Category Archives: Chartering

Container Ships in Over supply- Blomberg Report

Maersk Shareholders Suffering With Overwhelming Container Supply By Christian Wienberg and Marianne Stigset – Oct 18, 2011 5:00 PM CT The container operations of Maersk, which carries 15.7 percent of the world’s container capacity, according to Alphaliner, lost $45 million … Continue reading

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Shipowner Mothballing New Supertanker !!! FIRST TIME IN 30 YEARS…A SUPERTANKER IS DE-ACTIVATED BEFORE TRADING

http://www.bloomberg.com/news/2011-09-23/new-supertanker-to-be-mothballed-before-getting-cargo-wilhelmsen-says.html shipowner will mothball a newly built supertanker for the first time since the 1980s as a glut of the ships erodes earnings to an unprofitable $1,000 a day. The tanker, capable of carrying 2 million barrels of crude, will … Continue reading

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