Say hello to HMM Algeciras, the largest container vessel on earth
What started out as an effort to optimise on economy and efficiency with an environmental touch in 2013 with the introduction of the Triple E series ships soon became kind of a mine-is-bigger-than-yours showboating..
Between 2013 and 2019 there were 8 “largest container vessel in the world” title holders operated by some of the world’s largest container shipping lines..
The increase in TEU capacity in the last 6 years within this ULCV class is around 5,964 TEUs which is the size of a regular container vessel still operating in many of the world’s trades now..
On the 23rd of April 2020, HMM became the latest entrant to this size race when they held a naming ceremony for their first 24,000 TEU containership – the latest largest container ship on earth – the ‘HMM Algeciras’..
Shipping Jargon : Street Turn
There is a new shipping jargon in town and it is called Street Turn.. It is a charge about to be implemented by a few of the shipping lines..
This has the shippers up in arms with some terming it as insane, appalling and a huge mistake.. Read about it here and join a short poll on what your opinion is about the street turn..