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.

Iran’s launch of 300 drones and missiles aimed at Israeli targets in the early hours of Sunday has led to a sharp rise in energy-related geopolitical risk and an expected spike in oil prices.

The US and UK have called for the immediate release of the container ship MSC Aries seized by Iran.

Iranian forces have taken control of a 15,000 teu container ship in the Strait of Hormuz and diverted it to Iran.

Somali pirates have demonstrated the ability to target vessels up to 1,000 nm from shore, IMB warned in its latest update to piracy figures.

Hambantota International Port (HIP) in Sri Lanka has started container operations with a call by MSC.

ZIM has overtaken Yang Ming in terms of operated container ship capacity to become the ninth largest carrier.

Carrier schedule reliability improved in February as the situation with rerouting from the Red Sea to avoid Houthi rebel attacks normalised.

Fledgling Saudi container line Folk Maritime has celebrated the departure of its first vessel from Jeddah.