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Poll
Will freight markets ever return pre-crisis levels?
Yes, in 2014
Yes, in 2015
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MOST READ TODAY
CIMC adopts Globe Tracker software to manufacture 'smart containers'- 712
Sinking risk for bulk carrier KERTU grounded off Stockholm archipelago- 655
SAIPEM 7000 passing through Strait of Istanbul (Bosporus)- 395
UASC to expand with US$2 billion order for big ships, alliances- 393
124 New Oil Tankers EntersMarket in 2014- 383
Inchcape Shipping Services unloads 7 RTGs at Port of Mombasa- 333
Cambodian authorities look to China to fund Phnom Penh port expansion- 328
4 Chinese Ships Stuck in Mexico since May over Iron Ore Dispute- 287
Panama Canal Pilots Warn of Major Operational Issues Still Facing Expanded Canal- 268
ITF Campaign Black Sea of Shame: "what shall ship owners expect"- 267
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Focus TOP RATED MOST READ

ITF Campaign Black Sea of Shame: "what shall ship owners expect" On the 23rd of October 2014 in Odessa, the sea capital of Ukraine, Interlegal together with the Nautical Institute of Ukraine (branch of the Natical institute of UK) organized a Round Table called «ITF Campaign “Black Sea of Shame”: what shall ship owners expect». 
Friday, 31.Oct.2014, 10:24
SAIPEM 7000 passing through Strait of Istanbul (Bosporus) On the way from Italy to Burgas, Bulgaria; the crane vessel Saipem 7000 is passing through the Strait of Istanbul at the moment. 
Friday, 31.Oct.2014, 06:42
4 Chinese Ships Stuck in Mexico since May over Iron Ore Dispute Authorities in Mexico have been holding four Chinese ships and their crews since May as they try to end drug cartels’ involvement in iron ore sales. 
Thursday, 30.Oct.2014, 21:28

Bulk Carrier M/V Kertu safe in port On Oct 30 at 12:40 a.m. the "Kertu" arrived in the port of Oxelösund. The Coast Guard ship "KBV 002" with the salvors on board assisted. In the afternoon divers were to examine the hull.
Thursday, 30.Oct.2014, 21:16
Fewer ships plying East African waters raises freight rates 45pc THE average cost for exporting and importing a container by sea between East Africa and North America, South America, Asia, Europe and Middle East through Mombasa and Dar es Salaam increased 45 per cent last year.
Thursday, 30.Oct.2014, 21:11
Singapore to survey shore-based operators about marine services ML RESEARCH Consultants has been appointed by the Maritime and Port Authority of Singapore (MPA) to conduct this year's Marine Services Survey of shore-based operators.
Thursday, 30.Oct.2014, 21:08

SCI looks to shipping markets in Singapore, Vietnam, Thailand THE Shipping Corporation of India (SCI) is seeking to expand coastal shipping and the transshipment of goods to strengthen trade with Singapore, Vietnam and Thailand, as part of India's Look East Policy.'
Thursday, 30.Oct.2014, 21:05
Dublin container traffic up 9.4pc to 418,867 TEU in 9 months PORT of Dublin third quarter container traffic was up 9.4 per cent to 418,867 TEU, reports the Irish Times. 
Thursday, 30.Oct.2014, 21:03
US eco-lobby hits Chinese ships for pollution that's far worse inland THE New York Times has highlighted a US eco-lobby report blaming Chinese containerships for causing terrible air pollution when what's generated by inland sources is far worse.
Thursday, 30.Oct.2014, 21:00

Strike threatens to shut St Lawrence Seaway this week THE St Lawrence Seaway, the international waterway linking Montreal to Chicago, though more importantly to US and Canadian bulk ports on the Great Lakes, is threatened with a strike this week.
Thursday, 30.Oct.2014, 20:58
Vessel operating costs expected to rise 6pc by the end of 2015 THE projected six per cent increase in vessel operating costs for the next two years will be difficult for owners, operators and managers to absorb, according shipping accountancy firm Moore Stephens.
Thursday, 30.Oct.2014, 20:55
Cosco Pacific's quarterly profit up 8.5pc on 9pc box volume growth CHINA Ocean Shipping's terminal-operating arm, Cosco Pacific, posted third quarter earnings of US$86.9 million, an increase of 8.5 per cent year on year.
Thursday, 30.Oct.2014, 20:53

Panama Canal Pilots Warn of Major Operational Issues Still Facing Expanded Canal In 2006, the Panama Canal Administration determined the Canal needed to be expanded in order to remain competitive. A detailed Master Plan for the expansion project was subsequently developed by the Panama Canal Authority and disseminated throughout the country.
Thursday, 30.Oct.2014, 19:56
124 New Oil Tankers EntersMarket in 2014 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. 
Wednesday, 29.Oct.2014, 23:12
CIMC adopts Globe Tracker software to manufacture 'smart containers' THE world's biggest container maker, Shenzhen's China International Marine Containers (CIMC) and Denmark's software engineers Globe Tracker (GTI) have joined to make track and traceable "smart containers".
Wednesday, 29.Oct.2014, 23:10

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
USS Mount Whitney passed through the Strait of Istanbul
Saturday, 11.Oct.2014, 18:41
The U.S. 6th Fleet command and control ship USS Mount Whitney (LCC 20)  passed through the Strait of İstanbul and entered to Black Sea this afternoon, Saturday the 11th of October, to promote peace and stability in the region.
Turkey's Asyaport welcomes first vessel: MSC London
M/V MAGNUM had engine breakdown in Istanbul Strait
MSC Stella passed "empty" through Turkish Straits
Second US Navy destroyer heads to Black Sea
Giant platform "Xiang Yun Kou” passed Strait of Istanbul early this morning
   
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
Study examines Gdansk prospects as hub port for Baltic boxes
Wednesday, 29.Oct.2014, 23:08
THE Maritime Institute in Gdansk (MIG) has published a report that examines the prospects of Gdansk b becoming a container for the Baltic region.
UASC to expand with US$2 billion order for big ships, alliances
ECB orders HSH Nordbank shipping book value cut without citing amount
Maritime Awareness Week November 10-16 at Hong Kong Maritime Museum
China's exports up 15.3pc, imports up 7pc in September
Japanese exports rebound, but sustainability questions cloud future
   
SHIPPING NEWS
Al Qaeda targets oil tankers in Gibraltar
Tuesday, 28.Oct.2014, 14:34
Terror chiefs have called on militants to destroy tankers bound for the west by ramming them with boats laden with explosives or by hijacking the ships and running them aground.
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
Building underway for biggest ships ever built for Royal Navy
   
SHIPBUILDING
Hantong to Build World’s First CNG Carrier
Tuesday, 28.Oct.2014, 19:52
Jiangsu Hantong Ship Heavy Industry signed a shipbuilding contract with CIMC ENRIC SJZ GAS on 26th October, 2014, for construction of the world’s first CNG carrier.

Hyundai orders Clean Marine exhaust cleaning system for tankers
‘MSC Magnifica’ arrives at Damen Shiprepair Rotterdam
Emergency response Vessel "Nene Hatun" Launched at Sefine Shipyard
Tuco Marine discloses the newest vessel in the ProZero series
13,808-TEUer delivered to Evergreen - last of 10 postpanamaxes
ACCIDENTS
Sinking risk for bulk carrier KERTU grounded off Stockholm archipelago
Wednesday, 29.Oct.2014, 17:27
That ship has been evacuated this afternoon because it takes in water. The master and engineer officers and personnel from the Coast Guard is still on board to try to pump water out of the ship.
Boxships San Felipe and Al Riffa ablaze after collision in Port Klang
RoRo Alios Breaks Free in Greece, Sinks Yachts
LNG Carrier Ramdane Abane blacked-out in Dardanelles
Dover Strait Collision Caused by Over-Reliance on AIS
3 Dead in Platform Accident off Azerbaijan
   
MARKETS
Asia-north Europe container freight rates fall 1.1pc to US$697/TEU
Sunday, 26.Oct.2014, 19:32
SPOT rates from the Shanghai Containerised Freight Index fell 1.1 per cent on the Asia-northern Europe route to US$697 per TEU last Friday
Platts: Atlantic Supramax Market Plagued by Overcapacity
Platts: Atlantic Supramax Market Plagued by Overcapacity
Platts: Freight Rates Pressured by Falling Bunker Fuel Prices
Asia-Europe rates fall, but transpac up 11.5pc to US$1,239/FEU
Carriers need to lower unit costs to remain profitable: Drewry
   
INSIGHT/OPINION
Global container shipping volumes to grow 5.5pc in 2015: Drewry
Tuesday, 28.Oct.2014, 18:08
IN 2015 container shipping volumes are forecast to grow by 5.5 per cent year on year across major trade lanes, which Drewry Maritime Research describes as a "relatively positive" year in its Outlook for Container Shipping. 
Carriers can still make money-Drewry
Moody’s: "Shipping Industry Outlook Stable"
Is too little too late for expanded Panama Canal with advent of mega ships?
Masses of small box ships scrapped as mega ships dominate world trade
Drewry: Mega Alliances Will Help Container Industry Recover
Events
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Model Alexandra Fotopoulou holding the 9th issue of seanews magazine at the Posidonia Shipping Fair


 
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