Pushback against IMO carbon tax plans grows Opposition to efforts at IMO to impose what is effectively a global carbon tax on shipping through its net zero framework are growing, with classification society ABS Chairman and CEO Christopher J.
FERRIES 2025: Update on America's first zero-emission fast ferries Marine Log's 38th annual FERRIES Conference will return to Jersey City, N.J., on November 4-5, 2025, across from Lower Manhattan, bringing together ferry leaders, shipbuilders, and policymakers to discuss the future of
Port of Long Beach: Container spill clean-up makes progress Salvage and recovery operations continue on the Mississippi, the 5,500 TEU Zim-chartered containership at the center of last week's container spill incident that saw nearly 70 boxes topple into the water at
WSF: Wenatchee commissioning continues Washington State Ferries' 202-vehicle capacity Wenatchee, which became the largest hybrid-electric ferry in the U.S. after a complex conversion at Vigor, returned to full-time service on the Seattle/Bainbridge route June 24 as
Port of Tyne reveals green development terminal The Port of Tyne is deploying US$203 to convert 230 acres into the Tyne Clean Energy Park, incorporating 400 meters of deep-water quayside to facilitate offshore renewables, clean energy, and advanced manufacturing operations. The redevelopment has potential to generate up to 12,000 employment opportunities, contribute US$7.6 billion to the economy, and position the North East as a central hub fo
HHLA's Blue-Lit Container opens blue Port Hamburg HHLA has kicked off this year's Blue Port Hamburg with a spectacular display: its container gantry cranes at all Hamburg terminals, including O'Swaldkai, are lit in blue. For the first time, the blue glow extends beyond Germany to HHLA's terminal near Tallinn, Estonia, and the METRANS rail gantry cranes in Prague. The highlight of the opening was a blue-lit HHLA container completing its journey t
COFC Logistics, BNSF expand intermodal reach COFC Logistics and BNSF Railway are joining forces to expand COFC's container program across North America, now reaching the eastern U.S. and Mexico. The move gives intermodal marketing companies (IMCs) more container access and flexibility. It also strengthens COFC's footprint, connecting more markets for asset-light partners. The expanded service covers key Northeast and Southeast U.S. markets.
Wärtsilä completes first integrated explosion control tests Wärtsilä has successfully tested its Active Ignition Mitigation System (AIMS) , designed to stop flammable gas build-up during thermal events in battery energy storage systems (BESS). In July, the company ran three full-scale tests in the U.S., simulating worst-case thermal runaway scenarios in its Quantum2 containerised BESS enclosure. Witnessed by a major U.S. utility and third-party experts, t
CentrePort introduces MSC Eagle service CentrePort announces the arrival of the new MSC weekly shipping service commencing next February, establishing connections between New Zealand importers and exporters with East Coast America. The MSC Eagle Service will initiate Wellington calls beginning next February, supplementing current North and South-East Asian and Trans-Tasman operations. CentrePort Chief Executive Anthony Delaney states t
SANY delivers 40 electric forklifts in Qatar SANY Robotics has delivered 40 electric forklifts to a customer in Qatar, its largest order in the Middle East. The machines will support the Abu Samra Border logistics project, bringing cleaner and more efficient operations to the site. SANY's forklifts use a 300V high-voltage lithium platform with automotive-grade batteries and motors. They deliver diesel-level power, a 25% full-load gradeabili
LR approves SHI SnapWind float design Lloyd's Register (LR) has granted Approval in Principle (AiP) to Samsung Heavy Industries (SHI) for its new floating offshore wind turbine design, SnapWind Float . The design, unveiled at Gastech 2025 in Milan, aims to unlock deeper water sites and boost global offshore wind capacity. SHI optimized SnapWind Float for regions with limited heavy-lift equipment, workforce, and space for large-scale
Treasury's largest Houthi sanctions target various logistics networks New sanctions designate 32 entities across multiple countries as US seeks to disrupt Iran-backed group's Red Sea operations. The US Treasury Department has unleashed its most comprehensive sanctions package to date against Iran-backed Houthi maritime operations, targeting a sprawling international network that spans from Chinese logistics companies to UAE-based oil tankers in an unprecedented eff
Panama Canal launches NetZero Slot to boost green shipping The Panama Canal has introduced the NetZero Slot , a new weekly transit reservation category for low-emission vessels. The move supports the canal's goal of reaching net-zero emissions by 2050. The first competition for the slot will take place October 3, 2025, for transits during the week of November 2-8, 2025. Winners will get priority benefits, including their choice of transit date, guarantee
Euroseas secures charter extension for M/V Jonathan P Euroseas Ltd. has signed a new charter agreement for its 2006-built feeder containership M/V Jonathan P . The vessel will be employed for a minimum of 11 months and up to 12 months, at the charterer's option, at a gross daily rate of $25,000. The contract, which begins November 17, 2025, represents a $5,000 daily increase over the current rate and is expected to add about $5.65 million in EBITDA
Jana Marine barges get first ABS cyber resilience notation ABS has awarded its Cyber Resilience - Existing Vessel (CR-Ex) notation to three Jana Marine Services jack-up barges, JANA 505, 508, and 509, marking an industry first. The notation applies IACS UR E26 cyber resilience requirements to existing vessels, boosting protection for onboard operational technology and IT systems. "This is an important achievement for Jana Marine and ABS that advances saf
CMA CGM holds course as US port fees threaten Ocean Alliance unity French shipping giant positions itself strategically while Chinese partners face billions in new costs. French container shipping leader CMA CGM tries to recalibrate amid escalating US-China trade war, announcing it will not impose new surcharges on customers despite mounting pressure on its Ocean Alliance partners from incoming American port fees targeting Chinese vessels. The Marseille-based ca
All unaffected containers secured on MV Mississippi Salvage crews have secured all unaffected containers on the MV Mississippi as of 11 a.m. Sunday, Sept. 14. Work continues to secure the containers that fell from two damaged bays. The Unified Command, including federal, state, and local agencies, is leading the operation at Pier G in Long Beach. Crews are using surveys, drones, and dive operations to guide the next steps. "In just a few days, we
PSA Singapore, COSCO expand collaboration at Tuas PSA Singapore and Goldlead Supply Chain Development (Southeast Asia), a COSCO joint venture, have signed an MOU to deepen their partnership. They will work together on warehouse and logistics facilities at the upcoming PSA Supply Chain Hub @ Tuas (PSCH). The hub sits in the same Free Trade Zone as Tuas Port and will combine a regional distribution center, container freight stations, cold storage,
What impact could a major disruption have on Israeli shipping operations? Container News analysis reveals how a major maritime crisis in Middle Eastern tensions could affect Israeli shipping operations. Israeli commercial shipping operations are navigating increasingly treacherous waters as regional tensions threaten to disrupt critical trade routes across the Middle East. The assessment suggests Israeli shipping operations, while facing significant challenges, have su
Valenciaport advances border security initiative The Port of Valencia is progressing with its European-funded security enhancement program for the Valencia and Sagunto ports through the procurement of a pilot container that will serve as the core component of this security initiative. The Port Authority of Valencia has confirmed that the infrastructure is currently being transported for imminent installation at Valencia Port. This security enha
Georgia Ports inaugurates lay berth operations Georgia Ports has launched its new expedited routing system for container ships accessing the Port of Savannah, engineered to enhance Savannah River navigation efficiency for vessels bound for Garden City Terminal. Vessel departure and arrival schedules represent critical operational performance indicators for maritime carrier success across international fleet operations. Multiple factors influe
C.H. Robinson launches cross-border freight consolidation service C.H. Robinson, a global leader in AI-driven supply chains managing 37 million shipments annually, has introduced a new cross-border freight consolidation service aimed at cutting costs and improving efficiency for shippers moving goods between Mexico, the U.S., and Canada. The service combines freight consolidation in Mexico, cross-border transport, customs brokerage, and bonded warehousing with
EuroDry sheds 21-year-old panamax Nasdaq-listed Greek dry bulk owner EuroDry has sold one of its panamax vessels to an undisclosed buyer. The Aristides Pittas-led company said that it signed an agreement to sell the 2004-built 76,466 dwt Eirini P. bulker to an unaffiliated third party. According to the company, the vessel was sold for approximately $8.5m and will be ...
Quadrise names Peter Borup as CEO Low-emission fuels and biofuels supplier Quadrise has appointed Peter Borup as its chief executive officer. Borup, who will take the CEO seat on October 1, is an accomplished international CEO with over 30 years of experience in the shipping industry. He began his career at A.P. Moller-Maersk, rising to the deputy director level, before moving ...
Wah Kwong NatPower, Shandong Port to advance ship charging network Wah Kwong NatPower and Shandong Port Group (SPG) have signed a strategic memorandum of understanding to develop large-scale shore power and ship charging projects. The agreement begins with Qingdao Port International, one of the world's most automated terminals, and will explore new business models for electric vessels, establish technology and knowledge exchange, and lay the ...
Ukraine's drones set Primorsk ablaze as Zelensky vows more strikes on Russia's oil exports Ukraine's long-range drone war on Russia's energy infrastructure escalated dramatically late last week, with strikes on the Baltic oil hub of Primorsk damaging tankers, halting terminal operations, and sparking fires visible for miles. Two Sierra Leone-flagged aframax tankers - Kusto and Cai Yun - were hit in the September 12 raid, with one vessel briefly ...
Vallourec secures Petrobras deal worth up to $1bn French tubing manufacturer Vallourec has been awarded a major contract by Brazilian state-owned oil giant Petrobras for the supply of tubular products and services. The contract is a result of a competitive bidding process and will cover the supply of products and services for Petrobras' offshore operations from 2026 to 2029. This long-term agreement could ...
LNG scrapping sets annual record LNG carrier demolition sales have already reached an annual record with nearly 30% of the year still to go. Data from Clarksons Research show 0.8m dwt worth of LNG carriers have been sent for demolition this year as weak market conditions have led to several steam turbine units being disposed of. "This is a pattern ...
41% of container transport is empty New analysis from Danish liner consultancy Sea-Intelligence shows the growing percentage of empty containers moving around the world. Experts at Sea-Intelligence have calculated the share of empties relative to full containers, based on teu-miles, and found out that currently . "The present situation is that for every 10 miles a ...
Australia's offshore wind ambitions hit as 1.5GW project pulls out of from auction Developers of the Navigator North offshore wind farm, set for development off the coast of Gippsland, have revealed that they would not apply for the first round of state auctions. The AUD 8bn ($5.3bn) offshore wind farm, developed by Origin and RES, is a 110-turbine farm planned offshore in the Gippsland wind zone. The 1.5GW ...
Maryland offshore wind project permit challenged in federal court The Trump Administration has filed a request to a federal court to vacate a permit approved for US Wind's proposed Maryland Offshore Wind project. According to court documents, the project, cleared by the administration of former US president Joe Biden, could create issues with search and rescue operations and commercial fisheries. It was expected to ...
UK targets further 70 tankers in latest Russian sanctions On Friday, the UK imposed sanctions on 100 additional entities, including 70 tankers, in its latest crackdown on the Russia-linked shadow fleet of tankers. The move followed Moscow's recent drone and missile strikes on Ukraine, as well as a violation of Polish airspace. With this action, the UK has now blacklisted nearly 500 tankers, up from ...
World Shipping Council deploys AI in fight against misdeclared cargoes The World Shipping Council (WSC), liner shipping's lobby group, has announced the launch of its Cargo Safety Program, an industry-led initiative to detect misdeclared and undeclared dangerous goods using artificial intelligence in order to prevent ship fires, protect crews, vessels, customers' cargo, and the marine environment. The program combines AI-powered cargo screening and common inspection
Panama Canal carves out weekly slot for dual-fuel pioneers The Panama Canal has launched a new NetZero Slot, a category within its transit reservation system designed to encourage the decarbonisation of shipping. In an initial phase, vessels must be registered as dual-fuel to enter. The first competition to allocate this slot will take place on October 3, applicable to the transit week of November ...
Singapore Market Report 2025 How is Singapore planning to remain the world's most relevant maritime hub? That's the overarching theme of Splash's brand new Market Report with correspondents tackling pertinent topics including talent, immigration, costs, tech as well as sectors such as bunkering, shipyards, and the port. Click here to access the full magazine.
CY Shipping and BigLift double down on heavylift fleet expansion CY Shipping and BigLift Shipping are adding two more new heavylift vessels to their joint fleet, bringing the total to eight ships. The newbuilds are scheduled for delivery in the first and third quarters of 2028, respectively. As with the earlier vessels of the so-called BC-class, the units will be built by Jing Jiang Nanyang ...
Opportunities for industry still available despite disruptions Shipping set to move 12.7bn tonnes of cargo this year
TOP Ships has roving eye on different assets as it launches fundraiser US-listed tanker owner has agreed on ATM offering for up to $5.8m
EU green rules will aim lower than IMO's, but hit harder Adding the EU's green rules on top of the global Net-Zero Framework tax will improve the business case for green...
Analysts see more upside to come as VLCC rates near six-figure threshold The signals are flashing green for the VLCC market as spot rates remain very strong in the wake of last...
Russia sanctions risk undermining future of International Group Rise of shadow fleet 'positive' for Wah Kwong, managing director insists
LNG carrier recycling hits record levels as Japanese steamer sold for scrap With the exception of steam turbine powered LNG carriers, few large merchant vessels are being circulated for scrapping
Sanctions and renewed conflict threats put geopolitics 'back in driver's seat' for tankers Rates are being pushed up by Opec's output increase and seasonality. But geopolitical tensions and tightening Western sanctions are driving...
The week in charts: VLCC spot rates highest since March 2023 | Mozambique joins fake flag roster for sanctioned tonnage | Adani bans sanctioned vessels from ports Lloyd's List's weekly showing of the data and figures behind our news, analysis and markets coverage
The week in newbuildings: boxships continue to dominate ordering activity Orders for 34 merchant vessels were recorded in the past week, with Chinese shipbuilders picking up 73% of all new...
LISW 2025 opens with $1.4bn UK maritime pledge UK government and private sector announce joint maritime funding package - comprising £700m in private capital for port infrastructure and...
UK among shipping's five most competitive markets The UK's position hasn't changed since 2014, despite some big maritime nations tumbling down the list in the past decade
Nanjing Tanker expands fleet and returns to LR2 segment The leading player in China's oil and shipping industry orders two 115,000 dwt tankers at Dalian Shipbuilding Industry
WSC launches Cargo Safety Program to battle misdeclaration With ship fires at their highest level in more than a decade, WSC hopes shared screening and the use of...
HD KSOE secures $469m order for four new boxships HD KSOE becomes the second South Korean shipyard to secure fresh orders in a week as newbuilding orders stay suppressed
The Daily View: Revisiting the Trump tariff disaster scenario
How do we make London great again? Lloyd's List editor-in-chief Richard Meade kicks off London International Shipping Week by asking whether the once beating heart of the...
Daily Briefing Mixed signals in transpacific as rates to Europe continue to slide | China-built vessels on US routes fall as port...
Pre-Golden Week rate hike beginning to fade on trans-Pacific The bump in spot rates that was driven by the Sept. 1 GRI and blanked sailings in the eastbound trans-Pacific appears to be over, with rates this week headed lower, according to forwarders.
UP-NS joint intermodal service to link West Coast with Louisville in Midwest The potential merger partners plan to replace drayage trucking legs with direct rail service as Class I railroads join to redraw North America's intermodal map.
Cosco Shipping to develop high-end logistics hub in Yantian with Shenzhen Port Cosco said the joint venture will be responsible for developing a multi-functional logistics park involving the construction of high-specification warehouses, cold chain storage, and consolidation and distribution facilities.
Ports America to pay 30% tariff on China-made ship-to-shore crane The crane, which arrived in Gulfport last week, was the first Chinese STS crane imported into the US since the Trump administration slapped tariffs on Beijing in April.
British government, ports launch $1.5 billion logistics investment The public and private funding will go predominantly towards cutting shipping emissions, developing alternative fuel technology and rolling out shore-side power at UK ports.
ABS pans green methanol, ammonia and hydrogen as 'strategic wildcards' Classification society says LNG offers 'pragmatic bridge'
'IMO needs to take a timeout': ABS joins US resistance to Net-Zero Framework ahead of key vote Classification society's CEO says more thought is needed for global carbon regulation
Will Trump dump quarterly earnings reports for America's listed companies? US president proposes switching to six-month reporting to focus on operating
Capesize market buoyed by strong Chinese iron ore demand Bearish forecasts bucked for now, but analysts believe rising prices and port inventories could scupper further growth
Zim shares surge as container liner hires investment bank to explore takeover offers Evercore will advise on offers from parties other than CEO Eli Glickman and shipowner Abraham Unger
'Nothing but bullying': China pushes back on Trump tariff threats over Russian oil buys Beijing says it will stand firm and oppose US moves to turn Nato and G7 members against China
Shipowning newcomer linked to four-strong newbuilding order at Hyundai yard Origin of Flex Box is said to lie in British Virgin Islands, but the main owner is Asian
Dry cargo veteran Peter Borup joins alternative fuels supplier Quadrise as CEO New hire has long career in dry bulk but has moved into technology
Alternative fuels supplier Quadrise hires dry cargo veteran Peter Borup as CEO New hire has a longstanding career in dry bulk but has moved into technology
Floating storage could be back on menu as good news keeps rolling for tankers Every 100m barrels in floating storage soaks up 2% of the tanker fleet, Clarksons says
London International Shipping Week tees off at The Grove as Swedish Club executive channels spirit of Tiger Woods Some 50 shipping names competed in team and individual events to start the week
Greeks linked to rare secondhand acquisition of wind-assisted bulk carrier Tufton reportedly sells vessel with Anemoi wind propulsion technology on board
UK pledges to 'help maritime thrive' and attract fresh investment for growth Transport minister says UK is a 'beacon of stability' for global shipping industry
Shipbroking is thriving in London's shipping 'high street', Denis Petropoulos says Veteran broker holds forth on state of the sector ahead of capital's big week
London International Shipping Week tees off at The Grove as Swedish Club exec channels spirit of Tiger Woods Some 50 shipping names competed in team and individual events to start the week
Wah Kwong venture aims to ramp up shore power at one of world's biggest ports Move paves way for Asia-Europe green corridor
How multibillion-dollar funding gap to decarbonise shipping can be closed Lloyd's Register and Environmental Defense Fund highlight need for rapid innovative finance
Trump tells Nato: Tax China to stop Russian war machine US president threatens to quit Ukrainian peace efforts otherwise
Ship fire fears spark industry action with new AI crackdown backed by liner giants Industry reports a surge in cases of dangerous cargoes spotted by new tech tools as shippers evade safety measures
Nick Brown takes Lloyd's Register home, and sees 'strategy starting to work' Class society has returned to its historic headquarters in central London as its focus on core maritime clients wins business
Tankers damaged in attack on key Russian oil port President says most effective sanctions against Moscow are fires at oil facilities and praises Primorsk attack
'Cash flow focus': Investors urged to buy tanker stocks in latest punchy market read Okeanis Eco Tankers initiated a buy at Arctic amid a bullish mood in the sector
Shipbroking is thriving in London's shipping 'high street', Denis Petropoulos says Veteran broker holds forth on state of the sector ahead of London International Shipping Week (LISW)
India's Adani Group bans sanctioned tankers from calling at its ports Ports potentially impacted are Mundra and Kandla
Financier of four tankers controlled by Evangelos Pistiolis emerges New York-listed Top Ships stands to gain $207m from the sale
Frontline boss Lars Barstad banks $2.4m after cashing in stock options Barstad holds 405,509 synthetic options after transaction
ATL Shipping beefs up bulker fleet as China's grain trades go long-haul US trade war has driven China's soybean trade directly into bulker player's South American playground
India's Adani Group bans sanctioned tankers from calling at its ports Ports potentially impacted are Mundra and Kandla
'Home' cooking: MOL bosses turn master chefs to mark Singapore's diamond jubilee Garden City is more than just a business centre for the Japanese shipping giant
Idan Ofer-linked tanker rescued championship sailing crew. Is it to blame for their shipwreck? Legal battle pits owners of tanker and racing yacht against each other
Tariff ceasefire powers Long Beach container surge Amid fears that tariffs and frontloading would slow the peak shipping season, new data from a bellwether U.S. import gateway shows otherwise.
Kalitta Air prepares to fly first-ever converted 777 cargo jet The first 777 passenger-to-freighter aircraft, modified by Israel Aircraft Industries, will enter commercial revenue service with Kalitta Air in October.
Korea envoy In D.C. as $350B trade pact stalls South Korea objects to trade deal terms, citing potential foreign exchange market effects.
Northern Air Cargo challenges Alaska Airlines on Seattle-Anchorage route Northern Air Cargo is giving up business with DHL Express to launch scheduled flights between Seattle and Anchorage, but will face stiff competition from incumbent Alaska Airlines.
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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