During an economic slowdown, China continues to develop its port infrastructure in preparation to sustain current and new trade activity for the economic recovery.

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• Effective strategies for maximizing the performance and growth in China Ports

    During an economic slowdown, China continues to develop its port infrastructure in preparation to sustain current and new trade activity for the economic recovery. Read at Efficiency strategies to maximize performance and growth in China Ports

• China Port Expansion and Efficiency Conference: Top speakers confirmed

    China Port Expansion and Efficiency Congress organized by Noppen (Shanghai) Co., Ltd and sponsored by the Port of Corpus Christi, Dow Corning, DNV, and Trelleborg is taking place 24-25 September in Tianjin, China. Read at China Port Expansion and Efficiency Congress: Top-level speakers confirmed

• Have to wait for the economic recovery, warns President NYK

    Japanese shipping group NYK has warned that due to an excess of long-term assets and widespread overcapacity, the shipping industry is still volatile and for the immediate future, “a full-fledged economic recovery must wait.” NYK President Yasumi Kudo revealed in… Read at Economic recovery ‘must wait’, warns NYK President

• Efficiency of multi-trailer systems for ship-stack container transport

    A multi-trailer system (MTS) allows transportation of a larger number of containers as opposed to the traditional single trailer systems. Therefore terminal and port operators consider the MTS as one of the options for increasing efficiency. Read at Efficiency of multi-trailer systems for ship to stacks container transportation

• INTERTANKO implemented GHG reduction plan

    INTERTANKO has compiled a new Guide for a Tanker Energy Efficiency Management Plan (TEEMP) in the drive to enhance energy efficiency and reduce greenhouse gas emissions through optimal operational measures for tanker owners. In line with the IMO process to… Read at INTERTANKO implements GHG reduction plan

• Investment in the future: tackling the economic slowdown

    The economic slowdown has undoubtedly offered a big challenge to the shipping industry, but those who have the foresight to plan ahead will be better prepared for when the industry does make a recovery. Read at Investing in the future: tackling the economic slowdown

• IADC Dredging Seminar for Singapore

    More than ever in this time of financial down-turn, the need for dredging and land reclamation are being viewed as basic elements for stimulating economic recovery and sustainable growth. Read at IADC dredging seminar set for Singapore

• Rising oil prices would hurt economic recovery: IEA

    Oil prices would threaten a rebound in the global economy if they rise beyond current levels, the chief economist of the International Energy Agency said on Monday. “We would like to see oil prices not to go higher than these levels as it is a certain risk to economic recovery,”

• BP world begins journey to global oil production increase

    BP will begin 42 new global oil production projects over the next five years as oil fields decline, the company said this week.

• Waterway efficiency at the click of a mouse, how AIS technology will benefit Marine Operations

    The 2005 Coast Guard mandate for commercial vessels to continuously transmit Automated Identification System (AIS) signals along US inland waterways and ports had been largely an issue of improving marine vessel information availability and dissemination of the information. Two years later, the regulation has produced a significant â?? albeit unintentional

• Songa Provides Update October Fleet

     Songa Venus has achieved operating efficiency of 93% during the month. The rig was shut down for a limited period during month carrying out planned maintenance between wells and is currently operating for ADA Consortium and Stuart/PTTEP Australia offshore North West Australia.

• Oil price above $ 70-80 a risk for recovery – IEA

    Oil prices above $70-80 a barrel could be risky for global economic recovery, the chief economist of the International Energy Agency said. Birol told Reuters in an interview that current oil price levels were good for investment. Oil prices have more than doubled from the lows near $30 a barrel

• LA Harbor Commission approved $ 25.7 million economic aid program to the port aid customers

    A six Percent temporary rent reduction and an empty container discount are among measures approved to assist business partners during economic downturn. Read at L.A.

• INTERTANKO guide to reducing emissions

     (marinelink)  INTERTANKO is publishing this week its new Guide for a Tanker Energy Efficiency Management Plan (TEEMP). This moves forward in practical terms the IMO process to reduce actual GHG emissions from shipping by assisting operators to implement a Ship Energy Efficiency Management Plan as recommended by IMO Circular MEPC.1/Circ.683. 

• More for less – good supply of industrialization

    “Systematic efforts on drilling and well activities have given Statoil more than 30 extra wells on the Norwegian continental shelf in recent years, and our efforts are continuing,” says Geir Slora, senior vice president for drilling and wells. On the Norwegian continental shelf new wells and drilling activities are key