15 Jul 2024

Detained Oil Tanker Adventure Sweet Finally Leaves Iran

The oil tanker Adventure Sweet, detained by Iran for over a year, has been released and is now heading towards international waters.

Detained Oil Tanker Adventure Sweet Finally Leaves Iran
11 Jul 2024

Second Vessel this Month Carries Nigerian Crude Oil to Norway

The Maran Lyra, a Very Large Crude Carrier, is scheduled to arrive in Norway today with what broker Braemar has described as “unusual” cargo.

Second Vessel this Month Carries Nigerian Crude Oil to Norway
9 Jul 2024

Self-Imposed 6-Year Deadline for Panama Canal Reservoir Project

The Panama Canal Authority has set a six-year timeline to complete the construction of a massive $1.6 billion reservoir along the Indio River.

Self-Imposed 6-Year Deadline for Panama Canal Reservoir Project
8 Jul 2024

MSC Acquires Two Container Ships Under Construction in China

Mediterranean Shipping Co (MSC) has acquired two containerships that are currently under construction in China from BAL Container Line.

MSC Acquires Two Container Ships Under Construction in China
8 Jul 2024

North American Port Strike Possibility Worries Supply Chain

The threat of port strikes throughout North America, including Canada, continues to cause concern within already strained supply chains.

North American Port Strike Possibility Worries Supply Chain
8 Jul 2024

Yang Ming Achieves Biofuel Bunkering Landmark in South Korea

Yang Ming Marine Transport Corporation revealed its vessel YM Together has become the first foreign-flagged ship in South Korea to use biofuel.

Yang Ming Achieves Biofuel Bunkering Landmark in South Korea
5 Jul 2024

Container Shipping Rates Now Quadruple Pre-Pandemic Levels

Container freight rates continue to rise, making Q3 potentially one of the most profitable quarters in the history of liner shipping.

Container Shipping Rates Now Quadruple Pre-Pandemic Levels
3 Jul 2024

Trial Delayed: Captain Missing in Illegal Oil Transfer Case

The trial at the Indonesian district court in Batam has been postponed due to the disappearance of the accused, the captain of the tanker involved.

Trial Delayed: Captain Missing in Illegal Oil Transfer Case
2 Jul 2024

Maersk Warns of Continuing Disruptions to Red Sea Routes

The coming months are expected to be difficult for carriers and businesses due to ongoing disruptions in container shipping through the Red Sea.

Maersk Warns of Continuing Disruptions to Red Sea Routes
2 Jul 2024

New Hanseatic Global Terminals Revealed by Hapag-Lloyd

Hapag-Lloyd's terminal and infrastructure division has been renamed Hanseatic Global Terminals. The company is the world’s fifth-largest carrier.

New Hanseatic Global Terminals Revealed by Hapag-Lloyd
1 Jul 2024

ONE to Improve Thailand Indonesia Service

Ocean Network Express (ONE) will be upgrading its Thailand Indonesia Service (TID1) starting from July 10th 2024.

ONE to Improve Thailand Indonesia Service
28 Jun 2024

Car Carrier Fleet Expected to Grow by 40% in Next Few Years

The booming market for PCTCs, where daily rates have hit six figures for months, is projected to expand by around 40% in the next few years.

Car Carrier Fleet Expected to Grow by 40% in Next Few Years
27 Jun 2024

COSCO Unveils New Mexico Pacific-Far East Service

COSCO Shipping has introduced its new Mexico Express Service (WSA5), linking major Mexican Pacific ports with prominent Far East ports.

COSCO Unveils New Mexico Pacific-Far East Service
27 Jun 2024

Panama Canal Announces More Transit & Draft Increases

The Panama Canal Authority (ACP) has recently announced an additional increase in both draft limits and daily transit numbers.

Panama Canal Announces More Transit & Draft Increases
26 Jun 2024

MSC Enhances Asia Service Network with New & Upgraded Routes

MSC has announced updates to its Asia service network by enhancing two existing services while also introducing a brand new one.

MSC Enhances Asia Service Network with New & Upgraded Routes