The Container Owners Association – the international organization representing container shipping lines and container leasing companies worldwide – has appointed Mr O I Kwon, Senior Vice President – Container Business Management Division, STX Panocean Co Ltd, to its Board of Directors. Mr Kwon joins six other Directors, who represent some of the world’s largest container owners, on the Board of the Container Owners Association. “It is a great honour – both for me personally, and for my company STX Panocean - to join the COA Board,” Mr Kwon says. “This position carries considerable responsibility and I will do my best to promote the COA in Asia and to support the wide range of initiatives that the COA is working on. The COA Board comprises senior representatives from some of the world’s largest container shipping lines and leasing companies, including: Maersk Line, CMA-CGM, United Arab Shipping Company, STX Panocean, Seaco Global, Triton Container and Florens Container Services. Its newly appointed Chairman is Michael Callus, Vice-President, Container Management, at UASC.
As a result of market instability in the transatlantic trade, Maersk Line is announcing the following general rate increase, effective 1 April 2009. The filed increases are as follows between Northern Europe and the East Coast and Gulf Coast of North America: • $160 per 20 ft dry container • $220 per 40 ft container/high cube/45 ft container/reefer The filed increases are as follows between Northern Europe and the West Coast of North
Starting next year, the price to ship a container across the Atlantic ocean is to soar, as container shipping lines on the Atlantic will be seeking hefty rate increases s next year. Rates for 20 foot containers heading westbound to U.S. Atlantic, Gulf and Pacific ports would rise by $600 from January 1, 2000, carriers in the Trans-Atlantic Conference Agreement (TACA) said. For 40 and 45 ft units the increase would be $750, they said
The container ship Seaboard Voyager lost four of its containers approximately 18 miles north of Puerto de Tanamo, Cuba, Wednesday 2:18 p.m. Coast Guard Marine Safety Office Miami received the report from the ship's master at 11:30 a.m. yesterday that Seaboard Voyager encountered rough seas and bad weather off the Cuban coast and four containers became loose. The Coast Guard instructed the master to anchor the ship off the coast of Miami so safety inspectors could make sure the ship
The Container Owners Association (COA) appoints O. I. Kwon, Senior V-P, Container Business Management Division, STX Panocean, to its Board. The Container Owners Association (COA) was established in November 2004 as an international organisation representing the common interests of all owners of freight containers, worldwide. It has over 165 Members, including container shipping lines, leasing companies, intermodal operators and suppliers of a wide range of container equipment and services
Lion Containers Ltd. announced that it has joined Achilles FPAL, the supplier management community supporting the European oil and gas industry. Achilles FPAL is a community used by major buying organizations within the oil and gas sector. It enables the oil and gas sector to use Achilles' proven supplier prequalification system to identify, prequalify and assess suppliers for tender opportunities and minimize risk within their supply chains
Konecranes has received orders for five ship-to-shore (STS) cranes and fourteen rubber tired gantry (RTG) cranes to three container terminals of National Container Company (NCC) in Russia. The cranes will be delivered to NCC's subsidiaries First Container Terminal (FCT) in St. Petersburg, Baltic Container Terminal (BCT) in Ust-Luga and the inland terminal Shushary. The total value of the orders is over $56.7m. The procurement of container handling equipment is part of NCC's terminal
The International Tank Container Organisation (ITCO) will unveil a new tranche of industry knowledge on intermodal tank containers in three specialist presentations to be made at the Transport Logistic 2009 event in Munich on 12-15 May 2009. Two of the papers highlight recent studies which bring together a wide range of established knowledge to explain why tank containers are the safest, most reliable and efficient means of transporting bulk liquids, powders and gases
Hong Kong Port cargo throughput increased by 3% over a year earlier to 64.5 million tonnes, while outward cargo volume increased 7% in Q1 2012 The HK Census and Statistics Department (C&SD) has released statistics on vessels, port cargo and containers for the first quarter of 2012. In the first quarter of 2012, total port cargo throughput increased by 3% over a year earlier to 64.5 million tonnes. Within this total, inward port cargo recorded virtually no change at 35
Classification society Germanischer Lloyd (GL) is offering container carriers additional flexibility to load more containers on deck, while maintaining required safety levels. With new route specific loading calculations, GL can assist container lines to accelerate cargo operations in ports and maintain a higher degree of loading flexibility. Based on long-term statistical data on wave conditions, GL has developed a new class notation for route dependent container stowage
CMA CGM, the world's third-largest container shipper, announced on Monday plans to order three giant vessels and said higher volumes and profit last year showed its focus on economies of scale was bearing fruit. Like market leader Maersk Line
Ahrenkiel Steamship GmbH & Co. KG and Radio Holland Germany GmbH, part of Imtech Marine, have agreed a long-term maintenance agreement for the entire Ahrenkiel Steamship fleet, which comprises nearly 60 vessels. Based in Hamburg, Ahrenkiel Steamship Group is a leading
Maersk Line, the world's largest container company, has selected Transas Marine for ECDIS implementation on more than 100 vessels, Transas announced today. The contract features the Transas Navi-Sailor ECDIS 4000 in dual configuration plus a back-up station on each vessel.
Sea Star Line, LLC has entered an agreement to on-hire another barge to add to its current service package for shipments from Jacksonville to Puerto Rico. The new asset has the capacity for 320 dry units and its initial departure is scheduled for the first week of April
Danish shipping firm Maersk Line has signed an order for seven container vessels from COSCO Shipyard in China as the first step in a $15 billion investment programme over five years. The companies said in a statement on Thursday they would not give details of the price of the vessels
The Shanghai-and-Hong Kong-listed flagship unit of China Ocean Shipping Group, China Cosco Holdings Co Ltd says that its 2014 net profit went up 54 percent y/y at 362.5 million Yuan ($58.37 million), on government subsidies for scrapping old tonnage.
Changes to sea port charges have been implemented in Qatar, as per the decision of the country's Council of Ministers. 20' containers (clear in approx. 3–7 days, depending on weekend & availability of paperwork):
Antwerp Gateway, managed by DP World (one of the largest container terminal operators in the world) is a significant contributor to the success of the Port of Antwerp. Eddy Bruyninckx, CEO of the Antwerp Port Authority, met with Mr. Sultan Ahmed bin Sulayem and Mr
APM Terminals Mumbai welcomed China Shipping Container Line’s HS Paris on March 20th, on her maiden call as part of the Middle East-Indian Subcontinent-North America (MINA) Service, jointly operated by the United Arab Shipping Company, Hanjin Shipping, CMA CGM and China Shipping
China Cosco said losses in its main dry bulk shipping business fell sharply in 2014 and its container shipping gross profit grew amid a still subdued global shipping market. The comments were made by the firm's chief financial officer, Tang Runjiang, at its results briefing in Beijing on Friday
Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell 5.5 percent to $586 per 20-foot container (TEU) in the week ended on Friday, a source with access to data from the Shanghai Containerized Freight Index told Reuters.
The Paducah-McCracken County Riverport Authority and Ingram Barge Company has announced plans to assess the viability of Intermodal River Transportation, utilizing the largest flat-top crane in North America owned by the Paducah Riverport Authority and Ingram’s towboats and barges.
Hamburg Süd christened its third container vessel in the new San class yesterday, officially naming newbuild San Vicente at the Cuenca del Plata terminal in Montevideo. The new ship class in the Hamburg Süd fleet has a nominal container slot capacity of around 9
Lifeboats from Walton and Frinton, and the Harwich have been called out to a container ship ANL Warringa off the coast of Essex which had been reported to be drifting in a major shipping lane. It was reported to be drifting in the North Sea, 20 miles (32 miles) off the Essex coast
China Shipping Container Line’s (CSCL) Xin Qin Huang Dao recently made its maiden call at the Adriatic Gate Container Terminal (AGCT), International Container Terminal Services, Inc.’s (ICTSI) container handling facility in the Port of Rijeka, Croatia