Boxship

Box Lines In Need of Regulatory And Customer Support

Credit: OneOcean

Container lines have begun shifting to more sustainable marine fuels with support from eco-conscious customers, but robust emissions regulations on global shipping are needed for sector-wide decarbonization, World Shipping Council CEO John Butler told S&P Global Commodity Insights, sources SP Global.

Largest Consumer

Among all maritime transportation sectors, box shipping is the largest consumer of bunker fuels, the biggest source of greenhouse gas emissions as well as the top...

https://mfame.guru/box-lines-in-need-of-regulatory-and-customer-support/

Estabilidad en la Inactividad de los Buques Portacontenedores a Nivel Mundial

La flota global de buques portacontenedores inactivos, conocida como boxship, mostró signos de estabilidad durante la primera mitad de septiembre, en medio de los desafíos que se avecinan, según informó Alphaliner.

Esta entrada Estabilidad en la Inactividad de los Buques Portacontenedores a Nivel...

https://fullavantenews.com/estabilidad-en-la-inactividad-de-los-buques-portacontenedores-a-nivel-mundial/?lang=es

World Container Index Down 2.7% This Week

Credit: Export Org UK

Drewry’s composite World Container Index decreased by 2.7% to $1,494.46 per 40ft container this week, says an article published on their website.

Our detailed assessment
Source: Drewry World Container Index, Drewry Supply Chain Advisors
  • The composite index has decreased by 2.7% to $1,494.46 this week, and has dropped by 78.9% when compared with the same week last year.
  • The latest Drewry WCI composite index of $1,494.46 per 40-foot container is now 86% below the peak of...

https://mfame.guru/world-container-index-down-2-7-this-week/

Only A New Board Can ‘Restore Serenity’, Saverys’ CMB Says

Credit: Venti Views/Unsplash

The top two shareholders in Euronav have made their next moves in the protracted takeover saga for one of Belgium’s top shipping names, reports Splash247.

CMB

The Saverys family-controlled Compagnie Maritime Belge (CMB), Euronav’s top shareholder with a 25% stake, is pushing shareholders to replace the existing supervisory board at the tanker company, something that will be due for a vote on March 23. The existing board is still pushing for a merger with John...

https://mfame.guru/only-a-new-board-can-restore-serenity-saverys-cmb-says/

20-Year Old Mystery Of A Missing Boxship Solved

Credits: Guillaume Bolduc/Unsplash

No doubt, the most famous disaster that comes to mind when talking about shipwrecks is the passenger liner Titanic. But in the cargo world, one of the most shocking remains the sinking of the MV Derbyshire in a mystery that lasted almost 20 years, reports The Freight Waves.

The Incident 

Liverpool firm Bibby Line operated the MV Derbyshire, an oil, bulk and ore (OBE) carrier built in 1976, according to National Liverpool Museums. Four years later, the ship...

https://mfame.guru/20-year-old-mystery-of-a-missing-boxship-solved/

MSC Is Making History With Its Acquisitions

Mediterranean Shipping Co’s stunning secondhand splurge has hit another milestone, says an article published in SeaNews.

60 ships from last August

The Soren Toft-led company has paid Eastern Pacific Shipping $42.5m for the 5,018 teu Kowloon Bay boxship, according to multiple broker reports. This sale comes alongside other recent purchases including the 4,250 teu Alabama, the 3,534 teu Songa Haydn, the 2,564 teu City of Hong Kong, and the 2,492 teu Oregon Trader.

“The extraordinary expansion of...

https://mfame.guru/msc-is-making-history-with-its-acquisitions/

How Is the Boxship Industry Coping Up With Record Freight Rates?

The CEO and founder of Danish container shipping consultancy Sea-Intelligence, Alan Murphy, ponders how close are we to topping out in terms of today’s record freight rates, reports Splash247.

SCFI hitting new highs

The Shanghai Containerised Freight Index (SCFI) hit new highs on Friday. For many months now people have been questioning how much higher spot rates can go. It’s a tricky one, as there are so many unknown variables in play.

Uncharted territory 

First, we are now so far into uncharted...

https://mfame.guru/how-is-the-boxship-industry-coping-up-with-record-freight-rates/

58.3% Increase In The Average Revenue Of All OOCL Trades

OOCL released its first quarter operational update showing an overall increase of 58.3% in its average revenue among all trades, says an article published in The Loadstar.

Revenue growth in different trade headquarters of Hong-Kong

The Hong Kong-headquartered line had seen spectacular increases on its transpacific, Asia-Europe and intra-Asia trades.

The intra-Asia, including Asia-Oceania services, saw liftings grow 28.4%, to 855,901 teu, and revenue grew 91.6%, to $968.7m. The first-quarter...

https://mfame.guru/58-3-increase-in-the-average-revenue-of-all-oocl-trades/

Evergreen Plans To Spend Up To $2.6bn On 20 Boxships

Taiwanese liner Evergreen has announced that it will order twenty 15,000 teu containerships as part of a major fleet expansion plan, says an article published article in Splash247.

Best shipyard to be chosen

The company said it will choose the best suitable shipyards from Hudong Zhonghua Shipbuilding, Jiangnan Shipbuilding, Imabari Shipbuilding, Samsung Heavy Industries and Hyundai Heavy Industries to construct the ships.

What is the anticipated value?

Evergreen expects to spend $2.3bn to $2.6bn on...

https://mfame.guru/evergreen-plans-to-spend-up-to-2-6bn-on-20-boxships/

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