Containers
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The permutations for shipping of a muted Chinese New Year
The world’s largest human mass migration is a muted affair this year, something that has significant ramifications across many strands…
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ONE trials biofuel on Atlantic crossings
Ocean Network Express (ONE) has become the latest line to trial GoodFuels’s biofuel. The two-month trial was carried out on…
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What’s in store in the Year of the Ox?
The Lunar New Year is upon us. Something to look forward to, or should we just be relieved the old…
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Buoyant Maersk sets aside up to $5.5bn for acquisitions
A record fourth quarter helped A.P. Møller – Mærsk double its 2020 profits with a significant chunk of the cash…
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Global Ship Lease acquires and charters back seven boxships
London-headquartered Global Ship Lease has entered into an agreement to purchase and charter back seven 6,000 teu post-panamax containerships. The…
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Ageing box fleet tipped for renewal
The ageing global container fleet will likely see a raft of newbuild orders placed this year and next, despite future…
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Seaspan orders pair of 24,000 teu boxships
Seaspan Corporation has announced that it has entered into an agreement with a major shipyard for the construction of two…
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Hapag-Lloyd seals green financing for newbuild megamaxes
German line Hapag-Lloyd has sealed green financing for the six dual fuel 23,500 teu ultra large container vessels ordered last…
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StarOcean Marine orders up to 12 boxships at Yangzijiang
Chinese feeder boxship operator StarOcean Marine has entered into shipbuilding contracts with Yangzijiang Shipbuilding for the construction of up to…
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The oceans are becoming a large container terminal
Captain Javier Madiedo assesses why so many boxes are being lost at sea. We continually read, see and hear news…
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New York Shipping Exchange: One winner from the container crunch
One winner from the ongoing container crunch is the New York Shipping Exchange (NYSE), an oasis of relative market calm…
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Hamburg Süd appoints new CEO as Vespermann steps down
German shipping line Hamburg Süd has announced the appointment of Poul Hestbaek as its new CEO, replacing Arnt Vespermann who will leave…
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Songa Container fetches bumper price for post-panamax boxship
Arne Blystad’s Songa Container has announced the sale of 2013-built 4,957 teu post-panamax boxship . The vessel was sold for…
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Californian port congestion spreads north to Oakland
The chronic port congestion in California has spread north. Yesterday, Splash reported on a record-breaking 20 km queue, featuring 41…
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Zhonggu Logistics orders 10 boxships at Yangzijiang
Chinese domestic container shipping major Zhonggu Logistics has placed an order at Yangzijiang Shipbuilding for the construction of ten 4,600…
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Weekly Broker: Boxships in hot demand
The secondhand bulk S&P market has again seen a bullish week with plenty of en bloc deals completed despite a…
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California boxship queue sets new records
The extraordinary congestion seen at America’s main two west coast ports – now worse than the port lockout days of…
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Maersk Essen tipped for swift service reintroduction
Maersk has given clients hope their delayed shipments on the 13,100 teu may get to Los Angeles within a couple…
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MSC accelerates secondhand boxship buying spree
Swiss-headquartered containerline Mediterranean Shipping Company (MSC) continues to snap up boxships in the secondhand market according to Alphaliner, acquiring eight…
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MSC latest liner to suffer box spill in the Pacific
Cargo claims specialist WK Webster has details of yet another box spill in the north Pacific – the fifth reported…
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