Container Shipping Service
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.
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.
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
Port Commission approves Barbours Cut, Bayport, crane deals, new Bayport gate system. In keeping with its commitment to continue developing Bayport Container Terminal in addition to modernizing Barbours Cut, the Port Commission of the Port of Houston Authority at its May 21 meeting, awarded a nearly $50 million contract to Konecranes Finland Corporation for four electric wharf cranes at Barbours Cut Container Terminal.
Troy Container Line Ltd., an American-owned NVOCC, announced the appointment of Paul Keany as sales representative. Based in the company’s Red Bank, N.J. office, Keany has been charged with expanding Troy Container Line’s long-standing tradition of personalized service and care in New Jersey, Philadelphia and the Baltimore region. In this position, he will work closely with the company’s current clients while also establishing new relationships in the Northeast and beyond.
The Port Commission of the Port of Houston Authority (PHA) approved $1.4m in contracts and projects for the Bayport container and cruise terminals to permit it to meet future demands -- including a new 50-acre container yard -- that will require heavy-capacity forklift and yard tractors. Included in the provisions are: a change order to McCarthy Building Companies, Inc. for Bayport Terminal Complex Phase 1 Container Yard - Stage 1 for $186,929; a change order to Morganti Texas,
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
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
Crowley Liner Services, the first tenant in Port Everglades developing Southport Container Complex and the largest container volume producer, has agreed to reconfigure its leasehold, a move that is strategically beneficial for both Crowley and Port Everglades. The Broward County Board of County Commissioners has approved a recommendation by the Port Everglades Department to relocate a portion of the current leasehold to the south of Crowley’s current terminal
Contract awarded for a second container terminal that will double the African state's capacity. The Ivory Coast Government has awarded a contract for the construction of a second container terminal at the port of Abidjan to a consortium of French companies Bollore, Bouygues and Danish group AP Moller-Maersk A/S. The project envisages the design, financing, construction, development, equipment and operation of the terminal, which will have a capacity to service 1
Container truck drivers at Canada's largest port reached a new deal on Thursday, narrowly avoiding an expanded job action that would have seen some 400 unionized drivers join about 1,200 non-unionized drivers who walked off the job last week.
The US Coast Guard inform that search and rescue personnel at the District Seven Command Center in Miami are coordinating fire-fighting efforts on a towed 730-foot barge loaded with containers on fire about 86-miles northeast of Nassau, Bahamas.
March 6 marks the start of a new service from Los Angeles gateway. CaroTrans, a global NVOCC (non-vessel operating common carrier) and ocean freight consolidator, has announced a new weekly, direct, all-water LCL (less than container load) service from the U.S
Kenya's main port of Mombasa handled 1.8 percent more cargo in 2013, aided by improved efficiency and capacity, the port's management said. Landlocked neighbors like Uganda and South Sudan rely on the port for the shipment of commodity exports and imports
Ship Finance International Limited (SFL) announced that it has agreed to acquire seven 4,100 teu container vessels built in 2002 in combination with long-term charters to a leading container line operator. The vessels are expected to be delivered to SFL over the course of the next few weeks
ISS-Tositti, the joint venture formed at the beginning of 2005 between the independent marine services organization, Inchcape Shipping Services (ISS), and Venice-based Tositti & C., is teaming up in a new strategic partnership with the Koper-based port agency, Navigo Logistika
Unionized container truck drivers at Canada's largest port voted on Saturday to join a strike by their non-unionized colleagues, who walked off the job on Wednesday over a long-running dispute about pay and services. Unifor, which represents about 400 container truck drivers at Port Metro
Reuters – Unionized container truck drivers at Canada's largest port voted on Saturday to join a strike by their non-unionized colleagues, who walked off the job on Wednesday over a long-running dispute about pay and services. Unifor, which represents about 400 container truck drivers at
The P3 agreement between Maersk, MSC, and CGM CMA continues to roil the waters. While the agreement’s pros-and cons are about to be scrutinized in an upcoming meeting between America’s Federal Maritime Commission, the European Competition Commission
Together with customers and business partners, Hamburg Süd yesterday celebrated the christening of its containership Cap San Lorenzo at the Exolgan Terminal in Buenos Aires. The Cap San Lorenzo is the fourth containership in a series of six newbuilds for the company in the new Cap San class
Troy Container Line Ltd., one of the largest American-owned NVOCCs, today announced the promotion of Leeanne O’Reilly to Export Supervisor at Troy Container Line. Based in the company’s Red Bank, N.J. office, O’Reilly will oversee the unification of the FCL and LCL Export
South Shields based Solar Solve Marine received an order from Korea for four ship-sets of its SOLASAFE roller sunscreens. The screens are to be installed at the navigation bridge windows of four very large container carriers currently under construction at Daewoo’s DSME Okpo shipyard on
Reuters - Yangzijiang Shipbuilding Holdings Ltd, a top Chinese shipbuilder, plans to build more mega container ships for shipowners eager to cut operating costs. Yangzijiang is China's third-largest listed shipbuilder by market capitalisation and has boasted profit margins that dwarf those of
In 2013 the Port of Hamburg achieved total throughput of 139 million tons. That represents growth of 6.2 percent. Both general cargo handling totalling 96.8 million tons (+ 5.7 percent) and bulk cargo handling at 42.3 million tons (+ 7.2 percent)
Q4 net profit falls to $936 mln vs $808 mln forecast; Company will issue bonus shares. Danish shipping and oil group A.P. Moller-Maersk said 2013 net profit fell less than expected thanks to higher earnings at container shipping business Maersk Line