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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


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


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


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


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


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


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


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


Ferguson Norge Unveils New NORSOK Workshops

Morten Smith

As a result of market demand for NORSOK workspace modules, Ferguson Norge, specialists in the rental of DNV 2.7-1 / EN 12079 certified offshore containers, refrigeration/freezer modules, workspace modules and accommodation solutions to the global offshore energy industry


Ningpo Port Truckers Strike, Disrupt Freight

Thousands of truck drivers went on strike over salary and haulage rates in the eastern Chinese port of Ningbo this week, and a logistics firm said on Friday the industrial action was disrupting operations at the world's sixth busiest port.


Container Manufacturer Reports Profit Plunge

Container stack: File photo

World-leading container manufacturer and logistics services provider Singamas Container Holdings Limited (Singamas) has  announced its unaudited interim results for the six months ended 30 June 2014. Net profit were down almost 52 per cent to US$13


IMB: Guard Against Threat of Cyber Attacks

IMB Guard against threat of cyber attacks

  The International Maritime Bureau (IMB) is calling for vigilance in the maritime sector as it emerges that shipping and the supply chain is the ‘next playground for hackers’. IMB said, “Recent events have shown that systems managing the movement of goods need to be


Evergreen Line Makes Maiden Call to Boston

ItalLunare docked at the Port of Boston

Evergreen Line’s ItalLunare celebrated its maiden call to the Port of Boston with an official first call and plaque presentation on Wednesday, the Massachusetts Port Authority (Massport) announced. This is the first time Evergreen Line has called Boston directly in nearly 30 years.


CMA CGM to Launch New Joint Liner Service

CMA CGM S.A. announced it act in cooperation with China Shipping Container Lines (CSCL), Orient Overseas Container Lines (OOCL) and Pacific International Lines (PIL), to offer a new joint service in the North East Asia, Australia and New Zealand Trade, commencing from Shanghai in early of November


SC Ports’ Earnings, Volumes Surpass Plans

Photo: SC Ports Authority

July cargo volumes deliver strong start to new fiscal year SC Ports Authority reported 2014 fiscal year-end operating earnings of $14.3 million, 20.7 percent over the organization's financial plan. From July through June, the SCPA posted operating revenues of $164


Port of New Orleans Awards Terminal Build Contract

An aerial view of the Ports existing intermodal terminal, which will be transformed into a modern and more efficient intermodal container transfer terminal.

The Board of Commissioners of the Port of New Orleans awarded a $13.3 million construction contract to Metairie, La.-based Hard Rock Construction LLC today for the Mississippi River Intermodal Terminal improvement project at its monthly meeting


VSTEP Delivers FMB Simulator to Danaos

VSTEP_NAUTIS_Danaos.jpg

Danaos Corporation purchased a NAUTIS DNV Class A FMB Simulator and Instructor Station for training of its fleet members.  The simulator will be delivered and installed by VSTEP at Danaos Shipping Co Ltd. Headquarters in Piraeus, Greece.  


Asia–U.S. Container Lines to Introduce Freight Increase

TSA Containership: Photo Evergreen Line

The Transpacific Stabilization Agreement (TSA) informs that member container shipping lines are proposing an across-the board general rate increase (GRI) of at least US$600 per 40-foot container (FEU) to all destinations, effective September 1


First Container Ship Call at Duke Point Terminal, Nanaimo

MV Westwood Pacific loading: Photo NPA

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


Man Arrested over Death of Stowaway in Shipping Container

Tilbury Port View

A man was arrested in Northern Ireland on Tuesday on suspicion of murder after the death of an Afghan Sikh who was among 35 suspected stowaways found in a shipping container at a dock in England three days ago, police said. Police said the 34-year-old man was arrested just after midday on a


Maersk Buying Back Shares, Earnings Up

Shares rise 5 pct after improved guidance, better quarter than expected. Maersk indicates more buybacks after first in its history. Efficiency, cost savings boost Maersk Line compared to rivals. Denmark's A.P. Moller-Maersk announced the first share buy-back in its 110-year history on Tuesday


Maersk Raises Post-Q2 Financial Outlook

Danish shipping and oil group A.P. Moller-Maersk reported a second-quarter net profit above forecasts thanks to better profits in its container shipping business Maersk Line. Net profit rose to $2.25 billion, Maersk said on Tuesday, beating an average forecast of $2


Transpacific Container Shippers Aim for Rate Rise

Photo: Maersk

A container shipping organisation urged companies on Monday to raise Asia-U.S. freight rates by at least $600 per 40-foot container (FEU), corresponding to an increase of 14.2 percent from current levels, from Sept. 1. TSA (Transpacific Stabilization Agreement) said the planned increase follows






 
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