Here’s an AIS reconstruction showing the grounding of the MV Maersk Garonne as it entered Fremantle Inner Harbour in Western Australia early Saturday morning. As gCaptain reported, the vessel was pulled free from soft sand a few hours later.
There are no reports of damage to the vessel, injuries or pollution. The Australian Transport Safety Board has launched an investigation and will release a final report into the incident.
Two container ships linked to China’s state-owned Cosco Shipping Corp. are trying again to exit the Persian Gulf through the Strait of Hormuz, according to ship-tracking data compiled by Bloomberg News, just days after aborting a previous attempt.
Container freight rates pushed higher for a fourth straight week, as rising fuel costs and ongoing disruption in the Middle East begin feeding directly into global shipping markets. Drewry’s World...
Hapag-Lloyd delivered solid operational performance in 2025, but a sharp drop in freight rates and rising disruption costs pushed earnings significantly lower as the container shipping market continued to normalize....
March 26, 2026
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