No resolution yet in LA Long Beach port strike negotiations

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,

Rickmers partners with Oaktree to build containerships

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

Matson plans new Jones Act ships, but not soon

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

World’s largest containership starts maiden voyage

NOVEMBER 8, 2012 —  CMA CGM Group reports that the 16,000 TEU CMA CGM Marco Polo, the world’s largest containership, began its first voyage yesterday in Ningbo, China Built by DSME (Daewoo

Evergreen adds another eco-friendly containership

OCTOBER 17, 2012—Ever Libra, the sixth L-type containership of Evergreen Line, was christened by Evergreen Group’s Vice Group Chairman Raymond Lin at Korea’s Samsung Heavy Industries shipyard. The ceremonial rope cutting for

Costamare subsidiary reaches settlement in Rena case

OCTOBER 1, 2012 –The New Zealand Government and Costamare subsidiary Daina Shipping Company (owner of the containership MV Rena) have reached what Maritime New Zealand calls “a comprehensive financial settlement in respect

Gibdock completes complex box ship crane refurbishment

OCTOBER 1, 2012 — Gibraltar ship repairer Gibdock has completed a complex containership deck crane refurbishment job that called for certification of strict welding procedures by Lloyd’s Register (LR), which approved all

Double christening for Evergreen Line at Samsung

SEPTEMBER 14, 2012—Ever Laden, the second L-type containership of Evergreen Line, was recently christened by S.S. Lin, the Evergreen Group’s First Vice Group Chairman, at the Samsung Heavy Industries shipyard in Korea.

Horizon Lines gets new President and CEO

JUNE 8, 2012 — Jones Act containership operator Horizon Lines, Inc. (OTCQB: HRZL) reports that Sam Woodward has joined the company as President and Chief Executive Officer (CEO) and has been appointed

Diana Containerships ups profit, declares dividend

Athens headquartered Diana Containerships Inc. (NASDAQ: DCIX) reported net income of $1.9 million for the first quarter of 2012, compared to a net income of $0.3 million for the same period of

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