Wan Hai Lines News

Lloyd’s Register Maritime Decarbonisation Hub and the Maritime and Port Authority of Singapore (MPA) have signed a Memorandum of Understanding (MoU) aimed at collaborating on a fleet-specific decarbonisation strategy for ‘The Silk Alliance’ cross-industry initiative to enable zero-emission shipping across the Indian and Pacific Oceans.The collaboration includes driving investments into scalable fuel supply infrastructure to meet the demand of members of The Silk Alliance and potential wider regional bunkering demands for alternative fuels.Launched in May 2022…

On January 6, the Federal Maritime Commission announced an “Order of Investigation and Hearing” against Wan Hai Lines, Ltd, a vessel-operated common carrier (VOCC). The order charges that Wan Hai failed to “establish, observe, and enforce just and reasonable regulations and practices relating to its assessment of charges on containers when return locations with corresponding appointments were unavailable.”For FMC, a core issue is that some companies may be taking advantage of U.S. port congestion because established VOCC-truck operations are not working.

VesselsValue's head cargo analyst, Olivia Watkins, has compiled a list of the world's top ship owning nations ranked by total fleet value.ChinaChina has moved up from second in January to firs place this time, owning a total of $191 billion in assets.China owns the largest number of containerships and, consequently, the recent surge in rates and values has moved them up the ranks to top spot in terms of fleet value. The increase in rates has also prompted an ordering spree across the container sector, as owners’ confidence in the market exploded.

MacGregor, part of Cargotec, has secured an order to supply hatch covers for 12 new 3,055 TEU containerships. The ships will be built by Japan Marine United (JMU) for the Taiwanese shipping company Wan Hai Lines. Scope of supply includes design and key components, fabrication and delivery of hatch covers to JMU.The order is booked into Cargotec's fourth quarter 2021 order intake, with deliveries planned to commence during the fourth quarter of 2022 and completed during the first…

Taiwanese shipping company Wan Hai Lines announced the enhancement of its Japan service coverage.With effect from early April 2019, the company shall upgrade its existing New Super 1 service and also extend one of its existing Japan Kanto service to cover Malaysia, the provider of full-containerized shipping service said in a press note.Upgrade existing New Super 1 service(NS1) to Panamax vessel size: The service will maintain 4 vessel deployment with WHL deploying 2 x 4250Teu vessels, while IAL and OOCL deploys 1 vessel each. The service adjustment is expected to take effect on 11th April, eta Hong Kong.The service rotation covers…

The Port of Manila decongested its yard space by removing some overstaying containers said a port representative.The collaborative synergy between Asian Terminals Inc. (ATI), port authorities and international shipping lines has yielded positive gains in significantly freeing up yard space and further easing cargo flows at the international gateway port Manila South Harbor.As of March 4, yard utilization at Manila South Harbor has reached optimal levels at 65 percent from high 90s in preceding weeks, owing largely to concrete steps taken by its stakeholders, the cooperation of importers and the support of the Bureau of Customs (BOC) and the Philippine Ports Authority (PPA).In mid-February…

Taiwanese container carrier Wan Hai Lines confirmed an order of 20 container vessels with Japan Marine United Corporation (JMU) and Guangzhou Wenchong Shipyard (GWS) and China Shipbuilding Trading Company (CSTC).During the contract signing ceremony that was held at Wan Hai Lines’ Taipei headquarter on 12th November 2018, the Taiwan's shipping company said that the new order was part of its fleet improvement plan.The contract includes eight 3036Teu container vessels with JMU and twelve 2038Teu container vessels with GWS /CSTC, it said in a press release.At the same time, Wan Hai has the option to declare an additional four 3036Teu vessels within 6 months and four 2038Teu vessels within 3 months.

Taiwan shipping company Wan Hai Lines has joined INTTRA, the neutral network, software and information provider at the center of the ocean industry. This addition means INTTRA is now working with the top 12 carriers, said the company.Wan Hai is one of the top intra-Asia carriers based on market share, with that segment representing the largest containerized trade in the world. In addition to offering extensive service network in Asia, Wan Hai has expanded to the U.S., South America, Africa and the Middle East in recent years. It will now be able to offer customers a full range of solutions through INTTRA’s network, including booking…

Diana Containerships announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Wan Hai Lines (Singapore) Pte Ltd. for one of its Post-Panamax container vessels, the m/v Rotterdam. The global shipping company specializing in the ownership of containerships said in a press release that the gross charter rate is US$18,200 per day, minus a 3.75% commission paid to third parties, for a period of up to minimum April 15, 2019 to maximum July 15, 2019. The charter will commence on July 13, 2018. The m/v Rotterdam is currently chartered, as previously announced, at a gross charter rate of US$13,150 per day, minus a 3.75% commission paid to third parties. The “Rotterdam” is a 6,494 TEU container vessel built in 2008.

Taiwan's global shipping company Wan Hai Lines has announced the launch of China – India Service III “CI3 service” on 23 January 2018. This new service will help to expand Wan Hai Lines network by providing direct service from East China to East India. A press release from the company said that the service will also help to complement Wan Hai Lines existing two other East India services with better port coverage and frequency. This service will be jointly operated with COSCO, IAL, OOCL and X-Press Feeders by using 5 vessels with nominal capacity of 4,250 TEU. Wan Hai Lines will deploy 2 vessels, while COSCO and IAL will operate 1 vessel each, OOCL and X-Press Feeders will operate 1 vessel jointly.

Diana Containerships Inc. (NASDAQ: DCIX), has, through a separate wholly-owned subsidiary, entered into a time charter contract with Wan Hai Lines (Singapore) Pte Ltd. for one of its Post-Panamax container vessels, the m/v Rotterdam. The gross charter rate is $13,150 per day, minus a 3.75% commission paid to third parties, for a period of minimum one hundred twenty (120) days to maximum one hundred seventy (170) days. The charter is expected to commence on January 26, 2018. The m/v Rotterdam is currently chartered, as previously announced, to CMA CGM, Marseille, at a gross charter rate of US$6,890 per day, minus a 3.5% commission paid to third parties. The “Rotterdam” is a 6,494 TEU container vessel built in 2008.

Diana Containerships announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Wan Hai Lines (Singapore) for one of its Post-Panamax container vessels, the m/v Hamburg. The global shipping company specializing in the ownership of containerships said in a press release that the gross charter rate is US$11,000 per day, minus a 3.75% commission paid to third parties, for a period of minimum 120 days to maximum 220 days. The charter commenced on December 01, 2017. The m/v Hamburg was previously chartered to CMA CGM, Marseille, at a gross charter rate of US$6,700 per day, minus a 3.5% commission paid to third parties. The “Hamburg” is a 6,494 TEU container vessel built in 2009.

Wan Hai Lines has announced its plan to expand the service network on China-Vietnam/Thailand corridors in July, by restructuring China-Vietnam-Thailand (CVT service) and cooperating with COSCO Container Lines with a new joint N.PRC-Thailand service (CT1) and securing slots on COSCO’s E.PRC-Thailand service. Wan Hai Lines’ independent CVT service will be restructured with effect from 10th July 2017, and turn into a China-Vietnam express dedicated service (CV1 service) with three vessels of 1,200 TEU intakes, which covers Shanghai – Qingdao – Xiamen – Hong Kong – Shekou – Da Nang – Hochiminh – Shekou – Shanghai. The new joint service with COSCO, to be named CT1 by WHL, will deploy three vessels with intake of 2,100 TEU.

The Maritime and Port Authority of Singapore (MPA) continues to coordinate the containment and clean-up efforts of the oil spillage in Singapore’s waters following the collision of container vessels Wan Hai 301 and APL Denver. As of 5 January 2016, a total of 17 vessels and 222 personnel have been deployed. Progress of the clean-up is being made along the western coastlines of Pulau Ubin (OBS Jetty) and Nenas Channel. Some patches of oil were spotted off CAFHI Jetty and also along the shorelines of Pasir Ris Beach, Changi Point Ferry Terminal, Changi Sailing Club and Changi Beach in the early hours of the morning. Contractors were deployed to clean up the affected shorelines.

Nearly 300 tonnes of oil spilled into the narrow strait separating Singapore and Malaysia after a collision between two container vessels, the Singapore Marine Port Authority (MPA) said on Wednesday. There were no reports of injuries and 12 anti-pollution craft had been sent to clean up the mid-sized oil spill, the MPA said in a statement. "Traffic in the East Johor Straits and Singapore's port operations remains unaffected", it said, adding that the spill had been contained off the western side of Singapore's Pulau Ubin island. The spill was caused by damage to the fuel tank of the container vessel APL Denver after a collsion with the WAN HAI 301 off Pasir Gudang Port in Johor, Malaysia late on Tuesday.

Taiwan's Wan Hai Lines Ltd will expand further on its already extensive south-east Asia network by joining Thailand-Belawan Service (also known as TBS) on 7th of January 2017, to provide a direct service from Thailand to Belawan.   The service will be jointly operated with "K" Line, by using 2 vessels with effective capacity of 1,400 TEU. Wan Hai and "K" Line will deploy one vessel each.    TBS service will be a 14-day fixed round trip schedule, the port rotation will be: Bangkok – Laem Chabang – Singapore – Port Klang North Port – Belawan – Singapore – Laem Chabang – Bangkok.   Wan Hai Lines is confident that the new service will provide customers with better frequency and service coverage in south-east Asia sections.

Taiwan's shipping lines aren't looking quite so young and fresh as they were earlier, reports Bloomberg. While the global container industry has embarked on a spree of pairings and menages-a-trois over the past 12 months, Taiwan's shipping lines have remained proudly single. Taiwan's major three -  Evergreen Marine Corp., Yang Ming Marine Transport Corp. and Wan Hai Lines Ltd. - have kept aloof from the fray. Taiwan has offered its main container shipping lines a relief package to keep them afloat amid worst-ever trading conditions. Taiwan's transportation ministry has offered Evergreen Marine and Yang Ming Marine Transport, the main shipping conglomerates, a US$1.9bn relief package including a credit line with preferential interest rates.

A Transpacific shipping route linking Asia and the U.S. will add weekly Port of Oakland stops beginning in November. The Port said that  Oakland will become the sixth stop in the service operated by three Asian shipping lines. The service, known as the Calco-C, connects ports in Vietnam, China and California. It’s expected to bring an additional 50 vessel arrivals to Oakland annually. That could increase Oakland cargo volume by as much as 30,000 20-foot-containers a year. The Port handled the equivalent of 2.28 million 20-foot containers last year. Volume growth could lead to more cargo-handling jobs in Oakland, the Port said. “For the benefit of our customers and our community we’re pleased to be joining this service,” said Maritime Director John Driscoll.

Taiwan’s shipping company Wan Hai Lines has placed an order for eight 1,900 teu box ships worth a total of $212 million - $236 million. Wan Hai said that the vessels will be built by shipbuilder Naikai Zosen Corp. Delivery dates for the newbuildings were not disclosed, according to a stock exchange filing. The shipping liner has already sealed a deal with Japan’s Kawasaki Kisen Kaisha (“K”Line) and Singapore’s Pacific International Lines (PIL) to jointly operate a transpacific service from Vietnam and South PRC to the U. S. Pacific South West with seven ships of about 8,000 TEUs. It has  recently announced the launch of Japan – India / Pakistan Service “CHS3 service”.

China’s National Development and Reform Commission (NDRC) said Japan’s Kawasaki Kisen Kaisha (K Line), South Korea’s Hanjin Shipping, Hyundai Merchant Marine (HMM), Taiwan’s Evergreen, Wan Hai Lines, Yang Ming, China Shipping Container Lines (CSCL) and others  have notified of their initiatives to reduce various shipping surcharges in China. Reuters quotes a statement by the NDRC comes after China’s cabinet last month said it was probing shipping firms over allegations that they have been levying arbitrary and excessive charges. The shipping lines will lower various charges ranging from port fee, bill of lading fee, signing and cancellation fees, vessel licence fee, documentation fee, among others. NDRC said the companies are expected to implement the reduced surcharges from 15 October.

Asian shipping lines including Japan's Kawasaki Kisen Kaisha and China Shipping Container Lines have voluntarily lowered shipping surcharges, the country's top economic planner said on Monday. The statement by the National Development and Reform Commission (NDRC) comes after China's cabinet last month said it was probing shipping firms over allegations that they have been levying arbitrary and excessive charges. The NDRC said Korea's Hanjin Shipping and Hyundai Merchant Marine as well as Taiwan's Evergreen Marine, Wan Hai Lines and Yang Ming Marine Transport Corp were among firms the firms reducing their surcharges. Japan's Nippon Yusen KK had adjusted its fees on Sept. 15, it added.

Asian container operator Wan Hai Lines Ltd sees 2014 profit jump as revenue grows faster than costs. The Taiwanese container carrier recorded a profit of TWD5.32 billion (USD170 million) for 2014, soaring 158% from a profit of TWD2.13 billion in 2013. The carrier's earnings per share also rocketed by 147% to TWD2.37 from TWD0.96 a year ago, and its revenue totaled TWD67 billion in 2014, up 12% year on year (y/y). The company is aiming to raise its annual sales to NT$70 billion (US$2.23 billion) this year, an increase of 4.5 percent from last year. Currently, the carrier operates a fleet of 72 vessels. Taiwan's third-largest container shipping company in terms of fleet size is banking on an expansion of the scale of its fleet to make a successful comeback to the US market in May…

NAPA and ClassNK announced a deal with Kawasaki Kisen Kaisha Ltd. (K Line) to install an eco-efficiency and operational optimization solution, ClassNK-NAPA GREEN, on three additional vessels. The vessels will be fitted with the software in June 2015 after the ClassNK-NAPA GREEN suite of systems proved itself on a trial installation early in 2014. The self-learning component of ClassNK-NAPA GREEN, the dynamic performance model was also found to be accurate during the same trial.