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Newbuilding prices bound to come down as pressure mounts on even the healthiest of shipbuilders
  
Tanker Market OPEC s agreement could alter trade flows as Asian buyers could be forced to buy more Western grades says shipbroker
  
New trade policies could affect tanker shipping in various ways
  
LNG spot fixture rise considerably in 2016 as LNG shipping picks up steam
  
Ship demolition activity hurt by India s and Pakistan s latest woes
  
 
 

Maritime News

China, Taiwan issues storm warning

CHINA alerted Shanghai and four coastal provinces on 24th evening that a tropical storm is expected to intensify and become the season's first typhoon to strike China.

TAIPEI - TAIWAN warns residents in the southern part of the island and nearby ships about dangerous conditions as a tropical storm approaches. 

 As of 24 June evening, Meari was centered 260 miles (420 kilometers) southeast of Taipei.

 It had winds of 83kmh and was moving slowly toward southern China.

                                                                                                                                                 

24 June 2011

 News
  Tanker Market OPEC s agreement could alter trade flows as Asian buyers could be forced to buy more Western grades says shipbroker
  New trade policies could affect tanker shipping in various ways
  LNG spot fixture rise considerably in 2016 as LNG shipping picks up steam
  Ship demolition activity hurt by India s and Pakistan s latest woes
  Newbuilding prices hold firm despite increasing pressure
  Dry Bulk Market Orderbook to fleet ratio drops to lowest level of the past 14 years below 10%
  Oversupply could be looming for the tanker market if scrapping numbers aren t increased
  Tanker freight rates hurt by minimal scrapping activity
  Shipping market s recent rally fuelled by commodities speculators
  Newbuilding orders still far and apart as focus shifts to second hand dry bulk carriers
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