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Yantian News

01 Apr 2024

ONE Announces New Transpacific Service from February 2025

© Björn Wylezich / Adobe Stock

Ocean Network Express (ONE) has announced its Transpacific service starting from February 2025 which will deploy 16 core weekly services.“The emphasis will be on quality end-to-end direct services with high schedule reliability.

03 Oct 2023

Hapag-Lloyd Welcomes "Berlin Express" - the First of its Hamburg Express Class Ships

Credit: Hapag-Lloyd

German container shipping giant Hapag-Lloyd on Monday welcomed into its fleet the “Berlin Express”, the first ship of its new Hamburg Express class. At an event attended by some 300 guests from business and politics, naming patron Elke Büdenbender performed the ceremonial christening of the ship at the Container Terminal Burchardkai (Athabaskakai) in the Port of Hamburg. Among the guests were Peter Tschentscher, the First Mayor of Hamburg, and Daniel Günther, the Minister President…

09 Aug 2023

OOCL Adds Another Ultra-Large Container Ship to Fleet

Source: OOCL

OOCL’s 24,188 TEU ultra-large container ship OOCL Felixstowe has been officially named at COSCO Dalian Kawasaki shipyard.The Oriental Felixstowe is the fourth of 12 ultra-large container ships which are among the world’s largest. They are being built by COSCO Shipping Heavy Industry for OOCL, and the third, OOCL Piraeus, entered operation on May 30.Yang Zhijian, Chief Executive Officer of OOCL, said: “We ordered this series of ultra large container vessels not only to provide better services to our customers…

08 Jun 2023

OOCL Adds Third 24,188 TEU Containership

OOCL Turkiye (Photo: OOCL Turkiye)

Hong Kong-based Orient Overseas Container Line Ltd. (OOCL) announced it has taken delivery of another 24,188 TEU mega ship.The OOCL Turkiye, recently named during a ceremony at Nantong COSCO KHI Ship Engineering Co., Ltd. (NACKS) shipyard, is the third 24,188TEU vessel to be received by OOCL in a series of12.Being a part of OOCL’s strategic plan for further growth in Asia -Europe trade, OOCL Turkiye will join her sister vessels OOCL Spain and OOCL Piraeus in serving OOCL’s Asia-Europe LL3 service loop.

06 Jun 2023

ONE Takes Delivery of its First 24,000-TEU Ship

Source: ONE

Ocean Network Express (ONE) has taken delivery of its first 24,000-TEU container ship, ONE Innovation.The first of six Megamax class vessels, the 400-meter ONE Innovation was delivered by Japan Marine United Corporation’s Kure Shipyard.The vessel has a capacity of up to 24,136 TEU and will help bring economies of scale, says ONE. It features significantly lower carbon emissions through its hull design that aims to maximize cargo intake and minimize fuel consumption. The vessel…

05 Jun 2023

OOCL Takes Delivery of a 24,188 TEU Ultra-large Containership

(Photo: OOCL)

Hong Kong-based shipping line OOCL announced it has taken delivery of another ultra-large containership The 24,188 TEU vessel OOCL Piraeus is the first in the series of six container vessels to be delivered by Dalian Cosco KHI Ship Engineering Co., Ltd. (DACKS).OOCL placed an order for a total of twelve 24,188 TEU container vessels in 2020. Of this set of 12, OOCL Piraeus is the second vessel to be delivered following the delivery of the OOCL Spain earlier in the year."Vessels in this series are equipped with advanced smart systems and green designs to reduce carbon emissions…

07 Jun 2022

Marine Insurance: Cargo Fires are a Burning Issue for Shipping

Copyright burnstuff2003/AdobeStock

Commercial insurer Allianz Global Corporate & Specialty released its Safety & Shipping Review, an annual analysis of shipping losses and accidents worldwide. The 2022 report reveals that the maritime sector continues its long-term positive safety trend over the past year with 54 total losses of vessels reported globally, compared with 65 a year earlier. This represents a 57% decline over 10 years (127 in 2012); while during the early 1990s the global fleet was losing 200+ vessels a year.The 2021 loss total is made more impressive by the fact that there are an estimated 130…

16 Mar 2022

COVID Curbs Bite at Chinese Ports, Threatening Global Supply Chains

© yu/ Adobe Stock

The queues of container ships outside major Chinese ports are lengthening by the day as COVID-19 outbreaks in manufacturing export hubs threaten to unleash a fresh wave of global supply chain shocks, ship owners, logistics firms and analysts say.China is experiencing its biggest spike in COVID-19 infections since an initial outbreak in the central city of Wuhan was contained in early 2020.The spread of the highly-infectious Omicron variant this month has led to movement controls across China…

17 Sep 2021

Supply Chain Shocks: Ocean Shipping Challenges Abound

Pier 300 Port of Los Angeles. Photo courtesy Port of Los Angeles

Supply chain issues tied to liner shipping have been front page news throughout 2021; just about everyone agrees that there’s a problem. The underlying cause is right out of Economics 101: a surge in demand for moving containerized cargo, in the face of “inelastic” throughput capacity (which includes vessels and their landside interfaces to surface transportation, trucks and rail) that could not handle the swell, attributable to re-stocking of containerized cargo as economic activity recovered from the pandemic induced jolts.

08 Sep 2021

Car Carrier Prices Are Hot and Getting Hotter

Newbuild spend for vehicle carriers, including large car and truck carriers (LCTC), pure car and truck carriers (PCTC) and pure car carriers (PCC), smashed past $3.2 billion last week, following big volume orders from Eastern Pacific and Zodiac—an astonishing amount of money for a niche sector, exceeding the previous six years total combined. If we include options, a whopping $4.4 billion has been agreed year to date. Japanese shipyards have raised tariffs to $100 million for dual fuel liquefied natural gas (LNG) 7,000 car equivalent units (CEU), up by a staggering $10 million compared to last year. Chinese yards have followed but maintain a healthy discount quoting $88 million for an equivalent spec.

13 Aug 2021

Port, Shipping Firms Divert Vessels After a Ningbo Terminal Shuts

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Ports and shipping companies are diverting vessels from a container terminal in China's busiest marine transportation hub which was forced to close after a coronavirus case emerged, as the pandemic strains global supply amid rising retail orders.Meidong container terminal in eastern Ningbo suspended operations on Wednesday after a COVID-19 case was detected, while nearby Shanghai also recorded the worst congestion in at least three years.On Friday, 37 vessels were waiting to call at Ningbo and 26 vessels queuing for Shanghai…

15 Jul 2021

Port of Los Angeles Sets New Volume Record for June

© Kirk Wester / Adobe Stock

The Port of Los Angeles hit a new volume record in June as U.S. businesses race to replenish stocks and build inventories for the back-to-school, Christmas and other holiday shopping seasons.Total volume at the Port of Los Angeles hit 876,430 20-foot equivalent units (TEU) in June, up 27% versus the year earlier, port authorities said. Loaded imports accounted for more than half that, at 467,763 TEU.The port sent 312,600 TEU of empty containers to factories in China and elsewhere.

09 Jul 2021

South Korea's Container Squeeze Throws Exporters into Costly Gridlock

© Mariusz / Adobe Stock

Unable to get a slot on a container vessel, Lee Sang-hoon is considering using fishing trawlers docked for repair in the South Korean port of Busan to meet surging export orders for the car engine oil he sells to Russia."China is the black hole in this shipping crisis, all the carriers are headed there," said Lee, owner of Dongkwang International Co. in Busan which makes about 20 billion won ($17.60 million) in annual revenue."Those fishing boats out there could be an answer for us because we're already one month behind schedule.

11 Jun 2021

Congestion at Container Shipping Ports in Southern China Worsens on Anti-COVID-19 Measures

Yantian - Credit;  Weiming/AdobeStock

Congestion at container shipping ports in southern China is worsening as authorities step up disinfection measures amid a flare-up in COVID-19 cases, causing the biggest backlog since at least 2019.More than 150 coronavirus cases have been reported in Guangdong province, a key manufacturing and exporting hub in southern China, since the latest wave of cases struck in late May, triggering local governments to step up prevention and control efforts that have curbed port processing capacity.Ports in Guangdong…

07 Jun 2021

China's Imports Grow at Fastest Pace in a Decade

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China's imports grew at their fastest pace in 10 years in May, fueled by surging demand for raw materials, although export growth slowed more than expected amid disruptions caused by COVID-19 cases at the country's major southern ports.While a brisk recovery in developed markets has bolstered demand for Chinese products, a global semiconductor shortage, higher raw material and freight costs, logistics bottlenecks and a strengthening yuan have dimmed the outlook for the world's largest exporting nation.China's exports in dollar terms in May grew 27.9% from a year earlier…

03 Jun 2021

Shipping Firms Warn Clients of Shenzen's Yantian Port Worsening Congestion

Yantian port - Credit: Weiming/AdobeStock

Major shipping companies have warned clients of worsening congestion at Shenzen's Yantian port in southern China following the discovery of several asymptomatic cases of COVID-19 in the city.Yantian International Container Terminal (YICT), one of China's busiest container ports with an annual handling volume of more than 13 million twenty-foot equivalent units (TEU), has imposed stringent disinfection and quarantine measures since May 21 when the virus was discovered among port staff.More than 40 container ships were anchored in open water outside the terminal…

06 Apr 2021

Bad Fuel Causes Engine Trouble on MSC Containership

Mediterranean Shipping Company (MSC) said one of its containerships has had to pause its China-U.S. voyage after a fuel problem gave rise to engine problems on board the 366-meter vessel.The Panamanian-flagged containership MSC Ariane had to stop at sea on April 2 due to an engine issue caused by "bad quality of fuel", MSC said.Maersk, MSC's partner under the 2M Alliance, said a tugboat with spare parts has reached the vessel and began towing it toward Japan for repair. The stricken box ship is expected to reach Wakayama on April 7.MSC Ariane is deployed as part of MSC's Pearl service rotation (Vung Tau – Hong Kong – Yantian – Xiamen – Los Angeles).

04 Jan 2021

Evergreen Takes Delivery of Two 12,000 TEU Ships

Ever Forever is the sixth containership of Evergreen Line’s F-type series. Built at the Geoje Shipyard of Samsung Heavy Industries, its twin-island hull design broadens the view from the navigation bridge and increases cargo loading capacity. (Photo: Evergreen Line)

Evergreen Line took delivery of its sixth and seventh new 12,000 TEU class F-type containerships on December 15. Ever Forever was built at the Geoje Shipyard of South Korea's Samsung Heavy Industries, and Ever Far was delivered by Imabari Shipbuilding in Japan.The two new large containerships set sail in good order after the delivery procedures were completed. The ships’ 58,000-horsepower main engines are powering the technically advanced vessels to their allocated loading ports on Evergreen’s trans-Pacific services. Ever Forever will be put into service on the Asia-U.S.

04 Dec 2020

Boxship Loses Nearly 2,000 Containers in Pacific Ocean Storm

Illustration - donvictori0/AdobeStock

ONE Apus containership - Credit:Marco Wisniowski / MarineTrafficNearly 2,000 containers aboard a ship managed by NYK Shipmanagement of Japan were lost or damaged when it hit by stormy weather in the Pacific Ocean, the company said, adding that the vessel was heading to Japan for assessment.Such a large amount of container losses is rare in the international shipping industry, averaging less than 1,400 a year in the last 12 years.ONE Apus, owned by Chidori Ship Holdings, was traveling from Yantian in China to Long Beach…

13 Oct 2020

CMA CGM's New LNG Flagship Takes on Record Container Load

CMA CGM Jacques Saade left Singapore carrying a record 20,723 full containers. (Photo: CMA CGM)

The world’s largest liquefied natural gas (LNG)-powered containership, CMA CGM Jacques Saade, has set a new world record for the most full containers loaded on a single vessel.On her Monday departure from Singapore, the CMA CGM Group’s new flagship was carrying a record 20,723 full containers, according to French shipping company CMA CGM.After joining CMA CGM’s fleet in September, the new record-breaking containership is now on her maiden voyage on the CMA CGM Group’s French Asia Line (FAL 1), connecting Asia with Europe.

08 Oct 2020

HMM's New Mega Ships Each Sailed Fully Loaded on Maiden Voyages

The 11th of HMM's 12 Megamax-24 containerships, HMM Le Havre, transits north through the Suez Canal on September 30, steering a course toward Rotterdam, ETA October 8. (Photo: HMM)

South Korean shipping company HMM said all 12 of its new 24,000 TEU containerships—the world's largest—have each made their maiden voyages fully laden with containers.On September 31, HMM St. Petersburg, the last of the 24K-class series, departed for Europe from the Port of Yantian, China with 19,529 TEUs loaded on board.Consequently, all 24,000 TEU ships delivered to HMM have been entirely filled with cargoes on their first voyages, starting with HMM Algeciras which carried a total of 19…

22 Sep 2020

World's Largest LNG-fueled Containership Delivered

(Photo: CMA CGM)

The world's largest containership to be powered by liquefied natural gas (LNG) has officially joined the fleet of French container shipping group CMA CGM, during a digital naming ceremony at CSSC’s shipyard in Shanghai.CMA CGM Group’s new flagship, CMA CGM Jacques Saadé, named after the group's founder, is the lead vessel in a series of nine LNG-powered, 23,000 TEU containerships ordered in 2017.Rodolphe Saadé, CMA CGM Group’s chairman and CEO, announced in November 2017 that the vessels would be equipped with LNG-powered engines…

17 Jul 2020

Chinese Ports Hit Capacity as Virus Tests Slow Clearing

© chungking / Adobe Stock

Testing of imported foods for the new coronavirus is pushing capacity at some major Chinese ports to their limit, major shippers told customers this week, warning of additional fees and possible diversions to other ports.China stepped up inspections of imported food last month after an outbreak of the coronavirus among people working at and visiting a major food market in Beijing."Import container pick-up activities have been severely impacted and as a result reefer plugs are highly utilized especially at the port of Yantian and Ningbo," said German shipping firm Hapag-Lloyd in a customer noti