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MOST READ TODAY
Turkey to open its largest container port in June- 2214
New cranes double capacity of Pacific National's Sydney terminal- 1472
Nakilat Damen celebrates the delivery of two mooring tugs at Ras Laffan- 312
Rival Red Sea ports in fierce battle for 2M and Ocean3 calls- 289
19,000 TEU ships to be biggest till market skyrockets: Maersk CEO- 228
Maersk seeks orders for 50 or 17 ships of 18,000-TEU, numbers conflict- 202
'K' Line's Long Beach terminal operator orders 4 super quay cranes- 132
FPSO Kuito being dismantled in Aliağa- 130
Vancouver's box volume boosted by US west coast harbour congestion- 117
State funds re-opening of Marseille giant drydock after 15 years- 116
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Focus TOP RATED MOST READ

Nakilat Damen celebrates the delivery of two mooring tugs at Ras Laffan Nakilat Damen Shipyards Qatar (NDSQ) has delivered two new Qatari-built mooring tugs to towage operator Nakilat SvitzerWijsmuller (NSW). 
Thursday, 05.Mar.2015, 20:48
Ocean carriers retain benefits of bunker savings - for now LOWER volumes in the post-Chinese New Year lull in the Far East have caused spot rates on the Asia-north Europe market to dip below US$900 per TEU.
Thursday, 05.Mar.2015, 20:46
PCC Intermodal's Frankfurt terminal adds Rotterdam service ONE of Poland's leading intermodal transport operators, PCC Intermodal, will add a fifth weekly connection to Rotterdam from/to its Frankfurt (Oder) terminal in Germany later this year.
Thursday, 05.Mar.2015, 20:33

Asia-Middle East, South Asia rates fall due to overcapacity CARRIERS serving the Asia to the Middle East and South Asia trades are struggling to maintain load factors to support freight rate increases with spot rates falling, according to Drewry Container Insight.
Thursday, 05.Mar.2015, 20:30
Boxship "Maersk Garonne" freed hours after running aground in Fremantle THE 4,544-TEU Maersk Garonne ran aground in Fremantle harbour in Western Australia after becoming stuck on a sandbank 500 metres off South Mole, said Fremantle Ports.
Thursday, 05.Mar.2015, 20:27
MM Lines quits Indonesia-Western Australia service, citing poor volumes SINGAPORE-based MM (Meratus Mandiri) Line has withdrawn from the South East Asia-Western Australian trade to focus instead resources on Indonesia's trade within the Asian region.
Thursday, 05.Mar.2015, 20:24

Panalpina profit up 740pc in 2014 to US$89.65 million on flat sales SWISS forwarding giant Panalpina has posted a 739 per cent year on year profit increase to CHF86.5 million (US$89.65 million) in 2014, drawn on revenues of CHF6.7 billion, which was down 0.7pc.
Thursday, 05.Mar.2015, 20:21
NYK to offer extra service linking Japan, Thailand and Vietnam JAPAN's No 2 container shipping company, NYK, is expanding its service network linking Japan, Thailand and Vietnam by adding a new "Phoenix 2" service.
Thursday, 05.Mar.2015, 20:17
Evergreen Line to launch two new intra-Asia services EVERGREEN Line is implementing service enhancements for its services to/from Southeast Asia in light of the strong growth potential of the Intra-Asia trades.
Thursday, 05.Mar.2015, 20:16

'K' Line plans to beef up bulk and LNG fleet, remove containerships JAPAN's No 3 container shipping company, "K" Line, will cut its containership fleet from 70 to 61 while increasing the size of its LNG, bulk and car carriers over four years, taking the total fleet to 564 ships.
Thursday, 05.Mar.2015, 20:11
New cranes double capacity of Pacific National's Sydney terminal THE intermodal terminal capacity of Pacific National's Sydney Freight Terminal (SFT) in Chullora is being doubled from 300,000 to 600,000 TEU each year with the installation of two new A$30 million (US$23.5 million) rail mounted gantry cranes supplied by Konecranes.
Wednesday, 04.Mar.2015, 21:54
Panama Canal engages in public consultation on new toll structure THE Panama Canal Authority (ACP) recently held a public hearing on its proposal for a new toll structure announced in January that is expected to come into effect in April next year. 
Wednesday, 04.Mar.2015, 21:51

Greek banks mull selling shipping debt to pay soaring welfare bill FOLLOWING the securing of an extension to its bailout from the EU, Greek banks are considering selling their shipping debt to pay the country's soaring welfare bill as the new socialist government takes on new social obligations Reuters reports.
Wednesday, 04.Mar.2015, 21:15
State funds re-opening of Marseille giant drydock after 15 years THE Marseille-Fos giant Drydock, closed 15 years ago, will be reopen in the autumn after a EUR28 million (US$31.7 million) state-funded renovation to be completed in September, reports London's Tanker Operator.
Wednesday, 04.Mar.2015, 21:10
'K' Line's Long Beach terminal operator orders 4 super quay cranes "K" LINE has announced that it subsidiary, International Transportation Service Inc (ITS), has placed an order for four of the largest gantry cranes with Mitsui Engineering & Shipbuilding to be installed at Long Beach.
Wednesday, 04.Mar.2015, 20:56

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
All about E-navigation
Thursday, 26.Feb.2015, 14:30
Human error is held responsible for more than 80% of all accidents at sea. Despite the increase in availability of more reliable data for decision-making onboard ships, accidents related to human error still occur.  
Sadness, Falling Leaves and October
Energy Wars in the Eastern Mediterranean
New Panama Canal, New Problem
Denmark Going It Alone?
THE DANISH DEBATE; SHIPS AND PILOTS
WORLD SHIPPING
MOL hikes Asia-east coast South America rate US$750/TEU March 18
Wednesday, 04.Mar.2015, 20:53
JAPAN's biggest shipping company, MOL, has announced it will implement a general rate restoration for all types of cargo moving from Asia to the east coast of South America, starting March 18.
Pilot boat assisted reefer in Vestfjord
Famous Pacific Shipping LCL cuts 11 days on Rotterdam-St Petersburg run
OOCL to levy US$500/TEU rate hike on transatlantic from April 1
Maersk seeks orders for 50 or 17 ships of 18,000-TEU, numbers conflict
19,000 TEU ships to be biggest till market skyrockets: Maersk CEO
   
SHIPPING NEWS
Supertankers Speed Up As Crude Oil Prices Fall
Tuesday, 03.Mar.2015, 07:47
One of the stranger pieces of news that came over the wire last week, was the fact that the world’s Ocean going supertankers are sailing at the fastest speeds in 2.2 yrs as a collapse in Crude Oil prices spurs demand for cargoes and drives up daily returns owners can make from deliveries.
Cargotec's Hiab sponsors first world crane championships
Turkish naval ship participates in NATO counter-piracy operation ‘Ocean Shield’
Baltic dry collapsed to historical low
Russian Black Sea fleet's salvage ship takes delivery of new ROV Pantera Plus
Major oil traders charter tankers to store oil awaiting better prices
   
SHIPBUILDING
MOL Orders Six Ultra Large Container Ships
Tuesday, 03.Mar.2015, 07:44
Japanese shipping company Mitsui O.S.K. Lines, Ltd. (MOL) has placed an order for six 20, 000 TEU containerships.
Multraship takes delivery of Damen ASD 2810 Hybrid tug
Japan's ClassNK to probe safety of steel used to build 20,000-TEU ships
Royal Caribbean's Anthem of the Seas floated out
Cosco scraps eight more vessels
Uzmar delivers world's first offshore pushboats
ACCIDENTS
Turkish-Owned cargo ship "Kerem-S" sank
Thursday, 26.Feb.2015, 14:23
In the morning of Feb 24 the abandoned "Kerem S" which had run aground off Patmos 16 miles west of Leros after engine failure on Feb 20, was swept off the rocks and finally sank in ongoing inclement weather with winds of 8 Beaufort.
Turkish-owned KEREM S aground off Levitha
Tanker "King Edward" Blacked -Out in Istanbul Strait
Black-listed "Fort Azov" sank off Sinop at Black Sea, crew safe
Turkish-owned ship Ibrahim Bey grounded off Venezia
Two Polish Warships Collide in Baltic Sea
   
MARKETS
Asia-Europe container rates fall 6.5pc to US$938/TEU
Sunday, 01.Mar.2015, 19:04
SPOT rates from the Shanghai Containerised Freight Index (SCFI) on the Asia to northern Europe route fell 6.5 per cent to US$938 per TEU on Friday
Singapore GDP up 2.9pc on financial services as most other sectors slip
Are low oil prices here to stay?
Cross-Mediterranean Aframax rates sink to near 5-month low on abundant tonnage
Seaspan quarterly profit down 145pc, but revenue up 10.1pc
Intra-Asia rates hit 4-year low as China demand falls in tonnage flood
   
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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