VIDEO: EV Maritime launches first electric ferry in Auckland EV Maritime, the New Zealand electric ferry design and technology company tapped by California's Angel Island ferry to design its all-new hybrid electric vessel, reports that its first fully electric passenger ferry
Ontario pumping CAD 215 million into its shipbuilding sector The Ontario government is investing CAD 215 million (about USD 184 million) to support shipbuilding and the broader marine sector in the province, including through the establishment of a CAD 15 million
We asked AI: When containers become pools We asked AI what a container might look like if it was trasformed into a pool. The result? Long steel containers, many of them stacked, blending modular and repurposed design with a cozy oasis. There is an industrial, yet creative aesthetic
Transpacific crash may normalise charter market Containership charter rates, which have defied the freight slump for some time, could be peaking, as some small ships chartered by opportunistic operators for transpacific services, are being diverted to the Persian Gulf as freight rates have tanked, according to Linerlytica. Transpacific freight rates, particularly to the US West Coast, have lost almost all the hikes achieved after a grace perio
Shipping alliances carriers and MSC control over 80% of market As the container shipping industry continues its transformation, strategic cooperation among carriers remains a key force shaping global trade. According to updated Alphaliner data, the dominance of shipping alliances carriers, along with MSC, the industry's largest standalone liner operator, has reached unprecedented levels. Even though they don't deploy their entire fleet to alliance services,
Konecranes delivers crane package for BAE Systems' in Scotland Konecranes has completed a turnkey crane project for BAE Systems' brand-new shipbuilding hall in Govan, Scotland. The installation, finished in June 2025, includes two electric overhead travelling cranes and two Goliath cranes. Together, the four cranes will allow the hall to construct two Type 26 naval frigates simultaneously, boosting productivity while eliminating delays caused by Scotland's w
Kalmar launches digital tool to streamline equipment inspections Kalmar has introduced Inspector, a new digital application designed to streamline daily inspections of material handling equipment. Inspector enhances the efficiency of routine equipment checks while enabling centralized storage of inspection data for easier analysis and reporting. The application is available as a standalone mobile app or as an optional module for customers with an active MyKalm
Tariff fever fuels shipping surge, hangover looms Global merchandise trade is enjoying a sudden growth spurt, but shipping executives warn the boom could prove as short-lived as a sugar rush. As Bloomberg posted, the World Trade Organization's latest Goods Trade Barometer jumped to 103.5 in the first quarter of 2025, its strongest reading since August 2021. WTO economists attribute almost the entire gain to importers front-loading orders before
Matson raises quarterly dividend Matson has announced an increase to its quarterly dividend, with the Board of Directors declaring a third-quarter dividend of US$0.36 per common share. This represents a two-cent, or 5.9%, rise compared to the previous quarter. The dividend will be paid on September 4, 2025, to all shareholders of record as of the close of business on August 7, 2025. Matt Cox, Chairman and CEO of Matson, highligh
RSGT expands operations across four key Red Sea ports Red Sea Gateway Terminal (RSGT) and a subsidiary of the Sustainable Infrastructure Holding Company (SISCO), has announced a major strategic expansion into multi-purpose terminal operations. This move, aligned with Saudi Arabia's Vision 2030, follows the award of long-term concessions at four key ports along the Red Sea and marks a significant step in strengthening the Kingdom's role as a global l
Maersk reopens cargo bookings in Haifa port Maersk has announced that as of 25 June 2025 cargo acceptance for imports at Haifa has been reopened. The company is closely monitoring the evolving situation and, with the prospect of a cease-fire currently in place, expects to reopen export acceptance once it can confirm lower operational risks. The firm has issued a customer advisory in response to the recent escalation of tensions in the Midd
ERMA TECH GROUP officially launch ERMA TECH GROUP has officially launched as a unified alliance of trusted companies, after years of consistent growth, technological breakthroughs, and sectoral expertise. The launch was unveiled during a globally streamed broadcast that brought together customers, partners, and maritime industry leaders from around the world. This milestone marks a new chapter in sustainable maritime technology,
Port of Los Angeles signs agreement to boost Central Valley export trade The Port of Los Angeles has entered into a landmark Memorandum of Agreement with the City of Shafter and The Wonderful Company, aimed at strengthening two-way trade flows between the San Pedro Bay port complex and California's Central Valley. The partnership seeks to expand US agricultural and manufactured exports by leveraging the region's strategic logistics capacity. At the heart of the initia
Saudi Arabia port agreements suggest strategic commitment despite regional turmoil Saudi Arabia has signed long-term port concession agreements worth over $586 million with two major global operators. Beyond infrastructure, this deal sends a powerful signal: Riyadh is quietly laying the groundwork for the India'Middle East'Europe Economic Corridor (IMEC), despite a region increasingly defined by geopolitical flashpoints
The week in shipping: Iran dominates the headlines Starting today, Splash will be bringing readers a weekly wrap to digest the important shipping news of the past few days. This complements Daily Splash, our free newsletter published Monday through Friday, as well as Splash Extra, our monthly digest. Conflict with Iran dominated the headlines in the earlier part of the week, with extreme ...
Golden Energy Offshore clinches PSV fixture Oslo-listed OSV pure play Golden Energy Offshore Services (GEOS) has won a new contract for its large platform supply vessel Energy Swan. The 2005-built unit has been fixed out to Vår Energi to support the semisubmersible rig Deepsea Yantai. The rig is in PL 586 in the Norwegian Sea, where it will drill well 6406/11-2 ...
Offshore wind to bring $6bn boost to Welsh economy The Welsh Government has published a new action plan aimed at unlocking the full potential of the country's offshore wind energy. Wales has a significant pipeline of more than 15GW of offshore wind projects around its coastline, in Welsh, English, and Irish waters. The sector represents a significant opportunity with the prospect of £4.8bn ($6.6bn) ...
UK North Sea's largest independent producer gets new name Oil majors Equinor and Shell have said that they have chosen the name Adura for their incorporated joint venture in the UK. Adura has been created to bring together the A of Aberdeen, the joint venture's base of operations, and the 'dura' from durability. According to the statement from the two, it's a company "built ...
IMO agrees to start revision of outdated regulations for nuclear-powered ships The International Maritime Organization (IMO) has formally agreed to start the revision of outdated regulations for nuclear-powered ships. The 110th session of the IMO's Maritime Safety Committee heard proposals from several member states and NGOs calling for a revision of the Code of Safety for Nuclear Merchant Ships (Resolution A.491) and relevant parts of the ...
Imabari to take control of Japan Marine United Consolidation ' and by extension greater focus and economies of scale ' continues in the revived Japanese shipbuilding sector with news that Imabari Shipbuilding, the nation's top yard, is to take control of Japan Marine United (JMU). The Higaki family-controlled Imabari announced yesterday it will up its stake in JMU from 30% to 60%, and ...
Caravel Group sheds kamsarmax fleet Hong Kong conglomerate Caravel Group has sold two of its Chinese-built kamsarmax bulk carriers in a deal valued at about $41m. The Banga family's dry bulk owner has let go of the 81,073 dwt Explorer Oceania and the 81,093 dwt Explorer Asia, with both ships built at Jiangsu Hantong in 2015 and 2016, respectively, heading ...
Equinor investing over $2bn in new subsea development Norwegian energy major Equinor will invest more than NOK 21bn ($2.1bn) in the North Sea Fram Sør subsea development. The Fram Sør project is a combined development of several discoveries that will export oil and gas via the Troll C platform. Recoverable volumes are estimated at 116m barrels of oil equivalent, 75% of which is ...
Scrubber discharge ban coming to the northeast Atlantic Discharges from open-loop scrubbers will be banned in internal waters and port areas throughout the northeast Atlantic by July 2027, following a meeting of environment ministers from 15 European countries yesterday. A closed-loop discharge ban has been scheduled for no later than January 2029. While a majority of European states wanted to be more ambitious ...
Maritime Partners swoops for Centerline Logistics In a consolidation move within the US Jones Act market, Maritime Partners has inked a deal to acquire Centerline Logistics, one of the country's top coastal tanker and marine services providers. The agreement will see an entity managed by Maritime Partners take over Centerline from its current backers, Macquarie Capital and Silverbox Capital's Steve Kadenacy. ...
Fragmentation and dry bulk shipping Willem Vermaat, shipping director at Heidelberg Materials Trading, shares his perspective on the state of dry bulk. Shipping is a small world. How often do we hear this when walking around at a shipping conference and running into old acquaintances? As the years go by, the collection of business cards keeps on growing. At the ...
Taking stock of dry bulk shipping as 1H25 comes to a close The dry bulk sector continues to disappoint, with capesize rates falling from over $30,000 per day to under $19,000 per...
FuelEU's 5% bonus is great for wind power. But is it fair? Other energy-saving device makers view the policy bonus as unfair, but how to get the policy right is a thorny...
Major Greek names ink big tankers in Korea Marinakis clinches another VLCC and is reported to sign for four LNG carriers
Asia-US west coast spot rates start to stabilise after steep slide The bad news for shipping lines: transpacific rates continue to slide. The good news: rates from Asia to the US...
Nakhodka Bay becomes new STS hub for sanctions-skirting tankers Sanctioned tankers are conducting ship-to-ship transfers so 'clean' vessels can deliver shipments from Russia's Far East ports
Asia-northern Europe spot rates hit five-month highs Spot freight rates from China to Northern Europe have surged to $2,020 per 20ft container ' up 70% since early...
A week is a long time in politics, Middle East edition After the last few days of craziness, shipowners and marine insurers have earned their Friday evening after-work drink
War in Ukraine: ports attacked, vessel managers displaced, but the cargo keeps moving Edgar Martin of Infospectrum, part of Lloyd's List Intelligence, provides a brief summary and background of the Ukrainian shipping sector...
Surge in 'dark' calls to China's Dongying port signals growth hub for sanctioned oil trade Surge in stealthy tanker visits highlights Dongying's growing valve role for bypassing sanctioned oil trade
The Daily View: A quiet milestone
Egypt state shipping firm orders two kamsarmax bulkers at China's Hantong Shipbuilding Egypt expands national fleet with two new bulker carriers to boost capacity and efficiency
Asia-Pacific has search and rescue 'supply and demand' gap The review will report back in 2027 and be used as an advocacy tool to improve search and rescue systems...
Imabari Shipbuilding boosts stake in JMU to 60% as Japan eyes US-led revival plan The move aligns with Japan's push to revitalise its shipbuilding industry, including a proposed $7bn government fund and Japan-US shipbuilding...
Daily Briefing Cat-and-mouse tariffs game to reshape global shipping routes | Private equity is circling maritime tech again in search of consolidation...
FMC probes legal standing of World Shipping Council agreement The trade group of ocean carriers is exempt from US antitrust scrutiny under an agreement it filed with the FMC five years ago, but the agency is now questioning that arrangement.
Crowley launches first service linking Central America to US Northeast Coast The carrier said vessels on the five-day transit to Philadelphia will carry food, apparel, industrial products and consumer goods.
CPKC disruptions in Gulf states now impacting carload, intermodal traffic New bottlenecks in Louisiana and Mississippi are now affecting freight flows between Mexico and the Southeast US.
Tech giants shift production out of China as trade tariffs raise supply risk: analysis Diversifying suppliers out of China has been a long-term trend among tech companies, but a recent acceleration of that shift is driven by fresh trade tensions rather than a desire to divest entirely, says Everstream Analytics.
Fire hits ship in UK port city of Hull Turkish vessel caught fire on Friday morning
'Major milestone' for nuclear-powered ships. Industry regulator to redraw outdated rules Core Power praises decision by safety committee
AP Moller-Maersk to resume Haifa services following ceasefire Ships will return to Israeli port on Monday
German shipping triumphs in annual maritime hockey tournament Victorious team drew on players from MSC Container Ships, Reederei Nord and Neu Seeschiffahrt
'Major milestone' for nuclear-powered ships. Industry regulator to redraw outdated rules Core Power praises decision by safety committee
Container ship rate roller coaster flattens out ahead of key third quarter Analysts believe freight levels are near the bottom as traditionally strong period approaches
Container ship rate rollercoaster flattens out ahead of key third quarter Analysts believe freight levels are near the bottom as traditionally strong period approaches
War risk premiums fall back for shipping as Middle East tensions ease Insurance costs peaked on Monday before Israel-Iran ceasefire
'We make people sweat': How hacking experts are scaring shipping giants into action TradeWinds enters the Vault, where simulated attacks on ships shock executives into action
Clarksons could double broker numbers in Brazil as deepsea tanker chief becomes new country boss Former Petrobras executive joined last year to set up deepsea tanker desk
US output growth could add demand for up to 16 VLGCs as rates shrug off Middle East de-escalation Fearnley Securities believes 'stellar' export levels promise much for volatile sector
Clarksons could double broker numbers in Brazil as deep-sea tanker chief becomes new country boss Former Petrobras executive joined last year to set up new deep-sea tanker desk
Coastal Bend debuts as latest addition to US LNG project haul Another huge 22.5-mtpa development pencilled in for US Gulf coast
Trump serves up tonic for shipping as trade war truce sparks stocks into life Shares rise for shipping giants with boost to transpacific trade
Beleaguered ship salvage industry starts to pull away from worst-ever slump Industry union says recovery has been modest since historic 2022 low
Japan's largest shipbuilder Imabari takes control of its closest domestic rival Higaki-family controlled shipyard will hold 60% stakes in JMU
Expanding Maritime Partners snaps up Jones Act ATB player US-flag giant keeps up aggressive record of fleet acquisitions
Exmar and Eni move into arbitration over Tango FLNG performance Floating LNG production market maturing and becoming more complex as projects mushroom
Sanction shadow fleet masters and Russian ports, Volodymyr Zelenskyy urges EU Ukrainian president says European companies are continuing to ship weapons components to Moscow
Bealeaguered ship salvage industry starts to pull away from worst ever slump Salvage industry body says recovery has been modest from historic 2022 low
Sanction shadow fleet masters and Russian ports, Volodymyr Zelensky urges EU Ukrainian president says European companies are continuing to ship weapons components to the Putin administration
Armed men board tanker in world's most notorious piracy hotspot One raider spotted with 'gun-like object' in Phillip Channel, security company reports
Japan's largest shipbuilder Imabari takes control of its closest domestic rival The Higaki-family controlled shipyard will hold 60% stakes in JMU
Costamare facing charter rate 'correction' in weaker second half, Fearnley Securities says Analysts start coverage of Greek owner with 'hold' recommendation
Ship captain scuppers cocaine plotters on tanker as five crew members arrested Master of the Scot Bremen praised for quick action to thwart operation off Belgium
Evangelos Marinakis boosts LNG orderbook with $1bn deal at HD Hyundai Samho Fresh from ordering a VLCC, Capital is linked to series of LNG carriers
Cargill agrees cheaper rate for Diana ultramax coming off Stone Shipping charter Greek owner says rate for the DSI Polaris will be $12,250 per day
Adnoc L&S linked to tanker sale that would halve LR1 fleet Brokers report en-bloc disposal of 2010 and 2011 product ships
Chinese leasing house selling off series of new bulkers to raise cash for fresh shipping play Sources say four vessels are up for sale
Memphis airport to be renamed after FedEx founder The Memphis-Shelby County Airport Authority passed a resolution on Thursday to begin renaming the Memphis International Airport after FedEx founder Fred Smith.
Drewry: No "lasting impact" from tariff break as ocean rates fall again Container rates are giving back recent gains, as U.S.-bound container traffic slumps after a surge fueled by the tariff pause. Shipping analyst and SONAR data partner Drewry saw its World Container Index fall 9% this week, the second consecutive weekly drop following five weeks of gains. "This decline is a direct result of low demand [...]
In rare jump, New York-New Jersey leads US port volumes The Port of New York-New Jersey led all U.S. container hubs in May as tariffs dragged imports at the southern California port complex.
Air Hong Kong graduates to all-A330 freighter fleet Air Hong Kong's has turned the page on the older A300-600 freighter and now operates an all-Airbus A330 fleet.
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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