Global Boxship Orders Surge Past 9 Million TEU
France’s CMA CGM and Taiwan’s Evergreen are the latest global shipping giants to expand the record-breaking containership orderbook,.
12 Feb 2025
11 Feb 2025
11 Feb 2025
11 Feb 2025
10 Feb 2025
10 Feb 2025
7 Feb 2025
7 Feb 2025
6 Feb 2025
5 Feb 2025
5 Feb 2025
5 Feb 2025
5 Feb 2025
4 Feb 2025
4 Feb 2025
Somali Pirates Resurface, Threatening Merchant Vessels
Shipping companies have been alerted to the resurgence of Somali pirates, who are once again actively seeking targets.
Hapag-Lloyd Expands Dual-Fuel Containership Fleet
Hapag-Lloyd is moving forward with additional dual-fuel containership orders, returning to South Kora to commission six 16,800 TEU vessels.
US Container Imports Hit Record High in January
US container imports surged to a new record in January, with shipments from China rising for a second consecutive month, according to Descartes.
Crude Oil Tanker Koala Runs Aground After Engine Explosions
February 9, a crude oil tanker carrying 130,000 tons of oil ran aground at Ust-Luga Port, Russia, following three explosions in its engine room.
Bangladesh Coast Guard Seizes Vessels for Illegal Fuel Transfer
The Bangladesh Coast Guard has intercepted and seized a chemical tanker and a Bangladeshi vessel for conducting an unauthorized fuel transfer.
U.S. Expands Sanctions Targeting Iranian Oil Shipments
Trump acts on pledge to increase pressure on Iran by imposing sanctions on those accused of facilitating the transport of Iranian oil to China.
Olympic Orders Two Energy-Efficient Offshore Vessels
Norwegian offshore operator Olympic expands fleet with offshore construction vessels, set to be built at China Merchants Heavy Industry shipyard
Maersk Reports Strong 2024, Red Sea Uncertainty Looms
In 2024, Maersk, Denmark’s largest shipping company, marked its third-best financial year in its entire 121-year history.
Hapag-Lloyd Secures Green Financing for 24 New Vessels
Germany’s Hapag-Lloyd has finalized funding arrangements for its 24-vessel newbuilding program, which was approved last year.
Captain of Silver Breeze Faces Charges After Grounding
The captain of Ro-Ro/passenger vessel Silver Breeze is facing prosecution following the ship’s grounding in the West Harbor of Tomakomai, Japan.
CMA CGM Acquires Four Ice-Class Container Ships for $120M
CMA CGM has finalized the acquisition of four ice-class wide beam container ships, originally built between 2016 and 2017, from Delphis.
Call for Increased Pilot Use in Gibraltar After Collision
A recent accident report has recommended greater use of pilots in Gibraltar’s waters following a significant maritime incident.
Ocean Network Express and LX Pantos Form Joint Venture
Japanese shipping company Ocean Network Express (ONE) has partnered with Korean logistics firm LX Pantos to launch Boxlinks in the United States.
Ocean Freight Rates Expected to Drop Further in February
Ocean container freight rates are set to decline further in February, influenced by the Middle East ceasefire and Lunar New Year slowdown.