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Containers

Asia-north Europe carriers fail with latest price push

New all-time lows on Asia-north Europe trade, but Asia-Mediterranean carriers achieve partial success with May GRIs

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MOL reports double-digit fall in annual profit as box unit drags

Container shipping division of Japanese carrier continues losing streak and faces reshuffle

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K Line posts $223m in net income as boxship earnings boost results

Japanese giant sees losses in dry bulk, gains in tankers and strong steady business in liquefied natural gas shipping.

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Maersk Tigris seizure linked to cargo dispute

Claim dating back to 2005 may be source of problem

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NYK posts 44% gain in yearly profits on liner and logistics performances

One-off gains from sale of 49% in US terminal and stevedoring business offset extraordinary losses from antitrust cases involving its car carrier unit

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Danaos eyes further boxship opportunities

But Greece-based owner plays down asset-play deals due to shipbuilding capacity overhang

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Seaspan rejects ship-widening as panamax prospects improve

Gerry Wang says owner will only order 20,000 teu vessels on back of charter deal of at least 15 years

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Boxship safety forum seeks to build critical mass

CSSF members now represent 5.5m teu of capacity, or a quarter of the world’s tonnage

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Anchored boxships fall to zero outside LA/Long Beach

Southern Californian ports clearing cargo backlog but labour issues not settled yet

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UASC joins big ship league

World’s largest LNG-ready boxship launched in Mokpo, South Korea

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