Ship Owners Active in Both the Newbuilding and S&P Markets
With rates steadily on a high, in both the container and dry bulk market, it seems that owners are rather active to “fish out” the best deals available in both the newbuilding and S&P markets. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “the major news this month is CSSC Group announcement at the very end of the month, the signing of 22 Vessels with CMA CGM. These consist of six 13,000 TEU D/F at Hudong Zhonghua, six 15,000 TEU D/F at Jiangnan SY and ten gearless 5,500 TEU at Beihai Shipyard all for delivery from the end of 2023 and into 2024. Sea consortium have continued their recent ordering trend, this time signing four, option four 7,000 TEU Vessels at SWS for delivery from second half 2023 and again into 2024. Dae Sun Shipbuilding took orders for four firm plus up to four option 33,000dwt stainless tankers from Ace Tankers with delivery from 2Q 2023. In the Gas carrier market, Hyundai
Ship sinks in Japan: EAM says search operations continue for 10 missing Indians, Indian Navy P81 joins
Ship sinks in Japan: EAM says search operations continue for 10 missing Indians, Indian Navy P81 joins
External Affairs Minister Sushma Swaraj On Monday Informed About The Rescue Operations Of Missing Crew Members Of Ship Emerald Star Which Sank In Japan. There Were 26 Indians On Board The Ship. So Far, 16 Have Been Rescued And 10 Are Still Missing.
News Nation Bureau | Edited By : Ashish Ranjan | Updated on: 17 Oct 2017, 08:04:05 AM
New Delhi:
External Affairs Minister Sushma Swaraj on Monday informed about the rescue operations of missing crew members of ship Emerald Star which sank in Japan. There were 26 Indians on board the ship. So far, 16 have been rescued and 10 are still missing.
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Business owners across the region have the chance to attend a free educational workshop, providing information to better equip their business.
Bentleys Accounting and the Central Highlands Development Corporation have joined forces with Australian software companies WorkGuru.io and Tanda to host the free educational event for local business owners at Emerald.
WorkGuru co-founder Michael Davis grew up in Emerald and said it was great to return to his roots to assist other Queensland businesses.
“I never thought I’d be coming back to Emerald with my own software company, but it’s fantastic,” he said.
Fewer Deals Were Concluded Last Week in the S&P Market
A slight reduction was clear in the S&P market this past week, as Easter Holidays and Spring Break festivities were in full motion. In its latest weekly report, shipbroker Allied Shipbroking said that “on the dry bulk side, the overall activity momentum shifted slightly as of the past week, given the relatively limited number of transactions that came to light. A fairly different picture compared to the volume noted throughout 1Q2021, though relatively explained by the Spring break disruptions that are taking place. Though in part we are also seeing many sellers step back and as such hold back transactions, in their effort to hopefully get better prices down the line. Notwithstanding this given the general good sentiment and recent buying appetite levels, we can expect things to quickly ramp up. On the tankers side, another good week in terms of activity noted. Despite the prolonged uninspiring freight rate levels, we are curr