Container Shipping

UPDATE (10 JUL): MOL Comfort Fore Section has Sunk In a chat with the Indian Coast Guard this morning, they note that the the fire on board the fore section

SEOUL, July 9 (Reuters) – South Korea’s Daewoo Shipbuilding & Marine Engineering has won an order worth 481.2 billion Korean won ($417.61

With the first of Maersk’s Triple-E container ships, the Maersk McKinney Moller, due to be officially delivered to the line tomorrow by shipbuilder

Japanese classification society ClassNK issued a statement today on the ongoing investigation into what might have gone wrong with the ill-fated containership,

A.P. Moeller-Maersk A/S and its two main rivals may have their best chance yet to boost profit, say European shipping investors and banks. The key: joining

China International Marine Containers Group (2039:HK) announced today they have signed a USD $595.00 million newbuild contract with Dalian Shipbuilding (DSIC)

Fears that the UK is heading towards an era of sustained overcapacity in its major container ports may have been overcooked, according to a leading industry

Daewoo Shipbuilding & Marine Engineering chartered a helicopter to fly around their latest creation, the 18,000 TEU Mærsk McKinney-Møller, as she went

At four-hundred metres long, 59 metres wide and 73 metres high, the Triple-E series of containerships will be the world’s largest, and one of the most

European exporters targeting markets in China and elsewhere in Asia have been warned that the era of cheap container shipping freight rates on the backhaul

A.P. Moeller-Maersk A/S rose in Copenhagen trading on speculation that freight rate increases will succeed in restoring profits on the shipping

The development of a new type of 20ft container technology has taken a step further with the completion of a trial shipment of the so-called Tworty

A tug has commenced towing of the forward section of the MOL Comfort towards the Arabian Gulf.

Half of Germany's maritime shipping companies plan to enter alliances with peers or deepen existing pacts in the next few months to counter overcapacity and

How on earth does a 5 year old 90,000 ton containership, built by one of Japan’s finest shipyards and operated by a tip-top liner company, come to be

In an emailed statement this morning, Maersk Line confirms that one of their largest containerships, the 397 meter, 11,000 TEU Eugen Maersk caught fire on 18

The MRCC in Mumbai has just tweeted saying that the sections are still afloat and are being monitored.

“We can’t prejudge, and we’re not directly involved,”commented Tom Boardley, Marine Director at Lloyd’s Register and Chairman of

The world's three biggest container shipping companies, including Maersk Line, have agreed to share vessels in a bid to minimize losses caused by over capacity

The ratio of container TEU capacity on-order compared to the trading fleet dropped below 20% in June, reports Braemar Seascope. The broker advises that, as the