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.
Libra Group leaves container shipping
Libra Group exited the container shipping market this week after selling close to 100 vessels for more than $2 billion over several years to focus on innovation and sustainability as new drivers of growth, the company's executive chairman said.
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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.
Customs teams thwart 1 billion liras smuggling attempt
Authorities have foiled smuggling attempts worth more than 1 billion Turkish Liras in several cities, including Istanbul, seizing counterfeit currency and leading to several arrests.
Amid Houthi escalation in the Red Sea shipping firms call for vessels to have armed guards
The Red Sea is a critically important route for companies that are shipping goods from Asia to Europe
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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Container traffic has diminished by 30% at Piraeus port
The handling of containers in Piraeus appears to have dropped by approximately 30% compared to last year, due to the ongoing crisis in the Red Sea, which has forced a very large part of the commercial ships to sail around Africa.
Attacks in Red Sea likely to impact Turkish consumers
The attacks on commercial ships in the Red Sea by Yemen's Houthi rebels have rerouted a majority of global trade away from the crucial maritime artery for goods and supplies that are likely to impact Turkish consumers through rising prices.
Last operating US prison ship, a grim vestige of mass incarceration, set to close in NYC
The Vernon C. Bain Correctional Center is a five-story jail barge that stretches the length of two football fields, resembling a container ship stacked with cargo
Tent cities vacated as permanent houses rise in quake zone
With the construction of permanent housing in earthquake-hit provinces, especially Kahramanmaraş, Gaziantep, Malatya, and Adıyaman, concluding swiftly as part of the rehabilitation efforts, survivors living in tents are gradually being relocated to permanent houses and container cities.