Global Liner Fleet Hits 30M TEU for First Time in History

Per Alphaliner data, the global liner vessel fleet has surpassed 30M TEU for the first time, driven by a surge of newbuilds from Asian shipyards.

LNG & Container Ship Orders Push Delivery Dates into 2029

Orders for LNG carriers and container ships continue to dominate the order books at Asian shipyards with brokers reporting an increase in orders.

Further Raft of Shipping Sanctions for Russia During G7

As G7 leaders meet in Italy this week, a new series of coordinated sanctions against Russia have been making headlines, many affecting shipping.

MSC Vessel Hit with Arrest Warrant After Speeding Incident

The US Court issue arrest warrant for MSC Michigan VII following a lawsuit by a terminal operator claiming the vessel damaged a Charleston Pier.

Four New Chemical Tanker Newbuilds for Alita Shanghai

Alita Shanghai International Shipping is expanding its fleet of stainless steel chemical tankers by commissioning up to four new ships.

China and Russia Partner to Create Arctic Liner

Gulf Energy Maritime Returns to South Korea for New MR Tankers

Gulf Energy Maritime, who specializes in commercial product and chemical tankers, has placed an order for MR vessels at HD Hyundai Mipo Dockyard.

Unseaworthy Bulk Carrier Given 3 Month Australia Ban

AMSA have announced that the bulk carrier Peace has been banned from Australian ports for three months due to being deemed unseaworthy.

Main Baltimore Shipping Channel Due to Reopen at Weekend

The main shipping channel into Baltimore port will reopen this weekend, 75 days after a 9,962 TEU containership lost power and hit a bridge.

Chinese Seafarers Reap Largest Global Wage Increase

China has experienced the most significant rise in seafarer wages among the major seafaring nations in international shipping in recent years.

COSCO Adapts Four 16,000 TEU Newbuilds to Run on Methanol

COSCO Shipping Lines has announced a transition for four of its new 16,000 TEU vessels to dual-fuel methanol, moving away from conventional fuel.

SOLAS Amendment: Mandatory Reporting of All Lost Containers

The WSC has expressed approval of the recent amendments to SOLAS adopted by the IMO making it mandatory to report all containers lost at sea.

TEN Sells Two More Vessels in Bid to Revitalize Fleet

Greek shipping company Tsakos Energy Navigation (TEN) has recently sold two more vessels as part of its ongoing fleet modernization strategy.

Singapore to Relieve Bottlenecks with Disused Terminals

The Maritime and Port Authority of Singapore announced a temporary reopening of closed container terminals to address the backlog of ships.

From EEE to FFF: Maersk Debuts Its New Container Ship

Maersk to replace current bunker fuel surcharges, the bunker adjustment factor and the low sulphur surcharge, with new combined fossil fuel fee (FFF)