Pacific Tycoon
Blog / Jul 2012
Global Ship Lease, Inc. recently announced that it has signed new time charters with French shipping line, CMA CGM, for two 4,113 twenty-foot equivalent unit (TEU) containerships. Starting in September of this year, the Ville d’Aquarius and the Ville d’Orion will be leased out at a rate of $9,962 per day on eight-month charters. Ian [...]
The Port of Seattle is in the shipping forefront after recent happenings at the port. Firstly, Maersk Line has renewed their existing agreement with the Port of Seattle and will continue to call at SSA’s Terminal 18. As part of Maersk’s TP9 service, a joint operation with CMA-CGM, the shipping line will continue to run [...]
Samudera Shipping Line released their second quarter results financial statement earlier this week, and an increase in container volume has propelled the company to a $7.5 million profit in Q2. During the period, group revenue grew to $129.5 million, an 11% increase from the $116.6 million earned during the same time in 2011. Additionally, Samudera [...]
South African port operator Transnet Port Terminals (TPT) will soon be acquiring a new custom-built pneumatic ship unloader to be used at Richards Bay, South Africa’s largest bulk export facility. The ship unloader is part of Richards Bay Terminal’s R3 billion ($356 million) equipment replacement program to improve capacity, equipment reliability, and service delivery. Victor [...]
A new cargo handling record was set in India recently, as Port Pipavav handled 14 container trains in just one day. In 2009, the port was handling 3-5 trains per day, but has steadily grown since then, and handled 197 container trains in June 2012. During the 2010 calendar year, container volumes grew 45% [...]
Keppel Kazakhstan LLP (Keppel Kazakhstan) recently secured a contract from Teniz Burgylau LLP (Teniz Burgylau), a subsidiary of JSC NC “KazMunayGas” (KazMunayGas) of Kazakhstan, for a KFELS B Class jackup rig worth US$242 million. The rig is scheduled to be delivered in the first quarter of 2015 and will be deployed in the Caspian Sea. [...]
The Raise the Roadway project at the Bayonne Bridge is six months ahead of schedule according to a press release from the Port Authority. As part of the project, the bridge’s deck will be removed, allowing for the larger post-Panamax ships to dock at the Port of New York and New Jersey once the Panama [...]
Last month, Weiss-Röhlig began offering a direct shipping connection from Shanghai to Santos in Brazil. The service is offered as part of the strategic alliance between Gebrüder Weiss and Röhlig Logistics that connects the ever-growing economies of China and Brazil. Vojislav Jevtic, Global Product Manager for Seafreight at Gebrüder Weiss Air & Sea, said, ”The [...]
The Port of Sept-Îles, in eastern Quebec, announced earlier this year on its website that the Canadian federal government agreed to contribute up to $55 million towards the construction of the port’s new multi-user dock. The dock is expected to be completed over a period of 18 to 24 months and will cost a total [...]
Hapag-Lloyd, based out of Germany, and one of the world’s largest shipping lines, is celebrating the 120-year anniversary of the company’s servicing of Canada. This summer will mark the occasion when the steamer, ‘Cremon’ set sail for Montreal in 1892. Presently, Hapag-Lloyd offers eleven services in and out of Canada, connecting the country to Europe, [...]
