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Maersk Line To Order Five Containerships

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.

New Dry-Freight Box Prices on the Rise

File image CCL3

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.

First Order for New Containership Series

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

NOL to Help Develop a New Container Terminal

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%.

ECT And P&O To Team Up On Container Terminal

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 Buys Land for Intermodal Container Terminal in Ill.

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 To Purchase Nine Containerships

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

Container Cranes Pass Under Bridge with Feet to Spare

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

Terminal Operator HHLA Prepares for Big Vessels

Photo:  Hamburger Hafen und Logistik AG

Port of Hamburg terminal operator Hamburger Hafen und Logisitik AG (HHLA) is making further preparations for the latest generation of mega-ships.    It has ordered two new container gantry cranes for its Container Terminal Tollerort (CTT), which will be able to handle ships with a capacity of 20,000 standard containers (TEU).    HHLA had only just recently ordered three new cranes for HHLA Container Terminal Burchardkai

Busan LNG Bunkering Terminal by 2020

Photo Source: Busan New Container Terminal

 A new liquefied natural gas (LNG)-bunkering terminal may become operational at South Korea's Busan New Port by 2020.    South Korean shipping company Polaris Shipping will reportedly invest $500 million (KRW 600 billion) to construct the facility.   According to IHS, the terminal will occupy a 185,700 m² site in Busan New Port and is to have four berths and two LNG tanks. Busan Port Authority and Busan Regional Oceans & Fisheries Administration had received a

Maersk Orders BWTS for 7 Newbuilds

Image: DESMI Ocean Guard

DESMI Ocean Guard A/S to supply ballast water treatment systems to a series of new container vessels to be built at COSCO Zhoushan shipyard in China, for Danish shipper Maersk Line.   DESMI Ocean Guard announced that its RayClean ballast water treatment system (BWTS) has been selected for

Crowley Breaks Ground on San Juan Terminal

Photo: Crowley

Crowley Puerto Rico Services, Inc. has broken ground on a $48.5-million construction project for a new pier at its Isla Grande Terminal in San Juan, Puerto Rico, the company announced.   The project includes the development of a new 900-foot-long

Magleby Maersk Calls at Jebel Ali

Magleby Maersk at Jebel Ali’s Terminal 2 (Photo: DP World)

Press release - Global marine terminals operator DP World’s flagship Jebel Ali Port has received the world’s largest container vessel, the Magleby Maersk, which is on its maiden visit to the region.   The management and operations team at Jebel Ali rolled out a well-drilled

Shipping to See Further Consolidation

Image by MarineLink

 The CMA CGM's move to buy Singapore’s Neptune Orient Lines (NOL), could lead to one of the biggest acquisitions in the shipping container industry in years.   If it goes through, NOL and CMA's merger would be the biggest container shipping deal in years

Evergreen Orders 10 More Ships

Photo: Evergreen Group

 The Evergreen Group, Taiwan's largest container shipper, has signed an agreement with Japan's Imabari Shipbuilding Co. to build 10 new container vessels with a capacity of 2,800 20-foot equivalent units (TEU) to expand its fleet.  

Jebel Ali Port Wins 'Best Seaport' Award

HE Sultan Ahmed Bin Sulayem, Chairman (Photo:  DP World)

Press release - DP World’s flagship Jebel Ali Port has retained its leadership position by winning the Best Seaport – Middle East Award for the 21st year in a row at the Asian Freight, Logistics and Supply Chain Awards (AFLAS) 2015 in Hong Kong.

Megaships Worsen Overcapacity in Boxship Trades

The 16,000 TEU CMA CGM containership Marco Polo (file image)

Container shipping lines are poised to take delivery of a new generation of "megaships" over the next two years, just as the growth of world trade is slowing down, contributing to massive overcapacity in the market. Megaships, which can be up to 400 metres long, seem to be here to stay

ICTSI Subic Gets More Equipment

SBITC added 16 brand new Kalmar Ottawa terminal tractors to its prime mover fleet ahead of the expected increase in container movement in the coming months.  The renewed interest in Subic has also prompted ICTSI to ramp up

  Subic Bay International Container Terminal Corp. (SBITC) recently received and commissioned three new reach stackers and 16 new Kalmar Ottawa terminal tractors.   The additional capacity has increased the terminal tractor fleet to 23 units or 128 percent

Ivory Coast Starts Construction of Abidjan Port Upgrades

Ivory Coast began construction on Tuesday of a four-year, 560 billion CFA franc ($962 million) project to build a second container terminal and widen the canal leading to its main port in the commercial capital Abidjan.   Among the busiest in sub-Saharan Africa, the port serves Ivory Coast

Foundation Stone Laid for New PSA CT in Mumbai

Stone laying ceremony

  Bharat Mumbai Container Terminals Private Limited (BMCT), a wholly-owned subsidiary of PSA Bharat Investments Pte Ltd (which is a subsidiary of PSA International) celebrated the laying of the foundation stone today to mark an important chapter in the development of the fourth container

APM Terminals Izmir Set for Opening

Final deliveries of remaining STS cranes and RTGs scheduled for December for 1st Quarter 2016 operations

With the delivery of five Rubber-Tire Gantry Cranes (RTGs) and two Ship-to-Shore (STS) gantry cranes capable of handling Ultra-Large Containerships (ULCS) of up to 16,000 TEU capacity, the new 1.3 million TEU deep-water APM Terminals Izmir facility is nearing completion in anticipation of

SCPA Logs 10% 1Q Growth

South Carolina Ports Authority (SCPA) saw strong container volume growth during the first quarter of the 2016 fiscal year, with TEU volumes 9.5 percent higher than the same period last year.  SCPA handled 167,549 TEUs last month, an 11.1 percent increase from September 2014 volumes. Since the 2016 fiscal year began in July, SCPA has moved 513,299 TEUs.  As measured in pier containers, 289,610 boxes have moved across SCPA docks fiscal year to date. Pier container volume is up 8.6 percent from the

  South Carolina Ports Authority (SCPA) saw strong container volume growth during the first quarter of the 2016 fiscal year, with TEU volumes 9.5 percent higher than the same period last year. SCPA handled 167,549 TEUs last month, an 11.1 percent increase from September 2014 volumes

MSC Silvia Joins Fleet


MSC Mediterranean Shipping Company today took delivery of the MSC Silvia, the latest of a brand new class of 9,400 TEU container ships from the leading ocean carrier. Following today’s inauguration ceremony in Shanghai, MSC Silvia will join the Empire service between the Far East and US

ICTSI 9M Profts Above Expectations

Photo International Container Terminal Services, Inc.

  International Container Terminal Services, Inc. (ICTSI) today reported unaudited consolidated financial results for the first nine months of 2015 posting revenues from port operations of US$792.0 million, an increase of two percent over the US$779

ICT for Port of Burnie

An artists impression of the DP World Burnie international container port

  Australia’s largest stevedore DP World Australia today confirmed that it had entered into an exclusive agreement with the Tasmanian Ports Corporation, Tasports, under which the two parties will work together to provide an international container terminal at the Port of Burnie in

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