Seaspan's multi-purpose icebreaker (MPI) design marks new milestone North Vancouver, B.C.-based Seaspan Shipyards has begun the next step in the design and engineering phase of the Canadian Coast Guard's (CCG) Multi-Purpose Icebreakers (MPI) program. With the Functional Design Review Meeting
USCG: Deadly loss of Titan submersible was preventable The June 2023 loss of the Titan submersible, which cost five lives, was preventable according to Jason Neubauer, chair of the U.S. Coast Guard Marine Board of Investigation (MBI) into the incident.
ABP marks bond listings with London Stock Exchange opening Associated British Ports (ABP), the UK's largest port operator, has marked the successful completion of its £300 million bond offering on the London Stock Exchange with a milestone market opening ceremony. The bond transaction, completed on June 11th, reflects strong investor confidence in ABP's long-term strategy, operational resilience, and its role as the UK's leading port operator. "At ABP, a
CNC launches KI8 service CNC has announced the launch of its new KI8 service, set to begin on 15 September 2025, aimed at boosting connectivity across Asia with direct links between Korea, Central China, Indonesia, and Vietnam. The new loop includes a direct call to Semarang, Central Java's trade hub, enhancing service coverage in Indonesia. KI8 also offers faster connections between Korea and Indonesia, and improved rou
Freightos: Freight rates steady ahead of August 7 President Trump signed an executive order last week hours before the August 1st tariff deadline, that will put the administration's reciprocal tariffs for exports from a long list of countries into effect for all goods not loaded before August 7th. For most countries, the order raises tariffs to about the 15% to 20% level also set in most of the negotiated trade deals - including a US agreement w
Hefring Marine and Tocaro Blue team up Hefring Marine and Tocaro Blue have announced a new partnership aimed at making vessel operations safer, smarter, and more efficient, for both manned and unmanned vessels. The collaboration will bring together Tocaro Blue's radar perception technology and Hefring Marine's IMAS system. The result: real-time data-driven tools that help vessel operators make better decisions on the water. By combini
Bilbao Port upgrades border control post facilities The Bilbao Port Authority is investing over €534,000 to upgrade refrigeration systems at its Border Control Post (BCP), aiming to boost efficiency in handling temperature-sensitive cargo. The work will include replacing all rooftop condensing units and interior evaporators across cold chambers and loading bays. Spanish firm GIROA, S.A.U. has been awarded the contract following a public tender. Th
BIMCO: US container port volumes up 1.7% YoY US container port volumes up 1.7% YoY while exports dwindled "During the first half of 2025, volumes at the nine largest US container ports grew by 1.7% year-over-year to 16.9 million TEU. Import volumes grew 4.3%, influenced by preloading in anticipation of tariff increases, while export volumes declined by 4.2%," says Niels Rasmussen, Chief Shipping Analyst at BIMCO. The Budget Lab at Yale repo
AD Ports Partners with MBME on digital trade tools AD Ports Group has signed a framework agreement with UAE-based MBME Group to explore joint development of digital trade and financial technology solutions. The partnership will look at rolling out tools such as digital payments, goods traceability, e-signatures, and compliance systems. Both companies aim to offer these services in the UAE and global markets. The collaboration builds on AD Ports G
7 Key Trends Shaping Global Logistics and Employee Engagement Changing tech, green initiatives, and shifting work habits reshape logistics everywhere. Most teams now want more than pay; purpose and recognition keep people around. Company leaders chase both profit and staff well-being in new ways this year. You will see how these seven trends impact daily decisions for businesses worldwide. Curious about what's driving real change? Read on. 1. Digital System
Keeping Container-Yard Fleets Moving: Why the 6LA20671 Charger Module Beats New-Build Replacements Ports and intermodal hubs have embraced electric forklifts and boom lifts for their low emissions and near-silent operation. Yet the very advantage of 24/7 uptime exposes a weak link: charger-module failure. When a module dies at 2 a.m., an entire shift of operators is left idling, and demurrage fees tick upward hour by hour. The fastest, most cost-effective fix isn't a factory-new board-it's a r
PIL launches SG60 ship and containers for National Day parade Pacific International Lines (PIL) is commemorating the country's 60th year of independence with the debut of its first SG60-branded container ship and a set of specially designed containers for the 2025 National Day Parade (NDP). The new 8,200 TEU LNG dual-fuel vessel, Kota Ocean , is the first to bear the SG60 logo and was named in Singapore this June - a first for PIL, which traditionally chris
GXO grows Q2 revenue 16% GXO Logistics reported solid second-quarter results, with revenue climbing to US$3.3 billion, a 16% jump from the same period last year. The company also posted 6% organic revenue growth, marking its best result in more than two years. Adjusted EBITDA rose 13% to US$212 million. Net income, however, dipped to US$28 million, down from $39 million a year ago. Diluted earnings per share came in at U
Container spot rates slip as KCCI drops 3% As Japan International Freight Forwarders Association (JIFFA) reported, Busan's container export spot rates took a hit last week, pulling the KOBC Container Composite Index (KCCI) down by 3.09% to 2,131 points, Korea Ocean Business Corp. confirmed on Monday. Rates to the U.S., Europe, and other key markets were mostly lower. The West Coast of the U.S. saw a 1.69% dip to US$2,090 per FEU. East Coa
Samskip launches direct Morocco-UK-Netherlands route Samskip has introduced a dedicated reefer container service linking Morocco directly with the UK and the Netherlands, marking the country's first fast and sustainable shortsea route for perishable goods. The new Moroccan Reefer Service connects Agadir and Casablanca with weekly, non-stop sailings to ports in southern UK and Rotterdam. Designed to serve Morocco's fresh produce exporters, the servi
ICTSI reports strong first-half 2025 performance Net income up 15% as global volume climbs International Container Terminal Services, Inc. (ICTSI) posted solid results for the first half of 2025, driven by strong global operations and higher volumes. The Manila-headquartered port operator reported a 15% jump in net income to US$483.84 million. Recurring net income rose 20% when adjusted for one-off items. Revenue grew 14% year-on-year to US$1.5
AD Ports Group opens Islamabad Office AD Ports Group has opened its first representative office in Islamabad, Pakistan. The move signals a deeper commitment to expanding its trade and logistics footprint across South and Central Asia. The new office sits near Pakistan's key ministries and state-owned companies. It will serve as a hub for engaging government stakeholders and pushing ahead with infrastructure and trade projects. The si
Helsingborg to launch shore power for boxships OPS facility planned for 2026 The Port of Helsingborg is moving ahead with plans for its first Onshore Power Supply (OPS) facility dedicated to container vessels. Set to go live in autumn 2026, the system will allow ships to plug into the local grid while at berth, reducing the need to run onboard generators. "A major milestone" Port CEO Bart Steijaert calls it a key part of the port's climate st
US maritime fees target Chinese vessels in escalating trade war New policy threatens to reshape global shipping as Washington moves beyond traditional tariffs. The United States is preparing to implement sweeping new fees on Chinese vessels entering American ports, marking a dramatic escalation in trade tensions that threatens to fundamentally reshape global shipping patterns and costs
SANY launches electric reach stacker for energy containers Following the launch of its 65-ton fuel-powered version earlier this year, SANY has introduced a fully electric alternative, the SRSC5035E. This 50-ton-class reach stacker is purpose-built to support the fast-growing containerized energy storage sector. Source: SANY Group The SRSC5035E is designed to handle standard 20-foot and 40-foot ISO energy storage containers with ease. It can stack up to s
Greta Shipping enters Middle East-Indian Subcontinent trade Greta Shipping, a newly established carrier based in Singapore and fully owned by China's Xiamen C&D Inc., is entering the Middle East-Indian Subcontinent (ME/ISC) trade with three feeder services, according to DynaLiners. Founded in March 2024, the company will cooperate with Hapag-Lloyd to operate a mix of independently run and slot-exchange services. Greta Shipping will launch its own Jebel Al
Container shipping crisis threatens global trade stability Record overcapacity in container shipping could trigger geopolitical tensions as maritime-dependent economies face supply chain disruptions through 2029. The global container shipping industry is heading toward its worst supply-demand crisis in decades, with implications extending far beyond freight rates to threaten the stability of maritime-dependent economies worldwide
Rhenus Group appoints new regional leaders The Rhenus Group has announced three key leadership appointments within its Air & Ocean division. The move aims to support the company's global growth and sharpen its regional strategies. Joachim Hanssen Steps In as CEO for Asia Pacific Effective August 1, 2025, Joachim Hanssen has taken over as Chief Executive Officer for Asia Pacific (APAC). His new role also includes oversight of Greater China
PSA and CCN launch OptEModal for seamless sea-air cargo PSA Singapore and Cargo Community Network (CCN) have launched OptEModal, a new digital platform designed to simplify and speed up sea-air cargo transfers. The platform helps shippers and logistics providers manage intermodal shipments more efficiently. It offers real-time tracking, smart risk management, and improved cargo visibility. Developed in collaboration with players across the maritime an
Mein Schiff Relax gets first BioLNG bunkering in Barcelona TUI Cruises' Mein Schiff Relax has become the first cruise ship to receive a ship-to-ship bioLNG supply at the Port of Barcelona. The bunkering took place on July 26. The Haugesund Knutsen barge, operated by Knutsen Scale Gas and chartered by Shell, delivered 1,875 m³ of bioLNG. The fuel came from Enagás' regasification plant at the port. This was the port's first ship-to-ship bioLNG operation. A
SUUS and Grupa Kety launch electric truck route Rohlig SUUS Logistics and Grupa Kety S.A. have started daily low-emission deliveries using an electric truck. The route connects Grupa Kety's plant in Kety with its Aluprof factory in Bielsko-Biala. The sites are 22 km apart. SUUS uses a Mercedes-Benz eActros 300 with a trailer. The tandem set carries aluminium profiles up to 7 metres long. This is the first transport project of its kind in Polan
ONE accepts bookings from Bitung ONE announces the expansion of its global network with the addition of Bitung, Indonesia, now officially open for bookings. The inaugural voyage from Bitung commenced in July 2025, and bookings are now open. This new service strengthens connectivity from Bitung by offering weekly feeder connections to Jakarta, enabling seamless access to ONE's extensive global network. Through Jakarta, cargo from
KUBO pioneers carbon-storing foundation technology in greenhouse construction KUBO is taking a groundbreaking step in sustainable greenhouse construction through a new partnership with Underground Forest an organization that specializes in the use of wooden foundation piles that also serve as a method of long-term CO2 storage. The collaboration will launch with a pilot project at the ACRES vegetable nursery in 's-Gravenzande, which will serve as the first implementation of
Blue Ocean to launch Jeddah-China service According to DynaLiners, Saudi Arabia's port authority, Mawani, has announced a new container service connecting Jeddah with key ports in China, to be operated by Blue Ocean. While details remain limited, the service is expected to deploy vessels of up to 2,300 TEU and will link Jeddah with Qingdao, Ningbo, and Guangzhou (Nansha). The new route underscores Saudi Arabia's push to enhance its marit
NYK Line reports decline in revenue Nippon Yusen Kabushiki Kaisha has released its financial results for the first quarter of fiscal year 2025, highlighting a decline in revenue and profits across key business segments due to market volatility and external policy impacts. Source: NYK report Total revenue for the quarter stood at US$ 4.14 billion, representing a decline of US$ 349.7 million compared to the same period in the previou
International Seaways picks up modern VLCC as it sheds six ageing product tankers US tanker owner International Seaways has snapped up a modern VLCC while disposing ageing product carriers. The New York-listed firm said in its quarterly earnings report it had struck a deal to buy an unnamed 2020-built scrubber-fitted supertanker for $119m. The purchase, expected to close in the fourth quarter, will be funded by proceeds from ...
Maris Fiducia debuts eight-vessel investment platform Maris Fiducia Finance, the investment arm of Maris Fiducia, has created a new platform for investors based on its eight-strong Bird Fleet. According to the company, the platform is for robust maritime investments, backed by real ships, long-term contracts, and a focus on sustainability. Maris Fiducia's Bird Fleet consists of eight 8,000 dwt shortsea vessels, ...
Jinhui continues ship sales with fifth deal of the year Chinese dry bulk player Jinhui Shipping and Transportation has agreed to sell yet another supramax bulker, marking its fifth vessel sale of the year. The Oslo- and Hong Kong-listed company is offloading the 2009-built 65,900 dwt Jin Jun to Singapore-incorporated Huwell Global Resources in a deal worth $10.5m. Jinhui said the deal is expected to ...
Kmarin books newcastlemax newbuilds in China South Korea's Kukje Maritime Investment (Kmarin) has returned to the newbuilding market with an order for two newcastlemax bulk carriers, ending a seven-year absence from the shipyard orderbooks. The Seoul-based owner has contracted Jiangsu New Hantong Ship Heavy Industry to build the 210,000 dwt vessels. No price or delivery schedule has been confirmed. The deal ...
DNV spins off maritime software unit as CFARER Class society DNV has formally launched CFARER, a new maritime software company spun out from its former DNV Maritime Software business. The new brand becomes operational immediately, with majority ownership retained by DNV and a strategic minority stake held by Wilhelmsen Port Services. CFARER will continue to offer its software tools - including ShipManager, Hull ...
Chinese player taps Dalian yard for LNG bunker newbuilds New Chinese entrant China Bunker has joined the LNG bunkering sector with an order for up to two vessels. The Shanghai-based company has signed a contract with Dalian Shipbuilding Offshore Co (DSOC) for one 20,000 cu m LNG bunkering vessel, with an option for a second. Pricing and delivery dates have not been disclosed. The ...
Inpex awards FEED contracts for LNG project off Indonesia Japanese oil and gas major Inpex has awarded front-end engineering and design (FEED) work on its Abadi LNG project in the Masela block offshore Indonesia. The FEED work involves reviewing and defining the specifications of the facilities that will produce and process hydrocarbons from the Abadi Gas Field, as well as the onshore LNG plant. ...
Fugro hired for offshore wind farm site investigation off Taiwan Dutch surveyor Fugro has been awarded a contract for the 700MW Youde offshore wind farm by Shinfox Energy in Taiwan's Round 3.2 offshore wind tender. Under the contract, Fugro will deliver comprehensive geotechnical services to support the development of the Youde project, located off the west coast of the country. The offshore wind farm is ...
Caravel Group: Harry Banga charts shipping's intelligent future Twelve years ago, the brand Maritime CEO was launched, carrying an exclusive interview with Harry Banga on the launch issue, detailing the launch of The Caravel Group. The title would go on to interview many of the best-known names in shipping, also publishing an annual outlook title as well as developing the Maritime CEO Forum ...
Noble's fleet attracts new deals and rig buyers Offshore drilling giant Noble Corporation has announced several new rig deals in its latest fleet status report, along with some rig sales. The 2014-built 7th-generation drillship Noble Stanley Lafosse won an extension with its current customer, Murphy Oil, for five more wells. The rig started working for the customer in the Gulf of Mexico in ...
Why shipping players should trade the market, not the turmoil, in the coming months Political and economic risk blindsided the market in the first six months of the year, we need to be smarter in H2, argues Thomas Zaidman, managing director of Sagitta Marine. Shipping has a herd mentality when it comes to the news; running towards the light when the story is positive and holding back when it ...
Oldendorff makes $16m from post-panamax sale Brokers report that Oldendorff Carriers has sold another ship in its preferred segment, parting with a 2011-built, 95,000 dwt Imabari-built post-panamax bulker Cedric Oldendorff for around $16m. This marks the third sale in this segment since February. Earlier, the company sold the 2012-built Cora Oldendorff, a Taizhou Catic-built bulk carrier, for just under $14m. Notably, ...
MACS and Stinnes to merge Germany's MACS Maritime Carrier Shipping and Hugo Stinnes Schiffahrt have announced a formal merger, combining their operations to create what analysts at Alphaliner say is one of the largest multipurpose (MPP) carriers operating across the Atlantic. The new unified company, MACS Maritime Carrier Shipping, will operate a fleet of over 15 vessels, calling at more ...
Gautam Adani steps back from ports business Billionaire Gautam Adani has stepped down as executive chairman of Adani Ports & Special Economic Zone (APSEZ), taking on a non-exec chairman role instead. The decision aligns with India's Companies Act, which limits full-time directors from holding executive roles in multiple companies simultaneously. APSEZ, India's largest port operator, is already led by two executive directors-managing ...
HMM walks away from SK Shipping deal as price gap proves insurmountable South Korea's national carrier HMM has officially withdrawn its bid to acquire the tanker and bulker assets of SK Shipping, ending months of discussions after a persistent valuation gap made the deal untenable. SK Shipping's majority owner, Hahn & Company, has terminated HMM's status as preferred bidder and will seek new bidders. Both parties were ...
Trump imposes 25% tariff on India for importing Russian oil President Trump has signed an executive order imposing 25% tariffs on India for importing Russian oil. India slammed the move...
Eswatini wants to take on the fake ship registers by creating a real one Undeterred by the creation of a fraudulent ship register baring its name, the landlocked Kingdom of Eswatini intends to join...
United Maritime sells second cape amid market upturn $17.8m sale of 2006-built Tradership is second recent disposal of older capesize
Comoros says deputies no longer authorised to register ships as government seeks to tally fleet Deputies are no longer authorised to sign registry certificates on behalf of Comoros, a government official says. The island nation's...
Sub-cape rally short-lived as long-term fundamentals remain negative The panamax and supramax segments experienced a decent climb in June and half of July, but the underlying negativity has...
Defibrillators should be mandatory on ships, IMO told All ships covered by Solas should be recommended to carry at least one defibrillator, the International Bulk Terminals Association has...
V. Ships Leisure preparing for significant growth in cruise sector Subsidiary of world's third-largest shipmanager to grow with new contract from UK-based cruiseship operator and via newbuildings for existing clients
Seanergy says capesize acquisition opportunities have grown scarcer US-listed, big bulker owner specialist is 'doing its best' to identify suitable candidates for purchase but prices have risen
International Seaways renews fleet as profits fall International Seaways' profits fell on lower TCE rates in the second quarter, with the company focused on fleet renewal. It...
Egypt urges marine underwriters to cut 'elevated' Red Sea premiums War risk underwriters reject implication of jacked-up pricing
World is getting quieter as markets price in US trade risks, says Tufton chief Tufton and Stainless Tankers CEO Andrew Hampson said market sentiment over the Trump trade upheaval is becoming calmer, with sanctions...
Gautam Adani steps down to non-executive role in ports business The APSEZ founder was indicted on fraud charges in the US last November, which he has publicly denied
Guangzhou Port exits CULines stake amid container market volatility The exit is expected to give CULines greater agility for its overseas expansion
Maersk boxship and SFL Corp vehicle carrier detained after collision off Denmark The 4,800 teu Maersk Gironde was bound for Gdansk, Poland when it collided with the 6,500 ceu SFL Composer
The Daily View: Taking names and kicking shadows
Daily Briefing Baltic shadow fleet stand off continues as Russia warns of tanker 'raids' | US Customs to enforce port fees on...
Intermodal savings dipped in Q2; surcharges to factor into Q3 decisions The spot and contract savings from domestic intermodal eroded in the second quarter compared to a year ago, while the fate of the third quarter depends largely on whether volume in Southern California keeps up to support peak season surcharges.
Tariff realities prompt growth in 'origin-controlled' cargo on trans-Pacific The reasons for the increase are largely tariff-related, sources say, as market participants adjust to the possibility of permanently higher tariff levels imposed by the Trump administration.
Trucking standards group takes control of truckload scheduling consortium The National Motor Freight Traffic Association will oversee development of a truckload scheduling initiative among the Scheduling Standards Consortium's 17 existing members.
India-Med rates race higher as blank sailings continue to tighten capacity Forwarders said space for bookings, especially to the more-demanding West Mediterranean market, has become acutely tight due to multiple blank calls in recent weeks.
Vingroup to start building $14 billion Haiphong port, logistics hub next year Vietnam's largest conglomerate said the complex will be developed in three phases between 2026 and 2040 and include a container terminal with at least six berths.
VLCC sale pushes DHT Holdings into profit growth as earnings line up with Wall Street bets Shipowner expected to see another sale gain in third quarter amid 'positive outlook' for market
Genco acquires modern capesize as it falls to second-quarter loss New York bulker owner maintains $0.15 quarterly dividend as it dips into reserve fund
TotalEnergies won't climb aboard expansion train for US LNG project French oil and gas giant decides not to invest in fifth production train at NextDecade's Rio Grande LNG
Greek shipowner Evalend tied to sale of modern VLCC to International Seaways New York tanker owner is paying $119m for tanker but declining to name it pending closing
FSL profit buoyed by product carrier sale Singapore shipowner looks set to focus on its existing fleet of product tankers for now
International Seaways continues to show nimble touch with fleet balance and renewal After swapping VLCCs for MRs, New York shipowner does the opposite months later
Trump hits India with tariffs for Russia imports US administration opens door to action against other importers of Russian oil
Multipurpose giant formed as MACS and Stinnes push through 'strategic merger' Stinnes name to disappear after 200 years
Charterers pile into older VLCCs as rates climb Half of the fixtures counted by Tankers International this week were for ships 15 years or older
TotalEnergies and Shell scoop capacity for small-scale loading at new Gate LNG jetty Majors gain edge in LNG fuel supply at key bunkering port of Rotterdam
International Seaways buys modern VLCC amid fleet reshuffle New York-listed diversified tanker owner easily beats analyst's second-quarter earnings forecasts
TS Lines flags profit bonanza on box market boom Profit to rise by 220%-255% on the back of strong freight and charter markets
Maersk mulls yard offers on $2.8bn LNG dual-fuel haul Liner giant aims to wrap up orders this year
Stainless Tankers enjoying returns from shipowning Oslo-listed company still intends to wind down eventually, even if the money is still good
Three down, two more to go as Shandong Shipping auctions off another bulker Kamsarmax Shandong Fu Hui sold for $24.6m after fierce online battle
Hamburg Commercial Bank stumps up $190m to refinance dual-fuel tankers for emissions fund German lender to refinance methanol MRs for Proman and Stena Bulk
Ban on veteran vessels only applies to new entrants, Panama registry says World's second-largest registry tackles flag-hopping
Cosco Shipping Bulk seeks buyers for pair of logger bulkers Chinese giant said to be focusing on big-ticket vessels as it pares down smallest bulkers in its fleet
DNV spins off maritime software business Wilhelmsen Port Services becomes minority shareholder, bringing its port clearance solution
Stainless Tankers profit takes a hit as revenue days drop and vessel sales continue One scheduled dry-docking and some repairs pull down available days
Japan Club tonnage falls further as rivals circle Insurer has been losing ships since 2020
Chinese newcomer orders up to two LNG bunker vessels at Dalian Shipbuilding Deal covers one 20,000-cbm vessel with an option for a second
Sale price for aframax pair reveals extent of secondhand tanker slump Vessels lose more than $10m of value in last year
'Eat more broccoli? They'll laugh in my face': Meet the man fighting to bring better nutrition to seafarers Tougher vetting and regulation create market opportunities for providers of onboard health and nutrition services
Chinese newcomer orders up to two LNG bunker vessels at a Dalian shipyard The newbuilding involved one 20,000-cbm plus option for an additional vessel
Cosco Shipping Bulk seeks buyers for pair of unwanted logger bulkers Chinese giant said to be focusing on big-ticket vessels as it pares down smallest bulkers in its fleet
HMM cites pricing differences as it drops plan to buy rival SK Shipping Shipowner blames wide price gap between buyer and seller for collapse of takeover deal
Kmarin inks rare newbuilding order for bulker brace in China Shipowner has booked pair of 210,000-dwt bulkers at China's Jiangsu New Hantong Shipyard
DHL moves early to renew Cargojet contract until 2033 DHL has extended its long-term dedicated transport contract with Cargojet with two years left on the existing contract.
Container rates unmoved by latest tariff deadline The recent storm of trade news failed to move the needle for trans-Pacific container rates.
Air Lease confirms canceled order for Airbus A350 freighter Air Lease said its decision to ditch an order for Airbus A350 cargo jets was based on development delays and its preference to focus on passenger aircraft.
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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