ZIM unveils significant Growth in Vessel Size
ZIM has made substantial strides in increasing its average vessel size, closing the gap with other top 10 carriers,…
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Container mega alliances with 10% blank sailings in Asia-Europe trade
Average vessel size at 14,150 teu, thus, 509,400 slots are needed, accounting for 9.6% of the total capacity…
Iran seizes MSC-operated 15,000 teu vessel
Iran's Revolutionary Guard Corps (IRGC) recently seized a containership, the MSC ARIES, operated by the…
Bulk Carrier sunk by Yemen’s Houthies
Yemen's Houthis launched a fatal attack on a Barbados-flagged dry bulk carrier in the Gulf of Aden, resulting in…
Potential Vessel Overcapacity Looms Amid Red Sea Crisis
Potential Vessel Overcapacity Looms Amid Red Sea Crisis, despite some carriers welcoming new additions to their…
COSCO launches 700 TEU electric container vessel for Yangze voyages
According to sources, COSCO Shipping Development recently revealed the debut of a 700 teu electric container ship…
Port Congestion: Fewer Ships Waiting, But Huge Delays Remain
Vessel delays remain a significant problem in the Asia - North Europe and China - California trades.
Oil production vessel explodes in Nigeria
An oil production vessel exploded off the coast of Nigeria early on Wednesday with 10 crew members on board.
VIDEO: SL Star ship capsizes and sinks
The MV SL Star, a Comoros-flagged general cargo vessel capsizes and sinks while berthed in Shahid Rajaei Port in…