Shipping and Maritime

World’s Largest Container Ship Named

World's Largest Container Ship Named

Samsung Heavy Industries held a naming ceremony for the world’s largest container ship at its Geoje yard on Wednesday.

The 20,150 TEUs MOL Triumph is the first of four ultra-large container ships being built for MOL of Japan. The vessels were ordered in February 2015, and steel was cut for MOL Triumph in January 2016.

Read more...
 

Maersk and Hamburg Süd in East-West Deal

Maersk and Hamburg Süd in East-West Deal

Maersk Line and Hamburg Süd have announced a slot purchase agreement for Hamburg Süd’s volumes on the East-West trades to be shipped on vessels in the 2M network, the shipping alliance between Maersk Line and Mediterranean Shipping Line.

Read more...
 

PwC Advises Court to Liquidate Hanjin Shipping

PwC Advises Court to Liquidate Hanjin Shipping

On Tuesday, the South Korean division of global accountancy firm PricewaterhouseCoopers (PwC) recommended the full liquidation of the bankrupt container carrier Hanjin Shipping. 

“Liquidating Hanjin is more economically viable than letting it continue business on a going concern basis,” the firm said in a Korean court filing.

Read more...
 

Hapag-Lloyd Enters Post-Panamax Market

Hapag-Lloyd holds naming ceremony for first 10,500 TEU ship “Valparaíso Express”
Hapag-Lloyd Enters Post-Panamax Market

PRESS RELEASE

Hapag-Lloyd held a naming ceremony for the “Valparaíso Express”, the first of five new vessels in its new 10,500 TEU class, today. Mrs. Rozío Gonzaléz, the wife of Mr. Andrónico Luksic, Chairman of the Board of the Quiñenco Group, performed the ceremony at the Terminal Pacifico Sur (TPS) in the port of Valparaíso, where the new ship will call regularly in future.

Read more...
 

Maersk Line to acquire Hamburg Süd

Maersk Line to acquire Hamburg Süd

PRESS RELEASE

Maersk Line and the Oetker Group have reached an agreement for Maersk Line to acquire Hamburg Süd, the German container shipping line. The acquisition is subject to final agreement and regulatory approvals.

Read more...
 
<< first < Prev 11 12 13 14 15 16 Next > last >>

Page 14 of 16