While continuing Houthi attacks are having a devastating effect on Suez Canal containership traffic, natural forces, namely drought conditions, are taking their toll on container traffic through another vital maritime artery. Maersk
The U.S. Navy and the U.K. Royal Navy have shot down a barrage of Houthi missile and drone attacks launched towards international shipping lanes in the Red Sea by Houthis this morning,
Maersk Tankers has acquired Southport, Conn., headquartered Penfield Marine. Founded in 2012 by Tim Brennan and Eric Haughn, Penfield describes itself as “a boutique commercial management company operating tankers around the world
Stena RoRo has ordered what will be the first of its E-Flexer RoPax vessels to operate in the Mediterranean region. Set for delivery from Chinese shipbuilder CMI Jinling (Weihai) in the first
North Vancouver, B.C., based Seaspan Energy is celebrating the new year with the launch of the first of three 7,600 cubic meter LNG bunkering vessels, the Seaspan Garibaldi, named after Mount Garibaldi,
Yara International subsidiary Yara Clean Ammonia has signed a three-year time charter contract with Tokyo-headquartered Mitsui O.S.K. Lines, Ltd. (MOL) for the 2010-built, 34,500 cubic meter ammonia carrier Green Pioneer. The vessel
The European Community Shipowners Association (ECSA) has appointed its first female president. Karin Orsel stepped into the role for a two-year term on January 1, succeeding Philippos Philis on the conclusion of
Yesterday saw growing international concern over the situation in the Red Sea as Houthi attacks on merchant ships caused more vessels to avoid the area and sent ocean freight rates soaring. While
The world’s largest shipping association, Copenhagen-headquartered BIMCO, has appointed its director of contracts & support, Stinne Taiger Ivø, as deputy secretary general, effective January 1, 2024. She succeeds Søren Larsen, who will
Inchcape Shipping Services, a portfolio company of private equity fund Epiris, reports that it has taken a majority share in Leth Suez Transit Ltd AS (Leth). Leth, with roots that go back