Container Shipping

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

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

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

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

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

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

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

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.

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

By Mike Wackett, Against the continued toxic mix of oversupply and weak demand, cash-strapped ocean carriers are being forced to consider every creative

China Shipping Container Lines (CSCL) released their 2013 annual report today, and with it, revealed a year that showed major financial losses to the company

Here’s a video showing the CMA CGM Marco Polo as it is towed into the port of Hamburg at night. With 16,020 TEU capacity, the MV CMA CGM Marco

SANTIAGO, April 21 (Reuters) – A significant majority of shareholders in Chilean shipper Compania SudAmericana de Vapores lent their support to the

Container shipments through the port of Los Angeles climbed in March by the most in seven years as commerce rebounded after disruptions caused by the Chinese

With the arrival of a 450-foot containership in the port of Cleveland Friday night, a new trade route linking the Great Lakes region with northern Europe was

Tsuneishi Group (ZHOUSHAN) Shipbuilding has received newbuild orders this week for four 1,020 TEU containerships from the Hong Kong-based subsidiary of

By Mike Wackett Bigger and bigger ships operating at slower and slower speeds across the tradelanes of the world are testament to the single-minded desire of

SANTIAGO/FRANKFURT, April 16 (Reuters) – Chilean shipper Compania SudAmericana de Vapores on Wednesday said it has signed a binding deal with

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