Any Light at the End of the Tunnel for Tankers?

MSI's Tim Smith reveals when to expect the tanker market to recover.

HMM Inks Final Contracts for 20 Boxship Giants

HMM

HMM signed formal contracts for 20 eco-friendly mega containerships with three shipyards.

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More Service Cuts Needed to Revive Asia-Europe Corridor

Containership

Drewry: Another service cut in Asia to North Europe corridor would help the spot market gain traction.

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SM Lines Forms Strategic Alliance with Vinalines

Containership

SM Lines, Vinalines forged a strategic alliance to secure a stable foothold in Southeast Asia's market.

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Over-Optimism Cause of Containership Market's Woes?

Boxship

Daniel Richards, container shipping analyst at MSI, comments on the state of play in the market.

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Relentless Containership Fleet Growth Crushing Recovery Hopes

Lara Maersk

The capacity of the containership fleet is growing too fast for the demand side to keep up.

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Boxship Catches Fire off Singapore

Containership

A 9,092 TEU containership caught fire on August 23, while it was en route to Singapore. 

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Zaitoun-Led Consortium to Future-Proof Container Shipping

Zaitoun Green Shipping creates consortium on green shippin

Zaitoun Green Shipping has teamed up with maritime technology majors to improve performance of containerships.

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Ship Finance Adding Three Boxships with Long Term Charters

Containership

Ship Finance International is to acquire three large container vessels with long term time charters.

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Spotted: HMM's New Scrubber-Fitted Boxship Visits Santos

HMM Promise berthed at DP World Santos on August 17 on its maiden voyage to the Port of Santos in Brazil.

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Yang Ming Confirms Order for 10 Units at CSBC Corporation

Yang Ming

Yang Ming has confirmed an order for ten 2,800 TEU boxships with compatriot CSBC Corporation.

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Colombia: Over a Ton of Cocaine Found on Containership

Containership

More than 1 ton of cocaine hydrochloride was seized on board a boxship in the waters near Barranquilla.

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Navios Containers Buys Another Ship, Reports Profit Growth

Navios Maritime Containers decides to acquire a 2009-built containership, continuing its boxship buying spree.

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Container Shipping – Survival of the Fittest

Monte Azul, Maersk Lamanai

Only container shipping companies with the biggest fleets and most efficient vessels to turn a profit this year.

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MPC Container Ships Buys Another Vessel

MPC Container Ships ASA decides to further expand its fleet with a 2012-built boxship.

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CMA CGM Chooses BIO-SEA BWMS for 17 Boxships

CMA CGM has contracted BIO-UV Group to supply ballast water treatment systems to 17 containerships.

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Hyundai Mipo to Build Four Liberian Containerships

Hyundai Mipo Dockyard secures an order for the construction of four containerships. 

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Seaspan Completes First Tranche of Investment with Fairfax

Money

Seaspan: Fairfax exercised all the warrants issued on the closing of its first debenture investment of USD 250 million.

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Drewry: Ascent of the Charter Market Is Over

MSC Containership

The rapid growth of charter rates in the container shipping market is likely to be over.

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MAN to Propel Pasha Hawaii's LNG-Fuelled Boxships

Pasha Hawaii containership

MAN is to provide propulsion systems for two LNG-fueled containerships being built for Pasha Hawaii.

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Costamare Orders Five, Buys Two Containerships

Costamare orders five newbuild boxships and agrees to buy two secondhand containerships.

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Two 11,000 TEU Newbuildings Delivered to HMM

Hanjin Subic has delivered two mega containerships to Hyundai Merchant Marine.

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