Tag: containerships

Shipping company MSC announced that the 25 crew members of the MSC Aries, seized by Iran on April 13, are confirmed to be safe, Reuters reports.

Rebecca Galanopoulos Jones, Senior Content Analyst, Veson Nautical, explores how Red Sea disruption is pushing up container values and rates. 

The container ship MSC Aries was seized by Iran in the Strait of Hormuz on April 13 for "violating maritime laws," according to Iran's foreign ministry, Reuters reports. 

The World Shipping Council along with – the Bureau International des Containers (BIC), the Container Owners Association (COA), and the Institute of International Container Lessors (IICL) have released the updated version of the Prevention of Pest Contamination of Containers: Joint Industry Guidelines for the Cleaning of Containers. 

In a recent market analysis, Sea-Intelligence highlights that after a tumultuous few weeks in the wake of the Red Sea crisis, some form of stability has ensued, with the round-Africa routings now normalising. This was also reflected in the February 2024 global schedule reliability score, which improved by 1.7 percentage points M/M to 53.3%. 

The Hambantota International Port (HIP) commenced its inaugural container transshipment service operated by the Mediterranean Shipping Company (MSC).  

The new electrified container terminal at the Port of Valencia is set to be a cutting-edge infrastructure that combines technology, eco-efficiency, intermodality, and sustainability.

Arkas is investing $240 million to expand its fleet with four next-generation, eco-designed container vessels, increasing its total number of vessels to 53 and boosting the TEU capacity to over 100,000.

The container ship APL Qingdao lost propulsion near New York Harbor on April 5, while navigating the busy Kill Van Kull shipping waterway.

President Yoon Suk Yeol attended the opening ceremony of Korea's first automated terminal on April 5, at Busan New Port, marking a significant step in South Korea's shipping and logistics sector.