containerships

The Georgia Ports Authority has approved projects to increase annual capacity at the Port of Savannah beyond 6 million twenty-foot equivalent container units,

Update – April 1, 2021: Maersk reports that repairs to Maersk Eureka have been completed and the ship is undergoing sea trials to ensure its safe

Seaspan Corporation, a leading owner and operator of containerships, is adding to its newbuild order book with an order for six 15,500 TEU containerships. The

By Mike Wackett (The Loadstar) – Ocean carriers have been warned not to take advantage of the capacity crunch resulting from the Suez blockage to

By Mike Wackett (The Loadstar) – Container spot rates from Asia to Europe look set to surge again, as carriers are obliged to blank sailings in

This article was originally published in 2019. It has been reposted to provide context to the Ever Given situation in the Suez Canal. Also read Part 2:

By Christian Wienberg (Bloomberg) — The chairman of A.P. Moller-Maersk A/S, Jim Hagemann Snabe, says it’s proving difficult to get enough women to

Taiwanese shipping company Evergreen Marine Corporation (EMC) has announced plans to build twenty containerships of 15,000 TEU capacity each. The order was

By Mike Wackett (The Loadstar) – Israeli ocean carrier Zim has posted its first annual profit for three years – and the biggest in its 75-year

By Mike Wackett (The Loadstar) – Container spot rates from Asia may have eased slightly from their record highs, post-Chinese new year, but rates for

RANKFURT, March 18 (Reuters) – German container shipper Hapag-Lloyd said on Thursday it almost tripled its net result in 2020 due to lower costs and

The United States’ top port for containerized imports from Asia reported its best February on record as the nation’s economy continues to bounce

By Mike Wackett (The Loadstar) Ocean carriers are becoming increasingly confident that freight rates will remain high for years and are still chartering

By Mike Wackett (The Loadstar) – CMA CGM has posted a net profit of $1.75bn for 2020, following a loss of $229m the year before, and said it was

PARIS, March 12 (Reuters) – Container shipping group CMA CGM said on Friday that it expected activity to remain strong in the first half of

By Mike Wackett (The Loadstar) – Ocean carriers are enjoying a bull run of profitability, thanks to demand spikes and inflated freight rates, and now

By Vinicy Chan, Christian Wienberg and Aaron Kirchfeld (Bloomberg) — A.P. Moller-Maersk A/S is considering a sale of its refrigerated container business

By Eric Martin (Bloomberg) — The U.S. trade deficit widened to the third-biggest on record in January as imports surged to the highest since mid-2019.

By Mike Wackett (The Loadstar) – Major port and landside congestion at US west coast ports could last until the summer peak season, according to ocean

Seaspan Corporation has announced plans to acquire a pair of 15,000 TEU scrubber-fitted containerships. Seaspan, a wholly owned subsidiary of global asset