Major Greek container ship player Danaos Corp has resumed ordering newbuildings just six months after saying it would take a ...

A fifth vessel, the 2,190-teu Cape Monterey (built 2015), is said to have been purchased from Cape Shipping with a special survey due in April for around $35m. The two deals take CMA CGM’s spending in ...

The fire risks themselves, she said, remain a huge concern for the marine industry, including insurers and brokers. The ...

The Allianz Safety and Shipping Review 2024 found that “fire remains a major cause of loss for large vessels” and reported ...

The financing for the ships consists of company funds, bilateral mortgages, leasing, and a syndicated credit facility.

The advent of container ships marked a new age in shipping. Container ships have increased in size and capacity over the years, with some modern vessels capable to carry more than 20,000 TEUs ...

An explosion has struck a Hong Kong-flagged container ship traveling north through the Red Sea, sparking a major fire that ...

JaxPort, JEA. city and state will share cost for raising river-spanning transmission lines. Helicopters will be part of ...

Sparta IV is another Russian transport ship heading to the Syrian port of Tartus to retrieve military equipment left behind ...

The OOCL Iris, capable of carrying as many as 16,828 cargo containers measured in 20-foot equivalents, is scheduled to pull ...

Hub-and-spoke routing is not the norm in container shipping, but Maersk and Hapag-Lloyd are rolling out this approach ...

Simultaneously, freight shippers were reducing the number of vessels in use due to the manufacturing slowdown ... Check back here for the latest news and insights on the state of the container ...