Matson has christened Makua, the first of three new containerships in a fleet investment program valued at approximately $1 billion. The ceremony took place at Hanwha Philly Shipyard on October 10, with the announcement issued on October 12. Makua is scheduled for delivery in…
If you charter ships, book container space or own tonnage built in China, the date to circle this autumn isn't in Shanghai or Rotterdam. It's in a…
Seven weeks from now, the one-year truce on port fees between the United States and China runs out. Unless Washington and Beijing extend it, the US…
Tanker owners have ordered more very large crude carriers this year than at any point in more than a decade, and the count keeps climbing. Estimates…
South Korea has put a number on its bet on American shipbuilding. Under a $350 billion Korea-US investment framework, $150 billion is set aside for…
The container ship orderbook has reached 13 million TEU, the largest ever. That's 38.3 percent of the existing fleet, the highest ratio since the…