Yang Ming finally places order for five 15,000 teu newbuildings

Yang Ming is to finally make a long-awaited order for neo-panamax newbuildings, more than a year after its peers began fleet expansion amid rocketing freight rates.
On 14 January, the Taiwanese liner operator’s directors approved orders for five 15,000 teu ships, along with 20,000 new 40ft containers, to fulfil the company’s Asia-Europe and transpacific services, as well as for fleet renewal in the long term.
Yang Ming has been conservative in its …

The post Yang Ming finally places order for...

https://theloadstar.com/yang-ming-finally-places-order-for-five-15000-teu-newbuildings/

Ever Given finally released from custody in Egypt

The Ever Given finally is on the move again.

Egyptian officials apparently were just as happy to see the once-stuck container ship sailing again as the vessel’s operator, Evergreen Marine, and shippers with cargo aboard the 20,000-TEU ship. Flowers and a plaque reportedly were presented and the departure of the Ever Given was shown live on Egyptian television Wednesday. 

“I announce to the world that we have reached a deal,” Suez Canal Authority Chairman Osama Rabie was quoted as saying. 

Media...

https://www.freightwaves.com/news/ever-given-finally-released-from-custody-in-egypt

Ever Given could resume voyage 3 months after Suez Canal grounding

The UK P&I Club, an insurer of the Ever Given, is reporting an agreement has been reached with the Suez Canal Authority (SCA) and the container ship could be released from custody in Egypt soon. 

That’s good news for owners of the cargo aboard the Evergreen Marine-operated vessel, which was en route from Yantian, China, through the Suez Canal to the Port of Rotterdam in the Netherlands on March 23 when it was reportedly hit by strong winds and ran aground. It became stuck sideways in the Suez...

https://www.freightwaves.com/news/ever-given-could-resume-voyage-3-months-after-suez-canal-grounding

SCA, Ever Given owners and insurers come to a deal in principle

An agreement in principle has been reached among the Suez Canal Authority (SCA), the owners of the 20,388TEU Ever Given, which blocked the Suez Canal in March, and the vessel insurers.

“Following extensive discussions with the Suez Canal Authority’s negotiating committee over the past few weeks, an agreement in principle between the parties has been reached,” said UK P&I Club in a statement.

According to reports, the deal comes after an increased offer from the Japanese shipowner of Ever Given,...

https://container-news.com/sca-ever-given-owners-and-insurers-come-to-a-deal-in-principle/

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon