Wednesday, August 22, 2018

15,000 TEU Containership “Afif” Named in London Gateway

It took British Maritime Minister Nusrat Ghani just one go to activate the mechanism that sent a big champagne bottle crashing against the massive...

In global race for megaships, shipping lines think size is everything

Ever since Hanjin Shipping - once the largest shipping line in Korea - went bankrupt in 2016, Hyundai Merchant Marine, at No. 12, has...

Higher container equipment prices to squeeze leasing rate returns

Container equipment rental rates and cash investment returns remain weak, despite last year’s recovery. But an earlier rise in container prices which lifted values...

Diana Containerships Announces Continuation of Time Charter Contract for m/v Domingo with CMA CGM

Diana Containerships Inc has announced that, through a separate wholly-owned subsidiary, it has agreed to extend the present time charter contract with CMA CGM,...

Container Shipping Market – An Outlook for 2018

Market Outlook for container shipping has shown strong fleet growth forecasts supported by equal demand in 2018. A report by BIMCO, shows that demand...

APL Deploys U.S. President-Named Vessels for Enhanced Eagle Express 1 Service

APL today announced the deployment of six vessels for its signature Eagle Express 1 (EX1) service. The EX1 service will be enhanced to speed up...

Matson Christens First Aloha Class Vessel ‘Daniel K. Inouye’ At Philly Shipyard

Matson, Inc. (NYSE: MATX), a leading U.S. carrier in the Pacific, and Philly Shipyard, Inc. (PSI), the wholly-owned U.S. subsidiary of Philly Shipyard ASA...

Evergreen Strengthens Asia – East Africa Service

In order to meet increasing and diverse market demands, Evergreen Line has announced enhancements to its current Asia – East Africa service (AEF) –...

Hapag-Lloyd Profit Warning Drags Down Shipping Sector Stocks

Shares of German shipping line Hapag-Lloyd AG plunged as much as 22 percent after the company cut its profit forecast for the year, as...

Diana Containerships Announces Sale of Post-Panamax Container Vessel

Diana Containerships Inc, a global shipping company specialising in the ownership of containerships, announced that today it has completed the previously announced sale of...