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Ocean Freight Carriers Ordering New Vessels
Ocean freight carriers have been preparing to ship freight in containers in increasing numbers of late as reports indicate that a few firms have decided it's time to invest in the future of the company with the purchase of new ocean freight carriers to help the company deal with increasing demand for ocean freight shipping services in the years ahead in the century of the environment.

This news arrives after a containership building drought in 2009 due to a decline in the demand for ocean freight to be shipped to destination and vessels to fill the demand. In addition to analysts reporting in May 2010 that the size of the world's containership fleet had fallen for 22 consecutive months, the longest ever slump in the world's containership fleet in the history of the ocean freight shipping industry, according to sources.

The latest ocean freight carrier to step forward to put in an order for new containerships that it will need to keep customers freight moving across the oceans to destination in the years ahead is Singapore's NOL Group. Sources indicate that NOL Group has been recently talking with South Korea-based Daewoo Shipbuilding & Marine Engineering about constructing 10 new 8,400-teu containerships for NOL Group that won't arrive until sometime in 2013 or 2014.

This news is definitely a sign that confidence is growing in the worlds' ocean freight carriers that ocean freight volumes are going to stay steady or increase in the years ahead in the century of the environment. Especially with Evergreen recently ending its shipbuilding drought with an order for ten 8,000-teu containerships, which will be delivered sometime between 2012 and 2013, according to sources in the shipbuilding industry.
Posted on 23 Jul 2010 by Momentum
To the Gulf LNG Energy Terminal
Ocean freight carriers full of LNG could be traveling past the Bayou Casotte Ship Channel in the Port of Pascagoula to the planned Gulf LNG Energy Terminal by the end of 2011. Apparently, they have found another investor to help pay for the construction and operation of the Gulf LNG Energy Terminal, which is going to sit next to the Bayou Casotte Ship Channel. US investor GE Financial Services is apparently paying $150 million to add Houston-based investor Crest Group's 30 percent interest in the $1.1 billion Gulf LNG Energy Terminal to its business portfolio.

Sources indicate that Gulf Energy is an arm of El Paso Corp, which will handle the actual construction and operation of the Gulf LNG Energy Terminal. They also indicate that the Gulf LNG Energy Terminal will be at full capacity for the first twenty years of its existence due to service agreements with oil and gas companies that will see ocean freight carriers bring LNG freight to the terminal and that ocean LNG freight carriers will be transporting LNG freight to the Gulf LNG Energy Terminal for Angola's state-owned oil company, Sonangol in the years ahead in the century of the environment.

This investment by a US investor in the Gulf LNG Energy Terminal is good news for America and the ocean shipping industry in general. The Gulf LNG Energy Terminal is going to employ people from around the worldwide freight shipping industry, including Americans, and provide customers with the energy they need to keep business and society moving forward. They still have some work to finish, before the LNG can begin to arrive at the Gulf LNG Energy Terminal, but it appears that this terminal is an idea that in a few months time will be reality.
Posted on 22 Jul 2010 by Momentum

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