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MOST READ TODAY
Hoegh Osaka discharge begins, most ro-ro cargo 'undamaged' as lashings held- 347
Giant container ship "Umm Salal" aground on Scheldt river- 146
Lion Shipbrokers Market Report WEEK 4 – 30 JANUARY 2015- 144
Mega ships to crowd Evergreen in fleet renewal programme- 120
CMA CGM ups UAE to Zanzibar rate US$250 from February 10- 101
BG appoints GAC as hub, ship agency services provider, globally- 91
China looks on as new leftist Greek PM scuppers Cosco Piraeus port plan- 86
China Cosco Holdings to declare 50pc profit hike to US$56 million- 46
NYK profit spoiled by anti-trust ruling, but revenues rise 14.4pc- 40
'K' Line profit up 110pc to US$273.8 million as sales rise 10pc- 34
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Focus TOP RATED MOST READ

Giant container ship "Umm Salal" aground on Scheldt river In the morning of Jan 31, 2015, the "Umm Salal", coming from the Antwerp Gateway Terminal, ran aground on the river Scheldt near Lillo.
Sunday, 01.Feb.2015, 10:40
Lion Shipbrokers Market Report WEEK 4 – 30 JANUARY 2015 Lion Shipbrokers Market Report:  WEEK 04 – 30  JANUARY 2015. Second hand sales and demolition report. 
Saturday, 31.Jan.2015, 00:23
BG appoints GAC as hub, ship agency services provider, globally GAC has been chosen as the sole provider of hub agency services for the worldwide LNG fleet of the BG Group. The five-year contract that started on January 1 also covers crude oil and LPG shipments to accommodate the group's expanding cargo range.
Saturday, 31.Jan.2015, 00:21

CMA CGM ups UAE to Zanzibar rate US$250 from February 10 FRENCH shipping giant, Marseilles-based CMA CGM, in the latest of industry-wide rate increases and port fees will increase its rate on services from the Persian Gulf to East Africa.
Saturday, 31.Jan.2015, 00:20
Mega ships to crowd Evergreen in fleet renewal programme JAPAN's Imabari Shipbuilding has secured an order for eleven 20,000 TEUers from its affiliate Shoei Kisen and plans to invest JPY40 billion (US$340 million) in a new dry dock to do that job and build a slew of 18,000-TEUers for Evergreen.
Saturday, 31.Jan.2015, 00:16
Hoegh Osaka discharge begins, most ro-ro cargo 'undamaged' as lashings held HOEGH Autoliners is believed to found most ro-ro cargo undamaged by the accident in which its 51,000-dwt Hoegh Osaka was run aground after listing 50 degrees three weeks ago after leaving Southampton, reports Lloyd's Loading List.
Saturday, 31.Jan.2015, 00:14

China Cosco Holdings to declare 50pc profit hike to US$56 million CHINA Cosco Holdings expects a 50 per cent year-on-year net profit increase to US$56 million in 2014, the company said in a filing to the Hong Kong stock exchange.
Saturday, 31.Jan.2015, 00:11
China looks on as new leftist Greek PM scuppers Cosco Piraeus port plan CHINA looks on as the new leftist Greek government scuppers the privatisation deal worked out with Hong Kong's Cosco Pacific by the previous government for the next phase of the Port of Piraeus near Athens.
Saturday, 31.Jan.2015, 00:09
'K' Line profit up 110pc to US$273.8 million as sales rise 10pc JAPAN's No 3 container shipping company, "K" Line, posted a 110 per cent year-on-year increase in net profit in the nine months ending December 31, to total US$273.8 million, drawn from revenues of 8.4 billion, which increased 10 per cent.
Saturday, 31.Jan.2015, 00:08

NYK profit spoiled by anti-trust ruling, but revenues rise 14.4pc JAPAN's No 2 container shipping line, NYK, posted a 0.3 per cent year-on-year net profit increase, somewhat spoiled by an antitrust fine in the nine months ending December 31, to total US$268 million, a sum were drawn from revenues of $16.8 billion, which rose 14.4 per cent.
Saturday, 31.Jan.2015, 00:06
Dockers again walk out in Portland after a half-day slo-mo shift MANILA's International Container Terminals Services Inc (ICTSI), which runs Portland, Oregon's sole container port, said dockers have hit out a second time with another wildcat strike.
Thursday, 29.Jan.2015, 19:15
International Congress of Maritime Arbitrators move meeting to Hong Kong ORGANISERS of the 19th International Congress of Maritime Arbitrators (ICMA XIX) have announced a change of venue from Shanghai to Hong Kong.
Thursday, 29.Jan.2015, 19:11

Shipping giant NYK looks to schools to provide seafarers from Japan WITH the demand for seafarers around the world rising, Japanese transportation group NYK has commenced the NYK Mirai Project to encourage greater awareness of maritime affairs and the seafaring life among students at elementary, junior high, and maritime schools in Japan. 
Thursday, 29.Jan.2015, 19:09
Japanese December exports up 12.9pc, signalling recovery from recession JAPAN's recession-struck economy enjoyed an export recovery in December on the back of a weak yen and renewed US demand even as doubts persist about the strength of global consumption, reports Reuters.
Thursday, 29.Jan.2015, 19:07
18,980-TEU CSCL Indian Ocean sets for to service Asia-Europe trade THE new 18,980-TEU CSCL India Ocean is to join the Asia-north Europe service offered in partnership with CMA CGM and UASC in the Ocean Three alliance, named respectively FAL 8 by CSCL, AEX 1 and AEC 1.
Thursday, 29.Jan.2015, 19:03

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
"Perth 1" suffered Engine failure in Dardanelles
Saturday, 24.Jan.2015, 14:10
On Jan 23, 2015 at 9:20 p.m. the 190-meters long, Maltese flag "Perth 1" laden with 53.148 M/T of Corn, suffered an engine failure during the North-south Transit of the Dardanelles at Kanarya Burnu area. 
Bad weather warning for the Turkish Straits
Guided missile destroyer USS Ross passed through Bosphorus
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
   
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
Maersk Line to add Adelaide to Asia-Australian service from April
Thursday, 29.Jan.2015, 18:59
MIGHTY Maersk Line is to add a direct southbound call at Adelaide to the southeast Asia-Australia-Northeast Asia segment of the Asia-Australia service in April.
Mega shipping alliances bring better A-E service, lower rates, says Drewry
ILWU shuts Portland's container port when terminal boss fires dockers
CMA CGM sets demurrage-detention fees for Antwerp, Zeebrugge March 1
"Bulk Brasil" detained due to breaches of Labor Convention
"UK Seafarers Unprotected from Unfair Competition"
   
SHIPPING NEWS
Major oil traders charter tankers to store oil awaiting better prices
Tuesday, 13.Jan.2015, 20:37
GLOBAL oil traders have started to charter supertankers to store crude at sea, to await better markets as they did in the 2009 the last period of steeply falling prices.
Littoral combat ship USS Fort Worth in Singapore for long stay
Tanker markets see storage boom from oil price collapse
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
   
SHIPBUILDING
Samsung Shipbuilding's profit sinks
Thursday, 29.Jan.2015, 13:49
The Korean shipbuilder said net profit to 31 December was KRW 147.3bn ($134.37m), against KRW 632.2bn in 2013.
4 Died in Shipyard Accident at Busan
Partnering with DSME, Oman Drydock enters newbuilding world
Fincantieri Starts Building Seven Seas Explorerzoom
Damen declared ‘Best Overall Builder of the Year’ by Work Boat World magazine
CSSC delivers two of the largest China-built VLGCs to Frontline
ACCIDENTS
Cargo ship “La Floreana” ran aground in the Galapagos Islands
Thursday, 29.Jan.2015, 08:49
The cargo ship ‘La Floreana’ ran aground early today in front of Puerto Ayora, in the Bahía Naufragio locality, at Galapagos Islands, said the Armed Forces through their twitter account.
Panamax bulker "Fu May" grounded off Santos
Cruise ship Boudicca hit by fire, passengers safe
Body of Turkish sailor recovered in Italy
US military cargo vessel "USNS Sgt. Matej Kocak" aground off Okinawa
Hoegh Osaka safely towed to Southampton
   
MARKETS
Maersk to up Asia-Europe rates US$400/TEU February 1
Wednesday, 28.Jan.2015, 22:14
MAERSK Line, the world's biggest container shipping company will levy a US$400 per TEU rate increase from ports in Asia to northern Europe from February 1.
Greek shipowners start the year with multi-billion dollar splurge
World Bank economists expect slower growth in global trade in the next 10 years
Asia-Europe off 44pc to US$975/TEU, transpac off 6.6pc to $1,930/FEU
A-E rate falls to US$1,230/TEU, transpac up 39.5pc to $2,407/FEU
Shippers warn that US freight rates in all modes will rise in 2015
   
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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