Article Abstract:
Ferry operator Lineas Fred Olsen has improved its service by purchasing the Bonanza Express, a roll-on and passenger ferry that can travel at speeds of up to 35 nautical miles per hour. It is also capable of carrying weights of up to its own deadweight, 800 tons in light and heavy freight. The catamaran-designed ship has three tiers or levels for cargo and passengers. The first tier can accommodate as many as 240 cars and trucks, while the second and third tiers are equipped with aircraft type seating, a bar and restrooms.
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Article Abstract:
Container ship owners have proceeded to order new ships, expand their services and introduce new routes despite a downturn in trading and continuing, poor freight rates. For instance, Evergreen Group has placed an order for five 5,364-TEU U-class container ships with Mitsubishi Heavy Industries and intends to continue replacing its older vessels with new ships. Norasia Lines, meanwhile, will use its new class of 1,400-TEU vessels for a new Asia-Pacific North West service.
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Article Abstract:
South Korean shipping lines are ordering more ships from domestic and foreign shipyards as they seek to enter new routes. These companies include Hyundai Merchant Marine, Pan Ocean Shipping and Hanjing Shipping. Local shipyards benefiting from increased orders include Hyundai Motors, Daedong and Samsung.
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