Containers

This page features all the latest news regarding container freight, including TEUs, iso containers, container standards and relevant issues.

Containers

FILE PHOTO: A Hapag-Lloyd container is loaded from a container ship at the terminal Altenwerder in the harbour in Hamburg, Germany October 25, 2011. REUTERS/Fabian Bimmer/File Photo

March 29, 2017

A merger of Hapag-Lloyd and United Arab Shipping Company (UASC) has hit a snag, with the German shipping line and some banks seeking assurances that...
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maersk_P

March 29, 2017

A.P. Moller-Maersk’s new chairman committed to automating its systems as the oil and shipping group steps up its drive to become more efficient and save...
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Hapag_Lloyd

March 27, 2017

Hapag-Lloyd closed the 2016 financial year with EBITDA of EUR 607.4 million (previous year: EUR 831.0 million) and an operating result (EBIT) of EUR 126.4...
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clarksons_shipping_flag

March 27, 2017

Last year saw a record level of boxship demolition, and this rapid pace of scrapping was sustained into early 2017 with a record monthly level...
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Evangelos Marinakis

March 24, 2017

According to broker reports, Capital Ship Management – led by Vangelis Marinakis – has acquired five vessels previously owned by the bankrupt Hanjin Shipping at...
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containers

March 23, 2017

The U.S. Justice Department has ordered top executives from several container shipping lines to testify in an antitrust investigation over practices by an industry that...
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An aerial view of a container ship.

March 22, 2017

U.S. Justice Department investigators have subpoenaed top executives of several container shipping companies as part of an investigation into price fixing, the Wall Street Journal...
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container

March 17, 2017

Brokers are reporting good news for embattled containership owners this week in the container charter market, with a big rise in enquiries and improving daily...
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HMM

March 16, 2017

Hyundai Merchant Marine (HMM) signed a strategic cooperation agreement, called "2M+H Strategic Cooperation," with the 2M Alliance, the world's largest container-shipping alliance, in San Francisco....
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Hamburg Sud

March 15, 2017

Maersk Line’s acquisition of Hamburg Sud has moved a step closer with the signing of a sale and purchase agreement with Dr August Oetker KG....
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drewry

March 15, 2017

The World Container Index assessed by Drewry, a composite of container freight rates on 8 major routes to/from the US, Europe and Asia, is down...
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cma-cgm-norma

March 13, 2017

CMA CGM, the world’s third-largest container line, swung back to a net profit in the fourth quarter of last year, supported by a recovery in...
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Hapag_Lloyd

March 10, 2017

THE Alliance is to set up an independently managed trust fund to safeguard cargo operations should one of its liner shipping group members go bankrupt....
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Large container ship arriving in port.

March 10, 2017

Spot container freight rates from North Europe to China increased by 45% this week, reaching a four-year high. The “World Container Index assessed by Drewry”...
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Hanjin Shipping

March 8, 2017

One of the few remaining vessels of bankrupt South Korean container line Hanjin Shipping has been sold by a Singapore court. (more…)
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