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Largest custom-built feeder vessels to date in the Baltic

In a few days, Maersk is expected to deploy the first vessel from a brand new generation of feeder ships, which will be the largest custom-built vessels to sail in the Baltic. The vessels could radically change the dynamic in North European feeder sailing, reports Alphaliner.

Unifeeder hit by dominance of German banks

The downturn in German shipping means that a smaller number of banks have now taken over a large number of feeder vessels from ailing shipowners. This development was noted at Unifeeder in the first half of 2016, as charter prices increased. Yet this trend has turned around, says CEO Jesper Kristensen.

Seago Line in executive board reshuffle

Seago Line, which is owned by Maersk Line, is changing the composition of its executive board, which will go from seven members to four. For the carrier, it will be "business as usual" going forward, says Maersk Line to ShippingWatch.

The container downturn will now hit Seago Line

After presenting a solid profit in the most recent annual report, Maersk Group's European feeder and short sea carrier Seago Line can no longer withstand the downturn in the container industry, says CEO Søren Castbak to ShippingWatch after six months as head of the carrier.

Unifeeder subsidiary begins Iranian sailings

Unimed Feeder Services, a subsidiary of container carrier Unifeeder, is the first operator to have implemented a deal with Iranian IRISL for feeder sailings which cover Iran, writes Alphaliner.

SeaIntel: Feeder ships will be next order boom

The next battleground for orders among container carriers will be centered on the smaller feeder vessel segment, projects SeaIntel in a new analysis. This indicated by the age profile and the current orderbook, even though the market today is struggling with a vast overcapacity.

Unifeeder-acquisition to strengthen Baltic activities

Unifeeder's takeover of Norwegian shortsea carrier Tschudi Lines will strengthen the company's Baltic Sea business at a time characterized by declining volumes from the Far East as well as consequences from the Russian crisis, CEO Jesper Kristensen tells ShippingWatch.

Unifeeder acquires Norwegian Tschudi Lines

Equity fund-owned Unifeeder acquires carrier Tschudi Lines, which operates activities in the North Sea and the Baltic Sea, from Norwegian transport group Tschudi Logistics, reports Alphaliner.

Evergreen orders another ten feeder vessels

Another order for ten feeder vessels forms part of Evergreen's bet on regional trade in Asia. The order falls under a larger venture with a newbuilding program totaling more than 30 ships.

Evergreen orders ten new feeder vessels

Taiwanese Evergreen has just ordered ten new feeder container ships which, according to plan, will be deployed in the intra-Asia trade. An upcoming free trade agreement will create growth opportunities, states the carrier.

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