TEN Sells Two More Vessels in Bid to Revitalize Fleet
Greek shipping company Tsakos Energy Navigation (TEN) has recently sold two more vessels as part of its ongoing fleet modernization strategy.
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Singapore to Relieve Bottlenecks with Disused Terminals
The Maritime and Port Authority of Singapore announced a temporary reopening of closed container terminals to address the backlog of ships.
From EEE to FFF: Maersk Debuts Its New Container Ship
Maersk to replace current bunker fuel surcharges, the bunker adjustment factor and the low sulphur surcharge, with new combined fossil fuel fee (FFF)
Syrian Shipowner Sentenced to 18 Months in UK Jail
A UK court has issued an arrest warrant for a Syrian shipowner, sentencing him to 18 months for providing false statements to the court.
Yang Ming Hints at Entry to the 24,000 TEU Boxship Club
Yang Ming Marine Transport's management has indicated that the company will soon join the ranks of 24,000 TEU container ship owners.
China's Top Shipping Lines Undergo Major Reshuffle
A significant reshuffling of China's leading shipping brands is in progress, with China Merchants set to divest its container and RoRo businesses
Stricter Monitoring by China’s Maritime Safety Administration
China’s Maritime Safety Administration (MSA) has tightened its monitoring of vessels, according to a recent update from class society DNV.
CMA CGM Hit with $1.975m Fine in the United States
The Federal Maritime Commission has reached compromise agreements with three companies: CMA CGM and two ocean transportation intermediaries.
UK's Ellerman City Liners Announces China-Morocco-UK Service
Ellerman City Liners, a UK-based shipping company, has introduced a new container service linking China with the United Kingdom and Europe.
Hafnia & Símbolo Add More Partners to AI Joint Venture
Hafnia and Símbolo have expanded their foundational AI joint venture named Complexio (formerly Quintessential AI) by adding four more partners.
MSC Edges Closer to Takeover of Norway's Gram Car Carriers
Mediterranean Shipping Co (MSC) is nearing the acquisition of Norway’s Gram Car Carriers (GCC), with major shareholders agreeing to the deal.
Russian Cargo Vessel Hits Don River Railway Bridge
Reports say that on May 26th a Russian cargo ship, the Zelenga, collided with a railway bridge while navigating the Don River in Rostov-on-Don.
X-Press Feeders Signs with Shanghai Waigaoqiao Shipbuilding
X-Press Feeders has signed a letter of intent for four conventionally fueled 10,000 TEU ships with Shanghai Waigaoqiao Shipbuilding (SWS),
China's CHN Energy Buys 11 Bulk Carriers, Enters Sector
State-backed CHN Energy, China's largest coal mining and utility firm, acquires 11 bulkers from Citic Financial Leasing, marking its sector debut
NYK Begins Long-Term Biofuel Test on Crude Oil Tanker
Japan-based NYK Line has begun its first long-term biofuel test on a large crude oil tanker, marking their first extended biofuel trial on a vessel