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Displaying items by tag: COSCO

#ports&shipping - On the Irish Sea the Port of Liverpool now has the world’s top five shipping lines all now calling on Merseyside following confirmation that Chinese giant COSCO Shipping is to ship via the port.

COSCO (Chinese Ocean Shipping Company) according to Peel Ports Group which includes Liverpool, will take slots on an existing Canadian service via Montreal with Orient Overseas Container Lines (OOCL). COSCO joins MSC, Maersk, CMA and Hapag in starting or growing a presence in Liverpool.

The decision follows a successful trial by COSCO Shipping in October, since when MSC has also introduced a new call to Liverpool, as part of a rotation including Canada, Turkey and various southern European ports.

This is the third major line announcement for Liverpool in the last few months, as the 2M shipping alliance confirmed at the end of 2018 that the English north-west port will be a permanent call on its TA4 transatlantic service.

Peel Ports also announced in February that it was aiming to create 250 jobs, mostly in Liverpool, to deal with continued business growth.

Published in Ports & Shipping

#ChinaCoastalTrade -  Three foreign-flag boxships owned by Cosco Container Lines according to LloydsLoadingList.com, have recently won government approval to carry containers between Shanghai and other Chinese ports.

The move signals an official launch of Beijing's pilot project to liberalise the country's cabotage restrictions.

The vessels, 49,961 dwt Cosco Surabaya, 49,973 dwt Cosco Venice and 49,959 dwt Cosco Wellington — all Hong Kong-flagged — are the first batch of players granted such privilege, while ships owned by China Shipping Container Lines are also applying for the designation, according to the state-run news agency Xinhua.

Beijing announced in 2013 that it would permit Chinese carriers to ship international cargoes between Shanghai and other Chinese ports with their own vessels flagged abroad after registering them in the transport ministry, under a pilot programme to boost transhipment in Shanghai free trade zone. The aim was to promote Shanghai, already the world's busiest port, as an international shipping centre.

For more on this trade development, click HERE.

 

Published in Ports & Shipping

The Rolex Fastnet Race - This biennial offshore pilgrimage attracts crews from all walks of life:- from aspiring sailors to professional crews; all ages and all professions. Some are racing for charity, others for a personal challenge. For the world's top professional sailors, it is a 'must-do' race. For some, it will be their first-ever race, and for others, something they have competed in for over 50 years! The race attracts the most diverse fleet of yachts, from beautiful classic yachts to some of the fastest racing machines on the planet – and everything in between.  The testing course passes eight famous landmarks along the route: The Needles, Portland Bill, Start Point, the Lizard, Land’s End, the Fastnet Rock, Bishop’s Rock off the Scillies and Plymouth breakwater (now Cherbourg for 2021 and 2023). After the start in Cowes, the fleet heads westward down The Solent, before exiting into the English Channel at Hurst Castle. The finish is in Plymouth, Devon via the Fastnet Rock, off the southern tip of Ireland

  • The leg across the Celtic Sea to (and from) the Fastnet Rock is known to be unpredictable and challenging. The competitors are exposed to fast-moving Atlantic weather systems and the fleet often encounter tough conditions
  • Flawless decision-making, determination and total commitment are the essential requirements. Crews have to manage and anticipate the changing tidal and meteorological conditions imposed by the complex course
  • The symbol of the race is the Fastnet Rock, located off the southern coast of Ireland. Also known as the Teardrop of Ireland, the Rock marks an evocative turning point in the challenging race
  • Once sailors reach the Fastnet Rock, they are well over halfway to the finish in Plymouth. The lighthouse first shone its light on New Year’s Day in 1854
  • Fastnet Rock originally had six keepers (now unmanned), with four on the rock at a time with the other two on leave. Each man did four weeks on, two weeks off
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At A Glance – Fastnet Race

  • The world's largest offshore yacht race
  • The biennial race is 605 nautical miles - Cowes, Fastnet Rock, Plymouth
  • A fleet of over 400 yachts regularly will take part
  • The international fleet is made up of over 26 countries
  • Multihull course record: 1 day, 8 hours, 48 minutes (2011, Banque Populaire V)
  • Monohull course record: 1 day, 18 hours, 39 minutes (2011, Volvo 70, Abu Dhabi)
  • Largest IRC Rated boat is the 100ft (30.48m) Scallywag 100 (HKG)
  • Some of the Smallest boats in the fleet are 30 footers
  • Rolex SA has been a longstanding sponsor of the race since 2001
  • The first race was in 1925 with 7 boats. The Royal Ocean Racing Club was set up as a result

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