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Largest Container Ships

MOL Comfort Loss: ClassNK Report Due Soon

MOL Comfort prior to sinking: Photo India Coast Guard

Japanese ship classification society ClassNK says that in response to the casualty of containership “MOL COMFORT” which occurred on 17, June 2013, it established an 'Investigative Panel on Large Container Ship Safety', comprised of leading experts from shipbuilders, shipowners and academic institutions. The Panel was charged to carry out the following course of action: (1) Investigate the possibility of casualty occurrence (2) Consider and examine safety of large container ship structure ClassNK explains that the Panel has met six times so far over the course of its investigation, and is currently consolidating its findings and observations into a report, which is scheduled to be released simultaneously in both English and Japanese on the ClassNK website at www.classnk.com by the end of September 2014.


Laid-Up Container Ships

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


Sungdong Shipbuilding Wins $583M Order

According to a Jan 31 report from Reuters, South Korea's small and medium-sized shipbuilder Sungdong Shipbuilding and Marine Engineering Co Ltd  won orders worth $582.6m to build six large container ships. (Source: Reuters)  


Korean Yard to Build World's Largest Container Ship for CSCL

Shipyard workers: File picture

Hyundai Heavy Industries (HHI) say they have begun building the first of five 19,000 TEU container ships for China Shipping Container Lines (Hong Kong).   HHI explain that the shipowner upgraded the original order for five 18,400 TEU containerships to ones capable of delivering 600 more containers, and thus these new ships will be the largest container ships ever built they claim. The new container ships will feature 77


Wreck Removal Costs More Nowadays

Insurers, Lloyd's of London, say in a new report that the cost of dealing with shipwrecks is rising as ships grow in size. The report, 'The challenges and implications of removing shipwrecks in the 21st century', warns that the cost of dealing with shipwrecks is spiralling and the increase in removal cost is often passed to insurers, reinsurers and ship owners. Recent examples of expensive wreck removals include the container ship Rena which sank off New Zealand in 2011


Taiwan's Evergreen Plans Mega-Containership Fleet Upgrade

Evergreen Line vessel: Photo courtesy Evergreen Lines

Evergreen Marine Corp, Taiwan's largest container shipping company, plans to charter seven new vessels with capacity of 14,000 twenty-foot equivalent units (TEU) to upgrade its fleet at lower unit costs, while disposing of smaller and older vessels, reports the Taipei Times, . The seven vessels — owned by Sumitomo Corp, a leading integrated trading company in Japan — are scheduled to be delivered to Evergreen in 2016 and 2017, with a 10-year term of tenancy.


Hapag-Lloyd, CSAV Advance Merger Negotiations

Photo: Hapag-Lloyd

Talks between German containership company Hapag-Lloyd and Chilean fellow shipping company Cia. Sud Americana de Vapores SA (CSAV) about combining the container liner shipping activities are entering the next phase, Hapag-Lloyd said in a press release today. Both companies have signed a nonbinding Memorandum of Understanding (MoU). As the next step, the due diligence will take place, after which a binding contract could follow, Hapag-Lloyd said.


Container Ship Capsizes in Belgian Port

Photo Credit: International Marine Consultancy According to the Herald Tribune, a large container ship capsized during loading Thursday in Belgian port city Antwerp, officials said. No injuries were reported. The cause of the capsizing of the Republica di Genova, a roll on/roll off vessel of the London-based Grimaldi Lines, was not immediately clear, authorities said. Grimaldi Group vessels carry containers and Fiat cars from Italy to Antwerp.


Mexican Regulators Clear Hapag-Lloyd, CSAV Deal

Mexican competition authority approves transaction with CSAV unconditionally; Next step for Hapag-Lloyd becoming number four in worldwide liner shipping Hapag-Lloyd announced the unconditional clearance under Mexican merger regulations for the planned integration of the container shipping activities of Compañía Sud Americana de Vapores (CSAV) into Hapag-Lloyd. Hapag-Lloyd and CSAV signed a binding business combination agreement in April


Ship Grounded off Norfolk Coast

A rescue operation has been launched after a large container ship ran aground off Haisboro Sands. The vessel, The City of Sunderland, is carrying a cargo of 642 Nissan cars and is currently lying on a sand bar eight miles off the north Norfolk coast. There are 13 crew members on board. The 9,576 ton ship became stuck at approximately 2.20am this morning while on a voyage from the port of Zeebrugge to Tees Port.


Becker Marine Delivers Rudder for Largest Containership

CSCL GLOBE

Becker Marine Systems delivers rudder for the largest container ship in the world   At 19,000 TEU, the largest container ship in the world is now picking up speed – with a high-performance rudder from the Hamburg-based company.  


Shell: Bringing Ship to Shore Technical Services

(Photo: Shell)

Shell Marine Products (SMP) offers a complete portfolio of marine lubricants for almost any type of vessel, from large container ships to fishing boats.  But with recent developments, such as the prevalent practice of slow steaming, new environmental regulations such as the revised vessel


Aden Port Regains Transshipment Business

Containerships Return to Port of Aden

  Aden Port Development Company and a number of its staff received the giant container ship Ever Logic of Evergreen Shipping Line with a length of 335 meters and a tonnage of 8452 TEU, which berthed at ACT on Sunday, Nov. 9, 2014 to discharge transit containers to neighboring ports


Maersk's 3Q Profit Beats Street

Danish shipping and oil group A.P. Moller-Maersk's third-quarter net profit beat expectations, boosted by a strong performance at its container shipping business Maersk Line. Net profit rose 25 percent to $1.5 billion compared with the same period last year, Maersk said on Tuesday


Hapag-Lloyd, CSAV Merger Approved in Brazil

Photo: Hapag-Lloyd

Hapag-Lloyd has received unconditional clearance under Brazilian merger regulations for the planned integration of the container shipping activities of Compañía Sud Americana de Vapores (CSAV) into Hapag-Lloyd. Hapag-Lloyd and CSAV signed a binding business combination agreement


Israeli Port Work Starts, Haifa Longshoremen strike

A Chinese construction firm began work on a new Mediterranean port in Israel on Tuesday, prompting a strike at Haifa docks further up the coast where the workers oppose the new competition. Israel's government, looking to break up the monopoly of two state-owned ports in Haifa and Ashdod


UASC Targets Expansion to Beat Container Market Blues

Photo courtesy of UASC

UASC expects to reach volume of 2.35 mln TEU in 2014 Global carriers still struggling with weak conditions United Arab Shipping Company (UASC) is on a major expansion drive, investing more than $2 billion in bigger ships and forming alliances with peers to boost efficiencies and


DP World Receives 1st Scheduled Vessel at New Terminal

APL PHOENIX - IMO 9597501

  DP World has yesterday welcomed the first scheduled vessel to call at its new Container Terminal 3 in Jebel Ali, Dubai, as it gears up to serve customers at the state-of-the-art facility. The ‘APL Phoenix’ was welcomed by DP World Chairman


Denmark Lobbies for IMO Top Job

Denmark and its maritime industry are lobbying to get the top position at the International Maritime Organization, a United Nations body that wields great influence over global shipping through its regulations, industry sources said. The current secretary general of the IMO, Koji Sekimizu


Piracy Expected to Increase Ahead of Nigeria's Election

Piracy globally costs firms $7 bln, govts $12 bln a year Ships reducing security after Somali attacks down Piracy will increase in the Gulf of Guinea as Nigeria prepares for an election next February in order to funnel ransom money into campaign financing


Diego Aponte is New President & CEO of MSC

Diego Aponte succeeds father as head of MSC

  MSC Mediterranean Shipping Company SA announces the appointment of Mr. Diego Aponte as President and CEO. "It is important that we keep looking forward and that we prepare the company for the future," said Mr. Gianluigi Aponte, founder of MSC


Report on MOL Comfort Incident is out

MOL Comfort

  In response to the casualty of “MOL COMFORT” which occurred on 17 June 2013, ClassNK established the Investigative Panel on Large Container Ship Safety, comprised of leading experts from shipbuilders, shipowners and academic institutions


Maersk to Invest Billions, Reap Savings, but No Cash for Shareholders

Photo: Maersk

Denmark's A.P. Moller-Maersk said on Wednesday it would invest billions of dollars in new ships, reap hundreds of millions in savings and announced valuable contracts for its drilling rigs. But shares of the world's largest container shipping company fell more than 3 percent


Hapag-Lloyd, CSAV Merger Wins Conditional EU Approval

Photo: CSAV

Hapag-Lloyd and Compania SudAmericana de Vapores (CSAV) secured conditional European Union approval on Thursday for their tie-up to create the world's fourth-largest container shipping company. The merger is important for the shipping industry which hopes more deals could help it to overcome


DNV GL Presents AIP for ‘LNG Ready’ Mega Box Ships

From right to left: Tor Svensen, CEO of DNV GL Maritime, presents the Approval in Principle for the first “LNG Ready” mega box ships to Oi Hyun Kim, CEO and COO of HHI’s Shipbuilding Division, and Waleed Al Dawood, COO of United Arab Shipping Company, in the presence of His Excellency Sheikh Ali Bin Jassim Al Thani, UASC Board Member.

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






 
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