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Displaying items by tag: Container Trade Deals

#ContainerAgreement– CMA CGM, the world's third largest shipping container operator, has announced the signature of three major agreements with China Shipping Container Lines (CSCL) and United Arab Shipping Company (UASC).

Under the name of 'Ocean Three,' they concern the Asia-Europe, Asia-Mediterranean, Transpacific and Asia-United States East Coast maritime trades.

The agreements (a combination of Vessel Sharing Agreements, Slot Exchange Agreements and Slot Charter Agreements) will complete the CMA CGM offering on the biggest global maritime markets, the French ocean shipping group said in a statement.

On the Asia-Europe trade, four weekly services will be offered , joining the two existing services, making a total of six departures per week

For more on this story, LloydsLoadingList.com has a report.

 

Published in Ports & Shipping

Shipyards

Afloat will be focusing on news and developments of shipyards with newbuilds taking shape on either slipways and building halls.

The common practice of shipbuilding using modular construction, requires several yards make specific block sections that are towed to a single designated yard and joined together to complete the ship before been launched or floated out.

In addition, outfitting quays is where internal work on electrical and passenger facilities is installed (or upgraded if the ship is already in service). This work may involve newbuilds towed to another specialist yard, before the newbuild is completed as a new ship or of the same class, designed from the shipyard 'in-house' or from a naval architect consultancy. Shipyards also carry out repair and maintenance, overhaul, refit, survey, and conversion, for example, the addition or removal of cabins within a superstructure. All this requires ships to enter graving /dry-docks or floating drydocks, to enable access to the entire vessel out of the water.

Asides from shipbuilding, marine engineering projects such as offshore installations take place and others have diversified in the construction of offshore renewable projects, from wind-turbines and related tower structures. When ships are decommissioned and need to be disposed of, some yards have recycling facilities to segregate materials, though other vessels are run ashore, i.e. 'beached' and broken up there on site. The scrapped metal can be sold and made into other items.