FERRIES 2025: 16 years with America's first hybrid-electric ferry Marine Log's 38th annual FERRIES Conference, taking place November 4-5, 2025 in Jersey City, N.J., will feature a standout session highlighting nearly two decades of hybrid-electric ferry operations and their influence on
BOEM orders work stop at Revolution Wind Ørsted reports that on August 22, its subsidiary, Revolution Wind LLC, a 50/50 joint venture with Global Infrastructure Partner's Skyborn Renewables, received an order instructing the project to stop activities on the
BNSF and CSX announce new intermodal services BNSF and CSX have announced a series of new intermodal service products designed to provide more direct and efficient connections between western and eastern U.S. markets. The railroads said the new offerings aim to expand coast-to-coast capacity and shift freight from road to rail. Among the additions is a new domestic intermodal service connecting Southern California with Charlotte, North Carol
Bee Logistics Indonesia deploys professional inter-island transportation services Bee Logistics Indonesia has launched two dedicated inter-island transportation services to support the growing domestic trade market across the Indonesian archipelago, which spans more than 17,000 islands. The services are designed to strengthen supply chains, reduce operating costs, and improve logistics efficiency. The first service covers the movement of vehicles using Roll-on/Roll-off (Ro-Ro)
Toll Group to partner with Defence Toll Group has been selected by Defence to deliver vital equipment, supplies, and support across Australia under the new $1.5 billion Defence Theatre Logistics (DTL) contract. The agreement consolidates two existing contracts and will streamline the delivery of warehousing, national distribution, and retail store services across the Defence network. Covering 18 main sites and 38 support warehouse
Marie Maersk to resume voyage after flames contained The fire on container ship Marie Maersk has been brought under control after almost two weeks, and the vessel has been deemed safe to resume sailing. Marie Maersk ship still burning (updated) Maersk Line informed Container News that as of 23 August, the fire on the 2013-built 19,076 TEU Marie Maersk is contained, with an external firefighting team on board monitoring the situation continuously. T
How One Mistake by a Truck Driver Can Change Your Life Forever A single moment of distraction, fatigue, or misjudgment by a truck driver can have absolutely devastating consequences that ripple through entire families for years. Unlike a fender-bender with another car, a collision with a massive semi-truck often leaves victims facing life-threatening injuries, overwhelming medical bills, and months or even years of grueling recovery that changes everything a
How Shippers Secure Fast Capital for Peak Season Are you anticipating the surge of peak shipping and freight season? For importers, non-vessel operating common carriers (NVOCCs), and drayage operators, securing fast funding before this crucial period is not just a strategic advantage; it's a necessity for ensuring operational readiness and capitalizing on the increased demand. This article explores several rapid financing options available to t
OOCL expects hurdles from US port fees and competition Hong Kong's Orient Overseas International Ltd (OOIL) said that impending US port fees that would be imposed on Chinese operators from 14 October, would affect its earnings, while overcapacity and new market entrants present more challenges. The COSCO unit, operating as OOCL, made this forecast in announcing its H1 2025 results, in which net profit was up 15% year-on-year, to US$955.1 million, whi
KCCI Falls as Busan export rates drop According to JIFFA, sourced from Korea Ocean Business Corp. (KOBC), the KOBC Container Composite Index (KCCI) slipped 3.67% to 1,993 points on Monday as spot rates for exports from Busan continued to weaken on major trades. Rates declined across the main lanes: 6.16% to $1,904 per FEU to the U.S. West Coast, 7.01% to $2,996 to the U.S. East Coast, 5.13% to $3,110 to Europe, and 5.2% to $3,120 to
APM Terminals signs MoU with Andhra Pradesh In a move aimed at transforming Andhra Pradesh into the "Logistics Hub of the East," the Government of Andhra Pradesh, through the Andhra Pradesh Maritime Board (APMB), has signed a Memorandum of Understanding (MoU) with APM Terminals, part of the A.P. Moller - Maersk Group. The signing, attended by the Honourable Chief Minister N Chandrababu Naidu, marks a key milestone in the state's efforts to
Port NOLA cargo volumes climb in first half of 2025 The Port of New Orleans (Port NOLA) reported continued growth in cargo volumes and trade activity in the first half of 2025, supported by rising container imports and stronger schedule reliability. The port handled 263,961 TEUs between January and June, an increase of 2% year-on-year and 9% compared to the second half of 2024. "This growth reflects our port's resilience, global competitiveness, a
Shipping Titans: Top Container Handling Countries by TEU Volume Global Giants Exposed: The 2024 Rankings Drop! The world's top container handling countries flexed their muscles in 2024, according to the DynaLiners Millionaires report. This edition tracks combined throughput from 157 ports, each moving over one million TEU. These ports handle 88% of global volume, totaling 820.6 million TEU, up 8% from 2023. China dominates, but others, like Vietnam, surge ahe
US container imports from Asia grow in July U.S. container imports from 10 major Asian economies reached 1.92 million TEUs in July, a 1.2% increase compared with the same month last year. From June, volumes rose sharply by 25%. According to the Japan International Freight Forwarders Association (JIFFA), citing data from Descartes Datamyne, total U.S. imports in July stood at 2.62 million TEUs, up 2.5%. From January to July, Asian imports a
SeaLead chartering other ships to replace sanctioned vessels Singapore-based SeaLead Shipping told Container News that it is in discussions to charter some post-Panamax container ships as it rebuilds its fleet after cancelling charters on 16 sanctioned ships early this month. SeaLead fleet disrupted by US sanctions Consultancy Linerlytica said this week that SeaLead has taken the 2000-built 6,078 TEU BZ Chongfu for two years from Chinese owner Baozhou Ship
CEMS and GRSE launch Maritime Skill Development Programme in Kolkata The Centre of Excellence in Maritime and Shipbuilding (CEMS) has inaugurated a new extension centre at Garden Reach Shipbuilders & Engineers Ltd. (GRSE) in Kolkata, under GRSE's Corporate Social Responsibility initiative. The facility, located at GRSE's Taratala unit, will serve as a hub for maritime skill development and industry-ready training. Through this collaboration, CEMS and GRSE will del
How AI Video Editors Are Changing the Game for YouTube Creators YouTube has become one of the most competitive platforms for content creators, with millions of videos uploaded daily. To stand out, creators need high-quality videos that are well-edited, visually engaging, and optimized for audience retention. However, video editing is one of the most time-consuming aspects of content creation. It requires technical skills, patience, and often expensive softwar
TCP appoints new CEO TCP, the company managing the Paranaguá Container Terminal, has appointed a new chief executive officer as of August 2025. The incoming CEO brings more than two decades of international port sector experience, including leadership roles in China, Djibouti, Nigeria, and Brazil. He first joined TCP in 2024 as Chief Commercial Officer, a year in which the terminal posted record growth of 24% and han
CMA CGM launches Batam-Singapore xpress shuttle service CMA CGM Indonesia has announced the launch of its new Batam Singapore Xpress (BSX) shuttle service, offering direct connections between Batam and Singapore with seamless links to the Group's global network. The service will provide two weekly departures, giving customers greater flexibility and efficient access to major markets worldwide through Singapore. Alongside the new route, CMA CGM is intr
Oceanbird appoints Amrit Kaur Bhullar as new CEO Leadership Change in 2026 Oceanbird has appointed Amrit Kaur Bhullar as CEO, starting January 1, 2026. She will guide the company as it moves from research into full commercialisation. Bhullar grew up in London and has lived in Norway for 15 years. She is currently Senior Vice President of Business Development & Group Innovation at VARD. She has also held senior roles with suppliers to the shippi
Chittagong port yard capacity rises by 5,482 TEUs Amid huge stockpile of boxes at the yards, the Chittagong Port Authority (CPA) on Thursday announced addition of yard capacity by 5,482 TEUs reaching it to 59,000 TEUs from previously 53518 TEUs. The CPA said it has been increasing yards, sheds etc as part of regular capacity expansion. "Over the past year several yard renovations have been completed and new yards are being constructed. Already,
Capital Clean Energy Carriers seals boxship sale and gas carrier financing Evangelos Marinakis-backed Capital Clean Energy Carriers (CCEC) has agreed the sale of one of its three neo-panamax containerships and lined up financing for its medium gas carrier (MGC) newbuilding programme. The Nasdaq-listed Greek owner has struck a deal to sell the 2022-built 13,312 teu Manzanillo Express to an undisclosed buyer. Delivery is expected in the ...
Euroseas adds to 4,300 teu newbuild series Greek containership owner Euroseas has returned to Jiangsu New Yangzi Shipbuilding in China for two additional 4,300 teu newbuilds. The Nasdaq-listed company said the vessels, priced at about $59.25m apiece, are due for delivery in March and May 2028. Financing will be arranged through a mix of debt and equity. The pair are sisterships to ...
Northern Lights marks first CO2 storage offshore Norway Northern Lights JV has achieved a key milestone, injecting the first volumes of carbon dioxide into its offshore storage site in the Norwegian North Sea. The CO2 was transported through a 100-km pipeline and injected into the Aurora reservoir, 2,600 m below the seabed. "Our ships, facilities and wells are now in operation," said managing ...
Champion Tankers takes options on final two MR newbuilds in China Norway's Champion Tankers has wrapped up its latest round of fleet renewal, declaring options for the final two ships in a series of MR tankers ordered at Penglai Jinglu Shipyard in China. The Bergen-based private company, led by Karl Lodrup Kvalheim, will now take delivery of six 49,200 dwt IMO II tankers from the yard, ...
Al Seer Marine brings AI into the boardroom Abu Dhabi's Al Seer Marine has become the first UAE maritime company to introduce an AI-powered board observer, part of a wider digital transformation drive across the business. The system, named NOVA (Neural Oversight & Virtual Automation), acts as a non-voting observer that is intended to bolster boardroom discussions through live queries, scenario modelling, budgeting ...
Mumbai's Tolani Shipping pushes deeper into tankers with latest acquisition Mumbai-based Tolani Shipping is continuing its pivot into the wet trades, closing in on its third clean tanker in a row, the 26,000 dwt stainless steel tanker Clarice, built in 2014 at Asakawa Shipbuilding and currently owned by Shenlong Maritime. The price is understood to be around $29.5m, making it Tolani's largest tanker purchase to ...
Hackers sew lips on Iran's merchant fleet again For the second time in the space of five months, a hacker group is claiming it has knocked out communications on a swathe of the Iranian merchant fleet. The hacker group called Lab Dookhtegan, which translates as Sewn Lips, told London-based TV channel Iran International it had hacked into the systems of the National Iranian ...
Ukraine targets Russia's Ust-Luga port and Syzran refinery in latest wave of drone strikes Ukraine has escalated its campaign against Russia's oil and logistics infrastructure, striking both the Ust-Luga terminal on the Baltic and the Syzran refinery in the Samara region on Sunday night. According to Ukraine's General Staff, Special Operations Forces and the Security Service of Ukraine (SBU) carried out coordinated drone strikes on the port of Ust-Luga ...
Hanwha Ocean to spend $70m expanding Philly Shipyard Hanwha Ocean is preparing to pump an additional $70m into Philly Shipyard, marking the latest step in the Korean group's aggressive push into the US naval and commercial shipbuilding market. The investment plan was revealed via the White House on Monday, though the Korean yard has yet to confirm the figure. Hanwha acquired the historic ...
US Coast Guard detains intoxicated MSC skipper The US Coast Guard Investigative Service (CGIS) arrested the captain of the 8,814 teu MSC Jubilee IX for suspicion of operating the vessel while intoxicated following a boarding at Terminal 5 in Seattle last week. Watchstanders at Coast Guard Sector Puget Sound were notified by a Puget Sound pilot aboard the MSC Jubilee IX, who ...
Surf's up: How AI search is changing the tide of online marketing Ben Pinnington, the founder of Polaris Media, writes for Splash today on the rise of generative engine optimisation. You are not the only one reading Splash for trusted industry insight. The AI tech giants and their large language models (LLMs) are placing increasing emphasis on established and respected trade media. This is because the world ...
Crude tanker shares hit 2025 highs as VLCC and suezmax rates rise VLCC and suezmax spot rates have surprised to the upside in late August, but what's driving investor interest is the...
Zim reroutes vessels from Türkiye amid new ban on Israel-linked ships A regulatory filing by Zim on Monday confirmed that the Turkish government has banned Israel-affiliated vessels from calling at its...
China's Hengli Heavy appoints 24-year-old heir as general manager amid rapid expansion As of August, the shipbuilder ranked tenth worldwide by orderbook, with 114 vessels totaling 4.6m cgt, according to Clarksons
Daily Briefing Sea of Japan latest spoofing spot for tankers moving Russian oil | US sanctions Greek national and 'shadow fleet' tankers...
Limited mileage range of EVs slowing US drayage adoption Drayage operators say they want EV trucks because they're cheaper to operate than conventional trucks but driving ranges limit usage.
Container lines begin shifting China-built ships out of US loops The Premier Alliance is revamping a trans-Pacific service that would otherwise incur hundreds of millions of dollars in US port fees on Chinese-built vessels.
Highway latest entry in load board sector amid cargo crime rise The race among providers to provide the dominant and trusted US load board is ramping up and further fueled by growing concerns about freight theft.
US tariff deals on vehicle imports stabilizing car carrier market: Höegh Automobile carriers have benefitted from falling charter rates to meet growing outbound vehicle moves from Asia.
Investment bank praises 'excellent operator' Golar LNG - then downgrades its shares Positives abound, but strong share performance in recent weeks have pushed valuation past target
StealthGas says evidence points to 'external devices' in LPG carrier blast in Russia Incident to impact revenue but chief executive Harry Vafias touts company's favourable position to take advantage of rising demand
Amigo LNG turns to DP World for four-vessel Mexican FLNG project job Two LNG carriers to be used as storage units alongside duo of liquefaction barge newbuildings
Aristides Pittas returns to China for extra container ship newbuildings US-listed Euroseas repeats order for intermediate boxships below the price it paid in the previous round
Five sanctioned Russian LNG carriers pass through Northern Sea Route to Asia Non and lower-ice-class vessels buddy up as they battle difficult ice conditions
Marinakis' Capital Clean Energy fixes $377m of newbuilding finance as it cashes in container vessel Gas carrier company continues to offload last box ships
Older tankers could see value plunge towards scrap if Ukraine deal struck, Gibsons says UK broker tries to make sense of where markets could be heading if conflict with Russia ends
Northern Lights injects first CO2 for storage below North Sea seabed in 'exciting milestone' Two more LCO2 carrier newbuildings for project limber up in China
Turkey's Karadeniz props up Iraqi electricity supply with new power ship contract Niche player makes profitable use of former capesizes it acquired for a song about a decade ago
AXSMarine man targets extreme solo swim across Lake Geneva for Mercy Ships Andrew Cornish taking on one of swimming's most gruelling challenges next month
Shipping first: Listed shipowner adds AI engine as 'non-voting board observer' Tanker and gas carrier company claims use of system is a transformative move
Tanker sale-and-purchase activity set to snap three-year downward trend Shipowners have spent close to $9bn on tankers this year as lower prices boost activity
LNG Croatia FSRU heads offline to Turkey for upgrade and survey Regas unit not expected back until October
Analysts like what they see at BW LPG with 'spot rate bonanza' on the horizon Target price raised ahead of report
Northern Lights injects first CO2 for storage below North Sea seabed in 'exciting milestone' Two more LCO2 carrier newbuildings for project limber up in China
Shipowner and shipbuilder Marco Polo targets a Taiwan listing to expand wind vessel fleet Singapore-listed company to raise funds through IPO
Fewer VLCCs available in the Middle East as busier market pushes rates up 25% Analysts and brokers say tonnage lists are significantly shorter than 2024 average
Fledgling Greek owner Venergy expands tanker bet by declaring newbuilding options Vyron Vasileiadis fleet grows to six delivered MR vessels
LNG shipowning newcomer Kratos Gas Transport fixes out first ship Company is casting around for its next vessels and project
Chinese group invests $1bn to boost tanker shipments from Venezuelan oilfields China Concord Resources aiming to produce 60,000 bpd by end of next year
Norway's Blystad appoints finance veteran as new top boss Rune Magnus Lundetrae was CFO of Seadrill and Borr Drilling
Norway's Blystad appoints finance veteran as new top boss Rune Magnus Lundetrae was CFO of Seadrill and Borr Drilling
First photos of blaze-hit Maersk container ship emerge with fire still burning Owner says situation is stable and pictures show no sign of external damage
Chinese group invests $1bn to boost tanker shipments from Venezuelan oil fields China Concord Resources aiming to produce 60,000 barrels per day by the end of next year
Blystad appoints finance veteran as new top boss Rune Magnus Lundetrae was CFO of Seadrill and Borr Drilling
Taylor Maritime boss Ed Buttery banks $388,000 in shares as options vest Nil-cost awards also converted to bulker owner's stock for finance and strategy chiefs
Frontline suezmax ends up in Anil Sharma's hands Emirati company reported buyer of tanker giant's oldest vessel
Malaysian owner MISC mulls lay-ups as LNG carrier market remains soft Second-quarter results briefing says gas shipping is unlikely to improve for rest of 2025
Rocket-launcher-laden skiffs stalk bulker in southern Red Sea Craft spotted with rocket launchers or mounted machine guns
Boxship charter rates to come off as big orderbook becomes a factor, analysts say Fearnley Securities believes feeder player MPC Container remains in strong position
'Drunk' MSC boxship captain arrested by US Coast Guard Master charged with 'boating under the influence'
First photos emerge as fire not yet fully extinguished on blaze-hit Maersk boxship Danish owner says situation stable, as pictures show no apparent sign of external damage
Drunk MSC boxship captain arrested by US Coast Guard Master of MSC Jubilee IX detained in Seattle
Hackers 'disable' communications on more than 60 Iranian tankers and cargo ships Group called Lab-Dookhtegan say they have carried out one of the largest attacks on the country's merchant fleet
Huge fire at key Russian Baltic tanker export terminal after Ukraine drone attacks Port of Ust-Luga targeted in bombing, demonstrating Ukraine's increased reach inside Russia
Hoegh Autoliners boss Andreas Enger cashes in $4.8m shares after rally CEO holds 500,000 shares after transaction
Klaveness dry cargo chief: Operators need to act to break 'evil circle of no one making money' Bulker operators have had a bumpy time, but expectations for this year are cautiously more optimistic
Lila Global offloads capesize bulker onto recyclers with potentially more to follow Fourth giant bulker carrier sold for demolition this year
Is a major shipyard building tankers for sanctioned firm linked to Iran's Shamkhani? Samsung Heavy Industries says a confidential but non-sanctioned company is behind deal for two suezmaxes
South Carolina ports chief resigns, citing 'personal reasons' South Carolina Ports Authority President and CEO Barbara Melvin is stepping down.
Vast forwarding network helps DP World see surge in first-half profit Dubai's DP World enjoyed revenue and profit gains in the first half of the year as global container volume overcame political and logistical hurdles.
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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