The independent containership owner and manager agreed to pay $5.2 million for each of the four 4,275-TEU containerships.

Containership owner and lessor Rickmers Maritime last month denied having sold the seven-year-old boxship India Rickmers for scrap, but has since admitted to selling the vessel in relation to a settlement of senior loan facilities.

Five large terminal companies and the Port of Rotterdam Authority filed the “Global Ports Group Agreement” with the Federal Maritime Commission to promote the efficiency and effectiveness of the container port industry.

Five large terminal companies and the Port of Rotterdam Authority filed the “Global Ports Group Agreement” with the Federal Maritime Commission to promote the efficiency and effectiveness of the container port industry.

A federal district court in Utah has ordered C.R. England to pay 6,336 drivers a total of $2.35 million in back pay and fees associated with the company’s driver training program, according to a report from the Commercial Carrier Journal.

BlueWater Reporting illustrated how the average size of vessels transiting the Panama Canal significantly increased since the waterway’s new locks opened in June.

Danish ocean carrier Maersk Line said the vessels are deployed on the TP10 and TP18 services and represent about 1 percent of the carrier’s overall fleet.

Mediterranean Shipping Co.’s 13,092-TEU containership MSC Regulus collided with the Ecuadorian fishing vessel Don Gerardo II early Saturday morning, reportedly killing at least five people and injuring a dozen more.

In addition, ZIM said it would “upgrade” its all-water ZCP service, which deploys company-owned tonnage between Asia and the U.S. East Coast, to “offer inland destination solutions to major locations.”

Shipment volumes in November 2016 slipped 3 percent from October and 0.5 percent compared with the same 2015 period following the first year-over-year increase in the previous 20 months, according to the latest Cass Freight Index Report.