Shipping

26 Mar 2024

ONE Announces Plan to Expand Fleet to 3m TEU by 2030

ONE, ranked as the sixth largest shipping line globally, has unveiled a plan to expand its operating capacity to 3 million TEU by 2030.

ONE Announces Plan to Expand Fleet to 3m TEU by 2030
26 Mar 2024

Baltimore Collision Ship Confirmed as Chartered by Maersk

The owners of the Singaporean-flagged container vessel involved in the collision with the Francis Scott Key Bridge earlier have issued a statement.

Baltimore Collision Ship Confirmed as Chartered by Maersk
26 Mar 2024

Update: Baltimore Bridge Collapse After Boxship Collision

The Baltimore City Fire Department, which is on the scene, reports that approximately 20 individuals and multiple vehicles were plunged into the river.

Update: Baltimore Bridge Collapse After Boxship Collision
25 Mar 2024

MSC Acquires 42% Stake in Logistics Specialist Clasquin

Maritime heavyweight MSC has, through its affiliate Shipping Agencies Services, agreed to purchase a 42% share in freight forwarding company Clasquin

MSC Acquires 42% Stake in Logistics Specialist Clasquin
22 Mar 2024

Itochu & U-Ming Singapore Sign MoU for Ammonia Dual-Fuel Bulkers

U-Ming Marine Transport has entered into a MoU with the Japanese conglomerate Itochu to co-own and manage ammonia-powered dual-fuel bulk carriers

Itochu & U-Ming Singapore Sign MoU for Ammonia Dual-Fuel Bulkers
22 Mar 2024

CMA CGM & Saudi's Folk Maritime Collaborate on Red Sea Service

French shipping giant CMA CGM is teaming up with Folk Maritime, an emerging feeder and short-sea navigation company based in Saudi Arabia.

CMA CGM & Saudi's Folk Maritime Collaborate on Red Sea Service
21 Mar 2024

Overweight Fees Announced by CMA CGM for South America

CMA CGM has introduced a new overweight surcharge (OWS), set to take effect from April 1, 2024, and to remain in place until further notice.

 Overweight Fees Announced by CMA CGM for South America
21 Mar 2024

Suez Canal Experiences Dearth of LNG Carriers

For over two months, no liquefied natural gas (LNG) carrier has traversed the Suez Canal, as revealed by recent findings from UNCTAD.

Suez Canal Experiences Dearth of LNG Carriers
21 Mar 2024

Transpacific TP20 Service Reinstated by Maersk

Maersk is set to enhance its service network between Asia and the US East Coast by reintroducing the TP20 service.

Transpacific TP20 Service Reinstated by Maersk
20 Mar 2024

Subic Bay Added to ONE's China Thailand Philippines Route

Ocean Network Express (ONE) has introduced Subic Bay port into the service rotation for its China Thailand Philippines route (CTP).

Subic Bay Added to ONE's China Thailand Philippines Route
19 Mar 2024

MoU Signed to Sell Off two of ESL Shipping's Supramaxes

ESL Shipping enters agreement to divest two Supramax class ships, Arkadia and Kumpula, to entities under the HGF Denizcilik Limited Sirket group.

MoU Signed to Sell Off two of ESL Shipping's Supramaxes
19 Mar 2024

Lock 2 Sees First Towboat of the Year on the Mississippi

On Sunday, the inaugural towboat of 2024 navigated through Hastings, MN Lock & Dam 2, heralding the start of the Mississippi's navigation season.

Lock 2 Sees First Towboat of the Year on the Mississippi
19 Mar 2024

Seventh Regional Office Opened by IMO in Fiji

the IMO is set to establish its seventh Regional Presence Office in Suva, Fiji, following a Memorandum of Understanding signed on March 18th.

Seventh Regional Office Opened by IMO in Fiji
19 Mar 2024

Ultramax Newbuild Contract Won by China's New Dayang

Chinese shipbuilder New Dayang has clinched new orders for ultramax bulk carriers from China Construction Bank (CCB) Financial Leasing.

Ultramax Newbuild Contract Won by China's New Dayang
18 Mar 2024

81 Year Old Great Lakes Cargo Vessel Catches Fire

The US Coast Guard reported a fire on the Cuyahoga, the oldest operational cargo ship navigating the Great Lakes.

81 Year Old Great Lakes Cargo Vessel Catches Fire