Containers
-
Huxley’s Mandarin fixes latest newbuild to X-Press Feeders
Hong Kong-based Mandarin Shipping has fixed its latest newbuilding, the 1, 700 teu , to X-Press Feeders for a period…
Read More » -
Hanjin seeks to close Europe operations
Embattled Hanjin Shipping’s move to try and forge a future as an intra-Asia operator moves ahead with news the Korean…
Read More » -
$27bn: IMF estimates bill Korean taxpayers are paying to save local maritime industries
Irate Korean taxpayers reacted with shock Sunday as the full enormity of Seoul’s bailout of the nation’s beleaguered shipping and…
Read More » -
US regulator gives nod to OCEAN Alliance
US watchdog the Federal Maritime Commission (FMC) on Friday gave its approval to the proposed OCEAN Alliance of four major…
Read More » -
Reader interaction yielding plenty of fascinating insights
Bankruptcy and restructuring stories dominated Splash once again this week with readers lapping up our reports on Hanjin, Flinter, Ezra,…
Read More » -
Bangladeshi survives 12 days trapped in a container
An emaciated Bangladeshi man was found in a container from Bangladesh that reached a port in India’s Andhra Pradesh on…
Read More » -
Rickmers Maritime investors hit back with further legal action
Rickmers Trust Management, the trustee-manager of Rickmers Maritime, is facing legal action from investors who want to force the ailing…
Read More » -
Korean boxlines urged to form new alliance
Pulse, a business news site in South Korea, is reporting that Seoul is now looking at getting the nation’s smaller…
Read More » -
‘LNG is the fuel of the future’: CMA CGM
One of the world’s largest containerlines has taken another step in pursuing LNG as a key fuel of the future…
Read More » -
Container shipping has bottomed out: Drewry
Hanjin’s receivership represents the trough of the container shipping market, according to shipping consultants Drewry, and despite continuing concerns of…
Read More » -
Hanjin to axe 400 staff in South Korea
Hanjin Shipping will lay off about 400 land-based employees in South Korea as it fights for survival. The news follows…
Read More » -
New Malaysian containerline launches
Malaysia has a new container carrier. BMS Line has entered the domestic trade between Peninsular Malaysia and East Malaysia, analysts…
Read More » -
Flinter pushed to the edge of bankruptcy by ING
Flinter Group, one of the top ten largest shipowners in the Netherlands, is on the ropes. The multipurpose shipowner has…
Read More » -
In wake of Hanjin demise, Samsung Electronics eyes the Trans-Siberian
Samsung Electronics, stung by the sudden demise of compatriot Hanjin Shipping, has moved to diversify its supply chain tactics. The…
Read More » -
HMM in the mix for Hanjin’s transpacific operations
Hyundai Merchant Marine (HMM) has come out and said it is likely to bid for the transpacific assets of troubled…
Read More » -
Rickmers Group moves to separate itself from trust as D-day looms
Rickmers Group has moved to separate itself from Rickmers Trust Management just two weeks before investors vote to decide if…
Read More » -
CMB turns bearish on panamax boxships, sends 12-year-old twins for scrap
Belgium’s Bocimar has turned bearish about prospects for panamax container vessels, becoming the latest owner to scrap 12-year-old boxships. The…
Read More » -
Shipowners warned on risks of carrying lithium-ion batteries
The Standard Club is warning shipowners to be carerful when transporting lithium-ion batteries in the wake of widespread reports of…
Read More » -
Hanjin’s longest voyage yet
“Time is the longest distance between two places,” concludes the Tennessee Williams’ character at the end of the play The…
Read More » -
Suez Canal negotiating radical pricing rethink
In a radical shift for its pricing mechanism, the Suez Canal Authority is in discussions with a number of the…
Read More »