Panama Ship Registry moves to end "dark fleet" registrations With flag-hopping continuing to be a favored deceptive practice used by "dark fleet" bad actors, the Panama Ship Registry will no longer accept the registration of tankers and bulkers older than 15
Ulstein to retrofit 2024-built CSOV Olympic Notos for oil and gas contract Underscoring the flexibility of today's large offshore service vessels, Ulstein Verft has signed a contract to retrofit a recently delivered offshore wind vessel, the Olympic Notos, for operations supporting unmanned oil and
Top Women in Maritime 2025 winners announced Marine Log is proud to announce the winners of its 2025 Top Women in Maritime Awards, recognizing 20 exceptional leaders whose achievements are shaping the future of the maritime industry. This year's
Chevron and Closelink automate lube logistics One year after full integration, Closelink and Chevron Marine Lubricants are proving how digital tools can transform marine lubricant procurement. The collaboration links Chevron's OnePort system with Closelink's procurement platform, allowing for near-instant order handling and a new level of automation for the shipping industry. A Seamless Link Between Buyer and Supplier This integration is a f
ANL announces Brisbane omission in AAXE service ANL advises that, due to adverse weather conditions expected to impact shipping operations at the Port of Brisbane, the AAXE vessel Maersk Fremantle 529S will omit its scheduled southbound call at Brisbane. This decision has been made to avoid delays and minimize further disruption to the overall schedule. As part of the contingency plan, Brisbane import cargo (from the hubs) currently on board t
SeaLead confirms compliance amid sanctions on chartered vessels SeaLead has confirmed that several vessels chartered by the company for commercial purposes have been added to the Office of Foreign Assets Control sanctions list. The company assures that all its vessels and ownership structures continue to undergo thorough screening as part of its robust due diligence processes, which include stringent sanction screening and a comprehensive Know Your Supplier p
Dole Ocean Cargo Express to implement terminal handling charge Dole Ocean Cargo Express will implement a terminal handling charge due to increased operating costs at the Port of Puerto Barrios, Guatemala. The new charge will apply to both import and export shipments through Puerto Barrios, as well as all cargo transiting to and from El Salvador. The Terminal Handling Charge will be: US$50 per container, regardless of size or type including reefer, dry, and n
Bilbao Port awards Solar Project The Port Authority of Bilbao has awarded an €11.48 million contract to build four solar photovoltaic (PV) plants within the port area. The project includes engineering, construction, and a two-year maintenance agreement. A joint venture made up of Viuda de Sainz, Radimer Servicios Energéticos, Achiles Ingeniería Fotovoltaica, and Solar 360 (Repsol and Movistar) will carry out the work. The contra
Shadow fleet threatens Panama Canal operations The Panama Canal faces growing threats from the so-called "shadow fleet" of aging tankers designed to circumvent international sanctions, despite recent efforts by Panama to tighten vessel registration requirements. Panama's Maritime Authority announced it will no longer register oil tankers or bulk carriers over 15 years old, targeting what experts call the "shadow fleet". However, it is not sur
ONE enhances service on Vietnam Singapore Express ONE is announcing an enhancement to its Vietnam Singapore Express service through the introduction of a new port call at Qinzhou, China. This strategic update strengthens supply chain efficiency by enhancing connectivity between Singapore and China's inland logistics corridors, while also establishing a direct route between Qinzhou and Vietnam to support smoother and more efficient regional trade
K Line reports Q1 2025 financial results K Line has announced its financial results for the first quarter of fiscal year 2025. The company recorded US$ 48,66 million in equity earnings from unconsolidated subsidiaries and affiliates, including contributions from Ocean Network Express. On a positive note, extraordinary income was recorded from gains on the sale of owned vessels and a partial sale of subsidiary shares. Source: K Line repo
Container loss hits another Evergreen ship Another of Taiwanese liner operator Evergreen Marine Corporation's ships has suffered a loss of containers. The 2011-built 8,508 TEU Ever Lunar was just about to move into Peru's Callao port on 1 August when severe rolling caused about 50 of the 7,000 loaded containers to drop into the water
WiseTech acquires E2open WiseTech Global has officially completed its acquisition of U.S.-based E2open in a US$2.1 billion deal, paid in cash and fully funded through a new syndicated debt facility. The deal brings together two major players in the supply chain and logistics tech space. WiseTech, known for its CargoWise platform, now expands its reach beyond logistics service providers into broader global trade. "This is
QTerminals marks TEU handling milestone at Hamad Port QTerminals has proudly announced that it has surpassed the milestone of handling over 10 million TEUs at its flagship facility, Hamad Port, since operations began. This significant achievement highlights Hamad Port's growing importance in global maritime logistics and its consistent upward trajectory since opening in 2016. The port has rapidly become a vital hub for international shipping, servin
Panama Canal ports become flashpoint in US-China strategic competition Legal challenges to Chinese-controlled facilities could reshape regional influence as Panama considers public-private partnerships. Two critical ports flanking the Panama Canal have become the unlikely center of an intensifying strategic competition between the United States and China, as legal challenges threaten to upend Chinese control over facilities that handle 70% of canal traffic involving
Barcelona and Shanghai Ports sign green corridor agreement The Ports of Barcelona and Shanghai have signed a new cooperation agreement aimed at strengthening ties and creating a Green Shipping and Digital Corridor. The signing took place during a joint visit by Port of Barcelona officials and the Generalitat de Catalunya to the Port of Shanghai. Boosting Collaboration on Sustainability and Innovation Port of Barcelona President José Alberto Carbonell and
WCI dips 1% as rates stabilize As Japan International Freight Forwarders Association (JIFFA) reported, the World Container Index (WCI) edged down 1% in Week 31, according to Drewry. The slight dip suggests that spot rates are finally finding some stability after months of turbulence. Shipping rates surged between May and early June, driven by the U.S. tariff announcement in April. That rush faded fast, and rates began a sharp
Joint bid accepted for evaluation for bulk terminal at the port of Sagunto The Qualification Committee of the Port Authority of Valencia has accepted the bid submitted jointly by Ership, Intersagunto Terminales, and Compañia General De Compras Agropecuarias for the public tender concerning the administrative concession for occupying port public domain land to build and operate a solid bulk terminal at the Port of Sagunto. This terminal will be compatible with current po
ANL announces terminal shift to VICT in Melbourne ANL informs customers that, due to operational requirements, ALS CLIVIA 001S/001N will call at Victoria International Container Terminal in Melbourne instead of the originally scheduled terminal. Customers are advised to check with local terminals for the latest receival information at the respective ports. The post appeared first on Container News .
Lufthansa Cargo adds ITA Asia routes Lufthansa Cargo is expanding its partnership with ITA Airways. Starting September 1, 2025, it will market belly cargo capacities on flights from Delhi, Tokyo-Haneda, and Bangkok to Rome-Fiumicino under its own AWB prefix. This marks the next step in the growing cooperation between the two carriers. Lufthansa Cargo began marketing ITA Airways' South America-Rome capacities earlier this year. The f
Smart cold storage with insulated boxes According to Triton, Refrigerated insulated containers are no longer just for transport. More businesses are now using them for static cold storage,and for good reason. From food distributors to pharmaceutical companies, and even event organizers, many sectors are turning to these containers to protect temperature-sensitive goods. Whether parked at a warehouse or on-site at a remote event, they o
Fincantieri launches "Viking Mira" in Ancona Fincantieri has launched Viking Mira , a new cruise ship built for Viking, at its Ancona shipyard. The vessel will enter service in spring 2026, offering itineraries in the Mediterranean and Northern Europe. The launch ceremony marked the ship's transition to the final outfitting phase. Gilberto Tobaldi, Director of the Ancona Shipyard, and Gastone Lazzari, Viking's New Building Site Team Manager
BNSF opens new intermodal facility in Salt Lake City BNSF Railway has officially opened a new intermodal facility in Salt Lake City. The launch marks a major step in expanding inland logistics in the western U.S.. BNSF partnered with Patriot Rail and the Utah Inland Port Authority (UIPA) to bring the project to life. Local leaders, including Utah Governor Spencer Cox, joined the ribbon-cutting ceremony to celebrate the milestone. The new 43-acre si
C.H. Robinson posts strong Q2 2025 earnings Strong financial results reflect six consecutive quarters of outperformance C.H. Robinson reported strong second-quarter earnings this week, beating analyst expectations and marking its sixth straight quarter of outperformance. CEO Dave Bozeman credited the results to the company's focus and discipline. "I'm proud of our team for embracing our new operating model and the discipline needed to impr
Kongsberg Maritime opens new offices in Jakarta and Batam Kongsberg Maritime is growing its footprint in Southeast Asia with two new offices in Indonesia,one in Jakarta and another in Batam. The expansion was officially announced during the Inamarine Expo in Jakarta. A ribbon-cutting ceremony marked the occasion, with senior company executives and local dignitaries in attendance, including Norway's Ambassador to Indonesia, Rut Krüger Giverin. Dedicated
NYK and Chuo University to explore shipborne sea life for human health gains Japan's Nippon Yusen Kabushiki Kaisha (NYK Line) and Chuo University have recently launched a joint research initiative to discover novel natural products from marine organisms. The project aims to identify previously unknown substances that may have beneficial applications for humanity, including potential new medicinal resources, from marine organisms attached to ship hulls and other surfaces,
BP and JERA's offshore wind alliance takes off Energy major BP and Japan's largest utility JERA have completed the formation of their equally-owned offshore wind business JERA Nex BP. JERA Nex BP's portfolio of operating assets and development projects has a net potential generating capacity of 13GW. This includes around 1GW of installed net generating capacity, a 7.5GW development pipeline, and an additional ...
Polsteam books up to six handysize bulker newbuilds in China Polish Steamship Co (Polsteam) has moved to bolster its fleet with a fresh series of handysize bulk carriers ordered at Wuhu Weihai Shipbuilding in China. The state-owned operator has signed for four firm 45,000 dwt vessels, with options for two additional units. The first ship in the series is expected to be delivered in early ...
Another bankrupt Chinese yard reopens for business Nantong Xiangyu Shipbuilding & Offshore Engineering has reopened a previously bankrupt yard along the Yangtze. Last year, the shipbuilder won the auction to take over Jiangsu Hongqiang Ship Heavy Industry, and it has been renovating the facility in the intervening months. The site had been shut since 2018. The new yard - now renamed Qidong ...
Wah Kwong linked to four ultramax newbuilds at Wuhu Wah Kwong is expanding its dry bulk fleet, with four ultramax newbuilds linked to the Hong Kong-based owner at China's Wuhu Shipyard. According to shipbuilding sources, the company has agreed to a deal worth around $132m for the 64,000 dwt quartet, with deliveries scheduled for 2028. The reported order follows Wah Kwong's previous ultramax newbuild ...
Evergreen ship loses 50 boxes off Peru Evergreen, Taiwan's largest liner, has suffered two substantial container-loss incidents in South America within the span of a week. On August 1, the 8,500 teu Ever Lunar reportedly lost about 50 containers overboard while anchored off Callao, Peru. The vessel experienced sudden severe rolling, causing stern stacks to collapse into the bay. This prompted a temporary closure ...
SITC returns to Huanghai for boxship quartet Chinese boxship player SITC International Holdings is continuing to build out its fleet, returning to compatriot yard Huanghai Shipbuilding for a series of four new 2,700 teu vessels. The Hong Kong-listed carrier is spending nearly $153m on the newbuilds, which are scheduled for delivery from late 2027 through to mid-2028. The deal brings SITC's current ...
SeaLead drops 16 boxships after US sanctions target Iranian-linked fleet Singapore-based container carrier SeaLead has been forced into a dramatic fleet reshuffle after terminating the charters of 16 container vessels in response to fresh US sanctions. The move comes just days after the US Treasury's Office of Foreign Assets Control (OFAC) unveiled new measures targeting ships allegedly linked to Iranian interests. The sanctioned vessels had ...
HD Hyundai sued over alleged defective switchboard on the Dali As pre-trial motions grind forward in the sprawling litigation over the March 26, 2024, allision of the containership Dali with the Francis Scott Key Bridge-an impact that brought down the span, killed six construction workers and froze port traffic-the vessel's owner and manager have launched a new front in court. In a product liability lawsuit ...
Solstad bags $108m CSV deal Norwegian offshore vessel owner Solstad has won a new contract for one of its construction support vessels. Brazilian state-owned oil and gas giant Petrobras hired the 2006-built CSV Normand Commander. The vessel will be on a bareboat contract from Solstad Maritime to Solstad Offshore, which is the contract holder with Petrobras. The contract, set to ...
Panama will not register tankers and bulk carriers older than 15 years In its most firm action to date to counter dark fleet registrations, the Panamanian Ship Registry, the world's second-largest flag, will no longer accept tankers or bulk carriers aged more than 15 years old. "By prioritizing quality over quantity and implementing more rigorous oversight mechanisms, it ensures that the Panamanian fleet complies with the most ...
More good news for VLCCs but payoff remains hypothetical Optimistic shareholders of publicly traded VLCC owners are looking beyond weak summertime rates and focusing on increasingly positive catalysts for...
Fake flag credentials continue to provide cover to sanctioned fleet The prolific output of fake ship identity being created by the fraudulent Timor Leste Registry offers a rare window into...
Greek owners call on Brussels to align climate and competitiveness Decarbonisation should not undermine industry's sustainability, says Union of Greek Shipowners in annual report
What next for the ETS? Lloyd's List decarbonisation correspondent Declan Bush asks how the EU's emissions trading system will fit in with the new IMO...
Baltimore bridge shipowner and manager sue Hyundai Heavy for negligence Owner and manager of the ship in the 2024 Baltimore bridge casualty have sued its builder HHI for negligence, among...
TOP Ships suezmax spin-off makes market debut Nasdaq trading of Greek owner's new vehicle for a pair of tankers, Rubico, was expected to start on Monday
Tanker markets eagerly eye potential changes in India and China's appetite for Russian crude A resumption of Russian oil into India after a brief politicised pause may not be the final 'deal' as Trump...
Bahri reports falling profits amid aggressive fleet expansion Nearly 20 vessels have been acquired by Bahri in the past 12 months to bring its fleet size to more...
The week in charts: Vehicle carrier Suez Canal transits up | Trump hikes tariffs again | CMA CGM maintains box volume | Is bauxite still a minor bulk? Fourteen large vehicle carriers made Suez Canal transits in both June and July; US cargo bookings in China during past...
Panama pledges not to register tankers and bulkers over 15 years old Having delisted over 200 ships already, Panama is now closing the door to older ships and introducing tighter vetting procedures...
The week in newbuildings: SITC adds new boxship quartet at Huanghai Shipbuilding Orders for 13 containerships, 14 bulk carriers and four asphalt carriers signed in the past week
Dorian LPG strikes positive note despite slimmer profit 'Strong rates' booked in current quarter support VLGC owner's faith in market
The Daily View: Houthi homework
Diana ups stake in Genco Greek owner now the largest shareholder in US-based dry bulk peer
Another bankrupt Chinese shipyard resumed operation under new ownership Despite a decline in newbuilding contracts in the first half of 2025, shipyard capacity expansions continue
Second California drayage operator shuts business, cites electric truck costs TGS Logistics said state grants for electric trucks failed to stem higher costs for new equipment amid a soft rate environment.
Truckload capacity index turns upward as carriers cautiously add trucks But the increase in truck counts at large truckload providers is more about anticipated growth than any change in current demand.
Ocean carriers still have cards to play despite weakening container market Trans-Pacific rates are falling sharply, but the ability of carriers to withdraw capacity, the potential for continued diversions away from the Red Sea, and long-term changes to the global trade landscape due to US tariff policy means liners have levers to pull.
Red Sea 'revival' taking place as regional carriers lead the way The number of unique services on routes navigating through Houthi-controlled waters has doubled since the third quarter of last year, according to data from eeSea, as carriers who do not call Israel feel growing comfort sailing the Bab-el-Mandeb Strait.
US policy, investments line up for project cargo-dependent nuclear buildout A resurgence of nuclear projects in the US should provide a steady stream of project cargo work through the end of the decade.
Tidewater earnings surge as revenue defies Wall Street expectations Houston offshore vessel owner holds onto full-year guidance as first-half strength mitigates cautious outlook
US officials uphold decision to throw out OOCL counterclaim in Samsung Electronics spat But panel reverses judge's refusal to allow liner operator to re-file claims
K Line profit halves as dry bulk and container divisions slump But figure for full year is raised due to stable energy division
Meet the fourth-generation US shipping leader helping America build LNG carriers again Hanwha Shipping chief executive playing role in vast group 'ecosystem'
'We've got firepower': Clarksons' boss Andi Case 'actively looking' at acquisitions Group expects a rebound in results during the second half of the year
Borealis Maritime rounds off sales of 50 container ships Christoph Toepfer-led tonnage provider completes investments with KKR with penultimate container ship sale
Shipowners to seek cash back as insurers' reserves hit record $6bn high Protection and indemnity clubs have kept premiums rising and banked strong investment returns, says Gallagher
Solstad Offshore marks founder's 95th birthday with Petrobras charter Johannes Solstad turned 95 the same day his eponymous company inked a four-year charter
Trump's threats over Russian oil exports and Opec hikes could serve as a tonic for tankers US warning to India and China may help send rates skywards
FSRU arrives in Jordan to bolster supply to Egypt and wider region Fourth regas unit for Egypt due to arrive from this month
Matson raises full-year earnings outlook, but warns of muted peak season Hawaii liner operator followed its customers as Asian production shifted in response to tariffs
Bahri shifts to owned tonnage as profit hit by lower shipping rates Saudi Arabian owner adds 19 vessels in 12 months, with VLCC fleet comprising 50 ships in July
Car carrier rate correction ushers in 'new phase of stability' Veson Nautical analyst Andrea De Luca says first half of 2025 was a turning point
Bahri pivots to owned tonnage as profit hit by lower shipping rates Company adds 19 vessels in 12 months, with VLCC fleet hitting 50 ships in July
Trafigura ups VLCC newbuildings tally with two-ship order First VLCC newbuilding deal inked in China for 2025
Panama blocks older tankers from joining shipping register World's second-largest registry says it is weeding out substandard ships and shadow fleet
Clarksons profit falls on cut in broking revenue Shipbroking was the only Clarksons division for which results fell year on year during the first six months of 2025
US stocks sell off after tariff announcement, but shipping largely shrugs Negative US jobs report combines with Trump levies against 70 nations to tank market
China Merchants to up stake in Antong as boxship unit rejig rolls on Shareholding increase part of CMES' resurrected deal to organise and list container ship units
Car carriers heading for soft landing as rates correct sharply in first half Veson Nautical says softening of asset values reflects a cooling market, though not a sharp collapse
SITC International splashes $152.7m on four more newbuilds from Huanghai Latest order brings Hong Kong-listed liner company's total orderbook to 14 vessels
Shipbuilder sued by owner, operator of ship in deadly Baltimore bridge collapse Two companies behind the containership involved in the deadly 2024 Baltimore bridge collapse are suing the ship's builder.
China trade fight weakens Matson earnings Matson said earnings were weaker as trade and tariff volatility hit volumes on China routes.
Is Canada Post too big to fail? Canada Post mail carriers turned down the company's last contract offer, extending a 20-month labor dispute that has helped private couriers siphon package business from the postal operator.
Panama ports sales challenge could turn into Trump win The government of Panama is going to court to challenge Chinese operating contracts for two ports adjacent to the Panama Canal, potentially setting up a bid by a U.S. conglomerate.
All Nippon Airways finalizes takeover of Nippon Cargo Airlines All Nippon Airways has acquired Nippon Cargo Airlines after waiting 28 months for regulatory clearance.
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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