Containers
-
FSL Trust seals $108m of new loans
Singapore shipping trust FSL Trust Management has closed three new loans worth $108m, refinancing an existing syndicate loan of $109.94m.…
Read More » -
SSL Kolkata risks splitting in two
The has listed further starboard and officials say it is likely to split in two as early as this weekend.…
Read More » -
Weekly Broker: Cape summer spur set to see deals intensify
School’s out for summer in the northern hemisphere, but canny owners are likely to need to keep their smartphones to…
Read More » -
Yang Ming commits to 10 newbuild boxships from Costamare and Shoei Kisen Kaisha
Taiwanese container shipping line Yang Ming Marine Transport has signed time charter agreements with Greek owner Costamare and Japanese owner…
Read More » -
Patagonia buys feeder boxship from Marlow Navigation
Argentinean domestic container shipping operator Patagonia Shipping Lines (PSL) has acquired the 2012-built 1,368 teu containership from Cypriot owner Marlow…
Read More » -
$1.38bn wiped off Hapag-Lloyd in two days since profit warning
Investors have dealt savagely with Hapag-Lloyd shares after the German line announced a profit downgrade on Friday with analysts warning…
Read More » -
Stricken Shreyas boxship now listing
Authorities in India are preparing worst-case scenarios for the stricken boxship. Fires continue to rage on the Shreyas ship, nearly…
Read More » -
Fesco fleet sale gathers pace
Hard pressed Russian transport giant Fesco has let go of another ship. The nine-year-old 1,730 teu has fetched just over…
Read More » -
Nissen Kaiun in for four Mipo feeder boxships
South Korea’s Hyundai Mipo Dockyard looks to have finally closed out its available berths for next year. Japan’s Nissen Kaiun,…
Read More » -
Cosco set to complete OOCL takeover
China Cosco Shipping Holdings has announced on Friday that it has received approval from the Anti-monopoly Bureau of China for…
Read More » -
Okee Maritime snaps up d’Amico boxship
Hamburg-based shipping company Okee Maritime will add a fourth containership to its fleet, taking the from d’Amico Dry, according to…
Read More » -
Evergreen issues $65.7m of green bonds
Taiwanese shipping major Evergreen Marine has launched the company’s first green bonds to support the company’s green initiatives. Taiwan’s First…
Read More » -
False dawns and renewed hope: confidence in shipping since the global financial crisis
Shipping confidence held steady in the three months to end-May 2018 according to UK shipping accountant Moore Stephens’ latest Confidence…
Read More » -
Call to revive Sri Lanka’s flagship carrier
A call has been made for Sri Lanka’s flagship carrier to move more wholeheartedly back into the container business. The…
Read More » -
Shippers voice dissatisfaction with liner service quality
The service provided by container shipping lines has deteriorated since 2016 and is now seen by exporters, importers and freight…
Read More » -
Weekly Broker: Marinakis steals the show
The appetite for sale and purchase deals remains very firm in the dry bulk sector in the past week, despite…
Read More » -
Wan Hai Lines eyes newbuilding orders
Taiwanese container shipping major Wan Hai Lines is planning to order at least four newbuildings in the second half of…
Read More » -
Maersk and MSC yank service as transpac spot rates slide towards triple figures
With spot rates on the transpacific to the US West Coast now being banded around for as low as $1,000…
Read More » -
Xeneta launches container shipping index
Norwegian container freight rate benchmarking platform Xeneta has launched its own shipping index, which it claims will transform the way…
Read More » -
SITC adds boxship pair at Yangzijiang Shipbuilding
Chinese boxship operator SITC International Holdings has announced that it has entered into shipbuilding contracts with Yangzijiang Shipbuilding for the…
Read More »