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SHIPPING NEWS » CONTAINER


APL meets Asia-Europe challenge with 10,000-TEUers on South China Express

APL meets Asia-Europe challenge with 10,000-TEUers on South China Express

SINGAPORE's big container shipping line, APL, plans to deploy in December the first two ships of its 10,000-TEU newbuildings on the Far East-Europe South China Express loop (SCX), operated jointly with MOL within the New World Alliance.
Tuesday, 22.Nov.2011, 23:40 (GMT+3)

SINGAPORE's big container shipping line, APL, plans to deploy in December the first two ships of its 10,000-TEU newbuildings on the Far East-Europe South China Express loop (SCX), operated jointly with MOL within the New World Alliance.

NWA partner Hyundai Merchant Marine also co-loads on this service, while CMA CGM and Grand Alliance partners (Hapag-Lloyd/NYK/OOCL) purchase slots, reports Alphaliner.

The two giant newbuildings, the APL Chongqing and APL Kwangyang, are part of a four-ship series ordered by parent by NOL in June 2007 from Hyundai Heavy Industries.

The ships, with another six similar size vessels, are expected to operate on the Asia-Europe trade at a lower speed than initially planned.

The original eight ships are to be handed over between eight and 12 months later than initially planned as their deliveries were deferred in the aftermaths of the September 2008 financial debacle, said Alphaliner.

The report said these ten 10,000-TEU ships are expected to replace on the South China Express by MOL-operated ships and the 8,100-TEU to 8,500-TEU vessels chartered by APL from MOL and MISC (despite a possible loop revision in 2012).

It said the APL Chongqing will replace the 8,110-TEU MOL Creation on the SCX. The displaced ship will then join the NWA's Asia Europe Express' loop (AEX) that deploys 8,000+ TEU vessels.

Read: 4508 Times- APL, 16000 TEUers, Asia-Europe, -


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Maersk CEO: 'We can outlast you' - some say 'war of attrition' declared (Tuesday,22.11.2011)
Hapag-Lloyd Q3 profit down 618pc, sales off 15pc - soaring bunker blamed (Monday,21.11.2011)
Containership owners see value of their fleets sinks (Monday,21.11.2011)
South Korea: STX Secures USD 310 Million Container Ship Order (Monday,21.11.2011)
CMA CGM ups Asia rates, levies Asia-Med peak season charge December 15 (Monday,21.11.2011)
Asia-Europe rates drop to $540/TEU, some see mergers forced by plunge (Monday,21.11.2011)
MSC's extends slot charter with Maersk, Hamburg Sud on Oceania loop 2 (Saturday,19.11.2011)
Drewry's transpacific rate falls US$64 to $1,457/FEU in mid-November (Thursday,17.11.2011)
Maersk cuts calls to Port Said, Valencia, Algeciras on Asia-Med services (Thursday,17.11.2011)
MSC ups rates from Far East to North America, Caribbean, Central America (Thursday,17.11.2011)





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The 366 metres long container giant MSC BEATRICE passing through the Strait of Çanakkale (Dardanelles). Photo by Ahmet GĂŒven.


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