Global Ship Lease secures multiple charter contracts, disposes of feeder pair

London-based containership owner Global Ship Lease (GSL) has secured a series of charter extensions and new charters, while also disposing of two elderly boxships. The company has chartered out five 2,200 – 2,500 teu feeder ships Julie, Manet, Maira, Nikolas and Newyorker, to Sea Consortium, Sea...

Airbus orders in 2020 cut in half by COVID-19


European aircraft manufacturer Airbus (OTCMKTS: EADSY) received four orders in July compared to 33 last year as airlines downsize and rein in capital expenses to survive the travel fallout from the coronavirus pandemic.

Year-to-date through July, orders at Airbus are down by half. The airframer said it received 302 net orders after customers canceled orders for 67 aircraft. In 2019, the aircraft manufacturer had 768 net orders. 

Most of the airplanes ordered were mid-range, single-aisle planes...

Commentary: 20-foot container crunch may impact harvests

The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.  

The U.S. agriculture industry has faced numerous headwinds during the COVID-19 pandemic, and with harvests just around the corner, there is a trend developing that could impact the availability of the industry’s desired 20-foot containers.

Wheat waving in the breeze.
(Photo: Melissa Askew/Unsplash)

Containership lines’ blank sailings over the past few months...

Euronav: Crew change crunch is shipping’s ‘largest ever humanitarian and logistical crisis’

Belgian tanker giant Euronav announced its interim results, and spent plenty of time discussing the crew change crunch. In a release, the company described the ongoing seafarer impasse as “the largest ever humanitarian and logistical crisis facing the maritime sector”. Euronav said the disruption...