JNPA's container and total throughput continue surge in Nov.
Allcargo's ECU Worldwide appoints Jan Kleine-Lasthues as Chief Operating Officer
Logi-Sys and CargoAi partner to deliver powerful logistics management solution
Lufthansa Cargo and Maersk launch cooperation to support decarbonisation of airfreight
Tonnages hold firm while rates continue to build in peak season
CONCOR initiates DPD movement from Mundra to MMLP Barhi
Gateway Distriparks launches new service to Deendayal Port
CBDT extends due date for filing return of income in the case of an assessee with requirement to furnish report referred to in Section 92E, for AY 2024-25
Average turnaround time at the Major Ports has come down by nearly 50 pc in 10 years: Sonowal
Freight rates likely to continue rise
Trump's threat of 100 pc tariffs on BRICS seen as unrealistic
Revised port tariff at Pipavav from Jan.
Govt introduces Coastal Shipping Bill in Lok Sabha
SLPA reaffirms commitment to Adani's Colombo terminal project
APM Terminals Mumbai handles the most trains in a month this year
Sustainability strategically important for most SMEs: Survey
Maersk orders 20 dual-fuel newbuilds; also plans to charter dual-fuel vessels
Q2 growth disappointing but no threat to 6.5 pc for FY25: CEA
Maersk orders 20 LNG dual fueled containerships While Maersk may have started the momentum towards green methanol as a marine fuel, its concluding batch of orders placed under its fleet renewal plan announced in August cover 20 LNG dual
Vard gets AiP for CSOV methanol fueling system Lloyd's Register has awarded Fincantieri's Norwegian headquartered Vard subsidiary an Approval in Principle (AiP) covering the methanol fueling system for two commissioning service operation vessels (CSOVs). The Vard 422 design vessels are
Seaspan Marine makes leadership changes North Vancouver, B.C.- headquartered Seaspan Marine will make several leadership changes, effective Jan. 1, 2025, with Jordan Pechie becoming president of Seaspan Marine Transportation, a group of Canadian companies primarily involved in
Viking takes delivery of first ship in new series, Viking Vela Fincantieri's Ancona, Italy, shipyard today delivered the Viking Vela, the first in a new series of ocean ships on order at the shipbuilder for Viking Cruises. Viking is working on a project
MARAD awards $4.85M in Marine Highway Program grants The U.S. Department of Transportation's Maritime Administration (MARAD) today awarded $4.85 million in United States Marine Highway Program (USMHP) grants to five marine highway projects across the U.S. The funding, which is sharply down on
WinGD secures order for 16 X-DF engines after late switch Swiss marine power company WinGD has secured an order for 16 X-DF dual-fuel engines following a late-stage switch by a major ship owner. The decision was driven by WinGD's proven track record of reliable performance, continuous advancements in its X-DF technology, and successful deployment of the X-DF2.0 series earlier this year. The order came late in the new building process due to concerns abo
Maersk applies new PSS to Kenya and Tanzania Danish ocean carrier Maersk is implementing a Peak Season Surcharge (PSS) from China, Hong Kong, Japan, South Korea, Brunei, Vietnam, Indonesia, Cambodia, Laos, Myanmar (Burma), Malaysia, Philippines, Singapore, Thailand, Timor Liste and Taiwan to Kenya and Tanzania's port of Dar es Salaam. The following surcharge will be effective from 1 January 2025: Charge Name Origin Destination Container Siz
AAL Shipping enhances Indian market presence with heavy lift projects AAL Shipping is reinforcing its commitment to the Indian market with the deployment of the 31,000 dwt vessel AAL Kembla, tasked with transporting heavy lift project cargo from India to the Americas. This move highlights the carrier's growing focus on connecting India with Europe and the US Gulf through its monthly liner and tailored tramp charter services, providing extensive support for local an
GPA secures US$120 million for sustainable port upgrades At a Georgia Ports Authority (GPA) meeting, President and CEO Griff Lynch announced plans to enhance operational sustainability in Savannah and Brunswick, supported by three federal grants totalling over US$120 million. Griff Lynch commented, "We are constantly looking for ways to be a good steward for our local communities near our ports in Savannah and Brunswick. These federal grants will help
APM Terminals spearheads strategic expansion in Latin America amid rising opportunities Port operations are becoming increasingly crucial to Latin America's economic landscape as the region seeks to establish itself as a key manufacturing hub for international companies aiming to locate production closer to the US market. This content is locked Select a CN Premium Subscription Package To Unlock The Content! If you liked this post, please consider donating The post appeared first on
OOCL names its newbuild 16,800 TEU vessel in China Orient Overseas Container Line (OOCL) has officially named its first brand-new 16,828 TEU container vessel, OOCL Bauhinia, at a ceremony held at the Dalian COSCO KHI Ship Engineering (DACKS) shipyard in China. OOCL Bauhinia will be deployed on the Trans-Pacific Trade PCC1 service, linking Asia with the US West Coast. The service's port rotation includes: Ningbo (China), Shanghai (China), Pusan (S
HMM's delayed sale stalls head offices relocation The difficulties in selling HMM and opposition from employees have apparently halted efforts to relocate South Korea's flagship carrier's headquarters from Seoul to Busan. This content is locked Select a CN Premium Subscription Package To Unlock The Content! If you liked this post, please consider donating The post appeared first on Container News .
Hapag-Lloyd cuts emissions and costs through proactive hull cleaning solution Hapag-Lloyd has successfully reduced both emissions and operational costs by adopting Shipshave's In Transit Cleaning of Hull (ITCH) solution. The effectiveness of this proactive hull-cleaning approach was independently verified through an analysis conducted by the classification society DNV. To assess the benefits of proactive fouling removal, Hapag-Lloyd and Shipshave commissioned DNV to evalua
Suez Canal Container Terminal receives new cranes The Suez Canal Container Terminal (SCCT) reached a significant milestone in its expansion project with the arrival of the vessel Zhenhua 35 in November, which carried the first shipment of equipment needed for terminal expansion, including four Super Post-Panamax ZPMC Quay Cranes. With a 72-meter boom outreach, these cranes are engineered to handle twin 65-ton containers and heavy lifts of up to
NPA, Nigerdock seal US$1 billion Snake Island Port deal In a significant move to advance green port development across Nigeria, Nigerdock and the Nigerian Ports Authority (NPA) have finalized an agreement for the US$1 billion construction of Snake Island Port. The state-of-the-art facility will be established on an 850,000 square meters site within the Snake Island Integrated Free Zone in Lagos, featuring a multipurpose port comprising three terminals
Poland to build new grain terminal in Gdansk Polish Prime Minister Donald Tusk has announced plans for the government to construct a new grain terminal at the Port of Gdansk, with completion targeted for 2026. Speaking at a press briefing, Tusk said: "The most important thing is that the Polish state has its own grain terminal and this will allow for a fully controlled grain policy in crises. By 2026, we will be ready with the investment, w
ZIM updates its Transpacific network Israeli container line ZIM announced the following updates to its network from Asia to the United States East Coast (USEC) and US Gulf, effective February 2025. The ZXB service will feature an exclusive stop at Boston port, offering improved connectivity between Asia and the US East Coast with faster transit times and broader coverage. This will be the only direct service connecting Asia to Bosto
COSCO unveils new reefer product Nordic Fish Express COSCO SHIPPING presented its latest product, Nordic Fish Express, in Rotterdam. This new service is designed to enhance flexibility and provide personalized solutions for reefer customers targeting Asian markets with premium seafood exports from key Nordic fishing hubs, including Sortland, Ålesund, Måløy, Bergen, and Haugesund in Norway, as well as Grangemouth in the United Kingdom, and Velsen an
CMA CGM's new service to link Adriatic, Eastern Mediterranean and Turkey French ocean carrier CMA CGM has announced the start of a new service that is expected to serve the Adriatic market - BORA MED SERVICE (BMS). The BMS is scheduled to commence on 23 December from the port of Antalya and will have a weekly frequency. The port rotation of the new CMA CGM's service will be Antalya (1/2) - Izmir - Aliaga - Ambarli - Gebze - Gemlik - Malta - Ancona - Ravenna - Venezia
ONE announces two new Europe-Med services Ocean Network Express (ONE) will launch two new services, Aegean Express (AEX) and Levant Express (LEX), in January aiming to enhance connectivity between Northern Europe and the Mediterranean. "The Aegean Express and Levant Express are designed to support businesses in improving their supply chain performance by offering enhanced service options and greater responsiveness," said ONE in its annou
Norden pounces on five leased ships and signs up for bulker newbuilds Denmark's Norden has seized the opportunity to bolster its owned fleet by five ships and signed to lease a fresh pair of bulker newbuildings as two older capesize units are being lined up for the new owner. The Jan Rindbo-led owner and operator has exercised purchase options on one handysize bulk carrier and four MR ...
Nicolas Saverys in second attempt to take Exmar private Belgian shipowner Nicolas Saverys is planning to launch another voluntary and conditional public takeover bid for all shares in gas shipowner and infrastructure provider Exmar. Saverys' investment vehicle Saverex would offer €11.5 in cash for each share it does not already own, a premium of 38.6% over Exmar stock's closing price prior to the suspension ...
Trading house STX Group buys Marine Olie for biofuels business growth Dutch environmental commodity trader STX Group has acquired compatriot trader of waste-based advanced feedstocks Marine Olie for an undisclosed sum. The Amsterdam-based firm said the move would bolster its position in the biofuels value chain and support the company's aim of becoming a globally leading trader in the integrated feedstocks-to-fuels-to-ticket markets. Marine Olie's experience in ...
Shipping heavyweights invest in UK decarbonisation firm US-based shipbroker and consulting group McQuilling Partners has joined the growing list of marine industry heavy hitters backing the UK-listed green decarbonisation pioneer SulNOx. McQuilling is investing in a new funding round led by SulNOx's largest shareholder Constantine Logothetis and Norway's shipowner Nistad Group after the UK firm's five-fold share price hike in 18 months. ...
Petrofac extends charter for DDW Offshore AHTS Norway's DDW Offshore, a subsidiary of Akastor, has been awarded a six-month extension for an anchor handling tug supply (AHTS) vessel from Petrofac. The extension will keep the contract term for the AHTS Skandi Emerald employed to July 14, 2025. Initially, the contract was awarded to the Skandi Atlantic in September 2022. In the summer ...
Tanjung Offshore bags deals with Jadestone and IPC Malaysia Malaysian contractor Tanjung Offshore, part of T7 Global, has won new deals from Singapore-based oil and gas firm Jadestone Energy and IPC Malaysia. Both contracts are for the provision of pan-Malaysia maintenance, construction, and modification as well as hook-up and commissioning services. The contracts have already started and will last for five years. The deal ...
Shearwater awarded survey contract by Oil India Shearwater Geoservices has revealed a third contract win in India within a week, this time from state-run explorer Oil India. The Bergen-based seismic vessel player will carry out a large 2D towed streamer survey covering 14,500 line km on the east coast of India in the Bay of Bengal. The five-month project, set to start ...
Diana Shipping fixes out ultramax to agribusiness giant New York-listed Greek bulker owner Diana Shipping has entered into a time charter contract with Swiss-based agribusiness firm Bunge for one of its ultramax vessels. Bunge hired the 2016-built, 60,309 dwt bulker DSI Aquarius. The gross charter rate is $13,300 per day, minus a 5% commission paid to third parties, for a period from a minimum ...
Gulf Marine Services clinches new vessel contract London-listed liftboat operator Gulf Marine Services (GMS) has won a new contract for one of its vessels operating in the Gulf Cooperation Council region. The new contract is for one of its small-class vessels and will last a total of 18 months, including optional extensions. "We are delighted to see continuous demand for all our ...
Polish PM unveils grain terminal plans at Gdansk Donald Tusk, Poland's prime minister, headed to the nation's top port yesterday to unveil plans for a new grain terminal. The €117m investment at the port of Gdansk will give the port an additional annual grain handling capacity of 2m tons by 2026, rising to 3m tons later on. Tusk said the grain terminal "will ...
Enron 'comeback' stirs industry interest The Houston oil community reacted with shock yesterday when backers of a new Enron launched a website and splashed their return across social media. The relaunch of the infamous company which went bankrupt in December 2001 did have a catch attached to it. Eagle-eyed readers of the 'Terms of Use and Conditions of Sale' part ...
Maersk confirms fleet renewal plans with orders for 20 ships Maersk has confirmed much-telegraphed orders in China and South Korea. The Danish carrier revealed in a release yesterday orders for 20 boxships with a combined slot total of 300,000 teu. Once phased in, they will replace existing capacity in Maersk's fleet. Broken down, Maersk's latest orders include a pair of 9,000 teu vessels and six ...
The year's top consolidation news Manish Singh from Aboutships provides readers with a review of maritime tech and services consolidation. The year 2024 has proven to be an eventful year for mergers and acquisitions in maritime services and technology. The deal log is too long to include here so the following examples are not exhaustive, chronological, or indicative of relative ...
COSCO launches Nordic Fish Express COSCO Shipping has presented its new product called Nordic Fish Express linking Scandinavian fish ports such as Sortland, Ålesund, Måløy, Bergen, Haugesund, as well as Grangemouth in the UK, and Velsen and Rotterdam with Asian markets. "With our new Nordic Fish Express product, customers can load the containers and start moving them with COSCO Shipping, ...
Lagos gets another port Nigerian maritime and logistics company Nigerdock has completed an agreement with the Nigerian Ports Authority (NPA) for the commencement of operations of Snake Island Port, an 85-hectare, multipurpose port facility comprising three terminals located within the Snake Island Integrated Free Zone. The concession is for a period of 45 years with an optional extension. Nigerdock's ...
The rise and fall of bulk shipping stocks - and the rise and rise of container stocks Counterintuitively, stocks in the segment with historically high newbuilding deliveries - container shipping - have done far better in 2024...
Dark fleet VLCC Ceres I sanctioned as US continues to target Iran's 'shadow fleet' The US Office of Foreign Assets Control announced sanctions on Tuesday against 35 entities and ships for shipping Iranian oil...
Attica results hit by merger costs and ETS compliance Costs included €14.1m on EU emission allowances in the first nine months of the year
Shipping should return to the Red Sea, argues EU naval commander Operation Aspides, the European Union's naval mission to protect Red Sea vessels from Houthi attacks is under-resourced and fighting a...
Stop sending ships through the Red Sea, Marlin Luanda master tells owners Master of a tanker struck by a Houthi missile in January has urged shipowners and operators not to risk crew...
Russian tanker struck by suspected naval drone trades again The vessel is not on its usual route, instead sailing the Don river and signalling Astrakhan as its destination
Bulker sinks in Red Sea, prompting oil spill fears The vessel ran aground on coral reefs off Quseer, Egypt on November 22, but efforts to salvage the bulker were...
Orders for LNG-fuelled ships more than double in 2024 A total of 27 alternative fuel-capable ships were ordered in November, with 23 of these being LNG dual-fuel specification, according...
Lloyd's List wins big at the Seahorse Awards Lloyd's List's editorial team scoop gongs for multimedia, features and supply chain journalists of the year and receives the runner-up...
Top 10 flag states 2024 Liberia remained the world's largest flag state after ending Panama's 20-year run at the top in 2023. The dethroned registry...
MAN begins testing on two-stroke ammonia engine After 12 months of single cylinder testing, the German manufacturer has begun full-scale testing of its liquid gas injection ammonia...
Containership charter rates rise by an average of 165% year on year Shipbroker Braemar said that chartering activity in the past week remained robust, while vessel supply for the year's final month...
Top 10 shipbrokers 2024 The world's leading shipbroking companies benefited from strong tanker and dry cargo markets during the first half of 2024, but...
Suez transits tumble to fresh lows Sailings through both Red Sea chokepoints are trending downwards
Poland to build new grain terminal at Gdansk An influx of grain from Ukraine has prompted the Polish government to build a terminal owned by the state at...
Maritime incident underreporting is a recurring issue The IMO's Maritime Safety Committee has recently adopted new reporting requirements for containers lost at sea, which are due to...
Diana launches $30m buyback offer Diana's stock price in New York spikes on news
Nearly half of Russia fuel oil assessed above G7 price cap shipped on Western tonnage Under the cap, shipowners provide attestations to regulators for each voyage showing their cargo was lower than the cap. As...
The Daily View: It's good to talk Your latest edition of Lloyd's List's Daily View - the essential briefing on the stories shaping shipping
Yangzijiang Shipbuilding smashes target with another 21 newbuildings worth $2.6bn With these 21 newbuilding orders, Yangzijiang has119 vessels on its orderbook this year, worth $14.3bn
Transpacific trade in holding pattern as Asia braces for Trump tariff storm US importers appear to be adopting a wait-and-see approach to Trump's tariff policies, while the president-elect's recent tariff threats have...
Daily Briefing A fifth of dark fleet tankers now under Western sanctions | Shipbroker SSY 'wants to turn one transaction into four...
ILA targets rail-mounted gantry cranes as the impasse in port labor talks The union representing 45,000 longshore workers along the East and Gulf coasts is seeking to block technology that management says is critical for land-constrained ports to handle larger ships.
Broker automation vendor lands funding round in increasingly competitive market Freight brokers large and small are testing software, like the tools developed by Vooma, that automate core functions like quoting, load building and tracking.
As alliance changes loom, a look back provides guidance for the future There is no guarantee we will see the same market shifts in early 2025 that we saw during the last big alliance shakeup in 2017, but the operational realities faced by carriers are essentially the same, writes Lars Jensen.
Canadian investigation again raises questions of Chinese chassis origin A dispute in Canada has all the hallmarks of a similar case in the US over what qualifies as a chassis made in China.
'Peak' of peak season lifts rates, demand in global air freight market The first week of December is traditionally when demand for air cargo reaches its highest level, and this year a wide imbalance between demand and available space is pushing up already elevated prices.
Can shipping's green recycling ambitions survive the downturn? Ship recyclers and regulators have invested heavily in a new green regime that geopolitics threatens to derail
SSA-SAAM joint venture scores five-year extension to run Chile's busiest container port Investments qualify San Antonio Terminal Internacional for another run
US sanctions of 21 tankers include VLCC that collided with a Hafnia ship Fourteen shipowners and managers blacklisted for exporting Tehran's crude
US EPA 'creates a new category' to put green label on shipyard's ship cleaning product Hendry Marine scores Safer Choice certification from US government
Regional green fuel production supply critical for national security, Nordic ministers argue Ministers presented with Nordic road map to help strengthen regional maritime decarbonisation
Give me more ships to return trade to Red Sea, says EU mission chief Rear Admiral Vasileios Gryparis says close protection operation has been successful - but more can be done
US sanctions 21 ships to ratchet up pressure on Iranian shadow fleet Fourteen shipowners and managers blacklisted for exporting Tehran's crude
Unfazed by Hunter Group losses, Steen builds his stake further One of the VLCC charter player's biggest shareholders is adding to his position
When will Gianluigi Aponte pull the trigger on a demolition derby? All eyes on MSC as scrapping tsunami is pushed back to 2026
2020 Bulkers' Lars-Christian Svensen snaps up shares after stock drops 20% Buys stock for $90,000 in 2020 Bulkers and Himalaya Shipping
World's newest liner alliance goes 'live' as Maersk and Hapag-Lloyd open for business Gemini Cooperation is starting to fill ships that will set sail on 1 February
MAN Energy Solutions kicks off full-scale testing of new ammonia engine Designer said it is 'moving forward cautiously in a reliable and safety-first way'
'I used to like NGOs,' says father of Hong Kong ship recycling convention Nikos Mikelis to battle for Asian shipyards as head of Bimco alliance
Private UK shipowner PG Tankers adds third newbuilding as profit jumps in strong markets Company founded by former Clarksons broker returns to China Merchants Jinling for new product carrier
'Last-minute switch': WinGD scoops order for LNG ship engines after owner bails on cancelled MAN units At least one shipowner has opted to make a late change in its choice of propulsion units for a series of LNG carriers
Shipbroker McQuilling buys into Constantine Logothetis' SulNOx fuel venture New York-headquartered firm joins latest funding round by bunker additives company
Harry Vafias' Imperial Petroleum sitting on $200m cash pile after profitable third quarter Greek tanker and bulker owner sees profit dip following last year's aframax sale
Besiktas receives Seatrium floating dock after record-breaking Suez passage Europe's biggest ship repair facility enhances its capacity to handle cruise ships, oil rigs and FPSOs
How will return of Russian petrol fuel clean tanker rates? Broker BRS says impact is likely to be minimal
Norden racks up tanker and bulker deals with S&P and leasing plays Danish owner has been shuffling its fleet and taking advantage of high capesize values
As Russia prepares to lift petrol export ban, gasoil trade remains more important for tankers Broker BRS says impact of resumed fuel shipments likely to be minimal
Besiktas takes Seatrium floating dock after record-breaking Suez passage Europe's biggest ship repair facility enhances its capacity to handle cruise ships, oil rigs and FPSOs
Stolt Tankers opts for vegetable oil fuel blend on 30 vessels Inland tanker fleet to run on HVO20 from this month
Cypriot owner Castor Maritime sells container ship for loss Company taking $3.3m hit from disposing of 2005-built vessel
Nicolas Saverys launches fresh $111m bid to take Exmar private Will the family succeed this time in taking the shipowner off the stock exchange?
Stolt Tankers goes for vegetable oil fuel blend on 30 vessels Inland tanker fleet to run on HVO20 from this month
Iran pressed to release four ships seized and detained for 'technical' reasons Arsenio Dominguez says Red Sea crisis must not become the 'new normal' for shipping in the region
Scramble to save cargo ship sinking off Red Sea coral reef Salvage efforts hampered by bad weather off El Quseir
Evalend Shipping books four extra product tankers at its favourite Chinese shipyard Shipowner orders quartet at Yangzijiang Shipbuilding
Greek owner Castor Maritime sells container ship for loss Cyprus-based owner taking $3.3m hit from disposing of 2005-built vessel
Dark fleets, rogue scrap yards and easy money: Is a new breed of shadow recyclers waiting in the wings? Mainstream yards are unlikely to risk the ire of G7 sanctions by touching blacklisted vessels
Yangzijiang Shipbuilding bumps up orderbook with 21 newbuildings worth $2.63bn AP Moller-Maersk and ONE are being linked to large boxship orders
Torstein and Karine Hagen exercise warrants to tighten grip on Viking Holdings with $10.9bn stake Stake in cruise ship operator increases to 53.3% as price nears double IPO value
Union, employers resume war of words in East Coast port contract dispute The International Longshoremen's Association and United States Maritime Alliance make claims and counterclaims amid stalled contract negotiations.
Container rates buoyed by tariff, strike threats Ocean container rates to the U.S. remained steady as shippers maneuver to minimize the effects of higher tariffs and a potential port strike in 2025.
Cargo airline Atlas Air names veteran passenger exec as COO Atlas Air has selected an experienced passenger airline executive to help run its complex global cargo operations.
Maersk seeks 'flexibility' with orders for 20 ships A.P. Moller-Maersk has signed contracts for 20 new dual-fuel container ships set for delivery in 2028-2030.
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