Teu Container
Chinese Container Ship on the International Market
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
Becker Marine Wins Another Rudder Order
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
Canal Proposes New Containership Pricing System
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
Yangzijiang to Benefit From Ship Orders: Merrill Lynch
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 Closes Container Vessel Sale
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 Refloats Container Vessel
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 Starts Building Container Ship
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 Completes Wärtsilä RT-flex CR Engine
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 LA Container Volumes Increase
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
Evergreen to Launch GTM Feeder Service
Evergreen Line to launch a new container ship feeder service linking Greece, Turkey & Malta (GTM). In addition to meeting regional transportation requirements, the GTM service will connect to Evergreen Line's global service network via the port of Piraeus in Greece. The 600 TEU container ship Kirsten will service the intra-Mediterranean service. The first sailing is planned from Piraeus on the 28th of January 2013
Container Ship Trading Dips 20%
The ratio of container TEU capacity on-order compared to the trading fleet dropped below 20% in June, reports Braemar Seascope. The broker advises that, as the container industry is expected to take delivery of record volumes of TEU capacity this year
China Container Terminal Cargo Volumes Surge
Chongqing Container Terminal in Southwest China reports container volume up 29.7% to 166,000 teu in Q1 2013. Import and export container volume climbed 29.7 per cent to 166,000 TEU. Laden boxes amounted to 124,000 TEU, an increase of 33.3 per cent. Intermodal
Port of LA Container Volumes Down in May 2013
The Port of Los Angeles has released its May 2013 cargo volumes. May overall volumes decreased 12.9 percent compared to May 2012. The decrease was due in part to a vessel service that shifted out of the Port of Los Angeles. Imports dropped 12 percent, from 370
Retailers Remain Cautious on Merchandise Imports
Import volume at the nation’s major retail container ports is expected to increase 1.1% in June over the same month last year, reflecting modest growth expectations as retailers head toward the back-to-school and holiday seasons, according to the monthly Global Port Tracker report released
GL Debuts C-Dragon Design Concept at Nor-Shipping
The importance of Intra-Asian trade routes continues to grow as the region's economies continue to expand. Asian container traffic, in particular, is projected to be the fastest growing sector in the world for the next several years. In response to this Germanischer Lloyd (GL) has developed a
Data Convincing for Container Ship Noise Replacement
DNV gathered before and after operational-performance data which indicate that redesigning the bulbous bow of slow-steaming container ships can produce fuel savings of 5% or above. These “nose jobs” can have a payback time of less than a year, DNV said.
Korean Shipyard Delivers Container Ship ‘Hanjin Argentina’
The 3600 TEU container ship, built under the supervision of Navgathi Marine by Hyundai Sambo delivered to Pacific International Lines. Hanjin Argentina is the third of a series of four such vessels ordered by Pacific International Lines of Singapore from the S. Korea shipbuilders.
Port of Los Angeles Container Volumes Decrease in April
The Port of Los Angeles released its April 2013 cargo volumes, showing a 9.45% decrease in overall volumes compared to April 2012. The decrease was due in large part to a vessel service that shifted out of the Port of Los Angeles. Imports dropped 10
New Scaled Container Ship for Warsash Academy
Warsash Maritime Academy will welcome the eighth scaled ship model to its fleet in May 2013. It will be the first container ship to join the existing fleet at Southampton Solent University’s Ship Handling Center when it is officially launched at a special ceremony.
Retail Import Growth Expected to Slow Significantly through Summer
Import volume at the nation’s major retail container ports is expected to increase 3.3% in May over the same month last year but growth could trickle to a standstill by the end of the summer, according to the monthly Global Port Tracker report released today by the National Retail Federation
Black Sea Terminal Operator Continues Development Program
NUTEP, a container terminal operator in the Black Sea port of Novorossiysk, completed the latest phase of its ambitious port development program with the upgrade of its railway facilities there. The company has removed the original rail lines
China SCL Orders World's Largest Container Ship
China Shipping Container Lines Co. orders the world’s biggest container ship, taking over the title from Maersk Line. Hyundai Heavy Industries Co. will build five vessels each capable of carrying 18,400 20-foot containers for $700 million for China Shipping, the Ulsan
Port of Los Angeles Container Volumes Drop in March
The Port of Los Angeles released its March 2013 cargo volumes. After a 17% surge in February cargo volumes, overall volumes in March decreased 22.6% compared to March 2012. The decrease was due in large part to the timing of the Chinese New Year
Port of Hamburg Receives Eight Newbuildings
The Port of Hamburg receives the first of a total of eight 13,380-TEU COSCO newbuildings at HHLA’s Container Terminal Tollerort. Delivered at the end of February, the completed containership Cosco Belgium will berth in Hamburg on April 11
NOL Names Its Largest Container Ship
The 14,000-TEU container ship was named 'APL Temasek' by Mrs Mary Tan, wife of the Republic’s President at a Singapore ceremony. APL Temasek is the first in a series of ten 14,000-TEU vessels on order by the Singapore-based shipping and logistics group