Container Shipping Service
Asian economies are leading the recovery of international container trade volumes, but strong growth across the region could see pre-recession pressure on freight infrastructure re-emerge, a senior executive of container shipping line APL told a conference in Ho Chi Minh City on May 20. “Intra-Asia is already the world’s single largest container trade,” Jason Wong, Vice President of APL’s Intra Asia trade, told the 8th ASEAN Ports & Shipping Conference. “This will continue over the long term as Asian consumer markets develop.” By 2015, Intra Asia will contribute 32% of global containerised trade, with the Asia-U.S. and Asia-Europe trades 17% and 18% respectively, according to analyst Global Insight. Wong said that along with China and India, South East Asian economies such as Vietnam and Indonesia had shown resilience to the global crisis and had continued to grow in 2010. More transportation services will be required to support the growth of freight moving within Asia, according to Wong, who identified North Asia to South East Asia as a high potential trade. To serve this market, he said, APL launched the Japan Thailand Vietnam and Korea China Straits services in 2009. Wong said freight infrastructure development must be a top priority across Asia to optimise trade flows and maximise economic growth.
Increases Company Equipment Fleet to More than 45,000 Units. To better serve customers shipping cargo between the U.S. mainland and Puerto Rico, Crowley Maritime Corporation has acquired 400 53-foot (102' wide) dry high-cube containers and 375 53-foot chassis, adding to the company's already robust equipment fleet of more than 45,000 modern units. The containers, which have a capacity of 3,931 cubic feet and 42,660 pounds, were delivered in Jacksonville last week.
Aries Maritime Transport Limited announced it has extended the existing period charter for the Ocean Hope, a 1989-built container vessel, with China Shipping Container Lines (CSCL). The extended charter is for a period of 24 months at a net rate of $13,300 per day, commencing on June 13, 2007. The Company also announced that the MSC Oslo, a 1989-built container vessel, returned to service on April 14, 2007, following the completion of works necessary to achieve the speed required
Portnews.com reported that based Cicek Shipyard has launched its first container ship. The 1300 TEU ship was named Ayse Naz Bayraktar and is due for delivery in July 2008. She is the first of two 22,000 DWT multipurpose container ships ordered from the yard by Bayraktar Shipping. The design of these two ships allows for a high intake of 9 feet 6 inches high containers and two hatches can accommodate 45 feet containers, including the 2
A sharp contraction in world trade has idled more than 200 container ships, threatening the survival of many companies, according to The Journal of Commerce. "The slump in container shipping appears certain to extend into 2010 or beyond. Some companies won't survive," said Joseph Bonney, editor-in-chief of The Journal of Commerce. Carriers operating from Asia to Europe, the world's busiest container trade route, are expected to lose up to $5b this year
The arrival of the 'M/V Westwood Pacific' at the Nanaimo Port Authority’s Duke Point terminal marks the first such berthing at the Port’s facilities and will provide a direct link to Asia. Westwood Shipping Lines operate a dedicated break bulk and container service to Asia and have been evaluating the Vancouver Island market for some time. This trial call, with express service to Japan, Korea and feeder service to other Asian ports, is expected to lead to a regular service
The Swedish paper and timber products manufacturer Svenska Cellulosa Aktiebolaget (SCA) and its transport and logistics unit SCA Transforest have been operating a regular scheduled liner service called Container Express since March 1 2010, linking northern Sweden and the Port of Hamburg. The vessel Flintercape, with a carrying capacity of 809 TEU, sails from the ports of Sundsvall and Holmsund (Umeå) in northern Sweden to Hamburg every 10 days
Port Commission approves Barbours Cut, Bayport, crane deals, new Bayport gate system. In keeping with its commitment to continue developing Bayport Container Terminal in addition to modernizing Barbours Cut, the Port Commission of the Port of Houston Authority at its May 21 meeting, awarded a nearly $50 million contract to Konecranes Finland Corporation for four electric wharf cranes at Barbours Cut Container Terminal.
Troy Container Line Ltd., an American-owned NVOCC, announced the appointment of Paul Keany as sales representative. Based in the company’s Red Bank, N.J. office, Keany has been charged with expanding Troy Container Line’s long-standing tradition of personalized service and care in New Jersey, Philadelphia and the Baltimore region. In this position, he will work closely with the company’s current clients while also establishing new relationships in the Northeast and beyond.
*Container throughput in Hamburg up by 2.1 % *Container transport grows by 9.0 % *Improvements in revenue and operating result *HHLA confirms forecast In the first half of 2014, Hamburger Hafen und Logistik AG (HHLA) increased its revenue by 5.2 percent to € 595.7 million and improved its operating result (EBIT) by 3.4 percent to € 81.4 million. HHLA has confirmed its forecast for the full year 2014.
In response to the casualty of “MOL COMFORT” which occurred on 17 June 2013, ClassNK established the Investigative Panel on Large Container Ship Safety, comprised of leading experts from shipbuilders, shipowners and academic institutions
BMT ARGOSS and BMT Surveys, subsidiaries of BMT Group Ltd, the international design, engineering and risk management consultancy, announced an innovative new service as part of its marine casualty investigation portfolio. Utilizing REMBRANDT, the simulation tool developed by BMT ARGOSS
Two large containerships collided in the Suez Canal off Port Said at roughly 5:30 local time Monday morning. The Hapag-Lloyd’s Colombo Express, a 324-meter German-flagged containership, collided with 332-meter Singapore-flagged Maersk Tanjong
Orkot Marine Bearings, developed and manufactured by Trelleborg Sealing Solutions, contribute to the build of the world’s largest and most efficient containerships, the Maersk Triple E class family, built by Korea’s Daewoo Shipbuilding.
Two leading container shipping lines United Arab Shipping Company (UASC) and Hamburg Süd have signed a global cooperation agreement after a series of discussions focused on the companies’ respective customers’ business needs, key growth areas and operational requirements
Philippine furniture maker Betiscrafts Inc should have delivered a shipment of custom-made chairs to Middle East customers last month. But a cargo from China of imported fabric needed for the upholstery has been held up by severe congestion at Manila's main port
Reported business this week has been focussed on the tanker, container and gas markets, says Clarkson Hellas in their latest S&P Weekly Bulletin. Tankships Whilst under discussion for some months, Knutsen NYK Offshore Tankers have now signed two firm plus two optional 160
Finnish end-to-end cargo operator, Containerships, has ordered two additional new, state-of-the-art, dual-fuel engine-technology containerships. This follows an order announced earlier this year for two similar vessels. With the announcement
Inchcape Shipping Services (ISS) has recently managed heavy lift vessel project for Shanghai-based heavy-duty equipment manufacturer, ZPMC in Tanzania. Last month, ISS Tanzania acted as port and discharging agents for the carrier, the Zen Hua 21 which was carrying two SSG (Ship to Shore
Port of Kiel invests in hinterland rail links. A new portal crane has arrived at Kiel’s Schwedenkai Intermodal Terminal, meaning that trains involved in rail-ship cargo handling in future will be loaded and unloaded using the new unit instead of two Reach Stackers
The MV Cape Ray, a Keystone-managed Ready Reserve Force containership that worked in the Mediterranean Sea for the U.S. Government neutralizing chemical material from Syria, will receive a special recognition on November 7 at the United Seamen's Service Admiral of the Ocean Sea (USS AOTOS) event
US Coastguard Corpus Christi inform that a rescue helicopter has medevaced the crewmember of a container ship approximately 40 miles offshore of South Padre Island. The Coast Guard's 8th District watchstanders notified the Sector Corpus Christi Command Center at around 6:30 p.m
SITC Container Lines (Thailand) Co.,Ltd was awarded as " Best Container Liner 2014 " by DITP (Department of Int'l Trade Promotion) and TNSC (Thai National Shipper's Council ) in Bangkok, Thailand on 24th/Sept,2014. This yearly- based appraisal activity was held by DITP/TNSC with
On Friday, Hamburg Süd celebrated the christening of its container ship “Cap San Antonio” at the Cruise Terminal of Le Havre, France, with customers and business partners. The sponsor is Veronika Schüller, wife of Prof Dr Stephan Schüller
Container port congestion has been hitting the headlines recently, but the reasons for it vary widely and in many cases it is only a short term issue. Certain world regions though may be at greater risk of persistent congestion in the longer term