On the wires: Boxship boom turns to bust, bigly!
Here comes the pain
Seaspan Corporation announced today that Yang Ming Marine Transport Corp has confirmed the term of the fixed-rate time charters for the five 14,000teu SAVER design containerships currently being constructed at CSBC Corporation will be extended to 10 years with one two-year option.
European port congestion now at five-to-six days, and getting worse
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'Cargo collision' expected as transpacific capacity tightens and rates rise
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Another CMA CGM vessel heading for Suez Canal – 'to mitigate schedule delay'
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