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Sunday, 19.May.2013, 01:50 (GMT+3)

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LLOYD'S LIST

INSIGHT/OPINION

SHIPBROKER REPORTS

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What you expect from freight market in 2013?

	Better than 2012.
	Worse than 2012.
	Continue recovering.
	Steady up.
	Rapid rise.
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LION SHIPBROKERS MARKET REPORT 17 May 2013
Lion Shipbrokers Market Report for WEEKS 19 & 20 – 17 MAY 2013

Moody's: Global shipping sector faces risks
Moody's notes that the ongoing shift in trade patterns owing to falling US oil imports has credit-negative implications for the entire tanker industry as it is likely to depress freight rates.

New investors needed to help finance ships below 3,000 TEU: Drewry
THE collapse of the German KG ship financing system leaves a hole in the small box ship market, which needs to be filled, particularly as smaller vessels need to be more fuel efficient and eco-friendly

Oil-Tanker Rates Fall Most in Six Weeks as Demand Seen Stalling
Rates for the largest oil tankers on the benchmark trade route fell the most in six weeks on concern demand from refiners returning from maintenance stalled.

Rates plunge to their lowest level since February 2012
Average global freight rates have fallen to a 15-month low, according to Drewry’s new online Container Freight Rate Insight which launched yesterday.

LION SHIPBROKERS MARKET REPORT 17 May 2013 Lion Shipbrokers Market Report for WEEKS 19 & 20 – 17 MAY 2013
Saturday, 18.May.2013, 02:02

Moody's: Global shipping sector faces risks Moody's notes that the ongoing shift in trade patterns owing to falling US oil imports has credit-negative implications for the entire tanker industry as it is likely to depress freight rates.
Saturday, 18.May.2013, 01:54

UK: Maersk Receives IMO Award for Sustainable Development Maersk won the IMO 2013 themed award: “Sustainable Development – IMO’s contribution beyond Rio+20” in support of the IMO’s theme for World Maritime Day for 2013
Saturday, 18.May.2013, 01:51

Cargotec wins US$48 million order for MacGregor offshore cranes Hornbeck Offshore Services Inc, has placed an order worth EUR37 million (US$47.9 million) with Cargotec for four MacGregor 250-tonne active heave-compensated (AHC) subsea cranes
Saturday, 18.May.2013, 01:47

Channel's Haropa triple-port complex voted Best Seaport in Europe THE French port complex of HAROPA that groups together the ports of Le Havre, Rouen and Paris has been voted by readers of the Cargonews Asia newspaper the Best European Seaport of 2013.
Saturday, 18.May.2013, 01:45

MCI's automatic ventilation 'AV+' saves energy by up to 25pc MAERSK Container Industry (MCI) says its automatic ventilation system AV+ can save cargo owners and shippers up to 25 per cent in energy costs in refrigerated containers.
Saturday, 18.May.2013, 01:43

New investors needed to help finance ships below 3,000 TEU: Drewry THE collapse of the German KG ship financing system leaves a hole in the small box ship market, which needs to be filled, particularly as smaller vessels need to be more fuel efficient and eco-friendly
Saturday, 18.May.2013, 01:39

Cross-NWE clean freight rates plunge on weak fundamentals: sources Cross-Northwest Europe clean freight rates have dropped significantly amid seasonal ice premiums dissipating and cargo activity relaxing, sources said Thursday.
Friday, 17.May.2013, 02:19

Oil-Tanker Rates Fall Most in Six Weeks as Demand Seen Stalling Rates for the largest oil tankers on the benchmark trade route fell the most in six weeks on concern demand from refiners returning from maintenance stalled.
Friday, 17.May.2013, 02:14

Rates plunge to their lowest level since February 2012 Average global freight rates have fallen to a 15-month low, according to Drewry’s new online Container Freight Rate Insight which launched yesterday.
Friday, 17.May.2013, 02:11

USA: Conditions in Dry Bulk Market Remain Challenging, Eagle Bulk Shipping Eagle Bulk Shipping Inc. announced on May 15th its results for the first quarter ended March 31, 2013.
Friday, 17.May.2013, 02:10

Italy: Keel Laid for P&O Cruises’ 141,000-Ton Cruise Ship The keel laying of the largest cruise ship ever built for the British market took place yesterday, May 15 2013, at the Monfalcone shipyard of Fincantieri near Trieste, Italy.
Friday, 17.May.2013, 02:07

Drewry claims Manila's rising star, ICTSI, shares are overvalued MANILA's International Container Terminal Services Inc (ICTSI) continues to attract investors mainly due to the company's continuing profitability of the container terminal management sector
Friday, 17.May.2013, 02:05

MTT Shipping to buy 1,200-TEUers for east-west Malaysia trade MALAYSIA's MTT Shipping Sdn Bhd wants to buy two ships in the 1,200-TEU range to exploit the growing west-east Malaysian trade, adding to the five already in service, reports Bernama news agency.
Friday, 17.May.2013, 01:58

Ship orders show trace of recovery, but no big shift expected soon CHINA Shipping Container Lines' (CSCL) CNY4.2 billion (US$683.9 million) new order for five 18,400 container ships with Korea's Samsung Heavy Industries has given confidence to investors
Friday, 17.May.2013, 01:56

COLUMNISTS

If you can not be happy with me, You can be happy with no one else...
Saturday, 04.May.2013, 01:21

You won’t find a new country, won’t find another shore. This city will always pursue you. there is no ship for you, there is no road...

	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

CMA CGM announces 3 joint services, reshuffles Asia-South America EC
Friday, 17.May.2013, 01:54

SIX shipping giants, CMA CGM, Maersk, Hamburg Sud, CSAV, China Shipping and Hanjin, will restructure Far East to South America east coast services with three new joint strings from July.

	Hamburg Sud reports 16pc increase in 2012 revenue to US$6.17 billion
	Hapag-Lloyd to increase Asia-Europe rates US$1,000 per TEU July 1
	Guidance for MARPOL Annex VI IEE Certificate Implementation
	Warsash Maritime Academy to Get Eighth Scaled Ship Model
	Hapag-Lloyd nearly halves first quarter losses as revenues rise 3.1pc
	Martek Marine: “shipping companies face potential manslaughter charges”
	Disciplined underwriting increases UK P&I Club free reserves to new high
	International Bunkering appoints 3 more traders
	Maersk Line Limited reflags to US eight second-hand vessels

SHIPPING NEWS

PC Maritime ECDIS in 50-vessel China Shipping Group deal
Tuesday, 14.May.2013, 01:42

PC Maritime’s Navmaster ECDIS has been chosen by China Shipping Group to be fitted to 50 newbuild bulk carriers.

	Incomplete ferry MM 64 FC passed through the Strait of Dardanelles
	Tanker Rates Extend Gains as China Auto Fuel Demand Seen Rising
	Transatlantic clean rates at near 3-month high on firm trade
	Iron Ore Ship Rates Rally Longest Since July as Cargoes Increase
	Norway: Slightly Better Chemical Tanker Market for Odfjell in Q1 2013
	The Russian Warship Bora Will Visit Istanbul In May
	Ore-Carrier Rates Climb to 10-Week High as Chinese Demand Gains
	Oil-Tanker Rates Climb as Demand to Book Vessels Seen Gaining
	French Destroyer Jean Bart in Istanbul for three days visit

SHIPBUILDING

BIMCO’s Analyses Show Significant Turn for Shipyard Industry
Wednesday, 15.May.2013, 23:48

The shipyard industry seemed to head straight for the output-abyss just 15 months ago.

	Cwind places second order for CTRUK’s SWATH WORKBOAT
	Sanmar's 100th Tug Breaks New Ground!
	Bangladesh: WMS to Build Container Ship for Bancan Shipping
	Sovcomflot Launches First of Two VLCC Tankers
	Iran: IRISL Orders 21 Vessels from ISOICO
	Hamburger Lloyd takes 4,600 TEU boxship newbuilding in China
	Three Bulkers of Turkish DENSA Shipping launched at Hyundai-Vinashin
	Taiwan: Yang Ming Takes Delivery of YM Unicorn
	Finland: Aker Arctic Technology Presents New Unique Ice Breaker

ACCIDENTS

The Jolly Nero accident could be due to a valve
Saturday, 11.May.2013, 18:00

Worked before, the mighty engine of the "Jolly Nero", the leaves from the pier Nino Ronco.

	Italian divers find body of coastguardsman still 1 missing
	Death toll up to six in Genoa control tower boxship crash, 3 missing
	Fate caught the young pilot Michele Robazza at his sleep...
	Two Containerships Collide near Bremerhaven, Germany
	Video: Step by step Jolly Nero accident
	Inquiry into a grounding: Engine issues ground Hanjin Bombay
	Turkish Bulk carrier Yasa H. Mulla under repairs after accident in Port Said
	Passenger boats collided in Istanbul, 3 passengers ijured
	Fire destroyed about 80 cars in Con-Ro ship Atlantic Cartier

MARKETS

Hamburg Süd 2012: Better, but not yet good enough
Wednesday, 15.May.2013, 13:02

Following the powerful recovery of the world economy in 2010 and a weaker 2011, global growth continued in the past financial year, albeit at a slower pace.

	Drewry transpacific spot rates lose 4.3pc to US$2,032/FEU in one week
	Cosco hikes intra-Asia rates from Far East to Indian subcontinent May 15
	Maersk to raise intra-Asia, Mideast, East Africa Med rates from June
	Capesizes End Nine-Day Winning Streak Amid Slowing China Demand
	Asian VLCC rate hits w40 first time in 3 months on rush to cover May cargoes
	Singapore-linked Simatech buys two 3,300-TEU vessels from ER Shiffahrt
	G E Shipping: Crude Tanker Market Continues to Underperform
	Less shipper choice as smaller lines forced out of east-west trades
	Transatlantic carriers struggle to make a profit as US imports fall

TURKISH PRESS REVIEW

Container Handling Technology Turkey
Wednesday, 24.Oct.2012, 11:50

Port Finance International is pleased to present the inaugural Container Handling Technology (CHT) Turkey showcase exhibition and conference.

	Press Roundup
	Belated justice andlower courts of appeal
	Democraticautonomy: Is this it?
	Nostradamus did notexaggerate this much
	How will 2011 be?
	Press Roundup
	A man of conscience
	Being treated as human
	2011, the yearof elections

INSIGHT/OPINION

Tanker market unkind to ship owners during April
Sunday, 12.May.2013, 13:14

The latest OPEC monthly oil report noted that global fixtures in April declined by 2.4% compared with the previous month to average 17.44 mb/d.

	PMSCs and how to navigate the future with lessons learned
	Global container trade growth for 2013 revised down as market mood darkens
	Smaller ship sizes and MR product tankers are ship owners' newbuilding focus
	Dry bulk market rebound may take longer than expected
	Drewry: Coping with flood of new tonnage is Job 1 for carriers in 2013
	Drewry: Sigh of Relief for Suezmax Owners
	Drewry sees Asia-Mediterranean trade decline as a worldwide trend
	Drewry: Profitability rests on sticking to rates and cooling capacity
	VLCC demand has 'ground to a halt': Sohmen Pao

SHIPBROKER REPORTS

LION SHIPBROKERS MARKET REPORT 28 April 2013
Sunday, 28.Apr.2013, 20:56

Greek players continue to dominate the dry bulk second hand market. Hearing seven to eight prospective buyers (half of them being Greeks) are currently inspecting Japanese controlled panamax BOTAFOGO.

	Container rate slumps 21pc in 2012, falls again after February peak
	LION SHIPBROKERS MARKET REPORT 29 MARCH 2013
	LION SHIPBROKERS MARKET REPORT 11-18 MARCH 2013
	Drewry warns of more cancellations, space shortages and volatile rates
	Greeks active in newbuilding market
	LION SHIPBROKERS MARKET REPORT 08 MARCH 2013
	Lion Shipbrokers Market report March 2013
	Lion Shipbrokers report for 8 February 2013
	Lion Shipbrokers market Report 25 January 2013

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Events

May 2013

COLUMNISTS

NILUFER ORAL

Climate Change and Shipping

STEVE PELECANOS

"No" management of safety on GBR

CAHIT ISTIKBAL

Safety of Navigation in Narrow Straits

News in Pictures

Tug Fairmount Sherpa has safely delivered rig GSF Arctic I in Las Palmas. The rig has been towed from offshore Rio de Janeiro, Brazil, to Las Palmas de Gran Canaria, Spain. GSF Arctic I is a semi-submersible drilling rig for deepwater operations, owned by Houston based Transocean.