Blog for updates and happenings in logistics in the Asia-Pacific region

March 17, 2015

Container Shipping Today: Mega-Ships and Mega-Problems

Filed under: Maritime,News,Newsletter,Supply Chain Management — admin @ 11:12 am

Hapag-Lloyd-ShipIf we’re to believe the big container lines, ever-larger ships are the remedy for their financial woes. Why, then, are so many of them still losing money?

In the size race, Maersk Line has been leading the pack, with its Triple-E vessels of 18,000 twenty-foot equivalent units (TEUs). But nearly all of its chief rivals, including Mediterranean Shipping Co., CMA CGM, Evergreen Line and China Container Shipping Lines, are catching up with their own mega-vessels. Japan’s Mitsui O.S.K. Lines (MOL) recently announced an order for six 20,150-TEU ships, and Maersk, among others, is expected to match that latest benchmark.

These behemoths of the sea are supposed to provide carriers with unprecedented economies of scale, which will yield steady profits while accommodating the surge in international trade that is projected for the coming years. But you have to wonder whether they create as many problems as they solve.

[Read more… Curated from Supply Chain Brain]


November 5, 2014

Indonesia Plans Three New Ports for 2015

Filed under: Asia Supply Chain Insights,Logistics,Maritime,News,Newsletter — admin @ 11:09 am

Hapag-Lloyd-ShipState-owned port operator PT Pelabuhan Indonesia II plans to issue US$1 billion in bonds to finance the construction of three new ports in the country.

Richard Joost Lino, the company’s president director, said the company will build the ports in Tanjung Api-Api, South Sumatra, in Sorong, West Papua, and in West Kalimantan. The construction of the new ports is expected to start in the third quarter of 2015. Lino said that the ports should be operational by the end of 2018.

[Read more… Curated from World Maritime News]