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23 Mar 2017 16:54
Container shipping lines ordered to testify in U.S. sector probe

The U.S. Justice Department has ordered top executives from several container shipping lines to testify in an antitrust investigation over practices by an industry that is the backbone of world trade, the companies said on Wednesday.

The world's biggest container group, Denmark's A.P. Moller-Maersk (MAERSKb.CO), together with second largest line MSC of Switzerland, Germany's Hapag Lloyd (HLAG.DE), Taiwan-based Evergreen and Hong Kong-based Orient Overseas Container Line (OOCL) said their executives were among those who had [ ... ]

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10 Mar 2017 15:15
Shipping consolidation ahead as industry sails on from three decade lows

The shipping industry is on course for consolidation as it moves off three-decade lows, the president of drybulk shipper Genco said on Wednesday.

Anticipating a cyclical recovery to kick in at the end of this year, president John Wobensmith told CNBC's Squawk Box that a pullback in shipping supply is the main driver of the benchmark Baltic Dry Index's recovery of more than 7 percent this year.

The index, which assesses the price of moving the major raw materials by sea, hit its lowest level ever of $290 during 2016 before [ ... ]

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08 Mar 2017 19:03
Aris Messinis awarded Public Prize at Days Japan 2017

Aris Messinis spent two weeks on board the Astral reporting on rescue operations carried out to the north of the Libyan coast by the Spanish NGO Proactiva Open Arms.

This coverage has already won 3rd Prize at Pictures of the Year 2017 (POYi) in both the "News Picture Story " and "Spot News" categories.

Aged 40, he has worked for AFP since 2003, and is now based in Athens as head of photo for Greece. He has won numerous international prizes for his work in Libya and Egypt: Fotoweek 2011, Days Japan 2012, National Press Photographers [ ... ]

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06 Mar 2017 17:52
SetelHellas and Endress + Hauser joint participation at the ESW Conference 2017

The climax of the week-long series of high level events during European Shipping Week, was reached during the major Conference, which took place on Wednesday 1 March 2017, at the Steigenberger Wiltcher’s hotel in Brussels, where the key issues currently facing European and Global shipping were discussed.

Our joint participation with Endress+Hauser Group in ESW Conference, has been concluded successfully. Our executivesmet with attendees from all over Europe, at our collaborative booth and presented them live SetelHellas’ [ ... ]

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05 Mar 2017 15:09
Portgraphic: Top 15 european container ports

The portgraphic shows the top 15 container ports in the European Union in 2015 based on container throughput expressed in TEU. It also includes container growth figures compared to 2014 and pre-crisis year 2007. What can we observe?

1. The total volume of the top 15 ports saw a small traffic decline of 1.6% compared to 2014, or one of the worst y-o-y growth figures in Europe’s container history. Only the dramatic year 2009 brought a larger drop in container throughput handled by the top 15 ports (i.e. minus 13.9%). Antwerp [ ... ]

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02 Mar 2017 17:38
Carnival, Fincantieri and CSSC sign deal for two China-built cruise ships

Carnival Corporation, Fincantieri and China State Shipbuilding Corporation have signed a binding memorandum of agreement (MOA) for two of the first cruise ships to be built in China for the Chinese market.

The new agreement updates the terms of an initial shipbuilding MOA announced in September 2016, which outlined plans to construct 133,500gt ships at CSSC Group’s Shanghai Waigaoqiao Shipbuilding yard.

As part of the new MOA, China-based shipbuilding joint venture between CSSC and Italian shipbuilder Fincantieri agreed [ ... ]

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01 Mar 2017 10:24
Climate Change Could Open Up Another Arctic Shipping Route

Russian researchers find that, by the end of the century, the Northern Sea Route, which hugs the Russian coast opposite the Northwest Passage, could be navigable for more than half the year.

The Arctic is warming faster than any other region on Earth. As Arctic ice levels dwindle through hotter summers and milder winters, the region has opened up to the shipping and energy industries. A new study finds that one shipping route—the Northern Sea Route—could be navigable for more than half the year by the end of the century.

Parts [ ... ]

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22 Feb 2017 18:14
SetelHellas and Endress + Hauser participate at the ESW Conference 2017

SetelHellas and Endress + Hauser will jointly participate at the European Shipping Week Conference that will take place on Wednesday 1 March 2017, at the Steigenberger Wiltcher’s hotel in Brussels. The aim of the Conference is the discussion of the key challenges that European and Global shipping currently face. Major stakeholders of the shipping industry will come together so as to promote the influence of the current digital erain shipping business and the importance ofthe mutual consistency between Global shipping and EU [ ... ]

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