Liner Services News

16 Mar 2020

Neptune Pacific Acquires Pacific Direct

 Image: Neptune Pacific Line

Neptune Pacific Line, the provider of ocean freight services between Australia, New Zealand and Fiji, said that it has acquired Pacific Direct Line(PDL) from its Singapore based parent holding company, Pacific International Lines (PIL).The acquisition makes Neptune the new owners of all of PDL’s regional and Fiji based companies. The combined business will seamlessly link transport, warehousing, depots and customs clearance services and fully integrate customers’ supply chains across 18 South Pacific markets…

09 Mar 2020

AAL Kembla's Maiden Call at Hamburg Port

The heavy lift vessel AAL Kembia docked for the first time at Terminal C. Steinweg (South-West Terminal) in Hamburg. © HHM / Hasenpusch

Port of Hamburg welcomed the ‘AAL Kembla’ on her first call in Germany’s largest universal port. She berthed at C. Steinweg’s multi-purpose Süd-West-Terminal.AAL Shipping is deploying the heavy-lift/project cargo ship on its new monthly liner service connecting ports in Europe, the Middle East, India and Asia. The service is overseen by AAL’s Hamburg office, opened in 2012, which also offers tailormade tramp chartering shipping to all regions in the world. Built in 2011, the ‘AAL Kembla’ is one of the carrier’s second generation A-class multi-purpose, heavy-lift vessels.

20 Feb 2020

Fitzgerald to Rejoin Crowley as COO

Ray Fitzgerald (Photo: Crowley)

Crowley Maritime Corp. announced today that Ray Fitzgerald, who began his career with Crowley and most recently served as president and chief operating officer of Wallenius Wilhelmsen Solutions, and chairman of American Roll-on Roll-off Carrier (ARC), will rejoin the company March 1 as chief operating officer reporting to Tom Crowley, company chairman and CEO. He will be based at the company’s headquarters in Jacksonville, Fla.Fitzgerald will lead the team of Crowley’s four senior vice presidents and general managers: Rocky Smith…

11 Feb 2020

AAL Shipping Launches New Service

Image: AAL Shipping

The  global ocean transport operator AAL Shipping has launched a new Europe-Middle East/India-Asia Monthly Liner Service to serve the market’s multipurpose vessels (MPPs) and project heavy lift cargo transport requirements.The new service, which connects main ports between Europe, Middle East/India and Asia, harnesses AAL’s second generation 31,000-dwt mega-size A-Class fleet, renowned for its 40,000-cu m cargo intake capacity 700-tonne lift ability.The new liner service will follow a fixed route, with port call flexibility.

26 Jan 2020

Hamburg Port Defends Service Losses

CMA CGM ships in Waltershofer harbour © HHM / Dietmar Hasenpusch

Germany's largest port, the Port of Hamburg not expecting reduction in container throughput caused by liner service changes announced by Ocean Alliance and Maersk.From April, the Ocean Alliance NEU 5 service handled by EUROGATE Container Terminal Hamburg – CTH is being transferred to Antwerp, said a press release from the a sea port on the river Elbe in Hamburg, Germany, 110 kilometres from its mouth on the North Sea."This service will be run by the Ocean Alliance Partner, CMA CGM as FAL 3 with an approximate annual volume of 150…

23 Jan 2020

Jan De Nul Completes Guayaquil

Image: Jan De Nul

After nine months of dredging, Jan De Nul Group has reached an important first milestone by completing the deepening of the 95 km long access channel to the port in record time.The Municipality of Guayaquil (Ecuador) officially inaugurated its newly deepened maritime access channel last weekend, by welcoming the first Neo-Panamax vessel APL Esplanade in the port.Jan De Nul Group will now operate and maintain the channel under this 25-year concession contract. The total investment…

29 Nov 2019

Eimskip Sells Three Reefer Vessels

Pic: Eimskip

Icelandic container line and a logistics company Eimskip has made an agreement to sell three of its reefer vessels in Norway for USD 12 million (EUR 10.9 million).The vessels, Langfoss, Stigfoss and Vidfoss, are 30 years old and have been operated by Eimskip in Norway for 20 years and owned by the Company for the last 8 years. Eimskip has parallel to the sale agreed to charter one of the divested vessels for the next two years.Eimskip is currently operating six reefer vessels but following the sale it will operate four, of which three are owned by Eimskip.

21 Nov 2019

Cargo Biz Grows at Hamburg Port

Image: © HHM / Hasenpusch

Germany’s largest universal port, the Port of Hamburg, reported a container throughput of 7 million TEUs for the first three quarters of this year, representing a growth of 6.9 percent year-over-year.The climb in container handling is primarily attributable to the four new transatlantic services, plus four new Baltic feeder services. Since the beginning of the year, the new transatlantic services operated by Hapag-Lloyd and ONE have connected Hamburg with ports in the USA, Canada…

11 Nov 2019

Hapag-Lloyd Expands Atlantic Loop 3

Image: Hapag-Lloyd

German international shipping and container transportation company Hapag-Lloyd AG announced that it is expanding fleet on Atlantic Loop 3 service between the US and Europe."Our Atlantic Loop 3 Service (AL3) fleet is growing with the addition of the 4,248 TEU vessel “Rio Grande Express” sailing between the United States and Europe," the cargo container shipping line said in a statement."Upgrading to a 6 vessel rotation will improve the reliability of the AL3 service for our customers and support our strategy of being number one for quality…

28 Oct 2019

Hamburg, India Sea Trade Up by 17%

Photo: © HHM / Dietmar Hasenpusch

In the 2019 first half, 106,000 TEU - 20-ft standard containers - were handled in Hamburg on direct services with Indian ports, a gain of 17 percent. This brought India up into tenth place in Hamburg’s ranking of its trading partners for container transport.With Hapag Lloyd and its partner shipowners ONE, YML and COSCO offering an additional weekly sailing from Hamburg on the IEX - South-East India–Europe Express service from November onwards, the prospects for further growth are good.Ten liner services link the Port of Hamburg with India.

13 Oct 2019

Hapag-Lloyd Opens New South Europe HQ

Pic: Hapag-Lloyd

German cargo container shipping line, Hapag-Lloyd AG, officially opened its headquarter for the new region.CEO Rolf Habben Jansen presented the keys of the office complex in Genoa (Italy) to the new Senior Managing Director Juan Pablo Richards.During the opening event, Habben Jansen explained the motivation to create a new region: “After our merger with UASC in 2017 the Mediterranean region has gained more importance for us. That's why we are eager to bolster our competitive position…

11 Sep 2019

Hapag-Lloyd Launches Quick Cargo Insurance

Pic: Hapag-Lloyd

German-based global cargo container shipping line, Hapag-Lloyd AG is expanding its digital product portfolio. As one of the first container shipping companies, Hapag-Lloyd is now offering its customers an online marine insurance."Quick Cargo Insurance" provides customers with tailor-made insurance offers around the clock. The insurance cover takes effect immediately upon conclusion of the contract."Not every cargo transported by sea is insured, yet. For instance, small and medium-sized customers often do not take out insurance for cost reasons.

05 Sep 2019

Hapag-Lloyd Splits EU Ops into Two Regions

Hapag-Lloyd CEO Rolf Habben Jansen: developing the organization and ensuring proximity to markets and customers.

(Photo: Hapag-Lloyd)

Cargo container shipping line Hapag-Lloyd has is to split its European operations into northern and southern regions. The company said the move was part of its strategy to remain closely connected with international clients. After the reorganization, Hapag-Lloyd will serve its customers from a total of six regions.The new Region South Europe will be headquartered in Genoa, Italy to reinforce the company’s activities in the Mediterranean region. Juan Pablo Richards, previously manager of the company’s operations in Area Brazil…

21 Aug 2019

Scotline Orders Third Newbuild

Image: Scotline Marine Holdings

U.K based shipping company Scotline Marine Holdings announced that it has  ordered a third newbuild vessel from Dutch shipyard Royal Bodewes which is due for delivery by the end of 2020."The new vessel will adopt the name ‘Scot Ranger’ which has not been used since we sold the previous vessel last year," it said.This vessel will be a sister to the Scot Carrier (launched November 2018) and the Scot Explorer (due for launch November 2019).Although the same design of vessel, the new Scot Ranger will be ice class 1A.

16 Aug 2019

Port of Hamburg Reports Strong Growth in H1

Image © HHM / Annette Krüger

Germany’s largest universal port Port of Hamburg remains on a growth course, achieving a distinct 4.1% advance to 69.4 million tons in seaborne cargo handling in the first half of 2019."Especially good growth trend in the general cargo segment, up 6.1 percent at 48.4 million tons, was the main contributor to the excellent figures for total and container handling," said a press release from the third-busiest port in Europe.The total for bulk cargo handling was just 0.3 percent…

14 Jul 2019

Connection Compass of 100 Liner Services

Pic: Port of Hamburg

The new Connection Compass showed more than 100 liner services connect Hamburg with most of the more than 1,000 seaports worldwide. "All scheduled, rail and inland waterway services to and from Hamburg," is given in the new  Connection Compass, said a press note from the port of Hamburg. Other ports are served via transshipment.In addition to the numerous container transports, special transports such as RoRo and project cargo are also handled by shipping companies in the universal port.With around 2…

02 Jul 2019

Hamburg Süd, Maersk Strengthen Portfolio

Photo: © HHM / Dietmar Hasenpusch

Hamburg Süd has strengthened its product portfolio on the Europe with new stand-alone service offered in collaboration with Maersk.The trade between Europe and Central America, Caribbean and South America West Coast has always been a key element in Hamburg Süd’s global network of liner services. In cooperation with Maersk, Hamburg Süd will be expanding and enhancing the services it offers on this core trade beginning in June 2019.According to a press release, the serice will have maximum flexibility for tailor-made solutions…

28 Jun 2019

MedPort Tangier Opened

Pic: APM Terminals

APM Terminals Medport Tangier container terminal has officially opened its doors in Morocco.Part of the Tanger Med Port complex, it has an annual capacity of 5 million TEUs (twenty-foot equivalents)."With this new capacity, Morocco is establishing itself as one of the most important transshipment locations in the world. Tanger Med Port is already ranked as the leading African port and is amongst the world’s top 50 container ports due to its prime location along key trade lanes and increasing cargo flows…

18 Jun 2019

Hapag-Lloyd Shareholders Change Stake

Graphics: Hapag-Lloyd AG

German-based international cargo container shipping line Hapag-Lloyd AG announced an increased participation of two core shareholders, which has reduced the free float to below nine percent.“We naturally regret the reduced free float, but the demand among our anchor shareholders also underlines their interest in and commitment to Hapag-Lloyd as a strategic investment,” said Rolf Habben Jansen, Chief Executive Officer of Hapag-Lloyd AG.Shareholder structure of Hapag-Lloyd AG as of 18 June 2019: CSAV Germany Container Holding GmbH - 27.3%,  Klaus Michael Kühne (incl.

14 Jun 2019

Hapag-Lloyd Pays Off Bond

Pic: Hapag-Lloyd

German container shipping major Hapag-Lloyd AG has decided to fully redeem the outstanding EUR 280 million in aggregate principal amount of its outstanding 6.75 percent senior note due 2022 on 24 June 2019 at a fixed redemption price of 103.375 percent.The redemption will be done predominantly from available cash. EUR 100 million of the EUR 280 million will be paid from a drawdown of a CDS-based credit facility."The complete repayment of this senior note ahead of maturity is a clear step forward towards further deleveraging and optimizing our capital structure.

13 Jun 2019

Hapag-Lloyd Pact for EUR100mln Credit

Pic: Hapag-Lloyd

The  transnational German-based transportation company Hapag-Lloyd AG has entered into a new EUR 100 million revolving credit facility, to be made available for utilisation from 14 June 2019 for different maturities up to 18 months and subject to up to two years extension.Hapag-Lloyd AG may use the financing from the facility for general corporate purposes and to optimise its debt maturity profile and cost of capital, in line with its strategic objectives.The loans, under the facility…

03 Jun 2019

Chinese VP Visits Hamburg Terminal

Photo: Hafen Hamburg Marketing e.V.

China’s Vice President Wang Qishan visited the HHLA Container Terminal Tollerort (CTT) at the Port of Hamburg.Wang was greeted by the Chairwoman of the Executive Board of Hamburger Hafen und Logistik AG (HHLA), Angela Titzrath, Hamburg’s First Mayor, Dr Peter Tschentscher, and representatives of the Chinese container shipping company Cosco Shipping Lines. Wang headed a 40-strong party of high-ranking Chinese government officials, and the terminal operator said the visit emphasizes…

21 May 2019

Hamburg’s Traffic on the Rise in Q1

Pic: Hafen Hamburg Marketing @Hapag-Lloyd

Germany’s largest universal port is again on a growth path, achieving a distinct advance in the first quarter of 2019 with seaborne cargo throughput ahead by 6.0 percent at 34.6 million tons.Both general cargo throughput at 23.9 million tons - up 5.4 percent- and bulk cargo throughput at 10.7 million tons - up 7.5 percent – rose substantially in the first three months.The gratifying 6.4 percent increase in container handling to 2.3 million TEU is primarily attributable to four liner services new to Hamburg and linking the Hanseatic City with ports in the USA…

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