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Tuesday, May 31, 2016
Ship Scrapping Accelerates Ahead of Panama Canal Expansion Opening
Shipping News

Ship Scrapping Accelerates Ahead of Panama Canal Expansion Opening

By Mike Wackett (The Loadstar) – The number of container vessels sent to breakers’ yards so far this year will shortly eclipse the total demolished in

May 31, 2016
Total Views: 148

Thursday, May 26, 2016
maersk triple-e
News

Maersk’s Chase for Market Share Partly to Blame for Rate Slide

By Mike Wackett (The Loadstar) – Maersk Line’s aggressive growth strategy in the first three months of this year was a contributing factor in the 23%

May 26, 2016
Total Views: 12

Tuesday, May 24, 2016
shipping containers
Shipping News

IMO Urges ‘Pragmatic’ Approach for Launch of New Container VGM Rules

By Alex Lennane (The Loadstar) – The IMO has urged regulators to take a “pragmatic” approach to the new SOLAS VGM requirements for the first three

May 24, 2016
Total Views: 66

Tuesday, April 19, 2016
hyundai merchant marine
News

Grim Outlook for Liner Shipping as Continued Weak Market Pushes Carriers to the Brink

By Mike Wackett, (The Loadstar) – The shock waves from the collapse of a top-20 container line such as Hyundai Merchant Marine (HMM) could be the

April 19, 2016
Total Views: 11

Friday, March 18, 2016
hmm containership
News

Hyundai Merchant Marine on Verge of Bankruptcy as Creditors Reject Debt Rescheduling

By Mike Wackett, (The Loadstar) – Creditors of Hyundai Merchant Marine (HMM) today rejected a rescheduling of the troubled shipping company’s debt,

March 18, 2016
Total Views: 98

Wednesday, March 16, 2016
More Service Cuts Announced as Idle Containership Fleet Hits Record Level
News

More Service Cuts Announced as Idle Containership Fleet Hits Record Level

By Mike Wackett, (The Loadstar) – Idled global container capacity has reached a record high of 1.57m teu, according to the latest data from Alphaliner.

March 16, 2016
Total Views: 48

Monday, February 29, 2016
More Pain Before Gain for Asia-North Europe Container Carriers
News

More Pain Before Gain for Asia-North Europe Container Carriers

By Mike Wackett, Ocean carriers cancelled some 230 sailings in 2015 between Asia and North Europe to boost vessel utilisation levels, and, according to Drewry,

February 29, 2016
Total Views: 21

Tuesday, February 16, 2016
Felixstowe, London Gateway and Southampton First UK Ports to Offer Container Weighing Service
News

Felixstowe, London Gateway and Southampton First UK Ports to Offer Container Weighing Service

By Mike Wackett (The Loadstar) – DP World’s two UK container terminals at London Gateway and Southampton are to offer shippers container weighing

February 16, 2016
Total Views: 99

Tuesday, February 9, 2016
containership at sea
Shipping News

Low Bunker Prices Offer Relief for Containership Operators, But Slow-Steaming Benefits Lost

By Mike Wackett (The Loadstar) – The jury is out as to whether the dramatic fall in oil prices in the past two years has produced a net benefit

February 9, 2016
Total Views: 113

Thursday, January 21, 2016
‘Zombie Ships’ Mask Parlous State of Container Shipping Industry
Interesting

‘Zombie Ships’ Mask Parlous State of Container Shipping Industry

By Mike Wackett (The Loadstar) – Analysts agree there is no recovery in sight for the beleaguered containership charter market, which is facing its

January 21, 2016
Total Views: 98

Wednesday, November 11, 2015
cma cgm
Shipping News

CMA CGM Leading the Field to Buy NOL, But Only if the Price is Right

By Mike Wackett, The Loadstar There are “significant obstacles” to the sale of Singapore-based Neptune Orient Lines (NOL), despite interest from Maersk

November 11, 2015
Total Views: 9

Wednesday, November 4, 2015
Maersk Decision to Lay-Up a Triple-E is ‘A Wake-Up Call’, Says Drewry
News

Maersk Decision to Lay-Up a Triple-E is ‘A Wake-Up Call’, Says Drewry

  By Mike Wackett, The Loadstar Maersk Line’s decision last week to lay-up one of its 18,000 teu flagships is “good news for the industry”, Drewry

November 4, 2015
Total Views: 85

Wednesday, September 23, 2015
CMA CGM containership bunkering
News

Cheap Bunker Fuel the Only Thing Keeping Container Shipping Lines Profitable, Drewry Says

  By Gavin van Marle, The Loadstar Just how much money would container shipping lines be losing if it weren’t for the relentlessly steep decline in

September 23, 2015
Total Views: 19
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