Livestock Carrier Runs Aground at Croatian Port Entrance

A livestock carrier, Deala, became stranded at the entrance to Rasa Port, Croatia on Tuesday, April 16th.

Canada Announces Sharp Increase in Shipping Fines

Canada's Transport Minister, Pablo Rodriguez, has announced significant increases in fines for violations of the Canada Shipping Act.

Euroseas Fixes Tie Charter Contract for Feeder & Agrees Sale

Euroseas, a company specializing in containerships, has secured a time charter contract for one of its feeder boxships and agreed to sell another

Decrease in Blank Sailings Reported by Sea-Intelligence

Spot rates have been on a downward trend for several months. Shipping companies are considering two main approaches to counter this trend.

Singapore Plans to Meet Rising Demand for Methanol

Singapore could produce over 1 million metric tons of methanol annually by 2030, which would meet the growing demand for alternative bunker fuel.

Howden Offering War Risk Cargo Insurance for Red Sea Routes

Broker Howden has begun offering war risk cargo insurance for vessels traversing the Red Sea to safeguard against drone and missile attacks.

Improved Connectivity to North Africa & Spain From BICT

The Batumi International Container Terminal, part of International Container Terminal Services, is to enhance service connectivity to North Africa & Spain

Hapag-Lloyd & Seaspan Plan for Retrofitting of Five Boxships

Hapag-Lloyd and Seaspan Corporation have entered into a partnership to convert five 10,100 TEU container ships to run on dual-fuel engines.

New 2030 Strategy Revealed by Hapag-LLoyd

Hapag-Lloyd unveiled its Strategy 2030, outlining a plan aimed at achieving quality leadership, sustainability, innovation and efficiency.

Russian Tankers Stranded Due to US's Iran-Related Sanctions

Four Russian tankers transporting oil and refined products have been stranded at sea due to sanctions related to Iran imposed by the United States

NYK Soon to Supply Fuel to Ammonia-Powered Tugboat

During the At the Sea Japan 2024 event, NYK unveiled its plans to begin supplying fuel ammonia to its soon-to-be-completed ammonia-fueled tugboat

Singapore Beats Off Competition to Remain Shipping Hub King

Singapore is again been named the world's premier maritime hub, topping multiple global rankings, the latest being revealed during Singapore Maritime Week.

S. Korea PM Pledges $4B to Grow Country's Containership Fleet

CMA CGM Rate Restoration Announced for N. Europe & Med to N. America

CMA CGM is launching Rate Restoration Initiative 4 which will affect shipments from North European and Mediterranean ports heading to N. America.

Shipyard in North East England Faces Closure

A ship repair yard in northeast England, A&P Tees, is shutting down. Spanning five acres, the site includes two drydocks and a 240-meter jetty.