Containers
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Box Ships and Bodouroglou to buy back shares
NYSE-listed Box Ships said that it will commence a twelve-month share repurchase program for up to 10% of the company’s…
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ER Schiffahrt and Bernhard Schulte take 12 Maersk boxships under management
ER Schiffahrt and Bernhard Schulte Bernhard Schulte Shipmanagement (BSM) are to take over the full management of 12 container vessels…
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Hapag-Lloyd confirms plans for $500m IPO
Hapag-Lloyd expects to raise $500m (€447m) in its initial public offering (IPO) and has confirmed it will list its shares on…
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Harren & Partner in for up to eight boxships
Germany’s Harren & Partner has emerged as the line behind an order for eight 1,400 teu ships at China’s Taizhou…
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Crowley buys Miami-based SeaFreight Agencies
Crowley Maritime Corp has signed a letter of intent to acquire Miami-based SeaFreight Agencies, a liner and logistics company that…
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Danaos buys three boxships through new joint venture
Danaos has capitalised “on depressed asset prices in the resale market” by buying three post-panamax containerships through a new Caymans-registered…
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Matson agrees to stop beaching ships
American boxline Matson has agreed to stop beaching its ships for recycling in India, Pakistan and Bangladesh. Its last ship…
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Mexico seizes nearly 170kg of cocaine on Hamburg Süd containership
Mexican authorities revealed on Monday that on Sunday they had seized 169.5 kilograms of cocaine hidden on a Hamburg Süd…
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Shanhaiguan Shipbuilding Industry signs six 1,100 teu boxships
CSIC-affiliated Shanhaiguan Shipbuilding Industry has signed shipbuilding contracts with Dalian Jifa Ship Management and Dalian Port Wantong Logistics for the…
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Hapag Lloyd to launch IPO in November
Hapag Lloyd looks set to launch its initial public offering (IPO) by mid-November this year, according to reports from Germany’s…
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Seaspan granted $1bn credit facility by China Exim Bank
Seaspan Corporation has signed a framework cooperation agreement with the China Exim Bank for up to $1bn in export credit…
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Diana Containerships gets $148m loan, extends panamax timecharter
Diana Containerships has secured a new six-year loan from the Royal Bank of Scotland (RBS) for $148m, and has extended…
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Russian seafarer suffers 90% burns onboard MSC ship
A sailor suffered severe burns yesterday in the Baltic and helicoptered to a hospital in the Polish city of Gdynia.…
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Containership catches fire at Manila International Container Port
A 2,742 teu containership, Cape Moreton (37,882dwt, built 2005) caught fire Saturday morning while anchored at Manila International Container Port…
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Evergreen orders 10 more small containerships
Taiwan’s Evergreen Group has ordered ten more 2,800-teu containerships from the Imabari shipyard in Japan, for delivery over a 12-month…
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Yang Ming orders five more 14,000 teu boxships from Imabari
Taiwan’s Yang Ming Line has officially signed shipbuilding and chartering contracts with Japan’s Imbari Shipbuilding and Shoei Kisen Kaisha for…
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Shippers face unreasonable terms from Quanzhou owners to release Nan Tsing cargo
Quanzhou owners who have detained ships they chartered to defunct Nan Tsing Container Lines are asking shippers to sign unfair…
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Taicang Port blockaded in dispute over Nan Tsing containers
The disputes between shippers and Taicang Port have intensified, as a number of shippers still haven’t reached agreement with the…
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Cosco orders eleven 19,000teu boxships at four yards
China’s state-run shipping giant Cosco has announced that it has signed agreements with four domestic yards for the construction of…
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Maersk containership spills fuel off Barcelona
An oil spill was reported from a Maersk containership yesterday, the 2,240 teu Nele Maersk (30,194 dwt, built 2000), around 140km…
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