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Poll
Will freight markets ever return pre-crisis levels?
Yes, in 2014
Yes, in 2015
Yes, after 2015
No, never!
Who knows?
MOST READ TODAY
Idle box fleet shrinks in November to lowest level since 2008- 406
Immigrant ship "Baris" sailed from Turkey, Mersin- 306
Shippers warn that US freight rates in all modes will rise in 2015- 294
Terminals face big challenge of sharp rise in box volumes through 2024- 239
Hamburg volume up 6.4pc in first 9 months to record high of 7.4 million TEU- 232
Toll sells non-core, loss-making businesses, expects to make US$85.2 million- 232
"Baris" being evacuated in Ierapetra, Crete- 207
Called New Silk Road, China to Spain 6,200 mile long railway line opens- 180
CMA CGM buys Oldenburg-Portugiesische Dampfschiffs-Rhederei- 178
West Africa is down, but not out from Ebola given its resilient box volumes- 172
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Focus TOP RATED MOST READ

Denak Trader may leave port, as Denak Shipping pays the guarentee A Turkish cargo ship, which was facing federal seizure Friday, now is expected to leave the the port of Camden.
Friday, 28.Nov.2014, 21:59
Number of immigrants at 595, 21 people arrested Greek port authorities conducting a preliminary investigation arrested 21 people who were aboard the "Baris", including seven crew members, two immigrants suspected of being traffickers and 12 immigrants who caused tension on the ship. 
Friday, 28.Nov.2014, 21:52
GAC wins 2 awards for Middle East and Indian subcontinent services GLOBAL shipping, marine and logistics services provider GAC has scooped logistics and maritime services accolades at Lloyd's List Middle East and Indian subcontinent (MEISC) Awards.
Friday, 28.Nov.2014, 21:50

GAC HullWiper recognised for ground-breaking features at Rotterdam gala GAC EnvironHull's underwater hull cleaning system HullWiper hasearned the company the Innovative Technology award at the International Bulk Journal Awards in Rotterdam. 
Friday, 28.Nov.2014, 21:47
Dimerco wins 2 awards for logistics efforts on the mainland and Taiwan TAIWAN's Dimerco Express Corporation has scooped two awards for developing China's logistics markets and "becoming the world's most competitive transportation and logistics service provider". 
Friday, 28.Nov.2014, 21:44
Kerry Logistics boosts supply chain solutions team with two new managers HONG KONG's Kerry Logistics has expanded its supply chain solutions team after a series of strong business wins and customer demand for sophisticated solutions to increasingly complex logistical requirements, the company announced.
Friday, 28.Nov.2014, 21:42

Singapore's PSA Group chairman Fock Siew Wah wins Royal Belgian honour SINGAPORE's PSA group chairman Fock Siew Wah has been made Commander of the Order of the Crown by King Philippe of Belgium for his merit, dedication and services rendered to the kingdom.
Friday, 28.Nov.2014, 21:38
ICTSI ports listed among world's best infrastructure projects MANILA's International Container Terminal Service Inc (ICTSI) has been recognised among the Project Finance Deals of the Year 2014 "The World's Best Infrastructure Projects".
Friday, 28.Nov.2014, 21:36
French farmers block Marseilles port, throw potatoes on roads PROTESTING farmers around the Port of Marseille’s Fos container terminal and Distriport logistics zone have been disrupting truck traffic to and from the port, said the port authority. 
Friday, 28.Nov.2014, 21:30

Indian bureaucratic storm looms as banned Chinese cranes move to Mumbai WHETHER New Delhi will look the other way or make a fuss has yet to be determined as DP World's terminal at Jawaharlal Nehru Port prepares to erect four banned Zhenhua Heavy Industries Co (ZPMC) cranes from Shanghai.
Friday, 28.Nov.2014, 21:28
Hong Kong's GDP growth to be modest 2 to 3pc in 2015: O'Rear HONG KONG's economy is expected to grow by two to three per cent next year compared to 2014 with inflation forecast at four per cent, according to the Hong Kong General Chamber of Commerce. 
Friday, 28.Nov.2014, 21:25
Matson's to raise rates on Hawaii, Guam and Micronesia services US carrier specialising in the Pacific trade, Matson Navigation Company, has announced that it will implement a rate hike from January 4 on its Hawaii service of US$225 per westbound container and $110 per eastbound container. 
Friday, 28.Nov.2014, 21:21

Diana Containerships Q3 profit US$1.4 million after suffering $700,000 loss Diana Containerships posted a third quarter net profit of US$1.4 million after suffering a $700,000 loss in the same period a year ago. This year's quarterly revenue was $13 million, which increased 18 per cent.
Friday, 28.Nov.2014, 21:15
Long Beach to open vacant pier for empty boxes to ease port congestion IN a bid to ease congestion at Long Beach port authorities will open a temporary empty container depot on a vacant pier on Terminal Island with operations planned from December through March.
Friday, 28.Nov.2014, 21:12
MERSEY MARITIME’S BIG PLAYERS HOST SKILLS BREAKFAST All Blacks rugby star Zinzan Brooke was a guest of honour at a Skills Breakfast hosted today at Mersey Maritime’s Birkenhead Headquarters. Zinzan Brooke now spends his time as CEO of Number 8 Group, a recruitment and skills specialist company. 
Friday, 28.Nov.2014, 16:53

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
New Panama Canal, New Problem
Thursday, 07.Aug.2014, 21:54
To the relief of much of the world’s trading nations, the Panama Canal expansion looks to be on track for a finish in 2015.  The Panama Canal Authority webpage states the following “The Panama Canal Expansion is the largest project at the Canal since its original construction. T
Denmark Going It Alone?
THE DANISH DEBATE; SHIPS AND PILOTS
A Threat To Maritime Security: Piracy Attacks
What caused Sewol sinking?
The Montreux Convention and the Crimean Crisis
WORLD SHIPPING
Finland, Korea celebrate 50th order for fuel saving technology
Friday, 28.Nov.2014, 12:31
SOUTH Korean and Finnish premiers Jung Hong-won and Alexander Stubb, recently celebrated the signing of the 50th order for NAPA-DSME Power, a jointly developed solution for fuel saving and eco-efficiency in ship operation.
12 out of 15 of major ocean carriers see good results in third quarter
Insurers in a quandary over cover for payment of pirate ransoms
Bunker surcharge from Japan, Korea, Greater China to Oz revised
"Baris" being evacuated in Ierapetra, Crete
Immigrant ship "Baris" sailed from Turkey, Mersin
   
SHIPPING NEWS
124 New Oil Tankers EntersMarket in 2014
Wednesday, 29.Oct.2014, 23:12
Some 124 vessels are expected to enter the oil tanker trading fleet in 2014, while 60 tankers were forecast to be sold for demolition or conversion, according to the latest report by McQuilling Partners. 
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
US claims of surpassing Saudi oil production will prove hollow: expert
TEN Positive About Tanker Market Conditions TEN Positive About Tanker Market Conditions
   
SHIPBUILDING
Hyundai Heavy Sees First Strike in 18 Years
Sunday, 23.Nov.2014, 22:04
Unionised workers at South Korea’s shipbuilding giant Hyundai Heavy Industries staged their first industrial action in almost two decades this Thursday when they walked out from a scheduled one hour of extra work after their regular eight-hour shift, the AFP reports.
Hyundai Heavy builds world's first 19,000-TEUer for China Shipping
World's largest Containership named
Maersk to order ten 3,400-TEU low-sulphur, ice-strengthened feeder ships
Scrabster Harbour takes delivery of Damen Stan Tug 1606
Damen Shipyards Group wins ‘Ship of the Year Award’ for revolutionary SAR boat
ACCIDENTS
VIDEO: BP's British Emissary Suffers Combustion Fault in Charleston
Tuesday, 25.Nov.2014, 20:48
While in Charleston, South Carolina on Nov. 23/24, BP Shipping’s British Emissary, a 34k deadweight oil products tanker, suffered a catastrophic engine failure. There were no serious injuries according to reports, as two engineers had just left the space minutes prior to the incident.
MOL lost little from Comfort sinking, but can make money from lawsuit
Cargo ship "Nossan" in danger of sinking after running aground in Göta Alv
Chinese sand carrier sinks after colliding with German boxship "Hansa Siegburg" off Xiamen
Sewol trial: Ferry captain sentenced to 36 years in jail
Plane crashes into ship yard crane in Bahamas killing nine
   
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
Bigger containerships put greater pressure on the container industry
Monday, 24.Nov.2014, 22:37
CARGO owners, intermodal operators, terminal operators and ports are facing increased financial and logistics pressures while shipping lines reap the benefits of lower costs, creating dis-economies of scale.
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
Alphaliner: Alliances may be as durable as 1980s' consortia - that is, not very
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Model Alexandra Fotopoulou holding the 9th issue of seanews magazine at the Posidonia Shipping Fair


 
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