First of its kind U.S. LCO2 barge gets ABS AiP ABS has awarded approval in principle (AiP) to Overseas Shipholding Group, Inc. (OSG), the parent company of Aptamus Carbon Solutions, for its preliminary design of a liquefied carbon dioxide (LCO2) barge. The
Trump nominates Admiral Kevin E. Lunday to be 28th USCG commandant President Trump is nominating Adm. Kevin E. Lunday to serve as the 28th commandant of the Coast Guard. Until confirmed by the Senate, Lunday will continue serving as acting commandant, a position
Sea-Intelligence reports that US-China tariff pause triggers urgent capacity reassessment Danish shipping data analysis firm Sea Intelligence discovered that carriers face an urgent need to reverse course and ramp up capacity to accommodate an anticipated surge in cargo volumes, due to the pause of tariffs. The US continues to impose a baseline tariff of 30% (down from a previous 145%), in addition to specific levies such as a 25% tariff on steel and aluminum. On the Chinese side, tar
CMA CGM applies peak seson surcharge from Indian Subcontinent to US West Coast CMA CGM announced the Peak Season Surcharge from Indian Subcontinent to the US West Coast, excluding Honolulu. The surcharge will be effective from 15 June and has been set at US$ 3,600 per 20', US$ 4,000 per 40' and US$ 5,065 per 45', for all types of cargo. How to Get 50% Off CN PREMIUM If you liked this post, please consider donating The post appeared first on Container News .
MSC and ZIM U-turn on US West Coast service withdrawals as rates rocket MSC and ZIM have backtracked on their withdrawn transpacific services, as freight rates have rebounded with the suspension of the US-China tariff war
Port of Rotterdam and EDGE Navigation partner to advance liquid hydrogen infrastructure At the World Hydrogen Summit in Rotterdam, the Port of Rotterdam Authority and EDGE Navigation signed a Letter of Intent to collaborate on the development of a future-ready liquid hydrogen infrastructure to support the decarbonisation of the maritime industry. EDGE Navigation is actively developing a fleet of commercial cargo vessels powered by liquid hydrogen, along with a dedicated LH2 tanker d
MAN Energy Solutions to deliver world's most powerful methanol-fueled two-stroke engine in 2025 MAN Energy Solutions has announced the upcoming delivery of the world's most powerful two-stroke methanol engine, scheduled for June 2025. The engine, an MAN B&W 12G95ME-C10.5-LGIM model, is rated at 82,440 kW at 80 rpm and is currently under construction by Chinese licensee CSSC-MES Diesel Co., Ltd. This groundbreaking engine is the first of 12 units destined for a series of 24,000 TEU container
We Asked AI: What If Cargo Ships Went Interstellar? We asked AI: What would shipping look like in the age of interstellar trade? In the age of interstellar trade, shipping containers no longer cross oceans - they cross galaxies. These colossal freighters carry civilization's lifeblood from orbit to orbit, connecting distant worlds through commerce, survival, and ambition. Among the stars, logistics has become the new frontier
ClassNK releases Version 3.0 of "Alternative Fuels Insight" report ClassNK has published Version 3.0 of its Alternative Fuels Insight report, offering updated analysis and cost simulations aligned with the International Maritime Organization's mid-term greenhouse gas reduction measures adopted during the 83rd session of the Marine Environment Protection Committee in April 2025. The report provides a comprehensive overview of the characteristics and latest trends
Lebanon's shipping sector at a crossroads as reform plans meet harsh realities Lebanon's shipping sector stands at a strategic crossroads amid accelerating geopolitical transformations and fragile internal dynamics. With two main ports, Beirut and Tripoli, playing critical roles in the national economy, Lebanon has both structural challenges and latent opportunities. While long-term reform and reconstruction plans are in motion, the immediate outlook remains constrained by
Key Insights on Shipping From China to USA Shipping from China to USA has become an essential part of global trade, connecting manufacturers in China with consumers and businesses across the United States. Whether you're a small business owner sourcing products or a large company managing bulk imports, understanding the logistics behind shipping is key to ensuring timely delivery and cost efficiency. If you are looking for reliable soluti
LX Pantos launches "Ocean Forest" initiative to support marine ecosystem restoration LX Pantos has initiated a major marine conservation effort by launching the Ocean Forest Project, an underwater reforestation program aimed at restoring marine ecosystems as part of the company's broader climate action strategy. On May 16, LX Pantos signed a five-party Memorandum of Understanding with Chungcheongnam-do Province, Taean County, ChildFund Korea, and the Korea Fisheries Resources Age
Hellmann Worldwide Logistics appoints Robert Bartels as vice president airfreight West Europe Hellmann Worldwide Logistics has appointed Robert Bartels as Vice President Airfreight West Europe. Prior to joining Hellmann, the 35-year-old served as Airfreight Branch Director at DB Schenker in Amsterdam-a location he will continue to work from, given its strategic importance in European airfreight logistics. In his new position, Bartels will be responsible for driving both operational excell
Everglades Company Terminal signs 10-Year lease, reinforcing port Everglades' role as South Florida's premier trade gateway Everglades Company Terminal has entered into a new 10-year Marine Terminal Lease and Operating Agreement with Broward County, reaffirming Port Everglades' status as a key economic engine for both the region and the state of Florida. The Broward County Board of County Commissioners recently approved the agreement, which grants ECT continued use of a 39.18-acre terminal in the port's Southport carg
Jacksonville port welcomes first Gemini Cooperation vessel with arrival of Maersk's Seaspan Montevideo The Jacksonville Port Authority has marked a significant milestone with the arrival of the Seaspan Montevideo, one of the first vessels to call at the port under the new Gemini Cooperation. This North America Shuttle service, formed through a strategic alliance between ocean carriers Maersk and Hapag-Lloyd, provides direct connectivity between Jacksonville, Florida, and Cartagena, Colombia, a key
Sudan accuses UAE of airstrike on Port Sudan Sudan has publicly accused the United Arab Emirates of carrying out a military strike on Port Sudan earlier this month, marking the first time the Sudanese government has directly blamed the Gulf nation for intervening in the ongoing conflict between the Sudanese Armed Forces and the paramilitary Rapid Support Forces (RSF). In a statement, the UAE firmly denied the allegations and condemned the a
Volvo Trucks and DFDS shift container transport from day to night Volvo Trucks and DFDS have launched a joint initiative to transition container shipments between Ghent and the Port of Antwerp to nighttime operations. This innovative approach to night logistics marks a significant step toward improving transport efficiency and reinforcing both companies' commitment to sustainability. Since October 2024, DFDS and Volvo Trucks have been working together to enhanc
Regional shipping sways as India-Pakistan conflict disrupts Container Trade The recent escalation in tensions between India and Pakistan has begun to ripple across regional shipping routes, triggering diversions, cost surges, and emerging logistical uncertainties that threaten to reshape South Asian maritime commerce. The first tangible fallout has been felt in the form of rerouted vessels and rising freight rates. According to Punit Oza, President of the Institute of Ch
Evonik appoints Kuehne+Nagel as lead logistics provider for Asia-Pacific operations Kuehne+Nagel has signed a Lead Logistics Provider agreement with Evonik, a global leader in specialty chemicals headquartered in Germany. The partnership aims to strengthen Evonik's transport management strategy and enhance operational efficiency across the Asia-Pacific region. Under the agreement, Kuehne+Nagel will oversee air, sea, and road transport across key markets including Mainland China,
Ningbo Ocean Shipping picks yard for 2,700 teu series Ningbo Ocean Shipping Co (NBOSCO) has selected a shipyard for its latest series of containership newbuildings. Huangpu Wenchong Shipbuilding has won a tender to build four 2,700 teu vessels for the Shanghai-listed subsidiary of Ningbo-Zhoushan Port Group, which earlier this year lined up $192m for fleet expansion. The CSSC-affiliated yard in Guangzhou also recently picked ...
Sedna expands with CompassAir buy UK-based technology firm Sedna has continued its expansion with the acquisition of Athens-based maritime workflow solutions provider, CompassAir. CompassAir, with a foothold in the Greek and Norwegian shipping sector, delivers expertise across the research, negotiation, and handover stages of the maritime trade lifecycle. The acquisition for an undisclosed sum will see its S&P and chartering ...
Norden helps lower Microsoft's maritime supply chain emissions Danish shipping giant Norden is working on a pilot project with global technology company Microsoft to help reduce its maritime supply chain emissions The company said that the pilot project involves the use of Norden's biofuel voyage and Book and Claim solution. Norden's book and claim solution enables companies reliant on maritime transportation to take ...
Cadeler buys Chinese-built wind turbine installation vessel Copenhagen-headquartered offshore wind installation player Cadeler has bought a newly constructed jackup wind turbine installation vessel (WTIV) from Shanghai Boqiang Heavy Industry. The company acquired the 2024-built Boqiang 3060 vessel, set to be renamed Wind Keeper. The vessel is fitted with a Huisman main crane with a 2,200 t lifting capacity, Kongsberg's DP2 dynamic positioning ...
Shanghai Jinghan signs for chemical tanker newbuilds Shanghai Jinghan Shipping is expanding its fleet with up to two chemical tanker newbuildings at a domestic yard. The company, which says it operates and manages eight chemical tankers, has contracted Yangfan Group's Zhoushan Dashenzhou Shipbuilding for one firm 7300 dwt duplex stainless steel unit and secured an option for an additional newbuild. Delivery details ...
MSC cleared for Wilson Sons takeover Swiss-based liner giant Mediterranean Shipping Co (MSC) has secured regulatory approval for the takeover of Brazilian port and maritime logistics operator Wilson Sons. London-listed Ocean Wilsons Holdings said in a filing that the sale of its 56% interest in Wilson Sons to MSC subsidiary Shipping Agencies Services has been accepted by the Brazilian National Waterway ...
HMM swoops on another Oldendorff newcastlemax South Korean flagship line HMM has been linked to a new secondhand purchase in the larger bulk carrier segment. Brokers report the Seoul-based company has snapped up the 2015-built newcastlemax Luise Oldendorff from German owner Oldendorff Carriers in a deal valued at about $51m. Oldendorff ordered the Hyundai Heavy-built scrubber-fitted 207,600 dwt unit in November ...
What agentic AI at sea promises Manish Singh from Aboutships writes about the future of maritime autonomy and delegation. As businesses and societies are getting hands on with early applications of agentic artificial intelligence, I am increasingly being asked about what it means for the maritime world. Unlike traditional automation onboard ships or general industries, agentic AI will become increasingly context-aware, ...
DeepOcean expands into APAC and Middle East with Shelf Subsea buy Norwegian ocean services contractor DeepOcean has acquired Australia's subsea services provider Shelf Subsea. DeepOcean has acquired 100% of the shares in Shelf Subsea, expanding its footprint into Southeast Asia, Australia, and the Middle East. Financial details of the deal were not disclosed. Shelf Subsea is headquartered in Australia, with further offices in Singapore, Indonesia, Malaysia, ...
MOL offloads ageing VLCC Japan's Mitsui OSK Lines (MOL) has offloaded one of its elderly VLCCs - the company's first supertanker sale in more than two years. Multiple shipbroking sources have reported that the Tokyo-based shipping giant is letting go of the 2008 Kawasaki-built M Star to an undisclosed buyer for about $46.7m. In July 2010, the same vessel ...
Former Edda Wind boss Kenneth Walland takes the chair at Eidesvik Norwegian offshore vessel owner and operator Eidesvik has appointed former Edda Wind chief executive Kenneth Walland as its new chairman. Walland takes over from Arne Austreid and will oversee the company's board until 2027. He officially stepped down from Edda Wind on January 1, 2025, after leading the offshore wind support vessel pureplay backed by ...
One person missing following fire on Chevron's platform off Angola The Angolan National Agency for Oil, Gas and Biofuels has revealed that one person was missing following a fire on Chevron's deepwater Benguela Belize Lobito Tomboco (BBLT) oil platform. The fire broke out on May 20 around 3 am local time in the basement of the multi-story production platform, which has living quarters for approximately ...
NCL boxship becomes lodged on Norwegian's front garden The Cypriot-flagged, 886 teu containership NCL Salten ran aground overnight only a few meters from a house on the shore in Norway's Trondheim fjord. There have been no reports of oil spills or injuries onboard the North Sea Container Line-owned boxship. The only real damage caused was to a heating pipe outside the house where ...
Tense shipping situation in the Baltic as Russia hits out at neighbours The shipping situation in the Baltic is tense with Russia trading barbs with its neighbours and militaries getting involved. Poland was forced yesterday to intervene after a ship from the Russian shadow fleet was seen performing suspicious manoeuvres near a power cable connecting Poland with Sweden. Meanwhile, Estonia and Russia have been threatening each other ...
Washington takes another swipe at the IMO in launching flag investigation The Federal Maritime Commission (FMC) is conducting a nonadjudicatory investigation to examine whether the vessel flagging laws, regulations, or practices of certain foreign governments create unfavourable shipping conditions in the foreign trade of the US. The FMC said it is concerned about the conditions created by the wide and uneven range of foreign vessel flagging laws, regulations, ...
Damen to 3D print a workboat Damen Compact Crafts (DCCr), part of the Damen Shipyards Group, and high-tech company CEAD are launching a collaboration to develop a 3D-printed workboat, exploring the potential of large-format 3D printing in shipbuilding. The project will take place at CEAD's Maritime Application Center (MAC) in Delft in The Netherlands. Damen said it aims to investigate how ...
The case for optimism on decarbonisation post-MEPC83 Shipowners may have plenty of reasons to sit on their hands, and plenty of bigger problems to care about. But...
Dorian voices confidence in VLGC market fundamentals US-listed owner fourth-quarter and full-year earnings dip
CMA CGM continues to lead the way on alternative-fuel containership fleet Most container line operators appear set on a multiple-fuel future, although LNG dual-fuel ships remain the most popular choice for...
Danish shipping executives unfazed by market uncertainty A survey of the chief executives of some of Denmark's largest shipping companies show that despite the geopolitical unrest, plans...
Poland points finger at Russia for cable-cutting threat Tusk spoke after Polish armed forces intervened when a dark fleet tanker made what he called 'suspicious manoeuvres' near an...
Hudong-Zhonghua launches new yard despite rising US policy pressure US SHIPS Act revives uncertainty for Chinese LNG orders as US exports of LNG and crude oil are required to...
Virgo Marine costs ruling could impact wider London arbitrations Banks applying Washington-imposed restrictions extraterritorially despite blocking statute, argues Zaiwalla & Co
MPC Container Ships to benefit from intra-regional trade growth as it reports 1Q revenue decline Oslo-listed containership tonnage provider reports a profit of $59.7m for the first three months of 2025, down from $76.5m year...
MOL holds line on decarbonisation goals in slowing green transition MOL reaffirms its decarbonisation strategy amid slowing global green transition efforts, highlighting the need for stronger policy support and fuel...
US FMC probing lax flag registries amid mounting safety concerns The FMC is conducting a non-adjudicatory investigation into flag states with 'little or no oversight or regulation', which it says...
The Daily View: Caught in the crossfire
Hanwha plans to transform Philly Shipyard By investing in equipment and introducing new technologies, Hanwha aims to build the first LNG carrier in the US
Daily Briefing Russia lashes out at Nato 'pirates' as UN addresses escalating maritime security concerns | UN urged to combat increasing 'weaponisation'...
Journal of Commerce Rankings: US LTL sector defies soft demand, regains traction Excluding the last remnants of Yellow's revenue, the largest US LTL carriers boosted their top line by 3.9% last year, with daily volumes rising 2.7% and terminal numbers up almost 3%.
Stakeholders look to advance possible Houston-area dredging project The Cedar Port industrial park and barge port says the construction of a new ship channel could pave the way for potential development of a container terminal at the site.
CPKC grapples with complaints over US, Canada terminal operations The railroad says it acted fast to resolve issues at its Dallas-area terminal and denies there have been any significant problems in Calgary and the Toronto area.
Tsuneishi Group takes full ownership of Mitsui E&S Shipbuilding Mitsui E&S Group sold 34% stake of shipbuilding unit for JPY4.2bn
US government allocates more cash to make busy Houston Ship Channel wider and deeper US Army Corps of Engineers sets aside $33m in 2025 fiscal year to advance expansion
'Small-scale LNG boom' emerging in Latin America, Poten says Region likely to remain net importer for next 10 years but export projects could change picture
Seanergy spin-off United Maritime ups stake in offshore project Bulker owner uses loan from parent company and cash from capesize sale to fund fresh investment in ECV newbuilding
It's a bounceback for stock buybacks as shipowners struggle with sagging shares This week's Streetwise offers a tutorial from analyst-turned-executive on the arguments for repurchases
No cold-callers please: Container ship turns up in front garden Cyprus-flagged feeder unit makes unexpected visit to Norwegian house
CMB.Tech bosses pressed over 'unsettling' bulker numbers ahead of Golden Ocean merger Executives say medium to long-term outlook is very promising
Buyout of Greek S&P and chartering tech firm extends Sedna acquisition trail Maritime tech platform has bought three other businesses over the past six months
VLCC sales keep rolling as Chinese buyer snaps up MOL veteran Japanese owner gets big tanker off its books for price below valuations
Geopolitics and bad US weather drag down Dorian LPG profit in first quarter VLGC owner John Hadjipateras remains confident in the fundamentals of his business
LNG market poised for 'rapid evolution', IGU says Fleet growth outstripped voyages in 2024 with huge haul of newbuilding deliveries looming
Hapag-Lloyd flip-flops between China and South Korea on next container ship orders Yawning price gaps and US fees threat prompting rethinks for liner company
How Klaveness investment team doubled its money in three years Early bets on Frontline and Golden Ocean have paid off, while diversification into property and private equity helped boost returns
BW-backed Cadeler buys modern Chinese WTIV to cope with increased demand Danish owner scrutinised every available ship before plumping for Boqiang 3060
'Rumours fly': Alexander Saverys says $500m tanker orders have not been signed... yet CMB.Tech boss denies any new VLCC or suezmax deals concluded in China
Cautionary tale steals show as UK issues price cap warning Western governments are having another go at making the oil price cap work
Microsoft taps Norden to cut carbon emissions using biofuel ships Book and claim system already counts Mark Zuckerberg's Meta as a customer
Dry bulk woes drag Himalaya Shipping into the red in first place Capesize and newcastlemax spot market had a challenging start to the year
Dry bulk faces pressure from newbuild parity and upcoming fleet deliveries, says Veson Oversupply of bulkers could lead to a market tipping point
Furetank to provide tanker for Sweden's largest military drill in 80 years Questions linger about how country would fare if large-scale conflict breaks out, CEO Lars Hoglund says
MPC Container Ships stock plunges after 'surprise' dividend cut 'Decision may be right in the long term,' Arctic says
Blacklisted British financier to appeal UK sanction over Russia S&P deals John Ormerod is the first Briton targeted over deals for vessels that ended in Russia's shadow fleet
Norvic Shipping adds Japanese newbuilding under long-term charter Renowned but unnamed owner providing 42,000-dwt handysize to Danish operator
Poland plane buzzes sanctioned tanker after 'suspicious manoeuvres' near power cable Patrol flight scares off shadow fleet vessel as tensions rise in region
Hunter Group loses $8,350 per day on VLCC charter bet Norwegian charterer retains a belief in tanker market fundamentals
Cido Shipping swaps large gas carrier newbuildings at HD Hyundai for oil tankers Switch in ship type has resulted in a smaller contract value for the South Korean shipyard
'Strategic advantage': Iran adds 2m barrels of crude storage at key export terminal Oil company boss hails greater flexibility in 'complicated' energy market
Chairman Laurence Ward Odfjell adds $7.6m shares in Odfjell Odfjell now controls 48% of shares in chemical tanker owner
MPC Container Ships slices dividend payout to build 'strong investment capacity' CEO sees 'robust growth' in intra-regional trade demand
Drybulk headed for downturn due to newbuild parity and upcoming fleet deliveries Oversupply of bulkers could lead to a market tipping point
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.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
