Container

Container volume at eight major Chinese ports up 13.1% in early Nov Container volume at eight major Chinese ports up 13.1% in early Nov
PIL defaults on notes payment PIL defaults on notes payment
Russian Containership Causes COVID-19 Precautions in South Pacific Russian Containership Causes COVID-19 Precautions in South Pacific
ICTSI connects 31 terminals to TradeLens ICTSI connects 31 terminals to TradeLens
PIL seeks extra breathing space with court trip PIL seeks extra breathing space with court trip
Weekly Broker: MSC leads boxship buying charge Weekly Broker: MSC leads boxship buying charge
Boxship sales, prices and charter rates surge Boxship sales, prices and charter rates surge
V.Group takes on 41 boxships from Costamare as part of expanded partnership V.Group takes on 41 boxships from Costamare as part of expanded partnership
Antong administrator signs restructuring deal with China Merchants and AVIC Trust Antong administrator signs restructuring deal with China Merchants and AVIC Trust
Evergreen Marine names new chairman Evergreen Marine names new chairman
CMA CGM Suspects Data Breach from Cyber Attack CMA CGM Suspects Data Breach from Cyber Attack
Digital naming ceremony held for CMA CGM's 23,000 TEU behemoth Digital naming ceremony held for CMA CGM’s 23,000 TEU behemoth
World's largest containership HMM Gdansk calls in Jebel Ali World’s largest containership HMM Gdansk calls in Jebel Ali
Balancing Capacity Key to Maintaining Container Freight Rates Balancing Capacity Key to Maintaining Container Freight Rates
CMA CGM foresees container growth, especially on transpacific CMA CGM foresees container growth, especially on transpacific
Carriers Scramble to Charter Larger Containerships at 'Whatever it Takes' Prices Carriers Scramble to Charter Larger Containerships at ‘Whatever it Takes’ Prices
Container Haberleri

Container volume at eight major Chinese ports up 13.1% in early Nov

The container volume at eight major Chinese ports increased 13.1% year-on-year in early November.

PIL defaults on notes payment

Under pressure Pacific International Lines (PIL) told the Singapore Exchange on Monday it would not pay back S$60m ($44.6m) of notes due yesterday.

Russian Containership Causes COVID-19 Precautions in South Pacific

The Cypriot-flagged container ship Fesco Askold, operated by the Russian Far Eastern Shipping Company (Fesco) is being linked to a new outbreak of the COVID-19. Samoa and American Samoa are rushing to react to the possibility of exposure to the virus.

ICTSI connects 31 terminals to TradeLens

Manila-based port operator ICTSI has connected all of its 31 terminals to TradeLens, a blockchain platform jointly developed by IBM and Maersk.

PIL seeks extra breathing space with court trip

PIL executive chairman SS Teo told Splash today: “As we have formulated a comprehensive restructuring plan with financial lenders, advisors and Heliconia Capital Management, today’s commencement of a scheme of arrangement process is a significant milestone for PIL in the debt-reprofiling plan to ensure the company’s long-term sustainability and success. It is a natural progression and will provide our creditors, noteholders, banks, and other interested parties the assurance that their interests will be treated in a fair and transparent way.”

Weekly Broker: MSC leads boxship buying charge

Containership S&P activities dominate the week’s transactions with many ships changing hands, and freight and charter rates surging.

Boxship sales, prices and charter rates surge

Containership sales have roared back as have prices for secondhand tonnage, while charter rates have gone through the roof in the topsy-turvy pandemic year liner shipping has been through.

V.Group takes on 41 boxships from Costamare as part of expanded partnership

Shipmanagement and services giant V.Group has strengthened an exisiting partnership with Costamare in a move which will see it manage an additional 41 container vessels associated with the Greek company.

Antong administrator signs restructuring deal with China Merchants and AVIC Trust

The administrators of Chinese domestic container shipping major Antong Holdings has officially signed with Fujian Zhaohang Logistics Management to conduct a restructuring.

Evergreen Marine names new chairman

Taiwanese shipping line Evergreen Marine has announced the appointment of Chang Yen-I as the new chairman of the company, replacing Anchor Chang who has moved to Taipei Port Container Terminal (TPCT) as chairman.

CMA CGM Suspects Data Breach from Cyber Attack

The French shipping giant said in an update on Wednesday that its back-offices are gradually being reconnected to the network, improving booking and documentation processing times.

Digital naming ceremony held for CMA CGM’s 23,000 TEU behemoth

A first-of-its-kind digital naming ceremony was held today for the 23,000 TEU CMA CGM Jacques Saade, the largest LNG-powered containership in the world.

World’s largest containership HMM Gdansk calls in Jebel Ali

Jebel Ali Port welcomed one of the world’s largest containership's, the 24,000 teu HMM Gdansk, earlier this week.

Balancing Capacity Key to Maintaining Container Freight Rates

While the container shipping industry is particularly vulnerable to changes in consumer spending, the major carriers were successful in managing their business to produce strong results in the first half of 2020.

CMA CGM foresees container growth, especially on transpacific

CMA CGM has made a positive forecast for container shipping trades to continue growing especially on the transpacific, despite a stunted start to the year due to the coronavirus (Covid-19) pandemic.

Carriers Scramble to Charter Larger Containerships at ‘Whatever it Takes’ Prices

Ocean carriers are scrambling to charter larger containerships to take advantage of skyrocketing freight rates caused by a spike in demand across major tradelanes.

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