Lloyd's Register Set to Welcome New Chairman

The Lloyd's Register Group and the Lloyd's Register Foundation announced on June 9 the appointment of Matthias Altendorf as the new Chairman of the Board.

Cargo Ship Runs Aground, Shipowner Fined After Salvage Costs $30.5 Million—and They're Fighting Back

In October 2024, the heavy-lift transport vessel "Yu Zhou Qi Hang" ran aground in the Yeliu waters of New Taipei City, after being affected by Typhoon "Kong-rey," sparking an ecological crisis over potential heavy fuel oil leakage.

Soaring 70% in Five Years: Preventable PSC Detentions on the Rise

A new white paper from Survitec, a UK-based safety and survival solutions provider, reveals that Port State Control (PSC) detention rates have risen by approximately 70% over the past five years, despite inspection numbers remaining broadly flat.

ZIM Acquisition Faces Further Complications

ZIM Acquisition Faces Further Complications

Container Monopoly Case Heats Up: Singamas CEO Teo Siong Seng Temporarily Steps Down from Multiple Key Roles

Container Monopoly Case Heats Up: Singamas CEO Teo Siong Seng Temporarily Steps Down from Multiple Key Roles

COSCO SHIPPING Development Responds to US Allegations

On May 22, COSCO SHIPPING Development issued an announcement in response to allegations brought by the US Department of Justice against its subsidiary, Shanghai Universal.

Navigation Warning! Military Exercises in Part of the Bohai Sea — Entry Prohibited

Navigation Warning! Military Exercises in Part of the Bohai Sea — Entry Prohibited