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Industry Sectors:Containers

Containers

Vancouver: Containership owner and manager Seaspan Corp reported strong profits for 2012 as utilisation rates held high along with a rise in ownership days.
Hong Kong: Emirates Shipping Line is to enter into a partnership with APL and OOCL on their China India Express Service (CIX). Emirates Line will be branding the service CIS…
Singapore: South Korea's STX Pan Ocean will downgrade its listing status on the Singapore Exchange from 8 March 2013.
Singapore: Container shipping's Asia-Europe trade in the first half of 2013 will see volumes dip year-on-year while the transpacific route will record 2-3% growth, according to Thomas Riber Knudsen, chief…
Bangkok: Thai box carrier Regional Container Lines (RCL) reported increased losses in 2012 along with a drop in liftings and significant vessel impairments.
Kuala Lumpur: Malaysia-based shipowner and shipbuilder Shin Yang Shipping Corporation is betting on stability of Malaysia's coastal shipping and its Middle East operations to support its business as it plunged…
Santiago: Chilean liner company Compania Sudamericana de Vapores (CSAV) was back in the black in the second half of 2012 reporting a net profit of $ 31.9m, compared to losses…
Oslo: Sinoceanic has announced a focus on refinancing for the coming year as it revealed a loss of $6m in the fourth quarter 2012 and a $21.5m loss for the…
Singapore: Samudera Shipping Line is looking to expand its Indonesian container shipping business as Asian regional markets remain under pressure.
Naples: The extensive repair work necessary to rectify damage related to the flooding of Emma Maersk's engine room will be undertaken at Fincantieri's repair yard in Palermo, Sicily.