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Containerships

Charleston Will be the Deepest Harbor on the US East Coast

The CMA CGM Brazil, a 15,000 TEU container vessel spanning 1,200 feet in length, sailed into Charleston's harbor Sept. 20. The ship - the largest to ever visit the East Coast, and Charleston harbor - was able to enter Charleston's harbor due to its maintained and deepened channels. (Photo: Dennis Franklin)

This September, the U.S. Army Corps of Engineers, Charleston District awarded the final two dredging contracts on its harbor deepening project, which will make Charleston’s harbor the deepest on the East Coast.The contract awards also coincided with the arrival September 20 of the CMA CGM Brazil,

US-China Trade War Shifts Asia’s Manufacturing Landscape -BIMCO

© Nomad_Soul / Adobe Stock

The peak season for containerized exports from Asia to the U.S. is now underway with the COVID-19 pandemic and astoundingly high freight rates making it easy to forget the trade war which has now entered its third year. However, despite the disruption this year, the effects of the tariffs remain clear

Russian Navy Vessel Collides with Container Ship in Danish Waters

Ice Rose - Credit: pinko palinko - MarineTraffic

A Russian navy vessel collided with a Swiss-owned container ship in Danish waters on Wednesday near the Oresund Bridge linking Denmark and Sweden, Danish defense authorities told Reuters.The Ice Rose, which was sailing from St. Petersburg in Russia to Gothenburg in Sweden, collided with a Russian frigate early on Wednesday morning,

World's First LNG-powered Very Large Containership Delivered

CMA CGM Tenere (Photo: Eastern Pacific Shipping)

Hyundai Samho Heavy Industries has delivered the world's first very large containership powered by liquefied natural gas (LNG) to Singapore's Eastern Pacific Shipping (EPS), the South Korean shipbuilder announced Wednesday.The LNG-powered, 14,800 twenty-foot equivalent unit (TEU) capacity CMA

Box Ship Rescues Sailors in Storm Sally

(Photo: COSCO SHIPPING)

The captain and crew of a Hong Kong-flagged containership came to the rescue of a sailboat crew in distress on Sunday amid severe weather and waves during storm Sally, in the Gulf of Mexico, some 130 nautical miles west of Port Tampa Bay, Fla.The COSCO SHIPPING Lines containership COSCO Malaysia was en route from Mobile, Ala.

Container Shipping's Half-Century of Growth

Source: Allianz’s Shipping & Safety Report 2020

A great graphic from Allianz’s Shipping & Safety Report 2020 visually documenting the growth in the container ship industry over the past 50 years.Shipping, Ports & Logistics is a feature focus area of coverage in the October 2020 edition of Maritime Reporter & Engineering News, with insightful interviews with leading ports,

Seaspan Adds Two Secondhand Containerships

© Mariusz / Adobe Stock

Containerships owner and operator Seaspan Corporation announced Thursday it has taken delivery of two 13,000 TEU vessels built in 2010 and 2011, and both containerships have commenced long-term time charters with a global liner.Bing Chen, Chairman, President and Chief Executive Officer of Seaspan, said,

Port of Long Beach Reports Best August on Record

(Photo: Port of Long Beach)

A strong start to the peak shipping season led the U.S.' second busiest container port to record its best August in its 109-year history.Dockworkers and terminal operators at the Port of Long Beach moved 725,610 twenty-foot equivalent units (TEUs) of container cargo last month, a 9.3% increase compared to August 2019,

CMA CGM Sees Strong Shipping Rebound After Coronavirus Storm

© sheilaf2002 / Adobe Stock

Container shipping group CMA CGM on Friday reported higher second-quarter profits and said it expects results to improve again in the current quarter as the shipping sector recovers quickly from disruption caused by the coronavirus pandemic.French-based CMA CGM recorded a net profit of $136 million

Container Shipping & Perfecting on-time Performance

© eyewave/AdobeStock

Recent reports show that on-time performance in the containership sector continues to deteriorate, causing tension between the carriers and retailers. In general, non-ocean carriers – trucks and trains – are achieving reliability rates well above 90% whereas containerships rarely beat a 70% on-time threshold.

Zim Exploring IPO on Foreign Exchange

(File photo: Zim)

Israeli shipping company Zim is considering an initial public offering on a foreign exchange, Israeli news website Globes reported on Monday.A Zim spokesman said the company was not commenting.Two options being examined are to hold the offering in London or New York, according to Globes, a financial news website, which did not cite its sources.

Mahajan Named Managing Director of CMA CGM India

Atit Mahajan (Image: CMA CGM)

French container shipping company CMA CGM Group said it has appointed Atit Mahajan as managing director for CMA CGM India, effective August 1.A qualified chartered accountant with 18 years' experience in strategy, finance and cost management roles, Mahajan was most recently Chief Financial Officer, CEVA Logistics India Pvt.

Port of Baltimore Sets Cargo Moves Record

(Photo: MDOT Maryland Port Administration—Port of Baltimore)

The Helen Delich Bentley Port of Baltimore’s Seagirt Marine Terminal topped its record for most container moves from a single ship.The 5,536 container moves conducted by longshore workers handling the Maersk Edinburgh over three days was the largest number of moves for a single ship in the port’s 314-year history,

Maersk Expects Pre-COVID Container Demand in 2021

© eyewave / Adobe Stock

Shipping group Maersk on Wednesday issued full-year earnings guidance above its forecast at the beginning of the year and said it expects demand for moving containers at sea to return to pre-COVID levels in the first half of next year.The company's share price jumped more than 7% in early trade to an eight-month high,

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