VIDEO: AkzoNobel protects ultra deep drilling research vessel Meng Xian AkzoNobel reports that Meng Xian, China's first domestically designed and built ultra deep-sea research drilling vessel is being protected by more than 300,000 liters of marine coatings supplied by its International brand.
Smart Ideas for Organizing a Warehouse Efficiently An efficient warehouse is a facility that reduces the costs of handling merchandise, increases productivity, and offers a five-star quality of service to customers. Making better use of space is one of many innovative ideas to improve warehouse efficiency. Let's check some smart ideas on how to organize a warehouse to take the best advantage. How to Organize a Warehouse? When organizing a warehou
Best Container Tracking Software: Top Solutions to Streamline Logistics Management Container tracking has emerged as a key practice in maintaining efficient supply chain operations in the fast-paced global economy of today. With these tools in place, businesses are able to achieve real-time visibility, shorten lead times, and increase customer satisfaction levels. From Visiwise and GoFreight to Portcast, Project44 and Wakeo, here's a review of the top container tracking softwar
Chowgule & Co. and LR collaborate on ESG initiatives Chowgule & Co., a prominent Indian shipbuilding and engineering conglomerate, has partnered with Lloyd's Register (LR) to develop its first Environmental, Social, and Governance (ESG) report and a comprehensive group-wide ESG strategy. The report, set to launch this month, is based on 2023 operational data from Chowgule's four Indian shipyards (three owned and one leased) and its EPC division. Pr
Port of Corpus Christi Commission meetings relocate to RTA Administration building The Port of Corpus Christi Commission will hold its meetings at the Regional Transportation Authority (RTA) Administration Building at 602 N. Staples Street throughout 2025. This temporary relocation accommodates renovations at the Congressman Solomon P. Ortiz International Center, which is being upgraded with modern amenities and event spaces. Port Commission meetings are scheduled for the third
WFS establishes fourth warehouse in Copenhagen Worldwide Flight Services (WFS), a SATS company, is set to open a fourth warehouse at Copenhagen Airport in Denmark to support the growth of its specialised E-commerce & Freight Forwarder Handling (EFFH) services in Scandinavia. Starting from 1 March 2025, WFS will also assume the existing customer portfolio of Wallenborn Outsourcing in Copenhagen, acquired from Wallenborn Transports, a leading E
Saudi Arabia Under Pressure for Maritime Sector Development in 2025 Given the continuation of the Houthi attacks and the overall tentative situation in the Middle East, Saudi Arabia's strategic movements, particularly in its port and logistics sectors, could unfold under several potential scenarios in the next year. This content is locked Select a CN Premium Subscription Package To Unlock The Content! If you liked this post, please consider donating The post app
HHLA Project Logistics oversees first transshipment in port of Hamburg At the end of the year, HHLA Project Logistics successfully carried out its first loading operation in the Port of Hamburg. As a subsidiary of Hamburger Hafen und Logistik AG (HHLA), typically focused on project cargo in Asia, the company leveraged the expertise and network of the HHLA Group for its debut project in Germany. This effort was carried out in collaboration with HHLA's UNIKAI Lagerei-
COSCO SHIPPING opens Northeast regional headquarters in Dalian On 28 December 2024, COSCO SHIPPING held the inauguration ceremony for its Northeast Regional Headquarters in Dalian, marking a pivotal moment in the company's strategic expansion in the Northeast region. This new headquarters is poised to drive fresh momentum for the area's economic growth. Aligned with COSCO SHIPPING's mission of "connecting and serving the world," the Northeast Regional Headqu
A Guide for Businesses to Choosing the Right Shipping Container Image source As businesses grow, the need for efficient logistics solutions becomes crucial. One of the most important decisions in this process is choosing the right shipping container. Whether expanding to new locations, scaling inventory, or optimizing shipping strategies, containers play a vital role in maintaining operations. While choosing a container may seem like a simple task, businesses
Asian Waters in 2024: 107 Incidents Reported, Including Two Life-Threatening Events With a 7% increase in incidents in Asian waters, a total of 107 incidents occurred in the just concluded year. At the same time, two life-threatening category 1 armed robberies also took place in 2024. Such category 1 incident took place this year after a long break, according to the ReCAAP Information Sharing Centre. The category 1 incidents involved a large number of perpetrators who are mostly
Declining Piracy but Rising Threat Severity in Strait of Malacca The Strait of Malacca, a key maritime artery facilitating the flow of a significant portion of global trade, faced a mixed security landscape in 2024. This content is locked Select a CN Premium Subscription Package To Unlock The Content! If you liked this post, please consider donating The post appeared first on Container News .
Port of Chittagong reports improved container performance in 2024 Port of Chittagong achieved a 7.4% growth in container handling in 2024 compared to 2023, despite severe political unrest and recurrent floods. The major port of Bangladesh handled a total of 3.276 million TEUs in the just concluded year, compared to 3.05 million TEUs in 2023, which is a record in the history of the port. Additionally, the port handled 123 million tonnes of cargo during the year,
Klaipedos Smelte Container Terminal completes TOS upgrade In early November, Klaipedos Smelte Container Terminal successfully transitioned its Terminal Operating System (TOS) from TOPS Advance to the more advanced TOPS Expert. This migration, supported on-site by consultants from Realtime Business Solutions (RBS) and RBS EMEA, was executed seamlessly. Remarkably, the entire upgrade was completed within just four hours, without any disruption to terminal
Port Geopolitics in Gulf region as New Trend Amid Economy Diversification The attention of the maritime and shipping communities has been on the Middle East in the last months due to the geopolitical tensions that are reshaping the trade and logistics landscape. This content is locked Select a CN Premium Subscription Package To Unlock The Content! If you liked this post, please consider donating The post appeared first on Container News .
New Managing Director for Mukran Port Mukran Port has welcomed Henry Forster as the new Managing Director of Fährhafen Sassnitz GmbH, the operating company of the German port. Ines Jesse, State Secretary from Germany's Ministry of Economy, Infrastructure, Tourism, and Labor of Mecklenburg-Western Pomerania, stated: "The Sassnitz-Mukran Port is a strong partner in the Baltic Sea region. It plays a central role in our future strategy f
5 Benefits of Using Self-Storage Solutions for Your Business Image by Pixabay on Pexels Self-storage solutions are space services that provide secure, convenient storage units that your business can rent when in need of extra space. They come in handy to all companies, regardless of size. Leveraging self-storage solutions in your business can be quite rewarding. Discussed below are five benefits of using self-storage solutions for your business. 1. Minimiz
Valenciaport's private 5G Network: Driving smart port innovation Valenciaport is advancing its digital transformation with the development of a private 5G network designed to connect over 25,000 devices, including phones, vehicles, surveillance cameras, and sensors. This US$6 million project, co-funded by the European Union's Connecting Europe Facility (CEF), aims to position the Port of València as a leader in Smart Port or Port 4.0 technology. The network wi
Box lines offer reduced Asia-Europe rates ahead of alliance restructure Liner operators are discounting Asia-Europe freight rates for the first two weeks of January, as they fight for market share ahead of the reshuffling of container shipping alliances in February. On 27 December 2024, the Shanghai-North Europe rate gained just 0.5% from the previous week to close at US$2,962/TEU, after declining for the previous three weeks. Consultancy Linerlytica observed that sp
Navigator snaps up three ethylene carriers New York-listed Navigator Holdings has agreed to buy three liquefied ethylene carriers complementing the recently expanded export terminal at Morgan's Point in Texas. The world's top player in the handysize LPG carrier segment is buying the German-built 17,000 cu m trio from an unnamed seller for $83.9m. The vessels were not named, but S&P databases -
Tanjung Offshore wins Carigali Hess contract Malaysian offshore services player Tanjung Offshore, part of T7 Global, has secured a long-term contract from Carigali Hess to carry out maintenance, construction and modification works offshore Malaysia. The contract, which kicks in on January 15, has a term of three years, with an option to extend for another two years. No value was revealed, -
ASCO scores $88m contract in Norway Aberdeen-based energy logistics group, ASCO, has won a contract from Aker BP in Tananger, Sandnessjøen, and Farsund in Norway. The deal covers base and logistics services as well as continued services in warehouse management, load carriers, waste services, and personnel leasing for logistics and helicopter coordination. The potential total value of the agreement is £70m -
Jana Marine orders more accommodation jackups in China Saudi Arabia's Jana Marine Services has returned to CSSC Wuhan Marine Machinery Plant for a pair of new accommodation jackup vessels. The newbuilds will comply with the relevant management system and design and construction standards of Saudi Aramco for operations in the Persian Gulf after completion. Jana Marine had earlier placed orders for multiple living -
US eases Syrian energy sanctions Following the ousting of Syrian dictator Bashar al-Assad last month, the US Treasury has decided to ease some sanctions on the war-torn Middle Eastern nation. While most restrictions remain in place, a general license issued by the Office of Foreign Assets Control (OFAC) yesterday allows transactions to support the sale, supply, storage and donation of -
PaxOcean bags up to four OCV newbuilds Kuok Maritime Group's PaxOcean has revealed an order for up to four offshore construction vessels (OCVs) from an unnamed "renowned European shipowner". The Singapore-headquartered shipyard group said the deal with an undisclosed value covers two firm newbuilds for delivery in 2027 and an option for two additional vessels. The 123-m-long vessels, designed by Norway's Salt -
Union Maritime books four product tankers at reborn Dalian shipyard Diversified UK shipowner Union Maritime has further beefed up its tanker orderbook with handysize product carrier newbuilds in China. The Laurent Cadji-led outfit has booked four 24,200 dwt units at the restructured yard Dalian Shipbuilding Offshore Company (DSOC), formerly known as DSIC Offshore. Shipbuilding sources estimate each newbuild, Union expects for delivery in 2026, at -
Alberta Shipmanagement conjures up sizeable profit with sale of Panoramix newcastlemax The initial sales reported in the dry bulk sector in 2025 show some price resiliency against what remains a depressed rates environment. Nicholas Inglessis-led Alberta Shipmanagement has conjured up a significant profit with the sale of the 300 m long Panoramix newcastlemax. Alberta Shipmanagement sold the 2007-built, 203,000 dwt ship, named after the druid character -
Norwegians eye nuclear propulsion Norwegian shipbuilder Vard is collaborating with the Norwegian University of Science and Technology in Ålesund and other stakeholders in a project exploring nuclear propulsion for the maritime sector. NuProShip, short for Nuclear Propulsion in Shipping, will evaluate fourth-generation nuclear reactor technologies for their viability in commercial shipping applications. After assessing 99 companie
Controversial ammonium nitrate shipment sparks protest in Ivory Coast One of the cargoes that made the most headlines last year is still making news in the new year. Locals living near the Ivory Coast's largest port, Abidjan, have voiced concern about a cargo of potentially explosive ammonium nitrate onboard the Barbados-flagged Zimrida just off the shoreline. The cargo was originally shipped onboard the Ruby, -
COSCO targeted by the Pentagon over alleged ties to the People's Liberation Army COSCO, the world's largest shipping company, is among a host of Chinese shipping-related names added to a list of companies the US Department of Defense views as having links to the People's Liberation Army. While being on the Pentagon's blacklist carries no specific penalties, it discourages US firms from dealing with these companies that Washington -
Pierre Aury's guide to volatility and shipping Our columnist returns to a favourite topic. Recently we visited the subject of volatility of the dry bulk spot market concluding that it was exhibiting a very high level of volatility. The format of the column did not give us a chance to elaborate on the fact that although a majority of people make a -
Ziton bolsters jackup fleet Danish shipowner and offshore wind specialist Ziton has expanded its fleet of operations and maintenance jackup vessels. The company, acquired by a fund advised by Australia's Macquarie Asset Management last year, is adding the 2011-built unit named Wind Discovery for an undisclosed sum, taking its fleet to six dedicated O&M jackups. "This addition strengthens our -
Heerema secures TenneT floatover barge deal Dutch offshore construction player Heerema Marine Contractors has inked a contract with Dutch-German transmission system operator TenneT for the delivery of a new float-over barge, tailored for the installation of ultra-heavy topsides. The TSO plans to connect 14 high-voltage direct current (HVDC) offshore grid connection systems with a transmission capacity of 2GW each in the -
Asia Pacific Shipping swells tanker orderbook with 12 newbuilds in China Vietnamese shipowner Asia Pacific Shipping (ASP) is set to bolster its tanker fleet with 12 newbuildings added to the orderbook at Chinese yards. The Hanoi-headquartered outfit has spread the orders across Dalian Shipbuilding Industry Corporation (DSIC), Shanghai Waigaoqiao Shipbuilding (SWS), and Wuhu Shipyard. Shipbuilding sources report DSIC has been commissioned to build eight 115,000 dwt -
Shifting tactics and adaptations helped Iran ship out record amounts of oil in 2024 The US tightened sanctions on Iran last year, especially in the fourth quarter. However, that did not stop the country...
UK-led alliance using AI to monitor threats to undersea cables The Joint Expeditionary Force said the system can use data from specific vessels' Automatic Identification Systems to assess risk if...
Crimean callers flock to Egypt after pause on Syria business Syria was one of a handful of willing buyers of wheat shipped from the sanctioned ports of the occupied territories...
Eagle S anchor found on seabed Finnish state-owned broadcaster Yle said the Swedish naval vessel HMS Belos recovered the anchor and has since handed it over...
Sanctions driving up costs for marine insurers, Roberts warns Multiple political challenges expected in 2025
X-Press Feeders forges ahead with multi-faceted fleet efficiency strategy World's largest common feeder carrier was an early adopter of dual-fuel methanol boxships and reports no green methanol supply problems
Diana to spend $23m on buyback after final result of share offer Greek bulker owner among a slew of publicly listed companies seeing buybacks as a good use of balance sheet cash
China's Shandong port bans US blacklisted tonnage following spate of sanctioned VLCC calls Port group has banned docking and cargo handling for ships involved in US sanctions. Move is seen as a 'sudden...
Mozambique unrest disrupting port operations Delays reported at Maputo and Beira ports
Kexim pledges $8.2bn to strengthen South Korean shipbuilding Budget increase driven by expectations of potential co-operation with the US and India, because both countries aim to enhance their...
Chinese steel production continues to strengthen There are bright spots in the data though, as India and the EU continue strong performance, posting another month of...
The Daily View: Rules ripped up Your latest edition of Lloyd's List's Daily View - the essential briefing on the stories shaping shipping
China State Shipbuilding appoints Wang as president amid leadership reshuffle CSSC has appointed Wang Guoqiang as its new president amid a broader leadership reshuffle, including the designation of Xu Peng...
Scrubber water pollution 'orders of magnitude' below regulatory limits Pollution in scrubber washwater was found to be far below US and EU limits, a study by Georgia Tech, MIT...
Cosco and CIMC put on US Defense Department sanctions list Key Chinese state-owned shipping firm Cosco and container manufacturer CIMC have been added to the US Defense Department's sanctions list...
US temporarily eases sanctions on Syria The US has announced limited exemptions to prohibitions on transactions with Syria's new governing institutions, and on sales of crude...
Daily Briefing Ship accused of cutting undersea cable by Taiwan changed name before leaving port | Finland court upholds Eagle S seizure...
BlueGrace joins logistics M&A wave, adding FreightCenter to its portfolio The acquisition is part of a surge in logistics M&A transactions aimed at simplifying access to systems and services for shippers and brokers.
Nonresidential construction a headwind for trucking demand: analyst The challenges for truck demand growth in 2025 vary depending on activity in four major sectors: warehousing, office, data centers and manufacturing, according to Jason Miller.
High price to pay for non-compliance with FuelEU rules: Lloyd's Register Carriers adopting a "wait-and-see" approach to the new regulation will face significant penalties and a potential loss of income from decarbonization-focused customers, according to a report from the classification society.
Tariffs, Suez resumption could crimp US West Coast share gains Whereas 2024 was a banner year for US West Coast ports, the pendulum could swing back to East and Gulf coast ports in 2025.
Continued volatility to keep container line profits on course in 2025 Despite a glut of capacity on the water, Suez Canal diversions and healthy volumes will keep global vessel supply tight, analysts predict.
Scorpio Tankers on Cosco: Biden's 'inch' about to become Trump's mile? World's largest product tanker owner makes case for clean benefit to Cosco fallout
Trump refuses to rule out military action to take back Panama Canal President-elect ratchets up rhetoric over claims of unfair treatment in waterway's tolls
US military blacklistings hit Chinese port builder, ship lessor's parent and world's largest container maker CIMC and CCCC both have shipbuilding divisions, though these were not separately listed
New York-listed tanker stocks soar on Cosco military designation Shares on the march in both crude and clean sectors as investors mull tanker market benefit
US 'blacklists' world's largest shipowner and shipyard group in swipe at China Chinese giants appears on Pentagon list, together with oil major CNOOC
Here's how much of 'blacklisted' Cosco's fleet calls at US ports Shipping giant has three joint-venture terminals in the US
Chinese shipping giant Cosco fights its corner after shock US 'blacklisting' State shipowner says it remains committed to carrying out global trade, including in the US
LNG carrier owners facing 'another year of low charter rates', Fearnleys says Deliveries to exacerbate oversupply, with some market tightening by year-end
'Groundbreaking': World's biggest rock installation ship to be chiseled by conversion job Dutch owner is doubling its capacity to become the largest player in the niche sector
Baltic Dry Index falls again as bulker markets remain stuck in the doldrums This year, the seasonal decline in the capesize market is starting from an especially low base
'Groundbreaking': World's biggest rock installation ship to be chiselled by conversion job Dutch owner is doubling its capacity to become the largest player in niche sector
Cosco 'blacklisting' in US fuels fever for tanker market rally In 2019, US sanctions saw VLCC rates top $200,000 per day
Private equity firms battle for Louis Dreyfus Armateurs stake as Rothschild seeks buyer France's Sogestran Group and three private equity funds are interested in investing in historic company
Navigator Holdings confirms $84m swoop for LPG carrier trio US-listed owner expands fleet with German-built ethane and ethylene vessels
Private equity firms battle for Louis Dreyfus Armateur stake as Rothschild seeks buyer France's Sogestran Group and three private equity funds are interested in investing in the historic company
Major Chinese port group bans US-sanctioned tankers from its terminals Move is expected to slow imports of oil to independent refiners
Dark fleet tanker held for Baltic Sea sabotage risks being trapped in ice until spring Impounded cargo and ship could be stuck if ice builds up in Gulf of Finland
Torm cashes in second vintage tanker after busy year on the buying front Danish company sells two MRs in quick succession after 2024 buying spree
NYK plans to 'break free' from Tokyo as it embraces more autonomous global structure Shipowner talks of 'flexible growth despite challenges'
New Donald Trump administration bodes well for coal, says Drewry Outlook not so good for soybean and grain exports to China
Container freight rates rise as new US port strike looms Talks to resume today aimed at avoiding fresh disruption on 15 January
We gave these leaders a job as global shipping CEO and this is what we learned Seafarers recognition seen as key in a changing world
Belships boss Lars Christian Skarsgard to pocket $6m from shares following EnTrust takeover Norwegian executive cashes in stock as he pledges business as usual for bulker owner
Bulker player Suisse-Atlantique hires chief investment officer from Fearnley Securities as it targets fleet growth Jorgen Feldt Sandnes will represent SAG Maritime Capital from Oslo
Union Maritime inks Equinor time charters for new tankers Oil major has employed two methanol dual-fuelled MR tanker newbuildings on a long-term basis
Uniper fears ship seizures as Russia and allies fight back against Western sanctions German energy company looking carefully at the countries it does business with
Bulker player Suisse-Atlantique hires chief investment officer from Fearnleys as it targets fleet growth Jorgen Feldt Sandnes will represent SAG Maritime Capital from Oslo
Say 'Kalimera' to Greece's latest passenger ferry Rebuilt in China, the Yabusa is expected to operate between Piraeus and Aegina after final outfitting in Greece
Union Maritime inks Equinor time charters for tanker newbuilding brace The oil major has employed two methanol dual-fuelled MR tanker newbuildings under long term basis
Knutsen Tankers and Vard reveal project to design nuclear-powered ships Partnership with DNV and others examining three promising reactor types
First president of New Fortress Andrew Dete exits after just two months Freshly created position at US LNG company vacant as executive takes up consultancy role
MOL chief executive outlines bold transformation strategy for Japanese shipping powerhouse Hashimoto wants MOL to pursue bold transformation to adapt to changes in the business environment
US 'blacklists' world's largest shipowner and shipyard in swipe at China Chinese giants appears on Pentagon list, together with oil major CNOOC
Opening of new CMA terminal at Khalifa Port caps expansion-focused year for AD Ports Debut cements a year of achievements for Abu Dhabi-based ports, shipping and logistics giant
Shipowner Ziton builds biggest jack-up fleet in Europe after Macquarie takeover Danish company to use jack-up Wind Discovery for maintenance work at offshore wind farms
Seacon Shipping finances bulker newbuilding with leaseback deal in Japan Chinese owner fixes funding for handysize due from Namura yard this year
Contships extends feeder ship sales drive with triple asset play Nikolas Pateras-controlled firm cashes in on vessels acquired at nearly half the price
Rate boost tipped as US brands Chinese shipping giant Cosco a 'military company' over alleged army links Chinese shipping giant appears on Pentagon list, together with oil major CNOOC and shipbuilders
Kallsson family invests in Erik Thun fleet expansion for the generations to come Company is managed by the third generation of the Kallsson family who have an eye on the future
Former PSA International chairman Fock Siew Wah dies at age 84 He helmed PSA International for 14 years
Say 'Kalimera' to Greece's latest passenger ferry Rebuilt in China, the Yabusa is expected to operate between Piraeus and Aegina after final outfitting in Greece
MOL chief executive outlines bold transformation plan for Japanese shipping powerhouse Hashimoto wants MOL to pursue bold transformation to adapt to changes in the business environment
Opening of new CMA terminal in Khalifa Port marks end of expansionist year for AD Ports Opening of the new terminal cements a year of achievements for Abu Dhabi-based ports, shipping and logistics giant
Labor strife, tariffs to shadow ocean shipping in 2025 After a year marked by port congestion, vessel diversions and longshore labor issues, maritime shipping is bracing for the unknown in 2025.
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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