Blogs

What went on from 26th March to 1st April 2018 in Ocean Shipping? We take a look here- Ocean Network Express Starts its Operations in April The Japan-based shipping company, Ocean Network Express (ONE), has finally begun its full-fledged operations on April 1 st , 2018. As you might be aware of, ONE is created by merging three shipping carriers from Japan: the Nippon Yusen Kabushiki Kaisha (NYK), the Kawasaki Kisen Kaisha Ltd. (‘K’ Line) and the Mitsui O.S.K Lines (MOL). This enables the integration of the three separate fleets, resulting in a massive total of 1,440, 000 teu of fleet capacity. The reason behind merging these Japanese carrier lines, which are definitely three of the best names in the industry, is to combine the resources and practices aiming for more successful business ventures. ONE is striving towards a great reputation by assuring high-quality container services to its customers and eventually, gaining their confidence and trust in the long run. The shipping industry is extremely competitive and the performance enhancement owing to the integration of the three container services will instantly prove to be beneficial. ONE has promised an excellent connectivity, through linking 200 major ports with the help of 85 service loops. Indeed, the fate of global container shipping is in good hands! Read More APL Introduces the New Quetzal Express Service The Quetzal Express (QEX) service has been recently launched by the APL company that would offer a fast transit time (22 days only) and serve as an effective connecting link for all the major markets in Mexico and China, including the West Coast of South America. It also happens to be the sole service that establishes a shipping route between Taiwan, South and Central China to Puerto Quetzal (Guatemala) and Guayaquil (Ecuador). APL has proved its worth in providing some of the best shipping services in the maritime world, by offering the Caracara Express (CRX) service, the Condor Express (CDX) service, the Asia-Caribbean Express (ACE) and the Falcon Express (FCX) service, respectively. From 6 th April, this Asia-Latin America project will establish a better coverage with the well-planned port rotation: Kaohsiung- Shekou- Hong Kong- Ningbo- Shanghai- Manzanillo- Lazaro Cardenas- Puerto Quetzal- Buenaventura- Guayaquil- Callao- Manzanillo- Busan- Kaohsiung. Read M ore TCI Seaways Recently Acquired the Pacific Star Vessel Hailing from India, the TCI Seaways company has bought the highly-coveted vessel, called the Pacific Star, from the Myanmar-based Continental Investment Holdings (CIH) organization for $6.2m. In comparison to the other vessels (that range from 167 teu to 1,116 teu ) in the company’s fleet, the new vessel is definitely the largest. As per the current reports obtained from the Alphaliner, the Pacific Star has been renamed as the TCI Express with the installation of the Indian flag. The TCI Seaways is a popular marine organization that falls under the colossal TCI Group that conducts business related to real estate, distribution, logistics, and of course, shipping. Presently, the Seaways line owns five vessels that provide coastal services in the Andaman and Nicobar Islands region, along with the Eastern and Western coasts of India. Read More The Kakinada Port Excels in Handling Diverse Commodities Over the years, the Kakinada Port in Andhra Pradesh deserves a lot of appreciation for its continuous success in handling a variety of commodities. Recently, the newest addition has been ‘paper’ as a commodity meant for export purposes. The Port has received great feedback from clients as to how efficiently the commodities were handled, without any damage and without any delay in delivery. The Port is also associated with regular services to Colombo on Tuesdays, which has extensively boosted the export of shrimps in the present financial year. This outstanding record has encouraged the shipping giant, Maersk, to invest in a long-term import plan, in order to improve the business growth of the Kakinada port in container services. Even though the global scenario has not turned out too well for importing, the Indian Government hopes that this Port will rise above the odds and consistently live up to its claims, with some help from the stakeholders. Read More The Vladimir Rusanov Carrier Completed its First LNG Loading Operation Vladimir Rusanov, the ice-breaking LNG carrier vessel, loaded its first cargo at the Sabetta Port in last week. This vessel is regulated by the China-based COSCO Shipping Corporation and the MOL organization and is involved in long-term planning, concerning a charter contract of transferring LNG from the Yamal project. The vessel, Vladimir Rusanov, commenced its journey for ice trials from the Daewoo Shipbuilding & Marine Engineering Okpo yard to the Arctic Ocean, making its way through the Suez Canal. Read More . Want to know more news Around the World ? Stay tuned every Monday to ODeX and get the latest in shipping.