Editorial:Owners turn a blind eye. Earnings in the bulk trades have never been better, but many owners have turned a blind eye to what will inevitably happen – the end of the cycle.

Chemical carrier over-supply likely. Near term prospects in the chemical carrier market is not altogether promising as fleet growth is expected to outstrip demand in the next couple of years, maybe sooner.

Frederikshamn, Denmark: A new beginning after the loss of two shipyards. The Port of Frederikshavn on top of Jutland was turned upside down over the last couple of years: the closure of two shipyards, massive job losses, the loss of a domestic coaster fleet, new ownership, and a new way of maritime life are just some of the recent events that have shaken Frederikshavn and its port. Despite all the negative developments, however, the town and its port have landed on their feet and are back in business, with everyone working hard to make up for the past losses.

Esbjerg, Denmark: From road to sea – without any luck. – A very very good idea which we have put on hold for the time being, says Ole Ingrisch, Managing Director of Port of Esbjerg.

Copenhagen, Denmark: Cruise sets new records. Copenhagen Malmö Port (CMP) can look back on another record-breaking season in Copenhagen.

Aarhus, Denmark: Better conditions for a growing port. The Aarhus City Council has taken a major decision in connection with the Port of Aarhus which is principally owned by the Council.

Estonia: Heavy investments in Estonian ports. The turnover of goods in Estonian ports has been growing; as a result some ports are building new quays and also two totally new ports are being built.

First vessel in Sillamäe. This year the first stage of the brand new Port of Sillamäe will be completed: breakwater, seven quays and a railway station.

The white ferry “Scania” decorates this pittoresque view from the town of Ventspils.

Latvia: Growth in large and small ports. BThe President of Latvia discussed cooperation in the area of transit during her state visit to Kazakhstan in the beginning of October. The plan is to send oil from Kazakhstan to the sea through Latvian ports and the President of Kazakhstan promised to negotiate this with Russia as well.

The larger ports are dominating. There are more than 50 ports in Finland handling international traffic. Despite this, shipments are concentrated to the largest ports and in 2003, ten ports handled 68 per cent of Finland’s total sea-borne trade.

Germany: Change could spell trouble. German seaports continue to grow and thrive, but so too does their frustration over major issues.

Lithuania: Record year in Klaipeda

Norway: Many ports, diverse functions

Norway dreads a major oil spill

Spectacular container growth at Larvik

No 24/2008

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