JULY 17, 2017 — Five 20,000 TEU containerships ordered by China Cosco Shipping Corporation Limited at Dalian Shipbuilding Industry Co (DSIC) and Shanghai Waigaoqiao Shipbuilding will sail with high efficiency full spade
APRIL 28, 2017 — Navios Maritime Holdings Inc. (NYSE:NM) reports that it has signed an exclusivity agreement and term sheet to purchase directly or indirectly, 100% of FSL Asset Management Pte. Ltd.
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
DECEMBER 11, 2016 — South Korea’s Hyundai Heavy Industries Co. has signed a $700 million shipbuilding deal with Islamic Republic of Iran Shipping Lines (IRISL). Under contracts signed December 9, Hyundai Heavy
NOVEMBER 17, 2016 — Honolulu-based Pasha Hawaii says that two U.S. shipyards are finalists for the construction of two new Liquefied Natural Gas (LNG) fueled containerships, with an option for two more.
SEPTEMBER 20, 2016 — Yonhap news agency reports that South Korea is seeking diplomatic help to sort out the mess left by the collapse of Hanjin Shipping. Hanjin’s court-sanction self-restructuring plan has
JULY 28, 2016 — In what it says is a breakthrough finding for ultra-large containerships, ClassNK has concluded that the minimum required brittle crack arrest toughness for extremely thick brittle crack arrest
MAY 26, 2016 — MAN Diesel & Turbo is to upgrade the propulsion system of two 8,500 TEU Danaos Shipping containerships, CSCL Europe and CSCL America. The upgrades will include Engine-Power Limitation
JULY 9, 2015 — ABS is to class the eleven giant, second generation Triple-E container vessels ordered by Maersk Line last month (see earlier story). The carrier ordered the 19,630 TEU vessels
JUNE 18, 2015 — Following the Panama Canal expansion in 2016, up to 10 percent of container traffic to the U.S. from East Asia could shift from West Coast ports to East