Industry Sectors:Containers

Containers

The port of Singapore has moved lower container throughput in February compared to the year-ago figure, according to preliminary estimates from the Maritime and Port Authority of Singapore (MPA).
HSH Nordbank has rejected the latest restructuring proposal for Rickmers Maritime from financial advisor Ferrier Hodgson.
CMA CGM returned to profitability in the fourth quarter of 2016 despite racking up a $452m loss of the year as a whole.
China’s Shanghai port has registered a small increase in container throughput for February compared to the year-ago period, according to data from Shanghai International Port (Group) Co (SIPG).
International Container Terminal Services Inc (ICTSI) is terminating its 25-year lease at the Port of Portland at a cost of $11.45m.
Sinotrans Shipping has posted a larger loss for 2016 compared to 2015 due mainly to vessels impairment as a result of the depressed shipping market.
THE Alliance has announced plans for contingency plans against a Hanjin Shipping style bankruptcy from one of its members as it unveils its service network to be rolled out on…
Hutchison Ports has signed a formal contract with Ports of Sweden to operate the new container terminal under construction at Stockholm Norvik Port, due to open in 2020.
While there was a slight rise in rates at the end of last year after the Hanjin Shipping collapse, this was not sustained and lines will have to make hard…
The new Liverpool2 deepwater container terminal in northwest England received the largest ever containership to visit the Port of Liverpool when the 6,552 teu HS Paris berthed earlier this week.