This issue we are very pleased to bring you coverage of the Payload Asia Awards 2014, which saw months of preparation, nomination, voting and judging, culminating in a gala evening of fine wine and food, great networking and camaraderie, not forgetting the awards giving of course. You can read more on this year’s winners, including photos and quotes from a sampling of the winners on not just the awards, but their outlook on the market for the coming months of the new year which is … [Read more...] about Celebrating excellence
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Hapag-Lloyd-CSAV merger is 4th largest container liner
Hapag-Lloyd and the Chilean Compañía Sud Americana de Vapores (CSAV) are joining forces, by merging CSAV´s container business activities into Hapag-Lloyd, becoming the fourth-largest liner shipping company in the world. The corresponding contracts for the merger of the two companies were signed back in April in Hamburg. With approval from all the relevant global authorities all condition precedents were fulfilled. The merger of Hapag-Lloyd AG with the container business … [Read more...] about Hapag-Lloyd-CSAV merger is 4th largest container liner
Asia-Europe container volumes continue upward trend
CLARKSON Research's Container Intelligence Monthly predicts mainlane trade volumes on the Asia-Europe headhaul route will grow seven per cent to 15.6 million TEU in 2015, after the tradelane recorded 8 per cent year-on-year growth in the first nine months of this year. The increase follows an uptick in volumes in the second half of 2013, with northern European imports giving the strongest performance. Volume growth on the transpacific lanes was slower at 5.6 per cent in the first nine months … [Read more...] about Asia-Europe container volumes continue upward trend
Cosco Wins US$30M Livestock Carrier Contract
Singapore-based Cosco Group has through its subsidiary Cosco (Guangdong) Shipyard Co., Ltd., secured a contract worth US$30 million to build one 4,500 square metre livestock carrier for an unnamed European client. The vessel is scheduled for delivery in the second quarter of 2016. Additionally, the ship owner has an option to contract Cosco to construct a vessel of similar characteristics within six months. … [Read more...] about Cosco Wins US$30M Livestock Carrier Contract
Evergreen increases Asia-East Africa routes
To offer a more comprehensive service on the Asia-East Africa trade, Evergreen Line will adjust its existing AEF joint service and enter into a slot exchange agreement with CMA CGM and Emirates Shipping Line on their ASEA service. Both moves will take effect in December. Evergreen said that this increased cooperation with service partners will double its sailing frequency on the Asia - East Africa trade to twice weekly, one dedicated to Mombasa (Kenya) and the other one to Dar es Salaam … [Read more...] about Evergreen increases Asia-East Africa routes
Seaspan takes delivery of sixth 10000 TEU SAVER
Seaspan Corp. accepted delivery of a 10000 TEU containership, the MOL Breeze. The new containership, which was constructed at Jiangsu New Yangzi Shipbuilding Co., Ltd., is Seaspan's sixth 10000 TEU SAVER design containership delivered in 2014. This is the ninth 10000 TEU vessel using Seaspan's fuel-efficient SAVER design constructed at Yangzijiang. The MOL Breeze will commence an eight-year, fixed-rate time charter with Mitsui O.S.K. Lines Ltd. (MOL). The ship is the third of a total of five … [Read more...] about Seaspan takes delivery of sixth 10000 TEU SAVER
