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Alphaliner leads debate on short-term carrier overcapacity

Alphaliner forecasts that there is little chance of overcapacity in the container shipping market in 2025, with the analyst saying it is impossible to...

Somaliland’s potential to emerge as new trade hub in Red Sea

Somaliland has recently captured the international spotlight with significant geopolitical developments involving key global players like Israel and the UAE, and strategic infrastructure advancements...

Box lines anticipate strike, slap US East Coast surcharges

Liner operators are imposing surcharges ahead of expectations that US East Coast port workers will resume strike action on 15 January. Linerlytica’s report this week...

Impact of Israeli Airstrikes on Yemen’s Key Maritime Hubs

Israeli military aircraft targeted Sanaa International Airport and various Red Sea ports in Yemen. According to the Israel Defence Forces (IDF), the airstrikes aimed at...

Seoul steps in to lighten shippers’ burden

South Korea's Ministry of Oceans and Fisheries (MOF) will again intervene to alleviate the impact of supply chain bottlenecks on local exporters. The ministry anticipates...

Shell’s Singapore refinery suffers second oil leak in two months

Yet another oil spill has affected oil major Shell’s refinery in Singapore. A joint statement from the Maritime and Port Authority of Singapore (MPA),...

Container ship ordering hits new record in 2024

Container ship newbuilding orders for 2024 have reached about 4.4 million TEUs, breaking the previous record from 2021, where 4.3 million TEUs were ordered,...

FESCO ship capsizes at Istanbul berth

Fifteen crew on the FESCO-owned container vessel Amnah were forced to jump ship as the loading of the vessel failed leading the ship to...

Enhanced Role of Spanish Ports Amid Red Sea Rerouting

In the intricate web of global maritime logistics, Spanish ports have emerged as pivotal nodes, increasingly instrumental amid the complexities introduced by rerouting due...

Yang Ming enhances its fleet with new vessel order

Taiwan's major ocean carrier Yang Ming has ordered 13 new container vessels, each with a capacity of 8,000-15,000 TEUs. The board of the company approved...

Folk Maritime orders 5,600 dry boxes

New Saudi Arabian container line Folk Maritime Services Company has ordered 5,600 shipping containers from Shanghai CIMC Yangshan Logistics Equipment. This agreement includes the acquisition...

Intra-Asia rates peak ahead of Christmas

Intra-Asia freight rates have reached new year-to-date highs, powered by double-digit growth in China-Southeast Asia trade. Drewry's Intra-Asia Container Index showed that freight rates are...

Latest Posts

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

In an era where geopolitics and climate change are redrawing the map of global trade, the question is no longer if maritime corridors will...

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...

HHLA shares solid 2024 financial results

Hamburger Hafen und Logistik AG (HHLA) shared solid 2024 financial results and key strategic developments at its Annual General Meeting. All items on the...
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