Representatives from Oceanex Inc., were in Flensburg, Germany last week for the cutting of first steel of what will become the largest Canadian flag container/roll on roll off (Con/Ro) ship. This twenty knot, ice-class vessel, to be named the Oceanex Connaigra…
'Ever Leading' welcomed at container terminal Felixstowe, UK, on maiden voyage, the third Evergreen L-Type on UK shipping registery.The new container ship is owned by Evergreen Marine (UK) Ltd. is 334 meters in length, 45.8 meters wide, with 942 reefer plugs and a draft of 14…
Advanced research and development by Lloyd's Register indicates that container stacking weights can be modified to allow the carriage of more cargo.In an 18,000 teu design the increase in cargo weight could be as much as 10%, says Tom Boardley Lloyd’s Register’s Marine Director…
Container carriers can recover from the losses they suffered in recent price wars by adopting more disciplined business practices, says a new report.The recently published report by The Boston Consulting Group (BCG) is titled 'Charting a…
Owners of container ships for chartering, Costamare Inc., plans to offer 7,000,000 shares of its common stock.Members of the Konstantakopoulos family, who in the aggregate own a majority of the common stock of the Company, have indicated their intention to purchase up to 700…
Ship operators Bernhard Schulte & US banking institution JP Morgan have come together to order a series of medium-size boxships in China.Zhejiang Yangfan Group will construct up to eight 2,300 teu boxships for the pair in a four plus four option deal with deliveries scheduled in 2014 and 2015…
Maersk Line cuts further capacity on the Asia-Europe trade on low demand, cuts AE5 service permanently & suspends the AE9 service.“We do not expect volume growth on the Asia-Europe trades this year so there is currently no need for the number of ships sailing”…
SHIPPINGInsight Fleet Optimization Conference kicks off as Maitland weighs in on how best to profitably operate a ship. He says, 'It's all about the Choices.' Here we are, early in the morning, before the coffee has kicked in, and I am tasked with a “keynote speech”…
Maersk Line is extending its total container ship transportation time promise to six more routes: from Jakarta (Indonesia) or Laem Chabang (Thailand).The routes are to Bremerhaven (Germany), Rotterdam (The Netherlands) or Felixstowe (UK). (Bookings for this service will commence 8th October 2012)…
Port Of Antwerp seeks to further consolidate market share with representative visits to Chicago, Houston & Montreal.When it comes to trade with North America, Antwerp has the largest market share of any European port. To consolidate and further extend its market share in this region…
The partners of the G6 Alliance will underline their commitment to the Scandinavian market and start a dedicated G6 feeder shuttle to Gothenburg. The service will provide coverage for the time of the temporary winter suspension of Loop 3.The…
The New Zealand Government & Daina Shipping Company settle amount due arising from the container ship's grounding on 5, October 2011.Keith Manch, Director of Maritime New Zealand, confirmed that Daina Shipping Company will pay $27.6 million…
SA Singapore Terminals (PSA) invests in infrastructure & the latest port technology to develop Phases 3 and 4 of its Pasir Panjang Terminal (PPT). PPT Phases 3 and 4 will feature an automated container yard equipped with proprietary intelligent planning and operation systems…
Region’s first semi-automated terminal relies on SPARCS N4 to handle next generation container ships & higher rates of container exchange.Navis, a part of Cargotec Corporation, announce that Khalifa Port, located in Abu Dhabi, UAE, has successfully…
Clay Maitland is a ubiquitous figure in the global shipping circuit, never shy to share his accrued maritime experience of more than 40 years, ask the tough questions or supply the blunt opinion. Set to celebrate his 70th birthday later this year but not slowing a step…