Following the acquisition, Navios Containers will own 22 vessels, totaling 93,130 TEU
, with a current average fleet age of 9.
41 million TEU
while throughput in the non-Kwai Tsing trades soared 22.
Apapa handled more than 1m TEU
last year for the first time but has a maximum draft of just 10.
The company expects to boost gross global capacity to 86 million TEU
by the end of 2016, an increase of nearly 15 million TEU
since 2012, and over 100 million TEU
of gross capacity by 2020.
It took 30 years for the average container ship size to reach 1,500 TEU
but just one decade to double from 1,500 to 3,000 TEU
, and will ensure our flagship asset continues to have sufficient capacity to serve the future growth demand of the UAE and the wider region," he noted.
Our flagship Jebel Ali port achieved yet another new record, with four million TEU
handled in the third quarter.
Those from South Korea went up 2% to 63,931 TEU
and from Taiwan, up 2.
Supply:Reversing the trend of several months with a falling level of idled containerships, mid-July numbers from Alphaliner now indicate that 187 units for 448,000 TEU
is currently idle.
3 percent annually to 107,685 TEU
, partially reflecting an improvement in local consumption.
Turnover within the UAE increased by 12% to 13 million TEU
, while the firm also recorded strong growth in emerging markets, including in South Asia, sub-Saharan Africa and Latin America.
DP World announced the construction of a 400 meter quay extension at its flagship Jebel Ali Port, increasing the facility's capacity by 1 million TEU
to 15 million TEU