High Shipping Costs Are Here to Stay, Says Bloomberg
By Henry Ren (Bloomberg) Stubbornly high shipping expenses for businesses are getting sealed into contracts for the next 12 months, forcing companies to pass the extra costs on to consumers....
One of the world’s largest containerships docked at the EUROGATE Container Terminal in Wilhelmshaven, Germany on Monday during its maiden voyage from China to Northern Europe.
The 21,413 TEU OOCL Germany was constructed at the Samsung Heavy Industries in Geoje, South Korea and delivered to OOCL in August. It is the second of six 21 thousand TEU class vessels on order at the shipyard. The first in the series, OOCL Hong Kong, delivered in May, was the first containership ever to break the 21,000 TEU mark.
EUROGATE employees welcomed the arrival of the OOCL Germany by arranging containers on the container stowage area to form the number “21,413”.
“Although we are in the meantime witnessing the world’s largest container vessels at Wilhelmshaven on a weekly basis, each occasion is still something very special,” says Mikkel Andersen, Managing Director of EUROGATE Container Terminal Wilhelmshaven.
The OOCL Hong Kong called at the terminal on July 2.
The OOCL Germany serves the Asia-Europe trade on operates on the Ocean Alliance’s Asia-North Europe Loop 1 (LL1) service. Her port rotation is: Shanghai / Ningbo / Xiamen / Yantian / Singapore / via Suez Canal / Felixstowe / Rotterdam / Gdansk / Wilhelmshaven / Felixstowe / via Suez Canal / Singapore / Yantian / Shanghai in a 77-day round trip.
Join the 67,709 members that receive our newsletter.
Have a news tip? Let us know.