Industry Sectors:Containers

Containers

Although the idle containership fleet has dropped below 500,000 teu it could pass the 1m teu level by the turn of the year as an onslaught of newbuildings hits the…
Qatar Navigation (Milaha) has reported a sharp fall in first half profit as the company attributed the reduced earnings on the protracted downturn of the marine industry across all sectors.
Container carrier CMA CGM will launch a new direct service later this month linking the Black Sea to Algeria and Morocco, in line with the carrier’s strategy of developing short…
Containership owner Danaos Corp says it yet to see “meaningful improvement” in the charter market.
Niche container carrier Wan Hai Lines was the most reliable in Q2 as overall reliability for the sector improved according to analysts SeaIntel.
UAE’s Abu Dhabi Ports (ADP) has signed a $300m investment cooperation agreement with China’s Jiangsu Province to strengthen economic ties in the free trade zone (FTZ) area in Khalifa port,…
Just when it seemed it was a case of plain sailing for Cosco Shipping’s plans to further develop Greece’s Piraeus as Asia’s gateway to much of southern Europe a new…
One of the world’s largest shipowners Nippon Yusen Kaisha (NYK) returned to the black in the first quarter ended 30 June 2017 and has maintained its full year profit forecast.
Seaspan Corp co-founder and ceo Jerry Wang is set to retire at the end of the year.
Mitsui OSK Lines (MOL) has upped its full year profit forecast for the year ended 31 March 2018 by 20% to JPY12bn ($108.5m) as it forecasts a gradual improvement in…
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