Seaspan orders four 10,000 TEU newbuilds
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
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.
DECEMBER 4, 2012 — General Dynamics NASSCO, a wholly owned subsidiary of General Dynamics (NYSE: GD), reports that it has finalized a contract with TOTE, Inc., for the design and construction of
NOVEMBER 8, 2012 — Japan’s Mitsubishi Heavy Industries (MHI) has introduced a high performance propeller that it says can improve the propeller efficiency of containerships by 5 percent. This yields a potential
Despite weak freight rates and a poor time charter environment, containership operators are ordering ever larger vessels. Though this may seem counter-intuitive, shipbroker Braemar Seascope says it reinforces a trend that is