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Source: In These Times
Source: In These Times
Source: In These Times
Hamburg Sud’s new Cap CorrientesFor the first time in the shipping company’s history, Hamburg Süd has celebrated the christening of a ship in the U.S. The ceremony to name the 3,800 TEU container ship Cap Corrientes was held on August 23 in the Port of San Francisco.
The container ship was built by Taizhou Catic Shipbuilding Heavy Industry Ltd. in China for the account of Vilmaris Management GmbH of Hamburg/Germany and is on a long-term charter with Hamburg Süd. The ship is deployed by Hamburg Süd in the liner trade between the Pacific Coast and Australia/New Zealand. Very important for Hamburg Süd is the ship’s capacity of 500 reefer plugs, which are used to carry refrigerated goods such as meat, fruit and vegetables from Australia to the U.S., or citrus fruits from Southern California on the return voyage.
More at Marine Link
On August 30, Hyundai signed a US$1.4 billion contract (including construction of 5 Hyundai Samho Heavy Industries ships) for a total of 10 container ships – five 18,000 TEU container ships and five 14,000 TEU container ships – with the United Arab Shipping Company (UASC) in Dubai, United Arab Emirates.
In this contract, an option of a possible order of 7 additional ships — one 18,000 TEU ship and six 14,000 TEU ships — has been added. If this optional order is also successfully obtained, the final contract amount will be around US$2 billion.
In January of this year, Hyundai obtained an order for five 14,000 TEU container ships from Canadian company Seaspan. In May, China gave the world’s largest order of five 18,400 TEU container ships.
More at Business Korea
Source: Daily Kos
Source: AFGE
Source: Washington Post
Source: WSJ
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