Grote Containerschepen

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Joost.R
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Re: Grote Containerschepen

Bericht door Joost.R » 20 nov 2017 21:29

Hyundai Merchant Marine to Set Sail for 6th Place in World by Placing Orders for 20 Super Containerships

Hyundai Merchant Marine (HMM) aims to become a top 10 global shipping company by ordering 20 super large containerships. HMM is expected to have a capacity of 800,000 TEUs and rank sixth in the world when the company secures a super large containership fleet.
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Caption: Container ship Hyundai Drive - Image courtesy of Steve Greenwood.

According to the investment bank (IB) industry and shipping industry on November 15, HMM will order 20 large-sized container ships starting early next year. “HMM will order 20 large-sized vessels, including nine 20,000-TEU containerships and 11 11,000-TEU containerships for aggressive fleet expansion,” a high-ranking official in the IB industry said. “This strategy aims to deal with major shipping companies’ expansion through mergers and acquisitions and the introduction of super large ships.” This is twice the size of the order projected in the market (around 10 units). In terms of order sizes (350,000 to 400,000 TEUs), HMM’s order is double that (220,000 TEUs as of the end of October) of Maersk, the world’s top shipping company.

An analysis says that HMM will ramp up the number of super large ships as a strategy to cope with the global division and congregation. HMM currently has 56 vessels and its capacity (maximum shipment volume) is 43,000 TEUs, ranking 13th in the world. On the other hand, Maersk which belongs to the 2M Alliance with HMM has a capacity of 3.55 million TEUs and MSC, 3.02 million TEUs, eight times that of HMM.

In particular, next year, Japan is expected to merge its three major shipping companies (MOL, NYK, and K Line). Then the new shipping company established via the merger is expected to have a capacity of 1.7 million TEUs. China’s major shipping company Cosco (1.81 million TEUs) will finally marry OOCL (670,000 TEUs) of Hong Kong, which is the seventh largest in the world in 2019. Then Cosco’s capacity (including that of ordered ships) will exceed 3 million TEUs, jumping to second or third place in the world.

In particular, China’s Cosco (Ocean Alliance) and Japanese shipping firms (THE Alliance) are expected to put 20,000-TEU containerships into the Asian market beginning next year. This means that HMM will not be able to compete in such an environment as the shipping company has a maximum capacity of 400,000 TEU and its largest container ship has a capacity of 13,100 TEUs.

Around the year of 2020, nine 20,000-TEU containerships and 11 11,000-TEU containerships to be ordered beginning next year will be delivered to HMM. Then, HMM will have a capacity of more than 800,000 TEUs, about double its current capacity. This volume exceeds that of now-defunct Hanjin Shipping and close to 1,060,000 TEUs of Evergreen, the biggest shipping company in Taiwan. At the time of the final delivery of the 20 vessels ordered, HMM will raise the number of its over-10,000-TEU vessels from 16 to 36. As HMM’s long-term plan aims at securing a one-million-TEU fleet, the shipping company may order more super large containerships depending on future business performances.

Source: BusinessKorea
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Joost.R
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Re: Grote Containerschepen

Bericht door Joost.R » 22 nov 2017 11:35

Container ship OOCL Scandinavia joins OOCL fleet.

In OOCL’s series of six ‘G Class’ containerships on order at the Samsung Heavy Industry (SHI) shipyard, the Company introduced yesterday the newest and fifth 21,413 TEU containership, named the OOCL Scandinavia.
The OOCL Scandinavia will be joining her sister vessels on OOCL’s LL1 service, linking major markets in China and Northern Europe together.
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Caption: The OOCL Scandinavia unveiled at the christening ceremony held at the SHI shipyard.

“In commemoration of this milestone at OOCL, we are very honored that Mr. Yue Yi, Vice Chairman, Executive Director and Chief Executive of the Bank of China (Hong Kong) Ltd, was able to join us as our Guest of Honor and witness the christening of the vessel.”

“The Bank of China is one of the finest and most respected international financial institutions in the industry and their support to OOCL has been tremendous, allowing us to be the best that we can be in providing quality transportation and logistics services around the world, but particularly in China, where OOCL launched and pioneered the reefer-on-rail services from Xian to Qingdao in 1998, the first of its kind in the country.”
As an active industry player in this vibrant market, facilitating trade and exploring new opportunities, OOCL was front and center in witnessing China’s remarkable growth momentum to become one of the world’s most influential economies today. China is moving towards its next ambitious phase of development by working more closely with its trading partners to realize the One Belt One Road initiative in promoting trade and commerce. In his remarks at the ceremonial event, Mr. C. C. Tung, Chairman of Orient Overseas (International) Ltd., commented on the importance of this initiative and also thanked the Bank of China for their support over the years.

“The One Belt One Road initiative comes at a very important time in the shipping industry where leadership and policy directions to stimulate demand growth is needed most,” said Mr. Tung. “We are in a very capital intensive business, and like the Belt and Road initiative, we cannot do it alone. That is why we are very thankful to have our close business partners by our side in our journey, and we look forward to further deepen our working relationship with the Bank of China in the years ahead.”
Mr. Tung also thanked SHI for their dedication and support to OOCL over the years to consistently build vessels of the highest quality that greatly strengthened the competitiveness of OOCL’s fleet and capability to deliver reliable and efficient services to customers.

“The incredible work that has gone into the construction of this massive containership before us is the perfect embodiment of what teamwork means and how business collaboration can achieve wonders,” said Mr. Tung. “This achievement is about working to bring people and companies of different professions and nationalities together to reach new heights, innovate, solve complicated engineering problems, and along the way, why not break a world record too!”

The OOCL Scandinavia will be joining her sister vessels the OOCL Hong Kong, OOCL Germany, OOCL Japan and OOCL United Kingdom in serving the Asia-Europe trade lane on the LL1 service and her port rotation is:
Shanghai / Ningbo / Xiamen / Yantian / Singapore / via Suez Canal / Felixstowe / Rotterdam / Gdansk / Wilhelmshaven / Felixstowe / via Suez Canal / Singapore / Yantian / Shanghai in a 77-day round trip.

Source: OOCL
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