Containers
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Monsoon must pass before X-Press Pearl wreck removal operation can get underway
X-Press Feeders, operators of the container ship fire-ravaged 2,700 teu , confirmed today that the wreck of the ship is…
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Global Ship Lease brings in another four boxships
London-headquartered containership owner Global Ship Lease (GSL) has sealed a deal to acquire four 5,470 teu panamax containerships for $148m.…
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MSC’s secondhand splurge over the past 10 months hits record 60 ships
Mediterranean Shipping Co’s stunning secondhand splurge has hit another milestone. The Soren Toft-led company has paid Eastern Pacific Shipping $42.5m…
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Congress discusses forcing liners to accept US export container bookings
American politicians are discussing taking drastic action to force global liners to take all US export container bookings. A Republican…
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HMM confirms cyber attack
South Korea’s HMM has become the latest liner to suffer a cyber attack. The company confirmed on Tuesday that it…
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Seaspan closes in on 20-boxship order in China
Seaspan Corporation is close to finalising orders in China for 20 boxships of around 7,000 teu, with deliveries set to…
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Navios Maritime Partners secures long-term charters for five boxships
Angeliki Frangou’s Navios Maritime Partners has entered into long-term time charter agreements for five boxships. The New York-listed firm has…
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Biden pressured to fix US port congestion issues
America’s National Retail Federation (NRF) yesterday asked president Joe Biden to step in and help fix port congestion as retailers…
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X-Press Pearl captain arrested
The Russian master of the fire-ravaged 2,700 teu was arrested yesterday and granted bail later in the day. Sri Lanka…
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SFL seals charter deal for newly acquired boxship pair
John Fredriksen’s SFL Corporation has sealed an agreement to acquire two 6,800 teu container vessels in combination with long-term charters…
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Home Depot charters in ship to battle supply chain pitfalls
The enormous strains felt by retailers in the US, struggling to get stock on their shelves, has taken an extraordinary…
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Records tumble for listed liners
Listed global carriers recorded a combined $16.2bn in operating profits in the first quarter this year, with seven of the…
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Two Chinese carriers launch transpacific services
With rates in record territory the size of a ship on the main east-west trade lanes is no longer a…
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Thailand dusts off national shipping line plans
Thailand is dusting off old plans to create a national flagship carrier. The Port Authority of Thailand (PAT) will conduct…
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Sri Lanka lodges $40m claim against X-Press Feeders
Sri Lankan authorities said over the weekend they will seek $40m in damages from the operator of the , a…
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More than 300 liners waiting for berth space, container congestion mapped globally
From Shekou to Seattle, Amsterdam to Auckland, containerships are backing up like never before in the 65-year history of the…
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Chief mate gets seven years in jail for smuggling $1.3bn worth of cocaine on MSC ship
The chief mate, Bosko Markovic, on the when it was arrested in Philadelphia in 2019 with a record haul of…
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Pearl River Delta jammed
The principle goods highway to the world’s consumers is jammed. In the wake of a Covid-19 outbreak at Yantian Port…
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White House readies supply chain disruptions task force
A report issued this week by the White House, Building Resilient Supply Chains, Revitalizing American Manufacturing, and Fostering Broad-Based Growth,…
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Dutch partners to supply proton exchange membrane fuel cell system for FPS inland boxship
Dutch companies Koedood Marine and Nedstack have been chosen to supply a complete proton exchange membrane (PEM) fuel cell system…
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