MAY 7, 20013 — Maersk Line, Limited (MLL), the Maersk Group’s U.S.-flag shipping operation, has purchased and is currently reflagging eight newer and larger containerships to upgrade the ocean transportation services provided
MAY 6, 2013 — Hyundai Heavy Industries (HHI), the world’s largest shipbuilder, has booked an order to build what will be the world’s largest containerships. Worth $700 million, it has been placed
MARCH 25, 2013—Singapore’s NOL Group is spending $4 billion to renew its fleet with some of the most-efficient, environmentally friendly containerships in the market. It recently took delivery of the APL Temasek,
FEBRUARY 18, 2013—Immediate repairs have been completed on the world’s largest container ship, Emma Maersk, after the ship experienced an ingress of water into its engine room on February 1. The ship
JANUARY 16, 2013 – Hyundai Heavy Industries (HHI), the world’s largesT shipbuilder, today reported that it has won a $600 million order from Seaspan Corporation for five 14,000 TEU containerships. The contract
DECEMBER 14, 2012—The Port of Hamburg Hamburg was the first continental European port of call on the maiden voyage of the mega containership CMA CGM Marco Polo. The 16,020-TEU boxship was handled
DECEMBER 10, 2012 — The LNG-burning low speed engine that will power TOTE’s innovative newbuild containerships at NASSCO (see earlier story) was formally announced as commercially available just last month. At a
DECEMBER 3, 2012 — Talks to end the six-day strike at the ports of Los Angeles and Long Beach intensified over the weekend, but with no resolution. In a statement issued yesterday,
DECEMBER 3, 2012 — “Against the background of the continued crisis in ship financing, Oaktree and Rickmers are presenting a new way of cooperation between private equity and the shipping sector for
NOVEMBER 27, 2012 — Matson, Inc. (MATX), Honolulu, HI, has a strategic re-fleeting plan that calls for the building of two new Jones Act containerships in the next 3 – 5 years
