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Dry Container

Rate Increase, Transatlantic Trade

As a result of market instability in the transatlantic trade, Maersk Line is announcing the following general rate increase, effective 1 April 2009. The filed increases are as follows between Northern Europe and the East Coast and Gulf Coast of North America: •    $160 per 20 ft dry container •    $220 per 40 ft container/high cube/45 ft container/reefer The filed increases are as follows between Northern Europe and the West Coast of North America: •    $200 per 20 ft dry container •    $300 per 40 ft container/high cube/45 ft container/reefer  The increases apply equally to all Eastbound and Westbound cargo moving between the US & Canada and Northern Europe.


Crowley Continues Fleet Upgrade

Photo: Crowley

Crowley receives of new containers and related equipment as part of $32.7 million fleet optimization investment    Crowley Maritime Corp. is continuing to receive and place into service $32.7 million worth of new cargo carrying equipment. The latest additions include 325, 20-foot chassis and 440 generator sets (gensets) all of which should be received by the end of April and 600, 53-foot (102-inch wide) dry containers along with 400, 53-foot chassis


Crowley Adds 400 Refrigerated Containers

Photo courtesy Crowley Maritime Corporation

As produce farmers across the Americas gear up for the peak winter produce season, Crowley has added 400 new refrigerated containers to its fleet to accommodate their needs. The 40-ft containers were delivered last week at Puerto Limon in Costa Rica and will be distributed throughout the Central American countries Crowley serves within the next couple of weeks. The state-of-the-art units were purchased to accommodate future growth and to replace older units


Box Prices Rise for the First Time in 2 Years

Photo: Drewry

Drewry’s latest Container Equipment Insight, exclusive to subscribers of Drewry’s Container Leasing and Container Census reports, saw prices for new dry freight containers increase in the opening months of 2014 for the first time in two years. Standard box prices declined gradually throughout 2013, falling by late in the year to their lowest point since 2009, and they have so far barely managed to recover 10% by April 2014


Crowley Acquires 4,300 Pieces of Liner Equipment

Photo: Crowley

In response to continuing high customer demand, Crowley Maritime Corporation’s liner services group has placed orders for additional equipment, including hundreds of new chassis and containers for use in the company’s U.S., Puerto Rico, Caribbean and Central America trade lanes. This latest equipment acquisition includes nearly 400 gensets – both nosemounts and underslungs – which will begin arriving in Jacksonville between July and September


NYK Holds 10th Environmental Management Conference

Conference in Progress Photo NYK

On November 30 at NYK’s 10th annual Environmental Management Conference in Tokyo, Asahi Unyu Kaisha Ltd. (head office: Aichi; president and CEO: Toshiya Kozawa) and the GENEQ Corporation (head office: Fukuoka; president: Keiji Ushiyama) were selected from among 33 domestic NYK Group companies for recognition of environmental activities that resulted in the improvement of company value.   NYK holds this conference once a year with NYK Group companies to share information on


Maersk Line to Increase US Gulf/WCSA Freight Rate

Photo courtesy of Maersk Line

Maersk Line informs its customers it will be implementing a General Rate Increase (GRI) for dry cargo shipments from Houston, TX and New Orleans, LA to West Coast South America. All dry cargo shipments loading from Houston, TX and New Orleans, LA to Chile, Colombia, Peru, Ecuador and Bolivia will be increased by the following amounts and scope, with an effective date of September 16, 2013:     •    USD 150 per 20’ container


National Strike at French Ports

Workers at French ports embarked on a national strike starting at 6 a.m. local time today, February 12. The strike, which affects most public terminals but not private ones, will likely last 24 hours. Fos/Lavera - Port workers stopped work 12/0600 (probably until 13/0600) at Fos/Lavera oil terminals (not fully privatized). Dry bulk and containers terminals must be affected too (dockers). Le Havre - Private terminals (CIM/Antifer – crude oil and product cargoes) not affected/ Dry


Container Census & Container Equipment Insight Publication

Frontispiece: Image DMR

Described by publishers Drewry Maritime Research as the definitive Annual enhanced with quarterly updates released in July, October, January and April. Key areas of analysis in the Annual include:     •    Development of the global container fleet     •    Forecasted supply and manufacturing levels of new containers     •    Fleet ownership profiles, including geographical analysis


Slower China Growth Hurts Global Shipping Sector: Fitch

Image: China Ocean Shipping Company

 China's slower growth and economic transition will pose significant risks for the already struggling shipping sector, rating agency Fitch said.   The shipping sector is already faces overcapacity, weak freight rates and stretched financials.   "Weaker data on exports and manufacturing in China and its economic transition increase uncertainty for container shipping," said Fitch in a report.  


Antwerp Port Container Freight Up by 2.5%

Photo: Port of Antwerp

 The port of Antwerp handled 111,385,518 tonnes of freight during the first six months of this year, 2.8% more than in the same period last year.    Container freight once more performed well after a number of exceptional years, with an increase of 2.5% in terms of tonnage and 1


Rotterdam Port Throughput Up by 3.9%

Photo: Kees Torn, Port of Rotterdam

 With an increase in throughput of 3.9%, the port of Rotterdam can look back a good first half year. There was growth in eight of the ten market segments. The only falls were in the volumes of mineral oil products and other liquid bulk.   


USS Constitution Refloated

Photo: United States Navy

 After a two-year restoration at historic Dry Dock 1 at Charlestown Navy Yard, Boston National Historical Park, America's oldest commissioned warship, USS Constitution was refloated July 23.   Since entering dry dock on May 18, 2015


CMA CGM Signs Pact with Port of Kribi

Photo: CMA CGM

The CMA CGM Group is pleased to announce that on July 25, 2017, the official signing ceremony for the concession agreement of the new container terminal was held in Kribi, Cameroon, chaired by the Minister for Transport, Edgar Alain Mébé Ngo’o.  


Global Shipping Feels Fallout from Maersk Cyber Attack

Photo: A.P. Moller - Maersk

Global shipping is still feeling the effects of a cyber attack that hit A.P. Moller-Maersk two days ago, showing the scale of the damage a computer virus can unleash on the technology dependent and inter-connected industry.   About 90 percent of world trade is transported by sea


Japan Investigators Unlikely to be Granted Access to Fitzgerald Crew

The USS Fitzgerald is shown being assisted back to port after a deadly collision (CREDIT: USN / K Weierman

The United States will likely bar Japanese investigators from interviewing USS Fitzgerald crew manning the guided missile destroyer when it was struck by a cargo ship in Japanese waters killing seven American sailors, a U.S. navy official said.  


K Line, MOL, NYK Announce Container Business Merger

Containership MOL Commitment. Photo: Mitsui O.S.K. Lines

Kawasaki Kisen Kaisha (K Line), Mitsui O.S.K. Lines (MOL) and Nippon Yusen Kabushiki Kaisha (NYK)  announced the establishment of a holding company and an operating company, for the integration of the three companies' container shipping businesses


COSCO Records H1 Profit on Improving Market

File Image (CREDIT: AdobeStock / (c) Marina Ignatova)

COSCO Shipping Holdings expects to post a profit of around 1.85 billion yuan ($272 million) in the first half, helped by an improving shipping market.   The world's fourth-largest container shipping line made the forecast in a stock market statement on Thursday. It recorded a loss of 7


US Navy Temporarily Relieves Commander of Stricken Warship

(U.S. Navy photo by Peter Burghart)

The U.S. Navy on Tuesday said on Tuesday it has temporarily relieved, for medical reasons, the commander of a warship involved in a crash with a container vessel in Japanese waters that killed seven American sailors. The collision between the guided missile destroyer USS Fitzgerald and the


JNPT Registers 5.11% Growth in Container Traffic

Photo: Jawaharlal Nehru Port Trust (JNPT)

 India's largest container port Jawaharlal Nehru Port Trust (JNPT)registered a growth of 5.11 per cent in container traffic in the first quarter of 2017-18.   According to a press statement, the JNPT handled 1.20 million TEUs in the first quarter of the current financial year as


APM Terminals Mumbai Adds New Arabian Gulf/Mediterranean Direct Service

Photo: APM Terminals Mumbai

 French based CMA-CGM, a member of the Ocean Alliance, began the new INDIAMED service to Mumbai with the arrival of the 5,009 TEU capacity CMA CGM Virginia at APM Terminals Mumbai.    The service, linking South Asia with ports in the Arabian Gulf and Mediterranean


SC Ports Reports Record Volume in FY2017

Wando Welch Terminal. Photo: South Carolina Ports Authority

 South Carolina Ports Authority moved a record 2.14 million twenty-foot equivalent units in fiscal year 2017, an increase of 10 percent over the previous year’s container volumes.   Highest-ever June volumes of 183,237 TEUs gave SCPA a strong finish to its fiscal year


Grand Bahama Shipyard Appoints UK Representative

Carnival Glory (Photo: GBS)

Grand Bahama Shipyard and L&R Midland (UK) Ltd have signed an exclusive agency agreement covering the U.K. markets effective June 1, 2017.   Caribbean shipyard Grand Bahama Shipyard (GBS) has engaged L&R Midland (UK) as its representative in the U.K


Diana Time Charter with Maersk and CMA CGM

Photo: Diana Containerships Inc

 Diana Containerships has announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Maersk Line A/S for one of its Post-Panamax container vessels, the m/v Puelo, for a period of minimum eight months to maximum 18 months. 


GOGL Adds Dry Bulk Vessel

Golden Shui. File Photo: Golden Ocean Group Ltd

 Golden Ocean Group (GOGL) says that it has taken delivery of one dry bulk vessel, Q Deb.   "GOGL announced that it has entered into agreements to acquire 16 modern dry bulk vessels in an all-share transaction where the Company will issue in aggregate 17






 
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