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CSCL Globe, the largest in the world containership, has been named, Hyundai Heavy Industries Co., Ltd. (HHI) announced. The first of five 19,000-TEU vessels was ordered in May 2013 from China Shipping Container Lines (CSCL).

The event was held yesterday and was attended by the chairman of China Shipping Group, Xu Li Rong; the managing director of CSCL, Zhao Hong Zhou; the chairman and CEO of HHI; Choi Kil-seon, Chinese ambassador to Korea and some 150 guests.

The world’s largest containership was given name by the Xu Li Rong’s wife, He Li Jun. Within this month, CSCL Globe will be handed over to its owner. The container vessel will operate on the Asia-Europe trade loop.

The 77,200-bhp electronically controlled main engine, installed on the vessel, enhances fuel efficiency by automatically controlling fuel consumption according to the sea conditions and the speed of the vessel. Compared to a 10,000-TEU vessel, the high efficiency engine will lower the fuel consumption of CSCL Globe by 20%.

Four years ago, HHI built the first in the world 10,000-TEU containerships. Since then, the company has added 82 more.

CSCL Globe (IMO number 9695121 and MMSI 477712400) is 400 m long, its width is 58.6 m. The vessel is registered in Hong Kong and weights 186,000-GT.

Source: http://www.vesselfinder.com/news/2514-Worlds-Largest-Containership-first-of-five-19000-TEUs-named

In January-December 2014, container terminal Transiidikeskuse (Estonia, Muuga) handled 257,220 TEUs (+2.2%, year-on-year), the company says. The tonnage of containerized cargo increased by 8.5%. The terminal of general and refrigerated cargo handled 428,183 t of packaged and loose cargo. The concern’s total throughput hit 2,895,419 t (+6.5%, year-on-year). Transiidikeskuse BoD Chairman Erik Laidvee says the results of the last quarter reflect the situation in Russia.

“The volume of cargo flowing to Russia via our terminal tells about the country’s domestic consumption and it is clear that imports decline which, in its turn, has its impact on our economic performance”, he says. Despite the unstable situation in the international trade, Transiidikeskuse invested EUR 6.2 mln in 2014, the statement says. In July, the expansion of the container terminal was completed, Erik Laidvee reminds. Transiidikeskuse AS operates dedicated terminals for container and general cargo in port Muuga.

Source: http://www.crewing.biz.ua/Article111620-eng.html?utm_source=feedburner&utm_medium=twitter&utm_campaign=Feed%3A+SeaNewsFromCrewingbizuaeng+%28Sea+News+from+CrewingBizUa+%28eng%29%29

 

Freight forwarding company “Avelan Logistic” wishes Merry Christmas and Happy New Year! We wish you happiness, health, success and prosperity!

Cargo turnover of Baltic ports the past ten months of 2014 has grown by 2.5 per cent compared to the same figure for the January-October 2013th, thereby reaching a value of 133.49 million tonnes in.

In the reporting period, 46.2 per cent of all cargo handled at the ports of Latvia, 27 percent – in Lithuania and, accordingly, the remaining 26.8 percent – in the ports of Estonia.

In Latvia in January-October Tekushev year turnover increased by 4.8 percent – to the level of 61.62 million tons in Lithuania – 1.1 percent – to a value of 36.03 million tons, while in Estonia, in contrast, decreased 0.1 percent to 35.83 million tons.

Denmark’s A.P. Moller-Maersk said its four subsidiaries with activities in Russia continue to operate as planned despite the recent sharp drop in oil price and the rouble’s collapse.

“The Group’s business with Russia amounts to some two to three percent of our total revenue. In the current situation, where Russian purchasing power and foreign trade is negatively impacted, our shipping business in Russia is also affected,” A.P. Moller-Maersk wrote in a mail to Reuters.

World’s largest container shipping company Maersk Line, port operator APM Terminals, logistic company Damco and the world’s biggest tugboat operator Svitzer are all active in Russia.

Fears of a full-blown Russian crisis are leading investors to build up negative bets on European companies exposed to the country, such as brewer Carlsberg or Finnish tire-maker Nokian Renkaat.

A.P. Moller-Maersk acquired 37.5 percent of the Russian port operator Global Ports in September 2012 in a transaction that valued the port operator at approximately $2.3 billion.

Global Port’s London-listed shares have dropped by 73 percent since the transaction.

Source: http://www.maritime-executive.com/article/Maersk-Will-Continue-to-Operate-in-Russia

In January-November 2014, in the ports of the Arctic basin were handled 32.5 million tons of cargo – a 22.6 percent yield same period last year.

At the same time, the increased volume of dry cargoes, reaching 23.5 million tons, up 4.2 percent over the same previous year; and the volume of liquid cargo in the reporting period decreased to 9 million tonnes, ie 2.2 times.

Over the past eleven months of this year JSC “Russian Railways” reduced its load by 0.9 percent compared to the same previous year, thus reaching the mark of 1 billion 123.9 million tons.

In January-November 2014, the turnover of the JSC RZD network reached 2099.5 billion tariff ton-kilometers (up 5.1 per cent over last year’s level), and taking into account the turnover mileage cars unladen – 2.699 trillion ton-kilometers (increase 5.5 per cent).

In just one month in November, this year was loaded 103.1 million tons, which is 0.3 percent less than the same last year.
Source – Rzd-partner.ru

IV Russian-Chinese forum “Business with China” was held on 25-26 November 2014 in the exhibition complex “LENEXPO” in Saint-Petersburg, Russia.

Forum “Business with China” brings together representatives of customs brokers, logistics companies and those who want to create a business with China under the same roof for years.

Excellent program, lectures on the organization of supplies from China from leading experts, as well as presentations of the largest trading companies built their business by selling Chinese goods.

More than 2,000 participants of the Forum are going to share their experiences in the conduct of international business and learn about the latest trends in trade and logistics, to find new partners and suppliers.