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  The average delay for containerships behind schedule has continued to increase in 2024 rising to the highest levels except during the peak of the pandemic and surge in container volumes. Sea-Intelligence is out with its monthly look at the average performance of the container shipping carriers across 34 different trade lanes highlighting the industry…

  An as-yet-unreleased UN report suggests that Yemen’s Houthi rebels have figured out a way to monetize their blockade of the Red Sea: insiders report that the group is operating a multi-billion-dollar tolling operation on the strategic waterway, extracting covert payments from shipowners in exchange for the right to pass safely. If accurate, the safe…

  South Korean shipbuilder HD Hyundai Heavy Industries today started a demonstration of autonomous operations of a large containership with the systems specifically designed into the vessel. It is part of a government-sponsored program being overseen by Korea’s Ministry of Trade, Industry and Energy, and the Ministry of Oceans and Fisheries, designed to advance and…

The carrier USS Abraham Lincoln will be leaving the Middle East within a few months and will not be replaced with another carrier strike group, the Pentagon confirmed Friday. A persistent carrier presence has been a key part of the U.S. strategy to deter Iran from attacking Israel; instead, the Defense Department will dispatch a…

  DFDS’ plans to acquire Turkish freight company Ekol Logistics have fallen apart in a public and acrimonious feud, with both sides claiming that they initiated a withdrawal.   In April, Danish freight ferry giant DFDS signed an agreement to buy Ekol for $545 million, adding more transport capacity to its cargo network in the…