Ships & Shipbuilding

Ships & Shipbuilding

Commentary

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.

News & Analysis

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.
22 Jul 2015
Greek shipowner Costamare and U.S. hedge fund York Capital Management have extended the investment period of a joint venture that has spent $1.1 billion on new and secondhand container ships since it was established two years ago.
22 Jul 2015
The average port delay of mega-ships at five major European gateways in June was just half that of the overall average vessel delays at the ports, according to the surprising findings of a study by CargoSmart.
20 Jul 2015
Shreyas Shipping and Logistics last week said it took delivery of two more container ships that make it the largest Indian short-sea ship operator in terms of fleet size
14 Jul 2015
After losing power and nearly running aground, the Hanjin San Diego has arrived at its destination.
11 Jul 2015
The summer lull has gripped the box ship time charter market, with rate levels in most size classes edging down week over week.
08 Jul 2015
A container ship sunk off the coast of Phuket, Thailand in stormy weather roughly three miles from shore.
08 Jul 2015
T.S. Lines has placed an order with CSBC for two ships with capacities of 1,800 TEUs to capitalize on its position as a niche carrier in the profitable and fast-growing intra-Asia trade.
08 Jul 2015
Maersk Line has signed a $1.1 billion contract for nine 14,000-TEU ships from Korea’s Hyundai Heavy Industries, its third major order this year, as it accelerates a $15 billion investment program aimed at consolidating its ranking as the world’s largest ocean container carrier.
08 Jul 2015
The number of idled container ships of over 500 20-foot-equivalent units has risen to 108 from 82 two weeks ago and the figure is set to rise amid weak cargo demand, according to Alphaliner.