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Will freight markets ever return pre-crisis levels?
Yes, in 2014
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MOST READ TODAY
Turkey's UZMAR names RAstar 3200 tugboat WAMALHANHA on a ceremony- 650
Rudder Failure blamed for Suez Canal collision- 577
Salvage work of "Soutern Explorer" in progress- 483
Tanker "Orapin 2" hijacked and robbed- 396
Tug pilot in the Mississippi River did not know how to operate the vessel- 390
Man died after falling from mast "Carnival Ecstacy"- 337
MOL Comfort was less capable of dealing with lateral loads- 336
Tanker "SCF Yenisei" breached in Arctic waters- 308
Halifax fetes 15 millionth TEU as it awaits benefits of crippling eco-law- 305
Steel-Cutting for Project Yamal LNG Lead Tanker Takes Place in South Korea- 285
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Focus TOP RATED MOST READ

MV KAIRI, DAMEN ASD 2810, leaves for Trinidad The new building contracts with ARC Towage are the result of a special joint venture set-up for the terminal berthing services for a significant energy industry player in Trinidad and Tobago.  
Thursday, 02.Oct.2014, 09:30
Malaysia detains vessels on illegal bunker activities The Malaysian Maritime Enforcement Agency(MMEA) has detained a fishing boat and a cargo ship on suspicions that the two vessels were involved in the illegal sale and transfer of subsidized diesel, Malaysian newspaper Daily Express reports. 
Thursday, 02.Oct.2014, 07:52
Kurdish attempts to sell oil are not going to get support from the Obama administration For two months now, the United Kalavrvta tanker holding 1 million barrels of Kurdish crude has idled in international waters off the coast of Galveston, Texas, awaiting a District Court ruling on whether the oil will be allowed to be sold in the US.
Wednesday, 01.Oct.2014, 17:22

Analysts warn of potential rate war between new alliances In the wake of the 2M partners announcing plans for the 22 strings they plan to operate on east-west routes this winter, industry analysts have warned that the schedules from Maersk Line and Mediterranean Shipping Company (MSC), could lead to a fall in freight rates as competing alliances battle it out in key trades.
Wednesday, 01.Oct.2014, 17:17
EPA offers US$5 million to cut diesel fumes at US ports with air pollution THE US Environmental Protection Agency (EPA) will give US$5 million to retrofit, replace or re-power diesel engines operating at ports in areas with poor air quality, reports American Shipper.
Wednesday, 01.Oct.2014, 17:14
Maritime satellite business Marlink to be sold by Airbus Defence and Space AIRBUS Defence and Space has announced that it plans to sell off its commercial satellite communications interests, including its maritime satcom business and direct sales subsidiary Marlink.
Wednesday, 01.Oct.2014, 17:12

HYUNDAI Merchant Marine sells more shares to Market Vantage HYUNDAI Merchant Marine (HMM) has raised US$57.7 million through the sale of 6.2 million convertible preferred shares to Hong Kong investment company Market Vantage, completing a deal announced in June.
Wednesday, 01.Oct.2014, 17:04
China: JES yard removed from white list China’s Ministry of Industry and Information Technology (MIIT) has announced the official first batch “white list” for the shipbuilding industry.
Wednesday, 01.Oct.2014, 16:59
Nine missing following ship "Lurongyu 2859" sinking Japanese coast guard rescuers were searching Wednesday for nine people believed missing after a 238 ton Chinese ship sank off Japan's western coast.
Wednesday, 01.Oct.2014, 16:56

Tug pilot in the Mississippi River did not know how to operate the vessel A pilot on board the "Megan McB" that sailed through a dam gate before it capsized in the Mississippi River on July 3, 2013, did not know how to operate the vessel, according to a federal investigation report. 
Wednesday, 01.Oct.2014, 16:29
MOL Comfort was less capable of dealing with lateral loads The design of the "MOL Comfort" was less capable of dealing with lateral loads than similar post-panamax container vessels, a ClassNK investigation has found.
Wednesday, 01.Oct.2014, 16:23
Rudder Failure blamed for Suez Canal collision After the "Colombo Express" contacted the boxship "Maersk Tanjong" while overrunning the latter off Port Said on Sep 29 in the Suez Canal, a hydraulic rudder mechanism was blamed for the accident. 
Wednesday, 01.Oct.2014, 11:59

ZIM Ship Targeted by Pro-Palestinian Protesters Again İsraeli-owned containership Zim Shanghai was prevented from unloading this weekend in the Port of Oakland by pro-Palestinian protesters and had to head to the Port of Los Angeles.
Tuesday, 30.Sep.2014, 22:23
Halifax fetes 15 millionth TEU as it awaits benefits of crippling eco-law Halifax recently lifted its 15 millionth TEU, marking a dawn of a new era after January 1 when UN eco regulations make the port more attractive to shippers than it ever was before.
Tuesday, 30.Sep.2014, 22:21
Port of Felixstowe earns full AEO accreditation FULL Authorised Economic Operator (AEO) status has been awarded to the Port of Felixstowe, making it the first port to achieve accreditation nationwide.
Tuesday, 30.Sep.2014, 22:19

INTERVIEW
"Maritime Pilots are modern traditionalists..."
Monday, 25.Aug.2014, 21:31
Capt. Cahit Istikbal has been IMPA Vice President for 3 terms , 12 years in total. Captain Istikbal was nominated for IMPA President for elections at General Assembly which will be held in Panama early this April. We interviewed with Capt. İstikbal on almost everything..
Juan Wong: “Panama Canal Expansion Program will double the capacity”
ARTHUR DE Graauw: "Pilots feel the simulator is not real"
Frank Horch: “Hamburg wants close relationships with İstanbul”
Turkish Shipping Minister Mr. Elvan addressed the sector through SeaNews Magazine
"Dry bulk market is bound for a recovery"
   
TURKISH STRAITS
Turkey's Asyaport welcomes first vessel: MSC London
Tuesday, 19.Aug.2014, 21:34
The 399-m container vessel MSC London passed through the Strait of Canakkale yesterday morning.
M/V MAGNUM had engine breakdown in Istanbul Strait
MSC Stella passed "empty" through Turkish Straits
Second US Navy destroyer heads to Black Sea
Giant platform "Xiang Yun Kou” passed Strait of Istanbul early this morning
2 Russian warships passed through the Dardanelles this afternoon
   
COLUMNISTS
New Panama Canal, New Problem
Thursday, 07.Aug.2014, 21:54
To the relief of much of the world’s trading nations, the Panama Canal expansion looks to be on track for a finish in 2015.  The Panama Canal Authority webpage states the following “The Panama Canal Expansion is the largest project at the Canal since its original construction. T
Denmark Going It Alone?
THE DANISH DEBATE; SHIPS AND PILOTS
A Threat To Maritime Security: Piracy Attacks
What caused Sewol sinking?
The Montreux Convention and the Crimean Crisis
WORLD SHIPPING
Putin threatens Ukraine's exports if it even moves to sign EU trade deal
Tuesday, 30.Sep.2014, 22:16
MOSCOW will cut Ukraine's access to vital Russian markets if Kiev moves to implement a trade agreement with the European Union, President Vladimir Putin has warned.
Singapore's MPA checks health of ships from Ebola ports in last 21 days
Two US Federal Maritime Commissioners want to slow down 2M
Tanker "SCF Yenisei" breached in Arctic waters
MOL Continues to Earn Inclusion in ESG Target Indices Including Dow Jones Sustainability Indices
VSTEP joins Green Award Foundation
   
SHIPPING NEWS
Surging Middle East Oil Refining Increases Tanker Rates
Sunday, 28.Sep.2014, 18:09
The oil-refining wave in the Middle East is filling tankers to export the region’s processed fuels and driving freight rates to the highest for the time of year since 2008.
New rotation of CMA CGM, CSCL, OOCL China-Oz/NZ service unveiled
Lack of demand to keep chemical tanker market depressed: Stolt-Nielsen
Global Tanker Fleet Shying Away from ECDIS
France Halts Delivery of Mistrals to Russia
Rebels Fire on Ukrainian Ship at Sea
   
SHIPBUILDING
Turkey's UZMAR names RAstar 3200 tugboat WAMALHANHA on a ceremony
Tuesday, 30.Sep.2014, 13:41
 WAMALHANHA is the final newbuild in a series of six tugs of the Robert Allan Design, RAstar 3200 where her main duties will be terminal activities, escort duties, ship assist, towage duties. 
9th Damen Cutter Suction dredger added to fleet of Nigerian customer
Steel-Cutting for Project Yamal LNG Lead Tanker Takes Place in South Korea
Hamburg Süd: Christening of the “Cap San Antonio” in Le Havre
Turkey's Sanmar signed contract for 7 vessels with APMSCO
Guoyu wins another box pair
ACCIDENTS
Salvage work of "Soutern Explorer" in progress
Tuesday, 30.Sep.2014, 12:43
On Sep 29, 2014, the "Soutern Explorer" was moored at Singapore Eastern anchorage with the sheerleg "Smit Cyclone" and the tug "Maju 510" alongside, On Sep 12 the bulkcarrier had collided with the bulkcarrier "Best Unity" in the Singapore Straits. 
Man died after falling from mast "Carnival Ecstacy"
"Neckar Highway" collided with "Baltic Breeze" in Zeebrugge
Colombo Express-Maersk Tanjong Collided at Suez Canal
Fire aboard P&O ferry "Pride of Canterbury"
The COSCO Boxship "Wenha" went aground in port of Aguadulce, Panama
   
MARKETS
Box Ships earns Sell from Clarkson Capital analysts after first half net loss
Sunday, 21.Sep.2014, 18:50
NEW YORK-listed Box Ships has earned a Sell rating from analysts at Clarkson Capital after a first half net loss, but an improved second quarter, reports American Banking & Market News.
Maersk hikes transpac headhaul rate US$540/TEU - $600/FEU October 8
Asia-Europe box volumes up 7.3pc in July despite sluggish economies
American GDP up 4.2pc in second quarter after 2.1pc first quarter decline
Chinese Shipping Operators Missing Out on Global Trade Rebound
Atlantic Handysize Dry Market Taking an Upward Curve
   
INSIGHT/OPINION
"Charterers Optimistic Despite Dip In Shipping Confidence"
Tuesday, 23.Sep.2014, 19:17
Overall confidence levels in the shipping industry fell slightly during the three months to August 2014, according to the latest Shipping Confidence Survey from international accountant and shipping adviser Moore Stephens. 
Moore Stephens finds most shipping notables don't like Scottish independence
Sea change in revenue management needed to improve profitability: expert
Maersk CEO no fan of long-term contracts with rates expected to slump
Forecasts optimistic for container markets
Dry Bulk Shipping Earnings Set for Comeback
Events
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Model Alexandra Fotopoulou holding the 9th issue of seanews magazine at the Posidonia Shipping Fair


 
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