Box Rates on East-West Routes above 5-Year Average

Spot container freight rates on the major East-West routes reached a 20-month high this week and have risen above ...

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Hanjin Containership on Auction in Singapore

The 1998-built containership Hanjin Rome, which was arrested on August 29, has been put up for auction in ...

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Bremen Express Loses Unknown Number of Containers at Sea

An undisclosed number of containers fell from the 8,750 TEU containership Bremen Express “for reasons yet to ...

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Scrapping Boxship Candidates to Get Younger and Bigger

Amid a record year for containership demolitions in 2016, which helped suppress total fleet growth close to the ...

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Boxship Demolition Reaches All Time High

The containership demolition has reached its all time high as it surpassed 500,000 TEU, providing a positive ...

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Clarksons: Old Panamaxes Slowly Fading Away

The ‘old Panamax’ sector seems to be slowly fading away, falling from 969 units in 2012 to 796 at the ...

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Robbers Fire Upon Crew aboard Anchored Boxship

Six robbers armed with guns boarded and fired upon the duty crew onboard an anchored containership while the vessel ...

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IUMI Calls for More Action to Tackle Containership Fires

Two recent onboard containership fires have fueled concerns from International Union of Marine Insurance (IUMI) ...

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Rickmers Maritime to Restructure Debt amid Liquidation Fears

Singapore-listed containership owner Rickmers Maritime will not be able to pay USD 179.7 million of senior debt ...

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Containership on Fire at Port of Hamburg

The 2015-built containership CCNI Arauco has ignited at the German port of Hamburg on Thursday, according to data ...

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Authorities Remove TS Taipei Wreck from Shimen Reef

The wreck of the containership TS Taipei, which grounded in March when it lost propulsion, was removed from the ...

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Drewry: Mega-Alliances Could Help Transhipment Hubs

The world’s largest transhipment hubs are exposed to numerous risks, from poor underlying demand to increasing use ...

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Alphaliner: Boxship Orderbook Ratio Drops Like It's 1999

The containership orderbook, measured as a percentage of the existing fleet, has fallen to its lowest level since ...

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Seaspan Corp Eyes Fresh Funding

Hong Kong-based containership owner Seaspan Corporation revealed its plans to offer its Series H Preferred Shares ...

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Drewry: Idle Boxship Fleet Increases across All Ship Sizes

Growing overcapacity is causing an increase in the idle containership fleet across all ship sizes and apparently in ...

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Costamare Secures Financing for Two New Boxships

During the second quarter of 2016, the Athens-based containership owner Costamare Inc. secured USD 88 million of ...

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Seaspan Corp's Quarterly Earnings Halved, Revenue Up

Despite the addition of a number of boxships during the second quarter, the Hong Kong-based containership owner ...

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Seaspan Buys Boxship Newbuilding Duo from GCI

Hong Kong-based container ship owner and operator Seaspan Corporation has bought two newbuilding 11,000 TEU vessels ...

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Global Container Volumes Will See Little Impact from Brexit

The United Kingdom’s decision to exit the European Union is expected to have little direct impact on the ...

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Report: EU Ready to Settle with Liner Giants on Price Hikes

The European Commission is considering to accept the offer submitted by fifteen container shipping ...

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Brexit to Limit Capital for Dry Bulk and Boxship Sectors?

Shipping executives and analysts are warning of negative implications for the dry bulk and containership sectors in ...

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