ABS approves Lemissoler Hatch design ABS has granted Approval in Principle (AIP) to Lemissoler Corporate Management Ltd. for its new watertight hatch cover design for bulk carriers. The design targets gearless bulk carriers and features an innovative seal arrangement to improve water tightness. It also offers an enclosed deck for better crew protection, lowers deck maintenance, and increases cargo capacity. ABS reviewed the design a
Port of Felixstowe doubles autonomous truck fleet Hutchison Ports Port of Felixstowe has confirmed an order for 34 additional Autonomous Trucks from Shanghai Westwell Technology, doubling its fleet capacity and reinforcing its leadership position in port automation. The initial 34 ATs, successfully deployed earlier this year at the port's Trinity Terminal alongside conventionally operated trucks, marked Europe's first successful autonomous truck
New marine container examination facility commenced operation The new Marine Container Examination Facility, designated in honor of the Africville Seasides, has officially commenced operations at the Port of Halifax. The Africville Seasides MCEF will strengthen security and expand capacity for examining cargo transiting through the Port. The purpose-built facility bears the name of the Africville Seasides, a historic hockey team from the Coloured Hockey Lea
Rhenus opens Bangkok air freight gateway Rhenus Group has launched a new air freight gateway at Bangkok's Suvarnabhumi Airport, positioning Thailand as a strategic hub for its Southeast Asia operations. The facility offers 24/7 multi-modal services, Free Trade Zone (FTZ) storage, customs clearance, and direct links to Rhenus' nearby warehouses and Laem Chabang seaport. The 600-sqm gateway provides secure handling, fast shipment processi
Asia-North Europe rates set for lowest level in nearly two years Asia- North Europe freight rates are heading for a 20-month low as liner operators continue to slash rates ahead of China's Golden Week holidays that begin on 1 October. Describing the situation as a freefall, consultancy Linerlytica singled out Gemini Cooperation (Maersk and Hapag-Lloyd) carriers' insistence on maintaining full sailings even as the Chinese holidays will drag down market rates, w
Wärtsilä partners with GigaMare Technology group Wärtsilä has signed a strategic training partnership with GigaMare, a leading provider of maritime operations and maintenance training. GigaMare is now an official Wärtsilä training partner and can deliver certified courses on selected Wärtsilä engines in the Philippines. The Philippines is home to a large portion of the world's seafarers. Through Wärtsilä's Land and Sea Academy
Freightos Weekly Update: Transpac rates cooling again The latest round of China-US trade talks got underway in Madrid this week, with progress on a Tik Tok deal possibly a good sign for broader trade discussions. The Trump administration extended 30% baseline tariffs on all imports from China for another 90-days a month ago in order to encourage further negotiations. And though the move has not led to a significant surge of transpacific container vo
Serdal International inaugurates operations in the Comoros The venture of AD Ports Group and Resources Investment will introduce a passenger ferry service in the Comoros island archipelago of East Africa. This initiative represents part of the nation's continuous economic and development programs, as the Comorian Government advances collaborative efforts with partners and investors to execute strategic maritime transport, port, and logistics sector proje
Port of Antwerp hosts first self-driving truck The Port of Antwerp-Bruges hosted Belgium's first fully autonomous heavy-duty truck on public roads during its Port of the Future - Autonomous Summit. The event showcased innovations in land, sea, and air mobility, including drones, unmanned vessels, and autonomous container shuttles. Einride demonstrated its cab-free truck, which uses radar, LIDAR, and cameras for 360° awareness. An AI-powered c
How Cosco is implementing a dual-investment strategy China's largest container shipping line is making strategic moves that reveal just how seriously Beijing takes America's growing maritime restrictions. On September 15, 2024, COSCO Container announced two major investments within hours of each other a US$140 million smart supply chain hub in Shenzhen and a landmark partnership at Singapore's massive Tuas Port. These announcements came just five m
CMA CGM issues guidance on New Zealand's BMSB regulations CMA CGM has advised customers of new measures from New Zealand authorities aimed at preventing the spread of the brown marmorated stink bug (BMSB) during the 2025/26 high-risk season, which runs from September 1, 2025 to April 30, 2026. Under the rules, cargo subject to BMSB restrictions must be fumigated at origin or at designated transshipment ports, such as Singapore or Port Klang, before ente
Heysham Port to host UK's first green shipping corridor NatPower Marine and Peel Ports Group will begin installing shore power infrastructure at Heysham in September 2025, marking the launch of the UK's first green shipping corridor. The first connection will go live later that year, with all four berths expected to be electrified by 2026. Once complete, Heysham's routes across the Irish Sea will be able to operate with zero emissions while at berth a
PIL names first LNG dual-fuel ship in Ghana Pacific International Lines (PIL) has marked a historic first in Ghana with the naming of its latest 8,200 TEU LNG dual-fuel container vessel, Kota Odyssey , at the Port of Tema. The vessel is part of PIL's new "O" Class series and was named by Her Excellency Ms Naana Jane Opoku-Agyemang, Vice President of the Republic of Ghana. Ghanaian ministers of Transport and Energy also attended, highlighti
US container imports from Asia up 4.1% in August According to Descartes Datamyne data from CBP, U.S. container imports from 10 key Asian economies reached 1.86 million TEUs in August, up 4.1% year-on-year, as Japan International Freight Forwarders Association (JIFFA) reported. Month-on-month, imports fell 2.9%. From January to August, U.S. imports from these economies totaled 13.63 million TEUs, up 3.5%. China remained the largest source despit
Could South Korea emerge as a winner in the current shipping landscape? South Korea emerges as a strategic winner in the evolving US-China shipping decoupling, leveraging superior technological capabilities and geopolitical positioning to capture market share lost by Chinese competitors. Despite current trade negotiations challenges, Korea's integrated approach combining shipbuilding excellence, strategic US investments, and timing advantage positions it to become th
Port of Charleston delivers fast access, record growth The Port of Charleston continues to prove itself as one of the most efficient gateways to the U.S. Southeast. At 52 feet deep, Charleston is the deepest harbor on the East Coast, allowing carriers to avoid tidal delays and get quick berth access. High crane productivity, fast turn times, and immediate import availability make SC Ports attractive for shippers needing speed to market. The port offe
Boluda strengthens rail network with Transfesa deal Boluda Shipping has acquired the intermodal rail freight business of Grupo Transfesa from the German government. The deal includes transport for industrial sectors, as well as maintenance, shunting, and terminal services. With this acquisition, Boluda becomes Spain's second-largest rail freight operator, after Renfe Mercancías. The company strengthens its rail network across the Iberian Peninsula
JSI Alliance opens new office in Bilbao JSI Alliance has opened a new office in Bilbao, a key shipping and logistics hub in northern Spain. The office will handle commercial representation and port agency services across Spain, Portugal, and North Africa. The branch is a joint effort between Noatum Maritime Services and SAL Heavy Lift. It will support the full JSI Alliance fleet, including multipurpose and heavy lift vessels. Terry Gid
Peninsula launches operations in Algoa Bay, South Africa Peninsula, a leading independent marine energy supplier, has expanded its physical supply operations to Algoa Bay, South Africa. This move follows the company's successful operations in Mauritius, Egypt, and its growing Intra-African reselling network. The launch is in partnership with Linsen Nambi, a South African logistics and bunker barge operator. The collaboration will leverage local experti
WK NatPower, Shandong Port team up on shore power Wah Kwong NatPower Holdings (WK NatPower) and Shandong Port Group (SPG) have signed a strategic Memorandum of Understanding (MOU) to advance large-scale shore power and ship electrification projects. The collaboration begins at Qingdao Port International, one of the world's most automated terminals, and aims to create global green shipping corridors connecting China and Europe. The partnership fo
CLdN to develop new river berth at Liverpool Port CLdN will build a new river berth for roll-on/roll-off vessels at the Port of Liverpool. The project is in partnership with Peel Ports Group. It represents a multi-million-pound investment in the Irish Sea market. The berth will be lock-free and sit next to CLdN's facilities at Brocklebank and Langton Dock. It will handle larger ships and higher cargo volumes than the current terminal. CLdN plans
The Port Authority of New York and New Jersey to operate pooled electric ground support fleets The Port Authority of New York and New Jersey and JFK Millennium Partners announced a collaboration with Long Island-based Fortbrand Services LLC to manage the terminal's future all-electric ground support fleet through a common use, or pooled, configuration. JFK will become North America's first airport with new terminals providing pooled e-GSE, representing a substantial advancement toward achi
Port of Los Angeles issues environmental impact report for proposed terminal island facility The Port of Los Angeles has published a Draft Environmental Impact Report for the proposed Terminal Island Maritime Support Facility Project, situated in the Port complex at 740 Terminal Way in San Pedro. The proposed initiative involves developing and operating a chassis support facility on an approximately 89-acre site at the Port of Los Angeles. Proposed development encompasses construction an
MSC announces PSS from North Europe to North America MSC Mediterranean Shipping Company has announced the implementation of a Peak Season Surcharge (PSS) applicable to cargo moving from North Europe to the USA, Puerto Rico, Bahamas, Mexico, and Canada, effective 15 October 2025 and until further notice. USA, Puerto Rico, and Bahamas (PODs) - Effective 15 October 2025 (gate in date) USD 400 per 20' DV USD 600 per 40' DV-HC USD 1,000 per Reefer & Spe
Baker Hughes secures Petrobras contract extension for vessel duo Oilfield services giant Baker Hughes has signed a multi-year agreement with Petrobras to extend the deployment of two stimulation vessels. The award, which followed an open tender, also includes the provision of associated chemicals and services. The 2008-built Blue Marlin and the 2013-built Blue Orca will deliver advanced chemical treatments to stimulate wells, maximising production ...
Petros Panagiotidis firms up second LPG swap between Toro and Robin Toro Corp has struck another related-party deal, selling one of its LPG carriers to an affiliate of chairman Petros Panagiotidis for $20m. The Nasdaq-listed owner is offloading the 2020-built, 4,700 cu m Dream Terrax to a subsidiary of Robin Energy, another Panagiotidis-controlled Nasdaq-listed vehicle. The sale, reviewed and cleared by independent directors on both companies' ...
Shipping launches first training playbook for handling ammonia, methanol and hydrogen The Maritime Just Transition Task Force (MJTTF) has released industry-first training frameworks designed to facilitate the development of training programmes for seafarers for working on ships powered by ammonia, methanol and hydrogen. The MJTTF was formed at COP26 four years ago by the International Chamber of Shipping (ICS), the International Transport Workers' Federation (ITF), the ...
SSI: AI and the business of building ships Canadian shipbuilding software specialist SSI has been working at the intersection of technology and shipyards for decades. Today, Denis Morais, the company's CEO, believes the industry is entering a pivotal moment - and AI is at the centre of it. "I've never seen shipyards more open to investing in technology than they are right now, ...
COSCO Shipping Heavy Industry in South China yard expansion COSCO Shipping Heavy Industry is expanding its ship repair and offshore engineering footprint in South China with a RMB3bn ($421m) project at Yangjiang, Guangdong province. The development will see the construction of a 400,000-tonne dry dock, a 200,000-tonne dry dock, an 80,000-tonne floating dock and seven berths, enabling the yard to handle VLCCs, large containerships ...
Astro Offshore boosts fleet with five-vessel buy Adani-owned offshore service provider Astro Offshore has expanded its fleet with an en-bloc acquisition of five more vessels. The acquisition comprises four PSVs, two of which are diesel-electric, and one diesel-electric MPSV equipped with a 160-tonne crane. Financial details were not revealed. The acquisition of the five DP2 vessels brings the total fleet size to ...
Port of Tyne's redevelopment plan to position it as offshore wind gateway The Port of Tyne will be investing £150m ($177m) to add 400 m of deepwater quayside to support the offshore wind sector. The programme will transform 930,000 sq m at the north and south banks of the Port of Tyne into the Tyne Clean Energy Park and add 400 metres of deepwater quayside. An independent ...
Foroohari Schiffart takes big leap in boxship scale with $120m purchase Stade-based non-operating owner Foroohari Schiffart has made its boldest move to date in container shipping, picking up the 13,312 teu Manzanillo Express from Greece's Capital Ship Management for a price reported by Alphaliner at around $120m. The 2022-built vessel, constructed at Hyundai Samho in South Korea, will become by far the largest ship in Foroohari's ...
Dutch government backs 2GW of offshore wind with $1.2bn in subsidies The Dutch government has decided to grant around €1bn ($1.19bn) in subsidies for the construction of 2GW of offshore wind farms. In May, the country decided to delay tenders for two offshore wind farms over deteriorating market conditions for offshore wind energy projects. The two sites were not removed completely and will be tendered later. ...
Katoen Natie pitches Antwerp capacity fix Belgian logistics giant Katoen Natie has pitched an alternative idea for Antwerp's long-planned port expansion. Instead of pouring billions into the controversial Tweede Getijdendok on the Left Bank, the group is pushing a faster, cheaper fix on the Right Bank. Katoen Natie has said redeveloping its 220 ha Bevrijdingsdok concession could deliver an extra 9m ...
PV Drilling revealed as buyer of Noble jackup Petrovietnam Drilling and Well Service Corporation (PV Drilling) has been revealed as the buyer of the Noble Highlander jackup. Noble said in its most recent fleet status report that it entered into a definitive agreement to sell the 2016-built cold-stacked rig for $65m to an undisclosed buyer. The driller also added that the sale was ...
Shipping off track on 2030 fuel goals The shipping sector is still off track to meet its climate target of having at least 5-10% of the fuel used in international shipping come from scalable zero-emission sources by 2030, according to a new progress report. The fourth annual report of its kind, Progress towards shipping's 2030 breakthrough - 2025 edition, follows the International ...
Hanwha Ocean wins first orders from Yang Ming South Korea's Hanwha Ocean has won a KRW1.93trn ($1.4bn) order from Taiwan's Yang Ming Marine Transport Corp for seven liquefied natural gas (LNG) dual-fuel containerships that come with some unique features. The vessels, each with a capacity of 15,880 teu, will deliver in the first half of 2029. The project will feature the world's first ...
Medicines to be shipped across the Atlantic by trimaran Japanese biopharmaceutical company Takeda has tapped Bordeaux-based VELA Transport to transport its products between Europe and the US using VELA's first-of-its-kind sailing cargo trimaran. VELA designed and will operate a fleet of new generation aluminium sailing cargo vessels, powered 100% by wind when at sea. Purpose-built to handle pharmaceutical products, VELA will offer reliable, secure ...
Japanese shipowner Nissen Kaiun takes stake in Dutch wind-assist pioneer Japanese shipowner Nissen Kaiun has become a shareholder in Dutch wind tech pioneer Econowind. Econowind has developed the VentoFoil, a wing-shaped wind-assist device. More than 130 units have been sold globally, with customers ranging from shortsea and deepsea operators across all market segments. "We recognised that Econowind has a mature wind-assisted ship propulsion solution in ...
Fragmentation threatens full-scale AI adoption As AI and predictive analytics gain traction across the shipping sector, structural fragmentation and limited financial capacity among smaller shipowners...
The LISW Daily: Net zero and navies The Lloyd's List team bring you highlights from every day at London International Shipping Week in bonus podcast episodes, published...
Shipping bosses fear choice between two IMO devils they don't know Industry leaders are stuck between unease at what could go wrong if the Net-Zero Framework is adopted, and fear of...
VLCC rates keep climbing amid hope for sustainable upcycle VLCC rates do not increase in a straight line during upcycles - there are temporary pullbacks along the way. The...
Confidence in Net-Zero Framework adoption waning as MEPC looms But IMO secretary-general Arsenio Dominguez said he remained very confident the Net-Zero Framework would be adopted next month
Shipowners' Club sees sharp drop in first-half surplus Underwriting is breaking almost exactly even, small craft specialist reveals
Ofac grants new licence in Tinos I case as legal battle continues Ofac has issued a new licence authorising Vitol to carry out transactions in connection with the US-sanctioned VLGC Tinos I...
Shipping poised to profit from rapidly fragmenting system of global trade The highly efficient system of world trade that prevailed a decade ago is in tatters. Navigating an increasingly confrontational and...
Asia-Europe carriers falling short of weekly sailings quota A persistent vessel shortage on the Asia-Europe trade lane has left major carriers struggling to meet weekly service commitments ...
Disrupting Cape of Good Hope route 'wouldn't be that hard' The past four years has seen a 'paradigm shift' in maritime security, Nato adviser tells industry
S&P improves outlook for West of England Club expected to outperform IG average in coming years
New shipping minister promises to reverse 'systemic underinvestment' Mather spoke after his government announced more than £1.1bn of investment for the UK maritime sector this week
LI>The Daily View: The slow road to progress
Daily Briefing Green coalition urges IMO states to vote yes as unity on NZF strains | Wiernicki calls for IMO 'timeout' to...
Cosco says no changes to US services as new port fees approach While the new fees "may pose certain operational challenges," Cosco said it does not plan to remove any trans-Pacific services, reduce its US ship deployment, or impose new surcharges to cover the fees.
Indian drayage strike at Mundra, Kandla ports ends Local carrier and forwarder sources expressed relief that the truck strike ended before it had become a crisis extending beyond the two ports.
Yang Ming signs $1.4 billion upgraded ship order for 16,000-TEU vessels Yang Ming said the ships will be the first LNG dual-fuel container vessels in Taiwan to feature specifications allowing them to be converted to ammonia dual-fuel propulsion.
Shipping experts warn of 'disaster' if IMO's net-zero framework voted down Should US attempts to derail the measure be successful, a global approach to putting a price on carbon emissions will be abandoned and replaced with uncoordinated regional and national measures, the experts say.
Panagaea Logistics announces change at the top as Mark Filanowski plans retirement Chief operating officer Mads Petersen to take helm at start of the year
European Commission proposes tariffs against Israel over Gaza Move led by Ursula von der Leyen also proposes sanctions on both sides
Meet the alleged Houthi fuel baron behind a sanctioned Dubai ship manager Tyba Ship Management is a small part of what is believed to be one of the Yemeni militant group's biggest fuel import networks
'One safe route left': Nato fears threat to shipping around Horn of Africa Adviser notes Red Sea escalation, Russian paradigm shift and impact of Somali piracy on world trade
Shipping stars, Sinatra and a silver bullet: Can Tor Olav Troim break shipping IPO blues? This week's Streetwise looks at the new VLCC venture that's starting in Oslo but may be heading across the Atlantic
Yang Ming hedges fuel bets, adding ammonia features to dual-fuel LNG boxship newbuildings Taiwanese liner company unveils details of Hanwha order for seven big container ships
Tanker valuations rise on the back of skyrocketing VLCC rates BTIG notes the price of a 5-year-old VLCC is at multi-year highs
VLCC earnings keep climbing as 'high quality' rally continues Lack of failed fixtures suggests fundamental drivers, Jefferies' Omar Nokta says
'One safe route left': Nato closely watching threat to shipping around Horn of Africa Adviser notes Red Sea escalation, Russian paradigm shift and impact of Somali piracy on world trade
Greek shipowner Nikolas Tsakos praises Trump's planned cut to quarterly earnings demands President's approach is welcome news, says long-term New York Stock Exchange resident
Asyad Shipping poised to launch hunt for LNG newbuildings Omani owner is considering the future for five steamships, but recycling is currently off the menu
Greece's Stefanou brothers plan tanker debut, while boosting bulker fleet with two more buys Diversification move will see Greek family build a footprint in three different shipping segments
Japanese owner Nissen Kaiun takes stake in Dutch wind propulsion maker Econowind Econowind pondering launching Asian production site
Marine insurance premium rise slowed in 2024 amid cooling market End of inflationary pressures and rising competition in London market ends upward spiral
Modern bulk carrier fails to sell at Chinese online auction Vessel deemed overpriced by market observers
Frontline dreams of higher VLCC spot exposure as day rates soar past $90,000 Lars Barstad explains the punchy big-tanker market amid positive outlook on oil demand
Clever Collie or yappy Chihuahua? Tysers names its top dog insurer of the year Gard retains status as shipowner's best friend in annual ratings of P&I clubs
Frontline selected as top stock pick in Nordics as VLCC rates surge Tanker owner is one of the 'most liked stocks'
Tufton boss Andrew Hampson reveals most attractive segment in shipping today Executive believes shipping is currently mid-cycle
LA port sees 10% import drop through year-end August was a strong month for the Port of Los Angeles, but that could be the end of the good news in 2025 for the busiest U.S import gateway.
Dwell down for LA-Long Beach container trucks, rail The Ports of Los Angeles-Long Beach managed near-record cargo volumes while maintaining fluidity across marine terminals, as dwell times for truck and rail-bound containers fell in August.
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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