COSCO May Look to Diversify Revenue Streams as Shipping Arm Bleeds Cash
(Bloomberg) — China’s two biggest shipowners said a market slump may continue for at least two more years as more vessels enter service and the
(Bloomberg) — China’s two biggest shipowners said a market slump may continue for at least two more years as more vessels enter service and the
(Bloomberg) — Mediterranean Shipping Co., the world’s second-biggest container line, has deployed the largest vessel on a U.S. route in response to
– by Bruce Vail As anxiety over the possibility of a major U.S. dock strike rises, shipping unions here and abroad are responding with a show of
Hamburg-based owner/managers Leonhardt & Blumberg report that they have appointed local salvage company Antillana De Salvamento for the salvaging of
– By Captain Rich Madden Last year in a Persian Gulf port, we finished loading for a southbound transit to East Africa on a small container ship.
The fire on board the containership MV Amsterdam Bridge that broke out earlier this week has been extinguished, the vessels owner said in a statement today.
Editor’s Note: A collaboration involving APL, Hyundai Heavy Industries and DNV has resulted in an innovative new hull design expected to make APL’s
UDPATE: Here is video of the MV Amsterdam Bridge on fire off the coast of India near Mumbai. Reports indicate that the fire has been contained. Original: The
The MSC Flaminia and accompanying vessels arrived safely at a port in Wilhelmshaven, Germany where it will finally undergo salvage operations nearly two months
Nearly a year after the MV Rena ran aground on Astrolabe Reef off New Zealand, the vessel is still not done breaking up. Maritime New Zealand says that high
(Bloomberg) — The shipping lanes of the Pacific and Indian Oceans show the diverging fortunes of U.S. and European consumers ahead of the busiest
The Master and Second Officer of the stricken M/V Rena have been released from prison after serving only half of their seven-month sentence. A Department of
It’s about time we have some photo evidence of the grounded Hansa Berlin in Cuba. gCaptain broke the news that the Hansa Berlin containership quietly
The damaged MSC FLAMINIA has started its trek back to German waters where the ship will eventually undergo salvage operations, the vessel’s management
Global container shipper APL, a unit of Neptune Orient Lines Ltd. (N03.SG), said Monday it and other partners will suspend some services between East Asia and
Evergreen Marine Corp., operator of Asia’s No. 2 container-shipping line, had its first quarterly profit in a year as sales increased on higher freight
HONG KONG–The head of shipping giant China Cosco Holdings Co. (601919.SH) on Thursday cast a downbeat light on the shipping industry, saying the current
SHANGHAI–China Shipping Container Lines Co. (2866.HK), the country’s largest container shipper by capacity, said Wednesday its net loss for the
International cargo shipper Goldenport Holdings Inc. (LSE: GPRT) announced today that it has agreed to acquire the sub-Panamax, 2,100 TEU container vessel
Mariners in the Gulf of Mexico region reported to us yesterday of a continual alert being received over distress frequencies off Cuba, one that we have been
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