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Container Vessel

Shipyard Builds Container Vessel in 54 Days

According to reports, Shanghai Shipyard & Chengxi Shipyard Company Ltd built a 3,500 TEU container vessel in only 54 days, breaking China's record of 60 days for a mid-sized container vessel. The team has already signed orders till the end of 2009. The state-owned Shanghai Shipyard & Chengxi Shipyard Co. updated their traditional shipbuilding skills when they moved to Chongmong Island from Lujiazui area in Pudong. The original technique took more than 140 days to build a 3,500 TEU container vessel. Shanghai Daily News


OOIL Orders Two Containerships For $160M

Orient Overseas (International), the shipping giant controlled by Hong Kong Chief Executive Tung Chee-hwa's family, said two of its subsidiaries have entered into a contract with Samsung Heavy Industries Co Ltd to build two container vessels. The two post-Panamax container vessels, worth a total of $160 million, represent about 20.9 percent of OOIL's net tangible assets, the company said in a published statement. Each can carry 7,400 teu


Lloyd’s Register to Class New Fleet of Container Ships

Lloyd’s Register will class a series of five 8,100teu container ships to be built at Samsung Heavy Industries. The ships, ordered by Seaspan and China Shipping Group, are the largest container vessels to be built in South Korea. Lloyd’s Register, the market leader for construction of this size of container vessel, won this contract with a comprehensive package of benefits relating to each stage of the design, new construction and operation phases.


World’s Largest Full Spade Rudder Installed

Reportedly the world´s largest full spade rudder, engineered by Becker Marine Systems, has been recently been successfully installed on the first of a series of 8,400 TEU container vessels currently building at Daewoo Shipbuilding & Marine Engineering (DSME) in South Korea. The vessel is owned by Norddeutsche Vermögen and will be chartered to Hapag Lloyd. The installed twisted TLKSR® rudder measures 67 m2 and is designed for a speed of about 26 knots.


Containership Giant Calls Hamburg on Maiden Voyage

On February 23 2011, the container vessel CSCL Star called the port of Hamburg on her maiden voyage in their Far East liner service Asia-Europe Express-1/China-Europe-Mediterranean Service (AEX-1/CEM).  CSCL Star with a capacity of 14 074 TEU, based on her container slot capacity, is the largest container vessel ever dispatched in the port of Hamburg. With a length of 1,200 ft and a beam of 168 ft the CSCL Star can load 20 rows of containers. Fully loaded she reaches a maximum draft of 50


Diana Containerships Takes Delivery of YM Great

Diana Containerships, a global shipping company specializing in the ownership of containerships, has announced that, through a separate wholly-owned subsidiary, it has taken delivery of the m/v “YM Great”, a 2004-built Post-Panamax container vessel of 5,576 TEU capacity that the company entered into an agreement to purchase on August 7, 2014.   As previously announced, the “YM Great” is chartered to Yang Ming (UK) Ltd., at a net charter rate of US$12,000 per day


Seaspan, Cosco Agree to $1.9b Lease

According to Bloomberg, Seaspan Corp., will lease eight container vessels to a unit of China Cosco Holdings Co. for $1.9b. Cosco Container Lines Co., will pay a daily fee of $55,000 a vessel during the 12-year contract, Seaspan said. The Seaspan vessels are designed to carry 13,100 standard containers measuring 20 ft. in length, among the largest ships of their kind. They are scheduled for delivery in 2011. Source:


Container Vessel Damages San Francisco Bay Bridge

The U.S. Coast Guard received a report of a container vessel Cosco Busan allision with the San Francisco Bay Bridge. The vessel was out bound with a pilot onboard at the time of the allision. The vessel reported damage to the forward left side and bulk fuel (MF 380) was leaking from the vessel. Visibility was limited during the time of the allision due to fog. U. S. Coast Guard and San Francisco Police Department are enforcing a 100 foot saftey zone around the vessel and the fuel in the


Panama Canal Debuts Revised Measurement, Pricing

Following a recommendation from the Board of Directors of the Panama Canal Authority (ACP), the Cabinet Council of the Republic of Panama today approved a new measurement and pricing system for full container vessels and other vessel types with on-deck container carrying capacity. “The bottom line is that we simply closed a loophole that prevented us from charging for containers carried on-deck,” said Administrator/CEO Alberto Alemán Zubieta


SFL Acquires Two Containerships, Settles Bulker Claim

Ship Finance International Limited (SFL) has announced the agreement to acquire two 5,800 teu post-panamax container vessels built in 2001/2002 in combination with long-term charters. The vessels are expected to be delivered to SFL over the course of the next few weeks, and the annual EBITDA contribution is estimated to be approximately $5.5 million on average during the charter period. The charters include a purchase option with profit share after five years.


COSCO Orders Navigation Systems for New Box Ships

Container ship Cosco Italy on the river Elbe with destination port Hamburg, 2014  (Copyright: Buonasera)

The German navigation system manufacturer Raytheon Anschütz announced new contracts for the delivery of Synapsis Integrated Navigation Systems (INS) to five 14,500TEU Container Vessels built at Hudong-Zhonghua Shipbuilding Co.Ltd.  


UASC Behemoth Calls at Felixtowe

18,800 teu Barzan, has made its maiden call at the Port of Felixstowe

  United Arab Shipping Company's (UASC) newest vessel, the 18,800 teu Barzan, has made its maiden call at the Port of Felixstowe, the Port of Britain. The biggest container ship in the UASC fleet, the mega-ship arrived at the UK's largest container port from Port Kelang in Malaysia


California Okays Ship Emissions Capturing System

Photo: Clean Air Engineering-Maritime

 Clean Air Engineering-Maritime (CAEM)'s emissions treatment system for ocean-going vessels has been approved by the California Air Resources Board, giving operators of container vessels a second option for complying with the state’s strict emissions requirements for vessels at berth.


Asia-N Europe Container Freight Rates Jumps 60%

Photo  Hamburg Sud

  Shipping freight rates for transporting containers from ports in Asia to Northern Europe rose by 60.4 percent to $879 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.


New Ballast Water Treatment Solutions from Damen

Damen LoFlo (Image: Damen)

Damen has launched two new ballast water treatment solutions onto the market, Damen LoFlo and Damen BalCon.   The new solutions are a response to the International Maritime Organization (IMO) Ballast Water Management Convention 2004, which is edging ever closer to ratification and the U.S


Maersk Orders 11 Triple-E Containerships

Søren Skou, CEO of Maersk Line, and Sung-Leep Jung, President and CEO of DSME, at a ceremony at Maersk Line’s headquarters in Copenhagen (Photo courtesy of Maersk)

Maersk Line announced it has today ordered 11 new ultra-large second generation Triple-E containerships from Daewoo Shipbuilding & Marine Engineering (DSME).   Ordered to replace smaller, less efficient ships in the Maersk Line fleet


DNV GL Grants AIP for HHI’s SkyBench

Tor E. Svensen, CEO of DNV GL – Maritime, presents Yoon Moon-kyoon, Senior Executive Vice President & COO of HHI’s Shipbuilding Division, with the Approval in Principle certificate for the SkyBench concept. (Photo: DNV GL)

Hyundai Heavy Industries (HHI) has received an Approval in Principle (AIP) certificate from Classification society DNV GL for its SkyBench concept for increasing capacity of mega box ships.   The result of development conducted by HHI and work with DNV GL


Samskip Charters Box Ship to Boost Norway Capacity

MV Alk  (Photo: Samskip)

Samskip has increased capacity on Norway by chartering the 657 TEU container vessel MV Alk, built in 2004 and measuring 132.60 x 19.20 metres. Caesar Luikenaar, Trade Director Scandinavia Trade says the company has deployed the 8,015 DWT vessel on the weekly Norwegian West Coast service which


Dae Sun Bags Order for Eco-Design Boxship

Image: Webpage of Dae Sun Shipbuilding & Engineering Co

 South Korea’s Dae Sun Shipyard has won an order to construct one 1,800-teu feeder container vessel for compatriot ship-owner Dongjin Shipping.   The newbuilding feeder vessel is scheduled for delivery in early 2017.  


PSA International Ventures into South-Western China

PSA-International Ventures South China Photo PSA International

  PSA International (PSA) established itself as the first and only Global Terminal Operator in the Guangxi-Beibu Gulf region by signing a Joint Venture Agreement with Beibu Gulf Port Group (BPG) and Pacific International Lines (PIL) to operate a new container terminal in Qinzhou City


UAE Cargo Handler Tests Florida Waters

 Photo: Gulftainer Company Limited

 Sharjah-based ports operator Gulftainer has opened Canaveral Cargo Terminal at Port Canaveral in Florida in the US for business.   Gulftainer, a subsidiary of UAE-based conglomerate Crescent Enterprises, said the opening comes one year after Canaveral Port Authority signed a 35-year


Ultra-large Containership Towing Capabilities Tested

Photo: CMA CGM

The CMA CGM Group and German Havariekommando to test ultra-large container vessel towing capabilities on CMA CGM Jules Verne   Worldwide shipping group the CMA CGM Group and the German Authority Havariekommando tested Havariekommando´s capability to tow ultra-large container vessels


Ship Finance Buys Three Boxships

Pic: Ship Finance International Limited

 Ship Finance International Limited has acquired three 9,000 teu capacity container ships that are under construction from an unrelated third party.   The Fredriksen-led company said that the three vessels are currently being constructed to a fuel-efficient design at an undisclosed yard


Capital Product Partners Tankers get Contracts

Image: Capital Product Partners

 Capital Product Partners (CPP) has taken delivery of a new panamax containership, which will commence a five-year timecharter to CMA CGM. It also has won a timecharter from Cargill, and another two have had their charters to Capital Maritime extended.  


Maersk Line 'Global Carrier of the Year'

Pic: Maersk Line

 Maersk Line has been named Global Carrier of the Year at the Containerization International Awards 2015. It also took home the Shippers’ Choice award, which is voted for by the global container shipping industry.   Maersk Line was named Global Carrier of the Year after one of






 
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