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Largest Container Ships

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.   The ClassNK Technical Committee is made up of representatives from the shipping and shipbuilding industries as well as scholars and experts to discuss matters relating to the establishment and revision of technical rules and guidance.   In response to the MOL Comfort containership casualty in June 2013, ClassNK established The Investigative Panel on Large Container Ship Safety, which comprised of shipbuilders, shipping companies and people with relevant knowledge and experience, to investigate the possibility of casualty occurrence and the structural safety of large container carriers. The results from the investigation and ClassNK’s action plan were released in the Investigation Report on Structural Safety of Large Container Ships in September 2014.   On the other hand, Japan’s Ministry of Land, Infrastructure, Transport and Tourism (MLIT) Committee on Large Container Ship Safety released recommendations of requirements for large container ships in its Final Report in March 2015.   Furthermore


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


UASC calls at DP World London Gateway with Record Load

The sunsets on another day at London Gateway. Photo:  DP World

 DP World London Gateway has welcomed one of the world’s largest container ships carrying a record 18,601-teu. The UASC-owned Al Muraykh called at DP World London Gateway to unload 3,800 containers.   Al Muraykh, a new generation of ultra-large container ships, is one of the largest in the world measuring 400 metres in length.   The containers are loaded 11 storeys high above deck and 23 containers across the ship


Maersk Line: Market Share Down a Touch in 2017

Maersk Line, the world's largest container shipping company and a part of the A.P. Moller-Maersk group, sees its capacity market share slipping to around 14 percent in 2017 from 15.9 percent now, according to presentations. Between now and 2016, the company says it expects to keep up with market growth and retierated it would spend about $3 bilion a year until 2020 in new vessel orders as well as new containers and on maintainance


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


China, France Sign deal Shipping

Photo: CMA CGM Group

 Industrial cooperation is high on the agenda during Premier Li Keqiang's stay in France. China's deals with the world's third largest container shipping group - CMA CGM was highlight.    "July 1st will be a milestone in our Group’s history. The Chinese Prime Minister’s visit is a great recognition of the unique links our Group has developed with China, a strategic country in the Group’s development history


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


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)  


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


MacGregor, Maersk Team Up to Develop Container Securing Systems

Courtesy Maersk Line

  MacGregor, part of Cargotec, and Maersk Line, part of the Maersk Group, have agreed to cooperate on the development of the next generation of container securing systems. MacGregor, leading provider of cargo and load handling solutions, and Maersk have had a cooperation within securing systems since the container ship sizes started to grow from feeder sizes to the present ultra-large container ships. "Maersk Line is the world's leading container shipping company


Giant CMA CGM Ship Vasco De Gama Runs Aground

File photo: Vasco De Gama

 CMA CGM’s mega containership Vasco De Gama ran aground off the Port of Southampton on the UK’s south coast just after midnight on August 22, 2016, reported Fleetmon.   The damages of the  2015-built, 17,859 teu giant vessel are being assessed


New Container Service from New Orleans to S. America

4,298-TEU capacity CMA CGM Jamaica (Photo: Port of New Orleans)

The world’s third largest container shipping company initiated a new direct service from the Port of New Orleans to the west coast of South America this week. Marseille, France-based CMA CGM launched its Med Americas service with the arrival over the weekend of the container ship Pomerenia


Shipping Industry Slumps, but Ship Scrapping Looks Up

Alang, Gujarat: Worlds biggest ship breaking yard. Photo from Youtube video

 While the shipping industry struggles through a historic downturn, ship scrapping business is seeing accelerating demand, reports WSJ.   The global economic slowdown is putting shipping through its most bruising period since the 2008 financial crisis.   


Maersk Cautions on U.S. Protectionism

Photo: Maersk Line

 Danish conglomerate  A. P. Moeller-Maersk A/S, the world’s largest container shipping company, has voiced its concern as a potential shift in U.S. policy threatens to reduce global trade, reports Bloomberg.   Maersk group's chief financial officer Trond Westlie said any


Cost Cuts Ease Pain of Maersk's Gloomy Shipping Forecast

File photo: Maersk Line

Net profit below forecasts, operating figure above; group hit by low freight rates and low oil prices. A.P. Moller-Maersk's progress in cutting costs reassured investors on Friday after the Danish shipping and oil giant reported a sharp decline in quarterly profit and its new chief executive


Two SAAM Tugs Christened in Chile

Christening Ceremony of the Third and Fourth RAstar 3200 Class  Courtesy Robert Allan

In early June, after a traditional blessing ceremony held in Valparaiso, Chile where SAAM S.A. is based, the company officially puts two more new Robert Allan Ltd. designed RAstar 3200 class tugs Yunco and Huairavo tugs into operation. Representatives of local authorities, the Chilean Navy


Maersk Line Lowers Asia-Europe Freight Rates

Photo courtesy of Maersk

Maersk Line, the world's largest container shipping company, told its clients on Tuesday it will set the maximum freight rate from Far East Asia to Europe at $1,250 per 20-foot container (TEU) as of August 1, down by $200 from the previous month's comparable rate.  


Hapag-Lloyd, UASC Signs Merger Agreement

Pic: Hapag-Lloyd, UASC

 Hapag-Lloyd AG (Hapag-Lloyd) and United Arab Shipping Company S.A.G. (UASC) have signed a Business Combination Agreement (BCA) to merge both companies, subject to the necessary regulatory and contractual approvals.    Besides the Business Combination Agreement (BCA) between the


Shipping Oversupply Persists Despite Scrapping Increase: Drewry

file image: a containership underway (credit: Marad)

A record number of around 150 container vessels are expected to be scrapped in 2016 but it will not be enough for an industry battling over capacity, low demand and falling rates, consultancy firm Drewry said. In 2015, demolitions were less than half of the expected 2016 level but it will not


Hapag-Lloyd, UASC Merger

Photo Hapag-Lloyd

Hapag-Lloyd and UASC have signed a Business Combination Agreement.   The Combined company will rank among the world´s five largest liner shipping companies and will operate one of the most modern fleets in the industry / Company will operate 237 vessels with total transport capacity


UASC to Sell Chemical Tanker Unit

Photo: United Arab Shipping Co

 United Arab Shipping Co (UASC) is considering the sale of its stake in United Arab Chemical Carriers (UACC) for oil and petrochemicals  as part of its plans to merge with German container line Hapag-Lloyd, says Bloomberg.  


EU Accepts Antitrust Concessions from Maersk, MSC, Others

File photo: Maersk Line

EU antitrust regulators accepted on Thursday an offer from Maersk, the world's largest container shipping liner, and 13 other competitors to change their pricing practices.   The companies agreed to publish binding actual rates 31 days before they go into effect


An Expanded Canal Means and Expanded Economy

(Photo: U.S. Dept. of Transportation)

Just two weeks ago, the world watched as the first commercial vessel, M/V COSCO SHIPPING PANAMA, successfully navigated the Panama Canal’s new expanded locks. The inaugural event was broadcast live to a worldwide audience as the Panamanians in attendance cheered and waved flags in


New Maersk CEO Soren Skou Mulls Revenue Growth

Soren Skou. Photo: Maersk Group

 New AP Moller-Maersk chief executive Soren Skou is aiming for revenue growth according to an interview with the Financial Times. He reveals the task ahead after succeeding Nils Andersen.   Danish conglomerate boss said that the group was buffeted by short-term “headwinds”


APM Terminals Takes Full Control of APM Terminals-Aarhus

APM Terminals Aarhus photo APM

Aarhus Service Holding A/S has sold its 40% share in APM Terminals-Aarhus A/S to its JV Partner since the 2010 merger of adjoining facilities in Denmark’s largest port; container volumes have steadily increased over the past four years.  






 
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