Containers
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K Line apologises for second hacking incident this year
Japanese shipping major Kawasaki Kisen Kaisha (K Line) has suffered its second serious hacking incident of the year, a further…
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Ocean Yield and Quantum Pacific add newbuild boxship to joint venture
Norway’s Ocean Yield has sealed a deal with Idan Ofer’s Quantum Pacific Shipping to acquire a 49.9% stake in a…
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Maersk signs up for world’s first container fuelled by carbon neutral methanol
Maersk has finally revealed details of the construction of its first methanol-fuelled boxship. The Danish container shipping giant has signed…
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Euroseas orders feeder boxship pair at Hyundai Mipo
Nasdaq-listed Greek boxship owner Euroseas has signed a contract with Hyundai Mipo Dockyard for the construction of two 2,800 teu…
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Shanghai Jin Jiang orders two 1,900 teu ships at Yangfan
Shanghai Jin Jiang Shipping has ordered two firm gearless 1,900 teu ships at Yangfan Group. The deal comes with options…
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Freight forwarder Hellmann eyes cargo drones delivery from 2022
German logistics services company Hellmann Worldwide Logistics is looking to launch a pioneering new transport service for the cross-border transportation…
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Wan Hai in for more Japanese newbuilds
Wan Hai Lines of Taiwan is building a sizeable orderbook. The company announced yesterday it has placed an order in…
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CU Lines to make Brazil debut
China United Lines (CU Lines) is having a banner year of global expansion. Formerly best known as an intra-Chinese player,…
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Danish fashion group Bestseller takes carbon-neutral route with Maersk
Danish fashion group Bestseller has signed up for fully carbon-neutral transport with Maersk as part of its strategy of becoming…
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HMM orders 13,000 teu series to take fleet past the 1m slot mark
South Korean flagship HMM has signed newbuilding contracts with Daewoo Shipbuilding & Marine Engineering (DSME) and Hyundai Heavy Industries(HHI) for…
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Seaspan takes orderbook to 45 with new boxship deal
Seaspan Corporation is adding to its orderbook with a deal for six 15,000 teu newbuild containerships. The scrubber-fitted vessels will…
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Box rates up 332% year-on-year, schedule reliability hits dire new lows
Shippers might be paying 332% more per box that they were this time last year, according to the latest data…
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MSC linked to another five boxship buys
Having added around 60 secondhand vessels over the last 10 months, Mediterranean Shipping Company (MSC) shows no sign of slowing…
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Damning report emerges of the pilots onboard the Ever Given
Bickering Egyptian pilots have been blamed for this year’s most high profile shipping casualty. As preparations get underway to get…
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Drewry’s World Container Index experiences its steepest ever climb
Shippers hoping for some pricing respite from ocean carriers have been battered this week by further records falling. Drewry’s World…
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Seaspan seals charter extensions with Cosco for 17 vessels
Seaspan Corporation has forward fixed contracts to extend the current lease terms for 17 containerships with Cosco Shipping. The vessel…
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Cosco readies launch of container capacity futures
Container availability issues have plagued supply chain issues all year, but they could form a new financial tool. Cosco, China’s…
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Yangzijiang bags $715m in newbuild orders
Chinese shipbuilder Yangzijiang Shipbuilding has sealed new shipbuilding contracts for fourteen vessels worth $715m, adding to its best year since…
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Søren Toft lays out MSC’s position on path to decarbonisation
Nearly seven months into the job and Søren Toft is getting his views across this week. The CEO of Mediterranean…
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Deal in principle reached on Ever Given
An agreement in principle has been reached over a compensation claim between the Suez Canal Authority (SCA) and the owners…
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