Containers
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HMM’s net loss for 2017 balloons to more than a billion dollars
South Korea’s leading line Hyundai Merchant Marine (HMM) issued its unaudited results for 2017 today with the red ink flowing…
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Del Monte says yes to Wenchong box pair
Del Monte International, the Monaco division of the famous fruit and vegetable producer, is being linked by brokers to a…
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HMM poised to order 20 giant boxships
Multiple sources in South Korea are now reporting that Hyundai Merchant Marine (HMM) will very shortly put pen to paper…
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McKinsey slams liners for destroying shareholder value, predicts more consolidation
The container shipping industry is expected to continue to struggle with overcapacity and an inability to deliver value to shareholders,…
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Maersk eyes more acquisitions
A.P. Moller – Maersk has hinted at further acqusitions, even as it prioritises the smooth integration of new addition Hamburg…
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Cargow: Trasformative newbuild program
Dutch MPP owner Cargow is being transformed by an ongoing newbuild program. Cargow operates a liner service, with multipurpose vessels,…
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HMM ties the knot with MSC, Hapag-Lloyd and ONE for three South American services
Post-restructuring Hyundai Merchant Marine (HMM) has been keen to develop business lines in partnerships wherever possible. Its latest breakthrough was…
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Evergreen in for eight Samsung 12,000 teu ships
Splash can reveal that Evergreen has put pen to paper for eight 12,000 teu boxships at Samsung Heavy Industries in…
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Gold Star Line: More sophisticated vessels needed on intra-Asia trades
Hong Kong-based Gold Star Line turns 60 this year and has its eyes set on more sophisticated vessels. In his…
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Weekly Broker: Greeks step up to fill gap left by the Chinese
The Chinese have been the most aggressive buyers of bulkers so far this year with the holiday season fast approaching…
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CMA CGM introduces novel way to transport liquids by container
Describing it as an ideal alternative to breakbulk for the transportation of liquids and optimally preserving the product’s properties, France’s…
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NTSB releases its full report on El Faro tragedy
The US National Transportation Safety Board (NTSB) on Wednesday released its full final report on the October 1, 2015 sinking…
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Agility in blockchain collaboration with Maersk and IBM
Agility has become the first freight forwarder to collaborate on Maersk and IBM’s blockchain program to manage and track container…
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MPC Container Ships closes in on more feeders
MPC Container Ships, the fast growing feeder specialist set up by Germany’s MPC Capital, is building up further funds for…
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Disabled MOL Prestige a few days away from port under tow
Previously adrift containership is anticipated to arrive under tow at an as-yet-undisclosed North American port around Saturday February 10, weather…
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Cosco Pakistan head gunned down in Karachi
A senior official from Cosco Shipping Line Pakistan was shot dead in his car in Karachi yesterday. According to local…
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Seaspan buys feeder boxship pair, charters to Maersk Line
Canadian tonnage provider Seaspan Corporation has acquired a pair of 2006-built geared 2,500 teu containerships and sent the on time charter…
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Arne Blystad: Songa Container fleet now in double figures
The year 2017 marked a new high for the S&P sector in shipping with smart money betting on a rebound…
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Boston Consulting report tells carriers to digitise or die
The container shipping industry must join the digital revolution or face being sidelined, a new report from Boston Consulting Group…
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China Shipping legend Li Kelin passes away
Li Kelin, former chairman of China Shipping Group, passed away in Shanghai yesterday at the age of 76. Li was…
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