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Seaspan, Cosco Agree to $1.9b Lease

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


Five Newbuildings for Hapag-Lloyd in 2007

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


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


World’s Largest Containership Named

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 to Launch New Haiti Service

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


Marit Maersk Visits Port of Hamburg

Having been constructed and christened at the Danish shipyard of Odense, the Marit Maersk, a giant container ship built for the Maersk Line shipping company, called at the Port of Hamburg for the first time on its maiden voyage. The ship's length of 1,204 ft makes it 49 ft longer  than any container ship that has ever called at the Port of Hamburg in the  past. Ships with a slot capacity of up to 11,000 TEU (20 ft standard  containers) are increasingly being put into service


Hapag-Lloyd Inaugurates South Africa Service

Hapag-Lloyd, which has so far focused mainly on East-West services, is expanding its African network by starting a service to South Africa in mid-October. “The southern and west regions of Africa represent an attractive market for container transport with considerable development potential. We will thus be serving all five continents for the first time in our company’s history,” commented Adolf Adrion, executive board member of Hapag-Lloyd AG


Container Ship Docks at the Port of Hamburg

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


Internal Waterway Shipping 2008 Results

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


Oceanteam Shipping Order PSV/CSC Carousel

Oceanteam order a new 2000/4000 ton modular carousel for offshore applications. Carousels are used for storage during transportation and installation of flexible pipe, umbilicals, risers and other products for offshore applications. The new patented OTS carousel series are designed for flexibility and quick mobilisation on standard modern PSV/CSV type vessels with limited deck load capacity for this type of equipment.


Hamburg Süd: Business is Well Despite Market Conditions

Photo: Hamburg Süd

Overview of Hamburg Süd growth Growth in the global economy and containerized transportation by sea in 2013 was slightly below the level of the previous year. Once again, available global slot capacity outpaced container transport volume as deliveries continue to exceed the level of scrappage


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.


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


Ben3D Introduces ContainerTug 600S

Photo courtesy of Ben3D

Ben3D BV Naval Architecture introduce in collaboration with Oonincx Shipbuilding BV the innovative ContainerTug 600S. A strong, compact Dutch built workboat with a remarkable feature: it can be transported as a standard 20 foot container. The 1,200 kg bollard pull


More Matson Rates to Increase

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Matson, Inc., a U.S. carrier in the Pacific, announced that Matson Navigation Company, Inc. (Matson) will raise its rates for the company's Guam/Commonwealth of the Northern Marianas Islands (CNMI) and Micronesia services by $275 for both westbound and eastbound containers, effective January 26


Northrop Grumman Introduces New ECDIS-E

Northrop Grumman Corporation is introducing the VisionMaster FT Electronic Chart Display and Information System-E (ECDIS-E), a new cost-effective navigation solution for commercial tankers, container ships, bulk carries and passenger ferries including retrofit installations.


Crowley Adds 537 Refrigerated Containers

Photo: Crowley

Crowley Maritime Corporation’s liner services group has added 537 new refrigerated (reefer) cargo containers to its fleet of equipment in an accentuated effort to serve the growing needs of its produce customers in Central America, Puerto Rico and the Caribbean


MOL Responds to Containership Safety Report

MOL Comfort: Photo courtesy of PTI

Mitsui O.S.K. Lines, Ltd. (MOL) responded to the interim report of the Committee on Large Container Ship Safety related to the incident on June 17, 2013, involving the MOL-operated MOL Comfort, which hull broke in half. The committee was established by Japan’s Ministry of Land, Infrastructure


China Shipyard Delivers First 'Home Grown' Mega-Container Ship

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China's first 10,000 TEU container ship with independent intellectual property rights has been delivered from Dalian Shipbuilding Industry Co (DSIC) in Dalian, Northeast China's Liaoning province, reports Xinhua. This ship was built for China Shipping Container Lines and is capable of carrying


Liebherr Cranes Ordered in South Africa

Photo: Liebherr

Liebherr Africa announced the awarding of a contract for the supply of four STS and 18 RTG cranes to Transnet Port Terminals. The order will be fulfilled with the assistance of Liebherr Container Cranes in Ireland. In the last two years, Liebherr delivered nine mobile harbor cranes to Transnet


Refrigerated Containers Set Safety Standard

Reftrade UK supply, deliver and advise on the rental and sale of DNV 2.7-1 / EN 12079 storage reefers and refrigeration containers.

Gone are the days where a refrigerated unit was a 20ft container with a fridge pack attached. In today’s offshore environment it is it about quality and reliability and the safety of the people working with our kit from dock to deck, explains Greg Spence, managing director of Reftrade UK.


New Container Line Includes Hamburg and the Black Sea

CMA CGM Lavender

The French shipping company CMA CGM is expanding its range of liner services from Hamburg and including Black Sea ports in its schedule for the first time. Today, the CMA CGM Lavender sails on the extended FEMEX 1 Northern Europe-Mediterranean full container service from HHLA Container Terminal


Port of Hamburg on Growth Course

Photo courtesy of Port of Hamburg

In 2013 the Port of Hamburg achieved total throughput of 139 million tons. That represents growth of 6.2 percent. Both general cargo handling totalling 96.8 million tons (+ 5.7 percent) and bulk cargo handling at 42.3 million tons (+ 7.2 percent)


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


Hoover Acquires Scotland's Container Company Ltd.

Hoover Container Solutions (Hoover) informs it has acquired Container Company Ltd. , a leading supplier of cargo carrying units (CCUs) for the offshore oil and gas industry. This acquisition complements Hoover's recent acquisitions of Consult Supply AS and Dolphin


 
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