Judge grants injunction allowing Revolution Wind to resume construction The U.S. District Court for the District of Columbia today granted the preliminary injunction sought by Ørsted's Revolution Wind regarding the BOEM stop-work order imposed in August. The injunction allows Revolution Wind,
Lessons from Auckland's e-ferries on agenda at FERRIES 2025 Michael Eaglen, CEO and co-founder of New Zealand-based EV Maritime, will present on the launch of Auckland's first fully electric fast ferries at Marine Log's FERRIES 2025 Conference, taking place November 4-5
Historic 1944-built tug Dominion sinks in Bremerton Marina A unified command is responding to the sinking of the Dominion, a 1944-built wooden former U.S. Army tug, in Bremerton Marina, Bremerton, Wash. The unified command consists of the Coast Guard and
How carriers navigate amid capacity shortfall and rate drop A counterintuitive rate war reveals deeper structural shifts reshaping global maritime trade. In the complex world of container shipping, basic economics suggests that when supply falls short of demand, prices should rise. Yet the industry is experiencing the opposite phenomenon: freight rates from Asia to Europe have plummeted 45% over just ten weeks, even as shipping lines struggle with a short
C. Hartwig Gdynia rebrands as Rhenus Air & Ocean Poland Rhenus Group has completed the integration of C. Hartwig Gdynia S.A., rebranding it as Rhenus Air & Ocean Poland. The move strengthens Rhenus' Air & Ocean network and expands its presence in Eastern Europe. The rebranding follows Rhenus' acquisition of C. Hartwig Gdynia in 2021. The company now offers a wider range of ocean, air, intermodal, and project transport services in Poland and benefits f
CMA CGM acquires UK Rail Operator Freightliner CMA CGM has acquired Freightliner UK Intermodal Logistics, a leading rail freight operator in the United Kingdom. The move strengthens CMA CGM's intermodal services across Europe. Freightliner will continue operating as a multi-user, multi-customer business. It will benefit from CMA CGM's global logistics and shipping network. The acquisition also supports decarbonization. By shifting more freigh
Visit Easy Auto PA - Trusted Used Cars in Pennsylvania Visit Easy Auto PA for Quality Used Cars - Transparent Pricing, Flexible Financing, and Hassle-Free Trade-Ins Finding the right vehicle can feel like a challenge, but with Easy Auto PA, the process becomes simple, transparent, and enjoyable. Our dealership is dedicated to offering a wide selection of quality used cars that fit every budget and lifestyle. Whether you're looking for a compact commu
CNC launches new reefer service from Philippines to Japan CNC has launched its new JP8 service from Davao, Philippines. The maiden voyage carries its first shipment of fresh bananas in advanced reefer containers. The service moves away from traditional bulk methods. It delivers higher quality, reliability, and precise cold chain management for perishables. JP8 connects the Philippines directly to major ports in East Japan, including Tokyo, Yokohama, Kob
GEODIS and Hapag-Lloyd launch real-time rate integration GEODIS and Hapag-Lloyd have strengthened their digital partnership. They deployed a real-time solution to integrate shipping rates and service data. The core of this collaboration is a Contract API. It creates a direct, system-to-system link between Hapag-Lloyd's pricing platform and GEODIS' global rate database. The API transmits contracted rates, surcharges, transit times, and service options a
Panama seeks to work with HMM and Busan port The Panamanian government is seeking collaboration with HMM, specifically investments in Panama port. This was discussed during a Panamanian trade delegate's visit to South Korea last week. Panama's Foreign Minister Javier Eduardo Martinez-Acha Vasquez led a delegation that visited HMM's headquarters in Seoul and met with the South Korean shipping line's CEO Choi Won-hyuk. This content is locked
Sperry Marine to equip Samskip's Green Ships Sperry Marine will equip two Samskip container vessels with Integrated Bridge Systems (IBS). These ships will combine hydrogen fuel cells with autonomous-ready navigation. They are the first of their kind. The vessels are under construction at Cochin Shipyard Limited. They will be 135 meters long and scheduled for delivery in 2027. They will operate between Oslo Fjord and Rotterdam. Together, the
How COSCO could counter US port fee challenge? Chinese shipping giant leverages alliance partnerships and global network to navigate escalating trade restrictions. Chinese shipping behemoth COSCO is deploying a multi-pronged strategy to counter punitive US port fees that threaten to drain US$1.5 billion annually from its coffers, turning regulatory pressure into an opportunity for strategic network optimization during an era of unprecedented
Port of Auckland advances biofouling prototype development Port of Auckland announces it has reached the final development stages of an innovative in-port biofouling solution for cleaning specialized ship areas. This new technology will provide shipping lines and cruise operators with additional confidence needed to operate in New Zealand waters while maintaining biosecurity standards and preserving New Zealand's exceptional marine environment. Chris Mil
SAL Heavy Lift adds two semi-submersible deck carriers SAL Heavy Lift is expanding its fleet. The German heavy lift company acquired two semi-submersible vessels, MV Sun Shine and MV Sun Rise, from Pan Ocean (Korea). The ships will arrive in Europe between October 2025 and April 2026. They will operate under the JSI Alliance. The move doubles SAL's capacity in the semi-submersible segment. It follows the successful charter of MV Zhong Ren 121 and 122
DACHSER appoints new Air & Sea Logistics EMEA Chief DACHSER has appointed Alexander Winter as Managing Director of its Air & Sea Logistics EMEA business unit, effective October 1. He takes over from Marc Meier, who will leave the company at the end of September. Winter, 53, is an Austrian national with more than two decades of logistics experience. He joins DACHSER from DB Schenker (now part of DSV), where he has held leadership roles since 1999.
Biofuels support 20% reduction in port emissions The inaugural annual assessment evaluating UK ports' decarbonization efforts has demonstrated significant emissions reductions despite ongoing challenges in securing new and upgraded grid connections. On Clean Maritime Day during London International Shipping Week, the British Ports Association published its 2025 Sustainability Report detailing findings from the BPA Net Zero Maturity Assessment T
AD Ports Group initiates construction on Noatum Ports Luanda Terminal AD Ports Group conducted the foundation stone ceremony for the Noatum Ports Luanda Terminal at the Port of Luanda, initiating one of Angola's most significant port modernization and expansion projects. With an initial US$ 250 million investment over the first three years, the project anticipates reaching total investment of up to US$ 380 million over the 20-year concession period, extendable unti
WCI drops 6% as trans-pacific and Asia-Europe rates decline The Drewry World Container Index (WCI) fell 6% week-on-week to US$1,913 per FEU in Week 38, marking its 14th straight weekly decline as Japan International Freight Forwarders Association (JIFFA) reported. The index now sits 52% lower than a year ago, reflecting persistent weakness in the global container market. Trans-Pacific rates resumed their slide, erasing the brief gains from earlier this mo
ONE Innovation breaks TEU loading record Ocean Network Express (ONE) has achieved a new milestone with its 24,000 TEU-class mega vessel ONE Innovation, which successfully loaded 22,233 TEU, the highest ever recorded on a single containership. The record-setting vessel departed from Singapore fully loaded and is now sailing on the FE4 route, bound for Felixstowe. ONE Innovation's achievement highlights the growing importance of ultra-lar
Possible scenarios for container port thoughput Global container port throughput demonstrates remarkable resilience and sustained growth trajectory, with projections indicating continued expansion toward 988 million TEUs by 2027. This growth represents a fundamental shift in global trade patterns, driven by technological advancement, economic integration, and evolving geopolitical dynamics. However, this upward trajectory faces significant hea
CNC Line updates BMX Service, adds Masan call CNC Line (CMA CGM) has announced changes to its Bohai Manila Express (BMX) service, introducing the South Korean port of Masan and removing the Hong Kong call (after Shenzhen). The update comes as part of the carrier's effort to optimize regional coverage and meet changing trade demands. The BMX service is operated by five CNC vessels, each with an average capacity of 3,200 TEU. The ships follow
China's Sea Legend launches Arctic express box service to Europe Niche Chinese liner Sea Legend Shipping launched a direct container service between China and northern Europe via the Northern Sea Route (NSR) over the weekend, dispatching the 4,890 teu Istanbul Bridge on a voyage that is scheduled to take just 18 days to reach Europe. The voyage, calling at Qingdao, Shanghai, Ningbo, Felixstowe, Rotterdam, Hamburg ...
SCI teams up with refiners to grow India's MR fleet India's state-owned Shipping Corporation of India (SCI) is joining forces with the country's top refiners to launch an expansion of the MR tanker fleet, part of New Delhi's drive for greater energy and maritime security. According to the Economic Times, SCI is forming a joint venture with Indian Oil Corporation (IOC), Bharat Petroleum and Hindustan ...
Singapore shows others how to future-proof maritime Singapore has more than one maritime week. There's the official one in April, plus this week's mix of events - including our own Maritime CEO Forum - that culminate with Friday's massive Singapore Shipping Association dinner. Splash launches its latest Singapore annual today, assessing how the city-state aims to remain the world's most relevant maritime ...
Asyad adds Japanese cape to diverse fleet As has been the case over the past few months, Japanese owners continue to provide a steady flow of tonnage to the market. This time, it is Oman's Asyad Shipping stepping up as the buyer of choice in the larger size segment, deploying some of the $333m it raised through its initial public offering on ...
Comoros takes action on dark fleet Israeli maritime analytics firm Windward is reporting that the government of Comoros has begun a clean-out of its international registry, a flag which has been central to sanctions-circumventing dark fleet tankers shipping Russian, Iranian and Venezuelan oil. There are now 62 tankers, three liquefied petroleum gas carriers and one tug declared as falsely flying the ...
Surging VLCC rates propel ClarkSea Index to two-year high Surging VLCC rates have seen the cross-sector ClarkSea Index, a weighted average of tanker, bulk carrier, containership, and gas carrier earnings managed by Clarksons Research, reach a two-year high of $29,888 per day as of last Friday, 50% above the 10-year trend. VLCC rates leapt last week, with some fixtures breaking through the $100,000 a ...
Postponed projects sink Fugro's growth forecast Dutch surveyor Fugro has conceded it will not be able to make its full-year financial forecasts. "While we still expect the second half of 2025 to show a notable improvement compared to the first half, the previously anticipated 20% revenue growth is no longer realistic," the company stated in a release today, citing many postponed ...
Ottawa and Nova Scotia set offshore wind pre-qualification in motion Canada's first offshore wind projects took a step closer to reality this weekend with the launch of a pre-qualification process for potential bidders, part of a wider plan to bring up to 5 GW of capacity online off Nova Scotia. Sean Fraser, the federal minister responsible for the Atlantic Canada Opportunities Agency, told reporters in ...
SeaBird Exploration bags survey work SeaBird Exploration, part of SED Energy Holdings, has signed a contract for ocean bottom node source work for its survey vessel, Eagle Explorer, in the Western Hemisphere. The contract has a firm duration of approximately three months, with options that could extend the total period to four months. Commencement is expected by mid-November 2025. Finn ...
Exmar wins LNG FSU contract in Colombia Exmar has signed contracts with Regasificadora Del Pacífico (RDP) for the deployment of a floating storage unit (FSU) on the west coast of Colombia. RDP is developing a fast track LNG import solution in the inner bay of Buenaventura, under a term contract signed with Ecopetrol earlier this year to provide regasification and logistics services ...
Vehicle shipping player Polaris launches dry bulk arm Polaris International is diversifying its shipping portfolio with the official entry into the dry bulk market and the launch of Polaris Bulkers The move marks a strategic expansion for Polaris, best known for its automotive logistics division, Polaris Autoliners. The new dry bulk venture will operate out of Singapore and be led by dry bulk ...
VLCC spot rates dip from peak but outlook remains bullish Spot rates for VLCCs have dropped by mid-single digits from last week, but even so, the global average remains very...
Pressure builds for realigned G7 shadow fleet sanctions but US action remains uncertain US senators are seeking to increase financial pressure on Russia by targeting the shadow fleet. That push is unlikely to...
Suez Canal greenlights second phase of Antipollution Egypt plans Next step in Egyptian-Greek joint venture's $150m investment programme is construction of waste management plants
Ammonia fuel's wider environmental risks will need managing Ammonia's safety risks are well understood. But its other environmental risks will need to be dealt with if widespread use...
Disruptions drag down global box port productivity Report highlights several developing country ports that made significant strides in operational efficiency including Dakar, Jawaharlal Nehru and Port Said
US revokes sanctions waiver on Iran's Chabahar port The Iranian port of Chabahar is being developed and operated by India as part of a 10-year contract that Iran...
The week in newbuildings: Exmar confirms order for up to eight suezmax tankers Newbuilding contract represents return of a Saverys family-controlled shipowner to mid-sized South Korean shipbuilder
HD Hyundai resolves strike risk through wage agreement The finalised agreement, which covers wage and bonus increases, as well as a job-security pact tied to the planned December...
Globus has 'constructive' view of dry bulk market after loss-making first half Greek dry bulk owner says rates have now recovered to a 'very healthy' level
How to navigate risk amid uncertainty This week's episode brings you highlights from Lloyd's List's headline event during London International Shipping Week
The week in charts: Israeli air strikes tear through Hodeidah docks | LNG carrier recycling hits record level as Japanese steamer sold | Top brokers expect P&I rate hikes Lloyd's List's weekly showing of the data and figures behind our news, analysis and markets coverage
CMA CGM snaps up second European rail freight operator with purchase of Freightliner's UK operation Acquisition is subject to regulatory approvals but is expected to conclude in early 2026
Geopolitical uncertainty and shipbuilding in focus for BW LPG Flows from the US to China would be largely unaffected if tariff rates are reasonable, BW LPG chief financial officer...
The Daily View: Back to the beginning?
Daily Briefing Net-Zero Framework critics don't have the numbers | Major shipowners condemn Net-Zero Framework in unprecedented statement | Will a US-UK...
LA-LB likely to work with regulator on emissions-cutting plan for ports The more cooperative approach recommended by a committee of the South Coast Air Quality Management District means the ports and their stakeholders would not need to limit cargo volumes each year to achieve emissions reductions goals.
US shippers expand use of private fleets despite low truck rates Supply chain control, not just cost, is the priority for shippers that have built up in-house truck fleets and increasingly are using them for more than outbound deliveries.
Major rail union backs UP-NS merger after job-protection deal The about-face from SMART-TD, which had initially opposed the $85 billion transaction over fears of job losses, makes regulatory approval of the merger far more likely.
South China supply chains brace for year's strongest typhoon Super typhoon Ragasa is the 19th named storm to hit the region this year, with container terminals shutting down and airlines preparing to ground flights from Tuesday night.
CMA CGM acquires UK intermodal specialist Freightliner The takeover will add the UK's largest maritime intermodal service provider to the carrier's rapidly expanding logistics portfolio.
Transocean drilling quartet sold off for demolition after long lay-up Vessels join growing list of idle drilling units that will not be reactivated
Major container lines blank sailings as pre-tariff rush wanes MSC, Maersk and Hapag-Lloyd lead by reining in capacity and withdraw planned rate increases
'Exactly what we need': Norden CEO praises IMO proposal to derisk green freight Decisive vote on carbon target is coming next month
Hansson family builds stake in Nordic American Tankers as share tally milestone hit Alexander Hansson buys 100,000 shares as family boosts position to more than 10m shares
Hanwha snares former US government adviser for new Washington-based strategy role Alex Wong says group is 'vital company at such a pivotal time for the global defence and shipbuilding industries'
Chinese-built VLGCs flee imminent US port fees as Atlantic tonnage list tightens Brokers say about 10% of the large gas carrier fleet will be affected
Shipowners and charterers jostle to gain access to new Panama Canal LPG pipeline Authority woos potential partners with gathering in Panama City
CMA CGM gets on track with purchase of UK rail operator Freightliner deal marks addition to French liner's intermodal goals
Swedish shipping investor Energifonden goes for more bonds to pursue crude tanker buys Fredrik Johansson's company says investments will also be made in fuel trading
Rising capesize spot rates take a breather as transatlantic weakens Levels have shot up by 21% since early September
Bernhard Schulte wins first FSRU management deal through Pronav unit Pardus Energy signs up Turkey-based Turquoise P for technical management
Shadow fleet purge leaves more than 60 tankers with false flag Windward says government has been clearing out its registry
Celsius Shipping seeks product tanker exit with latest sale effort Jeppe Jensen may have completed efforts to get out of MR2s, as part of his 'green transformation' drive
SAL snaps up Pan Ocean heavylift duo to meet growing demand German operator makes strategic push into ownership of semi-submersible vessels
Turkish owner GSD Marin expands managed fleet to 15 ships with fresh bulker newbuildings Public company led by the Yilmaz family adds ultramax to its growing Japanese orderbook
MSC engineer pleads guilty following boxship's loss of control in US Plea bargain struck with authorities after incident that shut Charleston bridge
Car carrier group Polaris International breaks into bulkers with new operating platform Group, best known for Polaris Autoliners brand, is diversifying
Dubai Navigation sells its last bulker Final vessel in once large fleet has been sold for recycling, brokers report
Globus eyes fleet refinancing after weak bulker rates turn results red Greek owner expects freight market to recover, with asset values firming
US-sanctioned tanker sells at Indian auction The Nirvana has become the eighth MR product tanker sold for recycling in 2025
Clarksons hires former Braemar director as new operating chief of futures division Sander Bots rejoins Clarksons, six months after leaving Braemar
Golar LNG hires banks for new dollar bond issue in $300m refinancing Move is the company's third trip to the bond market
Exmar jumps into tankers with order for suezmax quartet Saverys-backed owner ventures into tankers for first time
Clarksons sees 'multi-year strength' for capesize market as bulker stocks get buy ratings Clarksons keps capesize rate forecast at $24,000 per day for 2026
Precious Shipping splashes $65m on bulk carrier pair Vessel buys are part of Bangkok-listed bulker specialist's fleet renewal plans
SCI to order 10 tankers as it forms joint venture with Indian refiners State-owned company will benefit from long-term charters involving new vessels
Buoyant VLCC market powers overall shipping earnings to highest level in two years With VLCCs pushing $100,000 per day on some routes, shipowners are enjoying a fresh wave of confidence
Biofuel blends gain traction as report finds performance on par with VLSFO NYK loads B30 blend onto capesize, while report finds no issues with blends
Precious Shipping splashes $65m on bulker carrier pair Vessel buys are part of Bangkok-listed bulker specialist's fleet renewal plans
Sanctioned tanker sells at Indian auction for $3.9m The Nirvana has become the eighth MR product tanker sold for recycling in 2025
N2 Tankers mulls LR2 tanker move as market shifts to more flexibility Aframax specialist considers entering new market segment
UPS boosts intra-Asia air capacity as US volumes wane UPS is readjusting its air freight network in response to high demand within Asia as volumes from China to the U.S. decrease.
Panel: Jones Act a dire economic 'burden' for Hawaii Hawaii and other American territories called for changes to the Jones Act, citing unfair economic burdens outside the continental United States.
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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