Maersk Lowers 2025 Container Market Forecast Amid Uncertainty
Danish shipping giant Maersk has revised its global container market outlook for 2025, citing mounting macroeconomic and geopolitical pressures.
Ports & Logistics
CO2 Tanker Embla Hits Lock Wall in Kiel Canal
CO2 tanker collides with center wall of a lock in Brunsbüttel on Germany’s Kiel Canal, resulting in minor damage but no injuries or pollution.
Engine Room Fire Erupts on Vollsøy Ferry, No Injuries
A fire broke out in the engine room of the passenger ferry Vollsøy on May 6. The blaze was quickly contained, and no injuries were reported.
GTT to Acquire Danelec in $219.7M Maritime Analytics Deal
French gas containment leader GTT is investing $219.7 million to acquire maritime analytics company Danelec from private equity firm Verdane.
Maersk Teams Up With Nokia for Major Fleet Connectivity Boost
Danish shipping giant Maersk has signed an agreement with Nokia to outfit 450 vessels across its fleet with private wireless networks.
Drone Attacks Hit Port Sudan for Third Day in a Row
Drone strikes triggered explosions in Port Sudan, marking the third consecutive day of such attacks. The assault ignited a fire near the port.
Northern European Ports Face Prolonged Shipping Backlogs
Ports and terminals across Northern Europe are currently experiencing what broker Braemar is calling a case of “serious congestion.”
Rio de Janeiro Wraps Up Strong 2024-25 Cruise Season
Rio de Janeiro saw a bustling 2024-25 season, welcoming over 327,000 visitors and 36 cruise ships, according to the Pier Mauá Cruise Terminal
CMA CGM Expands Air Cargo with Air Belgium Acquisition
CMA CGM has finalized its purchase of Air Belgium, strengthening its air cargo operations by adding four aircraft to its growing fleet.
Trump Calls for Free U.S. Access to Panama, Suez Canals
U.S. President Trump has called for American ships, both military and commercial, to be granted free passage through the Panama and Suez Canals
Explosion at Iranian Port Claims Over 40 Lives
The death toll from the devastating explosion and fire at Shahid Rajaee Port near Bandar Abbas in southern Iran has climbed to at least 40.
Scrap Fire Erupts Aboard Bulk Carrier in Amsterdam Port
A fire broke out on board a bulk carrier on April 24 around 6am local time while the vessel was docked in the Western Port Area of Amsterdam.
MSC World America Makes First Call to San Juan Port
The Puerto Rico government marked the maiden arrival of MSC World America with a plaque exchange ceremony at the Port of San Juan on April 15th.
Hong Kong to Add Cruise Shore Power by 2030
Hong Kong is preparing to introduce shore power capabilities at its port by 2030, according to Joanne Chu, Deputy Commissioner of Tourism.
LPG Tanker Seized in Bangladesh Over Fire and Legal Disputes
The LPG tanker Captain Nikolas was detained at the Port of Chattogram on April 11, following court orders issued by a Bangladeshi court.
Fire Breaks Out on Bulk Carrier in Amsterdam Port
April 17, fire erupted in the electrical wiring of the Syros Trader bulk carrier while the vessel was docked at the West Poortweg quay in Amsterdam
China Unveils World’s Largest Cruise Terminal in Xiamen
After MSC celebrated the opening of what was hailed as the world’s largest cruise terminal in PortMiami, a new contender has claimed the title.
Rotterdam Completes First-Ever Ammonia Bunkering Operation
Rotterdam carried out its first ammonia bunkering operation on April 12, marking a step toward positioning itself as a hub for ammonia-fueled shipping
Crane Collapse Injures Two at Dutch Shipyard in Maasbracht
A crane accident at the Tinnemans Shipbuilding facility on Industrieweg in Maasbracht, Netherlands, led to injuries and damage to a vessel.
CMA CGM Acquires 35% Stake in Egypt's First Dry Port
French shipping and logistics leader CMA CGM has reached an agreement to acquire a 35% ownership share in Egypt’s October Dry Port (ODP).