Containers
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HMM finally provides details on 20-ship ordering spree
In one of container shipping’s longer telegraphed orders, South Korea’s Hyundai Merchant Marine (HMM) has finally officially announced it is…
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Computer says no. What are large containerships really worth?
An improvement in fundamentals rather than an influx of new capital is behind the rise in boxship asset values, writes…
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TS Lines orders two boxships at CSBC
Taiwanese containership operator TS Lines has placed an order at compatriot shipyard CSBC for the construction of two 1,800 teu…
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Seoul’s new shipping package will see 200 more ships ordered by 2020
South Korea’s Ministry of Oceans and Fisheries today unveiled its mid-term restructuring plan for the nation’s shipbuilding and shipping sector,…
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Weekly Broker: Easter fails to egg on S&P
With charter rates cooling for dry bulk and tankers remaining in the doldrums this past week has seen owners step…
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Hamburg Süd teams with Electrolux in pioneering emissions cutting project
Containerline Hamburg Süd and Swedish home appliance manufacturer Electrolux have teamed up for a pioneering sulphur dioxide emission-cutting project. During…
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Euroseas seals new feeder boxship charters
Greek owner Euroseas has sealed new charters for two of its feeder container vessels, EM Athens and Manolis P. The…
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MPC Container Ships picks up SITC boxship
MPC Container Ships continues its rapid fleet build-up with the acquisition of 2,496 teu containership from China’s SITC. The 2006-built…
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Kongsberg and Wilhelmsen form the world’s first autonomous shipping line
Norwegian maritime groups Kongsberg and Wilhelmsen have jointly announced the establishment of Massterly, an autonomous shipping joint venture that will…
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Cosco anticipates June conclusion for OOCL takeover
Cosco anticipates sealing the $6.3bn takeover of Hong Kong’s Orient Overseas Container Line (OOCL) by the end of June. Cosco’s…
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Three to ONE: Japan’s Ocean Network Express starts operating
To little fanfare the world’s newest containerline officially started operations Sunday. Ocean Network Express (ONE), the liner giant created by…
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Tote President and CEO Anthony Chiarello announces retirement
Anthony Chiarello has announced he will be retiring this summer as President and CEO of leading US domestic carrier Tote…
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Yoo given another three years at the helm of HMM
At a shareholders’ meeting in Seoul, C K Yoo, the CEO of Hyundai Merchant Marine (HMM) has been granted another…
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Ocean Network Express: Jeremy Nixon ready for April ONE
Neatly bookending a key chapter in his career, Maritime CEO has the last interview with Jeremy Nixon ahead of Sunday’s…
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PIL founder retires
Y C Chang, the founder of Singapore’s Pacific International Lines (PIL), is handing the chairmanship of the company he founded…
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Rolf Habben Jansen expands his role at Hapag-Lloyd
Germany’s top containerline is reshuffling top management with its CEO, Dutch national Rolf Habben Jansen, taking on a wider role.…
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MPC Container Ships confident of further acquisitions this year
The fastest growing containership operator in the world reckons prices are still attractive enough to carry on its buying spree.…
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Diana Containerships vessel involved in Shanghai chemical scare
A containership operated by Greek owner Diana Containerships suffered a chemical leakage from one of its containers at Shanghai’s Yangshan…
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Sinokor and Heung-A agree to merge container operations
Days ahead Japan’s big three lines merging their container shipping operations, there’s news breaking from neighbouring South Korea where two…
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Royal Arctic Line orders boxship pair at Zamakona
Greenland’s Royal Arctic Line has tapped the Spanish shipbuilder Zamakona Yards to build the company’s two largest boxships. The vessels…
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