Ships & Shipbuilding

Commentary

The term “unsustainable” has been used frequently for years in describing the container shipping industry; when it is, the eyes start rolling. Despite the persistence of rising costs, lack of profitability and slowing growth faced by the major container lines, the industry has, in fact, been quite sustainable. But a day of reckoning is approaching.

News & Analysis

17 Apr 2014
Vehicle carriers are increasing their share of the roll-on, roll-off market while conventional ro-ro vessels are in decline, according to a new report by the Dutch consulting firm Dynamar.
Illustration of possible remote-controlled vessels
15 Apr 2014
Imagine a cargo ship with no crew and no bridge, operated remotely by a captain from a console on dry land.
10 Apr 2014
HSH Nordbank, the world’s largest ship financier, today announced its net loss soared to €814 million ($1.1 billion) in 2013 from €124 million ($172.4 million) in 2012, and said it doesn’t expect the global shipping market to recover before 2015 at the earliest.
07 Apr 2014
With container shipping barely out of the starting gate with liquid natural gas as a ship fuel, major ports around the world are anticipating a rapid ramp-up of LNG use in shipping and are angling to be prepared.
07 Apr 2014
The Marine Department is waiting for the owners of the Hansa Constitution, which ran aground on the south side of Hong Kong island yesterday, to make a decision on how the vessel’s cargo of containers will be removed.
06 Apr 2014
The German-flagged container ship Hansa Constitution veered off course in the busy Lamma Channel off Hong Kong and ran aground on Sunday afternoon.
01 Apr 2014
MPC Group and Thien & Heyenga, the leading German ship management companies, have taken over the financially troubled Ahrenkiel Group in the latest consolidation in the nation’s crisis-ridden charter shipping sector.
26 Mar 2014
The container shipping industry’s supply and demand will become “finely balanced” this year...
Maersk Line Triple E mega-ship Majestic Maersk
24 Mar 2014
The millennia-old insurance principle called general average, which pools the cargo and hull liabilities in a marine disaster, won’t work in an age when container ships of up to 18,000 20-foot equivalent units might be lost.
21 Mar 2014
Ocean container lines and the shipowners that lease ships to them are suspending new ship orders for fuel-efficient mega-