ONE Modern is First Vessel on West India North America Route
ONE Modern has become the inaugural vessel for the new West India North America service, establishing a route between India and ports in Georgia.
Shipping
Euroseas Enters Time Charter Contract for Newbuild Feeder
The Nasdaq-listed Greek boxship owner, Euroseas, has secured a time charter contract for a new feeder ship that is currently being built.
WSC Annual Report Shows Record Low of Containers Lost at Sea
The World Shipping Council has published its annual report on containers lost at sea, noting a substantial decrease to 221 boxes lost in 2023.
Global Liner Fleet Hits 30M TEU for First Time in History
Per Alphaliner data, the global liner vessel fleet has surpassed 30M TEU for the first time, driven by a surge of newbuilds from Asian shipyards.
LNG & Container Ship Orders Push Delivery Dates into 2029
Orders for LNG carriers and container ships continue to dominate the order books at Asian shipyards with brokers reporting an increase in orders.
Further Raft of Shipping Sanctions for Russia During G7
As G7 leaders meet in Italy this week, a new series of coordinated sanctions against Russia have been making headlines, many affecting shipping.
MSC Vessel Hit with Arrest Warrant After Speeding Incident
The US Court issue arrest warrant for MSC Michigan VII following a lawsuit by a terminal operator claiming the vessel damaged a Charleston Pier.
Four New Chemical Tanker Newbuilds for Alita Shanghai
Alita Shanghai International Shipping is expanding its fleet of stainless steel chemical tankers by commissioning up to four new ships.
China and Russia Partner to Create Arctic Liner
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.
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.