October 16, 2017
The corporate family rating of French shipping major CMA CGM has been affirmed at B1, the probability of default rating at B1-PD and the rating...
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Containers
October 16, 2017
Container spot rates from Asia to North Europe slumped below $700 per teu this week, losing a further 3.9% in value. (more…)
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October 13, 2017
Owners of smaller containerships, with limited exposure to the volatile deepsea east-west trades, are enjoying increases in daily hire rates and enquiries for time extensions....
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October 12, 2017
At the Salon des Entrepreneurs (trade fair) in Marseilles, Rodolphe Saadé, CEO of the CMA CGM Group, announced the Group’s intention to create its own...
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October 6, 2017
APL has added new ports of call to its Mediterranean Express 1 (MX1) and Mediterranean Express 2 (MX2) services. (more…)
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October 6, 2017
Diana Containerships announced that it has entered into an agreement to sell up to seven of its containership vessels for an aggregate purchase price of...
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October 5, 2017
THE Alliance could find itself on the wrong side of a $500 per teu cost differential on the key Asia-North Europe trade due to its...
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October 5, 2017
The CMA CGM Group, a leader in container shipping, is launching an innovative offer to connect Morocco more quickly to Europe: Morocco Express 1/2/3. (more…)
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October 3, 2017
Euroseas, an owner and operator of drybulk and container carrier vessels and provider of seaborne transportation for drybulk and containerized cargoes, announced that it took...
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October 3, 2017
CMA CGM has reached an agreement to purchase through its subsidiary, ANL, the majority of the shares in SOFRANA Unilines, a regional shipping line based...
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September 28, 2017
Recent forecasts from ocean carriers that a supply-demand equilibrium will be reached next year are “optimistic”, says Alphaliner. (more…)
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September 27, 2017
Container shipping lines are increasing their share of the seaborne reefer market and are forecast to accelerate their assault over the coming years, according to...
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September 26, 2017
The liner shipping company Hapag-Lloyd has now completed the sale of three of its older container ships. (more…)
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September 20, 2017
The International Union of Marine Insurance (IUMI) has warned that Solas firefighting regulations for container vessels are “inadequate” – particularly as ships have grown in...
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September 18, 2017
CMA CGM has confirmed the order for nine 22,000 TEU containerships while releasing results for the second quarter of 2017. (more…)
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