Maersk Line and Hanjin Shipping are the two most active idlers of containership capacity by volume, according to the maritime news service Alphaliner. In a report,

Alphaliner said Maersk has nearly 132,000 TEUs of capacity shelved,
while Hanjin has 103,000 TEUs idled. However, given that Maersk’s fleet
is more than four times the size of Hanjin (in terms of container
slots), the Korean carrier has a much higher percentage of its capacity
idled (23.8 percent) than Maersk (6.4 percent).

Rounding out the top five of the biggest idlers are “K” Line, Zim and
Hyundai Merchant Marine. Those three are all outside of the top 10 in
terms of capacity, making the percentage of capacity they’ve laid up
all the more significant.

Only MISC Berhad, which recently dropped out of the Asia/Europe trade
lane, is idling a higher percentage of its fleet than Hanjin. MISC has
laid up 41.6 percent of its fleet, but the Malaysia-based carrier is no
longer one of the world’s top 20.

Overall, 11.6 percent of the global fleet is idled, representing 1.5 million TEUs.

Source: American Shipper

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• UASC, APL, Hanjin add the most capacity in the past year

     UASC, APL and Hanjin Shipping have been the most active in adding fleet capacity among the world’s top 20 liner carriers over the past 12 months, according to a report by the maritime consultant Dynamar. Dynamar reported capacity changes in fleets since October 2008 in its Dynaliners newsletter. UASC, the 20th-largest

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• Wan Hai, Hanjin cooperate on trans-Pacific service

    Wan Hai Lines and Hanjin Shipping will be cooperating in the Transpacific trade effective middle of March. SJX (South East Asia – Japan Express) service, launched by Hanjin Shipping last June, is a direct service between Vietnam and the US targeting the Vietnamese and South East Asian markets, which are

• Maersk Line / Horizon Lines by the end of TP1 Slot Charter Agreement

     The slot charter agreement between Horizon Lines and Maersk Line on the Trans-Pacific 1 (TP1) service will cease in December 2010. This weekly service currently calls Yantian, Xiamen, Kaohsiuing, Los Angeles, Oakland, Honolulu and Guam. Horizon Lines operates five vessels in this service.

• CKYH leading super slow steam

    Container alliance CKYH has reached a collective decision to seriously cut back the speeds of its boxships. Announced by COSCO’s Capt Wei Jiafu towards the end of this year’s World Shipping Summit, the alliance, which also includes “K” Line, Yang Ming and Hanjin, will adopt super slow steaming, an initiative

• Relax Box trading by the end of 2010, said Hanjin

     Container shipping firm Hanjin Shipping, one of the top three operators on the key Asia-US route, expects the downturn-hit industry to recover by late next year, chairman Choi Eun-Young said. Hanjin Shipping is set to see its losses narrow next year, she told Reuters, without elaborating. The global shipping industry, hit