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NOVEMBER 13, 2025

CONCOR achieves record PAT in Q2 PSA Mumbai sees throughput surge, introduces new weekly services in 2025 Stronger growth prospects for Indian economy seen: HSBC Large-scale return to the Red Sea would be seismic for shippers and carriers: Report VOC Port achieves another milestone by handling 103 windmill blades on a single ship Port of LA gains market share as US ports lag Saudi ports handle more containers in Oct. India exploring ship scrappage policy with incentives COSCO commits $1.75 bn to build 29 new ships in green fleet expansion New Gati Shakti Cargo Terminal commissioned in Odisha

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NOVEMBER 13, 2025

Damen expands UK support with I.M.E Group Koala service boosts Asia-linked Victoria port TIP Group introduces carbon assessment Air Charter Service celebrates tenure milestone AD Ports and EEU seek digital logistics boost Avinor advances hydrogen infrastructure Sealiner Thailand offers trusted solutions Circle boosts intermodal digitalisation "Curiosity of the Day" Kenworth recognised as top employer for women HKIA Consultancy signs Belt and Road deals

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NOVEMBER 12, 2025

CMA CGM signs up to buy 20% stake in Eurogate's Hamburg terminal Tiaca's Air Cargo Forum shines in the sun - but glass ceiling still casts a shadow Union Pacific + Norfolk - that Berkshire flier on Jim Vena's bathroom wall Red Sea ceasefire sparks hopes for Suez return - but war risk remains South-east Asia soars: airfreight boom as China +1 shift reshapes regional trade FedEx & CH Robinson - just like walking a tightrope Turkey-Adriatic trade becomes a ro-ro vs lo-lo battle Idle ships rare as MSC doubles down on vessel spree despite overcapacity Mexico's nearshoring juggernaut comes to a halt as FDI levels crash on tariffs US apparel importers seek Indian discounts as tariffs trim Delhi air cargo volumes

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NOVEMBER 12, 2025

Gerard Mcallister: McAllister's newest next-gen tug arrives in the Port of New York Gerard McAllister, the fifth in a series of six 84-metric- ton bollard pull, low-emission tractor tugs has arrived in the Port of New York following delivery by East Boothbay, Maine, shipbuilder Washburn Pirates abandon dhow used in Hellas Aphrodite attack The Iranian-flagged dhow used as a mother ship in the piracy incident involving the merchant tanker Hellas Aphrodite was abandoned on the northwestern coast of Somalia, after being closely tracked and monitored Netherlands Coast Guard to deploy chartered-in Damen FCS Enforcer The Netherlands Coast Guard is to deploy the Enforcer, a Damen FCS 5009 variant, to maintain its capabilities until a new generation of Coast Guard ships becomes operational. The vessel is being

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NOVEMBER 12, 2025

Marcura, CFARER team up on smarter ship procurement Marcura and CFARER have formed a strategic partnership to connect e-commerce procurement with technical fleet operations worldwide. Under the agreement, ShipServ becomes the recommended e-commerce platform for Ship Manager Procurement, which supports around 2,000 vessels. The partnership also brings VesselMan to CFARER customers for digital dry-docking, inspections, and technical project manageme Toll and Coles roll out first electric heavy vehicles in Perth Toll Group has delivered its first electric heavy vehicles to Coles in Perth, marking a major milestone in both companies' efforts to build a cleaner, more sustainable grocery delivery network across Western Australia. Launched from the Coles Distribution Centre in Kewdale, the two Volvo FM battery-electric prime movers will replace traditional diesel-powered trucks, each expected to cut around 1 Echandia wins battery contract for Canadian icebreaker Swedish battery system supplier Echandia has won a contract from ABB to deliver a 3.7 MWh battery system for a new Canadian Coast Guard hybrid icebreaker to be built at Helsinki Shipyard. The deal marks Echandia's first entry into the Canadian market and expands its global presence in sustainable maritime propulsion. The hybrid vessel will combine conventional engines with advanced battery techno Sea-Intelligence: Port of LA gains market share as US ports lag In issue 740 of the Sea-Intelligence Sunday Spotlight , analyzing the laden import volume throughput of the major North America West Coast (NAWC) ports, through the first three quarters of 2025. The analysis revealed a significant divergence in handled volumes: while Canadian ports performed in line with their pre-pandemic benchmarks, all major US West Coast ports underperformed. Amid this region DHL adopts HappyRobot AI agents to streamline global operations DHL Supply Chain has expanded its use of artificial intelligence through a new partnership with startup HappyRobot, deploying AI agents to automate operational communications and improve both customer service and employee experience. The collaboration is part of DHL Group's enterprise-wide AI strategy, which aims to enhance efficiency and reduce repetitive work across its global logistics network John McDonald named Chairman and CEO of ABS The ABS Board of Directors has elected John McDonald as the next Chairman and Chief Executive Officer, effective January 1, 2026. He will succeed Christopher J. Wiernicki, who will retire after leading the organization for more than a decade. McDonald currently serves as President and Chief Operating Officer of ABS. His appointment follows a planned succession process approved by the board on Nov AD Ports Group partners with Eurasian Economic Commission AD Ports Group has signed a collaboration plan with the Eurasian Economic Commission (EEC) to advance cooperation in transport, infrastructure, and logistics digitalisation across the Eurasian Economic Union (EEU) region. The agreement was formalised by H.E. Arzybek Kozhoshev, Minister of Energy and Infrastructure at the EEC, and Captain Mohamed Juma Al Shamisi, Managing Director and Group Chief Freightos Weekly Update: Ocean rates climb on GRIs despite demand slump The US Supreme Court heard arguments last week in the appeal of lower court decisions that invalidated President Trump's use of the International Emergency Economic Powers Act to impose fentanyl-related and reciprocal tariffs this year. Questions and comments made by justices during the hearing gave the impression that the court is likely to rule against the administration. While there's speculat COSCO's fleet expansion as China's answer to trade war COSCO has unveiled a US$1.75 billion newbuilding program spanning 29 vessels, a strategic maneuver that positions Beijing's maritime champion to weather and potentially profit from escalating US-China trade tensions that are reshaping global shipping Eimskip reports Q3 2025 results Eimskip reported results below expectations for the Q3 2025, with lower freight rates and one-off costs weighing on performance despite steady volumes and strong cost control in parts of the business. Revenue for the quarter totaled EUR 204.7 million, down 6.5% from the same period last year. Operating expenses fell slightly to EUR 184.3 million, a 1.0% year-on-year decrease. The company's liner Port of Long Beach backs Clean Air Agreement The Long Beach Board of Harbor Commissioners has approved a cooperative agreement with the South Coast Air Quality Management District (SCAQMD) and the Port of Los Angeles to accelerate the development of zero-emission infrastructure across the San Pedro Bay port complex. The unanimous vote on Monday establishes enforceable deadlines and commitments for both ports to plan and implement clean-air Peel Ports Group halves greenhouse gas emissions in five years Peel Ports Group has cut its operational greenhouse gas emissions by 48% in five years. The UK's second-largest port operator remains on track to reach net-zero across its port operations by 2040. The results, verified independently, are detailed in the Group's third annual ESG and Sustainability Report for FY2025. The data show a 48% reduction in Scope 1 and Scope 2 emissions since 2020, using a Next Level Superintelligence - Redefining Terminal Operations with TOPX Intelligent 3D The future of terminal management is no longer about simply seeing your operations in 3D, it's about understanding them with superintelligent precision . The era of digital twins has evolved, and the next level is TOPX Intelligent 3D , a breakthrough system that redefines how ports and terminals think, decide, and act in real time. More Than Just a Digital Twin Unlike conventional digital twins t BAR Technologies wins LR approval for WindWings® P-Wind method BAR Technologies has received Lloyd's Register (LR) approval for its CFD-based P-Wind methodology. This system calculates the power generated by WindWings® installations. LR confirmed that the methodology aligns with IMO guidance (MEPC.1/Circ.896) and ITTC verification standards, giving shipowners confidence to quantify benefits under EEDI and EEXI regulations. LR reviewed BAR's CFD code, boundar Brazil bets billions invested as efficiency lags Brazil's container shipping sector is executing a high-stakes counter-cyclical gamble as Brazilian authorities are pouring many billion into port infrastructure even as operational performance ranks among the world's worst Houthis' Red Sea Ceasefire: Temporary relief or strategic recalibration? The Houthi militant group's suspension of maritime operations in the Red Sea has introduced cautious optimism into a global shipping industry battered by nearly two years of disruption DHL Global Forwarding, Freight Appoints new CEO for Middle East & Africa Leadership Transition Effective December 1, 2025 DHL Global Forwarding has appointed Tobias Maier as Chief Executive Officer for the Middle East & Africa region, effective December 1, 2025. He succeeds Amadou Diallo, who will step down after more than 30 years of international leadership within DHL Group. Experienced Leader with a Digital Vision Tobias Maier brings extensive experience in finance Maersk adjusts TP11 transpacific service rotation Maersk has announced an adjustment to its TP11 service on the Transpacific trade route, with changes aimed at improving schedule efficiency and port connectivity on the U.S. East Coast. Under the new rotation, the Port of Savannah will now be called before Charleston, optimizing vessel turnaround and cargo flow in the region. The updated service rotation will be as follows: Haiphong - Ningbo - Sh Pacific International Lines adds extra sailing to Cherry Express Service Pacific International Lines (Pte) Ltd (PIL) has announced the addition of an extra sailing to its upcoming Cherry Express service, marking its seventh sailing for the cherry season. The newly added vessel is scheduled to depart San Antonio, Chile on 16 January 2026 and arrive in Shanghai, China on 8 February 2026, ensuring a fast 23-day transit to meet strong demand during the peak cherry season. Hapag-Lloyd updates rotation for US1 Service Hapag-Lloyd has announced an update to the rotation of its US1 service, aimed at optimizing transit times and enhancing schedule reliability for customers trading between Asia and the U.S. East Coast. Starting in December 2025, Savannah will replace Charleston as the first discharge port in the United States, improving the transit time to Savannah by five days on the eastbound voyage. The new ser Fincantieri to build new ultra-luxury cruise ship New Order Secured Fincantieri has won an order to build an ultra-luxury cruise ship for Regent Seven Seas Cruises. The agreement is part of its long-term partnership with Norwegian Cruise Line Holdings Ltd. (NCLH). The deal value is significant and subject to financing and standard terms. Delivery and Specifications The ship is scheduled for delivery in 2033. It will be a sister ship to Seven Sea NSW ports achieves net zero scope 1 and 2 GHG emissions NSW Ports has achieved Net Zero Scope 1 and 2 greenhouse gas emissions following a multi-year program to decarbonize its direct operations. The milestone, independently verified, is detailed in the organization's newly released FY25 Sustainability Report. Since 2022, NSW Ports has implemented initiatives across its sites at Port Botany, Port Kembla, and the Enfield Intermodal Logistics Centre to CMA CGM announces Updated FAK rates CMA CGM has announced new Freight All Kinds (FAK) rates effective December 1, 2025, for shipments from the Mediterranean to the Middle East and Red Sea regions. To the Middle East Gulf: Origin USD per 20' USD per 40' & 40' HC West Mediterranean 1,000 1,100 Adriatic 1,050 1,150 Black Sea 800 900 East Mediterranean 950 1,050 To the Red Sea: Origin USD per 20' USD per 40' & 40' HC West Mediterranean

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NOVEMBER 12, 2025

How to make seafarer training more relevant Shipping's training ecosystem is struggling in an era of accelerating change, with industry leaders warning that tick-box learning and operational pressures are undermining seafarer competence. The latest instalment from our brand-new Seafarers magazine. Maritime training is under strain. Between relentless schedules, shrinking manning levels, and an accelerating pace of technological change, the Samsung Heavy to build Amogy ammonia power systems US ammonia power specialist Amogy has teamed up with Samsung Heavy Industries (SHI) in a multi-year strategic partnership to manufacture its ammonia-to-power systems in South Korea. Under the agreement, SHI will set up a dedicated facility to produce and test Amogy's systems for both maritime and land-based power generation. The partnership will kick off with ... United Maritime locks in fresh fixtures amid firming dry bulk market United Maritime has lined up new employment for its bulk carriers as it positions for a stronger fourth quarter and a firmer outlook for panamax and kamsarmax earnings. The Nasdaq-listed Greek owner, led by Stamatis Tsantanis (pictured), said it has secured new charter deals and extensions for its mid-sized dry bulk fleet, all linked to ... JME returns to New Dayang for another bulker newbuild Greek owner JME Navigation has returned to China's New Dayang Shipbuilding for another ultramax bulker, continuing a fleet expansion drive that has gathered pace over the past two years. The shipbuilding arm of state-run machinery manufacturer Sumec Group has been contracted to build one Crown 63 bulk carrier. Delivery details and price have not been ... Shipping hesitates on Red Sea return Experts covering the Red Sea shipping crisis have advised caution over any swift return to the Middle Eastern tradelane. Yesterday, the Houthis officially announced that they have paused maritime attacks on Israel and lifted their so-called naval blockade on Israeli ports. This announcement appeared at the end of a letter sent to Hamas's military wing, ... Navibulgar steps up with new bulker order at Yangzijiang Bulgarian shipowner Navibulgar has returned to Yangzijiang Shipbuilding for another round of bulk carrier newbuildings, contracting four geared vessels for delivery between 2028 and 2029. Shipbuilding sources place the 71,000 dwt units at around $33.3m each, marking the company's largest newbuilding commitment to date. The first three ships are expected to be delivered in 2028, ... Bulker values edge higher as buying interest firms Bulker prices continue to firm, with fresh secondhand sales showing a steady uptick in values. Both traditional owners and asset players are seizing the opportunity to capitalise. Several broking reports note that Taiwanese owner Hsin Chien Marine is selling its second ship this year, departing with the New Ascent (82,000 dwt, 2012, Tsuneishi), reportedly sold ... Rhino Resources extends Northern Ocean rig campaign off Namibia John Fredriksen-controlled Northern Ocean, a semisub spin-off of Northern Drilling, has won more work for one of its rigs. Oil and gas player Rhino Resources opted to amend the contract for the 2018-built Deepsea Mira awarded to the company earlier this year. Namely, Northern Ocean won a contract in July for one firm well for ... Glander: AI and bunkering Glander International Bunkering's CEO, Carsten Ladekj�r, believes that AI-driven innovation will be the primary transformative force in the maritime industry over the coming year. "We anticipate sustained progress in AI-driven optimisation and digitalisation," he states in this week's big Maritime CEO interview, highlighting a collaborative project that employs an AI-powered propulsion control sy Trump administration plans to open California coast to offshore oil drilling The Trump administration is planning to open the California coast to oil drilling lease sales for the first time in a while. The plan, seen in a draft map reviewed by The Washington Post, proposes six offshore lease sales between 2027 and 2030 along the California coast. California has not issued new offshore oil and ... Asiatic Lloyd back at Dalian Shipbuilding for boxship pair Asiatic Lloyd has returned to its favoured Chinese shipyard for a pair of conventionally fuelled boxship newbuilds. Brokers are reporting the privately held German shipping line has ordered two more 7,100 teu vessels at Dalian Shipbuilding to go alongside another similar pair it ordered there six weeks ago. Alphaliner is reporting the latest ordered ships ... NextGeo secures North Africa survey and support deal from Saipem Offshore energy services contractor Next Geosolutions has won a new contract from Italian firm Saipem for the execution of various survey and support to installation activities, within the development of the Bouri Gas utilisation project in North Africa. The contract, worth around €8.5m ($9.8m), entails the deployment of two specialised vessels, the NG Worker and ... SeaBird vessel to stay on OBN work through 2026 Marine seismic specialist SeaBird Exploration has won an extension for OBN source work in the Western Hemisphere. The initial contract for OBN work was signed in August this year, using the 2009-built survey vessel Fulmar Explorer. It started in mid-September and is set to last for three months. The deal has nine months of extension options. ... MSC's secondhand fleet frenzy hits 461 ships The total number of secondhand boxships Mediterranean Shipping Co (MSC) has added to its fleet since embarking on an unprecedented buying spree in August 2020, largely in lieu of chartering tonnage, has now reached what Alphaliner describes as a "mind-blowing" 461. The world's largest containerline, which recently passed the 7m teu mark, has added three ... Would you let your child go to sea? As the next generation turns away from life at sea, industry leaders reflect on what it would take to make seafaring something parents once again want for their children. The second instalment in our brand-new Seafarers magazine. Ask anyone who's spent time at sea and they'll tell you: shipping isn't just a job, it's a ... Scorpio Tankers back in VLCC game with Hanwha Ocean deal Monaco-based Scorpio Tankers has made a surprise return to the crude carrier newbuilding market after more than a decade, signing up for two very large crude carriers (VLCCs) at South Korean yard Hanwha Ocean. The New York-listed product tanker giant has inked letters of intent for the 320,000 dwt units, each priced at around $128m. ... Live Animal Export: It's 2025, why are hairy seafarers abandoned and left to linger and die onboard? Dr Lynn Simpson returns to Splash today, discussing the ongoing livestock calamity taking place off Turkey. Today is day 54 of Spiridon II's current voyage, something that Splash covered yesterday. Originating in Montevideo, Uruguay, destined for Türkiye and Ukraine. A voyage that should be over, the cattle should have been removed from the tightly packed, ... Pelagic Partners' new credit fund makes debut with MPP trio Cyprus-based shipowner and fund manager Pelagic Partners has completed the acquisition of three multipurpose vessels in its first deal under the company's newly established MareVia Credit Fund. The three 2011-2012-built 17,500 dwt units - Condor Bilbao, Condor Magallanes, and Condor Valparaiso - are currently employed under a bareboat charter with a minimum term of five ... Houthis signal end to Red Sea attacks as shaky ceasefire holds The Houthis have officially announced that they have paused maritime attacks on Israel and lifted their so-called naval blockade on Israeli ports. This announcement appeared at the end of a letter (pictured below) sent to Hamas's military wing, Kata'ib al-Qassam, by the newly appointed Houthi chief of staff, Yousef Hassan Al-Madani, who succeeded Mohammed Al-Ghamari ... Petrobras faces strike threat as workers reject wage deal Workers at Brazilian state-owned oil and gas giant Petrobras have rejected a counterproposal for a collective bargaining agreement offered by the company and its subsidiaries Transpetro, PBio, Ansa, Termobahia, and TBG. As a result, the union approved a "state of strike" which allows workers to begin strike action at any moment without requiring additional consultation ... Vafias joins Greek tanker newbuild surge with six-ship order at HD Hyundai yards Greek shipowner Harry Vafias is leading a fresh charge into the crude tanker sector with orders for up to six newbuildings at HD Hyundai, joining a growing list of compatriots expanding and renewing their tanker fleets. Shipbroking sources said the Vafias-backed Stealth Maritime has contracted two suezmaxes at HD Hyundai Heavy Industries at about $86m ... Vår Energi taps Ocean Installer for subsea work on North Sea project Marine construction contractor Ocean Installer, a Moreld subsidiary, has been awarded a contract for work on Vår Energi's Balder Next development. The contract involves project management, engineering, flexible pipelines, and riser product supply on a fast-track schedule. The remaining scope of the so-called Balder Next - New Wells project is subject to a final investment ... Shell's strategic pivot sees withdrawal from Scottish floating wind projects UK-based energy supermajor Shell has decided to bail on the MarramWind and CampionWind floating wind projects off the coast of Scotland. The decision follows a strategic review and is aligned with the company's general direction of moving away from renewables and back to fossil fuels following the arrival of CEO Wael Sawan. Namely, Shell sold ... Bangladesh Shipping Corporation bags its first resales State-run Bangladesh Shipping Corporation (BSC) has clinched its first resale acquisitions, polishing the fleet's average age with a $76.7m purchase of two ultramax bulkers. Brokers have identified the ships as two 63,700 dwt units built at Jingjiang Nanyang Shipbuilding, a yard that has delivered only three sister ships in this segment, all of which will ... DOF scores BP subsea work under multi-year contract Norway's DOF Group has secured a long-term subsea services contract from BP covering work in the Atlantic region. The three-year firm deal, with two one-year extension options, will see DOF deploy one of its subsea vessels to support bp's construction, installation, repair and maintenance (IRM) operations. Offshore work under the contract is scheduled to start ... 'Ambition is not yet reaching the fixture desk': RightShip warns of reward deficit for responsible owners A new 37-page report published today by vetting specialist RightShip makes clear the growing frustration among owners who invest in safer, greener operations yet see little commercial recognition for it, with just 27% of charterers polled saying they offer better terms for higher-performing vessels. The study produced with maritime consultancy Thetius finds that while 73% ... Ferry collides with product tanker in Singapore Late Monday afternoon saw a collision between the Singapore-registered passenger ferry, Horizon 9 and the Norden-controlled product tanker, La Digue. The ferry was en route to Singapore's HarbourFront Centre when the vessels collided off the Southern Islands. The ferry sustained some damage to its bow above the waterline but remained fully operational while en route ... Are shipowners asking the right questions of clean technology companies? Alex Routledge, CEO of Armada Technologies, writes for Splash today. Shipping stands at a complex moment in its decarbonisation journey. The IMO's overall strategy for reaching net zero remains in place, even as the formal adoption of its Net Zero Framework has been delayed. In practice, this pause at the global level seems set to ...

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NOVEMBER 12, 2025

Crude tankers on track for best quarter in at least a half-decade It's safe to say that the fourth quarter of 2025 will be the best reporting period for crude tanker owners... Contships eyes 'robust' feeder market Nikolas Pateras-led owner expects higher average rates for fourth quarter European and Egyptian demand boosts Atlantic basin LNG shipping rates A confluence of high Atlantic basin LNG export supply and high Atlantic basin import demand has pushed spot rates sharply... Brace for slower growth and higher volatility, warns Danish Ship Finance Analyst Christopher Rex is regarded many as the shipping Cassandra - doomed to predict an accurate future only not be... Hydrogen industry faces long, dark night of the soul Hydrogen industry bosses say the basis for their green fuel still exists. But the retreat from green policies, geopolitical tensions... Supreme Court finds against Ridgebury after tanker S&P deal collapse Shipowner has no debt claim against Marshallese brass plate outfits Akrotiri orders two LR1s at New Century Brace of product carriers at Chinese yard are first newbuildings for Marielena Procopiou and Konstantinos Lampsias' growing fleet Long Beach and LA agree clean air plans The US' largest port complex finalised the agreement with the South Coast Air Quality Management District earlier this week Operation Atalanta liberates pirate mothership The move represents a show of force from navies in the region, despite the delay in attending the scene; but... Evergreen shares $2.5bn newbuild contract between China and South Korea Further big containership newbuilding contracts are expected to be signed by Maersk before the end of the year as orderbook... MSC drives continued strong demand in buoyant secondhand containership market Asset values are being supported by continued buyer appetite despite looming capacity oversupply in 2026 Roppestad confirmed as chair of International Group Gard chief executive takes over from Britannia's Cutler Mass AIS disruption in Baltic linked to amateur Finnish station An AIS data anomaly on November 2 caused hundreds of vessels to appear in the Baltic Sea despite being located... Shipowners feeling 'frustrated' at lack of reward for going above and beyond A report commissioned by RightShip shows that bottom lines stop charterers from rewarding owners who exceed safety and ESG guidelines The Daily View: Treating a gunshot wound with a band-aid Daily Briefing Red Sea shipping traffic growing but box bosses still weighing up a big bang return | 'If you don't have...

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NOVEMBER 12, 2025

Houthi pause on shipping attacks lowers tensions, but risk remains The rebels are incentivized to keep up some level of threat in the Red Sea because they are loathe to give up leverage that generates financial and military support, according to an S&P Global analyst. Mobile taps its chief engineer to lead port through 2027 Doug Otto will serve an 15-month term at the helm of the port due to previous plans to retire in early 2027, but will oversee projects that aim to position Mobile as a gateway for reaching inland US markets. Evergreen says will spend almost $3 billion on 14 new LNG-fueled ships With 196,000 TEUs of new capacity added to its fleet, the latest orders mean Evergreen will leapfrog both Hapag-Lloyd and Ocean Network Express in global capacity to become the fifth-largest container line. European shippers bemoan data impact of truckload carrier onboarding challenge Shippers using truckload visibility platforms need accurate data to run their supply chains, but face hurdles in onboarding carriers in Europe. Project cargo forwarders in the space race prepare for liftoff A predicted annual growth rate of 9% for the space economy to 2035 will intensify the demands on cargo handlers. Overcapacity, slack season pressures push India-Europe rates to two-year lows With typical seasonal lulls setting in after a slower-than-usual peak season, forwarders generally do not expect India-Europe rates to show any sort of an uptick until January. Project cargo forwarders in the space race prepare for lift-off A predicted annual growth rate of 9% for the space economy to 2035 will intensify the demands on cargo handlers.

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NOVEMBER 12, 2025

Flex LNG 'optimistic' as it waits to see if charterer will exercise option to extend period deal CEO Marius Foss says spot market momentum has picked up UK Supreme Court makes rare ruling against Ridgebury Tankers in sale deal that went sour Highest court finds there is no principle in English law saying prospective buyers of US shipowner's vessels cannot 'take advantage of their own wrong' Getting active? Connecticut's MTM has some new things to say about its Pangaea Logistics stake This week's Streetwise newsletter takes a look at the recent move in Pangaea's share price, and whether it's just strong earnings behind the jump World's largest container ship operator is rewriting the rules with a calculated power play Is the world's largest liner buying ships to keep rivals out? 2020 Bulkers stays quiet on fate of its last two newcastlemaxes 'Too early' to say what the shipowner will do with its remaining vessels or upcoming proceeds from sales, according to CEO Evergreen Marine confirms order for 14 LNG dual-fuel container ships Taiwanese shipowner will pay up to $205m each for the latest vessels Fincantieri order backlog hits record with ships worth over $70bn Italian yard has contracts for 100 ships Four former Glencore oil traders deny bribery charges ahead of six-month trial Group accused of corrupt dealings in West Africa Greek shipowner homes in on debut container ship newbuildings Greek owner emerges as second European outfit to order container ships at Chinese yard Gard CEO Rolf Thore Roppestad becomes first Norwegian head of insurer group Roppestad takes on a three-year term leading the International Group of Protection and Indemnity Clubs Sanctioned tanker takes long route around UK with Russian oil Suezmax carrier blacklisted by the EU and UK but continues to haul Russian crude ArcelorMittal and Peter Livanos joint venture plots vast newbuilding play Global Chartering mulls order for up to 16 newbuildings ranging between baby-capes and newcastlemaxes NYK lines up $130m transition bond to fund LNG-fuelled ships Japanese giant's sale is the second such deal this year Four ex-Glencore oil traders deny bribery charges ahead of six-month trial Group accused of corrupt dealings in West Africa Orange Marine unveils fleet renewal plan with order in Sri Lanka Hybrid cable layers will be built at Colombo Dockyard Tobias Backer revs up deal pipeline at new Pelagic Partners fund London-based executive says MareVia is keeping an open mind on vessel sectors Start-up Hycamite wins approval in principle for shipboard methane-splitting technology Finnish start-up hopes to sell pre-combustion technology into LNG-fuelled newbuildings International Seaways cut to hold by Pareto despite 'perfect cocktail for tankers' Expectations and valuation are high, analyst says 'Milestone' hit as Everllence seeks order for ammonia dual-fuel engine Engine maker says seven pilot engines are already on order John Fredriksen's Seatankers extends VLCC newbuilding series at Hengli Shipyard has inked close to 20 VLCCs in just eight weeks, sources say Stamatis Tsantanis company becomes biggest shareholder in offshore newbuilding venture Norway's United Maritime pumps more cash into partnership World's largest container ship owner is rewriting the rules with a calculated power play Is the world's largest liner buying ships to keep rivals out? United Maritime wins new charters amid rising panamax bulker rates US-listed owner returns to profit in third quarter Nikolas Pateras-run Contships posts higher profit amid firm feeder ship market Major Greek owner has nearly 80% of its fleet covered with charters through to autumn 2026 Bangladesh Shipping Corp splashes out over $76m on two bulker resales Chinese-built ultramaxes were acquired through US-based Hellenic Dry Bulk Ventures Safe Bulkers downgraded as DNB sees 'modest' dry bulk outlook Shipowner sees rating cut to hold after stock rally Yang Ming profit plunges after container ship freight rates weaken Taiwanese owner notes persistent uncertainty over global trade policies EU frigate captures mothership of 'disrupted' Somali pirate group Gang that wreaked havoc in the Indian Ocean last week can no longer threaten vessels in the open sea Profit and pay dip at shipbroker Ifchor Galbraiths' UK operation Last year was described as solid in accounts filed to Companies House Startup Hycamite wins approval in principle for shipboard methane splitting technology Finnish startup hopes to sell pre-combustion technology into LNG-fuelled newbuildings 2020 Bulkers bullish on capesize prospects as ship sale gains hit $117m Norwegian owner has been profitable in each quarter since it began operations in 2019 Newbuilding rush looms for cable laying vessels as society electrifies Newbuilding rush looms as existing ships are busy meeting demand Charterer Cheniere ducks option for Flex LNG carrier Shipowner 'encouraged' by daily rates of $60,000 to $70,000 for modern tonnage, despite sluggish start to winter market Color Group bags cheaper financing with new oversubscribed $90m bond issue Ferry owner issues five-year senior unsecured bond Baltimore bridge casualty pits HD Hyundai and vessel interests in transatlantic fight Judge weighs arguments over whether Dali shipowner and manager can sue HD Hyundai in US, as yard group wages London arbitration Chinese terminal sanctions keep tanker markets tight despite trade thaw Bottlenecks persist as US-China truce leaves Ofac designations intact 'Thriving in chaos': Hong Kong makes gains despite US-China trade pain Hong Kong's ability to adapt may prove its greatest asset, says shipowners association chairman Angad Banga Adnoc L&S earmarks four LNG carriers for fleet renewal Owner will trade one of its delivering newbuildings spot for time being