Drewry has estimated 100,000 TEUs of scheduled new container ship capacity did not arrive on time in 2014 and will spill into this year, increasing supply pressure on an already heavily over supplied industry.
28 Nov 2014
United Arab Shipping Co. today named the industry’s first-ever LNG-ready ultra-large container vessel at Ulsan in Korea, with Sajir becoming the first of 17 vessels ordered by the carrier.
25 Nov 2014
The idle container ship fleet has fallen to its lowest level since the global financial crisis erupted in late 2008 , as port congestion on the U.S. West Coast and in Manila keeps vessels in work.
13 Nov 2014
Maersk Line CEO Soren Skou said today the world’s largest container line will likely order more Triple-E ships over the next six months.
12 Mar 2014
Box Ships posted its 11th consecutive quarterly profit, but the Greek container shipowner skipped a dividend payment to help it survive a slumping charter market.