DP World and Russia to Pilot Container Shipping Via the Arctic Route
DUBAI : Russia continues to develop shipping through the Arctic promoting it as a faster route that is an alternative to the Suez Canal. In the latest development, ROSATOM, the Russian nuclear energy company
Container shipping faces the brunt of new European emissions rules
Maritime is having to contend with the splintering of environmental regulations following last week’s proposal by the European Commission of a cap and trade system for shipping emissions. Analysis carried by shows that of
India-SL synergies vital to control future volume growth in huge container ships
Synergies between India and Sri Lanka are vital to handle a future growth in Ultra Large Container Ships in the Indian subcontinent, Sri Lanka Ports Authority chairman Capt. Nihal Keppetipola said. This was stated
Maersk said to be eyeing up to a dozen 15,000TEU ships
COPENHAGEN : Maersk Line is said to be discussing orders for up to a dozen 15,000TEU methanol-fuelled container ships at Hyundai Heavy Industries (HHI), according to reports from South Korea. The price of each
Yang Ming eyeing ULCV league with newbuildings
Yang Ming is reportedly planning to join the current newbuilding “arms race”, as it seems to be involved in orders of new container ships, while the company’s last orders were back in 2018. The
Container ship suffers suspected missile attack in Indian Ocean
An Iran-affiliated outlet has reported an attack on the boxship CSAV Tyndall, a vessel previously owned by Israeli shipowner Eyal Ofer. According to Israeli media, the vessel was struck by an unknown weapon while under way
Maersk bans Iranian-owned containers from its vessels
COPENHAGEN : Maersk has announced it will not accept any Iranian-owned containers on its vessels from now on, applying potential fines and penalties in such cases. “Potential fines and penalties apply to all parties,
Container ship prices skyrocket as rush to move goods picks up
Prices to ship containers from Asia to the U.S. and Europe are rising at a historic pace as cargo owners bid up rates in a search for ocean transportation capacity that shipping industry executives