Gulf Energy Maritime Returns to South Korea for New MR Tankers
Gulf Energy Maritime, who specializes in commercial product and chemical tankers, has placed an order for MR vessels at HD Hyundai Mipo Dockyard.
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Unseaworthy Bulk Carrier Given 3 Month Australia Ban
AMSA have announced that the bulk carrier Peace has been banned from Australian ports for three months due to being deemed unseaworthy.
Main Baltimore Shipping Channel Due to Reopen at Weekend
The main shipping channel into Baltimore port will reopen this weekend, 75 days after a 9,962 TEU containership lost power and hit a bridge.
Chinese Seafarers Reap Largest Global Wage Increase
China has experienced the most significant rise in seafarer wages among the major seafaring nations in international shipping in recent years.
COSCO Adapts Four 16,000 TEU Newbuilds to Run on Methanol
COSCO Shipping Lines has announced a transition for four of its new 16,000 TEU vessels to dual-fuel methanol, moving away from conventional fuel.
SOLAS Amendment: Mandatory Reporting of All Lost Containers
The WSC has expressed approval of the recent amendments to SOLAS adopted by the IMO making it mandatory to report all containers lost at sea.
TEN Sells Two More Vessels in Bid to Revitalize Fleet
Greek shipping company Tsakos Energy Navigation (TEN) has recently sold two more vessels as part of its ongoing fleet modernization strategy.
Singapore to Relieve Bottlenecks with Disused Terminals
The Maritime and Port Authority of Singapore announced a temporary reopening of closed container terminals to address the backlog of ships.
From EEE to FFF: Maersk Debuts Its New Container Ship
Maersk to replace current bunker fuel surcharges, the bunker adjustment factor and the low sulphur surcharge, with new combined fossil fuel fee (FFF)
Syrian Shipowner Sentenced to 18 Months in UK Jail
A UK court has issued an arrest warrant for a Syrian shipowner, sentencing him to 18 months for providing false statements to the court.
Yang Ming Hints at Entry to the 24,000 TEU Boxship Club
Yang Ming Marine Transport's management has indicated that the company will soon join the ranks of 24,000 TEU container ship owners.
China's Top Shipping Lines Undergo Major Reshuffle
A significant reshuffling of China's leading shipping brands is in progress, with China Merchants set to divest its container and RoRo businesses
Stricter Monitoring by China’s Maritime Safety Administration
China’s Maritime Safety Administration (MSA) has tightened its monitoring of vessels, according to a recent update from class society DNV.
CMA CGM Hit with $1.975m Fine in the United States
The Federal Maritime Commission has reached compromise agreements with three companies: CMA CGM and two ocean transportation intermediaries.
UK's Ellerman City Liners Announces China-Morocco-UK Service
Ellerman City Liners, a UK-based shipping company, has introduced a new container service linking China with the United Kingdom and Europe.