MOL: New Containerships to Upgrade Service

July 28, 2011

Mitsui O.S.K. Lines, Ltd. announced an upgrade to its Asia-East Coast South America Service (CSW). From July 2011 through 2012, MOL will launch a total of 10 new 5,600 TEU containerships which will replace its currently-operated vessels on the CSW.
The newbuilding ships will adopt a new wide-beam and shallow-draft design, featuring high loading capacity and compatibility with shallow-draft ports in South America. Moreover, effective July 2011, MOL will assign an additional ship to CSW with a total of 13 ships, which allows sufficient time to revise the existing schedule. Along with the fleet expansion, MOL will begin chartering space to a consortium of Nippon Yusen Kabushiki Kaisha (NYK Line), Kawasaki Kisen Kaisha, Ltd. (“K” Line), Hyundai Merchant Marine Co., Ltd. (HMM), and Pacific International Line (PIL).(*)

Main specifications of 5,600TEU newbuilding containerships:

Capacity: 71,407mt
Length: 275.1m
Breadth: 40m
Draft: 14.00m
Shipyard: Hyundai Samho Heavy Industry Co., Ltd. (South Korea)

New CSW service rotation (13 ships, 91 days turnaround): Xingang (Wed/Wed), Dalian (Thu/Fri), Qingdao (Sat/Sat), Pusan (Mon/Mon), Shanghai (Fri/Sat), Hong Kong (Mon/Mon), Singapore (Fri/Sat), Santos (Sat/Sun), Buenos Aires (Tue/Wed), Montevideo (Thu/Thu), Paranagua (Sun/Sun), Sao Francisco Do Sul (Mon/Mon), Santos (Tue/Wed), Rio De Janeiro (Thu/Fri), Cape Town (Sat/Sun), Ngqura (Mon/Tue), Singapore (Thu/Fri), Hong Kong (Wed/Wed) and Xingang (Wed).

(*) Start of chartering space to the consortium:
Departure of MOL Distinction from Shanghai on July 9, 2011

Logistics News

New Zealand selects two LNG terminal bidders for energy security

New Zealand selects two LNG terminal bidders for energy security

Port Everglades Contributes $48.3b in Economic Impact, 300,000 Jobs for Florida

Port Everglades Contributes $48.3b in Economic Impact, 300,000 Jobs for Florida

Report Details Four Ship Breakaways During Storm

Report Details Four Ship Breakaways During Storm

Consortium to Advance e-Fuel Green Corridor Between Brazil and Belgium

Consortium to Advance e-Fuel Green Corridor Between Brazil and Belgium

Subscribe for Maritime Logistics Professional E‑News

The new US-Canada Bridge is nearing completion despite Trump's earlier threats
Vietnam Orders Airlines to Accelerate U.S. Deals as Washington Trade Probes Mount
S&P downgrades JetBlue deeper into junk as high fuel costs dent recovery