megaships

Shell Marine has secured a major contract to supply the marine lubricants for seven of COSCO Shipping’s upcoming 20,000 TEU Ultra Large Container

CMA CGM has reached an agreement with French energy company Total on the supply of LNG fuel for the shipping company’s nine record-setting newbuildings

By Tom Metcalf and Devon Pendleton (Bloomberg) — A shopping spree by two billionaires is shaking up a shipping industry still recovering from

By Mike Wackett (The Loadstar) – Less than a week after Taiwanese container line Yang Ming reported its first net profit in 10 quarters, media today

With the cat now out of the bag on CMA CGM’s plan to use cleaner-burning liquefied natural gas to power its nine record-setting 22,000 “mega”

By Mike Wackett (The Loadstar) – Nine 22,000 teu vessels on order for CMA CGM and 11 22,000 teu ships for MSC could end up with capacity of 23,500

By Mike Wackett in Busan (The Loadstar) – South Korean shipyards are in a battle with Chinese rivals, over construction of ultra-large container vessels,

By Gavin van Marle (The Loadstar) – The Asia-North Europe trade will be almost entirely operated by ultra-large container vessels (ULCVs) during the

By Mike Wackett (The Loadstar) – THE Alliance could find itself on the wrong side of a $500 per teu cost differential on the key Asia-North Europe

On the heels of CMA CGM’s order for nine record-breaking 22,000 TEU containerships, Mediterranean Shipping Company has confirmed it has placed its own

French shipping company CMA CGM has signed shipbuilding contracts for its nine 22,000 TEU Ultra Large Container Vessels (ULCVs) with state-run China State

The 14,414 TEU CMA CGM Theodore Roosevelt has set a new record as the largest capacity containership to ever visit the U.S. east coast after calling at the

By Mike Wackett (The Loadstar) – MSC is reportedly finalising an order for 11 22,000 teu ships, joining CMA CGM in reactivating the orderbook for

By Mike Wackett (The Loadstar) – At least two Asia and Europe loops will need to be closed in the fourth quarter of the year, or sailings blanked, to

Check out this animation from Genscape Vesseltracker showing the AIS track of the 366-meter containership CSCL Jupiter when it ran aground on Monday in

By Mike Wackett (The Loadstar) – Another ultra-large container vessel has run aground in North Europe, again raising questions about the ability of

By Mike Wackett (The Loadstar) – With CMA CGM reportedly ready to sign a letter-of-intent for nine ultra-large container vessels (ULCVs) of 22,000 teu,

CMA CGM is rumored to be on verge of placing a massive order for the construction of up to nine 22,000 TEU containerships, which if built would be the

By Gavin van Marle in Amsterdam (The Loadstar) – Major container ports could be facing an investment crisis that will dwarf the problems seen in liner

By Gavin van Marle (The Loadstar) – Container shipping lines may be finally getting the vessel overcapacity crisis under control. It was revealed today