Shipping

Bulk Carrier & Barge Collide Near Horsburgh Waters

January 21, a collision occurred between a bulk carrier, Shandong Mission, and a barge near Horsburgh, close to Indonesia's territorial waters.

a bulk carrier colliding with a barge carrying white bricks

Trump’s Bold Moves on Panama Canal, Gulf Name & Paris Exit

In his first hours as 47th president of the USA, Trump made headlines with declarations including a vow to take back control of the Panama Canal.

The Panama Canal

Green Rizhao: China’s First Carbon-Neutral Cargo Vessel

On January 15th, COSCO Shipping took delivery of the cargo vessel Green Rizhao during an official induction ceremony in Dalian, China.

A COSCO Shipping vessel

George Alexandratos Named President of Hellenic Shipping Body

George Alexandratos has been appointed as the new president of the Hellenic Chamber of Shipping, succeeding George Pateras who served since 2016.

Athens, Greece at sunset

Young Honest Shipping Buys First Vintage VLCC of the Year

Young Honest Shipping, a Hong Kong-registered company, has acquired the first vintage Very Large Crude Carrier (VLCC) of 2025.

A VLCC tanker at sea

Container Ship Eco Levant Runs Aground in Kiel Canal

French-flagged container ship, Eco Levant, ran aground on the northern bank of the Kiel Canal, also known as the Nord-Ostsee-Kanal on January 16.

A container ship run aground in a canal

CMA CGM Announces New Shipping Rates and Surcharges

French ocean carrier CMA CGM has introduced updated rates and surcharges for shipments headed to the United States.

A CMA CGM cargo ship

Wuhu Shipyard Forms $4.1 Billion Partnership for New Projects

China’s Wuhu Shipyard has joined forces with two domestic financial leasing companies to collaborate on ventures potentially exceeding RMB30B.

A Chinese shipyard

Shipper Complaints at FMC Could Cost Liners Over $75M

The FMC continues to receive a surge of complaints, with recent filings potentially leading to more than $75 million in liabilities for shipping lines

An Evergreen container ship

Arkas Line to Launch India Med Service in February

Arkas Line is poised to expand its shipping operations to India, with the India Med Service (IMS) set to launch on February 10th.

Ships off the coats of Chittagong

Guyana-Flagged Tanker Detained by Venezuela for False Entry

Jan 13th: Guyana has reported that Venezuelan authorities seized the tanker Four Plus for entering Venezuelan waters without authorization.

Close up of the flag of Guyana

Cargo Ship Incident Closes St. Mary’s River Channel, Michigan

The St. Mary’s River channel was shut down after a 497-foot cargo vessel, Harvest Spirit, ran aground due to mechanical malfunction on January 12

Cargo ship run aground in a river

Bulgarian Shipowners Join European Community Association

The Bulgarian Shipowners Association (BSA) has officially become the 22nd member of the European Community Shipowners’ Associations (ECSA).

The Bulgarian flag

Wellard Sells Final Ship, Signaling a New Chapter

After 46 years Australia’s Wellard is preparing for a future without ships after announcing the sale of its livestock carrier, the Ocean Drover.

A livestock carrier in port

The Dali Returns to Service After Major Repairs

The Dali, known for being at the center of last year’s most prominent shipping incident, has resumed trading after extensive repair work.

The Dali container ship crashing into the Francis Scott Key Bridge

Marcos Highlights Key Benefits of Seafarers' Magna Carta

President Ferdinand Marcos oversaw the signing of the implementing rules and regulations for the Magna Carta of Filipino Seafarers on Wednesday.

The flag of the Philippines

2024 Fleet Growth Analysis: Top Container Carriers Expand

Year end data finds fleet expansion among the world’s top container shipping companies remained consistent in 2024, with many reporting growth.

A Hapag-LLoyd container ship in port

Bulk Carrier Attacked in Singapore Strait Amid Rising Incidents

UK-based maritime security consultancy Ambrey reported that a bulk carrier was boarded by four armed individuals whilst in the Singapore Strait.

Pirates with knives approaching a bulk carrier

CMA CGM Welcomes New Vessel Escurial to Its Fleet

On January 7th, the French shipping giant CMA CGM announced the delivery of its latest vessel ot its fleet, the CMA CGM Escurial.

A CMA CGM vessel in port under a cloudy sky

JEF Deploys Advanced AI System to Monitor Undersea Threats

The Joint Expeditionary Force, a UK-led military partnership in Northern Europe, has activated a system to detect threats to undersea infrastructure

A cube with the letters AI lit up on it