Category: Boats

Probably yet another good sign… Container ship deliveries to hit record in July Deliveries of new containerships will hit a record monthly high of 200,000 20-foot equivalent units (TEUs) in July, extending a year long influx of capacity that may stall the recent rise in ocean freight rates, a leading analyst said. The previous record … Continue reading “Container ship deliveries to hit record in July”

Probably a another good sign… Mærsk reactivates laid up container vessels A.P. Møller-Mærsk has reactivated all six container carriers that have been laid up in Scottish Loch Striven for more than a year. The rates for container transportation have increased and there is now a huge demand for container carriers. Five of the laid up … Continue reading “Mærsk reactivates laid up container vessels”

Probably yet another good sign… Lakes Iron Ore Trade Up 106% in May Iron ore shipments on the Great Lakes totaled 6.3 million net tons in May, an increase of 16.4% over April, and an increase of 106% compared to a year ago. Shipments were also up 4.6% compared to the month’s five-year average. May … Continue reading “Great Lakes Iron Ore Trade Up 106% in May”

Probably a another good sign… Evergreen plans to purchase 100 new cargo ships amid recovery Taipei, June 2 (CNA) The chairman of the Evergreen Group, a Taiwan-based shipping conglomerate, has confirmed that its maritime shipping unit will order 100 new ships to modernize its fleet amid the global economic recovery. “It will take at least … Continue reading “Evergreen plans to purchase 100 new cargo ships”