To Lay-Up or Not to Lay-Up

Drewry To Lay-Up or Not to Lay-Up

As shipowners continue to lay up containerships as the market slows, the size of the idle fleet is expected to get ...

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Costamare Partners Gives Up on IPO Plans

Costamare Partners Gives Up on IPO

Athens-based containership owner Costamare Partners LP, a wholly-owned subsidiary of Costamare Inc, cancelled its ...

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Felixstowe Makes Room for One More Mega Ship

Port of Felixstowe Berth 9 opening at Port of Felixstowe, Suffolk, United Kingdom

Britain’s Port of Felixstowe will now be able to accommodate two of the world’s largest containerships ...

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Danaos Sets Sights on Acquiring Second-Hand Post Panamaxes

Danaos

Danaos Corporation, Piraeus-based containership charter owner, reported an adjusted net income of USD 43.8 million ...

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OOCL Takes Over Final 8,888-TEU Boxship Newbuild

OOCL Takes Delivery of Final 8888 TEU Boxship Newbuild

Orient Overseas Container Line (OOCL) has welcomed into the fleet the final 8,888 TEU class containership from a ...

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Yang Ming Adds Five More Boxships to the Tally

Yang Ming Adds Five More Boxships to the Tally

Taiwanese container shipping company Yang Ming Marine Transport has returned to Japanese builder Imabari ...

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Alphaliner: Containerhips Idling Away

Containerhips Idling Away

Idling of containerships across the global fleet has soared to new high in 2015 reaching 500,00 TEU capacity mark, ...

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Boxship Kamala Ablaze in East China Sea

Boxship Ablaze in East China Sea

A Liberia-flagged container ship caught fire around midnight, July 11, some 220 miles west of the Japanese island ...

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DSME Confirms Talks on Mega Order

DSME Confirms Talks on Mega Order

South Korean shipbuilding giant Daewoo Shipbuilding and Marine Engineering (DSME) confirmed today that it is in ...

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Drewry: Carriers Bolster Supply in Asia-ECNA Trade

Carriers Bolster Supply in Asia-ECNA Trade

Upward spiralling headhaul freight rates earlier this year have lured most carriers to place a significant amount ...

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Container Lines Cutting Carbon Footprint

Container Lines Carrying More while Polluting Less

At least three factors have substantially cut the fuel consumption of containerships: slow-steaming, the trend ...

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BIMCO: Containership Rates Take a Nosedive

Container Ship

The containership freight rate including ocean freight and surcharges, i.e. was quoted at USD 466 per TEU for the ...

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Rickmers Reederei Invests in Containerships

rickmers

Rickmers Reederei investing up to USD 260 million in three state-of-the-art container ships.

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Infographic: 50 Years of Containership Growth

ContainerShipGrowthInfographic2015_1000X1125

The infographic presents you with containership growth starting from 1968 forecasting the next generation of ...

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Imabari Lands Major 20,000 TEU Boxship Gig

Imabari Lands 20,000 TEU Containership Orders

Japan’s shipbuilder Imabari Shipbuilding, with the cooperation of Marubeni Corporation, has secured a ...

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Shanghai Keeps Lead as World’s Busiest Container Port

Port of Shaghai

China’s Port of Shanghai has wrapped up the year with a new record in the number of handled containers ...

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Readers’ Picks of the Week (12th – 16th of Jan)

Readers’ Picks

Tug Collides with Hoegh Osaka One of the two tugs attached to Hoegh Osaka moved from her position on Saturday ...

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Image of the Day: World’s Largest Containership

MSC_OSCAR_official_image

The image shows 19 224 TEU MSC Oscar, the world’s largest container ship. The behemoth container ship was ...

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Containership Reliability Keeps Spiraling Down

Containership Reliability Keeps Spiraling Down

Containership reliability declined for the second month in a row in December, according to Drewry’s enhanced ...

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Update: MOL Express Breaks Free

MOL Express Runs Aground

MOL-operated containership MOL Express that ran aground in shallow water in Tateyama Harbor, Chiba Prefecture on ...

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Readers’ Picks of the Week (5-9 of Jan)

Readers’ Picks

DSME Christens World’s Biggest Containership Korean shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME) ...

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