UASC, APL, Hanjin add the most capacity in the past year
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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 carrier, added 31,000 TEUs of capacity or 22 percent for a current total of 175,000 TEUs. APL, fifth-largest, added 65,000 TEUs or 13 percent for a total of 547,000 TEUs. Hanjin, 10th-largest, added 38,000 TEUs or 10 percent for a total of 411,000 TEUs.
On the other side, MOL (12th-largers) and OOCL (13th) both shed 10 percent of their capacities — 37,000 and 35,000 TEUs, respectively. Evergreen, the world’s fourth-biggest line, shed 59,000 TEUs or 9 percent of its capacity. Hapag-Lloyd and COSCO Container Lines, both in the top 10, also shed capacity, while most other lines added a nominal amount of capacity.
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Loading- China port throughput slips 2.6% in October
- China harbors October throughput down 2.6% to 10.78 million TEUs
- Hanjin, Maersk Lines run at idle fleet
- Supplies to keep sailing
- Malaysian ports increased container throughput of 10% in 2nd Quarter
- Nehru Port boxes by 7 percent
- Bohai Rim help compensate for volume losses COSCO Ports
- High increase in traffic in Phnom Penh next port
- Singapore box numbers by 2.5% in August
- HK-box volume by 16% in third quarter
- Shanghai can be seen falling 14%, in TEUs
- Port Klang container volume down
- Box Fleet Growth Hits Ten Year Low
- New Saudi Shipping Terminal to attract trade
- New Saudi Shipping Terminal to attract trade
China’s ports saw a 2.6 percent year-on-year decrease in container traffic in October, handling 10.78 million TEUs, according to Transport Ministry date, reported All data Processing. Container traffic at sea ports totalled 9.67 million TEUs, slipping 2.7 percent on the year. The port of Shanghai recorded the biggest volume but also the
China’s ports saw a 2.6 percent year-on-year decrease in container traffic in October, handling 10.78 million TEUs, according to Transport Ministry date, reported All data Processing. Container traffic at sea ports totalled 9.67 million TEUs, slipping 2.7 percent on the year. The port of Shanghai recorded the biggest volume but
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
There will be close to three million TEUs of excess capacity by the end of next year, according to experts. They predict excess box capacity will persist till 2013
Malaysian ports handled 10 percent more containers in the second quarter of the year compared to the first, reflecting a recovery in both domestic and transhipment cargo, the Business Times reported. Container traffic at the 10 major ports rose to 3.79 million TEUs from 3.44 million in the periods reviewed. Transhipment traffic,
Container throughput at India’s largest container port, Jawaharlal Nehru, fell 7 percent in the April-July period compared with a year ago, amid the continuing slump in the country’s foreign trade. Box traffic during the first four months of fiscal 2009-10 declined to 1.13 million 20-foot equivalent units from 1.4 million TEUs,
Hong Kong-based terminal operator COSCO Pacific saw volume at 20 global ports in which it has stakes fall 4.8 percent in August, to 3.9 million TEUs. For the year, the company’s volume has fallen 7.7 percent, to 27.9 million TEUs. COSCO’s terminals in Qingdao and Dalian in northeastern China continued to
Shipments through Phnom Penh Autonomous Port were up for the fourth straight month in October, Xinhua reported. The port handled 3,682 TEUs last month, 8.61 percent more than the 3,390 TEUs handled in October 2008. Container throughput grew 22.7 percent year on year in September to 4,484 TEUs, and 22.65 percent
Container throughput continued to rise by 2.5 percent month-on-month to 2.28 million TEUs last month in Singapore, although the slower rate of increase from the 5.6 percent rise the preceding month seems to suggest that the sector’s recovery is reaching a plateau, the Shipping Times reported. And this was moreover still
Hong Kong port handled 5.6 million TEUs of containers in the third quarter, down 16 percent over last year, with laden containers at 4.8 million TEUs, down 13 percent, and empty containers at 0.8 million TEUs, down 28 percent. Hong Kong saw total port cargo throughput fall to 64.4 million tonnes
Shanghai’s container throughput this year may drop 14 percent from 2008 to around 24 million TEUs according to preliminary estimates, the Shanghaiy Daily reported. The city’s container traffic is expected to be lower than last year’s 28 million TEUs, Wang Hongquan, vice director of Shanghai Transport and Port Authority, said. Shanghaiy’s
Container traffic through Port Klang, the country’s busiest container port, fell by 8.3 per cent last year, as the global economic downturn continues to hurt the country’s exports, Business Times reported. The port handled 7.3 million TEUs, compared with 7.9 million TEUs in 2008. In terms of tonnage handled, traffic through
The world container ship fleet grew at the slowest rate in ten years in 2009 as nearly one out of eight vessels is laid-up. The cellular containership fleet is expected to grow by only 6.1 percent in 2009, according to Alphaliner — the slowest growth rate recorded by the Paris-based
A new $530 million terminal in Saudi Arabia’s main shipping hub will ease congestion and help lure back trade which had gone to other ports in the past few years, a senior executive said. Aamer Alireza, chief executive of Red Sea Gateway Terminal Co., said the 2 billion riyal facility
A new $530 million terminal in Saudi Arabia’s main shipping hub will ease congestion and help lure back trade which had gone to other ports in the past few years, a senior executive said.
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