Pacific-Gulf in the hot seat
Lebanese shipper races to seize US-flagged heavylift vessel following damage to gas turbine destined for Iraq.
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Evergreen teams with Hanjin and UASC
Four 3,000 TEU containerships dedicated to new West Africa rotation on the heels of freshly minted partnership.
Box Ships in profitable start
Michael Bodouroglou-led containership owner beings 2012 on a positive note with talk of market upturn.
Maersk’s Andersen unhappy
Danish giant’s first quarter results are largely in line with those of a year ago, but CEO “not satisfied”.
Boxship exit burns MISC in Q1
Departure from container shipping arena drags Malaysian owner deeper into the red in the first quarter.
Fesco profit soars in first quarter
Russian liner company boosted by one-off gains despite weaker operating result as costs rise.
Sungdong wins 10-ship order
PBHH of Malaysia signs up for big livestock carrier deal at South Korean yard.
Regional Container sees rates revival
Thai boxship owner curbs first quarter loss by 30% following freight hikes.
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Chartering | Liner
free news
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Hamburg Shipbrokers' Association's new ConTex containership chartering index up two at 405. 4,250 teu:
2,700 teu:
1,100 teu:
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Hamburg Shipbrokers' Association's new ConTex containership chartering index rises to 403. 4,250 teu:
2,700 teu:
1,100 teu:
|
Hamburg Shipbrokers' Association's new ConTex containership chartering index up three at 400. 4,250 teu:
2,700 teu:
1,100 teu:
|
Solvtrans stronger in first quarter
Norwegian wellboat owner pushes up profit as fleet utilisation rises.
Kuribayashi Steamship recovering
Japanese ro-ro owner has reduced annual losses as it forecasts profit this year.
STX PO pens $80m newbuilding order
South Korean shipowner looks to spread its wings further in the heavy-lift sector.
Crew still stuck on AFL ship
Fourteen men stranded on arrested feeder vessel in Canada for third week after operator's collapse.
Blast hits MSC containership
Crew man the pumps after MSC Idil developed list and took on water following explosion north of Puerto Rico.
Vinalines scales back renewal
Vietnamese state-owned shipping company cuts huge newbuild budget 32% after public outcry.
Cost curtailing Viking Line in Q1
Finnish ro-pax owner expecting "substantially" worse 2012 result after loss-making start.
AFL masterminds concede defeat
Tobias Koenig and Rudy Mack shed new light on collapse of failed US feeder service in a candid email to supporters.
Finnlines falling further behind
Finnish ro-ro group bashed by higher costs in the first quarter and expects “volatile” year ahead.
Hanjin Shipping hurting in Q1
South Korean owner sinks beyond forecasts as it posts a loss in the opening three months of the year.
Global Ship Lease off to steady start
New York-quoted containership owner sees hope on the horizon following profitable quarter and freight rate increase.
Horizon Lines deeper into the red
US boxship company hit by higher Q1 interest costs, but revenue and volumes improves.
Fuel bill burns Hapag-Lloyd in Q1
Germany’s flagship carrier racks up first quarter loss and warns rate hikes will not block further reversals.
Deeper red for Neptune Orient Lines
Singapore-listed container line burns cash for the fifth successive quarter as higher fuel prices and lower rates bite.
Wilhelmsen smashes Q1 bets
Stellar shipping performance sees car carrier owner race past forecasts in the opening three months of the year.
Serco wins Scot ferry job
Serco selected as preferred bidder to deliver lifeline ferry services to the Northern Isles in Scotland.
Danaos off to profitable start
More ships help bottom line at Greek containership owner as it talks of improved market situation.
Costamare ahead in first quarter
Constantinos Constantakopoulos-led firm tops Wall Street forecasts in the first three months of 2012.
CSAV turnaround taking hold
First quarter loss widens but signs of recovery starting to appear with capacity cuts.
NYK drops Vinalines for RCL
Japanese shipowner culls tie-up with Vietnamese owner to launch new services with Thai player.
Russian reefer adrift deep in Pacific
Fishing vessels directed to help Peta Chemical's Simfoniya after it loses rudder 1,100 miles from nearest land.
Danaos Corp dumps elderly Montreal
Greek owner offloads 1984-built panamax for $6.6m as it welcomes 13,100-teu newbuilding.
Wan Hai Lines falls into the red
Taipei-listed boxship owner hit by falling revenue and lack of investment gains in first quarter.
Zim fights back on ratings hit
Israeli line’s finance chief says S&P downgrade did not take into account imminent asset sales.
Diana Containerships defrosts cheque book
Top brass at boxship owner sheds light on fleet expansion, fuel efficiency and the ‘sweet spot’ in today’s cycle.
Car carrier refloated off Livorno
Hoegh Asia grounded with 6,000 cars on board as it entered Italian harbour.
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