Container Shipping

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

SEOUL, Dec 19 (Reuters) – Korean Air Lines Co Ltd plans to raise 3.5 trillion won ($3.33 billion) over two years by selling assets such as shares in

Diana Containerships Inc. (DCIX) took everybody by surprise, announcing the sale of its 18-year old Panamax containership “Spinel“ (Ex “APL

Navios Europe Inc. announced today they have acquired ten vessels from debtors of HSH Nordbank AG including five product tankers and five Panamax and

The chief executive of TUI AG , a shareholder in German shipper Hapag-Lloyd , said he viewed as positive the talks between the shipper and Chilean rival

South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) announced today the winning of a newbuild order for six, 10,000 TEU containerships

The China Navigation Company (CNCo), the deep sea shipping arm of the multinational Swire Group, has announced today the signing of a conditional sale and

Taiwan’s largest container shipping company, Evergreen, has joined the growing group of carriers selling assets to turn around a year of loss-making