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Poll
Will freight markets ever return pre-crisis levels?
Yes, in 2014
Yes, in 2015
Yes, after 2015
No, never!
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MOST READ TODAY
World's biggest container ship CSCL Globe calls at Singapore- 572
Ferry Malaysia Express 1 sank, 171 saved- 434
MSC Containership to Edge Out CSCL Globe as World’s Biggest Boxship- 215
PSA-NYK-IPC consortium to build, operate Jakarta box shop- 166
AAPA urges Obama to send in federal mediators to fix west coast dock talks- 103
Virginia Ports post 8.2pc increase in November volume to record 208,764 TEU- 98
Sarjak Container Lines is named NVOCC of year at Gujarat Star Award 2014- 85
John Butler to replace Chris Koch as CEO of World Shipping Council in July- 74
German warehouse staff extend strike, but Amazon says only minority involved- 54
LA November volume off 3pc as Long Beach rises 2.1pc - empties help both- 42
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Focus TOP RATED MOST READ

MSC Containership to Edge Out CSCL Globe as World’s Biggest Boxship The battle over the title of world’s biggest boxship continues with Mediterranean Shipping Company announcing the upcoming delivery of the MSC Oscar, a 19,224 TEU capacity containership. 
Saturday, 20.Dec.2014, 11:00
Ferry Malaysia Express 1 sank, 171 saved Ferry Malaysia Express 1 which departs from Malaysia sank in the waters of the destination Dumai Rupat, Bangkalis regency, Riau. Ship carrying 171 passengers sank due to a leak in the steering system of the ship. 
Friday, 19.Dec.2014, 22:11
World's biggest container ship CSCL Globe calls at Singapore The world's newly crowned largest ship by container volume made her imposing maiden call on Singapore yesterday - dwarfing nearby vessels.
Friday, 19.Dec.2014, 22:06

Sarjak Container Lines is named NVOCC of year at Gujarat Star Award 2014 IT was time again for the most favourite and popular event of the year - the Gujarat Star Award 2014 (3rd edition) held at Hotel Bhagawati recently.
Friday, 19.Dec.2014, 22:05
John Butler to replace Chris Koch as CEO of World Shipping Council in July THE World Shipping Council (WSC), representing the top 10 container shipping companies, has announced the retirement on July 31 of its president and CEO Chris Koch and his replacement with council vice president and general counsel John Butler. 
Friday, 19.Dec.2014, 22:02
Virginia Ports post 8.2pc increase in November volume to record 208,764 TEU THE Virginia Port Authority, operating the ports of Portsmouth, Newport News and Norfolk, posted an 8.2 per cent year-on-year increase in November container volume to a record 208,764 TEU, reported the Hampton Roads Daily Press.
Friday, 19.Dec.2014, 21:59

German warehouse staff extend strike, but Amazon says only minority involved AMAZON warehouse staff have extended a strike in a long-running dispute over better pay and conditions in Germany while the company vowed to deliver Christmas presents on time
Friday, 19.Dec.2014, 21:57
AAPA urges Obama to send in federal mediators to fix west coast dock talks THE American Association of Port Authorities (AAPA), representing public seaports in the Americas, has urged US President Barack Obama to assign federal mediators to resolve the contract dispute between the International Longshore and Warehouse Union (ILWU) and the Pacific Maritime Association (PMA).
Friday, 19.Dec.2014, 21:55
Cosco Pacific sees strong volume growth in November COSCO group's port operator, Cosco Pacific, posted consistent gains throughout its international container terminal network that dominates Chinese ports.
Friday, 19.Dec.2014, 21:54

LA November volume off 3pc as Long Beach rises 2.1pc - empties help both THE Port of Los Angeles posted a three per cent year-on-year decline in Novcember container volume to 663,346 TEU while neighbouring Long Beach grew 2.1 per cent to 581,514 TEU, its busiest November since 2007.
Friday, 19.Dec.2014, 21:53
PSA-NYK-IPC consortium to build, operate Jakarta box shop FOUR major Asian maritime concerns have agreed to participate in the construction and operation of a new container terminal at Jakarta's Tanjung Priok Port, according to a joint statement from the companies. 
Friday, 19.Dec.2014, 21:47
Ferry collied with bulk carrier in the Strait of Istanbul A passenger-car ferry collided with a bulk carrier in Istanbul Strait last evening injuring one passenger and risking the lives of hundreds of others.
Thursday, 18.Dec.2014, 23:15

Multraship and Damen agree deals for three more ASD Tugs Leading towage and salvage specialist Multraship and Damen Shipyards Group have confirmed an agreement for three new ASD (Azimuth Stern Drive) Tugs, all for delivery in 2015.
Thursday, 18.Dec.2014, 23:08
NYK clinches WICI Japan prize for outstanding corporate report quality THE World Intellectual Capital Initiative (WICI) Japan Prize for Excellence in Integrated Reporting has been awarded to NYK for its 2014 report. 
Thursday, 18.Dec.2014, 23:06
Inchcape Shipping Services names new vice president for African operations INCHCAPE Shipping Services (ISS), a leading maritime, cargo and supply provider, has announced the appointment of Peter Nielsen as vice president for Africa. 
Thursday, 18.Dec.2014, 23:04

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
Guided missile destroyer USS Ross passed through Bosphorus
Tuesday, 04.Nov.2014, 14:18
The Arleigh Burke-class guided-missile destroyer USS Ross (DDG 71) forward deployed to Rota, Spain, passed through the Strait of Istanbul and  entered to  Black Sea today, on Nov. 4 to promote peace and stability in the region. 
SAIPEM 7000 passing through Strait of Istanbul (Bosporus)
USS Mount Whitney passed through the Strait of Istanbul
Turkey's Asyaport welcomes first vessel: MSC London
M/V MAGNUM had engine breakdown in Istanbul Strait
MSC Stella passed "empty" through Turkish Straits
   
COLUMNISTS
Sadness, Falling Leaves and October
Monday, 01.Dec.2014, 06:47
Nowadays, I miss my days of move and production. Those were the days that we used to pursue life running ahead of us.  I miss the days that I soaked in the rain, the feverish life as if unceasingly snatching something away; and I also miss the smell of the sea. 
Energy Wars in the Eastern Mediterranean
New Panama Canal, New Problem
Denmark Going It Alone?
THE DANISH DEBATE; SHIPS AND PILOTS
A Threat To Maritime Security: Piracy Attacks
WORLD SHIPPING
ER Schiffahrt's CEO Klein to hand over the reigns to Nils Aden
Thursday, 18.Dec.2014, 23:00
HAMBURG ship management company ER Schiffahrt has announced that Nils Aden, 41, will take over the position of chief executive officer on February 1, replacing Hermann Klein, 57. 
Hong Kong Shipowners Association sees EU carbon regulation as 'premature'
Maersk finds it hard to make current rate hike round to stick
TSA to introduce US$1,000/FEU rate hike and surcharge January 15
Captain and Chief Officer of boxship Al Safat detained
ExactEarth adds 3 satellites to boost global vessel monitoring
   
SHIPPING NEWS
Tanker markets see storage boom from oil price collapse
Tuesday, 16.Dec.2014, 12:22
The oil price drop will hand tanker markets an unexpected bonus next year, boosting demand for oil storage at sea while distant eastern markets also bargain-hunt fuel and need shipping.
Alba Tanker buys tanker unit of bankrupt OW Bunker to protect assets
124 New Oil Tankers EntersMarket in 2014
Al Qaeda targets oil tankers in Gibraltar
Newport Shipping introduces a new revenue sharing concept to the Handysize sector
China iron ore imports have Baltic Exchange bulker rates soaring 38pc
   
SHIPBUILDING
Beijing adds 9 shipbuilders to list of yards worth saving as it culls capacity
Monday, 15.Dec.2014, 23:16
BEIJING has added nine shipbuilders to a "white list" of yards worth saving as authorities endeavour to trim overcapacity in the field, Reuters reports.
Korean yards escape low oil price impactin Shipbuilding
Bulk carrier "Lord Star" under repair at damen leaked oil
Maaskant Shipyards makes research vessel future proof
CMA CGM takes delivery of third 9,400-TEUer in series of 10 wide-beam ships
Citi: Rates to fall 5-10pc in 2015 as delayed ship deliveries flood market
ACCIDENTS
Cruise ship "Ocean Star Pacific" went aground
Wednesday, 17.Dec.2014, 21:58
Panamanian-flagged Ocean Star Pacific cruise ship ran aground on Friday, December 12 in General Santos City area, off the Philippine island of Mindanao, the Philippine Coast Guard informed.
"Octbreeze Island" collided with "Ghetty Bottiglieri" on Rio Paraná
Tanker "Sapphire" twice in accidents due to rudder failures
Collision kills 13 Egyptian fishermen in Gulf of Suez
"MSC Rachele" ran aground on the Middle Plate
Disabled tanker "M/T Olympiysky Prospect" arrived at Port Le Havre
   
MARKETS
Shippers warn that US freight rates in all modes will rise in 2015
Wednesday, 26.Nov.2014, 23:30
SHIPPERS attending the National Industrial Transportation League's (NITL) annual conference in Fort Lauderdale, have been told to be ready "significant freight rate increases" across all modes of transport.
Maersk group quarterly profit up 25pc, box earnings rise 23pc
Baltic Dry Index slips 1.3pc after rates achieve yearly high point
Seaspan quarterly profit up 7.4pc to US$77.7 million as revenue rises 7.8pc
Asia-north Europe container freight rates fall 1.1pc to US$697/TEU
Platts: Atlantic Supramax Market Plagued by Overcapacity
   
INSIGHT/OPINION
Cheap oil’s economic benefits may be a big myth
Sunday, 07.Dec.2014, 21:32
Cheap oil is awesome, right? Most economists describe it as a sort of tax cut for Americans at the gas pump. Even Larry Fink, a hot-shot Wall Street money manager, declared oil’s decline “spectacular.”
Bigger containerships put greater pressure on the container industry
Drewry fears mega ship slot cost cuts will bring about rate plunge
Oil prices must fall far before ships will abandon slow steaming: Clarksons
Evergreen: Falling oil prices risk higher ship speeds and more oversupply
With oversupply, Cosco chief sees no hope of shipping recovery in two years
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Model Alexandra Fotopoulou holding the 9th issue of seanews magazine at the Posidonia Shipping Fair


 
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