Ningbo Ocean recently announced an investment of $278 million to build four 4,300 TEU new container ships, currently selecting a shipyard through a bidding process. The company has also placed an order for four 2,700 TEU ships with Huangpu Wenchong, expected to be delivered in 2027. This initiative will enhance its global capacity and market competitiveness.
Container yards (CY) are crucial facilities for ocean carriers to deliver and receive containers, ensuring they arrive on time for smooth loading onto ships. Understanding the operations of container yards helps businesses optimize transportation costs and ensures stability and efficiency in supply chain management.
This article provides a clear and accessible explanation of the concept of "container slot" in container terminals and its composition. It details a five-step process using "Zone", "Block", "Bay", "Row", and "Tier" to locate containers. Furthermore, it introduces the container slot representation method on container ships, helping readers quickly understand the "home guide" for containers. This aims to demystify the container slot system for a broader audience.
Cathay Cargo successfully airlifted 10 Terracotta Warriors and over 200 cultural artifacts from Xi'an to Australia for a significant exhibition. With professional monitoring and efficient transportation throughout the journey, the artifacts arrived safely, showcasing Cathay Cargo's expertise and commitment to cultural heritage.
Evergreen Marine has invested $3.25 billion to order 11 ultra-large LNG dual-fuel container ships, showcasing its foresight in the green transformation of shipping. In collaboration with Hanwha Ocean and Guangzhou Shipyard International, the company emphasizes environmental protection and economic efficiency.
Kosrae Island, located in Micronesia, is a small island where natural beauty and maritime development blend harmoniously. Kosrae Port handles 3-5 container ships monthly, supporting the development of agriculture, fisheries, and tourism on the island. While the economic structure requires adjustment, Kosrae Island showcases significant potential for growth.
With the surge in global container demand, the ship leasing market is booming, and international shipping companies are increasingly focusing on domestic container vessels in China. Companies like CMA CGM and X-Press Feeders are leasing domestic ships, indicating a rising trend in rental prices. The market is expected to remain elevated, potentially experiencing an extended peak season. Flexible capacity allocation within the industry will provide competitive advantages for all parties involved.
CMA CGM has announced that its 9,300 TEU container ship 'Phoenix' will be re-flagged as an American vessel, initiating a plan to expand its American fleet to 30 ships over the next four years. This strategic move aims to enhance domestic shipping capabilities and strengthen trade links with the South Asian market.
Xiamen Port, located on the western shore of the Taiwan Strait, is an important integrated transportation hub in coastal China with a rich history. It has the capability to support large container ships and is continuously modernizing its facilities. With multiple shipping routes connecting globally, Xiamen Port is becoming a key player in maritime logistics.
MSC has introduced its first 24,000 TEU super container ship to Africa, marking a new chapter in West African shipping history. This initiative aims to enhance regional trade connectivity, boost local economic development, and demonstrate MSC's long-term commitment to the African market.
