Russia Oil Tankers Are Doing Strange Things Since Ramp Up of US Sanctions January 8, 2024 By Sherry Su and Julian Lee There are growing signs that Russia’s oil flows might be facing disruption in the aftermath of a ramp up in...
Global Shipping Firms Continue to Pause Red Sea Shipments After Weekend Attack January 3, 2024 By Terje Solsvik and Vera Eckert Denmark’s Maersk and German rival Hapag-Lloyd said on Tuesday their container ships would continue to avoid the Red Sea route...
Lithium-Ion Battery Fire Extinguished on Ship off Alaska After Several Days of Burning January 2, 2024 After lithium-ion batteries burned in a large cargo ship`s hold for a number of days, the U.S. Coast Guard said...
Hapag-Lloyd, Japanese Shipping Firms Continue to Re-route From Suez Canal December 29, 2023 Hapag-Lloyd will continue to divert its vessels around the Suez Canal for security reasons, a spokesperson for the German container...
Bulk Carrier Hits Mine in Black Sea, 2 People Injured, Ukraine Says December 28, 2023 A Panama-flagged bulk carrier that was headed to a River Danube port to load grain hit a Russian mine in...
Half of Red Sea Container-Ship Fleet Avoids Route on Threat of Attacks December 28, 2023 By Brendan Murray and Alex Longley Half of the container-ship fleet that regularly transits the Red Sea and Suez Canal is avoiding the route now because...
Gas Tanker’s Detour of 8,000 Kilometers Highlights Shipping’s Current Chokepoints December 27, 2023 By Elizabeth Low A gas tanker’s long, circuitous journey is highlighting the toll that war and climate change are taking on the shipping...
Shipping Costs Soar as War and Climate Risks Choke Key Waterways December 21, 2023 By Sharon Cho, Elizabeth Low and Serene Cheong Global shippers of crude and fuels are grappling with a spike in booking costs for some tankers taking lengthy diversions...
Yemen’s Houthis Vow More Attacks on Ships in Red Sea Despite US Naval Force December 21, 2023 By Henry Meyer and Omar Tamo Yemen’s Houthi rebels vowed to continue targeting ships in the Red Sea despite a US move to compile an international...
Shipping Insurance for Red Sea Transit Soars After Mounting Houthi Attacks December 20, 2023 By Alex Longley, Ruth Liao and Yongchang Chin The cost of insuring vessels that will transit the Red Sea jumped again this week after mounting attacks in the...