SS&Y Index Falls

Monday, January 29, 2001
Shipbrokers Simpson, Spence and Young's Pacific Capesize Index fell 97 points to 4,549 in the week ending Monday, January 29, 2001. "The Chinese holidays added to weakness in the Pacific, which has exaggerated current direction," SS&Y said. "February last year saw the Index put on 31.5 percent as mills and utilities pre-empted raw material price rises to get the last few cargoes in. "Negotiations are well under way for fiscal 2001 but this time it seems unlikely that the mills will be so keen to bring in stocks as steel production begins to slow in Japan," SS&Y added.
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Bulk Carrier Trends

China Shipyard Delivers Handymax Size Bulk Carrier

COSCO Corporation (Singapore) inform that its Dalian Shipyard in China has delivered a bulk carrier of 57000 dwt, named "GUOTOU 108", to its Asian buyer. The Handymax bulker measures 189.

ISC Expects Faltering Q1 2014 Financial Results

International Shipholding Corporation (ISC) provides preliminary guidance for first quarter 2014 results and announces timing of earnings release and conference call.

St. Lawrence Seaway Notices Update

The Great lakes St. Lawrence Seaway System today issued notices number nine and 10 regarding maximum allowable drafts in the Montreal section in Lake Ontario and

Navy

Least Known Navy Activity? Underwater Shipwreck Archeology

Robert S. Neyland, Ph.D., director of the Underwater Archeology Branch (UAB) of the Naval History and Heritage Command (NHHC) in Washington, D.C., manages the people who protect more than 17,

Fire Aboard US Warship Transiting Atlantic Ocean

U.S. Fleet Forces Command inform that a fire broke out aboard 'USS Hue City' (CG 66) as the ship was transiting the Atlantic.
 Hue City had departed Mayport, Fla.

USCG Cutter Leaked Sewage at Hawaii Base

The U.S. Coast Guard (USCG) said it is investigating a sewage discharge from one of its vessels, the Coast Guard Cutter Morgenthau, at Coast Guard Base Sand Island, Tuesday.

 
 
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