Containers
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Global Ship Lease secures new charter agreement with OOCL
UK-based containership charter owner Global Ship Lease (GSL) has secured a new charter agreement for 2003-built, 2,207 teu . The…
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Weekly Broker: Soaring bulk fortunes spark record sales week
As the sentiment in the dry bulk market continues to strengthen, the investors’ confidence in secondhand tonnage has been greatly…
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Global decarbonisation agenda could see huge swathe of merchant fleet become stranded assets
Tanker owners have been given a stark warning today that potential radical global decarbonisation agendas could see tanker demand fall…
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Alphaliner detects two-tier box shipping market
In its half-year review of the container shipping market, analysts at Alphaliner say they have detected the advent of a…
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MSC forks out $50m to get cocaine-bust ship trading again
The is sailing towards the Netherlands after its operator forked out $50m to free the boxship a month after US…
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KMTC boxship struck by chemical blaze sent for demo
Korea Maritime Transport Co (KMTC) has sold a 21-year-old feeder ship for scrap that was involved in a spectacular fire…
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Feeder boxship brings down crane at Indonesian port
Feeder boxship defied its name yesterday, slamming into a pier and bringing down a gantry crane at Indonesia’s Semarang Port.…
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CMA CGM, Cosco, Hapag-Lloyd and leading ports set out to create the internet of logistics
A host of top carriers and port groups have signed up to a CargoSmart-led new association designed to come up…
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Samskip appoints former Containerships head as new CEO
Samskip has tapped the former boss of competitor Containerships, Kari-Pekka Laaksonen, as its new group CEO, effective from the start…
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Hapag-Lloyd tests ship painting robots
Hapag-Lloyd has been testing ship painting by robots on nine of its ships. In shipyards in Hamburg, Marseilles and most…
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Weekly Broker: En bloc handies dominate
The secondhand sale and purchase activities tempered a bit this past week. The dry bulk chartering market continued its impressive…
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Capital boxships get new MSC charters after fitting scrubbers
Capital Product Partners has agreed new long-term time charters with MSC for 8,266 teu boxship pair Agamemnon and Archimidis. The…
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US authorities warn they may not return MSC Gayane after $1.3bn drug bust
Three weeks on after the biggest cocaine bust in US history the ship at the centre of the scandal shows…
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Emirates Shipping Line revises down its war risk surcharge
Dubai-based Emirates Shipping Line has climbed down from its original, punchy war risk surcharge. The carrier was one of the…
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Maersk and Hapag-Lloyd hit clients with highest war risk surcharges to date
Maersk and Hapag-Lloyd are the latest liners to bring in war risk surcharges for cargoes heading in and out of…
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Cosco to install scrubbers on 23 boxships
Cosco Shipping Lines has made plans to install scrubbers on 23 containerships in its fleet to comply with upcoming 2020…
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Drewry cuts 2019 container growth estimates
UK shipping consultants Drewry have slashed their global boxport throughput growth in 2019 to 3%, from a previous prediction of…
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ZIM moves to fill the gap left by HMM at 2M
Israeli carrier has announced a further expansion of its strategic cooperation with the members of the 2M Alliance, Maersk and…
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MSC brings in $40 per teu Arabian Gulf war risk surcharge
MSC Mediterranean Shipping Company has become the latest liner to institute a war risk surcharge for all cargoes moving to…
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Weekly Broker: Capes lead the charge
It has been a particularly good week for the dry bulk market, with average earnings for all sizes except handysizes…
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