Shipping

Record Surge in New Boxship Orders Marks 2024 Boom

Boom in container shipping industry continues into 2024, with year on track to set records for new vessel deliveries, as order volumes outpace 2023

Containers on a ship as seen from the bridge of the vessel

Maersk & Syngenta Renew Partnership for Sustainable Logistics

Maersk and Syngenta Crop Protection, a leader in agricultural innovation, have extended their 4PL partnership for another five years.

Maersk shipping containers

Idle Container Fleet Reaches Historic Low Amid Red Sea Crisis

The idle container fleet has hit an all-time low, with Alphaliner reporting that the Red Sea crisis has affected ship utilization more than COVID

multiple container ships in a port

Shipyards Set Container Ship Delivery Record in 2024

Within just the first ten months of 2024, shipyard deliveries of containerships have reached a record annual high, according to BIMCO.

Silhouette of a container ship at sunset

Hapag-Lloyd Set for Largest Fleet Expansion in 54 Years

This week, Hapag-Lloyd is set to approve the largest order spree in its 54-year history, according to analysts at Alphaliner.

A Hapag Lloyd container ship in port

Bulk Carrier Incident in Porto Alegre Blocks Ship Passage

On November 3rd, a Hong Kong-flagged bulk carrier, the Mount Taranaki, ran aground in the Itapua channel near Porto Alegre.

a bulk carrier run aground

Global Lake Tanker Towed After Engine Failure in Canakkale

October 30, the Turkey-flagged chemical/products tanker Global Lake experienced engine failure while navigating the Canakkale Strait near Akbas.

A tanker at sea

Cargo Ship Fire Claims Two Lives, 23 Rescued in Turkey

October 31, fire erupts in engine room of general cargo ship, FG Sevil. Rescue teams put out the blaze but two crew members lost their lives.

A cargo ship on fire

Seacon Shipping Expands Fleet with Investment in Newbuilds

Hong Kong-listed Seacon Shipping announces plans to expand its fleet through a $63.9 million investment in six new multipurpose dry cargo ships.

a shipbuilding yard in China

Ukraine Names Ship Captains Transporting Stolen Grain

Ukraine’s Ministry of Defense has publicly identified 31 ship captains allegedly involved in transporting stolen Ukrainian grain.

close up of grain

Four Stowaways Found on Ship’s Rudder in Canary Islands Port

October 26, four Nigerian stowaways were found on the rudder of cargo vessel MSC Fiammetta when it docked at Las Palmas de Gran Canaria, Spain.

Close up of a container ship's rudder

Vessel Captain Fined 50,000 Euros for Scrubber Waste Discharge

A French court fines captain of bulk carrier 50,000 euros after the vessel released one million liters of scrubber wash water near Fos-Sur-Mer.

A bulk carrier off the coast of France

Five-Tonne Bunker Fuel Spill Contained Off Singapore Coast

The MPA of Singapore has reported an overflow of five tonnes of bunker fuel during a bunkering operation involving a Bahamas-flagged bulk carrier

a bulk carrier spill bunker fuel into the water

Houthi Rebels Attack Merchant Vessel Motaro in Red Sea

On October 28, Yemen's Houthi Rebels targeted the merchant vessel Motaro as it traveled through the Bab-el-Mandeb Strait in the Red Sea.

a bulk carrier with explosions happening in surrounding waters

Tropical Storm Kristine Causes Shipping Chaos in Philippines

October 23, Tropical Storm Kristine brought severe weather to the Philippines, causing disruptions, with waves reaching heights of up to 6 meters

A tropical storm out at sea

COSCO Orders Six 13,600 TEU Boxships from Hudong-Zhonghua

COSCO Shipping Lines, one of China's major container shipping companies, has placed an order for six boxships at Hudong-Zhonghua Shipbuilding.

A COSCO container ship in port

MV Ruby Finally Permitted to Dock at Great Yarmouth Port

After facing restrictions for weeks, the MV Ruby is to dock at the Port of Great Yarmouth on October 28, following damage sustained in September.

Great Yarmouth, UK

Singapore-Flagged Bulk Carrier Mildred Runs Aground in Turkey

On October 23, the Singapore-flagged bulk carrier Mildred ran aground near the entrance of the Eregli Iron and Steel Factories port in Turkey.

A bulk carrier run aground

Somali Pirates Likely to Resume Operations in Indian Ocean

International shipping has been cautioned about a potential resurgence of Somali piracy in the Indian Ocean following the end of monsoon season.

modern day pirates in a small boat

CMA CGM Purchases Five High-Reefer Ships from Seatrade

Analysts at Alphaliner report that CMA CGM has acquired five high-reefer 2,259 TEU container vessels it previously had on charter from Seatrade.

A CMA CGM container ship near port