Consigning ‘Teenagers’ to the Scrap Yards May Help Solve Chronic Boxship Overcapacity
By Mike Wackett (The Loadstar) – According to shipbroker Braemar ACM, as at the beginning of this week six container vessels, equating to 14,000 teu, had
gCaptain’s full coverage of the global container shipping industry.
By Mike Wackett (The Loadstar) – According to shipbroker Braemar ACM, as at the beginning of this week six container vessels, equating to 14,000 teu, had
By Mike Wackett (The Loadstar) – The seemingly never-ending quest by ocean carriers to operate bigger ships was a significant spur for orders for 60
(Drewry) – Further widening of the supply-demand imbalance at the trade route level and insufficient measures to reduce ship capacity will lead to an
By Jonathan Saul LONDON, Jan 7 (Reuters) – The world’s second biggest container shipping line, MSC, has become the latest firm to resume direct
ABU DHABI, Jan 6 (Reuters) – Container volumes rose by 32 percent at Abu Dhabi’s Khalifa Port in 2015 buoyed by industrial and infrastructure
On December 21, 2015, Mediterranean Shipping Company’s Ultra-Large Containership (ULCS) MSC Maya called at APM Terminals Gothenburg, becoming
Delivered in October, the Atlantic Star is the first of five new ‘G4’ ro-ro/containerships (ConRo) for Atlantic Container Line (ACL)
“It was the best of times, it was the worst of times…” This seems to aptly sum up the two halves of 2015 for container lines, which began the year with
By Jonathan Saul LONDON, Dec 23 (Reuters) – Peel Ports, one of Britain’s largest port operators, expects to withstand the container shipping slump
(Ship and Bunker) — Alongside news that the CMA CGM S.A. (CMA CGM) 18,000 TEU Benjamin Franklin will become the largest containership to call at any U.S.
United Arab Shipping Company says its M.V. Al Muraykh, one of the world’s greenest containerships, has loaded a world record 18,601 TEUs. UASC says the
COPENHAGEN, Dec 4 (Reuters) – Shipping freight rates for transporting containers from ports in Asia to Northern Europe dropped 50.4 percent to $275 per
By Mike Wackett (TheLoadStar) Since the launch of its vessel upgrade programme in 2011, with the conversion of 17 of its S Class 8,200 teu ships to 9,600
By San Whelan & Gavin van Marle (TheLoadstar) LONDON – The imminent enforcement of mandatory container weight verification is causing widespread
The world’s idle containership fleet swelled to 238 vessels and topped 900,000 TEU in November as owners rapidly lay up containerships as the
PARIS, Nov 20 (Reuters) – France’s CMA CGM, the world’s third-largest container shipping firm, said freight rates should recover next year
COPENHAGEN, Nov 20 (Reuters) – Shipping freight rates for transporting containers from ports in Asia to Northern Europe plunged by 27.9 percent to $295
By Kyunghee Park (Bloomberg) — Hanjin Shipping Co., South Korea’s biggest shipping company, dropped to its lowest level on record after Korea Ratings
FRANKFURT, Nov 11 (Reuters) – Newly-listed German container shipping group Hapag Lloyd said on Wednesday it broke even in the third quarter as it
By Christian Wienberg (Bloomberg) — The world’s economy is growing at a slower pace than the International Monetary Fund and other large
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