Suez Canal Traffic Still Depressed Despite End to Attacks
A BIMCO report shows that traffic through the Suez Canal remains significantly reduced more than three months after the most recent Houthi attack
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Indian Crew Arrested After Cocaine Found on Bulk Carrier
Crew from bulk carrier Aruna Hulya were arrested at port of Lagos, Nigeria, after authorities discovered 31.5 kilograms of cocaine hidden onboard
V.Group Acquires Njord Fuel Efficiency Platform
V.Group has acquired Njord, the maritime fuel efficiency and decarbonization platform established by Maersk Tankers, for an undisclosed amount.
Korean Register Names Lee Yongsok as New Chairman
Classification society Korean Register (KR) has named Lee Yongsok as its 26th chairman and chief executive following an election on December 23rd
Palau Takes State Control of Ship Registry After Sanctions
Palau Government to nationalize the Palau Open Ship Registry following sanctions imposed on the private company that previously operated the flag
Police Board Vessel After Baltic Sea Cable Damage
Latvian authorities boarded a ship on January 4 as part of an investigation into damage to an undersea cable in the Baltic Sea that was discovered
Cargo Ship Freed After Grounding Off Devon on New Year’s Eve
A large cargo vessel named the Scot Pioneer was left stranded for several hours on New Year’s Eve after running aground near the Devon coast.
Finnish Authorities Detain Fitburg Over Cable Damage Case
Finnish officials seized cargo ship Fitburg on Wednesday on suspicion it caused damage to undersea telecommunications cable linking Helsinki and Tallinn.
DHT Sells Two Aging VLCCs as Fleet Renewal Continues
VLCC owner DHT Holdings is selling two of its oldest tankers, extending its ongoing fleet renewal strategy amid continued strength in vessel prices.
Tanker Zhong Fa Disabled After Engine Failure in Taiwan Strait
The Honduras flagged oil and chemical tanker Zhong Fa lost maneuvering ability while passing through the Taiwan Strait on December 21st.
Swedish Authorities Board Russian Tanker Adler for Inspection
Swedish authorities boarded and searched the Russian flagged tanker Adler on December 21 while it was anchored in Swedish territorial waters.
Odfjell Launches First Green Deep Sea Corridor Brazil–Europe
Norwegian chemical tanker operator Odfjell has introduced the world’s first regular green corridor for deep sea shipping between Brazil and Europe
SSY to Acquire Grieg Shipbrokers in Major Expansion Move
United Kingdom based shipbroking group SSY has reached an agreement to acquire Grieg Shipbrokers, one of Scandinavia’s oldest brokerage firms.
Notorious Bulk Carrier Sage Sagittarius Sold for Scrapping
Nippon Yusen Kaisha’s Sage Sagittarius, a 25 year old post panamax bulk carrier known for its troubled past, has been sold for demolition.
Hapag-Lloyd Orders Methanol-Fueled Ships in Fleet Upgrade
Hapag-Lloyd has advanced its fleet modernization strategy by ordering eight dual-fuel methanol container ships from China’s CIMC Raffles.