Containers
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Green light for Pasha Group’s acquisition of Horizon Lines’ Hawaiian operations
San Francisco: The Pasha Group is free to complete its acquisition of Horizon Lines’ Hawaiian business after the US Department…
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Container shipping is like an arms race: CC Tung
Singapore: Container shipping’s rush to order ever larger ships was likened to an arms race at yesterday’s Singapore Maritime Lecture.…
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Reederei NSB completes pioneering boxship widening process
Shanghai: German owner Reederei NSB has completed a world-first ship widening project, giving a one of its ships an extra…
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Lysblink Seaways to be scrapped in Scotland
London: The DFDS Seaways containership that ran aground off Scotland in February is to be scrapped after repairs were deemed…
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Challenges facing boxlines debated at Sea Asia
Singapore: The global container shipping market is still not optimistic for the foreseeable future, and cost control has become one…
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Near term outlook grim: Sea Asia Global Forum
Singapore: The mood was mixed among panellists at the Sea Asia Global Forum this morning. The lead start to the…
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Hapag-Lloyd orders five new containerships
London: Hamburg-based container carrier Hapag-Lloyd has placed an order for five new 10,500-teu containerships at Hyundai Samho Heavy Industries, South Korea.…
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New Delhi exempts vessel sharing pacts from ambit of competition watchdog
New Delhi: The Indian shipping industry has been spared an irritating bureaucratic procedure, with the Indian government exempting vessel sharing…
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World’s first LNG-powered containership launched
San Francisco: On Saturday, General Dynamics NASSCO launched the 3,100 teu Isla Bella, the world’s first LNG-powered containership. More than…
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SCI puts its container division on six-month probation
Mumbai: Seriously concerned at the extremely low profits turned out by the container sector in its portfolio, Shipping Corporation of…
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Atlantic Container Line: ‘Carriers obsessed with market share instead of profitability’
Westfield: Container carriers continue to chase market share much to the detriment of their bottom lines, says the head of…
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Shippers are demanding greater transparency from shipowners
Singapore: The Sustainable Shipping Initiative (SSI), a coalition of companies from across the global shipping industry focused on uniting commercial growth with…
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Cosco disposes of 14 vessels
Shanghai: Chinese shipping giant Cosco has announced that it has sold 13 bulkers and one containership with a total capacity…
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Greeks lead ship scrapping this week, including three capesizes
London: A trio of capesize bulk carriers are among the vessels sold by Greek shipping companies for demolition on the Indian subcontinent…
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Yang Ming readies another five 14,000 teu ships
Taipei: Taiwanese containerline Yang Ming Marine Transport is looking at ordering another five 14,000 teu containerships. This Thursday sees the…
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18 out of 20 top boxlines vulnerable to ‘click-jacking’ cyber attacks
Copenhagen: Danish maritime cyber security specialists CyberKeel latest research shows that 18 out of the top 20 containerlines – as…
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TransAtlantic gets new name and new CEO
Stockholm: Swedish shipowner Rederi AB TransAtlantic has changed its name this week to Viking Supply Ships, and also appointed Christian…
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Rickmers to invest $50m making ships energy-efficient
London: The Rickmers Group has signed an agreement with an unnamed charter customer to spend $50m in modernising “major parts”…
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Cosco to order at least ten 19,000-teu containerships
London: China Cosco Holdings is in the final stages of completing a $1.4bn order for “at least” ten 19,000-teu containerships…
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Hapag-Lloyd in for 11,000 teu quintet
Hamburg: Hapag-Lloyd has signed a letter of intent with Korea’s Hyundai Heavy Industries for the construction of five 11,000 teu…
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