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SHIPPERS who enjoyed record low freight rates last year are now seeing the tables turned as their need for cargo space increases, with a new study reporting the first year-on-year upturn since the start of the global recession.

Average freight rates for containerised cargo remain way below the peaks of 2007, but are now showing clear signs of recov...

   

 

 

SOUTH Korea’s Hanjin Shipping is planning to raise rates on transatlantic services by a total of $900 per teu and $1,200 per feu over the course of the year.

The move, confirmed today, will comprise three quarterly rate restorations of $300 per teu and $400 per feu. They will be applied to all east and westbound shipments between North Americ...

   

 

MALAYSIA has detained four vessels on suspicion of illegally transferring oil in two separate incidents in coastal waters over the weekend, according to the Malaysian Maritime Enforcement Agency.

One of the organisation's officials said that on Saturday two vessels  were seen anchored close to each other about 3.5 miles off Penggeran...

 

Haiti needs compassion

By Lloyds List Comment

Friday 15 January 2010

 

NOBODY can fail to be moved by the pictures from Haiti now filling the world’s television screens.

 

The death toll from Tuesday’s earthquake is already thought to have topped 100,000. These people urgently need food, medical supplies, clothing, temporary accommodation and doubtless many other things, and much of it will be carried by ship.

 

Shipping is, of course, a business proposition. As the pages of this newspaper detail every day, the main thrust of industry activity centres on such quotidian concerns as moving coal and iron ore to China, consumer durables to Europe and North America, tourists around sundry sunspots, and oil to everywhere that needs it.

 

But it is also the means by which the majority of humanitarian aid reaches hungry mouths. Officially, the number one task of EU Navfor in the Gulf of Aden is not the keeping pirates away from merchant vessels using the Suez Canal, but also making sure that small general cargoships on charter to the World Food Programme are able to alleviate the famine that continues to reign across much of Somalia.

 

As the international community gears up for a major relief effort in Haiti, tonnage will need to be found to enable consignments to reach the poorest country in the western hemisphere.

 

There will also be a long-term need for project cargo, as it struggles to rebuild its pitiful infrastructure.

 

Reports suggest that Haiti’s principal port, Port-au-Prince, is a bit of a mess. Cranes have toppled into the water and the main pier has collapsed.

 

However, self-geared vessels can still make use of such facilities as still exist. Getting Port-au-Prince back into working order will obviously be a major priority.

 

In the meantime, hats off to French shipowner organisation Armateurs de France for immediately putting two vessels at the disposal of the Haitian authorities for such duties.

 

It is admittedly a big ask, but it would be nice if shipowners from other nations could also be persuaded temporarily to put standard commercial considerations to one side at this time of need.

   

 

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