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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. “This will continue over the long term as Asian consumer markets develop.” By 2015, Intra Asia will contribute 32% of global containerised trade, with the Asia-U.S. and Asia-Europe trades 17% and 18% respectively, according to analyst Global Insight. Wong said that along with China and India, South East Asian economies such as Vietnam and Indonesia had shown resilience to the global crisis and had continued to grow in 2010. More transportation services will be required to support the growth of freight moving within Asia, according to Wong, who identified North Asia to South East Asia as a high potential trade. To serve this market, he said, APL launched the Japan Thailand Vietnam and Korea China Straits services in 2009. Wong said freight infrastructure development must be a top priority across Asia to optimise trade flows and maximise economic growth.


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


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


Laid-Up Container Ships

A sharp contraction in world trade has idled more than 200 container ships, threatening the survival of many companies, according to The Journal of Commerce. "The slump in container shipping appears certain to extend into 2010 or beyond. Some companies won't survive," said Joseph Bonney, editor-in-chief of The Journal of Commerce. Carriers operating from Asia to Europe, the world's busiest container trade route, are expected to lose up to $5b this year


Crowley Acquires 400 Additional 53' Containers

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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


Aries Maritime Announces Extended Period Charter for the Ocean Hope

Aries Maritime Transport Limited announced it has extended the existing period charter for the Ocean Hope, a 1989-built container vessel, with China Shipping Container Lines (CSCL). The extended charter is for a period of 24 months at a net rate of $13,300 per day, commencing on June 13, 2007. The Company also announced that the MSC Oslo, a 1989-built container vessel, returned to service on April 14, 2007, following the completion of works necessary to achieve the speed required


Taiwan Container Ships to Serve New Routes

Evergreen Marine Corp. partnered with  French-based CMA CGM Grou, & Yang Ming Marine both offer new container services. Evergreen's new route, called South Red Sea Service, connects Southeast Asia, the Indian subcontinent, and countries near the Red Sea, as well as provide services into landlocked African countries like Ethiopia through the East African country of Djibouti, reports Focus Taiwan. The new Red Sea service will begin May 2 with a container ship departing from Port of


Hanjin Makes Maiden Call to Boston

Hanjin Milano made its maiden call at Conley Terminal Friday (Photo: Massport)

The containership Hanjin Milano made its maiden call at Conley Terminal Friday, the Massachusetts Port Authority (Massport) announced. This is the first time that Hanjin Shipping has called the Port of Boston directly, opening a new channel of economic impact for the region. “The Port of Boston is the waterborne trade gateway for New England and a primary economic engine for the Commonwealth of Massachusetts,” said Thomas P. Glynn, Massport CEO


Hamburg Cargo Volumes at Record High

© HHM / M. Lindner

Seaborne cargo throughput of 110 million tons in the first nine months sets new record for Port of Hamburg    With total throughput of around 110 million tons, the Port of Hamburg set a new record in the first nine months of 2014. Almost all throughput segments contributed to a growth of 5.7 percent. Container handling, which dominates in Hamburg as a universal port, also achieved a record mark of 7.4 million TEU (20-ft standard containers). Gaining 6


Imabari Bags Order for 11 ULCCs

CONTAINER CARRIER COURTESY Imabari Shipbuilding

  Imabari Shipbuilding Co., Ltd. (Imabari), with the cooperation of Marubeni Corporation, has secured newbuilding order for eleven (11) units of 20,000TEU Ultra-Large Container Carriers, the largest type container carriers in the world as of today.


Long Beach Port to Boost Power, Speed Clearance

Chief Executive Jon Slangerup

  Port of Long Beach Chief Executive Jon Slangerup on Thursday unveiled ambitious plans for congestion-beating smart systems for cargo movement and an all-out push to achieve energy resilience for port operations with wind turbines, solar cells and other clean technologies


Congestion is Port of Long Beach’s Toughest Issue

Jon Slangerup (Photo courtesy of the Port of Long Beach)

Slangerup’s State of the Port address outlines goals for Energy Island, smarter supply chain   In his first-ever State of the Port address, Port of Long Beach Chief Executive Jon Slangerup on Thursday unveiled plans for congestion-beating smart systems for cargo movement and an


Imabari to Build 20,000TEU Containerships

Imabari Shipbuilding Co., Ltd. announced it has secured newbuild orders with the cooperation of Marubeni Corporation for 11 units of 20,000TEU Ultra-Large Container Carriers, the largest type containerships in the world as of today. The new ships


Nordbank Eyes Bad Shipping Debt Deals

Image:  HSH Nordbank AG website

The world’s largest financier of ships HSH Nordbank AG wants to move forward in 2015 with the removal of bad shipping loans that racked up during a seven-year glut in the global container fleet, reports Bloomberg.   The bank plans several transactions in which external shipping


Maersk Line to Increase Asia-Europe Rates

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Maersk Line, part of Denmark's A. P. Moller-Maersk, plans to increase shipping freight rates for transporting containers from ports in Asia to Northern Europe by $400 per 20-foot container (TEU) from Feb. 1, it said on Tuesday. Rates on the route, the world's busiest for container shipping


ZIM Launches Monitoring and Tracking Service

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ZIM integrated shipping services has announced the launching of a new monitoring, tracking and security services package, specifically designed for valuable and sensitive cargo stowed in reefer containers. The service allows customers to closely monitor their cargo's status


CakeBoxx, Globe Tracker Partner for Asset Tracking

Globe Tracker International, a company in global autonomous asset tracking, monitoring, remote management and data sharing services, and CakeBoxx Technologies, developer of CakeBoxx door-less intermodal shipping containers, today announce their strategic partnership.


Port of Antwerp Throughput up 4.3%

Antwerp port

  The port of Antwerp handled 199,012,082 tonnes of freight in 2014, a rise of 4.3% compared with the previous year. The new record that was already announced at the end of December is put into sharper focus by these figures. The record growth has been driven by the volume of containers (up 5


Puget Sound Container Volumes Flat in 2014

Port of Seattle image by Don Wilson

Container volumes through Puget Sound’s largest container ports remained flat in 2014, according to numbers released jointly for the first time by the ports of Seattle and Tacoma.   “Reporting our combined cargo volumes demonstrates our commitment to the Seaport Alliance


Pacifica Rolls Out New Container Vessel

Picture by Pacifica Shipping

Pacifica Shipping, New Zealand's coastal shipping company, is launching a new container vessel from March replacing a smaller vessel whose charter has ended, reports The Stuff.  The Spirit of Canterbury would provide greater capacity for customers including reefer cargo and replace the


Maersk McKinney Moller Sets Container Loading Record

Pic: Maersk Line

18,612 TEUs is the new world record for container loading, and was won by Maersk Line's Triple E Class vessel, Maersk Mc-Kinney Moller, first in the series of behemoths Danish company, which sailed early in the week from the port of Algeciras, Spain with this huge cargo


Adani Ports Consolidated PAT Shoots Up by 37%

Gautam Adani

Adani Ports and Special Economic Zone Limited (“APSEZ”), India’s largest port developer and part of Adani Group, today announced the financial results for the third quarter and nine months ended December 31, 2014. Consolidated cargo handled by the company was 108 MMT in 9M-FY15


Reftrade Upgrades Fleet Refrigeration Systems

Photo courtesy of Reftrade

Reftrade UK  has made an investment to upgrade its fleet with environmentally friendly technology. The world’s first refrigeration system to use CO2 as a natural refrigerant, NaturaLINE, has been installed in Reftrade UK’s fleet


First Container for LNG Hybrid Barge

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The HUMMEL (bumblebee) LNG Hybrid Barge will enable Becker Marine Systems to supply low-emission power to cruise ships lying at port in Hamburg. The first container with LNG fuel has arrived in the Hanseatic City. The barge works like a floating power plant and uses LNG to supply






 
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