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Apl Panama

APL Panama Still Aground

APL Panama remains aground on soft sand some 1.5 nm south east of the entrance to the port of Ensenada, Mexico. Salvors have succeeded in maneuvering the bow of the vessel some 20 degrees towards deeper water over the past week, in order to assist the next re-floating effort. The APL Panama remains structurally intact and secure and it is hoped that another concerted effort to re-float her can be made toward the end of next week, when tide conditions are more favorable. This next stage of the operation will utilize powerful hydraulic pulling machines which will double the capacity of the strong tugs already standing by the vessel. In the meantime, the salvors have succeeded in transferring the fuel oil to a bunker barge at the port of Ensenada. Specialist anti-pollution contractors have been hired by the salvors, and are on permanent standby throughout the operation, where they will remain until the vessel is safely re-floated. The grounding occurred while the APL Panama awaited the Ensenada Pilot on December 26. The Master was not attempting to enter port without a pilot, nor was the vessel behind schedule and trying to make up time by deliberately approaching nearer the shore than she should have. An enquiry into the grounding is being conducted by the Mexican authorities, which the owners, MS ‘Mare Britannicum’ Schiffahrtsgesellschaft mbH & Co+ KG, are fully cooperating with.


Danaos Delivers Second Vessel to APL

Danaos Corporation announced that during the course of the last week it delivered the vessel APL Scotland back to its charterer, APL, for a total price of $44.5m. Further, Danaos Corporation also announced that APL has declared their purchase option regarding the APL Belgium according to their existing agreement with Danaos. This represents the last out of the four purchase options APL had with Danaos. Danaos now expects to sell this vessel back to APL at the end of its charter on or about


NOL Appoints Two Senior Managers

Neptune Orient Lines Ltd, (NOL) has hired two veteran officials at Sea-Land Service as senior executives in its container transportation arm, APL. Edward W. Aldridge, currently Senior Vice President for North America at Sea-Land will become President of APL's Americas Region. Daniel J. McHugh, currently Vice President of the Americas Division at Sea-Land, will become President of APL's Asia-Middle East Region. Tim Rhein, current President and CEO of APL Limited


NOL Announces Clean-air Milestone In Singapore

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Shipping line is first to use low-sulphur fuel at port; expects 90% emissions reduction SINGAPORE: 12 APRIL, 2011 - NOL Group today announced a maritime milestone: its vessels will become the first to use cleaner-burning, low-sulphur gas oil in Singapore. The decision is expected to curb sulphur oxides emissions from ships by almost 90%. Sulphur oxides are considered a key component of acid rain.  Ash and particulate matter emissions could be reduced by 80% to 90%.


APL Voted Best Trans-Pacific Shipping Line

Credit : APL

  APL today won the Best Trans-Pacific Shipping Line accolade at the 28th Asian Freight & Supply Chain Awards (AFSCAs). This is the third time in four years that APL has emerged as the preferred liner in this category, following wins in 2011 and 2012. Determined by votes cast by readers of Cargonews Asia, APL clinched the award for its leading performance in schedule integrity, customer service support and its comprehensive port calls in the Trans-Pacific trade.


APL’s Schedule Reliability Scales Up

APL’s container shipping expertise, innovation and professionalism have been recognized time and again

  APL was the most reliable carrier with a global on-time performance of 85.5% in May 2015, according to the latest Global Liner Performance Report by SeaIntel Maritime Analysis.   The report, which ranks the performance of the top 20 carriers, says that there was a global improvement in container lines’ schedule reliability from April to May 2015. It noted that schedule reliability increased considerably in May to a global performance of 78.3% compared to 72


Diana Acquires Two Containerships

Diana Containerships Inc. (Nasdaq:DCIX), signed two Memoranda of Agreement with APL (Bermuda) Ltd. for the purchase of two Panamax container vessels, the m/v "APL Sardonyx" and the m/v "APL Spinel". The m/v "APL Sardonyx" is a 1995-built vessel of approximately 4,750 TEU capacity and the m/v "APL Spinel" is a 1996-built vessel of approximately 4,750 TEU capacity. The purchase price for each vessel is $30 million


APL: Highest Honor for Marine Enviro Protection

Global container carrier APL received the United States’ Coast Guard’s highest award for excellence in marine environmental protection here today. The world’s seventh largest container carrier took home the Osprey award - the highest level of recognition within the Rear Admiral William M. Benkert Award, considered the premier environmental award in the U.S. maritime industry, conferred biennially.


New Container Ship Hull Design to Vastly Save Fuel

APL Container Ship: Photo credit Geo Swan CCL2

A collaboration between APL, Hyundai Heavy Industries and DNV will make APL's new ships more fuel-efficient. The new hull design will will make APL’s 10 new ultra large container ships some 20 per cent more fuel efficient per TEU compared with existing designs says DNV. The design has been optimized for an operating profile along the Far East to Europe trade route involving nine speed and draught combinations


APL launches U.S.-flagged Guam Saipan Express

A dedicated APL vessel of 1,100 TEU will service the route

  APL today introduced a new fortnightly U.S.-flagged service to Guam and Saipan. The Guam Saipan Express (GSX) will connect with APL’s weekly U.S.-flagged Eagle Express service (EX1) in Yokohama, giving Guam and Saipan shippers an alternative for shipping from the U.S. mainland.   Apart from facilitating cargo shipments from the U.S. mainland, where about 75% of Guam’s inbound freight originates


Port of NY/NJ Deepened for Larger Box Ships

Image: Port of New York & New Jersey

The Port of New York & New Jersey, in partnership with the U.S. Army Corps of Engineers, has completed a $2.1 billion Main Navigation Channel Deepening Program in order to facilitate the next generation of larger containerships calling the port following the expansion of the Panama Canal.


Panama Canal Readies for Cruise Season

File photo: Island Princess transits the Panama Canal in 2011. (Photo: Panama Canal Authority)

Cruise ship Coral Princess is slated to transit the Panama Canal on a voyage from Los Angeles, Calif., to the U.S. East Coast on October 4, 2016, officially kicking off the canal’s 2016-2017 cruise season, which according to the Panama Canal Authority will see more than 230 cruise ships pass


APL Launches Atlantic Gulf Express Service

AGX – Atlantic Gulf Express (Westbound)

APL today announced the launch of the Atlantic Gulf Express (AGX) Service – a direct Trans-Atlantic service which connects the key markets of North Europe, US South Atlantic and Gulf of Mexico. “Directly connecting the Port of Le Havre and Miami


Panama Accedes to Ship Recycling Convention

H.E. Mr. Arsenio Dominguez, Ambassador, Permanent Representative of Panama to IMO, met IMO Secretary-General Kitack Lim. Photo source: IMO

​IMO's efforts to promote safe and environmentally sound ship recycling received a boost with Panama becoming the 5th State to accede to the Hong Kong Convention. The Convention covers the design, construction, operation and preparation of ships so as to facilitate safe and environmentally sound


Eastern Launches Towboat for IWL River

Impala Puerto Salgar (Photo: Eastern Shipbuilding Group)

Eastern Shipbuilding Group, Inc. has launched the second vessel in a series of four new inland river towboats for IWL River, Inc. The newly built vessel, Impala Puerto Salgar (Hull #244), was launched on August 2, 2016.   The series of CT Marine designed 134 ft


First Suezmax Tanker Transits Expanded Panama Canal

Photo: Panama Canal Authority

The first Suezmax crude oil tanker that was slated to go through the newly expanded Panama Canal began its transit on Thursday, a public relations official told Reuters.   The Aegean Unity, a Greece-flagged Suezmax vessel coming from the U.S


Big Tankers' Need for Retrofit Slows Use of New Panama Canal

Photo: Panama Canal Authority

The promise that some oil traders and brokers saw for an expanded Panama Canal to become a new route for large tankers will take longer to realize than expected because many ships must first undergo inconvenient retrofits to transit through the new locks, shipping industry experts said.  


APL Strengthens Asia-Europe Service Network

The new Service.

APL today announced the launch of a new weekly service - the India Pakistan Europe (IPE) Service, directly connecting the key South Asian markets of India and Pakistan to major ports in Europe. The new IPE service builds on APL’s strong market presence and local expertise in India and


Extreme Boat Lifts Installed in the Panama Canal

Photo: Golden Boat Lifts

When the Republic of Panama needed lifts for a pair of its service boats, it turned to Golden Boat Lifts for the supply of two custom-designed 7,000 lb. capacity Golden Elevator Lifts for use in the Panama Canal.   According to Golden Boat Lifts


Charleston Handles Its Largest Ever Containership

The APL Yangshan docks at the Wando Welch Terminal. At 10,700 TEUs, the Yangshan is the largest vessel ever to call the Port of Charleston.  (Photo: SCPA)

The South Carolina Ports Authority (SCPA) welcomed the 10,700 TEU APL Yangshan, the largest containership ever to call the Port of Charleston.   “The deployment of New Panamax vessels to the East Coast trade marks a new era,” said Jim Newsome, SCPA president and CEO


CMA CGM's Integration of NOL

Photo: Neptune Orient Lines

 After successfully acquiring a controlling interest in NOL, CMA CGM has consolidated the Singapore-based company since 14 June, says a press release from the company.   Singapore’s Neptune Orient Lines (NOL) is the parent company of container carrier APL.  


CMA CGM Posts Loss in Q2

Photo: CMA CGM

 Ocean Carrier CMA CGM reported a net loss of $128 million for the second quarter of 2016, compared to a net gain of $156 million for the second quarter of 2015.       Its revenue declined to $3.5 billion ($3.3 billion excluding the contribution from Singapore’s Neptune


APL Satellite Tracking Service Gets Smarter!

Pic: Neptune Orient Lines

 Taking live monitoring of reefer cargoes beyond temperature and humidity tracking, APL is introducing real-time oxygen and carbon dioxide monitoring capabilities to its industry-pioneering satellite tracking system, SMARTemp.   


Port Everglades, Panama Canal Renew Partnership

Port Everglades joins the Panama Canal Expansion Celebration in June with Chief Executive Steve Cernak (middle), joined by Port Tampa Bay CEO Paul Anderson (right), presenting a plaque on behalf of the Florida Ports Council for a presentation to Oscar E. Bazán V., Executive Vice President, Planning and Business Development, Panama Canal Authority (left).

Port Everglades and the Panama Canal Authority (ACP) have renewed their long-standing Memorandum of Understanding (MOU) to promote trade opportunities for another five years. This renewal will extend their strategic alliance to 2021. The MOU solidifies both entities' dedication to growth and


Fitch Ratings Affirms Panama Canal's 'A' Ratings

Photo courtesy of ACP

Fitch Ratings has affirmed the following ratings for the Panama Canal Authority (ACP): Long-Term Issuer Default Rating (IDR) at 'A' and $450 million senior unsecured notes at 'A', reflecting the ACP's solid revenue profile and low leverage levels.  






 
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