Zim scales up its box ship fleet to challenge its liner rivals
Israeli carrier Zim achieved the biggest jump in average vessel capacity among the top ten ...
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
This could possibly be one of the most important design developments in the history of container shipping – the creation of a vessel that does away with its diesel engine, replacing it with a combined gas and steam (COGAS) turbine, electrically driven and powered by LNG. The joint-research project, involving ship classification society DNV GL, French container line CMA CGM and LNG specialist GTT, concluded that “the space normally occupied by a conventional engine room can be used to increase cargo capacity by approximately 300 container slots compared to a heavy fuel oil-fuelled ship”. While more container slots is the last thing the industry needs at the moment, one of the first thing it does need is better environmental performance, which LNG solves at a stroke.
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