EU Targets Russia's 'Shadow Fleet' in New Sanctions Package
European Union announces its latest round of sanctions against Russia, with roughly 50 vessels from the so-called shadow fleet being singled out.
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Wallenius Wilhelmsen Secures Major Deals with Biofuel Focus
Wallenius Wilhelmsen finalizes two long-term shipping agreements with automobile manufacturers, both featuring a commitment to using biofuel.
MSC’s Orderbook Surpasses 2M TEU with New Megamax Ship Order
The world’s largest container line, MSC, has placed another significant ship order, pushing its total orderbook beyond the 2 million TEU mark.
Cargo Ship Amadeus Gold Runs Aground in Odense Fjord, Denmark
A general cargo ship named the Amadeus Gold ran aground on December 9th while en route from Rotterdam, Netherlands to Odense, Denmark.
Fire Erupts on Bulk Carrier Langeland at Gran Canaria Port
A fire broke out on the bulk carrier Langeland on December 9th while the vessel was docked at the Port of Arinaga in Gran Canaria, Spain.
Bulk Carrier Detained in Singapore Over Payment Dispute
A bulk carrier flying the Marshall Islands flag, the Porthos, was detained in Singapore on December 7th following a sheriff’s order.
Tanker Runs Aground in Taiwan Amid Severe Weather Conditions
On December 7th, a products tanker named Liquid Gem ran aground off the coast of Taiwan due to extreme weather conditions.
Shipping Industry on Alert as China Stages Drills Near Taiwan
Merchant ships navigating one of the world’s busiest routes have been urged to be vigilant as China conducts military exercises near Taiwan.
US Regulators Delay Launch of New Asian Shipping Alliance
Plans for the Premier Alliance, a new shipping consortium in Asia, have been delayed after intervention from the U.S. Federal Maritime Commission
Syria Declared No-Go Zone for Shipping After Assad Exit
International merchant vessels are steering clear of Syria following the departure of the Assad family from power.
Collision Near Rotterdam Knocks Containers Into the River
On December 5, a collision on the Scheur River near Rotterdam resulted in four shipping containers falling into the water.
Global Trade Set to Reach Record $33 Trillion in 2024
Global trade is projected to achieve a historic high of $33 trillion in 2024, as per a report from UNCTAD, the trade body of the United Nations.
CMA CGM Surpasses Maersk as Top Transpacific Carrier
CMA CGM has overtaken Maersk to claim the top spot as the largest carrier on the transpacific trade route.
India to Mandate CCTV Installation on Ships by October 2025
India has announced a new requirement for all ships visiting its ports: the mandatory installation of CCTV systems by October 2025.
U.S. Imposes Sanctions on Iranian Oil Shipping Network
The United States has announced sanctions against 35 entities and vessels linked to the transportation of Iranian petroleum and its derivatives.