Hanjin Heavy Industries & Construction's Philippine Shipyard wins contract to build mid-size container ships for European owners Despite the current global economic slowdown, Hanjin Heavy Industries & Construction (HHIC)-Phil's Subic Shipyard has won a bid to build mid-size container ships for the first time this year. The shipbuilder recently announced that it has signed a USD 450 million contract to build ten 5,000TEU container ships (options included) with ship owners in Europe. These days, large vessels have been the mainstream in the container ship market with little demand for mid-size container ships (5,000TEU). Because of high expectations of an economic recovery and excessive bidding for very large container ships, mid-size container ships have become more popular. HHIC says that it hasn’t been able to win a decent bid since early last year. Based on recently dramatic improvement in cost competitiveness, however, HHIC-Phil's Subic Shipyard has finally been able to win this bid. The container ships HHIC-Phil's Subic Shipyard have signed up to deliver are 255m in length, 37m in width and 22m in depth with a speed of up to 21.5 knots. They are to be state-of-the-art, environment-friendly ships.
Lloyd’s Register (LR) has published the first issue of Container Ship Focus magazine. The publication contains 12 pages of information and news relevant to the container ship sector. The magazine will be distributed at the Boxship 2005 conference on September 20-21, 2005 in Hamburg, Germany and will also be available later in the year in a German-language edition.
Container Shipping Information Service (CSIS) is launching a new set of resources designed for schools. Its aim is to provide teachers with the tools and information to introduce discussions on global trade and container shipping into the classroom. Among the new resources is an interactive animated video which allows users to follow the journey of certain products from source to store with quizzes and information pit-stops along the way
Maersk container ship disabled, drifting off the coast of Portugal after engine failure. Tug ordered just in case. Maersk Line container ship Gerd Maersk, on passage from the Far East to Bremerhaven, following engine failure, was drifting about 20 miles northwest of Porto. The ship's engineers are working to repair the damage, while a small tug - Castelo de Obidos - lies in the readiness of hundred meters from the Danish-flagged container ship
DSME begins work on construction of the world's largest container ship Daewoo Shipbuilding and Marine Engineering has begun constructing the world's largest container vessel after receiving the order from Denmark's AP Moller-Maersk, the shipbuilder has announced. When completed, the 18,000 TEU container ship will measure 400 m in length and 59 m in width, with a deck wide enough to accommodate four football fields
The Container Ship Safety Forum (CSSF) has been launched as a global business-to-business network that aims to improve safety performance and management practices in the container shipping industry. Founding members CMA CGM Group, Costamare Shipping Company S.A., E.R. Schiffahrt GmbH & Cie. KG, Hamburg Südamerikanische Dampfschiffahrts-Gesellschaft KG, Maersk Line, Rickmers Shipmanagement and Zodiac Maritime Agencies Ltd
On January 1, M.V. Cosco Europe, the second 10,000-TEU-Class container ship of Cosco, was delivered at Hyundai Heavy Industries shipyard. The ship left the shipyard for the port of Dalian on the same day. The ship will be added to the service between the Far East and Europe.
The new super long-stroke MAN B&W S90ME-C9 engine to be built in China Seaspan Corporation has placed an order for 7 + 18 newbuildings of 10,000 teu container ships at Jiangsu YangZiJiang Shipbuilding. These will be powered by the new super long-stroke engine type MAN B&W 10S90ME-C9, which will be built by the Chinese engine builder CMD. Traditionally, MAN Diesel & Turbo K98-type engines have been used as prime movers by 8,000-10,000 teu capacity container vessels
The joint rescue co-ordination centre in Halifax says four people have been taken off a container ship about 60 kilometres south of Portugal Cove South, N.L. CTV News reports, citing Canadian Coast Guard spokesman Maj. Martel Thompson, who also informed that the container ship 'MSC Monterey' was having issues with its hull. Two Cormorant helicopters from Gander, N.L., are on the scene of the threatened container ship off eastern Newfoundland.
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 strong cargo demand and high vessel utilization levels in recent months, which forward bookings suggest will continue through September.
Hapag-Lloyd and Compania SudAmericana de Vapores (CSAV) secured conditional European Union approval on Thursday for their tie-up to create the world's fourth-largest container shipping company. The merger is important for the shipping industry which hopes more deals could help it to overcome
Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell by 6.6 percent to $1.055 per 20-foot container (TEU) in the week ended on Friday, one source with access to data from the Shanghai Containerized Freight Index told Reuters.
The slowdown in Chinese industrial production growth ads to the existing concerns that China is going through challenging times, as Beijing aims for a soft landing and a transition of the economy, BIMCO reported, adding that the demand for dry bulk shipping and container shipping is bound to
SC-integrity, Inc. (LoJack SCI) and Contguard Ltd. announced a strategic alliance designed to provide their customers with security and real-time visibility of supply chain assets and cargo on a global basis. LoJack SCI will exclusively offer the Contguard CMU (Cargo Monitoring Unit) service
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
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.
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
The Australian Maritime Safety Authority (AMSA) informs that it has issued a direction to the container ship 'Vega Auriga' (IMO 9347786) that prohibits the ship from using or entering any Australian ports due to repeated breaches relating to seafarer welfare and maintenance of the ship.
Two cargo terminals at the Port of Long Beach announced Wednesday, Aug. 27, that they were suspending vessel operations for the day because 10- to 15-foot high wave surges powered by Pacific Hurricane Marie endangered longshore workers. Total Terminals International on Pier T
Repair work begins after storm surges subsides The Port of Long Beach resumed full cargo-handling operations Thursday, Aug. 28, after a lessening of storm surges from Hurricane Marie that had battered south-facing piers and interrupted the loading and unloading of four vessels a day earlier.
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
Japanese ship classification society ClassNK says that in response to the casualty of containership “MOL COMFORT” which occurred on 17, June 2013, it established an 'Investigative Panel on Large Container Ship Safety', comprised of leading experts from shipbuilders
European Union antitrust regulators will conditionally clear a deal by Hapag-Lloyd and Compania SudAmericana de Vapores to form the world's fourth-largest container shipping company, two people familiar with the matter said on Friday. The case is important for the shipping industry where
Amarcon, a part of the ABB group, and OceanWaveS GmbH, a fully owned subsidiary of Rutter Inc., inform they will demonstrate an OCTOPUS-Onboard advisory suite including Wave and Surface Current Monitoring System set-up during the SMM in Hamburg, from 9 – 12 September 2014
United Arab Shipping Company (UASC) has selected WaveCall Plus VSAT (Very Small Aperture Terminal) services from Marlink to provide reliable connectivity for its new build fleet of 17 containerships, first vessel due for delivery by the end of 2014.