Containers
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Wind-assisted boxship project makes headway
A new LNG-powered 2,500 teu boxship design featuring wind-assisted propulsion has been granted an approval in principle by the Paris-headquartered…
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CMA CGM containership to set a series of North American records
The CMA CGM Group is breaking its own record this week for the largest vessel to ever visit the US…
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Boxship orderbook-to-fleet ratio closes in on 20%
The containership orderbook as a percentage of fleet capacity is closing in on the 20% mark, having only broached double…
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Fire-stricken NYK boxship towed to Oakland
A fire in the engine room of the 4,888 teu containership disabled the ship on Friday, leaving it adrift about…
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KMTC enters the Africa market
South Korean intra-Asia specialist Korea Marine Transport Co (KMTC) is branching out with a new service to East Africa starting…
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Minsheng Financial Leasing books boxship pair at DSIC
China’s Minsheng Financial Leasing (MSFL) has placed an order at Dalian Shipbuilding Industry Company (DSIC), a subsidiary of China State…
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Sweden’s first inland shipping shuttle service gets underway
Scandinavian countries are pressing ahead with ever greater numbers of inland container services as governments push for the movement of…
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MSC’s pipeline of new tonnage approaches 1m teu with first LNG-ready ships
Alphaliner has confirmed widely reported news that Mediterranean Shipping Co (MSC) has become the latest carrier to commit to LNG-fuelled…
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‘If MSC ends up having more capacity than we do, that’s not the end of the world’: Skou talks up profitability over market share
Next month will mark five years since Søren Skou took the helm at Maersk. Yesterday he gave investors and reporters…
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Ocean Network Express debuts digital booking platform
Ocean Network Express (ONE), the Japanese containerline, is trialling a digital freight booking platform created by Descartes Systems, becoming the…
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Four out of 10 boxes rolled over, schedule reliability at an all-time low
In the space of a year the box rollover ratio at CMA CGM Australian subsidiary ANL leapt by 30%. At…
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Shipping investor Hayfin invests across the main sectors
Last year Hayfin Capital Management expanded with a new Singapore office but had zero ship deals to its name. This…
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Maersk snaps up Leonhardt & Blumberg boxship
Denmark’s Maersk Line has been identified by brokers as the buyer of the 2014-built 3,646 teu geared boxship from Germany’s…
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Liner contract rates set new records
Contract rates in container shipping are soaring to record levels. The contract rates published on the China Containerised Freight Index…
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Suez Canal Authority slashes Ever Given compensation claims by $300m
The Suez Canal Authority has slashed its compensation claims by nearly a third. The Egyptian body is now seeking $600m…
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FMC commissioner to examine China’s role in container shortage
The United States is beginning to question whether China is to blame for the box shortages plaguing global supply chains…
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ClarkSea Index hits 2021 high sitting at twice the ten-year trend
The cross-sector ClarkSea Index, a weighted average of tanker, bulk carrier, containership and gas carrier earnings managed by Clarkson Research…
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Three finalists in the running to take over Shipping Corp of India
Three bidders have been finalised for the sale of the government’s 63.75% stake in Shipping Corporation of India (SCI). The…
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Euroseas boxship gets huge payrise
Nasdaq-listed Greek containership owner Euroseas has sealed a new time charter for 2005-built 1,740 teu boxship . The vessel has…
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Spot the mistakes
Nick Coverdale from Agreefreight.com on where carriers are getting it wrong in their spot offerings. Years ago I was asked…
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