Shipping

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
25 Jun 2024

Missile Attack on MSC SARAH V in the Arabian Sea

On Monday, June 24, United Kingdom Maritime Trade Operations (UKMTO) reported that a vessel was attacked while navigating the Arabian Sea.

Missile Attack on MSC SARAH V in the Arabian Sea
25 Jun 2024

Mitsui OSK Lines & Kristian Jebsen in Gearbulk Takeover Deal

MOL, Japan's leading shipowner, is set to acquire Gearbulk from Kristian Jebsen, with the transaction expected to finalize by January 2025.

Mitsui OSK Lines & Kristian Jebsen in Gearbulk Takeover Deal
24 Jun 2024

Panama Canal Announces Increase in Daily Transits

The Panama Canal has announced an increase in the number of daily transits rising from a total of 32 to 33, effective from July 11th.

Panama Canal Announces Increase in Daily Transits
24 Jun 2024

LPG/Ammonia Carrier Order for Tianjin Southwest Maritime

Tianjin Southwest Maritime has returned to CSSC-affiliated Huangpu Wenchong Shipbuilding to commission larger ammonia dual-fuel gas carriers.

LPG/Ammonia Carrier Order for Tianjin Southwest Maritime
24 Jun 2024

ONE Modern is First Vessel on West India North America Route

ONE Modern has become the inaugural vessel for the new West India North America service, establishing a route between India and ports in Georgia.

ONE Modern is First Vessel on West India North America Route
19 Jun 2024

Euroseas Enters Time Charter Contract for Newbuild Feeder

The Nasdaq-listed Greek boxship owner, Euroseas, has secured a time charter contract for a new feeder ship that is currently being built.

Euroseas Enters Time Charter Contract for Newbuild Feeder
18 Jun 2024

WSC Annual Report Shows Record Low of Containers Lost at Sea

The World Shipping Council has published its annual report on containers lost at sea, noting a substantial decrease to 221 boxes lost in 2023.

WSC Annual Report Shows Record Low of Containers Lost at Sea
18 Jun 2024

Global Liner Fleet Hits 30M TEU for First Time in History

Per Alphaliner data, the global liner vessel fleet has surpassed 30M TEU for the first time, driven by a surge of newbuilds from Asian shipyards.

Global Liner Fleet Hits 30M TEU for First Time in History
17 Jun 2024

LNG & Container Ship Orders Push Delivery Dates into 2029

Orders for LNG carriers and container ships continue to dominate the order books at Asian shipyards with brokers reporting an increase in orders.

LNG & Container Ship Orders Push Delivery Dates into 2029
14 Jun 2024

Further Raft of Shipping Sanctions for Russia During G7

As G7 leaders meet in Italy this week, a new series of coordinated sanctions against Russia have been making headlines, many affecting shipping.

Further Raft of Shipping Sanctions for Russia During G7