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Containerships

Hyundai Heavy Wins US$ 1.2-billion Order

Hyundai Heavy Industries wins a USD 1.2 billion order to build ten 13,800 TEU containerships for a Greek shipowner The containerships, measuring 368 m in length, 51 m in width, and 29.9 m in depth, are scheduled to be delivered from the second half of 2013 to the second half of 2014. The vessels will use 10% less fuel compared to existing similar class containerships. Since LNG carriers, drillships and semi-submersible drilling rigs have been the bright spot of the global shipbuilding market recently, Hyundai Heavy’s winning of the ultra-large containerships order draws special attentions from the market. An official at Hyundai Heavy said, “These orders are noteworthy considering the current sluggish shipbuilding market. With the extensive know-how and technology we have accumulated by building more than 500 containerships over the last 40 years, we will continue to build ships tailored to the needs of our clients and the market.” Evergreen Marine will charter these megaships.  


Hyundai Heavy to Build World’s Largest Containerships

hyundai heavy logo.jpg

Hyundai Heavy Industries (HHI) announced the Company won a $700 million order for five 18,400 TEU containerships from China Shipping Container Lines (Hong Kong) Co., Ltd. The world’s largest containerships will feature an electronically-controlled main engine and two EcoBallast seawater treatment system. The electronically-controlled main engine will maximize fuel efficiency, and reduce noise, vibrations, and carbon emissions by automatically controlling fuel consumption to suit


HMD Holds Naming Ceremony for Containership

Hyundai Mipo Dockyard held a naming ceremony for a 4300 TEU Class Containership, Hull No. 0408, the first of five 4300 TEU Panamax containerships ordered by E.R. Schiffahrt GmbH & CIE. KG of Germany. This containership was named Ital Mattina Mattina by the ship owner. Senior Executive Vice President of HMD, Kim Choon-gon, and many representatives of E.R. Shiffahrt attended the ceremony. On June 25th there was another naming ceremony for Hull No. 0320


Danaos Adds 8,530 TEU Containership

Danaos Corporation (NYSE: DAC) on August 22, 2011 took delivery of a new containership, the CMA CGM TANCREDI, expanding its operational fleet to a total of 57 containerships aggregating 274,089 TEU. The CMA CGM TANCREDI, built at Shanghai Jiangnan Changxing Heavy Industry has a carrying capacity of 8,530 TEU, is 335 meters long, 42.8 meters wide and has a speed of 25.80 knots. The CMA CGM TANCREDI has commenced its 12-year time charter at a fixed charter rate immediately upon delivery


Danaos Adds Containership

Danaos Corporation Adds One More 8,530 TEU Containership to its Fleet.   Danaos Corporation, an international owner of containerships, announced that on October 26, 2011, it took delivery of one more newly built containership, the CMA CGM BIANCA, expanding its operational fleet to a total of 58 containerships aggregating 282,619 TEU. The CMA CGM BIANCA, built at Shanghai Jiangnan Changxing Heavy Industry, has a carrying capacity of 8,530 TEU, is 335 meters long, 42


Diana Shipping Invests in Diana Containerships

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Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, has announced that it has entered into an agreement to purchase shares of the common stock of Diana Containerships Inc. for an aggregate purchase price of $40 million. Concurrently with the company's investment, two institutional investors not affiliated with the company or Diana Containerships together purchased $40 million of common shares, and Simeon Palios


Hanjin Wins $294M In Orders

Hanjin Heavy Industries won orders totaling $294 million to build 10 ships for a Dutch firm, a German firm and one other European company. Hanjin Heavy said in a statement that Dutch firm Vroon B.V. ordered two 1,600 teu containerships and two 30,000 dwt chemical ships, worth a total of $96 million. It said Germany's Rickmers Reederei GmbH & Cie KG had ordered four 1,200-teu containerships worth $78 million and one other European company had ordered two 5


Collision of Containership MOL Maneuver

Mitsui O.S.K. Lines, Ltd. announced that the MOL-operated containership MOL Maneuver collided with the containership Zhen He while under way on the open seas southeast of Hong Kong, on February 22, 2012, at around 17:45 p.m., Japan time.     None of the crew was injured and no oil leak has been observed. The MOL Maneuver is capable of sailing under its own power. Meanwhile, MOL is investigating the situation on the other ship


Korean Shipyard Names Five New Containerships

Container ships, sunrise: Photo courtesy of HHI

Hyundai Heavy Industries (HHI), which claims to be the world’s biggest shipbuilder says that it set a new daily naming ceremony record by naming 5 containerships (ordered from Enesel) on a single day. In a simultaneous naming ceremony attended by Mr. Andonis Lemos; Mr Filippos Lemos; Mr. Kim Oi-hyun, President & CEO of Hyundai Heavy Industries; and other 130 participants at HHI’s yard in Ulsan, South Korea, the sponsors including Mrs. Irini N


Seaspan Acquires 3rd 10000 TEU SAVER Containership

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  Seaspan Corporation (NYSE:SSW) announced today that it accepted delivery of a 10000 TEU containership, the Hanjin Tabul. The new containership, which was constructed at Jiangsu New Yangzi Shipbuilding Co., Ltd. using Seaspan's fuel-efficient SAVER design, is Seaspan's third of five 10000 TEU SAVER design containerships scheduled for delivery in 2014. The Hanjin Tabul will commence a ten-year, fixed-rate time charter with Hanjin Shipping Co. Ltd. ("Hanjin")


Box Ships Inc. Repays Commerzbank Loan

Box Ships vessel: Photo courtesy of the owners

Greece-based Box Ships Inc. says it has repayed in full the outstanding amount under its loan agreement with Commerzbank AG dated July 29, 2011.  The outstanding amount of the loan, as of July 21, 2014, amounted to $21.5 million and the parties agreed to the payment of $15


Global Ocean Trade: Latest Shipbuilding Orders

Bulk carrier bow: File photo

No tankship orders noted the past week by Clarkson Hellas in their latest S&P Weekly Bulletin, but no lack of orders in the dry bulk carrier market, all from Far East shipbuilders. Dry bulk carriers Foremost Maritime are understood by Clarkson Hellas to have added a further four 180


Hyundai Heavy Industries Develops HiCASS

HHI’s engineers are testing the Hyundai Intelligent Collision Avoidance Support System

Hyundai Heavy Industries Co., Ltd. (HHI) announced today that it developed Hyundai Intelligent Collision Avoidance Support System (HiCASS) for the first time in Korea to ensure safe and optimum navigation of the vessels. The system searches the optimum sea routes and prevents collisions by


Travel Aboard One of the World’s Largest Containerships

CMA CGM container cruise

  CMA CGM Group is now offering genuine cruises aboard its biggest vessels, the new 16,020 TEUs containerships, such as the CMA CGM MARCO POLO or the CMA CGM ALEXANDER VON HUMBOLDT. These giants of the seas (365 meters long, which is equivalent to more than 4 soccer fields)


Hamburg Süd Christens New Containership

Hamburg Süd today christened its new containership Cap San Raphael in the presence of 700 guests at the Burchardkai Terminal in the Port of Hamburg. The ship’s Sponsor is Ingeborg Schäuble, former Chair of the German Welthungerhilfe and wife of the German Finance Minister, Dr


MOL (America) Inc. Announces May 2014 KPI Results

 MOL (America) Inc. announces the May 2014 results of its Regional Key Performance Indicators (KPI) in the following categories:  operations, customer service, and electronic data interchange (EDI).  The results are available on a monthly basis and posted in greater detail at www


IACS Updates Strategy and Elects New Chairman

Philippe Donche-Gay, Executive Vice-President and Head of Bureau Veritas Marine & Offshore Division

The International Association of Classification Societies (IACS) has updated its forward strategy and work plan for the upcoming year at its 69th Council meeting held in Santa Margherita, Italy, chaired by Roberto Cazzulo, Chairman of RINA Services and outgoing IACS chairman.


ISS Aids Complex “Super Crane” Installation

Four STS cranes, the largest of their type anywhere in the world, have been brought onshore, ready for commissioning, at Algeciras port in Spain. Inchcape Shipping Services (ISS), a world's leading maritime services provider, was drafted in by ZPMC to act as agents for the break bulk carrier


TOTE’s Marlin Class Ships Enter Next Build Phase

The world’s first dual-fuel slow-speed engine arrived at General Dynamics’ NASSCO Shipyard (Photo: TOTE)

Engine and LNG Tanks Delivered to NASSCO The arrival of the world’s first dual-fuel slow-speed engine to General Dynamics’ NASSCO Shipyard marks the next phase of construction for TOTE’s Marlin Class vessels, projected by TOTE to be the world’s safest and cleanest


Seaspan Acquires 4th 10000 TEU SAVER Containership

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  Seaspan Corporation (NYSE:SSW) announced today that it accepted delivery of a 10000 TEU containership, the MOL Bravo. The new containership, which was constructed at Jiangsu Yangzi Xinfu Shipbuilding Co., Ltd. using Seaspan's fuel-efficient SAVER design


Evergreen Holds Naming Ceremony for New Ship

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Evergreen Group held the naming ceremony for Ever Loading, the sixth of its L-type vessels to be built by CSBC Corporation in Taiwan. The ceremony took place at CSBC's Kaohsiung shipyard and was officiated by Bronson Hsieh, Evergreen Group's Second Vice Group Chairman


Maersk Demonstrates BELCO Scrubber Technology

Belco Technologies Corporation (BELCO), a wholly owned subsidiary of DuPont, has partnered with the Maersk Group to successfully demonstrate BELCO Marine Scrubber technology aboard the Maersk Tukang, a containership with max TEU Capacity of 8,112.


Matson to Release Q2 2014 Financial Results

Matson containerships: Image courtesy of Matson

Leading U.S. carrier in the Pacific, Matson, Inc., informs it will release its financial results for the Second Quarter 2014 on Thursday, July 31, 2014. President and Chief Executive Officer Matthew Cox and Senior Vice President and Chief Financial Officer Joel Wine will discuss the results for


Trelleborg Systems for DP World Southampton

Unit Element Fenders

Trelleborg’s marine systems operation has been awarded the contract to supply more than 70 UE1000 Unit Element fender systems to DP World Southampton. The new systems, taking the total supplied by Trelleborg to the Southampton container terminal to over 110


Container Shippers Join Forces for Safety

Photo courtesy of CMA CGM

The Container Ship Safety Forum (CSSF) has been launched as a global business-to-business network that aims to improve safety performance and management practices in the container shipping industry. Founding members CMA CGM Group, Costamare Shipping Company S.A., E.R. Schiffahrt GmbH & Cie






 
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