Ship Repair USA: Women at the helm Ship repair has long been a male-dominated corner of the maritime industry-but that's changing. At Marine Log's Ship Repair USA, taking place June 10-11 in New Orleans, a standout panel titled "Women
Trump lifts Empire Wind stop work order The Trump administration has lifted the stop work order on the Empire Wind 1 project that was imposed by Secretary of Energy Doug Burgum on April 16. The news was welcome by
DP World to invest $2.5 Billion in 2025 to strengthen global logistics network DP World has announced a major investment of $2.5 billion in 2025 to expand its global logistics infrastructure, with new projects spanning India, Africa, South America, and Europe. The investment covers four major developments across four continents, significantly enhancing DP World's capacity and capabilities across its global port network. Sultan Ahmed bin Sulayem, Chairman and Group CEO of DP
Belgium's ports disrupted again amid national strike Belgium's ports are once again facing operational disruptions due to a national strike led by the ABVV-ACOD union. This marks the third nationwide industrial action to impact the country's transport and logistics sector since March. The latest strike, focused on the public sector, reflects ongoing resistance to the De Wever government's austerity and reform agenda. With no resolution in sight, fu
PIL reports record profit of US$1.34 Billion for FY2024 amid strong market performance Pacific International Lines (PIL) delivered a robust financial performance in FY2024, posting a net profit after tax of US$1.342 billion, a significant increase from US$306.93 million in FY2023. This surge was driven by strong growth in operating revenue and disciplined cost control across the group. For the full year 2024, PIL recorded total revenue of US$4.305 billion, marking a 49% year-on-yea
MSC ship stopped for unauthorised anchoring off Port Klang The Malaysian Maritime Enforcement Agency (MMEA) has detained an MSC container ship after it was found to have anchored without permission in the country's waters. MMEA, Malaysia's de facto coast guard, circulated a photo of the ship, with the vessel name blacked out, only describing it as a Liberia-flagged vessel. MMEA said the ship was detained on 16 May. However, MarineTraffic's vessel-trackin
South China Sea faces heighten risk as China and Taiwan aim to launch military drills As China launched a surprise live-fire military exercise in the Taiwan Strait from May 20 to 22, heightened risks to shipping routes vital to global trade could emerge. The exercise, announced without prior warning, comes on the one-year anniversary of Taiwanese President Lai Ching-te's administration and coincides with Taiwanese military drills in the island's southeastern region - a convergence
AD Ports Group and Advario partner to advance global clean energy and bulk storage infrastructure AD Ports Group has signed a Head of Terms Agreement with Advario, a global leader in tank storage and infrastructure solutions. The agreement outlines plans to explore the establishment of a joint venture aimed at developing and operating green energy and liquid bulk storage projects within the UAE and internationally. Under the proposed structure, the joint venture would be 51% owned by AD Ports
Tensions escalate in the Red Sea as Houthis threaten Haifa port amid fragile US-Iran nuclear talks The strategic waters of the Red Sea are once again at the center of geopolitical tension as Yemen's Iran-backed Houthi rebels declared Israel's Haifa port a "military target," adding fresh uncertainty to an already volatile maritime corridor. The move comes as nuclear negotiations between the United States and Iran enter a pivotal fifth stage. While US officials have signaled cautious optimism... T
SC Ports container volumes hold steady in April as inland rail moves gain momentum SC Ports announced cargo handling results for April. In April, the Port of Charleston handled 215,804 TEUs and 118,215 pier containers, maintaining steady performance compared to the same month last year. This marks a period of stability following two consecutive months of container volume growth. However, vehicle imports and exports at the port totaled 12,339 units, reflecting a 32% decline year
Port Houston sets New April record for container volumes Port Houston continued its strong performance in April 2025, handling 387,478 TEUs across its public terminals, a 20% year-over-year increase and a new record for April container volumes. This follows a record-setting March, underscoring sustained momentum at one of the nation's fastest-growing ports. Year-to-date, Port Houston has moved 1,456,173 TEUs through April, a 4% rise compared to the sam
NWSA sees strong container growth in April while welcoming new eco-friendly vessel The Northwest Seaport Alliance (NWSA) continued its momentum in April 2025, driven by importers advancing shipments amid ongoing market uncertainty. Full international imports rose by 8.8% year-over-year, marking the 14th consecutive month of month-over-month growth. Full international exports, however, declined slightly by 1.7%. Total container volume, combining international and domestic traffi
Port of Los Angeles sees continued growth in April cargo volumes The Port of Los Angeles handled 842,806 TEUs in April 2025, marking a 9.4% increase compared to April 2024. Over the first four months of the year, the port processed a total of 3,346,853 TEUs-up 6.2% from the same period last year. "We've experienced nearly two years of strong cargo volume, including ten consecutive months of year-over-year growth," said Port of Los Angeles Executive Director Ge
CCM expands chassis fleet in Tampa Bay to support growing freight demand Consolidated Chassis Management (CCM) has deployed 300 newly upgraded red SACP chassis to Port Tampa Bay. The move is part of CCM's broader strategy to invest in high-growth markets shaped by evolving freight patterns and rising demand. To celebrate the rollout, CCM hosted a re-opening event at Ports America's terminal at Port Tampa Bay, showcasing the enhanced fleet to port officials, motor carr
Port of Oakland sees April cargo volume dip amid trade policy uncertainty The Port of Oakland processed 185,499 TEUs in April 2025, representing a 14.7% drop in total cargo volume compared to March. This decline is attributed to growing market uncertainty and a decrease in export demand, both influenced by recent shifts in US trade policy. Despite the monthly slowdown, the port handled 787,028 TEUs during the first four months of 2025, showing a 4.3% year-on-year incre
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Houthis announce naval blockade of Israeli port of Haifa Yemen's Houthi rebels declared on Monday their intention to impose a naval blockade on Israel's port of Haifa, citing retaliation for Israel's intensified military operations in Gaza. Houthi military spokesperson Yehya Saree announced, "We will begin enforcing a naval blockade on the port of Haifa." He warned that all shipping companies with vessels currently docked at or en route to Haifa should
US Eyes Piraeus to Counter China in Emerging Trade Corridors As the India-Middle East-Europe Economic Corridor (IMEC) takes shape, the Eastern Mediterranean is fast becoming the fulcrum of global maritime geopolitics. At the heart of this strategic shift lies Greece's port of Piraeus, which now seems under intense scrutiny and pressure from the United States and its allies. According to Greek media, US interest in the port of Piraeus, along with the ports
St1 launches Swedish-produced LBG bunkering in Gothenburg St1 and its subsidiary St1 Biokraft have, for the first time, supplied their own Swedish-produced liquefied biomethane (LBG) to the shipping industry. The delivery was made to Terntank's vessel Tern Ocean during a recent bunkering operation at the Port of Gothenburg, marking a significant step toward large-scale adoption of alternative marine fuels. The operation, conducted at quay 519, served as
MSC increases rates from Europe to Oceania Swiss/Italian ocean carrier MSC will apply a peak season surcharge (PSS) to all cargo from European ports, including Northwest, Scanbaltic, West Med, East Med, Adriatic, Greece and Turkey, to Australia and New Zealand. The surcharge of US$175 per TEU and US$350 per FEU will be effective from 15 June until further notice. If you liked this post, please consider donating The post appeared first on
UK slaps sanctions on British ship finance veteran over shadow fleet deals The UK has imposed sanctions on a British ship finance veteran for allegedly buying tankers for Russia's shadow fleet. John Ormerod was blacklisted on Tuesday alongside two Russian captains, 18 shadow fleet vessels and 46 financial institutions in the latest wave of British sanctions against Russia. Last year, Financial Times uncovered how Russian oil producer ...
MAN Energy Solutions reveals world's most powerful methanol engine Ship engine manufacturer MAN Energy Solutions has developed the world's most powerful two-stroke methanol engine. The engine, rated at 82,440kW at 80rpm, is currently being built by Chinese licensee CSSC-MES Diesel. This will be the first engine of 12 bound for a series of a dozen 24,000 teu container vessels currently under construction - seven ...
Petrobras pens EPCI deal with Subsea 7 worth nearly $1.5bn Brazilian oil and gas major Petrobras has signed an engineering, production, construction, and installation (EPCI) contract with Subsea 7 for the Búzios 11 Project, worth R$8.4bn ($1.48bn) The contract establishes a minimum requirement of 40% local content, but the expectation is to reach a percentage above 50%. In total, the deal is expected to generate ...
Norway opens bidding for 1.5GW of floating wind The Norwegian Ministry of Energy is calling for applications to its tender for three floating offshore wind project areas at Utsira Nord. Each project area may have an installed capacity of up to 500MW of floating offshore wind. Interested parties must submit applications by September 15. According to the Ministry, the allocation of project areas ...
Denmark sets up offshore wind tender with up to $8.3bn in subsidies The Danish government has revealed it would launch a 3GW offshore wind tender this autumn. The country also decided to support developers with two-sided contracts for difference after last year's tender attracted no bids. The three tenders cover two areas in the Danish North Sea and one in the waters separating Denmark and Sweden. Nordsøen ...
BW LPG exits Indian gas terminal scheme VLGC owner and operator BW LPG has decided to drop its investment plans for a liquefied petroleum gas onshore import terminal project in India, citing "heightened market uncertainties influencing the global business landscape". The project, initiated by BW LPG's joint venture with Confidence Petroleum India, called BW Confidence, and Ganesh Benzoplast, aimed to develop a ...
Hanwha Philly Shipyard set for transformation to meet Trump goals South Korea's Hanwha Ocean has detailed how it intends to make its Philadelphia shipyard the top shipbuilder in the US. Hanwha, which spent $100m buying Philly Shipyard from Aker last year, has outlined how it intends to increase production capacity at its American yard from 1.5 ships to 10 a year, a mix of naval ...
Houthis warn ships bound for Haifa are targets Yemen's Houthis said yesterday they will target the Israeli port of Haifa in response to Israel's escalation of the Gaza war. The Houthis would "begin working to enforce a naval blockade of the port of Haifa," said military spokesman Yehya Saree. "All companies with ships present in or heading to this port are hereby notified ...
Longship takes option on four newbuilds Netherlands-based shortsea operator Longship Group has bolstered its orderbook by triggering an option for four additional 6,000 dwt newbuildings. The move adds to the four so-called Pmax Eco Trader vessels the company booked in collaboration with GS Projects and Ship and Steelbuilding at the Dutch shipyard in Waterhuizen. The series is scheduled for delivery starting ...
Seaspan back at Hudong-Zhonghua for 8,300 teu series Seaspan has put pen to paper on more containership newbuilds at China's Hudong-Zhonghua Shipbuilding. The Bing Chen-led tonnage provider has signed a letter of intent for a series of 8,300 teu vessels with delivery likely starting in 2028. The latest deal marks the third batch of newbuilds Seaspan had lined up at the Chinese state-owned ...
KMTC returns to the transpacific after 40-year absence Korea Marine Transport Co (KMTC) is rejoining the suddenly booming transpacific container trades after a 40-year absence. From Wednesday last week, cargo leaving China bound for the US carries a 30% tariff rate for a 90-day period - a reduction from the higher 145% tariff that was in place for six weeks. This has led ...
Japan unveils ports decarbonisation plan Japan's Ports and Harbours Bureau at the Ministry of Land, Infrastructure, Transport and Tourism (MLIT) has plans to achieve carbon net zero by 2050 at all Japanese ports via a new Carbon Neutral Ports (CNP) initiative backed by a CNP certification process. The certification process will evaluate each terminal's decarbonisation efforts. Critically, this assessment will ...
Why shipping can't wait for another cybersecurity crisis Julian Panter, CEO of SmartSea, writes for Splash today. With recent cyberattacks crippling major retailers and exposing the personal data of millions, cybersecurity is once again front-page news. Retailers and financial institutions have been pouring billions into digital defences but in the shipping industry, the same urgency is still lacking. Shipping may not be able ...
Ofac to allow potential sale of US-sanctioned, Houston-stranded Tinos I Ofac has issued a general license authorising certain transactions relating to Tinos I, the gas tanker that was sanctioned by...
Shipping stocks bounce back after 'Liberation Day' tariff slump In theory, stock prices take into account future expectations. If so, shipping share prices imply that investors believe trade war...
Over 10% of the tanker fleet is now sanctioned following latest EU and UK measures The EU and UK are scaling up their sanctions against Russia with more to come, despite the absence of US...
Trio to appeal after being found guilty in 2017 Greek spill Sinking of Agia Zoni II was one of worst pollution cases of recent years in Greek seas
Europe's new defence drive is worrying port bosses Military mobility is emerging as a key pillar of the European Commission's 2025 port strategy. But how should EU ports...
UK could align its carbon market with the EU's under post-Brexit reset The UK and EU are in talks to link their emissions trading systems as part of their post-Brexit deal on...
Safe Bulkers profits dip on softer market and volatility US-listed owner of 49 bulkers snaps up its own stock under repurchase mandate
Utkilen calls for end to tanker age restriction as it extends ships' lives Privately owned Norwegian chemical tanker operator is making considerable investments in vessel life extensions and dual-fuel conversions. The company is...
Martin Sato appointed to lead Lauritzen Bulkers Lauritzen Bulkers has appointed its second chief executive inside 12 months after Martin Egvang left his role citing unsustainable levels...
BW pulls out of LPG terminal project citing 'market uncertainties' The VLGC owner has pulled out of the project, citing 'market uncertainties' and will focus on shipping and trading
Trafigura confirms ammonia dual-fuel engines for four mid-size gas carriers The move reflects a broader push toward low-carbon shipping, with delivery now extended to July 2028
Russia releases detained tanker The tanker was detained by Russian authorities on May 18 after it entered Russian territorial waters, in what Estonia said...
Watchkeeper distracted by music on phone before collision, Admiralty Court finds Casualty could have been averted by continuing course or steering to starboard
Carriers rush to reposition ships as trade truce fuels transpacific boom Carriers are rapidly redeploying ships and reviving transpacific services between China and the US as the tariff truce triggers a...
Cook Islands registry removed from flag states' information-sharing compact The Cook Islands registry has been ejected from RISC, the information-sharing database launched to prevent sanctions-skirting tankers from hopping between...
Carbon taxes set to reshape shipping Carbon pricing has moved from a regulatory abstraction to an immediate financial reality. With total costs surging towards $50bn by...
The Daily View: Escalating tensions
A guide to spoofing spotting The methods involved in manipulating location information are constantly evolving and becoming more difficult to track, but many spoofing events...
Daily Briefing Shipping diverts away from Tripoli as violent Libya clashes escalate | Estonia redirects maritime traffic after Russia detains Greek tanker...
LTL trucker Pitt Ohio opens marine terminal near Norfolk port The 15,000-square-foot, 37-dock door facility is the latest example of how LTL carriers are expanding into drayage, container handling and global supply chains.
US LTL pricing maintains record high as truckload slumps The US price index for LTL trucking, bolstered by new contracts, is as high as it's ever been, but the truckload sector is stuck in a two-year trough.
US supply chain planning must involve a mix of the known and unknown Importers can get a fairly good sense of how to proceed over the next few months based on developments to date, but things will get fuzzy when the separate cooldown periods for tariffs on China and the rest of the world expire this summer, writes Lars Jensen.
USWC recovered import market share last year amid East, Gulf coast labor woes The Port of Los Angeles took the top spot for containerized imports in 2024 and edged out Houston and Savannah as the busiest gateway for exports.
UK-EU trade deal designed to ease Brexit-driven border frictions Strained relationships between London and Brussels have plagued trade negotiations over the past five years around complex issues including tariffs, regulations, fishing rights and the movement of people.
Golden Pass LNG set for late 2025 start-up, QatarEnergy says Minister declares that world needs more LNG as Qatar prepares to fire up its expansion production from mid-2026
Oldendorff newcastlemax sale revives secondhand market activity for big bulkers As trade wars pause, buying interest seems to be picking up as uncertainty weighs on the market
MSC Cruises inks $3.9bn order with Chantier de l'Atlantique for two more cruise ships Swiss cruise line takes tally with Saint-Nazaire shipyard to six vessels
Korea Maritime Transport back in transpacific trade for first time in four decades Container lines old and new are rushing to catch a flurry of China US cargos
CMB.Tech to beat the odds as 'dry bulk force to be reckoned with', says DNB Carnegie Bank has a 'muted' outlook for dry bulk
Pacific Basin Shipping fleet renewal plan rolls on with sale of ageing supramax Bulker owner-operator has been divesting older ships and buying newer, larger unit
Chinese crude imports not being refined is making headwinds for tankers, says analyst Breakwave Advisors doesn't expect to see oil demand growth outpacing production this year
US-Iran deal holds promise for tankers, as ageing NITC fleet remains a sticking point Ten years from the last agreement means Iran's tanker fleet is 10 years older
Odfjell kicks open Nordic bond door with $97m debt sale Chemical tanker owner ends quiet period for note issues in Oslo
Pulling plug on LPG terminal a tough decision, says BW LPG boss Kristian Sorensen CEO questioned on earnings call about aborted participation in project at JNPA
Ongoing Chinese imports of crude not being refined in headwind for tankers, says analyst Breakwave Advisors says is hard to see oil demand growth outpacing production this year
EU unveils largest ever shadow fleet sanctions package Ship managers and Russian insurer VSK also targeted in the 17th package of European Union measures
CMB.Tech VLCC snapped up by Middle East buyer for charter to Sinokor South Korean operator said to be paying $45,000 per day for Hakone over a year
German shipowner Harren Group rolls out AI chatbot on 70 vessels Sealenic's AI solution to be available for office and ship staff
Zim springs transpacific U-turn due to sudden upswing in shipments Carrier is adding capacity on a trade where cargo shipments froze a month ago
Ex-Edda Wind boss Kenneth Walland resurfaces as Eidesvik Offshore chairman Former Sparebank boss Arne Austreid out as experienced offshore man takes over
'World's most powerful' methanol dual-fuel engine poised to be delivered by MAN ES Record-breaker set for installation in OOCL container ship newbuilding
UK blacklists ship finance veteran involved in Russia shadow fleet S&P deals British government also targets Russian captains and 18 ships in new round of sanctions
Shadow fleet VLCC takes on final Russian crude cargo in new transfer hotspot Big Star loads 700,000 barrels from Indian aframax off Pacific coast
Hafnia bunker fuel venture with Cargill open for business, says Mikael Skov Seascale Energy begins trading this week following formation three months ago
Tufton-owned bulker makes big fuel saving using Flettner rotors Cargill-chartered TR Lady's performance varied as it sailed in Pacific, Atlantic and Indian Oceans
StealthGas secures firm price for rare gas carrier sale Harry Vafias-led firm said to be selling one of its ships
US shipyard Hanwha Philly Shipyard set to be upscaled by new South Korean owner LNG carrier newbuildings on menu for Philadelphia facility
Dutch owner Longship builds orderbook by declaring options for four more cargo vessels Fresh orders bring newbuilding programme to 12 ships
Seaspan Corp set to order six new container ships in China Tonnage supplier signs letter of intent with Hudong-Zhonghua Shipbuilding
'Not alive to the risks': Sole watchman likely on his mobile phone before collision, judge finds Court says officer compounded problems by steering the wrong way in moments before casualty
Tufton-owned bulker sees big fuel saving using Flettner rotors Cargill chartered TR Lady saw variety of results as it sailed in Pacific, Atlantic and Indian Oceans
Seaspan Corp poised to order six new container ships in China Major tonnage supplier has penned a letter of intent with Hudong-Zhonghua Shipbuilding for a series of 8,300-teu newbuildings
US Coast Guard probes fire on tanker in Puerto Rico Separate probes launched after blazes in the same region
Vitol to ship 10 LNG cargoes per year from Oman Trader announces long-term export deal
DOF Group snags fresh deals in Brazil after teasing more activity Quartet expected to add $480m to Norwegian owner's top line
Consultancy House of Shipping promotes former Maersk executive to top job Dubai company says Alessandra Ronco will be its first CEO
Trump and Putin speak in bid to make progress towards peace in Ukraine Russian president says call lasted two hours and Trump prepares to talk to Volodymyr Zelenskyy
'Not alive to the risks': Sole watchman likely scrolling music on his mobile phone before collision, judge finds Court finds the officer compounded problems by steering the wrong way in moments before casualty
Mitsubishi Heavy Industries puts new methane-slip cutting tech on trial Twelve-month pilot comes after land-based testing showed 70% reduction in escaped methane from LNG-fuelled engine
Safe Bulkers exhausts share buyback programme amid shrinking first-quarter profit Polys Hajioannou-led company keeps dividend steady in softer charter market
BW LPG lines up $380m of new financing as profit crashes Singapore gas carrier owner close to finalising new funding on 'very competitive terms'
BW LPG scraps Indian gas terminal investment over 'market uncertainties' Singapore VLGC giant focussing on core operations by pulling out of joint-venture project
Greek bulker rescues 30 fisherman cast adrift in South China Sea Moderna Marine Management's Andros Spirit comes to the rescue
Kumiai Navigation returns to Nacks for bulker newbuilding New ultramax is part of shipowner's fleet replacement plan
Microsoft volunteers for fuel premium to move server racks by air Microsoft has joined a sustainable aviation fuel program managed by its logistics provider and a major cargo airline.
Zim profit up on higher container volume, rates Zim Integrated Shipping Services Ltd. said better volumes and freight rates boosted profit in the first quarter.
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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