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
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
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 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 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
The Swedish paper and timber products manufacturer Svenska Cellulosa Aktiebolaget (SCA) and its transport and logistics unit SCA Transforest have been operating a regular scheduled liner service called Container Express since March 1 2010, linking northern Sweden and the Port of Hamburg. The vessel Flintercape, with a carrying capacity of 809 TEU, sails from the ports of Sundsvall and Holmsund (Umeå) in northern Sweden to Hamburg every 10 days
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.
*Container throughput in Hamburg up by 2.1 % *Container transport grows by 9.0 % *Improvements in revenue and operating result *HHLA confirms forecast In the first half of 2014, Hamburger Hafen und Logistik AG (HHLA) increased its revenue by 5.2 percent to € 595.7 million and improved its operating result (EBIT) by 3.4 percent to € 81.4 million. HHLA has confirmed its forecast for the full year 2014.
Last Tuesday’s announcement of the formation of the “Ocean Three” alliance – actually a combination of vessel sharing, slot exchange and slot charter agreements – confirmed one of the worst kept industry secrets
The Port of Virginia marks an important milestone Monday 14th September as Portsmouth Marine Terminal (PMT), closed for nearly three years, reopens to cargo operations. At 8 a.m. on Monday, the terminal will begin receiving trucks carrying containers for export
Container cargo shipments declined by 9.1 percent in August at the Port of Long Beach, reflecting both early shipping by importers this year and the comparison to an August last year that was the Port’s busiest month since 2007.
SC-integrity, Inc. (LoJack SCI) and Contguard Ltd. announced a strategic alliance designed to provide their customers with security and real-time visibility of supply chain assets and cargo on a global basis. LoJack SCI will exclusively offer the Contguard CMU (Cargo Monitoring Unit) service
The Ferguson Group announces that it has been acquired by Brambles Limited for an enterprise value of £320 million. Brambles Limited is a supply-chain logistics company operating in more than 50 countries, primarily through the CHEP and IFCO brands
A number of orders are reported by Clarkson Hellas in their latest S&P Weekly Bulletin, with contracts being signed across the Dry Bulk, Tanker and Container markets. Dry bulk carriers Activity has been focused amongst the small/midsized vessels with Empros Lines reported to have signed up
The CMA CGM Group announced the signature of three major agreements on the biggest worldwide maritime trades with China Shipping Container Lines (CSCL) and United Arab Shipping Company (UASC). Under the name of Ocean Three, the agreements; which include a combination of vessel sharings
Leading provider of classification services to the maritime and offshore industries, ABB, says it has been chosen to class two LNG-fueled containerships to be built in China for German owner GNS Shipping/Nordic Hamburg. The 1,400 teu vessels will feature dual-fuel propulsion enabling them
Wednesday at the SMM trade fair in Hamburg, DNV GL presented Hyundai Heavy Industries (HHI) and United Arab Shipping Company (UASC) with an Approval in Principle (AIP), recognizing the technical feasibility of the LNG fuel system design for the A14 and A18 series of container vessels
Hamburg Süd’s Cap San Lorenzo docked for the first time in the port of Rotterdam on Thursday, September 4. At the Euromax Terminal, the captain was presented with the traditional port plaque associated with a maiden call
United Arab Shipping Company (UASC) has selected WaveCall Plus VSAT (Very Small Aperture Terminal) services from Marlink to provide reliable connectivity for its new build fleet of 17 containerships, first vessel due for delivery by the end of 2014.
Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell by 6.6 percent to $1.055 per 20-foot container (TEU) in the week ended on Friday, one source with access to data from the Shanghai Containerized Freight Index told Reuters.
Diana Containerships Inc., a global shipping company specializing in the ownership of containerships, today announced that, through a separate wholly-owned subsidiary, it took delivery of the m/v YM March, a 2004-built Post-Panamax container vessel of 5
Kalmar, part of Cargotec, has entered the record books thanks to the remarkable heavy lift capabilities of its latest reachstacker, named Super Gloria. The reachstacker lifted a steel component weighing over 100 tonnes in front of an invited audience on Friday
Retailers concerned by the lack of a West Coast longshoremen’s contract will continue to bring merchandise into the country at above-average levels this month but volume will drop from the record set in August, according to the monthly Global Port Tracker report released by the National