Shipping

23 Apr 2024

IMO Issues Warning About Two Fraudulent Shipping Registries

In advance of the upcoming legal committee meeting, the IMO has issued a warning about two shipping registries it considers fraudulent.

IMO Issues Warning About Two Fraudulent Shipping Registries
22 Apr 2024

South Korea Allocates $2.5B to Grow Local Container Lines

South Korean government announced plans to invest approximately US$2.5 billion to expand the container shipping fleet of locally owned companies.

South Korea Allocates $2.5B to Grow Local Container Lines
22 Apr 2024

Finland is 43rd Member of Combined Maritime Forces Alliance

On April 17, 2024, the Combined Maritime Forces (CMF), the largest maritime security alliance in the world, announced Finland as its newest member.

Finland is 43rd Member of Combined Maritime Forces Alliance
22 Apr 2024

Cargo Backlogs Due to Poor Weather in Persian Gulf

Severe weather across the Persian Gulf has raised significant concerns for ocean and air freight stakeholders, further complicating supply chains

Cargo Backlogs Due to Poor Weather in Persian Gulf
19 Apr 2024

Hapag-Lloyd Introduces New Feeder Service for Brazil

German shipping company Hapag-Lloyd has made adjustments to its Europe East Coast Express (ECX) service.

Hapag-Lloyd Introduces New Feeder Service for Brazil
19 Apr 2024

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.

Livestock Carrier Runs Aground at Croatian Port Entrance
19 Apr 2024

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.

Canada Announces Sharp Increase in Shipping Fines
19 Apr 2024

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

Euroseas Fixes Tie Charter Contract for Feeder & Agrees Sale
19 Apr 2024

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.

Decrease in Blank Sailings Reported by Sea-Intelligence
18 Apr 2024

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.

Singapore Plans to Meet Rising Demand for Methanol
18 Apr 2024

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.

Howden Offering War Risk Cargo Insurance for Red Sea Routes
18 Apr 2024

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

Improved Connectivity to North Africa & Spain From BICT
17 Apr 2024

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.

Hapag-Lloyd & Seaspan Plan for Retrofitting of Five Boxships
17 Apr 2024

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.

New 2030 Strategy Revealed by Hapag-LLoyd
16 Apr 2024

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

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