Alphaliner Newsletter no 10 - 2017 Newsle… · Volume 2017 Issue 10 01.03.2017 to 07.03.2017 0 100,000 200,000 300,000 400,000 500,000 600,000 700,000 Sep-2016 Nov-2016 Jan-2017

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Curtains fall on Hanjin Shipping as last ship is sold

The name Hanjin will disappear from the annals of container shipping as the

last vessel under carrier’s name, the 5,302 teu HANJIN ROME, was sold in a

sheriff’s sale in Singapore on 1 March. The ship, which had been under arrest

since 29 August, departed from Singapore on 2 March and is currently on its

way to Chittagong for scrapping.

All of the 97 containerships that were operated by Hanjin Shipping at the time

of its filing for receivership on 31 August 2016, with an aggregate capacity of

617,000 teu, have now been sold, returned to their owners or recovered by

creditors. This marks the end of Hanjin’s involvement in container shipping,

after a 40 year history that begun in 1977.

Over the course of a chequered career that mirrored the growth of Korea as a

global manufacturing and shipbuilding powerhouse, Hanjin climbed to become

the world’s third largest container carrier in 1997, following its acquisition of a

controlling share in DSR-Senator. Hanjin remained a top 10 carrier for most of

its history, although it dropped to position number nine in the global carrier

rankings in 2016, in the face of cut-throat competition.

Hanjin’s sudden departure has left a vacuum in the market and most of its

ships were unable to find any gainful employment during the six months period

that followed the cessation of regular liner operations. As at 7 March, 48 of the

aforementioned 97 ships formerly operated by Hanjin, for a total capacity of

389,300 teu, remain idle. A recent wave of fixtures and resale transactions will

INSIDE THIS ISSUE:INSIDE THIS ISSUE:INSIDE THIS ISSUE:INSIDE THIS ISSUE:

Obituary : Hanjin ShippingObituary : Hanjin ShippingObituary : Hanjin ShippingObituary : Hanjin Shipping 1111

Corporate UpdatesCorporate UpdatesCorporate UpdatesCorporate Updates Zim swings into the black in fourth quar-ter

3333

Service UpdatesService UpdatesService UpdatesService Updates Evergreen to add new China Indonesia Thailand service

CNC to add China-Malaysia service GSL to add new dedicated China-Philippines service

MOL introduces a faster Vietnam Japan connection

Maersk to add direct calls at Wewak and Madang in Papua New Guinea

ANL will start monthly calls into Kimbe in Papua New Guinea

4444

Deliveries/Vessel UpdatesDeliveries/Vessel UpdatesDeliveries/Vessel UpdatesDeliveries/Vessel Updates February/March deliveries

7777

Port and Terminal UpdatesPort and Terminal UpdatesPort and Terminal UpdatesPort and Terminal Updates 9999

The newsletter is available upon subscription. Please contact [email protected] for subscription enquiries.

Chart of the week

Hanjin Shipping Containership Fleet - The last six months

Web: www.alphaliner.com | E-mail: [email protected] | Sales: [email protected]

ALPHALINER Weekly Newsletter

Volume 2017 Issue 10

01.03.2017 to 07.03.2017

0

100,000

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Sep-2016 Nov-2016 Jan-2017 Mar-2017

Ca

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Capacity under Hanjin control

Idle ex Hanjin ships

ALPHALINER

• All of the 97 containerships oper-

ated by Hanjin on 31 August 2016 have been sold or returned to their owners.

• Of these, 44 units with a total capac-

ity of 202,700 teu have secured new employment since September.

• Five ships have been sold for scrap,

including three units owned by Han-jin and two vessels owned respec-tively by Seaspan and Conti. Capac-ity of the scrapped ships totals at only 25,000 teu.

• 48 container ships, with a total ca-

pacity of 389,300 teu, are currently unemployed. However, a significant number of the idle ships will be re-activated over the next two months and the count is expected to drop to fewer than 20 units by mid-May.



ALPHALINER WeeklyWeeklyWeeklyWeekly 2017 Issue 10

however lead to numerous vessel re-activations in the coming two

months, as carriers set up their new networks and partnerships, inte-

grating a capacity increase ahead of the summer peak season.

At least 24 units totalling 213,000 teu are to resume activity within

the next two months, based on Alphaliner’s forecasts. Among these

are six 13,102 teu ship slated to join Maersk and MSC in the coming

weeks, as well as eight 6,655 teu units acquired by SM Line in Janu-

ary. Five of the SM Line ships will join the new Far East-USWC ‘CPX’

service due to start in mid-April, while three other ships are yet unas-

signed.

List of former Hanjin Shipping ships currently idle

Vessel Name TEU Built Owner New Name New Deployment Status as at 7 Mar HANJIN SOOHO 13,102 2012 HSH Bank MAERSK EUREKA to join Maersk idle Qingdao HANJIN AMERICA 13,102 2012 HSH Bank MAERSK ENSHI to join Maersk idle Hong Kong HANJIN ASIA 13,102 2012 HSH Bank MAERSK EDIRNE to join Maersk idle Hong Kong HANJIN EUROPE 13,102 2012 HSH Bank MSC TOPAZ to join MSC idle Rotterdam HANJIN GREEN EARTH 13,102 2013 HSH Bank MSC PERLE to join MSC idle Fujian HANJIN GOLD 13,102 2013 HSH Bank MSC RUBY to join MSC idle Rotterdam HANJIN GREECE 10,114 2011 Danaos EXPRESS ATHENS to join OOCL idle Ningbo HANJIN ITALY 10,114 2011 Danaos EXPRESS ROME to join OOCL idle Ningbo HANJIN GERMANY 10,114 2011 Danaos EXPRESS BERLIN to join Yangming GR Ningbo HANJIN BUDDHA 10,010 2014 Seaspan SEASPAN GANGES to join Hapag-Lloyd GR Ningbo HANJIN TABUL 10,010 2014 Seaspan SEASPAN ZAMBEZI to join Hapag-Lloyd GR Ningbo HANJIN GWANSEUM 10,010 2015 Seaspan/GCI SEASPAN HUDSON to join MOL idle Ningbo HANJIN BOSAL 10,010 2015 Seaspan/GCI SEASPAN ELBE to join OOCL GR Ningbo HANJIN AMI 10,010 2014 Seaspan/GCI SEASPAN AMAZON idle Ningbo HANJIN JUNGIL 10,010 2014 Seaspan/GCI SEASPAN THAMES GR Ningbo HANJIN SPAIN 9,954 2011 JOS Shipping (BNP Paribas) TBD idle Gilbraltar HANJIN NETHERLANDS 9,954 2011 JOU Shipping (BNP Paribas) TBD idle Busan HANJIN UNITED KINGDOM 9,954 2011 JOT Shipping (BNP Paribas) TBD idle Hong Kong HANJIN KOREA 9,954 2010 JOQ Shipping (BNP Paribas) TBD idle Gilbraltar HANJIN CHINA 9,954 2011 JOR Shipping (BNP Paribas) TBD idle Hong Kong HANJIN CZECH 9,030 2015 Ciner CZECH idle Shanghai HANJIN HAMBURG 8,586 2011 JOY Shipping (BNP Paribas) TBD idle Busan HANJIN LONG BEACH 8,586 2010 JOV Shipping (BNP Paribas) TBD idle Hong Kong HANJIN ROTTERDAM 8,586 2011 JOX Shipping (BNP Paribas) TBD idle Hong Kong HANJIN NEW YORK 8,586 2011 JOZ Shipping (BNP Paribas) TBD idle Busan HANJIN SEATTLE 8,586 2011 JOW Shipping (BNP Paribas) TBD idle Hong Kong HANJIN YANTIAN 7,471 2005 Conti Reederei CONTI LE HAVRE idle Busan HANJIN DALLAS 7,471 2005 Conti Reederei CONTI VENICE idle Busan HANJIN MIAMI 7,471 2005 Conti Reederei CONTI VANCOUVER idle Miami HANJIN BALTIMORE 7,471 2005 Conti Reederei CONTI SAVANNAH idle Ningbo HANJIN SHENZHEN 6,655 2008 JOG Shipping (BNP Paribas) TBD sold to SM Line idle Gilbraltar HANJIN MUMBAI 6,655 2007 JOF Shipping (BNP Paribas) TBD sold to SM Line idle Hong Kong HANJIN CHONGQING 6,655 2008 JOH Shipping (BNP Paribas) TBD sold to SM Line idle Miami HANJIN BUDAPEST 6,655 2006 Ref 2 Shipping TBD sold to SM Line idle Busan HANJIN PORT KELANG 6,655 2006 Ref 3 Shipping TBD sold to SM Line idle Busan HANJIN TIANJIN 6,655 2006 Ref 4 Shipping TBD sold to SM Line idle Busan HANJIN BREMERHAVEN 6,655 2006 Ref 1 Shipping TBD sold to SM Line idle Busan HANJIN XIAMEN 6,655 2007 Ref 5 Shipping TBD sold to SM Line idle Busan HANJIN WHITE 4,662 2014 KOC Shipping (BNP Paribas) I WHITE idle Busan HANJIN INDIGO 4,662 2013 KOA Shipping (BNP Paribas) I INDIGO idle Busan HANJIN SCARLET 4,662 2013 KOB Shipping (BNP Paribas) I SCARLET idle at Vancouver HANJIN KINGSTON 4,275 2008 JOM Shipping (BNP Paribas) SEASPAN KENYA to join Zim idle Hong Kong HANJIN MONACO 4,275 2009 JOP Shipping (BNP Paribas) SEASPAN MOURNE to join Simatech idle Hong Kong HANJIN GDYNIA 4,275 2009 JOO Shipping (BNP Paribas) SEASPAN GROUSE idle Hong Kong

HANJIN LOUISIANA 3,614 2013 Zodiac LOUISE to join MOL idle Singapore

SFL EUROPA 1,730 2003 Ship Finance Intl SFL EUROPA Was detained in Ctg. Left on 2 Mar

HANJIN HO CHI MINH 1,713 2008 Doun Kisen TBD Detained in Chittagong

ORION 1,647 1997 Alpha Ship ORION idle Dubai




Zim swings into the black in fourth quarter

Zim has reported a net profit of $2.9 M in the fourth quarter of 2016,

its first positive quarter since 3Q 2015. However, full year net profits

were still negative at $168.3 M, while its total equity remained in

deficit with a negative balance of $101 M at the end of 2016, com-

pared to a positive balance of $79 M in December 2015.

“In spite of the very challenging market conditions in 2016, our results contin-ued to improve, with a net profit in Q4 2016 and an increase in carried TEUs. The results were achieved through a successful efficiency plan and costs reductions implemented at all levels in Zim. We continue to improve Zim’s network and to react rapidly to chang-ing market conditions. Starting April 2017, in response to the changes in the alliances’ setup, Zim will introduce an upgraded, efficient new network, with new services in the Asia-America, Asia-Med and Med-America trades, offering high quality services to our customers. We operate as an independent, global niche carrier, with emphasis on high level customer service and focus on select markets where Zim has a com-petitive advantage.”

Rafi Danielli President & CEO, Zim

CORPORATE UPDATES

1Q 2016 2Q 2016 3Q 2016 4Q 2016 FY 2016

Revenue US$ m 630 612 644 654 2,539

EBITDA 8 -16 11 44 47

EBITDA Margin % 1.3% -2.6% 1.6% 6.7% 1.8%

Core EBIT -16 -41 -14 17 -54

Core EBIT Margin % -2.5% -6.6% -2.2% 2.6% -2.1%

Net Profit -58 -75 -39 3 -168

TEU Operated (Ave.) 355,399 342,920 347,888 322,544 342,188

Liftings in '000 TEU 577 617 622 613 2,429

Ave. rate ($/TEU) 943 866 887 915 902

Currency

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-50

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Zim Net Profit & Operating Profit by Quarter

Net Profit Core EBIT

ALPHALINER

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Zim liftings and rates by Quarter : 2007-2016

TEU Ave Freight Rates0

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Zim : Capacity Operated 2009-2017

ALPHALINER

Despite its relatively weak financial po-sition, Zim says that it is committed to being a ‘Global Niche Carrier’, focusing on markets where it holds a competitive advantage. Zim’s strategy is based on maintaining a ‘substantial’ market share in its targeted trades while positioning itself as an independent carrier with a ‘flexible partnership approach’ as it will continue to operate outside of the three main global carrier alliances to be launched in April 2017.




Evergreen to add new China Indonesia Thailand service

Evergreen is to add a weekly service that connects China and Indone-

sia main ports and will also call at Laem Chabang, Thailand, on its

northbound leg.

This service, aptly named ‘China Indonesia Thailand service’ (CIT),

will cover Shanghai, Ningbo, Shekou, Surabaya, Semarang, Jakarta,

Singapore, Laem Chabang, Hong Kong, Shanghai. It will turn in four

weeks with four ships as yet unnamed. The first effective sailing is

planned on 27 March from Shanghai.

The ‘CIT’ will provide Evergreen with direct connections into Sema-

rang from China ports while adding a second loop connecting China

and the other two large ports in Indonesia - Surabaya and Jakarta. It

will also offer a direct connection between Indonesia ports and Laem

Chabang in Thailand.

It is still unclear whether partner carriers will participate in the ser-

vice alongside Evergreen or whether if it will be a solo operation.

CNC to add China-Malaysia service

Cheng Lie Navigation Co (CNC - the Intra Asia arm of CMA CGM) will

introduce a new China-Straits service dubbed 'PA1' through slot tak-

ing on the new butterfly service set up by COSCO and Yang Ming,

branded respectively as the ‘CSE’ and ‘PA2’.

CNC’s participation will be limited to the China-Malaysia wing of the

butterfly operation. CNC will cover Shanghai, Xingang, Qingdao,

Ningbo, Xiamen, Nansha, Singapore, Port Kelang, Penang, Port Ke-

lang, Hong Kong, Shanghai. The whole service turns in nine weeks

using nine ships of 4,200 teu. CNC’s first sailing is planned on 31

March from Shanghai on the COSCO ASHDOD.

The 'PA1' will be CNC’s first direct service between Xingang, Ningbo,

Xiamen and Malaysia. It will also strengthen the carrier’s presence at

Penang with a second weekly call, adding to the call offered with

CNC’s Korea-China-Malaysia 'KCM 2' service.

GSL to add new dedicated China-Philippines service

Gold Star Line (GSL – an associate company of Zim) is to offer in

March a dedicated China-Philippines service to be marketed as

‘China Philippine Express’ (CPX). It will be ensured through co-loading

on the China-Manila segment of the SITC ‘CPX 6’ service.

The service calls at Shanghai, Qingdao, Hong Kong, Manila (N + S),

Davao (SASA + DICT)*, General Santos*, Shanghai (* GSL will not be

involved on the Davao and General Santos calls in the Philippines). It

turns in three weeks using three ships of 1,700 teu. The first GSL

SERVICE UPDATES

Evergreen : CIT Service Details

China Indonesia Thailand

Vessels Deployed:

4 x TBN

Port Rotation

Shanghai, Ningbo, Shekou, Surabaya,

Semarang, Jakarta, Singapore, Laem

Chabang, Hong Kong, Shanghai

CNC : PA1 Service Details

Pan Asia 1 service

Vessels Deployed:

Slots on COSCO/YM service

Port Rotation

Shanghai, Xingang, Qingdao, Ningbo,

Xiamen, Nansha, Singapore, Port Ke-

lang, Penang, Port Kelang, Hong Kong,

Shanghai

GSL : CPX Service Details

China-Philippines Express

Vessels Deployed:

Slots on SITC

Port Rotation

Shanghai, Qingdao, Hong Kong, Manila

(N + S), (Davao, General Santos),

Shanghai




sailing is planned on 22 March from Qingdao on the WELLINGTON

STRAIT.

The ‘CPX’ will replace partially the coverage that GSL lost when it

stopped its slot participation on its existing ‘China Korea Philippine’

service (CKP) by mid-March.

MOL introduces a faster Vietnam Japan connection

MOL will offer a faster and more direct Vietnam-Japan connection in

April by introducing a new service advertised as 'PX1'.

It will be ensured through co-loading on NYK’s ‘Phoenix 1’ which

turns in three weeks, using three ships of 2,600 teu.

MOL will only be participating on the northbound leg of the service

that covers Cai Mep, Kobe, Tokyo, Tokyo, Shimizu, Nagoya, Tokyo,

Yokohama. The first planned sailing for MOL is on 5 April from Cai

Mep on the ACX CRYSTAL.

The 'PX1' will be MOL's third loop connecting Vietnam and Japan,

adding to MOL current ‘HSX’ service and to its slots on Wan Hai’s

‘JSV’ service.

SERVICE UPDATES

MOL : PX1 Service Details

Phoenix 1

Vessels Deployed:

Slots on NYK service

Port Rotation

Cai Mep, Kobe, Tokyo, Tokyo, Shimizu,

Nagoya, Tokyo, Yokohama

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Idle containership capacity and units idle : 2009-2017

Total Idle TEU Total no. of idle ships

ALPHALINER

Over 12,000

teu

14%

7,500-

11,999

24%

5,100-7,499

19%

3,000-5,099

25%

2,000-2,999

7% 1,000-1,999

8% 500-999

3%

Idle capacity breakdown by size range

(Feb 2017)

Corrective regarding issue 2017-09 Wan Hai will contribute three ships (not two as Alphaliner indicated last week) to the China-India 'CI2’ service, jointly operated with COSCO and Interasia. Wan Hai will add the 4,680 teu WAN HAI 515 to the 4,252 teu WAN HAI 502 and WAN HAI 507, already deployed on the six-ship service. The three other ships plying the service are provided by COSCO (two ships) and Interasia Lines (one ship). COSCO joins the service this month, filling the gap left by the departure of MOL and PIL.




PNG: Maersk adds direct calls at Wewak and Madang

Maersk Line will add direct calls at Madang and Wewak on the north-

ern coast of Papua New Guinea's mainland. The two calls will be

added to the carrier’s existing Papua New Guinea feeder service that

directly connects with Port Kelang in Malaysia, with Singapore and

with Jakarta in Indonesia, allowing connections with the Maersk Line

service network. Maersk so far served Madang and Wewak by tran-

shipment at Lae using the network of Consort Express Lines, a local

carrier from Papua New Guinea.

The Maersk service will henceforth cover Tanjung Pelepas, Port Mo-

resby, Noro, Lae, Madang, Wewak, Tanjung Pelepas. It will turn in 36

days with sailings offered every 18 days, using two chartered geared

ships of 1,118 teu, the HELMUTH RAMBOW and MCC SANDIWA (CV

1100). Rabaul and Kimbe continue to be serviced with domestic

coastal relay from Lae.

Apart from Maersk, shipping lines calling directly at Kimbe include

ANL (see below), Swire Shipping, Consort Express Lines and Bismark

Maritime. The former connects Kimbe with South East Asia ports on

its ‘SE Asia PNG service 1’ and the latter carriers are local carriers

connecting Kimbe with other Papua New Guinea ports.

ANL starts monthly calls at Kimbe, Papua New Guinea

ANL (a subsidiary of CMA CGM) will also start monthly calls at Kimbe

port in the West Britain province of Papua New Guinea. The Kimbe

call will be added to ANL’s existing Papua New Guinea feeder service

(APR) that directly connects with Port Kelang in Malaysia, with Singa-

pore and with Jakarta in Indonesia, allowing connections with the

rest of the ANL and CMA CGM service network. ANL so far served

Kimbe by transhipment on local third party services.

The ‘APR’ service covers Port Kelang, Singapore, Jakarta, Madang

(alt sailings), Lae, Kimbe/Rabaul (alt), Port Moresby, Port Kelang. It

turns in 30 days with sailings offered every 15 days, using two

geared ships of 1,600 teu, the MERKUR TIDE and FLORA DELMAS.

SERVICE UPDATES

ANL : APR Service Details

ANL Papua New Guinea service

Vessels Deployed:

2 x 1,600 teu

Port Rotation (15 days freq.)

Port Kelang, Singapore, Jakarta, Ma-

dang (alt sailings), Lae, Kimbe/Rabaul

(alt), Port Moresby, Port Kelang

Maersk : PNG Service Details

Papua New Guinea feeder service

Vessels Deployed:

2 x 1,100 teu

Port Rotation (18 days freq.)

Tanjung Pelepas, Port Moresby, Noro,

Lae, Madang, Wewak, Tanjung Pelepas

Our map shows the Papua New Guinea ports recently added by Maersk Line and by APL, respectively. Maersk has started calling at Madang and Wewak, both located on New Guinea Island, the ‘mainland’ of PNG. APL has added a monthly call at Kimbe. The port is located on the northern coast of New Britain, the island that separates the Bismarck Sea from the Solomon Sea.

ALPHALINER




The GLORY SHENGDONG (1,020 teu) is delivered

Shanghai Hai Hua (HASCO), a subsidiary of the state-owned Shang-

hai International Port Group (SIPG), has received the 1,020 teu

GLORY SHENGDONG. The vessel is the third of four ships ordered in

April 2014 at Tsuneishi Zhoushan Shipyard, a Chinese affiliate of the

Japanese Tsunseishi Group, which also controls shipyards at Numa-

kuma, Japan, and Cebu City in the Philippines.

The four newbuildings are part of a HASCO fleet expansion and re-

newal program that also includes two 1,003 teu vessels delivered in

2015 by Daesun Shipyard of South Korea.

The GLORY SHENGDONG started her maiden trip this week on

HASCO's Taicang - Shanghai - Japan (Kansai) shuttle. The GLORY

SHENGDONG follows the GLORY ZHENDONG, delivered in October.

HASCO’s four newbuildings are based on the 'Tsuneishi 1000' wide

beam design with an Loa of 143 m and a breadth of 22.60 m. Con-

trary to two earlier-built ships Kambara Kisen ships of the same type,

the four HASCO vessels are propelled by a fully electronically-

controlled MAN-B&W main engine (S50ME-B8.3, six-cylinder version).

This allows for enhanced speed flexibility and optimisation of fuel

consumption over a broader engine load range. The ships have a

maximum commercial speed of 18 knots.

Salam Pasific adds the SPIL HANA and SPIL HAPSRI (780 teu) to domestic network

Indonesian carrier Salam Pasific Indonesia Lines (SPIL) has taken in

charge two containerships of around 780 teu, the SPIL HANA and

SPIL HAPSRI.

Salam Pasific purchased the duo from Nanjing Dongze Shipyard of

China, for employment on its domestic routes out of Jakarta and Su-

rabaya, which cover around 17 Indonesian ports on a regular basis.

The SPIL HANA joined SPIL's network in January while the SPIL HAP-

SRI is currently on her way from China to Indonesia.

With an operated fleet of 31,300 teu, SPIL is among the five largest

Indonesian containership operators, according to Alphaliner records,

together with Samudera, Meratus Line, Tanto Intim Line and Temas

Line, which operate fleets ranging from 26,000 to 36,000 teu.

The next notable Indonesian operator of full container tonnage in the

Alphaliner carriers league is Caraka Tirta Perkasa with a total fleet of

6,200 teu. Numerous smaller Indonesian companies also offer do-

mestic container services.

DELIVERY/VESSEL UPDATES

Cellular Containership Deliveries February 2017

NameNameNameName TeuTeuTeuTeu OperatorOperatorOperatorOperator

MSC RIFAYA 19,472 MSC

MSC TINA 19,437 MSC

GUAYAQUIL EXPRESS 10,589 Hapag-Lloyd

KMTC LAEM CHABANG 1,785 KMTC

CAPE TAINARO 11,010 OOCL

DONGJIN VOYAGER 1,785 Dongjin Shg

TOKIWA 118 Imoto Lines

Cellular Containership Deliveries March 2017

NameNameNameName TeuTeuTeuTeu OperatorOperatorOperatorOperator

GLORY SHENGDONG 1,020 HASCO

SPIL HAPSRI 780 Salam Pasific

above: The 2013-built VEGA SKY is the lead vessel of the Tsuneishi 1000 se-ries of small gearless container ships. Note the ship’s vertical stem and the less pronounced bulbous bow.

Photo: Tsuneishi Shipyard




The TOKIWA (118 teu) is delivered - Joins Imoto Lines’ domestic network

Japan’s domestic container operator Imoto Lines has received the

118 teu cellular ship TOKIWA, built by Koike Shipbuilding of Hi-

roshima. The vessel has joined Imoto's domestic and feeder services

on 1 March at Kobe.

Imoto Lines’s services offer connections between around 30 Japa-

nese ports, including Tokyo, Yokohama, Nagoya, Osaka, Kobe, Chiba,

Hachinohe, Hakata, Hibiki, Hiroshima, Hososhima, Iwakuni, Kana-

zawa, Maizuru, Moji, Niigata, Oita, Omaezaki, Onahama, Otaru, Sa-

kaiminato, Sendai, Shibushi, Shimizu, Takamatsu, Tokushima, To-

yama, Toyohashi, Ube and Yokkaichi.

The ships cater for pure domestic (intra-Japan) cargoes as well as

providing local feeder services under Japanese flag for most of the

mainline operators that serve Japan.

The TOKIWA presents an Loa of 77 m for a breadth of 13 m. She

brings Imoto’s fleet to 24 containerships ranging from 118 to 540

teu in terms of capacity.


Above: The 118 teu TOKIWA on its maiden voyage to Kobe. The container deckload, including K-Line, Hapag-Lloyd, OOCL and MOL, shows how mainline operators use Imoto Lines as Japanese feeders.

16 6

16 33

23 20

12 13

10 15

10 16

11 18

20 24

19

24 19

11 15

15 21

16 16

12 29

22 28

27 16

15 23

14 11

9

15 9

19 23

22 16

29 14 9

19 15

12 25

10 20

19 14

18 23 18

23 18

13 12 15 13

16 9

17 12

8 7

9 9

11 8

15 7

2

2011 JanFebMarApr

MayJunJul

AugSepOctNovDec

2012 JanFebMarApr

MayJunJul

AugSepOctNovDec

2013 JanFebMarApr

MayJunJul

AugSepOctNovDec

2014 JanFebMarApr

MayJunJul

AugSepOctNovDec

2015 JanFebMarApr

MayJunJul

AugSepOctNovDec

2016 JanFebMarApr

MayJunJul

AugSepOctNovDec

2017 JanFeb

*Mar

TEU Delivered

Units delivered

* Deliveries recorded month-to-date

Cellular Containership Deliveries By Month : 2011-2017




World’s first ax-bow reefer completes maiden trip

New conventional reefer cargo vessels are rare these days, but once

in a while, such ships still join the global cargo vessel fleet. Star Reef-

ers this week showed its latest fleet addition in Northern Europe,

where the 2017-built STAR SPIRIT completed her maiden voyage.

The 16,727 dwt vessel is the first of two conventional reefers that

Star Reefers, part of the Siem Group, bareboat charters from Japa-

nese owners Nissen Kaiun. The STAR SPIRIT was handed over in

January and she positioned from Japan to Guayaquil for loading, be-

fore starting her first commercial voyage through the Panama Canal

to Saint Petersburg, on Star Reefer’s Ecuador-Russia service. Next

month, the new vessel will be followed by the STAR COURAGE, a sis-

ter ship that will also join Star Reefers as charterers.

The STAR SPIRIT and STAR COURAGE were built by the Japanese Shi-

koku Shipyard at Takamatsu, an experienced builder of conventional

reefers. The vessels are 188.60 metres long with a breadth of 26.00

metres. They offer 18,500 cbm of reefer holds and space for up to

598 teu or 299 feu, all of which can be reefer boxes supplied with

electricity. A seven cylinder main engine, rated at 15,300 kW, drives

the ships at commercial speeds of up to 22.5 knots. Siem’s Star

Reefer sisters are fully geared with five cranes, including four that

serve the cargo holds and one that serves the aft container bays.

One unique feature of the ships’ design is their ax-bow, so far only

found on a number of Japanese-built bulk carriers. The STAR SPIRIT

combines this bow shape with a raised and partly enclosed forecas-

tle. The ax-bow was designed by the steel maker and shipbuilder

NKK (ex Nippon Kokan). The ax-bow consists of so-called

bow ’shoulders’ above the loaded water line, acting as wave deflec-

tors when the ship pitches into the swell. In rough seas, the design is

claimed to cut fuel consumption by up to 4%, compared to more con-

ventional layouts. Overall savings per voyage will however be much

lower if the ship mostly sails in calm weather.

Nissen Kaiun is believed to have ordered a total of four ships of the

new type from Shikoku, though it is currently not yet known, if, when

or for whose account units three and four are to be delivered.


right: On 7 March, the 16,727 dwt reefer ship STAR SPIRIT made a southbound transit of the Kiel Canal. The German waterway links the Bal-tic to the Elbe River and North Sea. Our photo shows the vessel under the Grunental Bridge, a few hours before reaching the Canal’s south western terminus at Brunsbuttel.

Photo: B. Paulien

above: The new STAR SPIRIT in the Kiel Canal. The photo clearly shows the ship’s unique ax-bow, a Japanese invention aimed at reducing sea margin by de-flecting waves away from the hull. With their enclosed bridges and fore-castles, the ships of this type should be well suited for trading in colder waters, such as the Baltic Sea.

Photo: B. Paulien




ICTSI to order jumbo cranes for MICT Manila

International Container Terminal Services Incorporated (ICTSI) will

upgrade a number of berths at its Manila International Container Ter-

minal (MICT) to handle container ships of up to 14,000 teu. The Phil-

ippine operator on Monday announced that it was set to order five

ULCS-ready ship-to-shore gantries as well as 20 rubber tired gantry

cranes. The purchase, along with the construction of another berth,

is part of ICTSI's USD 80M capital equipment program for the termi-

nal. ICTSI did not disclose the manufacturer of the cranes and it ap-

pears that a firm order contract has yet to be signed.

The new cranes will have a maximum reach of 20 containers across

and twin lift rated load capability. The largest ships that currently use

the terminal are LCS of up to 5,500 teu from carriers such as Ever-

green and Hyundai Merchant Marine.

ICTSI commented that 'Hitting the two-million mark last year is a clear

indication that we need to further expand our operation in response

to the direction of the market. We also have to address the growing

consolidation trend happening with major carriers that have them

deploying larger capacity vessels'.

MICT is currently undergoing a large-scale capacity improvement pro-

gram with investment commitment from the Philippine Ports Author-

ity (PPA) and from ICTSI. According to ICTSI, the program is in line

with the projected increase in container movement as a result of an

improving Philippine economy despite the global downturn in the

container shipping industry.

Located in the northern part of Manila port, MICT currently has six

berths. Two of the new quay cranes will be deployed at Berth 5. An-

other pair will be deployed at Berths 6 and 7, respectively, while the

last crane will be deployed at Berth 3. The first three cranes are

scheduled for delivery next year, with the remaining two at 2019. In

2015, ICTSI deployed new-generation reach stackers at the MICT to

improve operational efficiency as volume continued to grow. Earlier

in 2014, the MICT completed the construction of Yard 7, which

added four hectares of yard space to the terminal or roughly

500,000 teu, and further extended the terminal's berth to 1,700 me-

ters. With the recent expansion, MICT's annual capacity increased to

2.75 Mteu.

Among other things, ICTSI also plans to revive the disused rail link

between MICT and the recently opened Laguna Gateway Inland Con-

tainer Terminal in Calamba, located some 60 kilometres south of

Manila's port. It has also recently submitted a proposal to build a roll

on-roll off barge terminal in Cavite, south of Metro Manila. All these

efforts are aimed at fighting road congestion, which is a re-occurring

problem in the Philippines capital.

PORT UPDATES

More in-depth coverage of this week’s main events in the port and terminal sec-tor can be found on our website at:

www.alphaliner.com Our platform also includes a vast archive with thousands of news articles related to events and developments in the global container terminal market.

ICTSI has been running MICT since 1988 under a 25 + 25 years concession. The company has since developed into a global player in the industry, with termi-nals and projects in developed and emerging market economies in the Asia Pacific region, the Americas, and Europe, Middle East and Africa. ICTSI has been highly successful with its focus on second-tier ports outside the global mega-hubs. More recently, however, it had one or two disappointments as well. Only weeks ago, ICTSI announced that it would return the concession it holds at Portland on the US West Coast and the company's terminal at La Plata, a Buenos Aires satellite port, still suffers from a lack of customers.

APMT starts Puerto Quetzal operations Maersk Line's 4,500 teu vessel SAF-MARINE NOKWANDA recently made the first vessel call at the new TCQ container terminal at Puerto Quetzal, Guatemala. The visit was an off-schedule call, per-formed as part of a westbound trip from the WCSA and Central America to the Far East on the Maersk Line service AC-1. The launch of TCQ was delayed over al-leged irregularities in awarding the port concession to Grup Maritim TCB, a Span-ish operator acquired by APMT in 2014.




ZPMC delivers jumbo cranes to Tecon Rio Grande

The port operator Wilson Sons has recently taken delivery of three

large new ship-to-shore gantry cranes for its Tecon container terminal

at Rio Grande, Brazil. Supplied by the Chinese manufacturer ZPMC

and shipped to Brazil aboard the transport vessel ZHEN HUA 13, the

new gantries are to be commissioned in the second quarter of this

year. Wilson Sons' purchase has increased the fleet of quayside con-

tainer gantries at Tecon Rio Grande from six to nine units.

In addition to the new STS, the recent shipment included eight rub-

ber tired gantry cranes (RTG) for use in the terminal's container stor-

age yard. According to Wilson Sons, Tecon has invested about USD

40M into the equipment upgrade which, according to the company, is

expected to increase average productivity by some 45%.

Last year, the port of Rio Grande handled a container volume of

727,000 teu, up 7% from 2015. Before new equipment arrived, the

Tecon terminal advertised a capacity of 1.35 Mteu, which should in-

crease to well over 1.50 Mteu over the course of this year. Wilson

Sons operates the pier under a 25-year concession which started in

1997. Further to this, the company holds an option to renew the con-

cession by another 25 years until 2047.

Record ship at the expanded SVTI San Vicente

The recently-expanded San Vicente Terminal Internacional (SVTI) at

the eponymous Chilean port, very this month welcomed its largest-

ever container ship. The record call was performed at the beginning

of March by the 11,294 teu container ship MAERSK ANTARES

Not only did the MAERSK ANTARES become the largest-ever ship to

dock at SVTI, the 18-row wide 337-metre VLCS also inaugurated a

recent berth extension at the terminal. Over the past two years, SVTI

had built a 265 metre pier extension. In addition with the renovation

of a 115 metre stretch of the existing pier, the upgrade created a

380-metre berth that is suited to accommodate ships of up to

13,000 teu. The berth is fitted with large mobile container cranes.

According to a company statement, the USD 120M pier upgrade in-

creased terminal capacity by about 40%. SVTI is operated by the Chil-

ean SAAM and the US-based SSA Marine.

PORT UPDATES

above: MAERSK ANTARES’ record call at the port of San Vicente. Photo: SVTI

Crowley adds STS cranes at San Juan Crowley will take delivery of three new ship-to-shore container cranes for its Isla Grande terminal at San Juan. Manufac-tured by Liebherr the cranes were re-cently pre-assembled in in Ireland and they are currently being shipped to Puerto Rico. The cranes have been designed specifi-cally to handle cargo on Crowley's new 'Commitment' class conro ships, includ-ing oversized 53-foot boxes. Terminal Link to join Thessaloniki tender CMA CGM and China Merchants Holdings (CMHI) have reportedly expressed interest in an investment at Thessaloniki. The two companies are to join one of the consortia left in the race to bid for a 67-stake in the port via their joint subsidiary Terminal Link, which will bid together with Deutsche Invest Equity Partners and the Russian-Greek investor Ivan Savvidis. Boluda and OPDR run Seville box pier The Spanish Boluda Group and OPDR, a subsidiary of CMA CGM, this year started to run the container and multipurpose terminal at Muelle del Centenario in the port of Sevilla. Effective since the beginning of the year, the long term lease covers 18 hectares. OPDR and Boluda now control all terminal facilities related to the handling of con-tainerised goods, including quayside op-erations and the Muelle del Centenario railway terminal. The joint venture will also enhance the terminal by contributing a new third container gantry crane.

ZHEN HUA 13 arrives at Rio Grande. ZHEN HUA 13 arrives at Rio Grande. ZHEN HUA 13 arrives at Rio Grande. ZHEN HUA 13 arrives at Rio Grande. Photo: Wilson Sons

Documents

Alphaliner Newsletter no 10 - 2017 Newsle… · Volume 2017 Issue 10 01.03.2017 to 07.03.2017 0 100,000 200,000 300,000 400,000 500,000 600,000 700,000 Sep-2016 Nov-2016 Jan-2017