A return of cautious optimism THE global recovery has been much stronger than most pundits expected.
Strait Talk
Challenges await shipping in 2011 THE shipping industry faces a labour supply under threat, piracy without a visible end in sight, new construction of doubtful quality, turbulent markets, unilateralism and protectionism, 'beancounteritis', unlimited liability and, overall, an obvious lack of leadership. At least that is the view of Clay Maitland, chairman of the North American Marine Environment Protection Association and managing partner of International Registries, the administrator of the Marshall Islands shipping register.
Shipping Times
Bangkok airport train link opens check-in services Travellers in Bangkok can now check in their luggage when boarding the city's train-to-the-plane for flights on certain Thai airlines, with most carriers opting out of the service for now.
A return of cautious optimism THE global recovery has been much stronger than most pundits expected.
Strait Talk
Challenges await shipping in 2011 THE shipping industry faces a labour supply under threat, piracy without a visible end in sight, new construction of doubtful quality, turbulent markets, unilateralism and protectionism, 'beancounteritis', unlimited liability and, overall, an obvious lack of leadership. At least that is the view of Clay Maitland, chairman of the North American Marine Environment Protection Association and managing partner of International Registries, the administrator of the Marshall Islands shipping register.
Shipping Times
Bangkok airport train link opens check-in services Travellers in Bangkok can now check in their luggage when boarding the city's train-to-the-plane for flights on certain Thai airlines, with most carriers opting out of the service for now.
A return of cautious optimism THE global recovery has been much stronger than most pundits expected.
Strait Talk
Challenges await shipping in 2011 THE shipping industry faces a labour supply under threat, piracy without a visible end in sight, new construction of doubtful quality, turbulent markets, unilateralism and protectionism, 'beancounteritis', unlimited liability and, overall, an obvious lack of leadership. At least that is the view of Clay Maitland, chairman of the North American Marine Environment Protection Association and managing partner of International Registries, the administrator of the Marshall Islands shipping register.
Shipping Times
Bangkok airport train link opens check-in services Travellers in Bangkok can now check in their luggage when boarding the city's train-to-the-plane for flights on certain Thai airlines, with most carriers opting out of the service for now.
Paul Leimgruber finishes uniting branches in Basel region The Swiss transport and logistics company Paul Leimgruber, headquartered in Pratteln near Basel, has finished merging its branches in the Basel region. With effect from the beginni...
FedEx acquires Mexican express operator Multipack The US express service provider FedEx recently acquired Servicios Nacionales Mupa, SA de CV (Multipack), a Mexican domestic express package delivery company. Founded in 1939, Multi...
Adani Group kicks off new port project The Adani Group Mundra Port and Special Economic Zone Ltd (MPSEZL) has signed a sub-concession agreement with Hazira Port Pvt Ltd and the Gujarat Maritime Board, the Indian st...
CMA CGM: 100th giant of the seas to call at Le Havre The CMA CGM group's flagship and the world's largest French-flagged containership, the "CMA CGM Christophe Colomb" recently became the 100th vessel of more than 10,000 te...
APM Terminals: safer and fewer injuries APM Terminals made a significant improvement in its safety performance in 2010, both in port and terminal operations, and with the newly merged inland services businesses, the resu...
New Ethiopian Airlines manager in Germany Ethiopian Airlines appointed Henock Lemma Nigatu as its new representative for Germany and Central Europe at the beginning of November 2010. Nigatu succeeded Esayas Woldemariam Hai...
Secondhand sales at three-year high Volume surges to 1,260 ships changing hands as spending in 2010 rises 48% to $23.4bn
Pacific spot rates dip as Australian floods disrupt cargo supply Floods ravaging Australia's state of Queensland are causing freight rates to continue dropping as large dry bulk carriers wait for the country's coal export industry to get back on its feet and create cargoes once again
Box giants tighten grip on share of global market Largest lines boosted capacity by 14% in 2010
Maersk hits back as market share falls Boxship giant vows to protect its market share as rivals MSC and CMA CGM edge closer
DryShips books more drillship deals Secures contracts worth $590m with Petrobras and Cairn Energy
US sanctions against Moallem unlikely to hinder IRISL Washington orders the freezing of the Iranian marine insurance provider's US assets
Release of impounded IRISL boxships 'imminent' Iranian owner says it has repaid outstanding money for three ships held in Singapore
Deadline set for Istanbul Deniz Otobusleri bids Deadline to buy ferry operator fixed for end of March
Israeli government to hold talks with striking dock workers Talks aimed at settling all-out strike at the country's three main ports of Haifa, Ashdod and Eilat
U-Sea Bulk weighing up merger option Dry bulk operator mulls merger with main shareholder's bulk division, Ultrabulk
Ciner Shipping to receive first handysize Bulk carrier is the first of eight vessels being built for the Turkish owner at South Korean yards this year
The year of the seafarer or the pirate? Why do naval policies encourage piracy, instead of preventing it?
Who will fill the lending gap if China cannot do it Cash is still king as banks continue to wield power over shipowners
Shell is favourite to win Cyprus gas contract Energy major tipped to win 20-year contract to supply Cyprus with gas
Japanese giants seek growth opportunities NYK, MOL and K Line cautious on recovery but seek new business growth strategies
Great Eastern Shipping in bonds sale The bonds worth $22.2m have a coupon rate of 9.7%
Parcel tanker owners condemn costly and inefficient regime Vetting is done at the shipowner's expense, without any feedback if no contract is signed
Oil majors get tough on ship vetting An overall tightening of standards is on the way as the impact of the Deepwater Horizon cascades through the industry
Oil majors' crew demands put squeeze on qualified masters Tankers operators are struggling to meet Intertanko experience matrix for senior staff
Shipping cases that made the news in 2010 From a halt to the appeal process in the Wadi Sudr case to decisions on laytime and time charters, there have been a number of far-reaching decisions this year
Chemoil seals OceanConnect deal Buys Ocean Connect's marine fuel business for $25m
Aiming at a soft target International Group of P&I Clubs raises concerns for seafarers over Venezuela's new Organic Drugs Law
Insurance sector pays the lion's share of UK financial services' corporation tax Contribution marks a substantial increase on 2007
Wider piracy risk area will raise premiums As London's Joint War Committee expands the area off the coast of Somalia which is deemed to be of high risk of piracy, it could become too expensive to send ships through this area
Opportunity knocks in Brazil Shipping industry should pay close attention to emerging South American giant
IMO newbuild emissions controls tightened Any ship ordered from January 1 needs to have reduced NOx emissions
Class NK publishes guidelines for corrosion resistant steel Guidelines come ahead of new IMO rules on crude oil tanker cargo tanks
When heart and head must work in harmony For ITF inspector Jose Manuel Ortega the human touch is a vital attribute when dealing with crews in hardship
K Line eyes solid boxship sector growth Carrier aims to beef-up competitiveness of its containership division
Peering into the future shows gradual shift in focus The next 10 years in mature economies will witness a deep re-examination of values, as well as a shift in the world towards events in Asia and away from the West
Global container fleet grows considerably The global container ship fleet grew 9.1 per cent in 2010, according to Alphaliner statistics. On January 1, 2011, the container ship fleet comprised 4,849 units totalling 14,270,000 TEUs
Global operator wants 10% cut in fuel costs NYK says coping with surplus tonnage will be harder now that 'slow steaming' is already in place.
Study sees limited prospects for Arctic sea routes Despite less ice and distance savings, study predicts no major growth in trans-Arctic shipping in the coming decade.
Bunker prices hit 12-month high Mixed demand at key Asian bunker hubs, traders say.
Dan-Bunkering appoints MD for Monaco office Managing director is a Danish native who has been in the shipping industry for 16 years.
GS Caltex invests $979 million to cut bunker fuel output Move will push up bunker prices and make South Korea bunker market less competitive, local traders say.
Top box liners boost capacity by 14% in 2010 MSC, CSAV among those who made the largest addition to their operated capacity.
Manufacturer ups support for marine fuel system products 2011 'pivotal' due to the imposition of regulatory datelines on boat builders, it says.
Indian supplier plans expansion to three ports Set to supply 180 cSt product and MGO at the southeastern ports of Tuticorin, Karaikal and Nagapattinam.
Calls to expedite cold ironing in New York cruise terminal Agreement on maintenance and operating costs still has to be reached by various government bodies.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher