New custom research vessel under construction for Cape Fear Community College A 26-meter catamaran research vessel is now under construction for the Cape Fear Community College (CFCC) in Wilmington, N.C., at the Midship Marine shipyard in Harvey, La. Custom designed by Incat Crowther,
Container charter market faces imminent correction after five-year boom The container shipping sector is seeing a widening gap between freight rates and charter rates. Despite falling spot freight rates, containership charter prices remain about 200% higher than in 2019 , according to Drewry. The firm expects this disconnect to persist into next year before a long-awaited correction takes hold. Freight rates respond quickly to changing market dynamics, while charter
Wärtsilä secures O&M deal to ensure reliable power for Lombok Technology group Wärtsilä has signed a 30-month operation and maintenance (O&M) agreement to ensure a stable power supply on Indonesia's Lombok island. Lombok, a major tourist destination, depends on local power generation for reliable electricity. Wärtsilä's expertise in O&M will help keep the island's grid running efficiently. The agreement, booked in Q3 2025, was signed with PT PLN Nusantara P
VIKING launches HydroPen Reefer VIKING Life-Saving Equipment has unveiled HydroPen Reefer, a new version of its popular "drill and spray" container firefighting system, developed in response to growing fire risks from combustible cargoes such as lithium batteries being shipped in refrigerated containers. Unlike conventional firefighting methods that target containers externally, the HydroPen system attaches to a ship's hose, us
HJ Shipbuilding & Construction targets growth with new orders and U.S. navy MRO entry HJ Shipbuilding & Construction (HJSC) expects solid growth in the second half of 2025. The company is securing new orders, expanding into the U.S. Navy MRO (Maintenance, Repair, and Overhaul) market, and strengthening its finances through a successful rights offering. New Orders Drive Momentum In July , HJSC won a contract from H-Line Shipping for an 18,000m2 LNG bunkering vessel . Two months late
Klaipeda Port hits one million TEU mark in record time Klaipeda Port has reached the one-million TEU container milestone earlier than ever before, underscoring its growing role as a key container hub in the Baltic Sea region. For the fourth consecutive year, the port has surpassed the one-million mark, but this time, it did so two months ahead of schedule, achieving the result in early October. In previous years, the milestone was reached in mid-Dece
Toll Group and BlueScope roll out electric Volvo trucks in Sydney Toll Group has introduced two new Volvo FMe Electric 6�4 Prime Movers into its fleet to support BlueScope Steel's freight and warehousing operations, marking a significant step in decarbonising Australia's heavy logistics sector. The new vehicles deliver a 270 km range per charge and can haul up to 26.5 tonnes, cutting 192 tonnes of CO2 emissions annually. Operating within BlueScope's logistics n
Port of New York & New Jersey announces agreement with Boingo Wireless The Port Authority of New York and New Jersey announced a new long-term agreement with Boingo Wireless, an industry leader in 5G and Wi-Fi connectivity, to deliver next-generation cellular and Wi-Fi networks across its expansive property portfolio, including airports, crossings, seaport facilities, PATH stations, and the Midtown Bus Terminal. The agreement reflects the agency's commitment to buil
ONE supports Nike's sustainability goals Ocean Network Express (ONE) has expanded its strategic partnership with Nike, further deploying its sustainable shipping solution ONE LEAF+ to help advance the sports brand's global sustainability goals. Gilberto Santos, Senior Vice President, Global Key Account Sales at ONE, said: "Our collaboration with Nike exemplifies how leading companies can work together to create more environmentally resp
PIL expands intermodal services in Indonesia Pacific International Lines (PIL) has successfully completed the trial of its first intermodal shipment from Jakarta to Cikarang Dry Port (CDP) - a key milestone in expanding its inland logistics capabilities across Indonesia. On 3 October 2025, the shipment arrived at Koja Terminal, Jakarta on PIL's North China Indonesia Service (NCI). From there, 25 containers were seamlessly transported by rai
COSCO Ports sees September container growth COSCO SHIPPING Ports Limited (CSPL) saw total container throughput rise steadily in September 2025, excluding QPI and CTT. Throughput increased 2.8% year-on-year (YoY) . Terminals in China's Southwest and Yangtze River Delta regions performed strongly, rising 12.1% and 9.5% YoY , respectively. Overseas terminals also showed growth, with total throughput up 6.8% YoY . CSP Zeebrugge Terminal posted
Hai An Transport and Stevedoring unveils new brand identity Hai An Transport and Stevedoring Joint Stock Company (HAH) has unveiled its new brand identity, celebrating the 10th anniversary of its listing on the Ho Chi Minh Stock Exchange (HOSE). The refreshed identity reflects the company's mission and core values in maritime transport and logistics, symbolizing its continued evolution and growth. Founded in 2009, HAH has grown into one of Vietnam's leadi
Global shipping braces for transformation as investment hits record high Record orders and persistent port congestion signal industry inflection point as sustainability and digitalization reshape maritime trade
Israel-Hamas ceasefire sparks container futures sell-off Asia-Europe container freight futures experienced a sell-off on 13 October as the Israel-Hamas ceasefire suggested a possible resumption of Red Sea transits. Since October 2023, when the Israel-Hamas conflict broke out, mainline operators had been detouring round the Cape of Good Hope for Asia-Europe routes to avert Houthi assaults. However, US President Donald Trump's brokering of a ceasefire, a
Cold Chain Technologies enables ocean freight breakthrough for Teva and Kuehne+Nagel Cold Chain Technologies (CCT) has successfully demonstrated that sea freight can be a reliable, cost-effective, and sustainable alternative to air transport for high-value pharmaceutical products, following a landmark project with Kuehne+Nagel and Teva Pharmaceuticals. The project validated the transportation of temperature-sensitive medicines from Germany to Australia, one of the world's most de
APM Terminals Lázaro Cárdenas installs fully electric crane APM Terminals has commissioned a new 100% electric crane at its Lázaro Cárdenas terminal , marking a major step toward faster, cleaner, and more efficient port operations. With a 100-tonne lifting capacity and advanced automation, the crane will reduce vessel turnaround times, enhance flexibility for ships of all sizes , and improve reliability for shipping lines and cargo owners. The installati
easyJet shares surge on report of possible MSC bid interest Shares in budget airline easyJet jumped as much as 11.5% on Tuesday following an Italian media report suggesting possible bid interest from global container shipping giant MSC, according to Reuters. The report, published by Corriere della Sera , cited unnamed sources claiming MSC could be considering a joint bid with an investment fund for either a stake or full control of the airline, though it
Safety and efficiency go hand in hand with MacGregor 'Hippo' fully automatic twistlock In an era when digital technology and data-driven processes dominate discussions on improving container transport efficiency, it is sometimes easy to overlook the impact of something as simple as the humble mechanical twistlock. Initially secured by hand, the twistlock has nonetheless developed alongside the evolving demands for greater efficiency in the global container industry, with innovation
Helm Operations announces leadership transition Helm Operations, a leading provider of maritime operations and crew management software, has announced a leadership transition. James Wadsworth will take over as Chief Executive Officer (CEO), while Nolan Barclay, Helm's first employee and former CEO, assumes the role of Chairman. Wadsworth brings over 20 years of maritime industry experience and joined Helm a decade ago after nearly ten years wi
CMA CGM becomes first major global carrier to order containerships built in India CMA CGM Group has signed a letter of intent with Cochin Shipyard Limited (CSL) to construct six 1,700 TEU LNG-powered containerships, marking the first-ever order by a major international shipping line for vessels built in India. All six ships will be registered under the Indian flag and built with technical cooperation from HD Hyundai Heavy Industries. The new vessels will be LNG-capable and pre
Mitsubishi Estate opens logistics facility in Hai Phong According to Japan International Freight Forwarders Association (JIFFA), Mitsubishi Estate Vietnam has completed a new large logistics facility in Hai Phong, northern Vietnam, marking another milestone in its growing Vietnamese warehousing business. The facility follows the completion of Logicross Tai Ninh in the southeast in August. Logicross Hai Phong consists of two one-story buildings with a
ID Logistics and PepsiCo open new Dourges Warehouse ID Logistics and PepsiCo France have strengthened their partnership with the opening of a 56,000 m² warehouse in Dourges, designed to support the growth of PepsiCo's snacking business in France. ID Logistics has managed PepsiCo's snacking activities since 2009 at the Libercourt site. The move to Dourges comes with a new six-year contract, confirming the long-term collaboration between the two com
Shipping lines abandon Transpacific as US-China trade war intensifies The transpacific shipping route, a vital artery for global trade, is hemorrhaging carriers as the US-China trade war escalates, with new US port fees and plummeting freight rates forcing both niche and major players to retreat. The latest casualty, TS Lines, announced it will exit the Asia-US West Coast service next month, withdrawing its sole vessel from the route. This follows China's Hede Ship
Magma Aviation outlines growth strategy for 2026 Magma Aviation has highlighted its growth priorities and market strategy for the coming years during Air Cargo Europe 2025 in Liège, one of the leading events for logistics and air freight professionals. In an interview at the event, CEO Peter Kerins discussed shifts in air cargo demand, with regions such as Asia and Africa remaining key markets. He emphasized that reliability, speed, and service
Marinakis in for Hengli VLCC Greek shipowner Evangelos Marinakis is expanding his VLCC newbuilding programme, signing a contract for a 306,000 dwt supertanker at China's Hengli Heavy Industries. The deal, valued by shipbuilding sources at around $118m, aligns with similar VLCC deals struck by owners John Fredriksen and George Procopiou at the Dalian-based yard, with delivery scheduled between 2026 and ...
Shandong Ocean Shipping bets on capesize segment with two Hengli newbuilds China's Shandong Ocean Shipping Group is expanding into the capesize bulker segment with a pair of newbuildings. The maritime logistics arm of Shandong Port Group has returned to Hengli Shipbuilding for the 181,000 dwt vessels as part of a strategic push to strengthen its dry bulk fleet. The new order follows two firm 95,500 dwt ...
Sogestran orders two new bunker tankers in China France's Sogestran Group is upgrading its bunker tanker fleet with an order for two new vessels at China Merchants Industry Yangzhou Dingheng Shipyard. The deal, which extends a long-standing partnership between its subsidiary Maritima with Petroineos in southern France, covers 4,500 cu m newbuilds set to replace the 3,430 cu m 2008-built Florence B and ...
Panamax boxship hit with $1.7m Shanghai fee as China's new port levies bite $1.7m. That's the fee - or RMB12.1m - that the German owners of the US-flagged Matson Waikiki are being forced to pay to allow the vessel to dock in Shanghai, a sizeable sum, and an indication of the chaos, and costs, that are arising from yesterday's introduction of hiked port fees by Washington and Beijing. ...
Synergy founder Rajesh Unni joins MOL advisory board Japan's Mitsui OSK Lines (MOL) has appointed Rajesh Unni, founder and chairman of Synergy Marine Group, to its advisory board as part of efforts to strengthen its strategic and risk management framework. The Tokyo-headquartered shipping giant and the country's largest shipowner in terms of dwt said the board, created in April 2024, aims to draw ...
IMO's green dream meets America's red line While the majority of opening statements at yesterday's opening of the latest Marine Environment Protection Committee (MEPC) were broadly in favour of the International Maritime Organization's (IMO) Net-Zero Framework (NZF), the US delegation stood out once again for its outspoken opposition to the proposed green legislation. The American delegation, which made headlines in April for ...
Wood announces CEO change following Sidara vote Consulting and engineering firm Wood has announced that the company's chief executive officer, Ken Gilmartin, will be stepping down from his role as CEO and director of the board. Gilmartin will step down after the upcoming shareholder vote on the Sidara transaction and will remain in his role until then to ensure an orderly transition. ...
RWE pulls plug on 2GW offshore wind project in Australia After close to a year of feasibility studies, German utility RWE has decided to cease development of the Kent offshore wind project off the Gippsland coast in Australia. This decision follows a review of the project's competitiveness in current market conditions, as well as ongoing uncertainties around supply chain costs and the future design of ...
TGS clinches streamer contract in Africa Oslo-listed seismic data specialist TGS has won a new streamer acquisition contract in Africa. According to the company, the acquisition is scheduled to commence in the fourth quarter of this year, with the contract having a duration of approximately 50 days. The client was left undisclosed. "By leveraging the Ramform acquisition platform, coupled with our ...
MacGregor: Shipping's digital tide is just beginning Jonas Gustavsson may be a newcomer to shipping, but as the freshly appointed CEO of MacGregor he brings a seasoned industrial eye to a sector in flux. Having taken the helm earlier this year after a career in engineering and manufacturing, Gustavsson says he's struck by the scale of opportunity that decarbonisation and digitalisation are ...
Newport SA adds first ship of the year George Chatzis-led Newport SA has made its first acquisition of 2025, playing it safe with a modestly priced handysize bulker. The Piraeus-based owner has emerged as the buyer of the 38,300 dwt Zudar (built 2011, Imabari) from Germany's Termare Shipmanagement for around $13.5m - roughly $2m less than what it paid for a sister ship ...
Bauxite steals iron ore's thunder Iron ore continues to dominate global dry bulk tonne-mile generation, though its relative weight has steadily declined over the past decade, from 41.5% in 2015 to a low of 36.2% in 2024, and to around 37.1% in 2025 year to date, according to dry bulk carrier movement data from AXSMarine carried in a new report ...
Methanol, ammonia, or LNG? The economics behind future fuels in shipping Alex Ledovas assesses the pros and cons surrounding shipping's three leading alternative fuels. Shipping stands at a decisive moment. With the International Maritime Organization targeting a 20-30% cut in emissions by 2030 and net-zero by 2050, owners face one of the most uncertain investment periods in maritime history. According to DNV's Maritime Forecast to 2050, ...
UK targets Russian oil majors, shadow fleet tankers and Chinese terminals in sanctions escalation The UK announced fresh sanctions on Wednesday targeting Russian energy majors Lukoil and Rosneft, 51 vessels, and for the first...
EU comes under fire for neglect of shortsea sector European shipping 'taxes' are pushing many users to return to less environmental road transport, shipowners allege at shortsea summit in...
Ukraine's maritime traffic down 30% as years of conflict hits grain exports Grain-carrying vessels are driving the sharpest decline in marine traffic. Experts attribute this to conflict-related factors - financial strain, limited...
US tries to hobble NZF with late bid to change acceptance rules The US, Saudi Arabia and other opponents of the Net-Zero Framework are pushing the MEPC to change its rules to...
Hull insurance now only 'marginally profitable', says Swedish Club Older vessels, car carriers and boxships with dangerous goods exposure can expect 'firmer stance' from underwriters
MOL appoints Synergy Marine chairman to new advisory role Former tanker captain Unni will support MOL's management strategy and risk oversight
Anchored in tradition, searching for direction: the Croatian shipping paradox Croatia's maritime sector is deeply rooted in geography and history, shaped by its Adriatic coastline, island chains and inland waterways...
MSC fleet expansion shows little sign of slowing Strong prices and sustained buying interest indicate that the secondhand containership market remains robust, at least in the short term
The Daily View: An efficiency problem
Shipowners reshape boards to sidestep US-China port fee crossfire Port fee crossfire pushes global shipowners to rethink governance structure amid rising US-China friction
Maersk and Hapag-Lloyd divert two US-flagged ships from China to dodge port fees Vessels will discharge cargoes in South Korea instead. Further changes on transpacific routes expected
Daily Briefing IMO shows climate divides ahead of final Net-Zero Framework vote | Eagle S appeal could be heading for Finnish Supreme...
Spot rates in eastbound trans-Pacific pop after carriers set new GRIs Forwarders say the effort by liners to end a four-month decline in rates may lose steam after a week or so given generally weak market fundamentals.
China's port fees forcing Gemini to shift out US-flag ships China's new port fees on non-China-made vessels that are US-flagged or owned or controlled by US companies are forcing the Gemini Cooperation partners to transship via South Korea to avoid the multimillion dollar hit.
Importers see major uptick in CBP requests for shipment information Trade professionals and shippers say US Customs and Border Protection is pursuing trade violations with historic vigor.
CMA CGM signs $350 million Indian shipbuilding order for six box ships A 25% state subsidy for the newbuild program approved by Indian policymakers after months of negotiations is believed to have pushed the deal through, thus neutralizing the cost gaps with rival yards in China and South Korea.
UK hits Russian oil giants and shadow fleet with new sanctions Campaigners say impact of new measures against Rosneft and Lukoil will be limited
Vitol pushes down Adnoc L&S VLCC term rate in two-year deal Swiss trader takes scrubber-fitted tanker at $50,000 per day
Is ethanol a better shipping fuel than methanol? Everllence and WinGD have announced engine tests for the latest alternative propulsion newcomer
'I stand by my staff', says IMO boss amid simmering tensions with US delegation Second day of crunch carbon talks bogged down in details over the way forward
Swedish Club warns of end to falling hull premiums after major fires Insurers in the hull and machinery market are feeling the squeeze from rising costs and increased competition
Dark Iranian tankers flip on AIS switches in 'unprecedented' move Broadcast signals come as modern tonnage clusters outside Singapore
First US ship charged under new China port fee regime Matson sub-panamax Manukai is US-flagged, owned and operated
Drak Iranian tankers flip on AIS switches in 'unprecedented' move Broadcasted signals come as modern tonnage clusters outside Singapore
Break up of two gangs pulls down piracy in Singapore Strait Coastal states increased patrols after cases of boardings by armed men spiked in 2025
Brullo-family's Augusta Due makes second tanker purchase of the year Rome-based shipowner buys Chinese-built methanol-ready dual-fuel tanker
Break up of two gangs pulls down piracy in Singapore Straits Coastal states increased patrols after cases of boardings by armed men spiked in 2025
Piracy down in Singapore Straits after police break up two gangs Coastal states increased patrols after cases of boardings by armed men spiked in 2025
Ponant Explorations, GTT and Bloom Energy team up on technology for carbon-neutral cruise ship Companies plan to use solid oxide fuel cells powered by LNG in conjunction with marine carbon capture
Major new study launched to assess impact of technology on the lives of seafarers Nautical Institute and Lloyd's Register Foundation team up to launch STEER project
Chartworld Shipping to book up to eight newbuildings at reborn shipyard in China Greek shipping company believed to be the first European outfit to order at reborn Yangzhou Guoyu
Ship detained in Malaysia due to 'suspicious behaviour' 11 Chinese and Indian crew were on board vessel held for entering territorial waters without permission
South Korea government mulls impact of China's ban on country's shipyards Shipbuilding sources weigh in on the issue
Norwegian product tanker linked to Pakistan's flagship owner as buying campaign ramps up Pakistan National Shipping Corp is said to be setting sights on modern vessel of Stavanger-based owner
US delegation like a fish out of water on first day of key shipping carbon talks American representatives ask MEPC chairman to limit statements from EU states as Russia references Trump's recent UN problems
Karpowerships spin-off builds out next-generation FSRUs as demand signals and business case strengthen Kinetics has mapped out growth plans to 2030
MOL appoints Rajesh Unni as an advisor as it looks beyond Japan Synergy Marine founder adds expertise as new member of advisory board
VLCC rates surge back above $100,000 as China and US port fee war sparks market Brokers report 'interesting' week as geopolitical turmoil has an instant impact on spot numbers
LNG's status as an alternative fuel is under scrutiny despite runaway success Questions about LNG just won't go away
CMA CGM inks breakthrough order at India's largest shipyard in 'strategic' play Rodolphe Saade explains the reasons behind groundbreaking deal
Sogestran orders hybrid bunker tankers for e-methanol and biofuel supplies French group picks China Merchants yard for new vessels
New Zealand picks Chinese yard for new ropaxes after cancelling Hyundai Mipo order Guangzhou Shipyard International will build two ships for KiwiRail
US delegation a fish out of water on first day of key shipping carbon talks US delegates ask MEPC chair to limit statements from EU states as Russia references Trump's recent UN problems
MOL appoints Rajesh Unni as an adviser as it looks beyond Japan Synergy Marine founder adds expertise as new member of advisory board
Cyprus shipowners seek to spark rebellion against IMO 'net-zero' plan Polys Hajioannou-led lobby says IMO needs more time to arrive at a consensus
US delegation a fish out of water on first day of key shipping carbon talks US delegates ask MEPC chair to limit statements from EU states as Russia references Trump's recent UN problems
CMA CGM inks breakthrough order at India's largest shipyard in 'strategic' play Rodolphe Saade explains the reasons behind the groundbreaking deal at the state-owned Indian shipyard
Shandong Ocean breaks into the capesize sector with newbuildings The Chinese shipping company ordered two vessels at Hengli Shipbuilding
South Korea government mulls impact of China's ban on country's shipyards Shipbuilding sources weigh in on the issue
Evangelos Marinakis' Capital Group adds VLCC to growing orderbook as Hengli newbuilding confirmed Greek shipping company now has a total of 10 VLCC newbuildings on order at three shipyards
'We are ready': Major bunker supplier backs Asia's biofuel push with new tanker fleet ICS policy chair says Singapore's proactive bunkering strategy positions it well for the biofuel era
Jesper Kristensen reveals new methanol container and bulker projects for Synergy New CEO wants to grow business in both quantity and quality
Australia Post to invest $320M for parcel super hub Australia Post Group will invest US$324 million to build an ultra-large parcel processing center in a former automotive manufacturing plant located in South Australia, the corporation announced Thursday morning local time. The news follows the recent opening of other parcel facilities as the postal operator modernizes its network to meet demand for e-commerce delivery. The [...]
De minimis light? Retailers explore postal shipping in new tariff age Postal networks could be a good alternative direct-to-consumer shipping option to the U.S. for some shippers dealing with complicated and expensive new tariff rules, as the backlog at UPS warehouses demonstrates.
Union hits Newsom veto of measure to block port automation Labor criticizes California Governor Gavin Newsom after he vetoed a bill to limit public funding for port automation.
U.S. ships built in China exempt from new port fees China won't collect port fees on Chinese-built U.S. cargo vessels.
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