U.K. pilots launch interactive aid to compliance with new SOLAS pilot transfer reg As well as being potentially deadly, deficiencies in pilot ladders and pilot transfer arrangements can carry serious operational and financial consequences for the supply chain In a move to enhance pilot transfer
VIDEO: Asian Spirit arrives Duluth with milestone wind energy cargo The general cargo ship Asian Spirit arrived yesterday at the Duluth Seaway Port Authority's Clure Public Marine Terminal with 39 wind turbine blades, completing a project that involved six voyages and more
Imabari Shipbuilding delivers LNG-Fueled 209,000 DWT bulk carrier On 7 August 2025, Imabari Shipbuilding delivered the 209,000 DWT LNG-fueled bulk carrier SG DAWN at its Saijo Shipyard. The Cape-size vessel, built under Common Structural Regulations (CSR BC&OT), can operate on both fuel oil and LNG. LNG fuel tanks are installed on the stern upper deck, maintaining the same cargo volume as heavy oil carriers and ensuring high transport efficiency. Each cargo hol
Fincantieri appoints new Director of Naval Vessels Division Effective 1 September 2025, Eugenio Santagata will assume the role of Director of Fincantieri's Naval Vessels Division, succeeding Dario Deste, who is retiring after a distinguished career. Deste will continue supporting the CEO in developing operations in the United States. A former Italian Army officer, Santagata has held senior roles in the defence sector, including leadership positions at Ele
Lloyd's Register appoints new Africa Business Director Lloyd's Register (LR) has named Ngozi Gwam as its new Business Director and Senior Representative for Africa. The move strengthens LR's focus on the continent's growing maritime and energy sectors. Gwam will lead LR's strategy in Africa. He will work directly with clients and partners to deliver tailored solutions. He'll also drive growth and expand LR's presence across the region. He has led LR'
RXO and Triumph expand carrier payment tools RXO has expanded its partnership with Triumph to launch new financial tools aimed at supporting carriers. The collaboration brings Triumph's Factoring as a Service and LoadPay to the RXO Extra program. The new service, called RXO Extra | Factoring , gives carriers faster access to payments, even if they don't haul for RXO. They can receive same-day payments on approved invoices, 24/7, including w
Major trades' rate collapse in full swing Spot rates are expected to slide below Red Sea crisis levels as the supply and demand balance falls out of kilter, with traditional high season rush having been condensed and the US and European trades suffering excess capacity levels. Xeneta data shows that average spot rates are currently $2,274/feu on the Pacific trades and heading towards the pre-Red Sea crisis level of $1,643/feu seen on 1 D
Kuehne+Nagel grows ABB partnership in Chile Kuehne+Nagel is deepening its long-term collaboration with ABB in Chile. The new agreement adds contract logistics, last-mile delivery, and fulfilment services to a partnership that already spans more than 10 years in the country, and over 30 globally. Under the expanded deal, Kuehne+Nagel will now support ABB's Electrification, Motion, and Process Automation units. The company has also added cro
IMO opens first pacific regional office in Fiji The International Maritime Organization (IMO) has opened a new Regional Presence Office (RPO) in Suva, Fiji. This is the first IMO office in the Pacific region. Firstly, the office will help Pacific nations follow global maritime rules. It will support work on safety, environmental protection, and industry growth. Moreover, the Government of Fiji is hosting the office, which is based at the Secre
SITC joins Sustainable Fuels Alliance On 6 August 2025, at the 2025 Science-Based Targets Development Forum in Nanshan, Shenzhen, SITC Shipping President Ji Wenguang signed the Joint Initiative to Lead the "Green" Power Revolution: Working Together to Create a New Future for Sustainable Fuels . The move marks SITC's entry into the Sustainable Supply Chain Alliance and its commitment to advancing low-carbon development in global shipp
SeaLead fleet disrupted by US sanctions According to DynaLiners , Singapore-based SeaLead Shipping has been hit hard by the US Office of Foreign Assets Control (OFAC) decision to add around 50 ships,including 22 container vessels, to its sanctions list over alleged ties to Iran. As a result, SeaLead has been forced to cancel the charters of 16 out of its 36 vessels, disrupting its Far East-Mediterranean 5CX and China-Red Sea CRS servic
Goodrich to launch RSX1 Red Sea service According to Saudi Arabia's port authority Mawani , Mumbai-based logistics provider Goodrich will introduce a new Red Sea connection, coded RSX1. The service will deploy a single 720 TEU vessel, calling at Jeddah, Port Sudan, Djibouti, and Jebel Ali. Founded in 2014, Goodrich Shipping & Logistics has built a strong presence across tier I and tier II cities in India, including Mumbai, Chennai, Kol
Tmaz unloads wind turbine cargo from China Mazatlán's Terminal Marítima de Mazatlán (Tmaz) marked a major milestone this week, successfully unloading more than 1,190 tons of wind turbine components from China. The heavy-lift operation took place aboard the ML FRAGATA and involved 173 oversized steel structures destined for Mexico's electricity sector. Some of the assembly parts alone weighed over 36 tons. "This operation proves our capabi
MSC revises Canada Express service According to DynaLiners , MSC has updated its Europe-St. Lawrence Seaway Canada Express, adding new calls at Sines (Portugal) and Malaga (Mediterranean), while removing the call at London Gateway. The service now operates with five vessels of around 3,000 TEU each, up from four previously, and follows the rotation: Antwerp - Le Havre - Montreal - Halifax - Malaga - Sines - Antwerp. The post appe
Shimizu Port sees steady rise in foreign-trade containers in July Container traffic at the Port of Shimizu continued its upward trend in July as Japan International Freight Forwarders Association (JIFFA) reported. The central Japan port handled 35,521 TEUs of foreign-trade containers during the month, a 2.4% increase year-on-year, marking the fifth consecutive month of growth. Exports of loaded containers edged up slightly to 13,291 TEUs, a 0.5% rise. Imports w
Marcura acquires Brightwell Navigator Marcura has announced the acquisition of Brightwell Navigator, a move that significantly expands its presence in the cruise industry. Navigator, a leading player in cruise crew payroll and payments, now joins Marcura's payments division, MarTrust. This deal brings together two heavyweights in crew payment services. Navigator is strong in North America's cruise market, while Marcura leads in comme
Containers drop into water in Kaohsiung port as crane boom snaps Two containers fell into the waters in Kaohsiung port after a crane boom snapped while the boxes were lifted. The incident happened around 9am local time on 6 August, at Kaohsiung port's Pier 48, while containers were being lifted from a domestic container ship, Da Zhong Lun
IRS supports launch of two coast guard vessels The Indian Coast Guard has added two more indigenous vessels to its growing fleet, the Pollution Control Vessel (PCV) ICGS Samudra Prachet and the Fast Patrol Vessel (FPV) ICGS Atal . Both ships were launched by Goa Shipyard Limited (GSL), marking another step forward for India's push towards maritime self-reliance. Firstly, the Indian Register of Shipping (IRS), which provided classification ser
Axpo completes Spain's first ship-to-ship bio-LNG bunkering Axpo has successfully carried out Spain's first ship-to-ship Bio-LNG bunkering operation in the large container shipping sector, delivering over 4,000 cubic metres of ISCC-certified Bio-LNG to the CMA CGM FORT BOURBON at the Port of Algeciras. The operation marks a major step in maritime decarbonisation and follows similar LNG bunkering milestones recently achieved by Axpo in Málaga, Algeciras, a
Carrier Transicold raises the bar with major OptimaLINE training program Carrier Transicold has completed one of its most extensive technician training efforts to date, supporting the growing adoption of its OptimaLINE refrigerated container units across Latin America and the United States. Nearly 375 service professionals from over a dozen countries participated in the hybrid program, which focused on the design, operation, servicing, and digital integration of Optim
Easterly kicks off $250m diversified shipping fund Easterly Clear Ocean (ECO), the maritime investment platform backed by Easterly Asset Management, has launched its fifth fund as it ramps up investments across dry bulk, tanker and offshore sectors. The new fund, ECO Fleet Holdings V, is targeting more than $250m in capital commitments, aiming to provide investors with exposure to assets such as ...
Centrofin builds out dry bulk orderbook at Hengli Greek bulker and tanker owner Centrofin is expanding its presence in the dry segment with a pair of kamsarmax newbuildings added to the orderbook. The Dimitris Procopiou-led company has upped its newbuilding programme at China's Hengli Heavy Industry to eight 82,000 dwt units, following the initial order for six firm vessels. The company had been ...
Splash Wrap: Flags, fines and fakes Sanctions, the shadow fleet, and the many ways authorities are trying to clamp down on this illicit trade kept Splash reporters busy all week, with clear evidence that the dark fleet is growing quicker than the West can contain. The grey fleet - as tracked by broker BRS - has been growing by 30 vessels ...
Danish fund provides $670m financing guarantee to 1.4GW UK offshore wind farm Denmark's Export and Investment Fund (EIFO) will provide a £500m ($672m) project finance guarantee for the development of ScottishPower Renewables' East Anglia Three offshore wind farm in the UK. The guarantee will finance part of the project's cost, projected at around £4.5bn. The wind farm off the coast of Suffolk is part of the East ...
United Maritime offloads second cape in fleet modernisation push Nasdaq-listed United Maritime has confirmed the sale of its second elderly capesize bulk carrier this year, continuing its strategy to streamline and modernise its fleet. The Greek shipowner led by Stamatis Tsantanis is letting go of the 2006-built, 177,000 dwt Tradership, with delivery to the unnamed buyer expected by mid-August. The deal follows the completed ...
Norway to demand insurance disclosure from foreign tankers Norwegian authorities will require foreign-flagged tankers operating within the country's economic zone to disclose their insurance arrangements starting August 11. The new rule, announced by Norway's coastal administration, is part of a broader push to enhance maritime safety and environmental protection amid mounting concerns over the growing presence of shadow tankers in northern European wate
Shipowners warned GPS spoofing groundings may not be covered by insurance The Association of Average Adjusters (AAA) has issued a warning to the maritime sector, highlighting the growing legal ambiguity around insurance claims involving vessel groundings linked to GPS spoofing. In a new discussion paper, the AAA warns that cyber exclusion clauses increasingly found in hull & machinery (H&M) policies-most notably the LMA5403 clause-could leave shipowners ...
Panama cracks down on STS transfers in bid to clean up fleet The Panama Ship Registry has become the first flag in the world to implement stricter controls and mandatory traceability for offshore ship-to-ship (STS) transfers of hydrocarbons. Non-compliance-depending on its severity-may lead to the cancellation of a vessel's Panamanian registration. The regulation requires all Panamanian-flagged oil tankers with a gross tonnage of 150 or more to ...
IMO oil-exporting bloc makes its case for scrapping carbon tax Oil exporters argue shipping's global carbon-pricing scheme would fail to cut emissions, raise too much money, and disqualify biofuels and...
China's influence within the IMO is growing China is the default power broker inside the IMO having strategically built a political and technically adept representation, capable of...
Costamare Bulkers positions for growth after clean-out of smallest vessels New York-listed owner makes first-half loss on debut after spin-off from Costamare containership fleet
The Trump tariff quandary facing 'Narendra Surrender' Delhi is dilly-dallying on facing down Donald
Transpacific spot rates near pre-Red Sea crisis levels despite aggressive capacity cuts Transpacific spot rates plunge again. Carriers' blank sailings to slow the fall, but analysts warn the worst may be yet...
Pyxis eyes future growth opportunities amid 'challenging' near-term markets Nasdaq-listed owner said it can fund two potential acquisitions with help of new bank facility. Owner of six ships posted...
Ship recycling volumes in July see a boost from gas and vehicle carrier sectors A total of 30 ships were beached for recycling in July, up from the 22 vessels which arrived at vessel...
Cosco-MSC partnership in Hutchison port sale may reshape alliance dynamics The deal, if materialises, could provide Chinese giant with crucial leverage as it faces new US port fees and negotiation...
Norway to begin checking tanker insurance Move follows Nordic neighbours Sweden, Denmark and Finland, and means most of the Baltic/North Sea route will now be subject...
TS Lines orders four 5,300 teu containerships from Chinese yards Rising orders for sub-6,000 teu ships highlight shift towards smaller vessels in container shipping
MSC files for limitation on MSC Elsa 3 spill World's largest shipowner seeking $14m cap on liability
Clauses paramount nearly always favour owners, argues NorthStandard Issue back in news after recent High Court ruling
The Daily View: Certain uncertainty
Daily Briefing China- and Greece-linked vessels dominate last month's Bab el Mandeb transits | Houthi-held Hodeidah and Saleef ports still reeling from...
US retailers project big year-over-year import declines to close out 2025 Import volumes for September through December are expected to come in each month about 20% under the comparable 2024 levels, according to the latest Global Port Tracker, with tariff-linked frontloading one of the primary reasons.
FMC grants 'controlled-carrier' exemption to MPV operator Chipolbrok The Chinese-Polish carrier won the rate-linked relief after US regulators had expressed initial concerns this spring about the Chinese government's supposed control over the company.
Air cargo carriers face capacity challenge as tariff frontloading ends Following a July volume surge as US importers built inventory ahead of the sweeping US tariff rollout on Aug. 7, freighter airlines must now right-size capacity to match new demand levels.
Maersk CEO vows to reach logistics profit margin target by year-end But standing in the way of accelerated margin improvement is the volatile North American market to which the carrier is heavily exposed in logistics.
Cobelfret locks in kamsarmax bulker on yearlong charter as period rates break three-week slide Pacific market period rates see first uptick in nearly a month
Wavelength podcast: Tanker markets, India and Trump
Himalaya Shipping sees stronger 2026 for capesizes and newcastlemaxes Seasonality has been strong - and has come early to the Atlantic
Chevron-chartered Greek tanker trio heading back to Venezuela under new licence Vessels gathering in Aruba as exports tipped to resume later in August
Year-round Canadian Arctic VLCC voyages possible, ports boss says Arctic Gateway's Chris Avery says icebreakers could boost capacity for crude loadings
We're not interested in the rush for feeder ships, says Danaos boss Why a handful of owners are steering clear of smaller newbuildings
Chilean owner CMC opens up in Germany to build international operations Tanker and boxship company brings in Mauricio Ulloa Klug as fleet director in Hamburg
We're not interested in the rush for feederships, says Danaos boss Why a handful of container ship owners are steering clear of feeder newbuildings
Why insurers could still be on the hook for GPS spoofing casualties, despite get-out clauses GPS spoofing, throwing awry a ship's navigation, has spiked during conflicts in the Baltic and the Middle East
Not enough incentives for shortsea shipping to decarbonise, says report Ageing fleets need to be renewed as cargo owner emissions targets begin to bite
US crackdown on Russian oil buying could lead India to look to Iraq Iraqi crude is well-suited to Indian refineries and more will be coming on line as Opec production rises
Costamare bulker spin-off starts life with a loss as legacy positions liquidated CEO Gregory Zikos says company is 'well positioned to grow' as fleet renewal moves progress
Shell Marine brings bio-LNG to Barcelona as it spreads new fuelling offering It's all about the bio in Spain
Star Bulk focused on more ship sales as buying ruled out for now Executives say smaller, less efficient vessels will be offloaded
Maersk boss believes Gemini Cooperation has already vanquished the doubters 'Commercial discussions' for on-time network will come, says Vincent Clerc
French sail cargo pioneer TOWT teeters on brink of huge expansion CEO and co-founder Guillaume Le Grand reflects on an intense first year of operation and potential for significantly larger vessels as fleet quadruples
Tanker sanctions to drive sale and purchase deals as replacement tonnage needed Analyst Eva Tzima says growing blacklists will force owners to acquire other vessels
Himalaya Shipping profit falls due to weaker capesize freight market But monthly dividends have been trending up as fleet earnings improve
VLGC rates riding at 12-month high as charterers facing tight tonnage list Analysts say firmness to continue as US production growth leads the way
Hoegh Autoliners adds vessels as volumes climb Company previously chartered in two ships to cover contracted cargoes
Tankers risk deflagging as Panama's oil transfer rules enter force Flag state wants to ensure full traceability of ship-to-ship operations
Vitol sells first US crude tanker cargo into Pakistan Suezmax and aframax will deliver WTI grade, as well as Nigerian oil
Houthis tell 64 shipowners they face consequences for failing to avoid Israel Militants say companies have ignored their demands over port calls
UK Club plants flag in NorthStandard's home turf in fight for talent The protection and indemnity sector is suffering from a shortage of experienced executives, leading to poaching between clubs
Norway to target shadow fleet tankers with insurance checks Calls will be made to Russian-trading ships from Monday
UAE banks clamp down as dirhams replace dollars for dark fleet tanker recycling deals Arrest in India shows lenders are putting a stop to transactions involving sanctioned vessels
Dimitris Procopiou returns to Hengli for kamsarmax bulk carriers Centrofin Management now has eight bulker newbuildings on order at Hengli
India cracks down on foreign-backed seafarer training centres Unregulated institutions providing seafarer papers will be blacklisted
Cold snap in August: Pangaea Logistics Solutions falls to a rare loss Operator makes first stock buybacks under new authorisation
Retailers: Tariff-battered import volumes to be 5.6% weaker in 2025 Retail industry trade group forecast import volumes to finish this year 5.6% behind 2024 levels.
Nothing can stop falling trans-Pacific container rates: Analyst The decline of ocean container rates on the critical Asia-U.S. route is unstoppable amid President Trump's economic war on China and reset of global trade policy, says analyst Xeneta.
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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