Containers
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Weekly Broker: VLCCs bottom out
The sale and purchase market in both the dry and wet sectors had a dull week with no segment showing…
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Disparity in earnings on transpacific and Asia-Europe hits historic highs
In arguably the strangest, most difficult to predict period in the 64-year history of containerisation, the disparity in rates on…
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Hartnoll confirms talks to invest in TransLiner
Tim Hartnoll, the executive chairman of X-Press Feeders, part of the Sea Consortium group, has confirmed his family’s private equity…
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X-Press Feeders denies TransLiner speculation
The next round of consolidation within the feeder space may not be happening quite as fast as reported. X-Press Feeders,…
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Maersk makes ocean-rail service from Asia to Europe permanent
Just over a year after its launch in August 2019, Maersk’s AE19 ocean-rail product from Asia to Europe has now…
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X-Press Feeders tipped to buy Singapore’s TransLiner
The battle for feeder supremacy has taken another turn with reigning champion X-Press Feeders lining up another acquisition. Splash understands…
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Shreyas explains why feeder lines have to consolidate
It’s not just at the top of the container leaderboard where consolidation is necessary to survive; the world of feeder…
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PIL founder dies, aged 102
Chang Yun Chung, the 102-year-old founder of Pacific International Lines (PIL), passed away peacefully at home in Singapore on Friday…
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HMM ties with PSA in Singapore
Terminal operator PSA Corporation and South Korean flagship HMM have joined forces to form a joint venture in Singapore, the…
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Weekly Broker: Back to school, back to market
It’s been a fruitful week for both the bulker and tanker sale and purchase markets. Despite the uninspiring performance seen…
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Brand consolidation accelerates across the liner universe
Yesterday’s annual culling of brands at AP Moller-Maersk has garnered plenty of discussion of what the news means in terms…
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SASAC takes over CIMC
Shenzhen Capital Holdings, an asset management unit of China’s State-Owned Assets Supervision and Administration (SASAC), will become the largest shareholder of…
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Safmarine and Damco brands go in latest Maersk reshuffle
In further sweeping changes at A.P. Moller-Maersk, Damco will disappear as an NVOCC, while the Safmarine brand, the African shipping…
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Wan Hai acquires resale boxship pair at Zhoushan Changhong
Taiwanese container shipping major Wan Hai Lines has taken over two 1,800 teu boxships under construction at China’s Zhoushan Changhong…
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Port of Amsterdam International and Pifim consortium declare interest in Cagliari terminal
The port authority of Cagliari has announced that Port of Amsterdam International together with UK-based company Pifim are the only…
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ZIM branches out with new cyber security offering
Israeli carrier ZIM is branching out with a new revenue stream, debuting today ZKCyberStar, a cyber security consulting company created…
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Classic panamaxes roar back
Almost destroyed as a financially viable shipping segment four years ago, classic panamax boxships are back in the big time.…
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SITC orders up to 12 boxships at Yangzijiang
Chinese feeder boxship operator SITC has entered into a shipbuilding contract with Yangzijiang Shipbuilding for the construction of up to…
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Ships and trucks targeted in California’s latest pollution directives
Ships and trucks are at the centre of California’s latest pollution-cutting measures. The state’s Air Resources Board brought in new…
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Hunan Huahang Shipping orders feeder boxship pair at Yiyang Zhonghai Shipyard
Hunan Huahang Shipping has placed an order at local shipyard Yiyang Zhonghai for the construction of two 668 teu containerships.…
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