MORE idle container ships are returning to service, shrinking 2.1 per cent in the last two weeks to 318 ship above 500 TEU, aggregating 1.4 million TEU, reports Alphaliner.
THE first in a series of 10 efficient 14,000-TEU ships, the NYK Blue Jay will benefit from the dual-rating capability of the narrow nine-cylinder Wertsila X82 diesel engine that allows for higher hydrodynamic efficiency.
THERE is still confusion among terminal operators and shippers on how individual countries will enforce the new International Maritime Organisation (IMO) rules, effective July 1, that require shippers to provide the verified gross mass (VGM) of containers before loading.
IN a bid to operate one of the newest and most competitive reefer container fleets in the liner shipping industry, NYK has ordered 5,500 technologically advanced 40-foot refrigerated (reefer) containers. Delivery of the new units has already commenced.
JAPANESE shipping giant NYK has become a member of the Maritime Anti-Corruption Network (MACN), a global business network that works toward realising fair trade in the entire shipping industry, the company announced.
STATE-OWNED CITIC (China International Trust and Investment Corporation) said that its banking, securities, trust and construction divisions will invest CNY700 billion (US$112.79 billion) to support China’s new “One Belt, One Road” initiative.