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"It is important for USL, in breaking into the Australian market, to have a secure terminal relationship in place that will deliver surety of ship turnaround and cargo flows," he says. "We aim to create relationships with shippers and customer service standards that are second to none, and if we wish to deliver these qualities in the Australian marketplace we need to establish integrity in our sailing schedule.

The newbuilding is named after Mr Mærsk Mc-Kinney Møller's late wife, Emma, who passed away in December last year. Just as Emma Mc-Kinney Møller was a person others held in high regard, the vessel EMMA MÆRSK will set her mark. As the world's largest container vessel she will set new standards for safety and environment. Environmentally friendly silicone paint covers the hull of the vessel below the waterline ¨C reducing water resistance and cutting the vessel's fuel consumption by 1,200 tonnes per year.

The service will be operated in association with Team Lines, the Hamburg-based short-sea specialist. As a result APL will also gain access to capacity on Team Lines¡¯ services between Hamburg, Bremerhaven and Finland (Helsinki), Latvia (Riga), Estonia (Tallinn), Gdynia and Klaipeda.

Iron Fuzeyya is the second of seventeen vessels that Quintana Maritime has agreed to acquire from Metrobulk, an unaffiliated seller. The remaining fleet to be delivered to Quintana includes three 76,000-dwt Panamaxes and twelve 83,000-dwt Kamsarmax bulkers. The anticipated delivery schedule is outlined in the fleet table below. All seventeen vessels are sister ships built at Tsuneishi. Kamsarmaxes are a Panamax sub-class that have more carrying capacity than typical Panamax designs. Once all Kamsarmax vessels are delivered, Quintana believes it will control approximately one-quarter of the actively trading Kamsarmax fleet.

The Asia-East Coast will be an excellent addition to Port of Savannah's strong line-up of Asian services, said Marchand. "The Grand Alliance and New World Alliance will help meet a growing international demand for the excellent services provided by the Georgia Ports Authority."

The new cranes are capable of lifting one container over five and can straddle seven rows of containers. They all have 16 wheels, and can lift up to 40 tonnes. They will be deployed on Trinity Terminal, one of Europe's longest continuous quays, at nearly 3km in length.

The hybrid transfer crane is the first hybrid type transfer crane developed in Japan. Energy generated when lifting containers is saved in an electric storage device and recycled. Both fuel consumption and CO2 emissions will be reduced by 40 percent. Additionally, the size of the engine generator has been reduced in order to minimize noise during the loading operation.

The order of super-sized containerships is in line with Hanjin's mid-to-long-term strategy to lead the global shipping market increasingly dominated by large vessels.

SHI has so far received 66 orders worth a total of US$10.1 billion. Last year, it had received a total of US$7.7 billion of orders. SHI also has backlog orders of US$20 billion, which is equivalent to more than three years of construction work.

While the US economy is declared to be healthier and gaining momentum, the mood in the maritime industry is uneasy and shippers are feeling vulnerable, according to a new survey. Undercurrents of pessimism are very much in evidence, despite upbeat indications of the national economy's performance.

Container shipping has gone through the worst market slump in its history of peaks and troughs, but despite the huge downturn in demand and the dilemma of overcapacity, new names are beginning to emerge in the industry, showing there is some faith still that the rebound has already started.

Slow steaming on a particular Asia-Europe trade can save a shipping line in excess of US$10 million in fuel costs but this means berthing windows need to be changed and this is not so easy in Europe, unlike in Asia, reports Correspondent Paul Richardson

With 110 million tonnes of sea-borne cargo handled in 2009, a year impacted by the global economic and financial markets crisis, the port of Hamburg fell short of the previous year's result by around 30 million tonnes, down 21.4 percent.

The government is contemplating a cut in scanning fees at Chittagong Port on requests from importers and exporters, who claimed that the exorbitant charges were hindering their competitiveness in the global market, the Bangladesh Financial Express reported.

US lawmakers are set to embark on a rethink of the controversial 100 percent rule, which requires all US-bound cargo containers loaded onto ships to be scanned for nuclear materials before they leave their port of departure, Europolitics reported.

The spot rate for container shipping on the Asia-Europe route is likely to rise to US$2000 per TEU in two months as carriers plan to take out more capacity following the Chinese New Year due from the middle of this month, the Hindu Business Line reported.

Port Klang Authority (PKA) has said it will not extend a three-month grace period on enforcing changes to rules that require shippers to pay storage charges for full-container load (FCL) cargo at Port Klang after 72 hours, Business Times reported.

ZIM has announced that it will implement a general rate increase in cross-Suez trade effective March 1, 2010.

International Container Terminal Services (ICTSI) recently serviced the largest vessel to dock in the Philippines, the APL Bahrain, which called at two of ICTSI's Philippine terminals: the New Container Terminal-1 (NCT-1) in Subic Bay Freeport, and the Manila International Container Terminal (MICT), ICTSI's flagship operations, in the Port of Manila.

Import cargo volume at US container ports will be grow by 25 percent during the first half of 2010, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.