Shipping

Finnish Authorities Detain Fitburg Over Cable Damage Case

Finnish officials seized cargo ship Fitburg on Wednesday on suspicion it caused damage to undersea telecommunications cable linking Helsinki and Tallinn.

A broken underwater cable on a seabed

DHT Sells Two Aging VLCCs as Fleet Renewal Continues

VLCC owner DHT Holdings is selling two of its oldest tankers, extending its ongoing fleet renewal strategy amid continued strength in vessel prices.

A tanker sailing towards a rainbow

Tanker Zhong Fa Disabled After Engine Failure in Taiwan Strait

The Honduras flagged oil and chemical tanker Zhong Fa lost maneuvering ability while passing through the Taiwan Strait on December 21st.

A tanker at sea

Swedish Authorities Board Russian Tanker Adler for Inspection

Swedish authorities boarded and searched the Russian flagged tanker Adler on December 21 while it was anchored in Swedish territorial waters.

A Swedish flag flying off the stern of a boat

Odfjell Launches First Green Deep Sea Corridor Brazil–Europe

Norwegian chemical tanker operator Odfjell has introduced the world’s first regular green corridor for deep sea shipping between Brazil and Europe

The European Union flag and Brazilian flag morphing into one another

SSY to Acquire Grieg Shipbrokers in Major Expansion Move

United Kingdom based shipbroking group SSY has reached an agreement to acquire Grieg Shipbrokers, one of Scandinavia’s oldest brokerage firms.

The hands of two men in business attire shaking hands

Notorious Bulk Carrier Sage Sagittarius Sold for Scrapping

Nippon Yusen Kaisha’s Sage Sagittarius, a 25 year old post panamax bulk carrier known for its troubled past, has been sold for demolition.

Old vessels lined up in a ship wrecking yard on a hazy day

Hapag-Lloyd Orders Methanol-Fueled Ships in Fleet Upgrade

Hapag-Lloyd has advanced its fleet modernization strategy by ordering eight dual-fuel methanol container ships from China’s CIMC Raffles.

A Hapag-Lloyd container ship at sea

NYK Orders New Car Carrier with Autonomous Tech Features

NYK Line has placed an order with Shinkai Toyohashi Shipbuilding for a new car carrier equipped with the latest digital marine DX technologies.

the NYK Line logo on the side of a vessel

CMA CGM Sets Goal of 1,000 Women at Sea by 2030

CMA CGM, the container shipping company, has increased its long-term targets and now plans to have 1,000 women serving at sea by the end of 2030.

A small CMA CGM container ship sailing past the shore

New Zealand Confirms Support for Coastal Shipping Rules

New Zealand’s government reaffirmed its cabotage regulations, which require domestic coastal shipping be carried out by vessels registered in NZ.

Port of Wellington, New Zealand with the city in the background

Container Ship Orita Towed After Engine Failure

Container vessel Orita experienced an engine breakdown while navigating the Çanakkale Strait on 9 December during a voyage from Aliağa to Kocaeli

A bridge over the Çanakkale Strait near Turkey

COSCO Orders 87 Ships in Record Chinese Deal

China’s state-owned shipping giant COSCO confirms an enormous order for 87 new vessels from shipyards operated by China State Shipbuilding Corp.

A COSCO container ship in Hamburg Port

Containers Lost Near Isle of Wight Cause Delays and Warnings

Sixteen shipping containers were lost from the cargo vessel Baltic Klipper near the Nab Tower lighthouse close to Bembridge, Isle of Wight, UK.

Shipping containers floating in the sea after falling off a vessel

Hapag-Lloyd’s Bid for ZIM Faces Rising Pushback

Hapag-Lloyd is reportedly pursuing an acquisition of ZIM, Israel’s top container line, according to several media sources - and facing pushback.

A Hapag-Lloyd container ship in port

South Africa Refers Price-Fixing Case Against Major Lines

South Africa’s Competition Commission formally refers price-fixing case involving eight container carriers to the country’s Competition Tribunal

A ship in Durban Port, South Africa

IKEA Supply Becomes First Shipper to Join DCSA+ Initiative

IKEA Supply joins DCSA+, the Digital Container Shipping Association’s partnership program aimed at advancing digital standards across the sector.

The exterior of an IKEA store

Cargo Ship Strikes Pier While Entering Busan’s Gamcheon Port

A cargo ship allided with a pier while entering Busan’s Gamcheon Port on December 1. All crew were unharmed and no marine pollution was reported.

The bulbous bow of a ship hitting a sea wall

GSL Expands Fleet With Purchase of Three 8,600 TEU Ships

Global Ship Lease (GSL), the New York-listed container ship owner, has agreed to acquire three 8,600-TEU vessels for a total of $90 million.

A view of shipping containers on the deck of a cargo ship as seen from the ship's bridge

Pakistan Opens First Hong Kong Convention-Compliant Shipyard

Pakistan reaches major milestone with Prime Green Recyclers becoming the country’s first facility to meet Hong Kong Convention compliance standards

The flag of Pakistan raised against a grey sky