Category: Shipping

Sale at Pella Sietas

Around a year after filing for insolvency, the oldest German shipbuilding company still in operation, the Pella Sietas shipyard in Hamburg-Neuenfelde, is now nearing the end of its sell-off. The largest movable part of the insolvency estate, the 200 metre long floating dock, was recently secured by Flensburger Schiffbau-Gesellschaft. Tugboats have now transported the steel colossus through the Kiel Canal to Flensburg. It's something of a funny story that Pella Sietas tried to buy the then ailing shipyard in Flensburg just over two years ago. In September 2021, the shipyard, which was founded in 1635 and had been family-owned for over 300 years, went under Russian management in March 2014.

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With high-tech towards the rising sun

In view of the growing threat situation in the region, Japan is modernising its navy. In-house developments are complemented by purchased technology in the best possible way. Japan has the sixth longest coastline and the sixth largest Exclusive Economic Zone in the world. More than 90 per cent of Japan's foreign trade is conducted by sea. In line with its maritime interests and the exposed location of the island state, Japan maintains the second largest navy in Asia. The Japanese Maritime Self-Defence Force (Kaijo Jieitai) - known internationally as the Japanese Maritime Self-Defence Force (JMSDF) - currently has a total of 155 units, including supply vessels, patrol vessels and auxiliary vessels. The vast majority of the fleet is domestically produced. The majority...

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Sale prohibited

Danish regulatory authorities have prohibited the sale of Maersk Container Industries (MCI) to China International Marine Containers (CIMC), probably following intervention by the US Department of Justice. Maersk Container Industries had been fully focussed on the construction of reefer containers for years. It was feared that the sale of MCI would concentrate too much market power in China, which could potentially be exploited by the Chinese leadership at some point. In any case, around 90 per cent of containers produced worldwide come from China. CIMC alone has a market share of 42 per cent. In the reefer container segment in particular, MCI production would then account for over 90 per cent....

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World's largest container ship in Hamburg for the first time

The world's largest container ship currently under construction at Hudog-Zhonghua Shipbuilding in Shanghai, the EVER ALOT owned by Taiwanese shipping company Evergreen, has moored in Hamburg for the first time. The newbuild has a slot capacity of 24,004 TEU, breaking the magic figure of 24,000 TEU. With a length of 400 metres, a width of 61.5 metres and a draught of up to 17 metres, the mega-carrier can take twelve TEU more on board than its sister ship EVER ACE, and this difference is currently said to be...

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Fifth floating LNG terminal planned

According to the Federal Ministry of Economics, a further specialised ship for receiving and converting liquefied gas is to be stationed in Wilhelmshaven - it would be the fifth in Germany. The floating terminal is scheduled to go into operation in winter 2023. At the same time, the possibility of landing "green" hydrogen is to be created. According to the ministry, the ship, which has already been chartered for a period of five years, has a capacity of at least five billion cubic metres per year. The owner, the US company Excelerate, is to operate the ship together with a consortium consisting of Tree Energy Solutions (TES), Eon Green Gas and Engie. First floating ammonia storage and regasification plant In Japan...

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