Containers
-
Weekly Broker: Dry bulk leads the way
The dry bulk sale and purchase market has again seen plenty of ships changing hands this week with smaller size…
Read More » -
Inactive boxship fleet dips below 1m teu for the first time this year, charter market booming
The inactive containership fleet has dipped below the 1m teu mark for the first time this year, as carriers resumed…
Read More » -
London tipped to land ZIM IPO
Israeli container shipping company ZIM is considering an overseas initial public offering, Israeli news website Globes reported yesterday. The carrier…
Read More » -
Capacity discipline positions carriers for multi-billion dollar profitable year
Analysts at Copenhagen-based Sea-Intelligence have re-evaluated their liner profitability projections for 2020 on the back of the many positive interim…
Read More » -
Performance Shipping eyes aframax growth after selling last boxship
Greek owner Performance Shipping, formerly Diana Containerships, has sold its last boxship to complete its reincarnation as a pure-play aframax…
Read More » -
Is DP World building a shipping line?
Santosh Patil takes a look at what the Dubai terminal operator’s latest acquisition means in the big picture. The news…
Read More » -
Weekly Broker: Hopeful dry bulk fundamentals
The dry bulk sale and purchase market has reawoken this week. The firmed up chartering market has drawn increased buying…
Read More » -
DP World bolsters India footprint with another feeder acquisition
DP World-controlled Unifeeder Group has confirmed it is buying Transworld Feeders FZCO, Avana Logistek , including its subsidiary Avana Global…
Read More » -
Cosco to reduce stake in CIMC
China International Marine Containers (CIMC) has announced that its shareholders Cosco Shipping Development, Broad Ride Limited and Promotor Holdings have…
Read More » -
ZIM deploys artificial intelligence to root out misdeclared cargoes
Israeli carrier ZIM has developed and implemented an artificial intelligence-based screening software to detect and identify incidents of misdeclared hazardous…
Read More » -
Chinese authorities investigate liners as transpacific rates hit record territory
China’s Ministry of Transport has sent letters to six major containerlines, asking them for explanations behind the recent freight rate…
Read More » -
Weekly Broker: Waiting for a pick up
Over all it’s been a quiet week in the secondhand ship sale scene, despite many candidates being placed in the…
Read More » -
Samudera Shipping names Bani Mulia as CEO in management reshuffle
Singapore-listed Indonesian shipping company Samudera Shipping Line has announced the appointment of Bani Mulia as chief executive officer of the…
Read More » -
Salam Pacific takes on its largest ships to date
Indonesian carrier Salam Pacific Indonesia Lines has been revealed by Alphaliner as the taker of First Ship Lease Trust’s last…
Read More » -
Euroseas scraps boxship trio
Greek Nasdaq-listed boxship owner Euroseas has sold three of its eldest vessels for scrap. In its second quarter results, the…
Read More » -
Feeder boxship slams into pier at Manila port
The 2003-built 639 teu feeder containership slammed into a pier at Manila North Harbor Port on Monday. According to the…
Read More » -
Borealis offloads feeder boxship
Christoph Toepfer-led Borealis Maritime has announced the sale of 2005-built 2,702 teu sub-panamax containership . Borealis sold the vessel for…
Read More » -
Crews down tools Down Under
Cases of crews downing tools around the world in protest at the enforced stay onboard during the coronavirus pandemic are…
Read More » -
Global Ship Lease secures multiple charter contracts, disposes of feeder pair
London-based containership owner Global Ship Lease (GSL) has secured a series of charter extensions and new charters, while also disposing…
Read More » -
FSL Trust exits container sector with sale of boxship trio
Singapore shipping trust First Ship Lease Trust (FSL) has announced the sale of its three containerships FSL Eminence, FSL Elixir…
Read More »