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Over-capacity builds up in transpacific container trade

The addition of substantial new vessel capacity is widening the gap between supply and demand in the transpacific container trade, according to World Liner Supply, a quarterly reporting service of the ComPairData global liner shipping database. The results of the July 2001 World Liner Supply survey show that transpacific shipping lines have expanded capacity by 9 percent between July 2000 and July 2001, despite the slowdown in trade volumes. Total trade capacity has risen to slightly over 205,000 TEUs a week (equivalent to a yearly one-way capacity of 10.7 million TEUs) this month, from about 189,000 TEUs a week (equivalent to 9.8 million TEUs). The carriers that have added the most capacity during the last 12 months are the Grand Alliance lines (Hapag-Lloyd, NYK, OOCL and P&O Nedlloyd), Maersk Sealand and the non-alliance carriers such as Zim Israel Navigation and Wan Hai. During the last 12 months, the five largest alliance and carriers groups - the New World Alliance, the Grand Alliance, the COSCO/"K" Line/Yangming alliance, the United Alliance and Maersk Sealand - further increased their share of the entire trade's capacity. The five major carrier groups now have 73 percent of the total capacity, up from 72 percent last July. These are just some of the highlights of the latest World Liner Supply reporting service, which tracks the capacity, frequency and partnership changes of all the liner carriers and their ships


Crowley Announces Restructuring

Crowley Maritime Corp. is planning a significant strategic restructuring that will result in a more decentralized ocean cargo transportation company once the sale of its South America liner services to Hamburg Sud is complete. Having completed this assignment, P. Elliott Burnside will leave the position of president of Crowley American Transport to establish his own industry consulting service, which Crowley will utilize


Report: Three Carriers Dominate TransAtlantic Trade

Three new carrier groups now control 58% of the total capacity in the transatlantic container trade, according to World Liner Supply, a new quarterly report from the compairdata.com on-line shipping database. The fourth quarter 2000 issue of World Liner Supply shows that the merger of services and the combination of smaller carrier groups has led to a substantially higher market concentration in the North America/northern Europe container trade.


China Starts Building First Luxury Cruise Ship

Xiamen Shipbuilding Industry Co. to build a 2,000 passenger capacity cruise ship for Beijing-based Shan Hai Shu Group China has begun construction on its first large luxury cruise liner, which is included in a package of projects aimed at boosting the tourism and shipping industries of a coastal city whose ports are primarily used to handle manufactured goods for export, reports 'What's On Xiamen'. The Southeast China International Shipping Center package includes 10 projects led by


EC OKs P&O, Royal Nedlloyd Split

The European Commission approved, pursuant to the Merger Regulation, a proposed transaction by which the British port operator P&O and the Dutch liner shipping company Royal Nedlloyd reorganize their common activities in the container liner shipping business. In 1996 Royal Nedlloyd NV and Peninsular and Oriental Steam Navigation Company (P&O) transferred all their respective activities in containerized liner shipping services to a newly created joint venture called P&O Nedlloyd (PONL)


Queen to Name QM2

Cunard is delighted to confirm that Her Majesty The Queen will name the company's new flagship Queen Mary 2 at a ceremony to take place in Southampton, England, on Thursday, January 8, 2004. Her Majesty will be accompanied by His Royal Highness The Duke of Edinburgh. The launch will be a milestone in British maritime history and will be a major event of worldwide interest. According to Pamela Conover, president of Cunard Line: "This will be an historic occasion in the true sense of the word


Crowley Promotes Clapp and Brown

Rinus Schepen, Senior Vice President and General Manager of Crowley's Latin America services announced that Rob Clapp has been promoted to Director of Pricing and Yield Management and Brad Brown has been promoted to Director of Finance for the Latin America liner services group. Both will remain domiciled in Jacksonville and report to Schepen. In his new position, Clapp is responsible for all contract administration, pricing and yield management activities


CMA CGM Improves US East Coast Port Coverage

CMA CGM improves the US East Coast port coverage of its CAGEMA service. The CMA CGM Group is pleased to announce the reshuffling of its CAGEMA Main Liner service, linking the United States East Coast and the Caribbean, effective 9th September 2011. The modifications will be as follows: *The addition of two direct calls to New York and Jacksonville, enhancing port coverage of the US East Coast. * The ports of Castries (Saint Lucia), Port of Spain (Trinidad and Tobago)


Wärtsilä Unveils New Cylinder Lubricating System

Wärtsilä Corporation has introduced a new, electronically-controlled cylinder lubricating system to meet the demand for lower cylinder oil feed rates: the Pulse Lubricating System (PLS). Developed for application in Wärtsilä RTA and RT-flex low-speed marine diesel engines, it delivers reduced cylinder oil consumption without compromising piston-running reliability. The Pulse Lubricating System makes it possible to reduce the cylinder oil feed rate compared with the existing


New REX Service Connects Germany With Russia, Finland and Poland

From the beginning of May, Hapag-Lloyd will be offering a new express connection from Germany to the Baltic region. The Russia Express Service (REX) links Hamburg and Bremerhaven, the two major North German hubs in Hapag-Lloyd's worldwide service network, directly with Russia, Finland and Poland. The two vessels used on REX each have a capacity of 1,400 TEU and meet the highest standard ice-class. They call weekly at the ports of Bremerhaven, Hamburg, St


Hapag-Lloyd, CSAV Merger Finalized

Michael Behrendt, Chairman of the Executive Board of Hapag-Lloyd (left), and Oscar Hasbún, CEO of CSAV, today at Ballin House (Hapag-Lloyd headquarters) in Hamburg after the signing.

Hapag-Lloyd and CSAV binding agreement signed / In return for contributing its container business, CSAV becomes new core shareholder of Hapag-Lloyd / Hapag-Lloyd becomes the world’s fourth-largest liner shipping company Hapag-Lloyd AG and Compañía Sud Americana de Vapores


Cargo Sits Waiting a Fortnight in Asia: Analysts Seek Reasons

Slow steaming & Lay-up impacts: Image courtesy of Drewry Maritime Research

Jochen Gutschmidt, head of global transport procurement at Nestle, asked the Global Liner Shipping Conference in Hamburg last week: “Why is cargo waiting in Asia for two weeks?” Using data from Drewry’s latest 'Container Forecaster', just published


Concordia Captain Tried to Blame Wreck on Electrical Blackout

Costa Concordia (Photo courtesy of Boskalis)

The captain of the Costa Concordia tried to persuade the crisis coordinator of the cruise line to pretend an electrical blackout had caused the shipwreck, a court was told on Monday. The luxury liner hit rocks as it sailed close to the island of Giglio in January 2012


Crowley Acquires Ship Management Company

 Crowley Maritime Corporation announced today that it has acquired majority ownership of Accord Ship Management (HK) Limited and Accord Marine Management Pvt. Ltd. The Accord acquisition will be managed by Crowley’s ship management group


WSS Makes Key Asia Pacific Appointments

Hege Solstad: Photo WSS

Wilhelmsen Ships Service (WSS) advises that it has strengthened its Singapore-based management team with the appointment of Ms. Hege Solstad as Regional Director, WSS Asia Pacific, and Harald Lundestad as General Manager in the Singapore office.


LTM Crane Shipped Via the Ostuferhafen

Project load business gains ground in Kiel

The number of heavy cargo and project loads being handled in Kiel using the port’s efficient port cranes or RoRo ramps is on the rise. The latest example has been what is currently the most up-to-date telescopic mobile crane to be built by the firm of Liebherr


Hamburg Süd: Business is Well Despite Market Conditions

Photo: Hamburg Süd

Overview of Hamburg Süd growth Growth in the global economy and containerized transportation by sea in 2013 was slightly below the level of the previous year. Once again, available global slot capacity outpaced container transport volume as deliveries continue to exceed the level of scrappage


German Ships Well-Met in Gulf of Aden Encounter

Hessen & AIDAdiva: EUNAVFOR photo

It’s not every day that passengers on board a civilian cruise liner would get so close to a warship on operations that they could wave to each other, but this is just what happened when the German cruise liner, AIDAdiva, with over 2,000 passengers on board


Latest DoD Contracts: Drydocking & Dredging

USNS Laramie: USN Photo

Amongst the latest US Department of Defense listing, Detyens Shipyards has been awarded the dry-docking contract for Navy oiler USNS Laramie, and Mansen Construction has been awarded a US West Coast dredging contract. Details as follows: Ship repair contract


ABS Approves GTTNA’s LNG Bunker Barge Design

Image courtesy GTTNA

Houston-based GTT North America (GTTNA), U.S. subsidiary of French engineering and technology company Gaztransport & Technigaz SA (GTT), has received approval in principle (AIP) from ABS for the design of a 2,200 cubic meter liquefied natural gas (LNG) bunker barge


Macro Sensors Gauge Tank Volume Changes

This diagram shows the LVDT level sensor attached to the side of a tank using a flat-hook assembly. The high-permeability core follows the position of the stainless-steel float. The LVDT electronics sense the core position using magnetic induction. Output is a 4 to 20-mA instrumentation current loop corresponding to the position of the core in the LVDT body.

Configured with a float, Macro Sensors HSIR Series LVDT Linear Position Transmitters are serving as level sensors to measure liquid level changes from a few inches to several feet in gauging tank level volumes. In this LVDT level sensor configuration


Passenger Medevaced from Cruise Ship

U.S. Coast Guard photo by Michael Reggio

The U.S. Coast Guard (USCG) reported that its boatcrew from Station Mayport in Atlantic Beach medically evacuated an injured Carnival Fascination cruise ship passenger near Atlantic Beach Saturday evening. According to the USCG, one of the cruise liner’s onboard doctors requested a


Seaspan Accepts Containership Delivery

Seaspan Corporation announced that it accepted delivery of a 10,000 TEU containership, the Hanjin Buddha, which was constructed using Seaspan's fuel-efficient SAVER design. The new containership, which was constructed by Jiangsu New Yangzi Shipbuilding Co., Ltd


Rickmers Charter Out Two Panamax Container Ships

A Maersk Containership: Photo courtesy of the owners

Rickmers Maritime, inform it has chartered out to Maersk Line the container ships 'Henry Rickmers' (formerly 'Ital Fastosa') and 'Richard Rickmers' (formerly 'Ital Festosa'), each of them 3,450 TEU panamax-size container ships. Henry Rickmers will be delivered to Maersk Line this week and Richard


APM Slashes Out-of-Service Days

Diamond wire saw - Lo res (600x800).jpg

Removing a 132 metric ton engine from an 11 deck luxury cruise liner whilst it’s in-service may sound impossible, but that’s exactly what marine engineers Atlantic Pacific Marine (APM) did in February. The company teamed up with wire sawing experts Drillcut (UK) Ltd


 
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