Containers
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NOL delivers disappointing valedictory full year results
Neptune Orient Lines (NOL), the parent of containerline, APL, delivered its full year results, likely for the last time as…
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CMA CGM’s Rodolphe Saadé confirms new alliance discussions
Rodolphe Saadé, vice chairman of CMA CGM, has confirmed the giant French line is holding discussions about creating a new…
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Evergreen Group terminates chairman role as succession war intensifies
Evergreen Group has announced in an internal notice that the board has approved to terminate the top management division of…
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El Faro was on list of vessels in need of attention, panel told
The El Faro was on a list of vessels considered to be in need of more safety inspections, according to…
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Qatargas, Maersk Group and Shell to pioneer LNG fuel in the Middle East
Qatargas, the Maersk Group and Shell have signed a memorandum of understanding (MOU) to develop the use of LNG bunkers…
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HMM sets mid-March deadline for charter renegotiations
Hyundai Merchant Marine (HMM) has set a date of mid-March to renegotiate rates for its chartered-in fleet. A team is…
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‘Disrupt yourself or be disrupted’
Captain Anil Sharma from Tata Consultancy Services warns container carriers need to be aware of disruptive thinking coming their way.…
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No alliance changes yet for Cosco or China Shipping
No decision has yet been made on where the new Chinese mega carrier – China Cosco Shipping Corp (COSCOCS) –…
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E-mails cause objection, anger and regret on day four of El Faro hearing
A witness objected to one line of questioning and attempted to clarify a previously presented item of evidence on Friday’s…
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Chang Kuo-wei declares himself Evergreen boss amidst family power struggle
Taiwan’s EVA Airways has said internally yesterday that its chairman Chang Kuo-wei, the youngest son of the late Evergreen Group…
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Hurricane-hit El Faro’s wind speed gauge had not worked for months
The US Coast Guard’s investigation into the sinking of the El Faro heard yesterday that the anemometer, the ship’s wind…
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Hyundai Group chair spending $24m to prop up HMM
Hyundai Group chairwoman Hyun Jeong-eun will cough up around KRW30bn ($24.4m) of her own money in a bid to save…
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World’s largest shipping line unveiled in Shanghai
Shipping has a new acronym. COSCOCS is the abbreviated name for the brand new China Cosco Shipping Corporation – the…
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Evergreen denies new container alliance speculation
Taiwanese container giant Evergreen has denied it is in discussions to create a new container alliance. Yesterday, Splash reported that…
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Maersk consolidates ops across South America east coast
The world’s top container carrier, Maersk Line, is consolidating its operations in Brazil, Paraguay, Argentina and Uruguay in a bid…
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Captain of El Faro was ‘eminently qualified’, Coast Guard panel hears
Plaudits for the master of the sunken El Faro boxship were heard at a hearing into the disaster yesterday. Captain…
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Diana Containerships scraps a panamax
Diana Containerships has signed an agreement to sell its panamax boxship to an unnamed buyer for around $5.04m, minus commission.…
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Future of container alliances up in the air as CMA CGM and China Cosco Shipping plot new partnership
French container analysts Alphaliner report the Ocean 3 alliance is likely to be ripped apart. CMA CGM is in discussions…
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Hapag-Lloyd boxship stranded in Genoa with technical issues
15-year-old containership , operated by Hapag-Lloyd and owned by Season, has been left stranded in the port of Genoa Voltri…
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EC and carriers agree to ‘transparency’, general rate increases scrapped
Following its anti-trust probe, the European Commission (EC) has received commitments from 15 international container shipping lines to increase transparency…
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