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LNG Boom To Stall In 2013

BMI notes that the boom times enjoyed by the liquefied natural gas (LNG) shipping sector in 2011 and 2012 appear to be drawing to a close as we enter 2013. Delays to a number of liquefaction projects...

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Hanjin Shipping (Container Operations)

Hanjin was formed in 1977 and in 1988 merged with Korea Shipping Corporation, becoming Hanjin Shipping Company. Until 2009 the company was part of the Hanjin Group, and has several subsidiaries,...

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Overseas Shipholding Group (OSG)

Overseas Shipholding Group (OSG) grew out of the Maritime Overseas Corporation, founded in 1948. OSG, a Delaware corporation, was incorporated in 1969. The next year it was publicly listed on the...

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Mitsui OSK Lines

Mitsui OSK Lines (MOL)'s container operations are relatively small compared with its dry bulk and tanker operations. In FY12 the container unit's revenue accounted for 37.9% of the group's total. In...

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Mediterranean Shipping Company (MSC)

Mediterranean Shipping Company (MSC) was founded in 1970 in Geneva, Switzerland. It launched its first service between the Mediterranean and South and East Africa in the mid-1970s. In 2003 it became...

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New Mega Influx Gets Underway

BMI View: A new influx of mega container vessels which is set to prolong overcapacity problems in the box shipping sector is getting underway. CMA CGM is launching the largest box ship afloat, the 16...

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