July 20, 2021
Tsakos Shipping & Trading has reportedly sold feeder containership Sphene (3.398 TEU / blt 2007) at the price of USD 39 million. (more…)
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Containers
July 20, 2021
Shipping companies operating on trans-Pacific eastbound trade lanes have announced rate increases for August at unprecedented increments, often using new terminology to describe the surcharges...
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July 16, 2021
Cosco Shipping Holdings Co. Ltd. has placed a $1.5 billion order for 10 large containerships. The ships will be built at affiliated shipyard, Cosco Shipping...
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July 16, 2021
Container shipping rates from Asia to the U.S. and Europe increased to new record levels over the past week, ensuring transportation costs will stay elevated...
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July 15, 2021
Danaos announced that it has entered into an agreement to acquire six 5,466 TEU container vessels built at Hanjin Subic Bay shipyard en bloc for...
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July 13, 2021
Hapag-Lloyd successfully closed the acquisition of the Dutch container shipping company Nile Dutch Investments B.V. (NileDutch). (more…)
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July 12, 2021
Orient Overseas International Line (OOIL) saw its revenues and volumes increase by 119% and 15.4% respectively in Q2 2021. (more…)
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July 7, 2021
Seaspan, a wholly owned subsidiary of Atlas, announced that it has entered into long-term charters with ZIM relating to ten ultra-modern 7,000 TEU dual-fuel liquefied...
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July 6, 2021
According to brokers, Capital Maritime – led by Greek shipowner Vangelis Marinakis - has placed an order for three (+3) 1,800 TEU containerships at Hyundai...
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July 5, 2021
During the first half of 2021, a total 277 container ships have changed hands, a 103.7% jump from 136 ships bought and sold in the...
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July 5, 2021
Danaos Corporation announced that it has exercised its option to acquire the remaining equity interests in its joint venture Gemini Shipholdings Corporation. (more…)
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July 5, 2021
Container shipping prices have reached record highs about 18 months after the outbreak of the coronavirus pandemic that disrupted maritime logistics chains and drove demand...
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June 25, 2021
Seaspan, a wholly-owned subsidiary of Atlas, announced that it has forward fixed contracts, extending current lease terms for 17 containerships with COSCO. (more…)
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June 24, 2021
Seaspan, a wholly-owned subsidiary of Atlas Corp., announced that it has entered into agreements with a major shipyard for two 12,000 TEU containership newbuilds. (more…)
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June 23, 2021
Hapag-Lloyd has ordered another six ultra-large containerships in South Korea. (more…)
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