Admiral Richard V. Timme joins OMSA as senior advisor The Offshore Marine Service Association (OMSA) reports that Rear Admiral Richard V. Timme, U.S. Coast Guard (Ret.), has joined the association as a senior advisor. OMSA says that the appointment underscores its
Van Oord takes delivery of giant jack-up WTIV Boreas Rotterdam-headquartered Van Oord has now accepted delivery of the mega wind turbine installation vessel (WTIV) Boreas in a ceremony at the Yantai CIMC Raffles Offshore Ltd. shipyard in China. The Boreas, named
Rohlig SUUS Logistics names new CFO and Board Member Tomasz Podgórski has been appointed Chief Financial Officer (CFO) at Rohlig SUUS Logistics, Poland's largest logistics operator. In addition to his CFO duties, Podgórski has joined the company's Management Board, being responsible for overseeing financial operations in Poland and global branches. Tomasz Podgórski commented: "The company is currently experiencing significant growth, particularly i
Hamburg Liaison Office China welcomes new Chief Representative The Hamburg Liaison Office China (HHR Shanghai) has new leadership from 1 January 2025, as Lars Anke stepped into the role of Chief Representative. Having successfully led the office from 2006 to 2019, Anke brings a wealth of experience and dedication to this position. His return is expected to further enhance Hamburg's strategic presence in Asia, driving fresh initiatives and renewed momentum in
Achilles Information takes over Global Risk Management Solutions UK-based Achilles Information, a supply chain risk and performance management service provider, announced the acquisition of Global Risk Management Solutions (GRMS), a provider of supplier risk management programmes, headquartered in Irvine, California. This move builds on the momentum of Achilles' recent purchase of GoSupply, an Iberian supply chain risk company, and represents another milestone
Wärtsilä to power 120-MW facility in Kazakhstan Technology group Wärtsilä, which has maintained a presence in Kazakhstan since the early 1990s, has secured an order to supply engineered equipment for a 120 MW power plant under construction in Kazakhstan. The order, placed by Kazakhstan Caspian Offshore Industries (KCOI) and booked in the fourth quarter of 2024, includes six Wärtsilä 46TS-SG gas-fueled large-bore engines along with mechanical a
DB Schenker opens air cargo route between China and Germany On 7 January, DB Schenker launched a new Ezhou-Frankfurt regular cargo route with the inaugural flight of a Boeing 777 freighter from the Chinese Ezhou Huahu International Airport to Frankfurt, Germany. The route, operated by Etihad Cargo, will run weekly with a stopover in Abu Dhabi, transporting diverse goods including e-commerce, high-tech, electronics, and automotive parts. It is also expecte
KOBC Container Composite Index jumps, Busan-US spot rates surge The Korea Ocean Business Corporation (KOBC) announced that the latest KOBC Container Composite Index (KCCI) stood at 3,480 points, reflecting a 4.41% increase from the previous week. According to the Japan International Freight Forwarders Association (JIFFA), the rise was driven primarily by higher spot rates for container exports from Busan, particularly on the US trade lanes. On the main routes
What Lies Behind COSCO's Inclusion on the US Department of Defense List? COSCO is included among several Chinese companies involved in the shipping sector that have been added to a list by the United States Department of Defense, identified for their connections to the People's Liberation Army. 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 Ne
Port of Melbourne handles over 290,000 TEUs in November In November 2024, total container throughput at the port of Melbourne reached 293,000 TEUs, marking a significant increase of 50,200 TEUs or 20.7% compared to the same month last year. From January to November 2024, container trade grew by 97,400 TEUs at the Australian port, reflecting a 7.3% growth compared to the same period in the previous year. Full container imports, excluding Bass Strait, e
Major operators upped fleet size in 2024 Fleet growth among mainline operators was relatively even in 2024, as all the top 12 carriers increased their capacity by more than 6.9% last year, according to Alphaliner's report. Singapore's Pacific International Lines (PIL), the 12th largest liner operator, increased its fleet by nearly 30% year-on-year, to 383,016 TEUs as of 1 January, after taking delivery of several LNG-propelled post-Pana
MSC increases Emergency Operation Surcharge from North Europe to America In light of the significant changes in the alliances' network, MSC foresees general operational disruption during the first months of 2025. For this reason, the Swiss/Italian ocean carrier has announced the following increase in the Emergency Operation Surcharge (EOS) from North Europe, including the United Kingdom and Scanbaltic region to the United States, Puerto Rico and Bahamas, from 27 Janua
What's Behind Trump's Declarations on the Arctic? The recent developments in China's Arctic activities, as outlined in the US Department of Defense (DoD) report and highlighted by various experts, suggest a significant shift in the geopolitical landscape of the Arctic region. 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 Containe
GEODIS appoints new Executive Vice-President of European Road Network Line of Business GEODIS, a global logistics provider, has announced the appointment of Marc Vollet as Executive Vice-President of its European Road Network Line of Business. In his new role, Marc Vollet will join the Group's Management Board, chaired by Marie-Christine Lombard, Chief Executive Officer of GEODIS. With 30 years of experience managing operations and leading international teams within GEODIS, Vollet
China's secret deal with Houthis? Implications for Red Sea Maritime Trade and Regional Geopolitics According to reports from US intelligence, a clandestine partnership has been unearthed between China and the Houthis, exposing a broad network supplying sophisticated weaponry to the Yemeni rebel group. 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 .
Visy acquires Finnish provider of access control and traffic management solutions Finnish gate automation and OCR solutions provider for container terminals and industrial sites Visy announced that the acquisition of its compatriot Vidamin Oy, a provider of access control and traffic management solutions established in 2008, was completed on 31 December 2024. Vidamin will now function as a subsidiary of Visy, enhancing its capabilities within a larger technological ecosystem a
Japanese port to cease container and multi-purpose operations Port of Muroran, located on the northern Japanese island of Hokkaido, will stop handling container and multi-purpose vessels from April. Muroran port said in an announcement that it wants to strengthen its functions as a base port for offshore wind farms, as Japan pivots towards renewable energy. The announcement came after municipal officials from the Economic Construction Committee of the City
Pre-Lunar New Year Demand Pushing Transpacific Rates Up The January 15th expiration of the interim ILA - USMX agreement set at the conclusion of the three-day October strike is rapidly approaching. Talks resumed but quickly collapsed in November with the sides far apart on the role of automation and semi-automation at these ports. Negotiations are scheduled to restart today though carriers are preparing for a strike, with Maersk urging shippers to pic
DP World reaches 100 million TEU capacity milestone DP World has achieved a milestone, surpassing 100 million TEUs of container handling capacity across its global portfolio for the first time in its history. The achievement follows US$11 billion in strategic investments and infrastructure development over the last decade. Over the past 10 years, DP World's capacity has grown 33%, driven primarily by expansions and new greenfield developments as w
Monjasa brings in ADNOC L&S LNG carrier as FSU in Dubai Danish marine fuels supplier Monjasa is strengthening its LNG bunkering business in the United Arab Emirates by chartering a dedicated floating storage unit. The company, which recently completed UAE's first LNG bunkering via NYK's chartered-in 5,000 cu m Green Zeebrugge is now bringing in an LNG carrier Shandong Juniper from ADNOC Logistics & Services. The ...
Taiwan's Dong Fang Offshore enters European market with DeepOcean charter deal Taiwanese owner and operator Dong Fang Offshore (DFO) has sealed a deal to charter out one of its construction support vessels to Norwegian ocean services provider DeepOcean. The subsidiary of Hung Hua Construction, with a fleet of 16 vessels including those under construction, has fixed the 2014-built Orient Adventurer from early 2026 until the end ...
SBM Offshore invests in Blue Power hub developer Dutch floater expert SBM Offshore has invested in Ocean-Power, a company developing an offshore power hub that generates electricity using gas turbines and carbon capture and storage. The investment by the company follows a memorandum of understanding between SBM Offshore and the Norwegian company signed in June last year. As a result of this investment, ...
MOL in for Samsung VLECs Mitsui OSK Lines (MOL) has been linked to another shipbuilding deal for very large ethane carriers (VLECs) in South Korea. Brokers have placed Japan's largest shipowner behind an order for three 98,000 cu m newbuilds, which Samsung Heavy Industries revealed in late December. The VLECs will cost around $168m each and be delivered by December ...
COSCO seeks to defuse Pentagon spat COSCO, the world's largest shipping company, has sought to downplay news carried by Splash yesterday that it has been 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 ...
Can India reach its ambitious shipbuilding targets? The story of India's government, led by prime minister Narendra Modi, setting a goal to become a top 10 shipbuilder by 2030 and a top five one by 2047 has been doing the rounds for some time now, but how feasible is it and what must happen for that to become a reality? For one ...
Shearwater starts off new seismic acquisition in Brazil's Pelotas Basin Norwegian offshore seismic vessel player Shearwater Geoservices has started the second acquisition season for the Pelotas Basin multi-client 3D seismic survey offshore Brazil. This new acquisition, conducted in partnership with Searcher Seismic, will be the sixth multi-client 3D project for the joint venture and will utilise the SW Empress vessel to expand the Pelotas survey ...
Axess Technologies bags cable installation deal offshore Germany Axess Technologies has been awarded a cable installation contract by Hellenic Cables for the 50Hertz-operated Ostwind 3 project in the German Baltic Sea. The scope of work encompasses planning and pulling internal platform cables into the offshore high-voltage substation, covering both 66 kV and 220 kV cable systems. The engineering phase is already underway, with ...
China's Xingtong Shipping establishes chemical tanker joint venture Chinese chemical tanker player Xingtong Shipping has established a joint venture with Xiamen C&D Supply Chain Logistics Technology, a subsidiary of fellow supply chain management conglomerate C&D. The Shanghai-listed duo is launching Shanghai Xingtong Lianfa Shipping with $35m registered capital that will focus on building and operating new chemical carriers for global trade. The JV, ...
Splash unveils 2025 magazine line-up Having achieved record sales in 2024, Splash's Special Reports division is gearing up for a busy publishing year ahead with a series of agenda-setting magazines that will be made available in print, online, and at key events around the globe over the coming 12 months. Splash's refreshed magazine line-up for 2025 provides unparalleled marketing opportunities ...
Major Chinese port group bans tankers on OFAC's sanctions list Shandong Port Group has banned any tanker sanctioned by the US from calling at its ports. The group oversees major ports on China's northeast coast including Qingdao, Rizhao and Yantai, which are among the biggest destinations for sanctioned oil from Russia, Iran and Venezuela. Reuters has obtained notices sent out by the ports group this ...
AI deployed by 10 European navies to track Russia's shadow fleet The Joint Expeditionary Force (JEF) has activated an advanced UK-led reaction system to track potential threats to undersea infrastructure and monitor the Russian shadow fleet, following damage to a major undersea cable in the Baltic Sea. The JEF is a UK-led Northern European multinational military partnership. The tanker Eagle S which is part of the ...
Bulker boarded by pirates in the Singapore Strait UK maritime security consultancy Ambrey is reporting a bulk carrier was boarded yesterday by four individuals carrying knives while transiting eastbound in the Philip Channel, Singapore Strait, some 12 nautical miles northwest of Pulau Terung, Indonesia, the latest in a string of attacks in the same area over the past few months. Like earlier attacks ...
Taiwan is hunting one cable cutting vessel disguised with three separate digital identities Taiwan suspects that China was behind the cutting of an international undersea telecom cable, but finding the vessel responsible is...
Eletson's battle with fund that became foe is cautionary tale for our times For an investment of around $5m, an opportunist Canadian hedge fund has laid siege to a fleet worth hundreds of...
Swire rejection of $300,000 top-up port fee upheld by Admiralty Court Case highlights need for clarity on what constitutes necessary time for cargo operations
Containership newbuilding orderbook reaches record high Containership newbuildings with a combined capacity of 4.4m teu were contracted in 2024 to bring the total orderbook for boxships...
Pentagon's label of Cosco as military firm signals geopolitics will keep rattling shipping Cosco accounts for one-sixth of total US container imports from Asia, and the Ofac sanction during Trump's first term on...
'Lots of contradictions' in P&I renewal talks, market sources report Feedback on annual negotiations for blue cards varies considerably
Royal Fleet Auxiliary staff accept pay offer Members of both RMT and Nautilus trade unions voted to accept an 'above inflation' pay offer from the Ministry of...
Robust boxship charter market continues into 2025 Big container line operators secure limited supply of post-panamaxes at strong rates, but focus remains on ships of below 3,000...
Finnish authorities name 32 deficiencies on Eagle S The Cook Islands-flagged tanker accused of cable cutting in the Gulf of Finland has been detained before, when 24 deficiencies...
APAC gas and LNG contracting to stay high in 2025 Middle Eastern sellers will offer strong competition with the US, where new tariffs on China could mean unintended consequences, energy...
The Daily View: Time to think the unthinkable? Your latest edition of Lloyd's List's Daily View - the essential briefing on the stories shaping shipping
Chinese builder Hengli Heavy ousts star executive amid expansion road map Hengli Heavy Industry has sacked deputy general manager Zhang Tao, who was recruited from competitor Yangzijiang Shipbuilding with a high...
Navigator complements terminal expansion with $84m acquisition of handysize ethylene carrier trio Navigator Gas has acquired three handysize ethylene carriers for a combined $84m. The company says the acquisition will complement the...
Daily Briefing China's Shandong port bans blacklisted tonnage following spate of sanctioned VLCC calls | Cosco and CIMC put on US Defense...
Norfolk Southern begins limiting export container moves ahead of possible strike It's important for railroads to prevent export containers from clogging their terminals because domestic and international intermodal cargo share terminal space.
Ex-Asia air freight capacity constraints to persist in 2025 Capacity will continue to be the greatest challenge facing cargo owners moving goods from Asia by air this year.
Drayage outsourcing a path to solving diversification challenge Shippers have long outsourced drayage to third parties, but farming out allocation decisions to managed transportation providers threads the needle between access to capacity and neutrality.
Ocean carriers in control on Asia-Europe trade as cargo contracts closed With shippers under pressure to finalize production plans with Asian factories amid ongoing vessel diversions around Africa and elevated rates, there is little point in delaying the signing of annual contracts.
Turkish liners shift to India for Suez routings with relays to US, Europe Local freight forwarders believe any extra capacity entering the Indian market from smaller ship operators working around an "opportunistic approach" has the potential to spoil rate recovery efforts by large carriers.
Mutual fund titan Vanguard among US financial firms with Cosco exposure Cosco has not been labelled a Chinese military company on list that impacts investment in stock
Lloyd's of London boss John Neal exits for Aon Leading insurance marketplace will have new CEO and chair in 2025
Gianluigi Aponte's MSC tops ranking as fastest-growing liner company for fourth year running Capacity gap between world's largest carrier and second-placed Maersk widens
Swire wins legal fight with port over claims bulker 'outstayed welcome' Judge decides Port of Sheerness was wrong to penalise ship for longer than expected operation
Unhappy new year for the Baltic Dry Index as it dips below 1,000 points again Average capesize rates have also fallen below $10,000 per day, down by 15% since Monday
Crowley buys secondhand steam turbine LNG carrier for Americas business Database show US company took ownership of 31-year-old vessel in December
Aristides Pittas on Euroseas spin-off: There's life in older container ships yet Opportunity for soon-to-be-listed Euroholdings could increase value of both listed companies
Grieg promotes Hege Leirfall Ingebrigtsen to top role Gry Larsen steps down after two years
China fights back as US 'blacklisting' of shipping firms 'overstretched' national security Drewry analyst feels the US is just expressing its anti-China sentiment
'Threat to safe shipping': How 80% of blacklisted vessels trade with unknown insurance Audit identified 118 maritime incidents involving sanctioned vessels since 2021
Monjasa charters in Adnoc L&S LNG carrier relet to bolster new Dubai operations Danish bunker supplier adds 21-year-old vessel as floating storage unit
Sanction tanker masters and flag states to stop Iran shipping more oil, says pressure group Lobby group says export statistics show stiffer measures are needed
Syria contracts floating powerships in bid to resolve energy crisis Two vessels en route from Turkey and Qatar as new regime tackles electricity crisis
Shell hints at 'significantly lower' fourth-quarter LNG results Annual figures due out at end of January
Chinese shadow tanker port ban could lead to 'significant' rate rally, analysts say Fearnley Securities believes importers will turn to mainstream ships
Stephenson Harwood targets Greek expansion as it hands Dora Mace-Kokota new role Long-time Piraeus office boss Nigel Bowen-Morris steps down
Syria contracts floating power ships in bid to resolve energy crisis Two vessels en route from Turkey and Syria as new regime tackles electricity crisis
New AI weapon in fight against dark fleet tankers as sabotage tensions flare Pressure on the dark fleet intensifies after cable cutting in the Baltic Sea
UK deploys AI to track Russia's dark tankers as sabotage tensions flare Pressure on the dark fleet intensifies after cable cutting in the Baltic Sea
Dubai hosts its first LNG bunkering as Monjasa's new vessel supplies Costa Cruises ship United Arab Emirates moves onto LNG-fuelling map
Lightship Chartering opens Chile office as global expansion drive rolls on Broker has been hiring around the world, including Dubai and Genoa
Knife-wielding gang raids bulker travelling through key shipping route Boarding of Liberian-flagged ship was second in little over a week
Tanker deliveries surging past broker estimates with more to come Braemar's Henry Curra says last year's estimates are looking very conservative after order spree
Shadow VLCC that spoofed its way overland to Venezuela 'didn't read the manual' TankersTrackers highlights amateur disguising of tanker's journey north from the southern Atlantic
Borealis offshore firm brings in experienced commercial boss as fleet grows Aurora Offshore adds executive to help handle growing number of ships
Navig8 takeover complete as Adnoc seals $1.1bn acquisition Abu Dhabi-based shipowner now holds an 80% stake in UK-based tanker operator
Speculators step back after offshore newbuilding orders surge to 10-year high, Clarksons says Resurgent sector taking a pause from rapid growth, research boss explains
'Coming home': Christopher Anderson back at MB Shipbrokers after Adani takeover of Astro Offshore Experienced broker to run offshore and renewables desk in Dubai
Erasmus Shipinvest expands LPG fleet with newbuildings New 11,000-cbm vessels are part of Erasmus' target of 20-plus LPG carriers
Chinese tanker stocks soar on opening of Asian markets on Wednesday Cosco Shipping Energy Transportation mimics gains by US tanker stocks despite parent company's US military designation
China yet to respond officially to US military 'blacklistings' of state-owned shipping giants Strong response expected from China's Ministry of Foreign Affairs on Wednesday
ILA, USMX reach contract agreement on automation, avoiding port strike The International Longshoremen's Association (ILA) and the United States Maritime Alliance (USMX) have reached a tentative agreement on a new six-year master contract. The agreement will replace the expiring contract [...]
CPB looks to close security gaps on rail exports to Canada, Mexico U.S. Customs and Border Protection is proposing a rule requiring railroads to provide more timely information to the agency for all export cargo to crack down on high-risk illegal shipments.
At TRB: Costly issues weigh on port efficiency Stakeholders at the Transportation Research Board annual meeting gathered to evaluate port performance, a complicated conversation within the supply chain.
Orient Overseas (International) Limited (OOIL), the subsidiary of the Chinese shipping group COSCO Shipping Holdings that operates containerized maritime transport services with ...
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