Container Ships

Matson Announces Quarterly Dividend

Matson, Inc. declared a first quarter dividend of $0.17 per common share, the company’s board of directors announced. The dividend will be paid on March 5, 2015

Reftrade Upgrades Fleet Refrigeration Systems

Reftrade UK  has made an investment  to upgrade its fleet with environmentally friendly technology. The world’s first refrigeration system to use CO2 as a natural refrigerant,

China Watching Greece After Port Sale Shelved

China is closely monitoring the policies of the new Greek government after Athens said this week it will stop the sale of a majority stake in Greece's biggest port,

Maersk McKinney Moller Sets Container Loading Record

18,612 TEUs is the new world record for container loading, and was won by Maersk Line's Triple E Class vessel, Maersk Mc-Kinney Moller, first in the series of behemoths Danish company,

Pacifica Rolls Out New Container Vessel

Pacifica Shipping, New Zealand's coastal shipping company, is launching a new container vessel from March replacing a smaller vessel whose charter has ended, reports The Stuff.

Puget Sound Container Volumes Flat in 2014

Container volumes through Puget Sound’s largest container ports remained flat in 2014, according to numbers released jointly for the first time by the ports of Seattle and Tacoma.

Evergreen to Charter 11 Containerships

Evergreen Group signed time charter agreements with Shoei Kisen Kaisha, Ltd. (Shoei) to charter a total of 11 18,000 TEU vessels, which include the six units of

West Coast Port Talks Clear Hurdle

Shipping companies and the union for 20,000 dockworkers at nearly 30 U.S. West Coast ports have cleared a major hurdle in their protracted labor talks, clinching

Nigerian Shippers Council Bans Illegal Port Charges

 The Nigerian Shippers Council (NSC) has urged ports service providers to stop the collection of any illegal charges not statutorily approved, says a Council press statement.

Malta Shipping Register is World's 6th Largest

Malta ship register becomes the sixth largest worldwide, remains largest in Europe. As at end of December 2014, the registered gross tonnage under the Merchant Shipping Act was 57.

CakeBoxx, Globe Tracker Partner for Asset Tracking

Globe Tracker International, a company in global autonomous asset tracking, monitoring, remote management and data sharing services, and CakeBoxx Technologies,

ZIM Launches Monitoring and Tracking Service

ZIM integrated shipping services has announced the launching of a new monitoring, tracking and security services package, specifically designed for valuable and

Maersk Line to Increase Asia-Europe Rates

Maersk Line, part of Denmark's A. P. Moller-Maersk, plans to increase shipping freight rates for transporting containers from ports in Asia to Northern Europe by

COSCO Piraeus Pier III Inaugurated

  The Inauguration of the Expansion of Pier III of COSCO Piraeus Container Terminal(PCT) was held yesterday. Premier Li Keqiang of China sent a congratulatory message, which was read by Mr.

Nordbank Eyes Bad Shipping Debt Deals

The world’s largest financier of ships HSH Nordbank AG wants to move forward in 2015 with the removal of bad shipping loans that racked up during a seven-year glut in the global container fleet,

China Exim Bank, SWS Sign $312m Financing Deal

Shanghai Waigaoqiao Shipbuilding  (SWS), a  yard owned by the industrial conglomerate China State Shipbuilding Corp (CSSC), has secured a US$312million loan from

DB Schenker, Maersk Line to Cut CO2 Emissions

DB Schenker Logistics and Maersk Line have signed a six-year strategic agreement on reducing CO2 emissions from ocean freight. The partnership emphasizes the companies'

Maersk Line Gets new AEO number

  Maersk Line has been re-certified as an Authorised Economic Operator (AEO) with the AEO-F, the highest achievable accreditation in the European Union programme.

RUMBA Sails with 'Spirit of Malabo' Onboard

  A container carrying the twenty-four foot Brazilian built ocean rowboat, Spirit of Malabo, left the Port of Cap Haitian on Saturday en-route to Port Everglades

Batangas Port Sets Container Record

Batangas Container Terminal (BCT) set a new record in 2014 for containers handled, says its operator Asian Terminals, Inc. (ATI).  Port handled over 98,000 twenty-foot-equivalent

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