Navios Maritime Containers rings up seven-ship refinancing deal

Angeliki Frangou’s Navios Maritime Containers has refinanced debt on seven of its vessels and switched out a purchase obligation on another ship. New York-listed Navios Containers revealed the changes as it reported a small second quarter profit today. It explained the refinancing Source: http://www.tradewindsnews.com

July 30, 2019
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Zeamarine inks largest contract to date

Zeamarine has inked its largest contract to date with the business set to employ its latest newbuildings. The contract with Schenker Australia will see the Zeaborn unit carry 450,000 freight tons from China to Western Australia. Its ZEA-type 14,900-dwt newbuildings will undertake the work, Source: http://www.tradewindsnews.com

July 30, 2019
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OOCL sees top line rise with box volumes

Orient Overseas Container Line (OOCL) has posted an increase in container volumes and revenue for the second quarter. The Hong Kong-based container line posted revenue of $1.57bn during the three-month period, which is a year-on-year increase of 7.1%. OOCL said loadable capacity Source: http://www.tradewindsnews.com

July 29, 2019
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OSM Maritime wins double management deal with DFDS

Bjorn Tore Larsen’s OSM Maritime has secured a two-ship deal with DFDS. OSM will provide both technical and crew management for two DFDS vessels trading between Norway and the UK. Thomas Mork, vice president of technical organization at DFDS, said: “With a Source: http://www.tradewindsnews.com

July 19, 2019
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MSC cracks down on shark fin trade

Swiss liner giant MSC has reiterated its opposition to the trade in shark fins after a booking was made by another carrier. It said: “Following a reported shark fin discovery earlier this year, involving a booking by another container carrier, MSC Mediterranean Shipping Company is taking the opportunity to clarify and raise awareness of its zero-tolerance position on shark fin carriage.” The owner has had a ban in place for…

July 17, 2019
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Fesco acquires German-controlled feeder boxship

Fesco Transportation Group has picked up another feeder containership from German interests. The Russian container carrier has acquired the 822-teu India (built 2003) from interests linked to Danz und Tietjens. The ice-class 1A feedership will be able to Source: http://www.tradewindsnews.com

July 11, 2019
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Dae Sun inks feeder boxship order

South Korea’s Dae Sun Shipbuilding & Engineering Co has added a feedership to its orderbook. Busan’s Dong Jin Shipping has inked a deal for a 1,000-teu boxship at the yard, according to Clarksons. Delivery is set for 2021. No price was given. Dong Jin Source: http://www.tradewindsnews.com

July 4, 2019
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Maersk Line launches bid for share of digital bookings

Maersk Line has launched a digital portal designed to capture the growing volumes of container shipments being booked online. Maersk Spot provides customers a cargo loading guarantee at a fixed price upfront, the Danish carrier said. It has been launched in response to growing volumes of containers shipped online by ­rival carriers, freight forwarders and dedicated container shipping sites. Maersk Spot will compete for those short-term, spot cargoes. The company…

June 26, 2019
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