Containers
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Insurer gives warning as desperate shippers seek bulk carriers to move containers
Leading exporters are chartering bulk carriers to move containers, something the UK P&I Club has warned carries a raft of…
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CMA CGM swoops for four Italia Marittima ships
CMA CGM has swooped for four classic panamaxes owned by Evergreen-controlled Italia Marittima. Brokers report the French line has taken…
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US appoints port envoy to address supply chain disruptions
The White House and the US Department of Transportation have appointed a port envoy to the Biden-Harris Administration Supply Chain…
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StarOcean Marine takes 2021 order tally to 20
Fujian Southeast have won an order for two 1,140 teu gearless feeder units from StarOcean Marine, due for delivery in…
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Frangou initiates merger of Navios divisions creating 15m dwt giant
Angeliki Frangou is merging her New York-listed dry bulk and tanker companies, Navios Maritime Partners and Navios Maritime Acquisition Corp.…
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Cash-rich owners double containership orderbook in 2021
With freight rates setting new records every week, cash-rich container shipowners have splurged on new tonnage like never before. The…
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Arne Blystad contracts boxship newbuilds in China
Arne Blystad might have sold a box vehicle in June, but he has by no means exited the container sector.…
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More than 40 ships waiting outside LA and Long Beach setting new record
The number of ships at anchor, waiting for berth space to open up at America’s two largest boxports has hit…
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How shipowners can navigate rising inflation
Should shipping be worried by the direction of many central banks? Splash Extra interviewed economists, brokers, financiers and owners on…
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X-Press Feeders snaps up Jebsen boxship
Sea Consortium-controlled feeder operator X-Press Feeders has purchased the 2006-built from Jebsen Shipping. Multiple brokers report the Tim Hartnoll-led company…
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Ernst Russ takes full ownership of boxship from Eimskip JV
Germany’s Ernst Russ Group has reached an agreement to acquire one of the container vessels owned by ElbFeeder, its 52/48…
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ONE and UCS open Hamburg container centre
Japanese containerline Ocean Network Express (ONE) and Universal Container Services (UCS) have opened a dedicated container storage centre at the…
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Straits Orient Lines adds feeder boxship pair
Straits Orient Lines (SOL), part of Transworld Group Singapore headed by Mahesh Sivaswamy, is expanding its fleet with the acquisition…
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Stopford on Maersk and methanol
The world’s most famous shipping economist, Dr Martin Stopford, the non-executive president of Clarkson Research Services, writes for Splash today,…
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Splash Extra: Maersk jumps the queue in future fuel race
What Maersk’s big methanol announcement yesterday means for shipping’s quest to agree upon a fuel of the future forms the…
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MSC takes secondhand spree past the 100-ship mark
Mediterranean Shipping Co (MSC) has taken its secondhand spending spree past the 100-ship mark in the space of just 12…
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More new entrants ready for the booming transpacific
There’s another new entrant on the booming transpacific trades. Shanghai Jin Jiang Shipping (SJJ) will provide two 1,713 teu ships…
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Ningbo-Zhoushan terminal reopens
The Meishan terminal at Ningbo-Zhoushan port reopened today two weeks after its closure because of a single case of Covid-19…
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Maersk orders up to twelve methanol-fuelled 16,000 teu ships at Hyundai Heavy
Maersk is taking the next step on its methanol journey, revealing today it has signed with Hyundai Heavy Industries for…
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New analysis shows the fierce fight between alliances for market share on the main east-west trades
While competition authorities and shipper bodies allege collusion among carriers in today’s record, sky high freight rate environment, new analysis…
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