Sallaum Line partners with Wärtsilä on decarbonization retrofits Sarnen, Switzerland-headquartered RO/RO carrier specialist Sallaum Lines, which also has offices in Dubai, recently announced that it is executing a large-scale retrofit program aimed at enhancing the sustainability and operational efficiency of
Jennifer Carpenter to keynote TTB 2025 in Mobile The highly anticipated Marine Log TTB (Tugs, Towboats & Barges) 2025 Conference will return to Mobile, Ala., on March 25-26, bringing together industry leaders to discuss the latest developments and challenges in
Mombasa Port Metrics Highlight Need for LAPSSET New Corridor The LAPSSET corridor project, centered around Lamu Port, aims to establish a new transport and economic corridor, positioning Lamu as a strategic complement to Mombasa. This initiative seeks to augment capacity and potentially alleviate congestion at Mombasa, Kenya's primary port.
Chapman Freeborn partners with AJEX Logistics Services to bolster Saudi Arabian operations Chapman Freeborn has expanded its cargo operations into Saudi Arabia, following a new agreement with AJEX Logistics Services, a company based in the Middle East known for its express distribution and shipping solutions. This expansion is a strategic move supporting Saudi Arabia's Vision 2030 initiative, which aims to boost air freight capacity to 4.5 million tons annually. The partnership will fo
Freightos Weekly Market Analysis: Impact of USEC Deal on the Industry Shippers who rely on US East Coast and Gulf ports were able to breathe a sigh of relief last Wednesday night when the ILA and USMX announced a tentative agreement for a new six-year contract , ending the strike threat and extending the existing contract through the review and ratification period that is required by both parties and will begin shortly. The sides had appeared far apart on the role
We Asked AI: Container Shipping on Grand Chess Game The shipping industry holds a highly strategic position in global affairs, serving as a critical lever for world leaders seeking to advance their economic and geopolitical objectives. In a world increasingly defined by the interplay of commercial and military interests, the maritime sector has become a fiercely competitive arena. Success demands not only operational excellence but also the foresi
Höegh Autoliners to utilize Svitzer's carbon insetting solution in Australia Svitzer, a global towage provider, and Höegh Autoliners, a global provider of ocean transportation services in the Roll-on, Roll-off segment, have partnered to deliver Svitzer's first-ever EcoTow solution in Australia, servicing the largest and most environmentally friendly car-carrier vessel class in the world on its call to four ports 'Down Under'. EcoTow is Svitzer's carbon insetting solution,
Rerouting intensifies competition among African ports The global shipping industry has increasingly turned to alternative routes via the Cape of Good Hope in recent months, driven by disruptions in the Red Sea region and the Suez Canal. While these developments present South Africa with significant short-term opportunities, the country faces challenges in leveraging these gains to advance its long-term interests and align with its strategic goals in
Torched container ships halved in 2024 Boxship demolitions in 2024 halved from 2023 as the Red Sea crisis sent freight rates to post-Covid-19 peaks. Just 56 vessels, or 80,950 TEUs, were scrapped, compared with 162,000 TEUs in 2023, according to Alphaliner.
Dali deployed to Central America service in post-accident return Dali, the container ship that knocked down the Francis Scott Key Bridge in Baltimore in March 2024, has resumed service after two months of repairs. Vessel-tracking data showed that after a period of detention and salvage, Maersk-chartered Dali sailed to Subic Bay, Philippines, staying there between 4 and 6 November. The 2015-built, 9,962 TEU ship then moved to Luoyuan Bay Huadong Shipyard on 13
TCEEGE Container Terminal Operator joins Portchain Connect Network TCEEGE Container Terminal Operator implements Portchain Connect aiming to simplify the berth alignment process with shipping lines. TCEEGE Container Terminal Operator aims to increase the quality and speed of their berth alignment with customers through digital handshakes and secure data sharing through the Portchain Connect platform. Portchain Connect is expected to enable TCEEGE Container Termi
Gaza truce talks to shape Eastern Mediterranean ports future Qatari officials and various sources acknowledge the unpredictability of when a truce between Hamas and Israel might occur. There are reports, though, indicating that discussions are in an advanced stage and appear promising.
Geopolitical Tensions Rise as NATO Launches Baltic Sea Initiative to Counter Subsea Threats NATO secretary-general Mark Rutte co-hosted a summit of Baltic Sea allies yesterday (14 January) launching new military activity in the Black Sea to protect critical infrastructure following a spate of ship attacks in the Baltic on pipelines and subsea cables.
CMA CGM increases rates for US shipments French ocean carrier CMA CGM has announced new rates and surcharges for shipments destined for the United States. Firstly, CMA CGM will apply a peak season surcharge from the Indian Subcontinent, Middle East Gulf, Red Sea and Egypt to the US East Coast and US Gulf. Effective from 1 February, the Marseille-based container line will implement a surcharge of US$1,000 per unit. Additionally, CMA CGM
AD Ports to invest in Kazakhstan's Greenfield Sarzha Grain Terminal AD Ports Group has signed a Foundation Agreement with SEMURG INVEST LLP (Semurg), the owner and developer of the Sarzha Multifunctional Marine Terminal at Kuryk Port, Kazakhstan. Under the terms of this agreement, AD Ports Group owns a 51% stake and Semurg owns a 49% stake in the partnership Sarzha Grain Terminal. The partnership has commenced constructing a greenfield grain terminal at Kuryk Por
OneStop, Tyne Container Services expand partnership OneStop has announced the next phase in its strategic partnership with Tyne Container Services in Brisbane, Australia. With OneStop's systems set to go live on 3 February, this expansion reinforces aims to reinforce the commitment to transforming the logistics landscape in Oceania by integrating cutting-edge technology with streamlined operations. This new phase combines OneStop's next-generation
Pinterest Affiliate Marketing Without a Website: A 2025 Guide So, you want to make money on Pinterest but don't have a website? That's totally doable! Pinterest is a goldmine for affiliate marketers, and you don't need a website to tap into its potential. In this guide, we'll
Wuhu Shipyard in $4bn tie-up with compatriot leasing duo China's Wuhu Shipyard has partnered up with two domestic financial leasing players to jointly work on new projects potentially worth more than RMB30bn ($4.1bn). The largest shipbuilding enterprise in Anhui province, formerly known as Fujiheng Machinery Plant, has penned a collaboration agreement with Wanjiang Financial Leasing and Yingxing Financial Leasing. The deal will see the ...
AtoB@C signs up for six BAAS Shipping newbuilds AtoB@C Shipping, a Swedish subsidiary of ESL Shipping, part of the Finnish conglomerate Aspo, has continued its fleet renewal push with a long-term charter deal for six newbuildings. The shortsea operator will be adding low-emission 5,900 dwt ice class 1A bulkers to its fleet between 2025 and 2027 from German shipowner BAAS Shipping, a joint ...
Solebay extends charters for Diana Shipping bulker pair Greek bulker owner Diana Shipping has won time charter extensions for two of its vessels with Solebay Shipping. The first extension is for the 2007-built, 174,261 dwt capsize bulker Semirio. The gross charter rate is $16,650 per day, minus a 5% commission paid to third parties, for a period until a minimum of February 15, ...
Svitzer books another battery-powered newbuild Danish towage operator Svitzer is adding another battery-powered newbuild to its fleet. The Copenhagen-based group with more than 450 vessels has contracted the Turkish Sanmar Shipyard to build the unit for delivery in the second half of 2025. The electric tug, based on the design of naval architect Robert Allan, will be 25 m long ...
Shipping cautious as Gaza ceasefire agreement nears Splash has obtained an advanced copy of the tentative ceasefire agreement between Israel and Hamas, expected to be agreed upon shortly. Shipping analysts contacted by Splash, however, remain cautious on prospects for a swift resumption of merchant trade along the Red Sea. Qatar has been hosting indirect talks between the two sides who have been ...
MOL inks fresh LNG carrier newbuild charter with JERA Mitsui OSK Lines (MOL) has sealed another long-term charter deal with Japan's largest utility JERA for a newbuild LNG carrier. The 174,000 cu m vessel is one of the newbuilds the Japanese shipowner has lined up for construction at South Korea's Samsung Heavy Industries, with delivery set for 2026. This is MOL's eighth contract with ...
NATO, Baltic states and Taiwan to clamp down on cable cutters In Asia and Europe, authorities are taking action, trying to crack down on ships taking out critical subsea infrastructure. NATO secretary-general, Mark Rutte co-hosted a summit of Baltic Sea allies yesterday launching new military activity in the region to protect critical infrastructure following a spate of ship attacks in the Baltic on pipelines and subsea ...
Neda Maritime sells LR2 tanker to Chinese interests Neda Maritime, a Greek tanker and bulker player controlled by the Lykiardopoulos family, has sold an increasingly rare LR2 tanker. Neda Maritime has let go of the 2008-built, 109,300 dwt Suvretta to Chinese buyers for $31.5m according to multiple broking reports. The last comparable deal was sealed in October when Paris Kassidokostas-Latsis-led Marla Tankers made two ...
Yinson Production secures deal with investors for $1bn funding Singapore-based floater owner and operator Yinson Production has secured a $1bn investment from a consortium of international investment companies to drive further growth. The company, through its newly established UK-based holding company Yinson Production Offshore Holdings Limited, has entered into a definitive agreement with a consortium comprising of the Abu Dhabi Investment Authority's wholl
KBR pens global services agreement with BP Houston-based engineering and construction services giant KBR has been awarded a global agreement by energy major BP for engineering, procurement and construction management (EPCM) services. Under the terms of the contract, KBR will provide EPCM for onshore, offshore, greenfield, and brownfield conventional energy projects and new energy sector projects worldwide for three years, with an ...
TGS clinches four 4D streamer projects in Norway Oslo-listed seismic data specialist TGS has won four 4D streamer acquisition projects off Norway. According to the company, three projects will be in the North Sea while one will be done in the Barents Sea. The 4D campaign in the North Sea is scheduled to commence in the early second quarter with back-to-back scheduling and ...
Bureau Veritas in merger discussions with Swiss rival Classification society Bureau Veritas (BV) has confirmed it is in discussions with Geneva-based SGS over a merger that could create a European testing and certification giant. "There can be no assurance that these discussions will result in a transaction or other arrangement," the two groups said today following strong media speculation about the deal on ...
InterManager battles seafarer criminalisation InterManager, the international trade association for the shipmanagement sector, is calling on shipping industry colleagues to contribute to a new campaign to highlight the issue of criminalisation of seafarers. InterManager said in a release it is concerned at the "increasingly harsh" treatment of ships' crew in some parts of the world and is actively taking ...
Kawa orders first newbuilds Multiple brokers are reporting China's Kawa Shipping has ordered its first newbuilds, signing for three 4,800 teu ships at Wuhu Shipyard. Alphaliner has put a price tag of $60m per ship with the dual-fuel LNG vessels due for delivery in 2027. The emerging new Chinese owner, whose fleet currently stands at four ships ranging in ...
Kyklades Maritime sells aframax to Bangladeshi interests A sale between Kyklades Maritime, a private shipowner belonging to the Alafouzos family of Greece, and Dhaka-listed MJL Bangladesh has appeared in broker reports across the globe. MJL
Elderly boxships still in service but scrapping should rebound when Red Sea reopens The one-two punch of the pandemic and the Red Sea crisis has kept vintage box tonnage on the water. The...
Falsely flagged, US-sanctioned tanker reportedly detained in Venezuela Venezuelan authorities have reportedly detained a US-sanctioned tanker that is falsely flying the flag of Guyana amid heightened tensions between...
Stylianides hails EU support for green makeover for Greek ferries and ports Greece estimates $2bn needed for the sector by 2027-2028
MR tanker sold for scrap spoofing in Middle East Gulf Three of the four dark fleet ships reportedly sold for recycling in the December have since engaged in AIS manipulation...
Russian oil and shipping faces significant disruption, says IEA Global crude and refined product balances could tighten, the agency estimates, as previous US sanctions reduces activities of designated tankers...
Eagle S owners could abandon tanker, lawyer says Herman Ljungberg, who represents owners Caravella LLC FZ, said Finnish authorities had 'no jurisdiction whatsoever' to board the tanker
Armed pirates still there, IMB insists Owners have a duty to report incidents, even if it means delays to vessels
Bulk carrier values continue to correct while freight markets fall Bulk carrier values have dropped by up to 18% since their mid-year 2024 highs. Prices of capesize units, which maintained...
Dark fleet risk growing, says IMO secretary-general IMO to focus on helping the small flag states exploited by the dark fleet, as secretary-general also calls on member...
DFDS adds Spanish service backed by aluminium shipping contract New Rotterdam to Spanish port of Vilagarcía route is backed by a new contract from Norway-headquartered Hydro. The new service...
What Pentagon's new Chinese military designations mean for Cosco In an interview with Lloyd's List, sanctions lawyer David Wolber of Gibson Dunn explains the implications of the Pentagon's new...
The Daily View: On a mission, in theory at least Your latest edition of Lloyd's List's Daily View - the essential briefing on the stories shaping shipping
Shanghai container futures plunge as Gaza ceasefire looks near Futures prices are not precise in predicting freight rates, but the ample liquidity in the market effectively reflects the key...
Daily Briefing Sanctioned VLCC abandons China call after identity exposed and port ban | Tanker freight future trading hits record as market...
US ports urge Trump, Congress to keep funds in place but tariffs at bay With the president-elect looking to unwind some Biden administration policies, US port operators want to ensure that maritime transportation funding will not be unduly affected.
BNSF Barstow project to proceed after CARB emissions rule withdrawn The Barstow International Gateway will be a transloading hub where the contents of ocean containers come to be transferred into 53-foot domestic containers to travel inland, ensuring quicker turnarounds of ocean boxes moving back to the ports of Los Angeles and Long Beach.
Intermodal comes off strong 2024 to face market unknowns of new year: analyst Projections for North American intermodal will likely be upended by some "black swan" event that isn't even on the radar right now as there seems to be no shortage of potential hot spots and disruptors looming, writes Larry Gross.
Visibility vendors move to extend reach and relevancy in rebalancing market A handful of companies unveiled new products in the last week intended to enable decision-making based off the visibility data they provide.
Will Israel-Hamas ceasefire bring end to Houthi attacks? Probably not, security experts say Researchers says tentative end of conflict could lead to temporary halt to shipping assault
Zim shares sink again after Gaza ceasefire and hostage deal is confirmed Israel-Hamas truce is to begin Sunday with six-week phase, include release of hostages
US officials mull 200% tariff on ship repair work in China Proposed law would impose duty on US-flag ships repairing in China
Container shipping weighs Cosco wildcard after strike threat evaporates With a US port strike averted, attention turns to fresh uncertainties
BHP and Samsung pile into Aramco-backed ammonia tech start-up Ammonia cracking firm Amogy raises further $56m to reach $270m from major industrial backers
SSY hires ex-Clarksons offshore newbuilding broker Shipbroking group entered offshore business in 2023 and is growing its teams in Europe and Dubai
Axel Eitzen's Christiania Shipping sources fully pressurised LPG carrier from sales market Deal reveals that Copenhagen-based shipowner has been busy buying individual ships along with entire companies
Is a new Trafigura-Sinokor VLCC giant about to be born? Market alive with talk of operational merger between trader and shipowner
US upgrades sanctions against Russia with global ban on business with 100 entities Zvezda and lessor GTLK among companies hit with 'secondary' sanctions
Bureau Veritas in merger talks with SGS to create a $33bn certification giant French class society has been looking for merger partners for over a year
How Chinese refiners rejecting direct Russian oil imports will reshape tanker trade Rise in discharges from floating storage expected as US sanctions move the dial
SFL adds firepower with $150m bond as it plans to build up fleet John Fredriksen-backed shipowner completes latest raid on the Oslo bond market
Russian oil supply could take significant hit from US sanctions, says IEA Energy body claims previous tanker designations limited activity by 90%
Scrapping of container ships could double this year if Red Sea reopens Resumption of normal trading patterns could be a major catalyst for veteran container ships to leave the market
Shadow fleet VLCC seized over Iranian trading heads for scrapyard Momentum building in demolition sector as trading market shrinks for elderly tankers
BHP and Samsung pile into Aramco-backed ammonia tech startup Ammonia cracking firm Amogy raises further $56m to reach $270m from major industrial backers
'Alarming': Ship abandonment hits record levels with thousands of seafarers affected Cases hit record levels as IMO chief warns of impact on seafarer recruitment
George Economou cashes in on sanctions-fuelled VLCC market rally Tanker fixture will earn private outfit more than $80,000 per day
Leasing giants line up $4bn vessel development package with Chinese yard Wuhu Shipyard and its partners focusing on energy transition and financial leasing
How Chinese refiners rejecting direct Russian oil imports will reshare tanker trade Rise in discharges from floating storage expected as US sanctions move the dial
NRP's credit fund provides $10.5m financing for handysize bulker pair Fund financed a chemical tanker purchase in December
Alpha Bulkers nears panamax exit in latest Greek vintage bulker deal Falling prices have sparked interest for midsize bulkers built more than 20 years ago
'Holy grail' of autonomous shipping moves closer to reality as DNV issues technical specs Notations available for systems meeting certain safety standards
Sanctions surge extends for VLCC owners as rates more than double in under a week Modern vessels earning $58,100 as companies capitalise on post-sanctions boost
Cosco reaps Red Sea reward as annual liner profit surges to $7.5bn Parent of Cosco Shipping Lines and OOCL poised to log third-best result
'Cat and mouse' collision fears: Shadow fleet tankers pose huge risk to Baltic, experts warn Concerns mount over idling vessels as winter chill adds extra complication
NYK forms new management joint venture for offshore wind ships Operation with Akita Eisen will focus on crew transfer vessels
SSY hires ex-Clarksons offshore newbuildings broker Shipbroking group entered offshore business in 2023 and is growing its teams in Europe and Dubai
Huge demand forces Houthis to postpone security webinar, group claims Rebels claims interest from organisations and nations for online meeting
Cyprus assessing bids for redeploying its unemployed FSRU, minister says Recently delivered LNG carrier-to-regasification unit conversion set to remain off Malaysia for next few months
John Fredriksen's private UK consultancy sees profit drop as London office lease transferred Seatankers Services charged £7m in fees to shipowning parent in year to 31 March
Crude tanker tightness rises as cleaned-up suezmax cannibals target diesel, Braemar says Shift from dirty to clean trades took place before recent rate spike due to US sanctions
Venezuela detains 'false-flag' Chinese tanker over alleged illegal entry Four Plus reported to have had no authorisation for Venezuelan waters
Greek owner Neda Maritime sheds oldest tanker as values fall in 'illiquid' market Lykiardopulo family company notches up the first sale of an LR2 in the S&P market in nearly two months
First big demolition deal of the year sees NYK capesize bulker hit the beach at Alang Lady Cedros ends career on Indian beach despite earlier reports it was heading to Bangladesh
'Risk is growing': Shipping's top regulator warns of growing shadow fleet safety threat Arsenio Dominguez reminded flag states of their responsibilities as shadow fleet operators look to light-touch registries
Swedish owner charters in six bulker newbuildings from Germany's BAAS Shipping ESL's AtoB@C Shipping expanding fleet with new long-term deals
DHT outpacing market in 2024 with room to snag fixtures in hot VLCC market First-quarter bookings could seem low but company has nearly half of days left to book
KCC product carrier combis beat LR1 tankers at end of 'historically strong year' Combination carrier company reveals weaker preliminary figures for fourth quarter
Buy BW LPG at a 'discount' and sell Avance Gas after $1bn fleet deal, says DNB Markets Analyst Jorgen Lian sees 'solid VLGC market prospects'
Andreas Sohmen-Pao builds stake in Cadeler with $5m of share deals BW Group owner increases lead as biggest shareholder in world's largest WTIV company
'Alarming': Ship abandonment hits record levels with thousands of seafarers impacted Cases hit record levels in 2024 as IMO chief warns of impact on seafarer recruitment
Trading giant inks long-term time charter for MOL LNG carrier newbuilding Large Japanese trader signs up to 2026-delivering vessel as it backs LNG as transition fuel
Hyundai LNG Shipping joins growing list of owners offering steam tonnage for sale South Korean owners are starting to weed out their elderly LNG vessels
Fire and ice: How an oil spill in the Baltic could resurrect the ghost of the Torrey Canyon Experts warn of the risks of a huge disaster despite efforts to prepare
Yinson offshore unit bags $1bn investment from consortium through convertible shares Investors include Abu Dhabi Investment Authority, British Columbia Investment Management and RRJ Group
Axel Eitzen's Christiania Shipping sources fully pressurized LPG carrier from sales market Deal reveals that Copenhagen-based shipowner has been busy buying individual ships along with entire companies
Chinese scrubber manufacturer ContiOcean raises $35m in Hong Kong listing Company will use 50% of funds raised to develop its R&D teams in Shanghai and Lisbon
'Cashbox' Wellard to be wound up after selling last ship and delisting Decades-old shipping company could not persuade stakeholders to invest in more vessels
New Hong Kong shipowner inks $240m deal for container ship newbuildings Kawa Shipping signs up for quartet at China's Wuhu Shipyard
Ocean carrier Cosco blacklisted by US over China military ties Washington added China's Cosco shipping line and two of its largest shipbuilders to a blacklist of companies it said were directly tied to the People's Republic of China military apparatus.
Analysis: When will ocean carriers return to the Red Sea? Israel and Hamas agree to a ceasefire, raising questions as to when major container lines will return to the Red Sea.
US poised to restrict low-value imports from China Companies involved in cross-border e-commerce face new data requirements and other changes as U.S. officials clamp down on de minimis shipments from China.
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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