MOL leaps ahead with more giant ships

Mitsui OSK Lines (MOL)

The Japanese shipping company Mitsui OSK Lines (MOL) has announced a contract with the Korean shipyard Samsung Heavy Industries, to build four container ships of 20,150 TEU capacities, at a total cost of $619 million.

It will add another two to be built in Japan, for which it has already signed a long-term chartering agreement with Shoei Kisen Kaisha.

The Japanese shipowner noted that these six colossal vessels are the largest in the world, because [...]

Workshops held for Short Sea Maritime Transport

Transporte Marítimo de Corta Distancia en Mesoamérica

The first of the Public/Private workshops on Short Sea Shipping, or SSS, has been held in the city of Managua, Nicaragua, organized by the Central American Commission on Maritime Transport (COCATRAM), in coordination with the Panama Maritime Authority (AMP) and with logistical support from the Inter American Development Bank (IDB).

The activity had the objective: of reviewing and validating with the public and private sectors in each of the ten countries of the Mesoamerica Project [...]

Experts hold forum to find solutions to labor disputes

Participantes del Foro Internacional sobre Métodos Alternos de Solución de conflictos aparecen en un receso junto al coordinador del evento, Orlando Allard, y el presidente de la Cámara Marítima de Panamá, Juan Carlos Croston

New Maritime Arbitration School

Reliability is a key component for any company that provides maritime transport services, especially when operating under the scheme of a set itinerary, which is that of the vast majority. And stoppages and strikes that are the product of labor disputes are the worst enemy of this reliability. As an example of the damage caused to a trade route are the recent strikes in the ports on the West Coast of [...]

VT Shipping positions Canal barge transshipment service

Las barcazas transitarán las viejas esclusas del Canal, que deberán tener más capacidad después de completarse la Expansión

Dutch company to pioneer new logistic phase for Panama

The Dutch company, VT Shipping, is preparing a system of container transshipment by barge between the Atlantic and Pacific ports of Panama through the Panama Canal.

The General Manager of VT Shipping in Panama, Mr. Jose Digeronimo, explained that the toll structure pertaining to the new Panama Canal Intra Maritime Cluster segment will take effect on April 1, 2015, and the company target is to start [...]

AMP to audit certification organizations of flag vessels

From January 2015 companies that inspect and certify foreign ships under the Panamanian flag will be audited by the Panama Maritime Authority (AMP) to assess the quality of services provided.

The Resolution of the Board of the AMP states:

“Article 1: Execution of the AUDIT PLAN will be carried out on all auxiliary entities, Recognized Organizations, Classification Societies and Recognized Security Organizations approved by the Republic of Panama, for the purpose of determining management, competition, [...]

Giant ships keep coming

El MSC Oscar, momentáneamente el barco más grande de contenedores del mundo

Last century the big passenger shipping lines raced for the fastest crossing to win the legendary Blue Riband of the Atlantic. Now the big container lines seem to be in a similar competitive mode, but this time to see who can build the biggest ship.

The latest is the MSC Oscar, momentarily the biggest container ship in the world. She was delivered to the Switzerland-based Mediterranean Shipping Co. The latest vessel to claim “biggest-container-ship-in-the-world” status, [...]

Shipping pioneer dies at age of 88

William Young Boyd II

William Young Boyd II peacefully passed away at home in Panama City on December 31, 2014, at the age of 88. He was born March 5, 1926 in Panama City, Republic of Panama.

Mr. Boyd graduated from Phillips Academy Andover in 1944 and was drafted into the U.S. Army as an infantry replacement. He was in combat in Europe from January 1945 through the end of the war in May. As part of the distinguished [...]