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Saturday, 07.Dec.2013, 15:06 (GMT+3)

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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

Indian ship breakers pause after second-hand vessels increase in value
INDIAN ship scrap yards have slowed down recently because higher prices for older ships made owners less willing to scrap, according to London-based Clarkson Research Services.

Baltic Exchange's sea freight index shows eight straight days of growth
THE main sea freight index of the Baltic Exchange, which gauges the cost of shipping bulk commodities such as iron ore, grain, coal and fertiliser, registered increases for eight consecutive days to December 4.

Turkish Ship 'Burak Bayraktar' in difficulties off Vlieland
Tugs of the Coast Guard, height of the Eierland Athletic Grounds between Texel and Vlieland trying to prevent a container ship runs aground.

Two container vessels collided in Eastern China
December 6, 2013 morning, the two vessels "MV XIUMEI TIANJIN" and "JIA LI HAI" collided in the waters near the southern Zhejiang Zhoushan, Ningbo and Zhoushan in Zhejiang accident deepwater navigable waterway safety and security.

Sanmar's Compact and Powerful New Addition to Range
Sanmar is pleased to announce the addition of another new model to its range with the delivery of Bulani, the first of a pair ordered by P&O Maritime.

Indian ship breakers pause after second-hand vessels increase in value INDIAN ship scrap yards have slowed down recently because higher prices for older ships made owners less willing to scrap, according to London-based Clarkson Research Services.
Saturday, 07.Dec.2013, 00:12

ISS warns ports, land transport hit by Malaysian Peninsula floods GLOBAL maritime services provider, Inchcape Shipping Services (ISS), says an orange alert warning has been issued for parts of Pahang and Terengganu in Malaysia, following severe flooding which has forced thousands of people to evacuate.
Saturday, 07.Dec.2013, 00:04

GAC wins two awards for National Business Excellence in Sri Lanka GAC Marine Services Pvt Limited has scooped two top accolades at the National Business Excellence Awards (NBEA) 2013 in Colombo.
Saturday, 07.Dec.2013, 00:00

NYK presents scholarships to 76 maritime students in Shanghai and Dalian JAPAN's NYK Line is continuing to support maritime education programmes by providing scholarships to 76 Chinese students attending the Shanghai Maritime University (SMU) and Dalian Maritime University (DMU).
Friday, 06.Dec.2013, 23:56

ICTSI's heavy lift gears in Tacloban to support relief supplies delivery MANILA's International Container Terminal Services Inc (ICTSI), has acquired a brand new mobile harbour crane (MHC) at the Port of Tacloban, its first container crane in the port's history.
Friday, 06.Dec.2013, 23:52

Baltic Exchange's sea freight index shows eight straight days of growth THE main sea freight index of the Baltic Exchange, which gauges the cost of shipping bulk commodities such as iron ore, grain, coal and fertiliser, registered increases for eight consecutive days to December 4.
Friday, 06.Dec.2013, 23:50

Singapore lawyers seize Cosco heavylift ship for 'unspecified reasons' A COSCO Shipping Co Ltd (Coscol) heavylift vessel has been detained in Singapore since Monday by legal representatives from Incisive Law for "unspecified reasons", according to a document from the Singapore Supreme Court.
Friday, 06.Dec.2013, 23:45

Zim talks cooperation with G6 on the Asia-northwest Pacific routes ISRAELI flag carrier Zim Integrated Shipping has been in talks with the G6 Alliance about expanding its role on the Asia-Pacific northwest route, Lloyd's List reports.
Friday, 06.Dec.2013, 23:41

MOL hikes Asia-Mexico/WC South America rate US$600/TEU January 1 JAPANESE shipping giant MOL has announced a US$600 per TEU/$1,200 per FEU rate hike on all cargo from Asia to Mexico and the west coast of South America from January 1.
Friday, 06.Dec.2013, 23:35

Turkish Ship 'Burak Bayraktar' in difficulties off Vlieland Tugs of the Coast Guard, height of the Eierland Athletic Grounds between Texel and Vlieland trying to prevent a container ship runs aground.
Friday, 06.Dec.2013, 23:21

Two container vessels collided in Eastern China December 6, 2013 morning, the two vessels "MV XIUMEI TIANJIN" and "JIA LI HAI" collided in the waters near the southern Zhejiang Zhoushan, Ningbo and Zhoushan in Zhejiang accident deepwater navigable waterway safety and security.
Friday, 06.Dec.2013, 00:24

Sanmar's Compact and Powerful New Addition to Range Sanmar is pleased to announce the addition of another new model to its range with the delivery of Bulani, the first of a pair ordered by P&O Maritime.
Friday, 06.Dec.2013, 00:16

President of GISBIR Gives Opinion on Upturn Expected for 2014 Murat Kiran, the President of the Association of the Turkish Shipbuilding Industry, GISBIR (Türkiye Gemi İnşa Sanayicileri Birliği), gives his opinion on the upturn expected for 2014 and the important role of SMM Istanbul, which will be held in Istanbul on 26 and 27 February in Istanbul.
Friday, 06.Dec.2013, 00:09

Maersk to make more from P3 than partners on ship size: Macquarie MAERSK Line could save up to US$1 billion in operating costs on the Asia-Europe trade lane if the competition authorities approve the P3 Network, according to Macquarie Research.
Friday, 06.Dec.2013, 00:06

Drewry says Transpacific Stabilisation Agreement rate hike erodes gains ATTEMPTS by the Transpacific Stabilisation Agreement (TSA) to recommend a general rate increase of US$400 per FEU produced an increase of $250 per TEU from November 15, the seventh increase in 2013, but remains 14.8 per cent below 2013 start, equivalent to $328.
Friday, 06.Dec.2013, 00:03

COLUMNISTS

Costa Concordia and Titanic: Same errors, same fate!
Tuesday, 01.Oct.2013, 00:26

It is one of the most tragic maritime accidents in recent times. The 7-year old, 291 meters long cruise ship Costa Concordia capsized outside Giglio Island harbor on the 13th of January 2012, killing 32 people.

	Cosco to post 85pc smaller loss, but sell-off needed to avoid de-listing
	Coscon makes vow to consumers in 5 specific service improvement areas
	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

CSAV stock surges on news of 'business combination' talks with Hapag
Thursday, 05.Dec.2013, 23:46

CHILE's Compania Sudamericana de Vapores (CSAV) stock surged the most in more than a year after Die Welt newspaper reported that Latin America's biggest container shipping line was in merger talks with Germany's Hapag-Lloyd, the world's sixth largest carrier.

	FPS launches first-ever Rotterdam-Fiji direct LCL service
	ClassNK Tops 220 Million GT
	Marintec China 2013 Officially Started Yesterday
	Swissco Continues Its Fleet Renewal
	BMT Surveys Opens New Office in Switzerland
	US Navy suspends contract over suspicions of overbilling
	SITC and Sinotrans to launch a Japan-Bohai loop to Osaka and Kobe
	G6 Alliance expands to meet P3 challenge as regulators plan DC meet
	Six More Newbuildings for Navig8 Chemical Tankers

SHIPPING NEWS

Crude tanker market: Could this be right?
Wednesday, 27.Nov.2013, 11:45

VLCC rates of USD60,000/day triggered a deeper dive in crude tankers, so we looked into ~66,000 fixtures. We looked through ~66,000 tanker fixtures…

	TSA: Standby for US$500 transpac rate hikes in December, January
	China refuses GM corn shipment from US, spooking Chicago exchange
	Panamax coal freight rates in Pacific on downtrend, bearish sentiments prevail
	Slow recovery for dry bulk from 2017: Cosco Bulk
	New Offshore Patrol Vessels for Royal Navy
	Dry bulk shippers aren’t celebrating, but their silence is golden
	Canada makes its third MLC detention
	Key tanker stock drivers: Crude tanker stocks may have bottomed
	Are dry bulk shipping managers placing more vessel orders?

SHIPBUILDING

PIRIOU Wins Order for Two Tuna Purse Seiner Ships
Wednesday, 04.Dec.2013, 22:58

PIRIOU has won a firm order for two, plus an option for a third, new generation freezer tuna purse seiner ships that will be built for for SAPMER Holding.

	NewLead to Acquire Newbuild Eco Type Dry Bulk Vessel
	New Shipbuilding Contract for COSCO Zhoushan
	Damen Shiprepair Brest receives ISO 9001:2008 certificate
	DHT Orders Two VLCCs from Hyundai Heavy
	Rolls-Royce Wins Contract to Design and Equip Sinopacific’s Vessels
	Wärtsilä to Design Environmentally Advanced Container Ship for Crowley
	Damen to deliver 80 m Ice Class ferry for Fogo and Change Islands, Canada
	Navig8 takes orderbook to 18 ships
	Pacific Basin acquires seven newbuildings

ACCIDENTS

Scrap ship grounded in storm
Thursday, 05.Dec.2013, 10:39

The vessel drifted aground in stormy weather after anchor dragged.

	Fire aboard ferry "Corona Seaways"
	Coast Guard vessel ran onto reef
	Fire aboard "Ocean Countess" finally under control!
	Investigators probe HK-Macau ferry accident
	Fire on cruise ship Ocean Countess at shipyard, no injuries
	Ten dead and 16 missing after two coastal vessels sink off Shandong
	Tug sank on Mississippi
	U.S. Coast Guard Responds to Vessel Sinking and Oil Discharge into Mississippi River
	Industry association blasts Spanish courts for injustice to oil spill captain

MARKETS

Despite weak performance smaller lines continue to add needless capacity
Wednesday, 04.Dec.2013, 02:09

A CAPACITY race is afoot with Chile's CSAV and Israel's Zim, two of the weaker players in the top 20 global carriers, leading the pack despite an excess tonnage now flooding the market.

	AADA hikes China-Oz rate US$400/TEU for dry, reefer from January 7
	Matson to raise freight rates, terminal handling charges in 2014
	SCFI: Asia-Europe rates slip from November 1 GRIs, Asia-US fares better
	Hanjin quarterly loss widens to US$297 million as revenue slips 7.2pc
	Diana Containerships posts US$700,000 quarterly loss as revenues fall 31pc
	MOL increases Asia-South America rate US$750/TEU from December 1
	OOCL ups Asia Europe westbound rate US$775/TEU from December 15
	Asian Capesize Rates To Slide As Cargo Fixtures Dry Up
	Viability of extending 14,000-TEU ships to 16,000-TEUers tempts owners

INSIGHT/OPINION

Container shipping reliability declines over nine months, says Drewry
Saturday, 23.Nov.2013, 02:32

CONTAINER shipping reliability declined during the third quarter of 2013 to below 70 per cent of on-time ship arrivals for the first time since the beginning 2012

	Shanghai's new cabotage laws disappoint, limit positive impact: Drewry
	Clarksea Competition? No Surprises, Unfortunately
	Why crude oil tanker shipping rates remain depressed
	The “Ultramax” Pushing it to the Max: A comparison with the Supramax and Panamax
	Weak markets bring carrier cost cuts that save US$5.5 billion in fuel
	Box futures pioneer Clarksons' joins others in quitting swap market
	The World of Energy Is Undergoing Fundamental Changes
	Container Shipping - Owners rush to the yards despite a distressed market
	Not a great transpacific year, but better than last, says Drewry

SHIPBROKER REPORTS

Lion Shipbrokers Weekly Report WEEK 47 – 22 NOVEMBER 2013
Saturday, 23.Nov.2013, 12:53

Lion Shipbrokers Weekly Report WEEK 47 – 22 NOVEMBER 2013 You can download the full report in PDF format.

	Lion Shipbrokers Market Report 01 November 2013
	Lion Shipbrokers Market Report WEEKS 41 & 42 – 18 OCTOBER 2013
	Lion Shipbrokers Market Report 27 September 2013
	Lion Shipbrokers Market Report 13 September 2013
	Lion Shipbrokers Market Report 14 August 2013
	Lions Shipbrokers' Report 02 August 2013
	Lion Shipbrokers market Report 26 July 2013
	Lion Shipbrokers Market Report for WEEK 29– 19 July 2013
	Lion Shipbrokers Market Report: 28 June 2013