The blockage of the Suez Canal in 2021 caused a loss of nearly $89 million to the shipping company Maersk Line, a new study has estimated. The container ship Ever Given ran aground in the Suez
LONDON : The 2025 Polar Maritime Seminar, co-hosted by the International Maritime Organization (IMO) and Norway’s Chairship of the Arctic Council, in cooperation with the Arctic Council’s Working Group on the Protection of the Arctic
LONDON : Drewry’s World Container Index decreased 11% to $3,445 per 40ft container this week. Drewry’s detailed assessment for Thursday, 23 January 2025
LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Friday and posted its third straight weekly loss, weighed down by weaker rates
COPENHAGEN : Japan Marine United (JMU) announced the delivery of the methanol-ready 12,800 TEU container ship MAERSK EUNAPOLIS on January 17, 2025. The vessel, built at JMU’s Kure Shipyard in Hiroshima Prefecture, is the
GENEVA : Container liner MSC Mediterranean Shipping Co. SA said it will continue to send its ships around Africa’s southern tip until further notice, a sign that any resumption to normal trade flows through the Red Sea is
COURBEVOIE (FRANCE) : According to the latest data released by Alphaliner, as of January 14, there were 7,211 container ships in service worldwide, with a total capacity of 31.5604 million TEUs, equivalent to about
DAVOS : “The Panama Canal was not a gift from the United States,” President Jose Raul Mulino said Wednesday, after US President Donald Trump threatened to take it back. “We reject in its entirety
KLAIPEDA : The first ever green hydrogen and electricity-powered ship in Lithuania, commissioned by the Klaipėda State Seaport Authority, has been moved from shipyard into water. Leaving no trace on the environment, it will
OMAN : Yemen’s Iran-aligned Houthis have released the crew of the Galaxy Leader more than a year after they seized the Bahamas-flagged vessel off the Yemeni Red Sea coast, Houthi-owned Al Masirah TV has reported. It