LNG Tanker & Bulker Collide at Gibraltar Anchorage
Early hours of March 18, LNG tanker SM Kestrel collided with anchored bulk carrier Diamond Star II at the western anchorage of the Bay of Gibraltar.
Shipping
Tugboat Sinks After Collision with Containership in Callao
A collision between the tugboat Westport and the containership A. Idefix on March 14 in the Callao Sea resulted in the sinking of the tugboat.
Pirates Attack Tanker Near São Tomé and Príncipe
A Panama-flagged asphalt/bitumen tanker was boarded by three armed pirates late Tuesday while sailing off the coast of São Tomé and Príncipe.
U.S. LNG Producers Seek Higher Prices Amid Rising Costs
Several U.S. LNG producers are looking to renegotiate higher prices with buyers due to increasing construction, labor, and borrowing costs.
Grimaldi Group Takes Delivery of Final GG5G Vessel, ECO Napoli
The Grimaldi Group has officially taken delivery of the ECO Napoli, marking the completion of its GG5G-class vessel series.
Elbdeich Reederei Confirms Order for Two More Containerships
Elbdeich Reederei finalizes orders for two new containerships from Huangpu Wenchong Shipyard in China, reinforcing its fleet expansion strategy.
MSC Rhiannon Refloated After Grounding Off Istanbul Coast
The container ship MSC Rhiannon ran aground near Yeşilköy, off the Istanbul coast, while attempting to change anchorage.
NGOs Urge EU to Act Over Livestock Carrier’s Troubled Voyage
A coalition of non-governmental organizations has sent an open letter to the European Commission and Commissioner for Health and Animal Welfare.
Insurance Implications & Financial Impact Of North Sea Incident
The accident is expected to result in substantial insurance claims, with estimates ranging from $100 million to $300 million.
Hapag-Lloyd Expands Fleet Capacity with Jumboization Project
Shipping company Hapag-Lloyd has earmarked another series of vessels for jumboization, continuing its strategy of expanding container capacity.
Captain of Solong Arrested After North Sea Collision
Captain of containership Solong arrested on suspicion of gross negligence manslaughter following collision with the tanker Stena Immaculate.
Reefer Vessel Rotsund Runs Aground Off Isle of Skye
On March 10 the reefer vessel Rotsund ran aground near the Isle of Skye, Scotland after its anchor dragged while en route from Haugesund to Kyle.
Triton to Acquire GCI in $1 Billion Deal, Expanding Fleet
Triton, one of the world's largest container leasing companies, announces agreement to acquire Global Container Int. in a deal worth over $1bn.
Shipping Industry Monitors Red Sea After Aid Deadline Passes
The shipping industry is watching developments in the Red Sea today as Houthi rebels threaten to resume attacks on commercial vessels in the region
Armed Intruders Board Tanker in Philip Channel Near Indonesia
Panama-flagged tanker boarded by seven individuals while traveling through Philip Channel yesterday, about six nautical miles east of Indonesia.
North Sea Collision Raises Environmental Concerns Over Cargo
Concerns are growing over fuel leakage after the North Sea collision and authorities are assessing the environmental impact of the incident.
Rescue Underway After Tanker & Containership Collision in UK
A large-scale rescue operation is in progress in the North Sea after a product tanker and containership collided and caught fire off the UK coast
Performance Shipping Secures Funding for Third Newbuild Tanker
Greece-based Performance Shipping has finalized financing for its third newbuild vessel in China through another sale and leaseback agreement.
Singapore Welcomes CMA CGM’s First Methanol-Powered Ship
The Port of Singapore received CMA CGM Iron the first dual-fuel methanol-powered containership in CMA CGM’s fleet during its call on March 4.
CMA CGM Overtakes Maersk to Become Second Largest Liner
CMA CGM, the most aggressive ship acquirer of the year so far, has reached a significant milestone in the container shipping industry.