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Maersk Line honoured with two awards at the 27th AFSCA


Maersk Line honored with two awards at the 27th AFSCA
News posted on 11 June 2013
Maersk Line stood out among more than 10 nominees, taking home the “Best Global Shipping Line” and the “Best Shipping Line - Asia-Europe” Awards at the 27th Annual Asian Freight & Supply Chain Awards (AFSCA), held on 9 May 2013, in Beijing. Updates on other news

Jens Eskelund, Managing Director of Maersk China Limited, who accepted the awards on behalf of Maersk Line shares, “It’s a great honor for Maersk Line to be recognized again by the industry and by our customers. The awards show that our continuous efforts to improve on our product and services are paying off. Our employees have been working hard to bring us to where we are today, so these are very welcome awards.”

Maersk Line has been awarded with the “Best Global Shipping Line” for the 20th consecutive year, and it is the 25th time Maersk Line has won the “Best Shipping Line - Asia-Europe” Award.

The Asian Freight & Supply Chain Awards are held annually by Cargonews Asia, a Hong Kong-based cargo freight and logistics trade newspaper. The Awards are designed to honour the respective winning organizations for demonstrating leadership as well as consistency in service quality, innovation, customer relations management and reliability.

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The First Triple-E has a name


The First Triple-E has a name
News posted on 17 June 2013
Maersk Line’s newest vessel, the first of the Triple-E series, was named Friday morning in a ceremony at the Daewoo Shipbuilding & Marine Engineering (DSME) shipyard in Okpo, South Korea. It bears the name of the late owner of the company, Mærsk Mc-Kinney Møller, who passed away last year at the age of 98.

Maersk Line CEO, Søren Skou, began the ceremony by welcoming all the special guests and recounting the important tradition of naming ceremonies in Maersk ever since the first event in 1906 welcomed Peter Mærsk as the second vessel in the fleet.

Godspeed! 

He then handed the podium and the honour of naming the first Triple-E vessel to Ane Mærsk Mc-Kinney Uggla, the youngest daughter of Mærsk Mc-Kinney Møller.

“I name you Mærsk Mc-Kinney Møller,” she said.

“As you sail the waters of the world, may your journeys be smooth and your tasks successful. May you bring happiness to your crew, may you be a safe haven for all who board you and may you bring pride and prosperity to all. I wish you Godspeed!”

Celebrating new standards

The Mærsk Mc-Kinney Møller is the largest ship in the world, and along with the other 19 Triple-E vessels on order from DSME, sets new standards in the container industry, not just for size, but also of energy efficiency and environmental performance. With unique design features for slower speeds and maximum efficiency, this vessel will emit 50% less CO2 per container moved than the current average on the Asia-Europe route.

The 20 Triple-E vessels will be phased in gradually over the next couple of years on the existing route between Asia and Northern Europe (AE10). Updates on other news

Special guests 

Guests at the ceremony included Mærsk Mc-Kinney Møller’s two other daughters, Leise Mærsk Mc-Kinney Møller and Kirsten Mærsk Mc-Kinney Olufsen, Danish ambassador to Korea Peter Lysholt Hansen, members of the vessel crew, and representatives from Maersk Line, Maersk Maritime Technology and the DSME shipyard.

Special guests standing with Ane Maersk Mc-Kinney Uggla and Jae-ho Ko, President and CEO of DSME, include Chairman of the Board of Directors of A.P. Møller - Maersk A/S Michael Pram Rasmussen, members of the Mc-Kinney Møller family, captains and first engineers of the vessel, and Danish ambassador to Korea Peter Lysholt Hansen. To know more about the largest container ship Triple-E, please Read more



Maersk's Largest ship
Official naming ceremony of Triple-E, Maersk's largest ship





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Maersk Line, MSC and CMA CGM to establish an operational alliance


Maersk Line, MSC and CMA CGM to establish an operational alliance
News posted on 18 June 2013
Maersk Line, MSC Mediterranean Shipping Company S.A. and CMA CGM have in principle agreed to establish a long-term operational alliance on East – West trades, called the P3 Network. The aim is to improve and optimise operations and service offerings. 

The P3 Network will operate a capacity of 2.6 million TEU (initially 255 vessels on 29 loops) on three trade lanes: Asia – Europe, Trans-Pacific and Trans-Atlantic.

While the P3 Network vessels will be operated independently by a joint vessel operating centre, the three lines will continue to have fully independent sales, marketing and customer service functions.

Improving services for the customers
The P3 Network will provide customers with more stable, frequent and flexible services.

Each of the lines will offer more weekly sailings in their combined network than they do individually. As an example, the P3 Network plans to offer 8 weekly sailings between Asia and Northern Europe. In addition the P3 Network will offer more direct ports of call.

The improved network is expected to reduce the disruptions for customers caused by cancelled sailings.

In order to provide customers with a consistent service offering across the network, the lines will establish an independent joint vessel operating centre.

Need for efficiency
Declining volume growth and over-capacity in recent years have underlined the need to improve operations and efficiency in the industry. This has prompted the creation of other operational alliances such as G6 and CKYH. Using the P3 Network the lines expect to be able improve their efficiency through better utilisation of vessel capacity.

Subject to approval
The lines intend to start operations in the 2nd quarter of 2014, but the starting date will be subject to obtaining the approval of relevant competition and other regulatory authorities.

In addition, the establishment of the P3 Network is subject to the lines agreeing on definitive contracts. Finalisation and signing of the contracts is planned for the 4th quarter of this year. News update



  • The P3 Network will based on existing capacities of each member, initially operate a capacity of 2.6 million TEU (255 vessels)
  • Maersk Line will contribute with approximately 42% of the capacity (including the new Triple-E ships), of about 1.1 million TEU. Maersk Line will continue to offer the Daily Maersk product to those customers requesting it.
  • MSC will contribute with approximately 34% of the capacity, of about 0.9 million TEU of capacity.
  • CMA CGM will contribute with approximately 24% of the capacity equalling 0.6 million TEU.
  • Vessels contributed to the P3 Network will continue to be owned and/or chartered by the lines.
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Maersk Line honored with the Seatrade Asia Award


Maersk Line honored with the Seatrade Asia Awards
News posted on 27 June 2013
Maersk Line won the ‘Environment Protection Award’ at the 2013 Seatrade Asia Awards ceremony, held on 21 June, in Hong Kong.

Cliff Chow, General Manager for Sales at Maersk Line South China, accepted the award on behalf of Maersk Line. “It is a great honor for us, which again demonstrates that our continuous efforts to reduce environment footprint has been recognized by the industry and by customers,” said Chow. ”We will continue to improve our energy efficiency and contribute to drive the industry-wide change with a strong sustainability profile.”

Held at the JW Marriott Hotel in Hong Kong, the Award function was a night of celebration. Clients and business partners joined hundreds of top shipping executives to reward outstanding performances at the region's finest shipping event. News update on other events

The Seatrade Asia Awards is an annual award function aimed to reward companies who have achieved excellence in the year. It is adjudicated by an independent panel of judges from different industries.

Established 40 years ago, Seatrade is a leader in maritime and cruise publications, conferences and exhibitions, training, awards and other special projects. They regularly conduct events like the international trade exhibitions and conferences across all maritime sectors, including the prestigious Seatrade Awards held at the Guildhall in London. To know about other significant events of shipping industry, Continue reading



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Sorting out the network


Sorting out the network
News posted on --02 July, 2013
Maersk Line has deployed recently world’s largest container ship in shipping trade. The vessel  is named as “Triple E” because it is specially designed for ‘Efficiency, Economy of Scale, and Environmentally improved’.
The Triple-E is a huge ship, designed specifically to sail from Asia to North Europe, the busiest and longest route in the world, where economies of scale and fuel efficiency matter the most. But with a worldwide fleet, (presently there are more than 500 ships of different types & sizes in  Maersk Line), how does Maersk Line decide which ships to deploy on which routes? Now Maersk Line is working to manage and rearrange its shipping network that suits customers and trade requirements.  
Keeping the fragile balance between supply and demand
Maersk Line has planned to deploy 20 new Triple-E ships to carry goods from Busan of South Korea to Gothenburg in Sweden. This new fleet will ensure economy of scale, energy efficiency and improved environmental impact. Transportation of increased number of containers per trip by Triple-E ship would help the company to save substantial amount of money on account of fuel and safeguard environmental pollution. Is it a risky action to launch world’s largest ship in the trade, when global economy is facing recession? If there is any threat of over tonnage due to depression in seaborne trade, the carrier can cut capacity elsewhere, in order to adjust the fleet to grow in line with the market demand.
Managing capacity around the world
Maersk Line operates more than 100 trades, as they are known in the shipping business, calling at ports in almost every country around the world. More than 600 vessels sail trades worldwide, around 200 of which are owned by Maersk Line with the remainder chartered from leasing partners.
The company keeps a close watch on each trade, managing the network to track which routes are growing and which are shrinking. Vessel deployment (supply) is adjusted according to the cargo that needs transporting (demand) – ensuring that Maersk’s service is both cost effective and environmentally friendly.
Cascading
When Maersk introduces the Triple-E ships on the Asia-Northern Europe loop (AE10), they will replace other vessels which will then be deployed on another trade – where they, in turn, will replace other older vessels. This process is called ‘cascading’.
Sometimes cascading leaves Maersk with vessels that are surplus to its needs. If these are chartered ships, they are generally returned to their owners. If they belong to Maersk’s own fleet, they can be sold or let to other operators, laid up for future use or recycled if they are not up to current fleet standards.
Ultimately the decision depends on a ship’s capacity, efficiency, years of service and environmental performance. In a nutshell, Maersk replaces older vessels with new vessels of latest technology to maintain a modern fleet, capable enough to meet customers need.
The Triple-E, however, will be riding the ocean waves for some time to come – the company expects it to remain in service for the next 25 to 30 years. News update on other events
The first Triple-E vessel is due in June 2013 and will transport cargo on the highly competitive Asia-Europe route to cover more than a dozen ports in a loop between Asia and Northern Europe.
 Facts on Triple E ship and market share of Maersk Line
 Maersk Line will take delivery of the first five (of 20) Triple-E vessels in 2013, deploying them on the Asia-Europe (AE10) route. The AE10 connects Asia to Northern Europe via the Suez Canal. The ports on that route currently are :  Busan (from April 2013) and Kwangyang (South Korea); Hong Kong, Ningbo, Shanghai and Yantian (China); Singapore; Tanjung Pelepas Malaysia); Port Tangiers (Morocco); Rotterdam (the Netherlands); Bremerhaven (Germany); Gdansk (Poland); Aarhus (Denmark); and Gothenburg (Sweden)
Maersk has the largest market share of any container shipping line on the Asia-Europe route, moving 20 per cent of the container cargo from Asia to Europe and 18 per cent in the opposite direction
The Asia-Europe route is Maersk Line’s busiest. It makes up one quarter of Maersk Line business and is worth several billion US dollars.
About Triple-E ship—Answers to probable questions
Why is the ship called Triple-E?
The three Es correspond to the ship’s main attributes:
Economy of scale, Energy efficiency and Environmentally improved.
When are you launching the Triple-E?
The first vessel is scheduled to be delivered on 2 July 2013. It will be launched shortly thereafter. The last one is scheduled for delivery in the Summer 2015.
What’s the capacity of the Triple-E?
18,000 Twenty-foot Equivalent Units (or containers)
How does that compare to existing ships?
Our largest vessels (Emma Maersk class) have a capacity of 15,500 TEU. With 18,000 TEU, the Triple-E offers a 16% increase.
What are the dimensions of the Triple-E?
The Triple-E is 400 metres long, 59 metres wide and 73 metres high.
How does that compare to existing ships?
That’s three meters longer and three meters wider than the Maersk E-class, our largest ship.
What is the weight of the Triple-E?
The pure steel weight of the vessel is approximately 55,000 tons. That does not include ballast water, cargo etc.
How many crew members does it take to operate a Triple-E?
The Triple-E will be manned by 22 crew.
Are crews specially trained to sail the Triple-E?
The crew (engineers and navigators) will receive specific training including five-day simulator training for navigators.
Where will the Triple-E sail?
The Triple-E will sail between Asia and Northern Europe. The list of ports can be found on www.maerskline.com under Services/AE10
What’s new in the Triple-E?
The main innovations are two ‘ultra-long stroke’ engines, an innovative efficient shape and advanced waste heat recovery system saving up to 10% of main engine power.
The Triple-E will have two four-blade propellers instead of the 6-blade larger propeller found on Maersk E-type class vessels.
How much fuel does the Triple-E use?
We expect the daily consumption to be approximately 100 tons.
Where will Triple-E go to refuel?
We predominantly fuel the ships in Rotterdam due to the attractive fuel prices there
What’s the impact of the Triple-E on the environment? 
Shipping is a polluting industry. Maersk Line emits 0.1% of the global CO2 emissions. In 2011 our CO2 emissions amounted to 34 million tons of CO2.
We have invested a lot to improve on those aspects. The Triple-E will consume approximately 35 percent less fuel per container than the 13,100 TEU vessels being delivered to other container shipping lines in these years.
It will be approximately 20% more fuel efficient than Maersk E-type class vessels, which are currently our best performing ships.
It will reduce CO2 emissions by more than 50% per container moved, compared to the industry average CO2 performance on the Asia-Europe trade.
It will come with a ‘Cradle to Cradle passport’ which is a database describing the material composition of the main components of the ship. The passport will be kept updated throughout the lifetime of the ship, and it will enable better recycling of the materials used to build the ship.

How fast does it sail?
The Triple-E will sail an average speed of 16 knots (=30 km/hour). This means the Triple-Es will be be slow steaming, like the other vessels on the AE10 string where they will be deployed. The slower the ship sails, the less fuel it will burn. It is cost and energy efficient and better for the environment.
How long does it take to sail from Asia to Europe on a Triple-E?
It takes 24 to 25 days to sail from Shanghai to Rotterdam on the current trade (AE10).



Largest container ship of the world
"Triple-E"- Largest container ship of the world













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News updates on global shipping


News updates on global shipping

Following important events have taken place in global shipping arena during the year 2013/14/15 and have become news headlines. The news have been arranged in descending order on the basis of date of post i.e the latest news will be on the top.


The biggest MSC cargo vessel ever built
16 December, 2014

The first Tripple-E container vessel of Maersk line named “Mærsk Mc-Kinney Møller” delivered in June 2013, is no longer considered as the largest container vessel in the world. A new record has been created by the Mediterranean Shipping Company S.A. (MSC), as they are going to launch the world’s largest new-built container vessel ‘MSC Oscar’ having container carrying capacity of 19244 TEUS, in their fleet by January, 2015. This exciting news was declared by the Company on December 16, 2014. It is an epoch-making event in the history of world maritime transportation industry.   Read More


“The CMA CGM LITANI”(10622TEUs) enters into the CMA CGM fleet by 2016
09 December, 2014
It is a good news for the shipping industry as well as  all related stakeholder  that CMA CGM shipping line along with  two other parties are going to add a new container vessel of 10622 TEUs capacity named “The CMA CGM  LITANI” to its present fleet by the third quarter of 2016. This procurement would be the third vessel out of total procurement target of 28 series of vessels within the capacity from 9400 TEUs to 10900 TEUs. It is worthwhile to mention here that the 1st vessel of the series named “The CMA CGM DANUBE” was delivered on last June, 2014. The delivery of the 2nd vessel named “The CMA CGM LITANI” was accomplished on December 03 and sailed from Chinese shipyard on December 06, 2014 respectively.   Read More


Maersk Line is Lloyd's List's Company of the Year
14  October 2013

Lloyd’s list declared Maersk Line as the Company of the Year 2013. On 1 October, Lloyds honoured Maersk line by presenting annual awards to Mr. David Brown, Sales Director of Maersk line, Great Britain, in a ceremony held at the Lancaster Hotel in London, in recognition of their achievements in the global maritime industry.




News posted on  12 September, 2013
Danish Government has recognized the outstanding performance of Maersk Line in supporting their export trade for decades and incorporated their name as “Borne global” to serve the interest of 30 leading export-oriented Danish Companies, who have been recently selected as “Export Canon” of the country. This decisive step of the government would open up new horizon to move the country towards sustained growth and development.


18 July 2013
The outstanding shipping services rendered by the Maersk Line all over the world, has witnessed another milestone of success, as Maersk (China) Shipping Company Ltd, bagged 3 awards at the 10th ‘China  Freight Industry  Award Ceremony’ held on 25th June 2013 at Shanghai.   Read More



15 July 2013
A memorable event happened on 15th July 2013 in the history of maritime industry. On this day, the first largest ship of the world named “Maersk Mc-Kinney Moller” under Triple-E  category, has commenced her maiden voyage from Busan of South Korea. The most experienced and highly professional crew members have been chosen from the Maersk Line, to man the ship who can shoulder the challenging responsibility of running the ship with utmost efficiency and reliability. The ship can accommodate 34 crew members. But there will be approximately 22 persons in the ship during her regular service.




Sorting out the network
02 July, 2013
Maersk Line has deployed recently world’s largest container ship in shipping trade. The vessel  is named as “Triple E” because it is specially designed for ‘Efficiency, Economy of Scale, and Environmentally improved’.
The Triple-E is a huge ship, designed specifically to sail from Asia to North Europe, the busiest and longest route in the world, where economies of scale and fuel efficiency matter the most. But with a worldwide fleet, how does Maersk Line decide which ships to deploy on which routes? Now Maersk Line is working to manage and rearrange its shipping network that suits customers and trade requirements.   Read more
27 June 2013
Maersk Line won the ‘Environment Protection Award’ at the 2013 Seatrade Asia Awards ceremony, held on 21 June, in Hong Kong.

Cliff Chow, General Manager for Sales at Maersk Line South China, accepted the award on behalf of Maersk Line. “It is a great honour for us, which again demonstrates that our continuous efforts to reduce environment footprint has been recognised by the industry and by customers,” said Chow. ”We will continue to improve our energy efficiency and contribute to drive the industry-wide change with a strong sustainability profile.”

Held at the JW Marriott Hotel in Hong Kong, the Award function was a night of celebration. Clients and business partners joined hundreds of top shipping executives to reward outstanding performances at the region's finest shipping event.  Read more

18 June 2013
Maersk Line, MSC Mediterranean Shipping Company S.A. and CMA CGM have in principle agreed to establish a long-term operational alliance on East – West trades, called the P3 Network. The aim is to improve and optimise operations and service offerings.  Read more

17 June 2013
Maersk Line’s newest vessel, the first of the Triple-E series, was named Friday morning in a ceremony at the Daewoo Shipbuilding & Marine Engineering (DSME) shipyard in Okpo, South Korea. It bears the name of the late owner of the company, Mærsk Mc-Kinney Møller, who passed away last year at the age of 98. Ane Mærsk Mc-Kinney Uggla, the youngest daughter of Mærsk Mc-Kinney Møller, had the honor of naming the vessel at the above official naming ceremony.   Read more


11 June 2013

Maersk Line stood out among more than 10 nominees, taking home the “Best Global Shipping Line” and the “Best Shipping Line - Asia-Europe” Awards at the 27th Annual Asian Freight & Supply Chain Awards (AFSCA), held on 9 May 2013, in Beijing.

Jens Eskelund, Managing Director of Maersk China Limited, who accepted the awards on behalf of Maersk Line shares, “It’s a great honour for Maersk Line to be recognised again by the industry and by our customers. The awards show that our continuous efforts to improve on our product and services are paying off. Our employees have been working hard to bring us to where we are today, so these are very welcome awards.”
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Maritime Shipping and Classifications

1.Shipping history at a glance
From time immemorial, people wanted to involve with trading activities at sea. As such when people had started to contemplate carriage of goods and merchandise from one country to another, from one region to another, and from one continent to another continent, then the idea of "Shipping" emerged in their mind. In the early days when Airways and Railways were not invented, the traders used rowing boats and then at later stage sailing boat to carry their merchandise from one country to another. With the continuous development of international trade and technology over the years, the mode of transportation of cargo by sea has developed notably i.e from sailing boat to modern motor ship. Now Merchant Shipping is considered to be the most reliable, cheap and safe mode of transportation in the international trade. It acts as the life blood of world economy, carrying 90% international trade with 102,194 commercial ships worldwide.


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Welcome to my blog

Welcome to my shipping blog


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Shipping Terms



Act of God
Accidents’ of a nature beyond human control such as flood Lighting or hurricane considered as “Force Majeure”.

American Bureau of Shipping
American Classification society which has established rules and regulations for the classification of seagoing vessels and other equipments.

Banker Adjustment Factor
Abbreviation  B.A.F.

Adjustment applied to offset the effect of fluctuation in the cost of bankers.


Balespace
The balespace of a vessel is the capacity of cargo spaces under deck expresseBd in cubic metres or cubic feet.

Ballast
Materials, generally water, solely carried to improve the trim and the stability of the vessel.

Bare Boat Charter
A demise charter whereby charterer  has the right to place his own crew on board of the vessel.   

Bay
A vertical division of a vessel to Indicate the stowage places for container. The numbers run from stern to stern: odd numbers indicate 20 foot position, even numbers  a 40 foot.

Bay Plan
A plan which shows the location of all the containers on the vessel.

Berth
Loading and discharging position at a quay.

Bill of Lading
Abbreviation :  B/L
A document which evidences a contract of carriage by sea and the taking over or loading of the goods by the carrier, and by which the undertakes to deliver the goods against surrender of the document. A provision in the document that the goods are to be delivered to the order of a named person, or to order, or to bearer, constitutes such an undertaking.

The document has the following functions :
    1) A  receipt for goods, signed by a duly  authorized person on behalf of the carriers.
    2) A document of title to the goods described therein.
    3) Evidence of the terms and conditions of carriage agreed upon between the two parties.

Break Bulk
General cargo conventionally stowed as opposed to unitized, containerized and Roll –on Roll-off cargo. Synonym : Conventional cargo

Call
The visit of a vessel to a port.

Charter Party
A contract in which the ship owner agrees to place his vessel or a part of it at the disposal of merchant or shipper, the charterer, for the carriage of goods from  one port or ports to another port or ports for which he receives a freight per ton of cargo, or to let his vessel for a definite period or trip for which hire is paid.

Container Freight Station
Abbreviations : C.F.S.
A depot in which L.C.L. cargo is received for stuffing into containers or at which L.C.L. cargo is tripped and delivered to merchants. 

Contract of Affreightment ( C.O.A )
An agreement whereby the ship owner agrees to carry goods by water, or furnishes a vessel for the purpose of carrying goods by water, in return for a sum of money called freight. There are two forms : the charter party and the contract contained in the Bill of Lading.

Deadweight
Abbreviation : D.W.T.
The total weight of cargo, cargo equipment, bunkers, provision, water, stores and spare parts which a vessel can lift when loaded to her maximum draught as applicable under the circumstances. The deadweight is expressed in tons.
Draught / Draft
Depth of water necessary to float a ship.            

Estimated Time of Arrival : Abbreviation – E.T.A.
The expected date and time of arrival in a port.

Estimated Time of Departure : Abbreviation – E.T.D.
The expected date and time of departure of a vessel.

General  Average
International act or sacrifices which is carried out to prevent the total loss of a vessel. When a vessel is in danger of total loss, the master has the right to sacrifice property and / or to incur reasonable expenditure to  prevent the total loss. Measures taken for the sole benefit of any particular interest are not considered general average.


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