December 14, 2018
Cosco Shipping Holdings Co.’s sale of a container terminal in Long Beach, California has drawn interest from potential buyers including Blackstone Group LP and KKR...
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Containers
December 11, 2018
Global Ship Lease, a containership charter owner, has agreed five-year charters with CMA CGM for the 2015-built, 6,882 TEU containerships UASC Bubiyan and UASC Yas....
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December 6, 2018
The CMA CGM Group, a worldwide leading shipping group, and Freightos, the world’s online freight marketplace, announced they have signed an ambitious pilot agreement whereby...
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December 5, 2018
Concerns are growing over the financial health of Hyundai Merchant Marine (HMM). Korea’s largest shipping firm has been failing to make money over the past...
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December 4, 2018
Navios Maritime Containers L.P. ("Navios Containers"), a growth vehicle dedicated to the container sector, announced that it agreed to acquire two 2010-built, 4,360 TEU containerships...
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November 26, 2018
French container shipping group CMA CGM said its third-quarter volumes had outperformed the industry, supported by brisk trans-Pacific activity that suggested no negative impact so...
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November 22, 2018
Hapag-Lloyd has disclosed details of its new mid-term Strategy 2023. (more…)
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November 21, 2018
Evergreen Marine has ordered four feeder vessels at a Chinese yard. The 2,500 TEU containerships were ordered from Jiangnan Shipyard. (more…)
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November 20, 2018
Demand drivers and freight rates Some 13.7 million TEU were shipped globally in September, bringing the full year total up to 125.2 million TEU. While...
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November 20, 2018
Costamare announced the acquisition of the 60% equity interest of York Capital in five 2016 – built 14,000 TEU containerships. (more…)
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November 16, 2018
Danaos Corp. presented improved Q3 2018 results on Thursday, amid a still "soft" container shipping market. Moreover, a recent restructuring of its loan portfolio also...
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November 15, 2018
Top U.S. importers are stocking up on Chinese goods before new import tariffs take effect, shipping giant A.P. Moller-Maersk said on Wednesday, but warned a...
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November 14, 2018
Global Ship Lease, a containership charter owner, today announced a new time charter with ANL, a wholly owned subsidiary of CMA CGM, for the 2003-built,...
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November 13, 2018
Yang Ming will introduce four 14,000 TEU chartered vessels to optimize its fleet in the improving market while returning seven higher-cost chartered vessels in 2019,...
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November 12, 2018
Global Ship Lease announced that Poseidon Containers, with which Global Ship Lease has entered a definitive merger agreement, has agreed five-year charters with CMA CGM...
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