Hyundai Samho Heavy Industries to Build LPG Carriers for MOL
In industry news, Mitsui OSK Lines (MOL) has commissioned Hyundai Samho Heavy Industries to construct two 88,000 cubic meter LPG carriers.
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UK Follows Australia in Livestock Export for Slaughter Ban
On May 14th, the UK Parliament voted in favor of a bill that prohibits the export of livestock for slaughter and fattening for slaughter.
SFL Corporation Signs Agreement to Charter Vessels to Maersk
On Tuesday, May 14th, SFL Corporation signed an agreement to charter three of its 10,600 TEU vessels to Maersk for five years.
180-Day Ban On 'Unsafe' Bulk Carrier Ordered by Australia
The Australian Maritime Safety Authority (AMSA) has imposed a 180-day ban on the Indian bulk carrier Darya Shaan due to safety concerns.
New India West Coast-Middle East Service Launched by CMA CGM
CMA CGM has unveiled a new weekly service, VGI, which will link Laem Chabang, Vung Tau, and Jakarta to the India West Coast and the Middle East
Live Export of Sheep to be Banned by Australia in 2028
Australia has decided to prohibit the live export of sheep by sea starting May 2028, following numerous incidents involving livestock carriers.
First-Quarter Revenues Announced by Yang Ming
Yang Ming reported robust financial results for the first quarter, with revenues reaching US$1.39B and a net profit after tax of US$298.42M.
Maersk Announce Upgraded New Zealand Service
Maersk has unveiled a new upgraded service starting May 17th designed to enhance logistics solutions for New Zealand and the surrounding islands.
New President of Panama Has Canal Water Levels Top of Agenda
The newly elected president of Panama, Jose Raul Mulino, has prioritized the water levels of the Panama Canal as a focus of his administration.
Nicaragua Shelves Plan for Panama Canal Rival
Nicaragua has terminated a 50-year concession previously awarded to Chinese businessman Wang Jing to construct a rival to the Panama Canal.
Bulk Carrier Runs Aground Whilst Navigating Istanbul Strait
On Tuesday May 7th, the Liberian-registered bulk carrier Alexis ran aground near Hayadarpaşa while navigating the Istanbul Strait in Turkey.
COSCO & Evergreen Upgrade Joint Far East-Mediterranean Service
Evergreen Marine Corporation and COSCO Shipping Lines have announced plans to upgrade their jointly operated Far East-Mediterranean service.
Ireland Bars Docking of Aged Livestock Carrier
A livestock carrier built in 1979 is roaming the southern Europe Mediterranean, currently without destination after being denied entry to Ireland
Norwegians Make Deals in Clean Tanker Segment
Norwegian shipping firms have been notably quiet this year with minimal activity, but this scenario has recently shifted with deals being made.
New COSCO Service to Connect China and Thailand Ports
Chinese container shipping leader COSCO is to introduce a new service linking key ports in China with Thailand including Laem Chabang and Qinzhou