Saravanan's Blog

  The Port of Melbourne (PoM) on 25 June 2020 welcomed CMA CGM Ural, the largest container ship by maximum capacity to call at the port. The 299-metre long vessel is one of six currently deployed on the South-East Asia - Australia trade route called the ‘AAX1’. It commenced its 42-day round-trip in Malaysia, calling at Singapore. It then made its way around Australia’s south-west coast and arrived into Melbourne’s Webb Dock for handling by terminal operator Victoria International Container Terminal (VICT). Named after the Ural mountain range that runs from north to south through western Russia, the vessel can carry up to 10,662 TEU (Twenty foot equivalent unit), with containers stacked up to 12 high on-deck. Compared to the 4,500 TEU carried by the average container ship currently calling at PoM, this is a significant increase in load carrying capacity. The CMA CGM Ural will spend 44 hours in Melbourne before departing for Sydney and Brisbane. Brendan Bourke, CEO Port of ...

Chennai: Port Wings News Network: Since June 2017, 43% of the VLOC fleet have been sent to the scrapyards, while 18% of the fleet is idled or damaged, a market analysis by Baltic and International Maritime Council (BIMCO) has revealed. "The tragic Stellar Daisy accident brought the safety aspect of VLOCs into question. Now, three years on, three out of five VLOCs are no longer in operation as their long-term charters have now expired. Going forward, the obsolete VLOCs will be phased out of the market and replaced with technologically superior and more reliable ships," said BIMCO’s Chief Shipping Analyst, Peter Sand. The VLOCs were converted from single-hull Very Large Crude Carriers (VLCC) towards the end of 2000 as an innovative result of the dry bulk super cycle and the IMO regulation which mandated that all single hull tankers should be phased out by 2010. With cheap and obsolete tanker tonnage in the market, investors eyed an opportunity to convert the shi...