Samsung Heavy Industries has won a KRW 447.6 billion ($421.53 million) order for five containerships from an unnamed Asian shipowner according to a regulatory filing today.
The delivery of the five vessels is expected to be completed by the end of 2015.
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By Gavin van Marle (The Loadstar) – After ONE cancelled bookings to Middle East Gulf ports yesterday, its chief executive, Jeremy Nixon, told delegates at the S&P Global TPM event in...
Container freight spot rates on the major trades saw limited movement this week as supply chains in China slowly began to restart following the new year holiday.
Global container shipping rates extended their decline for a sixth consecutive week, dropping 1% to $1,919 per 40-foot container as the traditional pre-Lunar New Year cargo rush continues to disappoint...
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