Search results for: TEU

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A list of search results

  • 7 April 2015
    Business & Finance

    China Cosco Holdings Co. is gearing up to order at least ten 19,000 TEU containerships, an investment worth around USD 1.4 billion, the Wall Street Journal writes citing sources with direct knowledge of the matter. As informed, the order is expected to be placed by the end of May at a Chinese shipyard, which is […]

  • 23 April 2020

    South Korean shipping major HMM has held a naming ceremony for the first of its twelve 24,000 TEU containerships. The HMM Algeciras, described as the world’s largest boxship, was named at Daewoo Shipbuilding & Marine Engineering’s (DSME) Okpo shipyard in Geoje, Korea. The ceremony was presided by the President of the Republic of Korea Moon […]

  • 20 February 2015
    Business & Finance

    Japan’s classification society ClassNK is launching a joint research project to develop technical standards in order to clarify the brittle crack arrest parameter for steel plates exceeding 80mm in thickness, expected to be used on 20,000 TEU container ships. The project will be carried out as part of the ClassNK Joint R&D for Industry Program in collaboration with […]

  • 6 April 2015
    Business & Finance

    South Korean shipbuilder Hanjin Heavy Industries confirmed on Monday that it will build the three CMA CGM’s 20,600 TEU boxships as the French liner company joins the club of 20,000 TEU owners. The liner company announced the construction plans at the end of March, without disclosing details on the potential builder of the ships. The ships will […]

  • 21 September 2017
    Business & Finance

    Swiss-based Mediterranean Shipping Company (MSC) has opted for South Korean shipbuilders Daewoo Shipbuilding and Marine Engineering (DSME) and Samsung Heavy Industries (SHI) to construct eleven 22,000 TEU containerships for the company. The order was confirmed to World Maritime News by an MSC spokesperson, saying the deal terms have not been disclosed yet. “A significant number of […]

  • 27 March 2018
    Business & Finance

    China’s COSCO Shipping Lines has named COSCO Shipping Leo, a 20,000 TEU containership newbuild. 

  • 29 January 2015
    Business & Finance

    Japan’s shipbuilder Imabari Shipbuilding, with the cooperation of Marubeni Corporation, has secured a newbuilding order for eleven 20,000 TEU Ultra-Large Container Carriers, the largest type container carriers in the world as of today. The vessels will have about 400 metres  in length with about 59 metres in breadth. The first vessel is scheduled to be completed […]

  • 15 May 2014
    Business & Finance

    The Port of Virginia in April was in positive territory across-the-board in all of the monthly cargo measures it tracks including double-digit TEU growth that made April the third best month in the port’s history. John F. Reinhart, CEO and executive director of the Virginia Port Authority said he was “cautiously optimistic” by the report. […]

  • 5 September 2018
    Business & Finance

    DSIC, DNV GL to develop a new 23,000 TEU LNG fueled ultra large container vessel.

  • 29 April 2020

    German liner giant Hapag-Lloyd is postponing the decision on the ordering of new ultra-large containerships until further notice due to the ongoing market uncertainty caused by the coronavirus pandemic. The container shipping major revealed its intention to order new ships back in January this year, saying the orders were most likely until 2021. The investments […]

  • 2 April 2020
    Business & Finance

    The delivery of 24,000 TEU containerships to HMM will not be delayed.

  • 20 April 2017

    There are 56 container ships of 18,000 + TEU on order slated for delivery from April, 2017 till June, 2020. The mega boxships are intended predominantly to sail on the North Europe-Far East trade dominated by carrier alliances that have been freshly reshuffled. Only this year 19 vessels of this size are slated for delivery, followed […]

  • 10 March 2016

    The economies of scale that have been a key feature of the liner industry, may be running out, shows Drewry’s study of the operational and financial impacts on lines, terminal operators, ports and other supply chain stakeholders as vessel size increases up to and beyond 18,000 teu. Since 2009, leading container shipping lines have engaged in […]

  • 31 October 2018

    The Port of Valencia has set sights on building a container terminal of the future.

  • 19 June 2017
    Business & Finance

    China’s Shanghai Waigaoqiao Shipbuilding has splashed the country’s largest domestically built ship, the 20,110 TEU Cosco Shipping Taurus. The colossal boxship was built for COSCO Shipping Corporation, and features a total length of about 400 meters, 58.6 meters in width and has a design speed of 22.5 knots. The launching ceremony, which took place on June 16, marked the construction of […]

  • 18 March 2020
    Business & Finance

    The 23,000 TEU LNG-powered containership giant CMA CGM Jacques Saade has set sails for sea trials.

  • 19 April 2018
    Business & Finance

    One more 20,000 TEU containeship for COSCO Shipping Lines.

  • 30 January 2015
    Business & Finance

    International cargoes handled by the Philippines’ Batangas Container Terminal (BCT) increased by as much as 762% in 2014 as Asian Terminals Inc. (ATI) ended the year with a consolidated throughput of 1.02 million twenty-footer-equivalent units (TEUs), up 8.6% from 2013. BCT handled over 98,000 TEUs in 2014, its highest thus far in a single year. […]

  • 14 November 2019
    Business & Finance

    The vessels are comprised of three 10,700 TEU units, two 9,200 TEU ships and one 9,200 TEU vessel.

  • 6 July 2014
    Business & Finance

    How Many Containers Have Shippers Lost at Sea? The World Shipping Council (WSC) estimates in its report on containers lost at sea that for the combined six year period from 2008 to 2013, there were 546 containers lost on average each year. VIDEO: Prelude – Revolution in Natural Gas Production Shell is building the world’s […]

  • 26 January 2017
    Business & Finance

    South Korea’s Incheon Port Authority (IPA) has moved a total of 2.67 million TEUs in 2016, representing an increase of 12.7 percent from 2.38 million TEUs handled in 2015. The figure was a result from continuous increase of cargo volumes in three months after reaching 250,000 TEUs in October, 253,000 TEUs in November, and 263,000 TEUs in December […]

  • 2 January 2019
    Business & Finance

    Ship Finance International Limited has acquired two 2016-built 19,400 TEU containerships.