Latest news and insights from maritime transport.
Suderman & Young Towing is expanding in its core markets and modernising its fleet with low-emissions, newbuild harbour tugs as it prepares for the opening of new port terminals in the US. The Houston-headquartered o…
South Korean shipping major HMM has committed approximately 1.61 billion dollars to expanding its container vessel fleet, combining orders for large newbuildings with acquisitions of feeders under construction. In a stoc…
Greek shipowner Chemnav Shipmanagement has re-entered the Suezmax tanker market with a newbuilding order in China. Shipbroking sources have linked the company to an order for two 158,000-dwt vessels at Penglai Zhongbai J…
Container ship transits through the Suez Canal have recovered significantly from their post-disruption lows, with analysts expecting a full return to the route early next year. Weekly container ship capacity transiting t…
Attacks in the Strait of Hormuz have continued to mount, with several ships linked to the United Arab Emirates targeted in a series of strikes on 13 and 14 October. UAE-operated container ship GFS Pride has reportedly su…
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