Containers
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Supply, not demand key to container sector’s ability to fight coronavirus
In the second part of his analysis, Dr Adam Kent, managing director, MSI examines the risks to the container market…
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SITC adds feeder boxship order at Yangzijiang
Chinese boxship operator SITC, controlled by the Yang family, has entered into shipbuilding contracts with Yangzijiang Shipbuilding for the construction…
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Citing coronavirus, ONE and CMA CGM institute reefer congestion surcharges
Citing growing supply chain issues caused by the coronavirus in China, Japanese liner Ocean Network Express (ONE) is instituting a…
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Yang Ming president retires
Yang Ming Marine Transport has announced that its president, Vincent Lin, has retired. Lin is a shipping veteran, having served…
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PIL quits the transpacific
Under pressure Pacific International Lines’ (PIL) is withdrawing its services from the transpacific market. The Singapore line’s last transpacific sailing…
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SM Line signs with MSC and Maersk on the transpacific
As MSC and Maersk prepare to bid farewell to partner HMM, they’ve found a new Korean liner to help out…
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Weekly Broker: Capes bottom out
The bargain hunters made another round of acquisitions this week in the secondhand bulker S&P market with the hope that…
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HMM poised to take delivery of record-breaking 23,964 teu boxship
South Korean flagship HMM has revealed the actual capacity of its mega boxship series set to start trading from early…
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Detained Yang Ming boxship released by Australian authorities
Taiwanese shipping line Yang Ming Marine Transport has announced that its 4,250 teu containership YM Eternity has been released by…
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European Commission under attack for decision to extend liner block exemption
Associations representing shippers, freight forwarders and port service providers have hit out at the European Commission’s decision to extend the…
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CMA CGM commits to hydrogen-powered shipping
French container line CMA CGM has joined a growing group of shipowners committed to finding a hydrogen-powered solution to decarbonise…
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Coronavirus costing liners up to $350m in lost revenues every week
As China partially returned to work today, data from Copenhagen-based Sea-Intelligence suggests the coronavirus has been costing liners up to…
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Tehama Shipping acquires third boxship
Dubai-headquartered Tehama Shipping, part of Saba Group which operates a container terminal at Iraq’s Umm Qasr South, has acquired its third…
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Dutch multinationals demand more transparent CO2 reporting per container
On the back of successful biofuel trials onboard the 18,000 teu from Rotterdam to Shanghai last year, the Danish carrier…
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Weekly Broker: Capes and falling knives
Dry bulk sentiment plunged in dramatic fashion this week. Capesizes saw a 200% drop in rates in a week to…
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Shisha sends Hapag-Lloyd boxship up in smoke
Germany’s Federal Bureau of Maritime Casualty Investigation has issued a detailed 73-page report into the dramatic fire that ripped through…
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Baltic Exchange and Freightos debut daily container freight index
Baltic Exchange and Freightos Group has launched daily spot ocean freight rate indices for 40-foot containers (FEUs) adding real-time, transparent…
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Hapag-Lloyd trials biofuel on boxship
German liner Hapag-Lloyd has launched the trial of B20 fuel, a combination of low sulphur fuel oil (LSFO) and bio-diesel…
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Eastern Pacific Shipping makes emissions data public
Idan Ofer’s Eastern Pacific Shipping (EPS) has laid bare its commitment to the decarbonisation of the industry by publishing its…
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Navigare acquires Niledutch boxship
Danish investment firm Navigare Capital Partners has acquired the 2015-built 3,500 teu containership from Dutch owner Niledutch. The company has…
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