AUGUST 28, 2014 — Investment firm KKR (NYSE:KKR) and Borealis Maritime today announced the acquisition of a portfolio of nine feeder container vessels in a sale process coordinated by Commerzbank. The vessels
OCTOBER 23, 2013 — In a reminder that new generation containerships ships are going to demand new generation cargo handling equipment, four super post-Panamax ship-to-shore cranes that arrived at the Port of
SEPTEMBER 4, 2013 – Singapore listed Yangzijiang Shipbuilding (Holdings) Ltd. reports that four options (two 82,000 DWT and two 64,000 DWT bulk carriers) were converted into firm orders in July, became effective
JUNE 6, 2013 — Chinese shipbuilders could soon be using German technology to take a lead in the production of LNG fueled containerships. Hamburg headquartered Technolog GmbH has sold China’s SUMEC Marine
MAY 28, 2013 — In another demonstration that depressed world shipbuilding prices can bring out the bargain hunters, Dole Food Company, Inc. (NYSE: DOLE) today announced that its Board of Directors has
MARCH 21, 2013 — The GAO has issued a report that should rekindle the debate over the benefits, or otherwise, of the Jones Act. Entitled “Puerto Rico: Characteristics of the Island’s Maritime
MARCH 6, 2013 — Damen Shiprepair Rotterdam has now completed the installation of Becker Twisted Fins on seven 7,100 TEU Hamburg Süd containerships. The shipyard won the contract for the installations in
FEBRUARY 7, 2012 — Matson, Inc. (NYSE: MATX), has again been showing signs that it is paying serious attention to fleet renewal. Last November, the company said that it has a strategic
JANUARY 23, 2013 — Seaspan Corporation (NYSE:SSW) is continuing its fleet expansion. On January 16 it announced it had placed an order for five 14,000 TEU containerships with Hyundai Heavy Industries. Today
DECEMBER 5, 2012 — Los Angeles Mayor Antonio Villaraigosa announced last night that the eight-day strike that had containerships backed up outside the Ports of Long Beach and Los Angeles has ended.