Ships & Shipbuilding

Ships & Shipbuilding

Commentary

These are heady days for Hamburg, with its home carrier Hapag-Lloyd on the verge of acquiring the Chilean line CSAV’s container assets to leapfrog a couple of Asian rivals into fourth place in the global rankings just five years after it was rescued from a near-certain bankruptcy and a humiliating takeover by Singapore’s Neptune Orient Lines.

News & Analysis

28 Aug 2014
An investment consortia including the U.S. private equity giant Kohlberg Kravis Roberts has acquired a portfolio of nine feeder container ships previously owned by German KG funds.
12 Aug 2014
Bulk and tanker shipowner Scorpio Group said today that it will enter the container ship market by helping to build the l
07 Aug 2014
Rickmers Maritime’s profit more than doubled in the second quarter as the Singapore-based container shipowner got a 20 percent discount on an early loan repayment.
06 Aug 2014
The idle container ship fleet has fallen to a three-year low but likely will start to grow again at the beginning of the fourth quarter as the peak shipping season draws to a close, according to Alphaliner.
01 Aug 2014
More than a year after the container ship MOL Comfort and its 4,382 containers sank in the Gulf of Aden, shippers are watching developments in a Japanese court and awaiting a classification society’s report on the sinking.
25 Jul 2014
Costamare’s revenue and net income grew in the second quarter as the Greek container shipowner boosted its fleet of chartered vessels.
23 Jul 2014
German banks’ toxic shipping loans are a matter of concern ahead of the European Central Bank’s stress tests, the International Monetary Fund warned.
18 Jul 2014
The Port of Antwerp plans to build a bunkering station to encourage use of liquefied natural gas by self-propelled river barges.
08 Jul 2014
Industry professionals will study the ramifications of liquefied natural gas leaks to get a better handle on the scope of accidental incidents.
07 Jul 2014
Minsheng Financial Leasing will receive $295 million from the Korean and Chinese export-import banks to build three 18,400-TEU ships that will be leased to Mediterranean Shipping Co. in the second half of 2015.