Containers
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Charleston terminal evacuated as suspected dirty bomb reported on Maersk ship
At approximately 20.00 hrs on Wednesday authorities were made aware of a potential threat – cited as a possible dirty…
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Ship capsizes in Strait of Malacca, two missing
Two men are missing after an Indonesian general cargo capsized in the Strait of Malacca today, having been hit by…
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CMA CGM buys Mercosul from Maersk
CMA CGM is buying Mercosul Line from Maersk Line as part of the latter’s agreement to soothe regulators over its…
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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…
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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,…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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.…
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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…
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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…
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