Container Shipping

Seaspan orders five additional fuel-efficient 14,000 TEU containerships after signing long-term, fixed rate time charter contracts with Yang Ming Marine

Diana Containerships Inc. (Nasdaq:DCIX) has signed two Memoranda of Agreement to purchase from an unaffiliated third party two Post-Panamax container vessels,

Mitsui O.S.K. Line announced Monday that it has completed measures to reinforce the hulls of three of MOL Comfort's sister vessels after having conducted an

By Gavin van Marle In a sign of just how weak the container shipping market has become this year, the parent company of Hong Kong-based box carrier OOCL

In an exchange filing today, China COSCO announced their plans to scrap 13 ships, consisting of 4 container vessels totaling 11,207 TEU and 9 bulk carriers of

Aug. 7 (Bloomberg) — Hapag-Lloyd AG cut costs amid falling fuel prices to deliver a profit in the second-quarter as Europe’s fourth-largest

The Port Of Rotterdam reports that the 102455 DWT containership Hanjin Hamburg struck a Fin whale in the Bay of Biscay on Friday. The adult female was

Container lines’ schedule reliability across the global shipping trades decreased slightly in May, according to the latest analysis from liner

Aug. 2 (Bloomberg) — German rail operator Deutsche Bahn AG started another direct train link on the China to Europe trade route, extending its reach into

While there are few signs of a peak season developing on the Asia-Europe westbound trade as overall volumes remain flat, there appears to be something of a

Shippers and forwarders in the Asia-Europe trade currently experiencing tight space constraints need to prepare themselves for further cuts in capacity in

By Yimou Lee HONG KONG, July 31 (Reuters) – China’s largest bulk shipper, China COSCO Holdings Co Ltd , may sell some of its $1.6 billion in

Europe’s busiest container terminals are seeing their margins put under pressure as they expand to cater to the world’s largest box ships at a time

2nd Officer Yaroslav Karetnikov of the Mærsk McKinney-Møller created a timelapse video of his ship’s maiden port call to Busan, South Korea. Watch it

Containership owners such as Maersk Line, CMA CGM, Seaspan, SinOceanic, Costamare, Ignazio Messina, Capital Shipmanagement, CIMC and others are all moving

In Seaspan’s latest financial earnings report, CEO Gerry Wang broke the news about having placed a $550 million order for an undisclosed number of new

July 26 (Bloomberg) — Panalpina Welttransport Holding AG, the world’s fourth-largest seafreight forwarder by revenue, reduced its growth forecast

COPENHAGEN, July 26 (Reuters) – Spot container shipping rates from Asia to Northern Europe jumped more than nine percent this week after three weeks of

Filipino container terminal operator International Container Terminal Services Inc (ICTSI) has filed for arbitration over its treatment at the hands of Batumi

UPDATE 2: 22 July Shipmanagement Company Leonhardt & Blumberg report that their container vessel MV “HANSA BRANDENBURG” is currently being