Car Carrier Catches Fire in the Eastern Pacific: Engine Room Fire on China-South America Route, 22 Crew Members Rescued After Abandoning Vessel
A car carrier operated by COSCO Shipping Specialized Carriers caught fire in the eastern Pacific while sailing from Tianjin, China
Seaspan Enters China's Capital Market with RMB 1.5 Billion Debut Panda Bond, Opening a New Financing Channel for International Shipowners
The ownership and financing structure behind global shipping capacity is changing. Major liner operators such as MSC and Maersk ma
MSC SILVANA VIII Remains in Distress After Grounding Near Zhoushan as Hull Continues to Sink
The 8,401 TEU container ship MSC SILVANA VIII remains in distress after grounding in waters off Zhoushan, Zhejiang. The vessel has
Houthi Attack on Mokha Port Extends Red Sea Risks From Vessels to Port Infrastructure
Security risks in the Red Sea have expanded beyond attacks on vessels. On August 9, local time, Houthi forces launched drones and
DP World Restructures European Operations, Cutting 300 Roles as Several Senior Executives Depart
DP World has begun a restructuring of its European operations, according to The Loadstar. The adjustment includes both workforce r
Maersk Continues Portfolio Streamlining With Sale of Maersk Training After More Than 40 Years
Global shipping and logistics group Maersk is continuing to optimize its business portfolio. On August 7, 2026, Maersk announced t
