Petrochemical Producers Supply Chain Survey

Petrochemical Update recently reached out to their extensive network of petrochemical supply chain & logistics purchasing managers to an insight into budgets

More ULCVs to Hurt Chances of Supply, Demand Balance

Following a recent spate of ultra large container vessel (ULCV) orders, the addition of any further boxship giants ...

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Containerships' First LNG-Fueled Newbuild Launched

The first of four LNG-fueled container vessels being built for Finnish shipping company Containerships has been ...

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COSCO Shipping Selling USD 2 Bn of Shares to Fund Boxships

China’s COSCO Shipping Holdings has unveiled its intentions to raise up to CNY 12.9 billion (USD 1.9 billion) ...

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Alphaliner: Boxship Oversupply Will Not End Soon

With weaker demand in the fourth quarter and a steady stream of new vessel deliveries, the supply overhang of ...

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Majority of New Ships Exceed IMO’s Post-2025 Requirements

Almost three-quarters of new ships carrying consumer goods already exceed International Maritime ...

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SITC Orders Four More Boxships in Korea

SITC Shipowning, a subsidiary of SITC International Holdings, has placed an order for four more containerships at ...

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SeaIntel: Carriers to Pursue Increased Market Share?

The continuing delivery of containerships could affect the competitive dynamics, forcing some carriers to pursue ...

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Tufton Oceanic Tied to Purchase of Seven Boxships

UK-based shipowner Tufton Oceanic has reportedly reached an agreement to buy seven Sub-Panamax containerships from ...

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Keppel to Build Pasha Hawaii's LNG-Fueled Boxship Duo

Honolulu-based shipowner Pasha Hawaii has ordered two new liquefied natural gas (LNG) fueled containerships ...

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Containerships Shrinks 2016 Net Loss

Finland’s container shipping firm Containerships has managed to cut its net loss during 2016 as it ended the ...

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HMM Inks Sale and Leaseback for Ten Boxships

South Korea’s shipping firm Hyundai Merchant Marine has entered into a Memorandum of Understanding to sell ...

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Cosco Corp Snatches Deal for Boxship Trio

Cosco (Guangdong) Shipyard, a subsidiary of shipbuilding and dry bulk shipping firm Cosco Corporation (Singapore), ...

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Drewry: Carriers Reluctant to Narrow Supply-Demand Gap

Amid a huge gap between supply and demand in the container shipping industry, carriers seem to be reluctant ...

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Clarksons: Boxship Deliveries Entering Moderate Era?

As containership deliveries dropped from the record 1.7 million TEU in 2015 to just 0.9 million TEU in 2016, the ...

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A Hundred More Panamaxes Need to Be Scrapped

Despite a massive scrapping spree of classic Panamax containerships, the sector remains under pressure as up to one ...

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Seaspan Corporation Buys Four Hanjin Panamaxes

Hong Kong-based Seaspan Corporation has purchased four Panamax containerships from the bankrupt South Korean ...

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Ahrenkiel Sells Panamax Boxship Trio

German ship owning and ship management company Ahrenkiel Steamship has sold three Panamax containerships to an ...

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Pasha Hawaii Unveils Order for Two LNG-Fueled Boxships

Honolulu-based shipping company Pasha Hawaii has decided to order two new liquefied natural gas (LNG) fueled ...

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Drewry: Boxship Leviathans Changing Lanes

As carriers’ stock of ready-to-cascade Asia-Europe containerships is almost empty, the second phase of the cascade ...

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Costamare Delays Delivery of Four Boxships

Athens-based containership owner Costamare Inc. has agreed to postpone the deliveries of the remaining four ...

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CMA CGM, ENGIE to Promote LNG as Marine Fuel for Boxships

French shipping major CMA CGM has signed a Memorandum of Understanding with French electric utility company ...

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