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Series of ship incidents highlights rising risk in ageing global fleet

A series of serious incidents since late May — involving the MSC Elsa 3, Morning Midas and, most recently, Wan Hai 503 — has drawn attention to a sharp rise in accidents across the global shipping fleet. According to a new study by classification…
Sea

Container lines seek further rate increases on transpacific lanes

Container shipping lines are planning another round of general rate increases (GRIs) on Asia–US routes, scheduled for 15 June and 1 July — the twelfth and thirteenth price adjustments so far this year. Hapag-Lloyd, Cosco, Evergreen and HMM are…
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