CMA CGM Starts SEAPRIORITY Express Service from China To US

CMA CGM is pleased to announce the launch of SEAPRIORITY Express (SEA-X) service. Best-in-class transit from Yantian to Los Angeles in just 12 days, exclusive to...

A Mysterious Shipwreck Dates Back To 1800s

A mysterious shipwreck that may date back to the 1800s has emerged from the sands of a northern Florida beach. Dune erosion caused...

Ship Exhaust Emissions are A Major Cause of Worry, Say Scientists

Emissions from ship exhausts can have a major impact on air pollution, weather and climate. Until relatively recently these have been largely unregulated,...

Elon Musk’s SpaceX Halts Services Amid Beta Testing Plans

SpaceX will continue beta testing its satellite-based broadband service Starlink into next year indicating commercial service would not likely be offered in 2020 as...

Engineering Firm Fined $11m for Unfair Market Practices

Antitrust regulator has fined a French engineering company 12.5 billion won (US$11 million) for its unfair tie-in sales to South Korean shipbuilding clients. ...

66 Vessels, 5.7MT Coal, 1000 Seafarers Stranded by China Ban

The 5.7 million tons of coal is worth more than $500 million. An estimated 1,000 seafarers are manning the bulk carriers. A total...

CMA CGM Profitability Drives Up Amid Stronger Q3 Demand

CMA CGM has joined its liner peers in posting a huge profit for the third quarter of  $567m. Carryings on CMA CGM vessels...

Pacific International Lines Losses Double in 2020

Pacific International Lines (PIL) remains in the red, with a net loss that nearly doubled to US$120 million for the first half of...

PTE Ltd Orders Three New LPG Carriers For Construction

Petredec Holdings (Eastern) PTE Ltd has announced the signing of a contract for the construction of 3+3 × 93,000 cbm LPG carriers at Jiangnan...

Workshop on GPS Jamming & Spoofing in Maritime Environment

DOT, through the Office of the Assistant Secretary for Research and Technology (OST-R) and the Maritime Administration (MARAD), will host a workshop on Global...

Container Shortage Makes Carrier Prices Only Valid for a Week

Vessel Shortages expected through Lunar New Year Freight rates doubled in major Asian routes.  Asian polymers hit by delays, price rises Maersk's Taiwan-India...

Cargo Demand Rose As Maersk Rolls Out 1 in 3 Shipments

According to a Supply Chain Dive article written by Matt Leonard cargo rollovers have risen just in time for Maersk new rolls.  The rate...

CDC Asks People To Avoid All Types of Cruises

In a major development, CDC has recommended that all people avoid travel on cruise ships, including river cruises, worldwide, because the risk of COVID-19...

A Tribute To Diego Maradona

Diego Maradona has died at the age of 60 after suffering a heart attack - just two weeks after he was released from...

Dr. Vis Blog 7 – Thanksgiving and Gratitude

Thanksgiving is easily the most beautiful festival observed in North America. What a noble thought to thank each other, practice acts of kindness and...

Oil Tanker Under Attack In The Red Sea

An oil tanker came under attack while at a Saudi Arabian terminal in the Red Sea about 125 miles north of the country’s border...

Suez Canal Offers Discount in Tolls for VLCCs from Europe

With tanker rates looking dire for the winter and beyond, the Suez Canal Authority has taken the decision to slash tolls for laden...

China Rebuffs Musk’s Idea & Goes Ahead With Hydrogen Fuel Cells

Elon Musk has spent years mocking the idea of using hydrogen fuel cells rather than electric batteries to power next-generation green vehicles. “Fuel...

[Watch] Maersk To Launch a $1.6B Buyback Program

 A.P. Moller-Maersk A/S Chief Executive Officer Soren Skou discusses container volumes and freight rates after the world’s biggest container shipping company said its finances...

US To Impose Strict Measures On Cyber Risk Management

United States requires all ships, U.S. flagged ships and foreign flagged ships that call on ports in the U.S, to ensure proper addressing of...