Losses
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Maritime News
Report: Israel Asks U.S. to Resume Attacks on Houthis After Ship Losses
Reports in the Israeli media are saying that the Israeli government has approached the United States, calling for a resumption…
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Marine World
Container Losses Rise in 2024 as Red Sea Crisis Forces Riskier Routes
The World Shipping Council (WSC) released its annual Containers Lost at Sea report today, revealing that 576 containers were lost…
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Marine World
Ship Losses Hit Historic Low Amid Rising Risks
The global maritime industry has achieved its lowest-ever total of vessel losses, with only 27 large ships lost worldwide in…
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Port News
Maritime losses reach historic low amid rising geopolitical and technological risks: Allianz
Allianz’s latest Safety and Shipping Review makes a stark warning about the dangers posed to the global merchant fleet by…
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Maritime News
Shipping Stocks Begin to Regain Losses After Hints of a Tariff Reprieve
Clear signals that the Trump administration wants to pare back its new tariffs have prompted a market recovery, and…
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Marine World
Planned US Auto Tariffs Shake Global Industry as Price Hikes, Job Losses Loom
The United States’ announcement of a 25% tariff on auto imports rippled throughout the world on Thursday, as global vehicle…
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Maritime News
MSC Vessel Losses Empties Rounding Cape of Good Hope
South Africa’s problem with overboard containers increased yet again last week with reports that a passing MSC vessel lost…
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Marine World
South Africa Investigates Pharmaceutical Bottles Washing Ashore Amid Uptick in Cargo Losses
The South African Maritime Safety Authority (SAMSA) is actively investigating the source of pharmaceutical bottles washing up along the country’s…
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Maritime News
60-Year-Old Ferry Losses Prop as BC Ferries Struggles with Aging Fleet
Canada’s BC Ferries is increasingly feeling the pressure of operating an aging fleet after one of its flagship vessels…
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Marine World
Cargo Losses Surge Off South African Coast Amid Red Sea Rerouting
An MSC ship has lost dozens of containers overboard after encountering severe winter weather off the coast of South Africa,…
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