The coronavirus could be costing container shipping lines $350 million a week, according to maritime freight analyst Sea-Intelligence. The weekly export demand shortfall from China has been pegged at an estimated 300-350,000...

The shipping industry could spend up to $1.4 trillion over the next 30 years in order to meet the International Maritime Organization’s 2050 emissions target, according to a report from the University of London’s ...

A fire last week aboard the container ship COSCO Pacific was caused by misdeclared lithium-ion batteries, the company has announced. The incident occurred as the vessel crossed the Arabian Sea en route from Malaysia to India...

The coalition government of New Zealand has decided that sea freight operations in downtown Auckland are no longer viable, and plans are to be drawn up to move the operations elsewhere. The government agreed that the port, w...

The United Nations Centre for Trade Facilitation and Electronic Business (UN/CEFACT) has published a new set of standards—or Business Requirement Specifications (BRS)—for data collected by smart containers. The s...

At the G7 summit this week, French President Emmanuel Macron confirmed France’s commitment to slow steaming as a way of reducing greenhouse gas emissions in the shipping industry. It follows an earlier call by the Fren...

Shipping heavyweights CMA CGM, Cosco and Hapag-Lloyd are collaborating with terminal operators to launch the Global Shipping Business Network (GSBN), a not-for-profit venture to promote the development of digital technology w...

Carriers’ decision to size up to 18,000-22,000 teu container vessels was a mistake, according to industry consultants who spoke to The Loadstar. While carriers have pursued economies of scale with the super-sized ships...

CMA CGM has added 50,000 sensors to sea cargo containers as part of a service of limited availability that will allow shippers to monitor exact location, external temperature and shock intensity during the voyage, as well as ...

One third of the owners of cargo aboard the Yantian Express, which caught fire in January, have refused to pay towards the general average. The general average, declared by shipping company Hapag-Lloyd, means that those with...

Shippers are making progress with preparations for the upcoming 2020 sulphur cap, despite predictions of doom and gloom, according to The Wall Street Journal. While shipping industry leaders have predicted that the sulphur c...

US imports sea freight data from freight forwarders has revealed a decline in volumes in February, signalling a slowing in international trade. According to S&P Global Market Intelligence, the slump follows a period at t...

The Department for Transport has settled with Eurotunnel for £33 million, after the company threatened legal action over the Brexit ferry scandal. Eurotunnel accused the government of being “secretive” over...

The government has cancelled its £13.8 million deal with Seaborne Freight, the company it had contracted to charter ferries in the event of a no-deal Brexit. The Department of Transport cited the loss of backer Arklow S...

Transport secretary Chris Grayling has responded to a series of questions submitted by Lilian Greenwood, chair of the Transport Select Committee, regarding Seaborne Freight, the company without any ships that won a £13....

The UK government’s Department of Transport has released a 338-page document entitled, “Maritime 2050 – Navigating the Future”, detailing its plans for developing maritime industry and innovations. &l...

The Yantian Express’ crew of eight officers and 15 seafarers have been removed from the ship after failed attempts to control a blaze that broke out on 3rd January. No injuries were reported. The fire started in one of...

270 shipping containers fell off MSC Zoe, the biggest cargo ship in Europe, during a storm on New Year’s Day. The containers washed up on Terschelling, Texel, Vlieland, Ameland and Schiermonnikoog, five islands off the ...

A 16,000-tonne Russian cargo ship, the Kuzma Minin, ran aground at Gyllyngvase Beach in Falmouth at 5.40am this morning, after it drifted and dragged anchor in strong winds. The Maritime and Coastguard Agency (MCA) declared ...

The 0.5% sulphur cap instated by the International Maritime Organization (IMO) in 2020 could prevent around 150,000 premature deaths a year, and 7.6 million cases of childhood asthma, according to public health experts. Heav...

French shipping titan CMA CGM saw an 85.8% drop in profits in the second quarter of 2018, due to rising bunker fuel costs, low freight rates and global trade tensions. The company’s Q2 profit was $22.7 million, compare...

The Republic of Djibouti has nationalised the majority stakeholder of the Doraleh Container Terminal at the Port of Doraleh, further stoking a conflict with the United Arab Emirates over control of the terminal. The Djibouti...

COSCO, one of the world’s largest shipping companies, was partially incapacitated by a cyberattack on Tuesday. The state-owned Chinese company’s US network was taken down by a ransomware infection, including tele...

Klaus Michael Kuehne, one of Hapag-Lloyd’s largest shareholders, confirmed an approach by CMA CGM for merger talks at the company’s annual general meeting. However, Kuehne rejected the advance, stating that Hapag...