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
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
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
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
Agenda announced for forthcoming JOC Container Shipping Conference in Shanghai, China Drewry Shipping Consultants estimate that container shipping lines collectively lost $5.2 billion in 2011. To thrive in 2012, the industry will have to tackle declining rates and a potentially chaotic round of mergers and acquisitions. Business leaders will discuss the potential scenarios and predictions for the upcoming year at UBM Global Trade's JOC Container Shipping Conference ShanghaiJune 4-5 at the
Portnews.com reported that based Cicek Shipyard has launched its first container ship. The 1300 TEU ship was named Ayse Naz Bayraktar and is due for delivery in July 2008. She is the first of two 22,000 DWT multipurpose container ships ordered from the yard by Bayraktar Shipping. The design of these two ships allows for a high intake of 9 feet 6 inches high containers and two hatches can accommodate 45 feet containers, including the 2
Container shipping line members of the Grand Alliance reportedly will improve their service between North Asia and the U.S.
Norway's SinOceanic Shipping ASA facilitates newbuilding orders for 10 x 8,800 TEU containerships at Jinhai Heavy Industries. On behalf of foreign interests, SinOceanic Shipping ASA says it has entered into a contract with Jinhai Heavy Industries, China
The Canadian Coast Guard (CCG) authorizes the passage of vessels up to 44 metres wide in the Quebec-Montreal section of the St. Lawrence navigation channel. The previous authorized width was 32.1 metres without restrictions. The CCG has made the provisions following a study commissioned by
Kalmar, part of Cargotec, completed the heightening of six quay cranes at MSC Home Terminal, which is the largest container terminal in the port of Antwerp, Belgium. The project, undertaken by Kalmar's specialist Crane Services team, facilitates the continued expansion of the port by making it
The 3600 TEU container ship, built under the supervision of Navgathi Marine by Hyundai Sambo delivered to Pacific International Lines. Hanjin Argentina is the third of a series of four such vessels ordered by Pacific International Lines of Singapore from the S. Korea shipbuilders.
U.S.-flagged container ship ‘National Glory’ kicks off the new service when she departs Houston for San Juan May 29, 2013. The new 14-day service, which is being provided by National Shippers of America (NSA), is called "Isla Verde Express" and will provide customers
Average global freight rates have fallen to a 15-month low, according to Drewry’s new online Container Freight Rate Insight. Drewry’s Global Freight Rate Index fell 12% in April to reach its lowest level since February 2012, when container shipping was still recovering from the last
Warsash Maritime Academy will welcome the eighth scaled ship model to its fleet in May 2013. It will be the first container ship to join the existing fleet at Southampton Solent University’s Ship Handling Center when it is officially launched at a special ceremony.
NOL Group reported first quarter 2013 Core EBIT (Earnings Before Interest, Taxes and Non-Recurring Items) loss of $85 million, a 64% improvement or $148 million, in the key profitability measure from a year ago. NOL attributed the improvement to a continuing focus on operational efficiency and
The CLIP Container terminal at Swarzedz (near Poznan), Poland has joined InlandLinks, the hinterland container terminal link-up. Rotterdam expects to see container flows triple in the next 25 years. Due to the growth in world trade, the favourable geographic location and the increase in very
Hull modules for the huge container ships are being built in Shandong and delivered by barge to South Korea' Daewoo Shipbuiding yard. Twenty of the ships, which can each carry 18,270 20-foot containers and at 399.25 metres long, are being built for Maersk Line by South Korea's Daewoo Shipbuilding
On Thursday, May 2, 2013, Reederei Hamburger Lloyd took command of the third of four 4,600 TEU Containership Newbuildings (hull No. H1025A) from CSSC Shanghai, Jiangnan Changxing Heavy Industry Co., Ltd. Another vessel of the same type (No. H1026A) is expected to follow in August this year
NUTEP, a container terminal operator in the Black Sea port of Novorossiysk, completed the latest phase of its ambitious port development program with the upgrade of its railway facilities there. The company has removed the original rail lines
At least 3 people dead and up to 6 missing after the container ship 'Jolly Nero' hit the tower in the hours of darkness. Part of the tower, in which about 14 people were present at the time of the accident at around half past midnight local time, crashed into the water
China Shipping Container Lines Co. orders the world’s biggest container ship, taking over the title from Maersk Line. Hyundai Heavy Industries Co. will build five vessels each capable of carrying 18,400 20-foot containers for $700 million for China Shipping, the Ulsan
The CMA CGM Group announced the CMA CGM Jules Verne (16,000 containers twenty-foot equivalent), sailing under the French flag, will be inauguratedJune 4. The CMA CGM Jules Verne, among the largest container ships in the world, will begin its first rotation Friday, May 3rd, in Pusan, South Korea