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Container Ships

Oakland Container Volumes Down 1.8% in 2019

Image: Port of Oakland

The container ship facility located in the San Francisco Bay, Port of Oakland 2019 container volume decreased 1.8 percent from 2018. The Port attributed the decline to fewer empty containers but said loaded import and export containers were at a record high.Oakland handled the equivalent of 2.5 million 20-foot containers (TEUs) in 2019 versus 2.

Port NOLA Sets New Box Record

Image: Port NOLA

Louisiana’s only international container port Port of New Orleans (Port NOLA) moved more containers in 2019 than at any time in its history, totaling 648,538 twenty-foot equivalent units (TEUs), up 10% compared to one year ago.The multimodal gateway for global trade said in a press release that

HMM to Launch Mega-Ships in April

Image: Hyundai Merchant Marine

South Korean logistics major Hyundai Merchant Marine (HMM) will introduce the largest container vessels of the world in April. These mega-ships will be deployed on the company’s Asia-Europe services.According to BusinessKorea HMM will put into operation a total of 12 24,000-TEU super large vessels,

NMM Acquires Five Containerships

File Image: Navios Maritime Containers

Greek owner and operator of dry cargo vessels Navios Maritime Partners has taken delivery of five containerships upon the liquidation of Navios Europe.The five vessels comprise three Sub-Panamaxes and two Panamaxes, has been acquired for about USD 52 million.The vessels - 2,007 TEU Esperanza N, the 2,

Hapag-Lloyd Opens Center in Mauritius

Image: Hapag-Lloyd

German international shipping and container transportation company Hapag-Lloyd AG has opened a new Quality Service Center (QSC) in Mauritius. The QSC will explicitly serve Africa, one of Hapag-Lloyd's fastest growing markets.Quality Service Centers are an important cornerstone of Hapag-Lloyd´s Strategy 2023.

HMD Confirms Evergreen Boxship Order

Image: Hyundai Mipo Dockyard (HMD)

South Korean shipbuilder Hyundai Mipo Dockyard (HMD), a unit of Hyundai Heavy Industries (HHI), has confirmed the KRW 110 billion ($100m) newbuilding order for four units of 1,800 TEU container carriers from Taiwanese shipping line Evergreen Marine Corporation.The world's No. 1 shipbuilder specializing

Containership Grounds in the Bosphorus Strait

A foreign cargo ship ran aground in Istanbul's Bosphorus strait on Friday, requiring a rescue operation and prompting authorities to temporarily close the picturesque and crowded waterway running through Turkey's largest city.There were no injuries or casualties, the governor's office said,

DSME Wins $771M Order for 6 Box Ships

Image: Daewoo Shipbuilding & Marine Engineering Co., Ltd.

South Korean shipbuilding and offshore contractor Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME) has secured a 891.8 billion-won (US$771 million) order to build six container ships.According to Yonhap, the world’s second-largest shipbuilder by order backlog will deliver the ships

HHI Wins $293M Newbuild Order

Image: Hyundai Heavy Industries

South Korean shipbuilder Hyundai Heavy Industries (HHI) Group said that its two affiliates have clinched two deals worth 340 billion won (US$293 million) in total to build six vessels.Hyundai Mipo Dockyard (HMD), a unit of HHI, has won a KRW 110 billion ($100m) newbuilding order for four units of 1,

US Box Ship Rescues Iranian Mariners


© Jesus Conzalez Alba / MarineTraffic.com

A U.S.-flagged merchant vessel Maersk Kinloss rescued three Iranian mariners who had been stranded at sea for several weeks.The Maersk company informed U.S. Naval Forces Central Command (NAVCENT) of the December 18 rescue.The stranded mariners were transferred to the Omani coast guard, who are coordinating their return to Iran.

Maersk Outlines Year in Review, Outlook

Steve Felder (Photo: Maersk)

Steve Felder, Managing Director, Maersk South Asia has outlined the developments in 2019 and what we can expect in 2020:“While the global container demand was lower in 2019 due to weaker growth in the global economy, India witnessed a broad-based slowdown in its import export trade as well after a growth of several years.

Eim­skip Sells 2 Boxships

Image: Eimskip

The oldest shipping company in Iceland Eimskip has made an agreement to sell two container vessels for USD 3.9 million (EUR 3.5 million).The Icelandic Steamship Company (Eimskipafélag Íslands hf.) said in a press note that the 1457 TEUS container vessels Godafoss and Laxfoss are 24 years

Maersk India Trade Report Q3 2019

Photo: Maersk

India’s import and export container trade in Q3 2019 (July-September) remained flat as compared to global growth of 1.5%. The slowdown is aligned closely with the weaker domestic demand, as well as a reflection of the broad-based cyclical weakening of the economic environment in all the main global economies.

Capital Product Partners Acquires Boxship Trio

Image: Capital Product Partners

Capital Product Partners (CPLP), a Greek shipping company engaged in the seaborne transportation, has agreed to acquire three 10,000 TEU sister container ships for USD 162.6 million from Capital Maritime & Trading Corp.The ships, M/V Athos, the M/V Aristomenis and the M/V Athenian, were built in 2011 at Samsung Heavy Industries S.

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