Tuesday, November 14, 2017
yang ming container ship
Maritime News

Yang Ming Said to Be Set to Order Mega-Containerships

By Mike Wackett (The Loadstar) – Less than a week after Taiwanese container line Yang Ming reported its first net profit in 10 quarters, media today reported that the carrier...

November 14, 2017
Total Views: 36

Monday, November 13, 2017
Maritime News

WinGD Engines to Power CMA CGM’s Record-Setting, LNG-Fueled ‘Mega’ Containerships

With the cat now out of the bag on CMA CGM’s plan to use cleaner-burning liquefied natural gas to power its nine record-setting 22,000 “mega” containerships, we’re now learning more...

November 13, 2017
Total Views: 35

Wednesday, November 8, 2017
MSC OSCAR
News

New-Generation ‘Megaships’ Could Come In at Over 23,000 TEU

By Mike Wackett (The Loadstar) – Nine 22,000 teu vessels on order for CMA CGM and 11 22,000 teu ships for MSC could end up with capacity of 23,500 teu...

November 8, 2017
Total Views: 113

Thursday, October 26, 2017
Maritime News

South Korean Shipyards in Tough Battle with Undercutting Chinese Rivals

By Mike Wackett in Busan (The Loadstar) – South Korean shipyards are in a battle with Chinese rivals, over construction of ultra-large container vessels, that they cannot win. That was...

October 26, 2017
Total Views: 8

Tuesday, October 24, 2017
News

Ultra-Large Containerships Seen Dominating Asia-Europe Trade in 2020’s

By Gavin van Marle (The Loadstar) – The Asia-North Europe trade will be almost entirely operated by ultra-large container vessels (ULCVs) during the course of the next three years. But this...

October 24, 2017
Total Views: 34

Wednesday, October 4, 2017
News

Lack of Ultra-Large Containerships Could Cost THE Alliance Members

By Mike Wackett (The Loadstar) – THE Alliance could find itself on the wrong side of a $500 per teu cost differential on the key Asia-North Europe trade due to its...

October 4, 2017
Total Views: 10

Thursday, September 21, 2017
MSC OSCAR
Interesting

MSC Confirms Order for Eleven 22,000 TEU Containerships

On the heels of CMA CGM’s order for nine record-breaking 22,000 TEU containerships, Mediterranean Shipping Company has confirmed it has placed its own order for eleven new vessels each with...

September 21, 2017
Total Views: 30

Wednesday, September 20, 2017
cma cgm containerships
Interesting

CMA CGM Signs Shipbuilding Contracts for Nine Record-Breaking 22,000 TEU Containerships

French shipping company CMA CGM has signed shipbuilding contracts for its nine 22,000 TEU Ultra Large Container Vessels (ULCVs) with state-run China State Shipbuilding Corporation (CSSC) Group. The nine vessels...

September 20, 2017
Total Views: 57

Tuesday, September 5, 2017
News

First Ultra-Large Containership Visits U.S. East Coast Ports

The 14,414 TEU CMA CGM Theodore Roosevelt has set a new record as the largest capacity containership to ever visit the U.S. east coast after calling at the ports of...

September 5, 2017
Total Views: 45

Wednesday, August 30, 2017
MSC OSCAR
News

No Fears of Capacity Glut if MSC Confirms Megaship Order, Says Alphaliner

By Mike Wackett (The Loadstar) – MSC is reportedly finalising an order for 11 22,000 teu ships, joining CMA CGM in reactivating the orderbook for ultra-large container vessels (ULCVs), according to...

August 30, 2017
Total Views: 42

Thursday, August 24, 2017
News

When More Megaships Arrive, Will the Party Be Over for Ocean Carriers?

By Mike Wackett (The Loadstar) – At least two Asia and Europe loops will need to be closed in the fourth quarter of the year, or sailings blanked, to avoid...

August 24, 2017
Total Views: 5

Tuesday, August 15, 2017
Interesting

WATCH: AIS Animation Shows CSCL Jupiter Grounding and Salvage

Check out this animation from Genscape Vesseltracker showing the AIS track of the 366-meter containership CSCL Jupiter when it ran aground on Monday in the Scheldt river near Antwerp.  The video...

August 15, 2017
Total Views: 245

Accidents

Another Megaship Grounding Pushes Salvors to Their Limits

By Mike Wackett (The Loadstar) – Another ultra-large container vessel has run aground in North Europe, again raising questions about the ability of salvage facilities to tackle a major incident involving...

August 15, 2017
Total Views: 117

Thursday, August 3, 2017
mol comfort disaster
Maritime News

Insurers Grow Anxious as Containerships Get Bigger and Cargo More Valuable

By Mike Wackett (The Loadstar) – With CMA CGM reportedly ready to sign a letter-of-intent for nine ultra-large container vessels (ULCVs) of 22,000 teu, insurers are becoming increasingly concerned that...

August 3, 2017
Total Views: 230

News

CMA CGM Preparing Order for 22,000 TEU Containerships -Reports

CMA CGM is rumored to be on verge of placing a massive order for the construction of up to nine 22,000 TEU containerships, which if built would be the largest...

August 3, 2017
Total Views: 21

Tuesday, June 27, 2017
Maritime News

Growing ULCV Fleet to Cause ‘Catastrophic Economic Failure’ Among Some Terminals, Warns Analyst

By Gavin van Marle in Amsterdam (The Loadstar) – Major container ports could be facing an investment crisis that will dwarf the problems seen in liner shipping over the last...

June 27, 2017
Total Views: 22

Thursday, May 18, 2017
madrid maersk triple-e
Maritime News

Are Carriers Finally Getting Containership Capacity Crisis Under Control?

By Gavin van Marle (The Loadstar) – Container shipping lines may be finally getting the vessel overcapacity crisis under control. It was revealed today that the newbuild orderbook-to-fleet ratio is...

May 18, 2017
Total Views: 7

Monday, May 15, 2017
Interesting

OOCL Hong Kong Breaks 21,000 TEU Mark, Becoming ‘World’s Largest Containership’

Less than two months after the MOL Triumph earned the title of the world’s largest containership by carrying capacity as the first ship to cross the 20,000 TEU mark, a...

May 15, 2017
Total Views: 313

Thursday, May 11, 2017
MOL Triumph
News

First 20,000 TEU ‘Megaship’ Docks in UK

The 20,170 teu MOL Triumph became the largest ship to ever visit the UK when it docked at the port of Southampton earlier today. MOL Triumph is the first in a...

May 11, 2017
Total Views: 24

Wednesday, May 10, 2017
MSC Oscar
News

Shippers Squeezing Margins ‘Pushed Carriers Toward Bigger Ships and Alliances’

By Alex Lennane (The Loadstar) – Container shipping lines yesterday shrugged off accusations that bigger ships and alliances would lead to less choice and less supply chain resilience, and argued...

May 10, 2017
Total Views: 2