EGYPT : A container ship has crashed into a bridge in the Suez Canal, the vital trade route between Asia and Europe.The container ship One Orpheus lost control of its steering and collided with
HELSINKI : MacGregor, part of Cargotec, has been selected to supply comprehensive packages of RoRo equipment for an additional four multi-fuel and zero-carbon ready Aurora class Pure Car and Truck Carriers (PCTCs) for Höegh
LONDON : A new report released on Wednesday at the margins of COP28, details the annualised total costs of zero emission container vessels and the cost difference on a per container basis for transpacific
ZURICH : ABB has secured a contract with Auckland Transport (AT) to deliver the maritime world’s first megawatt charging system (MCS) to recharge electric ferries using the same interface as trucks and airplanes. Lowering
SHANGHAI : ClassNK has issued Approvals in Principle (AiPs) for four cutting-edge ship designs developed by Marine Design & Research Institute of China (MARIC). The four designs – a 210k methanol dual-fueled bulk carrier,
COPENHAGEN : A.P. Moller – Maersk (Maersk) is about to launch the first of its 18 large methanol-enabled vessels currently on order. On 9 February 2024, it will enter service on the AE7 String
OMAN : An Indian cargo ship caught fire in the sea near Oman, officials said on Wednesday. The ship, Ali Madad of Salaya, belonged to Siddiq Sanghar, a resident of the Devbhumi Dwarka district
MARSEILLE : CMA CGM has announced new Freight All Kinds (FAK) rates from Asia to North Europe, the Mediterranean and North Africa. The French carrier says its Asia to North Europe/west Mediterranean FAK (freight
SHANGHAI : Chinese shipping giant COSCO SHIPPING and British multinational oil and gas company bp signed a Memorandum of Understanding (MoU) for strategic cooperation in Shanghai on Tuesday, 5 December. To further capitalise on
LONDON : Liner operators continue to struggle with a worsening supply/demand balance, affecting freight rates. On average, the fleet has grown 5% and 19% compared with 2022 and 2019 respectively. On the other hand,