Containers
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SITC orders boxship quartet at Dae Sun
Chinese containership operator SITC has announced that it has exercised options for the construction of two containerships while it also…
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14,000 teu Cosco containership runs aground off Antwerp
Cosco Shipping’s 14,000 teu containership has run aground on the Scheldt Estuary off Bath while en route from Antwerp to…
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Container consolidation is not over: Maersk’s Skou
Consolidation within the container space still has a way to go whereby there will be as few as just five…
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Songa Container snaps up Hapag-Lloyd boxship
Arne Blystad’s container shipping unit Songa Container has acquired a 3,104 teu containership from German owner Hapag Lloyd. According to…
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MC Seamax acquires post-panamax containership from Reederei NSB
Shipping investment management firm MC Seamax is said to have acquired a 8,084teu post-panamax containership from German owner Reederei NSB.…
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Fuel removal from stranded Lomar boxship completed
Work to extract 750 tonnes of heavy fuel oil from Lomar Shipping’s stranded container ship has been completed and efforts…
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HMM not out of the woods yet with $112m second quarter loss
While most of its container shipping rivals have managed to turn around results for the second quarter, South Korea’s Hyundai…
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Another Hanjin debacle must not happen: FMC’s Doyle
Federal Maritime Commissioner William Doyle has issued a statement three weeks prior to the one-year anniversary of the Hanjin bankruptcy,…
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Korean carriers must consolidate further to survive: Alphaliner
South Korea’s 14 container carriers coming together on intra-Asia trades will not be enough for them to compete in today’s…
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Creditors brace for huge losses as Hanjin liquidation raises just 2.1% of total claims
The trustee overseeing Hanjin Shipping’s bankruptcy proceedings has warned creditors that the Korean line has managed to raise just $220m…
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MSC Daniela finally reenters service four months after massive fire
Eleven weeks after it limped into dock at a repair yard in Shanghai the fire ravaged 13,800 teu boxship finally…
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Qatar Navigation buys boxship, ramps Sohar infrastructure in wake of sanctions
Qatar Navigation – also known as Milaha – continues to take action to operate in a more constricted environment weeks…
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CC Tung: OOCL didn’t have the capital base to compete with the big boys
CC Tung, the veteran chairman of Hong Kong liner Orient Overseas Container Line (OOCL), has outlined why he felt he…
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Solvent leak at Long Beach injures 13
Twelve dockworkers and a firefighter sustained minor injuries after a containership leaked a hazardous material in the Port of Long…
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Zhejiang Ouhua wins order for 2,700 teu pair from Cape Shipping
Chinese shipbuilder Zhejiang Ouhua has won an order for two 2,700 teu containerships from Greece’s Cape Shipping. The two ships…
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South Korea’s container carriers join forces
Just ahead of the first anniversary since Hanjin Shipping sought bankruptcy protection, South Korea’s remaining 14 container carriers have announced…
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HMM looks at chartering in boxships for busy transpacific tradelane
Amid very high utilisation rates seen on the transpacific tradelane Hyundai Merchant Marine (HMM) is looking at chartering in some…
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Misfortune strikes two Maersk ships in Brazil
Two Maersk-operated containerships in Brazil have been involved in serious incidents. In the worst instance, 2009-built collided with a tug…
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Ocean Alliance closing the gap with 2M as market share battle heats up
The Ocean Alliance will pursue a “hard drive” for market share in the coming couple of years as a flood…
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Helicopter deployed to remove fuel from grounded boxship
Tricky weather conditions have forced salvors working the grounded off New Caledonia to use a helicopter to offload the fuel…
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