Maersk has ordered a total of twenty brand new Triple E container ships from Korea’s Daewoo Shipbuilding & Marine Engineering Co., Ltd. and, when launched, they will be the largest ships in the world. With a capacity of 18000 TEU (twenty foot equivalent) containers on a ship 400 meters long and 59 meters wide these […]
Two cargo ships collided off Mumbai, the MSC Chitra and Khalijia, resulting in a large number of cargo containers sliding overboard and a sizable oil spill. The MSC Chitra listed sharply to the port side after the collision causing the spill. It was carrying 1219 containers, 2662 tons of fuel, 283 tons of diesel and […]
What does declining world trade look like? As trade volume falls, carriers are reducing capacity by idling their ships hoping to minimize losses. These photos taken over Singapore illustrate the cargo ship parking lot that results.