Iran seizes oil tanker involved in US-Iran dispute in Gulf of Oman
BANDAR ABBAS : Iran seized a tanker with Iraqi crude destined for Turkey on Thursday in what appeared to be a retaliation for the seizure last year of
Port of Mombasa attracts new global shipping line
MOMBASA : The Port of Mombasa is attracting global shipping lines as a result of its efficiency with a leading Korean shipping line docking at the port on
Hapag-Lloyd increases rates from Indian Sub and Middle East to North America
HAMBURG : Hapag-Lloyd announced a General Rate Increase (GRI) / General Rate Adjustment (GRA) for cargo transported in 20′ and 40′ dry, reefer and special containers, including high
Red Sea attacks compel at least 65% of Indian exports shipments to Europe to take longer routes
NEW DELHI : At least 65 percent of Indian export shipments to Europe are taking the longer route via the Cape of Good Hope on the southern tip
Sea-Intelligence sees major short-term impact of Red Sea crisis on container capacity
COPENHAGEN : The ocean carriers find their service networks extremely volatile and prone to rapid alterations, as the Red Sea crisis is still ongoing and the developments are
Methanol overtakes LNG as top alternative fuel choice for newbuilds in 2023
Methanol surpassed liquefied natural gas (LNG) as the preferred alternative fuel choice for newbuild vessels in 2023, marking a significant milestone in the shipping industry’s efforts to decarbonize.
MSC welcomes another eco-friendly 16K TEU boxship from DSIC
GENEVA : As informed, the vessel MSC Anita was named and delivered on January 9. According to the shipbuilder, the vessel, which is the second boxship delivered to
A dynamic start to 2024 – four heavy-lifters join the Intermarine fleet
FLORIDA : 2024 is off to a strong start for Intermarine, where the multi-purpose carrier is gearing up for a dynamic year ahead. As the foremost operator in
Maersk charters ships from ONE and Yang Ming due to “insufficient” fleet
COPENHAGEN : Maersk Line, which had not been as aggressive as its rivals in ordering newbuildings, is now finding itself short of Neo-Panamax ships as more vessels are rerouted
Record deliveries could push container fleet above 30 million TEU in 2024
LONDON : “In 2023, shipyards delivered 350 new container ships with a total capacity of 2.2 million TEU, beating the previous record from 2015 when 1.7 million TEU