Container Ships News

 

Oakland Container Volumes Down 1.8% in 2019

Jan 19, 2020

The container ship facility located in the San Francisco Bay, Port of Oakland 2019 container volume decreased 1.8 percent from 2018. The Port attributed the decline to fewer empty containers but said loaded import and export containers were at a record high…

Port NOLA Sets New Box Record

Jan 16, 2020

Louisiana’s only international container port Port of New Orleans (Port NOLA) moved more containers in 2019 than at any time in its history, totaling 648,538 twenty-foot equivalent units (TEUs), up 10% compared to one year ago.The multimodal…

HMM to Launch Mega-Ships in April

Jan 13, 2020

South Korean logistics major Hyundai Merchant Marine (HMM) will introduce the largest container vessels of the world in April. These mega-ships will be deployed on the company’s Asia-Europe services.According to BusinessKorea HMM will put into operation a total of 12 24…

ZIM Starts Seasonal Reefer Service

Jan 13, 2020

Israeli shipping company ZIM said it has commenced a seasonal reefer service from Egypt starting January 10.The weekly, fixed-day ZIM Egypt - Black Sea Express (EBX) 2020 seasonal reefer service provides a direct link from Alexandria to Novorossiysk NUTEP modern terminal…

US Retail Imports Normalizing After Tariff Surges

Jan 10, 2020

U.S. retail imports are beginning to settle down following a year of fluctuations driven by the uncertainty of the trade war with China, industry experts say.Volume at the nation’s major retail container ports is expected to return to its usual seasonal patterns during the first few months of 2020…

NMM Acquires Five Containerships

Jan 09, 2020

Greek owner and operator of dry cargo vessels Navios Maritime Partners has taken delivery of five containerships upon the liquidation of Navios Europe.The five vessels comprise three Sub-Panamaxes and two Panamaxes, has been acquired for about USD 52 million…

Hapag-Lloyd Opens Center in Mauritius

Jan 07, 2020

German international shipping and container transportation company Hapag-Lloyd AG has opened a new Quality Service Center (QSC) in Mauritius. The QSC will explicitly serve Africa, one of Hapag-Lloyd's fastest growing markets.Quality Service…

HMD Confirms Evergreen Boxship Order

Jan 05, 2020

South Korean shipbuilder Hyundai Mipo Dockyard (HMD), a unit of Hyundai Heavy Industries (HHI), has confirmed the KRW 110 billion ($100m) newbuilding order for four units of 1,800 TEU container carriers from Taiwanese shipping line Evergreen Marine Corporation…

Containership Grounds in the Bosphorus Strait

Jan 02, 2020

A foreign cargo ship ran aground in Istanbul's Bosphorus strait on Friday, requiring a rescue operation and prompting authorities to temporarily close the picturesque and crowded waterway running through Turkey's largest city.There were no injuries or casualties…

Maersk Outlines Year in Review, Outlook

Dec 23, 2019

Steve Felder, Managing Director, Maersk South Asia has outlined the developments in 2019 and what we can expect in 2020:“While the global container demand was lower in 2019 due to weaker growth in the global economy, India witnessed a broad…

US Box Ship Rescues Iranian Mariners

Dec 23, 2019

A U.S.-flagged merchant vessel Maersk Kinloss rescued three Iranian mariners who had been stranded at sea for several weeks.The Maersk company informed U.S. Naval Forces Central Command (NAVCENT) of the December 18 rescue.The stranded mariners were transferred to the Omani coast guard…

Maersk India Trade Report Q3 2019

Dec 20, 2019

India’s import and export container trade in Q3 2019 (July-September) remained flat as compared to global growth of 1.5%. The slowdown is aligned closely with the weaker domestic demand, as well as a reflection of the broad-based cyclical weakening…

Capital Product Partners Acquires Boxship Trio

Dec 18, 2019

Capital Product Partners (CPLP), a Greek shipping company engaged in the seaborne transportation, has agreed to acquire three 10,000 TEU sister container ships for USD 162.6 million from Capital Maritime & Trading Corp.The ships, M/V Athos, the M/V Aristomenis and the M/V Athenian…

Vado Gateway Container Terminal Opened

Dec 12, 2019

The international container terminal operating company APM Terminals (APMT) said it has opened a new container terminal in Vado Ligure, on the Italian Riviera, which will be capable of handling 900,000 TEUs of containerized cargo.APMT has a 50…

Yang Ming Sets-up Shop in China

Dec 08, 2019

Taiwanese ocean shipping company Yang Ming Marine Transport Corporation has formed a new subsidiary with un-named partners in Shanghai named Huan Ming (Shanghai) International Shipping Agency.The subsidiary will begin operating on 1st January…

Logistics News

DP World Puts Cars in Containers

DP World Puts Cars in Containers

Freeport LNG Seeks to Restart More of Export Plant in Texas

Freeport LNG Seeks to Restart More of Export Plant in Texas

Cargill Faces Brazil Criminal Probe

Cargill Faces Brazil Criminal Probe

Major Port Hedland Navigation Project Completed

Major Port Hedland Navigation Project Completed

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