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
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
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
‘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
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
Samskip has completed the acquisition of Euro Container Lines AS, building on a strategy for growth in the Nordic area to make its largest ever acquisitive move in Norway. The ECL acquisition aims to strengthen Samskip’s position in the Norwegian market by enhancing the speed and
Algeciras Bay Port Authority in southern Spain has put up a tender for its third container terminal, and China's Cosco Shipping Ports is already being mentioned as a fore runner candidate, says a report by Caixin. According to port authority
APL today announced the launch of a new weekly service - the India Pakistan Europe (IPE) Service, directly connecting the key South Asian markets of India and Pakistan to major ports in Europe. The new IPE service builds on APL’s strong market presence and local expertise in India and
The U.S. Coast Guard announced Tuesday the publication of the final rule concerning Transportation Worker Identification Credential (TWIC) reader requirements. The rule requires owners and operators of certain vessels and facilities regulated by the Coast Guard to conduct electronic inspections
Environmental regulations for ships are getting more stringent, but automated sensor technology could help ship operators remain in compliance. The recent agreement signed in Paris, at the UN Climate Change Conference, will require all industries to keep reducing their greenhouse gas
Satcom Global, a maritime satellite communications provider, and Intellian, a satellite antenna developer and manufacturer, have signed a strategic partnership agreement covering the global supply and distribution of maritime satellite equipment.
Classification society Lloyd's Register has bestowed the "ECO Notation" designation on the new Carnival Vista, marking the first Carnival Cruise Line ship to achieve this distinction. The notation recognizes that the cruise line designed
Japan and the Philippines have begun talks for the transfer of two large coast guard ships to Manila, to help patrol the disputed South China Sea, a Japanese foreign ministry official said on Friday, as part of a deal on defence equipment.
In order to improve the reliability of its service, CMA CGM has decided to review the port coverage of FAL 1. As from m/v CMA CGM JULES VERNE voy. 115 FLE, FAL 1 service will no longer call the port of Zeebrugge. Last vessel calling Zeebrugge will be m/v CMA CGM VASCO DE GAMA voy
The bunkering of the Ternsund was initiated today in Rotterdam, marking the first seagoing vessel to bunker liquefied natural gas (LNG) at the port. As a result the brand new product tanker of the Swedish shipping company Terntank also receives the first Rotterdam 'LNG bunkering
The downwards trend line in Asia-Europe spot freight rates has finally been reversed, as data from World Container Index Shanghai-Europe reveals. Whereas the first four months of 2016 saw 50% or larger reductions in freight rates and record-low spot rate levels
ClassNK has released the latest version of its design support software PrimeShip-HULL (HCSR) Ver.3.5.0., developed in response to the IACS Common Structural Rules for Bulk Carriers and Oil Tankers (CSR BC & OT). In addition to improved overall performance and usability
The American Waterways Operators (AWO) will hold Subchapter M information sessions open to both members and nonmembers at its summer regional meetings in Portland on August 10, in Pittsburgh on August 17 and in New York on August 24.
China's Supreme Court said on Tuesday people caught illegally fishing in Chinese waters could be jailed for up to a year, issuing a judicial interpretation defining those waters as including China's exclusive economic zones. An arbitration court in The Hague ruled last month that China had no
Europe’s largest port is the latest to allow the GAC EnvironHull’s eco-friendly hull cleaning system to operate in its waters. The launch of HullWiper at Rotterdam, widely acknowledged as a pioneer in innovation and shipping technology, was marked by a panel discussion