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New Record

Ice Free Arctic?

Photo Credits: NASA/Kate Ramsayer

 Arctic melting slowed enough in midsummer that scientists don't expect this year's sea ice minimum to set a new record. This year’s melt season in the Arctic Ocean and surrounding seas started with a bang, with a record low maximum extent in March and relatively rapid ice loss through May.    The melt slowed down in June, however, making it highly unlikely that this year’s summertime sea ice minimum extent will set a new record.   “Even when it’s likely that we won’t have a record low, the sea ice is not showing any kind of recovery. It’s still in a continued decline over the long term,” said Walt Meier, a sea ice scientist at NASA’s Goddard Space Flight Center in Greenbelt, Maryland.   Walt added: “It’s just not going to be as extreme as other years because the weather conditions in the Arctic were not as extreme as in other years.”   “A decade ago, this year’s sea ice extent would have set a new record low and by a fair amount. Now, we’re kind of used to these low levels of sea ice – it’s the new normal.”   As scientists are keeping an eye on the Arctic sea ice cover, NASA is also preparing for a new method to measure the thickness of sea ice – a difficult but key characteristic to track from orbit.  


SMET Sets Record

Superior Midwest Energy Terminal (SMET) in Superior, Wis., loaded 2,548,173 net tons of coal in July, a new record for the most coal to be shipped by a single dock in one month in the entire history of Great Lakes shipping. The previous peak was 2,468,619 net tons loaded at the Chesapeake & Ohio dock in Toledo in October 1946. Before that, the record was held by Sandusky - 2,200,737 net tons in October 1944. For the season, coal loadings at SMET stand at 8,208,187 net tons


Posidonia in Retrospect

The recent Posidonia 2012 went out with a bang, (not with a whimper) according to the expo organizers It seemed the whole world revolved around Posidonia 2012 which has closed with a bang, setting a new record in terms of visitor numbers and number of countries represented in a stellar week which also saw the signing of many deals and partnerships on the floor of the Metropolitan Expo. Αlmost 19,000 visitors from 92 countries attended Posidonia 2012


Petrobras Sets Record in Brazil

  Consolidated Oil and Gas Petrobras in Brazil and abroad, production amounted to 2 million 795 thousand barrels of oil equivalent per day (boe) in October. This volume was 0.5% higher than in September, which was 2 million 781 thousand boe. Oil production in Brazil grew by 0.4% compared to September, and reaches a new high. Oil production from Petrobras in Brazil reached in October average of 2 million 126 thousand barrels / day (bpd), 0


APM Terminals Mumbai Hits Record Throughput

APM Terminals Mumbai

  APM Terminals Mumbai established a new record for Indian ports by handling a total of 2.01 million TEUs during the Fiscal Year of 2014-15, representing the period between April 1, 2014 to March 31, 2015.   APM Terminals Mumbai is one of three terminals currently operating at Jawaharlal Nehru Port (JNP), India’s largest container port, accounting for 45% of JNP’s throughput, and approximately 20% of India’s total container traffic.  


Vale: Q4 Iron Ore Output a Record

Brazilian miner Vale SA said on Thursday it produced 88.4 million tonnes of iron ore in the fourth quarter, a new record for the company.   The world's largest producer of the steel-making raw material also produced 82,700 tonnes of nickel and 1.59 million tonnes of coal in the period.   For full-year 2015, Vale produced 345.9 million tonnes of iron ore and 291,000 tonnes of nickel.     (Reporting by Jeb Blount and Luciana Bruno; Editing by Mark


Maersk Containership Is Largest To Call U.S.

History was made by Maersk Lines last June when the Line's containership, Susan Maersk sailed into the Port of Long Beach, Calif. on its maiden voyage - establishing a new record as the largest ever to call a U.S. port. Measuring twice the length of the Washington Monument, wider than the Panama Canal and equal in length to about four football fields, the 6,600 TEU vessel was deployed into Maersk's Asia/U.S. West Coast TP6 Service.


Record Freight Throughput Year at Port of Antwerp

Container Terminal: Photo credit Port of Antwerp

Freight volume was up by 3.5% to 190.6 million tonnes which represents an increase of 3.5% compared with 2012 when the volume came to 184.1 million tonnes, making 2013 a new record year for Belgium's principal port. The previous record dates from 2008, the last year before the global financial crisis. The main driving force behind the growth in volume was liquid bulk, with the container volume being slightly down as a result of the continuing recession.


Baltimore Port Shipments Hit New Record

Pic: Helen Delich Bentley Port of Baltimore

 Helen Delich Bentley Port of Baltimore's public terminals shipped a record 9.74 million tons of general cargo in the 2015 fiscal year ending June 30, it said Monday. That was up about 1.5 percent from 9.6 million tons in 2014.   General cargo includes automobiles, forest products, farm equipment and construction machinery. It also includes containers, a key point of emphasis lately for port officials trying to grow traffic.  


Baltic Index Hits Record Low for 12th Straight Session

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying industrial commodities, plunged to a new record low for the 12th straight session on Wednesday amid concerns over vessel oversupply and low demand.   The overall index, which gauges the cost of shipping dry bulk including iron ore, cement, grain, coal and fertiliser, fell five points, or 1.38 percent, to a low of 358 points.  


Battles and Building Blocks in Liner Market

Table: Clarksons Research

 Clarksons Research has released 2016 liner market review. After another year of extremely difficult market conditions, many would forgive liner sector players for an air of resignation.    However, despite a challenging freight market


Panama Canal Sets Daily Tonnage Record

File photo: Panama Canal Authority

In February 2017, the Panama Canal set a new daily tonnage record of 1.18 million Panama Canal tons (PC/UMS) after welcoming a total of 1,180 vessels through both the expanded and original locks, the Panama Canal Authority reported. The previous record was established the month prior in January


DNV GL Releases New Issue of Cruise Update Magazine

Photo: DNV GL

 In conjunction with Seatrade Cruise Global, DNV GL has published the classification society’s latest Cruise Update magazine. It features outstanding projects with customers, interviews with industry leaders, and technology trends in the cruise sector.  


Arctic Ice Sets New Record Low for Winter

Photo: NOAA

The extent of sea ice in the Arctic Ocean has set a new record low for the wintertime in a region strongly affected by long-term trends of global warming, U.S. and European scientists said on Wednesday.   Sea ice around the North Pole expands to its biggest extent of the year in February or


Tuco to Deliver Net Cleaning Boats for Fish Farming

Image: Tuco Marine

Following vessel deliveries to the offshore business and governmental organizations in Norway, Tuco Marine will now also deliver to the Norwegian Aquaculture industry. Two ProZero 15m boats have been sold as high pressure cleaning boats to Norwegian AKVA Group.  


Tough Times in Shipping Fleet Demolition

 Strong demolition has been a prominent feature of the shipping industry this year, as challenging market conditions continue to drive a significant supply-side response in a number of sectors, says Clarksons Research.   Across the total shipping fleet


North Asian MR Rates Rise on Strong Winter Demand

© Igor Terekhov / Adobe Stock

The medium range (MR) tanker market in the North Asia has firmed this week, with rates recovering from last month’s lowest levels in 2016 as charterers rushed to fix an influx of fresh cargoes before the holiday season. Rates for the key South Korea-Japan route grew by $20,000 w-o-w to $290


Bulk Carrier Secondhand Sales Booming

 The festive season is here, so shoppers are out and looking to buy. However, when it comes to the bulk carrier sale and purchase market, business has been booming throughout 2016, says Clarkson Research Services.   The depressed earnings environment and limited availability of finance


Ports of Stockholm Container Volume Zoom

Container Terminal at Frihamnen Photo Ports of  stockholms

A new record has been set for the number of containers transported to the Container Terminal at Frihamnen. Never before have so many containers been transported by sea directly to the strongest growing capital city region in Europe and Sweden's largest consumer market.


Transshipments at Port of Gdansk Exceed Last Year's Record

Photo: Port of Gdansk Authority SA

 2016 is not yet over, but the volume of transshipments is already higher than in the previous record year, being currently estimated at more than 36.3 million tonnes.    This is a result which, until recently, would have been out of reach for any Polish port


Fresh Hopes in Container Shipping: Alphaliner

Table: Alphaliner

 The new year brings with it fresh hopes for a recovery in container shipping although the market remains fundamentally imbalanced, says an Alphaliner report.   A slew of new records were set in 2016 but most of them marked new lows for a container shipping market that continues to


2016 Liner Market Review

Table: Clarksons Research

 After another year of extremely difficult market conditions, many would forgive liner sector players for an air of resignation, according to Clarksons Research.   However, despite a challenging freight market, charter rates remaining firmly in the doldrums and a major corporate


Dunkirk's Volumes Rise

Container Terminal Photo Port of Dunkirk

Annual traffic for 2016 was over 46.7 MT, an increase of 0.3% compared with 2015. However, the port of Dunkirk did not escape the effects of the economic climate in 2016, which included the technical shutdowns, for maintenance, of the ArcelorMittal steel works blast furnace No


Gothenburg Port volumes Rise

Good year for new cars Photo Port of Gothenburg

Freight volumes at the Port of Gothenburg rose by almost three million tonnes in 2016 - up from 38.2 million tonnes in 2015 to 40.9 million tonnes last year. Car exports-imports and energy products enjoyed a particularly successful year with rises of 15 and 12 per cent respectively


Port of Vancouver Rides High on Grain Exports

Photo: Port of Vancouver

Though overall cargo volume through the Port of Vancouver in 2016 decreased 1.8 percent to 136 million metric tons from 2015, sectors experiencing declines were offset by others that hit new records, including the bulk grain sector, according to the Vancouver Fraser Port Authority released its






 
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