Sunday, April 22, 2018

CMA CGM Announces Completion of Sale of 90% Stake in LA Terminal

On December 1, the CMA CGM Group announced that it completed the sale of a 90% equity interest in Global Gateway South terminal (GSS)...

Diana Containerships Announces Financial Results for 2017

Diana Containerships has reported a net loss of USD 16.6 million for the fourth quarter of 2017, compared to a net loss of USD...

OOCL Hong Kong in Guinness Book of World Records

OOCL, a Hong Kong based ocean carrier line has entered the Guinness Book of World Records after christening its 21,413 TEU OOCL Hong Kong...

Global Ship Lease to Explore Strategic Alternatives for Expansion

Global Ship Lease, Inc. announced today that following the successful refinancing of all of the Company’s indebtedness in October 2017 and with a strengthening...

9,000 TEU Containership Docks at Livorno

The Harbourmaster’s Office of Livorno, on the west coast of Tuscany in Italy, has authorised the entry of the 'MSC Adelaide' into port. The...

First Ever Boxship to LNG: Converted, Launched and Bunkered

On August 23, history was created, when for the first time in the world, containership Wes Amelie, was retrofitted and launched with a liquefied...

Pasha Hawaii Allots Vessel for Puerto Rico Assistance

Honolulu-based Pasha Hawaii has set aside its US Jones Act vessel - Horizon Spirit to ship hundreds of containers from the West Coast in...

Transit Rates at Suez Canal Slashed for Containers

According to the Middle East Monitor, the Egyptian Government announced that from the 1st of October, transit rates for container vessels will be reduced...

Hamburg Süd Offers Improved Asia – Europe/Mediterranean Network

Since February 2017, Hamburg Süd, through its partnership with 2M, has been able to offer its customers access to the world’s most comprehensive Asia...

Containerships’ Maiden LNG-Fueled Vessel Launched

The first of four LNG-fueled container vessels built for Finnish firm Containerships has been launched at Wenchong Shipyard in China.The launching ceremony for the...