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Poll
What you expect from freight market in 2013?
Better than 2012.
Worse than 2012.
Continue recovering.
Steady up.
Rapid rise.
None
"

 
Focus TOP RATED MOST READ

MOL hit with class action suit The drifting separated sections of the containership MOL Comfort are not the only problem facing Mitsui O.S.K. Lines, Ltd. (MOL) President Koichi Muto.
Thursday, 20.Jun.2013, 01:36
Survey: Commodity Prices Remain Primary Concern for Upstream Uncertainty regarding natural gas and crude oil prices remains the primary concern of upstream U.S. energy companies for the second consecutive year
Thursday, 20.Jun.2013, 01:33
Asian container liner finances under the microscope Drewry Maritime Equity Research initiates coverage on the global container liners’ sector with three major Asian container lines
Thursday, 20.Jun.2013, 01:27

NOCC Enters New Charter Contracts for Two Car Carriers Norwegian Car Carriers ASA has entered into new time charter contracts for the 100% owned car carriers “NOCC Puebla” and “NOCC Coral”.
Thursday, 20.Jun.2013, 01:25
InterManager Calls for Restraint Following Entry into Force of MLC InterManager, the international association of in-house and third party ship managers, is calling on flag States to exercise tolerance and flexibility
Thursday, 20.Jun.2013, 01:22
Alicat Workboats, South Boats IOW Join Forces for Seawork (UK) Alicat Workboats and South Boats IOW will be joining forces for the first time at next week’s Seawork International event in Southampton.
Thursday, 20.Jun.2013, 01:20

Conti Reederei Orders Eight Eco-Bulkers from China German ship-owner Conti Reederei has placed an order for up to eight 63,800dwt eco-bulkers  with Nantong based Jiangsu Hantong Ship Heavy Industry
Thursday, 20.Jun.2013, 01:18
Drewry: Short Term Strength for VLCCs Drewry’s latest Tanker Insight reports that freight rates in most vessel categories remained on the softer side during the month due to weakness in chartering 
Wednesday, 19.Jun.2013, 23:51
Official: Deepwater container port at Karachi to be complete by 2015 PAKISTANI Ports and Shipping Minister Kamran Michael says the Pakistan Deep Water Containers Port in Karachi, will be completed by the end of next year
Wednesday, 19.Jun.2013, 23:49

Nhava Sheva repeats call for tenders to build fourth container terminal INDIA's Port of Jawaharlal Nehru Port (Nhava Sheva) has renewed its request for bidders for a fourth container terminal after the initial September 2012 tender call failed
Wednesday, 19.Jun.2013, 23:46
Drewry: Cascading to Asia-East Coast South America drives rates down PLANS by ocean carriers to get rid of surplus 8,000 TEU vessels by dumping them into the Asia-East Coast South America (ECSA) tradelanes appears to have seriously backfired
Wednesday, 19.Jun.2013, 23:43
HK company proposing to build Nicaragua canal targets ships that new Panama Canal can't handle THE privately-held international infrastructure development firm headquartered in Hong Kong, HKND Group, which is proposing to build a new canal across Nicaragua is targeting operators of large ships
Wednesday, 19.Jun.2013, 23:38

Seaspan gains 4,600-TEUer chartered to MOL, operational fleet now 70 SEASPAN, an independent charter owner and container lessor largely run from Hong Kong, has accepted delivery of a 4,600-TEUer, the MOL Excellence
Wednesday, 19.Jun.2013, 23:34
MOL consider towing of fore and aft parts of container ship MOL Comfort  According to the information from MOL there is several options to save the cargo on board and to tow it back into UAE port Jebel Ali.
Wednesday, 19.Jun.2013, 21:01
Why and how did the MOL Comfort break in half? Why and how did the MOL Comfort break in half? The obvious answer is that no one knows, yet. We will learn more following an investigation, which is many months in the future. 
Wednesday, 19.Jun.2013, 16:57

COLUMNISTS
Coscon makes vow to consumers in 5 specific service improvement areas
Thursday, 06.Jun.2013, 23:34
The carrier also plans to apply similar service standards to America, Europe, the Asia Pacific and other regions of the world in the future.
If you can not be happy with me, You can be happy with no one else...
Climate Change and Shipping
“No” management of safety on Australia’s Great Barrier Reef
Safety of Navigation in Narrow Straits
Safe Pilotage in the future
Soon at SeaNews Turkey
   
WORLD SHIPPING
Shipping magnate Paul Soros, brother of George, dies in New York at 87
Wednesday, 19.Jun.2013, 00:55
SHIPPING titan and philanthropist Paul Soros - the older brother of billionaire financier George Soros - has died in New York City on 15 June after a long illness.
Hapag-Lloyd's Asia-Australia rates to increase US$100/TEU July 1
Evergreen ups Asia-Europe rate US$975/TEU and $1,950/FEU July 1
Maersk, MSC and CMA CGM plan east-west operational alliance for 2014
BIMCO Discuss Ballast Water and Greenhouse Gases issues
Spain and Portugal trade box stats indicate upturn, says Goldman Sachs
International Chamber of Shipping welcomes IMO reprieve on ballast water
Suez Canal May revenues increase 1pc on 33pc more boxes and fee hike
Yang Ming sees stormy weather for shippers
Moore Stephens: "Shipping Confidence Reaches Highest Level"
SHIPPING NEWS
Oil-Tanker Rates Fall Amid Speculation Ship Demand Is Slowing
Tuesday, 18.Jun.2013, 00:28
Charter costs for the biggest tankers hauling Middle East oil to Asia fell amid speculation demand to hire ships slowed. Booking rates for very large crude carriers
Dry Bulk Ship Rates Pass Running Costs for First Time in Months on Demand
Oil Tankers Climb for Second Day Amid Cargo-Supply Speculation
Oil-Tanker Rates Plunge Most Since January on Lack of Cargoes
Iron Ore Ships Gain Most in Month as Fleet Seen Absorbing Demand
Dry-Bulk Shipping Rates Decline as Panamax Fleet Seen Swelling
USA: Orion Tankers Renews Comercial Agreement with ExxonMobil
Drewry: Coal trade saves the Dry Bulk market
Brazilian iron ore exports down by 14pct in April
Rise in global tanker rates fails to boost Indian shipping industry
   
SHIPBUILDING
Costamare orders five 9,000-TEU ships from Hanjin Subic Bay shipyard
Wednesday, 19.Jun.2013, 00:42
THE Hanjin Philippines Shipyard of Subic Bay has received a letter of intent to order five 9,000-TEU ships with an option to purchase five more of the same size
Norway: Gunvor Ulstein Receives Tekna’s Gold Medal
UK: Final Section of Giant Aircraft Carrier Sets Sail
VIDEO: Christening Ceremony of the World’s Largest Ship
Hyundai Heavy Industries eyes US$2 billion UASC 11 mega-vessel deal
Golden Ocean Concludes Newbuilding Contracts
First Triple-E Vessel Christened (South Korea)
STX Pan Ocean faces mounting liquidity crisis, files for receivership
Maersk's first 18,270-TEUer in sea trials, starts on AE10 loop July 14
TOTE’s LNG-Powered Containerships Receives Prestigious Nor-Shipping Award
ACCIDENTS
MOL COMFORT Accident: Patrol boat sent to floating ship parts
Wednesday, 19.Jun.2013, 11:05
The two parts, fore and aft, of the "MOL Comfort" lawere drifting at about 2 knots near 12'57"N 61'10"E (the aft) in an east-northeast direction on June 19.
Fire on board MOL Comfort after ship broke in two
MRCC MUMBAI: Sections of MOL COMFORT still afloat
MOL Comfort Suffers Broken Back, Sinks Off Yemen
Five injured in ship fire, passengers evacuated
Captain and officer charged with manslaughter
Fire Aboard USS Nimitz
Jascon 4 Capsizing Accident: Ten Bodies Recovered, One Missing and One Survivor
Imperial Spirit in collision with Turkish tanker Profit off Galveston
50 knots winds damaged Norwegian Breakaway
   
MARKETS
Carriers to levy rate hikes with only slight capacity cuts: Alphaliner
Wednesday, 19.Jun.2013, 00:51
IN an attempt to exact a general rate increase from July 1, ocean liners plying Far East-Europe trades have responded with only a limited reduction in capacity.
Global GDP expected to expand by 2.2pc this year: World Bank report
While shipping managers are optimistic, downside remains short-term
Shanghai launches forward freight derivatives market to manage risk
Maersk, Hyundai, Hapag Lloyd To Up Rates
China's Logistics Prosperity Index slips 1.6 to 53.2 points in May
MLC 2006 Helps Secure Seafarers Same Rights in Working and Living Conditions
OOCL ups rate US$650/TEU from Far East to Med, Black Sea on July 1
Global manufacturing experiences moderate growth in PMI: JP Morgan
Panamax coal freight rates end week lower as fixture activity sags
TURKISH PRESS REVIEW
Container Handling Technology Turkey
Wednesday, 24.Oct.2012, 11:50
Port Finance International is pleased to present the inaugural Container Handling Technology (CHT) Turkey showcase exhibition and conference. 
Press Roundup
Belated justice andlower courts of appeal
Democraticautonomy: Is this it?
Nostradamus did notexaggerate this much
How will 2011 be?
Press Roundup
A man of conscience
Being treated as human
2011, the yearof elections
   
INSIGHT/OPINION
Moody's report holds negative outlook for shipping over next 18 months
Monday, 17.Jun.2013, 23:19
THE oversupply of vessels will likely continue to outstrip demand in most shipping services and the outlook for the global shipping industry will remain negative over the next 12-18 months
Drewry expects deliberate carrier cutback on service to force up rates
Container Ship Demand to Grow in Line With GDP, Maersk Line Says
Tankers: Overcapacity still plagues the market
Drewry: Ocean rate war could come at a price to shippers
Drewry: Top Three Muscle Out Others
Rate war will result in more slow steaming to consume capacity afloat
Urgent action still required between Asia and North Europe: Drewry
Moody's: Global shipping sector faces risks
New investors needed to help finance ships below 3,000 TEU: Drewry
SHIPBROKER REPORTS
Lion Shipbrokers market Report 07 June 2013
Friday, 07.Jun.2013, 22:45
Summer has started with a quiet week, possibly indicating a turn of the recent positive psychology (to negative?) with the BDI hovering just above 800 points.
Lion Wekly Market report: 31 May 2013
LION SHIPBROKERS MARKET REPORT 17 May 2013
LION SHIPBROKERS MARKET REPORT 28 April 2013
Container rate slumps 21pc in 2012, falls again after February peak
LION SHIPBROKERS MARKET REPORT 29 MARCH 2013
LION SHIPBROKERS MARKET REPORT 11-18 MARCH 2013
Drewry warns of more cancellations, space shortages and volatile rates
Greeks active in newbuilding market
LION SHIPBROKERS MARKET REPORT 08 MARCH 2013
   
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COLUMNISTS

News in Pictures

The 366 metres long container giant MSC BEATRICE passing through the Strait of Çanakkale (Dardanelles). Photo by Ahmet Güven.


 
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