Grace Ocean the Singapore-based owners of the Maersk chartered Dali, which ran into Baltimore’s Francis Key Bridge killing six workers and demolishing the crossing, declared general average on Saturday.
Big name shippers have tens of millions of dollars worth of cargo stuck onboard the container ship MSC Aries seized by Iranian forces on 13 April, according to data from Vizion.
The Indian Register of Shipping has recruited a new Chief Technology Officer (CTO) responsible for accelerating its digitalisation initiatives.
Orient Overseas Container Line (OOCL) reports total revenues were down 9.0% to $1.98 billion for the first quarter ended 31 March 2024, as compared to the same period in 2023.
“IMO is not slow”, was the reply of Secretary-General Arsenio Dominguez when asked to respond to those impatient with its pace on regulation for decarbonisation of shipping.
Singapore is setting up a training facility for the handling of new fuels with 23 partners from across the international industry.
Dutch towage and maritime company KOTUG International has signed an agreement with Padmos build a series of electric tugs.