The vessels will be constructed by New Times Shipbuilding and then be leased to a third party. CDB Leasing aims to further increase the market share of the company in shipping market. In the ...

In the third part of our shipping market outlook series, we are focusing on the dry bulk sector with Will Fray, a Director of Maritime Strategies International (MSI). Speaking to the Seatrade ...

The three Shanghai-based flagship shipyards of CSSC have 183 newbuilding orders on hand which will keep them busy till 2027. Last year the three yards delivered 48 vessels in 2022 and newly ...

The deal was entered into by Florens Container Investment, an indirect wholly-owned subsidiary of Cosco Shipping Development Co (CSDC), with the seller CLC II, an investment holding firm ...

The 14,000 teu containership, owned by Chidori Ship Holding, managed by NYK Ship Management, and chartered to Ocean Network Express (ONE) has now turned back from its voyage been Yantian, China ...

Inbound volumes of 1.9m teu were the lowest since February 2021, according to analysis from the McCown Report. Highlighting a difference in fortune between coasts, East coast imports were up 9.5% ...

Between 11 and 29 December 2020 some 129 containers were successfully discharged from the 14,000 teu vessel operated by Ocean Network Express (ONE). Discharge operations are set to resume on 5 ...

PPC is a subsidiary of Hutchison Ports Holdings and administers the ports of Balboa on the Pacific side and Cristobal on the Panama Canal Atlantic entrance. Several economic sectors called for a ...

Sand opened his weekly rates update with a forecast that container lines’ strong position in negotiations for long term rates and shippers’ desire to secure capacity will lead to fixing higher ...

Container ports in Panama reported a combined volume of 9.57 million teu, up 15.1% compared to 8.32 million teu in 2023, mostly due to the impact of the Panama Canal draught restrictions that ...

After two years of unprecedented rises container freight rates were seen as having peaked with a downcycle in 2023 - 2024 driven by overcapacity. However, Parash Jain, Head of Shipping & Ports ...

Using data from its Global Liner Performance (GLP) and Trade Capacity Outlook (TCO) databases Sea-Intelligence said that in August this year 3.1m teu, or 12.5% of shipping capacity was out of ...