USCG Arctic District responds to Chinese research vessel Xue Long 2 The U.S. Coast Guard reports that this past Friday it detected and responded to the China-flagged research ship Xue Long 2 on the U.S. Extended Continental Shelf (ECS) in the U.S. Arctic,
Why Houthi attacks are not likely to cease soon With the Houthis escalating their attacks on commercial vessels, global shipping firms are being forced to make hard choices regarding their operational focus amid rerouting, absorbing high insurance premiums, or gambling with transit through one of the world's most volatile corridors. Despite months of military responses and international outcry, the Iran-backed Houthi movement remains operation
China-India capacity expands in line with bilateral trade Several intra-Asia carriers have enhanced their China-India connections to tap into growing Chinese exports to India. Evergreen Marine Corporation (EMC) and Emirates Shipping Line have started a China-India Express service to connect southern China with the Indian west coast. Marketed as China Subcontinent Express (CSX) by EMC and China-India Express Service 8 (CIX8) by ESL, the service started o
Vietnam's business aviation: Navigating uncharted territory Vietnam's business aviation sector represents "uncharted territory" where significant risks coexist with exceptional rewards, according to Quang Le, Key Account Manager at the Ho Chi Minh City office of international flight brokerage firm Chapman Freeborn. What should potential investors know about this high-potential market? From zero to growth: Vietnam's business aviation development The evolut
We asked AI: What if shipping containers were beach toys? Shipping containers are made to travel. By sea, rail, or road. But what if they took a break from the global supply chain? What if they ended up... on the beach, as children's toys? The bucket-container Shaped like the real thing. Square, sturdy, with a handle. A kid fills it with sand and flips it over. One container becomes a mini terminal. A whole fleet builds a castle. Written on the side in bo
MSC's fleet overhaul could reshape operational equilibrium MSC is reportedly planning to order up to 120 new feeder vessels ranging from 1,100 to 5,000 TEUs. This "megaproject," reported by broker Braemar, would not only replace MSC's aging feeder fleet, now averaging 22 years old, but potentially redraw the operational and competitive map of global shipping. While this could be framed as a logical fleet renewal, the implications of this move go far beyo
The high-stakes chess game behind Hutchison's mega deal A global tug-of-war over maritime infrastructure is quietly unfolding at the Panama Canal. What began as a routine corporate divestment has morphed into a high-stakes contest between Washington and Beijing, threatening to reshape trade corridors, reconfigure global influence, and test the fragile balance of power across Latin America. Control over nearby terminals offers a geopolitical lever in g
ClassNK backs Rakuten Maritime's cybersecurity tool ClassNK has awarded its Innovation Endorsement for Products & Solutions to 'CYTUR-MCTI', a new maritime cybersecurity tool developed by CYTUR in partnership with Rakuten Symphony. This endorsement supports the rollout of new tech in the maritime space. It gives third-party recognition to innovative products that enhance safety, efficiency, or resilience. What CYTUR-MCTI Does CYTUR-MCTI provides r
EU and US strike trade deal with 15% tariffs on European exports The United States and European Union have reached a new trade agreement, introducing a 15% tariff on all EU goods exported to the U.S., following high-stakes negotiations between President Donald Trump and European Commission President Ursula von der Leyen. As reported by the BBC, the agreement was reached during private talks at Trump's Turnberry golf resort in Scotland. The deal reduces previou
Port of Barcelona sees strong trade growth The Port of Barcelona reported solid growth in container traffic and accelerated infrastructure investments during the first half of 2025. Double-Digit Growth in External Trade Export and import container traffic rose 10% compared to the same period last year. Full exports hit 365,062 TEUs, up 8%. Imports climbed 12% to 356,399 TEUs, bringing the total to 721,461 TEUs. Strong performance in key m
AD Ports, Emirates Food ink 50-year deal at Khalifa Port AD Ports Group has signed a 50-year land lease with Emirates Food Industries. The company is part of the National Holding Group. The project will be built at Khalifa Port's South Quay. It will cover 100,000 square meters. Phase one includes modern grain silos. The goal is to boost food storage and support the UAE's food security. Later, the site will add a grain processing plant. Also, the full c
World Container Index drops for sixth straight week According to Japan International Freight Forwarders Association (JIFFA), the World Container Index (WCI) slipped 3.3% in Week 30, settling at US$2,517 per FEU. This marks the sixth consecutive weekly drop and a sharp 57% decline from the same time last year. The recent slide comes after a brief rate surge earlier this summer, which followed the U.S. announcement of higher tariffs in April. The ma
IoT & Blockchain in Container Tracking: Role of Cryptocurrency in Modern Logistics The logistics and shipping industry has undergone massive changes in recent years, thanks to the rapid adoption of emerging technologies. Among the most impactful are IoT (Internet of Things) and blockchain, two innovations that are reshaping how companies manage, track, and secure their containers and cargo. At the heart of this transformation is the growing role of cryptocurrency, which is addi
Feeder orders surge on ageing fleet fears Concern over the average age of feeder sized vessels, of between 100 and 3,900 teu, has seen a spike in orders for these sizes as carriers look to replace a critical link in the supply chain. Maritime Strategies International (MSI)'s July Horizon report shows a surge of 230% in feeder vessel orders, a total of just under 100,000 teu, in the second quarter, compared to the three months before, wit
WEC Lines launches service connecting Ireland, France, and Belgium WEC Lines has launched a new direct weekly container service linking Zeebrugge (Belgium), Dublin (Ireland), and Le Havre (France), further strengthening its European network and commitment to the Irish market. Operated by a 612-TEU vessel on a fixed 7-day rotation, the service departs Zeebrugge every Thursday and arrives in Dublin on Sunday. It offers enhanced flexibility and faster end-mile deli
WiseTech global appoints new CEO WiseTech Global has announced the appointment of Zubin Appoo as its new Chief Executive Officer, effective immediately. Appoo succeeds Andrew Cartledge, who has served as interim CEO since October 2024 and will retire at the end of 2025. Appoo brings more than 20 years of experience in technology leadership, including a pivotal role in WiseTech's early expansion from 2004 to 2018. His recent exec
Diana Shipping takes softer rate on new kamsarmax fixture Hot on the heels of ultramax charter deal with Cargill, Greece's Diana Shipping has fixed one of its kamsarmaxes to Singapore-based Propel Shipping, accepting a reduced dayrate compared to the vessel's previous employment. The New York-listed dry bulk outfit with 36 ships in its fleet has secured employment for the 2013-built Astarte at $12,500 per ...
Safe Bulkers offloads ageing kamsarmax Greek dry bulk owner Safe Bulkers has sold one of its oldest vessels as it makes room for a wave of newbuild deliveries. The New York-listed firm is offloading the 2007 Tadotsu Tsuneishi-built kamsarmax Pedhoulas Leader to an undisclosed buyer for $12.5m. The 82,300 dwt bulker, estimated by online pricing platform VesselsValue at around $11.4m, ...
Trump hails trade deal with the EU Donald Trump has reached a trade deal framework with the European Union with a US tariff on all EU goods of 15%, adding to earlier trade deals struck with the UK, Japan, Indonesia, the Philippines and Vietnam. As part of the deal, in good news for tanker owners, the EU has committed to spend $750bn ...
Argentina rises on the global tanker map as shale exports surge Argentina is poised to become a far more prominent fixture on the global crude oil shipping landscape, with soaring shale output and major infrastructure investments unlocking new export opportunities and driving increased demand for mid- and large-size tankers. At the heart of this transformation is the country's prolific Vaca Muerta shale formation, whose production hit ...
NextGeo lands five-year offshore survey deal with TotalEnergies Italy's Next Geosolutions (NextGeo) has signed a five-year framework agreement with TotalEnergies to provide offshore survey services in support of the French energy major's global operations. The deal, announced on Monday, is non-exclusive and sets up a long-term working partnership aimed at boosting process efficiency and bringing consistency to contract terms while drawing on NextGeo's ...
Hutchison eyes Chinese strategic partner to get $22.8bn ports deal over the line CK Hutchison, the Hong Kong-based conglomerate, confirmed on Monday that it is in discussions to bring a "major strategic investor" from China into the bidding consortium for its $22.8bn global ports business. The move follows the expiration of a 145-day exclusivity agreement with the original buyers' group and comes amid intensifying regulatory scrutiny from Beijing. ...
Houthis threaten all ships linked to Israeli trade in escalated maritime campaign Yemen's Houthi rebels on Sunday declared an escalation in their maritime campaign, announcing they will now target any ships belonging to companies that do business with Israeli ports, regardless of flag, ownership, or destination. The warning, delivered in a televised statement by the group's military spokesperson, marks what the Iran-aligned militants described as the "fourth ...
Northern Drilling semisub to drill for BW Energy off Namibia Norway's BW Energy has chosen to drill its Kharas appraisal well off Namibia using the 2018-built Deepsea Mira, owned by the semisub spin-off of Northern Drilling, Northern Ocean. The rig will work on the well on the Kudu licence offshore Namibia in the Orange Basin. The rig is expected to complete the work in the ...
Shelf Drilling scores contracts for rigs in Egypt and the UK Dubai-based Shelf Drilling has secured new contracts for two of its rigs, extending its presence in both the Middle East and the North Sea. In Egypt, the Oslo-listed jackup rig pure-play has landed a one-year extension for the Rig 141, which is operating in the Gulf of Suez. The extension, worth about $23m and in ...
2025 becomes record year for LNG carrier scrapping The LNG carrier demolition market has shifted into high gear in 2025, with a record number of vessels sold for recycling-underscoring a sector-wide pivot away from ageing steam turbine tonnage amid a period of low spot rates. Multiple broking sources report Abu Dhabi's Adnoc Logistics & Services has just sold its two oldest gas carriers, ...
LPG shipping adds to gains as China returns to US propane buying China-US trade tensions have failed to derail the upward trajectory of LPG shipping, and in July, trade concerns appear to...
Growing fake ship register network is accelerating flag-hopping The connected network of fraudulent ship registries is growing rapidly, allowing sanctioned ships to move quickly between fake identities using...
Is shipping ready for the Hong Kong Convention? Lloyd's List markets editor Rob Willmington examines the impact of the Hong Kong Convention on ship recycling and asks whether...
EU-US deal averts trade war that could have crippled box volumes The new EU-US trade framework is not positive for shipping demand. While a trade war was averted, the resulting deal...
PSC records show most seafarers are well rested. Seafarers say otherwise Years after a World Maritime University study revealed the dire state of falsified work/rest hour documents, countries are struggling to...
Adnoc L&S commits steam turbine gas carrier pair for recycling Just 13 steam turbine-powered LNG carriers have been sold for recycling since the markets downturn of August 2024
Vafias keeps the faith with MR2s with third recent purchase Voracious secondhand buyer has swung towards product tankers of late as prices have dipped
The week in charts: Massive fraudulent flag operation uncovered | Over 50 shadow fleet ships spoof off Malaysia | EU ports sound alarm as ETS pushes traffic away Lloyd's List investigation revealed connections between rapidly growing number of fraudulent ship registries; Analysis showed scale of problem as Malaysia's...
The week in newbuildings: Incat wins ro-pax pair while more boxships ordered The containership newbuilding orderbook continues to grow while orders for bulkers and tankers decline
Houthis threaten companies that trade in Israeli ports The announcement is similar to one made in May 2024, which was followed by attacks on ships that fit this...
CK Hutchison seeks Chinese partner after exclusive talks expire Hong Kong's CK Hutchison turns to China investor to revive stalled $22.8bn global port sale
The Daily View: A spider's web of subterfuge
Daily Briefing Massive fraudulent flag operation linking over 20 separate fake sites uncovered | Vitol seeks arrest of Iranian-owned, US-sanctioned VLGC Tinos...
DAT acquiring Convoy automation platform from Flexport The deal is DAT's third in seven months as the freight marketplace seeks to build a multifaceted and trusted truckload transactional platform.
Hutchison confirms Chinese investor interest in BlackRock-TiL ports sale The company did not disclose the identity of the potential Chinese investor in the $23 billion deal, although it is widely thought to be Cosco Shipping Holdings.
US importers scramble to manage huge hike in bond outlay linked to higher tariffs US Customs and Border Protection requires importers to maintain a bond for estimated duties owed, a number that has increased significantly as new tariffs take effect.
Trans-Atlantic trade dispute averted as US, EU reach weekend deal But with many details of the framework agreement still to be thrashed out over the coming weeks, it will do little to address the uncertainty hanging over the trade lane.
Venture Global green-lights third export project as EU agrees to buy more US LNG CP2 LNG set to leapfrog company past current US largest producer Cheniere Energy into number one slot
Houthi propaganda video shows 10 captive survivors of sunken Greek bulker Houthis use video to back claim that Cosmoship vessel was bound for Israeli port
Panamax bulker rates held back by 'constant pressures' Diana Shipping has fixed a kamsarmax on a new period charter
Navios Logistics founding shareholders battle with duelling allegations The Lopez family is pursuing court proceedings over claims of 'self-dealing'
Golden Ocean Group will merge with CMB.Tech as soon as possible after special meeting The final countdown is on as companies confirm their aim to complete combination next month
Safe Bulkers S&P deal points to rising dry cargo asset values US-listed company takes advantage of price appreciation to sell its first bulker in more than a year
Trump trade deals with Europe and Japan 'big positive' for container shipping Veteran shipping analyst believes the good news from trade deals extends beyond the energy space
US narrows 50-day window for new Russia sanctions amid disillusionment with Putin President Donald Trump says punitive action will come sooner than initially envisaged
Jefferies kicks off Taylor Maritime with positive read given earnings power US bank gives bulker operator a 'buy' rating and argues its earnings potential is much higher than recent performance would indicate
Asian energy buyers turn to neighbours to cope with Middle East crisis Non-Chinese and Indian players purchased from Malaysia and Australia in June
Norden linked to fresh deal in second bid to flip ultramax bulker Transaction follows a trade in April that appears to have fallen through
EU-US trade deal could prove a bonanza for tankers and LNG carriers Transatlantic flows of oil and natural gas stand to benefit ship owners
Howe Robinson expands Houston tanker team with two former Clarksons brokers Pair of clean brokers start new jobs as brokerage builds out tanker desk
UK government pumps $44m into green shipping drive on course to net zero Sixth round of funding programme sees focus shift to artificial intelligence to support clean shipping agenda
South Korea mulls $400bn investment in US shipbuilding as tariff deadline looms Move follows Japan's pledge last week to invest $550bn in commercial and defence shipbuilding
Eastmed strikes third quick deal with Taylor Maritime as ultramax price slide stalls Run of transactions comes after Thanassis Martinos dusted off his cheque book in the bulker market
Petronet LNG switches from FSRU to more costly land-based facility for east coast terminal Company's gas imports slim in April to June period
Eastmed ties up third deal in quick succession with Taylor Maritime as ultramax price slide halts Run of transactions comes after Thanassis Martinos dusted off his cheque book in the bulker market
Chinese shipping firm eyes investing $2.5bn in Russian Northern Sea Route port Boxship firm NewNew Shipping and Rosatom deepen their cooperation with project to expand Arkhangelsk terminal
Shipping stocks tick upward following transatlantic tariff deal European Union-US pact slashes proposed import duties coming out of Washington
Affinity LNG makes strategic new hire to boost its Asian team Shipping sector undergoing changes that will bring new opportunities, desk head says
Sale-and-purchase deals expected to take centre stage in upcoming Teekay earnings Teekay Tankers and Teekay Corp will publish earnings this week
EU-America trade war averted as Europe vows to buy more US energy and arms Trade deal envisages 15% tariff on most European products into the US
Nakilat lines up financing with South Korea's state lender for 25 LNG carriers Qatari company has 27 LNG carrier newbuildings on order at South Korean shipyards
Hartmann and US partner add to container ship newbuilding series in China German owner is managing the project as Miami-based partner renews its fleet
CK Hutchison courts Chinese investor in $22.8bn ports deal That new investor is widely rumoured to be Cosco
It's official: Adnoc L&S sales tip 2025 into record books for LNG carrier demolition Steamship duo joins growing stream of elderly gas carriers heading to breakers
Nakilat lines up financing package with South Korea's Kexim for 25 LNG carriers The Qatari company has 27 LNG carrier newbuildings on order at South Korean shipyards
FMC publishing container freight data Container data submitted by carriers at major U.S. ports is now available on the Federal Maritime Commission website.
Ceva Logistics restructures North America operations, names new chief Ceva Logistics has named a top executive from France to improve the performance of its North American business, as it tries to improve profit margins in the wake of a major acquisition last year.
HK company offers stake in port terminals sale to Chinese company Hong Kong-based CK Hutchison said it offered a stake in the sale of its global port operations to a Chinese investor.
South Korea offers billions to help make US shipbuilding 'great again' South Korea proposed a massive U.S. shipbuilding partnership as Seoul looks to finalize a trade deal with Washington.
Teamsters call UPS driver buyout offer 'paltry' The Teamsters union says the UPS offer to buy out delivery drivers from their contract is a slap in the face.
Houthis make new threats against Israel-linked shipping Yemen's Houthi rebel militia said it is escalating its campaign against Israel-linked shipping, regardless of a ship's destination.
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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