Containers
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Congress to debate amending US Shipping Act next month
Across Washington DC there’s ever greater scrutiny of the operations of the world’s container shipping companies, who are on track…
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MSC Group and Oldendorff Carriers join the Methanol Institute
The Methanol Institute (MI), a global trade association focused on the future of fuel, has welcomed another two giants of…
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Evergreen drops Ever Given’s Hamburg call
The giant boxship will not be making its usual Hamburg port call due to concerns surrounding navigation safety, the operator…
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SCFI breaks through the 4,000 mark for the first time
The Shanghai Containerized Freight Index (SCFI) – the benchmark liner spot reference – crossed the 4,000 point for the first…
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Cosco splashes $1.5bn on ten boxships at CSHI
Chinese shipping giant Cosco has entered into contracts with affiliate shipbuilder Cosco Shipping Heavy Industry Yangzhou for the construction of…
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MSC partners with Shell on path towards decarbonisation
Mediterranean Shipping Company (MSC), the world’s second largest containerline, has signed a memorandum of understanding with energy major Shell to…
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Swamped Union Pacific halts all rail shipments from US west coast for a week
Shippers in America, slammed by record rates and delays, have been hit with another mini black swan event.Railroad operator Union…
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Seaspan completes $750m offering of blue transition bonds
Canadian containership owner/operator Seaspan Corporation has successfully closed its issuance of $750m in senior unsecured notes. The notes are being…
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Danaos snaps up six boxships
Greek containership owner Danaos Shipping has acquired six 5,466 teu vessels built at Hanjin Subic Bay shipyard in the Philippines…
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Cosco, ONE, Yang Ming and Maersk all tipped to order in next great wave of boxship expansion
The stunning amount of boxships ordered so far this year is set to continue with big names such as Cosco,…
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Container congestion registered in every corner of the planet
The state of global container congestion continues to roil supply chains right across the world. Exclusive data from maritime intelligence…
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Developing nations suffer from extreme freight rates
Developing world countries and their small and medium-sized enterprises (SMEs) are taking a huge blow from the current situation in…
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Cyprus Maritime seals the containership deal of the year
In a year where seemingly every last transaction sets a new container shipping S&P record, Cyprus Maritime has pulled off…
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X-Press Feeders makes initial $3.6m payment over Sri Lankan sinking
X-Press Feeders, operators of the burnt containership , through the vessel owner’s P&I insurers, have made an initial payment of…
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Fat cows, foolish virgins, and the snows of yesteryear
The carriage of goods by sea is one of the things that Sir Richard Branson hasn’t tried (yet) so the…
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US FMC and DoJ sign MOU to collaborate on antitrust issues
The US Federal Maritime Commission (FMC) and the antitrust division of the Department of Justice have signed a memorandum of…
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Ever Given departs Port Said, set to reach Rotterdam 110 days later than originally scheduled
The 20,388 teu finally got underway, leaving Egyptian waters this morning having spent the past five days at an outer…
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Carriers play down Biden’s competition threat
Carriers have sought to play down US government fears on competition and erroneous charges. President Joe Biden has issued an…
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Steering failure likely cause of Malaysian ship collision
A steering system failure is suspected to be the cause of a collision between a panamax bulk carrier and a…
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Biden vows to tackle competition issues in liner shipping
President Joe Biden will shortly order American transportation agencies to address competition in rail and shipping, as shippers struggle with…
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