Japan’s Top Shipping Lines Trim Loss Estimates
TOKYO, Jan 31 (Reuters) – Japan’s top three shippers, Nippon Yusen KK (NYK), Mitsui OSK and Kawasaki Kisen Kaisha pared their full-year loss
gCaptain’s full coverage of the global container shipping industry.
TOKYO, Jan 31 (Reuters) – Japan’s top three shippers, Nippon Yusen KK (NYK), Mitsui OSK and Kawasaki Kisen Kaisha pared their full-year loss
SHANGHAI, Jan 20 (Reuters) – Hong Kong-listed shipper Orient Overseas International Ltd said on Friday it had not received any bids for its subsidiary
By Mike Wackett (The Loadstar) – Following the bankruptcy of Hanjin, Taiwan’s Yang Ming is now the container line in the greatest financial danger,
Today marks ten years since the UK-flagged MSC Napoli ran into trouble in the English Channel, setting off what is probably the largest maritime salvage
By Alex Lennane (The Loadstar) – 2017 will be the year that China-Europe rail services shift supply chain patterns. As the first train from China rolled
By Nicholas Brautlecht and Hannah Benjamin (Bloomberg) — Hapag-Lloyd AG boosted the volume of its first bond sale since 2014 by 100 million euros ($94
By Gavin van Marle (The Loadstar) – CMA CGM and China Cosco are the two most likely carriers to buy OOCL, should its main shareholders decide to sell the
Another 7-year-old panamax containership is headed to the breakers, all but solidifying the death of the panamax-class amid global shipping’s
By Mike Wackett (The Loadstar) – Containerships sailing from Asia to North Europe are running “full to the gunnels” ahead of the Chinese New Year
By Kyunghee Park (Bloomberg) — Swim or sink: That’s the message shipping executives in Asia are taking into the new year. Faced with a prolonged trade
South Korean shipping company Hyundai Merchant Marine has signed an agreement with smaller Asia-only carriers Heung-A Shipping and Sinokor Merchant Marine to
By Mike Wackett (The Loadstar) – The next industry casualty of the Hanjin collapse may not be a carrier, but a major non-operating containership owner.
The U.S. Federal Maritime Commission (FMC) has completed its review of the proposed vessel-sharing alliance “THE Alliance”, allowing the grouping
By Jacob Gronholt-Pedersen and Joyce Lee COPENHAGEN/SEOUL, Dec 9 (Reuters) – Doubts about the future of Hyundai Merchant Marine Co Ltd surfaced on Friday
An interesting New York Times video on the story of Malcolm McLean, the former truck driver who invented the shipping container
Hapag-Lloyd on Wednesday held a naming ceremony for the Valparaíso Express, the first of five new 10,500 TEU class post-panamax containerships to enter
By Mike Wackett (The Loadstar) – Three months after the collapse of Hanjin Shipping, hundreds of shippers have still not received their cargo, even
By David Fickling (Bloomberg Gadfly) — While the global container industry has embarked on a spree of pairings and menages-a-trois over the past 12
By Mike Wackett (The Loadstar) – Shipping circles in Hamburg are abuzz with speculation that the Oetker family will announce this week that it intends to
By Mike Wackett (TheLoadstar) The Asia-Mediterranean trade is still “over-tonnaged”, with headhaul ship utilisation below other major east–west markets,
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