Containers
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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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Markets take a coronavirus battering
On a brutal morning at the markets, almost $370bn in market capitalisation was wiped off the benchmark Shanghai Composite index…
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MOL details restructuring measures
Japan’s largest shipping company by fleet size and revenues, Mitsui OSK Lines (MOL), has announced a restructuring today. Effective April…
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January’s top research picks
Launched yesterday for subscribers of Splash Extra, our team of journalists has combed through the the hundreds of shipping analyst…
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Splash Extra: Fevered start to the new decade
Splash Extra turns one-year-old today with a bumper issue featuring the thoughts of more than 30 shipowners. The full impact…
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CSAV overtakes Kühne to become Hapag-Lloyd’s largest shareholder
Chile’s CSAV has become Hapag-Lloyd’s largest shareholder after it acquired additional shares from Qatar Holding for $330m in the German…
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NileDutch takes on its largest ship
NileDutch has fixed its largest ever ship, taking the 8,236 teu YM Utopia for a period of 24 months at a…
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How the coronavirus impacts container availability
Florian Frese from Container xChange warns that empty containers are piling up in Shanghai. Everyone is talking about the coronavirus…
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Track and trace standards unveiled for container shipping
The Digital Container Shipping Association (DCSA), which features nine of the largest carriers as its members, today published a common…
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CSAV makes roro exit
Chile’s Compañía Sud Americana de Vapores (CSAV) will drive away from the car carrier segment in the first half of…
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Performance Shipping offloads another post-panamax boxship
Greek owner Performance Shipping, formerly Diana Containerships, has sealed a deal to sell 2008-built post-panamax containership . The sale price…
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DP World tables bid for 49% stake in Fesco
DP World’s on/off romance with one of Russia’s top maritime brands is back in the news. Russian newspaper Vesti Finance…
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