The TSS Pearl has reportedly now sunk
The containership had had a major fire last week while it was sailing from Jeddah to Aden
Record orders for Korean shipyard
Daewoo Shipbuilding has secured orders for 141 new vessels in the first nine months of 2022
Dry bulk freight rates down
The Zero-Covid policy has compromised Chinese steel mill production and bulker demand
Safety, teamwork’s the word
A first-aid facility has been operational in Livorno’s Darsena Toscana since the beginning of the month
Antwerp improvement kicks off
The Port of Antwerp-Bruges and PSA are going to invest $330m in modernizing the Europa Terminal
DP World ups its London Gateway
Work has begun on the construction of a fourth berth at the logistics hub to increase capacity by 1/3
Container freight rates free falling
Drewry's World Container Index registered - 8% compared to the previous week
The future is blowing in the wind
COSCO Shipping Heavy Ind. teams up with a rotor sail supplier to develop technology on board ships
Maersk orders six green methanol ships
Scheduled for delivery in 2025, they will be added to the 13 others that the group ordered recently