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.
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
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.
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.
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
China Shipping Container Line’s (CSCL) Xin Qin Huang Dao recently made its maiden call at the Adriatic Gate Container Terminal (AGCT), International Container Terminal Services, Inc.’s (ICTSI) container handling facility in the Port of Rijeka, Croatia, which marked the launch of a service of the Ocean 3 alliance, connecting Rijeka and other European ports to Asia and North America. The vessel arrived at the AGCT last 18 February and is deployed to Ocean 3’s Phoex
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
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
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
Lloyd’s Register launched its 2015 Container Certification Scheme today to give a clear and concise set of rules to ensure offshore and onshore containers are safe and certified correctly. Aimed at both manufacturers and operators of equipment in the intermodal industry, the Lloyd’s Register Container Certification Scheme (LRCCS) gives industry the latest requirements for the design
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 fourth quarter and year ended March 31, 2015. Consolidated cargo across all ports handled by the company was
The Iranian Embassy in Denmark has reportedly said that a cargo ship recently impounded the Persian Gulf by Iranian Navy forces will be released if the ship’s operator company settles its overdue debts to an Iranian plaintiff.
Panama’s cabinet council has approved a request by the Panama Canal Authority (ACP) to modify the canal toll structure and implement volume-based discounts for container ships. The new toll schedule will take effect April 1, 2016.
The U.S. military signaled on Friday it may allow warships to accompany other nations' vessels through the Strait of Hormuz, after Iran's seizure of a container ship this week prompted the Navy to start accompanying U.S.-flagged vessels.
International Container Terminal Services, Inc.’s (ICTSI) Subic Bay Freeport unit, Subic Bay International Terminal Corp. (SBITC), in partnership with the Subic Bay Metropolitan Authority (SBMA) and the Bureau of Customs (BOC), recently opened a one stop shop (OSS) to fast track
UAE based Gulftainer, a terminal operating and logistics company, set a new record for the handling of the largest unloading and loading of a single vessel call at its Khorfakkan Container Terminal (KCT), at 19,561 TEUs (Twenty-foot equivalent unit).
U.S. Navy ships started accompanying U.S.-flagged commercial vessels passing through the Strait of Hormuz on Thursday, seeking to ensure freedom of navigation two days after Iran seized a cargo ship, U.S. defense officials said. The officials, speaking to Reuters on condition of anonymity
Rickmers Group reports that a representative of its company today has been allowed to board the seized container vessel Maersk Tigris, following an urgent request to Iranian authorities. The seized ship, managed by Rickmers Shipmanagement (Singapore), has a crew of 24 seafarers
Freight rates for the shipping of containers from Asia to Northern Europe fell by 1.7 percent to a record low $343 per 20-foot container (TEU) in the week ended Thursday, a source with access to data from the Shanghai Containerized Freight Index told Reuters.
Denmark's Maersk shipping said on Thursday it insisted on the release of a vessel and crew seized by Iran, adding it assumed the incident was related to a 2005 court case over uncollected cargo. The Marshall-Islands flagged Maersk Tigris container ship was detained by Iranian forces in the
The Cabinet Council of the Republic of Panama has officially approved a proposal to modify the Canal tolls structure, following a recommendation from the Panama Canal Authority (ACP) Board of Directors. The accepted proposal—which modifies the pricing structure for most Canal
The White House said on Wednesday it was concerned about the impact on navigation caused by Iranian authorities' seizure of the Maersk Tigris container ship in the Strait of Hormuz and said it was monitoring the situation. White House spokesman Josh Earnest said no injuries had been
By focusing on operational improvements, shipping companies are reducing fuel consumption, saving money and cutting greenhouse emissions, while continuing to increase the amount of freight transported. Maersk Line, the world's largest container carrier
The Korean government announced plans to add a further 15 berths to its flagship Busan New Port in the south of the country to increase container capacity by 15.8 million TEU. The new facilities will be a mix of container terminals, feeder terminals and multipurpose terminals and work will begin
United Arab Shipping Company (UASC) named container vessel M.V. Barzan at Hyundai Samho Heavy Industries (HSHI), Mokpo South Korea today. The ship, the largest in UASC’s fleet to date, is part of the industry’s first LNG-ready ultra-large container vessel fleet.