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In container shipping, the leverage – and the real fragility – now lives where the cranes greet the sea, writes Wolfgang Lehmacher. Shanghai has just pulled off something remarkable, even by its own lofty standards. The world’s largest container port handled more than 46m teu in the first 10 months of 2025, up 6.5% year-on-year, …
A complex cargo recovery and re-lashing operation is under way in the Canary Islands, involving a team of eight specialised personnel, crane operators, welders and lashing experts. A mega-container ship operated by Ocean Network Express (ONE) and owned by Seaspan lost around 45 containers overboard after encountering severe weather south of the Canary Islands, forcing …
The Maritime Anti-Corruption Network (MACN) has launched a three-year initiative aimed at tightening integrity standards across maritime supply chains in Indonesia, Malaysia and Germany. The programme—“Transparent Trade Routes: Strengthening Integrity in Maritime Supply Chains”—is backed by funding from the Siemens Integrity Initiative. MACN said the new project builds on mor...
Washington is gearing up for a wave of tanker seizures off Venezuela as the Trump administration revives and escalates sanctions enforcement against the country’s oil trade. A day after announcing the dramatic capture of a stateless VLCC (pictured) carrying sanctioned Venezuelan crude, the US treasury on Thursday sanctioned six additional VLCCs and their operating companies …...
Two of Japan’s biggest shipping lines — Nippon Yusen Kaisha (NYK) and Mitsui OSK Lines (MOL) — have agreed to pay £54m ($72.25m) to settle the long-running UK collective action over the car carrier cartel, drawing a line under a saga that stretches back a quarter of a century. The proposed settlement, announced in London …
