X-Press Feeders Archives - The Loadstar Making sense of the supply chain Tue, 05 Nov 2024 12:29:46 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 31889032 X-Press Pearl claims case reopened after allegations of corruption https://theloadstar.com/x-press-pearl-claims-case-reopened-after-allegations-of-corruption/ https://theloadstar.com/x-press-pearl-claims-case-reopened-after-allegations-of-corruption/#respond Tue, 05 Nov 2024 12:29:46 +0000 https://theloadstar.com/?p=284313 The 2021 X-Press Pearl fire, reportedly the worst maritime disaster in Sri Lanka, has become controversial amid allegations of corruption in handling compensation claims under the previous government.
The island nation had a political leadership change in September, with left-leaning Anura Kumara Dissanayake elected as its new president.  
Containership X-Press Pearl, owned by Singapore-based X-Press Feeders, burned for almost two weeks before sinking off the Sri Lankan coast, sparking serious environmental concerns. The ...

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]]> https://theloadstar.com/x-press-pearl-claims-case-reopened-after-allegations-of-corruption/feed/ 0 284313 Red Sea crisis proving ‘a boom period’ for feeder operators https://theloadstar.com/red-sea-crisis-proving-a-boom-period-for-feeder-operators/ https://theloadstar.com/red-sea-crisis-proving-a-boom-period-for-feeder-operators/#respond Thu, 24 Oct 2024 11:15:28 +0000 https://theloadstar.com/?p=283401 The ‘new normal’ of ocean shipping disruption is good news for feeder operators, which have been growing their fleets rapidly over the past year.
This week Alphaliner reported that Singapore-headquartered X-Press Feeders had expanded its fleet by an “impressive” 21.8% since last October, adding 35,000 teu. And DP World-owned Unifeeder has boosted its fleet capacity by 23,000 teu, growth of 17.9%.
By comparison, the global liner fleet grew 10.9% in the same period.
“Both ...

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]]> https://theloadstar.com/red-sea-crisis-proving-a-boom-period-for-feeder-operators/feed/ 0 283401 X-Press Feeders signs MOU for green shipping corridors https://theloadstar.com/x-press-feeders-signs-mou-for-green-shipping-corridors/ https://theloadstar.com/x-press-feeders-signs-mou-for-green-shipping-corridors/#respond Fri, 05 Apr 2024 13:47:07 +0000 https://theloadstar.com/?p=268819 PRESS RELEASE
European Ports Forge Alliance to Propel Green Shipping Initiatives
Hamburg, [5 April 2024] – X-Press Feeders, the world’s largest independent common carrier, today signed of a memorandum of understanding (MOU) with six European ports: Port of Antwerp Bruges (Belgium), Port of Tallinn (Estonia), Port of Helsinki (Finland), Port of HaminaKotka (Finland), Freeport of Riga (Latvia) and Klaipeda Port (Lithuania).
This landmark agreement signifies a joint commitment to accelerate the establishment of ...

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]]> https://theloadstar.com/x-press-feeders-signs-mou-for-green-shipping-corridors/feed/ 0 268819 Ocean carriers pile on capacity and dominate intra-Europe shortsea market https://theloadstar.com/ocean-carriers-pile-on-capacity-and-dominate-intra-europe-shortsea-market/ https://theloadstar.com/ocean-carriers-pile-on-capacity-and-dominate-intra-europe-shortsea-market/#respond Wed, 28 Feb 2024 13:46:41 +0000 https://theloadstar.com/?p=266183 The major container lines continue to dominate regional carriers and commercial feeder operators in the intra-European shortsea markets.
The ocean carriers are keen to tap into niche European markets, as well as operate more of their own feeders and shuttle services in order to expand their global footprints.
Indeed, in past years they have invested heavily in bridging the gap between their deepsea and shortsea businesses, and recognising the operational and commercial ...

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]]> https://theloadstar.com/ocean-carriers-pile-on-capacity-and-dominate-intra-europe-shortsea-market/feed/ 0 266183 Carriers want ‘green’ feeder services, but will they pay for them? https://theloadstar.com/carriers-want-green-feeder-services-but-will-they-pay-for-them/ https://theloadstar.com/carriers-want-green-feeder-services-but-will-they-pay-for-them/#respond Mon, 19 Feb 2024 13:07:24 +0000 https://theloadstar.com/?p=265452 With ocean carrier hub & spoke operations in North Europe set to become more reliant on their services, feeder operators are jockeying for position as the ‘green’ feeder of choice.
Unifeeder said today it had signed a long-term charter agreement for two additional newbuild methanol-capable 1,250 teu vessels for delivery in 2026.
Unifeeder has been encouraged to take up its option on the extra ships following an agreement in October to take ...

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]]> https://theloadstar.com/carriers-want-green-feeder-services-but-will-they-pay-for-them/feed/ 0 265452 Methanol passes a milestone on its way to mainstream adoption https://theloadstar.com/methanol-passes-a-milestone-on-its-way-to-mainstrean-adoption/ https://theloadstar.com/methanol-passes-a-milestone-on-its-way-to-mainstrean-adoption/#respond Mon, 05 Feb 2024 13:39:14 +0000 https://theloadstar.com/?p=264412 Amid news that Maersk conducted its first ship-to-ship methanol bunkering on the newly delivered Ana Maersk at the weekend, new research finds methanol forging ahead of its alternative fuel competitor, ammonia.
The 16,200 teu Ana Maersk (pictured at its naming ceremony last week) bunkered ship-to-ship at the port of Ulsan in South Korea, which opens up the possibility of bunkering methanol at ports unequipped with quayside infrastructure, marking a milestone for its ...

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]]> https://theloadstar.com/methanol-passes-a-milestone-on-its-way-to-mainstrean-adoption/feed/ 0 264412 Evergreen Marine And X-Press Feeders Sign MOA for Green Shipping https://theloadstar.com/evergreen-marine-and-x-press-feeders-sign-moa-for-green-shipping/ https://theloadstar.com/evergreen-marine-and-x-press-feeders-sign-moa-for-green-shipping/#respond Thu, 01 Feb 2024 14:44:49 +0000 https://theloadstar.com/?p=264223 PRESS RELEASE
Evergreen Marine Signs on To Europe’s First Feeder Network Powered by Green Methanol
HAMBURG (1 February 2024) – Global container shipping line Evergreen Marine Corporation (Evergreen) has signed a memorandum of agreement (MOA) with X-Press Feeders, the world’s largest independent common carrier, to place its containers on X-Press Feeders’ new dual fuel green methanol vessels. X-Press Feeders is planning to run these vessels on green methanol and operate them within ...

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]]> https://theloadstar.com/evergreen-marine-and-x-press-feeders-sign-moa-for-green-shipping/feed/ 0 264223 Red Sea premiums tempt opportunistic operators, despite major Houthi attack https://theloadstar.com/red-sea-premiums-tempt-opportunistic-operators-despite-major-houthi-attack/ https://theloadstar.com/red-sea-premiums-tempt-opportunistic-operators-despite-major-houthi-attack/#respond Wed, 10 Jan 2024 12:59:31 +0000 https://theloadstar.com/?p=262419 Smaller shipping lines are continuing to operate in the Red Sea, despite a major attack by Houthis last night.
The US military reported that it and partners shot down 18 attack drones, two anti-ship cruise missiles and one anti-ship ballistic missile. There was no damage to ships or injuries to crew.
Four containerships were entering the danger zone this morning and another six under way, according to AIS data. Analyst Lars Jensen ...

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]]> https://theloadstar.com/red-sea-premiums-tempt-opportunistic-operators-despite-major-houthi-attack/feed/ 0 262419 X-Press Feeders’ methanol-fuelled newbuildings are Europe-bound https://theloadstar.com/x-press-feeders-methanol-fuelled-newbuildings-are-europe-bound/ https://theloadstar.com/x-press-feeders-methanol-fuelled-newbuildings-are-europe-bound/#respond Wed, 29 Nov 2023 13:51:39 +0000 https://theloadstar.com/?p=260307 X-Press Feeders’ 14 methanol-fuelled newbuildings will serve European routes, the world’s largest feeder operator said yesterday.
At the Marine Fuels 360 Conference in Singapore yesterday, X-Press head of sustainability Alex Hartnoll, said the operator had chosen methanol as its decarbonisation solution due to the small size of its ships.
He said: “We felt it’s the fuel type that really made the most sense for our operations, because of the nature of our ...

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]]> https://theloadstar.com/x-press-feeders-methanol-fuelled-newbuildings-are-europe-bound/feed/ 0 260307 X-Press Feeders sees Chittagong losses rise thanks to locals-only rule https://theloadstar.com/x-press-feeders-sees-losses-mount-at-chittagong-thanks-to-locals-only-rule/ https://theloadstar.com/x-press-feeders-sees-losses-mount-at-chittagong-thanks-to-locals-only-rule/#respond Mon, 16 Oct 2023 11:54:30 +0000 https://theloadstar.com/?p=256952 Three X-Press Feeders’ container vessels are facing severe service disruption in Chittagong port due to the “unexpected” strict implementation of Bangladesh’s Flag Vessel (Protection) Act.
The act mandates that at least 40% of sea-borne cargo relating to the country’s foreign trade has to be carried by Bangladesh-flagged vessels – despite local operators having only a few ships.
Last week, two Straits Orient Lines ships faced similar service disruption, but were issued waiver ...

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