Growth in the container segment of the shipping industry has been making headlines for a long time, but it just smashed through a record. Surpassing the 34 million TEU mark, trade group BIMCO says the growth has accelerated and is…
A newly completed Ro-Ro vessel suffered an onboard fire while en route to Europe on her delivery voyage on Wednesday, September 2.Skipanes, which was formally handed over to Faroe Islands-based shipping company Smyril near the end of August, was some…
China's Guangzhou Shipyard International (GSI) has been awarded a contract for the construction of ten new pure car and truck carriers (PCTCs) in a series. The contract has a total value of approximately US$1 billion.
Energy trade routes that optimise distance and costs may no longer be suitable for the fractured and fractious modern world, especially for major importers.Ongoing tensions involving Iran are pushing major oil importers to develop alternative supply routes, which increasingly bypass…
A new project focusing on the challenges of developing a so-called “pink corridor” for nuclear-powered transatlantic container shipping is taking shape. It will be led by Lloyd’s Register and A.P.
Jordan's Aqaba port has seen a surge in transit cargo as the US-Iran conflict has largely shut down commercial traffic through the Strait of Hormuz, according to officials at the port and terminal data.Before US and Israeli strikes on Iran…
