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Hong Kong’s Shipping Status Under Challenging Geopolitical Shifts

Several shipping firms are quietly shifting their operations away from Hong Kong and withdrawing vessels from the Hong Kong flag registry. This trend is driven...

Inside BlackRock’s Role in the Game-Changing Port Acquisition Deal

BlackRock, through a consortium that includes its subsidiary Global Infrastructure Partners (GIP) and MSC's Terminal Investment Limited (TIL), has agreed to acquire the international...

Maersk’s rate-cutting shows flop of Gemini’s reliability promise

Maersk Line has been singled out for aggressive discounts on Asia-North Europe rates, as consultancy Linerlytica suggested that Gemini Cooperation, the Danish carrier’s alliance...

Further rerouting scenarios unfold due to the Red Sea crisis

Recent sanctions imposed by the US Treasury's Office of Foreign Assets Control (OFAC) have disclosed active coordination between Houthi leaders and officials from Russia...

Container shipping facing uncompromising economic reality

Shifts in services on key trade lanes are heralding the first frost of an economic winter that promises to be severe and could be...

US concerns over Hutchison’s Panama Canal operations led to blockbuster deal?

A consortium of BlackRock and MSC's port operating arm Terminal Investment Limited (TIL) has agreed to purchase the international port assets from CK Hutchison...

MSC leads intra-Europe trade as ONE triples market share

Ocean Network Express (ONE) has registered the strongest growth in the intra-Europe market over the past year, according to Alphaliner. The pan-Japanese carrier has nearly...

Trump fires tariff war that can’t be won

Import duties are being used as ammunition in an economic war that many economists believe can only have losers and no winners. The chief...

Global shipping industry shows mixed signals following Trump’s tariff threats

The global shipping industry has faced significant uncertainty and mixed reactions following the implementation of tariffs and trade threats by US President Donald Trump...

Eastern Mediterranean ports proceed with significant investments

In 2024, the Eastern Mediterranean region, a crucial hub for maritime trade, has witnessed significant investment and expansion across its major ports. The Greek port...

Russian strikes hit MSC ship in Odessa

An MSC container vessel was damaged in a Russian missile attack on Ukraine’s Odessa port on 1 March. Ukraine’s deputy prime minister Oleksii Kuleba said...

Middle East Ports: Strategic Hubs Amid Growth, Innovation, and Geopolitical Shifts

Middle East’s container ports play a pivotal role in global maritime trade, leveraging their strategic locations along vital shipping lanes connecting Asia, Europe, and...

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Salvage teams assisting with the Wan Hai 503, which suffered a cargo fire on 9 June, have further stabilised the ship and reduced the...

Panama Canal vs Suez vs NSR: Which maritime corridor will shape the 21st century?

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ABS unveils breakthrough EV Battery Fire Simulation Model

American Bureau of Shipping (ABS) has taken a significant step forward, developing an advanced simulation modeling of thermal runaway in Lithium-ion battery fires. The model,...

OSPAR to ban scrubber discharges

Discharges from ship scrubbers will be banned in internal waters and port areas across the North-East Atlantic by 2027, with further restrictions coming into...

ABS to evaluate floating nuclear power plants

American Bureau of Shipping (ABS), CORE POWER, and Athlos Energy have formed a consortium to evaluate the potential deployment of floating nuclear power plants...
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