ICS: latest flag state insights 
The International Chamber of Shipping (ICS) has released its 2023/2024 Shipping Industry Flag State Performance Table. The report indicates an overall improvement in the performance of flag states, which are essential for upholding safety and environmental standards in maritime... more
Piracy around the globe
In its annual piracy report for 2023, the ICC International Maritime Bureau (IMB) recorded 120 incidents of maritime piracy and armed robbery against ships, five more than in 2022. In 2023, 105 vessels were boarded, nine attacks attempted, four vessels hijacked and two fired... more
Expanding handling capacity at Jaxport
Jaxport in Jacksonville, Florida, has signed a 30-year lease agreement with Enstructure, a USA-based marine terminal and logistics company, for 319,702 sqm at the Talleyrand Marine Terminal. Starting in late 2025, following the relocation of Southeast Toyota Distributors to... more
Maersk bypasses the Red Sea
In response to the volatile situation in the Red Sea and Gulf of Aden, the Maersk ME2 service will temporarily be diverted via the Cape of Good Hope. The adjusted route will include Jebel Ali (UAE), Mundra and Jawaharlal Nehru (India), Port Tangier (Morocco), Algeciras (Spain),... more
Quicker Med-Sea connection
CMA CGM’s short sea lines division has restructured its TMX 2 link between Turkey, Malta, Italy, France, and Algeria. The French carrier started the revamped service from Gemlik to Salerno on 12 January 2024. This route aims to address the West Med to Algeria markets and... more
MOL commits to safety
Mitsui O.S.K. Lines (MOL) has introduced the 'MOL Group Safety Vision', setting out its approach to enhancing safety in both its shipping and growing non-shipping businesses. The safety vision aims to integrate with MOL's existing sustainability strategies and group values,... more
Before the crest of a wave 
Global container-shipping capacities are set to grow the most in 2024. The building of new containerships has its own ‘me-too’ logic. High demand for freight volumes in 2021 and 2022 triggered a boom in orders. This additional shipping space is now set to steadily increase... more
Corpus Christi: record throughput in 2023
The port of Corpus Christi in Texas, USA, recorded a historic high in annual tonnage in 2023, surpassing 200 million t for the first time. The 203 million t throughput is 8.1% up from the previous year. A significant portion of this growth was due to a 12.5% uptick in crude oil... more
Second-largest drop in trade capacity
The now month-long Red Sea crisis has caused the second-largest drop in trade capacity in recent times and destabilised service networks, particularly affecting Asia-Europe routes. The Sea-Intelligence Trade Capacity Outlook report compares this event with standard market... more
Alta Signa's marine underwriting bid
Alta Signa Europe, a managing general agent (MGA), launched its new European marine underwriting business on 18 January this year. Focusing on core marine insurance lines, the unit is backed by partners like Axeria Iard, Sirius Point, and Sompo International and led by Francesco... more