Containers
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TS Lines offloads feeder boxships for ‘above market’ price
Latest sales bring tally of containerships sold this year by container line operator to eight vessels, as the Taipei-based company takes delivery of a host of newbuildings
Sanction risks fail to stop carriers’ gold rush in Russian trade
Geneva-based MSC has the biggest presence in Russian trade in capacity terms, followed by Russian domestic carrier Fesco, according to research firm Linerlytica
Welcome aboard, UBS!
It remains to be seen whether UBS will see shipping as ‘strategic’ or ‘non-core’
The week in charts: Russia’s bulk exports to Europe drop 60% | Boxship recycling dominated by feeder ships | US-sanctioned ships don’t lose flag for long
Over 100 falsely flagged ships are trading in plain sight, prices of over $600 per light displacement tonne are now regularly being offered for recycling candidates and charter rate premiums for eco boxships increasing
The week in newbuildings: Suezmax tankers in vogue
Crude oil tankers are making a comeback with two shipowners each having signed up for suezmax units
Chinese port giants report decline in throughput volumes
Port arms of Cosco Shipping and China Merchants have seen container handling volumes down about 6% for the first two months of the year
Over 100 falsely flagged ships are trading in plain sight
The problem of falsely flagged ships linked to fraudulent registries is not new, but it is growing and governments have struggled to tackle the risk of ships operating entirely outside of international scrutiny
Boxship recycling still dominated by feeder ships
Total boxship capacity sold for scrap since December comes to 32,500 teu and has been mainly focused on feeder ships
Is PSA’s stake in Hutchison Ports a fit for Chinese giants?
To spend billions of dollars on a minority equity stake in Hutchison global port portfolio seems to contradict what Cosco Shipping and China Merchants have preferred — high growth potential and a control over how an acquired terminal should be developed
The week in charts: Dark fleet moving sanctioned oil doubles | Cruiseship sector advancing decarbonisation strategy | Bulk exports from Russia remain elevated
Rates and volumes have fallen back to earth a year on from the peak of the container cargo surge, Iran’s oil exports remain elevated and recycling sales dominated by dry cargo and gas sectors
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Latest From Ports and Logistics
One person still missing after fatal crane collapse in Israel
A crane collapsed and damaged a section of the jetty after high winds and hailstorm hit the Ashkelon coal terminal
Port of Los Angeles monthly volumes fall 43%
Volume decline linked to global trade slowdown, new year closures in Asia, and stalled west coast labour contract
Forwarders call for co-operation as pandemic challenges unwind
Freight rates have fallen and container scarcity is now in the past. But forwarders still feel there is an uneven playing field
More from Containers
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Latest From Containers
TS Lines offloads feeder boxships for ‘above market’ price
Latest sales bring tally of containerships sold this year by container line operator to eight vessels, as the Taipei-based company takes delivery of a host of newbuildings
HMM boxship detained in Taiwan after collision with quay
No casualties or oil leak has been reported. Vessel is restricted from leaving the port even though it ‘maintains perfect conditions to sail’
Welcome aboard, UBS!
It remains to be seen whether UBS will see shipping as ‘strategic’ or ‘non-core’
The week in charts: Russia’s bulk exports to Europe drop 60% | Boxship recycling dominated by feeder ships | US-sanctioned ships don’t lose flag for long
Over 100 falsely flagged ships are trading in plain sight, prices of over $600 per light displacement tonne are now regularly being offered for recycling candidates and charter rate premiums for eco boxships increasing
UK lawmakers call for greater clarity on maritime strategy
UK politicians call for investment in new technology, cleaner fuels and workforce training
China doesn’t matter for dry bulk, says Clarksons
Demand growth for grain and coal seaborne trade ‘more than enough’ to support industry, shipbroker tells New York’s Capital Link forum
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