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CMA CGM AIR CARGO set to expand with Transpacific route launch in summer

CMA CGM AIR CARGO is set to launch a transpacific route linking Asia to North America in the summer of 2024, signalling a significant...

EU tanker import tonne mile demand up 12% as ships avoid Red Sea area

“In 2023, sanctions on Russian oil exports by the EU caused a major shift in tanker trades and a 10% increase in average sailing...

Wallenius Wilhelmsen signs US$1 billion deal with premium car segment global player

The Norwegian/Swedish shipping company Wallenius Wilhelmsen recently signed a multi-year contract with a major firm in the premium car segment, valued at more than...

Hiab secures US$5.4 million order for offshore wind turbine loader cranes

Hiab, a division of Cargotec, has secured a significant US$5.4 million order for loader cranes which will be used in offshore wind turbines. The...

Almost all crew perish as chemical tanker capsizes off Japan

A 1,168 dwt chemical/products tanker, Keoyoung Sun, capsized in strong winds off Shimonoseki on Japan's southwestern coast on 20 March, leaving 10 of its...

DP World, Goodyear collaborate on tree planting initiative

DP World has announced the successful planting of 702 trees as part of an ongoing initiative to reduce carbon emissions, in collaboration with the...

BIMCO analysis: 13% of world seaborne trade under attack from Houthis and Somali pirates

"Houthi attacks on ships in the Red Sea, coupled with a rise in piracy off the coast of Somalia, are disrupting global trade. In...

Hijacked Bangladeshi ship reaches Somalia; Crew remains hostage

A security ship followed the Bangladeshi hijacked ship Abduallah and fought with the pirates on Wednesday (13 March) night, according to a crew member...

Bangladeshi ship hijacked by Somalian pirates

A Bangladesh flag carrier ship was hijacked by Somalian pirates in the Indian Ocean on 12 March, according to the owner of the vessel,...

HD Hyundai partners with Neptune Lines for EPLO services on four car carriers

HD Hyundai Marine Solution has inked a deal with Greek operator Neptune Lines Shipping and Managing Enterprises to deliver Engine Part Load Optimization (EPLO)...

Oil leak from capsized barge off Tobago halts after a month

According to the Government of Trinidad and Tobago, the discharge of hydrocarbons from the overturned vessel near Cove, Tobago, has stopped, as confirmed by...

Grimaldi bolsters Italy-Greece connections

The Grimaldi Group is set to elevate transport capacity and comfort on its Italy-Greece connections with the introduction of the Europalink vessel on the...

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Asia-Europe spot rates could surpass US$20,000 per FFE

Spot rates have continued to soar this week, causing significant concern among shippers about how high these rates might climb. However, the reality is that...

OOCL celebrates maiden voyage of two new mega vessels

Orient Overseas Container Line (OOCL) is celebrating the maiden voyage of its latest two 24,188 TEU mega vessels, "OOCL Finland" and "OOCL Sweden." With these...

Another MSC ship hit by Houthi missile

Houthi rebels have attacked another of Mediterranean Shipping Company’s boxships. The UK Maritime Trade Operations stated that after the missile assault on 8 June, fires broke out...

SeaLead launches Asia – West Coast service

SeaLead has unveiled its latest direct liner shipping service, marking the commencement of the AWC (Asia West Coast) service. This route will establish a direct...

Pacific International Lines launches PIL Academy

Pacific International Lines (PIL) has established the PIL Academy, a centre of excellence for learning and development, aimed at providing comprehensive training in maritime...