Singapore’s Vasi Shipping Files for Bankruptcy Protection
Vasi Shipping, a small container shipping company based in Singapore, has declared bankruptcy after 13 years in operation.
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South Korea Saw Sharp Rise in Maritime Accidents in 2024
South Korea experienced a notable rise in maritime incidents and casualties in 2024, according to data from the Ministry of Oceans & Fisheries.
Yangzijiang Financial Orders Four Handysize Bulk Carriers
Yangzijiang Financial Holding is making a return to Jingjiang Nanyang Shipbuilding with a fresh order in the handysize dry bulk market.
Cargo Ship Collision in Vietnam Leaves Four Dead
A serious maritime collision occurred in Vietnam’s Gulf of Bắc Bộ on April 8, when a Panama-registered cargo ship struck a Vietnamese fishing vessel
Australia to Cancel Chinese Lease of Darwin Port
Australia is moving ahead with plans to terminate a Chinese firm's lease on the Port of Darwin, located in the far north of the country.
NYK Orders First Methanol-Fueled VLCC for 2028 Delivery
Japanese shipping giant Nippon Yusen Kaisha (NYK) is set to introduce its first methanol dual-fuel very large crude carrier (VLCC) to its fleet.
Cordelia Cruises to Acquire Two Ships from Norwegian Line
Norwegian Cruise Line has reached a deal to transfer two of its Sun-class ships, Norwegian Sky and Norwegian Sun, to India-based Cordelia Cruises
Oil Spill Near Pulau Ubin Prompts Swift Cleanup Response
An oil spill has been confirmed by the Johor Port Authority after a slick was seen near the Eastern Johor Strait off the coast of Malaysia’s Pulau Ubin
Tourist Arrested in Japan for Carrying Firearm to Port
A 73-year-old tourist was taken into custody at Kobe Port Terminal after disclosing he had a gun in his luggage while preparing to board a cruise
South Korea Makes Record Cocaine Seizure from Cargo Ship
South Korean authorities have seized approx two tons of cocaine, the largest drug bust in the country’s history, aboard a bulk carrier in Gangneung
Japanese Shipbuilders Unite to Launch Marine Tech Lab
Leading Japanese shipyards and maritime organizations are partnering to create an advanced maritime technology research center at Osaka University
Cargo Ship Collision Off Ningbo Leaves One Dead, Three Hurt
A fatal accident occurred near Yangxiaomao Island off the coast of Ningbo, China, when two Chinese-flagged cargo vessels collided early March 29.
Speedboat Catches Fire Near Phuket, Injuring Six People
A speedboat caught fire and exploded off the coast of Thailand, on April 1, resulting in six people being injured. No fatalities were reported.
Fire Erupts on Cargo Ship Off Batangas, 12 Rescued by PCG
Philippine Coast Guard responded to a fire on board cargo vessel MV Castphill XV in the early hours of March 30 while it was NW of Limbones Island
Two Cargo Vessels Collide Near Cavite, No Injuries Reported
On March 26, the bulk carrier Sangko Uno 66 and landing craft LCT Nicia were involved in a collision off the coast of Cavite in the Philippines.