Latvian authorities confirmed they are investigating damage to a subsea optical cable that happened at the end of last week in the Baltic. The authorities suspect a vessel might have been involved.
The rapid rise of China’s Hengli Heavy Industry into one of the leading global shipbuilders took a new step with an event on January 4, which the company claims as an industry first. The shipyard launched four 306,000 dwt very large crude carriers (VLCC) simultaneously.
The estate of former retailer Bed, Bath & Beyond continues its efforts to blame the shipping industry and the problems moving containers during and after the COVID pandemic as a contributing factor in its collapse. Last week,
The shipping market is entering a new structural phase shaped not by its usual cycles but by a vessel’s environmental performance and its ability to prove it. The industry’s direction of travel is clear
Greek owner Minerva Marine has topped up its container newbuilding programme, placing orders for two more 3,100 teu ships at Penglai Jinglu Shipyard in China.
Ro/Ro Shipping Analysis 2026 – Operators, Fleets, Trades
Shanghai-listed Jinjiang Shipping has moved to grow its container fleet, unveiling plans to invest up to RMB 1.94bn (about $270m) in a series of bangkokmax newbuildings.
Cosco Shipping Specialised Carriers has moved to grow its heavylift fleet, placing an order for four multipurpose vessels at CSSC’s Chengxi Shipyard as demand from the wind power sector continues to build.
Owners and masters need to know about the new regulations for the mandatory reporting of containers lost at sea, which started on January 1, according to experts at P&I, marine and energy insurance Gard.
The United States confirmed that Venezuelan president Nicolás Maduro is now in U.S. custody following a military operation inside Venezuela.
