Containers
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Hapag-Lloyd spends $550m on new containers
Hamburg-based liner Hapag-Lloyd has splashed approximately $550m on new containers, making it one of the largest orders in the company’s…
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No sound economic case for LNG retrofits
Retrofits to make ships LNG capable are currently prohibitively expensive with little appetite among shipowners to follow Hapag-Lloyd’s pioneering first…
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Geest Line sold
The world’s largest owner of conventional reefer ships, Seatrade, and Caribbean logistics specialist Jamaica Producers Group have bought out UK-headquartered…
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Convictions handed down in giant MSC cocaine bust
Convictions are being handed down in one of the US’s biggest ever drugs busts. A record-breaking 20 tons of cocaine,…
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Global Shipping Business Network seals first banking tie-up
Blockchain grouping Global Shipping Business Network (GSBN) has teamed with Bank of China (Hong Kong) in a bid to help…
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Arnt Vespermann headhunted by Claus-Peter Offen
In big executive recruitment news from Hamburg, Dr Arnt Vespermann has been headhunted to take over day-to-day operations at the…
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Drewry sees liner bonanza stretching through into 2022
British shipping consultants Drewry are predicting container shipping will smash last year’s record profits in 2021, with 2022 also tipped…
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Euroseas charters out feeder boxship at more than double the previous rate
Nasdaq-listed Greek containership owner Euroseas has sealed a new time charter contract for 1999-built 1,732 teu boxship . The new…
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MSC rolls out new ocean-rail service from Asia to Europe
Swiss-headquartered containerline Mediterranean Shipping Company (MSC) is expanding its services portfolio with the launch of a new intermodal solution between…
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Suez blockage sparks box spot rate rally
Shippers have another reason to rue the . The repercussions of the giant ship’s grounding on the Suez Canal late…
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Shipping celebrates best Q1 since 2008
Shipping has enjoyed its best Q1 since before the global financial crisis, with the second quarter on track to post…
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European shortsea fleet in urgent need of replacement
Hamburg shipbrokers Toepfer Transport have started issuing regular European shortsea reports. Among key takeaways from the first 14-page report, published…
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CMA CGM opts for biomethane
CMA CGM is rolling out the first liner offering based on biomethane in May this year. The French containerline giant…
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CMA CGM Jacques Saade sets new teu world record
The , the world’s largest LNG-powered containership, has broken its own world record, carrying the highest number of full containers…
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Dutch firm markets ‘one-way’ containers
Some 20m ocean containers move across the planet, carrying freight to every corner of the globe. After being unloaded at…
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Buoyant liners add record numbers of newbuilds
March saw a stunning 866,060 teu of new tonnage ordered, almost the same as was contracted throughout the whole of…
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FMC vows to get to the bottom of the ongoing container crunch hammering US supply chains
The Federal Maritime Commission, America’s shipping regulator, met virtually and in closed session yesterday to discuss developments in the ongoing…
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Top carriers adopting DCSA track and trace standards
Nine of the container-shipping industry’s top carriers – the members of the Digital Container Shipping Association (DCSA): CMA CGM, Evergreen,…
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Boardroom shuffle at PIL
There has been a significant changing of the guard in the boardroom of Pacific International Lines (PIL) in the wake…
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Temas buys two Maersk ships
Indonesian domestic carrier Temas Line has bought the 1,092 teu sisterships Maersk Arizona and Maersk Arkansas from AP Moller-Maersk, according…
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