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.
Ships & Shipbuilding
Ships & Shipbuilding
News & Analysis
25 Nov 2014
Clarksons, the world’s largest shipbroker, is paying £281.2 million [US $440 million] for its Oslo-based rival RS Platou, in a record deal likely to accelerate consolidation in the sector.
24 Nov 2014
Diana Containerships swung back to profitability in the third quarter, reporting a net profit of $1.4 million on higher charter rates after losing $700,000 in the same period a year ago.
19 Nov 2014
Ports are set to dominate container shipping strategy with the focus on terminal productivity and capacity expansion, industry analysts said at the JOC Group’s Port Performance Conference Europe in London.
14 Nov 2014
Clarksons, the world’s largest shipbroker, is in talks to acquire its Norwegian rival RS Platou as the consolidation of the maritime services sector gathers pace
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.
04 Nov 2014
The global order book-to-fleet ratio is the lowest it’s been in 15 years, Alphaliner said today, though it could soon rise as carriers are expected to place orders for larger ships later this year.
22 Oct 2014
Construction on Crowley’s two vessels powered by liquefied natural gas began today, with the first of the pair slated for delivery in second-quarter 2017 and the second expected later that year.
15 Oct 2014
A record number of ship deliveries will combine with declining scrapping rates and mid-single-digit growth in volume to extend the gap between container ship supply and demand through 2015, according to a leading maritime research consultant.
30 Sep 2014
Nearly $300 million in subsidies were given to four Chinese ship lines today, as the Chinese government begins to roll out parts of a six-year plan to update its shipping industry.