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Samsung Files $186M Claim Against CMA CGM Over "Unlawful" Charges

Samsung Files $186M Claim Against CMA CGM Over "Unlawful" Charges

Consumer goods giant Samsung Electronics has filed a $186 million claim against CMA CGM over allegedly excessive charges during the pandemic era, when controversial billing policies were commonplace....

Container Fleet Smashes 34M TEU Record as Fleet Growth Accelerates

Container Fleet Smashes 34M TEU Record as Fleet Growth Accelerates

Growth in the container segment of the shipping industry has been making headlines for a long time, but it just smashed through a record. Surpassing the 34 million TEU mark, trade group BIMCO says the...

Turkish Companies Suspend Shipping to Russia Citing Increased Dangers

Turkish Companies Suspend Shipping to Russia Citing Increased Dangers

Two of Turkey’s leading shipping companies, Akkon Lines and Arka, have suspended their services to all Russian ports, citing the increased dangers. The move comes after the Turkish-owned containership...

ClassNK Issues Revised 'Guidelines for Ships Using Alternative Fuels'

ClassNK Issues Revised 'Guidelines for Ships Using Alternative Fuels'

[By ClassNK] ClassNK has revised the safety requirements for ships using methanol/ethanol and hydrogen as fuel within the ‘Guidelines for Ships Using Alternative Fuels (Edition 3.1).’ In Part D,...

MSC Suspends Novorossiysk Container Service as Attacks Continue

MSC Suspends Novorossiysk Container Service as Attacks Continue

With attacks in the Black Sea having widened to container shipping, MSC has reportedly suspended bookings for the port of Novorossiysk, Russia. Bloomberg saw a customer alert and received confirmation...

Port Congestion Sets New Record at 4.3M TEU in Stranded Volume

Port Congestion Sets New Record at 4.3M TEU in Stranded Volume

The volume of container capacity stranded due to port congestion has reached a new record high, reports the analytics firm Linerlytica. Mounting delays in China and Asia and persistent delays in Europ...

MSC Follows Other Container Carriers in Return to Suez Canal and Red Sea

MSC Follows Other Container Carriers in Return to Suez Canal and Red Sea

MSC Mediterranean Shipping Company confirmed in an operational announcement to customers that it has started a resumption of service in the Red Sea and is transiting the Suez Canal for its East-West s...

Two of Maersk’s Largest Containerships Transit Suez Canal

Two of Maersk’s Largest Containerships Transit Suez Canal

Two of Maersk’s largest containerships made the transit together on Saturday, August 22, through the Suez Canal. It is part of the carrier’s continuing efforts to restore vessels to the Suez Canal – R...

Raising the Bar on Ultra-Luxury Cruising

Raising the Bar on Ultra-Luxury Cruising

Ultra-luxury cruising – the butler service, concierge, all-suite segment – has already become one of the fastest-growing elements of cruising, but a further element of competition is driving the stand...

Norwegian Cruise Line Holdings is Pursuing Fleet Modernization

Norwegian Cruise Line Holdings is Pursuing Fleet Modernization

Norwegian Cruise Line Holdings, the public parent company of Norwegian, Oceania, and Regent Seven Seas, is moving forward with a unique fleet modernization program that includes one of the industry’s...