Containers
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Proof of alien life forms deemed more likely than a correct five-year shipping forecast
In a damning rebuke to today’s crop of shipping analysts, a vast majority of Splash voters reckon the chances of…
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Green light for VSA between Eimskip and Royal Arctic Line
The Icelandic Competition Authority has approved exemption for the cooperation between Eimskip and Royal Arctic Line, the national carrier of…
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Weekly Broker: Cape sales dominate the news
The dry bulk sale and purchase market has seen another periodic slowdown this past week as sentiment remains soft in…
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ZIM signs up for Maersk-led TradeLens
In an important blockchain breakthrough for liner shipping, Maersk has found another rival to sign up to TradeLens, its platform…
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20-row Evergreen boxship set to make landmark Panama Canal transit
The Panama Canal is set to receive its first 20-row across boxship transit. The 14,424 teu , which Evergreen has…
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Digital Container Shipping Association launched with Maersk exec installed as CEO
Four of the world’s largest liners have officially debuted a new association to standardise digital developments, installing a Maersk high-flier…
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Sinokor and Heung-A merger moves ahead
From Monday, Sinokor and Heung-A, South Korea’s fourth and fifth largest liners respectively, will merge their container services ahead of…
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Weekly Broker: Smaller ships dominate sales action
The sale and purchase activity is picking up this week for both tankers and bulkers with buyers showing particular interest…
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Yang Ming takes another four Shoei Kisen newbuilds on charter
Taiwan’s Yang Ming Marine Transport Corp and Shoei Kisen Kaisha of Japan have signed further charter agreements for four 11,000…
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KMTC charters largest ever boxship
Korea Marine Transport (KMTC) is said to have brought in the 2010-built post panamax containership to its fleet through a…
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Liners blown off schedule by global warming: Jeremy Nixon
Global warming is leading to liner disruption, the CEO of the world’s sixth largest containerline claimed today. Speaking as keynote…
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New boss strikes sombre tone as K Line turns 100
Today marks the 100th anniversary since the founding of Kawasaki Kisen Kaisha (K Line), Japan’s third largest shipping line. It…
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Maurizio Aponte steps down from MSC
Maurizio Aponte, cousin of Gianluigi Aponte and one of Mediterranean Shipping Company’s (MSC) top executives from the very beginning, is…
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Weekly Broker: Big ships face big problems
Entering the second quarter of the year, the large size shipping sectors in both bulkers and tankers remain in the…
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Seattle readies for megamaxes
The ports of Seattle and Tacoma have given the green light to a $500m scheme to upgrade and lease Terminal…
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Dong-A Tanker seeks court protection
In the biggest Korean shipping collapse since Hanjin Shipping folded, Dong-A Tanker yesterday sought court receivership in Seoul. Founded in…
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Claus Hemmingsen to leave Maersk
Once tipped for the top post, Claus Hemmingsen will step down as vice CEO at A.P. Møller – Mærsk at…
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IMO 2020 is nothing new
Shippers and carriers faced off earlier this decade over high fuel prices, recalls Lars Jensen from SeaIntelligence Consulting. At the…
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MOL boss warns of rough seas ahead
In a more sombre address than normal the head of Japan’s largest shipping line has warned the new financial year…
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Cosco taps PetroChina for low sulphur fuel
The world’s third largest container shipping line has fixed a deal to get a sizeable chunk of its fleet fixed…
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