May 6, 2021
A.P. Moller - Maersk had an exceptionally strong start to the year, with strong earnings and growth momentum across all our businesses in ocean, port...
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Containers
May 4, 2021
Container shipping rates are heading higher again, driven to new heights by unrelenting consumer demand and company restocking from Europe to the U.S. that are...
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April 27, 2021
A.P. Moller-Maersk A/S, the world’s largest shipping line, almost doubled its profit forecast for this year, citing an “exceptional” environment characterized by “surging” demand for...
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April 26, 2021
CSSC Shanghai Waigaoqiao Shipbuilding (SWS) has entered into a shipbuilding contract with Sea Consortium for the construction of four 7,000 TEU containerships. (more…)
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April 26, 2021
Costamare announced the acquisition of York Capital’s 60% equity interest, on average, in five 11,000 TEU containerships, four of which were built in 2017 and...
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April 26, 2021
The owners of the Ever Given, the cargo ship that ran aground and blocked the Suez Canal in late March, have filed an appeal before...
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April 21, 2021
Capital Product Partners L.P., an international owner of ocean-going vessels, today announced the sale of two 9,288 TEU container vessels. (more…)
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April 20, 2021
Global freight rates will remain high in the short term, but will moderate in the longer term once shipping supply-chain disruptions are cleared and more...
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April 19, 2021
Evergreen Marine Corp. is considering removing thousands of containers from its Ever Given ship to get the goods moving to their final destinations after an...
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April 15, 2021
The Ever Given, the containership that was stuck in the Suez Canal in March, has been arrested by Egyptian authorities over non-payment of a claim...
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April 14, 2021
Container volumes at Singapore port hit a record high of 3.3 million twenty-foot-equivalent units in March, up 2.3% year on year. (more…)
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April 13, 2021
Euroseas, an owner and operator of container vessels and provider of seaborne transportation for containerized cargoes, announced a new time charter contract for its container...
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April 13, 2021
After cumulative ocean carrier profits exceeded some $9bn for the final quarter of 2020, the returns for the liner industry could double that in Q1...
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April 6, 2021
China State Shipbuilding Corporation (CSSC) announced it has secured its single-largest containership order valued at over USD 1.5 billion. The buyer was not revealed. (more…)
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April 6, 2021
Seaspan announced that it has entered into an agreement to acquire two quality 8,500 TEU scrubber-fitted containerships on long-term charter with a global liner customer....
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