HKKF takes delivery of two advanced new hybrid ferries Hong Kong & Kowloon Ferry Limited (HKKF) has taken delivery of two new state-of-the-art hybrid ferries. Designed by Incat Crowther and built by Hong Kong-based Cheoy Lee Shipyards, the new 40-meter ferries
Navy will sideline 17 MSC ships to ease mariner stress Under a plan approved Oct. 30 by Secretary of the Navy Carlos Del Toro, and disclosed by the Navy yesterday, the U.S. Military Sealift Command (MSC) is to sideline 17 ships to
MSC enhances NWC-Morocco to West Africa service Swiss/Italian box carrier MSC announced enhancements to its NWC-Morocco to West Africa service, strengthening trade connections between Europe and West Africa through new direct calls. This marks the company's first direct service from Northwestern countries to Angola, Congo, and DR Congo, offering transport solutions for dry, reefer, and project cargo. Key updates to the service include: Direct
Port of Oakland to receive US$50 million grant for infrastructure upgrades The Port of Oakland has secured approximately US$50 million in funding from the U.S. Department of Transportation Maritime Administration (MARAD) to modernize wharves and terminal infrastructure at its Outer Harbor. These upgrades aim to facilitate the accommodation of Ultra Large Container Vessels (ULCVs) at the Californian port, now a common feature of West Coast shipping routes. With handling
CMA CGM increases rates from Asia to Med and North Africa Starting from 1 December until further notice, French ocean carrier CMA CGM will implement new Freight All Kinds (FAK) rates for shipments originating from all Asian main ports and destined for all Mediterranean base ports. The following updated rates will apply to dry, out-of-gauge (OOG), and paying empties cargo types. 20' 40'/40'HC West Mediterranean US$4,500 US$6,500 Adriatic US$4,600 US$6,60
CrimsonLogic and Newage transform freight management in North America PSA International-subsidiary CrimsonLogic, a provider of digital trade, digital ports, and technology solutions has announced a strategic partnership with Newage Software & Solutions, a logistics technology firm. This collaboration integrates CrimsonLogic's Advance Commercial Information eManifest House Bill (ACI eHBL) solution directly into NewageNXT, a freight management ERP platform. The integ
Major carriers record 600% growth in Q3 earnings The major ocean carriers reported a combined EBIT (Earnings Before Interest and Taxes) of US$17.06 billion for the third quarter of 2024, marking a 600% year-over-year increase. Sea-Intelligence noted that this growth excludes ZIM, which reported a one-time non-cash impairment loss of US$2.06 billion in Q3 2023, as including this would artificially inflate the year-over-year comparison. Of these
Wallenius Wilhelmsen and United European Car Carriers expand their PCTC fleets Scandinavian shipping company Wallenius Wilhelmsen has declared two out of four options for the 11,700 CEU "Shaper" class of pure car truck carriers (PCTCs). These ships will be constructed by China Merchants Jinling Shipyard, with expected delivery in the latter half of 2028. In addition, two current orders for 9,300 CEU vessels will be upgraded to the 11,700 CEU "Shaper" class. Consequently, th
Push Notifications In Advertising Campaigns: How To Achieve High Conversion And Customer Retention Well-known push notifications are clickable pop-up messages that appear in the browser, on the desktop or in the notification area on a smartphone. Push notifications are needed so that companies can quickly send messages, favorable offers and other information to their target audience. According to various estimates, the number of clicks on push notifications is 4-8 times more than on e-mail mes
ONE introduces two intra-Europe services Ocean Network Express (ONE) has announced the launch of two new services, SCX (Scandinavia Express) and IBC (Iberia Europe) aiming to enhance operational efficiency and schedule reliability. The port rotation of the SCX service will be Rotterdam (Netherlands) - Gothenburg (Sweden) - Helsingborg (Sweden) - Aarhus (Denmark) - Copenhagen (Denmark) - Rotterdam. The port rotation of the IBC service wi
Port of Osaka surpasses 1.6 million TEUs in 2024 so far In October, the Port of Osaka handled 190,844 TEUs of oceangoing containers, marking an 11.8% year-on-year increase and achieving growth for a second consecutive month. Exports reached 88,664 TEUs, up 10%, while imports totalled 102,220 TEUs, up 13.5%. Moreover, laden containers accounted for 139,800 TEUs, translating to a 13.9% increase, with exports at 40,087 TEUs (up 11.8%) and imports at 99,7
Container lines refresh East-West service network Leading ocean carriers have announced several changes in their East-West trade services, signifying a dynamic shift in trade dynamics. 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 .
PSA Antwerp and Combinant boost terminal-rail connectivity PSA Antwerp, a deepsea terminal operator, and Antwerp-based rail terminal Combinant have signed a Memorandum of Understanding (MoU) to create an integrated service enhancing connectivity between PSA's deepsea terminals and the Combinant Rail Terminal at the Port of Antwerp. This collaboration aims to promote a modal shift from road to rail, strengthening maritime intermodal rail solutions within
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Chipolbrok orders two new multipurpose vessels Chinese/Polish transport company Chipolbrok aims to enhance its ship fleet with two new multipurpose vessels. Chipolbrok has sent an order to China's Chengxi Shipyard, which will construct the two ships with a capacity of 61,600 dwt, including 800 TEU container capacity, a draught of 13.5 metres, and four cranes separated into 2x 80 tons and 2x 150 tons (combinable). The two vessels are expected
Evergreen enhances container fleet with massive US$187 million order Taiwanese major ocean carrier Evergreen has ordered 60,500 new containers for a total of US$186.8 million. The overall cost means that each container will cost US$3,087 on average, which suggests that the majority of the units will be 40'. According to the DynaLiners' report, Evergreen has sent three separate orders to the following container manufacturers: Source: DynaLiners If you liked this po
Messina Line receives 4,000 new containers Messina Line, the maritime shipping division of Ignazio Messina & C., one of Italy's most historical shipping lines, has received 4,000 new containers. The new boxes are dry 20' units and are expected to enhance the container fleet of the Italian company. "Considering it [Messina Line] has all but transitioned from multipurpose container-Ro/Ro to full container operations, the investment is under
Cosco orders twelve 14,000 TEU methanol vessels Cosco Shipping Holdings has received shareholder approval to order a series of twelve methanol-fuelled container ships of 14,000 TEU capacity. The delivery of the vessels is expected to commence in mid-2027 and be completed by early 2029, while the cost of every boxship is estimated at US$179.5 million. The vessels will be built by the Chinese shipyard Cosco Shipping Heavy Industry (Yangzhu). If
Liberian and Korean registries grant AiP to SHI for wind-powered LNG carrier design The Liberian Registry, the world's largest ship registry, and the Korean Register (KR) awarded Samsung Heavy Industries (SHI) Approval in Principle (AiP) on 19 November for the basic design of an LNG carrier equipped with wing sails. This eco-friendly auxiliary propulsion system generates thrust by creating lift through a pressure difference across the upper and lower sections of the wing-like sa
China's Greater Bay Area to rival New York and Silicon Valley as global tech and economic hubs The Greater Bay Area (GBA) initiative is a cornerstone of Beijing's long-term vision for economic development and global competitiveness. By integrating Hong Kong, Macau, and nine cities in Guangdong province into a cohesive economic cluster, the GBA aims to rival leading global economic hubs like the New York Metropolitan Area and the San Francisco Bay Area. This content is locked Select a CN Pr
Solstad Offshore rakes in $60m worth of new deals Norwegian vessel owner Solstad Offshore has won a total of 900 days of work in multiple new contracts and contract extensions worth $60m. The company's 2008-built CSV Normand Valiant has been awarded a 1.5-year firm contract with Petrobras in Brazil. The start of the contract is scheduled for February 2025 in direct continuation of the ...
Scrubber installation costs plummet In just over a month it will be the fifth anniversary of the global sulphur cap, and debate continues to rage about the environmental benefits brought about by the regulation and the subsequent mass adoption of scrubbers. Shipowners continue to favour scrubbers for large newbuilds, with the price of installation dropping dramatically recently. According to ...
Vertom orders MPP series in India Dutch shipping group Vertom has ordered four newbuild geared tweendeckers at Chowgule Shipyards in India for fleet renewal. The Rhoon-based outfit, which operates over 100 vessels ranging from 1,500 to 12,000 dwt, will be adding the new 10,700 dwt units to its fleet in 2027 and 2028. Vertom said the vessels have been designed to ...
SBM Offshore secures $1.5bn financing for Jaguar FPSO Dutch floater expert SBM Offshore has completed the project financing of FPSO Jaguar for a total of $1.5bn. The project financing was fully secured by a consortium of 16 international financial institutions. The company expects to draw the loan phased over the construction period of the FPSO. The project loan is in line with the ...
Aramco suspends another Shelf Drilling jackup United Arab Emirates-based jackup rig pure-play Shelf Drilling has received another notice of suspension of operations for one of its rigs. Shelf Drilling said the rig in question was the High Island II jackup currently under contract with Saudi giant Aramco. The company did not reveal the customer in its Oslo Bors filing, however, its ...
EuroDry signs for ultramax newbuilds Nasdaq-listed Greek dry bulk owner EuroDry has turned to a Chinese shipyard to expand and modernise its fleet. The Aristides Pittas-led company has contracted two ultramax newbuilds at Nantong Xiangyu Shipbuilding for delivery in the second and third quarters of 2027. EuroDry is paying $71.8m for both 63,500 dwt ships, which will be geared, eco, ...
Dutch firm orders subsea rock installation vessel duo for offshore wind market Rotterdam-based CSL OWL Subsea Rock Installation (CSL OWL SRI), a newly formed partnership between The CSL Group and Offshore Wind Logistics, has ordered two subsea rock installation vessels tailored for the offshore renewable energy sector. Each vessel will have a cargo capacity of 17,500 tonnes and will be equipped with dynamic positioning. They will be ...
Dutch government beefs up security around offshore assets amid growing Russian threat The Netherlands has revealed plans to temporarily enlist private company personnel and equipment to bolster the security of offshore assets in its section of the North Sea. The country's Defence Ministry confirmed media reports earlier in the week and stated that the decision follows last year's reports from the Dutch Military Intelligence and Security Service ...
Ship engines develop allergy to cashew nut fuel Shipowners have been told to avoid selecting fuel made from cashew nutshells, a niche fuel that has been found to cause problems in engine rooms. Bunker fuel tester CTI-Maritec has reported that several ships fuelling up in Singapore and Rotterdam have reported operational problems including fuel sludging, injector failure, filter clogging, system deposits and corrosion ...
Spliethoff targeted by the Australian Maritime Safety Authority The Australian Maritime Safety Authority (AMSA) has banned the Netherlands-flagged general cargo ship Marsgracht from entering Australian ports for 180 days following two incidents this year where the vessel was found to have wrongly stowed dangerous goods contrary to the International Maritime Organization's International Maritime Dangerous Goods (IMDG) Code. "This recurrence highlights systemic
PSA Antwerp boosts rail links Terminal operator PSA Antwerp and Antwerp-based rail terminal Combinant will establish an integrated service to optimise the connectivity between PSA's deepsea terminals and Combinant Rail Terminal in the Port of Antwerp in order to facilitate a modal shift from road to rail at one of Europe's most important boxports. "As businesses increasingly seek fast, cost-effective, ...
Where Hong Kong leads the world Managing vessels is something the Special Administrative Region does better than most. The latest installment from our brand new magazine being distributed across Hong Kong Maritime Week. Hong Kong remains one of the world's greatest centres for shipmanagement with a number of the biggest brands in the sector headquartered in the Special Administrative Region (SAR). ...
Could tough Trump tactics on China shrink markets for Western owners? The larger China's role in shipbuilding and the greater its control of the global fleet, the more Western owners could...
Has Denmark challenged the right of innocent passage? Watch Yi Peng 3 to find out The swift and aggressive response to Yi Peng 3 is insightful and suggests a co-ordinated decision by Nato allies
Customers must choose to make greener shipping happen, Höegh Autoliners CEO says Höegh Autoliners chief executive Andreas Enger is more bullish than most that ammonia will be the future fuel for deepsea...
Container spot rates to US west coast keep falling despite cargo front-loading hype Spot freight rates for container shipments from Asia to the US west coast continue to slide. Either US importers are...
What happened to shipping's innovation boom? Lloyd's List editor-in-chief Richard Meade speaks to shipping's thought leaders to find out where the true innovation in the industry...
Panama flag begins registry clean-up to kick out substandard, sanctions-circumventing ships In an acknowledgement of the geopolitically led bifurcation of global trade, the new head of Panama's registry Ramon Franco said...
Dynagas Partners reinstates dividend after five-year hiatus Prokopiou-backed, US-listed partnership aims to grow in core LNG carrier business but is also eyeing up 'other shipping sectors'
Product tankers star in Pyxis' stronger third-quarter result After diversifying into bulkers, Pyxis eyes further acquisitions, 'primarily' on product tanker side
AMSA bans Spliethoff cargoship from Australian ports The authority considers Spliethoff to be a 'poor performing operator', citing a detention rate that 'significantly exceeds the global average'
Britannia targets 7.5% renewal increase Fellow club Swedish also announced a rate increase of 5%, which places it closer to the average announced so far...
EuroDry inks deal for two ultramax newbuildings Move highlights Nasdaq-listed owner's commitment to growing and modernising its fleet
Hong Kong urged to accelerate, yet tread carefully, in green shipping hub ambition Leveraging mainland China's enormous production potential to supply green methanol fuel is a big focus. However, there are serious warnings...
Protestors blockade world's biggest coal port The group successfully appealed an exclusion zone ordered by the New South Wales Government in the state's supreme court just...
Cosco and SIPG to invest $138m in Anji Logistics The share subscription will enhance the collaboration among the car shipping trio. It follows the establishment of a joint venture...
Eletson families dismiss 'new leadership' as premature Lauded Greek tanker company emerges from Chapter 11 bankruptcy proceedings under hedge fund's plan, but incumbent management in Piraeus says...
The Daily View: Only genuine due diligence will do Your latest edition of Lloyd's List's Daily View - the essential briefing on the stories shaping shipping
Bulker was breaching regulations when crew member was killed, investigation finds The Isle of Man-flagged vessel manoeuvred astern using its own engines when berthing at Puerto Ventanas, Chile, in contravention of...
Daily Briefing An aria of evasion: leaked papers sing sanction-skirting song of Sea Opera | Ukraine's maritime trade forced offline by Russian...
Investors plan to expand US LTL carrier Roadrunner after takeover The acquisition of a majority stake in Roadrunner by an investment group sets the stage for further growth at the carrier as the LTL sector readies for expansion in 2025.
US retailers prepare for new ILA strike threat, tariffs on China imports Major retailers such as Ralph Lauren and Target say they successfully mitigated disruptions from the early October port strike and are ready for the next labor threat and the fallout from likely higher tariffs on Chinese goods.
Freightos, e2open link up on airfreight e-bookings for forwarders By connecting to forwarder-customers of software vendor e2open, Freightos is continuing its push to develop electronic booking capability in the airfreight industry.
Maersk's methanol ship conversion tests retrofitting business case Converting an existing vessel to be able to operate on methanol requires major engineering work and could cost more than building a new ship with a shorter time to depreciate the investment, according to the carrier.
'We can finally turn the page': Saverys company emerges from second tender with 92% of CMB.Tech Former Euronav to remain listed in pursuit of low-carbon shipping ambition
Wavelength podcast: An anniversary no one wanted and the Bahri barometer for tankers Don't miss this week's episode of the TradeWinds audio edition
Red Sea effect splits analysts as Zim given both 'buy' and 'sell' rating Clarksons raises target price to $35 while Fearnleys cuts it to $20
George Procopiou's Dynagas LNG Partners eyes 'other sectors' for growth as dividend returns US-listed outfit posts biggest net profit in 10 quarters
Societe Generale pushing down shipping portfolio emissions with 'selective origination' Maritime head Paul Taylor says French bank expects to show improvement in next Poseidon Principles report
Pyxis 'guardedly optimistic' on tankers and bulkers as it scours secondhand market Greek owner says immediate focus is on share buybacks and debt reduction
Get ready for dividends after Solstad Offshore settles claim on biggest ship Fight started in 2022 over stakes in subsea vessel Normand Maximus
Star Bulk is right to smile on investors with share buybacks, analysts say Clarksons Securities believes Greek owner is correct in eschewing newbuildings and secondhand deals for now
Spliethoff launches probe after being branded 'poor-performing operator' in Australia Dutch owner showed a 'serious lack' of action through double detention this year
Cashew nut-based bunkers clogging ship engines, says fuel tester CTI-Maritec recommends owners stop using fuel made from shells
Demand for 250 capesize bulkers could be added by Atlantic iron ore bonanza, says Clarksons Analysts say need for ships outstrips the 136 vessels on order at shipyards
Kristian Rokke-backed Philly Shipyard failures come to light as Hanwha acquisition creeps closer Lawsuit from Texas customer underscores difficulties at Pennsylvania builder
Fake documents mask Russian oil shipments, sanctions body warns Enforcer publishes list of warning signs that point to evasion of price cap scheme
Bulker owner CSL moves into offshore with order for niche rock installation ships Canadian player teams with Dutch group OWL to forge new business in Europe
Wallenius Wilhelmsen uses option to buy car carrier after value more than doubles in five years Shipowner says purchase price was well below current valuation of $72.5m
Zodiac Maritime orders dual-fuelled product tankers at New Times Shipbuilding Tankers are expected to trade in Europe
Dutch owner Vertom hikes orderbook to 26 ships with fresh deal Company adds bigger geared tweendeckers to existing 12-ship deal in India
Odfjell expands terminal storage capacity in South Korea to boost chemical exports Odfjell Terminals Korea signs MoU with Saudi Aramco's S-Oil
Wallenius Wilhelmsen uses option to buy car carrier after value more than doubled in five years Shipowner says price was well below current valuation of $72.5m
Ship engines are clogging up due to use of cashew nut-based bunkers, says fuel tester CTI-Maritec recommends owners stop using fuel made from shells
Vitol research chief charts swing in Chinese tanker demand Head of research Giovanni Serio says petrol requirements may have peaked, but clean tankers will still be needed to import industrial feedstock
Voyages delayed after pilots refuse to board sweltering ships in Brazil Ships delayed after owners forced to buy new units to keep bridges cool
Chinese oil demand swinging from fuel to petchems, says Vitol Head of research Giovanni Serio says petrol requirements may have peaked, but clean tankers will still be needed to import industrial feedstock
Swedish Club follows pack with premium increase plan Gothenburg ship insurer said the rise is part of a three-year strategy for sustainable growth
'Poor-performing operator': Australia bans another Spliethoff cargo ship Dutch owner showed a 'serious lack' of action through double detention this year
'The great leveller': Why Norden welcomes 'complex' FuelEU Maritime rules As compliance and commercial drivers intertwine, Danish company believes opportunities will be created
Jobs cut at Pacific International Lines as automation drive kicks in Enhanced severance packages and job placement support given to affected employees
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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