Port of Felixstowe hosts Worlds Biggest Container Ship

CSCL GlobeThe world’s largest container ship has arrived in the UK for the first time at the Port of Felixstowe. The Hong Kong-registered CSCL Globe, measuring more than 400m (1,313ft) in length is longer than four football fields placed end-to-end.

The record-breaking aspect of the Globe, owned by Shanghai-based China Shipping Container Lines and built-in South Korea, is its capacity. It can carry 19,100 standard 20ft containers. That’s estimated to be enough space for 156 million pairs of shoes, 300 million tablet computers or 900 million standard tins of baked beans.

Laid end-to-end, the maximum number of containers on board would stretch for 72 miles, the distance between Felixstowe and London, or Birmingham and Manchester.

The Globe’s period as the world’s biggest cargo ship is due to end later this month, however. The Oscar, owned by the Mediterranean Shipping Company and built by Daewoo in South Korea, is scheduled for its official launch on Thursday. Named after company president Diego Aponte’s son Oscar, it will be able to carry 19,224 20ft containers. Source: BBC News

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Change on the Horizon – 2014 Container Shipping Outlook

AlixPartners 2014 Outlook for Container ShippingThe 2014 outlook for the container shipping industry appears bleak. According to AlixPartners’ 2014 Container Shipping Outlook, the industry as a whole remains buried under a growing mountain of debt amid continued market turbulence. And this is hardly breaking news. With few exceptions, the industry has struggled for the better part of the past decade. What is new is the impact that that widespread financial distress is finally having on carriers and other key stakeholders: we are now seeing a number of profound structural changes to the industry—changes that may result in broad-ranging impacts on the major market participants.

For detailed analysis download the full report from AlixPartner’s website. Source: alixpartners.de