Transpacific Container Shippers Agree to Rate Hikes
Container shipping lines have agreed to raise Asia-U.S. freight rates in two stages, by $300 per 40-foot container (FEU) from March 15 and then by an unknown
Container shipping lines have agreed to raise Asia-U.S. freight rates in two stages, by $300 per 40-foot container (FEU) from March 15 and then by an unknown
Capital Product Partners L.P. (NASDAQ: CPLP) announced today the acquisition of three newly-built 5,023 TEU containerships from Capital Maritime & Trading
A look "under the hood" of the World's Largest container ship ever built. The engine that powers the Emma
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.
It’s been a good couple days for Samsung Heavy Industries. After winning an order for two LNG carriers yesterday, they have just announced another big
A containership identified as the MV GUANG YANG XIN GANG capsized and sank off the eastern coast of China on Monday, killing as many as 13 crewmembers. The
Kawasaki Kisen Kaisha Ltd, more commonly known as “K” Line, said Monday that it has placed an order for five eco-friendly Ultra Large Container
LR-classed Alexandros and Aristotelis are the first of five new 5,000 teu super-efficient new ships, all to be delivered from HHI Gunsan by June 2013, that
If you think that a helicopter medical evacuation from a ship is just as easy as an ambulance ride to the hospital, this video from yesterday’s medical
New York-listed Seaspan Corporation (NYSE: SSW) announced Wednesday that it has signed contracts for the construction of four fuel efficient 10,000 TEU
Hyundai Heavy Industries (HHI) announced today the signing of a newbuild contract with Vancouver-based Seaspan Corp. for five 14,000 TEU containerships,
Goldenport Holdings (LSE: GPRT) announced the sale of a second ship in as many months today, one that is likely heading to the scrapyard in the very near
General Dynamics NASSCO announced today the signing of a historic a contract with TOTE, Inc. calling for the design and construction of up to five 3,100 TEU
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
2013 is set to be the biggest year ever for containership deliveries, according to shipbroking firm Braemar Seascope. In Braemar’s latest Quarterly
With a population of 84 million, Egypt has the largest population of all of the Arab nations, and in 2011 reported a GDP $232 billion. The country is also
Editor’s Note: A collaboration involving APL, Hyundai Heavy Industries and DNV has resulted in an innovative new hull design expected to make APL’s
UDPATE: Here is video of the MV Amsterdam Bridge on fire off the coast of India near Mumbai. Reports indicate that the fire has been contained. Original: The
The Arnold Maersk, no doubt named after Arnold Schwarzenegger because it’s so friggen HUGE, passes underneath the Bayonne Bridge. This ship is 352 meters
According to US Coast Guard officials, a 55 year old crew member of the containership Jupiter suffered third degree burns while attempting to put out a fire
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