Tariffs set to dramatically reduce U.S. port traffic With sweeping tariffs now imposed on all U.S. trading partners, import cargo at the nation's major container ports is expected to drop dramatically beginning next month, according to the Global Port Tracker
VIDEO: World's largest suction sails installed on juice tanker Spanish-headquartered wind-assisted propulsion system innovator bound4blue reports that the world's largest suction sails have now been installed on the Louis Dreyfus Company-chartered juice tanker M/V Atlantic Orchard. The four 26-meter high eSAILs
Wärtsilä introduces new methane slip reduction solution Wärtsilä has introduced a new methane slip reduction solution for its Wärtsilä 50DF dual-fuel engine. The new technology converts Wärtsilä 50DF dual-fuel (DF) engines to spark gas (SG) operation. This enables a
Wärtsilä unveils methane slip reduction solution Technology group Wärtsilä has introduced a new methane slip reduction solution for its Wärtsilä 50DF dual-fuel engine. The new technology, which converts Wärtsilä 50DF dual-fuel (DF) engines to spark gas (SG) operation, enables a more optimised combustion process, thereby improving efficiency and lowering methane emissions. Whilst operating on LNG, the new 'Spark Gas Conversion for Wärtsilä 50DF'
Potential Implications of India-UAE-Sri Lanka Energy Hub Agreement The agreement between India, the United Arab Emirates (UAE), and Sri Lanka to develop an energy hub in Trincomalee, Sri Lanka, marks a significant geopolitical and economic maneuver in the Indian Ocean region. Trincomalee's natural deep-water harbor has long been recognized for its strategic value
Operational strain mounts on Yemen's ports as conflict intensifies In the turbulent arena of Yemen's protracted conflict, the nation's ports remain under intense strain-each shaped by geography, politics, and the shifting tides of war. In the south, the Port of Aden, under the control of the Saudi-backed government, has maintained relative operational stability. Though spared from direct attacks in recent months, Aden faces mounting challenges. A surge in mariti
2025 Process Orchestration Trends See what 800+ IT leaders say about orchestration challenges-and where automation is headed next.
Piracy and ship robbery in Asian waters surge in early 2025 Asian waters experienced a sharp rise in piracy and ship robbery incidents during the January-March 2025 period, marking a 53% increase compared to the same period in 2024, according to data from the ReCAAP Information Sharing Centre (ReCAAP ISC). A total of 43 incidents were reported across the region in Q1 2025, up from 28 incidents during the same period last year-representing one of the most
Mawani announces new Milaha service addition The Saudi Ports Authority (Mawani) has announced the addition of the new shipping service, Milaha Inta Gulf Express, by Milaha to King Abdulaziz Port in Dammam. This initiative aims to enhance maritime connectivity between Saudi Arabia and the world while supporting national exports and imports, according to Mawani's statement. This development is part of Mawani's ongoing efforts to strengthen st
Seatrade to utilize Tilla Technologies solution for crew change processes Dutch reefer carrier Seatrade will rely on the Tilla Technologies platform to plan and execute its crew changes in the future. After a successful pilot project in the second half of 2024, Seatrade has now already rolled out Tilla across the majority of its 52-vessel fleet. The goal is to simplify processes, create transparency and measurably optimize crewing decisions. The Tilla Technologies plat
Maersk and CMA CGM terminate US-Venezuela service Maersk Line and CMA CGM will cease their joint Ceiba Express service connecting the United States to Venezuela, as US President Donald Trump piles up more political and economic pressure on Venezuela's autocratic President Nicolas Maduro. The service calls at Port Everglades, Kingston, La Guaira, Puerto Cabello, Cartagena, Pureto Cortes, Santo Tomas de Castilla and Port Everglades. Using two CMA
China already locked in trade war of attrition The new US tariffs present a more severe challenge to Chinese shipping than those imposed during 2016-2020, due to their broader scope, direct targeting of vessels, and a less favorable global trade environment. Chinese shipping companies are bracing for significant financial setbacks, as the new wave of tariffs introduced by U.S. President Donald Trump threatens to disrupt international trade on
Kuehne+Nagel signs MoU with Chinese car manufacturer Kuehne+Nagel and Changan Automobile, a Chinese car manufacturer, signed a memorandum of understanding (MoU) to develop aftermarket logistics for electric vehicle models across the European market, including the United Kingdom, Germany, the Netherlands, Italy, Spain, and France. The Chinese brand is expected to benefit from Kuehne+Nagel's expertise in spare part logistics, especially through its a
GL Terminal invests in Envilog to improve logistics offerings in Indonesia GL Terminal, an integrated logistics service provider based in East Jakarta, Indonesia, has acquired a 30% equity stake in Envilog, a digital logistics platform that connects port terminals, depots, trucking providers, and Customs authorities across Indonesia. Finalized in March 2025, the investment is designed to close the gap between physical infrastructure and digital systems, according to Pau
APM Terminals and Hateco Group inaugurate new container terminal in Vietnam APM Terminals and Hateco Group celebrated the opening of the new terminal in Haiphong, Vietnam, at an event at the terminal facility. The Hateco Haiphong International Container Terminal (HHIT) is able to provide two new deep-water berths at Lach Huyen Port in Haiphong City. The new berths will be capable of attracting mega vessel services of up to 18,000 TEU size. Robert Uggla, Chairman of A.P M
SeaLead expands in Spain SeaLead has strengthened its presence in Europe with the establishment of its own entity in Spain. The company will be located in Barcelona with operations set to commence effective immediately. To enhance regional connectivity, SeaLead is also evaluating the establishment of additional offices in key locations across Spain. Albert Oñate has been appointed Managing Director to lead operations in
Fire hits German boxship off Dutch coast A rescue mission is underway in the Dutch North Sea after an explosion triggered a fire on board a German-owned containership. The 1,368 teu 2009-built Victoria L suffered a blaze in the engine room around 13.00 hrs local time near Hoek van Holland. Two helicopters and multiple vessels have been deployed by the Dutch Coast ...
Bibby unit lines up $25m vessel finance for smaller owners BFS Marine Finance, part of Bibby Line Group's independent funder Bibby Financial Services, has lined up £20m ($25m) to support smaller businesses within the commercial marine sector. A structured facility has been agreed with the British Business Bank to provide secured financing for fleet renewal, expansion or upgrade of existing vessels. The finance is intended ...
DOF secures CSV work offshore Australia Norwegian offshore vessel owner DOF has won a contract award for subsea mooring installation services in the Asia-Pacific region. The contract will utilise the 2010-built construction support vessel (CSV) Skandi Hercules with related moorings and installation subsea services. The scope of work includes DOF's in-house project management and engineering, procurement, and logistics support services.
HSM Offshore bags substation deal for 960MW UK offshore wind farm ScottishPower Renewables, part of Spain's Iberdrola, has awarded an engineering, procurement, construction, installation, and commissioning contract for work on the East Anglia Two offshore substation and jacket foundation to HSM Offshore Energy. HSM will deliver the 5,100-tonne offshore high-voltage substation and its 3,700-tonne jacket foundation for the wind farm off the coast of Suffolk. Init
Aframaxes dominate sanctioned fleet Aframaxes now account for 22% of the total sanctioned vessel population, up from 5% in 2022, having overtaken VLCCs as the dominant vessel type under sanctions in 2024, according to new data from Signal Ocean Platform. Signal currently lists close to 1,000 ships as sanctioned with tankers accounting for two-thirds of the total. In 2022, ...
Machinery damage increasingly taking toll on 'silver tsunami' of older ships Machinery damage is on the rise as shipping adapts to a "silver tsunami" of ageing tonnage. The Nordic Association of Marine Insurers (Cefor) has released its latest annual edition of hull trends, which looks at the impact of the global merchant fleet getting older and older, dubbed the "silver tsunami" in a presentation yesterday, as ...
Spire Global and Kpler resolve dispute over maritime business deal Spire Global and maritime tech firm Kpler have reached an agreement to settle an ongoing lawsuit tied to the acquisition of ship tracking business Spire Maritime. Kpler agreed to buy Spire's maritime arm for about $241m in November. The deal, which was expected to close by the first quarter of 2025, would give Kpler control ...
ADES wins three-rig $180m deal in Egypt Saudi oil and gas driller ADES has won an extension for three of its offshore jackup rigs operating in Egypt. The company said that the extensions were awarded by Egypt-based General Petroleum Company and cover the Admarine III and Admarine VI, which have been extended for a firm one-year period with an optional one-year extension ...
Borr Drilling nets jackup deal hat-trick worth $120m Offshore jackup rig player Borr Drilling has revealed new deals for a trio of jackup rigs in the company's new fleet update. In Southeast Asia, the Thor rig received a binding letter of award from Vietsovpetro in Vietnam. The award covers a firm scope of three wells, with an anticipated duration of 75 days, and ...
US looks set to water down penalties on Chinese tonnage Shipping has had a peek at what charges from the US it faces for links to Chinese tonnage. Appearing in front of a Senate Finance Committee yesterday, US Trade Representative Jamieson Greer said his organisation had taken onboard the huge volume of complaints registered during a public hearing into proposals to charge companies with Chinese ...
Cobham Satcom gets new owners Denmark-based maritime communications technology player Cobham Satcom has been acquired by Scandinavian mid-market investment firm Solix for an undisclosed sum. The company, with a long history of providing satellite antenna and radio communication systems for the shipping sector, said the new ownership should continue and fast-track its growth strategy in the maritime and government markets ...
SBM Offshore banks $400m from FPSO sale and leaseback deal Dutch floater expert SBM Offshore announces it has signed a sale and leaseback financing agreement for one of its FPSOs. SBM Offshore said that the FPSO Cidade de Paraty was sold for the total amount of $400m. The deal included a tenor of eight years. The transaction is expected to be completed before the end ...
Trump leaves this week's green talks at IMO up in smoke Donald Trump has done to the International Maritime Organization what he did to the Paris Agreement, in choosing to distance the US this week from ongoing talks over a global carbon levy on shipping. The most eye-catching scene from the ongoing 83rd gathering of the IMO's Marine Environmental Protection Committee (MEPC) are the three empty ...
DEME to take over Havfram Belgian marine services and dredging group DEME is expanding its footprint in the offshore wind sector with the acquisition of Norway-based contractor Havfram. The deal, worth around €900m ($995m), involves stakes held by private investment firm Sandbrook Capital and Canadian pension fund PSP Investments, as well as, among others, the cost needed to complete two ...
Container bookings into the US slump by two-thirds in the space of one 'explosive' tariff week Donald Trump's self-described next set of "explosive" tariffs are now in effect, including 104% on China, the world's biggest exporter. Also on the list are 60 of what the American president described as the "worst offending" countries, who will face tariffs ranging from 11% to 50%. These are all on top of the 10% blanket ...
How Trump's new economic order risks sinking green shipping As news emerges that the US has pulled out of this week's big green talks at the IMO, Matt Kenney, the head of Laureate Communications, warns readers on how Trump's economic policies could sideswipe the most ambitious maritime transformation in a generation. Let's begin with a truth so plain it should not require reiteration: President ...
Trump capitulates on non-Chinese tariffs, adding to shipping uncertainty World trade is being redirected at a moment's notice by social media posts of a single person: Donald Trump. Wednesday's...
US warns against Houthi oil shipments as Yemeni faction unveils its 'sanctions regulations' The US is warning entities and nations from running afoul of its tightened sanctions against the Houthis. Meanwhile, the Yemeni...
Charter fleet share of global boxship fleet continues to drop More tonnage provider investment in newbuildings of below 5,000 teu suggests the rate of decline of the chartered share of...
FMC probes flag states harbouring 'shadow fleet' vessels After previously announcing an investigation into maritime choke points, the US Federal Maritime Commission chairman Sola is continuing to embrace...
China raises tariffs on US goods to 84% Beijing has increased its retaliatory tariffs following President Trump's executive order on April 8 that increased tariffs on Chinese imports...
Trump threat already priced in at IMO GHG talks The belated US threat to slap 'reciprocal measures' on countries working toward a global carbon price at IMO is not...
Shipowners need to be aware of Arbitration Act 2025 changes, West of England argues Take account of new legislation when drafting charterparties, Cox and Edmondson warn
Adani's 3m teu Colombo terminal opens Adani withdrew its request for funding from the US International Development Finance Corporation, following the indictment of chairman Gautam Adani...
China's state-owned shipping giants join Beijing's stock market rescue effort China's state-owned shipping firms have joined a broader state-led effort to stabilise the stock market through accelerated share buybacks, as...
Grimaldi adds to China newbuilding orderbook with $1.3bn ro-pax contract Grimaldi Group managing director Emanuele Grimaldi says the company continues to strengthen its long, successful alliance with China Merchants Group...
The Daily View: Irrational optimism Red Sea RiskContainersPiracy and Security
Last minute US intervention at IMO threatens to derail climate negotiations The US has dropped a diplomatic bombshell on the pivotal international talks due to agree shipping's decarbonisation regulatory measures. The...
Political turmoil is top challenge confronting maritime this year, says Munich Re German insurer launches White Paper on trends for 2025
CSSC Shipping in $59m leaseback deal with Hanwon for boxship duo Lloyd's List Intelligence data suggests the two ships are likely G. Crown and G. Dragon
Daily Briefing US importers scrap Asian orders as tariffs derail transpacific contracts | Surprise bounce for shipping stocks amid Trump market carnage...
Tariff uncertainty causes plunge in US cargo bookings at Asia load ports And the chilling effect of the tariffs is extending further down the calendar, with forwarders in the trans-Pacific saying US retailers are holding off making purchase orders with factories in Asia for fall and holiday merchandise for 30 to 60 days.
US retailers issue big downgrade in import forecast amid expected tariff pullback The latest Global Port Tracker demonstrates the uncertainty that has overtaken global supply chains since the White House's announcement on tariffs a week ago.
Heavy-lift ship orders demonstrate expectations for offshore energy growth The expansion of the semi-submersible and deck carrier fleet comes amid a forecast rebound in offshore markets, with $46 billion worth of oil and gas EPC contracts anticipated this year and $52 billion in 2026.
Adani opens Colombo's fifth box terminal with Maersk trial call for Gemini The ad hoc call was a precursor to the Gemini Cooperation carriers preparing to position two regular services out of the Colombo West International Terminal beginning next month, sources in Colombo told the Journal of Commerce.
Trump signs executive order to boost US shipbuilding, planning to 'spend a lot of money' Order aims to bolster US shipyards as president declares America 'way, way, way behind'
US-China trade war deepens as Trump's pause on countries that negotiate lifts stocks Stocks surge as president offers first sign of tariff relief since 'liberation day' bombshell
Chinese suezmax tanker re-exports Venezuelan crude cargo from Cuba Arina spent weeks off Caribbean island but is now heading to Asia
'We were held at ransom': Ship manager disputes role in $47m Iranian oil smuggling case Jubilant Ship Management finance chief says company was strong-armed by charterer
Snap, Crackle and Pop: Meet the man rethinking hydrogen as a maritime fuel - Hold Technology creates Rice Krispies-like pellets that can store energy-dense hydrogen
Nigeria's Temile Development inks pioneering order for first-of-kind VLGC Shipowner celebrates signing with HD Hyundai Heavy at London hotel
Explosion and fire rip through container ship in North Sea Crew of 19 were on board German-owned vessel
Angelicoussis leads major Greek attack on 'aggressive and unrealistic' $100bn IMO carbon levy Industry giants express 'grave concern' at proposals under debate in London that risk doubling fuel costs and favouring niche low-carbon projects
EU strikes back against Trump tariffs with countermeasures starting next week Soybeans reportedly included in retaliation package
Fear and loathing: How US climate talks exit is rattling the IMO US threats of retaliation create unease and distrust as climate talks continue
MSC and CMA CGM lead lobby warning that punishing LNG will distort shipping fuel choice Ten companies urge 'a technology-neutral and scientifically grounded approach' to decarbonisation
Tanker investments aid Monjasa as bottom line takes a tumble Danish group logs third-best year on record, despite costs rising
Eurotankers cashes in as VLCC sale-and-purchase market comes alive Greek shipowner bought tanker for $41m and is selling for at least $46m
China strikes back again with 84% US tariff as VLGC market faces turmoil Trade wars continue as more question marks placed over gas exports from US
SeaLead expands European presence with first base in Spain Asian liner operator looking to grow with further locations
Meet Trump's 'dutiful soldier' weighing the port fees on Chinese-linked ships Even outside government, US trade representative Jamieson Greer pursued a tough-on-China trade policy
'Extremely large disruption to trade flows': Trump tariffs send container volumes crashing Premier Alliance reins in the launch of new US service
Tycoon Kurt Zech remains committed to shipping despite Tufton exit German group's maritime boss Johannes Winkler said recent divestments have been a strategic refocus
Ghassan Ghandour-controlled bulker arrested over $80m mortgage claim Kamsarmax seized in Singapore on voyage from New Orleans
WinGD poised to deliver first ammonia engines to yards by June Company unveils new LPG engine that can be upgraded to burn ammonia
Norden head of dry cargo quits and will step down by the end of this year Rasmus Saltofte's upcoming departure follows reorganisation of Norden's asset-light division
$1bn takeover: Norwegian offshore wind installation vessel owner snapped up by DEME Havfram has ordered two wind turbine installation vessels from CIMC Raffles
Venture Global advances LNG newbuilding tender with South Korean yards Ambitious liquefaction developer and shipowner keen to wrap up orders by end of June
Shipbrokers weigh the impact of a Black Sea peace deal on grain exports Russian grain exports down 50% in first quarter, Ukraine sees 82% fall
Container ships and car carriers feel the pain as US tariffs enter force Analysts identify data points indicating trouble for consumer shipping sectors
Global turmoil and tariffs reshaping global shipping, says Munich Re World's largest reinsurer says splits in the global order is top of the list of trends affecting the maritime sector in 2025
US agency signals watering down of Chinese port fees proposals US trade representative Jamieson Greer says not all measures will be implemented
Norden promotes former big oil executive Anne Jensen to group COO Jensen has worked for the Danish owner-operator since January last year
Shell linked to term charters of Chinese-built Celsius tankers amid Trump tariffs 'idiocy' Brokers report three-year deals for scrubber-fitted modern vessels
Iran seizes third tanker in under 10 days in oil smuggling clampdown State media says unnamed ship was intercepted in Middle East Gulf
Hill Dickinson beefs up Singapore ship finance team with new partner Armed with 14 years of experience, Ryan Tan will strengthen firm's ship financing services in Asia-Pacific
'Scientist' Torstein Hagen bets on hydrogen as cruise's future fuel despite supply challenges LNG is not an option for Viking Holdings chief executive
It's not just about the money: Seafarers need better treatment if industry wants seagoing workforce Nautilus co-founder warns that the next generation expects better than what is on offer now
Chinese buyers snap up South Korean and Japanese VLCCs at firm prices as tanker deals accelerate Brokers report deals for non-Chinese tonnage in busy week for big tankers
FSL Trust: 2025 does not present attractive investment opportunities Still, Singapore owner more than doubles 2024 profit to $8.26m on boost from a vessel sale
Jaldhi Overseas bumps up orderbook with stainless steel chemical tanker newbuildings Delivery is scheduled in 2027 and 2028
2025 does not present attractive investment opportunities, says FSL Trust Still, Singapore owner more than doubles 2024 profit to $8.26m on boost from a vessel sale
It's not just about the money: Seafarers need better treatment if industry wants sea-going workforce Nautilus co-founder warns that the next generation expect better than what is on offer right now
Container rates see uptick as tariffs shock supply chain Trans-Pacific container rates moved ahead as trade shockwaves fueled a race to get ahead of the latest tariff announcements.
US threatens retaliation over carbon tax on ocean shipping The United States is threatening to take reciprocal action against nations that agree to a global carbon tax on ocean shipping.
United States reverses course on proposed port fees for Chinese ships The United States won't charge the full range of port fees on Chinese ships calling U.S. ports and won't stack those charges.
New Trump tariffs could 'decimate' China e-commerce, airfreight demand Low-value shipments from China to the United States are expected to plunge in May when their eligibility for duty-free status ends and new tariffs of 104% are applied to e-commerce orders.
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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