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In response to weak demand, Maersk has also cancelled options for eight containerships - six 19,630-TEU vessels and two 3,600-TEU feeder ships - and could cancel eight more, according to the Danish shipping conglomerate.
Chinese carriers COSCO and China Shipping told the Federal Maritime Commission they are in the beginning stages of a merger, while Bloomberg reported CMA CGM has entered into talks to buy APL parent Neptune Orient Lines.
The German ocean carrier is expected to price shares at the bottom of its initial range of 23 euros to 29 euros per share, according to multiple media reports.
The Crown Emma ran aground on the western bank of the Bosphorus Strait near Kirecburnu, Turkey and nearly collided with a gas station on shore, according to reports from Splash 24/7.
Meanwhile, a Federal Aviation Administration task force released its recommendations regarding a registration program for unmanned aircraft systems that will affect the use of drones in both commercial and recreational settings.
The Danish ocean carrier increased average vessel capacity on its AC2 loop, which operates between Asia and the western coasts of Mexico, Panama and Colombia, by 13 percent.