Container Shipping

The diverse business models of Japanese shipping giants NYK, MOL and K Line pulled them through to profitability at the nine-month stage, ending December 31

The smile on Mr. Y.J.Ji of Hyundai Heavy Industries (HHI) pretty much says it all.  His company just signed a newbuild order today with United Arab Shipping

Container shipping lines have agreed to raise Asia-U.S. freight rates in two stages, by $300 per 40-foot container (FEU) from March 15 and then by an unknown

COSCO Holdings announced today the placing of a newbuild order with Shanghai Jiangnan Changxing Shipbuilding Co. Ltd, for five, 9,400 TEU containerships. The

Athens-based container shipper Costamare Inc., reported positive results on Monday for the fourth quarter and year ended December 31, 2013, while also

Cia. Sud Americana de Vapores SA fell the most in more than two years after the Chilean shipping company reached an agreement to combine operations with

Israeli shipping company Zim has reached an agreement in principle with most of its creditors covering $1.82 billion in debt, in a deal that will see parent

Cia. Sud Americana de Vapores SA, controlled by Chile’s billionaire Luksic family, signed an agreement with Germany’s Hapag-Lloyd AG to combine operations

South Korea's Hyundai Heavy Industries (HHI), the world’s largest shipbuilder, has cut steel on the first of five 19,000 TEU containerships for China

Hapag-Lloyd AG, Germany’s biggest container shipper, is negotiating an all-share transaction to acquire Chile’s Cia. Sud Americana de Vapores SA, according

The Israel Corp holding company is set to lose control of shipping company Zim under the terms of a bailout agreement being negotiated with Zim's creditors,

APL, Maersk and OOCL on Tuesday announced a new cooperation on three existing Far East to Indian Subcontinent services beginning in February

German container shipping company Hapag-Lloyd is nearing a deal to buy Chilean shipper Compania Sud Americana de Vapores (CSAV), a German newspaper

Maersk Line announced today the revival of the SeaLand brand with formation of a new US-headquartered, intra-Americas container shipping firm of the same name.

Some new details have emerged today about the condition of the MSC Monterey containership which suffered a crack in its hull while underway in adverse

Update 2: 1.5 Meter Crack Discovered in Hull of MSC Monterey Update: The Joint Rescue Coordination Centre reports that the MSC Monterey is currently at anchor

The chairman of German shipping group Hapag-Lloyd said rival Hamburg Süd should join merger talks between Hapag-Lloyd and Chile's Vapores

Container unloading at Libya's Misrata port has hit record levels this year and the major shipping gateway is expanding, a local official said, in a rare

The EMMA MAERSK suffered a flooding incident in February as it was getting ready to transit the Suez Canal. As reported earlier, water entered the vessel

By Gavin van Marle Container throughput in Pakistan could rise dramatically if China succeeds in its ambition to build a new deepwater port in the country