Bollinger teams with Seaspan and two Finnish partners for USCG Arctic Security Cutter Bollinger Shipyards, Canada's Seaspan Shipyards and Finland's Rauma Marine Constructions (Rauma Shipyard) and Aker Arctic (Aker) have formed a strategic partnership to deliver the lowest-risk, fastest delivery solution of best-in-class Arctic Security
Carbon Ridge deploys centrifugal OCCS on Scorpio Tankers LR2 Onboard carbon capture and storage specialist Carbon Ridge is claiming a maritime industry industry first with the successful deployment of a centrifugal OCCS (onboard carbon capture system) aboard an LR2 product tanker
Georgia Ports moved 8.6% more boxes in FY 2025 The Georgia Ports Authority reports that it moved 5.7 million TEUs of containers in fiscal year 2025 (July 1, 2024-June 30, 2025), an increase of 8.6%, or 450,000 TEUs on the previous
WISTA USA names Nicolaou-Boyer as new president The Board of WISTA USA, the Women's International Shipping & Trading Association, appointed Marlene Nicolaou-Boyer, global commercial manager at Houston-headquartered Stolt Tankers USA Inc., as its new president. The announcement was made
Kongsberg teams with Noble to bring innovative tech to offshore Kongsberg Maritime has signed a long term development program framework agreement with offshore drilling contractor Noble Corporation. The focus is on the joint development, piloting, and commercialization of solutions to enhance operational
Op-Ed: Smarter ship design starts with data By Jonathan Strachan - CTO, Houlder Today volatile markets, rising costs, and shifting environmental legislation all contribute to a high-stakes operating environment in the maritime industry. Traditionally, shipowners and operators have relied
Hybrid propulsion adoption on the rise By Jake Swihart, Global Industry Marketing Manager - Marine The maritime industry is under increasing pressure to reduce greenhouse gas emissions, and hybrid propulsion systems are emerging as one of the leading
Bollinger negotiating construction of at least 10 more FRCs Bollinger Shipyards reports that it has begun contract negotiations with the U.S. Coast Guard for the construction of at least 10 additional Fast Response Cutters (FRCs), supported by the historic $25 billion
PortXchange: No more excuses on Scope 3 A UK Supreme Court ruling has sent shockwaves through the infrastructure world, making downstream emissions, known as Scope 3, legally mandatory in Environmental Impact Assessments (EIAs). For the shipping and ports industry, the implications are immediate and unavoidable. As lawsuits surge, EU regulations tighten and green investors demand full transparency, PortXchange is urging ports to stop d
Noatum Maritime opens new Shanghai office Noatum Maritime, part of AD Ports Group, has opened its first Shanghai office to boost maritime services in China. This move supports the Group's international growth and taps into Shanghai's role as a key trade and logistics hub. Noatum Maritime Services offers full vessel and cargo support, serving clients worldwide in over 814 ports across 118 countries. Also, the new Shanghai office will enha
Synergy appoints Vikas Trivedi as co-CEO Synergy Marine Group has appointed Vikas Trivedi as Co-CEO - Ship Management, a move that highlights its focus on operational strength and dependable delivery across vessel types and global markets. Trivedi will head the Group's Tanker and Gas Carrier division. He'll work alongside Ajay Chaudhry, who continues to lead the Dry fleet. The leadership pairing aims to provide clear direction in a rapi
Port Melbourne Containers and OneStop team up Port Melbourne Containers has teamed up with OneStop to bring new digital solutions into its operations. Starting September 1, 2025, the company will introduce OneStop Modal and the Vehicle Booking System (VBS) to improve both internal workflows and customer service. The partnership focuses on innovation and seamless integration. It will help Port Melbourne Containers streamline processes and boo
China's feeder order boom already reshapes shipping As the global shipping industry recalibrates its strategy amid overcapacity in mega-vessels and shifting trade patterns, one particular market is significantly booming: feeder container ships. These small- to mid-size vessels, typically between 1,000 and 6,000 TEUs, are now the focus of a new shipbuilding surge and Chinese shipyards are dominating the scene
Carbon Ridge installs first centrifugal carbon capture system Carbon Ridge has launched the shipping industry's first centrifugal carbon capture system aboard an LR2 tanker operated by Scorpio Tankers. The pilot project marks a major milestone in onboard carbon capture technology. The system was installed in July at Besiktas Shipyard on the vessel STI SPIGA . It's the first time a centrifugal-based onboard carbon capture system (OCCS) has been used in marit
Seoul bets on Arctic to rejuvenate maritime sector South Korea's state-backed ship finance institution Korea Ocean Business Corporation (KOBC) said today (29 July) it is establishing a fund to develop Arctic Ocean-related business for the country's maritime industry. Newly elected President Lee Jae-myung has made the revitalization of the maritime industry among his plans, and he believes that more Arctic voyages will generate demand for icebreak
BAR Technologies joins INTERCARGO BAR Technologies has joined INTERCARGO as an Associate Member, deepening its role in global efforts to decarbonise dry cargo shipping. The UK-based company is known for its advanced wind propulsion systems and its push to bring sustainable innovation to the maritime industry. Firstly, the move comes as bulk carriers face growing regulatory and environmental pressure. INTERCARGO, representing the
USA-EU trade deal could cause ripple effects on shipping industry As Washington and Brussels shake hands on a sweeping new trade agreement, the deal is widely seen as a strategic win for the United States and a potential operational headache for Europe's already-strained ports. The agreement, set to take effect on August 1, introduces a 15% baseline tariff on nearly all EU goods entering the US, a compromise from the previously threatened 30%. However, Transatl
Top 3 Do My Assignment Websites for University Students in 2025 (Updated List) Do My Assignment , a phrase that has become a lifeline for university students in 2025. With stricter academic standards, tighter submission windows, and the constant pressure to avoid AI-generated or plagiarised assignments, more students are turning online to find assignment helpers they can trust. Whether you're searching "Can I pay someone to do my assignment?", or trying to find an assignmen
Call for interest in Klaipeda's major expansion The Port of Klaipeda has opened a call for expressions of interest in its ambitious Southport Development Project, the largest expansion in the port's history. The plan includes reclaiming around 100 hectares of land and building 1.3 kilometers of new quay. The goal is to boost cargo capacity and attract modern terminal operators, manufacturers, and logistics companies to the Baltic region. "The
CMA CGM & AOA Polynesian Forests join forces to adress invasive plant spread AOA Polynesian Forests and the CMA CGM Group have partnered to launch the 'Fenua Florissant' initiative. This is a joint effort aimed at tackling one of French Polynesia's most urgent environmental challenges: the aggressive spread of invasive plant species that threaten the region's native biodiversity. Through this collaboration, we are uniting our resources and expertise to halt the advance of
Lloyd's Register grants AiP to KSOE for next-generation bulk carrier Lloyd's Register has awarded an Approval in Principle to HD Korea Shipbuilding & Offshore Engineering for its advanced 210,000 DWT Newcastlemax bulk carrier design. The cutting-edge design offers fuel flexibility, accommodating a range of options including conventional fuels, LNG, ammonia, and methanol. This adaptability allows shipowners to meet both current environmental regulations and prepare
Tschudi launches anti-spoofing navigation tool Tschudi Shipping Company has partnered with U.S.-based NAL Research and Norway's SGM Technology to tackle growing threats to GPS and GNSS signals. The collaboration is developing a new tool that can detect spoofing and jamming in real time, providing safer navigation for ships operating in compromised environments. Firstly, the technology uses Iridium's low-Earth orbit satellite network to mainta
Interferry urges EU to align GHG rules with IMO Interferry is calling on the European Commission to urgently align its EU climate rules with the IMO's newly agreed Net-Zero framework. The global ferry industry group warns that without alignment, European operators could end up paying twice for the same emissions. The concern centers around the overlap between the EU ETS and FuelEU Maritime regulations and the new IMO system. Interferry says th
Container rates keep falling As Japan International Freight Forwarders Association (JIFFA) reported, container activity showed a strong pickup in May. The Global Container Port Throughput Index rose 5.4%. But freight rates continue to slide. The World Container Index (WCI) dropped 3.3% last week, settling at US$2,517 per FEU. That marks the sixth straight weekly decline. Year-on-year, the index has fallen a steep 57%. Earlie
"K" LINE joins onboard fire drill "K" LINE recently took part in a major emergency response drill at Laem Chabang Port, Thailand. The "Fire Drill Exercise on Board 2025" was held on June 24 at Berth A5 of Namyong Terminal. The exercise took place onboard BALTIMORE HIGHWAY , a car carrier operated by "K" LINE. It simulated a fire breaking out during cargo handling, with one worker reported missing, adding a layer of complexity to
CMA CGM Phoenix becomes largest U.S.-flagged container ship The U.S. Maritime Administration (MARAD) has marked a major milestone with the reflagging of the CMA CGM Phoenix as the largest U.S.-flagged commercial container vessel, in a ceremony held at the Port of Charleston. The event supports the former administration's push to restore American maritime dominance. "Adding the CMA CGM Phoenix into the U.S.-flagged fleet is a powerful move toward reclaimin
Fred Olsen Windcarrier lands German wind farm deal Norwegian offshore wind installation player Fred Olsen Windcarrier has been selected by Skyborn Renewables, a German offshore wind developer of Blackrock's Global Infrastructure Partners (GIP), to handle transport and installation of the wind turbines for the Gennaker offshore wind farm in the German Baltic Sea. The two companies are targeting to firm up the deal ...
Boskalis and Allseas to construct $1.4bn gas pipeline off Taiwan A consortium of Boskalis and Allseas has been awarded a contract by CPC Corporation Taiwan for the second offshore gas pipeline from Yongan to Tongxiao. The total contract value is approximately €1.2bn ($1.39). This project is intended to improve the gas supply capacity in northern Taiwan. Under the contract, the consortium will design, construct, install, ...
Asso.subsea scores cabling work for TenneT off Germany Greece-based offshore contractor Asso.subsea has been awarded the nearshore cable installation scope for TenneT's three projects offshore Germany. The three projects are part of TenneT's 2GW program and include BalWin4, LanWin1, and LanWin5, located off the northwestern coast of Baltrum Island. This also marks the beginning of a new collaboration between Asso.subsea and Jan De ...
Wood-Sidara saga continues with more delays Consulting and engineering firm Wood has added another chapter to the takeover saga that has been going on since last year. Dar Al-Handasah Consultants Shair and Partners Holdings, also known as Sidara, has been courting the UK firm with different offers to sell up since April of last year. After declining several offers, Wood finally ...
Union Maritime locks in $130m financing for wind-assisted RL2 newbuilds Diversified UK shipowner Union Maritime has closed a $130m delivery financing package for two next-generation LR2 tankers. The deal was led by Société Générale and the Export-Import Bank of China and arranged through a syndicated facility. The vessels are scheduled for delivery from Yangzijiang Shipbuilding in late 2025 and early 2026. Each tanker newbuild will ...
Hartmann and Seaboard expand boxship newbuild series in China Germany's Hartmann Group has exercised an option for a seventh 3,500 teu containership at Taizhou Sanfu Ship Engineering, continuing its LNG dual-fuel newbuilding programme tied to US carrier Seaboard Marine. The latest ship marks an expansion of a series launched in 2021, when Hartmann ordered three vessels with options for three more. The new order ...
Stranded Ukrainian seafarers to get remote fix in paperwork overhaul Ukraine is preparing to launch a pilot scheme allowing the remote processing of seafarers' identity documents (SID) for thousands of its seafarers stranded abroad by war, bureaucracy, and logistical dead ends. No fixed date has been set for the scheme's introduction, but, according to crew supplier and management company Danica Crewing Specialists, it's believed to ...
Synergy appoints Vikas Trivedi as co-CEO Singapore-headquartered shipmanager Synergy Marine Group has named Vikas Trivedi as co-CEO - ship management, with specific responsibility for its tanker and gas carrier division. Trivedi brings nearly 25 years of senior leadership experience from another top-three global ship manager, Anglo-Eastern. He joins existing co-CEO Ajay Chaudhry, who continues to head the dry vessel division. Trivedi's
Shipping's first centrifugal carbon capture system installed on a Scorpio tanker Shipping's first centrifugal onboard carbon capture system has been installed at Turkey's Besiktas Shipyard aboard an LR2 product tanker owned by Scorpio Tankers. The system - designed of retrofits and newbuilds - has been developed by Carbon Ridge, an American firm. The modular design means that space requirements are reduced by up to 75% compared ...
Minerva Marine lines up feeder newbuilds in China Greece's shipowner Minerva Marine has joined the growing list of owners lining up feeder containership newbuildings in China. According to brokers in Athens, the Andreas Martinos-led company has signed letters of intent with two Chinese yards for up to eight 1,800 teu vessels. The orders are split between Yangzijiang Shipbuilding and Huanghai Shipbuilding, with two ...
Arabian Drilling secures first-ever offshore drilling contract outside Saudi Arabia The largest onshore and offshore drilling company in Saudi Arabia by fleet size, Arabian Drilling, has won its first-ever contract for offshore work outside its home country. The contract was awarded by a Gulf Cooperation Council-based company. The GCC comprises Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates. The operations are set ...
Larsen & Toubro bags massive offshore deal in the Middle East Indian engineering conglomerate Larsen & Toubro (L&T) has won an offshore contract with an unnamed 'prestigious' client in the Middle East. According to the company, the deal was won by the conglomerate's hydrocarbon arm. The work order includes multiple offshore packages, covering the engineering, procurement, construction, and installation of offshore structures, along with the upgrading ...
Costamare Bulkers makes first cape addition following spin-off Costamare Bulkers Holdings, the newly launched dry cargo arm of Greek maritime giant Costamare, has completed its first reported ship acquisition since its debut in May. The company has acquired a 176,000 dwt capesize bulk carrier, formerly known as Imperator Australis, from the Japanese firm Santoku Senpaku. The 13-year-old vessel has now been renamed Imperator. ...
Yinson Production inks $600m FSO deal in Vietnam Singapore-based floater owner and operator Yinson Production has signed a contract for the provision of a newbuild floating storage and offloading (FSO) unit to serve the Block B gas field, offshore Vietnam. The contract was awarded by Phu Quoc Petroleum Operating Company to Yinson Production's joint venture company, PTSC South East Asia. This new FSO ...
Houthis parade captive crew from sunken Greek ship in propaganda video The Iran-backed Houthi rebels in Yemen have released a propaganda video showing 10 surviving crewmembers from the Eternity C, a Greek-managed dry bulk vessel they attacked and sank in the Red Sea earlier this month. The Eternity C, a 36,800 dwt vessel built in 2012 and operated by Cosmoship Management, was struck as part of ...
African flags fly high with the dark fleet Three African flags - Comoros, Gambia, Sao Tome - stand out in the July edition of Clarksons World Fleet Monitor for their extraordinary growth. Comoros is now the second-largest ship register in Africa, its fleet size growing by 251.3% this year. The average age of the 595 ships flying the Comoros flag is 30.4 years. ...
World's first International Ready for Recycling Certificate issued GMS, the world's largest buyer of ships for recycling, has announced the issuance of the world's first International Ready for Recycling Certificate (IRRC) since the entry into force of the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships (HKC) on June 26. The certificate, issued by the Liberian Registry, was ...
Let them eat biscuits: The tone-deaf wellness messages undermining seafarer support Dr Jens Tülsner from Marine Medical Solutions writes for Splash today. The maritime industry says it cares about seafarer wellbeing, and I believe it does, but too often the way it shows that care completely misses the point. Health campaigns aimed at seafarers are increasingly modelled on office-based wellness trends: calorie counting, restrictive diets and ...
VLCC spot rates reapproach 2025 lows amid summer doldrums Barring some unexpected event, tanker trades look like they're in for a typically sluggish summer. Upside from Middle East unrest...
SWIFT payments no longer tailor-made for S&P transactions Make sure chosen mechanisms are feasible before signing on the dotted line, WFW partners warn
CMA CGM maintains box volume but US-China trade war weighs on margins CMA CGM Group's shipping division posted $8.2bn of revenues but ebitda was down 19.9% year on year to $1.6bn
Fake flag investigation prompts IMO data review The IMO's data on falsely flagged ships registered to fraudulent registries is dramatically underestimating the scale of the problem, but...
Greek bulker majors continue to avoid Red Sea as Houthis parade hostages As the Houthi campaign against commercial shipping claims more victims and another set of hostages, some of the biggest names...
Pandemic may have made the fleet worse, says Tokyo MOU Port state control inspection from the Tokyo Memorandum of Understanding shows detentions have increased drastically since the Covid-19 pandemic, reflecting...
China's Chishan Group enters shipbuilding with takeover of Baibuting yard New entrants are moving into shipbuilding following an order boom, reviving idle yards to capture what is perceived as ongoing...
Japan Club boosted by S&P upgrade ISFRs closely watched in marine insurance circles
Golden Ocean to merge with CMB.Tech 'as soon as possible' The two companies will aim to complete the merger soon after a Golden Ocean special general meeting scheduled for August...
The Daily View: If it is broke, fix it
Daily Briefing Growing fake ship register network is accelerating flag-hopping | PSC records show most seafarers are well rested. Seafarers say otherwise...
US tariff volatility no longer driving trans-Pacific trade plans As tariff fatigue sets in, US retailers are concentrating more on their product delivery needs rather than adjusting their supply chains on the fly to the vagaries of the Trump administration's trade policy.
Truckload carriers balance networks as tariff uncertainty shifts demand J.B. Hunt Transport and Knight-Swift Transportation - the largest US truckload providers - are shifting assets within their networks as shippers react to supply chain challenges created by higher US tariffs on imports.
CMA CGM's Q2 earnings slide as geopolitics, tariffs hit shipping business The Marseilles-based carrier said the unstable operating environment was disrupting trade flows and leading to growing uncertainty about demand in the major markets.
New Houthi attacks slash MPV northbound transits via Red Sea Having tentatively returned to Red Sea transits, multipurpose and heavy-lift vessels are again shunning the route in favor of the safer, but longer, passage around southern Africa.
Resolution of 'major issues' now takes spotlight in UP-NS merger process While the intermodal piece of the Union Pacific-Norfolk Southern deal could face some obstacles, UP CEO Jim Vena and his team have shown a willingness to try new approaches in growing their intermodal franchise, writes Ted Prince.
UP looks to create first coast-to-coast railroad with $85 billion NS deal Union Pacific said the acquisition of its smaller rival would improve service by reducing interchanges while taking market share from Canada's Class I railroads and the truckload market.
Safe Bulkers ekes out narrow profit in soft second quarter Polys Hajioannou-led company keeps dividend steady amid ongoing fleet renewal
Motion Ventures backs Voyager Portal in bid to use AI to superpower platform for charterers Singapore venture capital fund sees 'exciting' future in tech firm's AI-powered workflow tool
Mystery AIS circles blamed on GPS jamming and spoofing GPS jamming spiked during Israel-Iran conflict
CMA CGM 'cautious' in outlook as second-quarter numbers slow for shipping activity French liner company holds steady on volumes but sees big dive in Ebitda
Shipping groups write to two presidents to voice concerns over carbon tax efforts in Africa Coalition of industry associations send letters to presidents of Djibouti and Gabon
How using old oil and gas rigs could help generate green hydrogen at half the cost Port of London Authority and project partners say government needs to back maritime hydrogen production
Royal Caribbean shares plunge even after earnings beat Wall Street estimates Investors believed to be concerned about cruise giant's guidance on key financial metric: net yield
How using old oil and gas rigs can help generate green hydrogen at half the cost Port of London Authority and project partners say government needs to back maritime hydrogen production
Trafigura hooks up with K-SURE in $200m new-look financing deal 'Innovative' agreement aimed at boosting Korean shipping companies' business as trader eyes chartering growth in country
Danaos adds container ship newbuilding to 16-strong orderbook in China US-listed container and bulker company is said to be paying about $70m for a single post-panamax boxship
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
MR tanker rates rise as activity picks up Spot rates jump by nearly one-third in a week, according to Jefferies figures
Nakilat hunts 'innovative financing' to reduce funding costs Gas shipowner nudges up first-half profit as it gears up to take in LNG newbuilding haul
'Deeply relieved' Cosmoship reacts to Houthi crew video Video showed 11 crew members alive and well, while four others remain missing and presumed dead
Samudera Shipping Line braced for tariff headwinds after profit spike Rates were supported by cargo frontloading
Hong Kong bulker giant Pacific Basin Shipping plots how to navigate Trump's port fees Bulker owner-operator may reflag vessels as part of efforts to meet new US rules
Samudera Shipping Lines braced for tariff headwinds after profit spike Rates were supported in latest quarter by cargo frontloading
Letter to the editor: Science, not belief, supports scrubber washwater ban Robust evidence supports Europe's scrubber discharge ban, says Seas At Risk
'Scientific fact': Green lobby group defends push to ban scrubber discharges Environmentalists continue push to ban scrubber use
New EU price cap policy could supercharge dark fleet, top shipbroker warns Lower price cap means less ability for mainstream tankers to drop into Russian trades, BRS says
Tsakos Energy Navigation linked to double VLCC order at Hanwha Ocean Yard has now secured 10 VLCC newbuildings this year
Psychosis, horror and guilt: How the war in Ukraine is taking its toll on seafarers Psychologist Alex Dimitrevich tells TradeWinds how crew members are suffering as the conflict drags on
'I am a dealmaker now': Entrepreneur Simon Liang opens up about his shipping comeback SPEC has landed orders for 20 offshore supply vessels in only 18 months
Houthi propaganda video shows captive survivors of sunken Greek bulker Houthis use video to back claim that Cosmoship vessel was bound for Israeli port
Synergy Marine hires Anglo Eastern executive as ship management co-CEO Trivedi will lead tanker & gas carrier division
Hanwha Ocean forecasts 'continued interest' in demand for LNG carriers and VLECs Shipbuilder banks on rise of US LNG export projects and lower newbuilding pricing
Major banks back Union Maritime wind-assisted tanker newbuildings with new financing Financing shows appetite to fund low-emitting vessel projects
Braemar brings in broking veteran to head Dubai S&P team Tom Anderson is charged with leading and growing Dubai operation for UK broker
Sanctioned LNG carriers and cargoes hover as Novatek trawls for buyers A third vessel appears to be heading in to load at sanctioned Arctic LNG 2 plant, but where will it discharge?
Hong Kong owner Courage takes half-year loss as tariffs bite Slump in profits from logistics and transportation services caused by trade disruptions
James Fisher lifts first-half operating profit as it 'positions group for growth' Tankship division set for solid first half
Hafnia moves on from product tanker pair as values plummet Product tanker operator takes discount as Fearnleys declares segment has 'hit a floor'
MSC plants flag in China with new ship manager and seafarer drive Plans are underway to recruit at least 2,000 Chinese seafarers by 2026
Chinese owner Shanghai Jinjiang hunts up to four feeder ship newbuildings It seeks to take delivery of the 1,182-teu vessels by 2027
MSC opens first ship management company in China Plans are underway to recruit at least 2,000 Chinese seafarers by 2026
'I am a deal maker now': Entrepreneur Simon Liang opens up about his shipping comeback SPEC has landed orders for 20 offshore supply vessels in only 18 months
UPS posts tepid results amid tariff, restructuring challenges UPS's stock price slid Tuesday after it reported lower parcel volumes and difficulty cutting costs as it works to right-size its delivery network.
Ocean container rates becalmed as shippers, carriers try to be calm Freight rates on U.S. ocean trade routes hold steady as shippers and carriers wait out trade talks, tariff deadlines.
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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