Container Shipping

By Ari Rabinovitch JERUSALEM, March 21 (Reuters) – Israeli shipping company Zim shrugged off a 58 percent increase in fourth-quarter losses by pointing

Israeli container shipping line, ZIM, said Tuesday that it has reached an agreement with Samsung Heavy Industries of South Korea to cancel five newbuildings

A containership identified as the MV GUANG YANG XIN GANG capsized and sank off the eastern coast of China on Monday, killing as many as 13 crewmembers. The

FRANKFURT, March 19 (Reuters) – German shipping company Hapag-Lloyd posted higher losses for 2012 due to unexpectedly low cargo volumes as a result of

Kawasaki Kisen Kaisha Ltd, more commonly known as “K” Line, said Monday that it has placed an order for five eco-friendly Ultra Large Container

The burned out MSC Flaminia has left the Jade-Weser Port in Wilhelmshaven, Germany and is sailing under its own power to a repair yard in Romania where it will

(Bloomberg) — A.P. Moeller-Maersk A/S, owner of the world’s largest container line, rose the most in 10 days in Copenhagen trading after freight

At 396-meters long and weighing in at a 250,000 tonnes, you’d think that having to do an emergency tow of the world’s largest containership would

COPENHAGEN, March 12 (Reuters) – The world’s biggest container shipping company Maersk Line and its rivals are expected to fail in an attempt on

(Bloomberg) — Maersk Line, the world’s biggest container shipping company, will stop plying through the Panama Canal to move goods from Asia to the

FRANKFURT, March 8 (Reuters) – Hapag-Lloyd co-owner Klaus-Michael Kuehne wants the container shipping group’s prospective merger partner

(Bloomberg) — Europe-to-Asia freight rates will defy a decline in the other direction this year as exports heading east grow faster than imports, helping

Maersk Line’s CEO Soren Skou kicks off TPM 2013 with the keynote speech. Watch it

By Kyunghee Park March 6 (Bloomberg) — A.P. Moeller-Maersk A/S, owner of the world’s biggest container-shipping company, plans to add more vessels

A federal judge in Washington, D.C. this week sentenced the Singapore-based container shipping company, Pacific International Lines (PIL), to pay $2.2 million

The disabled Emma Maersk has been successfully delivered to a Fincantieri yard in Palermo, Sicily, where she will undergo repairs to fix a broken stern

By Ritsuko Ando and Stine Jacobsen COPENHAGEN, Feb 22 (Reuters) – A.P. Moeller-Maersk beat annual profit forecasts and predicted its container shipping

Athens-based shipowner Diana Containerships reported their Q4 earnings today along with news of their acquisition of the M/V Hanjin Malta, a 4,024 TEU Panamax

CMA CGM SA’s bonds rallied seven times faster than peers in the past week after the third-biggest container line won support from banks to loosen debt

With initial repairs complete, the giant container ship Emma Maersk is now under tow from Port Said.  She is on her way to a European port where the ship