Iris Lines News

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.

The London P&I Club took on about a million gross tons of new business at renewal on February 20 this year, bringing its total entry to thirty million gross tons. In all, over the course of the 12 months leading up to renewal, the Club has grown by more than two million gt. In addition, it currently has newbuildings entered for Freight, Demurrage & Defence risks amounting to 2.3m gross tons. Additions included five vessels from Worldwide Shipping, five from Tomasos Bros, and four from Iris Lines. There was also an influx of new business from existing members. Transmed transferred five vessels, Shun Tak fourteen, Gemarfin ten, Fafalios three, and Norland one.