Dear clients,

Our office will be closed on Monday September 5th to celebrate Labour Day. Regular working hours will resume on Tuesday September 6th. Please note that all Bidding will operate as usual so you are welcome to place Bids and Buy nows.

If your matter is urgent and you require immediate assistance, please email info@auctionexport.com and someone will get back to you as soon as possible, otherwise your email will be responded to on Tuesday September 6th, 2016.

Thank you

Dear valued clients:

Please note:

Due to tropital storm Hermine approaching the US east coast, the Florida port will be closed today.

Also this is a kind reminder all ports will be closed on Monday September 5th.

Thank you

Your shipping department.

World's Largest Heavy Ship

Have you ever imagined that there vessels that can carry other vessels? Huge containerships with thousands of cars on the board. Here is the largest heavy lift ship ever, it's open deck is 70x275 meters and capacity of 117 000 tons. For comparison, the next largest HTV (Heavy Marine Transport Vessel) has only 65 000 tons.
Such vessels are called "V-class" and Hyundai Heavy Industries already thinking of creating such second giant.
Such ships help a lot in moving damaged or sunken vessels or even the whole buildings, as well as bridge bearings.

Hapag-Lloyd, the shipping giant based in Germany, has received shareholder approval to create share capital which will facilitate the merger with the United Arab Shipping Company (UASC).

The Supervisory Board will expand from 12 members to 16 upon completion of the merger.

The Hapag-Lloyd CEO, Rolf Habben Jansen, stated: “The pending merger with UASC is another strategic milestone for Hapag-Lloyd. [It] gives us the large vessels we need in order to achieve low transport costs per container. Hapag-Lloyd will not need to make any more investments in large vessels in the next few years.”

The new Hapag-Lloyd will own and operate 237 vessels with a total capacity of around 1.6 million TEU. The company is expected to have an annual income of about USD 12 billion. The merger is subject to antitrust and contractual approvals.

Abu Dhabi Ports Authorities have presented the plan for an expansion of Khalifa port, semi-automated container port. The aim is to improve its operational readiness to handle larger cargo ships.

According to the plan there will be added 1000 m of quay wall and deepen its basin to 18 m. Also there will be added 600,000 m² for quay of cargo handling space.

Ports Authorities signed the agreement with the National Marine Dredging Company which will start preparation for deepening the channel.

As per Abu Dhabi ports the expansion of Khalifa port is scheduled to be finished in 2018 and this new project will ensure handling the world's largest ships.