Ships & Shipbuilding

Ships & Shipbuilding

Commentary

Conventional wisdom held that 2015 would represent the end of the five-year wave of ship deliveries. But there seems to be no slowing carriers’ drive for ordering the ever-larger vessels.

News & Analysis

09 Mar 2015
Clarksons posted higher profit and revenue in 2014 but the world’s biggest maritime services company said it faces “extremely challenging” conditions in some shipping markets.
09 Mar 2015
A new design for a refrigerated ship built for banana shipments and roll-on, roll-off cargo promises more capacity, faster loading and unloading, and better fuel efficiency than its counterparts, its designer says.
06 Mar 2015
A final Japanese government report on the 2013 break-up and sinking of the MOL Comfort has called for amended ship design requirements to better ensure the safety of large container ships.
05 Mar 2015
The idle container ship fleet has increased over the past two weeks and likely will continue to grow as a steady stream of new vessels is delivered, according to industry analyst Alphaliner.
02 Mar 2015
MOL on Monday confirmed orders and charters for six 20,150-TEU vessels that catapults the Japanese carrier into the ranks of the operators of the world’s largest container ships.
02 Mar 2015
Rickmers Group, the leading German ship owner and manager, said it has successfully concluded negotiations with its bankers to restructure 1.28 billion euros (US$1.43 billion) of loans.
24 Feb 2015
Less container ship capacity is expected to be scrapped this year, as the price of steel continues to drop and the pool of older vessels shrinks, analysts say.
24 Feb 2015
Seaspan’s net profit for 2014 fell 56 percent year-over-year to $131.2 million, although the container ship owner reported that its “normalised net earnings” grew by 14.6 percent to $139.1 once the results were adjusted to account for items it did not consider representative of its operating performance.
17 Feb 2015
While Greece struggles to escape financial ruin and an exit from the eurozone, it has cemented its position as the world’s leading shipping nation.
10 Feb 2015
Danaos Corp.’s most recent earnings highlighted an improving container ship charter market as the Greek ship-owner posted a 56 percent increase in adjusted net income in the fourth quarter of 2014.