Containers
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DP World tipped to buy out Shreyas Shipping and Logistics
Two units of Dubai-based Transworld Group including a feeder boxline are being widely reported as close to being bought by…
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How Europe can ween itself off Chinese products
In recent months we’ve had articles by Paul French, Charlie Du Cane and most recently Andy Lane touching upon the…
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Surging demand sees new lay-up destinations emerge
With demand for lay-up services growing, traditional parking lots for unused ships are becoming congested forcing shipowners to seek alternative…
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Future sourcing, and the impact on liner shipping
Re-shoring of industries post-coronavirus is a hot topic at the moment. Andy Lane from Singapore’s CTI Consultancy crunches the numbers…
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Weekly Broker: Firming bulker prices
The secondhand bulker sale and purchase market has continued to see prices firm despite a correction seen on the cape…
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Worst over for carriers as inactive boxship fleet ducks below 2m teu
The inactive containership fleet has ducked below the 2m teu mark for the first time in four months as the…
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MPC Container Ships completes rapid recapitalisation process
Shareholders have backed MPC Container Ships’ rescue package of a private placement of 260m new shares, raising gross proceeds of…
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Evergreen raising $300m for fleet growth
Taiwanese liner shipping major Evergreen Marine has announced a plan to issue $300m worth of overseas bonds. It will be…
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Ships today are travelling 17.4% slower than before Lehman Brothers collapsed
Cargoes are taking ever longer to reach their destinations in the continued fallout shipping has felt from the global financial…
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Namsung Shipping orders feeder boxship pair at Dae Sun
South Korean boxship operator Namsung Shipping has placed an order at domestic yard Dae Sun Shipbuilding for the construction of…
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Reading into the Cosco, Alibaba tie-up
News carried on this site on Tuesday that Chinese state-run shipping giant Cosco Shipping has entered into an agreement with…
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Weekly Broker: Cape scramble
The dry bulk sale and purchase market has stayed bullish this past week with large size vessels being the main…
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CMA CGM joins fight to stop illicit trafficking in protected species
French container shipping line CMA CGM is joining the fight to stop illicit trafficking of protected species. As part of…
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Swire Bulk separates from China Navigation
China Navigation (CNCo) announced today its intention to separate out its dry bulk shipping activities from its liner shipping and…
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MSC responds to damning carbon claims
Mediterranean Shipping Company (MSC) has denied accusations by NGO Transport & Environment that it is the seventh largest carbon emitter…
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9,600 teu Maersk ship sets demo record
Maersk ships continue to set container demo records. While the 7,403 teu Kokura and Kawasaki, originally Katrine Maersk and Kirsten…
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Cosco and Alibaba join forces in bid to transform shipping
Chinese state-run shipping giant Cosco Shipping has entered into an agreement with e-commence conglomerate Alibaba and its fintech affiliate Ant…
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‘Profiteering’ liners in the spotlight
Consultants Drewy issued a report noting how lines look set this year to make more money than they have in…
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India welcomes 20,000 teu ships for the first time today in crew change operation
India welcomes today the largest ever boxships to call at the country. However, the trio of 20,000 teu ships are…
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Maersk takes over KGH Customs Services
AP Moller-Maersk has announced that it has entered into an agreement with Bridgepoint Development Capital to acquire KGH Customs Services…
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