Ckhy Alliance News

The Port of Hamburg receives the first of a total of eight 13,380-TEU COSCO newbuildings at HHLA’s Container Terminal Tollerort. Delivered at the end of February, the completed containership Cosco Belgium  will berth in Hamburg on April 11. Operating under the Hong Kong flag, this ULCC is 366 meters long, 51 meters wide and when fully loaded has a draft of 15.5 meters. She is the first of altogether eight 13,380 TEU (20-feet standard container) vessels ordered by Cosco from the Chinese NACKS shipyard in April 2008.

Container service reliability reached a new high in the final quarter of 2011 with an on-time average of 69% across all the trades covered by Drewry’s Schedule Reliability Insight report, just published. The latest result was up by 6 percentage points over the previous quarter, meaning that schedule reliability has improved for three consecutive quarters, a feat only equalled once before between 4Q08 and 2Q09. Despite the positive results, the report points out that when the previous record of 68% was set in the second quarter of 2009 there followed a sharp deterioration in reliability.