Containers
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Ship demo rates close in on the $500 mark for the first time since 2014
Ship demo rates are roaring ahead with the $500 per ldt mark on course to be broached for the first…
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Tufton Oceanic swoops for its second vessel this week
Tufton Oceanic Assets has announced the acquisition of a containership for $7m, taking its fleet to 21 vessels in total.…
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Taicang Container Lines places order for feeder boxship trio at Tsuneishi Zhoushan
Taicang Container Lines, the shipping unit of Taicang Port, has entered into shipbuilding contracts with Tsuneishi Zhoushan Shipbuilding for the…
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Weekly Broker: Cape rally leads the markets
The dry bulk S&P market has had a positive start of the year with plenty of transactions taking place across…
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Shipowner consolidation 2021: Pools in the limelight
Splash’s market outlook series today looks at how shipowners will coalesce in 2021. Will shipowning consolidation continue at the brisk…
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MSC joins the Hydrogen Council
Mediterranean Shipping Company (MSC) has joined fellow shipping lines CMA CGM and Nippon Yusen Kaisha (NYK) on the Hydrogen Council,…
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Eastern Pacific switches yards for latest boxship orders
Multiple shipbroking reports show how Singapore’s Eastern Pacific Shipping has decided to switch boxship orders from one Korean yard to…
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PIL cops $3m fine over Guam spill
The woes continue to mount for Pacific International Lines (PIL). The Singapore line has agreed to pay $3m in criminal…
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Global Ship Lease secures $236m loan from Hayfin
London-based containership owner Global Ship Lease (GSL) has agreed a new $236.2m secured loan facility with Hayfin Capital Management, which…
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Sudden megamax buying binge sees boxship orderbook to fleet ratio nudge past 10%
A total of 25 giant megamax containerships were ordered in Q4 last year, nudging the boxship orderbook to fleet ratio…
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Bids readied to take Shipping Corporation of India private
A management buy-out of sorts is being mooted for India’s flagship carrier. According to the Hindu Business Line, around 400…
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Middle East shipping patterns change as Qatari standoff ends
Middle Eastern shipping patterns are set for change once again with news yesterday that the three-year diplomatic standoff between Qatar…
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Yang Ming sets up in France
Taiwanese shipping line Yang Ming Marine Transport has set up a new subsidiary with integrated shipping and logistics provider NAXCO Group in…
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European Commission urged to act amid record box freight rates
While many countries around the world have probed escalating freight rate prices in recent months, Europe remains quiet, much to…
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Evergreen in talks for mega boxship sale and leaseback deal
Taiwanese liner Evergreen is currently in negotiations with an unnamed third party for the sale and leaseback of two of…
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Navios Maritime Partners seals deal to take full ownership of Navios Containers
Angeliki Frangou’s Navios Maritime Partners (Navios Partners) has entered into a definitive merger agreement to acquire Navios Containers, having submitted…
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Ningbo Port to spin off Ningbo Ocean Shipping
China’s Ningbo Port has announced a plan to spin off its wholly-owned subsidiary Ningbo Ocean Shipping and list the company…
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ZIM issues prospectus ahead of New York listing
Israeli carrier ZIM, which has been privately held since 2004, has filed a prospectus ahead of an initial public offering…
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Which sectors will fare best and worst in 2021?
First we asked our readers, then a host of the world’s top shipping analysts. The runners and riders are identified…
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Evergreen boxship loses 36 containers in rough seas
Taiwanese containerline Evergreen Marine has announced that 36 containers have fallen off its 2014-built post-panamax vessel due to rough sea conditions.…
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