News Flash

Post Image
N Europe – Asia Exporters Face Near 80% Container Capacity Drop

Categories: News Flash

Date: Apr 07, 2021

Exporters from Europe and the Med will see a sharp drop in container shipping capacity this week du...

Post Image
Algoma welcomes most efficient bulker to its fleet

Categories: News Flash

Date: Apr 06, 2021

The ship is expected to begin her voyage to Canada from the Jiangsu Yangzi-Mitsui Shipbuilding Comp...

Post Image
All Vessels Stranded By Ever Given Grounding Clear The Suez Canal

Categories: News Flash

Date: Apr 06, 2021

The closure of the canal from 23 – 29 March by the grounded 20,000 teu containership resulted in ...

Post Image
APM Terminals MedPort Tangier Commences Second Phase Of Development

Categories: News Flash

Date: Apr 06, 2021

During phase 1, the terminal operated with a 1,200 metre-long quay and in its Phase-Two, it will ad...

Post Image
Freight Rates Spike As Asian Cargo Ships Jam US West Coast Ports

Categories: News Flash

Date: Apr 06, 2021

An influx of imports from Asia to the U.S. has created a bottleneck at West Coast ports, with backe...

Post Image
Shipping Costs Add To Near-Term Global Inflationary Pressures

Categories: News Flash

Date: Apr 06, 2021

Supply-chain bottlenecks in global shipping and semiconductor markets are adding to near-term press...

Post Image
Digital Connections

Categories: News Flash

Date: Apr 05, 2021

One of the many benefits of recent bridge improvements is that displays can now be replicated in re...

Post Image
Good Samaritans Save Family of Four From Burning Yacht

Categories: News Flash

Date: Apr 05, 2021

On Saturday, a family of four had a narrow escape from a yacht that caught fire in the harbor at Co...

Post Image
Limited Sovereignty As African Countries Mortgage Resources To China

Categories: News Flash

Date: Apr 05, 2021

Governments in Africa have been mortgaging their natural resources to secure loans from China, a tr...

Post Image
STI In Chile First With Dual Berthing Of Neo-Panamax Boxship

Categories: News Flash

Date: Apr 05, 2021

The containerships MSC Katrina and MSC Rene y measure 366m in length and span 48m in beam with a ca...

Post Image
Singapore To Continue STCW Certificate Validity Extension

Categories: News Flash

Date: Apr 05, 2021

In a circular the Maritime and Port Authority of Singapore (MPA) and Infocomm Media Development Aut...

Post Image
Biden Gives Full Power To US Offshore Wind

Categories: News Flash

Date: Apr 03, 2021

The Biden administration continues making its renewable energy moves and has set a goal of deploy 3...

Post Image
Hapag-Lloyd Launches New Service Connecting Asia And East Africa

Categories: News Flash

Date: Apr 03, 2021

Hapag-Lloyd is to launch a new service connecting Asia and East Africa in late April. This new E...

Post Image
Egypt To Seek Over $1 Billion In Compensation For Suez Blockage

Categories: News Flash

Date: Apr 03, 2021

Egypt will ask for over $1 billion in compensation for damages caused by Ever Given's groundin...

Post Image
Seaspan Orders Six Boxships At CSSC Yards

Categories: News Flash

Date: Apr 03, 2021

The containership owner Seaspan has placed orders at Hudong Zhonghua Shipbuilding and Jiangnan Ship...

Post Image
MOL Sets Fueling Process For LNG-Powered Ferries Under Construction

Categories: News Flash

Date: Apr 03, 2021

Mitsui O.S.K. Lines is continuing preparation for the launch of Japan’s first LNG-fueled ferries ...

Post Image
Biden Appoints New Chair Of Federal Maritime Commission

Categories: News Flash

Date: Apr 01, 2021

Commissioner Daniel B. Maffei has been designated as the new chairman of the US Federal Maritime Co...

Post Image
International Seaways And Diamond S In $2 Billion Tanker Mega-Merger

Categories: News Flash

Date: Apr 01, 2021

In a mega-merger, two US-listed tanker operators have agreed to combine to create one of the world...

Post Image
Maersk Injects New Asia/US East Coast String To Bolster Transpacific Supply Chains

Categories: News Flash

Date: Apr 01, 2021

Florham Park, New Jersey USA – Maersk Inc. North America has announced the start of a new service...

Post Image
Panama Launches Investigation Into Ever Given’s Grounding

Categories: News Flash

Date: Apr 01, 2021

The Panama Maritime Authority (AMP) has started an investigation into the grounding of the Ever Giv...

Post Image
IMO Publishes Short List Of Actions For Quick Carbon Footprint Reduction In Shipping

Categories: News Flash

Date: Apr 01, 2021

To support the Low Carbon Shipping effort, the IMO Global Industry Alliance (GIA) published a guide...

Post Image
World Bank Sees Western Balkan Economies Rebounding To Growth In 2021

Categories: News Flash

Date: Apr 01, 2021

The economies of the six countries in the Western Balkans could grow by 4.4% in 2021, up from a 4.8...

Post Image
Meriaura Group Working On A 100% Carbon Neutral Transport Concept

Categories: News Flash

Date: Apr 01, 2021

Finnish shipping outfit Meriaura Group has started the preparation and design of a transport concep...

Post Image
Meyer Werft Wins Rare Cruise Ship Order From Japan

Categories: News Flash

Date: Apr 01, 2021

Japanese cruise shipping company NYK Cruises, part of the NYK Group, has ordered an LNG-powered 51,...

Post Image
Seaspan Announces Newbuild Order For Six 15,500 TEU Containerships

Categories: News Flash

Date: Mar 31, 2021

Seaspan Corporation (“Seaspan”), a wholly-owned subsidiary of Atlas Corp. (“Atlas”) (NYSE: ...

Post Image
Qingdao Shipyard Inks Contract For 5,900 Teu Boxship Quartet

Categories: News Flash

Date: Mar 31, 2021

Qingdao Shipyard announced it had entered into the shipbuilding contract with a Belgian shipowner f...

Post Image
DP World Caucedo Receives Largest Vessel After Completing Expansion

Categories: News Flash

Date: Mar 31, 2021

DP World Caucedo has completed its $114m-expansion allowing it to receive the biggest vessel ever t...

Post Image
Suez Canal Begins Clearing Vessel Backlog

Categories: News Flash

Date: Mar 31, 2021

Transits of the Suez Canal began again in the evening of March 29 after the Ever Given was refloate...

Post Image
Maersk Turns Around Vessels Redirected To Cape Of Good Hope

Categories: News Flash

Date: Mar 31, 2021

With the Suez Canal reopening following the successful re-floating of the Ever Given Maersk has tur...

Post Image
Plans From Norway For An Ammonia-Fuelled Short-Sea Bulker Service

Categories: News Flash

Date: Mar 31, 2021

The latest entrant in the race to develop the first zero-emission shipping operation is a new joint...

Post Image
Trade War: Biden Administration Not Ready To ‘Yank’ China Tariffs, But Open To Talks

Categories: News Flash

Date: Mar 30, 2021

In her first interview since taking office earlier this month, U.S. Trade Representative Katherine ...

Post Image
Cosco And PPA Disagreement Over Piraeus Shipyard Facilities

Categories: News Flash

Date: Mar 30, 2021

Greece’s main opposition party has charged the government and the Cosco Shipping-managed Piraeus ...