Evergreen to order 20 ships in 10 years

Monday, March 20, 2006
Evergreen Marine plans to order at least 20 container ships in the next 10 years to replace existing vessels, according to a Bloomburg report. Purchases of the ships, each able to carry 7,000 20-foot containers, will be open to bids, according to the repot. Prices for ships of this size have risen to $100 million per from $70 million three years ago. A boom in transporting manufactured goods from China and carrying raw materials to the country has fueled demand for new ships. (Source: Bloomberg)

Container Ships

BG Freight Line Orders Four Containerships

BG Freight Line, a fully owned subsidiary of Peel Ports Group, is to receive new tailor-made short sea container feeder vessels optimized for the company’s Irish Sea Hub services.

Mobile Crane for ICTSI Congo

Matadi Gateway Terminal (MGT), the new container and general cargo terminal on the Congo River, DR Congo, has received the first of two new mobile cranes scheduled to go into service at the terminal.

NordLB to Shed Shipping Loans to KKR

German state-owned lender NordLB and KKR Credit said they had reached an agreement by which KKR Credit will acquire a $1.5 billion portfolio of shipping loans from

LNG

China Receives First American LNG Cargo

The first cargo of US liquefied natural gas (LNG) to target the world’s largest energy consumer arrived Monday at the Chinese port of Yantian in Shenzhen near Hong Kong.

Pakistan Mulls Second LNG Import Terminal

BW Group (BW) has signed a 15-year agreement with Pakistan GasPort Limited (PGPL) to provide LNG regasification services utilizing a new-build Floating Storage

A Shipyard Grows in Trinidad & Tobago

Spurred by Panama Canal Expansion and U.S. LNG Export, $500 Million Shipyard Projects Starts   As Trinidad and Tobago seeks to diversify its economy, it is banking

 
 
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