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The Containers

Reefers Segment to Witness Highest Growth by 2021

Photo: ARD-aktuell / tagesschau.de

 Shipping containers are defined as containers that facilitate the transport and carriage of goods without the need to unload and/or reload the cargo at intermediate points.    These containers are large rectangular boxes made of a special corrosion resistant grade of steel and are characterized by high strength and durability. Containers are generally made up of aluminum and steel. The size and type built of each container comply with specifications and regulations formulated by the International Organization for Standardization (ISO).   Shipping containers are classified into three main categories, namely dry containers, reefer containers, and tank containers. Dry containers are the most commonly used containers and are used in the transportation of bulk cargo, whereas reefer containers are used for transporting perishables such as fruits, vegetables, and dairy products, among others.   Lastly, tank containers are cylindrical containers fitted in a rectangular steel frame. These containers facilitate intermodal transport of liquid chemicals and other liquids from one place to other. There are, however, other types of containers that cater to specific needs, such as containers for transporting out-of-gauge cargo. These may be either platform type or open-top containers, among others.   


COA Appoints STX Panocean's Kwon to BoD

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.


Atlantic Container Rates To Soar

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


Cargo Ship Loses Containers in Heavy Seas

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


Rate Increase, Transatlantic Trade

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


Port Everglades Equipped for SOLAS Weight Verification

Terminal operators at Broward County's Port Everglades say they are already equipped to help shippers handle the new international container weight verification requirements that go into effect on July 1, 2016.   Certified scales are available at several locations throughout Port Everglades to use to weigh export containers. Ocean shippers are encouraged to confirm availability and fees with their contracted marine terminal operators for compliance with the new verified gross mass (VGM)


ITCO Promotes Safe, Green Tank Containers

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


More Cargo Loading Flexibility

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


COA Appoint Panocean V-P to Board

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 Joins Achilles FPAL

Lion DNV Containers.jpg

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


Zim Sinks to Red

Photo: ZIM Integrated Shipping Services Ltd

 Israeli ocean carrier ZIM Integrated Shipping Services Ltd. (ZIM) has sunk to the red in the first quarter of 2016 after staying in the black for almost a year.   ZIM swung to a $56 million net loss in the first quarter from a $12 million profit in the previous year and revenue was


Hanjin Vessel Seized in South Africa

Hanjin Paradip. Photo: Hanjin Shipping

 Hanjin Shipping-operated bulker Hanjin Paradip has been arrested by a South Africa for alleged unpaid charter fees.    The 82,158 dwt bulker, which has been used to transport grain and minerals, was detained in Richards Bay on May 24 due to the unpaid charter fees to an


OOCL Renews VOD Training Contract

Videotel KVH Logo

 Videotel, producer and distributor of training videos, 3D animation, and e-Learning courses to the maritime market and part of KVH Industries, Inc., (Nasdaq: KVHI), has renewed its contract with Orient Overseas Container Line (OOCL) to supply the full Videotel On Demand (VOD) and software


Asia-N.Europe Box Freight Rates Soar 37 pct

File Image: A containership alongside at the port of Hamburg. (credit port of Hamburg)

Freight rates for shipping containers from ports in Asia to Northern Europe jumped 37 percent to $720 per 20-foot container (TEU) in the week ending on Friday, a person with access to data from the Shanghai Containerized Freight Index told Reuters.


Crowley Ramps up Investment in Puerto Rico

First row (L to R): John Hutchins, principal, Harbor Consulting Engineers; Tucker Gilliam, vice president, Crowley; Humberto Reynolds, president, Del Valle Group; second row: Carmelo Calderon, vice president, infrastructure division, Del Valle Group; Jose Soler, project manager, Del Valle Group. (Photo: Crowley)

Crowley Puerto Rico Services announced an additional $21 million construction contract for improvements and upgrades at its Isla Grande port terminal in San Juan.    The contract was awarded to Del Valle Group, S.P. of Toa Baja, Puerto Rico


Basra Gateway Terminal Goes Live with Navis N4

Navis, a part of Cargotec Corporation, and provider of operational technologies and services that unlock greater performance and efficiency for terminal operators, announced that Basra Gateway Terminal (BGT), part of International Container Terminal Services, Inc


Weight for Delays

Photo: International Institute of Marine Surveying

 Drewry survey finds that confusion reigns over new container weighing rule with most stakeholders expecting some delays after its implementation in July.   There is just over a month to go before new safety regulation comes into effect that will mandate container weighing from 1 July


Container Weight Regulations

Image:  World Shipping Council

 Starting July 1, 2016, the International Maritime Organization’s (IMO) Maritime Safety Committee approved amendments to The International Convention for the Safety of Life at Seas’ (SOLAS), will require that shippers verify gross container weight prior to shipping.  


Hapag-Lloyd Pushes Back AGM on Merger Talks

Photo: Hapag-Lloyd

Hapag-Lloyd said it had decided to postpone its annual general meeting scheduled for June 1, 2016 due to ongoing merger talks between German container shipping firm and United Arab Shipping Company (UASC).   The AGM will take place in August 2016 at the latest


China Okays CMA CGM's Acquisition of NOL

Courtesy NOL

 CMA CGM S.A. (CMA CGM), a global leader in container shipping, announces that it has received today confirmation that its pending acquisition of Neptune Orient Lines (NOL), Southeast Asia’s largest container shipping company (SGX: N03)


CMA CGM Proceeds with NOL Takeover after China Okay

File Image: A CMA CGM boxship alongside during cargo operations (credit: Marad)

CMA CGM, the world's third-largest container shipping firm, is to go ahead with its planned acquisition of Singapore's Neptune Orient Lines (NOL) after receiving regulatory clearance from China, the French group said. CMA CGM received on Wednesday confirmation of the deal's approval by the


ClassNK Updates Steel Ships Survey/Construction Guide

Classification society ClassNK has released printed versions of its 2016 Rules and Guidance for the Survey and Construction of Steel Ships.   ClassNK regularly reviews and revises its technical rules and guidance in order to ensure that they are relevant and up-to-date.  


SOLAS Container Weight Requirements FAQ

Photo: IMO

 With new rules regarding the declaration of the accurate gross mass of a packed containers due to enter force, the International Maritime Organization (IMO) answers the industry’s frequently asked questions (FAQ).   What are the new rules?


STX Shipbuilding Likely to Enter Court-lead Restructuring

Photo: Robert Kunkel

South Korean shipbuilder STX Offshore & Shipbuilding Co Ltd will likely need to enter court-supervised receivership due to financial difficulties, the firm's lead creditor Korea Development Bank said on Wednesday. STX Offshore's creditors took control of the company in 2013 after the


MAN Bags Danaos Shipping Propeller Order

Kappel propellers, Photo MAN

MAN Diesel & Turbo has won the order to supply Danaos Shipping Co. Ltd. with fixed pitch Kappel propellers, propeller boss caps with fins, and Engine Power Limitation for two container vessels – the 8,500 TEU ‘CSCL Europe’ and ‘CSCL America’.






 
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