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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

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


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.


Seaspan Accepts Containership Delivery

Seaspan Corporation announced that it accepted delivery of a 10,000 TEU containership, the Hanjin Buddha, which was constructed using Seaspan's fuel-efficient SAVER design. The new containership, which was constructed by Jiangsu New Yangzi Shipbuilding Co., Ltd


Paragon Shipping Gets US$120-Million Towards Ultramax Newbuildings

Paragon at NYSE: Photo Paragon Shipping

Greek drybulk cargo ship owner, Paragon Shipping, informs it has entered into a firm commitment with a European bank syndicate to partly finance up to 60 % of the market value of their two new Ultamax newbuilds due to be delivered in 2015. The new $120


Euroseas Orders Two Drybulk Newbuilds

Euroseas signs new building agreements for the acquisition of two fuel efficient kamsarmax drybulk carriers and announces new acquisition for its joint venture Euromar. Euroseas Ltd., a Greek owner and operator of drybulk carriers and container vessels and provider of seaborne transportation


Box Prices Rise for the First Time in 2 Years

Photo: Drewry

Drewry’s latest Container Equipment Insight, exclusive to subscribers of Drewry’s Container Leasing and Container Census reports, saw prices for new dry freight containers increase in the opening months of 2014 for the first time in two years.


Yangzijiang Shipbuilding Eyes Mega Container Ships

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Reuters - Yangzijiang Shipbuilding Holdings Ltd, a top Chinese shipbuilder, plans to build more mega container ships for shipowners eager to cut operating costs. Yangzijiang is China's third-largest listed shipbuilder by market capitalisation and has boasted profit margins that dwarf those of


200 SOLASAFE Screens for Hyundai Containerships

Hyundai Hope under construction at Daewoo Shipyard in Okpo, Korea. The first vessel in a series of four, she will be delivered in March 2014

South Shields based Solar Solve Marine received an order from Korea for four ship-sets of its SOLASAFE roller sunscreens. The screens are to be installed at the navigation bridge windows of four very large container carriers currently under construction at Daewoo’s DSME Okpo shipyard on


Hamburg Süd Christens New Containership

Together with customers and business partners, Hamburg Süd yesterday celebrated the christening of its containership Cap San Lorenzo at the Exolgan Terminal in Buenos Aires. The Cap San Lorenzo is the fourth containership in a series of six newbuilds for the company in the new Cap San class


DW: Prelude to a $60B FLNG Growth Story?

Photo: Shell

Following first steel cutting in late 2012, Shell’s Prelude Floating Liquefied Natural Gas (FLNG) unit continues to take shape in Samsung’s Geoje shipyard in Korea, Douglas Westwood (DW) said in its Monday report. At 488 meters long by 74 meters wide and with an LNG processing


DNV GL Opens Laboratory in Singapore

Photo: DNV GL

DNV GL opened a new laboratory in Singapore which it said aims to deliver innovative and integrated solutions for the marine and offshore industries. The laboratory was officially opened on March 1, 2014 by Norway’s Foreign Minister H.E


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


MOL President Muto Visits Myanmar

MOL President Koichi Muto making a speech

Mitsui O.S.K. Lines, Ltd. (MOL) president Koichi Muto hosted an appreciation cocktail party for government leaders, customers, partners and MOL employees on March 5 at Park Royal Hotel, Yangon. It was well attended by 110 guests including Ichiro Maruyama, Minister-Counsellor/Deputy Chief of Mission


Allianz: Shipping Losses Decline but Risks Remain

Tim Donney, Global Head of Marine Risk Consulting.

Shipping losses decline, but emerging risks pose serious challenges to marine industry, according to Allianz study. 94 large ships lost worldwide in 2013, down 20% from last year. Total ship losses in continental U.S. hits all time low.


VAVE Promises New Digital Reality

Photo Courtesy of MCP

Maritime Communications Partner (MCP), the Telenor-owned on-board communications specialist, has announced the launch of VAVE, a unique digital business enablement platform for the cruise and ferry industry. The news follows the successful completion of an eight-month technical trial on the


New IT Platform at Port of Hamburg

PRISE, the Port River Information System Elbe, will soon be officially launched following a one-year trial. The new IT platform will bring together all information on ship arrivals and departures from all of the parties involved in the handling process: the terminals, pilots


Safer Seas: Ship Losses Continued to Fall in 2013

Total ship losses by region: Image courtesy of Allianz

The recently published annual review of trends and developments in shipping losses and safety – 'Allianz Global Corporate & Specialty Safety and Shipping Review' – indicates that world-wide ship losses declined by 20% compared with 2012.


 
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