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Container Ships

'Every Ship That is Available is Sailing,' Says Hapag-Lloyd CEO

Photo: Hapag-Lloyd

With historically high freight rates, fleet utilization and demand, there is no end in sight for the red-hot containership market.Container shipping giant Hapag-Lloyd CEO Rolf Habben Jansen candidly said “nobody saw this coming” as “we’ve seen a spending shift from services to goods”,

Maersk to Launch First Carbon Neutral Vessel in 2023

A.P. Moller - Maersk speeds up on decarbonisation with a methanol-fueled feeder vessel on the water in 2023, piloting a scalable carbon neutral product to customers and offering fuel suppliers incentive to scale production of the fuels of the future.  (Image Credit: Maersk)

Shipping group Maersk said on Wednesday it would accelerate plans to decarbonize sea-borne container shipping by putting the world's first vessel powered by carbon-neutral fuel into operation in 2023, seven years ahead of its original plan.The shipping industry, which carries around 80%

Hapag-Lloyd Orders Six Ultra-large Container Vessels

Credit: Hapag Lloyd

German container liner Hapag-Lloyd has ordered six ultra-large container vessels from the Korean shipbuilder Daewoo Shipbuilding & Marine Engineering.DSME will build the 23,500+ TEU vessels and deliver them to Hapag-Lloyd between April and December 2023. The shipowner said Wednesday the investment would

Taiwan Tells Shipping Firms Not to Lift Prices amid Container Shortage

Credit: STOCKSTUDIO/AdobeStock

Taiwan's government has urged shipping companies not to unfairly push up their prices amid a global squeeze on shipping containers and a shortage of space on cargo ships, the transport ministry said on Friday.Trade-dependent Taiwan, a tech powerhouse, has benefited from demand for telecommuting products

China's Exports Pinched by Global Shortage of Shipping Containers

Illustration. Credit:MAGNIFIER/AdobeStock

China's world-beating economic rebound from the coronavirus pandemic is being blunted by a global shortage of shipping containers, sending cargo costs to record highs and hampering manufacturers in filling fast-recovering global goods orders.Exports from China surged 21% in November from a

Vard Delivers World’s First Electric & Autonomous Container Ship to Yara

Credit: Vard

Norwegian shipbuilding firm Vard said Friday it had delivered the Yara Birkeland - the vessel that will be the world’s first all-electric autonomous container ship - to its owners Yara International.Vard was tasked with building a vessel prepared for autonomous operations which Yara will further develop.

New Era in the Middle East: Cargo Ship from Dubai Arrives in Haifa

MSC Paris - Credit: Claus Gaser/MarineTraffic.com

The ship-to-shore crane paused above the cargo ship just arrived from Dubai, then set its load down on the pier in Israel.One after another, eight containers filled with electronics, cleaning supplies, iron, and firefighting equipment were unloaded off the MSC Paris, one of the first cargo ships to

Maersk to Slash Jobs in Major Reorganization

Credit: eyewave/AdobeStock

Maersk will cut jobs in a major shake-up that will affect a third of the shipping giant's staff as it seeks to integrate its seaborne container and in-land logistics businesses, it said on Tuesday.Maersk, which handles about one in five containers shipped worldwide, has been under pressure from

Insurers Discuss Container Casualty Causes

Copyright: donvictori0/AdobeStock

Handling of steel boxes throughout the shipping, ports and logistics supply chain has historically grown exponentially, putting strains on a range of operational procedures and the physical hardware employed to handle the steel boxes, particularly onboard ships. A recent webinar organized by the Thomas Miller managed insurance mutuals,

Maersk Heads Drive to Decarbonize Shipping Sector

A Maersk Container Ship - Credit: Maersk

The world's largest container shipper, A.P. Moller-Maersk, will team up with industry majors to set up a research center in Denmark with the aim of reducing carbon emissions in the shipping industry.Denmark's Maersk, which aims to be carbon-neutral by 2050, said on Thursday the research center would combine knowledge from industry,

Ocean Shipping Slows Down as Pandemic Pummels Retailers

Image Credit: STOCKSTUDIO

The $1 trillion container shipping industry is in a slowdown. Literally.Some shipping lines, whose retail customers are being hammered by the coronavirus pandemic, are reducing sailing speeds and taking longer routes around Africa, avoiding Suez canal passage fees, according to the companies and ship-tracking specialists.

Japan's NYK Line Sees COVID-19 Cutting Profit by $557M

Illustration by Magnifier / AdobeStock

Japanese shipping company Nippon Yusen KK expects the coronavirus pandemic to reduce its recurring profit by 50-60 billion yen ($464 million-$557 million) for the year to next March, an executive said on Monday."Our assumption is that the worst impact from the pandemic will be seen in the April-June quarter,

Seaspan Selects Alfa Laval's Steam Solution

Alfa Laval Aalborg boiler to be installed on a Seaspan container vessel as part of a steam solution to support the use of sulphur-compliant fuel  (Photo: Alfa Laval)

Seaspan Ship Management selected Alfa Laval to help resolve steam balance and redundancy issues connected to sulfur-compliant fuels. The solution – an integrated steam boiler plant comprising oil-fired steam production, waste heat recovery, advanced control and connectivity – will be implemented on eight Seaspan-owned large container ships.

Pirates Release 11 Crew, Hold 7 Hostage off Benin

© Andrea Ferrando/ MarineTraffic.com

Pirates attacked a Portugal-flagged ship and kidnapped its Bulgarian captain and seven sailors off the coast of Benin, Bulgaria's foreign ministry said on Tuesday.A ministry statement said the pirates who boarded the Tommi Ritscher container ship at the port of Cotonou in the Gulf of Guinea on Sunday had released 11 other members of the crew.

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