Marine link
 

World 19S Largest

UASC calls at DP World London Gateway with Record Load

The sunsets on another day at London Gateway. Photo:  DP World

 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


Sizing Up The World’s Shipping Companies

Graph: Clarksons Research

 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.  


Last Liberty Ship Leaves James River Reserve Fleet

Arthur M. Huddell is bound for Greece

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


Pension Fund Set to Scrap Plan to Bid for Daewoo

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.


Cosco, China Shipping Mega Merger Deal May Get Green Signal Soon

Photo: China COSCO Dry Bulk Shipping

 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. 


Lifted Iran Sanction Frees Up $2.8 Bln in Tanker Tonnage

Image: VesselsValue.com

 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


Shell, BP 2005’s Leading Oil Tanker Hirers

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.


China to Build World's Largest Repair Facility

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


This Day in Naval History - Nov. 29

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.


Seafaring Tradition Perhaps Key to DP World's Growth

At DP World's annual gala dinner the chairman noted the company's success was rooted in UAE's rich maritime tradition. The UAE’s rich sea-faring tradition supported and drove DP World’s rise from a local port operator to today being third largest marine terminal operator globally, said Chairman H.E. Sultan Ahmed Bin Sulayem addressing the recent Annual Grand Gala Dinner of DP World, UAE Region. Addressing the event held under the theme “Dreams of the Sea”


2M Alliance's NO to Hyundai Merchant

Photo: Hyundai Merchant Marine

 Danish shipper Maersk Line, part of A.P. Moller-Maersk, said it is no longer considering Hyundai Merchant Marine for membership in the group, reports Reuters.   This is a major blow to the troubled Korean shipping company. Membership in 2M Alliance would have guaranteed HMM a steady


PetroChina, Unipec to Lift 2 mln bbls U.S. crude in December

File Image: a typical VLCC underway. CREDIT EuroNav

Chinese state-owned oil traders PetroChina and Unipec have chartered ships to load more than 2 million barrels of U.S. crude oil in December, three sources with knowledge of the matter said on Friday. The shipments come on top of nearly 3 million barrels that BP has sent to Asia as oil traders


Maersk, Hyundai Merchant Marine alliance talks in doubt

Hyundai Merchant Marine says still in talks to join 2M; joining an alliance was precondition for HMM debt relief. Doubts about the future of Hyundai Merchant Marine Co Ltd surfaced on Friday after Denmark's Maersk Line said the South Korean shipping firm was no longer being considered for the


Dellner Brakes Enters the US Marine Market

Dellner Brakes launched into the U.S. marine market at the 2016 International WorkBoat Show (Photo: Dellner Brakes)

Dellner Brakes AB chose the 2016 International WorkBoat Show in New Orleans to launch its portfolio of technologically advanced braking solutions, including the world’s first fully automated, electrical ‘stop, turn, lock’ (eSTL) system, to the U.S. marine market.  


Construction of King Salman Global Maritime Industries Complex Gains Steam

 Hyundai Heavy Industries (HHI), the world’s largest shipbuilder, announced today that Royal Inauguration Ceremony of King Salman Global Maritime Industries Complex was held at Ras Al-Khair, Saudi Arabia with the attendance of His Majesty King Salman bin Abdulaziz Al Saud on November 29


IRClass Authorised RO for Oman, Nigeria, Lebanon flags

Vijay Arora, Joint Managing Director. Photo IRClass

Indian Register of Shipping (IRClass), has obtained authorisation to act as ‘Recognised Organisation’ (RO), to carry out statutory survey, audit and certification on behalf of Nigeria, Oman and Lebanon flag states. With this developmental progress to-date


Grangemouth Port sees Record Volume

Derek Knox, Port Manager for Grangemouth in the port’s busy reefer container compound. Photo Port of Grangemouth

The Port of Grangemouth, Scotland’s largest container facility has enjoyed one of its busiest seasons, with over 50,000 TEUs (Twenty Foot Equivalent Units) being handled at the port in the last two months. This four-year high is the result of a buoyant fresh food export season utilising the


World's Largest Single-deck Log Ship Calls Tacoma

Photo: The Northwest Seaport Alliance

 The world’s largest single-deck bulk/log carrier, Olive Bay, arrived Thursday at The Northwest Seaport Alliance’s West Hylebos log terminal in Tacoma.   The terminal, operated by Seattle-based Merrill & Ring Forest Products


Hyundai Near Deal With Iran for 10 Ships

Photo: Hyundai Heavy Industries Co

 Hyundai Heavy Industries Co. (HHI), a major shipyard in South Korea, looks set to clinch a deal with Iran to supply 10 ships, says a report in Yonhap.   The contract, valued at USD650 million, will see Hyundai supply the Islamic Republic of Iran Shipping Lines, (IRISL) with four 14


Caisse, Dubai’s DP World Ink $3.8-Billion Port Venture

Photo: DP World

 DP World announces the creation of an investment vehicle in partnership with Caisse de dépôt et placement du Québec (CDPQ), one of North America’s largest pension fund managers.   The investment platform totals US$ 3


Four Post Panamax Cranes Arrive in Savannah

Boskalis vessel Teal transports four new ship-to-shore cranes up the Savannah River past historic River Street to Garden City Terminal at the Port of Savannah. Photo Georgia Ports Authority Stephen B. Morton

Four new Super Post Panamax ship-to-shore cranes arrived at Garden City Terminal yesterday, bringing the Port of Savannah's total to 26, more than any other terminal in the U.S.   "For customers, it means the capacity to move up to a thousand containers per hour across a single dock at


ABB to Power Emission-free Electric Ferries

Conversion of the Tycho Brahe and Aurora ferries to battery operation is an essential part of our environmental strategy to reduce emissions Photo ABB

ABB’s project to convert two HH Ferries’ vessels into the world’s largest emission-free ferries is gathering pace after Öresund Dry Docks was selected to carry out the work. M/F Tycho Brahe and M/F Aurora will both be fitted with 4


[Op/Ed] WRDA: Dredging up Progress

© alexmma1 / Adobe Stock

Digging out the small ports and harbors that serve as the on-ramps to the maritime super highway is important work.   We support the WRDA language that makes our water commerce system work productively. The Presidentially-appointed Mississippi River Commission in its public meetings


Japan to Overtake Korea in Global Shipbuilding

Photo: DSME

 Japanese shipyards are on the verge of overtaking Korean shipyards in remaining order backlogs and market share, reports Business Korea.   South Korean and Japanese shipbuilders recorded a backlog of 20.46 million CGT and 20.06 million CGT early this month, respectively


Shipping Traffic Resumes in Bosphorus Strait

Turkeys Bosphorus Strait (CREDIT: AdobeStock 106467797)

Traffic in Turkey's Bosphorus Strait, an important international shipping lane for oil and grain, resumed on Thursday after a brief suspension triggered by a bulk carrier suffering an engine malfunction, shipping agent GAC said. GAC said the Marshall Islands-flagged, 225-metre vessel






 
rss feeds | archive | privacy | history | articles | contributors | top news | contact us | about us | copyright