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Top News In ஸ்டீபன் கோர்டந் Today - Breaking & Trending Today

Old container ships are hot property right now

Spurred on by demand for freight shipments, old vessels are selling at much higher prices ....

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Hot Market Quadruples Prices for Used Containerships – gCaptain

Hot Market Quadruples Prices for Used Containerships – gCaptain
gcaptain.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gcaptain.com Daily Mail and Mail on Sunday newspapers.

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container-shipping: Ocean-cargo boom fuels $10 billion spree for new container ships

iStock
Shipping’s return to favor is also reflected in ZIM’s $217.5 million initial public offering on the New York Stock Exchange.
Story outline
Shipping’s return to favor is reflected in ZIM’s $217.5 million IPO on the New York Stock Exchange.
After falling 23% on their first day of trading Jan. 28, the shares have rallied almost 75%.
The recent string of orders appears to be aimed at replacing some aging vessels.
Some of the world’s largest container-shipping lines are ordering new vessels amid surging demand for ocean-cargo services, giving a long-awaited boost to the outlook for shipyards in Asia.
The number of container ships on order rose by 23 to 201 last week, the biggest weekly gain in two years, according to IHS Markit data compiled by Bloomberg. ZIM Integrated Shipping Services Ltd., an Israeli company that went public in late January, and Taiwan’s Evergreen Marine Corp. have announced recent purchases or chartering deals. ....

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Cargo Boom Fuels $10 Billion Spree for New Containerships – gCaptain

Cargo Boom Fuels $10 Billion Spree for New Containerships – gCaptain
gcaptain.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gcaptain.com Daily Mail and Mail on Sunday newspapers.

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Grant Shapps to speak at UK Chamber of Shipping Virtual Conference | Hellenic Shipping News Worldwide

Grant Shapps to speak at UK Chamber of Shipping Virtual Conference
The Transport Secretary Grant Shapps will be one of the morning speakers at the UK Chamber of Shipping’s Virtual Conference, it has been confirmed today (5 February).
The Secretary of State will join Her Royal Highness, The Princess Royal, Chamber President John Denholm and Shipping Minister Robert Courts in the morning session of speakers. Following this, Dr Grahaeme Henderson OBE, Global Head of Shipping and Maritime at Shell and Nikolas Tsakos, Founder, President and CEO of Tsakos Energy Navigation Limited will deliver the morning’s debate, sponsored by Lloyd’s Register and moderated by Paddy Rodgers. ....

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