LATEST ARTICLES

U.S. Weighs Additional Coast Guard Assets to Intercept Fleeing Tanker

The United States is considering deploying additional Coast Guard resources to intercept and seize an oil tanker that has been attempting to evade boarding by U.S. authorities in Caribbean waters, reports Reuters. The tanker has...

INTERMODAL: Newbuilding Market Holds Firm as Owners Place Strategic Orders

The latest Intermodal Weekly Market Report for Week 51 of 2025 shows that newbuilding activity remained robust in late December, with a broad mix of orders placed across containership, tanker and bulk segments, indicating...

MOL 2025 Safety Drive: Delivering the World’s Highest Safety and Quality

Mitsui O.S.K. Lines, Ltd. has announced that it held the MOL Safety Campaign from September to November 2025. MOL Safety Campaign "MOL Safety Campaign" is an annual initiative that involves discussions between crew members serving on...

Drewry’s World Container Index Ticks Up to $2,213 per 40ft Box

Drewry’s World Container Index increased 1% to $2,213 per 40ft container this week. Detailed assessment for Thursday, 25 Dec 2025 The Drewry World Container Index (WCI) rose 1% to $2,213 per 40ft container, marking the...

Lessons Learned: Stowaways in the Steering Gear Trunk

In its recently released casebook containing safety lessons learned from maritime incidents, the Swedish Club describes a case of stowaways found in the steering gear trunk. The incident A container vessel had departed from Lagos and...

Hafnia Acquires 13.97% of TORM’s Issued Share Capital

Hafnia Limited has completed its acquisition of approximately 14.1 million A shares in TORM plc, following the fulfilment of all conditions precedent under a previously announced share purchase agreement with Oaktree Capital Management, L.P....

NGO Shipbreaking Platform Calls on EU to Tighten Ship Recycling Standards

Indian Beaching Yards Remain Excluded From EU Recycling List. Safety and Environmental Concerns Persist at EU-Approved Facilities. Call for Greater EU Investment in Green Ship Recycling Capacity. The NGO Shipbreaking Platform is calling on...

Port of Oakland Handles 174,239 TEUs in November as Export Volumes Strengthen

The Port of Oakland moved 174,239 twenty-foot equivalent units (TEUs) in November 2025. Overall volumes declined compared with last year and the previous month. However, export performance remained a clear bright spot. Total container traffic...

US Highlights Maritime Partnership With Greece at Amver Awards in Athens

Record Number of Greek Vessels Join US Coast Guard Programme. Ambassador Calls Amver a Floating Neighbourhood Watch System. Greek Ships Honoured for 2025 Rescue Operations. The US emphasised the significance of its maritime partnership...

Russian Crude Builds Up at Sea as Asian Ports Face Tanker Congestion

Russian crude exports have climbed to their strongest levels in more than two years. However, port congestion across Asia has slowed deliveries. As a result, a growing volume of oil now sits offshore on...