Hanwha picks former PEO Ships Tom Anderson for top new U.S. shipbuilding role U.S. Navy Rear Admiral and former Program Executive Officer, Ships, Tom Anderson has joined Arlington, Va.-headquartered Hanwha Defense USA as president of U.S. shipbuilding. Anderson served in the U.S. Navy for 34
IWS books first charter for just-delivered CSOV IWS Sunwalker Oslo-headquartered Integrated Wind Solutions ASA (IWS) reports that its IWS Fleet AS subsidiary has secured a 75-day fixed charter contract for the Commissioning Service Operation Vessel IWS Sunwalker with an existing client.
GEODIS hits 500th freighter flight from Asia to Mexico GEODIS, a global logistics provider, has celebrated the 500th flight on its dedicated freighter route from Asia to Guadalajara, Mexico. Operated through a long-term partnership with Atlas Air, the service delivers consistent, reliable, and secure cargo solutions for customers across the region. Launched in 2019, the service operates two weekly flights from Shanghai and Hong Kong directly to Guada
HJ Lubricators launches SIP+ Valve to cut retrofit time HJ Lubricators has introduced SIP+ , the next-generation upgrade of its patented Swirl Injection Principle (SIP) valve for two-stroke marine engines. The new design aims to reduce fuel-oil consumption and minimize retrofit downtime for shipowners. The redesigned, dual-fuel-ready SIP+ valve eliminates the need for internal liner machining and top-cover removal. This reduces installation time by ov
ONE launches Pakistan Gulf Service (PGS) Ocean Network Express (ONE) has announced the launch of its new Pakistan Gulf Service (PGS), designed to strengthen trade links and improve connectivity between Pakistan and the Middle East. The new service addresses rising demand in the region, offering customers optimized network coverage, faster connections, and reliable shipping solutions. Service details: Service name: Pakistan Gulf Service
SEA-LNG highlights progress on emissions cuts and LNG growth SEA-LNG, the industry coalition promoting the methane decarbonisation pathway, has highlighted major progress in reducing greenhouse gas (GHG) emissions from LNG as a marine fuel, alongside rapid growth in LNG-powered shipping and advances in biomethane bunkering. Over the past six years, SEA-LNG members have helped drive global adoption of LNG-fueled vessels while supporting wider use of liquefi
Prince Rupert Port Authority CEO Shaun Stevenson to retire The Prince Rupert Port Authority (PRPA) has announced that President and CEO Shaun Stevenson will retire effective December 31, 2025, following nearly three decades with the organization. Stevenson, who joined PRPA in 1997 and became CEO in 2018, has played a central role in transforming the Port of Prince Rupert into Canada's third-largest port, now handling more than $60 billion in trade annual
PhilaPort acquires 152-acre Mustin Yard to boost future growth PhilaPort has announced the acquisition of the 152-acre Mustin Yard property from Norfolk Southern Corporation, marking a significant milestone in the Port's long-term expansion strategy. Located adjacent to PhilaPort's SouthPort Marine Terminal, Mustin Yard represents the last major tract of land connecting deep water, rail, and highway infrastructure in Philadelphia. Formerly part of the histor
Hamad Port emerges as winner in Middle East shipping upheaval Doha's strategic facility capitalizes on Red Sea crisis while regional rivals struggle with disruption
Goltens and IPCO Power partner on fuel efficiency solutions Goltens Worldwide and IPCO Power have signed a strategic collaboration to help shipowners optimize fuel operations and improve sustainability. The partnership combines IPCO Power's fuel homogenization technology with Goltens' global engineering and service capabilities. Together, they offer a fully integrated solution, covering 3D scanning, technical design, installation, commissioning, and long-
Cavotec wins EUR 9.35M orders for shore power systems Cavotec has signed two new contracts worth a combined EUR 9.35 million with a leading global container shipping company. The deals cover shore power systems for both newly built and existing container vessels. The first contract, valued at EUR 5.55 million , involves retrofitting Cavotec shore power systems on a large number of existing vessels. The upgrades will take place while the ships remain
FedEx Freight appoints Marshall Witt as Chief Financial Officer FedEx Corp. has named Marshall Witt as senior vice president and chief financial officer of FedEx Freight, effective October 15. Witt previously served as CFO of TD SYNNEX, a global IT distributor and solutions provider. During his 12-year tenure at TD SYNNEX, Witt guided the company through strong revenue and EBITDA growth, leading major initiatives in capital allocation, mergers and acquisition
Molgas finalizes full acquisition of Titan Clean Fuels Molgas Energy Group ("Molgas"), backed by InfraVia Capital Partners, has completed the full acquisition of Titan Energy Holding, the parent company of Titan Clean Fuels ("Titan"). The deal follows Molgas' earlier 45% stake and marks a major step in its expansion into clean marine fuels. Firstly, Titan supplies liquefied biomethane (LBM/bio-LNG) and LNG to maritime and industrial customers. Its sm
Hellmann, SkyNet team up on global cross-border E-Commerce Hellmann Worldwide Logistics and SkyNet Worldwide Express have entered a strategic partnership to launch a new door-to-door cross-border e-commerce solution, offering a fully integrated service that connects consumers and brands across global markets. The solution covers the entire e-commerce supply chain, from warehousing and fulfilment to last-mile delivery and returns management, providing a f
Yokohama Port container traffic up 0.8% in H1 2025 The Port of Yokohama handled 1.36 million TEUs of oceangoing containers in the first half of 2025, up 0.8% year on year, according to preliminary data from the city's Port, Harbor Bureau, and as Japan International Freight Forwarders Association reported. Total container throughput reached 1.53 million TEUs, an increase of 2% compared with the same period last year. Exports rose 3.1% to 740,016 T
Suez Canal Authority calls on Maersk to resume transits The Suez Canal Authority (SCA) has called on global shipping leader Maersk to gradually resume vessel transits through the Canal, underlining its continued role as a key artery for international trade. According to Daily News Egypt, the appeal was made by SCA Chairperson Osama Rabie during a meeting with Danish Ambassador to Egypt Lars Bo Møller and a Danish delegation at the Authority's headqua
Kuehne+Nagel expands air network with new Bengaluru gateway Kuehne+Nagel has launched a new air logistics gateway in Bengaluru, expanding its global airfreight network and strengthening support for India's fast-growing high-tech, healthcare, and automotive sectors. The facility handles cargo consolidation and deconsolidation, streamlines customs processes, and offers temperature-controlled operations to ensure reliability and efficiency. Fully integrated
SC Ports Authority appoints new President and CEO The South Carolina Ports Authority (SC Ports) has appointed Micah Mallace as its new President and CEO, following a unanimous vote by the Board of Directors. Mallace, a Charleston native, brings extensive experience in maritime and logistics. He previously served as Chief Commercial Officer at SC Ports and later as President of Harbor Logistics, a third-party logistics company specializing in por
Mersin Port welcomes 19,000-TEU MSC DITTE Mersin International Port (MIP) has reached a major milestone with the successful berthing of the 400-meter, 19,313-TEU container ship MSC DITTE at its newly completed East Med Hub 2 (EMH2) Terminal. The event marks the first call of a mega vessel at the 880-meter terminal, highlighting MIP's growing capacity and strategic role in regional and global trade. The arrival was celebrated with a cerem
IOMSR expands in Asia with Hong Kong appointment The Isle of Man Ship Registry (IOMSR) has expanded its footprint in Asia with the appointment of Aga Nagarajan as its new representative in Hong Kong. A seasoned maritime professional, Aga brings extensive industry experience from his previous role as Executive Director at Fleet Management Limited, one of the world's leading ship management companies. His appointment reinforces IOMSR's commitment
Virgin Atlantic Cargo expands digital access via CargoAi Virgin Atlantic Cargo has joined forces with CargoAi, a leading digital platform for the airfreight industry, in a strategic partnership aimed at expanding the airline's global digital presence and enhancing the booking experience for freight forwarders. The integration allows forwarders to access Virgin Atlantic Cargo's worldwide capacity across major markets, including the UAE, Europe, the US,
US Customs announcement puts another layer in US-China power play New docking charges weaponize trade policy to counter Beijing's naval expansion while reviving American shipyards
Aurora Offshore scores Harbour Energy PSV fixture Borealis Maritime's offshore vessel arm, Aurora Offshore, has secured long-term employment for one of its platform supply vessels. Brokers report the 2021-built Aurora Cooper fixed to Harbour Energy for six months plus multiple extension options, with the charter starting this month. Dayrates for the LNG dual-fuel battery hybrid unit, which will support the semisubmersible rig ...
Molgas takes full control of Titan Clean Fuels Molgas Energy Group has completed the full acquisition of Amsterdam-based Titan Energy Holding, parent company of Titan Clean Fuels, creating one of Europe's largest integrated downstream LNG and bio-LNG players. The Madrid-headquartered company, backed by infrastructure investor InfraVia, said the transaction marks a key step in its strategic expansion into clean marine fuels. Molgas previously
China surges ahead in offshore wind as US policy reversals stall growth As the US focuses on domestic oil and gas to reduce reliance on China, its offshore wind industry is suffering from halted projects, tax rollbacks, and inflation. The side effect of this is the overwhelming takeover of offshore wind by Asia's largest nation. Despite such unfavourable conditions in the US, Rystad Energy research shows new ...
Integrated Wind Solutions secures fresh work for two CSOVs Commissioning service operation vessel (CSOV) owner Integrated Wind Solutions has deals for two of its vessels. The first contract is a 75-day fixed charter contract for the IWS Sunwalker CSOV with an existing client. The company said that the charter end date aligns well with a pre-existing commitment set to begin in the first quarter ...
AKOFS Offshore firms up deal for MPSV with Petrobras Subsea well construction and intervention services provider AKOFS Offshore has signed a contract for one of its multipurpose service vessels (MPSV) with Brazilian state-owned oil and gas giant Petrobras. The contract, won following a competitive tender process, is for the 2009-built AKOFS Santos, previously known as the Skandi Santos. The initial contract was won in August this ...
Denmark tightens checks on shadow fleet The Danish government yesterday announced it is tightening environmental and safety inspections of oil tankers-especially older, high-risk ships-passing through its waters or anchoring at Skagen Red, a key anchorage at the gateway between the Baltic and North Seas. Environment minister Magnus Heunicke said older vessels pose particular threats to Denmark's marine environment, underlining the need
Densay expands tanker newbuild drive in China Dubai-based Turkish owner Densay Shipping is strengthening its push into the tanker sector, adding two more MR newbuildings at China's Wuhu Shipyard. Shipbroking sources said the latest 50,000 dwt vessels, set for delivery in 2027, are optional units from the four-tanker order Densay placed at the end of 2024. The original batch - conventionally fuelled ...
Eleen Marine denies abandoning bulker crew in Nigeria Greek shipmanager Eleen Marine has issued a detailed rebuttal following Splash's previous report of the Eleen Armonia crew being stranded in Nigeria for more than three months without receiving salaries. An email, sent by a crew representative to Splash in late September, claimed that many crew contracts have already expired, but that no repatriation or crew ...
Carriers blank sailings at pandemic pace to prop up rates Containerlines are scrapping sailings at a pace not seen since the height of the pandemic, as tariff turbulence and weak US demand ripple through global supply chains. Carrier operating margins have dropped below breakeven on several key routes, with carriers still prioritising market share over profitability. Fresh data from project44 shows 67 sailings cancelled from ...
Why pooling shouldn't be a bargain hunt Compliance doesn't come cheap when it comes to FuelEU Maritime, warns Philippos Ioulianou, the managing director of EmissionLink. With the EU ETS reporting deadline passed and FuelEU Maritime enforcement fast approaching, 'pooling' has become the buzzword in compliance conversations. Unsurprisingly, most of the debate has been about cost: Who offers the cheapest pool? What's the ...
Qatar peels back navigation ban Doha has just softened its maritime blackout. After a full suspension on October 4 due to GPS disruptions, Qatar's Ministry of Transport partially lifted the freeze late yesterday. Daytime navigation is now allowed, though nighttime restrictions remain for smaller, non-merchant vessels. The move comes amid warnings that the GPS "technical fault" - first detailed on ...
Hanwha Ocean completes world-first LNG ship-to-ship transfer during sea trials South Korean yard Hanwha Ocean has claimed a world-first in LNG handling, successfully carrying out a ship-to-ship (STS) transfer of liquefied natural gas between two vessels while both were still on sea trials. The landmark operation took place off Geoje Island, involving the newbuilds Maran Gas Syros and GasLog's Woodside Jirrubakura. According to the builder, ...
AI, digitalisation and the human factor set to headline Geneva Dry 2026 The organisers of Geneva Dry have unveiled today a brand new session for the 2026 edition of the world's premier commodities shipping conference. The AI, Digitalisation, And The Dry Bulk Workforce session will be the penultimate session on the first day of the summit, and follows on from a recent similar, highly interactive panel carried ...
Seafarer dies from injuries after Gulf of Aden attack on Spliethoff ship Dutch shipping group Spliethoff has confirmed the death of one of its seafarers who was critically injured when the general cargo ship Minervagracht was hit by a Houthi missile in the Gulf of Aden in September. The crewmember died in a hospital in Djibouti after being airlifted from the vessel by French forces. Spliethoff said ...
South Korea's DM Shipping books chemical tanker newbuilds at New Jiangzhou Shipyard South Korea's DM Shipping has placed an order in China for three chemical tankers as the owner looks to strengthen its fleet with next-generation tonnage. The contract covers 33,000 dwt units, worth more than RMB 1.2bn ($168m), at Jiangxi New Jiangzhou Shipbuilding Heavy Industry. Deliveries are scheduled for 2028 and 2029, with all three ships ...
VLCC spot rates fall back to Earth after September surge into stratosphere The pullback from last month's peak highlights the inherent fragility of the VLCC spot market, but there is still plenty...
MOL signs ammonia bunkering MOU The agreement between NH3 and Oceania Marine Energy will see MOL become the first shipping company to participate in the...
Leading shipowner associations fire warning ahead of crucial climate decision After several significant industry players voiced their dissent towards the Net-Zero Framework, many of the world's largest shipowner associations say...
Boxship charter market stays resilient despite freight market slump For now, vessel scarcity continues to support charter rates despite broader market headwinds
Data and relationships key as Los Angeles battles policy whirlwind Unpredictable trade policy is causing maximum uncertainty at terminal velocity but Port of Los Angeles' Gene Seroka is standing firm...
Continued Russian fuel flows into Singapore stirs pricing chaos The influx of cheaper high-sulphur Russian oil is distorting prices, leading to a two-tier marine fuel market, a Marine Fuels...
Rokstone hires senior QBE duo for Singapore marine expansion Managing general agent appoints Sharon Seah and Hui Ling Long as directors in its new Singapore hub
Container lines have forged ahead on fuel transition irrespective of MEPC vote As the IMO's MEPC83 prepares to vote on a landmark Net-Zero Framework that could introduce the world's first binding, carbon...
Miller hires NorthStandard's Taylor to lead P&I Nick Taylor joins London-based re/insurance broker to oversee direct P&I business
Cosco ports unit finalises Thailand container terminals deal Chinese giant buys into Laem Chabang
Industry looks beyond LNG for a net zero future With only a week to IMO's NZF vote, industry players took stock on decarbonisation at the Marine Fuels 360 conference...
Seafarer dies after Houthi attack on Dutch cargoship A crew member on board the Dutch general cargoship Minervagracht has died from injuries sustained during a Houthi-led attack in...
Qatar rolls back navigation ban The Ministry of Transport had ordered all navigation in the area to cease because of a GPS fault, but Lloyd's...
The Daily View: Mobilising the troops
Daily Briefing Long journey of blaze-stricken, Iran-linked Captain Nikolas' weary cargo nears conclusion | Port fee questions still unanswered even as CBP...
Contract season looms for ocean carriers facing Asia-Europe rate slump Shippers and their forwarders will soon be launching long-term contract tenders for 2026 as the spot market - which heavily influences the contract market - slides closer to pre-Red Sea attack levels.
Prince Rupert searching for new CEO after Stevenson announces retirement Shaun Stevenson, who guided development of Prince Rupert's Fairview Container Terminal and the port's intermodal services to Chicago and eastern Canada, is leaving at year's end after 28 years with the port, including the last seven as CEO.
New automation provider emerges to tackle forwarder quoting inefficiencies Upheaval in global trade is putting more pressure on forwarders to invest in automation to price their services quickly and more effectively, an area that startup Nexcade is targeting.
Current trans-Pacific price plunge lacks the echoes of prior 'rate wars' But if current rate competition doesn't possess the edge it did in prior years, the question is why and whether that matters if the overall effect is to substantially lower rates for shippers in a down market, writes Peter Tirschwell.
Okee Maritime cashes in on a big rise in feeder container vessel values Diversifying German owner sells boxship at a big mark-up
Navios Partners clears fleet renewal path as it offloads veteran ship Chinese buyers are behind Angeliki Frangou's latest divestment
Fresh warning to shipping on electronic interference in key Middle East waterways Maritime authorities recommend extra vigilance in worst-affected areas
'Psychological torture' inflicted on tanker crew after vessel seized in West Africa Seafarers forced to watch torture during nearly 10 months of detention by two African nations
Hartmann Group reflags 18 LPG carriers after German tax changes Shipowner controls 37 gas ships in total
Guards high on drugs and alcohol spark $60m court claim over crew held hostage on VLCC Flag state targets Equatorial Guinea over a string of alleged breaches of global maritime rules
Axel Stove Lorentzen buys into Faerder Tankers Norway and takes chairman's seat Co-founder Turid Moe Sorensen steps down after seven years
Clarksons' new building to transform the lives of London's homeless young people, Jeff Woyda says Shipbroker's charitable foundation teams up with Centrepoint for new independent living development
Port fee fever drives 'crazy numbers': Broker BRS talks US dry bulk in Trump era Trump administrative initiatives have ramped up rates in Atlantic, and caused caution in forward fixtures
Tanker narrowly avoids crashing into North Sea wind farm after power failure Vattenfall says Eva Schulte drifted to within 1,000 metres of Dutch offshore facility
Liner contract rates fall for first time in a year Drop in long-term contract rates puts shippers in the driving seat for 2026
Brokers say dry bulk community will rally behind Mercy Ships Cargo Day Broker has been heavily involved in building support for medical charity
Top Union Maritime director's pay swells to $10.6m as ship sales underpin profit UK tanker and bulker owner says cashing in six vessels last year helped the bottom line
Italian court to sell ropax arrested by its crew and other creditors Brokers believe 46-year-old ferry Santa Cruz will struggle to find a trading buyer
'Volatility and mispricing': How Trump is creating opportunities for one London-based shipping hedge fund Albemarle Shipping Fund has returned 23% in 2025
Ex-ICS chief Guy Platten joins seafarer welfare charity board Guy Platten led the shipowner organisation for seven years
Ban on shipping activity due to GPS fault partially lifted by Qatar Government warns continuing problems can compromise safety
Greek refiner contract spurs Med Tugs to up Turkish orderbook Long-term tanker terminal contracts open new opportunities for a string of tug operators
Charterers try talking term on LNG carriers in hope of picking off a bargain Weak market putting a damper on periods beyond two years
Suspect in one of shipping's most baffling hijacking cases arrested after 15 years on the run Russian-Israeli man seized in Cyprus after disappearing while on bail
Chinese container ship sails into Samudera Shipping's fleet The Sinar Carita purchase is Indonesian owner's first vessel buy in almost two years
MOL signs up to ammonia bunkering project for its new capesizes servicing the world's largest iron ore port Japanese owner to address safety and availability of green fuel in Pilbara region
British shipowner Anglo International pivots away from long-term bulker deals as profit rises Private UK-based owner says tailwinds are expected from limited fleet growth
Hoegh Autoliners lowers profit guidance amid weakening trade balance Norwegian owner sees rates slide as volumes hold up
Pan Marine moves into ropax sector with New Zealand buy Egyptian offshore and liner player takes delivery of 1997-built ropax from StraitNZ Bluebridge
Seafarer dies from injuries after Houthi missile attack Fatally injured Filipino is the latest victim of the Yemen rebel group's campaign
Kjell Inge Rokke company fixes ship to Petrobras for $246m Norwegian magnate's AKOFS Santos will work as an MPSV in Brazil
South Korean owner DM Shipping turns to China for chemical tanker newbuildings Tanker company orders trio worth around $168m at Jiangxi New Jiangzhou Shipbuilding
Greek refiner contract spurs Vernicos Scafi to up Turkish tug orderbook Long-term tanker terminal contracts open new opportunities for a string of tug operators
Ifchor Galbraiths says dry bulk community will rally behind Mercy Ships Cargo Day Broker has been heavily involved in building support for medical charity
South Korean owner DM Shipping turns to China for its chemical tanker newbuildings Tanker company orders three 33,000-dwt newbuildings worth around $168m at Jiangxi New Jiangzhou Shipbuilding
Chinese container ship sails into Samudera Shipping's fleet The Sinar Carita purchase is Indonesian owner's first vessel buy in almost two years
Trafigura fixes N2 Tankers newbuilding straight out of the shipyard Market sources say commodities giant has fixed brand new Southern Resonance for 150 days
Japan's planned shipbuilding boost will find plenty of demand, experts say China will remain dominant in yard sector despite threats from US
Trump expands truck tariffs while delaying start to November Step could impact vehicle carrier and ro-ro operators
Shipping waits for answers on US fees after Washington says: 'You figure it out' Industry continues to wait for guidance with roughly a week to go
Gaza plan to boost Suez shipping recovery in 2025 Plans to end the war in Gaza should help global shipping return to the Suez Canal in 2025, the waterway's chief said.
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.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
