Container Shipping

(Bloomberg) — Hyundai Heavy Industries Co. failed for eight years to win ship orders from China. That ended when it pledged to build the world’s

The U.S.-flagged arm of Denmark-based Maersk Line says it is spending $500 million on the purchase and reflagging of eight newer and larger

CSCL orders five 18,400 teu containerships from

Maersk Line announced today they have hired Stephen Richard Schueler to replace Lucas Vos as Chief Commercial Officer, effective 27 May. Stephen is American,

In a stock exchange announcement over the weekend, China Shipping Container Lines has expressed their intentions to build five, 18,000 TEU containerships. The

Bruised investors could learn a thing or

The 23,416 dwt container ship “HANSA MARBURG” was attacked by criminal gangs about 130 nautical miles southwest of the Port of

Deal marks Navios' entry into the container ship

At the outset, this might appear as a setback for the fledgling company. But on a cash-flow basis, the company has fared much better or, to be exact, less

(Bloomberg) — Japanese shipping lines, buffeted by a decline in freight rates, are set to get a more than $500 million boost to their earnings from a

KIEL, Germany, April 8 (Reuters) – The city of Hamburg wants shippers Hapag-Lloyd and Hamburg Süd to resume merger talks so that they stand a better

SANTIAGO, April 4 (Reuters) – Chilean shipper Compania Sud Americana de Vapores said it would spend $570 million to purchase seven container ships and

Talks of a merger between Germany’s largest container shipping companies have been suspended because terms of a deal could not be reached. Oetker Group,

By Joe Bavier ABIDJAN, March 23 (Reuters) – Ivory Coast has named a consortium of French industrial groups Bollore and Bouygues and Denmark’s

(Bloomberg) — A.P. Moeller-Maersk A/S, the world’s largest container line, fell the most in four days in Copenhagen as freight rates out of China

This timelapse, produced by Discovery Channel and Maersk Line, shows the construction of Maersk Line’s first Triple-E containership at the DSME

By Ari Rabinovitch JERUSALEM, March 21 (Reuters) – Israeli shipping company Zim shrugged off a 58 percent increase in fourth-quarter losses by pointing

Israeli container shipping line, ZIM, said Tuesday that it has reached an agreement with Samsung Heavy Industries of South Korea to cancel five newbuildings

A containership identified as the MV GUANG YANG XIN GANG capsized and sank off the eastern coast of China on Monday, killing as many as 13 crewmembers. The

FRANKFURT, March 19 (Reuters) – German shipping company Hapag-Lloyd posted higher losses for 2012 due to unexpectedly low cargo volumes as a result of