Containers
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Six still missing after Baltimore bridge collapse
Rescuers are searching the Patapsco river for six missing people after the Maersk-chartered boxship Dali lost power and crashed into a Baltimore bridge. All crew members, including two river pilots, have been accounted for and no pollution reported
Red Sea rerouting hits east Mediterranean transhipment hubs
The closure of the Red Sea route to the Mediterranean has seen larger vessels skip the region; this in turn has sent transhipped volumes elsewhere
Vessels divert following Baltimore bridge collapse
Ships scheduled to call at Baltimore begin to reroute to alternative ports in the region following Tuesday’s tragedy in the US city
Six still missing after Baltimore bridge collapse
Rescuers are searching the Patapsco river for six missing people after the Maersk-chartered boxship Dali lost power and crashed into a Baltimore bridge. All crew members, including two river pilots, have been accounted for and no pollution reported
Somali piracy is back and a show of force from India may not be enough to stop it
There are four known pirate groups stalking the Indian Ocean for ships to hijack and 22 Indian naval assets trying to stop them. That may not be enough to deter the pirates and it will only take one successful ransom to spark a rapid escalation in piracy that stretched navies will struggle to contain
The week in charts: Red Sea rerouting hits Med hubs | Novorossiysk-bound ships detour | Fresh flag of choice for Russia-calling dark fleet | ONE outlines growth plan
Red Sea crisis causes drop in eastern Mediterranean vessel calls heightened drone threat prompts Black Sea diversions, while Antigua and Barbuda become the latest flag of choice for Russia-bound dark fleet tankers
Yard capacity control crucial to sustaining newbuild price surge
Although newbuilding orders are slowing, ship prices continue to soar to highest levels since the industry’s previous supercycle in 2008
Red Sea rerouting hits east Mediterranean transhipment hubs
The closure of the Red Sea route to the Mediterranean has seen larger vessels skip the region; this in turn has sent transhipped volumes elsewhere
Slow and steady transatlantic box trade settles back to normal patterns
Trade between Europe and North America is expected to see little growth. But for carriers the transatlantic can yield profits if capacity is managed carefully
Houthi attacks will continue thanks to their robust weapons supply chain
Naval operations protecting shipping from Houthi attacks, which are set to increase during Ramadan, are not focused on stemming the re-supply of weapons, allowing the attacks to continue
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Latest From Ports and Logistics
China hands down life sentence to ex-SIPG chair Chen for graft
Verdict comes after Chen was taken away by party discipline enforcers in February 2023. He pleaded guilty at today’s open trial
Australia’s ports face more protests
Pro-Palestine protestors have caused further road closures at terminals in Melbourne and Sydney. But Zim-operated vessel is serving Asia-Australia trade alone
MSC to acquire French logistics operator
The latest stage of logistics consolidation sees MSC subsidiary SAS acquire French outfit. Deal is expected to close this year
More from Containers
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Latest From Containers
Vessels divert following Baltimore bridge collapse
Ships scheduled to call at Baltimore begin to reroute to alternative ports in the region following Tuesday’s tragedy in the US city
Cargo owners could boost trade in Shanghai’s container futures, says analyst
Some major consumer good producers are eyeing up the use of container freight futures. These may be a hedging tool, argues to Guotai Junan Futures analyst Huang Liunan
P&I clubs face huge bill for Baltimore bridge strike
Cost of Dali casualty could top entirety of 2021-22 record-breaking pool scheme payout
Six still missing after Baltimore bridge collapse
Rescuers are searching the Patapsco river for six missing people after the Maersk-chartered boxship Dali lost power and crashed into a Baltimore bridge. All crew members, including two river pilots, have been accounted for and no pollution reported
Ever Given salvage email exchange did not constitute contract for Smit
Lord Justice Males highlights ‘absence of intention to be legally bound until all outstanding matters were agreed’
China hands down life sentence to ex-SIPG chair Chen for graft
Verdict comes after Chen was taken away by party discipline enforcers in February 2023. He pleaded guilty at today’s open trial
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