Vessel Fire Claims Six Casualties

Vessel Fire Claims Six Casualties

Six people have lost their lives in an incident involving a vessel fire at the Port of Durban, according to the South African Maritime Safety Authority (SAMSA). The authority confirmed the casualties, adding that the extent of the fire caused the...
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Evergreen Orders Four Feeder Vessels

Evergreen Orders Four Feeder Vessels

Taiwan-listed container shipping major Evergreen Marine has placed an order for the construction of four feeder vessels at a Chinese yard. The containerships, which were ordered from Jiangnan Shipyard, will feature 2,500 TEU. Evergreen Marine is paying USD 31...
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Cosco to aquire OOIL for $6.3b, hits 400 vessels

Cosco to aquire OOIL for $6.3b, hits 400 vessels

Chinese shipping giant Cosco is set to buy its Hong Kong rival OOIL for $6.3bn (£4.9bn). The deal would make Cosco the world’s third biggest shipping company, with more than 400 vessels. OOIL’s majority owner has accepted the bid, though...
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World’s largest boxship joins Maersk Line’s fleet

World’s largest boxship joins Maersk Line’s fleet

Danish container shipping major Maersk Line has taken delivery of Madrid Maersk, a 20,568 TEU boxship, from South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME), the shipping company told World Maritime News.  The ultra large container...
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