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

China Shipbuilders may Merge to Stay Afloat

The China's four state-run shipping-related companies  are reportedly in the initial phases of combining units in order to beef up the national shipbuilding industry, says local media.

Chevron Hires Norce Endeavour for Thailand Ops

Solstad Offshore ASA (SOFF) has fixed the 2011-built 18,000 dwt crane barge Norce Endeavour to Chevron for work in Thailand next year for around 200 days.   Solstad

Taiwan's Yang Ming Marine to Add Bigger Vessels to its Fleet

Yang Ming Marine Transport Corporation, Taiwnanese global shipping and logistics services company,  will take delivery of 14 large-sized ships over the next two years,

Middle East

Tanker Lifts One Million Barrels of Crude at Hariga

A tanker left Libya's eastern oil port of Hariga after lifting one million barrels of crude, an oil official said on Thursday. No new tanker was expected in the next few days,

Cargo Ships Stuck off Yemen as Fighting Worsens Food Security

At least five merchant vessels carrying food are stuck off Yemen as warships from a Saudi-led coalition search them for weapons bound for Iran-allied Houthi rebel forces,

Intermarine Opens Istanbul Office

Intermarine, LLC, a transporter of project, breakbulk and heavy lift cargo, has established a physical presence in Turkey with the opening of an office in Istanbul.

 
 
Maritime Security Maritime Standards Naval Architecture Offshore Oil Pod Propulsion Port Authority Salvage Ship Electronics Ship Repair Shipbuilding / Vessel Construction
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: 0.1999 sec (5 req/sec)