Shipping

Bulk Carrier Hijacked Off Somalia Coast

Off the Somalian coast, commercial vessel remains hijacked by group of unknown assailants, significantly raising fears of persisting instability.

Somalian coastline

Panama Canal to Increase Daily Transits Next Month

Starting from January, the Panama Canal Authority will increase daily transits to 24, following consistent rain over the last 6-week period.

A cargo ship in the Panama Canal

Egypt: 55 Vessel Diversions Since Nov Amid Growing Strains

The Suez Canal Authority of Egypt disclosed that they are vigilantly observing the repercussions of escalating tensions in the Red Sea.

The Suez Canal

Christening Ceremony for 3 Towboats at Middle River Marine

Middle River Marine, based in Mokena, Illinois, added three towboats—namely, the M/V Carmalee Rose, Macey Lauren, and Ava Renee—to its fleet.

one of the Great Lakes

FPSO Atlanta: Yinson's Fleet Addition Poised for 2024 Launch

In a grand event at Dubai Drydocks World on December 13, 2023, Yinson Production warmly welcomed the latest jewel in its crown, the FPSO Atlanta.

Dubai

IMO Commemorative Farewell for Secretary-General Kitack Lim

Resolution entitled "Appreciation of the Services of Mr Kitack Lim" recognizes Mr. Lim's leadership and achievements during his tenure at the IMO

Fireworks in a night sky

Ocean Carriers Re-enter Charter Market Due to Increased Demand

Anticipation of better-than-expected demand across trade routes leads ocean carriers to re-enter charter market in search of available tonnage.

Aerial view of shipping containers

Hydrotug 1 is the World’s First Hydrogen-Powered Tug

The world’s first hydrogen-powered tugboat successfully launched by Belgian shipping and cleantech group, CMB.TECH & the Port of Antwerp-Bruges.

View of Antwerp

Largest Global Car Carrier Gets Green Light in Principle

Deltamarin has recently obtained Approval in Principle (AiP) from DNV for their groundbreaking design of an 11,000 CEU pure car and truck carrier

Aerial view of a car carrier ship

First Methanol Dual-Fuel Ship by X-Press Feeders Ready

X-Press Feeders, has revealed the first of 14 methanol dual-fuel ships, with plans in the Baltic to create a green feeder network.

Container ship under blue cloudy sky

Toyo Secures Deal with VARD for Tailored Hybrid Cable Layer

VARD inks $200 million agreement with Toyo. The contract covers planning and construction of an advanced hybrid cable lay and construction vessel

Windfarm at sea

Port Truckers Complain About Queues at Baltimore Container Terminal

Truck drivers camped out in Baltimore Container Terminal to protest what they claim are ongoing pickup delays disregarded to save money.

Container trucks at a terminal

Container Volume at GPA Increased by 18%

According to the Georgia Ports Authority (GPA), the port of Savannah handled 530,800 TEU in July, a rise of 18% over the same period in 2021.

View of Savannah GA from the water

Prax Group Acquires New 68 Meter Tanker

The Prax Group of Companies company, Harvest Energy Marine, has announced the acquisition of the Fortuna II, a brand-new tanker.

Tanker vessel at sunset

Lubricant Leak from Container Ship in Alaska

Oil leak from container ship owned by Matson sailing to Anchorage, AK monitored by the US Coast Guard in collaboration with other authorities.

Alaskan coastline

Four More Cargo Ships to Depart Ukraine

Turkish & Ukrainian officials say four ships carrying Ukrainian food left Ukrainian Black Marine ports as part of agreement to open sea exports.

Bridge across water in Kyiv

Freight Ships To Avoid Taiwan Due to China's Naval Exercises

As China conducted its most provocative military exercises in decades surrounding Taiwan, shippers rerouted their boats from the Taiwan Strait.

Taiwan coastline at night

Russia Has a New Oil Trade Route

In light of impending Western sanctions against Moscow, Russia appears to have discovered a new method of selling oil: El Hamra oil port, Egypt.

Zhivopisny Bridge in Moscow

Additional Fee at NY & New Jersey Port Due to Container Pile Up

In effort to ease container congestion, the Port of New York & New Jersey unveiled new fees based on export volume and empty container weight.

New Jersey Terminal

MoU Signed by Rotterdam & Singapore Ports

MoU signed by the Port Authorities of Rotterdam and Singapore to create the longest green and digital shipping corridor in the world to date.

Port of Rotterdam