Shipping

Cargo Ship Docks in Tromsø with 20,000 Tons of Ammonium Nitrate

Cargo vessel Ruby, registered in Malta, arrived at Tromsø harbor in Norway after sustaining hull damage from running aground.

Tromso in Norway

MSC Containership Loses 46 Containers Amid Rough Weather

The South African Maritime Safety Authority said 46 containers were lost overboard from the containership MSC Antonia due to severe weather.

Containers falling off a container ship

China State Shipbuilding Corporation Units to Merge

Two divisions of China’s largest shipbuilding conglomerate, China State Shipbuilding Corporation, are set to merge through a share swap deal.

A shipbuilding yard in China

Shipspotter Claims Russian-Linked Ships Obscuring Identities

Ships linked to Russia have been engaging in crude attempts to obscure their identities, in direct violation of IMO regulations.

The Bosphorus Strait

COSCO Continues Expansion with Major Dry Bulk Vessel Order

COSCO Shipping has extended its aggressive expansion strategy by placing a substantial newbuilding order in the dry bulk sector.

A COSCO container ship

Safetrans Line Sells Entire Fleet to MSC Amid Strategic Shift

Safetrans Line, a China-based liner operator with a focus on Russia, has sold all of its container ships to the Mediterranean Shipping Company.

An MSC container ship

COSCO Shipping Orders 12 Methanol-Powered Container Ships

COSCO Shipping, fourth largest container shipping company globally, places order for twelve 14,000 TEU container vessels with sister company.

A COSCO container ship

Port State Control to Launch Crew Wage Inspection Campaign

The Tokyo and Paris MoU on Port State Control gears up to initiate a three-month joint concentrated inspection campaign focused on crew wages.

A container ship under a grey sky

Yang Ming Expands Owned Fleet with Early Ship Purchases

Taiwanese liner operator Yang Ming Marine Transport is growing its owned fleet by ending the charters of two 12,000 TEU ships ahead of schedule.

A Yang Ming container ship

Panama Canal to Implement Long-Term Slot Allocation System

Panama Canal to introduce long-term slot allocation system aimed at enhancing transit certainty, flexibility, particularly for neopanamax locks.

A ship in the Panama Canal

Analysts Predict Decline in Asia-Europe Freight Rates by 2025

Analysts from Asia-based container consultancy forecast drop in Asia-Europe box freight rates, expecting prices to plummet by over 70% by June.

Port of Shanghai

Cargo Vessel Heemskerkgracht Runs Aground Near Montreal

The Canadian Coast Guard has confirmed that a general cargo ship, the Heemskerkgracht, ran aground in the Kahnawake region close to Montreal.

A cargo ship run aground

Ocean Network Express Expands Scandinavian Baltic Express Service

ONE has announced major upgrades to its Scandinavian Baltic Express (SBX) service to include the ports of Antwerp, Rotterdam, Rauma, and Gävle.

A ONE container ship

Indonesian Tanker Owners Reap Profits from Strategic Sales

This quarter has been active for Indonesian tanker owners, who are capitalizing on the market by selling tankers acquired years ago at profit.

Oil tanker at sunset

Egyptian Bulk Carrier Detained at Paradip in Financial Dispute

An Egyptian-flagged bulk carrier, the Wadi Albostan, has been detained at Paradip Port in India following orders from the Orissa High Court.

An Egyptian bulk carrier in a port

Pacific International Lines to Launch China-Bangladesh Service

PIL is preparing to introduce a new service, the China-Chittagong Express, which will connect key ports in China with those in Bangladesh.

A container ship connecting Shanghai with Bangladesh

CMA CGM Vessel Loses Containers Off South Africa East Coast

SAMSA has confirmed that a CMA CGM vessel has once again lost containers overboard while navigating the waters off South Africa’s east coast.

A CMA CGM container ship

UAE Bans Eswatini-Flagged Ships Following Cameroon Ban

The United Arab Emirates has recently prohibited ships flying the Eswatini flag from entering its ports, following a similar ban on Cameroon.

The flag of Eswatini

IMO Unveils Toolkit to Combat Insider Threats in Maritime

The International Maritime Organization has introduced a new toolkit aimed at enhancing the shipping industry's response to insider threats.

A hooded computer hacker bent over a laptop

COSCO Orders Four Asphalt Carriers from Mawei Shipyard

China’s COSCO Shipping has placed an order for four 9,000-tonne special liquid cargo ships with Mawei Shipyard, a part of Fujian Shipbuilding.

Close up of the COSCO Shipping logo on the side of a container ship