Container Shipping

Container shipping rates and congestion reports – carrier alliance moves, blank sailings, schedule reliability, and TEU volumes on major trade lanes.

Monday, August 4, 2014
panama canal expansion
Shipping News

Panama and Building Consortium Reach Deal to Complete Expanded Panama Canal

The Panama Canal Authority and the consortium hired to build the third set of locks for the Panama Canal have finalized a deal for the completion of the

August 4, 2014
Total Views: 72

matz maersk
News

Matz Maersk Makes First European Calls

Matz Maersk, the ninth 18,270 TEU containership built for the A.P. Moller – Maersk Group made its maiden voyage port call to Bremerhaven on 27 July and

August 4, 2014
Total Views: 108

Tuesday, July 29, 2014
cma cgm centaurus tow
Finance

CMA CGM Continues to Underpin Global Ship Lease Performance

By Mike Wackett, UK-based containership owner Global Ship Lease (GSL) has revealed it has contracted revenue of $900m in long-term charters on 15 of its fleet

July 29, 2014
Total Views: 62

Friday, July 25, 2014
Hamburg Süd to Acquire CCNI in $160 Million Deal
Shipping News

Hamburg Süd to Acquire CCNI in $160 Million Deal

German container shipper Hamburg Süd announced today it has reached an agreement with Compañía Chilena de Navegación Interoceánica S.A. (CCNI) to acquire

July 25, 2014
Total Views: 74

Wednesday, July 23, 2014
First Gates Delivered to Expanded Panama Canal Lock Complex – PHOTOS
Shipping News

First Gates Delivered to Expanded Panama Canal Lock Complex – PHOTOS

The first of new lock gates for the expanded Panama Canal have been transferred to the lock complex on the Atlantic side, marking another milestone in the $5

July 23, 2014
Total Views: 81

Tuesday, July 22, 2014
apm terminals portsmouth virginia
News

Maersk’s APM Terminals to Sell Container Terminal in Virginia

Port operator APM Terminals, a unit of Denmark's A.P. Moller-Maersk, said it would sell a big U.S. container terminal to infrastructure investor Alinda Capital

July 22, 2014
Total Views: 97

wan hai 512
News

Bandar Abbas Receives First Foreign Containership After Sanctions Lifted

The Iranian Ports and Maritime Organization reports that a containership owned by Thailand Taiwan-headquartered Wan Hai Lines has called on the port of Shahid

July 22, 2014
Total Views: 162

Monday, July 21, 2014
The MSC Flaminia containership on fire in the mid-Atlantic in 2012.
News

MSC Flaminia Returns to Service After Deadly Fire

After an explosion and subsequent fire broke out in 2012 on board the containership MSC Flaminia, one that killed three crew-members and heavily damaged the

July 21, 2014
Total Views: 515

Friday, July 18, 2014
Asia-Europe Container Freight Rates Fall
News

Asia-Europe Container Freight Rates Fall

Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell by 5.5 percent to $1,230 per 20-foot container (TEU) in the week

July 18, 2014
Total Views: 33

Thursday, July 17, 2014
Engine to Power World’s First Dual-Fuel Containership Delivered to Shipyard
Shipping News

Engine to Power World’s First Dual-Fuel Containership Delivered to Shipyard

The gas engine that will soon power the TOTE's new Marlin-class containerships have been delivered to General Dynamics’ NASSCO’s shipyard in San Diego, CA,

July 17, 2014
Total Views: 207

msc london
Shipping News

MSC and Maersk Boost Asia-Europe Capacity as More ULCVs are Launched

By Mike Wackett, With the usual aversion to publicity relating to its fleet, Mediterranean Shipping Company, the world’s second-biggest ocean carrier,

July 17, 2014
Total Views: 42

zim shipping logo
Finance

Zim Completes $3.4 Billion Restructuring

Israel's biggest shipping firm Zim said it completed a more than $3 billion debt restructuring that will allow the company to capitalise on the recovery in

July 17, 2014
Total Views: 245

Wednesday, July 16, 2014
oocl containership golden gate bridge sunset
News

Trans-Pacific Container Shipping Group Aims For Rise in Rates

Container shipping companies were urged to raise Asia-U.S. freight rates by at least $600 per 40-foot container (FEU) with effect from Aug. 1, their

July 16, 2014
Total Views: 31

Friday, July 11, 2014
csav traiguen
Incidents

CSAV Boxship Loses Containers in Typhoon [IMAGES]

The following images were sent to us from an anonymous source showing containers allegedly hanging off the side of the containership CSAV Traiguen as a result

July 11, 2014
Total Views: 57

Thursday, July 10, 2014
Maersk and MSC Attempt New Sharing Agreement
News

Maersk and MSC Attempt New Sharing Agreement

The world's top two container shippers, Maersk Line and MSC Mediterranean Shipping Co, have struck a fresh vessel-sharing agreement after a previous three-way

July 10, 2014
Total Views: 60

Monday, July 7, 2014
CMA CGM Containership Transformed Into Giant Work of Art – VIDEO
News

CMA CGM Containership Transformed Into Giant Work of Art – VIDEO

A CMA CGM containership has been transformed into a giant floating work of art thanks to the world-renowned artist known as JR. The art installation was part

July 7, 2014
Total Views: 103

Wednesday, July 2, 2014
michael behrendt
Finance

Incoming Hapag-Lloyd Chairman Confident for IPO at End-2015

German shipping company Hapag-Lloyd's designated Chairman Michael Behrendt said he was confident that market conditions would support plans for an initial

July 2, 2014
Total Views: 36

Tuesday, July 1, 2014
zim rio grande containership
News

Zim CEO Wants to Step Down

The chief executive of Zim, Israel's biggest shipping company, has indicated he wants to step down once its $3 billion restructuring plan has been implemented,

July 1, 2014
Total Views: 47

Sunday, June 29, 2014
How Many Shipping Containers Are Really Lost At Sea?
Interesting

How Many Shipping Containers Are Really Lost At Sea?

The World Shipping Council (WSC) has released an update to its 2011 survey and estimate of containers lost at sea.

June 29, 2014
Total Views: 4389

Friday, June 27, 2014
MOL Comfort’s Stern Sank One Year Ago Today – PHOTOS

MOL Comfort’s Stern Sank One Year Ago Today – PHOTOS

On June 27, 2013, the MOL Comfort’s stern section sank in the middle of the Indian Ocean with some 1,700 containers and 1,500 metric tons of fuel oil.

June 27, 2014
Total Views: 866