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International Maritime

MOL Charisma Set  For repairs  After Grounding

MOL Charisma has been confirmed to begin repair works after she went aground last week, officials of Ocean Network Express (ONE) have disclosed. The vessel was successfully refloated and has since returned to Vung Tau. The…

Cruise Ship Runs Aground With 120 Passengers Aboard

The river cruise ship American Jazz went aground on a sandbar in Lake Barkley, Kentucky with 120 passengers on board. As of Friday morning, the vessel was still aground, and the U.S. Coast Guard was facilitating…

Container Freight Rates Up 346% In One Year

Container freight rates are continuing to rise to record levels due to ongoing disruption to global supply chains. The Drewry World Container Index (WCI) increased 4.2% over the last week to an average of $8,399.09…
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