Press-Digest

Harbour Master Lems leaves behind safe port of Rotterdam  03/01/10

Source: www.portofrotterdam.com
2009 was a safe year for the port of Rotterdam, during which important steps were taken to guarantee safety and order even further

Chinese banks lend money to foreign ship owners  03/01/10

Source: www.mysteel.net
Although the Danish ship owners have plans to obtain loans from banks of other countries, it finds out that offers of the Chinese parties are very lucrative...

Good time to modernise fleet 03/01/10

Source: www.businesstimes.com.sg
Regulations for the restriction of air pollution from ships will mean extra costs and responsibilities for shipowners...

Freight rates back to 2007 peak levels 03/01/10

Source: http://www.cargonewsasia.com
Freight rates for container shipping trade lanes between Asia and Europe have returned to their peak levels of 2007 as exports gain strength and shipping companies control capacity over the route...

European ports invest in shorepower 03/02/10

Source: http://www.portworld.com
Shorepower in Europe will likely increase over the next 10 years as ports continue to commit to emission reduction measures to enhance their green credentials...

Ports release top environmental priorities 03/02/10

Source: http://www.portworld.com
Reducing noise pollution, improving air quality and the management of port waste are the top three environmental priorities of ports in Europe...

Need for compliance services rising 03/03/10

Source: http://www.businesstimes.com.sg
Growing global concern over environmental and security issues and the resulting requirements to comply with new regulations such as the EU Reach and US Importer's Security Filing 10+2 programmes are causing more supply chain companies to see a need for more compliance services...

Order books weigh down shipping 03/09/10

Source: www.reuters.com
Shipping companies in the Middle East account for approximately $3 billion (Dh11bn) worth of orders, release of which will further affect the shipping industry...

Oil-tanker market expected to rebound with economy  03/09/10

Source: online.wsj.com
Oil-tanker companies, after posting heavy losses in the fourth quarter, are more optimistic for 2010 as the economic recovery is expected to stimulate oil consumption and boost shipping volumes...

North German shipowners face perfect storm 03/10/10

Source: www.ft.com
Yet most north German shipowners now run global businesses, not the regional operations Mann described. They control 35 per cent of the world’s container vessels, managing many of the ships that facilitated China’s export boom of the past decade...

Ocean carriers reactivate some idle box ships  03/10/10

Source: www.joc.com
Laid-up ships are returning to active service with the introduction of new services, capacity upgrades on a few "loops" and additional extra slow steaming...

Asia-Europe container cargo soars 03/11/10

Source: http://www.joc.com
Westbound shipments from Asia to Europe rose nearly 11 percent in January...

Gunvor Targets Export Infrastructure Expansion  03/12/10

Source: Nefte Compass
Gunvor International, which has grown rapidly into the world's third-largest oil trader on the back of its Russian business, has identified "export infrastructure" as a key area for expansion. But the Dutch-registered trader will avoid competition with Russia's national pipeline operator Transneft, particularly at the new port of Kozmino on the Pacific coast, Gunvor co-owner Torbjorn Tornqvist tells Nefte Compass.

HHLA considers cutting capacity  03/12/10

Source: www.ft.com
The downturn has now become so serious that HHLA – which is publicly listed but controlled by Hamburg’s state government – is considering taking capacity out of use...

Panama Canal sees slow revenue growth as sea trade lags 03/12/10

Source: http://www.cargonewsasia.com
After weathering the financial and economic crisis that crippled global trade, the Panama Canal expects to see a modest rise in revenue this year as the recovery takes time to filter through to the shipping industry...

European shippers' leader seeks carrier stability 03/15/10

Source: http://www.joc.com
The European Shippers Council elected Jean Louis Cambon, head of Michelin Tire’s Ocean Management Committee as the new chairman of its Maritime Transport Council this week...

Shipping sector likely to stay volatile this year: report  03/15/10

Source: www.business24-7.ae
As profits continue to fall in major US and European shipping companies, the industry is being warned that volatility is set to continue in 2010...

Smoother water for container ships 03/16/10

Source: www.ft.com
The scene in Europe’s container ports has changed subtly in recent weeks. The sector has found itself coping with an unexpected surge in traffic...

Ocean carriers boost Asia-Europe capacity 03/17/10

Source: http://www.joc.com
Ocean container carriers are significantly boosting cargo capacity on Asia-Europe shipping lanes for the first time in 18 months, threatening to reverse recent strong gains in freight rates...

Maersk Exec Says Container Shipping ‘Fragile' 03/25/10

Source: http://www.joc.com
The global container shipping industry should go slow in bringing back to service hundreds of ships idled during the recession, otherwise the sector will extend losses which are estimated at $15 billion in 2009, a Maersk Line executive warned on Wednesday.

Sales of transport enterprises down 21% in a year 03/25/10

Source: http://www.balticbusinessnews.com/
According to Statistics Estonia, the sharp decrease of freight volume of transport enterprises in Estonia continued in 2009. The freight turnover decreased by 13% and the economic crisis affected remarkably the road transport enterprises. Passenger transport did not change significantly.

Maersk sells three large container vessels to Sweden 03/24/10

Source: http://www.shipgaz.com/news/

Wärtsilä and Samsung to develop LNG-fuelled ships 03/22/10

Source: http://www.shipgaz.com/news/

DP World profits tumble 30% 03/24/10

Source: http://www.ft.com/

First Nord Stream Pipelay Vessel Enters Baltic Sea 03/26/10

Source: http://www.nord-stream.com/

Krasnoye Sormovo Shipyard Launches "Japetus" 03/29/10

Source: http://www.setcorp.ru
Nizhniy Novgorod, March 26, 2010. Krasnoye Sormovo Shipyard launched a tanker with the deadweight of 5600 tons for Moorpark Ltd. Company (Cyprus). The tanker is named ‘‘Japetus ".

Korea dethrones China in shipbuilding orders 03/29/10

Source: http://english.chosun.com
Korea regained its top spot in the global shipbuilding industry, beating out China in terms of new orders in the January to February period...

Asian ocean carriers slashed fleets 03/31/10

Source: http://www.joc.com
A number of Asian carriers significantly trimmed the number of containerships they own over the last 15 months as they sought to reduce exposure to the fragile liner shipping markets...

What's the best-case scenario for dry bulk?  03/31/10

Source: www.thestreet.com
Within the last year or so, more and more of the world's iron ore trade has moved from the annual-contract system to the spot market, a more lucrative model for miners...

Container market stirring as lines adjust capacity 03/31/10

Source: http://www.businesstimes.com.sg
The container market is starting to stir again after months of quiet consolidation, with lines shuffling capacity around and shippers starting to complain about rising rates...



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