Ever Ace - This one made it through the Suez :)

[dolabriform]

I like that they put all the green containers on the outside for the photo op



EVER ACE, The World's Largest Containership, Transits The Suez Canal

 

[newtothis]

Ever Marketing Stunt. That ship is 400m long by 61 wide. Just like Ever Given was when it parked up in Suez
It can theoretically hold a massive 14 more 40ft containers that the previous holder of the title.
Most carriers have stopped doing the willy waving about having the biggest boat, but some persist.

 

[Bajansailor]

Didn't any yachtie ever tell them that anything green is bad luck on any vessel?

EVER ACE (Container Ship) Registered in Panama - Vessel details, Current position and Voyage information - IMO 9893890, MMSI 352986146, Call Sign 3E2382

Her size is very impressive - her deadweight is 241,960 tonnes and her gross tonnage is 235,579 - this is about 7,000 gross tons more than the largest cruise ship (Royal Caribbean).
And her current draught is 16 metres - she would be aground even before she got anywhere near the entrance channel to our harbour here.

 

[Blueboatman]

“I’ve got the worlds biggest floater” doesn’t sound quite right

 

[capnsensible]

Ever Marketing Stunt. That ship is 400m long by 61 wide. Just like Ever Given was when it parked up in Suez
It can theoretically hold a massive 14 more 40ft containers that the previous holder of the title.
Most carriers have stopped doing the willy waving about having the biggest boat, but some persist.

I can recommend the visitor centre at the Gatun Locks, Panama. Great view of the new Panamax locks and a regular movie showing the construction. Good way to use some time whilst kicking your heels waiting to go through on a yacht.

 

[capnsensible]

Shipyard order books booming.

Container ship order book doubled up in 2021 | Hellenic Shipping News Worldwide

 

[newtothis]

I can recommend the visitor centre at the Gatun Locks, Panama. Great view of the new Panamax locks and a regular movie showing the construction. Good way to use some time whilst kicking your heels waiting to go through on a yacht.

Haven't been to the Gatun locks centre, but the Miraflores one is great too.

 

[newtothis]

Shipyard order books booming.

Container ship order book doubled up in 2021 | Hellenic Shipping News Worldwide

Doubling is, of course, a relative term. The orderbook up to last autumn had been at historically low levels. There's been a big boost push for more tonnage this year, but the orderbook is still only 20% of the extant fleet. In 2010, it was 60%.

 

[capnsensible]

Haven't been to the Gatun locks centre, but the Miraflores one is great too.

We waved to goofers there when we were passing through the locks. ??

 

[capnsensible]

Doubling is, of course, a relative term. The orderbook up to last autumn had been at historically low levels. There's been a big boost push for more tonnage this year, but the orderbook is still only 20% of the extant fleet. In 2010, it was 60%.

I just googled container ship orders and that's one of many that surfaced. Here's another:

Ship Orders Surge as Carriers Rush to Add Capacity

 

[capnsensible]

Liked this bit:

They are making bucketloads of money and when that happens, owners invest in new ships,” said Peter Sand, chief shipping analyst at Denmark-based shipping trade body Bimco. “Orders have doubled so far in 2021, nearly reaching the total tonnage ordered for all of last year. I won’t be surprised if there is another wave of ordering"

Interesting to hear from you guys in the bizz. ?

 

[newtothis]

Liked this bit:

They are making bucketloads of money and when that happens, owners invest in new ships,” said Peter Sand, chief shipping analyst at Denmark-based shipping trade body Bimco. “Orders have doubled so far in 2021, nearly reaching the total tonnage ordered for all of last year. I won’t be surprised if there is another wave of ordering"

Interesting to hear from you guys in the bizz. ?

I usually talk to Peter once a week or so. I don't disagree with his analysis - he's better at it than me - but there's more to it than just owners with money spending it on newbuildings.
- carriers have [almost] long enough memories to recall the overcapacity that was still apparent way back in, oh, early 2019. They're not going to allow that to happen again after learning how to make money for the first time in over a decade.
- many of the ships in the fleet are going to need to super slow steam due to environmental regulations kicking in over the next couple of years. That means you need more ships to keep running a regular weekly service. That means the new tonnage will be absorbed into the market
-very little old stuff has been scrapped recently - it's earning too much right now - but after the goldrush, a lot of steel is going to the beaches, which will need replacing
- volume growth of 2%-3% a year needs capacity growth of 2%-3% a year.
So yeah, carriers and tonnage providers are buying, but the big numbers are relative to what the market needs. I suspect there will be a bit of a glut in 23-24 when deliveries kick in, but probably manageable.

 

[penfold]

No doubt they'll end up stacked in Loch Striven or Falmouth again at some point.

 

[andy59]

On the flip side of the shipping gold rush , i have suppliers abandoning high volume / low value goods on the docks in china as it simply makes no financial sense to pay the prices being charged at the moment. What used to be 2000 dollars per box is now 11000 to 15000 dollars, will be interesting to see where it will end up. Don't expect any bargains in garden furniture next year .

 

[capnsensible]

On the flip side of the shipping gold rush , i have suppliers abandoning high volume / low value goods on the docks in china as it simply makes no financial sense to pay the prices being charged at the moment. What used to be 2000 dollars per box is now 11000 to 15000 dollars, will be interesting to see where it will end up. Don't expect any bargains in garden furniture next year .

A friend of mine imports a lot of stuff from China. Around the time of the canal being blocked, he had 40 containers on various ships spread out in transit. The jump in transport charges added an extra £600k to his shipping bill. Which caused a bit of a sharp intake of breath....
Of course, that will be passed on to his customers, but wow, it's a bit harsh.

 

[newtothis]

A friend of mine imports a lot of stuff from China. Around the time of the canal being blocked, he had 40 containers on various ships spread out in transit. The jump in transport charges added an extra £600k to his shipping bill. Which caused a bit of a sharp intake of breath....
Of course, that will be passed on to his customers, but wow, it's a bit harsh.

There are crazy prices out there right now, but remember that these are the outliers on the bell curve. The best average revenue per 20 ft in the past quarter was only $2,100. Contract volumes are not shipping at these prices; it is the last few boxes that someone is desperate to put on a ship.
If you can fit 1,000 iPhones in a box and they sell for $1,000, you don't really care about paying $25,000 to get hold of your $1m cargo. But if you're desperate to ship $10k of rattan furniture from Indonesia right now, you're ship out of luck.
If you do shed loads of cheap stuff on a contract, you might still break even, but if you're a small importer/forwarder, you're not going to be able to compete. If you put prices up you customers will go elsewhere and if you suck up the shipping costs you're going to lose money.
Arguably many of these businesses only succeeded because of artificially low shipping prices where it was the shipping line that made the losses.
When you think about it, shipping 25 tonnes of tat from Shanghai to Felixstowe for less that $2,000 is a bit optimistic.

 

[capnsensible]

Top explanation, ta. My friend is somewhat nervous about passing the prices on, but his specialist stuff with not a lot of competition in his market will, probably, let his customers suck it up. Doesn't help others though....

Whilst idly looking at vessel finder, Suez Canal.....as you do, there still seems to be a mass of ships transiting. Including, as I type, the British Destroyer that was broken in Italy and now doing catch up. It's a fascinating site and probably grabs my attention too much. ?

But also been watching out for friends doing a yacht delivery from Canaries to Falmouth and are now in the Western Approaches. Oops, thread drift but it is boaty.

 

[Stemar]

My friend is somewhat nervous about passing the prices on, but his specialist stuff with not a lot of competition in his market will, probably, let his customers suck it up.

As a customer, I'd grumble, but accept that - until shipping prices fall and the prices stay up. Then I'd look for another supplier.