Drewry: World Container Index down 0.5%
JUNE 15, 2017 —The World Container Index, a composite of container freight rates on eight major routes to/from the U.S., Europe and Asia, is down by 0.5% to $1,464 /40ft container this
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Deltamarin awarded design contract for three containerships
MAY 29, 2017 — Turku, Finland, headquartered Deltamarin reports that Chinese shipbuilder Guangzhou Wenchong Shipyard has awarded it a design contract for the three container vessels ordered earlier this year by Iceland based
Container rates slip, but composite average up over 2016
MAY 26, 2017—This past week, the World Container Index—a composite of container freight rates on eight major routes to/from the U.S., Europe and Asia—was down by 3.6% to $1,446.81/40ft container, according to
Start-up containership company buys its first seven ships
MAY 22, 2017 — Norwegian OTC listed start-up MPC Container Ships AS today reported that it has acquired seven container vessels for a total investment of $38 million. The company was formed
Keppel AmFELS to build LNG fueled Pasha containerships
MAY 11, 2017 — Honolulu-based Pasha Hawaii today announced that it has selected the Keppel AmFELS shipyard in Brownsville, TX, a subsidiary of Keppel Offshore & Marine (Keppel O&M), to build two
Navios swoops on Rickmers containerships
APRIL 21, 2017 — Navios Maritime Partners L.P. reports that it has agreed to acquire the entire Rickmers Maritime container fleet for about $113.0 million. The news follows an April 19 statement
SHI holds naming ceremony for world’s largest containership
MARCH 16, 2017 — There’s a new holder of the title “world’s biggest containership. Shipbuilder Samsung Heavy Industries, Ltd. yesterday held a naming ceremony at its Geoje, South Korea, shipyard for the
IBM and Maersk team to digitize container paper trail
MARCH 6, 2017 — IBM (NYSE: IBM) and Maersk are to collaborate to use blockchain technology to help help manage and track the paper trail of tens of millions of shipping containers
Eimskip, Royal Arctic order ice class containerships
FEBRUARY 2, 2017 — Reykjavik, Iceland, headquartered Eimskip has been in negotiations with shipyards in China to build two 2,150 TEU container vessels and has finalized a contract with China Shipbuilding Trading
South Africa suspects container shipping cartel
SEPTEMBER 29, 2016 — South Africa’s Competition Commission (Commission) yesterday conducted search and seizure operations at the premises of six container shipping companies operating in the Western Cape and Kwazulu-Natal provinces. The