Econship unveils Insta-CRO for loyal customers - A green initiative
India's private sector business hits 8-month high on export orders: Survey
India-US Bilateral Trade Agreement talks making positive progress
Govt examines impact of Pak airspace closure on air cargo
Port union to participate in nationwide strike on May 20
India asked to be wary of Chinese dumping
DPA marks a historic milestone with berthing of Cape vessel at Cargo Jetty No. 6
VOCPA lauds Tuticorin International Container Terminal on reaching throughput milestone
DP World completes initial testing of hydrogen fuel cell RTG
Leather, footwear exports surge by 25 pc in FY25
Air India becomes first and only Indian carrier awarded Good Distribution Practices certification for its cargo business; providing world class logistics solutions for pharmaceutical products
Freighter operations to be suspended at Chhatrapati Shivaji Maharaj International Airport, Mumbai from Aug. 16; part cargo facilities being temporarily shut down for airside works
ACAAI-SRC strengthens industry bonds at annual air cargo stakeholders meet in Chennai
Algoma Central and Irving Oil welcome first of two new methanol-ready tankers Canada's Irving Oil and Algoma Central Corporation (TSX: ALC) yesterday welcomed the first of two new methanol-ready product tankers into Saint John Harbour, New Brunswick. The vessels will service Canada's largest refinery
Moran Towing christens new tug at Port of Beaumont Moran Towing Corporation, New Caanan, Conn., hosted a christening ceremony for its newest tugboat, the Mary Jane Moran, at the Port of Beaumont in Texas on April 5. The event brought together
VIDEO: GD NASSCO christens USNS Sojourner Truth (T-AO 210) General Dynamics NASSCO has christened and launched the USNS Sojourner Truth (T-AO 210), the sixth ship in a fleet oiler program built for the U.S. Navy. The ship is named in honor
Shipping Stock Breakdown: April Performance Amid Global Trade Tensions April 2025 unfolded as a month of high tension and shifting dynamics, as container lines faced simultaneous pressures from geopolitical instability and economic policy shocks. The sharp escalation of trade protectionism-driven by President Trump's sweeping new tariffs on Chinese and global imports-sent ripples through global supply chains, while sustained disruptions in the Red Sea continued to a
Parcelhero: Power Outage in Spain and Portugal to Severely Impact E-Commerce A massive power cut across large parts of Spain and Portugal will have had a major impact on European Union (EU) cross-border e-commerce, according to the international delivery expert Parcelhero. A major power outage, which blacked out much of Spain and Portugal on 28 April, and also reportedly briefly impacted regions of France, will have severely disrupted cross-border e-commerce. Parcelhero's
Kalmar bets on North American Genuine Parts warehouse Finnish port equipment manufacturer Kalmar will relocate and outsource its Genuine Parts warehouse from Ottawa, Kansas, to Greenwood, Indiana. The move is expected to improve delivery times and customer support, as well as enable the further growth of Kalmar's Genuine Parts and Service businesses. The new Greenwood distribution center will allow Kalmar to store all parts in one stand-alone locati
So Long RBAC, and Thanks for All the Roles RBAC transformed access control, but modern apps need more context-driven solutions. Time to say goodbye?
PSA's Potential Exit from CK Hutchison Stake Signals Strategic Pivot Toward Growth and Stability In light of PSA International's decision to explore the sale of its 20% stake in CK Hutchison's ports business , a review of the group's recent activities suggests a clear recalibration of capital toward emerging markets and geopolitically stable regions. The main question is whether PSA reallocates capital to emerging markets or strategically important regions
Hapag-Lloyd announces new direct link between Türkiye and West Africa Hapag-Lloyd has announced the introduction of a new direct connection between Türkiye and key West African ports. Starting May 2025, the German carrier's updated WAX service will combine the former XMX and WAX services, delivering enhanced coverage, improved transit times, and increased flexibility. Hapag-Lloyd said the new service will offer a direct connection from Izmit, Gemlik and Istanbul in
Potential US port fees may disrupt dry bulk trade and vessel availability Recent discussions on tariffs have largely overlooked the potential implementation of the Office of the United States Trade Representative (USTR)'s port fees on Chinese-built vessels. The current US administration is considering an additional port fee for Chinese-built vessels entering US ports to curb China's dominance in shipbuilding. This fee, which could reach up to US$3.5 million per port ca
A Buyer's Guide to 45ft Standard Shipping Containers in the United States Shipping containers are among the most versatile and durable storage solutions available, commonly used for transportation, storage, and even custom construction projects. Among the various sizes available, the 45ft container stands out for its size and flexibility. If you're considering purchasing a 45ft shipping container, this buyer's guide will provide you with the essential information to m
Gdansk sees significant surge in container sector Poland's Port of Gdansk started the year with a high growth in container handling during the first quarter of 2025, with over 624,000 TEUs, translating to a 17% year-on-year growth. In the first three months of 2025, a total of 18.4 million tonnes of goods passed through the Polish port, which is only a 2% decline compared to the same period last year, amid global economic turmoil and instability
COSCO SHIPPING Ports exceeds 35M TEUs, reports over US$380M in Q1 revenue COSCO SHIPPING Ports has announced a total throughput of 35.75 million TEUs in the first quarter of 2025, translating to a 7.5% increase over the same period last year. Additionally, the Chinese operator has generated revenue of US$381.5 million, representing a 14.7% growth year-on-year. The company has also recorded a Q1 profit attributable to equity holders of US$83.9 million, translating to an
The Top 5 Logistics Services in Canada Whether you want to send a parcel locally, regionally, nationally or internationally, the best carrier ensures your items arrive intact and on time. With the top logistics services in Canada, you do not have to sacrifice speed for quality or vice versa. 1. Purolator Inc. The Canadian courier Purolator Inc. offers the best logistics services in Canada. On top of covering 100% of Canadian postal co
KMTC-operated boxship and bulk carrier damaged in Vietnam collision A feeder ship operated by Korea Marine Transport Company (KMTC) collided with a bulk carrier in Vietnam's Long Tau River, off Ho Chi Minh City, at 10.40 pm local time on 25 April, with damage sustained to both ships. The 2018-built, 2,806 TEU KMTC Surabaya, which KMTC Line is chartering long-term from Japanese tonnage provider Nissen Kaiun, slammed into Glengyle, a 2015-built Handysize bulk carri
India-Pakistan Tensions Rise: Shipping Unaffected, Trade Remains Resilient Tensions between India and Pakistan have escalated sharply following the deadly terrorist attack on tourists in Kashmir, creating a volatile environment that threatens the stability of regional trade. As both nations bolster their military postures and exchange diplomatic fire, neighboring economies and critical trade routes face growing uncertainty
Mawani, Sultan Logistics ink logistics park deal at King Abdulaziz Port The Saudi Ports Authority (Mawani) and Sultan Logistics have signed an agreement to establish a logistics park at King Abdulaziz Port in Dammam, Saudi Arabia. With an investment of up to SAR 200 million (around US$53 million), the new park will span an area of 197,000 square meters, aiming to enhance the port's competitiveness, increase its operational efficiency, and elevate the level of logisti
Trump renews push for free US passage through Panama and Suez canals, stirring global tensions US President Donald Trump has renewed calls for American ships to pass "free of charge" through the Panama and Suez canals, according to Bloomberg, highlighting his broader aim of expanding US influence over key global trade and military routes
StormGeo taps Awake.AI for advanced AI insights on port congestion StormGeo, a provider of weather intelligence and voyage optimization solutions, has partnered with the Finnish Artificial Intelligence (AI) analytics company Awake.AI to deliver AI-powered port analytics to its clients. StormGeo will promote and deliver Awake.AI's advanced port call analytics integrated in its s-Insight solution, further enhancing its voyage optimization services. The partnership
DB Schenker joins DSCA's new partnership programme Digital Container Shipping Association (DCSA) announced that DB Schenker, one of the world's major ocean freight forwarders, has joined its DCSA+ partnership programme. Through DCSA+, partners gain access to pioneering discussions, collaborative projects, and direct influence in setting digital standards. The programme empowers stakeholders across the industry to share best practices, leverage co
Port of Antwerp-Bruges faces major disruption amid national strike The Port of Antwerp-Bruges is experiencing significant operational disruption across its terminals due to the nationwide strike taking place on April 29. According to the Belgian port authority, vessel traffic to and from both Antwerp and Zeebrugge is being severely impacted. In Antwerp, the port area is currently at a standstill, with 19 vessels waiting to depart and 20 waiting to enter. Despite
Konecranes to provide CCT Netherlands with new handling equipment Combined Cargo Terminals B.V. (CCT) in the Netherlands has ordered a Konecranes Gottwald ESP.7 Mobile Harbor Crane equipped with an external power supply. The order was booked in the first quarter of 2025 and delivery to CCT's Moerdijk terminal is scheduled for the third quarter of 2025. With its 51-meter working radius and visibility for crane drivers, the Konecranes Gottwald ESP.7 Mobile Harbor
Xeneta: Weekly Ocean Container Shipping Market Update Ocean and air freight rate benchmarking and market intelligence platform Xeneta provided the latest data on average spot rates on trades from China, Vietnam, and Southeast Asia to the US West Coast. Xeneta includes the average spot rates on the major Far East fronthaul trades. Data highlights: China and Vietnam comparison Average spot rates into US West Coast on 16 March 2025 From China: US$2,457
Dutch government scales back offshore wind to preserve fisheries The Dutch government has reduced its offshore wind targets and removed one of the zones set for offshore wind development to give more room to the fishing sector. The authorities decided to amend their North Sea Programme and, with it, reduce the offshore wind energy target from 50GW to 21GW. This also comes with the ...
LS Marine Solution gets cabling deal on Taiwanese offshore wind farm South Korea's LS Marine Solution has won a $15.8m contract for the installation of subsea cables at a wind farm off Taiwan. The contract is LS Marine Solution's first overseas order and the first time a South Korean company has entered the international subsea cable market. The project is part of the second phase of ...
Saipem wins $590m deal for work on Eni's UK CCS project Italian offshore engineering and construction giant Saipem has won a contract from Eni for work on the Liverpool Bay CCS project in the UK. The value of the contract is estimated approximately €520m ($592m) over the three years required to complete the project. The Liverpool Bay CCS project will serve the HyNet industrial cluster, situated ...
SITC firms up Huanghai boxship series Chinese boxship player SITC International Holdings has exercised options at Huanghai Shipbuilding for two additional 1,800 teu vessels. The Hong Kong-listed shipowner is paying nearly $58m to lift the series at the compatriot yard to 10, with deliveries for the latest pair scheduled by March and May of 2028. SITC signed a shipbuilding contract with ...
Fredriksen, Ofer, Wilhelmsen launch bid to take Edda Wind private A trio of companies consisting of John Fredriksen's Geveran Trading, Idan Ofer's EPS Ventures, and Wilhelmsen New Energy have made an unconditional mandatory cash offer to buy all outstanding shares in offshore wind support vessel pureplay Edda Wind. The offer will be made by a newly established company jointly owned by the three big shareholders. ...
Number of deaths in Iran port blast rises to 70 The death toll from the huge explosion and fire that hit Shahid Rajaee port near Bandar Abbas in southern Iran has reached 70 people, Iranian authorities reported. Officials from the province where the port is located stated that the massive fire caused by the explosion at the port was brought under control and fully extinguished ...
Modec picks Sumitomo for work on Gato do Mato FPSO hull Floater expert Modec has been very active on the FPSO front over the last month or so. It has only been days since it won a contract to develop an FPSO vessel for ExxonMobil's Hammerhead project in Guyana, and around a month since it signed a purchase and sales agreement for the Gato do Mato ...
Hanwha Ocean to expand yard South Korean shipbuilding major Hanwha Ocean, formerly known as Daewoo Shipbuilding & Marine Engineering (DSME), is to expand its shipyard on the back of bumper profits and a lengthy orderbook stretching deep into the end of the decade. Hanwha Ocean delivered a 388% surge in first-quarter operating profit, while announcing yesterday plans to spend KRW600bn ...
Technip Energies lands North Field engineering gig French-based engineering and technology company Technip Energies has been awarded a detailed engineering design contract for QatarEnergy LNG's North Field production sustainability offshore compression project. The contract was awarded by the hydrocarbon arm of Indian engineering conglomerate Larsen & Toubro, which won the deal to work on the North Field project last month. It is ...
Noble bags new rig deals worth close to $1.4bn Offshore drilling giant Noble Corporation has announced several new rig deals, increasing its backlog to $7.5bn. Noble revealed in its fleet status report that the 2015-built drillship Noble Voyager and a second Noble V-class 7th generation drillship, to be named at a later date, won a contract for four years each with supermajor Shell in ...
Vitol rolls out FuelEU compliant co-processed VLSFO Vitol has announced the launch of a new FuelEU Maritime-compliant co-processed very low sulphur fuel oil (VLSFO). The Switzerland-based commodity trading giant said the co-processed fuel matches the chemical composition and operational qualities of conventional bunkers and eliminates the need for additional permissions or special clauses in charter party agreements. The new fuel is being ...
Yangzijiang Financial to spin off shipping investment business Yangzijiang Financial Holding has moved to spin off its maritime investment undertaking and list it on the Singapore Stock Exchange. The spinoff of China's largest private shipyard, Yangzijiang Shipbuilding, said the newly incorporated company would function as a dedicated maritime investment platform, focused on "unlocking value across the entire maritime value chain" - from finance ...
US sanctions three tankers over ties to the Houthis The US Department of the Treasury's Office of Foreign Assets Control (OFAC) has targeted three vessels and their owners for allegedly providing support to the Houthis. Marshall Islands-registered Zaas Shipping & Trading facilitated the delivery of LPG to the Houthi-controlled port of Ras Isa using the San Marino-flagged Tulip BZ. The Tulip BZ has also ...
CMA CGM becomes first global liner to run an Indian-flagged vessel CMA CGM has welcomed the arrival of the first Indian flagged containership registered by a major foreign carrier With a total capacity of 2,592 teu, CMA CGM Vitoria serves India on the group's BIGEX network, which offers direct links between India, the Gulf, and the Red Sea, performing weekly calls from Nhava Sheva and Mundra. ...
Email security is broken - and crews are paying the price Jamie Jones, chief operating officer at GTMaritime, writes for Splash today. Cyber attacks are getting smarter. Email security tools are getting noisier. And crew are stuck in the middle - expected to spot sophisticated phishing attempts while juggling operational duties, limited bandwidth, and an inbox full of warning messages that all sound the same. This ...
Duration of US-China trade war is key to container shipping demand The damage from the US-China trade war has already been done, even though it's not yet apparent in the US...
Paul Dean looking to his legacy at HFW 'I've been a litigator and advisory shipping lawyer for 36 years plus and I love it,' reveals head of shipping
Changing grain trades will create congestion in Atlantic China is expected to repeat its play from Trump's first attempt at a trade war and increase soyabean imports from...
Seaborne coal trade has peaked, says SwissMarine chairman SwissMarine chairman Peter Weernink said 2024 would be the high-water mark for Chinese coal imports and seaborne trade of the...
Fredriksen, Ofer, Wilhelmsen set to take Edda Wind private Company has struggled operationally with delays in delivery of vessels
Containership charter rates stay stable as vessel supply remains limited French liner operator CMA CGM was particularly active in securing feeder tonnage in the past week
Yemen sanctions breaches void P&I cover, International Group tells owners Circular comes after three vessels blacklisted
SITC declares final newbuilding options for feeder boxships series Intra-Asia container line operator has boosted its newbuilding backlog at China's Huanghai Shipbuilding to 10 vessels
Ningbo Ocean Shipping plans to order 2,700 teu boxships Investment could support the company's growing push into Southeast Asia amid rising China-Asean trade and shifting global supply chains
The Daily View: Assume the brace position
Yangzijiang Financial plots Singapore listing for maritime investment arm Move aims to unlock growth in shipping and offshore markets, with the new entity led by executive chairman Ren Yuanlin
Daily Briefing Transpacific trade caught in US-China 'pressure test', but hopes for recovery remain | Most shipping lines can avoid US port...
Container lines warn of congestion threat when Asia imports rebound US ports and support infrastructure like warehouses and rail connections aren't better equipped to handle import surges than they were during the pandemic when record volumes drove congestion to historic highs, carrier executives said this week.
Tariffs jeopardize resin volume gains for US Southeast ports Direct services to Asia and the EU have pulled more resin cargoes away from Houston, but the Gulf Coast is still the main route to the South American market.
Cosco reports strong Q1 trans-Pacific volumes amid rush to beat tariffs Container lines saw a first-quarter demand boost from US shippers eager to bring in cargo before the April implementation of the Trump administration's tariffs.
2025 Process Orchestration Trends See what 800+ IT leaders say about orchestration challenges-and where automation is headed next.
Norfolk Southern to drop international intermodal service on many USEC lanes Insufficient volumes, including on the lane between the Port of Virginia and Memphis, has forced the railroad to reallocate resources to areas where it believes container business will grow in the future.
Air cargo volumes fall on trans-Pacific as US de minimis changes loom Chartered flights from China to the US have been canceled and air freight traffic has declined as Washington prepares to scrap the duty-free exemption for low-value goods shipped from China and Hong Kong.
US trade official's container calculation leads sector to complain Despite container-based measure, higher tonnage measure will virtually always apply
Moscow looks for payout despite Black Sea spill criticism Russia's delegation tells compensation body that two tankers foundered two hours apart in the Kerch Strait
OOCL splashes out $3.08bn on 14 large container ship newbuildings in China Liner company has contracted Dacks and Nacks to build a series dual-fuel, 18,500-teu vessels that can run on methanol
JJ Ugland bulker crew member pair arrested after cocaine bust Norwegian owner 'fully committed' to cooperating with authorities
Seaspan back in China for neo-panamax container ship sextet Major tonnage provider inks contract with shipbuilder SWS for vessels over 10,000 teu
Nakilat quietly sheds two VLGCs to Qatari interests, first-quarter report reveals LNG giant inches up profit as it expands its fleet with modern vessels
Royal Caribbean earnings surge past estimates as record bookings boost outlook Miami cruise giant hikes full-year guidance despite economic jitters
New Greek owner inks lucrative long-term tanker charter with energy major Rare deal for Japanese-built crude carrier is above levels reported for recent similar transactions
Bullish momentum continues for capesize spot market Rate up 19% week on week as Rio Tinto fixes
Greek owner Samos inks lucrative long-term tanker charter with energy major Rare deal for Japanese-built crude carrier is above levels reported for recent similar transactions
Wanted... again. Runaway tug behind devastating Caribbean oil spill goes missing Satellite tracking has been unable to locate the Solo Creed after it fled arrest in Angola
Vitol tanker needed hull clean after loading new Venezuelan crude blend at ageing terminal Reuters cites documents showing other vessels queuing to load Blend 22 from La Salina
VLCC owners cashing in as China stocking up on oil Rates continue to rise as China builds up inventories ahead of summer
Signal Group locks in huge $60,000 per day for pool aframaxes in May Ioannis Martinos-led operation says tanker repositioning has been key to rising returns
Woodside green-lights 16.5 mtpa Louisiana LNG project in US Former Driftwood project targeted to start up in 2029 with Kuwaiti partner said to be in talks to join
VLCC charterers undeterred by 125% tariff, as tanker unloads US crude in China The Cyan Nova travelled from Texas to Ningbo with US oil
George Procopiou returns to Chinese yard for newbuildings as US trade war shows signs of easing World's biggest tanker orderer and world's biggest tanker builder meet again as anti-China fever seems to be waning
Pay slashed again at Shell chartering arm Stasco as profit rises Accounts for UK business show costs have been cut further
Anti-dumping probes on Chinese steel more worrying for seaborne trade than Trump tariffs, says G2 Ocean CEO Pushback against a flood of Chinese steel could have implications for seaborne trade
Trump automotive tariff tweaks fall short of car carrier player hopes Analysts not revising demand forecasts as US expected to make slight changes to car import levies
Korea Development Bank scales back on shipping investments KDB is mulling the sale of equity in HMM while also working on divesting a 4.3% stake in Hanwha
Zodiac Maritime VLCC charterers undeterred by 125% tariff, as tanker unloads US crude in China The Cyan Nova travelled from Texas to Ningbo with US oil
Second FSRU for Germany's Deutsche Energy Terminal arrives at Wilhelmshaven Delayed start for additional unit as country grapples with energy needs and decarbonisation moves
After the airstrikes, the sanctions: Trump administration hits three ships over Houthi links Vessels discharged to Yemeni port after oil products delivery ban
Sea Consortium adds to orderbook with double deal at HD Hyundai Mipo Hartnoll family-controlled owner goes for feedermax ships in South Korea
Evangelos Marinakis' Capital Group invests in Kongsberg simulators for crews Greek group bolsters new training centre in Chios with automation systems
Broker talk swirls around sale of four Atlas Maritime suezmax resales for 'massive' price Greek owner has eight million-barrel ships on order at DH Shipbuilding in South Korea
Vitol tanker bunkers co-processed VLSFO as trader rolls out new fuel Suezmax Elandra Falcon is first to load lower-carbon oil at Fujairah
Woodside greenlights 16.5 mtpa Louisiana LNG project in US Former Driftwood project targeted to start-up in 2029 with Kuwaiti partner said to be in talks to join
Petros Panagiotidis' tanker spin-off puts $250m on the shelf for expansion Robin Energy listed in New York in earlier this month
SITC bumps up container ship order tally in China to 10 ships Hong Kong-listed group adds two more 1,800-teu feeder ships at Huanghai Shipbuilding
Shadow fleet tanker was 10 minutes from grounding off Finland Unnamed ship was heading west when it was alerted to imminent danger by coast guard
John Fredriksen, Idan Ofer and Wilhelmsen launch bid to take over Norwegian shipowner Edda Wind Big investors want to wipe out other shareholders after becoming frustrated with pace of growth
Zodiac Maritime appears undeterred by 125% tariff, as VLCC unloads US crude in China The Cyan Nova travelled from Texas to Ningbo with US oil
Swedish bank SEB's shipping loan book falls in first quarter Lender sees concerns about economic growth and inflation
Falcon Maritime beefs up fleet with Japanese built bulkers Bo Kristensen-led bulker player has also expanded into Asia with the opening of an office in Singapore
Yangzijiang Financial to spin off maritime investments business into a separate listed entity Shipbuilding veteran Ren Yuanlin will lead offshoot company
Seatrium appoints ex-Temasek director to be its new CFO Stephen Lu brings 15 years of experience in strategy, M&A and corporate finance
Court okays demolition of allegedly stolen bulk carrier but denies removal of its remains Neptune Star 25 case centres on a partnership that went horribly wrong
Sea Consortium adds to orderbook with double deal at Hyundai Mipo Hartnoll family-controlled owner goes for feedermax ships in South Korea
UPS to eliminate 20K jobs as Amazon decoupling accelerates UPS is downsizing its workforce as it pulls back from delivering packages for Amazon, its largest customer.
Gulf Coast ports post rising freight volumes in March Container and breakbulk cargo flows in March rose in Houston and New Orleans, while demand for crude oil continued to fuel shipments through Corpus Christi, Texas.
As tariffs wreck China-US exports, container rates weather storm As U.S. tariffs freeze China exports, blank sailings and shifting traffic are helping prop up trans-Pacific container rates.
DHL drops embargo on medium-value goods after US walks back customs rule DHL said it is resuming deliveries of B2C shipments over $800 after U.S. authorities relaxed rules that had increased red tape for processing medium-value shipments.
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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