Containers
-
Newbuild prices cool off
Newbuild prices have cooled off in the last fortnight as the volume of orders remains very low in the first…
Read More » -
Cosco completes takeover of Singamas units
Cosco Shipping Financial Holdings, a unit of China Cosco Shipping Group, has completed the takeover of four container manufacturing subsidiaries…
Read More » -
Antong Holdings chairman transfers voting right to proxy
Antong Holdings has announced that the company’s controlling shareholder and chairman Guo Dongze has transferred his 29.99% voting right to…
Read More » -
Weekly Broker: July tops the charts for bulker sales
The sale and purchase market for secondhand bulkers saw a slight slowdown in the past week, while the chartering market…
Read More » -
MSI: ‘Shipping has rarely faced such a combination of contradictory forces’
Shipping investment decisions are extraordinarily difficult today, according to the head of UK consultants, Maritime Strategies International (MSI). Unveiling a…
Read More » -
350,000 teu of world boxship fleet in drydock for scrubber installations
The number of boxships withdrawing from service for scrubber installations has surged in recent weeks and is set to climb…
Read More » -
Navios Maritime Containers refinances seven boxships
Navios Maritime Containers has revealed the refinancing of seven containerships as well as the conversion of a purchase obligation to…
Read More » -
Mohammad Saeedi steps down at IRISL
Iran’s largest shipping line has a new boss after Mohammad Saeedi resigned yesterday from his role as managing director of…
Read More » -
Weekly Broker: Bulker rush ahead of price rises
The strong momentum in the dry bulk shipping market continues to see plenty of tonnage change hands as investors rush…
Read More » -
Maersk Honam rechristened and ready to sail
Seventeen months after a fire ripped through it, Maersk is set to send the 15,282 teu boxship Maersk Honam back…
Read More » -
Gianluigi Aponte bets on ONE and Hapag-Lloyd merger
At the first annual meeting of the newly born Italian shipowner association, Assarmatori, the executive chairman of Mediterranean Shipping Company…
Read More » -
Maersk fined in Spain after locals spot boxship belching excessive emissions
Observant Spanish locals last week spotted a boxship belching out more smoke than normal, leading to a swift EUR20,000 ($22,435)…
Read More » -
Global Ship Lease secures new charter agreement with OOCL
UK-based containership charter owner Global Ship Lease (GSL) has secured a new charter agreement for 2003-built, 2,207 teu . The…
Read More » -
Weekly Broker: Soaring bulk fortunes spark record sales week
As the sentiment in the dry bulk market continues to strengthen, the investors’ confidence in secondhand tonnage has been greatly…
Read More » -
Global decarbonisation agenda could see huge swathe of merchant fleet become stranded assets
Tanker owners have been given a stark warning today that potential radical global decarbonisation agendas could see tanker demand fall…
Read More » -
Alphaliner detects two-tier box shipping market
In its half-year review of the container shipping market, analysts at Alphaliner say they have detected the advent of a…
Read More » -
MSC forks out $50m to get cocaine-bust ship trading again
The is sailing towards the Netherlands after its operator forked out $50m to free the boxship a month after US…
Read More » -
KMTC boxship struck by chemical blaze sent for demo
Korea Maritime Transport Co (KMTC) has sold a 21-year-old feeder ship for scrap that was involved in a spectacular fire…
Read More » -
Feeder boxship brings down crane at Indonesian port
Feeder boxship defied its name yesterday, slamming into a pier and bringing down a gantry crane at Indonesia’s Semarang Port.…
Read More » -
CMA CGM, Cosco, Hapag-Lloyd and leading ports set out to create the internet of logistics
A host of top carriers and port groups have signed up to a CargoSmart-led new association designed to come up…
Read More »