Blogs

With the onset of the March month, a lot of updates have been recorded with respect to the shipping industry. Let’s find out which ones made the headlines! MSC and Maersk Jointly Plan To Supersize The Asia-Mediterranean Tradelane The two well-established and famous liners, MSC and Maersk, have decided to collaborated and offer the megamax treatment to the Asia-Mediterranean tradelane. 2M, the vessel sharing agreement between the giants of liner shipping, has planned on supersizing the Asia-Med services. According to the Alphaliner, the MSC Clara (19,224 teu) will join the 2M’s AE-11/Jade service instead of its earlier involvement in the Asia-Europe trading loop. MSC Clara will commence its new services from March 27th, and it is declared as the first megamax to be deployed in an Asia-Mediterranean tradelane. As per the planning, MSC and Maersk will be shifting eleven 19,000 teu class vessels to the Mediterranean loop that has supervised an approximate of 15,000 teu class vessels in the past few years. Indeed, it is a very smart move to to diminish the capacity of the Asia-North Europe services when the demand is pretty limited, of recent. APM Terminals Has Launched Its New Costa Rica Container Terminal In the recent news, the APM Terminals has grabbed everyone’s attention by introducing the new container terminal in the Moin region of Costa Rica. This newly launched terminal will be highly effective in connecting the Asian and European markets to Costa Rica, which happens to be the world’s largest exporter of pineapples and also, the third largest exporter of bananas. Morten Engelstoft, the CEO of APM Terminals, has highlighted the fact that the Costa Rica terminal will play an instrumental role in boosting both the international and the intra-regional trade in Central America, no doubts whatsoever. This project will also trigger a lot of healthy competition in not only the Limon province but also for the entire country. Kenneth Waugh, the MD of the APM Terminals Moin, is happy about the fact that the Costa Rica government has put its faith in the company and has sanctioned the development of the brand-new port on the Caribbean coast. Plus, this will also help in increasing the traffic in the Panama Canal and if all goes well, the number of shipping routes that are linked to the Moin Container Terminal is likely to increase by an incredible percentage of 285%. APM Terminals Mumbai Has Introduced The Nhava Sheva - Mundra- Gulf Service Recently launched by the APM Terminals Mumbai, the Nhava Sheva- Mundra-Gulf (NMG) service, has started its operations since February 21st and the first call was made by the M.V. OEL Transworld as owned by the Sima Marine, which is a subsidiary of the Simatech Shipping from Dubai and is steadily gaining popularity in India for its excellent international services. The NMG service is a weekly service that is responsible for linking numerous ports in the Middle-East region. The rotation schedule of the NMG service is declared as JNPT (APM Terminals Mumbai)- Mundra- Khalifa-Jebel Ali-Sohar. Mr. Ravi Gaitonde, the COO of the APM Terminals Mumbai, is very appreciative of the new service and is prepared to provide help with the company’s safe and trustworthy services in boosting the country’s trade. Mr. K.P. Unnikrishnan, the Director of the Sima Marine (India) Pvt. Ltd., is glad at establishing a strong connection with the APM Terminals Mumbai and is hopeful that the NMG service will offer a neat, professional service to the clients. DP World Mundra Has Recorded the Highest Berth Productivity The Mundra International Container Terminal (MICT) has successfully recorded a great achievement by registering splendid berth productivity of 179.38 that is its highest number so far. The latest berth productivity is around 1.29 times higher than the average number and this stands testimony to the praiseworthy performance being delivered by MICT in 2019. In fact, the MICT has steadily maintained a berth productivity of over 170 while it handled the operations of four vessels that were connected to Europe by a specific service. Encouraged by the stellar performance, the DP World team is constantly making an attempt to increase their productivity with the addition of modernized equipment, first-class infrastructure and innovative IT systems. Panama Canal Improves Global Commerce by Connecting 1,700 Ports Since a century, the world-famous Panama Canal has remarkably enhanced the connectivity and transportation in the maritime industry and it is indeed a huge boon to the shipping companies throughout the globe. According to the current record, the Panama Canal is responsible for linking 1,700 ports, 160 nations and 140 routes. Back in December 2018, the waterway had allowed the passage of its 5,000th Neopanamax vessel. Sources: https://splash247.com/maersk-and-msc-give-asia-med-the-megamax-treatment/ http://www.seatrade-maritime.com/news/americas/apm-terminals-inaugurates-costa-rica-terminal.html http://www.maritimegateway.com/apm-terminals-mumbai-welcomes-new-service/ http://www.eximin.net/NewsDetails.aspx?name=40584 https://maritime-executive.com/article/panama-canal-connects-1-700-ports