Cargo Ship Strikes Pier While Entering Busan’s Gamcheon Port

A cargo ship allided with a pier while entering Busan’s Gamcheon Port on December 1. All crew were unharmed and no marine pollution was reported.

GSL Expands Fleet With Purchase of Three 8,600 TEU Ships

Global Ship Lease (GSL), the New York-listed container ship owner, has agreed to acquire three 8,600-TEU vessels for a total of $90 million.

Pakistan Opens First Hong Kong Convention-Compliant Shipyard

Top Ships Considers Move Into Dubai Property Market

Greece’s Top Ships is preparing to branch out again, this time into Dubai real estate through a deal linked to its Chief Exec Evangelos Pistiolis

Russia Loses Bid to Rejoin IMO Council’s Top Category

Japan’s Shipping Giants Back New Effort to Revive Shipbuilding

Fire Contained on Chiquita Voyager at Wilmington Port

A significant fire erupted aboard the Liberian flagged containership Chiquita Voyager at the Port of Wilmington, North Carolina on November 26th

Maersk Says No Fixed Date Yet for Suez Canal Return

Maersk says it has not committed to a date for resuming transits through the Suez Canal, even though the SCA announced their return in December.

Suez Canal Traffic Shows Signs of Recovery After Truce

Data indicates increase in transits through Suez Canal. Egyptian authorities hope the Houthi truce will pave the way for return to normal traffic

Major Shipping Firms Form Alliance to Fight Ocean Plastics

Several shipping companies have joined forces to launch a coalition focused on reducing plastic pollution and operational waste in the oceans.

New P&I Club and Registry Changes Highlight HK Maritime Week

New P&I club and major updates to ship registration rules are among key developments emerging from the opening days of Hong Kong Maritime Week.

Iranian Forces Detain Product Tanker Talara Near Qeshm

The Talara, a Marshall Islands flagged tanker seized by Iranian forces on Friday has been located in the Khuran Strait, north of Qeshm Island.

UK Imposes New Sanctions on Russian LNG Exports

UK government unveils broad package of maritime sanctions aimed at restricting Russia’s LNG exports, marking another significant hit to Moscow.

CMA CGM to Acquire 20% Stake in Hamburg Terminal

CMA CGM Group is to strengthen its European port network through the planned acquisition of a 20% stake in Eurogate Container Terminal Hamburg.

Hai An Expands Fleet with Order for 7,100 TEU Ships

Vietnam’s Hai An Transport and Stevedoring has intensified its fleet growth strategy by placing an order for its largest containerships so far.