Bing Chen, Chairman, President & CEO of Seaspan Corporation

Seaspan box ship buying binge continues

Containership leasing giant Seaspan Corporation is ending March as it began it: announcing another multi-ship newbuilding contract. The company, which is a wholly owned subsidiary of Atlas Corp.(NYSE: ATCO), said today that

Suez Canal: Ever Given partly refloated

Hopes are that the Suez Canal can soon be fully open to traffic. Efforts to refloat Ever Given, the giant containership that has been blocking the channel since March 23, are starting

Suez blockage: Hopes are that dredging can free Ever Given

S&P Global Platts this morning reported Japan’s Shoei Kisen Kaisha, the owner of the Ever Given, as saying that it hoped that the giant ship could be refloated Saturday evening local time.

VIDEO: Suez Canal could be blocked for weeks

UPDATED: This morning, the Suez Canal remained blocked by the giant containership Ever Given, which remains wedged across the waterway, preventing the passage of canal traffic in both directions. The delays could

VIDEO: Giant containership blocks Suez Canal

UPDATED: One of the world’s largest containerships, Evergreen’s 20,388 TEU Ever Given, got stuck in the Suez Canal March 23, blocking traffic in both directions. According to reports, at one time seven

Containership leasing giant continues newbuilding spree

Within days of its last foray into the newbuilding market (see earlier story), containership leasing giant Seaspan Corporation has resumed its buying binge, announcing today that it has entered into agreements with

CMA CGM to dedicate six LNG-fueled ships to service U.S. market

CMA CGM Group Chairman & CEO Rodolphe Saadé announced today that he will dedicate six new liquefied natural gas (LNG) fueled containerships to the U.S. market, as part of the group’s ongoing

Maersk plans to operate carbon-neutral liner vessel by 2023

A.P. Moller – Maersk today announced that it will launch of the world’s first carbon-neutral liner vessel in 2023 – seven years ahead of its initial 2030-ambition. All future Maersk owned newbuildings

Containership size record set to be broken again

Ocean Network Express Pte. Ltd. (ONE) has signed a Letter of Intent (LOI) for the 15-year long-term charter of six new Ultra Large Container Ships (ULCS). Each with with a capacity greater

Are box ships getting too big to berth safely at some terminals?

An investigation report [M19P0020] just released by the Transportation Safety Board of Canada raises important questions about the extent to which the increasing size of containerships poses a threat to safe berthing.

LOAD MORE