Container Shipping

gCaptain’s full coverage of the global container shipping industry.


Friday, October 7, 2016
nyk line
News

Japan’s NYK Line Warns of $1.9 Billion Hit on Shipping Slump

By Naomi Tajitsu and Keith Wallis TOKYO/SINGAPORE, Oct 7 (Reuters) – Nippon Yusen, Japan’s biggest shipper by sales, warned it would book a $1.9

October 7, 2016
Total Views: 72

Wednesday, October 5, 2016
Israeli Shipping Firm Zim to Defer $115 Million in Payments
News

Israeli Shipping Firm Zim to Defer $115 Million in Payments

JERUSALEM, Oct 5 (Reuters) – Israeli shipping company Zim, which has been hit hard by the weak global shipping market, said on Wednesday it had agreed to

October 5, 2016
Total Views: 65

Tuesday, October 4, 2016
Hanjin Lost in ‘Game of Chicken’, Chairman Says
News

Hanjin Lost in ‘Game of Chicken’, Chairman Says

By Joyce Lee SEOUL, Oct 4 (Reuters) – The collapsed Hanjin Shipping Co Ltd could not compete against global rivals that were supported by their

October 4, 2016
Total Views: 42

Monday, October 3, 2016
ZIM Shipping Says ‘We Can Hope’ as Losses Mount
News

ZIM Shipping Says ‘We Can Hope’ as Losses Mount

By Mike Wackett (The Loadstar) – Zim Integrated Shipping Services recorded a $74m net loss in the second quarter of the year. This compares with a $23m

October 3, 2016
Total Views: 41

Thursday, September 29, 2016
China’s Naval Buildup Threatens Its Own Port Ambitions
Shipping News

China’s Naval Buildup Threatens Its Own Port Ambitions

By David Fickling (Bloomberg Gadfly) — A strange thing is happening in China’s state-owned marine transport industry. The government shook up its

September 29, 2016
Total Views: 88

Wednesday, September 28, 2016
Hanjin Collapse May Help Fuel Tech Start-Ups
News

Hanjin Collapse May Help Fuel Tech Start-Ups

By Jeremy Wagstaff SINGAPORE, Sept 29 (Reuters) – The global shipping industry, ravaged by collapsing revenues, defensive mergers and the failure of

September 28, 2016
Total Views: 70

South Africa Raids Global Shipping Lines in Collusion Probe
Shipping News

South Africa Raids Global Shipping Lines in Collusion Probe

By Liezel Hill (Bloomberg) — South Africa’s Competition Commission searched the premises of six shipping companies including AP Moeller-Maersk A/S as

September 28, 2016
Total Views: 99

Monday, September 26, 2016
Aboard Majestic Maersk, Megaship Dreams Obscure Cloudy Future for Shipping
News

Aboard Majestic Maersk, Megaship Dreams Obscure Cloudy Future for Shipping

By Brenda Goh SHANGHAI, Sept 26 (Reuters) – For Captain Dick S. Danielsen, the childhood dream has been to sail the world’s biggest ships. The

September 26, 2016
Total Views: 100

Friday, September 23, 2016
Hanjin Shipping and its Customers Are Accusing Freight Servicers of Price Gouging
Shipping News

Hanjin Shipping and its Customers Are Accusing Freight Servicers of Price Gouging

By Tiffany Kary (Bloomberg) — Hanjin Shipping Co. and its customers are being asked to pay more than usual to bring freight into U.S. ports,

September 23, 2016
Total Views: 90

Thursday, September 22, 2016
Eugen Maersk ship
Interesting

Maersk Group Announces Split

By Jacob Gronholt-Pedersen COPENHAGEN, Sept 22 (Reuters) – The world’s biggest shipping firm, A.P. Moller-Maersk, set a new course on Thursday that

September 22, 2016
Total Views: 157

Wednesday, September 21, 2016
Hanjin Philadelphia at the Port of Oakland
News

Cargo Unloading Delays Could Make Hanjin Revival ‘Impossible’, Court Says

By Kyunghee Park (Bloomberg) — The South Korean court overseeing the receivership application of Hanjin Shipping Co. said the stranded vessels of

September 21, 2016
Total Views: 41

Hanjin Gets $54 Million Loan to Unload Stranded Cargo
News

Hanjin Gets $54 Million Loan to Unload Stranded Cargo

By Joyce Lee SEOUL, Sept 21 (Reuters) – The largest shareholder of Hanjin Shipping Ltd agreed on Wednesday to lend 60 billion won ($53.96 million) to

September 21, 2016
Total Views: 95

Tuesday, September 20, 2016
CMA CGM Eying Consolidation Opportunities in Wake of Hanjin Collapse
News

CMA CGM Eying Consolidation Opportunities in Wake of Hanjin Collapse

ABIDJAN, Sept 20 (Reuters) – CMA CGM will look at opportunities in container shipping triggered by the collapse of South Korea’s Hanjin Shipping,

September 20, 2016
Total Views: 43

Monday, September 19, 2016
Hanjin Collapse Has Turned Container Shipping ‘On Its Head’
News

Hanjin Collapse Has Turned Container Shipping ‘On Its Head’

By Mike Wackett (The Loadstar) – The container market has been “turned on its head” by the collapse of Hanjin Shipping, according to Oslo-based ocean

September 19, 2016
Total Views: 78

Thursday, September 15, 2016
containership
Shipping News

German Banks Count Cost of Global Shipping Crisis

By Jonathan Saul and Andreas Kröner LONDON/FRANKFURT, Sept 15 (Reuters) – German banks are struggling to recoup tens of billions of dollars of loans as

September 15, 2016
Total Views: 76

Wednesday, September 14, 2016
Megaships May Be Too Big Not to Fail -View
Shipping News

Megaships May Be Too Big Not to Fail -View

By Justin Fox (Bloomberg View) — It was always going to be tough for the world’s container shipping lines — accustomed to decade after decade

September 14, 2016
Total Views: 57

Three Ships Chartered to Troubled Hanjin Sold as More Sit on the Chopping Block
News

Three Ships Chartered to Troubled Hanjin Sold as More Sit on the Chopping Block

By Brenda Goh and Keith Wallis SHANGHAI/SINGAPORE, Sept 14 (Reuters) – Three ships chartered to Hanjin Shipping Co Ltd have been sold and two more

September 14, 2016
Total Views: 47

Tuesday, September 13, 2016
Is Hanjin Collapse a ‘Lehman’ Moment for Shipping?
News

Is Hanjin Collapse a ‘Lehman’ Moment for Shipping?

By Rishaad Salamat and Kyunghee Park (Bloomberg) — The fall of South Korea’s biggest container line Hanjin Shipping Co. is similar to the 2008

September 13, 2016
Total Views: 142

South Korea Says Tough Luck to Hanjin as Shipping Line Sinks
News

South Korea Says Tough Luck to Hanjin as Shipping Line Sinks

By Christine Kim and Cynthia Kim SEOUL, Sept 13 (Reuters) – The South Korean government, long a bastion of support for the country’s big

September 13, 2016
Total Views: 137

Monday, September 12, 2016
hanjin ship
News

Hanjin’s Fall Will Not Fix the Global Shipping Industry’s Ills

By Nick Carey CHICAGO, Sept 12 (Reuters) – Following the collapse of Hanjin Shipping Co Ltd, container shipping rates from Asia to the United States

September 12, 2016
Total Views: 87