Containers
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Elbdeich Reederei snaps up feeder boxship trio
Germany’s Elbdeich Reederei has bought three sister vessels owned by Wessels Reederei according to brokers. Elbdeich has paid €24m ($29m)…
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Congestion on both coasts of North America
Congestion at ports on both sides of North America remains a severe issue, though the ship queues do look to…
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Wan Hai paying top dollar to hoover up available box tonnage
Wan Hai Lines, along with Mediterranean Shipping Co (MSC), have been the most active buyers of secondhand boxship tonnage over…
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Remote controlled barge takes boxes from Zeebrugge to Antwerp
Yesterday saw the first sailing with a remote controlled vessel between the Belgian ports of Zeebrugge and Antwerp along the…
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Great Eastern linked to bid for Shipping Corporation of India
Local media is reporting that Indian owner Great Eastern Shipping is like to submit a bid to acquire government-owned Shipping…
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Shippers baulk as contract box rates spike to massive highs
Contract rates as measured by the 23-year-old China (Export) Containerized Freight Index (CCFI) have risen faster than ever recorded putting…
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Merchant fleet hits 100,000-ship milestone
This month the global merchant fleet of vessels above 100 gt has reached the 100,000-ship milestone for the first time,…
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ZIM seals deal for 10 Seaspan newbuilds
Israeli carrier ZIM has a struck a deal worth more than a $1bn with Seaspan, one of the world’s largest…
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Diversifying CMA CGM develops air cargo division with purchase of four freighter planes
Diversification at French liner CMA CGM is accelerating with news of the establishment of an air cargo division. CMA CGM…
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CU Lines looks at further Europe voyages
The team behind the newest entrant to the Asia – Europe container tradelane are looking at adding more voyages amid…
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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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