ULCV Milano Bridge Joins K Line

Japanese shipping company Kawasaki Kisen Kaisha (K Line) has taken delivery of Milano Bridge, a 14,000 TEU containership newbuilding.

The ultra large container vessel (ULCV) was handed over to the company by Hiroshima Shipyard, part of Imabari Shipbuilding, on January 18.

Featuring a length of 365.9 meters and a width of 51.2 meters, the boxship flies the flag of Panama. The 146,931 dwt vessel currently has a market value of USD 92.6 million, VesselsValue’s data shows.

As explained by the company, Milano Bridge is same as the series of containerships delivered in 2015 and the first vessel belonging to the second generation. It will be deployed in the Asia-Mediterranean service (MED2) under THE Alliance.

K Line has five ULCVs scheduled for delivery this year, bringing the total number to ten units. Additionally, its total container fleet comprises more than 60 vessels.

Earlier this month, K Line and its two compatriot shipping companies Mitsui O.S.K. Lines (MOL) and Nippon Yusen Kabushiki Kaisha (NYK Line) said that their new joint venture company, Ocean Network Express, received all necessary merger approvals from local competition authorities.

The three companies are integrating their container shipping businesses, including terminal operation businesses outside Japan. The JV would operate a fleet totaling 1.4 million TEUs, placing it as sixth in the market with approximately 7 percent of global share.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Aug 2019 >>
MTWTFSS
29 30 31 1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 31 1

World Gas Series: Morocco Summit

Bringing together key players in the gas value chain in Morocco, the World Gas Series:

read more >

GreenTech in Shipping USA Forum 2019

GreenTech in Shipping USA Forum is an event for Maritime leaders who want to unlock successful business formula of the industry!

read more >

Shipping Transformation Asia

Shipping Transformation Asia will provide a platform for future-focused discussion in the shipping,…

read more >

Global Sustainable Shipping Forum 2019

The event will provide valuable insights from conference sessions, great networking opportunities and will offer…

read more >