container shipping

Friday, August 31, 2012
evergreen shipping container

Evergreen Marine Reports First Profit in a Year as Sales Rise

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

August 31, 2012
Total Views: 14

Thursday, August 30, 2012
shutterstock money vortex black hole decline finance

China COSCO CEO Cheerless After Posting First-Half Net Loss of $766.9 Million

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

August 30, 2012
Total Views: 22

Wednesday, August 29, 2012
cscl venus

Losses Widen at China Shipping

SHANGHAI–China Shipping Container Lines Co. (2866.HK), the country’s largest container shipper by capacity, said Wednesday its net loss for the

August 29, 2012
Total Views: 7

Tuesday, August 28, 2012
conti seattle

Goldenport Acquires 2,100 TEU Containership, Conti Seattle

International cargo shipper Goldenport Holdings Inc. (LSE: GPRT) announced today that it has agreed to acquire the sub-Panamax, 2,100 TEU container vessel

August 28, 2012
Total Views: 12

Monday, August 27, 2012
hansa berlin

Isaac Claims Containership in Cuban Waters [UPDATE]

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

August 27, 2012
Total Views: 7


Costamare Purchases Containership, Announces New Charter Agreements with Evergreen

Athens-based containership owner/operator, Costamare Inc. (NYSE: CMRE) announced today that it has purchased the 15 year-old, 2,458 TEU container vessel

August 27, 2012
Total Views: 8

Friday, August 24, 2012
super post-panamax crane seattle

Port of Seattle Now Fully-Equipped with Super-Post Panamax Cranes [IMAGE]

The final three of six new ZPMC super-post Panamax cranes arrived at the Port of Seattle in late July aboard the heavy lift semi-submersible, Zhen Hua 23,

August 24, 2012
Total Views: 23

intermarine industrial freedom

“Technically Bankrupt”…Heavy Shipping Poised for Takeovers as Financing Fades

Shipping lines that carry generators and giant trucks for General Electric Co. and BHP Billiton Ltd. are becoming takeover targets amid a lack of funding for

August 24, 2012
Total Views: 64

Wednesday, August 22, 2012

Container Lines Are Losing the Price Battle on Multiple Fronts

The world’s container lines can’t raise freight rates fast enough to cover soaring fuel prices as persistent overcapacity works against the

August 22, 2012
Total Views: 19

Tuesday, August 21, 2012

MSC Flaminia Heading Home

More than a month since erupting in flames and smoke while 1,000 miles from land in the Atlantic ocean, the MSC Flaminia has been granted access to a

August 21, 2012
Total Views: 10

Monday, August 20, 2012

Incident Photos of The Week – Walking on Water in Greenland

The M/V Vega Sagittarius sits high above the water after running aground last week near Nuuk, Greenland. The 11,811 dwt vessel, which is chartered by Royal

August 20, 2012
Total Views: 85

Friday, August 17, 2012

Hapag-Lloyd Names New 13,200 TEU Flagship

Hapag-Lloyd on Friday held a naming ceremony for what is now officially the “Hamburg Express”, the first of ten new 13,200 TEU vessels and

August 17, 2012
Total Views: 37

Thursday, August 16, 2012
hapag lloyd berlin express

Soaring Bunker Prices Steer Hapag-Lloyd to Second Quarter Loss

(Bloomberg) — Hapag-Lloyd AG, Europe’s fourth- largest container-shipping line, reported a second-quarter loss after soaring fuel costs offset

August 16, 2012
Total Views: 3

Wednesday, August 15, 2012
HHLA port of hamburg container terminal shipping

As Europe’s Debt Crisis Expands into China, Hamburg Starts Feeling the Impact

(Bloomberg) — Growth in Hamburg is stalling as Europe’s fiscal crisis spreads into China and other Asian countries, threatening the recovery of

August 15, 2012
Total Views: 64

Tuesday, August 14, 2012
CMA CGM Christophe Columb super post panamax apm terminals zeebrugge container port

German Dominance within Global Shipping May Be Coming to an End

Controlling rougly 40 percent of the global container trade, the Germans are a superpower in the world of shipping, however that may be coming to an abrupt

August 14, 2012
Total Views: 6

Monday, August 13, 2012

Progress Made on MSC Flaminia But Port Access Still Not Granted

Firefighting crews have continued to make progress on the burned out MSC Flaminia while salvage experts have been successful in reducing the listing of the

August 13, 2012
Total Views: 2

Thursday, August 9, 2012
maersk triple-e
Engineering News

Due in 2013, Maersk’s New 18k TEU Containerships will be the “Prius of the Seas”

(Bloomberg) — A.P. Maersk-Moeller A/S’s planned fleet of the world’s largest container vessels will be as groundbreaking for their shape as

August 9, 2012
Total Views: 199

Wednesday, August 8, 2012

NOL Receives Six 10,000 TEU Containerships, Posts First Quarterly Profit Since 2010

(Bloomberg) — Neptune Orient Lines Ltd. said its container-shipping arm, Asia’s third-biggest, had the first quarterly profit since 2010 because of

August 8, 2012
Total Views: 10

Friday, August 3, 2012
crowley containership

Crowley Liner Services Offers Statement in Collusion Scandal

An agreement was filed yesterday in U.S. District Court in San Juan, Puerto Rico, in which Crowley Liner Services, Inc. (CLSI) agreed to plead guilty to

August 3, 2012
Total Views: 19

Thursday, August 2, 2012

Crowley to Pay $17 Million For Role In Price Fixing Conspiracy

Crowley Liner Services (CLSI) on Monday was slapped with a $17 million fine after pleading guilty to felony price fixing charges relating to its freight

August 2, 2012
Total Views: 77