Neptune Orient Lines for Sale

Posted on November 9, 2015 by | Leave a comment

More consolidation in container shipping. Must not be very profitable.

Longshore and Shipping News Logo

http://www.longshoreshippingnews.com/2015/07/hapag-lloyd-ipo-nol-sale-reports-fuel-merger-speculation/

Wall Street Journal Logo

Singapore state-investment company Temasek Holdings has put its struggling $1.7 billion container-shipping company, Neptune Orient Lines, up for sale.

Source: Temasek Puts Neptune Orient Lines Up for Sale – WSJ

Leave a comment

Posted in Logistics, Shipping

Tagged

Concept Boxship Doesn’t Need an Engine Room

Posted on November 3, 2015 by | Leave a comment

A new concept in container ships used LNG fuel and no engine room. Instead there are combined gas-steam turbines that burn LNG.  The prop is driven electrically. It should be greener, more efficient, and more flexible.

Thanks to Robert Gordon for posting on Linkedin Lloyds Maritime Group.

World Maritime News Logo

Source: Study: New LNG-Fuelled Concept Boxship Doesn’t Need an Engine Room | World Maritime News

Leave a comment

Posted in Shipping, Sustainability

Spot container rates skyrocket from Asia to Europe

Posted on October 30, 2015 by | Leave a comment

What’s this about the huge rise in freight rates Shanghai to Europe and to the Mediterranean?

It’s a startling rise, but also note that the price Shanghai to the West Coast is much cheaper than Shanghai to the East Coast.

American Shipper

Since last week, rates from Shanghai to Northwest Europe and the Mediterranean increased by 328 percent and 298 percent, respectively.

Source: Spot container rates skyrocket from Asia to Europe | AS Daily Newsletter | AS Daily | American Shipper

Leave a comment

Posted in Ports, Shipping, Supply Chains

Tagged