Panama Canal vs Suez vs NSR: Which maritime corridor will shape the 21st century? In an era where geopolitics and climate change are redrawing the map of global trade, the question is no longer if maritime corridors will shift - but how radically . For over a century, the Panama and Suez Canals have acted as essential chokepoints for global commerce. But today, the Northern Sea Route (NSR) has entered the conversation as a strategic wildcard. So, which maritime route is truly
ABS unveils breakthrough EV Battery Fire Simulation Model American Bureau of Shipping (ABS) has taken a significant step forward, developing an advanced simulation modeling of thermal runaway in Lithium-ion battery fires. The model, now validated through joint research with Texas A&M University, enables detailed predictions of how battery fires behave at the cell level. This offers crucial insight into the total heat released during a thermal event and
OSPAR to ban scrubber discharges Discharges from ship scrubbers will be banned in internal waters and port areas across the North-East Atlantic by 2027, with further restrictions coming into effect by 2029, following a decision by member states of the OSPAR Convention. At a ministerial meeting in Vigo, Spain, the 15 signatory nations of the OSPAR Convention - which include major maritime states such as the UK, France, Germany, a
ABS to evaluate floating nuclear power plants American Bureau of Shipping (ABS), CORE POWER, and Athlos Energy have formed a consortium to evaluate the potential deployment of floating nuclear power plants (FNPPs) to meet the energy needs of islands, ports, and coastal communities in the Mediterranean Sea. The study will explore how FNPPs could deliver clean, grid-scale electricity to remote areas, provide emission-free power to ports, and s
HHLA shares solid 2024 financial results Hamburger Hafen und Logistik AG (HHLA) shared solid 2024 financial results and key strategic developments at its Annual General Meeting. All items on the agenda were approved, including the proposed dividend of €0.10 per listed class A share. Despite global uncertainties, from economic weakness in Germany to geopolitical instability in Ukraine and the Middle East, HHLA reported a strong performan
DACHSER drives from Ireland to the European continent DACHSER has reintroduced a key logistics route connecting Ireland to continental Europe via the UK, reviving what was once a common practice before Brexit disrupted trade flows. The new Smart Landbridge Connect service offers Irish exporters a faster and more flexible alternative to direct ferry crossings, breathing new life into a route that had all but disappeared in recent years. By leveraging
Constanta Port secures EU funds The European financing contract for Stage II of the "Modernization of the Electricity Distribution Infrastructure in the Port of Constanta" project has been officially signed. The contract was executed by Romania's Minister of Transport and Infrastructure, Sorin Mihai Grindeanu, and the General Director of the National Company Maritime Ports Administration Constanta, Mihai Teodorescu. Stage II of
European Union approves €22M for Helsinki-Lübeck port upgrades The European Commission (EC) has awarded €22 million in co-funding to the Hansalink 3 project, aimed at enhancing the maritime corridor between the Port of Helsinki and the German port of Lübeck-Travemünde. The Port of Helsinki will receive approximately €12 million of the total funding. With a total budget of €45 million, the project is set to deliver significant upgrades to port infrastructure,
Kuehne+Nagel delivers Türkiye's largest floating drydock to the US In one of the most complex maritime transport operations in recent years, Kuehne+Nagel has successfully delivered the largest floating drydock ever built in Türkiye to San Diego, California. The 17,300-tonne behemoth, spanning over 253 meters in length, 54 meters in width, and 21 meters in height, was constructed at a shipyard in Yalova and transported across oceans with meticulous precision. The
Bridgestone opens next-generation Queensland Distribution Centre at Port of Brisbane Bridgestone, the market-leading tyre brand, has officially opened its new, state-of-the-art Queensland Distribution Centre at the Port West Industrial Estate (Stage 2) in Lytton, Port of Brisbane. The purpose-built facility is designed to support the company's ongoing growth and improve logistics for its retail and wholesale network across Queensland and northern New South Wales. Developed by Por
P&O Maritime Logistics to acquire NovaAlgoma Cement Carriers UAE-based P&O Maritime Logistics (POML), a subsidiary of DP World, has signed a definitive agreement to acquire a controlling stake in NovaAlgoma Cement Carriers (NACC), the world's leading operator of pneumatic cement carriers. The acquisition marks a strategic expansion of DP World's footprint in the breakbulk and dry-bulk maritime logistics sector, specifically targeting infrastructure-related
The Convenience of Nutritionist-Approved Weekly Meal Plans Meal planning can feel like a never-ending chore. Between busy workdays and family commitments, finding time to create balanced meals often falls through the cracks. Many end up relying on takeout or quick-fix options that lack proper nutrition. Weekly meal plans recommended by nutritionists offer an easy solution. These plans are crafted by experts to save you time while meeting your dietary nee
Piraeus Port Authority releases 2024 sustainability report Piraeus Port Authority S.A. (PPA S.A.) has published its 2024 Sustainability Report, reaffirming its strong commitment to sustainable development, corporate responsibility, and transparency. The report follows the newly adopted European Sustainability Reporting Standards (ESRS) and outlines the company's progress across the Environment, Society, and Corporate Governance (ESG) pillars. Key Environ
Sea-Intelligence: Capacity Volatility from Asia to North American West Coast Sea-Intelligence analyses volatility in the capacity offered in the Asia to the North American West Coast (NAWC) trade. This volatility is caused by blank sailings, vessels sailing off-schedule, and vessels of varying size on the same service. To get a better understanding of the severity, takes an absolute value of the week-on-week change, so that any change is recorded as a positive value, irre
Swire Shipping to implement GRI for for Europe, United Kingdom and South Africa to Pacific Islands Swire Shipping has announced a general rate increase (GRI) for cargo transported on its Pacific Islands Container Express, specifically the MAERSK YELLOWSTONE 523S / 528N rotation. The adjustment will come into effect on 1 August 2025 . ORIGIN REGION DESTINATION COUNTRY CURR 20' 40' BB/RVT Europe, United Kingdom and South Africa French Polynesia and Vanuatu EUR 425 850 21.50 The move comes in res
Russian missile strike hits Odesa Port According to Reuters , a Russian airstrike targeted port infrastructure in Ukraine's southern city of Odesa, killing two people and injuring six others, including two foreign nationals. Ukrainian officials confirmed the attack struck a critical part of the country's export infrastructure on the Black Sea. Roughly 90% of Ukraine's exports move through the Odesa seaport hub. The port has become a f
We asked AI: When containers become schools In a world that's constantly evolving, so is the way we build our schools. Those bright and functional schools are made entirely from repurposed shipping containers. Painted a cheerful blue, the containers are arranged in an L-shape, forming a two-story structure connected by an exterior staircase and walkway. It's both efficient and welcoming. Inside, each container serves as a classroom, comple
Maersk announced PSS for Far East Asia to Nepal and Indian ports Maersk has announced a revision to its Peak Season Surcharge (PSS) affecting shipments from Far East Asia to Nepal, Kattupalli, and Visakhapatnam in India. This adjustment, effective from July 15, 2025, aims to support continued high-quality service amid rising operational costs. The surcharge applies to all container types-both dry and reefer cargo-and reflects the increased expenses Maersk is f
ABS opens new training hub in Athens American Bureau of Shipping (ABS) has officially opened its new Hellenic Ship Safety Center in Athens, marking a major step forward in immersive maritime training for Greece's shipping community. The state-of-the-art facility blends virtual reality, simulation, and game-based learning to prepare seafarers for the complex challenges of today's maritime industry. The new center, unveiled during an
DHL joins forces with FIA DHL has entered into a new strategic partnership with the Fédération Internationale de l'Automobile (FIA), stepping in as the FIA's Global Logistics Partner. The collaboration will see DHL manage logistics support for international racing series including Formula 1, Formula 2, and Formula 3. s part of its responsibilities, DHL will handle the transport, setup, and maintenance of key infrastructur
Pacific supply glut to cause July rate plunge Transpacific capacity already committed to entering the trades will see supply side growth of more than 30% on April levels even as demand has faltered substantially, according to the latest data from analyst Linerlytica. In April this year capacity between Asia and the US had been trimmed to 290,000 teu, but with a 90-day hiatus in Donald Trump's trade war in mid-May anticipated to signal a majo
Ocean Installer vessel scores offshore wind cabling work Marine construction contractor Ocean Installer, a Moreld subsidiary, has won two new contracts for the North Sea Giant subsea construction vessel. The 2011-built vessel will be used in the offshore wind market for cable repair and cable installation gigs. The contracts are expected to take approximately three months of offshore work to complete. Mobilisation for ...
Kenya launches liner anti-trust investigation The Competition Authority of Kenya (CAK) has launched an investigation into several multinational companies operating in Kenya's shipping and logistics sector over allegations of market abuse, collusion, and discriminatory practices that have marginalised local players. The investigation follows complaints by the Kenya Transporters Association and the Kenya International Freight and Warehousing A
Splash Wrap: Trump leads headlines in a calmer week for shipping Compared to almost every other week of 2025, from a shipping news/geopolitical point of view this week has been comparatively calm. Nevertheless, the word Trump featured in more Splash headlines than any other word once again. The big news at the start of the week came from Paris with one of the most famous names ...
EnerMech lands service deal for North Sea FPSO UK-based oilfield services provider EnerMech has been awarded a three-year contract by Dana Petroleum for work on the Triton FPSO. The contract covers the provision of offshore shutdown support services for the FPSO. The deal also has two two-year extension options. As part of the contract, EnerMech will also utilise its system integrity management software, ...
Two dead, six injured in latest Russian missile attack on Odesa port The port of Odesa endured another devastating missile strike yesterday, resulting in the deaths of two individuals and injuries to six others, including two foreign nationals working on a , Sao Tome & Principe general cargo ship. The missile struck the berth where the vessel was unloading a shipment of metal, according to Ambrey, a ...
Borr Drilling picks CEO successor Offshore jackup rig player Borr Drilling has chosen Bruno Morand as the successor to the chief executive officer role. Morand will succeed current CEO Patrick Schorn, effective September 1. The decision is part of the company's multi-year succession planning process. Morand, who has served as the CCO at the company since 2023, is a 20-year ...
Limpet mine threat in the Mediterranean grows A series of suspected limpet mine attacks and unexplained blasts targeting commercial tankers in the Mediterranean has reignited concern over the evolving nature of maritime threats. "These incidents - marked by stealth, ambiguity, and geopolitical undertones - signal a shift in the maritime risk landscape that demands a recalibration of both operational vigilance and strategic ...
Energy Holdings firms up five-year drilling contract with PTTEP SED Energy Holdings, a company recently created through the merger of SeaBird Exploration and Energy Drilling, has signed a contract with Thailand's PTTEP for one of its drilling rigs. The contract, awarded to the company's wholly owned subsidiary Energy Drilling, is for an offshore drilling campaign using the 2014-built EDrill-2 tender-assist drilling rig. The signing ...
US unveils another sweeping package of sanctions aimed at Iran The US has escalated its crackdown on Iran's shadow oil trade, unveiling a sweeping set of sanctions against dozens of entities and vessels linked to the illicit transportation and sale of billions of dollars' worth of Iranian oil, some of which has directly benefited the Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF). The Office of Foreign ...
Floatel International pens new vessel deal in Australia Offshore accommodation vessel specialist Floatel International has won more work for the Floatel Triumph offshore Australia. The assignment is scheduled to last approximately 35 days, with the option for the unnamed client to extend. The expected start date is the fourth quarter of 2026. Financial terms have not been divulged. The deal comes several months ...
ITF pushes for warlike status in Gulf hotspots The International Transport Workers' Federation (ITF) has voiced its concern this week to the Joint Negotiating Group (JNG), which represents maritime employers, regarding the Strait of Hormuz, Gulf of Oman and Israeli ports and asked that these areas be designated as Warlike Operations Areas (WOA). The move would give seafarers the right to refuse to ...
Samsung Heavy teams up with PetroVietnam to build tankers in Vietnam South Korea's Samsung Heavy Industries is set to deepen its footprint in Southeast Asia through a newly announced strategic partnership with PetroVietnam, marking a significant step in Vietnam's ambitions to become a regional shipbuilding hub. The collaboration will focus on the construction of oil and chemical tankers at Vietnamese yards, leveraging Samsung Heavy's design and ...
Trump's signature legislative package contains significant shipbuilding provisions Donald Trump's so-called big beautiful bill, a signature legislative package, which has just passed both the US House of Representatives and Senate, contains significant provisions aimed at revitalising American shipbuilding and the broader maritime industrial base. The bill allocates substantial funding and introduces new initiatives with a focus on national security and domestic manufacturing.
ITF staff vote for strike action for the first time in 129-year history The union claims the ITF is planning to cut a quarter of the workforce this year in restructuring
Bank lending to shipping increased 2% last year New annual survey of the market finds that modest comeback by banks was impressive given the challenging environment
What does the One Big Beautiful Bill mean for green shipping US tax credits for clean hydrogen and carbon capture have survived Trump's green energy raid, but the shorter runway will...
P&O Ferries chief executive doubles pay after unlawful mass sackings Peter Hebblethwaite earned £683,000 in 2023
Ras Isa vessel queue dissipates amid sanctions and security threats The long queue of oil and gas tankers awaiting off the Houthi-controlled fuel port of Ras Isa has dissipated in...
DP World takes controlling stake in NovaAlgoma Cement Carriers The controlling stake was acquired through DP World's subsidiary, P&O Maritime Logistics
Shortsea owners underline need for EU funding scheme Concerns about ageing fleets, particularly in southern Europe, brought to attention of transport and tourism commissioner
Give seafarers option to turn down Strait of Hormuz work, says ITF That designation would mean seafarers would have the right to refuse to enter the area and be repatriated without penalty
Roppestad set to become International Group chair Gard chief executive to replace Britannia's Andrew Cutler
Some 'false flags' are literally just that Bogus registries have no more validity than forged passports and should be treated the same way
The Daily View: Identity politics
Jinhui Shipping unlocks Yuan200m in bulker sale-and-leaseback deal with ABC Leasing Chinese leasing firms are increasingly using cross-border Yuan financing to hedge against risks amid escalating US-China trade tensions
Fire suppressed on Wan Hai 503 as salvage teams prepare to board Wan Hai said salvage teams are preparing to board and assess the vessel once the temperature on board drops to...
Daily Briefing Timor-Leste joins rapidly growing market of fake registries taking in sanctioned tonnage | Red Sea traffic dips after volatile June...
Trans-Pacific air cargo market flying into turbulent second half The long-term effects of US tariffs and the removal of the de minimis exemption has disrupted established air cargo flows and is clouding the industry outlook for the year.
Navios Partners tears up contracts with VS Tankers after US sanctions New York-listed shipowner has contract clauses allowing it to end bareboat deals
Developer unveils plans for new floating LNG-based export project on US Gulf Coast Proposed facility would use four converted LNG carriers
John Dragnis ends Greek capesize buying drought with Sinokor vessel Liquidity and optimism about big bulker fundamentals are enticing Hellenic owners back into the capesize S&P arena
Shipping's blind spot: Why gender balance is a security and profit imperative Industry's lack of gender diversity is not just outdated, it is a strategic vulnerability, argues Norwegian security expert
Wavelength podcast: Trump's big beautiful bill vs shipping Plus, why some of the billions of decarbonisation dollars set to be raised from shipping need to be used equitably
Suezmaxes and aframaxes set to benefit from South Sudanese crude exports - if pipeline holds Exports via the Red Sea have picked up in recent months, even as war in Sudan rages
Tufton Group-backed Stainless Tankers to reward investors as it sells third ship Extra dividend coming as Oslo-listed owner offloads 2008-built vessel
Rodolphe Saade to grow media empire with French social media network CMA CGM seeks full control of Paris-based Brut to widen global reach
A bigger splash: OSCAR dragon boat race appeal to owners to help fund new children's cancer ward Shipping fundraising event celebrates 10th anniversary to help kick off London shipping week
Ships urged to show 'extreme caution' amid threat of new Israeli attacks in Yemen UKMTO says ship operators need to consider if ongoing operations are necessary in three Houthi-held ports
Greek nuclear start-up teams with Core Power to develop floating power plants in Med UK nuclear shipping pioneer also working with US class society on plans
Jinhui Shipping sells veteran bulker to boost growing cash pile Sale follows sale and leaseback of two other bulkers on Monday
Owners and bunkerers in Hong Kong to be offered cash for green fuel bunkering Companies will get a $63,697 incentive for each of their first two LNG or green methanol bunkering operations
Hyundai LNG Shipping invites demolition offers on 25-year-old steamship Shipowners in South Korea are leading the charge in scrap sales of elderly LNG carriers
Greek owner Sea Hawk flips ex-Hafnia product tanker as it pivots to gas The Kourtesis family firm expanded into the LPG carrier arena last year
Norwegian credit fund cuts bet on Tidewater bonds after refinancing New bond not as attractive, Sissener says
Crude cannibals back: Okeanis VLCC loads gasoil on backhaul trip from Middle East Economies of scale working again for charterers as dirty ships muscle in on clean trades
Venezuelan-owned refiner and charterer Citgo auctioned for $7bn in US Toronto-listed miner selected as the winning bidder as creditors look to get paid
Samsung expands shipbuilding capacity into Vietnam through PetroVietnam pact South Korean shipbuilder is collaborating with PetroVietnam to build tankers
Explosion on Economou tanker raises stakes for ships on Russia trades Skuld says shipowners should take extra measures after calling at high-risk ports
Meet the Baltic Exchange enforcer set to bench errant shipbrokers Rashad Issa sheds light on why the exchange is stepping up scrutiny of its panellists
Tanker crewman jailed for modifying mask linked to colleague's death Vietnamese seafarer died on product carrier in 2024
DP World expands shipowning footprint with takeover of NovaAlgoma Cement Carriers Swiss-Canadian breakbulk and dry bulk operator shifts its holding to Dubai
Fire still burning on Wan Hai container ship nearly a month after breaking out Salvor T&T Salvage to conduct comprehensive inspection once temperature has cooled
Houthi-sunk bulker leaves shipowner and operator locked in $5m battle Lebanese insurer says war exclusion clauses rule out any payout on hull policy
Fire onboard Wan Hai container ship under control, says Taiwanese shipowner Salvor T&T Salvage to conduct comprehensive inspection once temperature has cooled
How Torvald Klaveness is tapping partnerships and digital solutions to ensure longevity Michael Jorgensen believes in long-term strategies for a sustainable future
Samsung expands shipbuilding capacity into Vietnam through pact with PetroVietnam The South Korean shipbuilder is collaborating with PetroVietnam to build tankers
Trump administration targets more tankers with sanctions in bid to rein in shadow fleet Vessels tied to Syria's Al-Qatarji conglomerate also hit with fresh blacklistings
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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