News Flash

Cargo Ship Catches Fire Off Greek Coast, Crew Evacuated

The fire started in the afternoon hours of 11 November. Its origin has not been determined so far.   The...
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China Denies Restricting Indian Ship Carrying Australian Coal From Leaving Its Port

China on Friday denied that it has restricted an Indian ship carrying Australian coal from leaving its port following complaints...
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Trump Bans American Investment in 31 Chinese Firms, Including CSSC

On Thursday, the Trump administration issued an executive order prohibiting Americans from buying or holding stock in 31 Chinese firms...
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INTERCARGO Supports IMO Measures Before Environmental Committee Meets

INTERCARGO, the association of dry bulk carriers announced its support for the International Maritime Organization’s (IMO) new measures aimed at...
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Amidst Treaty Rights Dispute, First Nations Buy $750M Fishing Company

In a stunning move, the Mi’kmaq First Nations Coalition has partnered with a B.C.-based distributor to buy Clearwater Seafoods, the...
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Hapag-Lloyd Delivers Good Result In First Nine Months of 2020

Hapag-Lloyd has concluded the first nine months of 2020 with earnings before interest, taxes, depreciation and amortisation (EBITDA) of more...
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Stena Line Ferry Stranded at Holyhead After COVID-19 Outbreak

Seven crewmembers of the Stena Line ro/pax ferry Stena Horizon have tested positive for COVID-19, and the entire crew is now in...
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Maersk Works With HTA To Solve Issues

The 2020 transpacific peak season has created challenges for many landside logistics providers trying to keep pace with import cargo...
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Seafarers, Heroes Of The Pandemic As Shipping Plays Vital Role In Crisis

“The pandemic has brought to the fore the importance of maritime transport as an essential sector for the continued delivery...
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Shipowners Announce New Surcharges As Container Shortage Worsens

Container shipowners have nominated further surcharges and rate increases for Asia-to-Europe routes in the final weeks of the year as...
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d’Amico International Shipping Reports Net Profit of $15.4 Million for 9-Month Period, More Than Half Compared to a Year Ago

The Board of Directors of d’Amico International Shipping S.A. (Borsa Italiana: “DIS”) (hereinafter : “the Company”, “d’Amico International Shipping” or...
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Amid Heightened Speculation, No Final Decision On East Container Terminal, Says Sri Lanka

Although the Sri Lankan government is yet to declare its final position on developing the strategic East Container Terminal (ECT) at the Colombo Port...
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Shipping Alliances Help Container Industry Boost Freight Rates In Coronavirus Pandemic

Container shipping has sailed through the coronavirus pandemic largely unscathed, as ship-sharing alliances and supply curbs to bolster freight rates...
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International Marine Shipping Industry Considers Nuclear Propulsion

It didn’t take a Biden-Harris win to make the world’s shipping industry act to decrease their carbon footprint – they...
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Russian Containership Causes COVID-19 Precautions in South Pacific

The Cypriot-flagged container ship Fesco Askold, operated by the Russian Far Eastern Shipping Company (Fesco) is being linked to a new...
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Japan’s Roboship Project Conducts Proof of Concept Remote Control Test

Japan’s Roboship project became the latest group to conduct successful tests of a remote-controlled ship equipped with an automatic collision...
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Great Eastern’s Bulk Carrier Crew Stuck At Chinese Port For 5 Months Without Relief-Business Journal

Twenty-three Indian crew on board a bulk carrier owned by the Great Eastern Shipping Co Ltd are stuck at a Chinese...
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Shipping Ministry to be Renamed as Ministry of Ports, Shipping and Waterways: PM Modi

The Union Ministry of Shipping is being renamed as the Ministry of Ports, Shipping and Waterways, in line with how...
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Maritime Market Update: Shipping Industry Under Biden

Risavika LNG front month has dropped 0.5 % week on week to 23.95 EUR/MWh. Gas supply to European gas markets...
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Portall Infosystems To Collaborate With Cloud-Based Freight Forwarding Answer Boxnbiz

Portall Infosystems, which runs the federal government’s Port Group System referred to as PCS1x, will collaborate with BoxnBiz, a cloud-based...
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