Containers
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Inactive boxship fleet to surpass 3m teu for the first time
The sudden massive volume of blanked sailings announced in recent days is set to create new records in terms of…
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Busan berth will be offline for months after boxship prang takes out multiple cranes
Officials at Busan New Port say that its seventh berth will be out of action for months as cleanup operations…
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Rodolphe Saadé: May will be the worst month
Rodolphe Saadé, the CEO of CMA CGM, the world’s fourth largest containerline, is anticipating May will be the slowest month…
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Japanese mega boxship slams into cranes at Busan New Port
Yet another gantry crane has been pulverised by a poorly berthed mega boxship. The Japanese controlled 13,900 teu , part…
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Newbuild orders slide 55% in Q1
Confirmed newbuild orders in the first quarter of the year slumped 55% year-on-year with only 6.6m dwt ordered across the…
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Cosco, SIPG and Tesla detail blockchain progress on cargo release processes
OOCL’s software company CargoSmart has conducted a pilot project with Cosco, Shanghai International Port Group (SIPG), and Tesla for a…
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Liners brace for worst case scenario: $23.4bn combined full year losses
The latest Sunday Spotlight report from container advisory Sea-Intelligence paints a dark picture of the scale of losses the world’s…
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Diego Aponte: ‘Covid-19 has created a public health issue unprecedented in our lifetimes’
In a rare statement, Diego Aponte, group president and CEO of privately held Mediterranean Shipping Company (MSC), has issued an…
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CMA CGM sends ships via the Cape to Europe and Asia
CMA CGM has ships heading via the Cape of Good Hope in both directions from and to Asia and Europe,…
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BRS chairman predicts ships will have far shorter shelf life
One of the best known names in shipbroking has suggested the lifecycle of ships is set to get a whole…
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Carriers start to look at the Cape route to Europe
With utilisation rates dropping fast, container carriers are looking at soaking up some capacity and avoiding shelling out for toll…
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Weekly Broker: April on target to be quietest month in more than a decade
The secondhand sale and purchase market in general has gone even quieter this past week as the spread of coronavirus…
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CMA CGM boxship cleared of coronavirus scare
Spanish authorities have cleared the suspicion of coronavirus infection onboard the 16,020 teu after the crew were tested. Tests were…
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HMM starts with THE Alliance
Today marks the first day for HMM in THE Alliance. The Korean flagship joins Hapag-Lloyd, Ocean Network Express (ONE) and…
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MSC introduces new flexible cargo service to fight congestion risks
Mediterranean Shipping Company (MSC) has introduced a new flexible cargo service to help fulfil the imminent resumption of demand from…
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Navigare: The deal sourcing pipeline
Navigare Capital Partners, a Copenhagen-based alternative investment fund manager dedicated to investments in maritime assets, is gearing up for a…
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Kühne ups stake in Hapag-Lloyd
Klaus-Michael Kühne has increased his stake in container shipping company Hapag-Lloyd to 30% as planned. “Kuehne Holding AG’s commitment is…
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European and American ports ready for box congestion
Container ports across the world aside from China are set to face imminent congestion as a swathe of boxes sent…
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Spanish authorities handling coronavirus case onboard CMA CGM vessel
Spanish authorities are testing the crew onboard the 16,020 teu after one crewmember came down with symptoms linked to coronavirus…
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AVIC Trust applies to restructure Antong Holdings
Antong Holdings, a major domestic container shipping operator in China, has announced that creditor AVIC Trust has applied in court…
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