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Update: Maersk boxship loses around 90 containers in North Pacific

Maersk has confirmed that the 4,578 TEU Dyros has lost at least 91 boxes in the North Pacific Ocean because of rough weather on...

Costamare proceeds with its fleet renewal

Costamare has unveiled the acquisition of three containerships and the sale of another two, continuing its fleet renewal, according to the company's third-quarter financial...

Another Costamare scrapping comes after demolition market upturn

Hong Kong Convention compliant ship-breaking is receiving more green recycling enquiries, especially for container ships, according to a Braemar shipbroker analyst. One of the ships...

Seven ship sale and leaseback deal sees Hapag-Lloyd increase liquidity

Hapag-Lloyd has confirmed that it has sold seven 9,326TEU container ships to Bank of Communications Financial Leasing (Bocomm Leasing) for an undisclosed price. Container News...

Economic indicators ease as Hapag increases Asia-Europe capacity

In some positive economic news the shipbroker Braemar Shipping reported that China’s economy, which saw a severe decline in the first quarter, returned to...

Yang Ming wants to increase owned capacity says Chairman

Yang Ming Marine Transport (YM) wants to increase the proportion of owned capacity in its fleet, from the current 30% to 45%, in an...

Costamare closes sale-leaseback deal for Yang Ming chartered vessels

Greek tonnage provider Costamare has concluded a sale-and-leaseback deal with the Bank of Communications Financial Leasing (Bocomm Leasing) for five 12,690TEU vessels that will...

Another Costamare demolition marks the limit of scrapping candidates

Shipbroker Braemar is forecasting a significant increase in the demolition of feeder ships in the sector makes up the bulk of the 550 idled...

Costamare ship sale will herald new era in boxship demolition

A steep decline in demand as a consequence of the Covid-19 crisis and the faltering charter market has sparked an interest in the scrapping...

Costamare acquires 5 containerships of York Capital

Costamare Inc. (the "Company") announced on November 19 the acquisition of the 60% equity interest of York Capital in five 2016 - built 14,000 TEU...
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