Merchant Ships Collide in Turkiye's Sea of Marmara: One Cargo Ship Sinks, 10 Crew Members Missing
Two Turkish-flagged merchant ships collided near Silivri in the Sea of Marmara early on September 2 local time. One of the vessels
Around 5,000 Containers Affected Daily at Mundra Port as Carriers Issue Advisories
Empty container operations at India’s Mundra Port have been disrupted following the suspension of services at off-port empty conta
Container Ship Charter Rates Diverge as Maersk, CMA CGM and Hapag-Lloyd Remain Active in the Charter Market
The container ship charter market has remained active in recent weeks, with Maersk, CMA CGM, and Hapag-Lloyd all securing new char
Akkon Suspends Calls at All Russian Ports as Novorossiysk Services Face Further Disruption
Turkish container carrier Akkon Lines has further scaled back its Russian services. On August 27, local time, the company informed
VLCC Rates Surge More Than Tenfold as Saudi Arabia-China Earnings Near USD 650,000 per Day
The global VLCC market has recently seen an unusual surge. Baltic Exchange data show that as of August 28, daily earnings on the S
Crane Lifting Accident at Mumbai Port Causes Collision and Fire, Injuring Two
A crane lifting accident occurred at Indira Dock in Mumbai Port, India, on the evening of August 30, local time. A mobile crane be
