Worldtron Logistics International celebrates Founders Day
Inter-ministerial meeting takes key decisions to address rising freight costs, shipping delays, shortage & non-availability of containers, congestion at ports among issues faced by exporters
India on track to become 3rd largest economy by FY31: S&P
Two mega shipbuilding parks by 2030
Augmentation work at BPCL Liquid Cargo Terminal
Maximum permissible drafts at Karaikal Port revised
Revised tariff at JSW Jaigarh Port
Carriers warn of surcharges, congestion due to impending ILA strike
DPA oil jetty work in abeyance
India, S. Korea begin sharing BL electronically with Customs
Port calls in the Red Sea plummet due to attacks
DGFT notifies interest subvention for MSMEs
DBGT announces landmark achievement in maritime connectivity
Adani Kandla Bulk Terminal sets new cargo handling record of 47,910 metric tonnes
TVS ILP debuts in Kerala with state-of-the-art industrial park in Kochi
VIDEO: WSF reports progress on Wenatchee electrification After one year at Vigor shipyard, work to modernize the Washington State Ferries (WSF) Jumbo Mark II ferry Wenatchee is progressing, including the necessary and long-planned upgrade to its aging propulsion system
Gulf LNG Tugs orders four RApport 2800 tugs Gulf LNG Tugs of Port Arthur LLC has announced the acquisition of four cutting-edge, high-horsepower tugboats designed for the Port Arthur LNG export facility in Texas. These Low Emission (LEV) RApport 2800
NTSB releases report on $5M bulker Sirocco breakaway The National Transportation Safety Board has issued its report on the March 27, 2023, incident in which the 751-foot long bulk carrier Sirocco broke free from its moorings at the Convent Marine
COSCO SHIPPING unveils two vessels for QatarEnergy's Gas Expansion Project On 10 September, a naming ceremony took place on Changxing Island, Shanghai, for two vessels - Rex Tillerson and Umm Ghuwailina - both part of QatarEnergy's LNG transportation project. The construction contract for seven 174,000-cubic-meter LNG carriers was awarded in 2022 to a partnership between COSCO SHIPPING LNG Investment (Shanghai), a subsidiary of COSCO SHIPPING Energy, and Mitsui O.S.K. L
Maersk withdraws peak season surcharge from China to Indonesia, Malaysia, Singapore and Brunei Maersk has decided to remove the Peak Season Surcharge (PSS) for both dry and reefer cargo departing from all ports in China and destined for Indonesia, Malaysia, Singapore, and Brunei. The Danish ocean carrier will withdraw the following peak season surcharge from 1 October 2024. Origin Destination Effective Dates Container Type Currency New tariff levels All China Ports, Including Hong Kong Ind
MSC updates European service network The world's largest box line MSC has decided to make adjustments to its European service network, according to DynaLiners. The Swiss/Italian ocean carrier has trimmed its West Mediterranean to Red Sea service by removing France's Marseilles port and Spain's Barcelona port from the port rotation and adding Egypt's Alexandria port. The updated port rotation now includes Valencia (Spain), Gioia Taur
Ocean carriers change Middle East - Indian Subcontinent services CStar, CU Lines and UGL have expanded their cooperative efforts, forming a joint service known as the IMR, which CStar brands as MER1. This service has been enhanced to a weekly schedule, covering key ports including Nhava Sheva, Mundra, Jebel Ali, Djibouti, Jeddah, and Aden, before looping back to Nhava Sheva. Additionally, MSC has adjusted its Upper Gulf Express service by removing UAE's Jebel
India's drive to rein in container shipping charges faces hurdles as volatility persists Indian government leaders have promised exporters some notable proactive steps to ease their supply chain pain points, but industry stakeholders remain sceptical about their winnability and value proposition amid multiple challenges. At a high-level stakeholder meeting held on 19 September to address exporter concerns, officials agreed to extend relief in the form of longer free times for empty c
Valenciaport sees surge in August exports The Valencia Port Authority's Statistical Bulletin for August shows a notable rise in Spanish exports through Valenciaport. This growth is driven by both containerised goods, which increased by 18.85%, and non-containerised and bulk goods, which rose by 4.73%. Among the containerised exports, wood and cork saw a sharp increase of 85%, while beverages grew by 25% and foodstuffs by 23.7%. For non-c
Central European floods cause operational disruptions and delays The severe flooding in Austria, Slovakia and the Czech Republic has affected the transport network's local infrastructure, including container facilities. German ocean carrier Hapag-Lloyd has announced the flooding has already affected its container depots, which may result in operational delays in the affected regions. "Whilst we continue to accept your bookings for the coming weeks, we ask for
What Is a B2B SaaS Marketing Agency? A B2B SaaS marketing agency helps a B2B (business-to-business) company to acquire Software-as-a-Service and become a B2B SaaS company. So, why do you need to convert your B2B company to a B2B SaaS company? This is because if your company is failing to meet the desirable conversion rates, then you should reconsider your lead generation and marketing strategies. A SaaS company can utilize cloud-bas
Box lines adjust intra-Far East/Australasia services CNC Line is set to enhance its role from a slot operator to a vessel provider on CoscoSL's NP1 service at the end of September, according to DynaLiners. This upgraded service, branded as RNM by CNC, will deploy two 1,700 TEU vessels, maintaining a route that includes Singapore, Subic Bay, and Manila. Additionally, Sinotrans (SinoLines) has launched a new service, the Shantou Philippines Service 1
AAL Shipping receives third Super B-Class multipurpose heavy lift vessel AAL Shipping (AAL) has received AAL Houston, the third vessel in its eight-ship, third-generation Super B-Class newbuilding fleet. This 32,000 dwt dual-fuel multipurpose heavy lift carrier prepares for its maiden voyage. Named after AAL's operations hub in the Americas, the vessel was formally christened at a ceremony held at the CSSC Huangpu-Wenchong Shipyard in Guangzhou, China, on 12 September
How to Analyze Shipping Stock Trends: A Beginner's Guide to Reading Stock Charts Understanding stock charts is essential for anyone interested in investing in the shipping industry. Stock charts provide a visual representation of price movements over time, helping investors spot trends, identify key moments, and make more informed decisions. For beginners, though, reading these charts can feel intimidating. This guide will break down the basics, from the types of stock charts
Port of Sihanoukville launches new 450,000 TEU terminal Cambodia's port of Sihanoukville has inaugurated its new 450,000 TEU container berth, according to DynaLiners. The cost of constructing the new 253-metre long and 10.4-metre depth berth was US$37.5 million. The port of Sihanoukville will now have a container capacity of 1 million TEUs. The port aims to further expand this capacity, as it is developing a new deep-water container terminal. The upco
MOL invests in HIF Global HIF Global has announced a new investment from Mitsui O.S.K. Lines (MOL), an international shipping company, to support the expansion of its e-fuel projects across the United States, Australia, Chile and Uruguay. MOL is the third Japanese entity to invest in HIF Global this year, following a May announcement from Japanese energy company Idemitsu Kosan, and a prior investment by the Japan Organiza
New box terminal in Duisburg opens new opportunities As a new container terminal opened at the Duisburg port , Container News attempted to evaluate the strategic environment and the tactics of the German port. The data process noted a notable systemic simultaneous decline in shipping connectivity across Germany, Belgium, and the Netherlands. This could be related to broader economic downturns, shifts in global trade routes, or possibly regulatory c
Could East and Gulf Coast port strike result in banana shortage? Furniture, bananas and motor vehicle parts could be the top containerized commodities that would be affected by a potential labor strike at the United States East Coast and Gulf Coast ports, according to US Census Bureau data. The top three containerized goods processed by East Coast and Gulf Coast ports year to date have included nearly 2.5 million metric tons of furniture, followed by 2.2 milli
How to Create Seamless Video Tutorials with Online Editors Video tutorials have become a crucial medium for conveying information, whether for educational purposes, marketing, or product demonstrations. Viewers expect a smooth, engaging experience that helps them quickly grasp the concepts being presented. The key to achieving this is seamless editing, which ensures the tutorial flows logically and captivates the audience. With advancements in technology
AD Ports Group signs agreements with UAE banks AD Ports Group has entered into agreements with two UAE banks to refinance its existing US$2.25 billion syndicated loan on more favourable terms. This refinancing is expected to help the Group save up to US$12 million in finance costs over the next 12 months. The new financing arrangements will provide the Group with increased flexibility to strategically time its return to the debt capital marke
OSRL supports ammonia transfers for Pilbara region bunkering Oil Spill Response Limited (OSRL) played a key role in supporting a recent ammonia ship-to-ship transfer pilot, a collaboration between the Global Centre for Maritime Decarbonisation (GCMD), Pilbara Ports, and Yara Clean Ammonia (YCA). Conducted at the Port of Dampier in Western Australia's Pilbara region, this groundbreaking operation marks a significant step toward establishing Pilbara as a gre
Sinokor sells veteran LNG carrier for scrap South Korea's Sinokor Merchant Marine has offloaded one of its aged LNG carriers for recycling - the third ship in this sector to be scrapped this year. Brokers said the nearly 45-year-old Coral Energy, anchored in the layup waters of Labuan in Malaysia, has been sold on an as-is basis to an undisclosed demo cash ...
Spliethoff buys 30-ship-strong ForestWave Two Dutch shipowners are merging with news from Amsterdam today that Spliethoff Group has acquired a majority shareholding in fellow multipurpose operator ForestWave for an undisclosed sum. The acquisition takes Spliethoff's fleet to 147 vessels spread across seven brands which also include BigLift Shipping. ForestWave controls a fleet of 30 ships with an average age ...
Hafnia redomiciles from Bermuda to Singapore Hafnia, the world's largest product tanker owner, has been given the go-ahead to redomicile from Bermuda to Singapore. The BW Group affiliate expects the redomiciliation to come into effect by the start of next month. Shares in Hafnia commenced trading on the New York Stock Exchange (NYSE) this April, to go alongside an existing listing ...
Dali leaves US for repairs in China Nearly six months after it made headlines around the world for bringing down Baltimore's largest bridge, the Dali containership finally left American waters yesterday and is headed to Ningbo in China for further extensive repairs. The ship was escorted by the US Coast Guard and three tugs as it left Norfolk, Virginia yesterday, carrying no ...
Chevron retrofits LNG fleet to cut methane slip Wärtsilä, in partnership with Chevron Shipping, is converting one engine on six of Chevron's LNG carriers from dual-fuel (DF) to spark gas (SG) operation, a first-of-its-kind project in the marine industry aiming to reduce methane slip. Wärtsilä's 50DF to SG conversion project is designed to modify the engines in service to operate as SG, using ...
MOL invests in American e-fuels developer Japan's largest shipowner, Mitsui OSK Lines (MOL), is investing in Houston-based e-fuels developer HIF Global. HIF has a production target of about 4m tons per year of synthetic fuel (e-fuel) and synthetic methanol (e-methanol) from green hydrogen derived from renewable energy sources and recycled CO2 in four countries: the US, Chile, Uruguay, and Australia. In ...
GE Vernova mulls cutting 900 offshore wind jobs Energy equipment maker GE Vernova is considering reducing its the size offshore wind business, a move that could cut over half of its workforce in the sector around the world. As was the case with many developers, the company pointed to cost inflation and supply chain issues as the main crux of the sector's problems ...
BW Offshore and McDermott to use FPSOs for blue ammonia production Houston-based offshore contractor McDermott and Oslo-listed floater specialist BW Offshore have entered into a collaboration to advance the technical and commercial viability of offshore blue ammonia production. The collaboration will leverage the combined expertise of McDermott and BW Offshore to advance the development of low-carbon ammonia production aboard an FPSO. According to the two compan
TechnipFMC bags subsea work in Brazil from Petrobras Offshore contracting giant TechnipFMC has been awarded two subsea contracts by Brazilian state-owned oil and gas major Petrobras for work on pre-salt fields offshore Brazil. The first award contract, a substantial one under TechnipFMC standards, is to design, engineer, and manufacture riser flexible pipe. The company will also supply associated services including packing and storage. ...
Daily Briefing Small registries grow at record pace as flag-hopping tankers play regulatory game of 'whack-a-mole' | US retailers 'extremely' worried as...
Small registries grow at record pace as flag-hopping tankers play regulatory game of 'whack-a-mole' Antigua and Barbuda, Barbados, Guyana, Honduras, Sierra Leone, San Marino and Sierra Leone among registries taking on business from dark...
The Lloyd's List Podcast: Is LNG the pragmatic choice for shipping? Hear from three key players across different shipping sectors discuss LNG's role in shipping's race to decarbonise, and find out...
IUMI Berlin: We can be heroes, just for four days Keeping trade flowing is a moral endeavour, and shipping's insurers deserve credit
Finland to call for icebreaking exemptions in IMO emissions regulation The country's alternate permanent representative to the IMO said the Finnish taxpayer was already on the hook for costly icebreaking...
MEPC82: Levy debate to intensify as IMO set to discuss emission reduction measures IMO member states will look to make progress on mid-term emission reduction measures between September 30 and October 4 as...
MPCC seeks $100m bond issue to renew fleet MPC Container Ships wants to raise $100m in senior unsecured sustainability-linked bonds to buy assets and refinance debt. Bond spreads...
Salvors board smouldering Sounion to take stock of damage Tanker has been burning since Houthi attack one month ago
MSC taps containership newcomer Hengli Heavy for ultra large dual-fuel order Deal comes amid a backdrop where smaller builders with earlier slot availability are gaining more business from owners keen to...
Critical compliance tool compromised by GPS jamming Deliberate GPS interference is not unusual in conflict zones and other high-risk areas. While its purpose is often defence related...
MOL invests in US e-fuel producer HIF MOL becomes the first shipping company to invest in e-fuel producer HIF, which secured $220m in total equity investments in...
ZPMC appoints financial head Zhu Xiaohuai as president Zhu, who previously served as the crane maker's executive director, will maintain his role as the company's financial head following...
NY-NJ port stakeholders scrambling ahead of strike threat Nearly 30 ships are bound for the Port of New York and New Jersey as marine terminals and ocean carriers prepare for a possible dockworker strike.
FedEx Freight realigns in rapidly changing US LTL market Cutting terminals as freight volume drops, FedEx Freight is positioning itself for growth and a possible separation from its parcel carrier parent company in 2025.
Midterm emissions plan to take center stage at upcoming IMO meeting Under the spotlight at MEPC 82 are midterm measures consisting of a technical element to reduce GHG intensity of fuels and a pricing mechanism to narrow the gap between fossil and green fuel.
Wrongful death claim filed in Dali legal row over worker who fell to death Guatemala native's body was last to be found after March tragedy
Jacksonville port scores $23m for deal with German crane maker Funding allows JAXPORT to order third container handling crane from Liebherr
IMO official admits greenhouse gas strategy timescale is 'ambitious' Heike Deggim highlighted the need to support developing countries in decarbonisation transition
'Protectionism is one of the biggest challenges that we are facing,' says ICS Increased barriers negatively impact global trade, says Guy Platten
Cargo ship hit by Russian missile debris in Odesa with injuries reported Russia confirms hitting warehouses and dry cargo ship allegedly carrying western missiles to Ukraine
Panamax period deals popping up as spot market starts to look a little less mediocre Confidence and sentiment are growing stronger - but gradually
Greek bulker player Seastar re-enters ultramax arena with Japanese-built vessel An acquisition previously attributed to Costamare turns out to have been done by a different Hellenic player
Wavelength Podcast: How a faulty wire could save Dali's owner millions and Chinese-built ships are facing US port fees The 'accident waiting to happen' in the icy Baltic, and how shipowners fail on ESG reporting
Aframax diverts after Greek refinery fire as Procopiou VLCC makes it to berth Shipping data shows Samos Steamship now heading to Spain after futile wait off Corinth plant
Watch up: 'Big-brother' e-LNG is about to start delivering for shipping Developers urge maritime industry to dive in early as sector starts its build-out
Port strike threat sees container giants deploy fresh surcharges Surcharge revenues and higher-than-expected rates could prop up operators earnings
Louis Dreyfus sees shipping volumes rise in a market facing new and ongoing geopolitical crises Company claims 'strong results' despite geopolitical challenges
Inside Seaspan: Understanding major newbuilding investments and what comes next Shipowner and tonnage provider is moving into car carriers and potentially, feeder ships, says COO Torsten Pedersen
Former Scorpio Tankers ships snapped up by Turkish and Dubai-based players One product tanker joins established Istanbul firm Mercan Holding while the second is linked to a new name in shipping
Iconic former Royal Mail ship up for sale after conversion to mobile racing hub UK broker Eggar Forrester marketing the St Helena six years after handling earlier disposal
Hanwha Ocean unwraps its zero-emission LNG carrier Shipbuilder unveils rival cargo containment system to established membrane design
Alpha Bulkers vessel rescues fishermen stranded for days on sinking boat Bulker saved the lives of five men in the South China Sea
Spliethoff takeover of ForestWave Navigation creates multipurpose giant All-Dutch deal marks further consolidation by one of the sector's largest players
Captain Pappu Sastry charts London IPO course for Adhira Shipping six months after taking control Father of two offers the inside line on a business plan aimed at opening global doors for mining companies
Port party marks 150th anniversary of insurance lobby Major marine players gather as Berlin meet wraps up
Russia's shadow tankers face blacklisting blitz, warns EU sanctions chief Sanctions chief also probing about 300 front companies involved in operating vessels
How $127bn carbon pricing revenue stream could help in shipping's fuel transition Shipping could be a $127bn cash cow, so use the money to help developing countries produce the fuel it needs
Cost and effect: UN body reveals impact of shipping's green ambitions IMO member states to decide decarbonisation policies as reports from DNV and UNCTAD unpack effects
'That's how we roll': Frontline sights private tanker deals with stock a trump card, chief executive says Norwegian owner considering whether it can use its strong stock price as currency
Damaged ship with explosive Russian cargo heading into Baltic Sea in search of safe harbour Destination of vessel carrying potentially explosive cargo remains a mystery
Shandong Shipping extends Guaibamax bulker order with extra newbuildings Company now has six methanol dual-fuel 325,000-dwt ore carriers on order at Qingdao Beihai Shipbuilding
Baltimore bridge crash ship departs US following repair work six months after disaster Container vessel is headed to Ningbo, China, almost six months after tragedy
Hanwha Ocean takes wraps off its zero emission LNG carrier Shipbuilder unveils rival cargo containment system to established membrane design
Excelerate Energy buys reliquefaction kit for single FSRU retrofit Company details it is building its lone FSRU newbuilding 'reliq ready'
Maersk-chartered Dali departs US after repair work at Virginia port Container ship headed to Ningbo, China, almost six months after tragedy
Pertamina International Shipping poised to launch LR2 newbuilding tender A new overseas office, secondhand LNG carriers and moves into untapped sectors for company which plans to triple its business by 2034
Port of Los Angeles sees busiest month outside pandemic The Port of Los Angeles handled 960,597 twenty-foot equivalent units in August, a 16% increase over the previous year and the busiest month ever outside the pandemic. Eight months into [...]
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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