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MSC-operated ship captured by Iranian forces

MSC told Container News that it is working to secure the release of one of its operated ships that was seized by Iran’s Islamic...

Bulk carrier hijacked in Arabian Sea as navigational crisis mounts

The MV Lila Norfolk, a Liberian-flagged cargo ship, was hijacked in the Arabian Sea, off the Somalia coast, on 4 January. Reports said the bulk...

MSC boxship attacked in Red Sea

MSC confirmed that on 26 December the 8,200 TEU container ship MSC UNITED VIII was attacked while transiting the Red Sea. "The vessel informed a...

Capacity crunch as all-time high of vessels reroute around Cape of Good Hope

The number of ships that have diverted from the Suez Canal to the Cape of Good Hope has reached a record high of 125...

Major box carriers pause container ship traffic through Red Sea

Major ocean carriers have decided that their ships will not transit the Suez Canal due to recent attacks in the region. The largest container line...

Missile attacks threaten global supply chain crisis at Suez Canal: Two boxships attacked, one on fire

Missile and drone attacks by Houthi militia on merchant ships passing through the Red Sea and Gulf of Aden could trigger a global supply...

Maersk decided to cut at least 10,000 jobs

Danish container shipping company Maersk has announced it will cut more than 10,000 jobs after the financial downturn in the third quarter of 2023,...

Leak reveals Aponte is one of world’s richest men

A massive revenue surge amounting to sky-high profits aligned with a tonnage tax that effectively saw negligible taxes levied on shipping lines has pushed...

Is Maersk’s algorithm out of control?

This week the consultancy Linerlytica reported that carriers had accused Maersk of driving down spot rates, in what is an ironic turnaround given that...

Maersk’s weak earnings expose integration strategy failure

The drastic drop in AP Moller-Maersk's 2Q 2023 earnings shows that the Danish group's strategy of integrating shipping and logistics has flopped, while its...

Container vessel sinks in Bangladesh waters

A boxship carrying 96 TEUs of containers sank during an intra-Bangladesh route from the port of Chittagong to the Pangaon Inland Container Terminal in...

Top 10: The busiest container ports in the United States

Several important container ports are located in the United States and are key gateways for national and global trade. Below, you can find a list...

Latest Posts

Barcelona Port kicks off first Shore Power Project

The Port of Barcelona has officially launched its first Onshore Power Supply (OPS) project for cruise ships, marking a major step in its wider...

Researcher urges caution for South Korean shipbuilders eyeing tie-ups with US peers

The Export-Import Bank of Korea (KEXIM) is calling on the country's shipbuilders to assess the risks before working with US shipbuilders. KEXIM’s Overseas Economics Research...

Hiab set to finalize sale of MacGregor

Hiab Corporation is moving forward with the final stages of its planned divestment of MacGregor, having now received all required regulatory approvals. The company...

NWSA launches first Zero-Emission Drayage program

Northwest Seaport Alliance (NWSA) has announced its first-ever incentive program to support the deployment of zero-emission (ZE) drayage trucks. Also, this program includes support...

OrbitMI joins Smart Maritime Council

OrbitMI, a maritime software provider recognized for its data-driven SaaS solutions, has officially joined the Smart Maritime Council, reinforcing its commitment to greater industry...
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