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Yang Ming stronger
Taiwanese container line turns around first-half losses as markets improve.
Wan Hai winning again
Taiwanese boxship player continues to forge ahead in 2010 after dire previous year.
OOCL keeps on raising
Hong Kong owner announces rate increase for both transatlantic and Southeast Asia to Australia routes.
Free News
CMA CGM sheds the red
Jacques Saade-led liner giant says cash injection still in the cards as 41% jump in revenue reverses first-half loss.
Eimskip holds profitable course
Restructured Icelandic container line turns around last year’s losses in first half as second quarter volumes grow.
Free News
Wallenius eyes LNG power
Swedish shipowner to examine the possibility of using cleaner fuel for new and existing tonnage.
Eidesvik ponders Green bid
Norwegian shipowner Kristian Eidesvik is mulling Green Reefers takeover offer after taking stake beyond 40%.
Hapag poaches Maersk man
Danish line's Asia boss Jesper Praestensgaard to become chief commercial officer at German rival.
US markets are now open
Chartering | Liner
free news
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Hamburg Shipbrokers' Association's new ConTex containership chartering index gains three points to 594. 4,250-teu:
2,700-teu:
1,100-teu:
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Hamburg Shipbrokers' Association's new ConTex containership chartering index gains four points to 591. 4,250-teu:
2,700-teu:
1,100-teu:
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Hamburg Shipbrokers' Association's new ConTex containership chartering index gains two points to 587. 4,250-teu:
2,700-teu:
1,100-teu:
|
Danaos still in the red
John Coustas-led containership company books another quarterly loss, but vessel costs decline.
Maersk sued over boxship contract
UK retailer Argos launches $13m compensation claim over allegedly cancelled Asian deal.
Sea Star settles Puerto Rico suit
US liner player pays $18.5m to resolve long-running anti-trust case.
APL bullish on boxes
Singapore owner’s president Eng Aik Meng predicts up to 8% growth in volumes next year.
‘Boxship buys on the way’
Goldenport to use most of $85m cash by year end as boxship values hit “interesting” levels, John Dragnis says.
SITC ‘still wants $500m'
Chinese boxship owner still has top figure in mind for planned Hong Kong listing in October.
Goldenport sinks to first-half loss
Paris Dragnis-led boxship and bulker owner in the red as operating fleet shrinks and rates wane.
NOCC slips into the red
Norwegian Car Carriers sees results nose dive as it experiences “difficult car carrier market”.
Hoegh, Greek ships escape
Flurry of pirate attacks in IRTC sees car carrier and Seabulk vessels targeted but no arrests made.
Maersk presses on with rate rise
Unsatisfactory Atlantic box business means Danish owner will hike rates in fourth quarter, with more rises to come.
Hapag-Lloyd hunts bond sale
German container line linked to EUR 500m debt issue in more favourable markets.
PDZ still red as sales dive
Malaysian intra-Asian liner player posts full-year loss as ship repair costs hurt in fourth quarter.
ICG profit gets volcanic boost
Irish Ferries owner sees profit rise in first half as passenger numbers increase on closure of European air space.
China Cosco readies $735m bond sale
Ten-year bond sale part of larger plan by China Cosco Holdings to repay debt and fund expansion programme.
Fruit trader hunts box players
Mango madness puts CSAV and Hamburg Sud containerships in trader's crosshairs as fruit fracas lands in federal court.
NOL in $200m notes issue
Singapore-listed boxship owner to use proceeds from notes sale to part-finance 12-ship Daewoo order.
Moby still wants Tirrenia deal
Italian ferry player's chief Vincenzo Onorato tries to reopen talks on state-owned operator's privatisation.
CSCL sees $675m profit swing
Hong Kong-listed containership owner surges back into the black in the first half.
LA box volumes surge
The largest container port in all of the Americas sees another strong month of throughput growth.
Zim turns a profit again
Ofer-controlled container line turns around 2009's second quarter losses as markets recover.
Greek gain for Cosco Pac
Piraeus terminal revenues swell Chinese operator’s coffers but costs also take their toll.
Foul quarter for Green Reefers
Russian ban on US poultry, tight fish net volumes and bulging bulker bills ring up red ink at Green Reefers.
China Cosco booms in the second
Chinese boxship and bulker giant puts red ink behind it with massive profit in the second quarter.
Engineer dies on Hubline ship
Cardiac arrest suspected in death of Myanmar national onboard boxship Saipan Leader off Sri Lanka.
Free News
CSAV springs new Long Beach loop
Eleven boxships about to get busy as CSAV Norasia unveils fresh service.
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