Capacity growth in the Asia-Europe liner trade will increase 6.5 percent in 2014 unless carriers cancel services or introduce more blank sailings, according to the latest analysis by SeaIntel.
Ships & Shipbuilding
News & Analysis
06 Nov 2013
Matson Inc. has signed a contract with Aker Philadelphia Shipyard for two new dual-fuel container ships that can be powered by either liquid natural gas or diesel fuel.
31 Oct 2013
Seaspan reported its net income in the third quarter of 2013 was $48.0 million, spiking 169.7 percent year-over-year from $17.8 million.
24 Oct 2013
Costamare’s net income jumped to $20.9 million in the third quarter from $12.5 million a year ago as the Greek charter shipowner ordered its first container vessels with its U.S. equity partner, York Capital Management.
11 Oct 2013
Seaspan canceled plans it had announced on Oct. 7 to sell additional common stock and convertible notes.
08 Oct 2013
OOCL has christened a 13,208-TEU vessel on Geoje Island in South Korea.
05 Oct 2013
Christening ceremonies were held Friday in Los Angeles for the APL Savannah, a container ship capable of carrying 9,200 20-foot container units that exemplifies the direction the carrier is taking with its massive vessel order book.
02 Oct 2013
Navios Maritime Holdings has taken delivery of two Panamax vessels for its owned fleet.
24 Sep 2013
Diana Containerships, through a separate wholly-owned subsidiary, has taken delivery of the Pucon, a 2006-built post-Panamax container ship of about 6,500 20-foot-equivalent capacity.
23 Sep 2013
Rickmers Group, the German shipowner, has established a joint venture with funds linked with U.S.-based Apollo Global Management to buy container ships.