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Home Shipbuilding Readers’ Picks of the Week (Aug 29 – Sept 2, 2016)

Readers’ Picks of the Week (Aug 29 – Sept 2, 2016)

September 4, 2016

Readers’-Picks

Readers Pick of the Week

Hanjin Files for Court Receivership, HMM to Buy Its Assets

The financially troubled Hanjin Shipping has succumbed to the prolonged depression in the shipping market as the South Korean carrier decided to file for court receivership… Read More

Readers Pick of the Week

Interview: More Boxships Set to Join Scrap Markets in 4Q

As the shipping industry saw an abundance of vessels leading to overcapacity in the shipping industry, accompanied with depressed freight rates, a number of shipowners opted to dispose of their vessels selling them for scrap… Read More

Readers Pick of the Week

CMA CGM Severs Ties with Hanjin

French shipping major CMA CGM has sent a notice of termination to South Korea’s Hanjin Shipping related to each of the company’s services with immediate effect… Read More

Readers Pick of the Week

Containership on Fire at Port of Hamburg

The 2015-built containership CCNI Arauco has ignited at the German port of Hamburg on Thursday, according to data provided by the local fire department… Read More

Readers Pick of the Week

Drewry: Container Shipping Rates See Signs of Reversal

Volatility in container shipping freight rates is expected to remain very high as long as over-capacity and carrier industry instability continue… Read More

World Maritime News Staff