China Shipyard to Build New Sematech Container Ships

MarineLink.com
Thursday, July 18, 2013
Company vessel: Image courtesy of Simatech Shipping

UAE-based Simatech Shipping has inked its first containership order after 8 years for up to four 4,350-TEU wide beam boxships with China‘s Taizhou Kouan Shipbuilding.

The deal for the two firm orders and two optional vessels for delivery from the second half of 2015, marks a shift into a larger size of boxship for Simatech.

Simatech chairman and chief executive Mohammad Maghami says the ships will be used in its existing China-India Services “the saving in bunker consumption was the main reason for choosing this new design ships despite the good number of post-panamax ships that are available in the market,” he said.

The growth of Simatech ‘s owned fleet, which now comprises 10 vessels from 1,200 TEU, reflects an aggressive regional expansion. Simatech is also hooking up with Evergreen and NYK to start a new service linking India, Bangladesh and Pakistan. The weekly run will use four 1,700-teu vessels, including the 1,740-teu Hansa Nordburg (built 2002) and 1,608-teu Eleni I (built 1996). This pair has been chartered for five months at between $6,700 and $7,250 per day.

Simatech surpassed the one million teu mark last year and is expanding its operation on the east coast of Africa as well. It is preparing to deploy a second feeder vessel on its Jebel Ali-Mogadishu feeder service launched earlier this year “to support the further development of the Somalian economy”.

Simatech say they are also developing a modern container terminal in Mogadishu and plans to set up a merchant marine academy in the Somalian Capital to train seafarers.

More than twenty years since inception, Simatech now employs more than 200 highly qualified staff in their offices in UAE, Singapore, India, Somalia, and North America, as well as operating more than sixteen vessels in sixteen different destinations within the Gulf, the Indian Sub-Continent, Far East and East Africa. Noted for having moved over 1,000,000 TEUs in 2012, Simatech remains one of the most dynamic feeder operators in the region.

Maritime Reporter April 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Shipbuilding

Alaska, Washington to build Arctic Icebreakers

Senator Lisa Murkowski, Alaska, and Senator Maria Cantwell, Washington, have introduced a bill that would authorize the Navy to build up six icebreakers for use by the U.

Launch of First Future Destroyer, Hobart

Speech delivered by the Minister for Defence, Kevin Andrews during the launch of Hobart - the first future destroyer: Thank you for being here on this very important day.

Fincantieri Invests In Camper & Nicholsons

Fincantieri has signed an agreement for the acquisition of a minority stake via capital injection in Camper & Nicholsons International (Camper & Nicholsons), the

Middle East

WFP: Aid Cargo for Yemen will be Delivered After Ship Docks

The World Food Programme will deliver a cargo of Iranian aid for Yemen once the ship carrying it reaches Djibouti's port, the U.N agency said on Friday. Earlier

Iran Aid Ship Reaches Djibouti Waters, Waits to Enter Port

An Iranian aid ship has reached the outskirts of Djibouti's port and is waiting for a permit to enter after Tehran agreed to an international inspection of the vessel with goods for Yemen,

Italy: 900 Migrants Rescued at Sea, One Dead

More than 900 migrants were rescued in one day from three overcrowded boats en route to Europe from North Africa, an Italian coast guard official said on Thursday.

 
 
Maritime Careers / Shipboard Positions Maritime Security Navigation Pipelines Pod Propulsion Salvage Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1793 sec (6 req/sec)