Container Ships
288 stories, page 10 of 12
Maersk Shipping Investment Plans on Hold
A.P. Moller-Maersk will not invest significantly in its shipping business over the next five years and will focus on its oil, drilling rigs & ports. Maersk intends to move away from the shipping side of things and go…
New Dutch Waterway Container Terminal Opened
The MCS container terminal in Leeuwarden & a winding hole for 110-metre container ships officially opened for business. The winding hole [turning basin] is at the junction of the Zwette and Van Harinxma canals. Following…
ACL's New CONRO's to be Built to UK Standards
Atlantic Container Line (ACL) confirm that their five new roll-on roll-off containerships (CONROs) will be built to UK standards. The five new vessels are being built at the Hudong-Zhonghua Shipbuilding (Group) Co. Ltd…
Container Ship Stacking Weight Modification Allows More Cargo
Advanced research and development by Lloyd's Register indicates that container stacking weights can be modified to allow the carriage of more cargo. In an 18,000 teu design the increase in cargo weight could be as much…
Container Ships Must Alter Course for Profitabality Says Report
Container carriers can recover from the losses they suffered in recent price wars by adopting more disciplined business practices, says a new report. The recently published report by The Boston Consulting Group (BCG) is…
Greek Shipowners Costamare Public Stock Offering
Owners of container ships for chartering, Costamare Inc., plans to offer 7,000,000 shares of its common stock. Members of the Konstantakopoulos family, who in the aggregate own a majority of the common stock of the…
China Shipyard Wins Multiple Container Ship Orders
Ship operators Bernhard Schulte & US banking institution JP Morgan have come together to order a series of medium-size boxships in China. Zhejiang Yangfan Group will construct up to eight 2,300 teu boxships for the pair…
Bleak Outlook for Asia-Europe Ocean Container Sector
Maersk Line cuts further capacity on the Asia-Europe trade on low demand, cuts AE5 service permanently & suspends the AE9 service. “We do not expect volume growth on the Asia-Europe trades this year so there is currently…
Port of Antwerp Shows Off to North American Ports
Port Of Antwerp seeks to further consolidate market share with representative visits to Chicago, Houston & Montreal. When it comes to trade with North America, Antwerp has the largest market share of any European port…
'Rena' Owners Reach Financial Settlement with NZ Government
The New Zealand Government & Daina Shipping Company settle amount due arising from the container ship's grounding on 5, October 2011. Keith Manch, Director of Maritime New Zealand, confirmed that Daina Shipping Company…
Singapore Container Terminal S$3.5-billion Expansion
SA Singapore Terminals (PSA) invests in infrastructure & the latest port technology to develop Phases 3 and 4 of its Pasir Panjang Terminal (PPT). PPT Phases 3 and 4 will feature an automated container yard equipped with…