Mystery buyer orders two CSOVs at Vard Fincantieri reports that its Norwegian subsidiary Vard has signed a contract with an undisclosed international customer for the design and construction of two CSOVs (Commissioning Service Operation Vessels), with an option for
Duffy announces $8.75M in Small Shipyard Grants U.S. Transportation Secretary Sean P. Duffy today announced that the Maritime Administration (MARAD) has awarded $8.75 million in grants to revitalize U.S. shipyards and advance America's maritime dominance. The funding is part
Lloyd's Register becomes first certifying authority for unmanned and autonomous vessels Lloyd's Register has become the first Certifying Authority authorised by the UK Maritime and Coastguard Agency to certify remotely operated and unmanned vessels under Annex 2 of the Workboat Code Edition 3. This milestone authorisation allows LR to certify ROUVs under 24 metres in length, which are required to meet rigorous safety and operational standards to operate in UK waters in accordance wi
Japanese Shipping Industry considers donating new training vessel to JMETS In a joint effort to strengthen maritime education and ensure a stable pipeline of skilled Japanese seafarers, major Japanese ocean-going shipping companies, NYK Line, MOL, and "K" LINE, alongside the Japanese Shipowners' Association, have initiated discussions on donating a large training vessel to the Japan Agency of Maritime Education and Training for Seafarers. This initiative reflects the in
Hong Kong port reopens, but Hai Phong guards against Wipha Hong Kong and southern Chinese container terminals today resumed operations,having suspended container handling over the weekend as Typhoon Wipha made landfall. An advisory from OOCL indicated that its ships began sailing today. This content is locked Select a CN Premium Subscription Package To Unlock The Content! If you liked this post, please consider donating The post appeared first on Contai
Yusen to acquire healthcare logistics business Yusen Logistics Global Management, a subsidiary of the NYK Group, has announced that its European arm, Yusen Logistics, has agreed to acquire the healthcare logistics business of the Walden Group. The acquisition will be executed through the purchase of 100% of the shares of Movianto International following the signing of a Put Option Agreement with Walden Group International Holding. This agreem
Ukrainian Ports: Rebuilding maritime infrastructure with hidden geopolitical currents As Ukraine continues its path toward post-war recovery, an unassuming battlefield is taking shape not on land, but along the country's vital Black Sea coastline. With major reconstruction efforts underway at key ports such as Chornomorsk and Odessa, Ukraine's maritime infrastructure is emerging as a strategic axis not just for grain exports, but for geopolitical realignment. While headlines focus
Cabship expands role in African Energy Angolan logistics firm Cabship has joined the upcoming African Energy Week (AEW): Invest in African Energies 2025 as a Silver Partner, reinforcing its growing role in the region's oil and gas supply chain. The event, taking place from September 29 to October 3 in Cape Town, brings together players across the continent's energy landscape. Celebrating its 16th year in 2025, Cabship has steadily bui
Israel strikes Houthi targets at Hodeidah port On Monday, the Israeli military launched strikes on Houthi-controlled targets in Yemen's strategic Hodeidah port, escalating its campaign against the Iran-backed group, according to Al-Arabiyya. Israeli Defense Minister Israel Katz said the military was forcefully countering any attempt to restore the terror infrastructure previously attacked. He added that the Houthis would pay a heavy price for
Steelpaint wins contract with Winning International Steelpaint GmbH has secured a new contract from Singapore-based Winning International Group to supply its advanced polyurethane-zinc system for the Winning Kindness, a 184,000 dwt capesize bulk carrier. Also, this marks the first formal collaboration between Steelpaint and Winning International, further expanding the German manufacturer's presence among major shipowners in Asia. The coating will
OrbitMI expands AI capabilities, names new Chief Product Officer In a move that strengthens its push into AI-driven maritime solutions, OrbitMI has announced plans to acquire Quebec-based artificial intelligence company AuQub. The deal will bring AuQub's advanced AI agents, designed to streamline workflows and eliminate repetitive tasks, under the OrbitMI umbrella, further enhancing its platform's ability to support smarter, more efficient maritime operations.
Port of Oakland welcomes expansion of Free Water Shuttle service The Port of Oakland is celebrating the expansion of the free Oakland-Alameda Water Shuttle, a pilot program launched by the City of Alameda to provide public water transit between Oakland's Jack London Square and Bohol Circle Immigrant Park at the foot of 5th Street in Alameda. As of July 8, the service has expanded to include Tuesday operations and longer weekend hours-boosting total weekly trip
Major wind energy technology facility to be built in Kundzinsala A major step toward strengthening Latvia's role in the European offshore wind supply chain is underway as the Freeport of Riga Authority launches the development of a large-scale wind technology manufacturing complex in Kundzinsala. The project, titled Development of Wind Technology Production Complex in Kundzinsala, represents a total investment of EUR 85 million, with EUR 54.9 million financed
Port of Oakland sees container volume decline in June Container volume at the Port of Oakland declined in June as carriers and shippers adjusted operations in response to softening demand and ongoing tariff uncertainties. The Port handled 168,460 TEUs, a 10.1% decrease from May and a 12.8% drop compared to June 2024, when 193,158 TEUs were processed. Bryan Brandes, Maritime Director at the Port of Oakland, noted that this is not a typical seasonal d
Hutchison Ports ECT Rotterdam orders Konecranes automated system Hutchison Ports ECT Rotterdam (ECT) has ordered an advanced Automated Horizontal Transport (AHT) System from Konecranes to modernize and electrify container operations at its Euromax terminal. The order includes 42 new lithium-ion Automated Guided Vehicles (AGVs) and fast-charging stations, all integrated into a Battery Management System for optimal energy performance and long-term reliability. T
CMA CGM ZEPHYR transits Suez Canal The container vessel CMA CGM ZEPHYR recently transited the Suez Canal as part of the southern convoy, en route from Singapore to Alexandria Port. The vessel's passage marks the tenth transit by a container ship under new incentives introduced by the Suez Canal Authority (SCA) to encourage traffic recovery through the canal. Sailing under the flag of Malta, the CMA CGM ZEPHYR led the southern conv
Global container rankings: The Mid-Tier carriers climbing quietly The global shipping industry is often dominated by headlines about mega-carriers. But beneath the Top 10 lies a group of fast-moving, strategically agile Mid-Tier carriers that are steadily gaining ground. These operators may not yet rival the capacity of MSC, Maersk, Cosco, and the other giants, but their growth strategies, operational models, and expanding fleets are reshaping the dynamics of c
Hecksher expands trailer fleet As trade volumes between Poland and the Nordics continue to rise, Hecksher has expanded its trailer fleet to improve capacity and flexibility across key Northern European corridors. In partnership with TIP Group, the company has added 15 new XL-certified curtain-side trailers, purpose-built for RoRo (roll-on/roll-off) shipping operations. The trailers are already branded and operational, supporti
The Secret Weapon of Top Students? Citation Machines and Smarter Research When you look at how top-performing students manage their academic tasks, you'll find something interesting. They're not just working harder; they're working smarter. Their secret? It's not a special textbook or a fancy laptop. It's something simple yet very helpful-using smart online tools that make research and writing easier and smoother. One such tool that many students trust today is the cit
Market tensions are rewiring the international order President Xi Jinping believes the world is undergoing "great changes not seen in a century." This could be the major shift economic and political focus from the west to the east, or just a blip. Even if it is a minor correction for trade those changes are adding complexities to modern supply chains creating a clear trend as shippers employ specialist forwarders to move freight. This content is lo
Port Nelson unveils New Zealand's first electric mobile harbour crane Port Nelson celebrated a major step forward in its sustainability and infrastructure strategy today, commissioning New Zealand's first electric dual-drive mobile harbour crane during a special ceremony. In a symbolic highlight, Mayor Nick Smith officially activated the new Liebherr LHM600E crane, initiating its first operational lift. Port Nelson CEO Matt McDonald emphasized the significance of t
Why is China pushing back on the Panama port deal? The deal that would transfer ownership of more than 40 seaports, including two crucial terminals at the Panama Canal, to Western investors is facing unexpected turbulence from Beijing. At the heart of the dispute is China's demand that state-owned shipping giant COSCO be granted a significant stake in the transaction, a move that has turned a commercial port sale into a high-stakes geopolitical f
Tankers International adds Lila Global VLCC to pool VLCC pooling platform Tankers International has brought in a new partner, adding Lila Global and its recently acquired VLCC to its fleet. The addition of the 313,798 dwt Lila Kochi lifts the Tankers International VLCC pool to 29 vessels. Dubai-based Lila Global, which has been expanding its footprint in the product and crude tanker segments, ...
Gibson enters maritime finance with RMK merger UK shipbroking firm E.A. Gibson is expanding into maritime finance through a merger with RMK Maritime, a move that will see the latter rebranded as E.A. Gibson Capital from August this year. The tie-up adds capital advisory capabilities to Gibson's service offering, reflecting a strategic step in adapting to shifting client needs and deepening its ...
MOL, NYK and K Line join forces to build seafarer training ship Japan's three largest shipowners, Mitsui OSK Lines (MOL), NYK Line, and K Line, have launched a joint initiative to donate a new large-scale training vessel to the Japan Agency of Maritime Education and Training for Seafarers (JMETS). The move is aimed at addressing a growing set of challenges facing JMETS, including aging vessels, reduced onboard ...
Van Oord orders pair of rock installation vessels in China Dutch offshore contractor Van Oord has placed an order for two next-generation subsea rock installation (SRI) vessels as it looks to expand capacity and improve environmental performance in support of growing offshore energy infrastructure demand. The vessels will be capable of operating on methanol and biofuel and are designed with efficiency and automation in mind. ...
Equinor fixes trio of PSVs Norwegian energy firm Equinor has chartered three Norwegian-flagged platform supply vessels (PSVs) for short-term work, tapping units from Tidewater and Remøy Shipping. Brokers report that Tidewater's Sun Tide and North Purpose have been fixed for periods of just over one month. The 2014-built 5,630 dwt Sun Tide is understood to be earning close to $10,300 ...
Boxships detained in Malta for three years freed after Russia sanctions link severed Two containerships detained in Malta since 2022 over links to sanctioned Russian entities have finally been cleared for release. The 8,204 teu MSC Bilbao and MSC Valencia, both previously operated by Mediterranean Shipping Company (MSC), had been held in limbo at Valletta for nearly three years due to their ownership ties to GTLK, Russia's state ...
Tsuneishi streamlines with domestic shipyard merger Japan's Tsuneishi Shipbuilding is consolidating two of its domestic subsidiaries in a bid to sharpen its competitive edge in the small and medium-sized vessel sector. Effective September 12025, Tsuneishi Miho Shipyard and Niigata Shipbuilding & Repair will be merged into a single entity that retains the Tsuneishi Miho Shipyard name. The restructured yard will be ...
EU and UK sanction UAE-based operator of the Gabon and Comoros flags The European Union and the United Kingdom have sanctioned Intershipping Services, a UAE-based company that operates the flag registries of Gabon and Comoros, both of which have played a central role in supporting the opaque tanker network transporting sanctioned Russian crude. The move - part of sanctions packages announced on Friday - marks one of ...
India bans use of fraudulent foreign certificates of competency in seafarer crackdown India's maritime watchdog has banned its shipowners and licensed recruiters from employing Indian nationals holding certificates of competency (CoCs) from several flag-of-convenience nations, following widespread fraud allegations. The Directorate General of Shipping (DGS) has barred Indian recruitment and placement service licensees (RPSLs) from deploying Indian seafarers who possess CoCs or cer
MSC's boxship binge rolls on with 10 more giants ordered across China Mediterranean Shipping Company (MSC) has once again underlined its seemingly insatiable appetite for new tonnage, declaring and placing orders for a further 10 ultra-large container vessels, its orderbook now larger than the extant fleet of Ocean Network Express (ONE), the world's sixth largest liner. MSC has confirmed options for two 22,000 teu LNG dual-fuel vessels ...
Has tanker upside from US crude exports reached its peak? When the US entered the global crude tanker export market in 2016, it was a game changer. But the positives...
What next for the EU green regulations? The ETS consultation and the IMO breakthrough at MEPC83 started the first salvo of industry demands for Europe to scrap...
Houthi oil trade moves further into the shadows The US and the Houthis may have reached a truce in May, but Washington's economic pressure is pushing more of...
EU pursuit of shadow fleet facilitators could result in flag hopping surge The latest EU sanctions package indicates a shift in policy towards targeting networks of companies and individuals behind shadow fleet...
OceanPal raises $18m from market offering Upsized fundraiser sells close to 11m units at $1.64 per unit
EU sanctions: how will the latest package of measures against Russia affect shipping? A lowered price cap further fragments the Western approach to Russian sanctions, but the implications extend beyond a steeper discount...
Boxship charter rates trend sideways during summer lull Recent fixtures included an 1,800 teu vessel secured by X-Press Feeders for $23,270 per day and a 1,027 teu ship...
The week in charts: Red Sea traffic unchanged by Houthi attacks | Iran's oil loadings reach sanctions-era high | Cosco advances its first methanol dual-fuel conversion Transits through the Bab el Mandeb have increased week on week but remain within normal range; Crude and condensate loadings...
The week in newbuildings: boxship sector dominates ordering activity Newbuilding contracts for two bulkers, a pair of ammonia carriers, a duo of crude oil tankers, a couple of offshore...
The Daily View: Going it alone
HD Hyundai Heavy first among South Korean builders to secure tentative wage deal Most other shipbuilders have not yet submitted their proposals, and their unions are planning a joint strike in late August
Japan shipping giants to donate training ship amid mariner supply crunch The new vessel, targeted for delivery around 2030, is intended to help sustain Japan's maritime workforce and support JMETS's reforms
USTR's 'double-hit' port fee proposal could force cuts to Grimaldi's US calls Double counting for US port calls on the same voyage would lead to an "unsustainable" cost impact on the company, the CEO of its US affiliate tells the Journal of Commerce.
FedEx Freight delays enforcement of LTL re-classification The largest US less-than-truckload provider says it won't enforce new density-based classifications until Dec. 1, giving shippers more time to adapt to changes.
Parking platform uses business growth to target truckload fleet inefficiency Any investment by the largest trucking scale network in North America gives Truck Parking Club capital to expand its list of partner parking facilities.
UK 'hammers' Russia with sanctions on 135 tankers as EU pulls measures on MOL ships Company that manages Gabon shipping flag and Lukoil's Middle East sales unit also named
OceanPal raises $18m in Maxim deal, but as stock plummets, at what cost? New equity issue sees stock plummet more than 60% in another dilutive follow-on offering
Putin orders security service to clear ships after campaign of tanker bombings Campaign of suspected mine attacks have hit seven vessels
How is Diana Shipping's Genco investment like Scorpio Tankers and DHT? Deutsche Bank weighs in with its views of the latest owner-on-owner stake in dry bulk
Teekay Tankers snaps up suezmax initially thought headed to Greece Canadian owner bolsters fleet after string of sales
Four sanctioned tankers falsely flying the flag of tiny island nation. Now it is demanding action Timor-Leste is the latest nation to reveal that fraudsters are using its name to register shadow fleet vessels
Djibouti Shipping Co grows container fleet with two feeder acquisitions Company acquires 1,200-teu vessel and has a deal for a 2,000-teu ship in the pipeline
Mining giant Vale inks five-year contracts of affreightment with South Korean owner Five-year charter contracts will involve four newcastlemax ore carriers
Russian oil trade shaped by market over sanctions, says Signal 'Price-sensitive buyers' likely scaling back 'opportunistic purchases', according to chartering analyst
Mercuria and its founders team with Purus shareholder S2G on energy investments Swiss trader and owner to work with Chicago venture capital player on decarbonisation projects
VLCC owners still holding out for a rebound as rates come under pressure Activity needs to pick up this week for momentum to be maintained, brokers say
Lila Global confirms VLCC pooling deal as part of 'strategic return' to tankers Partners say additional ship will benefit all pool members
Iranian businessman and 'central' dark fleet player hit by EU sanctions over Russian oi Latest round of designations targets UAE-based traders allegedly involved in moving Russian oil
Ships warned of fresh Red Sea risk as Israel bombs key Houthi port Terminal at Hodeidah targeted by airstrikes on Monday
Strikes halt newbuilding activity in South Korea as workers launch wage protest Unionised staff walk out at Hyundai Heavy, Samsung Heavy, Hanwha Ocean and others
Gibson Shipbrokers dives into maritime finance with buyout of RMK Maritime Richard Moore to head the new entity as brokerage makes its first major development move since restructuring
Drug gang that raided boxship in attempt to steal cocaine from rivals foiled by police Unusual operation took place off Cadiz, with 1,300 kg of drugs recovered
MSC and CMA CGM ramp up Suez Canal transits as liner giants jump on discount scheme Overall number of container ship crossings through key waterway, however, remains stuck at low levels
Deadly ferry and cruise disasters kill at least 40 in South East Asia over weekend Two deadly casualties involving passenger vessels occurred in Indonesia and Vietnam
LNG carrier owners will cash in as short-term headwinds ease, Clarksons research chief says Research chief Stephen Gordon forecasting 60% rise in volumes by 2030
US reaction to price cap crucial as EU tanker sanctions prove ineffective, broker says Poten & Partners says new European measures could make a difference if properly enforced
Greece's Clemko confirms rare deal as bulker originally ordered by late founder 'returns home' Athens outfit expands for the first time in 15 years with a ship it inked and designed in South Korea
Hengli Shipbuilding pockets another $36m in government subsidies Shipbuilder has received CNY 380m in infrastructure and asset-related government subsidies so far this year
Japan's 'Big Three' shipowners team up to build large seafarer training ship MOL, NYK and K Line will donate vessel to Japan Agency of Maritime Education and Training for Seafarers
US cargo airlines welcome DOT aviation sanctions on Mexico The Cargo Airline Association is applauding the U.S. Department of Transportation effort to pressure the Mexican government to reverse restrictions on U.S. carriers, which it says are anti-competitive.
Survey: Small businesses would flee Canada Post if mail carriers strike Businesses will stop using Canada Post if workers decide to go on strike again, worsening the existing mail drain, according to the Canadian Federation of Independent Business.
"It all unraveled quickly": Family-owned business laments tariff and trade chaos Small- and medium-sized businesses are feeling the tremors of unpredictable U.S. trade policy and dozens of recent tariff changes.
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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