Marine Link
Saturday, April 20, 2024
SUBSCRIBE

China Shipping Container Line News

25 Jan 2016

Colombo Port Boosts Volumes

The Chinese-built Colombo International Container Terminals (CICT), which opened for business in 2014, has made significant gains in container handling last year surpassing 1.5 million TEUs, according to local media. The Terminal has set a record in 2015 with handling 1.561 million TEUs representing 1.57 percent increase over the year before and 67 percent of this volume is from ULCC (Ultra Large Container Carrier) and VLCC (Very large Container Carrier) segments. CICT is the first and currently the only deep water terminal in South Asia equipped with facilities to handle the largest vessels afloat. "The CICT-run “South Terminal” is making the right kind of waves, raking it in for Colombo port like never before and transforming Sri Lanka into a regional shipping hub," say local newspapers.

11 Dec 2015

G6 Alliance to Maintain Service Structure through 2016

Photo: NOL

Container shippers of the G6 alliance intend to maintain current service structure and operate as aligned through 2016, following news of CMA-CGM’s potential takeover of Neptune Orient Lines (NOL) announced earlier this week. Singapore-based NOL, parent company G6 member APL, said it will continue to operate as normal as its acquisition remains subject to regulatory approvals expected in the later part of next year. Other G6 Alliance members include Hapag-Lloyd, Hyundai Merchant Marine, Mitsui O.S.K. Lines (MOL), Nippon Yusen Kaisha (NYK) and Orient Overseas Container Line (OOCL).

19 Apr 2015

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. The chances of mergers between China Ocean Shipping, China Shipping Container Lines, Sino Trans & CSC Holdings and China Merchants Group  has improved as they now suffer in a lackluster business climate, the Chinese-language Securities Daily reports. COSCO Shipping and China Shipping Container Line (CSCL) , which control 80 per cent of the Asian country’s domestic shipping market between them, have already agreed to operate together on China’s domestic routes. If the two carriers, both of which are owned by the state, do merge, it would create a box carrier with 1.3 million TEUs of capacity.

30 Mar 2015

Ocean 3 launched at the AGCT, Rijeka

China Shipping Container Line’s (CSCL) Xin Qin Huang Dao recently made its maiden call at the Adriatic Gate Container Terminal (AGCT), International Container Terminal Services, Inc.’s (ICTSI) container handling facility in the Port of Rijeka, Croatia, which marked the launch of a service of the Ocean 3 alliance, connecting Rijeka and other European ports to Asia and North America. The vessel arrived at the AGCT last 18 February and is deployed to Ocean 3’s Phoex / AMX8 / AMC4 weekly service. In September 2014, shipping lines CMA CGM, CSCL and United Arab Shipping Co. formed the Ocean 3 alliance to optimize and consolidate several of their services routes between Asia and Europe, and Asia and North America.

27 Mar 2015

APM Terminals Mumbai Welcomes China Shipping

APM Terminals Mumbai welcomed China Shipping Container Line’s HS Paris on March 20th, on her maiden call as part of the Middle East-Indian Subcontinent-North America (MINA) Service, jointly operated by the United Arab Shipping Company, Hanjin Shipping, CMA CGM and China Shipping. The 6,500 TEU capacity HS Paris completed 1,292 import and export moves in approximately 12 hours, for a berth productivity of 106 moves per hour. The MINA Service operates on fixed-day weekly sailing linking KhorFakkan, Jebel Ali, Port Qasim, Nhava Sheva (APM Terminals Mumbai), Mundra, Jeddah, Port Said East, Livorno, La Spezia, Genoa, Fos, Barcelona, Valencia, Tangier, New York, Norfolk, Savannah and Miami.

12 Jan 2015

Great Ships of 2014: CSCL Globe - world’s largest containership

  1312 ft. long 19,000 TEU 69,720 kW Photos: HHI

Hyundai Heavy Industries Co., Ltd. (HHI) has built and delivered the world’s largest containership, the first of five 19,000 TEU containerships ordered from China Shipping Container Lines (CSCL) in May 2013. The first containership in the series was named CSCL Globe, and it measures 1312.3 ft. (400 m) x 192.3 ft. (58.6 m) wide with a 100 ft. (30.5 m) depth. It will be deployed on the Asia-Europe trade loop. The CSCL Globe will feature a Hyundai-B&W 12S90ME-C9.2 electrically controlled engine with MCR of 69…

24 Oct 2013

Maersk & New Containership Economics 101

(Images courtesy Maersk)

Capacity management is firmly on the minds of Maersk executives as the largest container ships in the world steam into service. Photographs of Maersk Line’s 18,000 TEU ships are flooding in from ports around the world as the carrier phases its giant new vessels phase into the AE10 string between Asia and North Europe. It’s a “Where’s Waldo” with maritime characteristics. Shanghai, Ningbo, Yantian, Hong Kong, Tanjung Pelepas, Rotterdam, Aarhus, Gdansk – the giant Triple-E Class…

11 Mar 2010

Ocean Carriers, Others Pay Penalties

The Federal Maritime Commission announced four compromise agreements in which an ocean carrier and intermediaries agreed to pay a total of $625,000 in civil penalties for alleged violations of the Shipping Act of 1984. The agreements were reached with a vessel-operating common carrier (VOCC) and three ocean transportation intermediaries (OTIs). The agreed penalties resulted from investigations conducted by the Commission's Area Representatives in Los Angeles, Seattle, South Florida, and Washington, D.C. Staff attorneys with the Bureau of Enforcement negotiated the compromise agreements. The parties settled and paid penalties, but did not admit to violations of the Act or the Commission's regulations. Federal Maritime Commission Chairman Richard A. Lidinsky, Jr.

24 Jul 2009

Hamburg New Joint Service

The handling of the Xin Hong Kong at the Eurogate Container Terminal Hamburg (CTH) on 17 July 2009 marked the start of a new weekly container line service that links northern Europe with the Far East. Under the auspices of the new joint service the Chinese company China Shipping Container Line (CSCL) and the Taiwan-based Evergreen Line are cooperating in these waters for the first time. The new AEX-1 / CEM service will be using four CSCL ships, each with a capacity of 9,600 TEUs, and four Evergreen vessels with a capacity between 7,000 and 8,000 TEUs.

25 Jun 2007

GL Celebrates Anniversary in Dalian

"Asia's remarkable economic development offers a great platform for the maritime industry," said Dr. Hermann J. Klein, Member of the Executive Board Germanischer Lloyd, at the society's 140th anniversary dinner taking place in Dalian. The important and strongly developed industrial North East China area was chosen to celebrate GL's jubilee together with representatives of the shipowners, shipyards, supply industry and administrations of the maritime arena. As a technical supervisory organization with a global network, the society is responsible for the technical safety of more than 6,100 ships with over 66 million GT. 124 flag states - amongst others Hongkong / China - to perform statutory duties.

Subscribe for
Maritime Reporter E-News

Maritime Reporter E-News is the maritime industry's largest circulation and most authoritative ENews Service, delivered to your Email five times per week