Broker Gallagher says International Group has resisted temptation to increase the overall limit of reinsurance ...

La nave container ship AMNAH was engaged in loading operations at Ambarli port in Istanbul, when it began to list toward the ...

Container ships have revolutionized shipping, making it more cost-effective and efficient to transport goods across oceans. Malcom McLean, an American entrepreneur, introduced the concept of ...

A Russian cargo ship suspects a major act of sabotage as ‘three explosions' sank its cargo vessel Ursa Major while passing ...

The global shipping ... how container shipping operates. Disruption caused by the pandemic has forced the industry to expand its capacity and reduce costs to remain profitable. At the peak of the ...

Two people are missing after a Russian freighter with a crew of 16 sank off Spain's Mediterranean coast while reportedly on a ...

The heavy load carrier, built in 2024, has a length of 850 feet. China claims to have achieved a ‘world record’ in ...

On December 16, the tanker Mercury lost propulsion due to a failure of its main engine, around 30 miles northeast of Simushir island in the Russia's fareastern Sakhalin region. A day earlier, the ...

Yang Ming Marine Transport Corp. became the latest ocean carrier to join the newbuilding club when it announced plans to order a dozen or more new container ships. The Taiwan-based carrier in a ...

A container ship from Karachi reached the outer anchorage of Chattogram port this afternoon, carrying 825 TEUs of import containers from Pakistan and the United Arab Emirates. This is the second ...

Taiwanese liner company Yang Ming Marine Transport is poised to order a series of neo-panamax container ship newbuildings as part of its fleet renewal programme. The company disclosed that it was ...

The disruption took place at 12:26 p.m. on 25 December, when the cable was transmitting 650 MW of power. Finnish transmission ...