April 18, 2024
March 18, 2026
April 18, 2024
FBI opens criminal probe in Baltimore bridge collapse
BALTIMORE : The US has opened a criminal investigation into what occurred on a cargo ship before it crashed into Baltimore’s Francis Scott Key Bridge and caused it to collapse last month, according to
April 18, 2024
Indians on seized ship ‘MSC Aries’ not detained, to return once weather improves : Iran envoy
TEHRAN : Iran’s Ambassador to India, Iraj Elahi, told India Today TV on Tuesday that all the 17 Indian nationals who were on board an Israeli-linked container ship ‘MSC Aries’ that was seized by the
April 18, 2024
COVID pandemic wiped 24.6 million TEU off container market growth : BIMCO
LONDON : “Due to the COVID-19 pandemic, the global container market grew only 1.5% from 171.0 million TEU in 2019 to 173.5 million TEU in 2023. Without the pandemic, that figure would have been
April 18, 2024
Baltimore bridge collapse could yield the largest maritime insurance losses
BALTIMORE : The Baltimore bridge collapse could cost up to $4 billion in insured losses, which would make it the most expensive incident involving a ship collision for insurers in modern history. The crash
April 18, 2024
Maersk implements new PSS from Asia
COPENHAGEN : Maersk is implementing the Peak Season Surcharge–PSS for China from China to Dar es Salaam, Tanzania effective 22-Apr-24 for all 20 dry, all 20 reefer, all 40 dry, all 40 reefer and
April 18, 2024
Jebel Ali Port returns to top-10 busiest container ports
DUBAI : Alphaliner’s report said the Middle East’s largest container port, Dubai/Jebel Ali, has re-entered the top 10 ranking of global container ports, overtaking Europe’s biggest port and demonstrating the scale of the economic
April 18, 2024
HMM to double fleet by 2030 in major expansion plans
SEOUL : HMM will double its fleet to 240 vessels by the end of the decade, it has revealed in its mid-to-long-term strategy published shortly after a sale of the company fell through. The 2030
April 18, 2024
Hapag-Lloyd and Seaspan to retrofit five vessels to methanol propulsion
HAMBURG : Hapag-Lloyd and Seaspan Corporation enter into a partnership agreement to retrofit and convert five 10,100 TEU container ships powered by conventional MAN S90 engines to dual-fuel engines capable of operating on methanol.
April 18, 2024