World 19S Largest
DP World London Gateway has welcomed one of the world’s largest container ships carrying a record 18,601-teu. The UASC-owned Al Muraykh called at DP World London Gateway to unload 3,800 containers. Al Muraykh, a new generation of ultra-large container ships, is one of the largest in the world measuring 400 metres in length. The containers are loaded 11 storeys high above deck and 23 containers across the ship. With thousands more stowed below deck, the ship can carry up to 18,800 containers. The ship left Malaysia’s Port Klang carrying more shipping containers than any vessel on record and arrived at DP World London Gateway Port as its first port of call in Europe. Many of the goods being unloaded will be on the high streets of the UK in the coming days for the January sales. The vessel’s ability to transport large volumes of containers to the UK means the average CO2 output per container is 60% less than any other ship, making the transportation of goods more sustainable. DP World London Gateway Hub is located closer to key population centres reducing time and costs in UK supply chains. “We are extremely proud to have achieved a world record breaking load on board Al Muraykh, the greenest vessel in the world and one of the largest in operation today,” said Waleed Al Dawood, chief operating officer at UASC
Shipping is a truly global industry with owners based all over the world, says Clarksons Research. Interestingly, ownership is also very fragmented with over 90,000 vessels owned by more than 24,000 shipowners, with an average of around four ships per owner. While there are a multitude of small owner companies, the relatively limited number of owners with very large fleets also exert a significant influence in today’s shipping markets.
The Department of Transportation announced that the last of ’s famous ships, the Arthur M. Huddell, will be towed from the James River Reserve Fleet site at , , to , on July 28, to prepare the World War II-era vessel for a cross-Atlantic tow to its new homeport in . Greek officials say the ship will become a merchant marine museum of that nation’s shipping industry. While in , the Huddell will be berthed at the W3 Marine facility while the cross-Atlantic tow-prep is
AFP reported that 's state pension fund is likely to scrap plans to bid for Daewoo Shipbuilding because of global financial turbulence. The National Pension Service the world's fifth largest, had been in talks with POSCO, GS Group and Hanwha Group to find a partner for the acquisition of Daewoo Shipbuilding. Hyundai Heavy Industries, the world's largest shipyard, is also interested in Daewoo Shipbuilding, the world's third biggest yard.
The merger deal of China’s two shipping gianst China Ocean Shipping Co., or Cosco, and China Shipping Group that could create the world’s fourth largest container operator is expected to get approval by Chinese government by January, reports WSJ. The companies have been working out a deal for months, centered on combining the two companies’ container-shipping units. They are also looking into merging tanker, dry-bulk and port operations, the people said.
With recent news that sanctions against Iran are to be lifted, the world tanker fleet is due to see an additional 14.1 million DWT of Iranian tankers freed to trade globally. This tonnage is valued today at nearly $2.8 billion, according to VesselsValue.com. VesselsValue.com ranks Iran’s VLCC fleet eighth in the world by value, behind Greece, China, Japan, the U.S., Singapore, Saudi Arabia and South Korea
Royal Dutch Shell plc and BP plc, Europe’s largest energy companies, were the leading hirers of oil tankers last year as crude prices rose to records. Shell hired 762 crude oil tankers for single voyages in 2005, accounting for 7.5 percent of the global total, according to figures compiled by New York-based shipbroker Poten & Partners. BP rose from fifth in 2004 to second, with a share of 4.9 percent. Exxon Mobil Corp, the world’s top energy company, came third in the survey.
Three new carrier groups now control 58% of the total capacity in the transatlantic container trade, according to World Liner Supply, a new quarterly report from the compairdata.com on-line shipping database. The fourth quarter 2000 issue of World Liner Supply shows that the merger of services and the combination of smaller carrier groups has led to a substantially higher market concentration in the North America/northern Europe container trade.
China Ocean Shipping, China’s dominant maritime firm, is investing Yuan2bn in what is envisioned to become the largest shiprepair facility in the world. The base will be in the Zhoushan archipelago in Zhejiang province, two hours’ steaming from Shanghai, which is likely to become the world’s biggest port in the coming decade providing plenty of repair work, particularly for very large crude carriers and containerships
From the Navy News Service 1775 - Capt. John Manley in schooner Lee captures British ordnance ship Nancy with large quantity of munitions. 1890 - First Army-Navy football game (Navy won 24-0). 1929 - Cmdr. Richard Byrd makes first flight over South Pole. 1944 - USS Archerfish (SS 311) sinks Japanese carrier Shinano, world's largest warship sunk by any submarine during World War II.
Industry security experts have concluded that maritime crime will not be stopped any time soon – and that cyber incidents would continue to expand in frequency and severity. This was the consensus at BIMCO’s first ever Maritime Security Seminar in Copenhagen.
A snowstorm forced the closure of Turkey's key shipping straits and sweeping flight cancellations on Saturday, while hazardous roads left many drivers stranded overnight in Istanbul, a city of 15 million people. Turkish Airlines cancelled hundreds of flights in and out of the city's main
Dr Andrew Garrad, who retired from DNV GL on 23 December 2016, has been awarded a CBE – Commander of the Most Excellent Order of the British Empire – in the 2017 New Year’s Honours List. The CBE rewards contributions to the arts and sciences as well as work with charitable
US creditors of Hanjin Shipping Co. Ltd. objected to the Korean courier’s efforts to secure a New Jersey bankruptcy court approval of an asset sale to Mediterranean Shipping Co (MSC), reports WSJ. Geneva-based MSC, the world’s second largest container operator by
USA subsea equipment firm FMC Technologies and French engineering company Technip have jointly announced that they expect their merger to be formally complete by January 16. Houston-based FMC and Paris-based Technip will form a new entity called TechnipFMC
Colombo International Container Terminals (CICT) has reported a throughput of two million TEUs for the 12 months ending 31 December 2016, a year-on-year growth of 28 percent in volume, enabling the Port of Colombo to register overall incremental growth during three consecutive years.
The American P&I Club was founded in New York nearly a century ago. To celebrate its first 100 years, a book entitled The American Club: A Centennial History has just been published. The book tells the story of the Club across ten decades of maritime and marine insurance history both
Russia sent its anti-submarine destroyer and a replenishment oiler to the Philippines in a bid to hold maritime exercises with the latter, according to various media reports. The two ships — Admiral Tributs, an anti-submarine vessel
Inchcape Shipping Services (ISS), the world’s leading maritime and logistics service provider, has greatly expanded its European business with Team Tankers International with a new port agency contract across the region. Under the new agreement with the chemical tanker specialist
Maersk, the world's largest container shipping line, has teamed up with Alibaba to allow customers to reserve space on its vessels through the Chinese company, illustrating growing cooperation between e-commerce and logistics firms.
Wison Offshore & Marine has developed a range of solutions for floating power supply. With design philosophy of “plug-in power”, all products which are named W-FSRP series (Wison-Floating Storage Regasification and Power generation) feature integrated functions of LNG loading and
Engineered rope specialist Cortland Australia said it has secured a contract to supply Singapore’s ASL Shipyards with high performance Plasma 12x12 towlines for BHP Billiton Towage Services’s new fleet of six RAstar85 ASD escort tugs.
Heerema Marine Contractors has chosen Emerson Automation Solutions to provide a valve remote control (VRC) system for the world’s largest semi-submersible offshore crane vessel, SSCV Sleipnir, currently under construction at Sembcorp Marine’s shipyard in Singapore.
Maersk Drilling has taken delivery of its fourth XLE jack-up rig, the Maersk Invincible, from Daewoo Shipbuilding and Marine Engineering (DSME) in South Korea. Maersk Invincible will now mobilise to the North Sea and will in the second quarter of 2017 commence a five year firm contract with Aker
BIMCO is seeking to drive the improvement of standards for ships at dry bulk terminals across the world and has launched its first report on terminal performance. Since 2015 BIMCO has been collecting feedback on the performance of port terminals in order to be able to report the