Russian strikes on Kyiv kill 9
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Iran attacks ships in Strait of Hormuz
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Second mate Bryan Boyle provides insight into the everyday life of cargo ship crew members as they spend holidays at sea.
MPC Container Ships ASA operates in the smaller container ship segment, focusing on time charters for major liner companies. Read why MPZZF stock is a Hold.
A CMA CGM container vessel was hit by a projectile in the Strait of Hormuz Saturday—one of multiple ships that reported being under fire as tensions in the oil conduit re-escalated over the weekend. The vessel was the subject of “warning shots,” the ...
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MPC Container Ships' recent $340M acquisition of four 7,000 TEU vessels shifts its fleet toward larger, more cascading-exposed ships. Read more on MPZZF stock here.
Daily spot rates on the China-to-U.S. West Coast lane — the most important trade lane in international container shipping — have climbed from $1,800 in March to more than $6,100 today, a jump of roughly 239%, according to FreightWaves. The increase is ...
But container ships aren't like supertankers, which can deliver their cargo through a big ol' hose. Dock facilities tend to place the upper size limits on machines like the MSC Tessa, and the current limits are likely to remain about as big as these things can get until a useful number of ports worldwide build out the land infrastructure to deal with something bigger.