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Samsung Heavy Industries to build the world largest containerships

Evergreen signs contracts for four 23,000 TEU ships

Taiwanese shipping major Evergreen has signed contracts with Jiangnan Shipyard and Hudong Zhonghua Shipbuilding for the construction of four 23,000 TEU containerships....

Maersk Tankers to grow managed fleet by 11 ships

Maersk Tankers to grow managed fleet by 11 ships

  Danish tanker owner and operator Maersk Tankers is set to add eleven tankers to the fleet under its management, following an agreement with BP Shipping and ICBC...

Houthis release three captured ships

Houthis release three captured ships

  Yemen’s Iran-aligned Houthi movement released three vessels and 16 people it had seized, South Korea’s foreign ministry and a Houthi military source in Yemen...

US container imbalance worsening, says Alphaliner

Drewry: Box spot rates rise amid more idle ships, bunker surcharges

  The container spot freight market have rebounded amid a growing number of idle ships and new bunker surcharges, in what has been a mostly disappointing year for...

Red Sea route not safe for ships

Red Sea route not safe for ships, says Iran

  Iranian tankers have been targeted in the Red Sea three times in a six-month period, the Islamic Republic said last week, warning the international community the...

UK lowers security level for its ships in Strait of Hormuz

UK lowers security level for its ships in Strait of Hormuz

  Britain lowered its security risk level for UK-flagged ships traveling through the Strait of Hormuz on Thursday, more than a month after one of its tankers was...

‘Over 300 ships involved in illegal registrations’ 

‘Over 300 ships involved in illegal registrations’ 

  More than 300 vessels globally have been linked to fraudulent ship registries, the Standard Club, a marine insurer, informed. In light of a spike in fraudulent...

Australia bans two ships from its ports

Australia bans two ships from its ports

Two bulk carriers have been banned from Australian ports for breaching the most basic rights of seafarers, according to the Australian Maritime Safety Authority (AMSA)....

200 ships berth in Warri port

200 ships berth in Warri port

The Nigerian Ports Authority (NPA) has said that no fewer than 200 vessels now berth in the Warri Ports, Delta. This was made known during a stakeholders forum held on...

Sulphur charge

Indonesia to enforce IMO 2020 fuel rules on ships 

  Indonesian-flagged ships will comply with new low-sulphur fuel rules that start next year, the country’s Ministry of Transportation said on Tuesday, after...

China to escort ships in Gulf under U.S. proposal

China to escort ships in Gulf under U.S. proposal

China might escort Chinese commercial vessels in Gulf waters under a U.S. proposal for a maritime coalition to secure oil shipping lanes following attacks on tankers,...

Strait of Hormuz: Norway advises ships to minimize transit in Iranian territory 

Strait of Hormuz: Norway advises ships to minimize transit in Iranian territory 

The Norwegian Maritime Authority (NMA) has updated its security instructions for Norwegian-flagged vessels following recent attacks in the Strait of Hormuz. The NMA, on...