JNPA registers 21.28 pc growth in container traffic yoy in April 2025
No major economic disruption for India due to border tension, says Moody's
Western Dedicated Freight Corridor likely to be operational before schedule
India proposes zero tariffs on steel, auto parts in trade talks with US
INDIAN PORTS ASSOCIATION
Jafza marks 40 years as a gateway for Indian businesses to the world
Syama Prasad Mookerjee Port successfully launches night navigation in upper reaches of River Hooghly
Railway Board Member lays foundation for new rail line at CONCOR's MMLP-Dadri
VOC Port highlights coastal container traffic rebate offered by its terminals
DBGT celebrates maiden call of M.V. HE YUAN SHUN 89
Maersk deploying next-generation IoT connectivity platform across its vessels
IATA expresses disappointed at MIAL's proposed decision on cargo freighter operations, calls for engagement with the airline industry
Worldwide tonnages up +6% in April, year on year
Flight operations at Mumbai's Chhatrapati Shivaji Maharaj International Airport to be suspended for six hours on May 8 for essential pre-monsoon maintenance
New United Shipbuilding Alliance formed to build next gen U.S. Arctic icebreakers Bollinger Shipyards and Edison Chouest Offshore (ECO) have formed a strategic partnership called United Shipbuilding Alliance (USA). Together, Bollinger and ECO have 33 operational shipyard and fabrication facilities and the partnership is
Can You Ship Heavy Equipment in a Container? Essential Guidelines for Safe Transportation Shipping heavy equipment can seem overwhelming, especially when you consider the logistics involved. Many people might wonder if it's even possible to transport large machinery like bulldozers or generators safely in containers. The good news is, it definitely is-though it comes with a set of unique challenges. Imagine trying to fit a puzzle piece that's just too big; you'll need to think creativ
Maersk introduces new PSS from China and Hong Kong to African destinations Danish ocean carrier Maersk has announced a new peak season surcharge (PSS) from China and Hong Kong to Kenya and the port of Dae Es Salaam in Tanzania. Effective from 19 May, the following surcharge will apply to both dry and reefer containers. Origin Destination Currency All 20 All 40 45 HDRY China and Hong Kong Kenya US$ 1,000 1,400 1,400 China and Hong Kong Dar Es Salaam, Tanzania US$ 950 1,3
We Asked AI: Container ships equipped with guns and missiles In an era of escalating global geopolitical uncertainty, the fusion of commercial shipping and military deterrence has become a strategic necessity. Armed container ships-once symbols of peaceful global trade-are now evolving into dual-purpose assets, equipped with missile systems, radar domes, and automated defense turrets. These hybrid vessels serve not only to transport goods but also to proje
Hapag-Lloyd swaps UK port of call on Caribbean Express Service Hapag-Lloyd has announced a change in its Caribbean Express Service (CES), which connects the East Coast of South America and North America with North Europe. The German box line will replace London Gateway with the port of Felixstowe as the service's Great Britain's port of call, effective immediately until further notice. The updated port rotation will be as follows: Antwerp (Belgium) - Felixst
European Transport Workers' Federation elects new president Belgian trade union leader Frank Moreels stepped down from his function as European Transport Workers' Federation (ETF) President, in view of his upcoming role as President of the International Transport Workers' Federation (ITF). This follows a decision made at the recent ITF Congress in Marrakech, Morocco. Currently meeting in Split, Croatia, the ETF Executive Committee elected Giorgio Tuti as
Arkas Line doubles vessel capacity on Turkey-US service Arkas Line has decided to add a second container vessel to its USA Express Service (USX), which offers a connection between Turkey and the East Coast of the United States. Now, two Arkas vessels are operating on the line: the 2,824 TEU Sine A and the newly added Emma A, also with a capacity of 2,824 TEU, which has been upgraded with a scrubber to make it more environmentally friendly. With this d
Resilience Amid Turbulence: Can China's Shipping Industry Weather the Trade War Storm? As geopolitical tensions rise and U.S. tariffs take a stronger hold, China's shipping industry stands at a critical crossroads. Despite growing external pressure and intensifying structural challenges at home, the sector has shown surprising resilience-at least for now. In the first quarter of 2025, Chinese ports reported strong growth in cargo volumes, pointing to sustained momentum in the count
GTT announces acquisition of Danelec to expand digital capabilities GTT signed an agreement with the European investment fund Verdane to acquire Danelec, a provider of advanced digital solutions for maritime data collection and analysis designed to enhance operational performance, safety and decarbonisation. The acquisition of Danelec, valued at €194 million (US$220 million), constitutes a milestone in the development of GTT's Digital division, bringing the Group
PIL opens new office in Chile Pacific International Lines (PIL) has announced the opening of its new office located in the center of Santiago, Chile. This strategic expansion marks a significant milestone in the Singaporean ocean carrier's commitment to growing its presence in Latin America and enhancing services for the Chilean market. The new office will serve both PIL Chile as a country and PIL Regional office as a hub for
NYK secures 27-year concession for new car terminal at Port of Barcelona The Port of Barcelona's Management Board awarded Nippon Yusen Kabushiki Kaisha (NYK) the concession for a new car terminal for a period of 27 years. Japan-based NYK, which is one of the largest shipping companies in the world and has the second-largest fleet of car carrier ships, will invest a total of €75 million (US$85 million) to build the new public terminal, which will be located on Príncep
VesselBot's Q1 emissions report uncovers striking trends In its recent quarterly analysis, titled Decoding Maritime Emissions: Assessing GHG Hotspots, Trade Lanes, and Industry Shifts for Q1, 2025, VesselBot examines how the maritime industry is navigating an evolving landscape shaped by geopolitical tensions, environmental pressures, and market volatility. Using data collected directly from vessel operations, the technology company provides insights i
China Custom Clothing Manufacturer: How the Process Works Custom clothing production has become increasingly global, with many fashion brands turning to custom clothing manufacturers china for scalable, high-quality production solutions. China plays a pivotal role in the global apparel industry, offering a wide array of capabilities-from fast sampling and fabric sourcing to full-scale private label production. Whether you're a startup launching your fir
Maersk and HD Hyundai sign deal for decarbonization and integrated logistics services On 6 May, HD Hyundai and A.P. Moller - Maersk signed a Memorandum of Understanding (MOU) to establish a decarbonization collaboration, while HD Hyundai plans to expand the use of Maersk's integrated logistics services across its affiliates. Since 2021, HD Hyundai has received orders for a total of 19 methanol-powered container ships from the Danish carrier, while last year, the South Korean shipb
The Switch secures contract for shaft generator drives on new aframax tankers The Switch has secured a contract to supply single drives for shaft generators to be installed on four tankers currently under construction at Xiamen Shipbuilding Industry in China's Fujian Province. The vessels, designed by the Shanghai Ship Research and Design Institute, are 113,600-dwt Aframax tankers powered by LNG dual-fuel engines. Built for UK-based ship owner Union Maritime, these tankers
Nokia to provide private wireless to Maersk ships Danish liner giant Maersk has contracted Nokia to equip 450 vessels in its fleet with private wireless. The move is part of Maersk's rollout of its new digital connectivity platform, OneWireless, which aims to offer real-time cargo tracking, enhanced supply chain visibility, and improved operational efficiency. "By transitioning to Nokia's private wireless technology, Maersk will ...
Valaris bags $135m drillship deal in Africa New York-listed offshore driller Valaris has been awarded a five-well contract offshore West Africa for one of its drillships. The contract, awarded to the 2014-built Valaris DS-15 drillship by an undisclosed client, is expected to begin in the third quarter of 2026. Based on an estimated duration of 250 days, the total contract value is ...
DOF vessel duo get work off Brazil Norwegian offshore vessel owner DOF has been awarded contracts in Brazil for two of its vessels. The 2007-built diving support vessel Skandi Achiever was awarded an offshore service and survey contract in Brazil in support of a SURF project with operations planned to start in early May and covering three campaigns during 2025. The second ...
Meadway Bulkers reveals ultramax order in Japan Greek owner and operator Meadway Bulkers has bolstered its shipbuilding programme in Japan by adding another ultramax to its orderbook. The George Dellaportas-led outfit has revealed a 64,000 dwt newbuilding at Imabari Shipbuilding with delivery expected in the second quarter of 2027. Prior to this, the Athens-based company, which currently lists 15 ships in its ...
Celsius exits MR2 sector Celsius Shipping, a 36-ship-strong owner, has once again demonstrated sharp asset play skills by turning a healthy profit on its remaining two MR2 tankers. Broking sources tell Splash that Celsius has flipped both 2021-built MR2s for around $35.5m each, having acquired them as resales in 2021 for $31.5m each. The tankers are 50,000 dwt in ...
18 US states suing Trump over shutdown of wind projects A total of 18 attorneys general filed a lawsuit in federal court challenging US president Donald Trump's order to shut down offshore wind projects, stating that such a move was "unlawful and can jeopardise the continued development of a power source critical to the states' economic vitality, energy mix, public health, and climate goals." The ...
US throws out Biden's $6.9bn offshore decommissioning rule The Trump administration is changing another Biden-era offshore oil and gas industry rule regarding assurances for decommissioning of old infrastructure. The US Department of the Interior stated that it would be revising the Risk Management and Financial Assurance for OCS Lease and Grant Obligations Rule from 2024, albeit with almost no details on how it ...
Cargill's Eman Abdalla takes helm at Sea Cargo Charter Eman Abdalla, global operations and supply chain director at Cargill Ocean Transportation, has been elected chair of the Sea Cargo Charter, a framework developed to measure shipping emissions against decarbonisation benchmarks. "Stepping into the role of chair at this pivotal new chapter is both an honour and a responsibility," said Abdalla, adding: "At a time ...
How rising demand for electric vehicles is changing the face of dry bulk All week, Splash will be bringing readers reports from Geneva Dry, the world's premier commodities shipping conference, which took place on April 28 and 29 with more than 820 delegates in attendance. Today's panel in focus features a brand new slot: EVs And The Supercharging Of Dry Bulk. Electric vehicles are changing seaborne trading patterns ...
Boxships back up across Northern Europe Ports across Northern Europe are dealing with what broker Braemar describes as "serious congestion" right now. In Antwerp, Braemar reported yesterday the yard is already at 96% capacity, and reefer plugs are overloaded at 112%. Nearly half the arriving ships are waiting for a berth, and there are 52 more containerships on the way. Bremerhaven ...
Navigator fixes $300m of new financing New York-listed Navigator Holdings has lined up $300m in fresh financing to clear out existing debt maturities. The Mads Peter Zacho-led company said its subsidiaries Navigator Gas and Othello Shipping have struck a deal with a consortium of lenders comprising Nordea Bank, Danish Ship Finance, Danske Bank, DNB UK, ING Bank London branch and Skandinaviska ...
Maersk and HD Hyundai forge decarbonisation pact South Korea's largest shipbuilding group HD Hyundai has signed a partnership with A.P. Moller-Maersk to jointly develop decarbonised shipping technology and global integrated logistics services. The two companies have signed a memorandum of understanding (MOU) at the HD Hyundai Global R&D Center in Seongnam, Gyeonggi, at a ceremony attended by key figures including HD Hyundai ...
GTT buys Danelec French gas containment specialist GTT is spending $219.7m to buy maritime analytics firm Danelec from Verdane, a European private equity company. The transaction is expected to be completed at the beginning of the second half of 2025. Danelec initially specialised in the development of voyage data recorders (VDRs), before branching out into safety and performance ...
Trump says Houthis will stop attacking ships in the Red Sea 'The Houthis have announced that they don't want to fight anymore. They just don't want to fight, and we will...
Risks mount for ships calling at Houthi ports Vessels calling at Houthi-controlled ports face multiple risks: collateral damage from US and Israeli air strikes, detentions and violence from...
Matson provides inside look at severe tariff disruptions to transpacific trade The transpacific container trade situation is far from settled for freight pricing, volumes or cargo origins, says Matson chief executive...
The week in newbuildings: Bulk carrier orders on the rise Newbuilding contracts for one gas carrier, an offshore construction vessel, five tankers, 12 bulkers and 22 containerships recorded in the...
Asia-Europe rates under strain amid shifting capacity from China-US trade Asia-Europe container shipping rates are under mounting pressure from overcapacity driven by new vessel deliveries as well as ships redirected...
Singapore court decision provides case law on Insurance Act wording Ruling establishes meaning of 'term defining the risk as a whole' under s.11 of 2015 legislation
Competition on key Turkish route weighs on DFDS earnings Muted growth prospects for European trade expected due to uncertainties about the war in Ukraine and potential impacts from US...
The week in charts: Crude tanker rates up double digits | Red Sea monthly transits fall slightly | Containership sale and purchase market remains resilient VLCC, suezmax and aframax rates are all strong - for different reasons - with VLCC rates viewed as most resilient;...
Port Sudan hit by drone attack The port city has become the de facto capital of Sudan's military-led government and has an annual capacity of around...
Major shipping companies start to test Red Sea waters Companies that diverted from the Bab el Mandeb during the Houthi's campaign of aggression have begun to resume transits in...
Onboard carbon capture can enable long-term GHG intensity compliance, study shows This technology could allow shipowners to stay compliant with the IMO's GHG Intensity targets through to 2040, supporting a viable...
Port-focused US logistics provider takes majority stake in Mexican forwarder PSA BDP acquired a majority stake in Mexico-based forwarder ED International, expanding PSA's cross-border forwarding network.
Apparent Houthi ceasefire raises container shipping overcapacity risk The freeing up of vessel capacity that has been diverted around southern Africa for the past 18 months could inject as much as 2 million TEUs of functional capacity into the global container shipping market.
US spot intermodal savings dipped in Q1 amid largely flat rate environment As port volumes plunge along the West Coast, the downstream effects will likely be felt in the coming months with softening demand to move freight into middle America on trucks and trains.
US ocean freight from China fell 'significantly': Expeditors The forwarder offered an unsettled outlook for the trans-Pacific in 2025 as shippers navigate the Trump administration's 145% tariffs on goods made in China.
Chinese tariffs cloud trans-Pacific outlook for 2025: Matson While the Jones Act carrier added another service from Vietnam in the first quarter, it says volumes from that country won't replace what's lost from China.
Domestic intermodal may breathe easy, at least for now: analyst Relative stability may indicate that during the coming trade war, transloading could fare better than inland point intermodal, writes Larry Gross.
US importers turning to foreign trade zones amid tariff hikes Interest in FTZs, where shippers can store goods while deferring the payment of duties, has increased dramatically since President Donald Trump implemented tariffs in April.
MPV trade shift slow to materialize on shakeup of cargo mix A swing from renewables to fossil fuels in the US and new opportunities for wind cargoes internationally could overhaul traditional MPV trade lanes over time.
'Extreme caution' needed in Red Sea as tensions reach boiling point, insurers warn shipowners Houthi rebels have warned of reprisals against ships carrying US oil after uptick in attacks against group
Podcast: Alexander Saverys explains the path ahead for CMB.Tech's green shipping strategy Chief executive tells Green Seas that access to green molecules is key
Grimaldi firm Finnlines sees profit rise on debt reduction Chief executive Thomas Doepel says company will capitalise on a German economy recovery
'We are looking to acquire companies': Orca AI eyes expansion after $72.5m fundraiser Maritime artificial intelligence firm scores cash from Brighton Park Capital, Ankona Capital and more
Failed fixtures hit product tanker rates as tonnage list grows Reduced activity also tipping market balance against shipowners
New IMO fuel penalties could raise $1trn over a decade, MSI says Consultancy's new Seascape platform calculates that carbon levies will add 82% to bunker costs by 2035
Greek tanker brings in Ghana's first Angolan crude to new refinery Sentuo plant had paused shipments for six months after starting operations last year
VLCC values may have found a firm floor at significant historical benchmark, says Veson Nautical Rebecca Galanopoulos notes secondhand prices are resisting downward pressure
Damage reported as Red Sea container terminal bombed by Sudanese rebels Port Sudan comes under attack by drones launched by Rapid Support Force
Celsius Shipping linked to product tanker exit in profitable deal with Greek owner Duo was connected to multi-year Shell charters ahead of reported sales
Greek tanker brings in Ghana's first Angolan crude to new refinery Sentuo plant had paused shipments for six months after starting operations last year
New IMO fuel penalties could raise $1 trillion over a decade, MSI says Consultancy's new Seascape platform calculates that carbon levies will add 82% to bunker costs by 2035
Bomb blast damages Red Sea container terminal following rebel attack Port Sudan hit by drones launched by Rapid Support Force
Lingering Red Sea disruption is good news for product tankers, says Fearnley Securities Change to Russian trading patterns also unlikely to change any time soon, analysts believe
Greece's Bright Brothers sells vintage bulker for recycling Greek-controlled panamax will be joined on the beaches by two Asian-owned handies
Evangelos Marinakis-backed Capital Clean Energy Carriers linked to two LNG ship term charters with energy major Spot LNG charter rates climb to highs for 2025 on fresh demand, but action uptick largely confined to Atlantic basin
Major owners lock in deals as container ship charter market cools after hitting post-Covid peak Tonnage providers face a drop in earnings of 30% in the coming months
MSC and FedEx agree to end bitter legal fight over rubber gloves held by US officials Settlement under wraps after companies trade barbs over tens of millions of dollars in delay charges
Lingering Red Sea disruption is good news for product tankers, says Fearnley Change to Russian trading patterns also unlikely to change any time soon, analysts believe
George Dellaportas-backed Meadway adds to bulker orderbook in Japan Greek owner contracts ultramax newbuilding at Imabari Shipbuilding
Latsis family winds the clock back with Suez venture Mandatory duties kick in on 14 May, as part of waterway's 2030 Green Canal initiative
Trafigura sells first 12-year US notes issue as part of $390m financing Trader and shipowner reports strong demand for latest upsized fundraising round
Shipowners' Club boosts cash pot as investments pay off Small ship specialist was the only big 12 P&I club not to increase its premiums in February
Latsis family rolls back the clock with Suez Canal initiative Mandatory duties kick in on May 14, as part of waterway's 2030 Green Canal initiative
John Fredriksen raises stake in Star Bulk to $200m Norwegian tycoon recently sold out of another bulker company, Golden Ocean
Bunker trader KPI OceanConnect confirms Dorthe Bendtsen in top job Former chief operating officer became interim CEO in December
Israeli jets hit Houthi-controlled port after airport attack Military claims measures were taken to avoid damage to vessels at port
Altera Infrastructure doubles down on asset sales with $115m deal for Brazilian FPSO UK-headquartered group offloads veteran unit to Australia's Karoon Energy
Capesize demand working West Africa to China routes poised for take-off Chinese hunger is increasing for bauxite and iron ore
Shell examines potential BP takeover to create $266bn energy, chartering and shipping giant Sources report talks with advisers on feasibility of mega-merger
Eitzen-backed Christiania's new bunker operation expands into France Christiania Energy follows launch of third-party services with physical supply operations
John Fredriksen linked to disposal of offshore newbuildings for $50m profit Swiss contractor Allseas said to have bought two of tycoon's Chinese newbuildings
Methanol and LNG prove fuels of choice for April's newbuildings Hydrogen-fuelled cruise ships look set to become a reality
Sinokor offloads former Ridgebury VLCC for huge profit South Korean owner said to have found a Chinese buyer for 2006-built tanker
Lingering Red Sea disruption good news for product tankers, says Fearnley Change to Russian trading patterns also unlikely to change any time soon, analysts believe
Marco Fiori: 'I'd like Premuda to have 25 to 30 ships' in dry and tankers Italian shipping veteran explains the thinking behind management buyout
Owners opt for methanol and LNG fuel in latest newbuildings Hydrogen-fuelled cruise ships look set to become a reality
Container freight rates from Asia to US, Europe likely to trend lower in June Analysts observe China-US volumes on steady decline, while Europe demand is insufficient to absorb surplus, blank sailings to rise
Kumiai Navigation marks 30th anniversary in Singapore What began with just six ships has grown into a fleet of 23, including four newbuildings, for the Japanese-owned shipping company
Premuda management completes buyout of Italian tanker and bulker owner First deal of its kind in Italian shipping as management and Pillarstone acquire 100% of shares
Fujian Highton sells four midsize bulkers to Chinese leasing company for close to $60m Company says sale-and-leaseback deal done to free up liquidity
Tidewater beats on profit and revenue while slashing shares count Offshore power reiterates revenue guidance for 2025 while acknowledging macroeconomic complexity
George Economou tanker lifts first cargo of Senegal Bonny crude for 10 years Shell charters Petalidi to bring in Nigerian oil to Dakar's SAR refinery
DHL acquires US e-commerce logistics business IDS Fulfillment DHL has targeted e-commerce logistics as a primary growth area. On Tuesday, it acquired Indiana-based specialist IDS Fulfillment.
FedEx converts parcel freighter to heavy cargo operation FedEx continues to implement its Tricolor efficiency strategy with the conversion of a 777 freighter aircraft from its parcel to its heavy air cargo network.
Orient Overseas (International) Limited (OOIL), the subsidiary of the Chinese shipping group COSCO Shipping Holdings that operates containerized maritime transport services with ...
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