china

Crude Oil Supply And Tanker Demand Report Available From Drewry

During the 1970s, the influence and importance of expanding oil supplies close to the major oil consuming nations has grown rapidly. Rising output from new p r o d u c i n g areas has increased the availability of shorthaul crude oil supplies,

Peoples' Republic Of China Concentrates On Building Up Bulk Carrier Fleet

Over the past year or so, well over 100 secondhand dry cargo ships have been purchased by the Chinese, either for their domestic fleet, or for operation under "convenience" flags. A surprisingly large number of these—possibly over 30—have been bulk carriers,

Specialties Cornerstone of Canadian Market

The past decade was a tough one for the Canadian shipbuilding market. It was a decade that produced a decline of both employment and decline of newbuilds, many of which were contracted in the late 1980s still awaiting construction. This unfinished

Bergesen Releases 1Q Results

The Bergesen group generated firstquarter operating profit of $25.6 million, substantially down on the $104.3 million recorded last year. These figures include capital gains on the sale of vessels of $ 10.4 million in 2002 and $7.2 million in 2001.

USN Confident Of Raising Sunken Fishing Vessel

The U.S. Navy was confident that it would successfully raise the Japanese fishing vessel sunk off Hawaii in February by one of its nuclear submarines, and was hopeful of recovering some of the bodies of the nine people killed in the accident. Final preparations were being made at press time.

 
 
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