Container Ships

Chevron To Find Buyers for Hawaiian Refinery

  Chevron Corp has hired an investment bank to identify potential buyers of its 54,000 barrel-a-day refinery in Kapolei on the Hawaiian island of Oahu, a company official said.

South Carolina Ports Container Volume Up by 13%

  SC Ports Authority reported container volumes up 13 percent fiscal year to date, a strong start to the first two months of the fiscal calendar. The SCPA handled 163,

Global Ship Lease to Acquire Containership

Global Ship Lease, Inc. has  announced  that it has agreed to acquire a 8,063 TEU containership from a leading container liner company for a purchase price of $55 million.

Maersk Sees US Approval of Shipping Alliance as Formality

U.S. regulatory approval of a proposed shipping alliance involving AP Moeller Maersk should be a formality, the Danish company's chief executive said on Wednesday.

Cargo Container Security Alliance Formed

SC-integrity, Inc. (LoJack SCI) and Contguard Ltd. announced a strategic alliance designed to provide their customers with security and real-time visibility of

Port of Long Beach Sees Cargo Numbers Slip

  Container cargo shipments declined by 9.1 percent in August at the Port of Long Beach, reflecting both early shipping by importers this year and the comparison

Seaspan Agreement with GCII & Blue Water

  Seaspan Corporation announced today that it has entered into an agreement with Greater China Intermodal Investments LLC and Blue Water Commerce, LLC to extend

Haze and Reduced Visibility at Singapore Ports

  Due to the presence of haze, the Maritime & Port Authority of Singapore Port Marine in their Notice No.113 of 2014 dated 15 September 2014 have informed the

CMA CGM Awarded for CSR Performance

The results of the evaluation of the Group in terms of CSR (Corporate Social Responsibility) have just been published by EcoVadis, a rating agency specialized in

T&T Salvage Refloats Containership

Damn the Torpedoes: T&T Salvage completes another successful OPA 90 response T&T Salvage and their strategic response partner, Cabras Marine, successfully refloated a 17,

First LNG Containership Receives ME-GI Engine

Late last month, NASSCO engineers placed the world’s first dual-fuel slow speed engine into the World’s First Liquefied Natural Gas (LNG) powered containership.

Port of LA Container Volumes Strongest Since 2010

The Port of Los Angeles has released its August 2014 containerized cargo volumes. In August 2014, overall volumes increased 6.7 percent compared to August 2013.

Sharp Slowdown in China Industrial Activity

The slowdown in Chinese industrial production growth ads to the existing concerns that China is going through challenging times, as Beijing aims for a soft landing and a transition of the economy,

Ocean Three Containership Alliance v the Rest: DMR Analysis

Last Tuesday’s announcement of the formation of the “Ocean Three” alliance – actually a combination of vessel sharing, slot exchange and slot charter agreements

Yang Ming Extends Charter Terms for Five 14,000-TEU Ships

  Seaspan Corporation announced today that Yang Ming Marine Transport Corp., has confirmed the term of the fixed-rate time charters for the five 14000 TEU SAVER

Post-Panamax Ship Delivered to Diana Containerships

Diana Containerships Inc., a global shipping company specializing in the ownership of containerships, today announced that, through a separate wholly-owned subsidiary,

Asia-Europe Container Freight Rates Fall 6.6%

Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell by 6.6 percent to $1.055 per 20-foot container (TEU) in the week ended on Friday,

American Maritime Industry Booming Testifies AMP

The U.S. House Subcommittee on Coast Guard and Maritime Transportation today heard first hand about America’s booming domestic maritime industry from Mark Tabbutt,

Hapag-Lloyd, CSAV Merger Wins Conditional EU Approval

Hapag-Lloyd and Compania SudAmericana de Vapores (CSAV) secured conditional European Union approval on Thursday for their tie-up to create the world's fourth-largest container shipping company.

Marlink VSATs Chosen for UASC Containerships

United Arab Shipping Company (UASC) has selected WaveCall Plus VSAT (Very Small Aperture Terminal) services from Marlink to provide reliable connectivity for its new build fleet of 17 containerships,

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