“Humans do not make good monitors, and if understimulated, they will find other things to occupy themselves.” - MAIB
The 9 000-CEU vessel will strengthen transport services between East Asia and northern Europe.
Israeli-, US- and UK-affiliated vessels are now almost entirely excluded from safe transit through the Red Sea.
In 2023, spot-rate declines due to overcapacity led to widespread losses among carriers.
One crew member sustained minor injuries during the crash off the coast of Tanah Merah.
The LNG-powered car carrier has capacity to transport approximately 7 500 fully built units.
Baltimore’s vessel traffic was disrupted for nearly a week after the explosion on the loaded bulker.
After he was arrested, charges were referred to the King County Prosecutor.
The policy follows Ankara’s suspension of £5.5 billion in bilateral trade with Israel last year.
Shipping’s order book could create a supply-demand imbalance lasting until at least 2029 or 2030.
Since late 2023, the Red Sea corridor has been severely impacted by Yemen's Houthi militia.