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.
Abu Dhabi Ports Company (ADPC) and Abu Dhabi Terminals (ADT) say that a million TEU containers have been handled at Khalifa Port since its commercial opening. Khalifa Port began commercial operations at the end of last year when all container traffic was transferred from the city centre port Zayed Port, to the country’s new flagship Khalifa Port. In October 2013, more than 100,000 TEUs passed through the port in just one month
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.
Ship Finance International Limited (SFL) announced that it has agreed to acquire seven 4,100 teu container vessels built in 2002 in combination with long-term charters to a leading container line operator. The vessels are expected to be delivered to SFL over the course of the next few weeks
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
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)
MacGregor, part of Cargotec, has secured an order for lashing bridges for three 18,000 TEU container ships to be built at Waigaoqiao Shipyard in China. The contract includes the design and fabrication of the lashing bridge steel structure of approx
Import volume at the nation’s major retail container ports is expected to drop 8.4 percent in February from the same time last year as the shipping cycle reaches its slowest month of the year, according to the monthly Global Port Tracker report released today by the National Retail
With the recent commissioning of two TCS-PTG22 units at the Miraflores Power Plant in Panama and the successful factory acceptance test of a TCS-PTG20 unit for a 4,700 TEU container vessel ordered by Reederei Horst Zeppenfeld – the second such unit to be installed on board a second such
Far East shipbuilders scoop the pool of latest big ship newbuilding orders reports Clarkson Hellas in their latest Weekly S+P Bulletin. Bulk carriers This week Clarkson Hellas say that Bocimar has announced an order for two firm 206,000 DWT Newcastlemax and one firm 180
Hyundai Heavy Industries (HHI) say they have begun building the first of five 19,000 TEU container ships for China Shipping Container Lines (Hong Kong). HHI explain that the shipowner upgraded the original order for five 18,400 TEU containerships to ones capable of delivering 600
Container ship newbuildings figure most active in the latest weekly news from Clarkson Hellas, with the majority of orders placed with China and Korea shipbuilders. Dry bulk carriers Clients of Diana Shipping reports Clarkson Hellas in its Weekly Bulletin have announced a further order for one 82
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
The Port of Los Angeles has released its December 2013 cargo volumes. December overall volumes increased 11.09 percent compared to December 2012. The increase is due in part to shippers moving cargo in advance of the Chinese New Year, which this year falls on January 31.
United Arab Shipping Company (UASC) closed a $1.3 biillion (USD) multi-tranche syndicated loan facility for the partial financing of seven 14,000 TEU container ships and five 18,000 TEU container ships. The facility is part of a larger $1.7 billion debt financing related to UASC’s announced
Chongqing Guoyuan Port, a crucial shipping centre in the upper reaches of the Yangtze River, has recently been put into use. With an annual through capacity of 300 billion tons, it will be connected with Yuxin'ou (Chongqing-Xinjiang-Europe) International Railway
The Port of Shanghai posted a 4.3 per cent increase in container volume in November year-on-year to 2.94 million TEU, according to figures from Shanghai International Port Group (SIPG) reports the Shipping Gazette. Throughput of the entire port of Shanghai is expected to hit 33
Wärtsilä say they are to supply their Wärtsilä X92 main engine for a series of four Post Panamax 9000 TEU container ships (with options for a fifth) to be built for the Ciner Group, based in Istanbul, Turkey. Each vessel will be powered by an 8-cylinder Wärtsilä