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.
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
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
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
The volume of goods shipped through Rotterdam port in the first six months of 1999 reportedly fell 3.7 percent from levels recorded a year ago to 151.6 million tons.
Neptune Orient Lines (NOL) has been advised by the Port of Rotterdam that a consortium comprising NOL, Hyundai Merchant Marine, Mitsui OSK Lines, DP World and CMA CGM has been awarded the right to equip and operate the first container terminal to be developed at Maasvlakte 2 in Rotterdam. The 156 hectare terminal will have a capacity of around 4 million TEU and is expected to be operational in 2013. NOL’s share of the consortium will be 20%.
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
‘Pieter Schelte’, the biggest vessel in the world, is to be completed in the port of Rotterdam. Owner and designer Allseas and the Port of Rotterdam Authority have signed an agreement to this effect. The plan is for ‘Pieter Schelte’ to arrive in Rotterdam at the end of 2014, informs the Port of Rotterdam. ‘Pieter Schelte’ is 382 metres long and 124 metres wide. The length, in combination with the massive width
India's Ministry of Shipping has decided to rescind thirteen rules under the Merchant Shipping Act, 1958 (as amended), having found them to be obsolete and unnecessary. This in turn will declutter the legislative framework governing merchant shipping sector in India and streamline
Lloyd’s Register (LR) won the deal for classification of nine Medium Range (MR) type product tankers. Owned by Maersk Tankers, the vessels are to be built at Samsung’s Ningbo yard in China. These are the first ever vessels ordered by a Danish ship owner to the
The World Trade Organization's Appellate Body ruled against the United States on Friday in a dispute with Mexico over tuna labelling, upholding an earlier ruling issued in April that found U.S. rules discriminated against Mexico. "The Appellate Body concludes that the United States
Classification society ClassNK has released draft amendments to its rules and guidance for container carriers, with the aim of implementing more comprehensive rules for increased ship safety. The amendments were approved by the ClassNK Technical Committee in Tokyo on November 19.
Following its core strategy of continuous Africa Lines service upgrade, CMA CGM is pleased to present its latest significant improvement on its NOURA EXPRESS service connecting East Africa with Europe. Starting end of November 2015 with m/v MARIE DELMAS
Volvo Penta has launched an updated version of its D16 marine diesel engine, coming 10 years after the launch of its original version. The updated engine arrives at the same time as Europort, held November 3-6, in Rotterdam.
The Royal Association of Netherlands Shipowners (KVNR) has awarded its Shipping Award to Netherlands-based towage operator KOTUG for its next-generation ART80-32 Hybrid Rotortugs. The award was presented during the 10th Dutch Maritime Awards Gala in Rotterdam by Tineke Netelenbos
essDOCS announced that Non-Executive Board Member, Andre Toet, has been appointed Chairman of the Board of Directors, succeeding Barry Williams, who is standing down after chairing the board since 2013, having previously served a term as Chairman from 2006 to 2011.
The tariffs which visiting sea-going vessels pay in Rotterdam will increase by 0.5% next year. That is half of the past year’s inflation rate. This is in accordance with the three-year agreement made last year between Deltalinqs, VRC
Nasdaq-listed Greek dry bulk shipowner Globus Maritime has received notification from Nasdaq indicating it is in breach of Nasdaq Global Market requirements because the closing bid price of the company’s common stock has been under $1 for the last 30 consecutive business days.
MTG, a Spanish company specializing in the design and production of wear parts for earthmoving machinery, has introduced its latest solutions for the dredging market at the Europort exhibition in Rotterdam. According to MTG, its main innovation is DMet
The United States Coast Guard (USCG) has issued the rule with regard to obligation of installation of ballast water management system for the vessels engaged in U.S. waters. The rule is entitled as "Standards for Living Organisms in Ship's Ballast Water Discharged in U.S
The construction of Maasvlakte 2 has been recognized by the award of the prof. dr. ir. J.F. Agema prize, which is awarded every five years to an innovative marine engineering work that was designed or constructed by a Dutch party. The prize, the initiative of the KIVI (Royal Institute of Engineers)
Up to now, the port of Rotterdam, the largest seaport in Europe, has played a negligible role in the construction of offshore wind farms in Europe. But that is about to change. On Maasvlakte 2, Sif Group and Verbrugge International are building a dedicated offshore terminal and a production
IRClass has announced the release of new technical software, IR-CSR, for verification and compliance of oil tankers and bulk carriers against recently mandated Common Structural Rules (CSR) by the International Association of Classification Societies (IACS).