What's going on with Dominion Energy's Charybdis WTIV? Not much has emerged about the status of Dominion Energy's giant wind turbine installation vessel (WTIV) Charybdis since its April 15 delivery by the Seatrium AMFELS shipyard, the last delivery from the
NCLH orders third Prestige-class cruise ship for its Regent Seven Seas ultra luxury brand Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) has confirmed a newbuild order with Fincantieri to construct a third Prestige-class vessel for its ultra-luxury brand, Regent Seven Seas Cruises. The ship is scheduled
ONE to launch new branch in Greece from December Ocean Network Express (ONE) has announced that its new branch, Ocean Network Express (Europe) Limited, Greece Foreign Branch, will officially commence operations on 1 December 2025. The new ONE Greece branch will manage all sales, operations, and customer service activities from Piraeus and Thessaloniki, enabling the carrier to deliver enhanced service quality and strengthen its presence in Greec
EST-Floattech to power six new Arklow Coasters with Octopus Batteries EST-Floattech will supply its Octopus Lite battery system for six new general cargo vessels built by Ferus Smit Shipyard in the Netherlands for Arklow Shipping. The company worked closely with Ferus Smit and Eekels Technology, which provides the vessels' electrical systems, to design a system that matches the ships' sailing profiles. This collaboration boosts efficiency and technology performance
What's next after theUS-China trade truce? The one-year suspension of reciprocal port fees between Washington and Beijing, implemented on November 10, represents not a truce but a tactical pause in an escalating battle for control of global shipping infrastructure. This content is locked Select a CN Premium Subscription Package To Unlock The Content! The post appeared first on Container News .
TIACA welcomes Magma Aviation to Global Air Cargo Network Magma Aviation, a leading air cargo specialist, has joined The International Air Cargo Association (TIACA). The announcement was made during the Air Cargo Forum 2025 in Abu Dhabi. The membership places Magma Aviation among more than 500 global air cargo leaders working to modernize and unify the industry. TIACA connects members across the supply chain, offering networking, training, and policy de
Steelpaint wins new inland waterway corrosion protection contracts Steelpaint GmbH has secured multiple new contracts in 2025 for corrosion protection coatings on Germany's inland waterways. Local authorities and hydraulic engineering contractors have selected the company's moisture-curing polyurethane systems for key infrastructure projects. One notable project is the maintenance of a two-field rolling weir on the Main River at Viereth-Trunstadt, a major Rhine
Maersk revises dry port surcharge for exports from Sonepat via Pipavav Maersk has announced a revision to its Dry Port Surcharge - Export (DPS) for shipments originating from Sonepat, India (INSON) and routed via Pipavav Port (INPPV) to global destinations. The updated tariff will take effect on 8 November 2025 for non-regulated countries and 7 December 2025 for regulated countries. The revision is part of Maersk's ongoing efforts to ensure service reliability, oper
Tanger Med Port positions as alternative Sahel Gateway, but traditional routes hold ground When jihadist groups linked to al-Qaeda began systematically targeting fuel convoys bound for Mali in recent weeks, the landlocked West African nation's fragile supply lines appeared on the verge of collapse. This content is locked Select a CN Premium Subscription Package To Unlock The Content! The post appeared first on Container News .
Fire on Maersk-operated ship in Tanjung Pelepas kills three men Three persons were killed in a fire that broke out on a Maersk Line-operated container ship on 7 November. The explosion on the Costamare Shipping-owned 2014-built 4,957 TEU Kyparissia happened during unloading operations at Malaysia's Tanjung Pelepas port. The cause of the fire is still being investigated. Bernama reported that the blast occurred in a container in the underhatch area of Block 5
SRSA and Jeddah Municipality launch new patrol boats The Saudi Red Sea Authority (SRSA) and Jeddah Municipality have signed an Integrated Coastal Collaboration Framework aimed at improving regulatory coordination, enhancing marine surveillance, and supporting sustainable tourism along Jeddah's coastline. The agreement was signed in the presence of H.E. Dr. Fahad Toonsi, Chairman of SRSA's Board of Directors, by H.E. Eng. Saleh Al-Turki, Mayor of Je
Giant CMA CGM vessel marks return of ultra-large ships to Suez Canal Admiral Ossama Rabiee, Chairman and Managing Director of the Suez Canal Authority (SCA), announced the successful transit of the container ship CMA CGM BENJAMIN FRANKLIN through the Canal, the largest vessel to do so in the past two years. The 399-meter-long, 54-meter-wide ship, operated by French carrier CMA CGM, carries up to 17,859 containers and has a net tonnage of 177,000 tons. The vessel w
DHL Supply Chain completes SDS Rx acquisition DHL Supply Chain, North America's leading contract logistics provider, has completed its acquisition of SDS Rx, a specialized provider of final-mile delivery and healthcare transportation services. The deal marks a major step in DHL's strategy to strengthen its presence in the life sciences and healthcare sector. With the acquisition finalized, SDS Rx's network of more than 200 U.S. locations wil
SAAM reports strong Q3 2025 results SAAM reported solid financial results for the first nine months of 2025, posting a net income of US$64 million, up 48% from the same period last year. EBITDA reached US$158 million (+15%), while revenue totaled US$463 million (+8%). The company delivered a particularly strong third quarter, achieving record earnings of US$24 million (+97%), revenue of US$161 million (+12%), and EBITDA of US$58 mi
Port of Long Beach cargo volumes steady ahead of holidays As Black Friday approaches, the Port of Long Beach reported steady trade activity through October, keeping pace with last year's strong performance. Retailers continued to move goods early to offset tariff-related costs and ensure well-stocked inventories ahead of the holiday season. During a virtual news conference, Port CEO Mario Cordero and COO Noel Hacegaba said cargo has been moving efficien
Realism overcomes geopolitics as for shipbuilding at least for now When Maersk recently placed a US$1.5 billion order for eight ultra-large containerships at China's New Times Shipbuilding, the decision crystallized a truth about global shipping: commercial logic for now overrides geopolitical concerns. This content is locked Select a CN Premium Subscription Package To Unlock The Content! The post appeared first on Container News .
Sohar port executes land lease agreement with Pharma Investment Group Sohar port and Freezone has executed a land lease agreement with Pharma Investment Group to establish a pharmaceutical and medical supplies manufacturing facility within Sohar Freezone. Spanning 40,000 square meters, this US$20 million investment demonstrates SOHAR's commitment to cultivating a dynamic investment ecosystem that transforms Omani trade through sustainable practices. With constructi
Splash launches special Seafarers magazine For decades, seafarers have powered shipping's profits but remained largely invisible to its decision-makers. That distance - between the bridge and the boardroom - is finally narrowing, something that forms the opening article in our brand new Seafarers magazine launching today to coincide with Crew Connect in Manila, as well as next week's Hong Kong ...
India's revived yard lands $220m Norwegian chemical tanker deal Swan Defence and Heavy Industries (SDHI) has secured its first major shipbuilding deal since taking over and reviving the Pipavav shipyard, signing a letter of intent (LoI) with Norway's Rederiet Stenersen for the construction of six 18,000 dwt chemical tankers worth about $220m. The agreement includes an option for six additional vessels of the same ...
Svitzer takes majority stake in Norway's Bukser og Berging Danish towage giant Svitzer has acquired a 66.6% stake in Norwegian towage and marine services company Buksér og Berging (BOB). The deal, which remains subject to final regulatory approvals, will see BOB continue operating as an independent company under its own brand, management, and strategy. Chief executive Vetle Sverdrup will retain a 33.4% shareholding and ...
Diana Shipping clinches capesize charter upgrade with Norden Greek bulker owner Diana Shipping has locked in a fresh charter for its 2015-built capesize Santa Barbara at a higher rate with Danish shipowner and operator Norden. The 179,426 dwt vessel will earn $25,500 per day, minus 5% commission, for a period running from a minimum of March 1, 2027, to a maximum of April ...
Newbuild bulker design to lock away carbon at sea Climate-tech start-up Calcarea and Dutch naval architect Aurelia Design have joined forces to develop a commercial ship design integrating ocean-based carbon capture technology. The partnership will combine Calcarea's limestone weathering system - a process that removes CO2 by accelerating its natural reaction with seawater and limestone - with Aurelia's expertise in vessel design and systems ...
Pangaea offloads its oldest bulker US-listed bulker owner Pangaea Logistics Solutions has sold its oldest vessel, the Bulk Freedom, as part of its ongoing fleet renewal programme. The Rhode Island-based company confirmed the deal, first reported by brokers in October, to sell the 2005-built supramax for $9.6m. The 52,500 dwt ship was built at Tadotsu Tsuneishi in Japan and acquired ...
Sino-US port fee truce comes into effect China and the US have today put their tit-for-tat port fees on hold for a year, much to the relief of many shipping organisations, while trade unions in the US have hit out at the Trump administration for rowing back on a policy that had been intended to bolster American shipbuilding. The controversial port fees, ...
Naval forces foil fresh Somali piracy wave Naval forces have contained a pirate group operating off Somalia following several security incidents in the Indian Ocean, including last week's hijacking of the tanker Hellas Aphrodite. After several days of pursuit, a pirate-occupied dhow linked to recent attacks was intercepted by the Indian Navy and EUNAVFOR Operation Atalanta. The EU's Maritime Security Centre Indian ...
German shipowner Christel Vinnen dies at 90 German shipowner Christel Vinnen, who guided family firm F. A. Vinnen & Co. into the container sector over 40 years ago and led it through decades of change, has died at the age of 90. His death was announced by his son and current managing director, Michael Vinnen, in a post on LinkedIn, saying it ...
Livestock carrier 'calamity' unfolds off Turkey A 52-year-old livestock vessel carrying 2,901 cattle from Uruguay has been stranded off the Turkish coast since October 22 after authorities denied permission to unload due to irregularities in ear tag documentation. According to the shipowner, at least 48 animals have died, and feed and water supplies are running critically low. The Spiridon II remains ...
Key Russian Black Sea port comes under repeated attacks The Ukrainian military looks determined to permanently take the port of Tuapse offline. Overnight, the port, one of Russia's main crude export outlets on the Black Sea, was hit again by drone strikes, with unconfirmed reports suggesting that a merchant vessel had been struck while alongside. Splash reported on a similar attack to Tuapse eight ...
Torm emerges as buyer of Scorpio MR quartet Scorpio Tankers has offloaded four mid-range product tankers to Danish owner Torm, brokers report. On Friday, the Monaco-headquartered company led by Emanuele Lauro announced it had signed agreements to sell four 2014-built, scrubber-fitted MRs - STI Battery, STI Venere, STI Milwaukee and STI Yorkville - for about $32m apiece. The deals are expected to close ...
RCL books first newbuilds at HD Hyundai Thailand's Regional Container Lines (RCL) has placed an order for two 14,000 teu containerships at HD Hyundai Heavy Industries, marking the first collaboration between the two companies. The contract, worth KRW435.3bn ($299m), will see the vessels delivered by October 2028. The order represents a major scale-up for RCL, which has traditionally focused on the intra-Asia ...
Tackling the root causes of seafarer exploitation Ahead of this week's Crew Connect summit in Manila, Henrik Jensen, CEO of Danica Crewing Services, writes for Splash. Reports of seafarers being exploited by unscrupulous crewing agents always cause outrage in the shipping world, and rightly so. No seafarer should have to pay commissions to agents who take advantage of their need for work. ...
Big Beautiful Bill spurs major Gulf of Mexico and Alaska lease sales The Trump administration has announced two oil and gas lease sales, one in the Gulf of Mexico and one in Alaska's Cook Inlet. The US Bureau of Ocean Energy Management (BOEM) released the final notice of sale for one Gulf sale, named Big Beautiful Gulf 1. The organisation only released a proposed notice of sale ...
Boxship lessors parlay geopolitical unrest into years-long cash stream Executives of Global Ship Lease discuss the market implications of US and Chinese port fees, the delay of the Net...
Peak shadow fleet is still to come As long as there is demand for sanctioned barrels the shadow fleet will continue to expand
P&I rate hike offset by double cashback at Gard Largest marine mutual is fourth club to show renewal hand
The evolution of the shadow fleet Lloyd's List maritime risk analysts explain how the shadow fleet has changed and what you should be looking out for...
The week in charts: Sanctioned LPG fleet swells in October | Ship recycling activity hits five-month low | More LPG carriers are spoofing loadings in Russia Lloyd's List's weekly showing of the data and figures behind our news, analysis and markets coverage
Liner sector defies disruption as box numbers surge to quarterly highs Global container volumes reached record highs in Q325, despite geopolitical disruption and uneven regional demand. While North American imports continue...
Dutch court reaches provisional ruling against ban on seafarer cargo handling Agreement impedes freedom to provide services in EU, judicial body finds
The week in newbuildings: Orders valued at $2.8bn signed across boxship, bulker, cruise and tanker sectors A total of 28 merchant vessels were ordered in the past week at Chinese, Japanese and South Korean shipbuilders
China, US formalise port fee truce with official declarations The move marks a temporary easing of maritime trade tensions
The Daily View: More action, not more plans
US imports hold steady in October but Chinese exports falter Donald Trump's trade policies have garnered the headlines, but US imports have remained resilient amid the noise. Market watchers should...
CMA CGM Benjamin Franklin clears Red Sea safely as French giant steps up tests for return The next Asia-Europe ultra-large containership to take the Red Sea route on its headhaul voyage could become a key bellwether...
Daily Briefing Europe takes tentative first STIP on the long road to clean fuel supplies | Hellas Aphrodite crew liberated by navy...
LA-LB emissions agreement with AQMD sets realistic timelines: stakeholders The South Coast Air Quality Management District governing board has approved an emissions reduction plan that requires the ports to develop and implement charging and fueling infrastructure and invest in zero or near-zero emission trucks, locomotives and cargo handling equipment.
Schneider launches premium intermodal service with 95% on-time guarantee The product, known as Fast Track, is the latest effort by an intermodal carrier to attract customers who depend on precision and dependable service, qualities that railroads have often struggled to deliver.
USTR port fee pause broadly welcomed, but labor decries 'free pass' for China The United States Trade Representative also confirmed in a statement Sunday that planned 100% tariffs on China-built ship-to-shore cranes and other cargo handling equipment, due to take effect Monday, have also been suspended for a year.
Penalties for pests found in project cargo packing add to shipper woes The wood packaging materials that are meant to protect project cargoes during their journey can be contaminated with pests, and that means importers face significant financial risks.
Rise in Arctic MPV transits comes despite challenges of ice navigation Lured by shorter voyage times and commensurate cost savings, shipping companies have dipped their propellers into the frigid Arctic waters since the northerly routes became commercially viable due to warmer conditions about 15 years ago.
Penalties for pests found in project cargo packing adds to shipper woes The wood packaging materials that are meant to protect project cargoes during their journey can be contaminated with pests, and that means importers face significant financial risks.
Car carrier operators breathe sigh of relief after US confirms port fee suspension Formal announcement by US trade representative confirms non-China-related fees are on hold as well
d'Amico International Shipping boss sees sanctions boosting bullish product tanker outlook Outlook positive for clean carriers as sanctions squeeze more ships out of mainstream market
Venture Global aiming for world's largest LNG producer title Data shows US company took over ownership of two newbuildings from BW LNG in third quarter
World's largest marine insurer Gard extends long record of returning cash to members Club to increase premiums by 5% as claims costs rise
Fresh pirate attacks expose security gap for Indian Ocean shipping Experts say armed Somali groups wait for ships on edge of area designated as a high-risk zone
Scores of cattle die as livestock carrier stranded at sea The Spiridon II was not allowed to dock due to irregularities in the ear tag documentation
CEO of insurer Convex takes chair of London underwriting body Theo Butt takes on a two-year role at the head of the International Underwriting Association from 2026
Reborn Indian shipyard scoops first order in a decade with $220m tanker haul from Norway Swan Defence books a potential 12-tanker deal from Rederiet Stenersen
Navios initiated with 'buy' tag at Arctic on the heels of bond issue Analyst Kristoffer Barth Skeie sees stronger earnings and dividend ahead
Investors stay cautious as car carrier outlook improves after port fee delay More newbuildings are set to hit the water in cyclically weak first quarter, veteran analyst Petter Haugen said
Frontline applies for limitation fund after collision between VLCC and dark fleet tanker Chinese maritime court assumes jurisdiction over casualty in Middle East Gulf
Lomar Shipping-backed carbon capture start-up to work on bulk carrier design Concept will highlight capability to capture CO2 emissions and dispose of them safely in the sea
Venture Global expects to export up to 386 LNG cargoes in 2025 Returns and profits surge as company brings new production online
MSC turns heads as it buys container ship on charter to major rivals Aponte buys last boxship in Atlantica's fleet despite its charter to CMA CGM and Maersk
'Wishful thinking' as mutual insurers push for premium rises Insurance broker Gallagher says clubs are unlikely to secure increases to bring underwriting back into balance
Harry Vafias powers expansion drive past $1bn with six new tankers Major Greek shipping family doubles its orderbook at HD Hyundai
Bulls and bears to do battle after VLCC period rates surge on spot strength Big movements reported in term earnings as charters are renewed
Small shift in tight VLCC market could mean $25,000 boost to rates, Clarksons says Analysts examine the effect of activity changes as utilisation hits 93%
Tanker buyers beware of long-term demand, Poten warns Unlike previous shopping sprees, owners need to keep an eye on the oil demand picture
Shipowner stung for costly weekend discharge in row with agent Insurer warns there is a growing risk of disputes about Saturday and Sunday operations
Petros Pappas-led Oceanbulk joins Hengli newbuilding feast Greek owner's private company books kamsarmaxes at expanding Chinese yard
US and China port fees officially suspended Negotiations set to continue between two superpowers
Dorian LPG downgraded as Pareto forecasts peak of VLGC cycle Eirik Haavaldsen cuts rating to 'hold' from 'buy'
'Significant movement' as grounded MSC boxship battered by extreme weather Canadian Coast Guard reports debris washed up on shore
Japanese-backed Hong Kong owner sells only ship Polaris Bulkship sells supramax for a discount to another Japanese-related party
Fearnleys buys M&A advisor as outlook hots up for energy shipping Astrup Fearnley group is bullish on the outlook for the energy sector and its shipping needs
NCL orders 'ultra-luxury' cruise ship valued at up to $1.1bn US owner will not take delivery of vessel until 2033
China suspends sanctions on five US-linked Hanwha Ocean subsidiaries Move follows US decision to pause measures on Chinese maritime and shipbuilding sectors
Sanctioned tankers drop anchor at Suez Canal with Russian crude cargoes Unloading has been complicated by wider Western blacklistings
Color Group hires five banks for new bond issue in Oslo market Owner will refinance bond maturing in 2026
HD Hyundai reveals order for two container ship newbuildings worth close to $300m The South Korean shipbuilding group has achieved 72.5% of its annual order target of $13.08bn
BW Group-backed Cadeler wins $600m of vessel charters Danish owner secures work for two offshore wind ships starting from 2029
d'Amico International boss sees sanctions boosting bullish product tanker outlook Outlook positive for clean carriers as sanctions squeeze more ships out of mainstream market
Navios linked to second VLCC sale as prices hit 2.5-year high Deal shows resilient pricing for 15-year-old crude tanker giants
DIS boss sees sanctions boosting bullish product tanker outlook Outlook positive for clean carriers as sanctions squeeze more ships out of mainstream market
Gunvor raises $2.4bn in third sustainability-linked financing to cut fleet emissions Trading giant puts in place third upgrade in three years
Hundreds missing after refugee vessel capsizes near Malaysia-Thailand border Malaysia's maritime safety agency says that so far only 13 survivors have been rescued
RCL turns to HD Hyundai with post-panamax container ship order Thai liner orders two 14,000-teu vessels as it reports a net profit of $182m for the first nine months of 2025
Lightship Chartering celebrates Golden Jubilee with growth and new beginnings Singapore team toasts new CBD office, fresh hires and bright prospects
Collision between product tanker and fishing vessel leaves eight people missing Incident involved Chinese vessels in the Yellow Sea
Navig8 strikes deal to operate Leonhardt & Blumberg tanker newbuildings Pool operator and commercial manager concludes agreement with German shipowner
Freightos brand adopts Visa/Transcard payment financing tool Freightos has adopted an automated payment processing system from Transcard that comes with embedded financing to facilitate air cargo bookings.
UPS pilots mourn loss of colleagues killed in plane crash The UPS pilots' union is helping members and families of the victims cope with last week's tragic plane crash.
US suspends port fees on Chinese ships The U.S. Trade Representative officially suspended fees on cargo ships built in China, which whipsawed global shipping struggling to cope with the effects of tariffs and a realigning of trade.
Suez Canal, ocean lines discuss return of global shipping The Suez Canal Authority held discussions with major ocean shipping lines to discuss a return to the strife-torn Red Sea route.
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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