Asian Shipbuilders See Record Highs for Newbuilds in 2024
2024 has been a standout year for Asian shipbuilders, with newbuild prices reaching unprecedented levels, according to data from Clarksons.
Shipping
Merchant Vessel Hit by Russian Missile at Yuzhny Port, Odessa
On October 6, a merchant vessel docked at Yuzhny Port in the Odessa region was struck by a Russian ballistic missile, infrared footage showed.
Bulk Carriers Collide in Bosphorus, Major Incident Averted
October 3rd, an accident occurred when two bulk carriers collided while navigating near the Pasalimani area along the Bosphorus Strait in Turkey
Mitsui OSK Lines Linked to New $413M FSRU Order in South Korea
Japan’s Mitsui OSK Lines (MOL) has been connected to a recent order for a floating storage and regasification unit (FSRU) placed in South Korea.
OFAC Imposes Sanctions on Marshall Islands Tanker Owner
Office of Foreign Assets Control issues sanctions against tanker owner and vessels due to alleged involvement in the transport of Russian oil.
Zhangjiagang Oceanicwit Expands Fleet with Acquisitions
Zhangjiagang Oceanicwit Shipping continues its buying spree, showing no signs of slowing down during an aggressive clutch of acquisitions.
New Chinese Container Line Begins Operations Out of Shanghai
A newly established container shipping company based in Shanghai, STF Shipping, has started offering services throughout northeast Asia.
Hapag-Lloyd Places $5.25bn Orders with Chinese Shipyards
Hapag-Lloyd choses two Chinese shipyards for latest expansion, an order of $5.25 billion: one of the largest containership deals in history.
Panama to Revoke Registration of Ships Involved in Illegality
The PMA commits to canceling the registration of any ship found engaging in illegal actions or attempting to change its flag to dodge sanctions.
CMA CGM Becomes First Foreign Line to Operate Philippine Routes
After Marcos administration’s relaxes cabotage laws, France’s CMA CGM becomes first foreign shipping line to operate routes in the Philippines.
Cargo Ship Grounded Due to Hull Leak Off Indonesia
A general cargo ship, the George Sejahtera, ran aground in the waters off Linau, west of Lampung, Indonesia, on September 26th.
Container Ship Experiences Engine Trouble, Anchored for Repairs
A container vessel, the ONE Hammersmith, encountered engine issues on the afternoon of September 27 while en route from Singapore to Rotterdam.
UK Follows US in Sanctioning LNG Carriers Linked to Russia
The UK has joined the United States in imposing sanctions on five LNG carriers connected to Russian gas exports.
Captain & Officer Charged for Illegal Border Crossings
Captain, Second Officer of Cameroon-flagged cargo ship accused of unlawful border crossings into Ukraine and transporting goods to and from Crimea
World Maritime Day Celebrates 50 Years of SOLAS Convention
Today marks the UN-backed World Maritime Day, with this year's theme focused on safety at sea, highlighting the 50th anniversary of SOLAS.
MSC's TIL Secures Deal for New Container Terminal in Aarhus
TIL, the port operations arm of MSC, has reached an agreement with Denmark's largest commercial port, Aarhus, to establish a new terminal.
Bulk Carrier & Fishing Vessel Collide Near Con Dao, Vietnam
On September 19, a bulk carrier, Transformer Ol, collided with a fishing vessel about 22 nautical miles southeast of Con Dao, Vietnam.
Federal Agents Investigate Maersk Saltoro at Baltimore Port
On the morning of September 21, US federal agents boarded the Maersk Saltoro for an inspection while it was docked at the Port of Baltimore.
Explosion Aboard BBC Vermont Claims Life of Crew Member
A crew member has tragically lost their life following an explosion aboard a general cargo vessel named the BBC Vermont.
Containership Tokyo Bay Collides with Ro-Ro Ferry in Santos
A container ship, the Tokyo Bay, has deviated from its course and collided with a Ro-Ro ferry, the Dersa FB-30, at the Port of Santos, Brazil.