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Following its takeover of UASC German container line Hapag-Lloyd is putting newbuilding orders on hold for the next few years.
11/18/2017 2:52:52 PM
The shipping industry must take responsibility for its fair share of carbon emissions in order to tackle climate change, according to global transportation conglomerate A.P. Moller – Maersk.
11/18/2017 2:51:34 PM
The United Nations Conference on Trade and Development (Unctad) has confirmed Greek shipowners remain the dominant force in the global industry, topping operators overall based on fleet capacity, while heading the wet and dry categories, and rising to third among containership fleets.
11/18/2017 2:51:08 PM
The European Maritime Safety Agency has released its Annual Overview of Marine Casualties and Incidents describing accidents reported by E.U. Member States, citing that during 2016, there were 106 reported fatalities, 957 injured, 26 ships lost and 123 investigations launched.
11/17/2017 2:42:54 PM
The UK Ship Register has signed its first ever unmanned vessel to the flag, showing how it is adapting to the changes of the maritime industry.
11/17/2017 3:00:00 AM
A fall in container freight rates is being driven by oversupply of vessels rather than a drop in demand according to analyst Crucial Perspectives.
11/17/2017 1:00:00 AM
Hapag-Lloyd closed the third quarter of 2017 with a significant positive Group net profit and a much improved operating result (EBIT). The integration with United Arab Shipping Company (UASC) is almost completed and on schedule to be finalized by the end of the year.
11/15/2017 11:54:51 AM
THE number of truly global container lines continues to shrink, with some familiar names missing from the latest rankings.
11/14/2017 3:55:20 PM
Malaysian port operator Westports Holdings Berhad saw its container volumes drop in the nine-month period ended September 30, mainly due to the industry’s recent mergers and acquisitions.
11/14/2017 1:59:33 PM
The number of incidents of piracy against ships in Asia in October increased compared to the same period in 2016. Nine incidents were reported in October 2017 compared to seven incidents reported in October 2016.
11/13/2017 12:03:57 PM
The idle containership fleet of over 500 teu has reached 157 units for 594,000 teu as at 30 October 2017, due mainly to the effects of void sailings carried out during the Chinese National Day ’Golden Week’ holidays.
11/12/2017 12:29:21 PM
On November 7, the Caribbean Princess became the first cruise vessel of the 2017/2018 cruise season to transit the Expanded Panama Canal.
11/10/2017 12:00:00 PM
While the intra-Asia trade has been held up as the next great thing the container industry, there remains debate about the perception that it is notoriously difficult to make money from.
11/8/2017 10:32:16 AM
The Iranian container ship, Touska, has been planned to return to Bandar Abbas once its embarking in the Chinese Port of Shenzhen is completed.
11/8/2017 9:32:14 AM
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