Containership owners may be next to be buffeted by ripples from the Hanjin collapse
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.
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,
By Mike Wackett (The Loadstar) – Hyundai Merchant Marine (HMM) may have to settle for a slot exchange agreement with 2M partners Maersk Line and
By Mike Wackett (The Loadstar) – CMA CGM reported a $268m net loss in the third quarter, despite efforts to focus on higher-paying cargo, bringing the
By Alexander Whiteman in Rotterdam (The Loadstar) – Repositioning empty containers costs the shipping industry $15-$20bn a year – up to 8% of a
PARIS, Nov 18 (Reuters) – CMA CGM, the world’s third-largest container shipping company, posted on Friday another net loss in the third quarter as
TAIPEI, Nov 16 (Reuters) – Taiwan’s government said on Wednesday it will offer to lend struggling local shippers NT$60 billion ($1.9 billion) at
FRANKFURT, Nov 14 (Reuters) – German container shipping group Hapag-Lloyd reported a rise in third-quarter net profit and said it would press ahead with
By David Fickling (Bloomberg Gadfly) — The past week in commodities markets has been like a trip through the looking glass. Gold generally benefits
By Mike Wackett (The Loadstar) – Maersk Line’s 11 second generation Triple-E class vessels, due to be delivered from April next year through to May
(BIMCO) – Containership demolition reach all time high and provides a positive surprise for the struggling container shipping industry. BIMCO have
By Mike Wackett (The Loadstar). – THE Alliance – Hapag-Lloyd, K Line, MOL, NYK and Yang Ming – have announced their pro-forma east-west tradelane
By Brenda Goh and Faith Hung SHANGHAI/TAIPEI, Nov 7 (Reuters) – Cargo owners are becoming more concerned about risks and are shifting their business to
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