Maersk Line will reportedly build five new container ships at the group’s Odense Staalskibsvaerft shipyard. The new vessels, all of the big S-type class, are scheduled for delivery in 1999 and 2000. In 1998, Maersk Line took delivery of four new S-type container ships built at the Odense shipyard.
Prices for new dry freight containers increased in the opening months of 2014 for the first time in two years, observes Drewry's latest 'Container Leasing and Container Census'. Standard box prices declined gradually throughout 2013, falling by late in the year to their lowest point since 2009, and they have so far barely managed to recover 10% by April 2014. They presently stand at much the same level as one year ago.
Nordseewerke GmbH, a company of ThyssenKrupp Marine Systems, received to new orders for a 3,400 TEU container ships. These orders mean the development, design and building of a new generation of compact container ships with a capacity from 3,100 to 3,700 TEU. The contractor of this order is the GEBAB, which is based in Meerbusch. A total of 28 container ships have been delivered to GEBAB since 1987, and 11 additional ships are still to be built by the ThyssenKrupp Marine Systems’ shipyards
Neptune Orient Lines (NOL) has been advised by the Port of Rotterdam that a consortium comprising NOL, Hyundai Merchant Marine, Mitsui OSK Lines, DP World and CMA CGM has been awarded the right to equip and operate the first container terminal to be developed at Maasvlakte 2 in Rotterdam. The 156 hectare terminal will have a capacity of around 4 million TEU and is expected to be operational in 2013. NOL’s share of the consortium will be 20%.
Port and shipping companies ECT and P&O Nedlloyd said on Tuesday they had agreed to develop a new container terminal in Rotterdam. The joint venture will be called EuroMax and will be operational in the beginning of 2004, adjacent to Rotterdam's MOT crude oil terminal. The initial capacity will be about 1.7 million, 20 teu moves per year and total investment will be approximately $194.3 million. At a later stage, the terminal will be extended to a capacity of at least 2
APL, the world’s seventh largest container shipping carrier, confirmed a land purchase in the city of Joliet, Ill., to develop its latest intermodal container terminal in the United States. The 43 acres of space was acquired from CenterPoint Properties within the CenterPoint Intermodal Center, the largest inland port in the U.S. APL’s new container yard will be advantageously located close to the Union Pacific and BNSF Intermodal Rail Terminals
Yang Ming Marine Lines approved a plan to issue $150-180 million in convertible bonds overseas to finance the purchase of nine new container ships. Yang Ming said it plans to buy seven ships, each with a capacity of 1,500 teu, to ply its its Asian lines, and two 5,500-teu ships for its transoceanic routes. "The company feels that shipbuilding costs are still at low levels and the shipping market is in an upturn, which fits with our plans to strengthen our regional and transoceanic fleets
Photo Credit: Courtesy of the Port of Los Angeles. Two new container cranes from Japan were delivered Thursday evening to the Port of Los Angeles and carefully navigated under the Vincent Thomas Bridge on the way to the TraPac terminal. The cranes came within five feet of the bridge's undercarriage but passed under without incident as television helicopters and film crews captured the scene. This delivery, precisely timed for the lowest tide possible
Panama Maritime Authority Approves New Container Shipping Terminal; Panama Colón Container Port designed to complement newly expanded Panama Canal and rising cargo volumes in Panama. The Panama Maritime Authority (AMP) has granted permits to a private development group for the construction and operation of a new container terminal to be built at the Atlantic entrance of the Panama Canal. Jones Lang LaSalle is acting as development advisor to the project consortium
APM Terminals sign an agreement with Ningbo Port Group to jointly invest & share in Ningbo’s Meishan Container Terminal in East China Leaders from the Ningbo Port Group and APM Terminals were on hand in Copenhagen to sign a major agreement that creates a new level of cooperation in the fastest growing, deepwater, container port in the world. Ningbo is a major gateway port in Eastern China and the Zhejiang Province. It is the 6th largest container port in the world with strong growth
Philippines head quartered International Container Terminal Services Inc. has expressed interest in a majority stake in Piraeus port in Greece, says a report in AFP. “Yes. We are now reviewing this opportunity,” ICTSI vice president and treasurer Rafael Consing Jr
The CMA CGM Group announced that it will launch a new container shipping offering between North America and North Europe at the end of May 2015. The group will expand its existing transatlantic services with the launch of the NEW VESPUCCI service and the addition of a new port of call in
Wärtsilä has received another important order for its Ballast Water Management Systems (BWMS). Three new container ships being built for a major European shipping company at the Jinhai Shipyard in China will be fitted with Wärtsilä Aquarius UV BWMS
Wärtsilä Corporation, has received an order for ballast water management systems (BWMS) for three new container ships being built for a major European shipping company at the Jinhai Shipyard in China. The vessels will be fitted with Wärtsilä Aquarius UV systems
Enrique K. Razon Jr., International Container Terminal Services Inc.(ICTSI) chairman and president, recently visited Basra Gateway Terminal (BGT), ICTSI’s subsidiary in the port of Umm Qasr, Iraq. Razon personally inspected the continuing upgrade works in Berth 20
The world’s second-largest container manufacturer Singamas Container reported 2014 net profit which is lower than the previous year, but is expecting a better 2015 bolstered by pent-up demand from shipping lines and the firm’s investment in a gateway province between China and
The Shanghai-and-Hong Kong-listed flagship unit of China Ocean Shipping Group, China Cosco Holdings Co Ltd says that its 2014 net profit went up 54 percent y/y at 362.5 million Yuan ($58.37 million), on government subsidies for scrapping old tonnage.
Peel Ports’ Commercial Director to call for radical rethink by shipping network on destination ports during address at Intermodal·Shippers and cargo owners need to take more of a role in lobbying lines to call at ports closer to the origin and destination of goods Liverpool2 to usher
The cabotage fleet of Hamburg Süd’s subsidiary Alianҫa has once again gained a new member. Within the scope of a customer event, the new container ship “Bartolomeu Dias” was christened on 14 April 2015 at the TECON Terminal in the southern-Brazilian port of Rio Grande
A consortium led by France's Bollore failed to make the final shortlist of firms vying to manage a new container terminal in Cameroon's southern port of Kribi, according to a commission report seen by Reuters on Monday. The government commission
U.S. Transportation Secretary Anthony Foxx has designated three new Marine Highway Projects. The Mississippi and Illinois Rivers, previously designated as the M-55 and M-35, connecting Chicago and Minneapolis to New Orleans, will serve as the primary routes for a new container-on-barge
International Container Terminal Services, Inc.’s (ICTSI) Subic Bay Freeport unit, Subic Bay International Terminal Corp. (SBITC), in partnership with the Subic Bay Metropolitan Authority (SBMA) and the Bureau of Customs (BOC), recently opened a one stop shop (OSS) to fast track
Adani Ports and Special Economic Zone Limited (“APSEZ”), India’s largest port developer and part of Adani Group, today announced the financial results for the fourth quarter and year ended March 31, 2015. Consolidated cargo across all ports handled by the company was
With growth of 5.9% the port of Antwerp has got off to a strong start in 2015. In terms of container handling (in TEU) Antwerp even achieved growth of 9.5% in the first three months of this year. The 2M alliance of MSC and Maersk which last year opted resolutely for Antwerp is of course
International Container Terminal Services, Inc. (ICTSI) today reported unaudited consolidated financial results for the quarter ended March 31, 2015 posting revenue from port operations of US$296.1 million, an increase of 19 percent over the US$248