Containers
-
K Line top brass fight for survival ahead of crunch shareholder vote
Senior management at Kawasaki Kisen Kaisha (K Line), Japan’s third largest line, have hit out at detractors planning a shareholder…
Read More » -
SM Line takes on one of its largest ships to date
SM Line, part of South Korea’s Samra Midas Group and one of the fastest growing containership owners in the world,…
Read More » -
MSC advises on trio of chartered Rickmers ships
Following the insolvency of the Rickmers Group MSC has advised it has three vessels from Rickmers under time charter, namely…
Read More » -
Milaha drafted in to provide Qatar with daily essentials
Milaha, Qatar’s diverse shipping line, has been drafted in by local authorities to provide an essential link with the outside…
Read More » -
Rickmers seeks to delist bond
As it initiates restructuring Germany’s Rickmers Holding has moved to delist its 2013/2018 bond in Frankfurt due next year. The five-year EUR275m bonds were launched…
Read More » -
SITC adds one more and cements top 20 liner position
China’s SITC continues its rapid fleet build up, cementing its position as the nation’s largest private boxline. With the acquisition…
Read More » -
Eimskip takes over Danish logistics company SHIP-LOG
Icelandic shipping firm Eimskip has strengthened its position in worldwide logistics services by acquiring a 75% stake of the freight…
Read More » -
MPC Container Ships raises more cash for more ship acquisitions
MPC Container Ships, among the fastest growing boxship operators in the world, has raised new cash with an eye on…
Read More » -
Philly Shipyard in talks for four Jones Act boxships
Philly Shipyard says it has initiated construction of up to four new containerships with deliveries in 2020 and 2021, and…
Read More » -
CMA CGM reveals list of five start-ups it will support
French containerline CMA CGM has revealed the five start-ups it will invest in following a competition it has been running…
Read More » -
Hapag-Lloyd deflects Qatar concerns, vows ‘smooth transition’ with UASC
German containerline Hapag-Lloyd has issued a statement today vowing that its integration with United Arab Shipping Co (UASC) is proceeding…
Read More » -
Great Harvest Maeta denies boxships deal
Hong Kong-based bulk carrier operator Great Harvest Maeta has officially denied that the company has acquired two secondhand containerships. Alphaliner…
Read More » -
Great Harvest Maeta enters container sector with double acquisition
Hong Kong-based bulk carrier operator Great Harvest Maeta has made its debut in the container shipping sector with the acquisition…
Read More » -
Peter Döhle inks $200m financing deal with ICBC Financial Leasing
German owner Peter Döhle has signed a major financing deal with China’s ICBC Financial Leasing for its newbuildings at Chinese…
Read More » -
Cyprus Maritime acquires panamax boxship from Cleaves
Greek owner Cyprus Maritime has acquired a 5,042 teu panamax containership from Cleaves Marine Finance of Norway, according to Alphaliner.…
Read More » -
Dalian Trawind revealed as buyer of Diana panamax containership
Chinese containership operator Dalian Trawind has been revealed as the buyer of 3,739 teu containership from Diana Containerships. According to…
Read More » -
Are ships set for shorter lifespans?
Chief correspondent Jason Jiang discusses how prevailing market sentiment are changing scrap options for owners. The continued pressures in the…
Read More » -
Rickmers has not given up hope of surviving
Rickmers has not given up hope of survival. The famous German line, which filed for insolvency on Friday after key…
Read More » -
Rickmers files for insolvency in largest shipping casualty since Hanjin
In the biggest shipping casualty since Hanjin, German shipping group Rickmers officially filed for insolvency on Thursday, in the wake…
Read More » -
Hapag-Lloyd to let go of more than 1,300 staff
Hamburg-based Hapag-Lloyd has confirmed reports that 12% of its 11,000 land-based staff will be made redundant in the wake of…
Read More »