Container Shipping

Japan Marine United has won an order from NYK Line today to build eight 14,000 TEU boxships at their Kure Shipyard.  According NYK, the ships are to be

By Gavin van Marle There is absolutely no sign that the overcapacity in container shipping is going to improve any time soon, according to a leading industry

A 631-foot containership apparently veered off course while sailing in Hong Kong’s East Lamma Channel Sunday and ran straight into a sea wall leaving

Following the signing of an MOU last month, the A.P. Moller – Maersk Group is formally looking to expand discussions with China Shipping (Group) on the

Here’s a great time-lapse video shot from onboard the Elly Maersk, sister ship to the Emma Maersk eight E-class container ships operated by Maersk Line.

By Nicholas Brautlecht April 1 (Bloomberg) — Hamburg Sued Group, Germany’s second biggest container shipping line, may revive merger plans with

Hong Kong-based Seaspan Corporation (NYSE:SSW) announced Monday it has exercised options for the construction of four additional 10,000 TEU

HONG KONG, March 27 (Reuters) – China COSCO Holdings returned to profit in 2013 thanks to investment gains from asset disposals during a global shipping

By Mike Wackett Germany’s Hapag-Lloyd’s financial performance in 2013 fell “well short” of expectations, with the ocean carrier reporting a €97.4m

Shareholders of Chilean shipper Compania SudAmericana de Vapores on Friday approved an agreement that combines its container-shipping operations with those of

By Ole Mikkelsen and Keith Wallis SINGAPORE, March 21 (Reuters) – Denmark’s Maersk Line, the world’s No.1 container shipping firm, said it

Seaspan Corporation (NYSE:SSW) announced Thursday that it accepted delivery of its first SAVER design containership, the 10,000 TEU Hanjin

After a challenging year for container shippers who continue to deal with the issue of too many ships and too few cargoes, the top names in the business have

It's been more than two years since the MV Rena's superstructure has seen the light of day since slipping below surface at New Zealand's Astrolabe Reef in

Ship Finance International Limited (NYSE: SFL) (“Ship Finance” or the “Company”) today announced the agreement to acquire two 5,800 teu

By Mike Wackett Hong Kong-based OOIL saw its net profit slashed by 84% in 2013, compared with the previous year, to $47m as the influx of ultra-large

United Arab Shipping Company (UASC) announced over the weekend the exercising of their final option for a sixth 18,000 TEU containership from Hyundai Heavy

How Many Triple-E's Can Fit Into One

March 3 (Bloomberg) — A.P. Moeller-Maersk A/S, Denmark’s biggest company, is using a slump in emerging markets as an opportunity to invest, Chief

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