Container Shipping

A.P. Moeller-Maersk A/S’s container- shipping line, the world’s largest, reported a tripling in 2013 profit after spending reductions countered a decline

Feb. 27 (Bloomberg) — A.P. Møller-Maersk A/S’s container- shipping line, the world’s largest, said fourth-quarter profit fell 6.6 percent as

After the worst single incident involving a loss of containers from a Maersk Line vessel last week, one of those containers found itself washed up on a UK

The U.K. Maritime and Coast Guard Agency is warning mariners to keep a close watch for shipping containers floating in the English Channel after hundreds of

In the worst-kept secret in container shipping, the CKYH alliance of Cosco, K Line, Yang Ming and Hanjin Shipping is to team up with Taiwan’s Evergreen Line

Singapore-based container shipper Neptune Orient Lines (NOL Group) reported negative net profits for their third consecutive year today with losses of US$76

The containership Svendborg Maersk faced particularly nasty weather last week as she sailed through the Bay of Biscay on her way to Colombo, Sri Lanka

A joint venture between Hamburg-based Rickmers Group and the private equity firm Apollo has purchased six used vessels from container shipper Hamburg Süd for

The captain of the 8,700 teu containership Maersk Laberinto is likely feeling a bit humble today after a gust of wind allegedly caused his ship to lose

In honor Valentine's Day today, Maersk Group has shared with us the heartwarming but little-known story behind the Maersk

Food importers in Asia are switching from dry bulk cargo ships to container vessels, which normally carry goods such as toys and TVs, as they offer a way to

Chilean shipping firm Compania Sud Americana de Vapores said on Thursday it is planning two capital increases for a total of up to $600 million to get the

By Mike Wackett, Greek containership owner Danaos Corporation has revealed more details of its agreement with restructured ocean carrier Zim, which saw the

Check out this infographic from A.P. Moller – Maersk Group about their record breaking Triple-E

Japan’s MOL has begun legal action against the shipbuilder of the ill-fated 8,100 teu MOL Comfort, which sank in July last

Hamburger Hafen & Logistik AG, which handles about three of four containers at Hamburg’s port, saw rising volume last year as feeder traffic to the Baltic

The diverse business models of Japanese shipping giants NYK, MOL and K Line pulled them through to profitability at the nine-month stage, ending December 31

The smile on Mr. Y.J.Ji of Hyundai Heavy Industries (HHI) pretty much says it all.  His company just signed a newbuild order today with United Arab Shipping

Container shipping lines have agreed to raise Asia-U.S. freight rates in two stages, by $300 per 40-foot container (FEU) from March 15 and then by an unknown

COSCO Holdings announced today the placing of a newbuild order with Shanghai Jiangnan Changxing Shipbuilding Co. Ltd, for five, 9,400 TEU containerships. The