Marine link
 

Mega Containership

Zim to Buy Eight Ships for $1.36B

Israel Corp. subsidiary Zim Integrated Shipping Services Ltd. said it had placed an order to purchase eight mega container ships from the South Korea’s shipyard Samsung Heavy Industries Co. Ltd. The deal, valued at $1.37b, ($170m each) comes six weeks after Zim Integrated Shipping Services Ltd. announced its plan to upgrade its container vessels fleet. The company had ordered eight TEU 12,600 mega containership for delivery by July 2012. The purchase will substantially increase the Israeli-based carrier's fleet when the vessels arrive in 2012. The order took the global shipping sector by surprise, since Zim had generally bought its containerships from rival South Korean's Hyundai Shipyards. Earlier this year the line purchased two 2,450-TEU containerships with an option to buy additional two. These vessels are scheduled for delivery in 2010-11. [Source: http://www.port2port.com]


Hapag-Lloyd Ship Named

The long-established Hamburg shipping line Hapag-Lloyd named a containership in Malaysia for the first time. The patron of the 336m long “Kuala Lumpur Express” is Ursula Adrion, wife of Adolf Adrion, member of the executive board of Hapag-Lloyd AG. The “Kuala Lumpur Express” can carry 8,749 TEU and is the second ultra-modern training ship on which Hapag-Lloyd trains its nautical and technical personnel, following the identical


Mega-ship Stops in Long Beach Up

Cargo surged into and out of the Port of Long Beach in record numbers in 2005, buoyed by the increasing use by China and other Asian traders of giant ships with the capacity to carry 8,000 or more import-stuffed containers each. The mega-ships, defined by their ability to float 8,000 cargo containers or more, visited Long Beach more than 200 times last year, and helped drive a 16 percent increase in the number of containers processed at the port during 2005 compared with the year prior


Hapag-Lloyd Names New Mega Containership

The Hanover Express, which is capable of carrying 8,750 containers, is one of the world’s largest containerships. The newbuilding was recently named in Hamburg. The patron was Gabriele Frenzel, wife of TUI’s CEO and chairman of the supervisory board of Hapag-Lloyd, Dr. Michael Frenzel. Naming ceremonies for large containerships are still something special even in Hamburg, and nearly 300 guests from business and politics – including the Mayor of Hamburg Ole von Beust and the Mayor of


Mega Yacht Returns to Blohm + Voss

The LADY MOURA returned to Blohm + Voss on October 8 for maintenance and conservation work. The 344-ft. (105 m) long white mega yacht will undergo a facelift in its roofed-over floating dock. The LADY MOURA, built at Blohm + Voss in 1990, will be returning to her yard for the third time, following visits in 1992 and 1997. The owner and captain of the LADY MOURA The LADY MOURA has sufficient tank capacity to undertake transatlantic voyages


Graig Order Launches Generation of "Super Feeders"

MARLIN_BLUE_AT_SEA web.jpg

The Cardiff-based Graig Group has ordered a series of up to 26 fuel-efficient new generation MARLIN 2000 Blue design container feeders to be built at the major Jin Hai shipyard complex in China. The first two vessels are scheduled for delivery in August and September 2013 with subsequent vessels to be delivered in pairs every two and half months.  Discussions on charters for the vessels are advanced with a number of global liner companies.


MarAd Approves Containership Sales

The Maritime Administration (MARAD) has given approval to Global Shipping LLC, of Cumberland, Maryland to sale of the containership EWA, official number 530140 to Sea Lion Marine LTD., a St Vincent and the Grenadines corporation, and the transfer of said vessel to Tulva registry and flag for purposes of disposal. The containership was built in 1972, by Skinner and Eddy Corporation in Seattle, Washington. MARAD's approval is required under section 9 of the Shipping Act, 1916, as amended.


Danaos Adds Containership to Fleet

Danaos Corporation, an international owner of containerships, announced that on March 8, 2012, it took delivery of one more newly built containership, the HYUNDAI TENACITY, expanding its operational fleet to a total of 62 containerships aggregating 325,879 TEU.   The HYUNDAI TENACITY, built at Hyundai Samho Heavy Industries Co. Ltd, has a carrying capacity of 13,100 TEU, is 366 meters long, 48.2 meters wide and has a speed of 24.70 knots


Containership Chartered Out by Box Ships

Greece-based Box Ships Inc. announces delivery of Its eighth containership, 'OOCL Hong Kong' Box Ships Inc., a  containership owning company, announce it has taken delivery of its eighth vessel, the OOCL Hong Kong, a 5,344 TEU Post-Panamax containership built in 1995 at the Samsung shipyard in Korea. The vessel is chartered to Orient Overseas Container Lines Ltd. ("OOCL") for a period of thirty-six (36) months plus or minus thirty days (30) at a net daily rate of US$26,465.


PwC: Transport, Logistics Starts 2014 Subdued

First quarter deal activity matches lowest level in nine quarters; trucking and shipping lead transaction activity Merger and acquisition (M&A) activity in the transportation and logistics industry began 2014 on a soft note, with the total volume of deals matching the lowest level seen since the fourth quarter of 2011. Total first quarter deal activity and value were down from the spike in the fourth quarter of 2013


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)


Diana Shipping Invests in Diana Containerships

diana shipping logo.png

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.


Danaos Corporation 2Q and 1H 2014 Results

Danaos Corporation

  Danaos Corporation ("Danaos") (NYSE: DAC), a leading international owner of containerships, today reported unaudited results for the period ended June 30, 2014. Highlights for the Second Quarter and Half Year Ended June 30, 2014:


Diana Containerships Q2 & 1H 2014 Financial Results

Diana Containership: Image courtesy the owners

Greece-based Diana Containerships Inc., a global shipping company specializing in the ownership of containerships, has reported net income of $0.6 million for the second quarter of 2014, compared to a net loss of $5.0 million for the respective period of 2013


Ocean Freight Contract Management Post-P3

Intermodal container lift: File photo

The recent decision by Chinese antitrust authorities to block approval of the P3 Ocean Carrier Alliance has increased the demand for Ocean Contract Management. In response, Freightgate is offering free demonstration of its award winning Rate & Tender Management Tariff-Trek! Solution.


Seaspan Acquires 3rd 10000 TEU SAVER Containership

Logo

  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


Kalmar Delivers 10 Straddle Carriers to MCT

Straddle Carrier of Kalmar

  Kalmar, part of Cargotec, has gained an order to supply ten electric straddle carriers to its long standing customer Medcenter Container Terminal (MCT), part of the Contship Italia Group, in Gioia Tauro, Italy. The order was booked into Kalmar's second quarter order intake with deliveries


Proposed Mega-Containerships Alliance 2M: Analysis

Carrier Shares of Effective Vessel Capacity from Asia to North Europe, June 14: Image DMR

Maersk and MSC have just announced a mega vessel sharing agreement that will replace their failed P3 alliance early next year. It will be smaller, and compare well in size with the G6 and CKYH alliances – but what about CMA CGM? Drewry Maritime Research consider the question in their latest


Dutch Crane Barge Assists Concordia Refloat

Dutch crane barge Conquest MB1 assists salvage operations for the refloat of Costa Concordia (Photo courtesy of Conquest Offshore)

Costa Concordia floats again; Dutch Crane barge Conquest MB1 stays around for assistance. The disaster cruise ship Costa Concordia floats again, and Dutch company Conquest Offshore reported that the work of its Conquest MB1 crane ship and her crew is almost done


Boskalis Consortium Wins Port Expansion Contract

Royal Boskalis Westminster N.V. has in consortium been awarded work associated with the expansion of the Singapore Tuas Mega Port development. Jurong Town Corporation awarded the reclamation project of Tuas Finger One to the consortium, comprising of Hyundai, Samsung, Penta Ocean


Mundra SEZ of Adani's gets Environmental Clearance

Credit APSEZ

  Adani Ports and Special Economic Zone (APSEZ), India’s largest port developer and part of the Adani Group, today said it had received the environment and coastal regulation zone clearance from the Union Ministry for Environment and Forests, for its 8


Seaspan Acquires 4th 10000 TEU SAVER Containership

Logo

  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

everloading.jpg

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


Van Oord Consortium Awarded Singapore Port Expansion

  Van Oord has in consortium been awarded work associated with the expansion of the Singapore Tuas Mega Port development. Jurong Town Corporation awarded the reclamation project of Tuas Finger One to the consortium, comprising of Hyundai, Samsung, Penta Ocean, Van Oord and Boskalis


Containership Consortia Set for Further Expansion: Analyst

Vessels Sailing from Asia to Europe also carry cargo for many other destinations: Map DMR

The formation of 2M is only the conclusion of the latest round of mega-alliance negotiations. Much more lies ahead, considers Drewry Maritime Research in their latest 'Container Insight' analysis, excerpted here: Ocean carriers are clearly not yet done with mega-alliance expansion following






 
rss feeds | archive | privacy | history | articles | contributors | top news | contact us | about us | copyright