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Monday, August 10, 2009
International Shipping
International Shipping S.A. is a subsidiary of d’Amico Società di Navigazione S.p.A., one of the world’s leading privately owned marine transportation companies, and operates in the product tankers sector, comprising vessels that typically carry refined petroleum products, chemical and vegetable oils. d’Amico International Shipping S.A. controls, either through ownership or charter arrangements, a modern, high‐tech and double‐hulled fleet, ranging from 35,000 and 51,000 deadweight tons. The Company has a history and a long tradition of family enterprise and a worldwide presence with offices in key market maritime centres (London, Dublin, Monaco and Singapore). The company’s shares are listed on the Milan Stock Exchange under the ticker symbol “DIS”.
Saturday, July 4, 2009
M.T. QUETTA ACQUISITION ON 10TH JULY 2008
Pakistan National Shipping Corporation (PNSC) today has acquired a state of the art and its first modern double hull oil tanker named “QUETTA”.
The M.T. Quetta is a May 2003, Japanese built, 107,215 metric tonnes deadweight, double hull, Aframax crude oil tanker. The vessel has been purchased from M/s Stena Snowdrops of Bermuda, a concern of Stena Bulk (Sweden).
The M.T. Quetta has heralded a new era in PNSC, an era of renewed commitment to modernization, development and strengthening of PNSC.
PNSC has been progressively growing over the years and M.T. Quetta is amongst the first of many things to come in furthering this growth. Extensive plans are underway for modernization of PNSC fleet with modern and versatile ships that can serve well Pakistan’s trade.
Monday, June 22, 2009
World’s top 10 shipping lines
The world’s top 10 carriers enjoyed a combined global market share of 60 per cent in 2006, up from 49.3 per cent in 2000, according to a new survey from a French shipping consultancy.
That’s an increase of 21.7 per cent, said the report compiled by AXS-Alphaliner, which added that the top 10 carriers’ combined fleet size had risen from 2.54 million TEUs to 6.28 million TEUs over the period.
The Liner Shipping Report shows that the world’s top three ocean liners, Maersk Line, MSC and CMA CGM, have increased their collective global market share from 32.4 per cent to 33.1 per cent in 2006 in terms of TEU carrying capacity.
This compares to a combined market share of 23.7 per cent on January 1, 2000, for the three leading container shipping companies, which back then were Maersk Sealand, Evergreen and P&O Nedlloyd.
What’s interesting about this growth is that Maersk Line commanded the largest global market share of 16.8 per cent at the beginning of this year, down from 18.2 per cent a year ago. The experts attribute this downturn to the integration difficulties Maersk faces with P&O Nedlloyd.
Both MSC and CMA CGM are said to have "strongly" strengthened their positions, with MSC raising its global market share from 8.6 per cent to 9.5 per cent in 2006. CMA CGM increased its share from 5.6 per cent to 6.5 per cent during the same period.
"It looks like the size and coverage extent of these two carriers give them more confidence in the future than smaller carriers and they are probably in a better position to sustain lower rates, thanks in part to economies of scale and through distinct commercial flair. It will allow them to drain cargo from smaller competitors and to continue growing faster than the rest", the report said.
The results highlight the rise and fall of some of the world’s top players by comparing the ratio between market shares on January 1, 2000 and January 1, 2007. The four success stories of this period are: CMA CGM, CSCL, MSC and Hapag-Lloyd.
During these last seven years, CMA CGM recorded a growth of 174 per cent, with its market share rising from 2.4 per cent to 6.5 per cent, with organic growth accounting for more than 80 per cent of this growth.
CSCL’s market share has risen from 1.67 per cent to 3.82 per cent, up by 127.8 per cent, purely through organic growth.
MSC’s market share has climbed from 4.4 per cent to 9.8 per cent.
Hapag-Lloyd’s market share grew from 2.0 per cent to 4.4 per cent, with the acquisition of CP Ships in 2005 accounting for around three-quarters of this growth.
In fifth place is the CSAV Group, whose market share rose from 1.4 per cent to 2.4 per cent in part due to the acquisitions of Norasia and the Norsul liner services, as well as organic growth.
Hamburg Süd, PIL and the IRISL are said to have performed well during this seven-year period and significantly increased their global market share, on the back of strong regional growth.
The levels of market share controlled by Japanese lines NYK Line, MOL and "K" Line are said to have remained about the same, Exim News Service reported.
That’s an increase of 21.7 per cent, said the report compiled by AXS-Alphaliner, which added that the top 10 carriers’ combined fleet size had risen from 2.54 million TEUs to 6.28 million TEUs over the period.
The Liner Shipping Report shows that the world’s top three ocean liners, Maersk Line, MSC and CMA CGM, have increased their collective global market share from 32.4 per cent to 33.1 per cent in 2006 in terms of TEU carrying capacity.
This compares to a combined market share of 23.7 per cent on January 1, 2000, for the three leading container shipping companies, which back then were Maersk Sealand, Evergreen and P&O Nedlloyd.
What’s interesting about this growth is that Maersk Line commanded the largest global market share of 16.8 per cent at the beginning of this year, down from 18.2 per cent a year ago. The experts attribute this downturn to the integration difficulties Maersk faces with P&O Nedlloyd.
Both MSC and CMA CGM are said to have "strongly" strengthened their positions, with MSC raising its global market share from 8.6 per cent to 9.5 per cent in 2006. CMA CGM increased its share from 5.6 per cent to 6.5 per cent during the same period.
"It looks like the size and coverage extent of these two carriers give them more confidence in the future than smaller carriers and they are probably in a better position to sustain lower rates, thanks in part to economies of scale and through distinct commercial flair. It will allow them to drain cargo from smaller competitors and to continue growing faster than the rest", the report said.
The results highlight the rise and fall of some of the world’s top players by comparing the ratio between market shares on January 1, 2000 and January 1, 2007. The four success stories of this period are: CMA CGM, CSCL, MSC and Hapag-Lloyd.
During these last seven years, CMA CGM recorded a growth of 174 per cent, with its market share rising from 2.4 per cent to 6.5 per cent, with organic growth accounting for more than 80 per cent of this growth.
CSCL’s market share has risen from 1.67 per cent to 3.82 per cent, up by 127.8 per cent, purely through organic growth.
MSC’s market share has climbed from 4.4 per cent to 9.8 per cent.
Hapag-Lloyd’s market share grew from 2.0 per cent to 4.4 per cent, with the acquisition of CP Ships in 2005 accounting for around three-quarters of this growth.
In fifth place is the CSAV Group, whose market share rose from 1.4 per cent to 2.4 per cent in part due to the acquisitions of Norasia and the Norsul liner services, as well as organic growth.
Hamburg Süd, PIL and the IRISL are said to have performed well during this seven-year period and significantly increased their global market share, on the back of strong regional growth.
The levels of market share controlled by Japanese lines NYK Line, MOL and "K" Line are said to have remained about the same, Exim News Service reported.
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We also assist with international moving services and relocation: professional loading at export warehouses, international moving via ocean containers, self-pack overseas relocation, worldwide household goods shipping, sending furniture abroad.
We can also arrange for international freight shipping and high & heavy cargo transport.
We're also an agent for a reputable insurance company and can provide All Risk & Total Loss cargo coverage at very competitive rates.
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