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Container Ships

Containership Scrapping: Sizing Up The Suspects…

Graph: Clarksons Research

 Last year saw a record level of boxship demolition, and this rapid pace of scrapping was sustained into early 2017 with a record monthly level of boxship recycling recorded in January and nearly 0.2m TEU scrapped so far this year, Clarksons Research reported.   Boxship demolition in 2017 is currently projected to reach record levels,

CMA CGM Fidelio: Fire on Board

Photo: CMA CGM

 The container ship CMA CGM Fidelio caught fire on 15 nautical miles off Puerto de San Miguel (Ibiza), Spain.   The vessel was en route from Valencia to Malta, when flames erupted in the superstructure.    The Spanish Navy and Maritime Rescue attended the container ship after declaring a fire in the crew cabins at 04:20 hours on March 24.

Hapag-Lloyd Says Prospects Buoyed by Rising Freight Rates

File photo: Hapag-Lloyd

German container shipping company Hapag-Lloyd expects increased operating earnings this year, it said on Friday, citing a rise in freight rates as market conditions improve.   The shipping industry has been grappling with a prolonged downturn brought about by overcapacity in a faltering global economy,

MacGregor, Rolls-Royce to Study Containership Autonomy

 MacGregor, Rolls-Royce to Study Containership Autonomy   A new collaborative research and development initiative will explore the impact of developments in autonomy for cargo ship navigation and cargo systems onboard containerships.   The research will be conducted by partners MacGregor, part of Cargotec,

Doyle Urges 2M Partners to Honor Their Commitments

File photo: Hyundai Merchant Marine

Commissioner William P. Doyle of the U.S. Federal Maritime Commission (FMC) calls for honoring commitment to shipping public, American businesses and consumers.   In mid-December 2016, Maersk Line announced that, together with its 2M Alliance partner Mediterranean Shipping Company (MSC), it was entering

Crowley’s New STS Cranes Arrive in San Juan

Photo: Crowley

Three new ship-to-shore cranes that were constructed in Ireland were delivered to Crowley Puerto Rico Services’ Isla Grande Terminal in San Juan on Wednesday. The cranes are a key element of the $130 million Crowley is investing in infrastructure improvements to its Isla Grande Terminal, and their arrival marks the first time new,

Alliance Reshuffle Could Limit Freight Forwarding Options

File photo: OOCL

iContainers, the 100 percent online freight forwarder, says that the new shipping alliances set to come into effect next week will lead to a shortage of options for freight forwarders. Starting April 1st, the previous four alliances will be regrouped to three - THE Alliance, OCEAN Alliance and 2M.   According

Maersk Line, Hamburg Sud Offer Merger Concessions to Gain EU Approval

File photo: Hamburg Süd

Maersk Line, the world's biggest container shipping firm and part of Danish conglomerate A.P. Moller-Maersk, has offered concessions to EU antitrust regulators in an attempt to get approval for the takeover of German rival Hamburg Sud.   A ruling on the deal, one of several in an industry seeking

Seattle/Tacoma Container Volumes Up 8% for 2017

Photo: Northwest Seaport Alliance

The Northwest Seaport Alliance, consisting of the ports of Seattle and Tacoma, has recorded an 8 percent year-to-date increase in container cargo through February.   International container volumes for the month of February remained steady with a 9.1 percent year-to-date increase despite fewer sailings.

New Container Service between Cork and Liverpool

BG Freight Line, a fully-owned subsidiary of Peel Ports Group, is introducing a new weekly container service between Cork and Liverpool. This is the first time the two ports have been connected directly, with the service starting on Monday 27 March.    It is intended that the new route will offer

Shipping Confidence Steady despite Industry, Political Pressures

© Federico Rostagno / Adobe Stock

Shipping confidence held steady in the three months to end-February 2017, according to the latest Shipping Confidence Survey from international accountant and shipping adviser Moore Stephens.    In February 2017, the average confidence level expressed by respondents was 5.6 out of 10, unchanged from

Container Shippers Ordered to Testify in US Investigation

File photo: Hapag-Lloyd

The U.S. Justice Department has ordered top executives from several container shipping lines to testify in an antitrust investigation into an industry that is the backbone of global trade, the companies said on Wednesday.   The world's biggest container shipper, Denmark's A.P. Moller-Maersk, Germany's Hapag Lloyd,

Jones Act LNG-powered ConRo Ship Launched

El Coquí launched at the VT Halter Marine shipyard in Pascagoula, Miss. (Photo: Crowley)

Crowley Maritime Corp.’s newest combination container/Roll on-Roll off (ConRo) ship has been launched at the VT Halter Marine shipyard in Pascagoula, Miss. for the Crowley’s service between Jacksonville, Fla., and San Juan, Puerto Rico.   Named El Coquí after a beloved frog native to Puerto Rico,

Thessaloniki Port Workers Plan Stoppage to Protest Port Sale

Photo: Thessaloniki Port Authority

Workers at Greece's second-biggest port, Thessaloniki Port, will walk off their job for a few hours on Wednesday to protest the port's sale, a key condition of the country's international bailout.   The sale was launched in 2014 but has been plagued by delays and political resistance. As part of its privatisation drive under its latest bailout,

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