Shipping

Maersk reroutes Red Sea container ships back to Suez Canal

Denmark's Maersk said on Thursday it has rerouted four out of five container vessels that were stuck in the Red Sea back towards the Suez Canal and the long journey around Africa…

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UN ship agency adopts tougher resolution to tackle illicit ‘shadow’ fleet

By Jonathan Saul LONDON, (Reuters) - The United Nations' shipping agency adopted a resolution targeting illicit shipping practices from the so-called unregulated "shadow fleet" in an effort to clamp down…

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Maersk to cut 10,000 jobs, sees weaker profit as shipping demand wanes

Shipping group A.P. Moller-Maersk on Friday reported a steep drop in profit and revenue in the third-quarter, and said it would cut 10,000 jobs as it battles with lower freight…

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UN ship agency chief urges decisive action at environment talks

Countries must take decisive action at talks aimed at accelerating decarbonisation in the shipping industry, the United Nations' shipping agency chief said on Monday, as pressure for change builds. Shipping,…

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Ships, planes search for sub that went missing on trip to Titanic wreckage

U.S. and Canadian ships and planes searched on Monday for a submarine that went missing more than a day earlier off the coast of southeastern Canada while taking tourists to…

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Dozens of LNG-laden ships queue off Europe’s coasts unable to unload

Dozens of ships carrying liquefied natural gas (LNG) circling off the coasts of Spain unable to secure slots to unload have prompted grid operators for the country to warn they…

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A Maritime Court is necessary and consistent with the Country’s Aspirations to remain a Centre of Excellence – the Malta Maritime Forum

The Malta Maritime Forum has expressed support to a call made by Chief Justice Mark Chetcuti for the exclusive jurisdiction of the Civil Court (Commercial Section) to be extended to cover…

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Sky-high cost of ageing ships sounds inflation SOS

Shipping companies are transforming rust buckets into gold mines in a modern-day alchemy that could fuel already rampant inflation for years to come. The disruption to world trade caused by pandemic lockdowns…

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Ship insurance claims to rise as Black Sea remains high risk area

Global insurers are expected to receive multiple marine insurance claims from ships damaged or lost as the conflict in Ukraine spills over into sea lanes, insurer Allianz Global Corporate &…

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European Parliament says shipping industry must contribute to climate neutrality

The European Parliament has voted to include CO2 emissions from the maritime sector in the EU Emissions Trading System. MEPs largely agreed that reporting obligations by the EU and the…

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Ocean shipping shrinks as pandemic pummels retailers

The $1 trillion container shipping industry is in a slowdown. Literally. Some shipping lines, whose retail customers are being hammered by the coronavirus pandemic, are reducing sailing speeds and taking…

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Maersk sees drop in global container demand this year

Shipping group A.P. Moller-Maersk on Wednesday warned of a sharp drop in global container volumes due to the coronavirus pandemic, sending its shares down sharply. The coronavirus epidemic has thrown…

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Predictions cruise holiday business may never recover from coronavirus

Some travel industry experts fear the cruise holiday business may never recover from coronavirus and shares in cruise companies have collapsed. Governments across the world have banned new cruises setting…

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Royal Caribbean, NCL, Costa Cruises suspend operations due to coronavirus pandemic

Royal Caribbean Cruises and Norwegian Cruise Lines are both suspending all cruises for the next 30 days. The decision comes as officials recommend people forgo taking cruises during the coronavirus…

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Costa suspends all Mediterranean cruises till April 3

Costa Crociere has decided to suspend all Mediterranean cruises until April 3 following new measures introduced by the Italian government to contain the spread of coronavirus, the company said in…

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Cruise ships seek safe harbour as coronavirus spreads

Cruise ships are looking for safe harbour on four continents amid fears they are spreading the new coronavirus that has infected more than 100,000 people worldwide. As the outbreak has…

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Kuwait bans cruise ships from coronavirus-infected countries

Kuwait has barred foreign ships, except those carrying oil, from departing to or arriving from several countries to prevent the spread of the coronavirus, according to a notice seen by…

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Innovative new Freeports across the UK as Government lays out plans to boost economy

Up to ten new innovative Freeports will be opened across the UK as the Government seeks to level up the country and seize on the opportunities leaving the EU has…

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Cruise ships to temporarily ban Chinese crew and passengers

Cruise lines worldwide will deny boarding to passengers and crew who have recently travelled to China, a global industry body said on Monday (Feb 3), as fears grow over the…

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A.P. Moller – Maersk announces new Executive Board to accelerate strategy execution

A.P. Moller - Maersk takes the next steps towards a more integrated company and changes the structure of its Executive Board by appointing Vincent Clerc as CEO of Ocean and…

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European Commission approves maritime transport support schemes in Cyprus, Denmark, Estonia, Poland and Sweden

The European Commission has approved under EU State aid rules five schemes to support maritime transport in Cyprus, Denmark, Estonia, Poland and Sweden. The schemes encourage ship registration in…

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Pirates capture crew members of Hong Kong-flagged tanker

A Hong Kong-registered crude oil tanker was attacked, and its sailors kidnapped by pirates off the coast of Nigeria in the early hours of Wednesday, the South China Morning Post…

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Maersk to lay off staff as part of cost cutting

Danish shipping group Maersk said on Thursday it would lay off staff at its main offices in Denmark and in other countries. The company said it did not know yet…

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Cargo ship full of sheep overturns off Romanian coast in the Black Sea

A handout photo made available by the ISU Constanta on 25 November 2019 shows The wreckage of the Queen Hind sheep is seen in the Black Sea waters from the…

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UK lowers security level for its ships in Strait of Hormuz

Britain lowered its security risk level for UK-flagged ships traveling through the Strait of Hormuz on Thursday, more than a month after one of its tankers was finally released from…

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Ship passengers protest after missing stops on ‘Norwegian Spirit’ cruise

Cruise passengers upset about being forced to miss several scheduled stops in Europe erupted in protest aboard the Norwegian Spirit cruise ship. Protests broke out earlier this week in the…

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British-flagged ‘Stena Impero’ en route to Dubai

A handout photo made available by the British Ministry of Defence (MOD) shows the MV Stena Impero vessel (background), sailing from Bandar Abbas, Iran, en route to Dubai after being…

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Ports across England given £10 million to prepare for Brexit

Sixteen ports across England will receive a share of a multimillion-pound funding pot to help their preparations for Brexit on 31 October, Transport Secretary Grant Shapps announced. The Department for…

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3.9 billion tonnes of seaborne goods handled by EU

In 2017, the total gross weight of goods handled in European Union ports (inward and outward) was estimated to be almost 4.0 billion tonnes. Compared to 2016, this represents an…

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UK tanker Stena Impero release imminent

Stena Impero, the British-flagged tanker detained by Iran on July 19, will be released soon, an Iranian maritime official. The Stena Impero was detained by Iran’s Revolutionary Guards in the…

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Boris Johnson pledges to bring shipbuilding back to the UK

Thousands of jobs in the British shipping industry will be created over the next decade, the Prime Minister Boris Johnson will announce on Thursday, as he pledges to bring shipbuilding…

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Cargo ship capsizes off the coast of Georgia in the US

Handout photos made available by the US Coast Guard showing a general view of a disabled cargo vessel with a fire on board in St. Simons Sound, Georgia, USA. The…

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Britain at risk of losing leading edge in maritime services

Britain’s position as a top hub for maritime services is being eroded by competition, a loss of shipping finance business and the removal of tycoon-friendly tax breaks, a report said,…

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Photo Story: Ferry boat runs aground in Denia, Spain

The Balearia company's ferry, Pinar Del Rio, in Denia, Alicante, Spain 17 August 2019 after it ran aground on the breakwater of the port in Denia. A total of 393…

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Crew from German and Greek ships kidnapped by pirates off Cameroon

Pirates have kidnapped eight crew members of a German-owned ship, the MarMalaita, in a raid on the vessel off Douala, off the coast of Cameroon as well from a Greek…

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Large cruise ships banned from the historic centre of Venice

The Italian government has announced that large cruise ships will be banned from entering Venice's historic centre. Ships weighing more than 1,000 tonnes will be rerouted away from certain waterways…

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U.S. tells commercial vessels to send Gulf transit plans in advance

The U.S. Maritime Administration (MARAD), the U.S. maritime agency, has issued an advisory telling U.S.-flagged commercial vessel they must send transit plans in advance to American and British naval authorities…

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Venice asks other ports to help find solution to cruise ship problems

Venice has appealed to the main European cruise ship destinations, from Amsterdam to Barcelona, Dubrovnik and Marseille, to unite in tackling the dangers and environmental impact of big cruise liners.…

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Kuwait moves to protect its ports

Kuwait’s navy and ports authority will prepare security plans to protect the key OPEC exporter’s ports, state news agency KUNA reported, amid heightened tensions between Iran and the West. A joint cooperation protocol was…

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Moller-Maersk alters its route through the Strait of Hormuz

The world’s largest shipping firm, A.P. Moller-Maersk, has changed the route of its ships that were sailing through the world’s busiest transit lane, the Strait of Hormuz. This applies for…

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