Container Shipping

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

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

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

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)

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

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

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

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

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