The prospect of a large scale return of container ships to the Red Sea following the announcement of a ceasefire between the US and Houthi militia in Yemen would flood the market with shipping capacity and cause a global collapse in freight rates, but the situation remains far from certain.Data released by Xeneta, an ocean and air freight intelligence platform, shows global TEU-mile demand would decrease…
Egypt's Suez Canal will offer a 15% discount on transit fees for container ships with net tonnage of at least 130,000 metric tons, to encourage trade back now the security situation has eased and help ships offset rising insurance costs, its authorities said on Tuesday…
The CMA CGM Group welcomed the arrival of the first Indian flagged containership registered by a major foreign carrier, CMA CGM Vitoria, at Nhava Sheva Free port Terminal on April 28, 2025, in the presence of Honourable Minister of State for Ministry of Ports…
The CMA CGM Iron became the first dual-fuel methanol container vessel sailing to Abu Dhabi.The CMA CGM ship built by Hyundai Samho Heavy Industries of Korea is a dual-fuel vessel able to run both on conventional and alternative fuels such as bio-methanol and e-methanol…
Seaspan Energy (Seaspan) reports that it has successfully completed Canada’s first ship-to-ship LNG bunkering for a containership in the Port of Vancouver, which took place in English Bay on March 9, 2025.The ship-to-ship LNG bunkering was performed by the Seaspan Garibaldi…
German container line operator Hapag-Lloyd has implemented Shipshave’s In Transit Cleaning of Hull (ITCH) solution for proactive fouling removal on two of its container ships, achieving significant fuel savings and emissions reduction results…
CMA CGM Group and circular waste management company SUEZ have signed a memorandum of understanding (MoU) to establish a long-term industrial partnership on biomethane, a renewable fuel produced through waste recovery, to help decarbonise shipping in Europe…
A Russian ballistic missile attack on Wednesday on the port infrastructure of Ukraine's southern Odesa region killed six people and injured eight, Odesa Regional Governor Oleh Kiper said.The injured were all Ukrainian nationals, Kiper wrote on the Telegram messaging app…
X-Press Feeders has signed of a memorandum of understanding (MOU) with six European ports: Port of Antwerp Bruges (Belgium), Port of Tallinn (Estonia), Port of Helsinki (Finland), Port of HaminaKotka (Finland), Freeport of Riga (Latvia) and Klaipeda Port (Lithuania)…
ClassNK has granted its SCCS-Full class notation to Evergreen’s Neopanamax container vessel Ever Top.Short for Shipboard Carbon dioxide Capture and Storage-Full, the SCCS-Full notation signifies that the vessel is now equipped with onboard CO2 capture and storage (CCS) systems…
Global container ship fleet is showing its age, reaching highest average age on record of 14.2 years.“Container ships have reached their highest average age yet at 14.2 years, the highest average age of the three main shipping sectors. The dry bulk fleet has an average age of 11…
APM Terminals, a subsidiary of Danish shipping company Maersk, plans to double its capacity at Rotterdam Port, a spokesperson for the company said on Tuesday. APM, one of the largest operators at the port, currently operates a one-kilometer…
South Korea's Samsung Heavy Industries shipyard hosted a naming ceremony for the 15,000 TEU LNG dual-fuel vessel Zim Sammy Ofer.The Zim Sammy Ofer is the first of 10 vessel ordered in a long-term chartering agreement between ZIM and Seaspan Corporation…
Shipping giant A.P. Moller-Maersk said on Monday it had appointed Vincent Clerc, who has been with the firm for 25 years, to replace Soren Skou as Chief Executive Officer as of Jan 1. Company veteran Clerc, who currently heads the company's Ocean & Logistics business…
A.P. Moller - Maersk will equip its fleet with the HydroPen firefighting system from Viking Life-Saving Equipment.With fires inside containers on fully laden containerships remaining a major security risk for the industry, A.P. Moller - Maersk has opted to adopt HydroPen…
