Spot container freight rates from Asia – Europe have more than doubled over the last two weeks as lines divert via the Cape of Good Hope to avoid attacks in the Red Sea.

AD Ports Noatum Terminals, the terminals operations business of Noatum Group, has acquired 100% ownership of APM Terminals Castellón in Spain for $110 million.

The Chinese port of Shanghai maintained the title as the world’s busiest container port in 2023 with a 3.6% increase in volumes.

The hostilities in the Red Sea will likely be igniting other battles, albeit of a commercial rather than military nature, as container lines seek hefty rate increases and file urgent requests with US regulators.

As the Isle of Man registry celebrates the Berge Olympus as the most powerful sailing ship in the world the focus on wind power could swing the maritime industry behind a technological renaissance.

Mental Health Support Solutions (MHSS) is offering pro bono critical mental health support to vessels in the Red Sea and Gulf of Aden high risk areas.

Twelve nations have warned the Houthis against further attacks in the Red Sea on the day the UN Security Council met to discuss the situation.

Empire Offshore Wind, a joint venture between Norwegian state company, Equinor, and energy major bp, have pulled out of a wind farm contract at Seatrium valued at more than $250 million.

We’ve all heard of copy watches and fake designer handbags, but it seems counterfeiting even extends to ship’s pilot ladders.