1. 12 Shipinng Lines
Hanjin Shipping started calling
at SOHAR Port and Freezone.
The first vessel, MV Hanjin Ham-
burg, was welcomed on August 5
with a special ceremony at the Omani
deepsea port.
”The past year has been of huge sig-
nificance for SOHAR Port and specif-
ically for our container business with
OICT; the growth in both size and ef-
ficiency at OICT has led to more new
lines and, most importantly, more
direct connections. These direct calls
help us to sink costs, savings that can
be passed on all the way through the
supply chain.”
For the last three months, Hanjin is
the second major line to add Sohar to
it services. In May the port welcomed
Evergreen›s Messini.
With the new 8,600-TEU service
offered by Hanjin, Sohar will have
direct links to the Far East, Malaysia,
China, Singapore and South Korea.
Hanjin Shipping started
calling at SOHAR Port
and Freezone
As previously an-
nounced byWorld Mar-
itime News, Taiwan’s
Evergreen Group, the
parent company of
Evergreen Line, has
signed an agreement
with compatriot CSBC
Corporation to build
ten 2,800 TEU, class
B-type feeder ships.
Evergreen did not
reveal the value of the
contract, but it is spec-
ulated that the price
tag for these ten feed-
ers could be around
USD 400 million.
The first ship is
planned to be delivered
during the second half
of 2017 with the com-
pletion of the series
due by the first half of
2018. The vessels are
planned to be deployed
in the intra-Asia trade.
The boxships will be
211 meters in length,
32.8 meters wide, and
have a design draft of
10 meters. The ships
are designed to load 13
rows of containers on
deck, which is within
the span of existing
gantry cranes in the
major ports of intra-
Asian trade. The hull
design of the vessels
is wider in comparison
to ships of a similar
capacity. Such design
enables the ships to
navigate in shallower
ports encountered in
the intra-Asia trade and
to enhance their cargo
carrying capability.
The ten ships will be
equipped with CSBC’s
Sea-Sword Bow (SSB)
technology. This en-
ergy-saving device
enables the ships to
maintain optimum per-
formance in various
navigational conditions
and to reduce fuel con-
sumption by around
10% compared to tradi-
tional bow designs, ac-
cording to Evrergreen.
The ships will also
be equipped with an
electronic-controlled
fuel injection engine,
which meets the IMO
Tier II standards for
NOx emission and can
reduce the emissions
by around 20%. In line
with IMO’s require-
ments of Energy Ef-
ficiency Design Index
(EEDI), the ships can
cruise at a speeds up to
21.8 knots.
”After the negotia-
tions of Regional Com-
prehensive Economic
Partnership (RCEP)
are concluded, the
ASEAN countries,
Australia, China, In-
dia, Japan, South Ko-
rea and New Zealand
are expected to remove
trade barriers, enhanc-
ing bilateral trades and
thereby boosting re-
gional cargo growth.
Our decision to invest
in these newbuildings
is aimed at providing
for the growth poten-
tial brought about by
this free trade develop-
ment,” Bronson Hsieh,
Evergreen Group’s
Second Vice Group
Chairman, said.
EvergreenOrdersTenBoxships China Shipping Con-
tainer Lines has placed
orders for eight 13,500
twenty-foot-equivalent
container ships at Shang-
hai Jiangnan Changxing
Shipbuilding, continuing
the aggressive fleet ex-
pansion began last year.
As agreed, Jiangnan
Changxing will design
and build eight 135,000-
TEU container ships for
the subsidiary and CSTC
will take charge of money
collection. Contractual
value is USD 934 million,
or USD 117 million per
unit.
The newbuilds will be
deployed in the Asia-U.S.
East Coast trade routes
and are scheduled for de-
livery from April 2018 to
December 2018.
«The group positively
responds to the develop-
ment trend for large-scale
container vessels in the
shipping market, adheres
to low-carbon environ-
mental protection initia-
tives, and is committed to
adjusting and optimising
the structure of its fleet,»
CSCL said.
China Shipping Con-
tainer Lines said the sub-
sidiary would pay the
consideration with self-
owned capital and bank
loans. The deal would
raise its debt asset ratio,
but help further optimize
fleet structure, transport
capacity and raise com-
prehensive strength.
CSCL said the subsidy
for the retirement and re-
placement of ships will
have a positive effect on
its 2015 annual results.
CSCL was aggressive
in bringing in new capac-
ity during 2014. Its fleet
increased by 19 percent
year-over-year as eight
10,000-TEU ships and
two 19,100-TEU vessels
were delivered. On Dec.
31, 2014 CSCL had 158
container ships with a
total capacity of 726,613
TEUs, and had carried 8
million TEUs.
China Shipping Orders Eight
13500 TEU Box Ships
Issue No. 1 - Octoper 2015