X-Press Feeders
{{short description|Shipping company}}
{{Infobox company
| name = X-Press Feeders/Sea Consortium
| logo = File:X-Press Feeders 2.png
| image = File:Carte postale du navire conteneur X-PRESS VESUVIO en mer de Casablanca.jpg
| image_size =
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| type = Privately held company
| former_name =
| fate =
| successor =
| foundation = {{start date and age|1972}}
| defunct =
| location_city =
| location_country = Singapore
| locations =
| key_people = Tim Hartnoll (Executive Chairman){{cite news |title=X-Press Feeders appoints new CEO |url=https://splash247.com/x-press-feeders-appoints-new-ceo/ |access-date=3 June 2021 |publisher=splash247.com |date=6 May 2021}}
| area_served = Asia, Africa, Middle East, Europe
| industry = Marine transportation
Container shipping
| services = Feeder Services
| operating_income =
| net_income =
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| homepage = {{url|https://www.x-pressfeeders.com}}
| footnotes =
}}
[[File:Eco Maestro in the Kiel Canal 19.jpg|thumb|newest class of ships: Eco Maestro{{Cite web | url=https://www.thb.info/rubriken/schiffbau/detail/news/methanol-feeder-eco-maestro-vor-ablieferung.html | title=Unknown}}{{Dead link | date=August 2024 | fix-attempted=yes}}{{Cite web | url=https://www.thb.info/media/thb/_processed_/e/4/csm_34253149_001_34264457_pi_34270113_a397b3b0dc.jpg | format=JPG | title=Eco Maestro Vessel}}{{Cite web|url=https://hansa-online.de/2024/07/schifffahrt/234346/x-press-feeders-startet-europas-ersten-methanol-liniendienst/|title=X-Press Feeders startet Europas ersten »Methanol-Liniendienst«|first=Michael|last=Meyer|date=July 10, 2024|website=hansa-online.de}}{{Cite web|url=https://hansa-online.de/2023/12/schiffstechnik/224636/x-press/|title=X-Press Feeders zeigt neuen Methanol-Feeder|first=Krischan|last=Förster|date=December 12, 2023|website=hansa-online.de}}{{Cite web|url=https://safety4sea.com/v-ships-signs-deal-to-manage-four-methanol-dual-fuel-feeders/|title=V Ships signs deal to manage four methanol dual-fuel feeders|first=Anastasia|last=Kypriotaki|date=May 1, 2024}} in service at the Green Baltic and Green Finland X-Press service{{Cite web |date=2024-08-23 |title=X-Press Feeders Expands Europe’s First Green Methanol-Powered Feeder Network with the Launch of Green Baltic X-PRESS |url=https://www.x-pressfeeders.com/news/x-press-feeders-expands-europes-first-green-methanol-powered-feeder-network-gbx |access-date=2024-09-04 |website=www.x-pressfeeders.com |language=en-sg}}{{Cite web |date=2024-07-10 |title=X-Press Feeders Starts Europe’s First Feeder Network Powered by Green Methanol, Ushering in New Era of Sustainable Shipping |url=https://www.x-pressfeeders.com/news/x-press-feeders-starts-europes-first-feeder-network-powered-by-green-methanol-ushering-in-new-era-of-sustainable-shipping |access-date=2024-09-04 |website=www.x-pressfeeders.com |language=en-sg}}{{Cite web |date=2023-12-12 |title=X-Press Feeders Poised To Launch Green Shipping Routes In Northern Europe |url=https://www.x-pressfeeders.com/news/x-press-feeders-poised-to-launch-green-shipping-routes-in-northern-europe |access-date=2024-09-04 |website=www.x-pressfeeders.com |language=en-sg}}{{Cite web |date=2023-06-05 |title=X-Press Feeders Group Orders 6 More Dual-Fuel Vessels Taking Another Step In Achieving Their Decarbonisation Goals |url=https://www.x-pressfeeders.com/news/x-press-feeders-group-orders-6-more-dual-fuel-vessels |access-date=2024-09-04 |website=www.x-pressfeeders.com |language=en-sg}}
]]
X-Press Feeders/Sea Consortium is a container shipping group operating out of Singapore. It is the 14th largest operator by capacity according to the Top 100 ranking for 2021 published by the maritime portal Alphaliner.{{cite web |title=Alphaliner Top 100 |url=https://alphaliner.axsmarine.com/PublicTop100/ |website=alphaliner.axsmarine.com |publisher=Alphaliner |access-date=3 June 2021}} It feeds transshipment hubs and ports in East and Southeast Asia, Indian subcontinent, the Persian Gulf, Mediterranean and Europe.{{cite web |title=Sea Consortium Pte Ltd |url=https://www.bloomberg.com/profile/company/0177301D:SP |website=bloomberg.net |publisher=Bloomberg Newswires |access-date=3 June 2021}}
History
Sea Consortium/X-Press Feeders was founded in January 1972. The Singapore-based group is privately held.{{cite web |title=SEA CONSORTIUM PRIVATE LIMITED |url=https://www.sgpbusiness.com/company/Sea-Consortium-Private-Limited |website=sgpbusiness.com |publisher=Singapore Business Directory |access-date=3 June 2021}} X-Press Feeders is run as a shipper owned container (SOC) carrier and does not own boxes.{{cite news |title=X-Press Feeders tipped to buy Singapore's Transliner|url=https://www.maritimegateway.com/x-press-feeders-tipped-buy-singapores-transliner/ |access-date=3 June 2021 |publisher=maritimegateway.com |date=8 September 2020}} It operates a fleet of 110 vessels of which are 43 owned.{{cite news |title=X-Press Feeders Orders 7000 TEU quartet |url=https://splash247.com/x-press-feeders-orders-7000-teu-quartet/ |access-date=3 June 2021 |publisher=splash247.com |date=27 April 2021}}
Alphaliner, a maritime transport portal in its 2021 Top 100 ranking, has placed X-Press Feeders as the 14th largest container carrier in the world, with a weekly capacity of 134,000 twenty-foot equivalent units (TEU).
In April 2021, the group was reported to have ordered four 7,000 TEU ships from Shanghai Waigaoqiao Shipbuilding of China in an upsizing of the fleet. Its largest ship up to then was around 4,400 TEUs.{{cite news |title=Sea Consortium stretches newbuilding spree with 7,000TEU quartet |url=https://container-news.com/sea-consortium-stretches-newbuilding-spree-with-7000teu-quartet/ |issue=Container News |publisher=container-news.com |date=26 April 2021}}
Separately the group had placed orders for four 3,700 TEU box ships with China's Zhoushan Changhong International Shipyard in 2018.{{cite news |title=X-Press Feeders books six boxships at Zhoushan Changhong |url=https://splash247.com/x-press-feeders-books-six-boxships-at-zhoushan-changhong/ |access-date=3 June 2021 |publisher=splash247.com |date=14 November 2018}} Two of the vessels, MV X-Press Mekong and MV {{ship||X-Press Pearl}} were delivered in 2021.
Acquisitions
X-Press Feeders acquired TransAtlantic AB, a subsidiary of Swedish supply vessel operator Viking Supply Ships in 2015. The transaction involved TransFeeder North Line, TransBothnia Container Line and TransFeeder South Line, with an annual container volume of about 105,000 TEUs.{{cite news |title=X-Press Feeders Buys TransAtlantic AB |url=https://www.maritime-executive.com/article/x-press-feeders-buys-transatlantic-ab |access-date=3 June 2021 |publisher=maritime-executive.com |date=9 November 2015}}
Incidents
On May 20, 2021, MV X-Press Pearl, a 37,000 DWT container ship with a capacity of 2,700 TEUs, caught fire while anchored off Colombo Harbour in Sri Lanka, and later sank.{{Cite web|date=21 May 2021|title=Singapore flagged X-Press Pearl under watch off Sri Lanka after fire|url=https://economynext.com/singapore-flagged-x-press-pearl-under-watch-off-sri-lanka-after-fire-82240|access-date=22 May 2021|website=EconomyNext|language=en}} Debris and flotsam led to environmental damage triggering a criminal probe amid fears of an oil spill.{{Cite web|title=Sri Lanka : Sri Lanka CID to record statements from captain and chief engineer of MV X-Press Pearl today|url=http://www.colombopage.com/archive_21A/May31_1622438786CH.php|access-date=2021-05-31|website=www.colombopage.com}}
See also
{{Portal|Companies}}
References
{{Reflist}}
External links
{{commons category|X-Press Feeders Group}}
- [https://www.x-pressfeeders.com/ website]
{{Container shipping companies}}
Category:Container shipping companies
Category:Freight transport companies