The United Nations Conference on Trade and Development (UNCTAD) released its Review of Maritime Transport 2009, suggesting that the global economic downturn and financial crisis slowed growth in world seaborne trade, while an increase in the supply of vessels has kept freight rates depressed: The year 2008 marked a major turning point in the history of the world economy and trade. A tightening of credit brought about by the global financial crisis and reduced demand for goods and shipping services lead to a decelerated growth in international seaborne trade in 2008. At the same time, the supply of new vessels continued to grow. This growth was the result of vessel orders placed before the financial crisis, when the industry was still expecting continuing high growth rates in demand - which did not materialize. As the world's shipping capacity continues to increase, the industry finds itself confronted with a surge of oversupply and tumbling freight rates. These challenges are further compounded by other developments, including maritime security at sea and the need to address the climate change challenge. The Review of Maritime Transport is an annual publication prepared by the UNCTAD secretariat. Over 80% of international trade in goods is carried by sea, and the Review provides valuable statistical information on this sector as well as other transport modes. Key developments reported in this year's Review
The largest port in Europe & the largest port in Scandinavia, sign an alliance to push availability of LNG as maritime fuel. The Port of Rotterdam and the Port of Gothenburg both located within the SECA area in northern Europe where stricter rules governing sulphur in maritime fuel are due to be introduced in 2015 aim is to have infrastructure for LNG bunkering available once the sulphur regulations come into effect.
On May 12 the Star Princess arrived at Rotterdam at 9.30 a.m. With this the Rotterdam cruise season is officially opened. The ship owned by the American shipping company Princess is almost as big as the biggest cruise ship in the world; the Queen Mary 2 and had 2600 passengers aboard. It came from Le Havre and headed for Oslo the same night around seven o’clock. The Star Princess is one of the nine ships owned by Princess calling in at Rotterdam
W&O, the United States’ largest supplier of marine valves, pipe, fittings, engineered products and valve automation solutions, opened its newest facility in the Port of Rotterdam in The Netherlands, expanding global availability of products and services to better serve European and Asian customers. The new facility in Rotterdam is strategically located in the geographic center of the Port of Rotterdam complex for the efficient delivery of services and distribution of
OPDR has updated its established TANCAS service, connecting two Moroccan ports with three ports in Northern Europe. Starting on June 21 in Rotterdam, the revised service offers improved transit times while maintaining high schedule integrity. The TANCAS service links the two major Moroccan ports Tangier and Casablanca to the top 3 European ports, namely Rotterdam, Hamburg and Antwerp. OPDR will thus offer attractive possibilities for customers who require a reliable and direct
In 2016 the sale of bunker oil - fuel for shipping - in the Rotterdam bunker port diminished from 10.6 million m3 to 10.1 million m3. There is no reason known for this decline. For the first time, ships bunkered a sea-going vessel with LNG, liquefied natural gas, in Rotterdam. Every year, some 11 million m3 of bunker fuel is supplied to vessels in Rotterdam. In Rotterdam, every imaginable fuel can be obtained in huge quantities.
RMPM has appointed Mr. Michel Heeneman as its new Rotterdam Representative in the USA. Heeneman (35) is from Dutch origin but lives since his university training in the USA. Since 1993 he worked for the Netherlands Foreign Investment Agency, Nedlloyd Flowmasters (Danzas Corporation) and Road Air/Phoenix International. The USA Rotterdam Desk will be transferred from New York to Chicago. Adress: Port of Rotterdam, 8770 West Bryn Mawr - 13th floor, Chicago, IL 60631. Tel. 001 773 867 8060
René de Vries has been appointed (State) Harbour Master of Rotterdam, taking office on 1 March 2010. That is the date on which the current Harbour Master Jaap Lems retires. The port of Rotterdam is not unknown territory for De Vries. He began his career with the Port Authority in 1982, as crew member on one of the patrol vessels. Through the years, he has progressed to his present position, as manager of the Traffic Planning & Operations department, which has 220 staff
Germanischer Lloyd has appointed a new Business Development Manager (BDM), Tom Dorsman, and a dedicated Technical Coordinator, Ruben Roeleveld, specialising in Inland Marine. Mr. Dorsman will provide a dedicated sales specialist for the inland waterway vessel (IWV) market. Mr Roeleveld will be responsible for coordinating activities between plan approval surveyors, field surveyors, business development managers and clients. Mr
CMA CGM announced changes to come on its shipping services connecting North Europe with Asia. New rotation on FAL 1: Starting in Hamburg on May 26, 2016 with m/v CMA CGM VASCO DE GAMA voy. 087 FLE, FAL 1 will include a new call at Jebel Ali on its rotation, now becoming the only service to offer connections with Middle East Gulf ports as follows: Southampton - Dunkerque - Hamburg - Rotterdam - Zeebrugge - Le Havre - Malta - Khor Fakkan - Jebel Ali - Shanghai - Tianjin Xingang
Maersk Line introduces a new service – the AE7 – on the Asia-North Europe trade and a new service – the TP16 – on the Transpacific trade. The new services will enable MSC and Maersk Line to accommodate the incoming volumes from the recently announced slot purchase
Diana Containerships has announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with CMA CGM S.A., Marseille, for one of its Post-Panamax container vessels, the m/v Rotterdam.
By majority vote, the Members of the European Parliament have agreed to include shipping in the European Emission Trading Scheme (ETS) Directive as of 2023, unless there is a comparable system agreed under the auspices of the International Maritime Organisation (IMO) by the end of 2021.
Odfjell SE today reported preliminary full year and Q4 2016 results, showing improvement in financial performance in 2016 in spite of challenging markets. Efficiency programs continue to increase competitiveness, and the balance sheet is substantially strengthened.
Six Rotterdam-based parties will investigate how sustainably generated electricity, converted into hydrogen, can be used in the production of fuels. TNO, Stedin, Smartport, Uniper, BP Refinery Rotterdam and Port of Rotterdam Authority will investigate the technical and economic feasibility of a
Container shipping company Hapag-Lloyd held the naming ceremony for its newest German flagged containership, the Cartagena Express, at the Hyundai Samho Heavy Industries shipyard in Samho, South Korea. “With the Cartagena Express, yet another state-of-the-art ship of our 10
On 23 January, the Council of Ministers adopted the Port Regulation, which concludes the procedure at first reading. The European Parliament voted on 14 December 2016. The legal act will be signed by both institutions in mid-February and published in the EU Official Journal a
Falck is due to open a new training center on the Maasvlakte in 2018. It will become an international, high-profile safety-knowledge center for public and industrial fire brigades, the offshore, maritime sector and wind industry. The first steps have been taken January 24
As part of the international trade conference "Making LNG Happen: Combining Forces for Sustainable Shipping," 80 representatives from the fields of business, politics and science visited the cruise ship AIDAprima in Rotterdam on Thursday, January 26, 2017
The Alabama State Port Authority has announced a new memorandum of understanding with the National Port Administration of Cuba, potentially laying the groundwork for future trade deals. The five-year, cooperative agreement was signed at the Tampa Marriott Waterside Hotel in
BP's oil trading business, one of the biggest in the sector, reported a rare loss in the fourth quarter after it lost a $70 million lawsuit over an oil cargo delivered to a Moroccan refinery. BP's Chief Financial Officer Brian Gilvary said due to flat trading positions ahead of a crucial
Plans to dredge the river Elbe in Hamburg must be improved before a stop order on the work is lifted, a German court ruled on Thursday, raising the risk of more delay to work to deepen Germany's biggest port and open it up to new container ships.
ClassNK has released the latest version of its design support software PrimeShip-HULL (HCSR) Ver.4.0.0., developed in response to the IACS Common Structural Rules for Bulk Carriers and Oil Tankers (CSR BC & OT). The new version incorporates the latest rule amendments to CSR BC & OT and in
The National Transportation Safety Board issued a report Thursday identifying the risks associated with the shared use of America’s Marine Transportation System by recreational and commercial vessels. The growth of both commercial and recreational vessel traffic during the last
A number of Damen Shiprepair & Conversion yards have recently or will soon achieve new ISO certifications as part of an ongoing initiative to standardize operating procedures across the group. Damen Shiprepair Amsterdam (DSAm) and Damen Shiprepair Vlissingen (DSVl) have passed ISO