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The Containers

COA Appoints STX Panocean's Kwon to BoD

The Container Owners Association – the international organization representing container shipping lines and container leasing companies worldwide – has appointed Mr O I Kwon, Senior Vice President – Container Business Management Division, STX Panocean Co Ltd, to its Board of Directors. Mr Kwon joins six other Directors, who represent some of the world’s largest container owners, on the Board of the Container Owners Association. “It is a great honour – both for me personally, and for my company STX Panocean - to join the COA Board,” Mr Kwon says. “This position carries considerable responsibility and I will do my best to promote the COA in Asia and to support the wide range of initiatives that the COA is working on. The COA Board comprises senior representatives from some of the world’s largest container shipping lines and leasing companies, including: Maersk Line, CMA-CGM, United Arab Shipping Company, STX Panocean, Seaco Global, Triton Container and Florens Container Services.   Its newly appointed Chairman is Michael Callus, Vice-President, Container Management, at UASC.  


Rate Increase, Transatlantic Trade

As a result of market instability in the transatlantic trade, Maersk Line is announcing the following general rate increase, effective 1 April 2009. The filed increases are as follows between Northern Europe and the East Coast and Gulf Coast of North America: •    $160 per 20 ft dry container •    $220 per 40 ft container/high cube/45 ft container/reefer The filed increases are as follows between Northern Europe and the West Coast of North


Atlantic Container Rates To Soar

Starting next year, the price to ship a container across the Atlantic ocean is to soar, as container shipping lines on the Atlantic will be seeking hefty rate increases s next year. Rates for 20 foot containers heading westbound to U.S. Atlantic, Gulf and Pacific ports would rise by $600 from January 1, 2000, carriers in the Trans-Atlantic Conference Agreement (TACA) said. For 40 and 45 ft units the increase would be $750, they said


Cargo Ship Loses Containers in Heavy Seas

The container ship Seaboard Voyager lost four of its containers approximately 18 miles north of Puerto de Tanamo, Cuba, Wednesday 2:18 p.m. Coast Guard Marine Safety Office Miami received the report from the ship's master at 11:30 a.m. yesterday that Seaboard Voyager encountered rough seas and bad weather off the Cuban coast and four containers became loose. The Coast Guard instructed the master to anchor the ship off the coast of Miami so safety inspectors could make sure the ship


More Cargo Loading Flexibility

Classification society Germanischer Lloyd (GL) is offering container carriers additional flexibility to load more containers on deck, while maintaining required safety levels.   With new route specific loading calculations, GL can assist container lines to accelerate cargo operations in ports and maintain a higher degree of loading flexibility.   Based on long-term statistical data on wave conditions, GL has developed a new class notation for route dependent container stowage


COA Appoint Panocean V-P to Board

The Container Owners Association (COA) appoints O. I. Kwon, Senior V-P, Container Business Management Division, STX Panocean, to its Board. The Container Owners Association (COA) was established in November 2004 as an international organisation representing the common interests of all owners of freight containers, worldwide. It has over 165 Members, including container shipping lines, leasing companies, intermodal operators and suppliers of a wide range of container equipment and services


Konecranes Wins Container Crane Orders to Russia

Konecranes has received orders for five ship-to-shore (STS) cranes and fourteen rubber tired gantry (RTG) cranes to three container terminals of National Container Company (NCC) in Russia. The cranes will be delivered to NCC's subsidiaries First Container Terminal (FCT) in St. Petersburg, Baltic Container Terminal (BCT) in Ust-Luga and the inland terminal Shushary. The total value of the orders is over $56.7m. The procurement of container handling equipment is part of NCC's terminal


ITCO Promotes Safe, Green Tank Containers

The International Tank Container Organisation (ITCO) will unveil a new tranche of industry knowledge on intermodal tank containers in three specialist presentations to be made at the Transport Logistic 2009 event in Munich on 12-15 May 2009. Two of the papers highlight recent studies which bring together a wide range of established knowledge to explain why tank containers are the safest, most reliable and efficient means of transporting bulk liquids, powders and gases


Hong Kong Cargo Throughput Up in Q1 2012

Hong Kong Port cargo throughput increased by 3% over a year earlier to 64.5 million tonnes, while outward  cargo volume increased 7% in Q1 2012 The HK Census and Statistics Department (C&SD) has released statistics on vessels, port cargo and containers for the first quarter of 2012.
 In the first quarter of 2012, total port cargo throughput increased by 3% over a year earlier to 64.5 million tonnes.  Within this total, inward port cargo recorded virtually no change at 35


Lion Containers Joins Achilles FPAL

Lion DNV Containers.jpg

Lion Containers Ltd. announced that it has joined Achilles FPAL, the supplier management community supporting the European oil and gas industry. Achilles FPAL is a community used by major buying organizations within the oil and gas sector. It enables the oil and gas sector to use Achilles' proven supplier prequalification system to identify, prequalify and assess suppliers for tender opportunities and minimize risk within their supply chains


Kalmar to Supply 4 RTGs to Super Terminais, Brazil

E-One2 Zero Emission rubber-tyred gantry cranes

  Kalmar, part of Cargotec, will deliver four E-One2 Zero Emission rubber-tyred gantry cranes (RTGs) to Super Terminais in Manaus, Brazil. The 8 million USD order was signed in August 2014 with a delivery and start-up date in July 2015.


KKR, Borealis Maritime JV acquires 9 container ships

Christoph Toepfer and Frederik Rye-Florentz of Borealis Maritime.

KKR and Borealis Maritime today announced the acquisition of a portfolio of nine feeder container vessels in a sale process coordinated by Commerzbank. The vessels were previously owned by a number of German KG funds and were originally financed by Commerzbank


No Sign of Ultra-Large Containership Mega Hubs: Analysis

Container terminal: Photo Maersk

Contrary to the views of some in the industry, Ultra Large Container Vessels are continuing to call at multiple North European ports per loop and are not concentrating on a mega-hub, according to Drewry’s latest Container Insight Weekly, excerpted here.


NYK Opens New Planning Center in Kumamoto

Kumamoto office of Kozo Keikaku Engineering Inc.

  On September 1, 2014, NYK and Kozo Keikaku Engineering Inc. established a stowage planning center for container shipping at the Kumamoto office of Kozo Keikaku Engineering Inc. in Ozu town, Kumamoto prefecture, Japan.   The task of container stowage planning will be transferred from


Maersk to Raise Freight Rates from Asia to Europe

Photo: Maersk

The world's biggest container shipping company Maersk Line, a unit of A.P. Moller-Maersk , said it plans to raise freight rates on routes from Asia to northern Europe by $400 per 20-foot container (TEU). The new rates will take effect from Sep


Port of Long Beach Chooses APS Crane OCR System

Container cranes: Photo APS

APS Technology Group, a member of the ABB Group and a leading provider of optical character recognition (OCR) and process automation technology solutions for marine and intermodal container terminals, says that that International Transportation Service (ITS) has selected the APS Crane OCR solution


Neeraj Bansal Appointed Deputy Chairman of JNPT

Neeraj Bansal appointed Deputy Chairman

The Government of India has appointed Neeraj Bansal as Deputy Chairman of India's largest container port,  Jawaharlal Nehru Port Trust with immediate effect. Mr Neeraj Bansal is an Officer of Indian Revenue Servie with around twenty years of experience across the country in Direct Tax


COSCO Resorts to Rate Restoration for F. East to S Africa Trade

COSCO

  COSCO Container Lines would like to announce Rate Restoration for all shipments (include reefer cargo) from Far East to South Africa Trade and take effect from September 1, 2014. The detail of the RR will be USD150 per TEU Far East include: China Mainland, China Hong Kong


Shanghai Port's Q2 Profit Down; China Trade Flagging

Shanghai International Port , the operator of the world's busiest container port, reported earnings on Wednesday that showed its second-quarter net profit fell 2.5 percent in a sign of slowing trade in China. Shanghai Port said in a Chinese-language filing on the Shanghai stock exchange that


Wishful Thinking From Across the Pond

Joseph Keefe

European Shipowners Pursue Softening of the Jones Act   Just last month, the Secretary General of the European Community Shipowners’ Association (ECSA) opined that the sixth negotiations round of the Trans-Atlantic Trade and Investment Partnership (TTIP) should include concessions


Piraeus Port Posts Flat Profit, Sales Dip

Photo: Piraeus Port Authority

Greece's Piraeus Port (OLP) , the largest in the country, said its first-half net profit was almost unchanged from the same year-ago period, while sales fell. Piraeus Port, which is privatisation, is one of the busiest passenger ports in Europe


Big Increase in Port of Houston Steel Cargoes

Houston Ship Channel: File photo

More steel moved across the docks in July than any month since 2008, Executive Director Roger Guenther reported at the recent meeting of the Port Commission of the Port of Houston Authority. Guenther also noted that PHA has achieved a record


Latest Ocean-Going Shipbuilding Orders

Welding: Photo courtesy GLG

Clarkson Hellas notes in its latest 'S&P Weekly Bulletin' shipbuilding orders placed in the dry bulk, tankship, gas carrier and containership sectors, as follows: Dry bulk carriers A couple of orders to report in dry this week with Santoku Senpaku adding further Kamsarmax to their orderbook


KKR & Borealis Maritime Acquire 9 Containerships

Containerships sunrise: File photo

KKR and Borealis Maritime say they have acquired a portfolio of nine feeder container vessels in a sale process coordinated by Commerzbank. The vessels were previously owned by a number of German KG funds and were originally financed by Commerzbank


Hamburg Süd Christens Containership in S. Korea

Hamburg Süd’s San Christobal will operate between Asia and the east coast of South America from September 2014

Hamburg Süd yesterday celebrated the christening of its new containership San Christobal with customers and business partners at the Hyundai Heavy Industries shipyard in Ulsan, South Korea. The vessel is the second newbuild in the series of three new San-class ships.






 
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