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Container Shipping Service

Simatech Begins Coastal Shipping Service in India

Photo: Simatech Shipping

 Sima Marine, a subsidiary of Dubai-based Simatech Shipping, one of the largest container feeder servicing companies in the world operating 54 ships, has launched coastal container shipping services in India.   The coastal container shipping service will operate from Kochi connecting Mangalore in Karnataka, Goa and Mundra in Gujarat.   Simatech Shipping is one of the largest container feeder servicing companies in the world operating 54 ships with partners, including 15 of its own.   For the exclusive coastal service operations in the country, the Indian subsidiary has also acquired two 1,500-TEU container vessels, Sima Godavari and Sima Narmada, which have already started their operations now.   These ships are now sailing with Indian flag to work within the cabotage law.   Simatech Shipping-Dubai and Sima Marine India managing director C F George said the company’s prospects in the Indian coastal segment were bright, which remained untapped for a long time.“We expect that consistent service with competitive rates would attract more coastal cargo, which is currently transported via road, to the Indian ports. The Indian Government has been promoting coastal container movement by offering various incentives."   "Shifting cargo movement from road to sea will not only help decongest the highways, but also reduce pollution, cut cost and facilitate effective trade


Asia Key to Recovery of Containerized Trade

Asian economies are leading the recovery of international container trade volumes, but strong growth across the region could see pre-recession pressure on freight infrastructure re-emerge, a senior executive of container shipping line APL told a conference in Ho Chi Minh City on May 20. “Intra-Asia is already the world’s single largest container trade,” Jason Wong, Vice President of APL’s Intra Asia trade, told the 8th ASEAN Ports & Shipping Conference


Crowley Adds New Container Shipping Service

Photo: Crowley

Crowley Maritime Corporation announced that it is launching a new weekly fixed-day container shipping service between Jacksonville and Costa Rica.   The service’s two containerships will call at the Jacksonville Port Authority’s Talleyrand Terminal, making port calls in Jacksonville on Thursdays, Port Everglades, Fla., on Fridays, and arrive in Puerto Limon, Costa Rica, on Wednesdays.   “We are confident this service enhancement will add a new dimension to our


DP World London Gateway Attracting New Container Shippers

MSC Rita calling at DP World London Gateway

As Britain’s new hub port celebrates its first birthday DP World London Gateway has expanded its network of shipping links and destinations, attracting a series of new deep-sea container shipping services. Mediterranean Shipping Company (MSC) has confirmed that from next month (December), its service from South Africa to UK/Northwest Europe will make a direct London Gateway call, switching from the Port of Felixstowe


New Orleans Sets Container Records in 2014

Photo courtesy of the Port of New Orleans

Port of New Orleans sees record container volumes in 2014 The Port of New Orleans achieved record container volumes in 2014 thanks in part to the addition of new shipping services and an uptick in the national economy contributed. According to year-end totals, 490,526 twenty-foot-equivalent units moved through the Port’s Napoleon Avenue Container Terminal during the 12 months, an 8.8 percent increase over the 2013 total of 451,057.  


Crowley Acquires 400 Additional 53' Containers

crowley containers 53-footers web.jpg

Increases Company Equipment Fleet to More than 45,000 Units.   To better serve customers shipping cargo between the U.S. mainland and Puerto Rico, Crowley Maritime Corporation has acquired 400 53-foot (102' wide) dry high-cube containers and 375 53-foot chassis, adding to the company's already robust equipment fleet of more than 45,000 modern units. The containers, which have a capacity of 3,931 cubic feet and 42,660 pounds, were delivered in Jacksonville last week.  


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 been evaluating the Vancouver Island market for some time. This trial call, with express service to Japan, Korea and feeder service to other Asian ports, is expected to lead to a regular service


Commercial Ships Makes a Comeback to Iran

Pic: Islamic Republic of Iran Shipping Lines

 With MSC Mediterranean Shipping Company has resumed vessel operations to Iran, after services were suspended in 2012 in response to trade sanctions, Some of the world’s largest container shipping lines are pursuing business in Iran, reports WSJ.   The shipping lines are planning to stop in Iran for the first time in years after the lifting of sanctions, marking a key step in the country’s return to international markets.  


Turkish ARKAS Line Sets Course for Hamburg

For the first time a vessel from Turkish ARKAS Line is expected in the Port of Hamburg on April 20. The WANDA A is deployed in the West Africa Express Service (WAX) operated by ARKAS and Hapag-Lloyd and will be cleared at HHLA Container Terminal Altenwerder. Since December ARKAS has already been booking slots on Hapag-Lloyd’s WAX service. The demand is running so well that now, with the WANDA A, one of ARKAS’ own ships is being taken into the service.   


Cicek Shipyard Launches Container Ships

 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


Pivotal LNG, Carib Energy Reach Multi-Year Supply Deal

Photo: Crowley Maritime

Pivotal LNG announced a multi-year agreement to sell liquefied natural gas (LNG) to Carib Energy LLC, a Crowley Maritime Corp. subsidiary. Crowley will transport and deliver LNG from the U.S. mainland to its newest client, Molinos de Puerto Rico, a subsidiary of Ardent Mills LLC


APM Terminals to invest $70 mln in Port Elizabeth Terminal

Port Elizabeth

The Port of New York and New Jersey is the largest port on the US East Coast and third largest in the United States with 6.37 million TEU handled in 2015.  In 2014, The Port Authority of New York and New Jersey committed to a ten year, agency-wide capital investment campaign for


Hanjin files for Receivership, Ports Turn Away Vessels

File Image (Credit: Hanjin Shipping)

Hanjin says asks court for its assets to be frozen; Hyundai Merchant looking to buy Hanjin's "good" assets. South Korea's Hanjin Shipping Co Ltd filed for court receivership on Wednesday after losing the support of its banks, setting the stage for its assets to be frozen as ports from


Growth in the Leased Container Equipment Fleet to Slow

Source: Drewry Maritime Research

 Following markedly slow growth of just 3.5% in 2015 due to decreased rental demand, the global leased container equipment operating fleet is forecast to increase by little more than 1% in 2016, according to the latest edition of the Container Leasing Industry Annual Report 2016


Hanjin Shipping to File for Court Receivership

Photo: Hanjin Shipping

South Korea’s biggest container shipping line Hanjin Shipping Co has decided to apply for court receivership after lenders halted all support, says a report in Bloomberg.   A Reuters report also says that it would file for court receivership after losing the support of its banks


Banks Halt Support for Hanjin

file Image (Credit: Hanjin)

A bankruptcy would be biggest ever for a container shipper. Hanjin Shipping Co's banks are halting support for the South Korean company, its lead creditor said, making it likely the nation's largest shipper is headed for bankruptcy as it is dragged down by a deep global industry downturn.


Krishnapatnam Port, Maersk Launches Mainline Service for China

Krishnapatnam port

Krishnapatnam, the country’s largest all-weather; deep water port on the east-coast of India has marked another milestone towards operational excellence as it launched its weekly mainline service from China to Krishnapatnam Port. The service to be operated by Maersk line in partnership with


Industry Wants Hanjin Shipping to Merge with Hyundai Merchant Marine

Photo: Hanjin Shipping

 The Korea Shipowners’ Association (KSA) has officially suggested Hanjin Shipping merge with Hyundai Merchant Marine (HMM) to prevent  court receivership and liquidation, reports Business Korea.   This is the first time that the industry recommends the merger of the two


Half a Century at Sea

Captain Siegfried Schmerer points to a model of the Bonn Express. It was the first ship he has ever captained. (Photo: Hapag-Lloyd)

Siegfried Schmerer already dreamed of becoming a captain as a young boy. Later, as a sailor on a coaster, he suffered from seasickness. Though he thought about giving up, he stuck with it and eventually worked his way up all the way to the bridge


Samskip Acquires Euro Container Line AS

Norway Ports Map (Photo: Samskip)

Samskip has completed the acquisition of Euro Container Lines AS, building on a strategy for growth in the Nordic area to make its largest ever acquisitive move in Norway.   The ECL acquisition aims to strengthen Samskip’s position in the Norwegian market by enhancing the speed and


Carriers have Withdrawn Extremely Low Spot Market Freight Rates - Drewry

Figure 1. Major routes where rates have bottomed out (all-in rates in US$ per 40ft container)Note Rates include BAF and THCs at both ends Source Drewry Container Freight Rate Insight (www.drewry.co.ukcfri)

Drewry’s Global Freight Rate Index, a weighted average of spot container freight rates across all major routes except intra-Asia, swung back in July by 13% to reach $1,403 per 40ft box. The global spot rate index had dropped to an all-time low of $1,113 per 40ft container in April.


Maersk Line's Innovative Smart Reefers

Image: The Maersk Group

 Have you heard about Maersk Line's smart reefers that can listen and talk? Cutting edge technology that reduces risk in customer supply chain, claims Maersk Line.   "We’re always looking for ways to improve cargo care on behalf of our customers


Yangzijiang Shipbuilding to Slash 2,000 More Jobs

Chinese shipbuilder Yangzijiang Shipbuilding Holdings Ltd said it plans to cut 2,000 additional jobs, just under 10 percent of its current workforce, stepping up efforts to cut costs as new vessel orders slide amid a volatile global economy.


Hapag-Lloyd: UASC Merger Benefits to show in 2017

file image (Credit: Hapag Lloyd)

German container shipping line Hapag-Lloyd expects to reap a third of targeted annual synergies of $400 million from the planned merger with Arab rival UASC already next year, chief executive Rolf Habben Jansen told investors on Friday. Addressing a shareholders meeting which will decide on


Shenzhen Port to Adopt China ECA Regulation

Photo courtesy:  Focus Technology Co

 China's Shenzhen port is set to to adopt requirements for ships at berth requiring to burn marine fuel with sulfur content not exceeding 0.5 percent starting October this year, according to Huatai Insurance Agency & Consultant Service.  






 
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