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20,568 TEU Madrid Maersk is World’s Largest Containership

April 24, 2017 12:05 am Published by

Just weeks after the delivery of the first 20,000+ TEU containership, the 20,150 TEU MOL Triumph, the Madrid Maersk has broken the record for the world’s largest containership. According to Alphaliner, the Madrid Maersk can accommodate 20,568 TEUs, making it …

Maersk Line shipping containers

MPC Container Ships Raised $100 Million For Container Ships

April 18, 2017 12:05 am Published by

The container shipping industry is witnessing a recovery, with freight rates above 2016 levels and charter rates trending upward in the first quarter of 2017. To address the rising demand, MPC Capital has established MPC Container Ships and raised $100 …

an agreement

Greece Wants Better Offers For Thessaloniki Majority Stake

April 17, 2017 12:05 am Published by

Greece has asked for better financial offers from the three companies bidding for a majority stake in the port of Thessaloniki. Parties interested in the country’s second-largest container hub include P&O Navigation (DP World), International Container Services, and Terminal Link …

shipping industry greece

China Shipping Companies Investing Billions in Global Ports

April 13, 2017 12:05 am Published by

To control one of the world’s busiest trade loops and ease the movement of Chinese goods, Chinese state-run shipping companies – like Cosco Group and China Merchant Holdings International – are investing billions of dollars in ports worldwide.

According to …

china shipping container lines company

Crowley Isla Grande Terminal Receives 3 Ship-to-Shore Cranes

April 12, 2017 12:05 am Published by

Three new, ship-to-shore cranes, constructed in Ireland, were delivered to Crowley Puerto Rico Services' Isla Grande Terminal in San Juan. The cranes are an important part of the $130 million Crowley is investing in infrastructure improvements to its Isla Grande …

an agreement

PO Ports Wins 30-Year Concession For Bosasso Port Project

April 11, 2017 12:05 am Published by

P&O Ports,owned by the Dubai Government, has won a 30-year concession for the management and development of a multi-purpose port project at Bosasso, in the Puntland State of Somalia. The approximate investment for the modern multi-purpose facility will be USD …

investing partnership