The ship to which China owns the full intellectual property rights is on the international market for the first time, according to People's Daily. Hudong-Zhonghua Shipbuilding (Group) Co., Ltd. and Costamare Shipping Co. Greece signed a contract to build four of the 8,530 TEU container ships. The 8,530 TEU container ship is said to be the largest ever exported. Source: People's Daily Online
The Port of Los Angeles has released its July 2013 cargo volumes. July overall volumes totaled 715,640 20-Foot Equivalent (TEU) containers, the busiest cargo month of 2013. Compared to July 2012, volumes slipped 1.48%. Imports edged downward by .3%, from 371,859 Twenty-Foot Equivalent (TEU) containers in July 2012 to 370,745 TEUs this July. Exports decreased 4.83%, from 165,581 TEUs in July 2012 to 157,585 TEUs in July 2013.
Becker Marine Systems receives order for 93m2 TLKSR rudders - the largest ever built. 93m2 TLKSR Rudder ordered by STX O&S for 16,000 TEU container vessels Becker Marine Systems has been elected by STX Offshore & Shipbuilding to design and supply the largest ever built full spade rudders for Zodiac’s container vessels of more than 90m2. The largest rudders so far delivered by Becker Marine Systems are 85m2 TLKSR® rudders that were installed on five 14
After nine months of informal consultations with its customers and the maritime industry, the Panama Canal Authority (ACP) today announced a formal proposal to update their current vessel measurement and pricing system for full container vessels and other vessel types with on-deck container capacity. The ACP’s proposal would change the system that the Canal currently uses for the container segment – from the Panama Canal Universal Measurement System (PC/UMS) to the industry standard of the
Bank of America-Merrill Lynch said that it sees Yangzijiang Shipbuilding Ltd. benefiting from potential orders after a revival of interest from container shipping firms in larger vessels. The broker’s outlook came after reports that Taiwan's Evergreen, the world's sixth-largest container shipping firm, ordered 10 vessels with a capacity of 13,800 twenty-foot containers (TEU) each. "Evergreen Marine decided to lease ten 13
NewLead Holdings Ltd. (NASDAQ:NEWL) announced that the MSC Seine, a 1990-built 2,917 TEU Container vessel, was delivered to her new owner, January 20, 2010. As previously announced, the gross proceeds from sale will be used to reduce debt and add flexibility to the balance sheet.
T&T BISSO Response successfully refloated a 5,700 teu container vessel in Brazil. Led by Senior Salvage Master Ted Hosking, the T&T BISSO team lightered bunkers and used three high-horsepower local tugs in the operation. After pumping the bunkers back to the vessel and conducting an underwater survey, the crew safely delivered the vessel and cargo to its owners with no damage to the environment. (www.ttbisso
Hanjin Heavy Industries, Corp-Philippines, Inc. (HHIC-PI), switched on the steel plate cutting machine that signaled the start of its production. The first steel cutting ceremony was held at the newly-built HHIC-PI shipyard at the Redondo Peninsula. The HHIC-PI constructed the shipyard complex inside the 480-hectare land area in the peninsula with a committed investment of $ 1 billion and is expected to create around 30,000 jobs.
Hitachi is the eleventh engine builder in the Wärtsilä family of engine licensees to manufacture Wärtsilä RT-flex electronically-controlled common-rail marine engines. The other engine builders are in South Korea, Japan, China, Italy, Croatia and Poland. This additional manufacturing capacity from Hitachi enables Wärtsilä to serve the steadily and strongly growing world-wide demand for the popular RT-flex engine type.
Port of Los Angeles report that container volumes Increased .82% in October this year; up 4.69% compared to October 2011. Imports decreased 1.07 percent, from 368,842 Twenty-Foot Equivalent (TEU) containers in October 2011 to 364,881 TEUs this October. Exports decreased 7.10 percent, from 193,547 TEUs in October 2011 to 179,810 TEUs in October 2012. Combined, total loaded imports and exports for October decreased 3
Import volume at the nation’s major retail container ports is expected to grow 1.8% in December over the same month last year, and the year should end with an increase of 2.3% over 2012, according to the monthly Global Port Tracker report released today by the National Retail Federation and
Ship Finance International Limited announced its preliminary financial results for the quarter ended September 30, 2013, reporting preliminary 3Q 2013 results and quarterly dividend of $0.39 per share Hamilton. Highlights Declares third quarter dividend of $0.39 per share
A relatively quiet week in the shipbuilding sector according to the latest report Clarkson Hellas S&P Weekly Bulletin. Dry Bulk Carriers Henghou Industries have contracted two further vessels in a series of 250,000 dwt ore carriers at Guangzhou Longxue
The Port of Los Angeles released its October 2013 cargo volumes. October overall volumes totaled 684,207 Twenty-Foot Equivalent (TEU) containers, indicating a volume drop of 4.76% compared to October 2013. Imports declined by 5.14%, from 364,881 TEUs in October 2012 to 346,137 TEUs this October
Matson Navigation Company has placed an order for two 3,600 TEU container ships, powered by two MAN B&W 7S90ME-GI dual-fuel engines. The deal includes an option for three further vessels. The engines are the largest dual-fuel engines ever ordered in terms of power output with each engine
Ship owners trend towards larger ship sizes in the latest round of newbuilding orders reported in Clarkson Hellas S&P Weekly Bulletin. Dry bulk carriers Oldendorff Carriers has contracted for four firm plus up to four option 208,000 dwt Newcastlemax from Taizhou CATIC
With the Américo Vespúcio the Hamburg Süd subsidiary Aliança christened the third of four identical 3,800 TEU container ships for its cabotage fleet on October 22, 2013 in Pecém (Brazil). The naming ceremony was held as part of a customer event at the port of
Despite the ongoing shipping crisis, Becker Marine Systems said it is on course for 2013. The Hamburg-based company was awarded the contract to equip five 18,000-TEU container ships under construction for China Shipping Container Lines with effective high performance rudders.
The Port of Los Angeles has released its September 2013 cargo volumes. September overall volumes totaled 710,892 Twenty-Foot Equivalent (TEU) containers, the third consecutive month volumes exceeded 700,000 TEUs, but compared to September 2012, volumes dropped 4.57 percent.
Despite concerns over the government shutdown, import volume at the nation’s major retail container ports is expected to grow 9.1% in October over the same month last year, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett
Increased activity in the dry bulk carrier shipbuilding market is reported in the latest Clarkson Hellas Weekly S+P Bulletin, and in all sectors the shipbuilders are in China. Dry bulkers Grieg Shipping have added to their existing orders at Dayang, with two further units of Ultramaxes
With the Fernão de Magalhães, Aliança has christened the second of four identical new container ships for its cabotage fleet. The Naming Ceremony was held on September 26 at the container port of Porto Chibatão on the Rio Negro in Manaus
Shipbuilding orders were rather less the past week, but there were notable contracts for specialised heavy-lift carriers from Chinese shipbuilders, according to the Clarkson Hellas S&P Weekly Bulletin round-up. Dry bulk carriers Limited ordering to report this week in dry say Clarkson
The Port of Los Angeles has released its August 2013 cargo volumes. August overall volumes totaled 709,675 Twenty-Foot Equivalent (TEU) containers, the second consecutive month volumes exceeded 700,000 TEUs. Compared to August 2012, volumes inched up less than 1 percent.
The latest version of ECO-Assistant, the trim optimisation tool from FutureShip, the maritime consulting arm of Germanischer Lloyd, incorporates a number of new features, including a fuel consumption calculator, system usage monitoring, benefit reporting and an E-learning module to speed