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News: International Shipping

Wan Hai christens eleventh 13,100 TEU containership

April 1, 2025

SINGAPORE : Wan Hai Lines has held a ship naming ceremony for the Wan Hai A18 alongside a charity event at Samsung Heavy Industries’ Geoje...

China Cosco may be shipping war’s first casualty

April 1, 2025

LONDON : The world’s largest shipping group is sailing into a perfect storm. Chinese state-owned Cosco Shipping doubled 2024 earnings but Washington’s proposed docking...

Maritime Industry Associations launch consolidated BMP Maritime Security publication

April 1, 2025

LONDON : The Industry Associations of BIMCO, ICS, IMCA, INTERCARGO, INTERTANKO & OCIMF supported by over forty maritime stakeholders, have on Monday released a...

Xeneta : Weekly Ocean Container Shipping Market Update

April 1, 2025

OSLO : Average spot rates from Far East to US East Coast and US West Coast remain flat since 15 March after falling 47%...

Panama purges and deregisters 107 ships from its fleet due to sanctions

April 1, 2025

PANAMA CITY : The Panama Maritime Authority (PMA) has officially deregistered 107 Panamanian-flagged vessels listed under international sanctions, with an additional 18 currently undergoing...

World’s First Commercial-Use Ammonia-Fueled Tugboat Completes Three-Month Demonstration Voyage

April 1, 2025

TOKYO : The world’s first commercial-use ammonia-fueled vessel, Sakigake, has successfully completed a three-month demonstration voyage, during which the vessel engaged in tugboat operations...