Shipping

MSC Steps Up Secondhand Ship Buying to Expand Fleet

MSC completes another active period in the secondhand container ship market, highlighting the liner operator’s ongoing efforts to grow its fleet.

An MSC container ship at sea

Aqmaris Orders Four Ultramax Bulkers at Wuhu Shipyard

Turkish shipping newcomer Aqmaris has finalized a contract with China’s Wuhu Shipyard for the construction of four ultramax bulk carriers.

A shipbuilding yard in China

Suez Canal Traffic Still Depressed Despite End to Attacks

A BIMCO report shows that traffic through the Suez Canal remains significantly reduced more than three months after the most recent Houthi attack

The Suez canal under a hazy sky

Indian Crew Arrested After Cocaine Found on Bulk Carrier

Crew from bulk carrier Aruna Hulya were arrested at port of Lagos, Nigeria, after authorities discovered 31.5 kilograms of cocaine hidden onboard

Packets of cocaine in a suitcase on a desk next to a pen and document

V.Group Acquires Njord Fuel Efficiency Platform

V.Group has acquired Njord, the maritime fuel efficiency and decarbonization platform established by Maersk Tankers, for an undisclosed amount.

Men in business attire shaking hands across a desk

Korean Register Names Lee Yongsok as New Chairman

Classification society Korean Register (KR) has named Lee Yongsok as its 26th chairman and chief executive following an election on December 23rd

The flag of South Korea against a blue background

Palau Takes State Control of Ship Registry After Sanctions

Palau Government to nationalize the Palau Open Ship Registry following sanctions imposed on the private company that previously operated the flag

The flag of Palau flying against a blue and white cloudy sky

Police Board Vessel After Baltic Sea Cable Damage

Latvian authorities boarded a ship on January 4 as part of an investigation into damage to an undersea cable in the Baltic Sea that was discovered

Underwater cables lying on the seabed

Cargo Ship Freed After Grounding Off Devon on New Year’s Eve

A large cargo vessel named the Scot Pioneer was left stranded for several hours on New Year’s Eve after running aground near the Devon coast.

The coastal path at Teignmouth, Devon with a rainbow in the background

Finnish Authorities Detain Fitburg Over Cable Damage Case

Finnish officials seized cargo ship Fitburg on Wednesday on suspicion it caused damage to undersea telecommunications cable linking Helsinki and Tallinn.

A broken underwater cable on a seabed

DHT Sells Two Aging VLCCs as Fleet Renewal Continues

VLCC owner DHT Holdings is selling two of its oldest tankers, extending its ongoing fleet renewal strategy amid continued strength in vessel prices.

A tanker sailing towards a rainbow

Tanker Zhong Fa Disabled After Engine Failure in Taiwan Strait

The Honduras flagged oil and chemical tanker Zhong Fa lost maneuvering ability while passing through the Taiwan Strait on December 21st.

A tanker at sea

Swedish Authorities Board Russian Tanker Adler for Inspection

Swedish authorities boarded and searched the Russian flagged tanker Adler on December 21 while it was anchored in Swedish territorial waters.

A Swedish flag flying off the stern of a boat

Odfjell Launches First Green Deep Sea Corridor Brazil–Europe

Norwegian chemical tanker operator Odfjell has introduced the world’s first regular green corridor for deep sea shipping between Brazil and Europe

The European Union flag and Brazilian flag morphing into one another

SSY to Acquire Grieg Shipbrokers in Major Expansion Move

United Kingdom based shipbroking group SSY has reached an agreement to acquire Grieg Shipbrokers, one of Scandinavia’s oldest brokerage firms.

The hands of two men in business attire shaking hands

Notorious Bulk Carrier Sage Sagittarius Sold for Scrapping

Nippon Yusen Kaisha’s Sage Sagittarius, a 25 year old post panamax bulk carrier known for its troubled past, has been sold for demolition.

Old vessels lined up in a ship wrecking yard on a hazy day

Hapag-Lloyd Orders Methanol-Fueled Ships in Fleet Upgrade

Hapag-Lloyd has advanced its fleet modernization strategy by ordering eight dual-fuel methanol container ships from China’s CIMC Raffles.

A Hapag-Lloyd container ship at sea

NYK Orders New Car Carrier with Autonomous Tech Features

NYK Line has placed an order with Shinkai Toyohashi Shipbuilding for a new car carrier equipped with the latest digital marine DX technologies.

the NYK Line logo on the side of a vessel

CMA CGM Sets Goal of 1,000 Women at Sea by 2030

CMA CGM, the container shipping company, has increased its long-term targets and now plans to have 1,000 women serving at sea by the end of 2030.

A small CMA CGM container ship sailing past the shore

New Zealand Confirms Support for Coastal Shipping Rules

New Zealand’s government reaffirmed its cabotage regulations, which require domestic coastal shipping be carried out by vessels registered in NZ.

Port of Wellington, New Zealand with the city in the background