The shipping industry is an integral part of international trade. Over the past 40 years, global maritime trade has increased 10X in value. Just like other transportation sectors aviation and auto, shipping also has some level of carbon emissions. In the Announced...

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Hamburg Express belongs to a series of 12 ships that also includes Singapore Express, which was delivered in May of this year. All 12 ships in the series were built by Hanwha Ocean of South Korea. Hamburg Express has a capacity of 23,660 TEUs and can run LNG, which is...

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Pacific International Lines (PIL) is accelerating the renewal of its fleet with an order for another five 9,000 TEU liquefied natural gas (LNG) dual-fuel container vessels. The vessels will be built by one of China’s leading shipbuilders, Hudong-Zhonghua Shipbuilding...

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Evergreen has secured an impressive $30 million from the sale of the 1996-built, 5,364 TEU Ever United, which is scheduled to deliver charter-free later this month. “This remarkable sale at a historically high level highlights the continued scarcity of tonnage in both...

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