Blogs

Global Ship Lease Signs Up For A Long-Term Charter With Maersk Line Global Ship Lease, the renowned containership company from London, has fixed a post-panamax boxship on a long-term charter with Maersk Line. The charter has been fixed for 30-38 months for the 2000-built container vessel called the Tasman, which weighs around 5,936 teu. The charter is all set to begin its term from July onwards only after the containership’s ongoing charter agreement with ZIM (from Israel) has run its entire course. The Executive Chairman of Global Ship Lease, George Youroukos, has highlighted on the company’s focus (during this year) to improve its well-trained chartering team, forging long-term relationships and driving the comprehensive, commercial capabilities throughout the container shipping sector, which is certainly assure their existing fleet of a long-term employment. Owing to the industry’s flourishing market for mid-sized vessels, the high-quality container vessels owned by the Global Ship Lease has been able to offer the best slot prices and enhance the flow of the multi-year cash flow visibility. Of late, the company has also made it a point to recognise and act upon the value-creative opportunities in this suitable market environment. Regional Container Lines Has Command Over The Thailand- Myanmar Service As of recent, The Regional Container Lines (RCL) is in charge of two vessels on the Thailand-Myanmar service and in the near future, the company has plans of establishing command over all the vessel operations. RCL has included the Laem Chabang port as the port of call on its RTY service that acts as a connector between the two countries of Myanmar and Thailand. Thus, the company will be solely responsible for supervising all the three vessels of the service in the coming days. The service will be conducted at a stretch of 21 days with three vessel rotations, which will feature the ships - Yantra, Xetha and Nanta Bhum. The new rotation will be observing the following format: Thai Sugar Terminal (TST) - Laem Chabang - Singapore - Port Klang (Westport) - Yangon (MIP) - Yangon (MITT) - Port Klang - Westport - Singapore - Thai Sugar Terminal. Regional Container Lines is hopeful that the inclusion of Laem Chabang will be helpful in supporting the clients’ requests for enabling the movement of direct shipments from both the ports of Bangkok and Laem Chabang to all the way to Myanmar. Plus, the ports will offer the export windows that happen to be the preferred, export windows for Saturday and Sunday. Visakha Container Terminal Is Targeting New Cargoes The well-known Visakha Container Terminal is planning to expand its capacity by handling the operations of new cargoes. The port has been constantly striving towards improving its operations and developing great infrastructure for the coming days. With a great deal of support from the Customs Commissioner, this move undertaken by the Visakha port can prove to be immensely beneficial to the country’s trade. As we are aware of, Vizag has always been a region that is rich in metal and mineral resources and the import strategy of finished goods can lead the city to become the logistics hub of the state. APM Terminals Caters to the Demands of The Country’s Retail Garment Industry APM Terminals has incorporated a specialised service that allows the clothing manufacturers to transport garments on hangers (GOH) to bring forth a high level of speed and efficiency within the retail garment industry in India. This service has been of great help to the Indian container service division under the APM Terminals Inland Services, as now it has become easier to handle the distribution of the global apparel brands. This method has been highly appreciated because it is dust-free and wrinkle-free and provides maximum protection to the garments. The GOH system of packing garments ensure that the clothing items are individually placed on hangers and wrapped in plastic and then hung on the innovative, garment-holding system inside the specially-designed container. CMA CGM Introduces A New Digital System As we know, the CMA CGM Group has a mighty presence in the maritime industry with no less than 509 vessels serving more than five continents through the connectivity established by 420 ports. The newly launched CMA CGM eSolutions is a digital system that has been formulated by the renowned CMA CGM Group. With the help of this digital platform, the clients will find it much easier to ensure the transfer of their cargoes via an online interface. These digital solutions cater to various segments of the shipping company, such as the quotation request, shipping dashboard, booking, schedule research, shipping instructions, tracking and documentation. The Group has introduced the system of priority booking to its clients, which will be active on their network from India to Europe. Sources: https://splash247.com/global-ship-lease-fixes-post-panamax-boxship-on-long-term-charter-to-maersk/ http://www.seatrade-maritime.com/news/asia/rcl-takes-over-all-vessel-operations-on-thailand-myanmar-service-adds-laem-chabang.html http://www.maritimegateway.com/visakha-container-terminal-aiming-new-cargoes/ http://eximin.net/NewsDetails.aspx?name=40939 https://maritime-executive.com/article/cma-cgm-launches-esolutions-digital-platform