Shipping
Evergreen plans 100-boxship orders
Evergreen is preparing to cash in on low prices to order 100 boxships. Taiwanese liner giant Evergreen says it has opened negotiations with yards to build 100 containerships, as its decision to sit out the ordering frenzy of the shipping boom look...
2010-04-12 08:27:12
Bulker orders to decrease
Ordering activity of dry bulk newbuildings is not expected to experience growth in the second quarter as owners adopt a wait-and-see attitude. A small rise in contract prices seen over the last month at Korean shipbuilding yards in particular is ...
2010-04-12 08:21:47
MOL unveils eco-"ISHIN-III"
Mitsui O.S.K. Lines reported it has completed the concept for an environment-friendly, large-scale iron ore carrier called the ISHIN-III, third in its series of next-generation vessels which it says will be technically practical in the near future. ...
2010-04-12 08:19:52
Scandlines orders ro-pax duo
Scandlines, the Baltic ferry operator, has ordered two ro-pax ferries at Germany’s Volkswerft Stralsund. Both ferries are set to be delivered in 2012 and will operate on the route between Gedser in Denmark and the German city of Rostock. Th...
2010-04-09 08:29:00
Globus buys handymax pair
London-listed Greek dry bulk owner Globus Maritime has purchased two new supramax bulk carriers, its first acquisitions for two and a half years. The company, which is listed on the UK’s Alternative Investment Market, said it would pay just ove...
2010-04-09 08:27:06
Bulker deliveries hit record high
Deliveries of newbuilding dry bulk carriers hit a record high of 190 vessels in the first three months of the year, equivalent to two ships entering service every day. The start up of new yards and a shift in building patterns from containers and...
2010-04-09 08:18:10
Box lines bullish
Global container volumes are expected to recover significantly from last year’s collapse as economic conditions stabilise, with stronger demand contributing to a considerable decline in the size of the unemployed fleet. Clarksons has revised its fo...
2010-04-08 08:31:28
Tanker market alive
Tanker owners have been getting a boost lately, as trade from the West to East have been picking up and gaining significant momentum, following the trend set during 2009. According to a recent report by Mcquilling Services, this type of trade pro...
2010-04-08 08:29:31
CSC shows optimism in rolling market
Zhu Jun, General Manager of China Changjiang National Shipping Corporation (CSC), recently said the recession of foreign trade rolling transport market was considered to end with recovery of western and Japanese automobile economy. With powerful p...
2010-04-07 10:18:26
Laid-up boxship fleet falls
Idle containership numbers dwindled once again over the past couple of weeks and will continue to drop off over the next month, Alphaliner says. Laid-up capacity has fallen to 8.9% of the global fleet having been stuck above one tenth for much of...
2010-04-07 08:25:48
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