Containers
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Fifth Korean company linked with HMM takeover
A fifth Korean company has emerged as a suitor in the takeover of HMM, the country’s flagship carrier. State-backed creditors…
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Rodolphe Saadé readies launch of national newspaper
Shipowner tycoon turned media baron Rodolphe Saadé plans to launch a national Sunday newspaper later this year, according to local…
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MSC takes over Milan air cargo carrier
MSC has acquired the majority stake of AlisCargo Airlines, a Milan-based air freight carrier. The parties confirmed that the transaction…
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Port call count highlights differing hub adherence among sectors
Different shipping sectors have mixed hub concentration levels, new data from Clarksons Research shows. In terms of capacity, it is…
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Volatile conditions see Maersk raise profit expectations while warning of weaker H2
Maersk became the latest carrier to post solid Q2 results today with an EBITA of close to $3bn with plenty…
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Report card published on carrier and retailer shipping emissions
A report card released by the Ship It Zero campaign suggests carriers are better than retailers when it comes to…
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CMA CGM settles with US EPA over Clean Water Act violations
The US Environmental Protection Agency (EPA) has settled with French liner CMA CGM over claims of violations by four of…
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SM Group ups stake in HMM
Showing just how keen he is to take his country’s most prized shipping asset, Woo Oh-hyun, the chairman of SM…
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New liner launches out of Dubai
A new name in liner shipping has just been launched looking to cash in on an area where container profits…
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COSCO electric vessel capable of 1,000 km Yangze voyages launched
COSCO Shipping Development, the financing arm of Chinese state giant COSCO Shipping, has announced the launch of a 700 teu…
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CU Lines on the ropes with chairman detained in China
The grand plans for China United Lines (CU Lines) lie in tatters, the company becoming a victim of the collapse…
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‘Two-speed’ pattern emerges in global orderbook: Clarksons
Clarksons Research has drilled down to show subscribers to its weekly newsletter the severely skewed global orderbook, and the ramifications…
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X-Press Feeders fixes European green methanol supplies
OCI Global will supply X-Press Feeders with green methanol at the port of Rotterdam from next year. The milestone agreement…
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Box rates on the transpacific soar amid strict capacity discipline
Barring the pandemic bonanza years, box rates on the transpacific are soaring to highs not seen since 2012 for this…
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SunGas funding $2bn green methanol plant for Maersk ships
Houston-based SunGas Renewables has invested $2bn to construct a new green methanol production facility in central Louisiana which will fuel…
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Four parties now in the running to take over HMM
The runners and riders lining up to bid for control of HMM, South Korea’s flagship carrier, are growing. State-backed entities…
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Foroohari buys its largest vessel
Germany’s Foroohari Schiffahrt has bought its biggest ship in its 28-year history. Alphaliner is reporting it has bought the scrubber-fitted…
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Maersk slashes its fleet the most among global carriers this year
In the year to date Danish giant Maersk has slashed its fleet size more than any other global carrier, according…
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Pan Ocean parent lodges bid for HMM
A second suitor has emerged lining up bids for HMM, South Korea’s flagship carrier. Harim Group, which controls local owner…
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Euroseas agrees higher rates for container vessel duo
Greek boxship owner Euroseas has terminated the current charters for the Rena P and Emmanuel P container vessels, while concurrently…
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