MacGregor to deliver new 165-tonne AHC crane for CSOV MacGregor has secured a contract to deliver a newly developed high-performance lightweight 165-tonne active heave compensated (AHC) crane to Hong Hua Yard in China. The vessel owner is Atlantic Navigation. Equipment delivery
Baleària tests Europe's first autonomous e-methanol system on electric ferry Spanish ferry operator Baleària will incorporate Europe's first autonomous e-methanol power generation container, manufactured by the Catalan company specializing in sustainable energy solutions Methanol Reformer, into the electric ferry Cap de Barbaria. The eNomad
Scania to introduce new marine engine at WorkBoat Show Last fall, Scania launched a new 13-liter (3.43-gallon) marine engine for propulsion and auxiliary applications that it says is its most advanced marine engine yet, meeting high performance and reliability standards. Now,
Coal shipments to advanced economies to hit 23-year low Coal shipments to advanced economies are set to fall 2% in 2025, reaching a 23-year low, according to BIMCO. This marks the third consecutive annual decline, though the pace has slowed. The drop is mainly due to weaker coking coal demand as steel production slows. Global steel output fell 2.1% year-on-year from January to October. Coking coal imports to advanced economies dropped sharply: 3.4% in
HGK-Group and Port of Rotterdam team up HGK-Group and the Port of Rotterdam have signed a Memorandum of Understanding to develop climate-friendly supply chains along the Rhine. The partnership focuses on decarbonizing industry through sustainable transport routes and joint investment in green fuels, hydrogen, CCUS, and renewable energy. Steffen Bauer, CEO of HGK-Group, said the collaboration will create resilient supply chains, efficie
Tanzania to start constructing new port in December Tanzania will commence construction of a new port in the east of the country in December, a senior government official announced, ending a decade of delays due to government objections to the initial contract terms agreed with foreign developers. According to Reuters, Bagamoyo port, part of the large-scale special economic zone initiative involving industrial parks and rail and road links, is loc
Inchcape Shipping Services opens new office in Geoje, Korea Inchcape Shipping Services has opened a new office in Geoje, Korea, increasing its South Korea presence to three locations, alongside Seoul and Busan. The office enhances coverage of 23 ports nationwide and positions Inchcape at the heart of Korea's shipbuilding and offshore sector. Geoje is a strategic hub for LNG carriers, container ships, naval vessels, and offshore platforms. Inchcape has sup
METRANS and INTERPORT modernise key terminal in eastern Slovakia METRANS, the rail logistics subsidiary of HHLA, and INTERPORT Servis s.r.o. have launched a joint project to modernise an intermodal terminal near Ko�ice in eastern Slovakia. The partners aim to create a new logistics ecosystem that strengthens the region at the EU's eastern border. The upgraded site, named TIP Ko�ice, will serve as a major hub for international transport and a model for integrat
Australia's Macquarie bids $7.5 billion for logistics group Qube Shares of Australian industrial logistics group Qube Holdings hit an all-time high after the company said it received a buyout bid from Macquarie Asset Management (MAM) valued at A$11.6 billion ($7.5 billion), according to Reuters. Qube shares surged as much as 19.7% to reach a record A$4.89, closing at A$4.86, compared with a 1.3% rise in the benchmark stock index. The cash offer of A$5.20 per s
Jebel Ali sets breakbulk record of 630,000 tonnes DP World's Jebel Ali Port set a new breakbulk record in October 2025, handling 630,000 tonnes, the highest monthly total in nearly 20 years. The surge reflects strong industrial and construction activity in the UAE, with increased imports of iron and steel for projects like the Dubai Metro Blue Line and DWC airport expansion, along with higher sugar exports. Breakbulk volumes rose steadily after
WCI holds steady as TP and Asia-Europe rates offset each other The Drewry World Container Index (WCI) remained stable in Week 47 at $1,852 per FEU, as Japan International Freight Forwarders Association (JIFFA) reported. Lower trans-Pacific rates and higher Asia-Europe rates balanced each other. The index is down 46% compared to the same week last year. Spot rates on the trans-Pacific trade fell for the second week in a row. Shanghai to New York dropped 10% (
How US-China trade war triggers registry realignment Singapore's 24.7% fleet expansion versus Hong Kong's 12.6% contraction in 2025 exposes how vessel registration has transformed from administrative choice to strategic positioning with shipping companies treating flag selection as insurance against tariff weaponization rather than tax optimization
Godby Shipping signs one-year time charter with Stena Line for Mistral Godby Shipping has entered into a one-year time charter agreement with Stena Line for the roro vessel Mistral, with an option for the charterer to extend the deal beyond the initial term. The vessel will join Stena Line's service between Europort Rotterdam in the Netherlands and Harwich in the UK, supporting one of the operator's key North Sea routes. Before the charter begins, the Mistral will
Toll Group and Origin Energy launch electric truck for LPG delivery New Electric Truck Joins Fleet Toll Group has added a Volvo FE Electric 4�2 rigid truck to its fleet to support Origin Energy's LPG cylinder deliveries. The truck is designed for urban routes and LPG-specific requirements. It offers a daily range of 200-275 km per duty cycle and reduces 39 tonnes of CO2 annually compared to conventional vehicles. Practical Solution for Heavy Logistics "This proje
Wan Hai 503 continues controlled discharge as recovery efforts progress Cargo discharge operations aboard the Wan Hai 503 are moving forward under the supervision of specialist teams as the vessel undergoes a complex post-incident recovery process. According to Wan Hai Lines, several hatch covers and containers were either deformed or melted during the fire, requiring extensive cutting and removal before lifting operations can safely begin. This has added significant
CMA CGM launches new Que Vo-Haiphong barge service CMA CGM has announced the launch of a new barge service connecting Que Vo to Haiphong, expanding its inland network in Vietnam and strengthening links between key northern industrial zones and the U.S. market. The service is designed to support manufacturers and exporters in areas such as Bac Ninh, Hanoi and Phu Tho, offering a faster and more cost-efficient alternative with a reduced environment
Black Friday has arrived at Container News Black Friday is live at Container News, and this year's offer, is the one you don't want to sleep on. For a limited time, we're giving you 30% off on all CN Premium Packages , unlocking full access to exclusive reports, deep-dive analyses, market intelligence, interviews, carrier performance insights, and the complete CN Magazine archive. The discount is available until 2 December, make sure to u
DHL to invest EUR 130 Million in new logistics hub at Saudi Arabia's SILZ Major Investment to Support Saudi Vision 2030 DHL Supply Chain will invest EUR 130 million (561.5 million SAR) to build a new regional logistics and distribution hub at Saudi Arabia's Special Integrated Logistics Zone (SILZ) in Riyadh. The company signed a long-term land lease agreement with SILZ, reinforcing its commitment to supporting Saudi Arabia's Vision 2030 and the Kingdom's ambition to be
ONE issues official customer notice following ONE Henry Hudson fire Ocean Network Express (ONE) has released an official customer advisory following the previously reported fire incident involving the ONE Henry Hudson on 21 November 2025 at the Port of Los Angeles. In the statement, ONE acknowledges that some containers on board may have been affected, though the full extent of the impact is still being assessed. Investigations into the vessel and cargo condition
CN Magazine - December 2025: A Year-End Issue Packed With Insight Container News closes 2025 with a powerful December issue that examines the forces shaping global trade as the industry heads into the new year. This edition features an exclusive interview with Axel Mattern, CEO of Port of Hamburg Marketing, offering a strategic look into port performance, regional competitiveness, and expectations for 2026. The magazine also delivers full coverage of Q3 financi
Konecranes unveils new electric reach stacker Konecranes has launched a new electric reach stacker, expanding its fully electric lift truck portfolio. The model is built for high-intensity use and delivers up to 16 hours of operation on a single charge. Konecranes presented the machine to a select audience in Shanghai on November 19. The reach stacker is now available in Asia-Pacific, the Middle East, Africa and South America. The company pl
MSC to introduce Peak Season Surcharge on exports from Beira MSC has announced the introduction of a Peak Season Surcharge (PSS) on all export cargo moving from the Port of Beira to destinations worldwide, as part of efforts to maintain reliable and efficient service levels during high-demand periods. Effective 1 December 2025, the surcharge will be applied at a rate of USD 500 per unit for all global destinations. For shipments from Beira to the USA and P
Jambojet joins Freightos WebCargo, expanding digital cargo access Freightos announced that Jambojet Cargo has joined WebCargo by Freightos, giving freight forwarders instant digital access to the Kenyan carrier's regional cargo network. Jambojet Cargo now offers real-time rates and instant booking for nine key routes across Kenya and Tanzania. Operating from its Nairobi hub, the airline serves Mombasa, Kisumu, Eldoret, Malindi, Diani, Lamu, and Zanzibar. It tra
Maersk holds off on date for Suez return A Maersk spokesperson says the company has not set a firm date for resuming Suez Canal sailings, despite the Suez Canal Authority announcing an early-December comeback for the Danish carrier. In a statement, Maersk said it intends to restore navigation on the East-West corridor "as soon as conditions allow," stressing that crew safety remains the ...
Jinhui continues to trim older tonnage with $10.3m supramax disposal Jinhui Shipping & Transportation has offloaded another ageing supramax as it continues to trim older tonnage and push ahead with its fleet renewal plan. The Oslo-listed, Hong Kong-based owner said it has struck a deal to sell the 2008-built Jin Sui, a 56,968 dwt vessel constructed at Shanghai Shipyard, to Forever Win Shipping for $10.3m. ...
Precious Shipping snaps up ultramax newbuild resales Thailand's Precious Shipping is pushing ahead with its fleet-renewal drive after agreeing to buy two ultramax newbuilding resales under construction in China. The Bangkok-listed owner said the vessels - being built at Jiangsu Yangzi-Mitsui Shipbuilding (YAMIC) - will join the fleet through its wholly owned Singapore subsidiaries. The ships are understood to come from Singapore-based ...
Maran Tankers joins VLCC rush with four newbuilds at Hanwha Ocean Maran Tankers has stepped back into the VLCC newbuilding market, sealing a four-ship deal at South Korea's Hanwha Ocean after a four-year pause from ordering in the segment. Hanwha Ocean confirmed the contract on Monday, detailing a KRW 757.7bn ($516m) package for four 320,000 dwt crude carriers. The price works out at about $129m per ...
Storied VLCC sold below book In the secondhand wet market, recent fixtures indicate firmer sentiment for modern tanker tonnage, but the outlook appears a bit different for older units. A 15-year-old VLCC registered in Hong Kong, the Oceanic Fortune, is widely reported to have been sold. Numerous broking sources suggest the vessel is changing hands for around $57m, roughly $1mbelow ...
Alex Gregg-Smith to head up Bureau Veritas Marine & Offshore Alex Gregg-Smith will take over the reins at Bureau Veritas Marine & Offshore from Matthieu de Tugny in the new year. Gregg-Smith will relocate from Shanghai to Paris as he takes over the president role at the shipping class society, reporting to de Tugny, his predecessor in the role, who has now become executive vice-president, ...
Why crew wellbeing is a commercial and ethical imperative Burcu Kula Akbas, an expert clinical psychologist, and Murat Bingül, senior psychological counsellor with the AVS Global Ship Supply team write for Splash today. Shipping is often described in hard numbers, billions of tonnes of cargo moved each year, thousands of voyages completed, hundreds of ports connected. Yet behind every statistic are the people who ...
More LR2s pivot from clean to dirty as aframax rates outperform Aframax rates are heavily outperforming LR2 rates, prompting a larger-than-usual migration of coated tankers from clean to dirty trades
Spoofing gas carrier brings first Baltic LPG cargo to China in years A gas carrier that spoofed its loading in the Baltic in October delivered what is likely the first Russia-origin LPG...
Two more P&I insurers unveil rate hikes Both Swedish Club and American Club seeking higher premiums
Coal shipments down as global steel production falls Predictions the seaborne coal trade had already peaked may have seemed premature earlier in the year, but the data is...
P&I cheaper than 30 years ago, insists Gard's Roppestad Real terms cut made possible by three decades of political stability, says world's largest marine insurer
Boxship charter market defies seasonal slowdown As the year enters a period that typically sees declining activity, the containership charter market remains robust
Hanwha boosts US capital to expand shipbuilding and defence push The move deepens the conglomerate's US push in shipbuilding and defence, centred on Hanwha Philly Shipyard and growing work for...
South Korean coastguard issues arrest warrant for master of grounded ferry An investigation revealed the first mate had been looking at his phone while navigating the vessel using the autopilot
Reflections from Tokyo: when policies move faster than ships In a world where policies move faster than ships, adaptability might have become the industry's most valuable cargo
SGP breaks ground on $346m expansion in Dammam The port has handled 15m teu cumulatively since operations began in 2015
The Daily View: Peek-a-boo
Singapore awards three methanol bunkering licences Three out of 13 applicants were selected to support Singapore's goal of 1m tonnes of methanol bunkered per year by...
Daily Briefing NYK holds back from Red Sea as president Soga warns security 'far from ideal' | Banks in 'race to the...
Zim says reviewing buyout offers, including one from CEO Eli Glickman's buyout proposal first surfaced in Israeli media reports back in August, with his offer said to be around $20 per share, which would value Zim at $2.4 billion.
Sharp drop in Q3 profits signals tough 2026 for oversupplied ocean carriers While liners will remain in the black this year, the growing capacity overhang and weak demand expectations will undermine rate-increasing efforts through 2026, analysts say.
Battery storage cargoes to power up MPV, heavy-lift sector Projected global growth of grid-scale installations over the next five years indicates cargo volumes will rise dramatically with the continued investment in solar and wind energy.
Safe Bulkers profit recovers from in third quarter thanks to vessel sales and better markets US-listed company keeps steering clear of geopolitical hot spots but 'monitors' situation for eventual return
Zim shares soar to six-month high after takeover bid Analyst says a proposed take-private transaction could be complicated
UK authorities in manhunt after two men sentenced over heroin-laced juice shipments British police arrested father and son as shipping container unloaded in Birmingham
Even with setbacks, US shipyard support remains at historic levels Some see suspended port fees as key to funding revitalisation of yard sector
Red Sea return to take 'quarters, not weeks', as good news trickles in Ship operators need proof that fragile Israel-Hamas ceasefire will hold
Stealthgas sells ship and seals charter deals for five vessels Greek owner reported a year-on-year rise in profit
UK and TT Clubs in merger talks to create giant transport mutual Discussions mark the first major market move since the creation of NorthStandard in 2023
Precious Shipping splashes $74m on ultramax resales as it sheds older bulkers Thai owner says renewal move will rejuvenate dry cargo fleet
Ismini Panagiotidi spin-off raises cash for purchases via US investor stock deal Greek bulker owner Icon Energy has so far sold 132,000 shares to US investment group
TotalEnergies pulls underused FSRU out of French port Regasification unit is 'no longer needed' but is expected to be in high demand
Tankers set for boost from tight diesel supply in Europe, says BRS EU nations should continue to ship in US barrels as ban looms on fuel derived from Russian crude
Golar LNG wraps up $1.2bn refinancing deal for FLNG unit Company's second production unit has already produced 14 cargoes
Japanese mutual blames rising costs for 'essential' premium rise The only Asia-headquartered P&I Club says that it has focused on building strong financial foundations
Maersk paves the way for a full Red Sea return with Suez Canal deal Resumption of traffic 'will proceed as soon as conditions allow'
Zim chief executive and shipowner Rami Ungar table takeover offer Rumours of a take-private deal had been circulating for months
'Trump is right': Norwegian shipping rallies for domestic ownership Wealth tax is creating a paradox for shipowners in maritime superpower
Hong Kong owner quits capesize segment with sale of only vessel Bulker newbuildings are delivering to South Korean-origin owner, but none are capesizes
'Intense bidding' for anchor-handler kicks off latest ICBC auction round Singapore buyer succeeds with $9.5m bid for the Bourbon Gomen on Shipbid website
Global boxship fleet hits all-time high as deliveries dwarf demolitions Liner companies now own twice as many ships as tonnage providers
Chinese LNG carrier heads for Suez Canal as laden sanctioned ship moves southbound Are gas carriers prepared to make a return to key waterways, or is it becoming an exclusive passage for Russian-linked LNG tonnage?
'Massive' Black Sea drone blitz forces key pipeline to suspend loadings Action thought to be temporary following strikes on Novorossiysk and other Russian facilities around the Black Sea
Cido Shipping tipped for double VLCC sale as dealmaking steps up a gear Asset values remain strong as the spot market strengthens
Dramatic rescue from stricken boxship nets bravery award for helicopter crew South Korean seafarer who rescued 12 people from upturned fishing vessel is unable to collect award following accident on ship
BW LNG confirms newbuilding brace at HD Hyundai Company says vessels will feature 'some interesting technical options'
Hafnia tied to two product tanker disposals in resurgent S&P market BW Group-backed owner said to have continued moving on older ships
'Punishable by DEATH!': Ships for America Act leader sails to the top of Trump's enemies list 'I never thought I'd see a president call for my execution,' senator Mark Kelly says
LNG carriers will not see meaningful rate improvements until 2027, Clarksons says Analysts cast an eye over the sector as they start coverage of Evangelos Marinakis' Capital Clean Energy Carriers
Unipec swoops for VLCC trio as spot rates hit new high Market direction hangs in the balance as Chinese charterer picks off compliant tonnage
Ray Car Carriers jumps onto VLCC bandwagon with HD Hyundai orders Company now has eight giant crude carriers on order at HD Hyundai Samho
New Ukrainian drone attack on Russia's Novorossiysk port damages bulkers Russian Black Sea terminals subjected to third drone strike this month, with no disruption of oil exports reported so far
$1bn bulker giant: Why analysts say Diana's bid for Genco makes commercial sense Deal would form a large and diversified dry bulk owner
Shadow fleet tankers resume loadings at key Russian port following drone attack Two vessels tracked exporting oil products from Tuapse in Black Sea
Class society Lloyd's Register faces strike as talks over pay break down Union says Rotterdam port services and offshore projects at risk
Fire burns for fourth day on Ocean Network Express container ship Authorities continue to monitor air quality to ensure safety of port workers and surrounding community
DNB and Nordea lead $1.1bn takeover war chest in Diana's pursuit of Genco Facility would cover purchase cost of remaining Genco shares plus refinance New York owner's existing debt
New Ukrainian drone attack on Russian port damages bulkers Russian Black Sea ports subjected to third drone strike this month, with no disruption of oil exports reported so far
Tanker stocks hit too hard as Ukraine peace talks intensify Fearnley Securities' Fredrik Dybwad believes Frontline dip provides opportunity to buy stock
Killing the golden goose? Crude tanker orderbook hits nine-year high Newbuilding slate may appear too large, Bimco says, as rates continue to ride high
Hong Kong strengthens green fuel bunkering aspirations Region seeks to be the next generation bunker hub using mainland China future fuels
Frontline chairman Ola Lorentzon cashes in options worth $700,000 after stock rally Cash will be directed to pay tax, tanker giant says
Mitsui OSK Lines opts to recycle tanker rather than risk it having a dubious afterlife Brokers say company would not entertain trading offers for 25-year-old MR2 tanker to avoid potential dark fleet sale
Master of South Korean ferry that slammed into island faces arrest Initial investigation finds accident occurred when officer on watch was distracted by his mobile phone
MISC explains 'deliberate' cashflow strategy behind eco tanker orders and charters Malaysian giant says dual-fuel capability now contracted in all its tanker sectors
Compliance, clarity and capacity: Hard questions dominate TradeWinds Ship Recycling Forum Two-day event in Hong Kong ends with calls for alignment as industry braces for market turbulence
'Everybody wants everything': Newbuilding demand bounces back after cautious first half With the second six months shaping up to be a hottie
Authorities continue to monitor air quality to ensure safety of port workers and... Authorities continue to monitor air quality to ensure safety of port workers and surrounding community
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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