According to Bloomberg, Seaspan Corp., will lease eight container vessels to a unit of China Cosco Holdings Co. for $1.9b. Cosco Container Lines Co., will pay a daily fee of $55,000 a vessel during the 12-year contract, Seaspan said. The Seaspan vessels are designed to carry 13,100 standard containers measuring 20 ft. in length, among the largest ships of their kind. They are scheduled for delivery in 2011. Source: Bloomberg
In 2007, Hapag-Lloyd will integrate three newbuildings each capable of carrying 8,750 standard containers (TEU) as well as two vessels each of 4,250 TEU capacity into its fleet, enabling it to keep pace with the expected growth in global container transport. With the combining of services in the context of the integration of CP Ships, acquired at the end of last year, as well as the cascading of vessels in the various liner services
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
Colombo Express, the world’s largest containership at 1099 ft. (335 m) long, 141 ft. (43 m) wide, and able to carry 8,750 containers, was recently named. The patron of the new Hapag-Lloyd flagship was Christiane Krumnow, wife of the supervisory board chairman of TUI AG, Dr. Jürgen Krumnow. “Global container transport remains a growth market,” said Michael Behrendt, chairman of the executive board of Hapag-Lloyd AG. “Today’s volume of 71 million standard containers is forecast to grow to
Crowley Liner Services announced today that beginning September 12 it will launch weekly, fixed-day service from Port Everglades, Fla., to Port-au-Prince, Haiti. Vessels will depart from Port Everglades every Friday, call Rio Haina, Dominican Republic, every Tuesday, arrive in Port-au-Prince, Haiti, every Wednesday, and return to Port Everglades every Friday. Crowley will use the Lift On / Lift Off (Lo/Lo) ship, Olympos, and offer customers the
The Global Shippers Forum (GSF) has joined forces with the Baltic International Maritime Council Organisation (BIMCO) to launch the BIMCO/GSF SERVICECON container shipping contract. GSF is a NGO inaugurated in the UK four years ago but which represents international shipping organisations around the globe, and BIMCO is also an NGO which includes thousands of shipowners and operators worldwide in its membership.
At the beginning of September the new flagship of the Chinese shipping company COSCO Container Lines Ltd. docked at the Port of Hamburg for the first time. The Cosco Asia with its slot capacity of 10,062 TEU, is the largest container ship to have entered the Port of Hamburg to date. The unloading and loading of the containerized cargo was handled by HHLA Container Terminal Tollerort (CTT). This container giant with a length of 1,145 ft. is deployed by COSCO
Now at 12.2 million tons, the volume of goods carried between the Port of Hamburg and the hinterland by inland waterway vessel in 2008 exceeded all previous levels. This marked a 1.5 percent increase on the operating results of the previous year. In Germany as a whole, the shipment of goods by inland waterway vessel in 2008 dropped by 1.6 percent. The most important goods categories were mineral oil products, gases, coal and agricultural and forestry products
The credit of being CSCL Globe for being the world's biggest container ship remained for a little over a month until the arrival of the MSC Oscar. MSC Oscar, sailed from a shipyard near Busan, South Korea, became the world's largest container ship last month, just weeks after the previous record holder, CSCL Globe, was launched. The MSC Oscar, operated by Geneva-based Mediterranean Shipping Co., is slightly shorter but is able to carry 124 more containers
MacGregor, part of Cargotec, has developed a new 40ft flat rack loose lashings storage system that is designed to make better use of available deck space. "An overall trend for twistlocks, stackers and midlocks is their weight reduction," explains Perttu Jokinen, Lashing Portfolio Manager, Cargo Stowage and Securing Systems, MacGregor. "This can often lead to the maximum volume of a storage bin being reached before its maximum payload
The Port of Virginia handled 226,000 TEUs in July, the highest amount ever recorded for that monthly period in the port''s history. The Virginia Port Authority, which operates terminals in Portsmouth, Newport News and Norfolk, reported Thursday that 225
Hoover Container Solutions, a provider of chemical tanks, cargo carrying units and related products and services, has introduced acid tanks intended for transport and storage of a range of corrosive liquids and chemicals as the newest addition to its offshore product line.
Mundra International Container Terminal (MICT) received the Gateway Award for Container Terminal of the Year in recognition of its performance, operational excellence, growth in throughput and breaking the one-million-TEU mark.
German container carrier Hapag-Lloyd is starting to see the commercial benefits of its integration with the container shipping arm of Compañía Sud Americana de Vapores (CSAV), which is now expected to deliver larger synergies than initially anticipated.
BIMCO and the Global Shipping Forum have now launched a new standard contract – named “SERVICECON” – which simplifies and harmonises terms and conditions for container volume contracts between shippers and carriers.
Hapag-Lloyd generated a profit in the first three months of this year, and concluded the first quarter with a profit of EUR 128.2 million (prior year period: EUR -119.1 million). EBITDA reached EUR 283.6 million (prior year period: EUR 2.9 million) and the underlying EBIT was EUR 160
Seagull Maritime AS has launched the Container Industry Competence Standard (CICS), an assessment and training system covering container vessel operations. The program aims to bring new consistency to competency on-board containerships, following a similar breakthrough from Seagull in the dry bulk
The Port of Hamburg handled total throughput of 35.6 million tons (up by 0.1 percent) in the first quarter of 2015. Bulk cargoes at 11.7 million tons (up by 12.3 percent) and container transport between the port and its hinterland at 602,000 TEU (up by 11
When the expansion of the Panama Canal is complete, liner shipping companies will finally be able to use larger vessels. Hapag-Lloyd has therefore ordered five state-of-the-art ships. Hapag-Lloyd has ordered five modern container ships from the South Korean shipbuilder Hyundai Samho Heavy
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)
The Port of Grangemouth is the largest container terminal in Scotland and the port’s owner, Forth Ports Limited, has announced that it’s going to get even bigger. Forth Ports will invest GBP £1.5 million investment at Grangemouth in surface upgrading works on
Two Chinese shipping giants are likely to sign agreements with Cambodia's Sihanoukville Autonomous Port (SAP), paving the way for exporters to move cargo directly from Cambodia to China, Xinhua reported. Both Cosco and China Shipping are expected to sign with Sihanoukville Autonomous
The Port of Shanghai is aiming to reduce energy consumption per handling capacity unit by 7 percent in 2017 compared to 2010, the city’s transport commission said. It is aiming to cut carbon dioxide emissions by 9 percent compared with 2010
Six local and foreign firms have expressed interest to construct a modern Davao Sasa Port, the Department of Transportation and Communications (DOTC), Philippines said. The companies that purchased the bid documents include Anflocor, Netherlands-based global operator APMT
Orient Overseas (International) (OOIL), the parent company of Orient Overseas Container Line (OOCL), said its profit had risen 32 percent year on year (y/y) to $238.6 million in the first six months of 2015, due cheaper fuel costs helped it tide over a slump in freight rates.