Western India Air Cargo Conclave & Awards 2025 to see soaring insights and high accolades today
Passing of Merchant Shipping Bill, 2025 by Parliament marks a transformative shift from a regulatory-heavy approach to an enabling policy environment: Sonowal
Allcargo Terminals reports Q1FY26 earnings with EBITDA up 15% Y-O-Y
What freight forwarders need to be aware of regarding the new US tariff measures
Govt asks seafood exporters to explore new markets
Swire Shipping introduces first-ever weekly service connecting North Asia to Papua New Guinea
The advantages of automating bulk terminals
Heavy-haul freight trains on DFCs redefining efficiency in rail logistics
Kerala Maritime Board to offer maritime training courses
Vikas Narwal given additional charge as MD of Sagarmala Finance Corporation
E-foiling ferries could transform New York routes by 2027 A combination of policy support, infrastructure investment, and innovative vessel technology could accelerate the shift to zero-emission ferry operations, according to David Tyler, co-founder of Artemis Technologies, who spoke with Marine Log
Crowley's fourth Avance class vessel sets sail Crowley's latest Avance class ship, Torogoz, began its inaugural commercial service on August 12, departing from Port Everglades, Fla., to serve Central America. The vessel's commencement is a capstone on the company's initiation
Tariff truce Bbuys Transpacific shipping a breather but not a break The United States and China have agreed to postpone new tariff hikes for another 90 days, keeping US duties at 30% and China's at 10% until November 10. The move comes as the world's two largest economies try to hammer out a longer-term trade accord and it's giving transpacific shipping a short-term reprieve at the height of the holiday import season
Top container shipping companies Top Container Shipping Companies in August 2025: Global Leaders Driving Trade The top container shipping companies play a critical role in keeping the world's supply chains moving, delivering goods across oceans and connecting economies. As of August 2025, according to Alphaliner data, the industry is led by a small group of powerful carriers competing fiercely for market share. MSC - The Global
Samskip joins DCSA+ to advance digital logistics Samskip, a top European logistics provider, has joined the DCSA+ partnership program. This move strengthens its focus on digital innovation and industry-wide standards. By joining DCSA+, Samskip aims to help shape the future of global logistics. The program promotes open, collaborative, and efficient digital frameworks. Ragnar Thor Ragnarsson, Samskip's Chief Information Officer, said, "The futur
Caspian tensions could open a new maritime flashpoint For decades, the Caspian Sea has been a rare calm in Eurasia's turbulent geopolitical waters. Enclosed by Russia, Azerbaijan, Iran, Kazakhstan, and Turkmenistan, its shipping lanes have moved oil, grain, and manufactured goods without the kind of naval friction seen in the Black Sea or the Red Sea. That stability may be under threat. Tensions between Azerbaijan and Russia over a little-known mari
ABB powers world's first hydrogen fuel-cell superyacht ABB has integrated advanced technology on Feadship Breakthrough , the world's first hydrogen fuel-cell superyacht. Built by Dutch yachtmaker Feadship, the 118.8-meter vessel launched in May 2025. It is one of the first in the world to feature multi-megawatt fuel cell power. The yacht carries a 3MW hydrogen fuel cell system. It can power all hotel functions and onboard amenities without emissions.
Savino Del Bene opens new office at Cairo In August 2025, Savino Del Bene officially opened a new office at Cairo International Airport, marking another milestone in its North Africa expansion strategy. This launch comes just months after the opening of its head office in Alexandria and reflects the company's commitment to strengthening its footprint in the region. With Egypt's economy showing strong growth, particularly in the infrastru
Wasaline achieves carbon neutrality in Baltic Sea operations Wasaline has become the first carbon-neutral shipping company in the Baltic Sea. The milestone comes after the Finnish-Swedish operator signed a biogas supply deal with Gasum and entered a FuelEU Maritime pooling agreement with Stena Line. Firstly, the agreements allow Wasaline to run entirely on biofuels, making the Vaasa-Umeå route the first operational international green shipping corridor, su
World Container Index falls 3% Drewry's World Container Index (WCI) dropped 3% last week to US$2,424 per FEU, according to Japan International Freight Forwarders Association (JIFFA). The decline continues a period of relative stability after months of volatility. Rates spiked in May and early June following U.S. tariff announcements in April. By mid-July, prices had fallen sharply, but the pace of decline has since slowed. On
IAPORTS to host virtual investment round The International Association of Port Development (IAPORTS) will host a global virtual investment round from September 16-18, 2025. The event aims to connect port projects with investors in a cost-free, online setting. The three-day program will bring together port authorities, terminal operators, development banks, venture capital funds, and infrastructure investors. IAPORTS says the goal is to
Port of Rotterdam Authority appoints conclusion as digital partner The Port of Rotterdam Authority has chosen NPM participation Conclusion as its digital partner to manage and further develop its online environment, including the corporate website and a reservation tool for port users. This platform serves thousands of captains, businesses, residents, and government agencies on a daily basis. Following a successful tender, Netvlies part of Conclusion oversaw the
Crowley appoints new leaders to drive LNG and microgrid growth Crowley Shipping has appointed new leaders to advance its role in LNG transportation and microgrid development across the U.S., Caribbean, and Central America. Jackie Gonsalez has been named Vice President of Advanced Energy, leading strategic initiatives in LNG distribution and microgrid projects, with a focus on Puerto Rico and other high-growth markets. Gonsalez previously served as VP of Comm
Port of Los Angeles to close key ramps The Port of Los Angeles will close two key ramps near the Vincent Thomas Bridge for three months. The closures are part of the SR 47 Interchange Project. Starting Monday, Aug. 18, crews will shut down the northbound I-110 on-ramp at Harbor Boulevard. They will also close the southbound SR 47 off-ramp at Harbor Boulevard. Work will continue until the new roadway and ramps open in November 2025. A
Leadership change at Blue Water Shipping Danish shipping and logistics group Blue Water has appointed Thomas Bek as its new chief executive, succeeding Søren Nørgaard Thomsen, who steps down after seven years at the helm. Bek, who started as a freight forwarding trainee with Blue Water 29 years ago, takes over immediately. For the past three years, he has served as ...
Belships sheds four ultramaxes in $84m sale Norwegian ultramax bulker specialist Belships has been linked to the sale of four of its ageing ships. Multiple brokers report the Oslo-based outfit, controlled by EnTrust Global vehicle Blue Northern, has offloaded Belinda, Belatlantic, Belsouth and Belmont, all Jiangsu Hantong-built sister ships delivered between late 2015 and mid-2016. The en-bloc deal is estimated to be ...
Property woes cast long shadow over China's steel and iron ore demand The fragile state of China's real estate sector continues to weigh heavily on dry bulk fortunes. State-run developer China South City Holdings was ordered to liquidate by Hong Kong's High Court yesterday, with debts nearing $8bn, making it the biggest Chinese builder by assets to be wound up since China Evergrande Group. Data for July ...
Shipping Corp of India eyes $2.3bn newbuild move at domestic yards Shipping Corporation of India (SCI) is reportedly gearing up for a major newbuilding campaign, with plans to acquire 26 domestically built ships in a move tied to India's broader push to scale up its national fleet and shipbuilding capacity. According to sources familiar with the scheme, the project is valued at about $2.3bn and would ...
Economic hurdles sink Petrobras FPSO tender Brazilian state-controlled oil company Petrobras has formally revoked the tender process for its planned P-86 FPSO, seen as a key component of the Marlim Sul and Marlim Leste field revitalisation program in the Campos Basin. The tender called for the construction and operation of a unit designed to handle around 140,000 barrels of oil per ...
Transpacific bump in rates tipped as Trump delays China tariffs again The US tariffs on China have been postponed another 90 days until November 10. The US will keep its tariffs at 30%, and China will maintain its levies at 10% through to the autumn as negotiations between the world's two biggest economies continue. Commenting on the news via LinkedIn, Lars Jensen, who runs container shipping ...
Authorities give full consent to Celtic Sea floating wind farm Offshore wind developers Flotation Energy and Cobra have been granted full onshore and offshore planning approval for their floating offshore wind project in the Celtic Sea. The developers applied in 2023 to develop and connect to the grid a 100MW floating offshore wind farm named White Cross to North Devon Council and the Marine Management ...
Massachusetts postpones offshore wind round The US state of Massachusetts has decided to postpone launching its fifth offshore wind solicitation until at least 2026 over the federal government's negative stance towards the offshore wind sector. The Massachusetts Department of Energy Resources said in a memo that it does not expect to submit a draft request for proposals for the fifth ...
DOF bags over $275m in vessel contracts with Petrobras Norwegian offshore vessel owner DOF has won two new long-term vessel contracts in Brazil. The company said that its 2001-built Skandi Carla and the 2006-built Geoholm have been contracted on four-year charters with Brazilian state-owned oil and gas giant Petrobras. The two new deals originated from the same competitive tender process that led to the ...
NYK joins space race with unmanned offshore rocket recovery vessel Japan's Nippon Yusen Kaisha (NYK) is following compatriot Mitsui OSK Lines in targeting space exploration as a new source of revenues. NYK has obtained an approval in principle from ClassNK for the conceptual design of an offshore recovery system for reusable rockets, an initiative developed through the Space Strategy Fund at the Japan Aerospace Exploration ...
Chinese-built capes in demand Capesize transactions are ticking in at a steady pace, and Chinese-built bulkers are again selling at a rapid rate. VesselsValue lists the last six cape transactions, all of which are China-built. The latest China-built vessel reported sold is a 16-year-old, Shanghai Waigaoqiao Shipbuilding-built Cape Aqua, formerly Aquaproud, sold by Primebulk of Greece for a very ...
Eagle S officers charged over Baltic cable sabotage Finnish prosecutors have charged the captain and two senior officers of the Eagle S tanker, part of Russia's so-called shadow fleet, over the alleged destruction of critical undersea cables linking Finland and Estonia last December. The Cook Islands-flagged ship, which had sailed from Russia's Ust-Luga with oil products, is accused of dragging its anchor for ...
Abraham Unger and Eli Glickman reportedly bid to take ZIM private Israeli business news outlet Calcalist is reporting that ZIM CEO Eli Glickman is teaming up with Israeli shipping magnate Abraham Unger in a bid to take ZIM private. A deal is reportedly being discussed in the $2.4bn range, which is equal to roughly $20 a share. Earlier this year, there were reports of a management-led ...
Tanker tightness limits China's ability to absorb spare Russian Urals crude from India China could in theory absorb Urals crude diverted from India, but a combination of tight availability of non-sanctioned tankers and...
Crew of seized vessel confirm Houthi weapon smuggling routes Houthi-affiliated crew suggested the Iranian Revolutionary Guard transports weapons to the Somali coast and even through Djibouti
Lack of regulatory pressure on small bulker fleet is causing climate 'mismatch' With FuelEU not applying to vessels below 5,000 gt, many cargo owners that utilise this fleet are struggling to realise...
Accusations and threats fly as UN tackles global maritime security concerns Despite clear political divisions, a consensus is building within the UN Security Council over an enhanced international effort to address...
Latsis-controlled Euroholdings opts for tanker focus Nasdaq-listed owner of two feeder containerships plans to acquire modern MRs
Russia's far east ports go dark in AIS interference outbreak The disruption impacts all of Nakhodka Bay, including Kozmino oil terminal, as well as the area leading up to the...
Container demand clouded as front-loading swells inventories Tariff-led front-loading has pushed US July container imports to near-record highs, lifting inventory levels and deepening risks of a shipping...
Heidmar aims to build on first ship acquisition Recently listed maritime services outfit 'actively' sizing up new opportunities after clinching finance for feeder boxship buy
Trump calls on China to 'quadruple' soyabean imports Increased orders would 'substantially' reduce China's trade deficit with the US, Trump claimed
Vehicle carrier trade imbalance growing as Wallenius Wilhelmsen reports strong quarter World's largest vehicle carrier operator has reported total revenues of $1.4bn for the second quarter of 2025, down 1% year...
The Daily View: The case for compliance
Chinese yard to invest $122m in drydock expansion after US-sanctioned past Expansion comes after the yard was sanctioned for supplying Russia's Arctic LNG 2 project, prompting a complete ownership restructure and...
Daily Briefing Chinese lessors caught in Iran sanctions crossfire as five ships hit Ofac list | Russia detaining ships for minor infringements...
New Houston berth to enhance post-Panamax handling The roughly two-year project to complete Bayport's Wharf 7 will allow the terminal to handle more ships as work on widening the Houston Ship Channel continues.
UP seeks surcharges amid intermodal volumes surge Union Pacific Railroad is instituting surcharges for the second consecutive year out of Los Angeles, although it's unclear how long the current uptick in volume will last.
Americold-CPKC venture expands US-Mexico reefer rail services The new 335,000-square-foot facility will reduce border delays and maximize cargo capacity for shippers moving temperature-controlled loads between the US and Mexico.
Underinvestment exposes European ports to systematic bottlenecks A cautious approach to investment in network and terminal infrastructure is not keeping pace with market growth.
Echo acquires California 3PL amid flagging US freight market The fifth largest freight broker in the US will absorb FreightSaver, which like Echo, focuses on managed transportation services for shippers.
Yang Ming, Wan Hai profits drop on weaker volumes Taiwan-based ocean carriers say US tariffs are taking a toll on trans-Pacific volumes.
Major investment firm bets on George Kaiser-controlled Excelerate Energy with $58m stake Wellington Management overtakes Vanguard Group as second-largest shareholder in regasification vessel player
Wallenius Wilhelmsen newbuildings get dual-fuelled engines and financing Fourteen ships split evenly between LNG and methanol engines
New US-listed Latsis family vehicle pivots to product tanker investments Euroseas' spin-off Euroholdings is changing tack under new control
Greek shipowner tightens hold on MPC Container Ships in share deal Petros Panagiotidis buys more stock in feeder giant after taking over founding shareholder MPC Capital
Shipping book shrinks but investment interest remains, M&M Bank says Norwegian lender believes maritime IPO and bond business is booming
Wallenius Wilhelmsen shares rise as bumper dividend excites investors Car carrier company keeps guidance for 2025
Petros Panagiotidis makes $3m Bitcoin wager through tanker spin-off Up to 50% of cash reserves will be held in the digital currency
Venture Global bumps up LNG carrier fleet as newbuildings deliver and revenue soars Owned tonnage shipped 24 cargoes so far in 2025, company says
AP Moller and John Fredriksen-backed DOF agree Petrobras charters worth $275m Norwegian offshore owner says Brazilian deals will start in December
Yang Ming blames weaker cargo and rate levels for profit fall Supply-demand imbalance fuelled by tariff uncertainty
Shandong Shipping sells fourth kamsarmax for $24.36m at auction Last ship up for sale on Thursday
Tariffs? Wallenius Wilhelmsen holds firm on forecast even with US import fees CFO Bjornar Bukholm says Asian carmakers are keeping on exporting
EuroDry eyes longer charters and fleet expansion in recovering bulker market Rates were not good enough to pull Greek owner into the black
Chinese container giants redraw transpacific schedules to swerve US port fees Launch of Cosco and OOCL service from China to Mexico reflects new strategy
Norwegian sovereign wealth fund swoops for Maersk shares as shipping book grows to $4.8bn Government Pension Fund Global also buys Adnoc L&S, Navios and Danaos, while selling shares in other giants
SCI turns to Indian shipyards for 26-ship order spree Owner's plans tally with government intention to boost shipbuilding
Heidmar fixes finance for first ship purchase as it reveals new vessel charter Pankaj Khanna's Greece-based operator is developing offshore ambitions
Wasaline goes carbon neutral five years early Goal achieved with Gasum biogas contract and Stena Line FuelEU Maritime pooling agreement
Heidmar reveals new vessel charter as finance fixed for first ship purchase Pankaj Khanna's Greece-based operator is developing its offshore shipping ambitions
China Merchants Leasing sells two modern ultramax bulk carriers Wah Kwong has the pre-emptive right to purchase Dacks-built vessels
Master jailed in Turkey for 30 years in drug smuggling case freed Marko Bekavac has maintained his innocence, while chief officer Ali Albokhari remains in jail
Norden hires ex-Neu and Oldendorff executive to head up logistics division New hire is a seasoned dry cargo man with shipowning and broking experience
Big-spending Adnoc L&S sets $3bn extra aside for next growth spurt CEO Abdulkareem Al Masabi says company has proven itself good at bringing in good deals
Troubled Greek FSRU restarts, but with capacity limitations Unit dogged by 'technical issues' has been offline for seven months
Iran arrests 17 seafarers as tanker seized in Middle East Gulf Operation was part of crackdown on fuel smuggling
US and China clash over Panama Canal in heated UN meeting US accused of wanting to take control of Panama Canal
Shadow fleet tanker officers charged over Baltic cable damage Georgian and Indian nationals face trial over Christmas Day incident
Short of cash: Tor Olav Troim VLCC venture pushes back shipyard payments to buy time New Times Shipbuilding agrees to take $13.4m instalment in February next year
Norwegian credit fund buys Performance bonds as it boosts shipping bet Shipping bonds account for 9% of portfolio
Russia remains key as 'tsunami' of sanctions swamps 25% of aframax fleet, Gibsons says Broker tries to make sense of the many moving parts for smaller crude tankers
Huanghai Shipbuilding inks rare ropax newbuilding order Port operator orders ferry to replace existing vessel
Trump approves 90-day extension of China tariff pause. VLCCs are already on the way Four large tankers fixed to haul US crude to China
Intermodal veteran Cannizzaro to OCEMA carriers group as deputy executive director The Ocean Carrier Equipment Management Association has appointed industry veteran Rob Cannizzaro as deputy executive director.
Chinese warship, coast guard vessel collide in busy shipping lane Two Chinese military ships collided in the South China Sea while harassing a Philippines coast guard vessel.
UPS settles Teamster grievances, averts strikes in multiple states UPS's 11th-hour resolution of multiple labor grievances has prevented the Teamsters from orchestrating a strike at multiple facilities.
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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