According to reports, Shanghai Shipyard & Chengxi Shipyard Company Ltd built a 3,500 TEU container vessel in only 54 days, breaking China's record of 60 days for a mid-sized container vessel. The team has already signed orders till the end of 2009. The state-owned Shanghai Shipyard & Chengxi Shipyard Co. updated their traditional shipbuilding skills when they moved to Chongmong Island from Lujiazui area in Pudong. The original technique took more than 140 days to build a 3,500 TEU container vessel. Shanghai Daily News
Bloomberg has reported that Daewoo Shipbuilding & Marine Engineering Co., said it has received a $531m order to build container ships for a customer in Panama. The Seoul-based company will build an unspecified number of container ships and deliver them by April 30, 2010, Daewoo said in a regulatory filing to the Korea Exchange today, without revealing the identity of the customer. Daewoo and South Korea's six other shipbuilders, which built 38 percent of vessels delivered globally in 2005
Aker MTW Werft (AMTW) in Wismar, Germany has acquired three orders to build container vessels, a joint development with Kvaerner Warnow Werft in Rostock-Warnemünde (Germany). The contract, worth $115M, is for three vessels that were ordered by Reederei Hartmann in Leer (Lower Saxony). The vessels which will be built in Wismar and Rostock-Warnemünde are due for delivery in the third and fourth quarters 2004. The contracts are subject to the settlement of financial issues by mid July 2003.
Bouygues Offshore and Bouygues Travaux Publics (a Bouygues Construction subsidiary) have signed a contract with Caucedo Investments Inc. to build a container terminal in the Dominican Republic. Located near from Santo Domingo, in the southwest region of the island, the facility will provide a depth of up to 15m to receive post-Panamax vessels. This contract is valued at approximately $136 million. The terminal scheduled for the end of 2003
Navios Maritime Partners L.P. (NMM) an international owner and operator of container and drybulk vessels, announced today that it has secured, for no consideration, an option to acquire a 2012 South Korean-built container vessel of 13,100 TEU from an unrelated third party. The vessel is currently chartered out to a high quality counterparty for a twelve-year period ending May 2027. The main terms of the option are as follows: Acquisition price: $147.8 million
Qatargas, United Arab Shipping Company (UASC) and Shell signed a Memorandum of Understanding (MoU) to explore the development of LNG as a marine fuel in the Middle East region. This is the second such agreement signed by Qatargas and Shell in as many months and establishes another core partnership within the shipping industry. The MoU was signed by Qatargas chief executive Khalid bin Khalifa al-Thani
Mitsubishi Heavy Industries, Ltd. (MHI) has received consecutive orders for large size container ships from the Evergreen Group of Taiwan, one of the leading container transportation operators in the world. Since 1992, MHI has received orders for 38 container ships from Evergreen without a break, of which 32 ships have either been built, or are to be built at MHI’s Kobe Shipyard and Machinery Works, and six at Nagasaki Shipyard and Machinery Works
According to Shanghai Daily, the delivery of China's first self-made 8530-TEU containership over the weekend officially makes China the fourth nation capable of building super large container ships. The ship was designed and built over six years by the Shanghai-based Hudong-Zhonghua Shipbuilding (Group) with full independent Chinese intellectual property rights. The ship measures is 335 x 42.8 x 24.8 m, able to carry 101,000 tons and sail at 25 knots.
Naming ceremonies held at Samsung Heavy Industries Shipyard for two 8,542 TEU L-class container ships built for Evergreen. Ever Laden, the second L-type containership of Evergreen Line, was christened by S.S. Lin, the Evergreen Group's First Vice Group Chairman, at the Samsung Heavy Industries shipyard. The ceremonial rope cutting for the new 8,452-TEU vessel was performed by Mrs. Mei-Sui Lin in a ceremony attended by dignitaries from Taiwan and abroad.
Leading marine coatings manufacturer, Hempel, announces - after only two and a half years on the market - its award winning innovative fouling defence product Hempaguard has now been applied as a full vessel coating to 500 ships. This milestone was reached yesterday with the coating of a 61,614 dwt, 2011-built, container vessel. Environmental obligations are at the top of the agenda for all responsible shipping companies and Hempaguard was introduced to the
Crowley Maritime Corp.’s newest combination container/Roll on-Roll off (ConRo) ship has been launched at the VT Halter Marine shipyard in Pascagoula, Miss. for the Crowley’s service between Jacksonville, Fla., and San Juan, Puerto Rico.
The U.S. Justice Department has ordered top executives from several container shipping lines to testify in an antitrust investigation into an industry that is the backbone of global trade, the companies said on Wednesday. The world's biggest container shipper, Denmark's A.P
The Northwest Seaport Alliance, consisting of the ports of Seattle and Tacoma, has recorded an 8 percent year-to-date increase in container cargo through February. International container volumes for the month of February remained steady with a 9
The Cabinet Committee on Economic Affairs, India chaired by the Prime Minister Narendra Modi here on Wednesday approved fresh estimates of the project Deepening and Widening of Mumbai Harbour Channel and JN Port Channel (Phase-II).
Crowley Maritime Corp. and Eagle LNG Partners have started to build a new shore-side liquefied natural gas (LNG) facility on Crowley-leased property at JAXPORT’s Talleyrand Marine Terminal in Jacksonville, Fla. The new LNG bunkering facility will serve Crowley’s Commitment Class
Maersk Line has ordered the first 100 of a total of 200 refrigerated containers to be chilled by Carrier Transicold’s NaturaLINE natural refrigerant based system. Carrier Transicold is a part of UTC Climate, Controls & Security, a unit of United Technologies Corp. (NYSE: UTX).
Hyundai Merchant Marine (HMM) has inked a memorandum of understanding (MoU) with state-backed Korea Shipping Company (KSC) for vessel sales worth up to Won850bn ($739.4m) book value, which will strengthen HMM's financial position.
Spot container freight rates from North Europe to China increased by 45 percent this week, reaching a four-year high. The “World Container Index assessed by Drewry” market reading on the route from Rotterdam to Shanghai jumped to $1,076 per 40ft dry container today
Diana Containerships Inc., a global shipping company specializing in the ownership of containerships, has announced that it plans to reactivate one of its Post-Panamax container vessels, the m/v Pucon. The company also announced that, through a separate wholly-owned subsidiary
The rail operator H&S Container Line is introducing an additional round trip between Andernach in Germany and the two container terminals in the Deurganck dock in the port of Antwerp. H&S already operates on this route
Jawaharlal Nehru Port Container Terminal (JNPCT) handled 14,29,936 TEUS of cargo till March 7 as compared to 14,29,277 TEUs, registering a growth of 7.6 per cent. "JNPCT, one of the four terminals at JNPort which is directly managed by Port authority, handled 14,29
A new 20,150 TEU containership has captured the “world’s largest” title: MOL Triumph, the first in a series of new mega containerships for Japan’s Mitsui O.S.K. Lines, Ltd., (MOL) was named at Samsung Heavy Industries, Ltd.’s (SHI) Geoje, South Korea shipyard.
Customs inspectors in Malta have seized more than 300 kg (660 lb) of cocaine worth millions of euros on a container ship heading from Ecuador to Spain, Maltese officials said on Thursday. Prime Minister Joseph Muscat hailed the find as the biggest drugs seizure in the history of the
Less than nine months after the historic inauguration of the Expanded Canal, the Panama Canal has announced that it has welcomed its 1,000th Neopanamax vessel through the waterway, highlighting the importance of the route and customers’ continued faith in the safe
Collaboration between the Ports of East London and Ngqura, together with the South African Maritime Safety Authority (SAMSA), helped avert another potential maritime disaster in the Eastern Cape during the past week. Transnet National Ports Authority (TNPA) towed the BBC Shanghai