Shipping

Singapore’s Vasi Shipping Files for Bankruptcy Protection

Vasi Shipping, a small container shipping company based in Singapore, has declared bankruptcy after 13 years in operation.

documents stating a petition to file for bankruptcy

Rotterdam Completes First-Ever Ammonia Bunkering Operation

Rotterdam carried out its first ammonia bunkering operation on April 12, marking a step toward positioning itself as a hub for ammonia-fueled shipping

The Port of Rotterdam

DHT Holdings Secures 7-Year Charter for VLCC Appaloosa

Tanker operator DHT Holdings, listed on the New York Stock Exchange, has signed a long-term charter for one of its VLCCs, the DHT Appaloosa.

The deck of a VLCC tanker

Norway Confirms Zero Emissions Rules for Heritage Fjords

The Norwegian Maritime Authority officially confirms the timeline for implementing zero-emissions regulations in the country’s Heritage Fjords.

A Norwegian fjord

Fire Contained on Bulk Carrier Sider Olympia in UK Port

A large fire broke out on the Marshall Islands-flagged bulk carrier Sider Olympia on April 13 while it was docked at Northfleet port in the UK.

A bulk carrier on fire in a port

South Korea Saw Sharp Rise in Maritime Accidents in 2024

South Korea experienced a notable rise in maritime incidents and casualties in 2024, according to data from the Ministry of Oceans & Fisheries.

The flag of South Korea

Yangzijiang Financial Orders Four Handysize Bulk Carriers

Yangzijiang Financial Holding is making a return to Jingjiang Nanyang Shipbuilding with a fresh order in the handysize dry bulk market.

a Chinese ship building yard

Estonian Navy Detains Tanker Flying False Djibouti Flag

April 11, Estonian Navy intercepted oil tanker Kiwala in the Gulf of Finland for operating without a valid flag and flying a false Djibouti flag.

The flag of Djibouti

Cargo Ship Collision in Vietnam Leaves Four Dead

A serious maritime collision occurred in Vietnam’s Gulf of Bắc Bộ on April 8, when a Panama-registered cargo ship struck a Vietnamese fishing vessel

A cargo ship and fishing vessel colliding at sea

Trump’s New Tariffs Disrupt Global Trade Flows

Donald Trump’s latest round of tariffs have officially taken effect, with China, the world’s leading exporter, hit with a staggering 104% rate.

Containers in a port

Container Ship Victoria L on Fire After Explosion at Sea

A fire broke out aboard the container vessel Victoria L on April 9 following an onboard explosion. A rescue operation is currently in progress.

a cargo ship on fire

Human Rights at Sea Charity Closes Due to Lack of Funding

A UK-based NGO that has long championed the rights of those working at sea has announced it will shut down due to a lack of funding.

a container ship under a dark stormy sky

Euroseas Secures Higher-Paying Charter for Feeder Vessel

Greek container ship operator Euroseas has landed a more lucrative long-term charter deal for one of its feeder vessels.

A container terminal

NYK Orders First Methanol-Fueled VLCC for 2028 Delivery

Japanese shipping giant Nippon Yusen Kaisha (NYK) is set to introduce its first methanol dual-fuel very large crude carrier (VLCC) to its fleet.

The NYK logo on the side of a vessel

CMA CGM Invests €100M in AI Partnership with Mistral AI

CMA CGM has partnered with tech company Mistral AI in a €100 million initiative over the next five years to implement tailored AI solutions.

A CMA CGM cargo ship at dusk

Panama Canal Opens Bidding for New LPG Pipeline Project

The Panama Canal Authority has announced the launch of a bidding process for a new liquefied petroleum gas (LPG) pipeline.

 ship traversing the Panama Canal

South Korea Makes Record Cocaine Seizure from Cargo Ship

South Korean authorities have seized approx two tons of cocaine, the largest drug bust in the country’s history, aboard a bulk carrier in Gangneung

a watchtower on the Gangneung coastline

Two Inland Vessels Collide at Kreekrak Locks in Zeeland

April 2, collision took place between two Netherlands-flagged inland vessels at the Kreekrak Locks in Zeeland, close to the Dutch-Belgian border.

A Dutch flag flying against a blue sky

Trump Imposes New Tariffs, Global Trade Tensions Escalate

U.S. President Trump introduces tariffs, including a 34% levy on Chinese imports in a move that has triggered backlash from global trade partners

a container port at sunset

Japanese Shipbuilders Unite to Launch Marine Tech Lab

Leading Japanese shipyards and maritime organizations are partnering to create an advanced maritime technology research center at Osaka University

The flag of Japan flying on front of a glass office block