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Container Status

Update: Damaged MOL Containership

Photo: PTI

Mitsui O.S.K. Lines, Ltd. (MOL) released a statement updating the status of the containership MOL Comfort as of 11 p.m. JST on June 19, 2013. The vessel could not continue sailing under its own power from June 17 because the hull fractured in two parts while under way on the Indian Ocean, the company said. Mol Comfort', the 316-m-long vessel was carrying 4,500 containers from Saudi Arabia when it split into two roughly 840 nautical miles off the coast of India. The Indian Coast Guard coordinated the rescue of all 26 of the ship's crew (12 Russians and 14 Filipinos). Currently, the aft part is drifting near 13’00”N 61’29”E in an east-northeast direction. The status of the fore part is to be confirmed while the visibility is limited due to adverse weather. The patrol boat which has departed Port of Jebel Ali, U.A.E. on June 19, as mentioned in the Update (No.3), is expected to arrive at the ocean site on June 24. Some of the containers might be lost or damaged during the incident, but majority of the cargo are confirmed to be aboard the aft part. The status of the fore part is to be confirmed. MOL has contracted a salvage company and is proceeding to rescue the cargo and hulls. There have been no confirmed large volume of oil leakage. Sources: MOL, Staff

USTRANSCOM Deploys Container Security System

The United States Transportation Command recently deployed a container security system which detects tampering and helps protect military container shipments moving from to .  USTRANSCOM introduced the CommerceGuard container security system, provided by GE Security, Inc., a business of GE Enterprise Solutions, to better protect its container shipments. Based at Scott Air Force Base, , USTRANSCOM directs and supervises execution of the military supply chain for the Department of

NY Provides Real-Time Shipping Information

The Port Authority unveiled a Web site that provides real-time information on ship arrivals at the Port of New York and New Jersey, as well as the status of cargo and activity at terminal gates. Under a $1.9 million contract with the Port Authority, the new system known as Freight Information Real-time System for Transport or FIRST is being developed by Americas Systems Inc. (ASI) of Murray Hill, N.J. Representatives of the shipping industry and other public and private sector organizations

Iridium Sand Impeva to Expand Collaboration

Iridium Satellite and Impeva Labs will expand their current collaboration in the implementation of a real-time container monitoring, tracking and security system on behalf of the Port Authority of New York and New Jersey (PANYNJ). PANYNJ recently awarded a contract to Impeva Labs as part of the federal Operation Safe Commerce (OSC) Phase III. Iridium and Impeva Labs have collaborated during the past four years in several platforms and products

Sea Containers Being Investigated

The law firm of Finkelstein, Thompson & Loughran announces that a lawsuit seeking class action status has been filed in the United States District Court for Southern District of New York against Sea Containers Ltd. and certain of its officers and directors on behalf of purchasers of Sea Containers securities between March 15, 2004 and March 24, 2006, inclusive, Finkelstein, Thompson & Loughran is investigating similar claims at this time and welcomes inquiries from

Port Security Initiative Enters Phase Two

The Strategic Council on Security Technology announced the global rollout of Phase Two of the Smart and Secure Tradelanes (SST) initiative. In the last year, SST has become the largest cargo security program in operation, helping global shippers to automatically track the location and status of containers while creating a system to detect and report container tampering. The second phase of SST focuses on further expansion of the global network, extending operations, shipments

Transocean Provides Fleet Update Summary


Transocean Ltd. (NYSE: RIG) (SIX: RIGN) today issued a monthly fleet update summary covering only newly signed contracts, significant changes to existing contracts and changes to estimated out of service time of 60 days or more since our quarterly fleet status report dated April 14, 2011. Drilling rig status and contract information on the company's offshore drilling fleet has been condensed into a report titled "Transocean Fleet Status Report

Hercules Offshore Provides November Fleet Status Report

Hercules Offshore, Inc. published the November Fleet Status Report.  The report includes the Hercules Offshore Rig Fleet Status (as of November 21, 2013), which contains detailed contract information for each of the company's drilling rigs. The report also includes the Hercules Offshore Liftboat Fleet Status Report, which contains information by liftboat class for October 2013, including revenue per day and operating days. 

Kalmar New Reachstacker to Boost Performance

The New Gloria Reachstacker

  Kalmar, part of Cargotec, has announced the launch of its new Gloria reachstacker specifically designed for empty and semi-laden container handling. With the ability to handle all types of containers, flat racks and single loads of up to 10 tonnes, the DRG100 is the latest addition to Kalmar's highly successful Gloria range of reachstackers. Available in two models, the DRG100-S6 stacks 6 containers high in the first row and theDRG100-S8

CMA CGM Boosts Container Monitoring Investment

The CMA CGM Group have contributed to the capital increase of French startup TRAXENS, adding to two other investment funds, CAAP Création (Crédit Agricole Group) and S.C.R. Provençale et Corse (BPPC Group), that are also part of the initiative.     TRAXENS develops container monitoring, geolocation and multimodal coordination systems.   CMA CGM said the capital increase will be dedicated to financing new research and development programs

SSA Welcomes Decision To Extend BEO


  The Singapore Shipping Association (SSA) has welcomed the decision by Singapore’s Minister for Trade and Industry to extend the Competition (Block Exemption for Liner Shipping Agreements) Order (BEO) for another five years until 31 December 2020

SCCT Prepares to Boost Vessel Traffic with 24-hour Access

Photo by APM Terminals

 A formal signing ceremony will now enable vessels to transit to Port Said East through a new side channel to be constructed bypassing the Suez Canal’s main entrance.   Vice Admiral Mohab Mamish, the Head of the SCA, formally approved the construction of a new 9

DP World, SCA Pact for Ain Sokhna Port Development

Photo: DP World Sokhna

 Suez Canal Authority (SCA) and the Red Sea Ports Authority signed an agreement with Dubai Ports World (DP World) and Sonker Bunkering Company for the development of Egypt’s Ain Sokhna seaport, reports Egypt Independent.   The signing of the deal comes in line with directives by

Euroseas Sells C/V Marinos

CV Marinos Courtresy Euroseas

  Euroseas Ltd.  an owner and operator of drybulk and container carrier vessels and provider of seaborne transportation for drybulk and containerized cargoes, announced today the sale of C/V Marinos (a 1,599 TEU Container vessel, built in 1993) to an unaffiliated third party (the

Maersk Looks to Raise Asia-Europe Box Rates

File image: a Maersk Containership alongside during cargo operations.

The world's largest container shipping company, Maersk Line, plans to raise spot freight rates sharply on main routes from ports in Asia to ports in northern Europe, with effect from Dec. 1, the company said on Tuesday. Spot rates for twenty foot equivalent unit containers (TEU) will rise by $1

ClassNK Drafts Amendments to Containership Rules

MOL Comfort (File photo: TMC Marine)

Classification society ClassNK has released draft amendments to its rules and guidance for container carriers, with the aim of implementing more comprehensive rules for increased ship safety. The amendments were approved by the ClassNK Technical Committee in Tokyo on November 19.  

Port of Bronka Prepares for Opening

Photo: Port Bronka

Technical plant and equipment installation for the first stage of Bronka’s port facilities is now complete with the Liebherr LHM 800 mobile port crane installed at the end of September, bringing the port closer to operation.   The deepwater Port of Bronka is located on the outskirts

UASC Sees Big Drop on Asian-Europe Route

Photo by United Arab Shipping Company

 Kuwait-headquartered United Arab Shipping Company (UASC) said that marked drop in Asian imports to Europe, made worse by a strong dollar, has heaped pain on container lines already struggling with massive over capacity, reports Reuters.  

Terex Cranes for ICTSI

Three similar cranes will be supplied to Basra

  Terex Port Solutions (TPS) has received an order from a subsidiary of International Container Terminal Services, Inc. (ICTSI) in Iraq for two Terex shiptoshore cranes (STS) and three Terex rubber-tyred gantry cranes (RTG). With this order including comprehensive services, TPS and ICTSI

Idling Fleet Continues to Surge

Stats by Drewy

 Owners are rapidly laying up containerships as the market slows. The size of the idle fleet will get bigger while rates and profits slide, says Drewry Shipping Consultants Limited.   The number of idle container vessels has gained momentum in November and hasjumped 52 percent from

Maersk to Idle Vessel

Morten Maersk. Photo by Maersk Line

 The world's biggest container-ship operator Maersk Line  has confirmed market talk that it has temporarily idled one of its largest vessels - yet another sign that the industry is in dire straits, says a report in the The Straits Times.  

CMA CGM Slashes Fleet CO2 Emissions by 50%

Graphics: CMA CGM

 CMA CGM, a leading worldwide shipping Group, is pleased to announce a 50% improvement in its CO2 performance for its owned fleet. Thanks to an efficient environmental policy sustained by deploying innovative solutions, this success was accomplished in 10 years.  

Shipping to See Further Consolidation

Image by MarineLink

 The CMA CGM's move to buy Singapore’s Neptune Orient Lines (NOL), could lead to one of the biggest acquisitions in the shipping container industry in years.   If it goes through, NOL and CMA's merger would be the biggest container shipping deal in years

Pressure on Container Market Akin to 2008 Recession: UASC

Photo: United Arab Shipping Company

 A marked drop in Asian imports to Europe, made worse by a strong dollar, has exacerbated the pressure on shipping lines already struggling with massive over capacity, Arabian Supply Chain quotes United Arab Shipping Company (UASC) as saying.  

Evergreen Line Orders Ten 2,800 teu Ships

Photo: Evergreen Shipping Singapore

 Taiwanese shipping company Evergreen is ordering ten 2,800 TEU container ships from Japanese shipbuilder Imabari Shipbuilding Co.,Ltd and compatriot CSBC Corporation.   The deal between the companies is to buy 10 new 2800 TEU container vessels. The Contract value is $390mln.  

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