USCG Alaska responds to burning car carrier Morning Midas UPDATED: In the wake of the Felicity Ace incident, car carrier fires involving EVs continue to be a concern and in a post on X, USCG Alaska yesterday reported that it was
MAN Energy Solutions gets a new name: Everllence MAN Energy Solutions is now operating under a new name: "Everllence." The new brand identity applies worldwide. CEO Uwe Lauber symbolically unveiled the new company nameplate at headquarters in Augsburg, Germany, earlier
We Asked AI: AI robots handling shipping operations Artificial intelligence robots are increasingly being used to control and optimize shipping operations across global ports and logistics hubs. These advanced systems manage tasks such as cargo loading, vessel scheduling, container stacking, and real-time tracking with greater speed and accuracy than human operators. By analyzing vast amounts of data, AI robots can predict delays, recommend effici
China's military posturing affects shipping realignments in Indian Ocean As China continues its assertive military drills across key Indo-Pacific maritime routes, ripples of geopolitical tension intersect with dramatic shifts in maritime trade logistics. The prolonged insecurity in the Red Sea, punctuated by missile attacks and drone strikes, has forced global shipping lines to abandon the Suez Canal, rerouting vessels around the Cape of Good Hope and injecting new st
MAN Energy Solutions rebrands as Everllence MAN Energy Solutions has officially rebranded to Everllence, marking a pivotal step in the company's strategic evolution. The new global identity underscores its expanding role in the transition toward sustainable, low-emission technologies. The rebranding was symbolically inaugurated by CEO Uwe Lauber at the company's headquarters in Augsburg, Germany. Concurrent unveiling ceremonies also took p
HHLA acquires majority stake in Ukrainian terminal Hamburger Hafen und Logistik AG (HHLA) has decided to invest in a Ukrainian terminal, acquiring 60% of the shares in Eurobridge Intermodal Terminal LLC in Batiovo, western Ukraine. The terminal will be operated under the name "HHLA Eurobridge Batiovo" as a joint venture between HHLA International GmbH and the Ukrainian investment company Fortior Capital LLC. The German operator will acquire the m
India vows to emerge as shipbuilding power through external partnerships India's shipbuilding sector is experiencing a strategic transformation, driven by a convergence of geopolitical motives, national industrial goals, and ambitious maritime visions. Under Prime Minister Narendra Modi's leadership, India has launched a deliberate campaign to not only strengthen its indigenous shipbuilding capabilities but also to assert itself as a maritime power capable of counteri
Sierra Leone's Freetown Port prepares for digital transformation A needs assessment mission conducted in Sierra Leone from 26 to 30 May has laid the groundwork for the introduction of a Maritime Single Window (MSW) system at the Port of Freetown. The MSW is a centralized digital platform designed to streamline the exchange of information between various stakeholders and agencies involved in ship arrivals, port operations, and departures. By consolidating forma
APM Terminals Lázaro Cárdenas receives six new electric cranes APM Terminals Lázaro Cárdenas has received six cutting-edge electric automated rail-mounted gantry cranes, marking a significant step forward in modernizing Mexico's logistics infrastructure. These cranes deliver enhanced efficiency, greater operational safety, and zero direct emissions, an important achievement as the terminal prepares for its Phase II expansion set to launch in 2026. To date, A
Crew evacuated after fire on Zodiac car carrier Fire broke out on a Zodiac Maritime-managed car carrier off Alaska on 3 June. All 22 crewmen on the 2006-built, 4,902 CEU Morning Midas were evacuated after the fire occurred around 11 pm UK time that day. Morning Midas, which has been chartered by SAIC Anji Logistics, the shipping arm of Chinese carmaker SAIC Motor, since 2023, departed Yantai, China, on 26 May, and was bound for Lazaro Cardenas
Hapag-Lloyd's HGT orders new equipment for French terminal Hanseatic Global Terminals (HGT) has ordered 14 hybrid straddle carriers from Kalmar for its terminal, Compagnie Nouvelle de Manutentions Portuaires Le Havre (CNMP LH), in France. The delivery of the port equipment is scheduled for the second quarter of 2026. Hapag-Lloyd's port and terminal operator HGT acquired 60% of the shares in CNMP LH in March 2025. The terminal is located at the Port of Le
APM Terminals and CATL launch partnership to support energy transition in port terminals Contemporary Amperex Technology Co., Limited (CATL), an innovative technology provider, and APM Terminals announced a strategic partnership to collaborate in the energy transition of the global logistics industry. Grant Morrison, head of APM Terminals global asset category management and Akin Li, executive president of CATL overseas car business, signed a cooperation agreement on behalf of both p
National Fleets: Saudi Arabia, India, and South Africa signal shift in global trade In a world where maritime routes are increasingly contested and supply chain resilience has become a matter of national security, Saudi Arabia, India, and South Africa are each preparing to reclaim or assert their roles as shipping powers. These three nations, positioned strategically across the Red Sea, Indian Ocean, and the southern tip of Africa, are laying the groundwork for new national comm
Hamburg Port Authority and ONE ink shore power supply deal Dr. Melanie Leonhard, Hamburg's Senator for Economic Affairs, Friedrich Stuhrmann, Chief Commercial Officer (CCO) of the Hamburg Port Authority (HPA), and Takahiro Kikuchi, Managing Director of Ocean Network Express (Europe) Ltd. (ONE), signed an agreement on the future use of shore power supply. The signing ceremony took place along the sidelines of the "Transport Logistic 2025" trade fair in Mu
Crewing in the digital age In the latest instalment from Ship Concept 2035, our brand new magazine, Splash reporters detail a recent, pertinent workshop at Geneva Dry. Starting off the 2025 edition of the world's leading commodities shipping event, Geneva Dry, was a specialist workshop sponsored by Inmarsat exploring how connectivity at sea drives digitalisation, decarbonisation and particularly crew welfare. ...
MAN Energy Solutions changes name to Everllence Ship engine manufacturer MAN Energy Solutions has changed its name and will from now on be known as Everllence. Everllence remains part of the Volkswagen Group, and the company's product and service portfolio also remains unchanged. To commemorate the occasion, CEO Uwe Lauber symbolically unveiled the new company nameplate at headquarters in Augsburg, Germany. Simultaneously, ...
HHLA buys majority stake in Ukrainian intermodal terminal Hamburger Hafen und Logistik AG (HHLA) has decided to invest in another terminal in Ukraine. The company is acquiring 60% of the shares in the Eurobridge Intermodal Terminal in Batiovo in western Ukraine. HHLA sees Ukraine as a hub for continental container transport and is simultaneously strengthening its position in European rail freight transport. The ...
Dali VDR transcript released The National Transportation Safety Board (NTSB) in the US has released the audio transcript from the Dali containership's voyager data recorder (VDR) on the night of March 26 last year when it slammed into Baltimore's largest bridge, creating one of the most high-profile shipping accidents of the decade to date. The minutes leading up to ...
COSCO launches MPP fleet push with up to 30 newbuilds China's COSCO Shipping Bulk has signed up for a massive newbuilding programme in the multipurpose segment that could see up to 30 newbuildings delivered for a total of $1.5bn. The dry bulk arm of the Chinese behemoth COSCO Shipping has teamed up with compatriot Citic Financial Leasing (Citic FL) for 15 firm 80,000 dwt MPPs ...
Tailwind buys five boxships from Peter Döhle Tailwind Shipping Lines, the container shipping arm of Germany's Schwarz Group, has confirmed the acquisition of five 8,400 teu LNG dual-fuel newbuilding vessels originally ordered by fellow German owner Peter Döhle Schiffahrt. The deal marks Tailwind's first foray into owning newbuilds and underscores its transition from a stopgap logistics solution to a permanent player in ...
Solstad reveals details of $210m Petrobras AHTS deals Norwegian offshore vessel owner Solstad Offshore has disclosed the details of two AHTS contracts with Brazilian oil and gas giant Petrobras. The company won the contracts for two at the time unnamed anchor handling tug supply (AHTS) vessels, as well as for the 2002-built Normand Flower construction support vessel (CSV) in late April. The company ...
Spain's JSV Logistic acquires boxship resale Spain's JSV Logistic has acquired its first-ever owned vessel-a 1,200 teu containership nearing completion at a Chinese shipyard (pictured) -marking a strategic shift from its long-standing reliance on the charter market. Alphaliner is reporting the vessel was purchased for EUR38m ($43.3m) from German shipowner Reederei Jüngerhans. To be renamed Mila Green, the vessel will be ...
French offshore wind farms to curb production during negative prices The French government and two offshore wind developers have amended their power purchase agreements, which will enable the shutdown of offshore wind farms during periods of negative prices. The changes permit the farms to either reduce or completely stop production during times of negative pricing. This comes as a response to issues grid operators across ...
Quarter of all box tonnage now deployed on Asia-Europe tradelane The Red Sea shipping crisis - and the need to take the far longer route via the Cape of the Good Hope - has seen the proportion of containerships globally deployed on the industry's top tradelane jump from a fifth to a quarter of all tonnage, according to a new study from Alphaliner. In just ...
Denmark awards first-ever offshore wind farm life extension permit The Danish Energy Agency has extended the electricity production permit for the Samsø offshore wind farm by 10 years. This is the first time in the country's history that an older offshore wind farm has had its lifetime extended. The EU's emergency regulations were applied to shorten the permit process. The Samsø wind farm was ...
Höegh Autoliners behind groundbreaking ship upcycling project in Norway In a landmark announcement on the Blue Talks stage at Nor-Shipping, Höegh Autoliners and Nordic Circles unveiled a pioneering agreement that could revolutionise ship recycling and the construction industry alike. The NOK1.3bn ($128m) initiative will upcycle decommissioned vessels from Höegh Autoliners into certified, low-emission building materials-entirely within Norway, without melting, exporti
John Kerry urges shipping to take climate lead Former US secretary of state John Kerry delivered a message of climate leadership during a high-profile panel at Nor-Shipping yesterday, sharing the stage with Andrew Forrest, chairman of Fortescue Metals Group, and Andreas Enger, CEO of Höegh Autoliners. The session focused on the intersection of energy policy and maritime decarbonisation, highlighting the sector's crucial role ...
New Korean president wants to relocate HMM's headquarters from Seoul to Busan South Korea's new president Lee Jae-myung has outlined some plans to decentralise administration away from Seoul, including shifting national shipping line HMM's headquarters from the capital to Busan, the country's second city and leading port. Busan's mayor, Park Heong-joon, has welcomed the planned relocation of the state-owned shipping line, saying: "Having HMM in Busan would ...
What will be powering ships in the 2030s? Realistic, pragmatic, or jaded? Splash readers are a funny bunch. Despite the huge amount of articles and columns carried every week on decarbonisation, 49% of respondents to our survey for our new Ship Concept 2035 magazine reckon that the majority of the global fleet come 2035 will still be using traditional bunker fuel. Arguably no ...
Record number of LR2s trading dirty, yet product tanker rates still tepid Geopolitical events are causing ongoing distortions in product tanker trades - the historic shift of LR2s from clean to dirty trades...
Shipping should worry about the economy, not geopolitics Shipowners must diversify finance options and use healthy periods to improve their balance sheets to weather increasingly bumpy spells
European banks positioning themselves to capitalise on Chinese leasing exits While Chinese leasing houses insist the fallout from US ports fees will be minimal, European banks are receiving a growing...
Newbuilding orders dip to four-year low in year to date Allied Shipbroking research says contracting indicates prevailing caution across the industry
EU under pressure to scrap green regulations The EU is under pressure to scrap or align its ETS and FuelEU regulations to avoid double-taxing shipping once the...
Palmali v Litasco ruling shows deals must be realistic 'The key question was whether the contract was valid or not. The court decided it was not valid,' said Craig...
Northern Europe port congestion to last until at least August Northern Europe's container ports are still experiencing significant congestion, with carriers adjusting services to avoid the worst-affected locations. Rotterdam, Antwerp...
Euroseas says 20-year-old boxship sets new high with three-year charter Daily rate of $38,000 puts 4,250 teu Emmanuel P among fleet's highest earners
Dual-fuel vessel deliveries set to peak in 2025, led by containerships and vehicle carriers The liner shipping sector continues to make up the majority of the alternative fuel-capable vessel fleet
Date set for Solong manslaughter trial Russian master of boxship pleaded not guilty at hearing on Monday
The Daily View: The science of persuasion
Crew evacuated from Zodiac Maritime vehicle carrier in Pacific Ocean after fire UK shipowner Zodiac Maritime has confirmed fire started within a deck loaded with electric vehicles
CSSC removes another senior executive amid ongoing management overhaul The shake-up follows the disappearance of several high-ranking officials and comes as CSSC seeks to consolidate its industry dominance amid...
Trump 2.0 trade war and energy shipping: VLECs now in the crosshairs US crude and LNG exports to China are suspended. Propane exports are falling. US ethane exports to China are next...
Daily Briefing Dark fleet bigger 'problem' than shipping acknowledges | Panama blasts 'misleading claims' on Iran oil complicity | Nuclear power a...
Weak US industrial activity casts cold light on LTL demand outlook Lower LTL volumes are likely in the coming months, but pricing remains elevated, according to producer price index data.
Growing project cargo scale testing transport limitations, but driving innovation Larger components are pushing handling boundaries with an increasing number of locations too small to accommodate growing cargo sizes.
Maersk's contract logistics business adds New Jersey warehouse The carrier continues to ramp up its non-ocean businesses that were acquired from Performance Team with the lease of a new warehouse located about 10 miles from the Port of Philadelphia.
MSC juggles India-Europe network rotations amid Asia cargo rush Adding to recent capacity cutbacks, the carrier has redeployed vessels serving its premier Himalaya Express service between India, Europe and the Mediterranean onto Asian trades.
China's Zhoushan Changhong nets up to eight LR2 tanker newbuildings worth around $530m Shipyard is scheduled to deliver series of 115,000-dwt product carriers between 2026 and 2028
Chemical tanker rates from US Gulf Coast slide to low for the year Different factors impact trades to Europe, South America and Asia
Union Maritime launches lease financing scheme to boost wind propulsion adoption London-based owner teaming up with sail and rotor producers to help fund retrofits
US-China tensions won't go away with Trump, Wah Kwong chairman Hing Chao says Hong Kong could play crucial role in solving 'puzzles that don't really fit together'
Propeller Club's new Norway chapter aims to foster dialogue amid geopolitical uncertainty US-Norway relations in focus as professional club opens doors in Oslo
Secondhand capesize sales plunge by nearly half as asset values drop, analyst says Veson Nautical's Rebecca Galanopoulos logs just 46 deals so far in 2025
Can VLCC owners put up a fight as charterers drive down rates still further? Older ships making low offers are not helping the situation
Evangelos Marinakis 'extremely disappointed' by returns to date on high-spec newbuildings Greek shipowner shares thoughts on major strategic play and future newbuilding orders in China and elsewhere
JP Morgan linked to MR disposals as buoyant tankers see 'more sales than bulkers' But brokers say price sentiment for clean carriers drifting downward
MAN gone: Leading engine maker changes name to Everllence New moniker highlights move into more environmentally focused technology solutions
How many dark fleet tankers could rejoin the mainstream? Trafigura has run the numbers Estimate based on the vessels' age, quality and trades
South Africa revamps plan to set up national shipping line Steering committee will look into purchasing assets or local companies
US judge places hold on own order blocking Trump tariffs Judicial impediment removed for now, but legal cloud over trade policy remains
World's largest shipowner will continue to order at Chinese yards Trump's anti-China policies will not change Gianluigi Aponte's policy for now, MSC executive says
Norway's top carbon negotiator defends IMO deal as shipping faces major fuel shift 'You cannot put in the menu things that some have serious allergies to', says Sveinung Oftedal
US protectionism pushing China and rest of the world closer together, says car carrier boss Lasse Kristoffersen Car markets and seaborne trade have responded quickly to shifts in US trade policy
John Fredriksen is as engaged as ever, Frontline boss insists, as retirement speculation swirls Recent sales do not mean the magnate is hanging it up, Frontline CEO says
Greek marine insurance broker pair snapped up by Germany's Georg Duncker Ambitious German firm makes strategic move with its first acquisition of an overseas marine broker
Vitol tankers and gas carriers hit IMO targets six years early after retrofits Latest ESG report reveals trader and shipowner has cut carbon intensity by more than 40%
Commercial shipbuilding in China fuelling build-up of naval capacity as global tensions mount New US-China superpower rivalry will play out at sea, Norwegian professor says
'Britain has gone to hell,' says John Fredriksen after shutting London base Shipping tycoon lays into taxman and home working as his outspoken tour of Nor-Shipping continues
Sanctions on Russia have failed, say major shipping figures With one-quarter of the global tanker fleet working in dark trading, powerful voices argue that measures are coming up short
Angeliki Frangou's Navios snaps up newbuilding resales to stack product tanker orders Company has 12 aframax product tankers on order at China's Zhoushan Changhong Shipyard
HD Hyundai and ZeroNorth form tech alliance to boost vessel efficiency Shipbuilder's Avikus will add autonomous operations expertise to Danish optimisation platform
MOL to fit fuel cell to LNG newbuilding to cut emissions in pilot application Shipowner and Samsung Heavy Industries win approval in principle for new design
Zodiac-managed car carrier hit by blaze in Pacific as crew forced to abandon ship UK operator and US Coast Guard respond to casualty off Alaska
BW LNG chief executive scoops Wista Norway leadership award at Nor-Shipping Prize recognises male and female leaders who have outstanding contributions to Norway's maritime sector
Panama deflags more than 650 vessels since 2019 due to sanctions Maritime authority rejects claims that it supports Iran's oil trade
Tanker owner Torm takes full control of Danish scrubber maker Product carrier specialist lifts stake to 100% in ME Production
'Warrior ethos': US Navy to rename tanker commemorating gay rights activist Harvey Milk Defence secretary Pete Hegseth continues to root out diversity and inclusion
'We need inclusive networks in shipping' Captain Jaquelyn Burton was once told 'women don't belong on ships'
New benchmark: Euroseas wins big pay rise for veteran boxship over three years Greek owner again pulls off the trick of getting value from elderly tonnage
'Pure madness' to short crude tankers, hedge fund manager Tor Svelland says Svelland sees 'very fragile supply side' in shipping
MOL to fit fuel cell to LNG newbuilding in pilot application to cut emissions Shipowner and Samsung Heavy Industries win Approval in Principle for new design
'Time to money': Oslo a 'special' place for stock listings, shipowners say Speed and efficiency attract shipping companies
'Pure madness' being short crude tankers, hedge fund manager Tor Svelland says Svelland sees 'very fragile supply side' in shipping
Mexican carrier Awesome Cargo receives first heavy-duty A330 freighter Awesome Cargo will soon begin flying its first main-deck freighter after starting out with a couple of seat-free passenger aircraft that can only carry light boxes in the cabin.
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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