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MSC’S SECOND-HAND SHIP SHOPPING SPREE CONTINUES DESPITE DECLINING VESSEL VALUES

MSC’S SECOND-HAND SHIP SHOPPING SPREE CONTINUES DESPITE DECLINING VESSEL VALUES

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Reports this week that MSC has purchased the 2013-built 9,403 teu Joseph Schulte for a price of around $55m confirmed that the top-ranked carrier has not lost its appetite for acquiring second-hand container tonnage.
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The history of container shipping

The history of container shipping

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Container transportation is now the most popular way of cargo movement and a critical pillar of the global economy, but back in the 1950s, it was just a thought.  
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DAMAGED SHIPPING CONTAINERS – CAUSES AND TYPES

DAMAGED SHIPPING CONTAINERS – CAUSES AND TYPES

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The modern-day shipping container is undoubtedly one of the most useful inventions of our time. From the days of hand-loading and unloading cargo boxes and items of different sizes and shapes, we have come a long way. From ordinary corrugated steel containers of the 1950s – 70s, today, we use containers made of high-quality Corten steel.
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EVERGREEN THE 'GREENEST' TRANSATLANTIC CARRIER, BUT IS BIGGER STILL BETTER?

EVERGREEN THE 'GREENEST' TRANSATLANTIC CARRIER, BUT IS BIGGER STILL BETTER?

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Evergreen has topped the carbon efficiency ranking in the transatlantic trade between North Europe and the US east coast, according to the latest Xeneta ‘naming and faming’ study.  
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CARRIERS FORCED TO IDLE NEW ULCVS AS SOON AS THEY ARE DELIVERED

CARRIERS FORCED TO IDLE NEW ULCVS AS SOON AS THEY ARE DELIVERED

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Newbuild 24,000 teu ultra-large container vessels are now being idled as soon as they are delivered in Asia, as carriers are obliged to blank more sailings due to weakening demand.
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SOUTH KOREAN INDUSTRY GROUPS SLAM HAPAG-LLOYD BID FOR HMM

SOUTH KOREAN INDUSTRY GROUPS SLAM HAPAG-LLOYD BID FOR HMM

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The Federation of Korea Maritime Industries (FKMI) and the Busan Port Development Association (BPDA) have come out against German liner operator Hapag-Lloyd being allowed to bid to buy HMM.
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