Container Shipping

Container shipping rates and congestion reports – carrier alliance moves, blank sailings, schedule reliability, and TEU volumes on major trade lanes.

Tuesday, July 17, 2012
Elly Maersk container ship
News

Greater Reliability Saves Money, Maersk Line Provides Top-Ranked Service [REPORT]

(Bloomberg) — The world’s container shipping lines boosted reliability in June in terms of the number of boxes delivered on time, according to a

July 17, 2012
Total Views: 53

MSC Flaminia Update: Blast Leaves Two Dead, Three Injured [UPDATED]

MSC Flaminia Update: Blast Leaves Two Dead, Three Injured [UPDATED]

Update (Tues. 7/24/12): Blaze Contained on MSC Flaminia Wednesday Update: Photos Reveal Damage to MSC Flaminia After Blast, Firefighting Efforts Underway

July 17, 2012
Total Views: 196

Sunday, July 15, 2012
msc flaminia fire
Incidents

MSC Box Carrier Catches Fire in Middle of North Atlantic

Update (Tues. 7/24/12): Blaze Contained on MSC Flaminia Update (Fri. 7/21/12): Salvors Board Burning MSC Flaminia Wednesday Update: Photos Reveal Damage to MSC

July 15, 2012
Total Views: 152

Friday, July 13, 2012
OOCL Vancouver qingdao overseas orient containership
News

Orient Overseas Sees Quarterly Boost in Revenue, Bottom Line Likely Still Black [REPORT]

HONG KONG–Container shipper Orient Overseas (International) Ltd.’s (0316.HK) second-quarter revenue rose 10.6% from a year earlier, the Hong

July 13, 2012
Total Views: 16

Monday, July 9, 2012
danaos containerships shipping
News

Danaos’ Fleet of Containerships Expands with Latest 13,100 TEU Monster, Hyundai Ambition

ATHENS – Greek containership owner, Danaos Corporation (NYSE: DAC), announced today that on June 29, 2012, it took delivery of its fifth and final 13,100

July 9, 2012
Total Views: 48

Thursday, July 5, 2012
oocl china
Finance

Box Ships Takes Delivery of OOCL China, Chartered Back to Original Owner

Global containership company, Box Ships Inc, (NYSE: TEU), announced today that it took delivery of its ninth vessel, the OOCL China, a 5,344 TEU

July 5, 2012
Total Views: 46

Tuesday, July 3, 2012
edith maersk
News

Greek Shipowner Goes All In, Places $1.2 Billion Containership Newbuild Order

In their Q1 report, Maersk Line reported a 9 percent decline in freight rates along with a 31 percent increase in bunker rates.  This added up to a billion

July 3, 2012
Total Views: 69

Monday, July 2, 2012
Hawaiian Jones Act Carrier Matson Cut Loose on NYSE

Hawaiian Jones Act Carrier Matson Cut Loose on NYSE

West Coast jones act carrier Matson on Monday began trading on the NYSE as its own independent company and brand after changing it’s name officially from

July 2, 2012
Total Views: 76

CMA CGM Sells Luxury Cruise Ship Arm

CMA CGM Sells Luxury Cruise Ship Arm

Container shipping giant CMA CGM announced plans Monday to sell it’s luxury cruise line La Compagnie du Ponant to a European private equity firm.

July 2, 2012
Total Views: 239

neptune orient lines building singapore
News

NOL Employees Left Scratching their Heads, Office Building to be Sold

SINGAPORE (Dow Jones) –Container shipper Neptune Orient Lines Ltd. (N03.SG) said Monday it plans to sell its headquarters building in Singapore to raise

July 2, 2012
Total Views: 145

Wednesday, June 27, 2012
Ville D'Aquarius cma cgm
Incidents

Can You Imagine Being Stuck Inside a Shipping Container for 20 Days? [UPDATE]

**UPDATE** The latest word is that after exhaustive searching and x-rays of the containers on board, no stowaways were found by port authorities today in

June 27, 2012
Total Views: 142

Tuesday, June 26, 2012
TEU containership Alianca Santos hamburg sud
News

Hamburg Süd Looks to Cut Emissions by 26%…Uh, Good Luck with That

“Industry experts estimate that the liner operators overall had to accept a loss of some 5-6 billion US dollars in 2011 after profits of around 14

June 26, 2012
Total Views: 27

Global Containership Fleet Hits 16 Million TEU Mark

Global Containership Fleet Hits 16 Million TEU Mark

The International Maritime Oranization yesterday asked us to celebrate the Day of The Seafarer by honoring the theme, “it came by sea, I can’t live

June 26, 2012
Total Views: 98

oocl hong kong
Press Releases

Box Ships Takes Delivery of the OOCL Hong Kong

International container shipping company, Box Ships Inc., (NYSE: TEU), announced today it has taken delivery of its eighth vessel, the OOCL Hong Kong, a

June 26, 2012
Total Views: 105

Saturday, June 16, 2012
IMB Survey Notes Container Security Challenges

IMB Survey Notes Container Security Challenges

The results of a recent survey conducted by the ICC International Maritime Bureau (IMB) in conjunction with an international trade association have served to

June 16, 2012
Total Views: 44

Friday, June 15, 2012
Rena Salvage Shifts Gears
Lifesaving Incidents

Rena Salvage Shifts Gears

Maritime New Zealand said Friday that the container recovery stage in the salvage of the M/V Rena has been completed and the operation will now move towards

June 15, 2012
Total Views: 33

Friday, May 25, 2012
Rena Officers Jailed
Lifesaving Incidents

Rena Officers Jailed

The Master and Second Officer of the stricken M/V Rena that has been stuck on Astrolabe Reef since grounding on October 5 have each been sentenced to seven

May 25, 2012
Total Views: 126

Thursday, May 24, 2012
MSC Box Ship Cleared Following Explosion Near Puerto Rico
USCG

MSC Box Ship Cleared Following Explosion Near Puerto Rico

The MSC containership idled since suffering an onboard explosion eleven days ago off the coast of Puerto Rico has been cleared to move on, the U.S. Coast Guard

May 24, 2012
Total Views: 58

Friday, May 18, 2012
baltic container terminal stena spirit
Collision

Stena Ferry Knocks over Container Loading Crane in Gdynia, Serious Injuries Reported

Three port employees have been injured following an accident in the Port of Gdynia, following a collision between the Swedish ferry, Stena Spirit, and an arm

May 18, 2012
Total Views: 341

Thursday, May 17, 2012
oocl orient overseas container line
News

Orient Overseas Container Line Fights their Way Back to Black

HONG KONG -(Dow Jones)- Orient Overseas (International) Ltd. (0316.HK) plans to raise rates again for container shipments for the north-Europe-to-Asia route

May 17, 2012
Total Views: 49