Container Shipping

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

Tuesday, June 17, 2014
Video: Inbound Containership in Port Elizabeth
Blog

Video: Inbound Containership in Port Elizabeth

Latest video from the elusive "Meow Man" shows the MV Ever Develop inbound for Port Elizabeth, New

June 17, 2014
Total Views: 35

Hamburg-Sued Seeks Options After Merger Talks Fail
Shipping News

Hamburg-Sued Seeks Options After Merger Talks Fail

Germany's second biggest container shipper Hamburg-Sued is seeking options for the business after merger talks with bigger rival Hapag-Lloyd failed last

June 17, 2014
Total Views: 15

Loss-Making CSAV Revamps Liner Division to Prepare for Merger with Hapag-Lloyd
Shipping News

Loss-Making CSAV Revamps Liner Division to Prepare for Merger with Hapag-Lloyd

In preparation for its container business merging into a “new” Hapag-Lloyd this year, troubled Chilean carrier CSAV is restructuring its liner business,

June 17, 2014
Total Views: 38

maersk line
Shipping News

China’s P3 Alliance Block Sends Maersk Shares Tumbling

China blocked the formation of a global alliance by the world’s three biggest shipping lines in a surprise move that ignored Western approval of the plan and

June 17, 2014
Total Views: 54

cma cgm marco polo
News

Plug Pulled On P3 Mega-Alliance

Following today’s decision by the Chinese Ministry of Commerce (MOFCOM) to not approve the P3 Network, a proposed vessel sharing alliance between the

June 17, 2014
Total Views: 37

Thursday, June 12, 2014
APL’s Recovery is Hobbled by Losses From 12-year Charters on Surplus Panamaxes
News

APL’s Recovery is Hobbled by Losses From 12-year Charters on Surplus Panamaxes

The extent of the decline in containership time charter hire rates in the past 10 years has been highlighted again with the sub-let of a trio of surplus

June 12, 2014
Total Views: 35

Monday, June 9, 2014
Hyundai Merchant Marine masan
News

Hyundai Group in Talks to Sell Stake in Logistics Unit to Orix

By Kyunghee Park and Chris Cooper June 9 (Bloomberg) — Hyundai Group, the South Korean conglomerate planning to raise 3.3 trillion won ($3.2 billion)

June 9, 2014
Total Views: 41

Wednesday, June 4, 2014
Industry Stakeholders Team Up to Develop LNG-Fuelled Ultra-Large Containerships
News

Industry Stakeholders Team Up to Develop LNG-Fuelled Ultra-Large Containerships

At the Posidonia conference being held this week in Athens, Greece, Capital Ship Management Corporation announced a new Joint Development Project with

June 4, 2014
Total Views: 23

Tuesday, June 3, 2014
EU Regulators Clear Maersk, Nippon Yusen Shipping Alliances

EU Regulators Clear Maersk, Nippon Yusen Shipping Alliances

European Union antitrust regulators have approved an alliance planned by world No. 1 container shipping company AP Moller-Maersk and another that includes

June 3, 2014
Total Views: 50

svendborg maersk containership
News

Maersk Tasked with Finding Hundreds of Missing Containers in Bay of Biscay

Following the loss of over 500 containers this February from the containership Svendborg Maersk during a storm in the Bay of Biscay, French maritime

June 3, 2014
Total Views: 237

Maersk, MSC, Others in Talks to End EU Antitrust Probe
News

Maersk, MSC, Others in Talks to End EU Antitrust Probe

By Foo Yun Chee (Reuters) – The world’s two biggest container shipping companies, AP Moller-Maersk and Mediterranean Shipping Company, are seeking

June 3, 2014
Total Views: 20

Thursday, May 29, 2014
maersk line idle containerships anchor
News

Containership Activity is Increasing as Charters are Signed and Scrapping Continues

By Mike Wackett The number of laid-up containerships has fallen to a 30-month low, according to Alphaliner, which recorded just 146 ships of over 500teu idled

May 29, 2014
Total Views: 41

Friday, May 23, 2014
Finance

SFL Acquires Kamsarmaxes

PRESS RELEASE – Ship Finance International Limited (NYSE: SFL) today announced the agreement to acquire two 82,000 dwt Kamsarmax dry-bulk carriers built

May 23, 2014
Total Views: 31

Thursday, May 22, 2014
cma cgm centaurus tow
Shipping News

US Coast Guard Recruits 11,400 TEU Containership for Emergency Tow Drill – PHOTOS

As bigger and bigger containerships are now calling on U.S. ports, the U.S. Coast Guard, along with the San Francisco Bar Pilots, local tug workgroup members

May 22, 2014
Total Views: 68

Wednesday, May 21, 2014
maersk
Finance

Maersk Profit Jumps on Lower Costs, Higher Shipping Volumes

By Christian Wienberg May 21 (Bloomberg) — A.P. Moller-Maersk A/S’s container- shipping line, the world’s largest, said first-quarter profit more

May 21, 2014
Total Views: 139

Tuesday, May 20, 2014
containers shipping
Shipping News

IMO Approves SOLAS Amendments for Container Weight Verification

The International Maritime Organization’s Maritime Safety Committee (MSC) has approved long-awaited changes to the Safety of Life at Sea (SOLAS) convention

May 20, 2014
Total Views: 92

Monday, May 19, 2014
zim shipping logo
Finance

Israel Corp Shareholders To Vote On Zim Shipping’s $3 Billion Restructuring

JERUSALEM, May 19 (Reuters) – Israel Corp shareholders are set to vote on a $3 billion restructuring plan by the conglomerate’s shipping offshoot

May 19, 2014
Total Views: 56

Tuesday, May 13, 2014
hapag-lloyd
News

Hapag-Lloyd Loss Widens on CSAV Takeover Cost, Low Freight Rates

By Nicholas Brautlecht May 13 (Bloomberg) — Hapag-Lloyd AG, Germany’s biggest container line, said its first-quarter loss widened as the takeover of

May 13, 2014
Total Views: 22

Monday, May 5, 2014
maersk virginia
Interesting

Maersk Line Limited to Reduce Headcount and Restructure

An internal Maersk Line Limited (MLL) memo sent to gCaptain indicates changes are on the horizon for the Norfolk, Virginia-based U.S. flagged shipping company.

May 5, 2014
Total Views: 89

Friday, May 2, 2014
anl warringa rickmers maritime
News

Rickmers Maritime Presses on, Hopes for Market Recovery in 2015

According to Clarkson Research, global trade growth is projected to reach around 6.0 percent in 2014 as compared to 4.9 percent growth in 2013, yet with a

May 2, 2014
Total Views: 32