Containers
-
Pressure builds with 900,000 teu of newbuilds still to deliver this year
Analysts at Alphaliner are warning the deluge of new boxship capacity still to hit the water this year could harm…
Read More » -
Oracle looks at shipping’s blockchain quest with HMM collaboration
South Korea’s Hyundai Merchant Marine (HMM) has started working with California-based software company Oracle in order to move its data…
Read More » -
Weekly Broker: S&P cools off
In line with a sudden cooling of freight rates the past week was not so busy for bulker sales and…
Read More » -
Navios Maritime Containers plans US listing
Angeiki Frangou’s Navios Maritime Containers has submitted a confidential draft registration statement to the US Securities and Exchange Commission proposing…
Read More » -
Indonesia’s president hails new direct call to the US
Indonesia’s president was on hand at Jakarta port yesterday for a momentous day for the transpacific trades. Joko Widodo bade…
Read More » -
Increasing demand and rising costs drive newbuilding price hikes
Better earnings will power a recovery in newbuilding activity, while rising yards costs and the ongoing squeeze on capacity are…
Read More » -
Blockshipping: The real-time container registry
Yesterday saw Copenhagen-based Blockshipping, the creator of the Global Container Shipping Platform (GCSP), debut its public token sale with initial…
Read More » -
Tote Maritime Alaska pushes back deadlines for LNG conversion of vessels
Shipping line Tote Maritime Alaska has altered its liquefied natural gas (LNG) conversion schedule, including delaying by another year the…
Read More » -
Taiwanese maritime and transport giants form alliance
Taiwanese companies Yang Ming Marine Transport, Taiwan Navigation, TS Lines, Taiwan International Ports Corporation (TIPC), Tungya Transportation and Chunghwa Post…
Read More » -
APL details how it is gearing up for the 2020 global sulphur cap
APL, CMA CGM’s Singapore containerline, has announced a 50.7% reduction in carbon dioxide emissions per transported container per kilometer in…
Read More » -
Transworld takes on another feeder boxship
India’s Transworld Group has bought the 1,608 teu from Reederei F.A. Vinnen & Co with Alphaliner quoting a price of…
Read More » -
Classic panamax boxships roar back, charter rates up 200% since late 2016
Charter rates for classic panamax boxships are now at their highest levels in 30 months, lending credence to a bold…
Read More » -
Weekly Broker: Deals pick up pace
The overall firm performance of the dry bulk shipping sector has continued to strengthen investor confidence in the secondhand bulker…
Read More » -
Hapag-Lloyd gives Rolf Habben Jansen five more years
Hapag-Lloyd has extended the contract of CEO Rolf Habben Jansen for a further five years until March 31, 2024. Jensen…
Read More » -
Trade war between China and the US could hit 2.5% of global box trade
BIMCO’s president Anastasios Papagiannopoulos has called for China and the US to hold off from a trade war as data…
Read More » -
Euroseas to spin-off dry bulk fleet creating EuroDry
In a move familiar to many New York-listed Greek shipping companies, Euroseas has announced plans to spin-off the company’s dry…
Read More » -
Another Hapag-Lloyd prang caught on video
Hapag-Lloyd is investigating another embarrassing boxship prang caught on social media. The one-year-old, 10,500 teu collided with three ferries while…
Read More » -
MSC signs 30-year Khalifa Port concession agreement
Mediterranean Shipping Company (MSC) has signed a 30-year concession agreement with Abu Dhabi Ports to set up a new container…
Read More » -
Navios Maritime Containers adds three more boxships
Navios Maritime Containers continues to expand at a rapid rate, acquiring three more containerships for a total of $117.25m. The…
Read More » -
$34bn annual hole identified in global freight payment systems
A new white paper from consultants Drewry suggests that today’s antiquated liner invoicing and payment processes are costing the industry…
Read More »