drydocked, ranging from the 308,041 dwt Olympic Loyalty down to sub-handysize coastal vessels. Three other VLCCs visited the yard. Chemical tanker work was up, with the yard's established specialised services for such ships keeping it up with the top end of what is a tight market. As usual, Middle East Gulf clients provided the bulk of the work, along with regular customers from Norway and Greece including Bergesen and Odfjell, with owners from other countries around the world making up the numbers
Imtech wins $35m order Imtech, the technology arm of Internatio-Mueller NV has won a $35m order from UK shipbuilder Swan Hunter. Imtech will provide the technical systems onboard two amphibious transport ships for the British Ministry of Defense. Negotiations are underway for two similar vessels, Internatio said. The design is partly based on a Dutch navy transport vessel. The first of the four vessels is scheduled for completion at the end of 2003 with a second will follow in 2004.
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DAILY SHIPPING NEWSLETTER
Clyde’s most famous yard to disappear FOR Sam Gilmore, the former Govan shop steward and veteran of the Upper Clyde Shipyards work-in of the 1970s, the John Brown yard was the most perfect spot in the world to build ships. Into the history books: The luxury liner QE2 slips with ease into the Clyde “It was ideal,“ he said last night, after hearing the Clydebank landmark was finally to be sold for housing and offices. “When you launched the ships, all you had to
worry about was hitting Rothesay.“
The yard’s current owners, the Paris-based Bouygues Offshore-UiE, said yesterday that a drop in demand was forcing it to rationalise its holdings on Clydebank after they had lain empty for two years. The birthplace of the Queen Mary, Queen Elizabeth and QEII, is now expected to become waterfront flats, offices and business parks. Two weeks ago the site was among 450 acres of waterfront earmarked for redevelopment in a multimillion pound plan to revitalise Clydebank. Spearheaded by Scottish Enterprise Dunbartonshire, the project plans to create 6,000 jobs, 2,000 houses, and 200,000 sq metres of business and industrial space over the next 10 to 15 years. From 1870 until the start of the First World War, Glasgow and the Clydeside produced around a fifth of the world's ships. John Brown’s built more than 400 of them between 1899 and 1972, including the three great liners which became bywords for luxury in their times. Mr Gilmore, 61, said: “It’s a real bit of history being lost – it brings a lump to the throat. Brian Divers, the managing director of Bouygues Offshore-UiE, said the state of the market did not justify keeping the yard open. “It is sad to see the end of an era, but in a changing world we believe there can be a wonderful future for the site.” He added he was confident there would be a lot of interest in the 62-acre site which has two quays, around 30,000 sq metres of fabrication works, used most recently for oil rig work, 66,000 sq metres of open storage and a wide range of transport links. The site is to be renamed Queen’s Wharf in honour of the liners built there. An adjacent 16 acres owned by Kvaerner is also for sale.
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DAILY SHIPPING NEWSLETTER Ian Carruth, of marketing agents Jones Lang LaSalle, said Scottish Enterprise Dunbartonshire’s masterplan for the area recognised it as a “unique opportunity” for waterfront development. “I am confident there will be considerable interest from developers and occupiers keen to participate in the unique riverside development to create a business village in the heart of Clydebank.” Tony Worthington, the Labour MP for Clydebank and Milngavie, said the redevelopment of the site was expected to bring a fresh wave of jobs and investment to the area. He said: “It is also an opportunity to put the heart back into Clydebank and build a new centre that links it with the Clyde.” Brothers James and George Thomson set up the Clyde Bank Iron Shipyard when they were forced out of the previous yard in Govan by port developments. The yard was renamed John Brown’s when it was bought by a Sheffield-based steel product manufacturer. A spokesman for SE Dunbartonshire said the news was a disappointment. “We would have liked to see the continued production of ships and oil rigs there, but if that is not possible this will at least open up a valuable piece of real estate and reconnect Clydebank to the river.“ A spokesman for the port authority Clydeport plc confirmed the group had been in discussions over both parts of the former John Brown site.
Kværner in no rush to sell yards KVÆRNER is in no hurry to sell its remaining non-core businesses, including shipyards in Finland, Germany and the US, chairman Harald Arnkvaern said today. The engineering and construction group is rearranging the yards into a single entity within the Kværner group. “They may well be for sale, but in the meantime, they should be operated well,” Arnkvaern told the Dagens Naeringsliv business daily. Arnkvaern took the chair at Kværner in May after the acting management, headed by CEO Kjell Almskog, persuaded shareholders not to accept a board proposed by Kjell Inge Rökke, a Kværner shareholder and chairman of Aker Maritime. Rökke had proposed merging the two companies’ oil and gas activities. Kværner has not rejected a possible merger of the group’s remaining shipyards with those of Aker RGI, parent company of Aker Maritime, but had also previously indicated that the yards could be sold or floated.
ROUTE, PORTS & SERVICES ADCL suffers extra seven-fold blow ABU Dhabi Container Lines has been hit with an additional blow to its problem-plagued fast container service using ten ex-Norasia ships - one of which was sold at auction in Hong Kong last week after being arrested. Seven of its vessels, some only just released from Italian ports, have been arrested in Gibraltar by the admiralty marshal over debts. The ships, ADCL Shereen, Sultana, Sabrina, Savannah, Samantha, Selina and Salwa are part of the 1,388 teu fast class which all began to be troubled by propeller problems during the past few weeks. An eighth vessel, the ADCL Shamsha, is being held in
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DAILY SHIPPING NEWSLETTER Singapore. Delays caused by these problems led to the ships, operated by ADX Services, set up by exNorasia directors, running up debts which the owners have had difficulty covering while trying to restore their service. ADCL is reported to be seeking damages from the propeller manufacturer, although such a claim is likely to be hotly contested.
Uniglory calls at Bintulu INTRA-Asia container carrier Uniglory, part of the Taiwan-based Evergreen Group, is to make direct calls at the Bintulu International Container Terminal in Sarawak, East Malaysia. Three 1,100 teu vessels will operate the service which will include weekly calls at Bintulu every Tuesday and also serve Manila, Kaohsiung, Taichung, Keelung and Hong Kong. Uniglory will also be accepting cargo destined for Japan and China via Taichung on this service. Uniglory has also linked with feeder operators in East Malaysia to provide intra East Malaysia feeder services, making Bintulu a transhipment hub for all import cargo into East Malaysia and all eastbound export cargo from East Malaysia. This means that all import/export cargo to/from Kuching, Sibu, Miri, Kota Kinabalu, Sandakan, Tawau, Muara and Labuan can now be transhipped over Bintulu.
Two more tankers delivered to GenMar General Maritime Corporation has taken delivery of the Genmar Champion and the Genmar Leonidas, bringing the total number of tankers it has taken delivery of to seven. The Genmar Champion, which was delivered on 2 July, is a double-hull 1992 built Aframax tanker that will begin trading in the spot market immediately. The Genmar Champion is a sister ship to three other tankers currently owned by the company. The Genmar Leonidas, which was delivered on 31 July, is a double-sided 1991 built Aframax tanker that will also begin trading in the spot market immediately. The Genmar Leonidas is the sister ship to the Genmar Nestor, which is currently owned by the company.
Hanjin introduces Australia-China service Hanjin Shipping has strengthened its service through the introduction of a new service between Australia and China, under the name of ACX (Australia-China Express). The arrival of the 1,200 TEU vessel Cai Yun He (VVD 019S) in the port of Shanghai on 30 July launched the service. Hanjin will provide the service through space chartering from COSCO of China, which operates 5 vessels of the 1,200 TEU class. ACX is a fixed day, weekly service, calling at three Chinese and three Australian ports respectively. ACX’s port rotation is as follows: Shanghai (Mon/Tues) – Huangpu (Th/Fri) - Hong Kong (Sat) – Sydney (Tue/Th) - Melbourne (Fri/Sat) – Brisbane (Tue/Wed) - Hong Kong (Fri/Sat).
NAVY NEWS Marine en Luchtmacht present in Katwijk
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DAILY SHIPPING NEWSLETTER Vrijdag 3 en zaterdag 4 augustus organiseert de Katwijkse Reddingsbrigade weer haar groots opgezette jaarlijkse open dagen. Reddingsboten van de Katwijkse brigade, parachutisten van het Korps Mariniers, een Lockheed P-3C Orion maritiem-patrouille vliegtuig en een Search-and-Rescue helikopter van de Koninklijke Marine alsmede een AB-412 reddingshelikopter van de Koninklijke Luchtmacht, de ANWB-trauma helikopter en vele andere instanties, zoals de brandweer en ambulancedienst, zullen demonstraties verzorgen. Op de boulevard, op het strand, in zee en in de lucht is er vanaf 's morgens tien uur van alles te zien en te beleven. Vrijdag wordt om 22.30 uur besloten met vuurwerk boven zee. Op de boulevard zijn kraampjes en een expositietent waar de deelnemers informatie aan het publiek verstrekken. Zaterdag staat er een crashtender van het vliegveld Valkenburg op de boulevard die tussen tien en één uur demonstraties verzorgt. Om tien uur komt de Lynx-helikopter voor een parachutistendropping en vliegt een Orion maritiem patrouille vliegtuig een paar maal laag over. Vanaf half twaalf worden de Lynx- en de AB412 Agusta Bell-helikopter op de boulevard ´geparkeerd´. Om 14.30 en 15.45 vindt nogmaals een dropping van parachutisten plaats. De Katwijkse Reddingsbrigade verzorgt de gehele dag door verschillende zoek- en reddingsdemonstraties op zee. Het einde van de manifestatie is zaterdag om 16.00 uur.
Italy begins work on second carrier On 17 July Fincantieri's Riva Trigoso shipyard began cutting metal for the Nuova Unità Maggiore (NUM), the aircraft carrier that is scheduled for delivery to the Italian Navy in 2007. Chief of Naval Staff Adm Marcello De Donno announced that the new carrier will be named Andrea Doria. Also present at the ceremony was Defence Minister Antonio Martino and Chief of Defence Staff Lt Gen Rolando Mosca Moschini. Fincantieri Chief Executive Officer Pier Francesco Guarguaglini stressed the importance of further consolidation of the naval and commercial shipbuilding sectors to allow the company to better manage fluctuations in the two markets. With a displacement of about 22,500 tons and a length of 235m the NUM will be about twice the size of the Giuseppe Garibaldi carrier. It will accommodate around 1,290 personnel including a maximum of
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DAILY SHIPPING NEWSLETTER 450 amphibious troops. The ship should be commissioned in 2007 and become fully operational one year later.
F-100 keeps its course The Spanish Navy's new F-100 frigates will be the first of a new generation of air defence escorts to enter service with Europe's major navies over the next decade. Richard Scott explores the complex evolution of the programme and examines its current status. The launch of the first F-100 frigate - Alvaro de Bazán - on 27 October last year marked a major milestone in the Spanish Navy's programme to introduce a new class of four air defence frigates equipped with the US Navy's (USN's) Aegis combat suite. It also again turned the spotlight on the long and convoluted history that is today leading western Europe's major navies to follow disparate procurement paths for their future anti-air warfare (AAW) surface combatants, all of which have their origins in the demise of the eight-nation NFR-90 frigate programme. Following the collapse of the NFR-90 programme in early 1990, two separate - and very different multinational AAW escort initiatives initially emerged from its ashes: the UK/French/Italian Common New Generation Frigate (CNGF) programme, which sought to produce an essentially common AAW frigate (Project Horizon) for the three partner nations' navies and centred around the trinational Principal Anti-Air Missile System (PAAMS); and the Trilateral Frigate Co-operation (TFC) between the Netherlands, Germany and Spain, a looser exercise in synergistic 'commonalisation' that sought to harmonise ship design aspects, identify common components, facilitate joint procurements and amortise development costs. The trinational Project Horizon programme foundered in April 1999 when the UK withdrew to pursue the national Type 45 programme. France and Italy have subsequently re-cast Horizon as a bilateral collaboration, each confirming an order for two ships last October. Trinational collaboration on the development and production of PAAMS continues. The focus for TFC has now been largely reoriented towards the development of a core AAW System (AAWS) architecture for the Royal Netherlands Navy's (RNLN's) LCF air defence and command frigate, and the German Navy's new F 124 air defence frigate. Canada is now also involved in the development of certain key sensors within the AAWS suite, but Spain withdrew from the TFC AAWS development in June 1995, preferring instead to pursue a combat system solution based on an adaptation of the USN's Aegis weapon system for its new F-100 frigate. This marked the first sale of Aegis technology to a European navy. The relationship established by what was Empresa Nacional Bazan - now Izar - and Aegis prime contractor Lockheed Martin Naval Electronic & Surveillance Systems (NE&SS)-Surface Systems has subsequently developed into an international business partnership to export frigate-sized Aegisequipped surface combatants. This is evidenced by the capture last year of a NKr14 billion (US$1.5bn) contract to build five new Fridtjof Nansen-class frigates for the Royal Norwegian Navy, and the establishment (with General Dynamics' Bath Iron Works) of the Advanced Frigate Consortium (AFCON)
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DAILY SHIPPING NEWSLETTER to pursue international frigate export opportunities.
….AT LAST BUT NOT LEAST ….. Sale & Purchase PRICES in the dry sector are said by brokers to be softening but the tanker market is continuing to be buoyant. Among dry bulker sales was the 1981, 131,987 dwt Jasmin, reported sold to Chinese interests for US$4.5m. Meanwhile the 1996-built, 72,171 dwt duo Far Eastern Progress and Far Eastern Auspice were reported sold for US$17m each with a 10-year bareboat charter back deal at US$6,400 a day. The 1982-built, 36,422 dwt Sincere Olympus was reported sold for US$3,500. In the tanker sector Greece-based World Tankers is reported to have bought the 1989-built, 255,028 dwt single hull VLCC Maersk Nautilus for US$28.1m. Meanwhile several tanker newbuildings/recent deliveries have changed hands. Latvian buyers have taken the 2001-built, 68,467 dwt Inca, Maya and Aztec for a reported US$42m each. Laliotis is reported to have bought four 37,000 dwt products carrier newbuildings for US$110 en bloc from Geden Line. While most reported sales to the Indian subcontinent have been at reasonably firm levels demolition sales to China are realising less than US$150 per ldt. EA Gibson reports a general mood in the market that prices will fall further.
HAVE A LOOK AT THE FOLLOWING SITE FOR SHIPPING INFO AND PICTURES OF SHIPS AROUND HOEK VAN HOLLAND AT : http://home.soneraplaza.nl/qn/prive/j.vander.klooster/index.html
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