Containers
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Malaysian domestic liner orders feeders in China
Domestic Malaysian containerline MTT Shipping has tapped Fujian Mawei in China for a series of feeder ships. Brokers report MTT…
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Maersk rings the changes, operating capacity dips for the first time this decade
Heeding the words of its group CEO, Maersk Line, the world’s largest containerline, is making sweeping changes to its service…
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Are we nearing peak container?
The TT Club and McKinsey have recently issued an 80-page report looking at how the container business might develop through…
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Navios Containers takes up to nine more boxships, files for IPO
Angeliki Frangou’s Navios Maritime Containers has sealed deals to add five boxships to its fleet for a total of $246m,…
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How to approach the rebound in container vessel owner values
In January I wrote for Splash on Pacific Basin valuation approaches. Bulk has been in a rebounding form from low-lows…
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Yangpu Sinowell Shipping dismisses bankruptcy rumours
Chinese domestic container shipping operator Yangpu Sinowell Shipping has issued a release denying it is in financial difficulties, after rumours…
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Maersk closes Chilean reefer factory
Maersk Container Industry is closing its reefer factory in San Antonio, Chile and moving all manufacturing to its facility in…
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Fire rips through Shreyas boxship off Kolkata
Containership suffered an explosion onboard while near Kolkata, India yesterday. The incident happened when the 1,118 teu vessel, operated by…
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Weekly Broker: Lighter Posidonia hangover a sign of the bargains on offer
The normal Posidonia hangover in the S&P markets has not been as keenly felt this year, a likely sign that…
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MPC Container Ships raises more cash for acquisitions
Germany’s MPC Container Ships has raised a further $50m via a private placement, money it says will be used to…
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Ocean Yield acquires and charters back CMB boxship quartet
Norway’s Ocean Yield has announced the acquisition of four 2014-built 3,800 teu containerships which will go out on 12-year bareboat…
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Containers fall off Cosco boxship at Tianjin Port
Five containers fell off 10,000 teu containership during unloading at Tianjin Port Pacific International Container Terminal yesterday. Bunker vessel Jin…
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Borealis linked with boxship trio
Top management at UK-based Borealis Maritime look to have been busy while attending myriad parties at last week’s Posidonia in…
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Eimskip and Samskip face collusion charges
Two Icelandic shipping companies Eimskip and Samskip are currently being investigated by Icelandic Competition Authority for violating Icelandic competition act.…
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Korea Ocean Business Corporation allocates $251m to support domestic lines
Korea Ocean Business Corporation (KOTC), South Korea’s state-sponsored ship finance unit, will allocate a first round of around KRW26.8bn ($251m)…
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Weekly Broker: Quiet bullishness at Posidonia shows through
Brokers and owners were out far too late enjoying themselves in the Greek capital this past week, something that has…
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CMA CGM adds another feeder
CMA CGM continues its feeder S&P splurge , taking the 1,350 teu from German owner Schiffahrtskontortom Wörden for just over…
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Pan Ocean orders boxship pair at Hyundai Mipo
South Korean owner Pan Ocean has placed an order at domestic yard Hyundai Mipo Dockyard for the construction of two…
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K Line top brass face repeated calls for their removal
Once again top brass at Japan’s third largest shipping line, Kawasaki Kisen Kaisha (K Line) are fearing for their jobs…
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CMA CGM and PSA sign digital pact
CMA CGM’s Ze Box and PSA unboXed have signed a Memorandum of Understanding (MoU) to drive digitalisation and innovation in…
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