MSC Completes Acquisition of Stake in Hamburg Port
All conditions for the voluntary public takeover offer have been met for Mediterranean Shipping Co’s (MSC) investment in the Hamburg port.
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Vessel Reports Missile Splashes in Red Sea Near Yemen
A ship transiting the Red Sea, approximately 25 nautical miles off the coast of Al Mukha encountered missile splashes hitting the water nearby.
Automation Dispute Could Lead to New East Coast Strike
A challenge for the incoming Trump administration may be an impending strike as a trade union remains firm on its stance against automation.
Evergreen Marine Seeks Proposals for Megamax Methanol Ships
According to Alphaliner, Taiwan’s Evergreen Marine has issued a request for proposals for eleven new 24,000 TEU methanol dual-fuel vessels.
COSCO Expands VLCC Fleet with Six Newbuilds at DSIC
COSCO Shipping Energy Transportation is expanding its fleet of VLCCs by adding six newbuilds at Dalian Shipbuilding Industry Co (DSIC).
Hapag-Lloyd Sets Rate Hike for South America to North America
Hapag-Lloyd announces General Rate Increase (GRI) for routes from the East Coast of S. America to N. and Central America, as well as Caribbean.
Russia's Top Shipyards in Merger Talks Backed by Putin
Two of Russia's leading shipyards are discussing a potential merger, a deal backed by President Vladimir Putin.
Asian Shipyards See Record Orders Amid High Newbuild Prices
A report reveals that new vessel deliveries in 2023 hit a seven-year peak, adding 35 million compensated gross tonnes (cgt) to the global fleet.
Panama Moves to Deregister Four Sanctioned LNG Tankers
Panamanian authorities announce they will cancel the registration of four LNG tankers, following US sanctions linked to illicit activities.
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
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.
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
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.
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.
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.