Alphaliner:
The period of rate stability in container shipping that followed the bankruptcy of Hanjin Shipping is coming to an end according to analyst Alphaliner.
News ID: 76296 Publish Date : 2017/09/16
The global container shipping segment is unlikely to see more major merger and acquisition (M&A) deals following the latest takeover of Orient Overseas (International) Limited (OOIL) by Cosco Shipping, according to AlixPartners.
News ID: 74990 Publish Date : 2017/07/17
CMA CGM is attempting to impose additional fees on shippers for costly late cancellations or “no-shows”.
News ID: 74465 Publish Date : 2017/06/14
Drewry:
The majority of container shipping lines lost money in the first three months of 2017, but higher rates and fast-growing demand will soon show on the bottom line, according to shipping consultancy Drewry.
News ID: 74194 Publish Date : 2017/05/31
THE movement towards consolidation in the container sector is not yet over and will have a dramatic effect on smaller operators and terminals, according to SeaIntelligence chief executive Lars Jensen.
News ID: 74184 Publish Date : 2017/05/29
CONTAINER volumes on the Asia-Europe trade fell sharply in February against last year in account of the early Chinese New Year.
News ID: 73342 Publish Date : 2017/04/09
COSCO Shipping Holdings, the world’s fourth largest boxship owner, is delaying the delivery of six 20,000 teu containerships on order from 2018 to 2019, as part of an effort to fend off another price war on Asia-Europe trades.
News ID: 73198 Publish Date : 2017/04/04
JAPANESE shipbuilders received nine newbuilding export orders totalling 654,700 gt last month, up 68% year on year in tonnage terms from seven orders amounting to 389,500 gt in February 2016.
News ID: 73052 Publish Date : 2017/04/03
VIETNAM, keen to repeat China’s success in manufacturing and trade, has received its first ultra large containership, Margrethe Maersk, at the APM Terminals’ Cai Mep International Terminal.
News ID: 72510 Publish Date : 2017/02/21
As merger mania continues to grip container shipping Taiwan’s Yang Ming Marine Transport Corp has ruled out that it will merge with another line.
News ID: 71732 Publish Date : 2017/01/20
The harsh conditions in the container shipping market during the 2016 have led to a drop of large-scale international carriers to 17 as at January 2017, down from 20 a year ago, according to Alphaliner.
News ID: 71528 Publish Date : 2017/01/13
COSCO Container Lines Co., Ltd. has changed its company name to COSCO Shipping Lines Co., Ltd. (“Our Company”).
News ID: 71325 Publish Date : 2017/01/03
New container trades entrant Korea Line Corp is set to launch two transpacific services in April next year according to Alphaliner.
News ID: 70874 Publish Date : 2016/12/14
:Alphaliner
Following the merger of container line businesses of Japan’s “big three” owners, the top seven container lines will control over 65% of global capacity according to analyst Alphaliner.
News ID: 70045 Publish Date : 2016/11/04
Container carrier CMA CGM and electric utility firm ENGIE have signed a memorandum of understanding (MoU) to promote the use of LNG as marine fuel for containerships.
News ID: 69684 Publish Date : 2016/10/20
China’s COSCO Shipping Development Co Ltd announced a proposed nonpublic issuance of about 3.28 billion shares to specific investors, including its parent company, to raise up to 12 billion yuan ($1.79 billion), reports China Daily.
News ID: 69537 Publish Date : 2016/10/30
China Shipping Container Lines (CSCL) has proposed to change its name to Cosco Shipping Development Co, in line with the company’s future business strategy and as a group member of China Cosco Shipping Corporation (Coscocs).
News ID: 66268 Publish Date : 2016/07/16