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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OOCL Belgium Out of Action Due to Main Engine Issues

The 1998-built containership OOCL Belgium is currently undergoing unscheduled maintenance in the port of Montreal, ...

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COSCON Cuts AAC Service Due to Weak Transpacific Demand

Shanghai-based shipping company COSCO Container Lines Co. Ltd. (COSCON) has suspended the America – Asia ...

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Sulphur Cap to Push Boxship Operators' Costs Up to USD 30Bn

Depending on the ship size, speed and fuel price, containership operators saw an increase of some USD 500 million ...

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Seaspan Corp Secures USD 540 Mn Worth of Financing

In an effort to secure funding for its vessels currently under construction and finance general corporate ...

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