Iranian troops seize MSC box ship while Somali pirates net $5m ransom for bulker
As instability rises in the Middle East, the Israel-Palestine war now threatening to encompass Iran, ...
The master of the 1975-built Tote Maritime-operated ro-ro and containership El Faro, which sank off the Bahamas during Hurricane Joaquin on October 1, taking the lives of all 33 crew, had reported that the ship had taken on water, was listing at 15 degrees and had lost propulsion, said the US National Transportation and Safety Board (NTSB) yesterday. As lawyers jockey to file multi-million dollar wrongful death lawsuits against Tote and the captain, the US media focus has been on why a 40-year-old ship was still on the water.
MSC Aries now bound for Iran, and crisis will be 'a catalyst for higher rates'
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Iranian troops seize MSC box ship while Somali pirates net $5m ransom for bulker
Hong Kong drops out of world's top 10 busiest container ports
Flexport is 'back on track' – now it needs to start growing again
'Slow season' and ocean network stabilisation easing pressure on rates
Bottlenecks and price hikes as airlines now avoid Iran airspace
Alex Lennane
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During August 2023, please contact
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Alessandro Pasetti
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