Yantian Express reaches its destination Halifax finally

shipping and freight news

Further to the various articles I have posted on this site about the fire damaged container ship Yantian Express, readers may be happy to hear that the ship has finally reached its destination..

Yantian Express a 7,510-TEU vessel operated by Hapag Lloyd suffered fire on board in early January while on its way from Colombo, Sri Lanka to Halifax, Canada.. The ship was carrying around 3,875 containers at the time of the incident of which 320 containers were a total loss..

Yantian Express finally reached Halifax on the 20th of May 2019..

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Can transit time be guaranteed in shipping..??

Shipping and Freight Resource Opinion

“My container didn’t reach the destination as per the transit time you indicated….!!!!”

This is one of the common disputes/complaints that shippers have with carriers..

What is transit time and can transit time be guaranteed in shipping..??

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BOXBAY – A high rise container storage solution by DP World

DP World BOXBAY - Shipping and Freight Resource

DP World who are well known for their container terminal operations around the world has come up with an innovative solution which is designed to transform the way containers are handled in container terminals – whether greenfield or brownfield..

A greenfield terminal is a newly built terminal built from scratch for the purpose of container terminal operations, whereas a brownfield terminal is an already existing container terminal which needs to be modified or upgraded and has several infrastructure or development constraints such as space..

In this day and age where the urban world is facing space constraints in terms of land, whether it is buildings or container terminal storage, the only way seems to be UP..

A new joint venture between global trade enabler DP World and industrial engineering specialists, SMS Group has done just that by launching BOXBAY – a new high bay container storage system that will transform the way containers are handled in the ports it operates in..

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What is a Blank sailing..??

Featured image for blank sailing
  • Trans-Pacific carriers accelerate blank sailings
  • More blank sailings spell volatility for trans-Pacific
  • AE2-blank-sailing-announcement-Europe-Services – Maersk
  • Falling US imports spell more trans-Pacific blankings
  • Soft demand and falling rates push 2M to blank another Asia-USEC sailing
  • Ocean Alliance to Blank Ten Transpacific Sailings as Spot Rates Plummet

These are some of the headlines you might have seen across many media, all with one common factor “blank sailings”..

What is this blank sailing and how does it impact or influence global container shipping..??

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Maersk Triple-E vessel to sail on biofuel

vegetable oil powered ship - shipping and freight resource

Maritime transport (sea transport) accounts for around 90% of the global trade.. While the greenhouse gas emissions from shipping is much lower than other modes of transport at around 2.6% of total global emissions, this share could more than triple by 2050 if additional measures are not taken to reduce these emissions..

The International Maritime Organization (IMO) has been working to reduce the harmful impacts of shipping on the environment since the 1960’s and in 2016 adopted a new regulation commonly termed IMO 2020..

In line with this requirement and in an effort to reach its net zero CO2 target by 2050, Maersk Line will be teaming up with a group known as Dutch Sustainable Growth Coalition (DSGC) consisting of Dutch multinationals – Friesland Campina, Heineken, Philips, DSM, Shell and Unilever (many of them Maersk Line’s customers) on a pilot project to test the use of second-generation biofuels.

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What is IMO 2020 and how you could be affected..

IMO2020 - shipping and freight resource

If you are in the shipping and freight industry you may have heard several whisperings, notices, loose talk, official talk, speeches etc about IMO 2020..

But what is this IMO 2020, who will be impacted and how will it affect your life in the shipping and freight industry..??

This article examines the impact of IMO 2020 on shipping lines and cargo owners, the options available and how this lower sulphur emission standards can be achieved..

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Difference between a shipbroker and ship charterer

shipbroker and ship charterer - shipping and freight resource

In one of my previous articles, I had posted about what happens in a day in the life of a Shipbroker.. Then came some questions from readers about what is the difference between a shipbroker and a ship charterer..

In this article, I discuss the Difference between a shipbroker and ship charterer and the role that both of them play in global trade..

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Updated information on Yantian Express General Average

Information article

Yesterday, I posted some questions relating to the consequences and process of General Average – once it is declared..

In a press release, ONE (Ocean Network Express) one of the alliance partners of Hapag Lloyd, have released further information relating to the Yantian Express which declared General Average on the 25th of January 2019..

The “Yantian Express” suffered a major fire resulting in both the vessel and a portion of the cargo suffering either fire or water damage..

ONE has released an update on the General Average security demand, latest salvage declaration details, a Salvage Guarantee Form and an overview of frequently asked questions (FAQ)..

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General Average declared on fire stricken Yantian Express

Shipping and Freight Resource - News

It was expected and would have been just a matter of time.. 

We reported previously that part of the 16-year-old Yantian Express the 7,510 TEU, 320m German-flagged ship of Hapag Lloyd went up in flames on the 3rd of Jan 2019 while on its way from Colombo to Halifax via the Suez Canal..

The container fire that broke out was largely contained and brought under control after one week and the ship sailed to the Port of Freeport (Bahamas) for further recovery and cargo damage assessment. when it arrives in Freeport around the 1st of Feb 2019.. 

On January 25, 2019, Hapag Lloyd declared “General Average” for the Yantian Express..

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