New solution for wind turbine maintenance: the "jack-up on jack-up" Expanding its offshore wind portfolio, Danish naval architectural firm Knud E. Hansen has developed a new wind turbine maintenance platform concept, the "jack-up on jack-up" concept. This four-legged jack-up vessel features a
Wärtsilä to upgrade scrubbers on four Color Line ships With pressure growing for bans on the discharge of exhaust gas scrubber wash water, Norway's Color Line has placed an order that will see Wärtsilä add close-looped functionality to the current open-loop
DP World enhances specialist services for retail and chemicals sectors DP World is broadening its specialist logistics services for clients in the retail and chemicals industries, enhancing its global supply chain network with new capabilities and expertise. This expansion builds on DP World's existing strengths in automotive, perishables, healthcare, and technology. Handling over 10% of global containerized trade, DP World is enhancing its sector-specific expertise
DHL Supply Chain appoints new Chief Commercial Officer for EMEA region DHL Supply Chain has selected Andries Retief as the company's new Chief Commercial Officer (CCO) for the EMEA region (Europe, Middle East, and Africa). Retief, who has been with DHL Supply Chain since 2009, brings extensive experience to his new role, having held various leadership positions in finance, transportation, operations, and country management across Africa, Europe, and Asia. Most recen
Grimaldi Group launches Ro-Ro service between Italy and Türkiye Grimaldi Group is expanding its "Motorways of the Sea" network in the Mediterranean with a new service dedicated to transporting rolling cargo between Italy and Türkiye. A new direct connection between Trieste and Ambarli, just a few kilometers from Istanbul, will launch on 14 September, featuring two weekly departures from each port. This new route will be operated by Eco Mediterranea and Eco Ma
Container lines fight for yard slots The lead time for ordering newbuildings has become so long that container carriers are being forced into ordering "now" so that they can remain competitive into the future, according to one senior industry executive. According to the industry source, yard space is being utilised by large orders for LNG gas carriers, which can take up to twice the amount of time in drydock as conventional vessels.
MSC's MEDLOG acquires UK's major logistics provider MSC-owned logistics and supply chain provider MEDLOG has completed the acquisition of Maritime Group Limited (Maritime), a logistics operator in the United Kingdom. The acquisition was completed on 2 September. "We are really pleased to have secured the long-term future of the business as part of an independent, global logistics organisation capable of providing the continued investment to help u
Samskip partners with TECO 2030 to retrofit multipurpose vessel Kvitnos Samskip has announced its participation in the HyEkoTank project, supported by the European Union's Horizon Europe programme, as part of its commitment to achieving net-zero emissions by 2040. The project will see Samskip's multipurpose vessel, Samskip Kvitnos, retrofitted with advanced hydrogen fuel cell technology developed by TECO 2030. "We have spent years actively pursuing sustainable soluti
Leveraging AI Trading Bots for Crypto Trading Success With each passing day, the landscape of cryptocurrency trading undergoes a significant transformation, ushered in by the rise of AI trading bots. These innovative systems, powered by cutting-edge artificial intelligence, are engineered to execute trades with an efficiency and precision that human traders can't match. By harnessing complex algorithms and machine learning, these bots meticulously a
Maritime Transport opens new container storage facility in Liverpool Maritime Transport, UK's major provider of integrated road and rail freight logistics, has completed the development of a major new container storage terminal at the Port of Liverpool. The state-of-the-art facility, which opened on 2 September, is expected to allow Maritime Transport to expand its operations in Liverpool, facilitating more efficient distribution of goods from one of the key ports
Middle East trade surges, leading box lines to launch new services With Far East-Middle East container volumes seeing double-digit growth year-on-year, several liner operators have added more services to this lane. Japan's joint venture Ocean Network Express (ONE) and Taiwanese intra-Asia carrier TS Lines are launching the South China-Middle East Express (SMX) service on 8 November, connecting the southern Chinese ports of Shekou, Da Chan Bay, and Nansha with Je
CMA CGM introduces peak season surcharges worldwide French shipping group CMA CGM has announced new peak season surcharges worldwide, which will take effect during the next weeks. First of all, a peak season surcharge of US$250 per reefer TEU and US$500 per reefer FEU will be implemented by the Marseille-based box line for shipments from all North European ports, including North France, the United Kingdom, Ireland, Scandinavia, Poland, the Baltic
AD Ports' Noatum Logistics launches new rail service in Middle East Noatum Logistics, part of the AD Ports Group and a major global logistics provider, has unveiled a new rail logistics solution tailored for the Middle East. The new service is expected to enhance Noatum Logistics' regional freight forwarding network, including land, sea, and air transport solutions. The new rail shuttle service will connect United Arab Emirates' Khalifa Port with Fujairah Termina
MCI unveils Star Cool 1.1: Industry's first triple refrigerant reefer cooling machine Maersk Container Industry (MCI) has unveiled the Star Cool 1.1, a new advancement in its commitment to fostering sustainable global cold chains. This state-of-the-art reefer technology is designed to meet modern requirements with cutting-edge features that significantly reduce environmental impact. "After completion of an extensive R&D and verification program, we are excited to offer our custome
DP World enters retail and fashion logistics with Cargo Services takeover DP World has completed its acquisition of Cargo Services Far East, a global supply chain provider based in Hong Kong. Cargo Services is a leader in origin services, managing the movement of goods from the factory to the customer. The company employs over 2,500 people across Greater China, Asia, Europe, South Africa, and the United States. With this acquisition, DP World's workforce has grown to o
MSC Marie becomes largest Neopanamax to cross Panama Canal The 17,640 TEU container ship MSC Marie made history by becoming the largest-capacity Neopanamax vessel to transit the Panama Canal. With a length of 366 meters and a width of 51 meters, MSC Marie set the new record on 30 August, surpassing the 17,312 TEU Ever Max, which made its inaugural passage through the Panama Canal in August 2023. "The arrival of the MSC Marie in Panama, coming from the po
Canadian shipbuilders call for 100% tariff on Chinese-built vessels The Canadian Marine Industries and Shipbuilding Association (CMISA) calls for the Canadian government to impose a 100% surtax on all Chinese-built vessels imported into Canada and demand a clear prohibition on any government entity from acquiring or leasing Chinese-built ships. Chinese-built vessels present a strategic and ethical threat to Canada, according to Colin Cooke, President and CEO of C
Trans Global Projects appoints new Global Head of Communications and Marketing Trans Global Projects (TGP) has named Eva Heumann as the company's new Global Head of Communications and Marketing. "Eva brings a wealth of experience to the role having worked across construction, research and logistics industries," stated Colin Charnock, CEO of Trans Global Projects, a global provider of project logistics management. Charnock added, "This is an exciting time for TGP as we cont
Gerdes Green signs for second Damen newbuild Germany's Gerdes Green has signed up for another hybrid combi freighter newbuild at Dutch shipbuilder Damen. The joint venture between shortsea shipping companies Reederei Gerdes and Over-C will be adding a second 3,850 dwt general cargo vessel, jointly developed with the yard and vessel charterer Cargill. Gerdes Green has received a subsidy from the German ...
Scorpio Tankers ships out MR brace for $85m Monaco-headquartered product tanker major Scorpio Tankers is shipping out a pair of MR vessels for a total price of $85m. The Emanuele Lauro-led firm has struck a deal for the sale of 2014-built scrubber fitted STI San Antonio and STI Texas City at $42.5m each. Delivery of the SSP-built 50,000 dwt ships is expected in ...
Ambrey teams up with Chartworld to increase maritime security Security specialists Ambrey has formed a strategic partnership with Cyprus-headquartered navigation specialist Chartworld. This collaboration will look to enhance the safety and security of vessels worldwide by delivering real-time global security alerts directly to shipmasters through the Electronic Chart Display and Information System (ECDIS). In a maritime environment where security threats em
Sif, Smulders to supply transition pieces for Polish offshore wind farms A consortium consisting of Dutch offshore foundations specialist Sif and Belgian fabrication company Smulders will supply 100 transition pieces for the Baltyk 2&3 offshore wind farms in Poland. After the signing of a capacity reservation agreement on July 1, 2024, Equinor and Polenergia-owned joint venture companies leading the development of the Baltyk 2&3 offshore wind ...
China lines up shipbuilding mega-merger Two units of China's largest shipbuilding conglomerate, China State Shipbuilding Corporation (CSSC), have moved to merge through a share swap deal expected to end competition and create a new global shipbuilding behemoth. CSSC's Shanghai-listed flagship arm, China CSSC Holdings, plans to absorb and merge with smaller peer China Shipbuilding Industry Corporation (CSIC) by issuing A-shares ...
Australia declares offshore wind zone in the Indian Ocean The government of Australia has designated another offshore wind area, this time in the Indian Ocean near Bunbury, Western Australia. The Department of Climate Change, Energy, the Environment, and Water said the declared area between Cape Naturaliste and Dawesville has the potential to generate up to 11.4GW of renewable wind energy. However, the zone is ...
Vattenfall pauses development of Sweden's most mature offshore wind farm Vattenfall has decided to pause the development of the Swedish Kriegers Flak offshore wind power project until further notice due to unviable investment prerequisites in the country. Swedish Kriegers Flak, located about 30 km south of Trelleborg, is the most mature offshore wind power project in the Scandinavian country. The wind farm is estimated to ...
Chinese take on swathe of vintage capes A string of vintage capes has been reported sold in the last couple of months, primarily by Greek owners cashing in on record high secondhand prices, selling to Chinese owners willing to pay for ships usually headed for the breakers. Two vintage capes have been sold in the last couple of weeks, and both ships ...
Canadian yards call for 100% tariffs on Chinese-built ships Canada has joined a growing chorus of shipyard nations taking aim at the world's dominant shipbuilder. Colin Cooke, president and CEO, Canadian Marine Industries and Shipbuilding Association (CMISA), has delivered a hard-hitting message to Ottawa demanding that the Justin Trudeau administration enact tariffs against Chinese-built ships, following on from similar calls in the US and ...
Tsuneishi to expand its yard in the Philippines It's not just in China where shipyards are expanding to meet pent-up demand for new ships. In the Philippines, Japanese-backed Tsuneishi Heavy Industries (Cebu) has announced plans to add a further 30 ha of space to its yard, adding an extra slipway and another drydock. The expansion will see the Philippine yard increase annual capacity ...
Greek shipowner Panagis Zissimatos flips MR Tanker Sea Trade Marine, a Greek tanker and bulker player, has scored big on its most recent asset play. Brokers tell Splash that the outfit has sold the 2004 built MR tanker Kalamos, a 47,000 dwt, zinc coated tanker, pocketing $17.8m after playing with it for a year. Sea Trade paid Nippon Yusen Kaisha $15m for ...
Libyan oil exports frozen as political crisis continues Tankers are waiting to load off the Libyan coast after political crisis forced oil company to declare force majeure, halting...
Not safe to begin towing Sounion, salvors decide European Naval Force's Operation Aspides said it had been protecting tugs involved in the salvage of the stricken tanker, which...
Stuck on paper: why eBLs have yet to gain traction Those publicly proclaimed obstacles may just be excuses for unwillingness to change. And those touted benefits also may not reflect...
The week in charts: Dark fleet to grow until 'margins are destroyed' | Shanghai to breach 50m teu barrier | Black Sea and Red Sea war risk rates closing Lars Barstad of Frontline has 'lost all faith' in the ability of sanctions and regulations to curtail the dark fleet;...
Shipowner calls for CII fudges may miss the point Shipping groups want myriad tweaks to the CII so they don't receive bad ratings for fuel consumption beyond their control...
Have Australian coal exports to China peaked? China's informal ban on Australian coal lasted for three years, perhaps long enough for the two to learn to live...
IUMI celebrates 150th anniversary by looking to future Impending conference in Berlin will see multiple presentations on history of the organisation. But emphasis will be on future of...
LNG the best alternative fuel option for now, says WinGD chief Two-stroke engine designer chief executive says alternative fuel production will need to ramp to meet maritime decarbonisation ambitions
The future of shipping is not just about the ships, says Lloyd's Register chief executive Class role in the energy and digital transformation requires expertise in crew training as well as technical efficiencies, argues LR...
South Korea to create standards for new technology in shipping The global network will also be strengthened by signing MOUs with key members of the International Association of Classification Societies...
Four seafarers abandoned in Washington State The International Transport Workers' Federation said the four seafarers were due to be deported by US Customs and Border Protection...
China State Shipbuilding Corp to merge two listed arms This merger, which is anticipated to create the world's largest listed shipbuilding company, aims to improve development quality and regulate...
Daily Briefing Sounion salvage to start today | Gap between Black Sea and Red Sea war risk rates closing | Houthis hit...
Tech vendor aims to help forwarders preserve margins in growing LCL market Forwarders booking less-than-containerload business from shippers face documentation and pricing challenges that cut into their ability to carve out margin.
Demand bump could drive moderate rate boost on intra-Asia trades Strong economic growth in the region has led to the deployment of more capacity and increased the number of services from China.
Falling demand, rates signal early end to Asia-Europe ocean peak season While rates remain more than four times higher than this point last year, forwarders and carriers report an easing of demand ahead of the traditional end to the peak shipping period.
DP World adds Hong Kong forwarder to growing 3PL network Cargo Services will expand the global port operator's reach in Asia across a range of industry verticals.
Cathay's A350 groundings to upset Hong Kong's overheated air cargo market The extent of the disruption to air freight schedules is not yet apparent, but the loss of the belly cargo space, even for a short period, comes at a particularly inconvenient time.
US says it is disrupting and degrading Houthi threat. 'We're going to keep after it' Pentagon spokesman said the 'onus is on the Houthis' to see the impacts of their attacks.
Norwegian Cruise Line settles case over allegations of sexual assault on hip hop cruise Operator had been final named plaintiff after dismissal of claims against DJ Khaled and security firm
Norway orders ship to depart after taking refuge in port with explosive cargo Vessel took shelter at Norwegian port with ammonium nitrate onboard
'That can't possibly be true': The $4bn marine insurance question left hanging over Baltimore bridge disaster Congressman looks to change 1851 law to increase costs for owners of Dali after crash
New Fortress Energy shares sink one day after winning new US export permit Company scores first authorisation since Biden LNG export freeze, but it's short term
Scorpio Tankers sells pair of vessels in eye-catching $85m deal Shipowner continues to harvest cash for older MRs
Government bailout of Meyer Weft slammed by German yard association 'We are not really walking the talk in terms of political rhetoric', VSM says
Burning tanker rescue shelved as salvors pull out of planned towing operation Private companies engaged in the anti-spill effort are now exploring 'alternative solutions'
KNOT Offshore scores bigger, newer shuttle tanker in swap with parent New York-listed shipowner pays just $1.1m in cash to secure more marketable vessel
'Screams can be heard': Insurance broker warns of a 'bumpy ride' as shipowners face marine hull renewals Broker Miller predicts owners will want to cut costs after years of rising premiums
Dutch owner Longship books four new vessels at Ship and Steelbuilding New order represents Longship's step towards greener maritime operations and sustainable shipping
Is Nike taking its 'Just Do It' attitude to shipping emissions? Sportswear giant has made progress in reducing emissions from its oceangoing supply chain, but will it improve its 'D' grade from green groups
d'Amico Dry Cargo lures staff from Oldendorff Carriers as it eyes niche trades Italian owner is targeting growth in supramax business
Availability of alternative fuels emerges as hot topic at SMM opening MAN boss Uwe Lauber decries German inaction on hydrogen fuel
Scorpio Tankers scoops 'highest-ever' MR period charter rate as it confirms ship sales US-listed owner's new three-year deal beats current spot markets
Giant Chinese shipyard groups CSSC and CSIC set to be reunited after more than two decades Share trading in both companies has been suspended, pending CSIC's absorption by CSSC
Greek owner CM Lemos books series of suezmax tanker newbuildings at Japanese shipyard Greek player is set to take delivery in 2027
How many women work in shipping? Global survey aims to find out Second Women in Maritime Survey survey aims to gather data from governments and the industry
Eitzen links with BNP Paribas as 13-ship swoop rolls back the clock Christiania Shipping boss explains why company moved for French chemical tanker fleet - and what comes next
Product tankers seek to plug Libyan fuel crisis as crude shutdown costs economy $120m in two days Force majeure continues, brokers say, with production dropping off a cliff
Lidl shipping wing grows fleet as it takes in chartered vessels from German owners Subsidiary of supermarket chain has not lost any of its ambition in liner shipping
Gerdes Green doubles up on hybrid newbuildings at Damen Shipyards German shipowner adds second combi vessel
Norden CEO Jan Rindbo 'open-minded' about further acquisition as Norlat deal closes Danish owner sees demand supporting growth for combined business
Ambrey and ChartWorld team up to provide global security alerts to shipowners Security company and data platform will use ECDIS to reach vessels
IMO and Wista plea for industry to track women's progress in shipping Second Women in Maritime Survey survey aims to gather data from governments and the industry
Fridtjof Eitzen links with BNP Paribas as 13-ship swoop rolls back the clock Christiania Shipping boss explains why company moved for French chemical tanker fleet - and what comes next
Fridtjof Eitzen draws on M&A pedigree with appetite for further deals to follow 13-ship swoop Christiania Shipping boss explains why company moved for French chemical tanker fleet - and what comes next
CoolCo is well covered in a 'colder' LNG carrier market, Clarksons says Idan Ofer company set to weather weaker rates before upturn from 2025
Red Sea attack on Saudi VLCC unintended, insists oil giant Bahri Tanker was one of two ships that came under attack in the southern Red Sea on Monday
Reason to be cheerful: UK honours creator of the Happiness Index as a champion of mental health Steven Jones is one of nine seafarers given the UK's Merchant Navy medal
Scorpio Tankers sells brace of vessels in eye-catching $85m deal Shipowner continues to harvest cash for older MRs
Stolt-Nielsen and Portline pump cash into OceanScore emissions platform German software company says data teams will be expanded with new funding
The results are in: Analysts see stronger tanker earnings ahead after underwhelming second quarter Fearnley Securities takes a look at shipowners' prospects following the last second-quarter report of the season
How marine insurers are plugging the gap in cyber attack cover Swedish Club is offering a $50m facility for damage and loss of hire if criminal hackers target vessels
Love, seafaring and unexpected turns. How Alexander Gast followed his heart to join the family brokerage Joining family company Peter Gast Shipping was not always the plan for former Hapag-Lloyd man. This spring he made the switch
Osaka Gas LNG carrier up for sale as owners mull future of veteran vessels Steam-turbine vessel numbers swell as two-tier pricing spells potential pitfalls for sellers
Navigator Gas' Mads Peter Zacho voices ammonia-fuelling ambition CEO wants to see 'an ambitious, global carbon price levied on shipping'
Lila Global capesize sale highlights Chinese appetite for vintage bulkers Lila Lisbon is the fourth older capesize that Dubai-based shipowner has sold this year
Dutch owner Longship orders four new vessel at Ship and Steelbuilding The new order represents Longship's step towards greener maritime operations and sustainable shipping
Three stowaways held on Hong Kong supramax bulker in India Ghanaian men reported by shipping agent after Great Sheng Wen docked in Paradip
North America v Beijing: Canadian yard sector joins call for tariffs on Chinese-built ships Association wants 100% surcharge, matching Ottawa's electric vehicle move
Red Sea salvage of stricken Delta tanker about to start, EU and US say European warships will protect private tugs
Shipowner Solvang pushes ahead with record-breaking onboard carbon capture project Company to retrofit full-scale system on gas carrier
The Suez Canal Authority has announced that it will introduce surcharges on transit tariffs through the Egyptian canal for most major cargo vessels, effective July 15.
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