NEWSLETTER April 12, 2010

 Offshore drilling: The good and bad of the decision

There is good and bad news in President Obama's decision to open new areas to offshore oil
and natural gas development.
http://www.washingtonpost.com/wp-dyn/content/article/2010/04/02/AR2010040204192.html

 No Chinese aboard ship hijacked by Somalia pirates

The Chinese maritime authority said on Monday that no Chinese was found aboard the ship
hijacked by Somalia pirates on Sunday near Seychelles.
http://news.xinhuanet.com/english2010/china/2010-04/12/c_13247175.htm

 Crews refloat coal ship

Authorities say they have refloated the Chinese coal carrier that ran aground off the coast of
Central Queensland.
http://www.abc.net.au/news/stories/2010/04/12/2870736.htm?section=justin

 India shipping firms seek new anti-pirate strategy

Alarmed by a big jump in pirate attacks, India's shipping industry says it needs a new security
strategy to safeguard vessels in the dangerous waters off Somalia's lawless coast.
http://www.google.com/hostednews/afp/article/ALeqM5jH1t5K7BhyFZURDqpa1vBUmy3PtA

 Evergreen Marine May Order About 100 Container Ships

Evergreen Marine Corp., the only major container line without any vessels on order, will begin
talks next month on buying about 100 ships as world trade rebounds from the global
recession.
http://www.businessweek.com/news/2010-04-12/evergreen-marine-may-order-about-100-
container-ships-update2-.html

 Crews Lift Part of Sunken Korean Ship

Salvage crews on Monday lifted to the surface the section of a sunken South Korean naval
ship believed to contain the bodies of 44 sailors who have been missing since it exploded and
broke apart near the maritime border with North Korea on March 26.
http://online.wsj.com/article/SB10001424052702303828304575179532764665138.html?
mod=WSJ_latestheadlines

 Sh7 billion dredging to open up Mombasa port

The process for dredging Mombasa port channel to accommodate huge vessels has started.
A wider channel will position the port for transshipment which faces a threat from other
emerging African facilities
http://www.nation.co.ke/business/news/Sh7%20billion%20dredging%20to%20open%20up
%20Mombasa%20port/-/1006/896918/-/15gxra4z/-/

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