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Port Klang receives largest container ship

The largest containership afloat, the 7,506 TEUs capacity Hamburg Express belonging to Hapag Lloyd made its maiden call to Northport at Port Klang last week, demonstrating yet another milestone in the growing size of ships that have recently started calling at the premier Malaysian port.

 

Hamburg Express is deployed by the leading German shipping line in the direct Asia Europe eastbound service or loop D jointly served by members of the New Grand Alliance (consisting of Malaysian International Shipping Corporation, P&O Nedlloyd, Orient Overseas Container Line and NYK).

 

The 320-metre long Hamburg Express, the largest to call at Port Klang, is capable of carrying 7,506 TEUs, with a maximum of 17 containers stacked next to one another on deck and 16 layers on top of one another, including seven on deck.

 

The main engine – easily the size of an average house - has an output of 68,640 kW or over 93,000 hp, providing a speed of over 25 knots, or over 50 km/h. 

 

The propeller with its diameter of 9.1 metres and weight of 100 tonnes is currently the world's largest driving a containership.

The managing director of Hapag Lloyds (SEA) Sdn Bhd Dr Ralf Lisch said the "Hamburg Express" was built by Hyundai Heavy Industries in Ulsan, South Korea and delivered to the shipping line on February 14th this year. 

 

The full rotation of eastbound service is Port Klang, Singapore, Hong Kong, Shanghai, Xiamen, Yantian, Hong Kong, Southampton, Hamburg, Rotterdam, Malta and Port Klang.  

 

Commenting on the slow down of the global economy and over capacity situation in the liner trade, Dr Lisch said decisions to order a big ship like Hamburg Class is cannot be based on short-term market fluctuations. 

 

“In fact our forecast shows that Hapag-Lloyd will need additional capacity from 2004. As such the delivery of additional three more newbuilding will raise total Hapag-Lloyd handling to more than 2 million TEUs from present 1.7 million TEUs globally,” he told NST.

He said the company, which has reported spectacular results of 2001, is expecting a slower growth than the global growth due to the lower freight rates. 

 

He noted that freight rates in the Asia-Europe trade lane are down by US$500 per TEU in the last one year.

“However, there is no complaints over the volume and as such we need to continue with our long term capacity and investment strategy,” said Dr Lisch.

 

With the vessels now on order, by spring 2004 Hapag-Lloyd fleet will comprise 37 units, including 18 identical ships with 4,900 TEUs capacity, as well as the eight new buildings capable of 6,750 TEUs or 7,500 TEUs carrying capacity.

 

Hapag-Lloyd provides over 40 services a week to all the world's main business centres. They include 16 departures a week to Asia/Australia (including the Middle East), 12 to North America, 10 on the Pacific between America and Asia and 5 between Europe and South America.

 

Meanwhile, in Bonn, the German shipping and logistics group Hapag-Lloyd announced that it has achieved “the best year ever” results in its 155-year history.

 

Its outgoing chief executive Bernd Wrede said the downward trend in world trade hit the company, but not as hard as others. “Our profit curve is flattening, but we are still in the black, including the fourth quarter,” Wrede said.

 

In the first three quarters, the company’s operating profit after depreciation and interest was up 19 per cent to Euros 250m (US$219m). 

 

 “For the full year, we expect a rise in profits by 10%,” he added.

 “We grew considerably more strongly than the market with its 1% to 2%,” Wrede said. 

 

 “World trade will grow more slowly, but it will grow,” Wrede said. There would be a growing discrepancy between available tonnage and demand.

 

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