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
04 Oct 2015
When the Panama Canal’s expansion is completed, likely next year despite the likelihood of fresh delays, it will immediately orphan a class of ships specifically designed to maximize use of the existing canal. This could have a big impact on container ship supply in coming years.
02 Oct 2015
Expectations of a rebound in daily rates for charter container ships following the end of the summer holidays are being quashed as container lines reduce their active route capacity.
25 Sep 2015
Danaos Corporation has launched a joint venture called Gemini Shipholdings to acquire secondhand container ships in a bid to capitalize on depressed prices.
18 Sep 2015
Seaspan Corp. has signed an agreement with the Export-Import Bank of China for up to $1 billion in export credit facilities to support the purchase and construction of vessels from Chinese shipyards within the next three years.
17 Sep 2015
The world’s container ship capacity has just broken through the 20 million 20-foot-equivalent units barrier after carriers set a new record for the shortest time to add one million TEUs to the fleet, according to Alphaliner.
10 Sep 2015
Cosco, China's largest shipping company, Wednesday ramped up its mega-ship ambitions by placing a $1.5 billion order for eleven 19,000 twenty-foot-equivalent unit container vessels, expanding its ultra-large containership orderbook from 11 to 20.
04 Sep 2015
Mitsui O.S.K. Lines is testing a container ship windshield that the Japanese carrier hopes will reduce wind resistance, save fuel, and reduce carbon dioxide emissions by an average of 2 percent.
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.