Four-stroke Wärtsilä ammonia engine now delivers 90% GHG emissions reduction Wärtsilä reports that its ammonia-fueled four-stroke engine now delivers higher than ever levels of efficiency and performance. Following its introduction to the commercial marine sector in November 2023, the Wärtsilä 25 ammonia
Damen Galati launches another BC Ferries Island class ferry Damen Shipyards Galati in Romania launched the latest Island Class Ferry for BC Ferries on May 22. The vessel, a Damen RoRo 8117 E3, will become the seventh Damen vessel to sail
Darwin port dispute signals a strategic setback for China's global port diplomacy The looming reversal of China's ownership over Darwin Port in northern Australia has stirred geopolitical ripples far beyond the shores of the Timor Sea. In April, Prime Minister Anthony Albanese reaffirmed his government's intention to bring the port back under local control, citing national interest grounds. This move, which has drawn sharp criticism from China's ambassador to Canberra, marks m
Global Ro-Ro community unveils standard methodology for measuring GHG emissions from Ro-Ro vessels The Global Ro-Ro Community whose six member organizations are Eastern Car Liner Ltd., Kawasaki Kisen Kaisha, Mitsui O.S.K. Lines, Nippon Yusen Kabushiki Kaisha, Wallenius Wilhelmsen ASA, and ClassNK has released new guidelines for calculating greenhouse-gas emission intensity from Ro-Ro vessels such as car carriers. Developed in collaboration with the international non-profit Smart Freight Centre
Global Container Lines Rankings by TEU Capacity In the dynamic world of global shipping, container lines are the arteries of international trade. The latest Container Lines Rankings by TEU capacity reveal the current landscape of major shipping players, with notable shifts in market share and fleet expansion. Here's a breakdown of the top 10 container shipping companies as of May 2025, based on the data sourced from AlphaLiner and presented by
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CMA CGM announces updated peak season surcharge from Asia to West Africa CMA CGM announces an update to its Peak Season Surcharge for shipments from Asia to West Africa. Effective from June 7, 2025, until further notice, the following surcharge will apply on cargos moving from North East Asia, South East Asia, China and Hong Kong & Macau SAR with final destination to West Africa. The surcharge amount will be at US$ 800 per TEU applied to dry cargos and only for short-
MSC announces peak season surcharge on North Europe to Greece MSC Mediterranean Shipping Company will implement a Peak Season Surcharge due to sustained strong demand on the trade lane from North Europe to Greece. Effective from 16 June 2025 and until further notice, the following surcharge rates will apply to all types of cargo, including reefer and special equipment: EUR 100 per 20' container, EUR 150 per 40' container and EUR 200 per 40' reefer container
CMA CGM's 2025 expansion: Commercial diplomacy in the service of western geostrategy In a year marked by intensifying geopolitical competition in global trade, CMA CGM has undertaken a series of expansive initiatives that go well beyond commercial logic. Its 2025 investment footprint reveals a deeper alignment with Western strategic objectives, particularly those of the United States, aimed at counterbalancing China's maritime influence. Through critical infrastructure deals, fle
Piraeus port announces resumption of operations at floating dock "Piraeus II" in Perama ship repair zone The Piraeus Port Authority has officially resumed full operations at the Floating Dock "Piraeus II" in the Perama ship repair zone, following the successful completion of extensive maintenance and repair works. These works were carried out as part of a scheduled special survey, culminating in the issuance of a new five-year operational certificate by the relevant Classification Society. Marking t
Old Tweets Haunt? I Call in the Cleanup Crew Since I have come across Tweet Delete, I did not know that I have built up so much digital litter overtime. My twitter feed was like a virtual scrapbook of random thought, ancient opinions, and dead inside jokes. What had begun as mindless scrolling turned into a nerve-wrecking, memory lane. That is when I discovered Tweet Delete - a tool that offered to ease my online life. Spoiler alert: it did
AM Green and port of Rotterdam Authority to build green energy supply chain AM Green and the Port of Rotterdam Authority have signed a Memorandum of Understanding to establish a green energy supply chain between India and Northwestern Europe, with Rotterdam serving as the central hub. The agreement aims to enable the annual export of up to 1 million tons of green fuels, including bunkering fuels and Sustainable Aviation Fuels. The partnership will also assess the infrast
Construction begins on CO2 backbone in Antwerp port through joint initiative by Fluxys Belgium, Pipelink, and Air Liquide Fluxys Belgium, Pipelink, and Air Liquide have partnered to launch Fluxys c-grid Antwerp, a joint venture dedicated to developing and operating a CO2 pipeline network within the Port of Antwerp. This infrastructure will link industrial facilities to permanent underground carbon storage solutions, forming a critical component of the CO2 value chain in the region. The pipeline network will enable t
News Russian strikes on Odesa and Chernomorsk ports The Ukrainian ports of Odesa and Chernomorsk were hit in the latest wave of Russian airstrikes, described as among the most extensive since the war began. Russia's Ministry of Defense claimed the attacks were aimed at military targets, including a vessel allegedly carrying drones and other military supplies. In response, Oleksiy Kuleba, Ukraine's Deputy Prime Minister for Reconstruction, condemne
Seacon signs for Japanese handy newbuild China's Seacon Shipping is growing its dry bulk fleet with a handysize newbuilding project in Japan. The Hong Kong-listed, Qingdao-based owner and operator has contracted a single 40,300 dwt double hull bulker at Imabari Shipbuilding for $35m. The newbuild, which Seacon says will be fuel-efficient and built to meet the latest environmental regulations, is scheduled ...
LS Marine Solution readies $252m for Asia's largest cable layer South Korean subsea cable contractor LS Marine Solution has revealed plans to build one of the world's largest cable-laying vessels (CLVs). The company said in a stock exchange filing on Tuesday it would invest KRW345.8bn ($252m) in a 13,000-ton-class newbuild, which will rank among the top five globally and be the largest in Asia in ...
Energy Holdings lines up drilling contract Energy Holdings, a company created through a merger of Marine seismic player SeaBird Exploration and Singapore's tender drilling rig specialist Energy Drilling, has lined up its first deal. The company said in a filing that Energy Drilling has secured a letter of intent with an undisclosed client for a multi-year offshore drilling contract, which is ...
Adnoc Drilling clinches $1.15bn jackup rigs deal UAE-based Adnoc Drilling has landed a $1.15bn jackup rig contract from state-owned Abu Dhabi National Oil Company (ADNOC). The deal will see the ADX-listed largest national drilling company in the Middle East by rig fleet size provide two rigs to ADNOC Offshore for 15 years. The contract is part of ADNOC Offshore's ongoing efforts to ...
Anhui's Dongfang shipyard reemerges with new backers A new shipyard in China's Anhui province has won its first overseas orders. Zongyang Shipyard has clinched a deal with Singapore-based Winning International to build four 12,000 dwt deck cargo carriers. The greenfield site will deliver the ships in 2026 and 2027, according to Clarksons Research. No price has been revealed. Anhui P&S Sealand launched ...
MR tanker sales candidates proliferate The medium range (MR) tanker sale and purchase sector is showing signs of heightened activity. A growing number of Korean-built MR tankers-both older and newer-are being put up for sale, leading to a saturated market of sale candidates. Yet, prices have held surprisingly steady, buoyed by persistent demand for tonnage. Japanese shipping giant Nippon Yusen ...
MSC spending spree leaps higher Mediterranean Shipping Company (MSC), the world's largest containerline, has embarked on its most aggressive acquisition campaign of the year, snapping up more than 10 panamax and post-panamax vessels in May alone, according to sales registers and shipbrokers. The buying spree, described as the busiest of 2025 so far, includes a mix of chartered vessels MSC ...
China United Lines reenters booming transpacific trades China United Lines (CUL) is making the most of the boom times suddenly being seen on the transpacific, with news from Linerlytica, a consultancy, that it reenter the tradelane with the launch of its Trans Pacific West Coast 1 (TP1) service calling at Shekou, Ningbo, Qingdao, Long Beach, Shekou from June 7, using up to ...
From BYOD to BYON and autonomous ships How hybrid connectivity unlocks the future of maritime operations. By Tristan Wood, founder and CEO of connectivity specialists Livewire Digital. A decade ago, the idea of a crew member's smartphone on the bridge sparked panic among ship operators worried about data bills, security breaches and social-media distractions. Yet today, Bring Your Own Device (BYOD) has ...
Russian naval escorts raise stakes in Baltic security stand-off Increased naval patrols has turned the Gulf of Finland into a testing ground for how far Russia and Baltic coastal...
Cosco hopes US-China talks can defuse looming port fee crisis Cosco chairman hints that ongoing China-US trade talks may help resolve the challenge of steep new US port fees targeting...
Seanergy eyes stronger quarters ahead after dipping into the red Capesize specialist declares 14th straight quarterly dividend against improving market backdrop
IMO fuel rules put ammonia in the lead by 2037, says GMF The Global Maritime Forum says LNG and ammonia are the most competitive ways to comply with the new IMO green...
Why doing nothing about decarbonisation is now the most expensive option The details of shipping's net zero trajectory remain riddled with uncertainties, but when has shipping ever relied on certainty? This...
Steamship 'sanguine' about underwriting loss, says Andrews While big claims necessitate big payouts, P&I clubs are in the business of providing liability cover, says Steamship Mutual chief...
Greek banks gallop on Bank lending to Greek shipowners grew by 5% last year, but Greece's own banking sector expanded its exposure to the...
Transpacific carriers rush to redeploy tonnage amid demand surge Transpacific carriers are ramping up capacity to meet surging cargo demand following a temporary pause in the China-US trade war...
Cook Islands registry 'at loss to understand' reason for RISC ejection The Cook Islands registry has confirmed it was removed from the Registry Information Sharing Compact, and provided a response to...
The week in charts: Seafarer abandonment a rising problem in small registries | Egypt insists Red Sea security dynamics have shifted | Boxship recycling nosedives Tanzania, Cameroon, Comoros, Palau, and St Kitts and Nevis are worst on an abandonment per vessel ratio; Suez Canal traffic for...
Greece-owned merchant fleet navigates shifting trade lanes Latest Lloyd's List Intelligence vessel-tracking data shows how Greece-owned tonnage has traded during 2024
Bohai Leasing quits container sector with $1.8bn sale of Seaco Textainer's acquisition of Seaco boosts fleet to 6.9m teu, nearing Triton's market share
Lack of independent funding holding back human rights progress in shipping Founder of Human Rights at Sea said his organisation had funding cut if what it found didn't suit its donors
Ocean carriers bring in more trans-Pacific container services amid rate surge Whether the expected capacity injection on tap for June is enough to stem further rate increases remains unclear.
CMA CGM signs deal to develop $600 million Haiphong terminal complex The facility, the carrier's first investment in northern Vietnam, will have a combined capacity of 1.9 million TEUs when operational in 2028.
HMM adds to boom in intra-Asia services with China-Singapore-Indonesia loop The Seoul-based carrier is teaming with Singapore's PIL and X-Press Feeders on a new service that will be inaugurated from Tianjin on June 19.
CMA CGM unveils plans for Suez return on India-Mediterranean service The Marseille-based carrier has finalized operational plans to shift vessels deployed on its MEDEX service back to the normal sailing journey through the Suez Canal beginning next month, sources say.
SCI $1bn newbuilding push underway with first approach to shipyards State-backed shipping giant mulls order for up to six vessels
Cash injection of $18.5bn needed to scale up Indonesian maritime industry Ports, shipyards and fleet renewals all on the cards to raise the standards of Indonesia's maritime sector
China United Lines, Maersk and Hapag-Lloyd join transpacific bonanza Ongoing surge of capacity could see spot rates peak in early June before softening
New IMO policies make ammonia and LNG leading alternative fuels for shipping, report finds Global Maritime Forum's Getting to Zero Coalition says ammonia wins on cost competitiveness after mid-2030s
Golar LNG discussing FLNG designs from conversions to newbuildings Company could ink contracts on one if not two more units in 2025
New IMO policies make ammonia and LNG as leading alternative fuels for shipping, report finds Global Maritime Forum's Getting to Zero Coalition says ammonia shifts wins on cost competitiveness after mid-2030s
Golar shifts into yellow jersey position in FLNG stakes, says Tor Olav Troim Chairman talks 'massive' growth potential, smart C-suite line-up and some company history
George Procopiou-backed Dynagas LNG Partners buys out preferred shareholders as cash pile grows New York-listed company's six large gas carriers are fully booked for at least three more years
Golar LNG set to greenlight FLNG conversion charter in 2025 Company is weighing up ordering additional units this year
Russian-operated container ship emerges with new Hong Kong owner Sale comes as Russia's Panda Express Line retrenches operations with closure of liner service
Odfjell bullish on chemical tankers as key cargo volumes set to grow Rates remain above historical levels despite dropping from peak
Carnival sticks to efficiency and LNG path as it waits for details from IMO Cruise giant buys bio-LNG volumes to meet European carbon regulations
Capesize owner Seanergy pays dividend despite spilling red ink in first quarter Public bulker company expects 'meaningful improvement' in future earnings
Isle of Man flag scoops three new Pritchard-Gordon methanol product tankers Ship registry says next-generation vessels fit its green focus
Total shipping losses hit record lows despite armed threats Rogue states and proxies could mimic the disruptive tactics of the Houthis, warns insurer Allianz
Angelicoussis VLCC linked to Petrobras term deal at market-beating rate Greek owner said to have lined up two-year fix for one of its big tankers
Sumitomo shipping arm Triton Navigation sells ultramax bulker This is only the second vessel sold by Triton in three years
'Naive' Greek owner George Gialozoglou admits breaching 'red lines' over Iran tanker trading Greek owner tells English court that cargo origins were 'disguised'
Germany fires up new FSRU-based terminal with jetty-less connection ECOnnect Energy sees its system put into operation transferring gas onshore
NYK-backed Saga Shipholding shifts entire 32-ship bulker fleet to Bahamas flag Registry hails milestone deal involving Norwegian-based company
'Bad actors' getting better at disguising activities, says shipping insurer Nordisk Defence Club says its work on transaction checks has increased
Leonhardt & Blumberg denies adding to methanol-ready product tanker order in China German owner was said to have added two more MRs to series at GSI Nansha
John Fredriksen, Idan Ofer and Wilhelmsen sell Edda Wind shares to new joint venture as ownership hits 95% Norwegian SOV owner's big shareholders consolidate holdings in Electric takeover vehicle
ESL fixes $80m loan to fund series of methanol-powered handysize bulkers Finnish owner says it has continued its collaboration with Svenska Skeppshypotek
Robbers tie up and injure seafarers in cargo ship raid Armed gang looted the Shejyoti for two to three hours while crew was captive
Fake seafarer document scam probe launched in Netherlands Officials detect 2025 applications for papers using forged company logos
Worker killed and two injured in blast on US sewage tanker Explosion occurred while waste disposal ship was docked in New York
Wuhu Shipyard sees off rivals to bag chemical tanker newbuildings Dingheng Shipping will be operating the 6,600-dwt chemical carriers
Seacon Shipping orders handysize bulk carrier at Imabari Shipbuilding The Japan-built handysize will cost $35m
MOL doubles VLGC newbuilding orderbook with six-ship swoop Japan's rising demand for ammonia imports is believed to be behind order spree
Shipping arm of power company PLN Energi mulls purchase of secondhand bulkers Indonesian coal production is rising and more vessels are needed to service domestic ports
CMA CGM developing $600M Vietnam container terminal French container line CMA CGM is partnering with Saigon Newport Corp. on a $600-million container terminal project in north Vietnam.
Purolator targets summer service for initial ATR converted freighter Purolator's airfreight partner in western Canada is modifying turboprop aircraft for parcel transport as part of a fleet modernization.
Maersk, Hapag-Lloyd partner on new Asia-Long Beach service Maersk (OTC: AMKBY) and Hapag-Lloyd (OTC: HPGLY) announced new container services from East Asia to the U.S. Port of Long Beach. The additions by the Gemini Cooperation partners, which include the redeployment of at least one ship back into the eastbound trans-Pacific to U.S. West Coast trade, come as carriers scale up during a 90-day [...]
Texas, Louisiana Gulf Coast ports post mixed results for April Ports in Houston and Corpus Christi reported a rise in cargo volumes during April, while New Orleans posted a slight decrease.
Maersk more than halfway through $1B stock buyback A.P. Moller-Maersk, parent of the world's second-largest shipping line, said that as of late May it has bought back almost $600 million worth of stock.
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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