K Line is taking a JPY50bn ($448m) hit on the cancellation of charter contracts for bulkers and containerships.

Taiwan’s carrier Wan Hai Lines has announced to the stock exchange that it will not proceed to exercise options for four feeder boxships at China’s Guangzhou Wenchong Shipyard/China Shipbuilding Trading Company.

UK-based Cleanship Solutions announced that it has clinched a scrubber retrofit project for an unnamed vessel operator for over 30 containerships with capacity ranging from 7,500 teu to 15,000 teu.

Containerships first LNG-powered vessel has completed its first ship-ship LNG bunkering in the Port of Rotterdam.

Finland’s Containerships, a subsidiary of CMA CGM, has taken delivery of its first LNG-powered vessel.

Taiwan-based Evergreen Marine has inked an agreement with Taiwan International Port Corporation (TIPC) to lease five berths at the 7th container handling centre in Kaohsiung port.

Taiwan’s Wan Hai Lines has made a bumper order for 20 new container vessels with Japanese and Chinese shipyards.

Greece is still by some way the largest shipowning country, but the gap is closing as China’s fleet expansion continues at a rapid rate as it overtakes Japan for the number two position.

In line with a number of other vessel types there has been a surge in orders for scrubbers for containerships to meet the requirements of IMO's 2020 0.5% sulphur cap, according to analyst Alphaliner.

CMA CGM is continuing to expand an agreement to acquire Finnish regional operator Containerships.

Page 1 of 11