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 on: September 20, 2017, 02:42:46 pm 
Started by Timsen - Last post by Stan Muller
she is afloat again and under tow to Flushing

 on: September 20, 2017, 01:43:08 pm 
Started by Timsen - Last post by Allan RO
bit of 'a fish out of water' to coin a phrase


 on: September 20, 2017, 11:54:03 am 
Started by Timsen - Last post by Stan Muller

it is becoming a tradition to ground them in my backyard  Grin

 on: September 20, 2017, 08:13:56 am 
Started by Timsen - Last post by Timsen

 on: September 20, 2017, 12:01:56 am 
Started by Aaron Fox - Last post by Stephen Chester
Correct Tony. The Wellington Strait will load in Shanghai and be renamed in Ningbo. She will come south on the Anzexs schedule. The Spirit of Shanghai only did the one round trip on this schedule and a vessel TBN will take over in November.

 on: September 19, 2017, 09:42:50 am 
Started by Aaron Fox - Last post by Tony des Landes
The Wellington Strait IMO 9516777 is to replace the ANL Elinga on the Trans Tasman schedule.

It appears she will be renamed ANL Elaroo

 on: September 19, 2017, 04:23:19 am 
Started by Hannes van Rijn - Last post by Hannes van Rijn
Leading container shipping group CMA CGM has confirmed plans to order nine 22,000 teu container ships after returning a sparkling set of second-quarter (Q2) 2017 financial results.

The Marseilles-based group had been widely reported to be planning to order the new giant vessels and last month two Chinese shipyards announced that they had signed letters of intent for the vessels, which would be the biggest ordered to date if approved by the CMA CGM board.

The group has now announced that its board has approved the order, which it says is intended to enable it to keep up with market growth and its own transport needs. It said that the first of the new vessels would come into service in late 2019.

It confirmed the order as part of its announcement of its second-quarter financial results, which showed a USD216 million net profit after its USD129 million loss in the second quarter last year.

Revenues soared 57% year on year to USD5.55 billion and container carryings jumped 33% to 4.74 million teu.

Integration of the APL group was a major factor in the strong growth in cargo volumes but the group said that it had also benefited from the launch of Ocean Alliance on April 1 this year and greater industry dynamism.

The increase in volumes, coupled with rising freight rates, was reflected in the group’s revenues, which the group said had increased by 12.5% per container in the second quarter.

APL was also a big contributor to the group’s profits. The group’s core EBIT stood at USD472 million, compared with a USD81 million deficit in Q2 2016. CMA CGM said that APL alone had contributed USD137 million to this result.

Group chief executive Rodolphe Saade said that the group’s results had been “excellent”.

“Once again, CMA CGM outperforms the industry and demonstrates the excellence of its operational management as well as the relevance of its strategy,” he said.

The group is bullish about its prospects for the remainder of the year, saying that it expects to improve on its operating results in the second half, assuming that freight rates continue to improve and that there is no major change in fuel prices and exchange rates.

The second quarter results confirm CMA CGM’s return to strong form after it came back into profit in the final quarter of last year. In the first quarter, it returned a net profit of USD86 million after its USD452 million full-year loss in 2016.

By comparison, market leader Maersk Line reported a profit of USD339 million in the second quarter after a USD151 million loss in the corresponding quarter in 2016, while its revenues rose 21% to USD6.1 billion. However, its cargo volumes rose only 2% to 2.7 million feu.

It said that average freight rates had improved 22% over Q2 2016 and 8% over Q1 2017.

Source IHS

 on: September 19, 2017, 01:52:31 am 
Started by Aaron Fox - Last post by Stephen Chester
The Wellington Strait IMO 9516777 is to replace the ANL Elinga on the Trans Tasman schedule.

 on: September 18, 2017, 12:51:44 pm 
Started by Jury Gusev - Last post by Jury Gusev
Thank you, Davidships.
What a pity!

 on: September 17, 2017, 06:05:57 pm 
Started by Mike - Last post by Juan Carlos C.
Hi Mike
Bad news, i have many pictures this ship in the fruit season, in the years ago..
Rgds and thanks for the news.
Juan Carlos.. From Valparaiso..

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