Marine Link
Sunday, October 22, 2017

Grand Alliance

Grand Alliance Enhances Routes

Grand Alliance enhances its Mediterranean-Asia loop M to include port call at Busan Grand Alliance is adjusting its service between the Mediterranean and Asia (EUM) in response to the increasing cargo volume. Busan will be included as a port of call in the service loop, and an additional eighth vessel will be deployed for the service. Ships deployed in EUM will be in an average capacity of approx. 6,500 TEU, replacing the present 4,400 TEU. The enhanced service will begin in week 25 of 2007. EUM will call at Busan, Shanghai, Ningbo, Shekou, Hong Kong, Singapore, Port Kelang, Damietta, Genoa, Barcelona, Fos, Damietta, Singapore and Hong Kong with a transit time of 56 days. The Grand Alliance is an integrated consortium in global container shipping. Its members are Hapag-Lloyd (Germany), MISC Berhad (Malaysia), NYK (Japan) and OOCL (Hong Kong).

Grand Alliance Extends Cooperation for 10 Years

The Grand Alliance, founded in 1998, is an integrated consortium in container liner shipping. Its members are Hapag-Lloyd, MISC Berhad, Malaysia, Nippon Yusen Kaisha (NYK), Japan, and Orient Overseas Container Line (OOCL), Hong Kong. The four member lines have extended their cooperation for ten more years. The member lines of the Grand Alliance are continuing their successful cooperation, and today Adolf Adrion, Executive Board member of Hapag-Lloyd AG, Niels Kim Balling

Grand Alliance Pacific North West Trade

Grand Alliance members Hapag-Lloyd, Nippon Yusen Kaisha (NYK) and Orient Overseas Container Line (OOCL) announced on Feb. 18 that they will cooperate with ZIM in two strings in the trans-Pacific trade, with immediate effect. The scope includes North China and Japan, South China, South East Asia to Canada and US North West Coast (NWX and PNX services). The services will operate on a weekly basis with a round voyage time of 42 days (PNX) and 35 days (NWX) respectively

Grand Alliance, ZIM & HMM Jointly Announce New SCE2 Service

Hapag-Lloyd.gif

Grand Alliance members Hapag-Lloyd (HL), Nippon Yusen Kaisha (NYK) and Orient Overseas Container Line (OOCL), along with Partner ZIM Integrated Shipping Services Ltd (ZIM) are pleased to jointly announce the new co-operation with Hyundai Merchant Marine (HMM) within the Trans-Pacific All Water sector. The South China East Coast Express 2 (SCE2) will be launched on 12th May 2011, in conjunction with the enhancement of the established South China East Coast Express (SCE)

G6 Alliance Plans Expansion

Mitsui O.S.K. Lines, Ltd. (MOL, President: Koichi Muto) , a Member of the G6 Alliance has announced plans to expand their cooperation to the Asia-North America West Coast and Trans-Atlantic trade lanes. The G6 Alliance said the expanded cooperation will provide customers with more service choices and increased sailing frequency. For example, on the Asia-North America West Coast trade, each G6 Alliance member will be able to offer almost twice as many sailings

Casjens to Leave Hapag-Lloyd Board

Günther Casjens, a member of the executive board of Hapag-Lloyd AG, is leaving the company at his own request with effect from March 1, 2004. "I greatly regret the decision, but must accept that Günther Casjens has other plans," stated Michael Behrendt, chairman of the executive board of Hapag-Lloyd AG, adding that he welcomed Mr Casjens' intention to remain linked with the company on an amicable basis. Günther Casjens joined Hapag-Lloyd AG in 1974 and has been a member of the executive

New Mega Containership for Hapag-Lloyd

Tsingtao Express deployed between Europe and Far East Hapag-Lloyd AG has expanded its fleet with another containership. The Tsingtao Express was named in Qingdao, China. It can carry 8,750 standard containers. The Tsingtao Express, named in the Port of Qingdao, is the second newbuilding that Hapag-Lloyd has integrated into its fleet in 2007. Five more vessels will follow until 2008. The Hamburg-based shipping line now has a globally deployed fleet comprising about 140 ships capable of

Survey: Box Carriers Fall Short on Reliability

Despite claims that most containerships operate on fixed-day weekly schedules, over 40% of vessels operated in liner services arrive one or more days late, according to a ground-breaking global survey from Drewry Container Shipper Insight. Drewry Shipping Consultants carried out what it believes is the liner shipping industry’s largest schedule reliability survey, based on the tracking of 3,300 vessel arrivals on 23 different east/west and north/south trade routes

Grand Circle Cruises Buys 'MV Corinthian'

MV Corinthian: Photo courtesy of Grand Circle

Vince Cook, CEO of Grand Circle Cruise Line, informs that the company has acquired the 'M/V Corinthian', a 98-passenger, ocean-going vessel that currently operates in Antarctica.  They had chartered the ship for the past year and intend to expand the Corinthian's operations with the launch of three new small ship cruise itineraries in 2015. The ship was acquired for an undisclosed price from Travel Dynamics International, an operator of educational programs aboard small cruise ships

THE Alliance Beckons HMM

File Photo: Hyundai Merchant Marine

 Hyundai Merchant Marine (HMM) is sailing into the THE Alliance. With the new charter deals  it is now “one step closer to becoming a member of THE Alliance”, from which it was excluded when the mega-alliance was announced last month.   According to  a report in Business Korea, HMM president Lee Baek-hoon met with K Line president and CEO Eizo Murakami in Tokyo to discuss the former’s joining the THE Alliance

BBC Chartering, Jumbo Shipping Team Up in Global Project Alliance

Photo: BBC Chartering

 Two market leaders in their respective fields, Jumbo and BBC Chartering have agreed to an exclusive strategic co-operation; the “GLOBAL PROJECT ALLIANCE”, effective immediately.   This unique co-operation between two family-owned companies brings together established and reputed heavy-lift expertise and massive fleet capacity. The alliance is a mutually-shared aspiration to provide comprehensive solutions to customers on a global scale.  

US Charters Cruise Ship to House Hurricane Relief Workers

Carnival Fascination (Photo by Andy Newman/Carnival Cruise Lines)

 The U.S. government has chartered another commercial cruise liner to serve as a floating hotel for relief workers in the U.S. Virgin Islands in the aftermath of hurricanes Irma and Maria.    Carnival Cruise Line said it reached an agreement with the Federal Emergency Management Agency (FEMA) that will see the 2,052-passenger vessel Carnival Fascination docked in St. Croix to provide housing and meals for relief workers during a four-month charter from October 15 to February 3

A Business Park Made of Shipping Containers

Image: Box Office Warehouse Suites

Container King of Dallas has recently signed a deal with local developer Ron Sturgeon to build 38 innovative, eco-friendly, state-of-the-art commercial spaces made from shipping containers. Box Office Warehouse Suites is due to open in the Alliance commercial real estate area in Texas.    Sturgeon explained the process: "We sandblast them, paint them nice and pretty, bring in a professional design firm, tastefully add paneling, floors, ceilings, windows, and carpeting

International Efforts to Reduce GHG Emissions

Group photo of Mr Andrew Tan, Dr Stefan Micallef, Mr Koh Yong Ping and Mr Claes Berglund with speakers and moderators of the Future Ready Shipping 2017 Conference. Photo: Maritime and Port Authority of Singapore

 Close to 240 maritime leaders and professionals will gather in Singapore to identify priority areas for international action and exchange best practices in maritime technology transfer and capacity building at the Future-Ready Shipping 2017 Conference.    Jointly organised by the Maritime and Port Authority of Singapore (MPA) and the International Maritime Organization (IMO), the conference will take place from 25th to 26th September 2017 at the Grand Copthorne Waterfront

Northwest Seaport Alliance CEO Wolfe Receives 2017 Connie Award

John Wolfe (Photo: The Northwest Seaport Alliance)

John Wolfe, CEO of The Northwest Seaport Alliance, received the 2017 Connie Award presented by the Containerization & Intermodal Institute in Long Beach, Calif., on Tuesday, September 19. Since the formation of the NWSA in August 2015, Wolfe has led the marine cargo operating partnership of the ports of Seattle and Tacoma.   “This is an incredible honor for John and The Northwest Seaport Alliance,” said Tom Albro

CMA CGM Reports Better Result in Q2 2017

Photo: CMA CGM

 CMA CGM  recorded a net income of $219 million on revenues of $5.55 billion for the second quarter of 2017, with volumes rising 33.3 percent year-over-year. Volumes carried grew with the integration of APL, the launch of OCEAN ALLIANCE and the industry dynamism, the company said.   The French ocean carrier said  its net income is $219 million for the second quarter of 2017, compared to a net loss of $129 million for last year’s second quarter.  

Phillips 66 Charters Foreign Tanker for Domestic Voyage

Phillips 66 has chartered a Marshall Islands-flagged vessel, making use of a temporary waiver of the Jones Act that was put in place to meet fuel shortages in the wake of hurricanes Harvey and Irma, Argus Media reported on Thursday.   The vessel, Nave Jupiter, departed from Houston, Texas on Sept. 9, and was docked near the company's Alliance refinery in Louisiana, the report said. http://bit.ly/2fm5CD5  

THE Alliance Sets $50 Mln Insolvency Contingency Fund

(File photo: Hapag-Lloyd)

Remarks from Federal Maritime Commissioner William P. Doyle at the FTR Transportation Conference 2017, Indianapolis, Ind.    On September 13, 2017, I voted to expedite the Commission’s decision and support THE Alliance’s amendment authorizing creation of a contingency trust fund designed to protect customers’ cargo and the ocean transportation chain should one of THE Alliance’s carriers experience financial distress or an insolvency event

Statoil's Bahamas Oil Terminal to Shut ahead of Irma

File photo: Statoil

Norway's state-run oil company Statoil began making preparations on Thursday to shut its South Riding Point storage and transshipment terminal in the Bahamas ahead of Hurricane Irma, traders close to the facility told Reuters.   South Riding Point in Grand Bahama has the capacity to store up to 6.75 million barrels of oil.   A neighboring terminal in the Bahamas, Buckeye Partners' BORCO, was also expected to halt all operations on Thursday, the company said.

Irma forces Bahamas Borco Terminal to Close

Buckeye Partners LP's Bahamas terminal, also known as Borco, has been closed for vessel traffic and will shut all operations by the end of the day due to Hurricane Irma, a source familiar with operations said on Thursday.   That terminal, located in Freeport, on Grand Bahama Island, has more than 26 million barrels of storage capacity for crude, fuel oil, gasoline and other products.   Hurricane Irma has already killed several people after hammering the Caribbean as a category 5

Thun Tankers Orders another Newbuild

(Image: Gothia Tanker Alliance)

Thun Tankers said it has declared an option for a fifth tanker to be added to the previously contracted four 17,500 dwt IMO II product/chemical tankers on order at Avic Dingheng Shipbuilding Ltd in China.   The sister ships are due for delivery between April 2019 and January 2020 and will be commercially managed by Furetank, responsible for the intermediate segment within the Gothia Tanker Alliance.   In addition to the five contracted intermediate vessels

CMA CGM Deploys Theodore Roosevelt on SAX

Map: CMA CGM

 The CMA CGM Theodore Roosevelt will be deployed on the South Atlantic Express (SAX) line, linking Asia East Cost to North America Cost through the Panama Canal, says a statement from the company.   With transit times among the fastest in the market between Asia and North, Central America and with an optimal coverage, the SAX line offers a high-quality service to the Group’s customers.   This line is also operating through the OCEAN Alliance powered by CMA CGM

COSCO Shipping Ports Reports Better H1 Results

Photo: COSCO Shipping  Ports Ltd.

 The port terminal operator division of China COSCO Shipping Corp. posted net profits of  US$384.7 million, an increase of  123.7% for FY 2017, compared with the corresponding period last year.   Total throughput of the Group’s container terminals increased by 11.8% to 41,780,867 TEU for the six months ended 30 June 2017 (1H2016: 37,358,210 TEU); of which about 19.3% (1H2016: 21.1%) or 8,046,468 TEU (1H2016: 7,880

Mega-ships: ‘Mega-problem in Waiting’ -Xeneta

(File photo: Maersk Line)

New alliances, structural change and positive economic trends have transformed the container shipping market over the past year, driving growth and pushing business performance figures from deep red into black. However, despite long-term rates that are, in some cases, up 120 percent year on year, the future remains uncertain due to a looming shadow on the horizon. And, according to Xeneta, it’s not being cast by the ‘usual suspect’.  

Speedcast, Danaos Partner on Maritime Digitalization

Speedcast International Limited, the provider of remote communication and IT solutions, and Danaos Peripherals announced a strategic alliance agreement under which the two companies will combine maritime communications with advanced application management developed by Danaos. Within 2017, the two companies will jointly release a remote and autonomous IT system on board a vessel, leveraging key technologies such as big data analytics, internet of things (IoT) and cyber security

Maritime Reporter Magazine Cover Oct 2017 - The Marine Design Annual

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