Tag: containerships

Hapag-Lloyd is ordering up to thirty new liquefied natural gas (LNG) dual-fuel container vessels in China, marking a significant expansion.

On October 2, 2024, at approximately 12:40 AM, the Malta-flagged container ship “CMA CGM Balboa” collided with the COMPAS port facility in Barranquilla, Colombia. 

Piraeus Port Authority (PPA) has achieved remarkable growth in revenue and profits for the first half of 2024, once again delivering the best performance in its history for this period.

BIMCO, Chief Shipping Analyst, Niels Rasmussen, looks at the steep drop recorded in Q3 in the Shanghai Containerized Freight Index. The index gives a strong indication of the market’s supply/demand balance in a new analyisis by BIMCO. 

Ningbo Zhoushan Port has announced plans to expand its operations with a new terminal boasting an annual handling capacity of 2 million TEUs.

The September's Shipping Market Overview & Outlook from BIMCO has been released which features an analysis of the container shipping market regarding supply and demand.

According to Reuters, India plans to enhance its container shipping capacity by purchasing additional second-hand vessels. 

According to Container xChange, in September 2024, container trading and leasing rates in China have seen a significant decline following disruptions due to typhoon. 

A fire broke out in a container holding 15,000 kilograms of lithium batteries at the Port of Montreal on the evening of September 23.

Lloyd’s Register (LR), Mediterranean Shipping Company (MSC), Shanghai Merchant Ship Design & Research Institute (SDARI) and MAN Energy Solutions (MAN-ES) have signed a new Memorandum of Understanding (MOU), and the Liberian International Ship and Corporate Registry (LISCR), to enhance the design for the ammonia dual-fuel operation of an 8200 TEU container ship.