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
Shipping
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.
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.
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.
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
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.
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.
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.
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
MSC's Stake in Hamburg Port Reshapes North Europe Trade Hub
Mediterranean Shipping Co, the largest container shipping line globally, has finalized its acquisition of a major stake in the Port of Hamburg.
CMA CGM Introduces Maya Service for Central America Ports
French shipping giant CMA CGM has unveiled its new Maya Service, a weekly shipping route tailored to serve the West Coast of Central America.
Explosion in Cargo Hold Damages Bulk Carrier Near U.S. Coast
A leading global marine claims company has disclosed that the bulk carrier Anglo Marie Louise experienced an explosion in its cargo hold on November 27.
VSG Glory Grounds on Coral Reef, Pollution Contained
The general cargo vessel VSG Glory ran aground on November 22 near El Quseir, Egypt, following severe weather and a technical failure.
Ocean Network Express Introduces Two New European Services
ONE unveils two new shipping services, the Scandinavia Express and Iberia Europe, designed to improve efficiency and ensure greater reliability.
Sweden Urges Bulk Carrier to Enter Its Waters Amid Cable Dispute
Sweden is pressing for the Yi Peng 3 to move into its territorial waters as a standoff unfolds over a recent undersea cable disruption.