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
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
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
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
Hamburg Süd christened its third container vessel in the new San class yesterday, officially naming newbuild San Vicente at the Cuenca del Plata terminal in Montevideo. The new ship class in the Hamburg Süd fleet has a nominal container slot capacity of around 9,000 TEU and with 1,370 reefer slots for refrigerated containers a correspondingly high reefer capacity. San Vicente’s sponsor is Elisa Maier, wife of Roland Maier
Federal safety investigators traveled to Florida on Tuesday to investigate the U.S. container ship lost at sea after being hit by powerful Hurricane Joaquin, leaving one person confirmed dead and 32 others missing. The team from the National Transportation Safety Board left Washington for
United Arab Shipping Company (UASC) has confirmed that its reefer business will continue to expand. Following several initiatives including investment in new reefer units, and a cooperation agreement with Hamburg Süd opening up new services to South America
Kalmar, part of Cargotec, has announced a large contract to heighten and extend the handling capabilities of eight ship-to-shore (STS) cranes at MSC Terminal VLC in Valencia, Spain. The order is the largest ever for Kalmar Crane Upgrades business
The Coast Guard medically evacuated a 46-year-old man from a 738-foot container ship approximately 6 miles south of Santa Rosa Island, Sunday. At 10:01 a.m., Sunday, watchstanders at Coast Guard Sector Los Angeles/Long Beach command center received a report from the crew of the
DP World is expanding its container terminal at Port of Caucedo following the expansion of the Panama Canal to accommodate larger container ships, reports ASC. DP World will increase the capacity of the port to 2.5-million TEU and started work to increase the depth of the quay wall
Search and rescue teams on Sunday located debris which appeared to belong to the cargo ship El Faro that went missing in the eye of Hurricane Joaquin with 33 mostly American crew members aboard, the U.S. Coast Guard and the ship's owner said.
The first three of the world’s largest and most technologically advanced Ship-to-Shore (STS) container cranes and two rail mounted cranes for the intermodal rail facility have been delivered to APM Terminals’ Lázaro Cárdenas (TEC2)
Maersk Line will add a call at the port of Laem Chabang in Thailand on its Boomerang service starting from October 2015. This unique setup offers Thai exporters and importers with the first and only direct service between Thailand and Australia.
The Subic Bay Metropolitan Authority (SBMA) said that the volume of container cargo handled the Port of Subic between January and August nearly doubled year on year. SBMA Chairman Roberto V. Garcia said container volume at the Port of Subic has already reached 83
CMA CGM Bougainville is billed as the first containership in the world to be equipped with TRAXENS technology, which transforms containers into smart, connected objects. Newly built CMA CGM Bougainville, the 18,000 teu flagship of French container shipping company the CMA CGM Group
Total annual operating costs in the shipping industry fell by an average of 0.8 percent in 2014, said international accountant and shipping consultant Moore Stephens. This compares with the 0.3 percent average fall in costs recorded for 2013
UK P&I Club, a shipping protection and indemnity mutual insurers, and TT Club, an international transport, freight and logistics insurance provider, have welcomed the amendment to the Safety of Life at Sea Convention (SOLAS) from the International Maritime Organization (IMO) on the
Moody’s Investors Service (Moody’s) changed the rating for German Container shipping company Hapag-Lloyd to positive from stable, thanks to cheaper fuel. According to Moody’s the outlook on the B2 corporate family rating (CFR)
Multipurpose Sea Cargo Complex Bronka took delivery of a LHM 800 mobile harbor crane from Liebherr Maritime Cranes on September 26, marking delivery of the first LHM 800 in heavy lift configuration. Located at the southern shore of the Gulf of Finland
With the opening of three new offices in Asia, The Palau International Ship Registry (PISR) said it is pushing ahead with a growth strategy intended to place the Palau flag among the region’s foremost ship registers. The newly opened offices in Qingdao and Dalian, China, and Tainan