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Top 5 Carriers to Dominate Container Shipping, Says Drewry

If we include both APL and UASC within their new parents, the Top 5 ocean carriers now control approximately 54% of the world’s containership fleet, says Drewry. In 2015, the top 10 carriers were close to controlling 90% of the market. It is…
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UASC to Retrofit Mega-Containership Fleet with Dual Fuel Power

Vehicles / Watercraft : gCaptain

United Arab Shipping Company (UASC) has announced today plans to retrofit its future fleet of ultra-large (14,000 – 18,000 TEU) containerships with dual-fuel power capability. The vessels, which include five [...]

UASC Names 13,500 TEU Containership

Vehicles / Watercraft : MarineLink.com

United Arab Shipping Company increases its fleet with more 13,500 TEU vessels; The United Arab Shipping Company (UASC) names 13,500 TEU containership in Hamburg on 25 May.

APL Cuts Fleet’s Carbon Dioxide Emissions Nearly in Half

Vehicles / Watercraft : gCaptain

APL, the container shipping unit of Singapore-based Neptune Orient Lines, says it has reduced its fleet’s carbon dioxide emissions by 45.5% in 2015 compared to 2009 levels. APL says the achievement marks the company’s highest carbon...

Containership Owners Rapidly Idling Vessels As Market Slows, Drewry Says

Vehicles / Watercraft : gCaptain

The world’s idle containership fleet swelled to 238 vessels and topped 900,000 TEU in November as owners rapidly lay up containerships as the market slows, according to new figures from the global shipping consultancy Drewry Maritim...

UASC Names Ultra-large LNG-ready Containership

Vehicles / Watercraft : MarineLink.com

United Arab Shipping Company (UASC) named container vessel M.V. Barzan at Hyundai Samho Heavy Industries (HSHI), Mokpo South Korea today. The ship, the largest in UASC’s fleet to date,

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