COSCO & Other Chinese Firms Added to US Pentagon Blacklist
COSCO has been included in a list of companies the US Department of Defense identifies as having ties to China’s People’s Liberation Army (PLA).
Asia
Asia Pacific Shipping Expands Fleet with 12 New Tanker Orders
Vietnamese shipowner Asia Pacific Shipping (ASP) is significantly expanding its tanker fleet with 12 new vessels ordered from Chinese shipyards.
Crew Rescued After Fire on Bulk Carrier Panoria off Taiwan
On January 4th, four crew members were rescued from the bulk carrier Panoria after a fire broke out in its engine room off the coast of Taiwan.
Bulk Carriers Collide on Yangtze River, No Injuries Reported
December 30; two bulk carriers collided on China's Yangtze River. The vessels were Singapore-registered Yangze 22 and Japan-flagged Vega Dream.
South Korea Awards 1.9GW of Offshore Wind Capacity in Auction
South Korea's Ministry of Trade, Industry and Energy has allocated nearly 1.9GW of offshore wind capacity via its latest offshore wind auction.
COSCO Expands Dry Bulk Fleet with 10 New Kamsarmax Vessels
COSCO Shipping is advancing its large-scale expansion in the dry bulk sector with a new order for 10 kamsarmax bulk carriers.
Hapag-Lloyd Announces Rate Hike for India-Middle East to US
Hapag-Lloyd has announced a GRI / GRA for container shipments moving from the Indian Subcontinent and Middle East to North America.
Doun Kisen Expands Bulk Carrier Fleet with Four New Orders
Japan's Doun Kisen has increased its bulk carrier orderbook in China, placing orders for four vessels according to multiple shipbroking sources.
Armed Attack Targets Bulk Carrier in Philip Channel
A bulk carrier flying the Hong Kong flag was boarded by two armed intruders while sailing eastbound through the Philip Channel, near Indonesia.
Yang Ming & OOCL Unveil New China-Thailand Container Service
Yang Ming and Orient Overseas Container Line (OOCL) have unveiled a new container shipping service connecting China and Thailand.
China Expands Lead as World’s Top Shipowning Nation
China is solidifying its position as the world's largest shipowning nation, pulling nearly 30 million gross tons ahead of Greece, according to a report
Indian Government Unveils Jalvahak for Waterway Transport
The Indian government has introduced a new initiative called “Jalvahak” to boost long-distance cargo transportation through inland waterways.
Yang Ming's YM Unicorn Runs Aground at Taiwan’s Keelung Port
A container ship operated by Yang Ming Marine Transport ran aground while attempting to dock at Taiwan's Keelung port on the night of December 11
Engine Failure Forces Cancellation of MSC Bellissima Cruise
MSC was forced to cancel the ongoing cruise of the MSC Bellissima due to an engine failure, according to a report by a Taiwanese media outlet.
Bulk Carrier Detained in Singapore Over Payment Dispute
A bulk carrier flying the Marshall Islands flag, the Porthos, was detained in Singapore on December 7th following a sheriff’s order.
Tanker Runs Aground in Taiwan Amid Severe Weather Conditions
On December 7th, a products tanker named Liquid Gem ran aground off the coast of Taiwan due to extreme weather conditions.
Shipping Industry on Alert as China Stages Drills Near Taiwan
Merchant ships navigating one of the world’s busiest routes have been urged to be vigilant as China conducts military exercises near Taiwan.
Indian Dockworkers Threaten Strike Over Wage & Benefit Issues
Indian dockworkers are to strike on December 17 unless their demands for wage revisions and productivity-linked rewards are addressed by the 15th
India to Mandate CCTV Installation on Ships by October 2025
India has announced a new requirement for all ships visiting its ports: the mandatory installation of CCTV systems by October 2025.
Nanjing Tanker Expands Fleet with New Panamax Tanker Order
China’s Nanjing Tanker is advancing its fleet modernization efforts by commissioning a series of new panamax tankers from a domestic shipyard.