Intermodal containers

Uncovering the Ocean’s Lost Treasures: The Environmental Impact of Thousands of Sunken Containers

In 1992, an unusual event sparked global interest: a shipping container accidentally fell into the ocean, releasing 28,000 rubber duckies and other children’s bath toys. These small, yellow ducklings embarked on a journey across the world’s oceans, with some washing up on shores as far away as Alaska and Maine.

Australia bans Cypriot-flagged bulk carrier for safety violations

The Australian Maritime Safety Authority (AMSA) has taken decisive action, imposing a three-month ban on the Cypriot-flagged bulk carrier Peace from accessing Australian ports due to serious safety concerns.

Managed by Danaos Shipping Co, a leading global container ship operator and the exclusive manager of Danaos Corporation, the vessel recently re-entered the dry bulk market.

Containing the Houthi impact on Piraeus port

The port of Piraeus has so far weathered the impact of the Red Sea attacks, but will not be able to do so for much longer, ratings agency DBRS Morningstar warns, as it is expected to take a significant blow with a reduction of 30% or more in cargoes over the next period, due to container shipping giants stopping or changing their routes.

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