Container Shipping

Update (Tues. 7/24/12): Blaze Contained on MSC Flaminia Update (Fri. 7/21/12): Salvors Board Burning MSC Flaminia Wednesday Update: Photos Reveal Damage to MSC

HONG KONG–Container shipper Orient Overseas (International) Ltd.’s (0316.HK) second-quarter revenue rose 10.6% from a year earlier, the Hong

ATHENS – Greek containership owner, Danaos Corporation (NYSE: DAC), announced today that on June 29, 2012, it took delivery of its fifth and final 13,100

Global containership company, Box Ships Inc, (NYSE: TEU), announced today that it took delivery of its ninth vessel, the OOCL China, a 5,344 TEU

In their Q1 report, Maersk Line reported a 9 percent decline in freight rates along with a 31 percent increase in bunker rates.  This added up to a billion

West Coast jones act carrier Matson on Monday began trading on the NYSE as its own independent company and brand after changing it’s name officially from

Container shipping giant CMA CGM announced plans Monday to sell it’s luxury cruise line La Compagnie du Ponant to a European private equity firm.

SINGAPORE (Dow Jones) –Container shipper Neptune Orient Lines Ltd. (N03.SG) said Monday it plans to sell its headquarters building in Singapore to raise

**UPDATE** The latest word is that after exhaustive searching and x-rays of the containers on board, no stowaways were found by port authorities today in

“Industry experts estimate that the liner operators overall had to accept a loss of some 5-6 billion US dollars in 2011 after profits of around 14

The International Maritime Oranization yesterday asked us to celebrate the Day of The Seafarer by honoring the theme, “it came by sea, I can’t live

International container shipping company, Box Ships Inc., (NYSE: TEU), announced today it has taken delivery of its eighth vessel, the OOCL Hong Kong, a

The results of a recent survey conducted by the ICC International Maritime Bureau (IMB) in conjunction with an international trade association have served to

Maritime New Zealand said Friday that the container recovery stage in the salvage of the M/V Rena has been completed and the operation will now move towards

The Master and Second Officer of the stricken M/V Rena that has been stuck on Astrolabe Reef since grounding on October 5 have each been sentenced to seven

The MSC containership idled since suffering an onboard explosion eleven days ago off the coast of Puerto Rico has been cleared to move on, the U.S. Coast Guard

Three port employees have been injured following an accident in the Port of Gdynia, following a collision between the Swedish ferry, Stena Spirit, and an arm

HONG KONG -(Dow Jones)- Orient Overseas (International) Ltd. (0316.HK) plans to raise rates again for container shipments for the north-Europe-to-Asia route

A drunken master that had fallen asleep in the bridge is to blame for the August 2011 grounding of the Karin Schepers along the UK’s Cornish coast,

COPENHAGEN (Dow Jones)–Danish oil and shipping conglomerate A.P. Moller-Maersk A/S is increasingly optimistic that its container-shipping arm Maersk