Private Equity Firms Set Sights on Eco-Ships and the Distressed Shipping Market
(Bloomberg) — Carlyle Group LP and Tiger Group Investments’ ship fund is in talks about financing new vessels with five container lines as higher
gCaptain’s full coverage of the global container shipping industry.
(Bloomberg) — Carlyle Group LP and Tiger Group Investments’ ship fund is in talks about financing new vessels with five container lines as higher
(Bloomberg) — Zim Integrated Shipping Services Ltd. said the Israeli government’s reluctance to allow the container line to be split is frustrating
[vimeo]http://vimeo.com/32515225[/vimeo] – By Tom Stitt Is it time for Marc Levinson to publish a sequel to The Box, his classic story of how the
0727 GMT 21 November [Dow Jones] STOCK CALL: A.P. Moller-Maersk‘s plan to move away from the shipping segment to focus investment in other businesses,
A 278-meter containership had to be refloated Wednesday from a sandy bank near Prince Rupert Harbour, BC after running aground as it maneuvered around a small
HONG KONG–China Shipping Container Lines Co. (2866.HK), or CSCL, plans to sell a fifth of its shipping containers for US$358.6 million to raise cash and
(Bloomberg) — Maersk Line, the world’s biggest operator of container ships, expects rates to rise on trans-Pacific routes next month because of an
At 396 meters and the capacity to hold an astonishing 16,020 TEUs, the CMA CGM Marco Polo is now officially the world’s largest containership. The
(Bloomberg) — A.P. Moeller-Maersk A/S, owner of the world’s largest container shipping line, is betting that China will evolve into a consumer
The Emma Maersk and her E-class of sister containerships have had their day in the sun, but there’s now an even bigger kid on the block named Marco Polo
A.P. Moller-Maersk A/S (AMKBY, MAERSK-A.KO, MAERSK-B.KO) on Friday warned global demand for seaborne containers will grow more slowly than the group forecast
Diana Containerships Inc. (NASDAQ: DCIX), a global shipping company specializing in owning and operating containerships, announced Tuesday that it has signed a
With a fleet of 64 containerships aggregating 363,049 TEUs, Athens-based Danaos Corporation (NYSE: DAC) ranks among the largest containership charter owners
Sandy-related troubles at the Port of New York and New Jersey are forcing carriers to divert their ships to other ports, disrupting the supply flow for
The Port of New York and New Jersey is one of the busiest ports in the world and thus a major commercial artery for global commerce. In 2011, the
Chilean shipper Compania Sud Americana de Vapores SA (VAPORES.SN) posted a quarterly profit for the first time in two years. The company reported a net
(Bloomberg) — China Shipping Container Lines Co., the nation’s second cargo-box carrier, rose the most in more than four months in Hong Kong
While every other ship off the east coast of the United States steaming eastward trying to get the hell out of the way of Hurricane Sandy, the MOL Paramount,
Daina Shipping, owner of the stricken M/V Rena containership, was fined $300,000 today in a Tauranga District Court after pleading guilty to a charge under the
SINGAPORE–Container shipper Neptune Orient Lines Ltd. (NO3.SG) Thursday said it swung to a net profit in the third quarter mainly because of cost
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