The Yemini military has released dramatic video footage of the hijack on Sunday of the car carrier Galaxy Leader.

The bottom line revealed in a set of ‘Key recommendations for the 2024 ocean market’ from Flexport’s Ocean Market Predictions for 2024 webinar is for cargo shippers to take a posture of flexibility.

Vietnam’s Long An International Port, located 35 km from Ho Chi Minh City, and the Port of Long Beach have signed a letter of intent to establish a sister port relationship.

Container line MSC is to install a carbon capture and utilisation system (CCUS) from Zhejiang Energy Marine Environmental Technology (ZEME) on a 24,000 teu vessel which will sequestrate around 40% of carbon emissions from its exhaust.

Newly merged P&I Club, NorthStandard, intends to apply a general increase in premiums of 5% for the policy year beginning in February 2024.

Yemeni Houthi rebels have seized a vessel managed by Ray Car Carriers in the Red Sea, an act condemned by Israel as "Iranian terrorism".

Kyutai, the first European private-initiative laboratory dedicated to open research in artificial intelligence, was launched in Paris by its three co-founders, Xavier Niel, Rodolphe Saadé and Eric Schmidt.

Newbuilding demand at Chinese shipbuilders has continued apace this year with the volume of newbuilding orders up 76.7% in the first nine months of 2023.

Australian authorities have banned a third Briese Heavylift vessel from the country’s waters in the space of this year.

Owners of EU-flagged ships will now be able to dispose of vessels for recycling at demolition yards on the Indian subcontinent provided that they meet European Union Ship Recycling Regulation (EU SRR) criteria.