New U.S.-U.K. Tech Prosperity Deal includes nuclear propulsion for merchant ships Maritime nuclear technologies, including floating nuclear power plants and nuclear-powered merchant ships, are included in a new Technical Prosperity Deal announced yesterday by President Trump and U.K. Prime Minister Keir Starmer. Theù
Panama Canal launches concession process for natural gas ipeline project The Panama Canal Authority (ACP) has opened the concessionaire selection process for a new natural gas pipeline, hosting an initial market engagement event in Panama City with more than 45 representatives from global energy companies. The project, part of a planned interoceanic energy corridor, will be the first major development under the canal's new infrastructure platform. Designed to transpor
Mega cruise ship AROYA transits the Suez Canal The Suez Canal has witnessed the passage of the mega cruise ship AROYA , carrying 2,300 tourists and 1,500 crew members, as part of its voyage from Istanbul, Türkiye, to Jeddah, Saudi Arabia. The vessel is also scheduled to call at Sharm El-Sheikh among its ports of call. Sailing under the Marshall Islands flag, AROYA measures 335 meters in length, 38 meters in beam, and has a capacity of 3,362 p
Port of Melbourne records container growth in August The Port of Melbourne demonstrated growth in August 2025, processing 285,000 TEU in total container trade, representing an 8.7% increase compared to August 2024. This growth translates to an additional 22,700 TEU year-on-year, reinforcing Melbourne's position as a critical gateway for Australia's international trade. Full imports excluding Bass Strait traffic emerged as the primary growth driver,
ITG, ZES and Nedcargo launch emission-free inland shipping Inland Terminals Group (ITG), Zero Emission Services (ZES) and Nedcargo have started fully emission-free container transport between Den Bosch and Rotterdam. The inland vessel MS Den Bosch Max Groen now sails with swappable battery containers, producing no CO2, nitrogen or particulate matter. ZES provides the large battery containers, known as Zespacks, which can be quickly exchanged at charging
How ICTSI is trying to turn global trade wars into profit ICTSI's aggressive expansion into emerging markets reveals a sophisticated bet on the permanent fracturing of global trade patterns. While most companies view the ongoing US-China trade tensions as a challenge to navigate, ICTSI sees something entirely different: the greatest business opportunity in decades. The Manila-based port operator is aggressively expanding across emerging markets, positio
YTO Cargo Airlines joins WebCargo Freightos (NASDAQ: CRGO) has partnered with YTO Cargo Airlines (600233.SH), one of China's top five cargo carriers, to bring YTO's full capacity exclusively to the WebCargo by Freightos platform. This makes YTO the first all-cargo Chinese airline available on the platform, joining more than 75 airlines already live. The collaboration gives freight forwarders real-time rates, instant booking, inte
omoqo launches TOM at Port of Lübeck omoqo has rolled out its first commercial Terminal Operating System (TOS) at Cargo-Terminal Lehmann (CTL) in the Port of Lübeck. The Hamburg-based startup, backed by HHLA, developed the cloud-based, modular platform, called Terminal Operating Modules (TOM), specifically for small and mid-sized terminals seeking to digitize workflows without a full system overhaul. CTL has implemented TOM to digit
Largest CMA CGM container ship ever visits Tema CMA CGM made history in West Africa as the largest CMA CGM container ship ever to visit Ghana, the 398-meter, 17,000 TEU APL CHANGI, called at the port of Tema. This milestone highlights the growing scale of shipping operations in the region. The historic call on the MEX service enabled the discharge of 2,000-3,000 TEU of import cargo, demonstrating CMA CGM's strong commitment to supporting trade
Damen and AAAPropulsion team up on efficient electric tugs Damen Shipyards Group has joined forces with AAAPropulsion to enhance the performance of its electric tugs. The partnership will see AAAPropulsion's innovative A-Pod system integrated into Damen's vessels, delivering improved efficiency and stability. AAAPropulsion, based in Boven-Leeuwen in the Netherlands, specializes in electric maritime propulsion. Its A-Pod is a 360° azimuthing thruster with
Berth CCS company plans to expand STAX, the at-berth emission capture and control company, is looking to expand its business further in both the US and Europe. STAX, which was officially launched last year, co-founded by Bob Sharp (CTO), Mike Walker (CEO) and Edward Norton (Chief Strategy Officer) to fill what Walker said was the gap in the market where shore power is unavailable but pollutant restrictions limit emissions. The sy
Analysis: Behind DP World and AD Ports Group investment strategy Two of the world's largest port operators are placing dramatically different bets on the future of global commerce, with investment patterns in 2025 revealing a fascinating strategic divide that could reshape international trade for decades to come. This analysis reveals two distinct yet occasionally convergent strategic approaches by leading global port operators. AD Ports Group demonstrates a t
Wärtsilä to support CLSICO LNG carriers with 15-Year agreement Wärtsilä has signed a 15-year Lifecycle Agreement with China LNG Shipping (International) Co. Ltd. (CLSICO) covering three LNG carriers. The deal, effective August 2025, aims to boost operational reliability, optimise maintenance schedules, and extend the 'time between overhauls' for the vessels. With LNG demand rising, carriers face growing pressure to meet tight schedules. Operational reliabili
Cartagena Terminal orders 25 new Konecranes RTGs A leading container terminal in the Port of Cartagena, Colombia, has ordered 25 new Konecranes Rubber-Tired Gantry Cranes (RTGs) and retrofits for 10 existing RTGs to enable supervised operations. The order, signed in Q3 2025, will see deliveries in five batches, starting Q4 2026 and completing in Q1 2028. This latest order builds on an ongoing modernization program. Konecranes is also retrofitti
MITSUI E&S, PACECO to supply two portainers to Long Beach MITSUI E&S and its U.S. subsidiary, PACECO Corp., have received an order from Total Terminals International (TTI) for two new MITSUI-PACECO Portainer® ship-to-shore gantry cranes for the Port of Long Beach, California. The cranes will feature a 230-foot outreach, capable of handling the world's largest 24,000-TEU container ships across 25 containers wide. They will be among the largest STS cranes
Carriers expand containership orders Yang Ming is expanding its fleet with a major order from Hanwha Ocean: seven ammonia-ready, LNG/dual-fuel container ships of 15,900 TEU. This series adds ammonia readiness and 900 TEU more capacity than earlier plans. Deliveries are scheduled for 2028 and 2029. Yang Ming already has five 15,500 TEU ships on order, expected to start arriving in 2026. Hengli Heavy Industries will build four 6,000 T
AD Ports Group contracts two container vessels AD Ports Group announced awarding a contract to Baku Shipyard in Azerbaijan for constructing two 780 TEU container vessels designated for trade routes across the Caspian Sea. The contract was executed with the public legal entity Azerbaijan Transport and Communication Holding, representing Baku Shipyard. These shallow-draft vessels, specifically engineered for Caspian Sea operations, will serve a
Sea-Intelligence: Are shipping lines removing Chinese vessels? In issue 732, Sea-Intelligence Sunday Spotlight , analyses vessel deployment data on the Transpacific and Transatlantic trades, to see if shipping lines are reducing their use of Chinese-built vessels, ahead of new US Trade Representative (USTR) fees set to take effect on October 14 th , 2025. The new regulations mean that Chinese-built vessels calling US ports will have to pay a fee. An exceptio
How energy politics are reshaping shipping operations New data from maritime consultancy Drewry reveals a stark divergence in renewable energy investment patterns that's sending shockwaves through the specialized shipping sector. While global renewable investment hit a record US$386 billion in the first half of 2025 up 10% year-over-year the distribution tells a more complex story of political priorities and strategic competition. The United States,
Salvage operations progress in Port of Long Beach incident Salvage operations are advancing at the Port of Long Beach following the Sept. 9 container vessel Mississippi incident at Pier G. The Container Recovery Group, working with salvage crews and the International Longshore and Warehouse Union (ILWU), has retrieved 54 containers from the pier and surrounding waters, up from 32 on Sept. 14. Efforts continue both shoreside and waterside to recover the r
Port of Leith development receives planning approval Forth Ports received Detailed Planning Consent and Listed Building Consent from The City of Edinburgh Council for their development on Port of Leith land designated as 'The Dry Dock at Harbour 31'. The Dry Dock development will revitalize land previously utilized for industrial port activities, transforming the site into a dynamic, mixed-use development accommodating diverse businesses and sector
UK Ports commit investment to new infrastructure The British Ports Association has published its UK Ports investment showcase 2020-2025, documenting over US$6.1 billion in verified port infrastructure and equipment investment across the country during the past five years. BPA research determined that ports have invested at least US$6.1 billion in infrastructure and assets between 2020 - 2025 and at least US$8.1 billion in broader port estates i
Port of Brisbane advances sustainable growth for Queensland Port of Brisbane has published its 2024/25 Sustainability Report, emphasizing the Port's essential role in facilitating trade, supporting employment, and driving Queensland's economy while progressing its sustainability initiatives. CEO Neil Stephens stated the report demonstrates PBPL's commitment to ensuring ongoing Port growth and development remains both responsible and resilient saying that
Port of Tyne and Artemis Technologies demonstrate electric foiling technology The Port of Tyne and Artemis Technologies have demonstrated electric foiling technologies on the River Thames in advance of delivering the UK's first electric pilot boat to the Tyne in 2026. Powered by Artemis eFoiler technology, the vessel will provide zero-emission operations, enhanced safety, efficiency, and improved crew comfort, representing a significant advancement in maritime decarbonizat
Pulsar and Inmarsat to roll out NexusWave on 300+ vessels Pulsar International has committed to deploying Inmarsat Maritime's NexusWave service across more than 300 vessels over the next 12 months. The large-scale rollout marks a major step in delivering secure, high-speed connectivity at sea. NexusWave combines GEO Ka-band, LEO, LTE, and L-band networks to provide reliable, global coverage. It supports vessel digitalisation, decarbonisation goals, and
HD Hyundai eyes US yard in bid to cash in on Trump's shipbuilding revival South Korea's HD Hyundai Heavy Industries has confirmed it is in talks with multiple firms to buy a US shipyard, a move aimed at tapping into Washington's resurgent naval build-up under president Donald Trump. A senior HD Hyundai executive told Reuters in Ulsan that the Korean conglomerate has set a target of $2.2bn in annual ...
Splash Wrap: Net zero dogfight erupts in London The hundreds of events across the British capital that made up London International Shipping Week have served as a sounding board over the past few days for backers and opponents of the International Maritime Organization's Net Zero Framework, due for a vote next month. The debate dominated headlines and dialogue in London, with adoption of ...
CNOOC averts strike as UK North Sea workers back new pay package UK's largest offshore trade union, Unite, has revealed that its members working on CNOOC platforms in the North Sea have agreed to a pay increase after threatening strike action. Around 130 workers have overwhelmingly backed a pay deal with offshore operator CNOOC. The basic pay increase is worth 5.5%, with further improvements to allowances worth ...
Allseas secures TAQA contract for UK North Sea platform removal Swiss-based marine construction specialist Allseas has won a contract from TAQA's UK arm for the removal of the Brae Alpha platform in the UK Central North Sea. The engineering, preparation, removal, and disposal contract will be carried out by Allseas' heavylift vessel Pioneering Spirit, supported by the construction vessel Oceanic. At least 95% of recovered ...
DEME orders methanol-ready OCV from PaxOcean Belgian marine services and dredging group DEME has ordered a new methanol-ready offshore construction vessel (OCV). The vessel will be capable of executing trenching, burial, and cable-laying operations, complementing the company's existing cable installation vessels, Living Stone and Viking Neptun. The OCV will be constructed by PaxOcean at the Zhoushan shipyard in China and is ...
Tsao-backed vehicle co-launches $75m Asia Ocean Fund Two high-profile names from opposite sides of the world - Asian shipping tycoon Chavalit Frederick Tsao and Norwegian impact investor Tharald Nustad - have teamed up to create a new ocean impact vehicle aimed squarely at Asia. The pair yesterday unveiled the Asia Ocean Fund, a $75m investment initiative co-managed by Tsao's Octave Capital and ...
P&I claims hit a ten-year peak Lockton, the world's largest independent insurance broker, has released a report highlighting mounting financial pressures on the International Group of P&I Clubs despite modest premium increases. The report also highlights the crisis of suicides at sea. The 2024/25 policy year saw the clubs report a collective underwriting loss of $312m, reversing two years of surpluses ...
Diana Shipping scores firm price for latest ultramax sale Greece's Diana Shipping has revealed it has sold an ultramax it partially owns for what brokers describe as a very firm price. The nine-year-old DSI Drammen ultramax has fetched a price of $26.86m, the New York-listed company said in a statement. The buyer has not been revealed. Diana Shipping holds a 25% interest in the ...
CMB.TECH celebrates launch of Africa's first integrated green hydrogen plant Belgian shipping giant CMB.TECH, one of the industry's biggest backers of hydrogen as a future fuel, has celebrated the opening of Africa's first integrated green hydrogen plant. Cleanergy Solutions Namibia, which CMB.TECH has developed with Ohlthaver & List, Namibia's largest conglomerate, was opened yesterday by Dr Elijah Ngurare, the country's prime minister. The new site ...
Shipping's big climate moment is here, but will it live up to its promise? Emma Fenton, senior director of global diplomacy at Opportunity Green, explains the significance of the IMO Net-Zero Framework. If you had to pick just one sentiment to describe the London International Shipping Week, it's the anticipation of something great - and long-overdue - finally happening. The week started with a powerful endorsement from over 180 ...
EU adds Russian LNG and another 118 tankers to its growing sanctions list The EU list of sanctioned tankers is set to grow to over 560 ships with the next package, expected to...
Why a modern tech-enabled maritime hub requires a back-to-basics approach This week the shipping industry has been wondering how they make London great again. The answers may not be that...
Net-Zero Framework critics don't have the numbers Big shipowners have made their opposition to the Net-Zero Framework explicit. But big shipowners are no longer at the helm
Will a US-UK political pact see nuclear maritime assets on the water by 2030? Nuclear maritime ambitions just got a shot in the arm from a US-UK political pact. While barriers remain, a rapid...
The LISW Daily: How much inefficiency is too much inefficiency? The Lloyd's List team bring you highlights from every day at London International Shipping Week in bonus podcast episodes, published...
Premuda takes two loans from ING Watson Farley & Williams acts for lenders
Israeli air strikes tear through Hodeidah docks, partially submerge vessel A general cargoship is at least partially submerged after Israeli air strikes targeted the Houthi-held port of Hodeidah on Tuesday...
Carriers face capacity management test as transpacific rates plunge Container shipping's half-decade winning streak driven by external events - the pandemic, the Red Sea crisis and tariff frontloading -...
Major shipowners condemn Net-Zero Framework in unprecedented statement 'Fundamental' problems with proposals cannot be resolved after adoption, group warns
Insurance can help owners deal with bunker volatility Bespoke policies smooth out twists and turns in market for fuel that keeps ships sailing
APMT extends Yucatan terminal concession Maersk's terminal operating arm said it will invest around $160m over the 19 years of its new concession period
Newcomers fuel fresh wave of feeder orders at Chinese yards China's feeder order boom accelerates as newcomers boost demand
The Daily View: The age of anxiety
Daily Briefing China's Cosco and Cansi back IMO net zero plan ahead of pivotal vote | Chinese shipping giant Cosco refuses to...
Truckload carriers capturing more LTL shipments: FedEx Freight Excess capacity and lower rates are drawing some LTL freight into the truckload sector, helping to depress overall LTL volumes, FedEx quarterly results indicate.
Highway buys freight marketplace to accelerate load board rollout A frenzy of acquisition activity in the truckload market continued this week with software provider Highway buying Newtrul, a marketplace founded to compete with DAT and Truckstop.com.
Rate variations by trade reward 'nimble' ocean carriers Carriers that can take the most advantage of opportunities in a tight charter market are those whose fleets of small to mid-sized ships are already big or rapidly growing, and thus have the buffer to pounce on opportunities, writes Jeremy Masters.
Tariff-linked trade downturn keeps India-US ocean rates sliding Forwarders said capacity utilization for USEC sailings out of West India has fallen to between 60% to 70% from the 80% to 90% level normally seen for the premier networks.
Fire-hit ships stuck at sea for months as ports refuse entry Costs mount with negotiations lasting for months to offload damaged cargoes
Maria Angelicoussis' coalition against IMO greenhouse gas proposals grows to 1,200-ship common front Full statement expresses concerns about ambitous timeline and a lack of incentives for biofuels and LNG
Big drops bring container spot rates back to levels seen before Red Sea diversions Collapse in transpacific rates bodes ill as slow season approaches
Wavelength: Timeout! ABS and others call for IMO to pause decarbonisation talks at 11th hour Plus, GMF report shows net-zero fuels not on track, and the impact of Trump not liking quarterly reports
UK sanctions tanker pair over Russia-Georgia oil trade Measure aims to deter transactions that fund Putin's war in Ukraine
AI isn't coming for your jobs, ship managers tell seafarers Five top ship managers say technology matters, but people matter more
EU to blacklist more than 100 Russia-trading ships in fresh sanctions blast European Commission also confirmed a plan to expedite complete ban of Russian LNG imports
Can shipping satisfy investors under Trump's earnings shake-up? Ending quarterly earnings will save time spent preparing reports
EU curbs on Russian LNG imports could be fast-tracked as Trump leans in Plan to speed up LNG import cut-off could form part of fresh EU sanctions package
Tankers International parties like it's 2025! 'Gotta love the VLCC tanker market,' Lois Zabrocky says
'Unbelievable mark-up': Orix unit scores capesize sale premium in healthy freight market Middle Eastern buyers are tied to deal for Japanese-built vessel
John Fredriksen tops Norwegian rich list as net worth grows to $27bn Torstein Hagen is the second wealthiest with $15bn
How Trump, Russia and China are helping shape earnings picture for bulker owners Unpredictable markets have led to a pleasantly surprising 2025 for handysizes and supramaxes so far
Client Hoegh Autoliners questions LNG fuel stance at DNV, where Leif Hoegh is vice chairman Car carrier owner is working with class society to develop greener fuel solutions for its fleet
Shipping stars shine as TradeWinds celebrates 35th birthday at London International Shipping Week Event at maritime-themed venue attracts famous industry faces
'Hectic' season: More shipping bonds to be issued as US investors take bigger bite of Oslo market Arctic sees record shipping issuance volume in 2025
FedEx redeploys air fleet after US ends parcel tariff exemption The U.S. cancellation of duty-free treatment for de minimis packages cut FedEx income by $150 million and forced the airline unit to reduce flights.
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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