Costamare Enters $500 Million Joint Venture to Expand Fleet of Boxships
Athens-based containership owner/charterer, Costamare Inc. (NYSE:CMRE) announced today a new joint venture with investment advisor firm, York Capital
gCaptain’s full coverage of the global container shipping industry.
Athens-based containership owner/charterer, Costamare Inc. (NYSE:CMRE) announced today a new joint venture with investment advisor firm, York Capital
The secret to making money in container shipping can be found in 8.4 billion
Forty-thousand alarm clocks buzzed as one, waking an equal number of workers for work at Daewoo Shipbuilding & Marine Engineering (DSME), the world’s
Ship Finance International Limited (NYSE:SFL) announced late last week their plans to build four 8,700 TEU container vessels at a major shipyard in Korea.
Oslo-based ship investment company, SinOceanic Shipping ASA, has entered into a contract with Jinhai Heavy Industries to build ten, 8,800 TEU state-of-the art
(Bloomberg) — A.P. Moeller-Maersk A/S Chief Executive Officer Nils Smedegaard Andersen said he’ll be forced to prolong cost cuts at the
Maersk Line has just released this time-lapse video of the Maersk Triple-E as a sequel to their first video of the vessel of the under construction at DSME in
A.P. Moller-Maersk is "100 percent certain" it can more than double freight rates in July despite market weakness that has seen prices fall by a third since
May 15 (Bloomberg) — Hapag-Lloyd AG, Europe’s fourth- largest container-shipping line, said its first-quarter loss almost halved as freight rates
FRANKFURT, May 15 (Reuters) – Hamburg Süd, Germany’s second-largest shipping group, said on Wednesday it did not expect to resume merger talks
Neptune Orient Lines Ltd., Southeast Asia’s biggest container-shipping company, said it will add more fuel-efficient ships this year to pare costs as a
Neptune Orient Lines Ltd., Southeast Asia’s biggest container-shipping company, posted a profit in the first quarter, helped by gains from selling its
Early this month gCaptain was invited to DSME, the world's second largest shipyard, for a behind-the-scenes tour of the world's largest ship, the mighty Maersk
(Bloomberg) — Hyundai Heavy Industries Co. failed for eight years to win ship orders from China. That ended when it pledged to build the world’s
The U.S.-flagged arm of Denmark-based Maersk Line says it is spending $500 million on the purchase and reflagging of eight newer and larger
CSCL orders five 18,400 teu containerships from
Maersk Line announced today they have hired Stephen Richard Schueler to replace Lucas Vos as Chief Commercial Officer, effective 27 May. Stephen is American,
In a stock exchange announcement over the weekend, China Shipping Container Lines has expressed their intentions to build five, 18,000 TEU containerships. The
Bruised investors could learn a thing or
The 23,416 dwt container ship “HANSA MARBURG†was attacked by criminal gangs about 130 nautical miles southwest of the Port of
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