Mitsui O.S.K. Lines, Ltd. announced an upgrade to its Asia-East Coast South America Service (CSW). From July 2011 through 2012, MOL will launch a total of 10 new 5,600 TEU containerships which will replace its currently-operated vessels on the CSW…
On Saturday, 23 July 2011, Hamburg Süd christened the container ship “Santa Cruz” in Shanghai. Sponsor of the “Santa Cruz” was Heike Schmidt, wife of Dr Heino Schmidt, Member of the Executive Board of Hamburg Süd. Santa Cruz is the fourth…
Drewry Shipping Consultants and The Cleartrade Exchange announced that the World Container Index (WCI), the first Europe-based assessment of container freight rates and index production, is scheduled for launch in September 2011.The index…
Georgia Ports Authority’s (GPA) Executive Director Curtis J. Foltz announced that the GPA handled more than 2.9 million TEUs (Twenty-foot Equivalent Unit containers) at the Port of Savannah, more than 465,000 automobiles and machinery units at the Port of Brunswick and nearly 2…
Drewry Shipping Consultants and The Cleartrade Exchange have announced that the World Container Index (WCI), the first Europe-based assessment of container freight rates and index production, is scheduled for launch in September 2011.The…
Maersk Line, Limited (MLL) has been awarded a multi-year contract for the operation and maintenance of five container and rollon/roll-off ships in support of the Military Sealift Command’s (MSC) and the Marine Corps Prepositioning Program.These “Bobo-class” vessels…
Box Ships Inc., a shipping company specializing in the transportation of containers, announced today that it has entered into an agreement with an unaffiliated third party to purchase the MSC Emma, a 5,060 TEU Panamax containership built in 2004 at the Hanjin Heavy Industries shipyard in Korea…
After the critical shortages of containers of last year, production has picked up again, but high container prices and a tight ratio of containers to vessel slots will continue to constrain the availability of boxes, according to the Container…
Diana Shipping Inc.(NYSE:DSX), a global shipping transportation company specializing in dry bulk cargoes, announced today that the Company has taken delivery on July 7, 2011 of the m/v 'Corona', renamed 'Arethusa', a 73,593 dwt Panamax dry bulk carrier built in 2007…
The year 2012 looks set to be the biggest year for containership newbuilding deliveries in history, in terms of TEU capacity entering the cellular fleet. According to Braemar Seascope's latest Containership Fleet Statistics, boxship deliveries in 2012 are expected to reach 1…
NOL Group confirmed it has signed contracts with Korea's Daewoo Shipbuilding & Marine Engineering Co. and Hyundai Samho Heavy Industries Co., Ltd to build 12 new container vessels, including ten of its largest vessels. The confirmation follows…
At a signing ceremony in Tokyo, Japan, Maersk Line exercised its option with Korea’s Daewoo Shipbuilding & Marine Engineering Co., Ltd. to build an additional 10 Triple-E ships.The event follows Maersk Line's order in February this year for…
Container shipping line APL has announced a new fuel surcharge formula in the Trans-Pacific Trade that reflects the financial impact of slow-steaming, the industry-wide practice of reducing vessel speed to reduce fuel consumption, control costs and reduce emissions…
Another naming ceremony for two 13,100TEU container vessels being built for the Rickmers Group took place on 31 May at the Ulsan shipyard of Hyundai Heavy Industries. TAURO RICKMERS and LIBRA RICKMERS are the final two ships in an eight-ship…
The new generation of 10,000 TEU container vessels contracted in China by Seaspan represents major improvements in energy efficiency, cargo capacity, operational efficiency and emission reductions. The new features have been developed in a collaboration between Seaspan…
