Container production reaches record level
NewsA record number of containers were manufactured in 2021 as trade growth continued and severe levels of congestion across supply chains meant...
Korean companies planning to build containers in Vietnam
NewsNew venture includes Ace Engineering, which currently produces special containers including the “Ultra Freezer” reefer and has links bac...
Foldable boxes complete intermodal tests
NewsThe first industrial series of Zbox foldable containers has successfully completed their first trips by road and by sea, in collaboration wi...
Box plant for Vietnam
NewsSouth Korean state-backed ship finance provider Korea Ocean Business Corporation (KOBC) has announced that it is supporting Korean companies...
Container prices to shift downwards
NewsNew container prices are set to ease, but any fall-back to 2018-19 levels, when a 20ft dry freight container could be purchased for as littl...
Textainer sees its prices holding
NewsCommenting at Textainer’s Q3 2021 results announcement, president and CEO Olivier Ghesquiere offered a slightly different outlook to Drewr...
CIMC’s net profit surges 1,739% in H1 2021
NewsAs its profits soared CIMC says it turned on all the taps it could to maximise new container production at its facilities in the first half ...
China’s box builders to hit 5M TEU
NewsA record number of maritime containers will be built in 2021 and several new factories are likely to be opened next year as the demand for e...
Overseas box builder challenges
NewsThere is the possibility that China’s almost total dominance of the maritime container manufacturing sector could be challenged in the nex...
MCI produces Star Cool unit number 400,000
NewsMaersk Container Industry (MCI) celebrates a milestone for its Star Cool reefer machine as HMM prepares to receive the 400,000th machine....
Container industry cashes in on high demand for boxes
NewsThe container industry is enjoying its most profitable period in over a decade as shipping lines and leasing companies scramble to purchase ...
FUWA reefers for Evergreen
NewsEvergreen Marine has placed an order for 6,000 reefer containers with Guangdong Fuwa Equipment Manufacturing Co Ltd....
Hapag-Lloyd buys another 60,000 TEU
NewsSecond investment means carrier is adding 210,000 TEU this year....
A.P. Moller – Maersk confirms MCI up for sale
NewsCEO Søren Skou said the Maersk Group is “considering its strategic options for MCI”....
Vietnam’s Hòa Phát to build containers
NewsVietnam’s largest steelmaker is to invest in the maritime container manufacturing sector and is planning to build a factory close to the l...