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…
NOL Group announced the resignation of Eng Aik Meng as President of its APL shipping business. The container transportation and logistics group has named Kenneth Glenn, currently President of its North Asia Region, as his replacement.NOL said Mr…
Today, Maersk Line CEO, Eivind Kolding, addressed the container shipping and logistics industry as the keynote speaker at the TOC conference in Antwerp, Belgium. His message was clear and simple: If container shipping is to secure its license to operate in the future…
ATHENS, Greece, May 19, 2011 – Box Ships Inc., (NYSE: TEU), or the Company, a global shipping company specializing in the transportation of containers, announced today that it has taken delivery of the MSC Siena, a 4,546 TEU container vessel built in 2006…
Japan is waging a public relations war as it struggles to control the nuclear contamination threat at home while playing down the concerns of consumers abroad. Fears of tainted goods from the battered nation are affecting trade flows, with regional…
ATHENS, Greece, May 9, 2011 – Box Ships Inc., (NYSE: TEU), or the Company, a global shipping company specializing in the transportation of containers, announced today that it has taken delivery of the Maule, a 6,589 TEU container vessel built in 2010…
South Africa’s state-owned freight transport and logistics giant Transnet Limited today celebrated a significant milestone in its R5.4 billion expansion of the Cape Town Container Terminal. On completion, the five-year project will double the terminal’s capacity to 1…
On the May 1, “Straits Tankers Pte Ltd”, a MOL and Hafnia Management strategic J/V set up in Singapore, will be ready to market 25 coated LR1’s, entered into the “Straits Tankers LR1 Pool”. The goal is to further utilize the fleet to flexibly…
Hamburg, 22 February 2011. On Monday, 21 February 2011, as part of a customer event, Hamburg Süd christened the “Santa Isabel” in Singapore. She is the second of ten identical container vessels with a capacity of 7,100 TEU each. This makes them not only the largest ships ever built for Hamburg Süd…
Maersk Line signed a contract with 's Daewoo Shipbuilding & Marine Engineering Co., Ltd. to build 10 of what the company terms as the world's largest and most efficient vessels, with an option for an additional 20 vessels. Scheduled for delivery between 2013 and 2015…
