• In a significant advance for the regional Liquefied Natural Gas (LNG) industry, Seaspan and AES, sign a Memorandum of Understanding (MoU) that contributes to the development of sustai… Read More
Seaspan Corporation and Hapag-Lloyd have partnered with MAN Energy Solutions to retrofit up to 60 containerships to use green methanol as marine fuel. MAN Energy Solutions announced it signe… Read More
Israel-based ocean carrier Zim (NYSE: ZIM) is cutting its exposure to the freight market by offloading multiple leased vessels. News of its divestment strategy was first reported in late Ju… Read More
Decarbonizing shipping is like herding cats, and that herd, otherwise known as the International Maritime Organization (IMO), unveiled major new global emission-reduction targets Friday… Read More
Concrete has been poured for the construction of a floating facility that will be the home base to the greenest tugboat fleet in the world. HaiSea Marine, majority owned by the H… Read More
VANCOUVER, BC, May 25, 2023 /CNW/ – Making sure that members of the Canadian Coast Guard have the equipment they need to keep Canada’s waterways navigable and safe is a key pri… Read More
Foreign container lines were widely blamed for stratospheric freight rates during the supply chain crisis. President Joe Biden proclaimed last June he was “viscerally angry” at t… Read More
Davie Shipbuilding, Canada’s largest shipbuilder, has been named an official partner in the country’s National Shipbuilding Strategy (NSS), Davie joins Irving Shipbuilding Inc. i… Read More
Shipping stocks are having a good run, generally outperforming the S&P 500, Dow Jones Industrial Average and NASDAQ 100 during the past three years amid the pandemic and Russia-Ukraine… Read More
Zim, the world’s 10th-largest ocean carrier, announced a big earnings beat for the fourth quarter and paid out a higher-than-expected dividend. However, it faces a tough year ahead, w… Read More
Asset manager Atlas (NYSE: ATCO), parent to container leasing company Seaspan Corporation, has agreed to a all-cash buyout by an entity made up of its existing major shareholders and Ocean… Read More
Esquimalt is a municipality located right on the southernmost tip of Vancouver Island, just minutes from Victoria. Esquimalt’s location right along the shoreline means it’s home… Read More
By Layan Odeh (Bloomberg) — A consortium led by former Berkshire Hathaway Inc. executive David Sokol and Canadian investment group Fairfax Financial Holdings Ltd raised its offer… Read More
A consortium made up of a controlling shareholders of NYSE-listed Atlas Corporation (ATCO) and Japanese container carrier ONE have made non-binding offer for the full buyout of the asset man… Read More
Containership lessor Seaspan Corporation has once again expanded its newbuild orders, announcing it has entered into shipbuilding agreements for the construction of four 7,700 TEU dual-fuel… Read More
There were high hopes in the 2000s and even the 2010s that ocean shipping would evolve into something more than a niche trading and investing space on Wall Street.
The hope was that conso… Read More
Spanish authorities are examining the sudden disappearance of a 50,789 DWT container ship captain. The vessel reached the Port of Algeciras late last week.
The Algeciras Express set sail fro… Read More
Classification society DNV and Atlas Corp.’s (“Atlas”) shipping arm, Seaspan Corporation (“Seaspan”), the world’s largest independent containership owner… Read More
First-moving ports in Northern Europe and the Baltic Sea initiate an ambitious real climate action partnership with the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping. T… Read More
South Korean shipbuilder Samsung Heavy Industries has awarded French engineering firm GTT with a contract to design Ammonia-ready LNG fuel tanks for five 15,000 TEU containerships. The conta… Read More
Seaspan Corporation (“Seaspan”), a wholly-owned subsidiary of Atlas Corp. (“Atlas”), secured the last of its financings for its full 70 vessel newbuild program, inclu… Read More
Germany's MAN Energy Solutions said on November 23 it had secured a contract from Chinese shipbuilder Yangzijiang Shipbuilding to supply 10 ME-GI LNG engines for 7,000-teu contain… Read More
Israeli shipping company ZIM said September 1 that it exercised an option to charter another five container vessels from Seaspan Corp. that are powered by LNG.ZIM was granted the option to c… Read More
HaiSea Marine, a joint venture of Haisla Nation and Seaspan, has entered into a contract with Turkey’s Sanmar Shipyards for a fleet of five tugboats that will support the Anglo-Dutch S… Read More