According to preliminary unaudited figures, HHLA achieved Group revenue of approx. € 1,125 million (previous year: € 1,217 million) and an operating result (EBIT) of around € 185 million (previous year: € 207 million) in the 2012 financial year. The related business conditions were characterised by both a weaker economic environment and the consequences of [...]
February 7, 2013 | Posted in
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Nine Vessels built by DSME were selected as the best ships of 2012. As a result of this year’s achievement, DSME has now had more than nine ships selected for the fifth consecutive year. The world’s four biggest magazines exclusively dedicated to shipbuilding and shipping select the best vessels annually. Four ships were chosen as [...]
February 5, 2013 | Posted in
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The Maritime and Coastguard Agency (MCA) announced today that nine foreign flagged ships were under detention in UK ports during December 2012 after failing Port State Control (PSC) inspection. Latest monthly figures show that there were five new detentions of foreign flagged vessels in UK ports during December 2012 and four vessels remained under detention [...]
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Just a year since its launch, Wilhelmsen Ships Service (WSS) reports positive uptake of the ‘Your Strait Solution’ initiative – an integrated service solution for vessels passing through the Straits of Gibraltar. According to Nicholai Bado, Ships Agency Service Manager, 2012 was an ‘intensive year’, with the centralisation of one dedicated team and coordination of [...]
January 22, 2013 | Posted in
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12 months on from the Costa Concordia incident, a new Allianz report identifies that 106 ship losses were reported worldwide in the 12 months to November 25 2012 – up from 91 ships the previous year but a 27 percent decrease on the ten year average of 146 ships per annum. Despite this long term [...]
January 8, 2013 | Posted in
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In the last week of 2012 the shipbuilding industry recorded 23 orders, according to Fearnleys Weekly report. Most of the contracts have been awarded to STX shipyards. Namely, BP Shipping of UK has placed an order for 3+2 Suezmax’ and 10+6 Aframax’ at STX Jinhae Shipyard for a reported price of USD 50 mill for [...]
Italian Shipbuilder Fincantieri Delivers Costa Fascinosa Costa Fascinosa, the new flagship of Costa Cruises, was delivered to the cruise line on Saturday, May 5, by shipbuilder Fincantieri in Venice, Italy. Officially handed over at the Venice Passenger Terminal, Costa Fascinosa — with sister ship Costa Favolosa — is the largest Italian-flagged cruise ship afloat. World’s [...]
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Despite the ailing economy, freight throughput in the port of Rotterdam grew by 1.7% in 2012. A total of 442 million tonnes of cargo went through the port. Hans Smits, President and CEO of the Port of Rotterdam Authority: “Although the growth is limited, it is another record for Rotterdam. Container throughput increased slightly in [...]
December 31, 2012 | Posted in
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The port of Antwerp is expected to have handled 183.8 million tonnes of freight this year. This represents a drop of 1.8% compared with 2011, when the volume was 187.2 million tonnes. All things considered, these figures are a mild reflection of the state of the economy and of the shipping industry. Antwerp’s performance was [...]
Nippon Yusen Kaisha and the Monohakobi Technology Institute (MTI), an NYK Group company, have received Japan’s 2012 Minister of the Environment Award in the technical development and commercialization categories for the promotion of measures to address climate change. The award was established in 1998 by Japan’s Ministry of the Environment and is given every year [...]