container shipping


Tuesday, July 31, 2012
hyundai tenacity containership
Finance

Danaos Stays in the Black While Market Uncertainty Holds the Containership Sector in Limbo

With an average contract duration of over 10 years, Greek containership owner, Danaos Corporation (NYSE: DAC) is largely protected from the fluctuations found

July 31, 2012
Total Views: 9

maersk line containership
News

MAERSK Line: “We Cannot Sustain Continual Losses”

MELBOURNE–A worldwide glut of containers and a fall in demand for shipped goods during the global financial crisis have pushed shipping prices to

July 31, 2012
Total Views: 48

Monday, July 30, 2012

Conditions Improve On Board MSC Flaminia

The burnt out MSC Flaminia, along with the small flotilla of firefighting tugs, have anchored off the British coast as crews work to extinguish any leftover

July 30, 2012
Total Views: 5

Thursday, July 26, 2012
evergreen containership l-type
News

Evergreen Launches 8,452-TEU Containership Built to Steam Slowly

Ever Lambent, the first L-type containership in the Evergreen Line fleet, was christened by Evergreen Group Chairman and founder Dr. Chang Yung-fa at the

July 26, 2012
Total Views: 28

Tuesday, July 24, 2012

Blaze Contained on MSC Flaminia

The fire onboard the MSC Flaminia that has been burning for over a week has been contained, according to salvage experts from SMIT Salvage.  The announcement

July 24, 2012
Total Views: 7

Friday, July 20, 2012

Salvors Board Burning MSC Flaminia

Update (Tues. 7/24/12): Blaze Contained on MSC Flaminia Update (Mon., 7/23/12): The third tug, Carlo Magno, reached the burning MSC Flaminia over the weekend.

July 20, 2012
Total Views: 27

Thursday, July 19, 2012
Interesting

Photos Reveal Damage to MSC Flaminia After Blast, Second Explosion Disrupts Firefighting [UPDATED]

Update (Tues. 7/24/12): Blaze Contained on MSC Flaminia Update (Fri. 7/21/12): Salvors Board Burning MSC Flaminia Update 1: Firefighting operations on MSC

July 19, 2012
Total Views: 84

Tuesday, July 17, 2012
maersk sealand

Costamare Mulling Ship Purchases as Competitors Struggle

(Bloomberg) — Costamare Inc., the Greek owner of 46 chartered container ships, is looking to acquire more vessels as asset values in the shipping

July 17, 2012
Total Views: 3

Elly Maersk container ship
News

Greater Reliability Saves Money, Maersk Line Provides Top-Ranked Service [REPORT]

(Bloomberg) — The world’s container shipping lines boosted reliability in June in terms of the number of boxes delivered on time, according to a

July 17, 2012
Total Views: 11

MSC Flaminia Update: Blast Leaves Two Dead, Three Injured [UPDATED]

Update (Tues. 7/24/12): Blaze Contained on MSC Flaminia Wednesday Update: Photos Reveal Damage to MSC Flaminia After Blast, Firefighting Efforts Underway

July 17, 2012
Total Views: 66

Sunday, July 15, 2012
msc flaminia fire
Fire Incidents

MSC Box Carrier Catches Fire in Middle of North Atlantic

Update (Tues. 7/24/12): Blaze Contained on MSC Flaminia Update (Fri. 7/21/12): Salvors Board Burning MSC Flaminia Wednesday Update: Photos Reveal Damage to MSC

July 15, 2012
Total Views: 50

Friday, July 13, 2012
OOCL Vancouver qingdao overseas orient containership
News

Orient Overseas Sees Quarterly Boost in Revenue, Bottom Line Likely Still Black [REPORT]

HONG KONG–Container shipper Orient Overseas (International) Ltd.’s (0316.HK) second-quarter revenue rose 10.6% from a year earlier, the Hong

July 13, 2012
Total Views: 1

Monday, July 9, 2012
danaos containerships shipping
News

Danaos’ Fleet of Containerships Expands with Latest 13,100 TEU Monster, Hyundai Ambition

ATHENS – Greek containership owner, Danaos Corporation (NYSE: DAC), announced today that on June 29, 2012, it took delivery of its fifth and final 13,100

July 9, 2012
Total Views: 11

Thursday, July 5, 2012
oocl china
Finance

Box Ships Takes Delivery of OOCL China, Chartered Back to Original Owner

Global containership company, Box Ships Inc, (NYSE: TEU), announced today that it took delivery of its ninth vessel, the OOCL China, a 5,344 TEU

July 5, 2012
Total Views: 14

Tuesday, July 3, 2012
edith maersk
News

Greek Shipowner Goes All In, Places $1.2 Billion Containership Newbuild Order

In their Q1 report, Maersk Line reported a 9 percent decline in freight rates along with a 31 percent increase in bunker rates.  This added up to a billion

July 3, 2012
Total Views: 6

Monday, July 2, 2012

Hawaiian Jones Act Carrier Matson Cut Loose on NYSE

West Coast jones act carrier Matson on Monday began trading on the NYSE as its own independent company and brand after changing it’s name officially from

July 2, 2012
Total Views: 3

CMA CGM Sells Luxury Cruise Ship Arm

Container shipping giant CMA CGM announced plans Monday to sell it’s luxury cruise line La Compagnie du Ponant to a European private equity firm.

July 2, 2012
Total Views: 107

neptune orient lines building singapore
News

NOL Employees Left Scratching their Heads, Office Building to be Sold

SINGAPORE (Dow Jones) –Container shipper Neptune Orient Lines Ltd. (N03.SG) said Monday it plans to sell its headquarters building in Singapore to raise

July 2, 2012
Total Views: 21

Wednesday, June 27, 2012
Ville D'Aquarius cma cgm
Incidents

Can You Imagine Being Stuck Inside a Shipping Container for 20 Days? [UPDATE]

**UPDATE** The latest word is that after exhaustive searching and x-rays of the containers on board, no stowaways were found by port authorities today in

June 27, 2012
Total Views: 45

Tuesday, June 26, 2012
TEU containership Alianca Santos hamburg sud
News

Hamburg Süd Looks to Cut Emissions by 26%…Uh, Good Luck with That

“Industry experts estimate that the liner operators overall had to accept a loss of some 5-6 billion US dollars in 2011 after profits of around 14

June 26, 2012
Total Views: 0