The port operation challenges associated with mega-container ships, which only will grow as dozens of these ships enter service in the next few years, is a key issue pointing to the likelihood that conditions at ports will get worse before they get better.
Ships & Shipbuilding
Ships & Shipbuilding
News & Analysis
30 Aug 2015
When Atlantic Container Line in the next couple months introduces the first of five of the world’s largest multipurpose ro-ro/container ships, the symbolism will be stark. The vessels, after all, will carry cargo moving across the Atlantic for shipping sectors heading in opposite directions — the roll-on, roll-off market being a rising star and the containerized trade staring at a sudden, unexpected downturn.
26 Aug 2015
It is common knowledge by now that shippers and carriers benefit from the lower transportation costs that large container ships offer, but a new report makes a strong argument that mega-ships are significantly reducing the carbon footprint of ocean shipping.
25 Aug 2015
Bunker fuel prices in Singapore, the world's biggest bunkering port by sales volumes, fell to their lowest point since 2005, giving container lines suffering from low Asia-Europe spot rates a dose of good news.
21 Aug 2015
Mediterranean Shipping Co. is set to grow its fleet by 10 ships of more than 10,000 20-foot-equivalent units in the coming years.
19 Aug 2015
The fleet of idle container ships over 500 twenty-foot-equivalent units rose to 149 on August 10 from 127 at the end of July and is set to increase in the coming weeks amid a weak peak shipping season and the rising number of blanked sailings on the Asia-Europe route, according to Alphaliner.
15 Aug 2015
Mega-ships have come to dominate conversations in carrier boardrooms, halls of policy, and ports around the world as the industry contemplates and discusses the costs and benefits of these engineering marvels.
05 Aug 2015
Global Ship Lease, the NYSE-listed container ship-owner, has started to pay dividends as it reported strong second-quarter results and signalled its intention to grow its charter fleet.
04 Aug 2015
Greek container ship-owner Danaos more than doubled second-quarter earnings as it continued to cut financing costs and increased its charter revenue.
30 Jul 2015
Diana Containerships, the Greek charter ship-owner, posted increased second-quarter net income of $891,000 against $633,000 a year ago.
23 Jul 2015
Ocean carriers are spending heavily on new ships but are less keen to invest in new containers, according to Drewry Maritime Research.