vlcc

• New Delhi, Jan. 10: Merchant navy sailors and relations of Captain Jasprit Chawla and Chief Officer Shyam Chetan, the two convicted Indian shipping officers of vlcc (very large crude carrier) 'Hebei Spirit', staged a demonstration in New Delhi on Saturday seeking justice and their release by contending they were not guilty for the collision of the anchored tanker with a crane barge in Korea. —  dailyindia.com News Feed
• The jailing of the two senior officers of vlcc Hebei Spirit after initially being found innocent has outraged the international shipping industry. —  dailyindia.com News Feed
• It may be recalled that nearly a year after the Chinese registered vlcc 'Hebei Spirit', a huge oil tanker owned by V Ships of Hong Kong collided with a barge crane of Samsung in December —  dailyindia.com News Feed
• It seems South Korea will come under increasing pressure later this month to release the Master and Chief Officer of vlcc 'Hebei Spirit'. —  dailyindia.com News Feed
• Global Shipping Industry Sees Long Duration Economic Recession hillsfar - container ships - this sector has overcapacity but not to the degree of dry bulk. the industry sees a new trend back down to ships in the 8000 teu range. 13000 teu ships only for the trans-pacific and asia / europe routes with a reduction in the amount of ships running these routes due to lower demand. as far a my memory serves, the new capacity coming on line shortly is in this 8000 teu post panamax size. tankers - this sector appears to be in better shape as there has been many vloc to vlcc conversions. additionally others have been converted into floating production storage offloading units, or just scrapped. this sector has relatively much fewer new builds. —  Software Sector and Stocks Analysis from Seeking Alpha

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