Shipping

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.

An MSC container ship

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.

General cargo ship run aground

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.

Smoke rising from a bulk carrier's holds

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.

bulk carrier silhouette at sunset

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.

a tanker run aground near the coastline

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.

Coastline of Taiwan at sundown

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

A Yang Ming container ship

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.

a map showing Syria and its neighbors

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.

Containers washed up on the Scheur river just outside Rotterdam

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.

a container port

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.

A CMA CGM container ship

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.

Chittagong Port in India

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.

An oil tanker at sunset

Maersk Orders 20 Dual-Fuel Container Vessels for Fleet Renewal

Maersk has placed an order for 20 new container vessels equipped with dual-fuel engines, partnering with three shipyards for their construction.

Maersk shipping containers

Castor Maritime to Sell Containership, Taking $3.3m Loss

Cyprus-based shipowner Castor Maritime has agreed to sell one of its three containerships, incurring a loss of approximately $3.3 million.

silhouette of a container ship on the horizon at sunset

Greenpeace Stage 12-Hour Protest on Tanker Buena Alba

Greenpeace activists boarded a tanker, remaining on board for 12 hours as the vessel prepared to load propylene, a component in plastic production

a man wearing a Greenpeace jacket

Cargo Ship Sofia Ablaze After Explosion Off Swedish Coast

A fire broke out on the Swedish general cargo ship Sofia following an explosion on November 28th, prompting the crew to abandon the vessel.

a container ship on fire

Splintered Shipping Rules Loom Amid Global and Local Shifts

The UK government is reviewing its emissions trading system framework and considering adding the shipping sector in just over a year's time.

The UK Houses of Parliament in London

Pilot Project Highlights Bio-Methane Use in Green Shipping

The Rotterdam-Singapore Green and Digital Shipping Corridor (GDSC) partners successfully conducted a pilot project on October 19th.

Port of Rotterdam

Hapag-Lloyd Secures Green Methanol Supply to Cut Emissions

German shipping company Hapag-Lloyd has signed an agreement with Beijing-based Goldwind for the annual supply of 250,000 tonnes of green methanol

a Hapag-Lloyd container just offshore