Windward Offshore completes CSOV series with Windward Hamburg Windward Offshore has officially taken delivery of Windward Hamburg, the fourth Commissioning Service Operation Vessel (CSOV) in its newbuilding series with VARD. With Windward Athens, Windward Paris, Windward Munich and now Windward
NORDEN delivers first maritime emissions reductions through RSB Book & Claim NORDEN has delivered the first verified maritime emissions reductions through the RSB Book & Claim registry in a pilot with Microsoft and the Roundtable on Sustainable Biomaterials (RSB). According to NORDEN, the transaction marks the first time a maritime carrier has issued and delivered verified emissions reductions through the RSB registry. Microsoft has also become the first company to use Bo
Tug service strike at Rotterdam, Amsterdam and Zeeland ports FNV Havens has called on union members in the seaports of Rotterdam, Amsterdam and Zeeland to participate in a coordinated strike on Friday, September 4, 2026. The strike is scheduled to run from 11:15 a.m. to 7:00 p.m., covering the second assignment of the day shift and the first assignment of the evening shift. Tug service provider Svitzer has confirmed that its employees will participate in t
GXO appoints new Chief Information Officer GXO Logistics has announced an expansion of its technology organisation, appointing Balaji Rangaswamy to the newly created role of Chief Information Officer effective immediately. Rangaswamy will report to CEO Patrick Kelleher and lead the Foundation pillar of GXO's enhanced technology operating model, which is structured around two complementary priorities alongside the existing Acceleration man
APSEZ launches empty container yard at Mundra Port Adani Ports and Special Economic Zone has announced the launch of a dedicated Empty Container Yard with integrated warehousing at Mundra Port, addressing the significant volume of empty container movements that characterise India's largest container-handling port. Mundra currently handles approximately 1.6 million TEUs of empty containers annually, reflecting its critical role in supporting India
Hapag-Lloyd revises West Africa Express service Hapag-Lloyd will revise its West Africa Express (WAX) service from September 2026, introducing a direct connection between Damietta and key West African ports. The updated service will connect the Mediterranean, Türkiye and West Africa through a revised port rotation. Damietta gains direct West Africa connection Under the new setup, Hapag-Lloyd will offer direct connections from Damietta and Vale
MSC introduces piracy and Suez surcharges on Asia-Mediterranean cargo MSC will introduce new Piracy Risk and Suez Canal surcharges on cargo moving from Asia to the East Mediterranean and Black Sea. The charges will apply from 15 September 2026 , based on the proforma date, and will remain in place until further notice. MSC attributed the move to piracy risks around the Arabian Peninsula, which it said are affecting vessel operations and transit routes across its ne
Maersk's landside warning and the geopolitics of port capacity When Vincent Clerc, CEO of Maersk, told analysts on 13 August that container shipping's real constraint is no longer at sea, he was making a claim with sharper edges than it first appears
Fincantieri and TKMS deepen cooperation in submarine sector Fincantieri and TKMS have signed a Memorandum of Understanding (MoU) to deepen their cooperation in the submarine and underwater sector . The two shipbuilding groups plan to establish a formal Collaboration Framework by the end of 2026. The move remains subject to applicable regulatory processes. The agreement aims to strengthen industrial cooperation in Europe and support future naval projects.
CMA CGM raises Manaus low water surcharge to US$2,315 per TEU CMA CGM will increase its Low Water Surcharge (LWS) to US$2,315 per TEU for shipments to and from Manaus, Brazil. The new surcharge will take effect on 2 October 2026 and will apply to all equipment types. The carrier said the measure comes as falling water levels affect navigation across the Amazon River system. Amazon water levels fall rapidly CMA CGM said water levels in the Negro and Amazon r
Pink Corridor project explores nuclear-powered transatlantic container shipping Lloyd's Register (LR), A.P. Moller - Maersk, the Port of Felixstowe and the Port of Charleston have launched the Pink Corridor project . The project will explore what is needed to operate a nuclear-powered containership between the UK and US. The partners will focus on safety, security, port access and regulation. The project remains at an early, conceptual stage. Project focuses on nuclear shipp
CyberLogitec to deploy terminal operating system at Kuwait's Shuwaikh Port CyberLogitec has signed an agreement to deploy its cloud-based OPUS Terminal M system at Shuwaikh Port in Kuwait. The project forms part of a wider port digitalisation initiative led by Kuwait-based infrastructure company Alghanim Specialities. CyberLogitec will provide its terminal operating system (TOS) to support the digital transformation of operations at Shuwaikh Port. OPUS Terminal M to dig
Explainer:When does a political port bacomes bankable? Four projects are less a set of port deals than a test case for a harder question: when does a corridor built for political reasons start behaving like a bankable commercial network? Post-2025 sanctions relief handed Syria's Mediterranean coast to two of the world's largest terminal operators within months of each other
Global container fleet capacity set to reach 34 million TEU Global container fleet capacity is set to reach a new record of 34 million TEU , driven by high levels of new ship deliveries and limited recycling activity, according to BIMCO. At the beginning of September, the global fleet was only 8,000 TEU short of the milestone. With 46 containerships totalling 286,000 TEU scheduled for delivery during September, BIMCO expects the 34 million TEU mark to be
Container shipping stocks surge in August Most major container shipping stocks moved higher in August, with the rally spreading across listed carriers in Asia, Europe and the United States. Twelve of the 13 companies tracked by Container News finished above their 31 July closing prices. Wan Hai led the group with a 34.6% increase, while Maersk and SITC International gained 23.8% and 20.9%, respectively. Yang Ming and Evergreen Marine als
Lloyd's Register appoints Jens Grunenberg as Senior Representative for Germany Lloyd's Register (LR) has appointed Jens Grunenberg as Senior Representative for Germany , effective 1 September 2026. Based in Hamburg, Grunenberg will represent LR across the German maritime sector. He will also join the company's Hamburg management team. He will continue to serve as LR's Germany Commercial Manager, a position he has held since joining the organisation in July 2026. Grunenberg
Port of Helsinki launches environmental impact assessment for Vuosaari harbour Port of Helsinki has commenced the environmental impact assessment procedure for the expansion of Vuosaari Harbour, initiating the process that will evaluate the environmental and social impacts of various expansion options prior to later decision-making and licensing stages. Preliminary negotiations between authorities are scheduled to begin on September 1, 2026, with the EIA programme expected
Port Otago orders 10 hybrid straddle carriers from Konecranes Port Otago in New Zealand has ordered 10 hybrid Konecranes Noell Straddle Carriers as part of the modernization of its container handling operations. The order also includes Konecranes' complete Noell Fleet Management System. Konecranes booked the order in June 2026. The equipment is scheduled for delivery by the end of August 2027 . New equipment to support container operations The hybrid stradd
CMA CGM, ONE add capacity as Wan Hai expands orderbook Containership fleet capacity continued to expand as new vessels were delivered for CMA CGM, ONE and other major operators, while Wan Hai added further ships to its orderbook, according to the August 2026 edition of DynaLiners Monthly. DynaLiners recorded 20 containership deliveries with a combined capacity of 153,000 TEU during the latest reporting period. At the same time, newly reported orders
Kongsberg-led project targets wider adoption of wind propulsion in shipping Kongsberg Maritime and a group of Norwegian maritime companies and research institutions have launched WINTEGRATE , a project aimed at accelerating the use of wind propulsion in commercial shipping. The project has secured up to NOK 68 million through Norway's Green Platform programme. WINTEGRATE will focus on integrating Wind Assisted Propulsion Systems (WAPS) with other onboard technologies. Th
Roberta Duarte to join Maersk as Chief People Officer A.P. Moller - Maersk has appointed Roberta Duarte as its new Chief People Officer. Duarte will also join Maersk's Executive Leadership Team when she assumes the role on 1 November 2026. The appointment marks her return to the Danish shipping and logistics company after a decade with the group. Duarte previously worked at Maersk between 2014 and 2024. During that period, she held senior people lea
Swire Shipping revises Emergency Bunker Surcharge Swire Shipping will revise its Emergency Bunker Surcharge (EBS) for several regional trades from 15 September 2026. The revised surcharge will apply to shipments with a Bill of Lading dated on or after the effective date. Revised EBS levels Trade 20' dry 20' reefer 40' dry 40' reefer Breakbulk/LCL per RT Global origin regions to Pacific destinations US$385 US$462 US$770 US$924 US$19.25 Pacific or
Nanjing Shenghang lines up six chemical tankers at China Merchants yard Chinese chemical tanker owner Nanjing Shenghang Shipping is scaling up its fleet renewal programme with plans to spend CNY994.8m ($148m) on six 13,500 dwt stainless-steel chemical and product tanker newbuildings. The Shenzhen-listed company has lined up China Merchants Shipbuilding Industry Group Nanjing Shipyard for the series, with each vessel priced at CNY165.8m ($24.7m), including tax. ...
Scorpio puts three tankers on three-year charters Monaco-based Scorpio Tankers has put three product tankers on three-year charters carrying more than $110m in aggregate gross revenue at the disclosed headline rates. The Emanuele Lauro-led owner has fixed LR2s STI Gladiator and STI Jermyn at $40,188 and $42,500 per day, respectively, with both charters starting this month. MR tanker STI Pontiac has been ...
COSCO brands US spying claims 'totally unfounded' COSCO, the world's largest shipowner by fleet size, has strongly rejected allegations that its commercial vessels are being used to collect military intelligence for Beijing. The Chinese state-controlled group issued a statement after Reuters reported that two senior US administration officials believe COSCO ships carry concealed signals-intelligence equipment capable of intercepting military com
Chile opens new shipping link to Falkland Islands A Chilean shipping company is preparing to launch a direct cargo service between Punta Arenas and the Falkland Islands in November, creating a new South American supply route to the politically sensitive archipelago. The Falkland Islands Development Corporation has reached an agreement with Easter Island Naviera, which currently provides maritime services between mainland Chile and ...
Diana cuts Genco stake below 10% Diana Shipping has cut its stake in Genco Shipping & Trading below 10%, continuing a rapid unwind of the position following the collapse of its takeover attempt last month. Fresh SEC filing shows Diana sold another 275,000 Genco shares on September 1 and 2 for about $7.26m. The Athens-based owner offloaded 125,000 shares at an ...
Splash Wrap: Hormuz, Hamburg and the ghosts of the last boom The war around the Strait of Hormuz entered an increasingly dangerous tanker-for-tanker phase this week, with the US striking Iranian state tankers in retaliation for attacks on commercial shipping while a laden VLCC sits abandoned and listing off Oman. SMM, Europe's largest shipping exhibition, hogged many headlines, running from Tuesday through to today across nine ...
Argentina's shale sand rush is quietly reshaping the country's freight and shipping map Argentina's Vaca Muerta shale boom is creating more than an energy revolution. Its demand for silica sand may provide the cargo base needed to revive long-delayed infrastructure projects, from railways and ports to Atlantic-Pacific connections. Fernando Torres, the co-founder of Trade Up Global Business Solutions, reports. Vaca Muerta is creating something beyond oil and gas: ...
Minerva Marine cashes in on vintage ice-classed tankers Minerva Marine has decided it is time to cash in, selling several vintage ice-classed ships, including tonnage from one of its favoured tanker segments. The Greek heavyweight is offloading the 20-year-old aframax Minerva Nounou (114,850 dwt), with Chinese buyers reported to be paying in excess of $40m, according to multiple broking reports. The 2006-built tanker, ...
ALL ABOUT PORTS makes Hamburg debut A new international ports conference made its debut in Hamburg this week, drawing more than 1,100 participants alongside SMM, Europe's largest shipping exhibiton. ALL ABOUT PORTS was held on September 2 and 3 at the CCH - Congress Center Hamburg, bringing together port authorities, terminal operators, technology providers, politicians and logistics companies across a two-day ...
Kaleris buys Newport Systems to automate container maintenance Supply chain software provider Kaleris has acquired Newport Systems, adding maintenance and repair technology for marine terminals and container depots to its growing logistics software portfolio. The deal gives Kaleris an integrated platform connecting equipment owners, repair providers, marine and rail terminals and inland depots, covering assets including containers, chassis, reefers, gensets
The Daily View: Risk appetite is redrawing the tanker map
Carbon-pricing majority holds at IMO, but big questions remain unresolved The IMO's latest greenhouse gas working group meeting has ended with mixed results for the Net-Zero Framework, with voting patterns...
Sanctioned LPG tanker exits Iran shadow fleet via Alang scrapping yard A US-sanctioned VLGC that spent more than three years hauling Iranian LPG has been scrapped in India, marking a rare...
Malaysia forum floats transit levy for Strait of Malacca as funding debate resurfaces Maritime conference in Kuala Lumpur has reignited the long-standing question of whether user states should contribute more to maintaining one...
Skuld books big jump in H1 surplus Norwegian marine mutual comes through with 'solid' technical performance
Over 120 pirates at sea off Somalia as organised hijackings surge EU naval commanders believe more than 120 pirates from multiple Somali clans are now operating at sea in a coordinated...
Finland orders retrial in Eagle S cable-cutting case But accused seafarers have left country and shadow fleet tanker now scrapped
Tanker values have soared in 2026 but signs of stabilisation are emerging Strong owner balance sheets and prolonged healthy earnings have reduced the pressure to sell, allowing owners of modern tonnage to...
Marmara tanker collision master charged with negligence A search for 10 missing crew members on board the cargoship continues more than 48 hours after the collision occurred
European diesel shortages to support US-Europe clean tanker freight rates Rising arbitrage windows leave room for freight rates to grow as Europe contends with diesel shortages
Cosco rejects US espionage allegations as 'totally unfounded' China's largest shipping company pushes back against US spy allegations as tensions simmer ahead of Trump-Xi summit
Daily Briefing Biofuels could change US minds on IMO deal | Russian Black Sea wheat loadings in freefall | Court reveals seized...
Samsung targets CMA CGM in latest FMC complaint The electronics maker, seeking $186 million in restitution, alleges the ocean carrier did not perform its promised merchant haulage moves across US ports during the pandemic, saddling Samsung with excess late fees.
Shippers to face longer wait for containers on 25 CSX intermodal lanes The revised schedules are intended to improve network fluidity around Atlanta and northwest Ohio, according to a notice the railroad sent to customers this week.
Asian exports lift air freight demand as summer slowdown fails to bite But whether the market's mid-year resilience will carry through to the end-of-year peak season remains unclear with rates beginning to ease.
Dry bulk surge leads US-listed shipping stocks to banner week Five-year high in the BDI helps pave the way as oft-overlooked sector continues to build momentum
Wavelength podcast: Can the IMO do more for shipping in the Gulf? Plus, China and India battle for European shipowner orders, and Everllence's new plans
States remain divided over shipping's decarbonisation drive IMO concludes latest round of talks aimed at reaching a deal on the next steps forward for the industry
Suezmaxes rebound as market stays volatile Since mid-August, the sector had been on a downturn
Suezmax tanker rates rebound as market stays volatile Since mid-August the second had been on a downturn
Care for the elderly applies to vessels as well as brokers Former shipbroker-turned-investor Richard Fulford-Smith says the latest recycling yard deaths expose a system that owners can no longer ignore
Cosco slams 'totally unfounded' US spying claims State giant says communication equipment on its vessels is for legitimate commercial purposes
Why container freight rates are moving in opposite directions Suez normalisation drives down European rates, while US East Coast prices near pandemic-era highs
'Freedom of navigation in Strait of Hormuz is implementable', says IMO chief Arsenio Dominguez said the UN body is engaging as much as it can on behalf of shipping, even though 'multilateralism is under attack'
Wavelength podcast: Can the IMO do more for shipping in the Gulf? Plus, China and India battle for European shipowner orders, and Everllence's new plans
Seafarer deaths prompt India to clamp down on fake insurance Shadow fleet tanker used fraudulent protection and indemnity papers to remain in operation before fatal US attack
Greek owner Carlova breaks into bulker newbuildings with Hengli order Inglessis family company confirms it will take delivery of the ship towards the end of next year
Dorian LPG confirms newbuildings as VLGC owner set to hit fresh rate record Company CEO John Hadjipateras describes his Hanwha Ocean newbuilding trio as a 'measured' fleet renewal
Venergy orderbook hits 30 ships as Greek owner firms tanker options Vyron Vasileiadis doubles down on suezmax newbuildings at Hengli Heavy Industry
VLCC player Bruton pays out first dividend as analyst sees potential takeover target Board approves cash distribution of $0.025 per share for August
Exmar banks $150m from senior unsecured bond issue Cash to be used primarily for floating infrastructure projects build-out
EU signs up to US 'Economic Outcast' pressure campaign on Iran US Treasury secretary says bloc is officially on board following G20 meetings
Price and auction date set for drone-hit GasLog LNG carrier Guangzhou Shipping Exchange prepares for pioneering sale as experts speculate on repair job
How new Houthi threat changed the face of shipping in the Red Sea BigOceanData crunched the numbers as the rebels blockade changes shipping
Arctic sees crude tanker 'rate bonanza' as 'the party goes on and on' Analyst maintains buy ratings for all tanker stocks in coverage
Yangzijiang Maritime inks tankers and bulk carrier newbuildings worth $450m Singapore-listed company has ordered two MR tankers and up to 10 ultramax bulk carriers
Diana Shipping continues Genco exit as holding slides below 10% Genco Shipping & Trading shares have held their value despite a series of selldowns by the Greek owner
Big jump in truck transportation jobs in latest BLS report With the overall jobs report from the Bureau of Labor Statistics showing a surprisingly big jump in employment, truck transportation participated in that rebound. The monthly report showed truck transportation employment rising 4,800 jobs to 1,470,300. It's the highest level of jobs in the sector since October. But with employment since then mostly trending down each month, the number of jobs in
Jones Act service gets new 10-year port deal Jacksonville-based carrier Trailer Bridge and terminal operator Ports America have signed a 10-year agreement to handle stevedoring and deploy terminal technology for Trailer Bridge's Jones Act barge service between Jacksonville and San Juan, Puerto Rico. The deal gives Ports America responsibility for cargo handling at Trailer Bridge's Blount Island terminal at Jaxport and calls for implementati
102 Dems to STB: Put labor first in UP-NS rail merger review More than 100 House Democrats, led by Rep. Valerie Hoyle (D-Ore.), sent a letter Thursday to the Surface Transportation Board demanding that the proposed Union Pacific-Norfolk Southern merger be evaluated first and foremost for its impact on railroad jobs, safety and accountability. In a rare showing of party unity that comes just weeks before the crucial midterm elections, the Sept. 3 letter, si
Retail diesel has never been this expensive Retail diesel prices are at an all-time high according to one key measurement. The daily average national retail price for diesel, published by AAA, was set Friday at $5.85/gallon. A day earlier, the price at $5.7832/g set the highest price since military action began against Iran at the start of March. The $5.85 price broke through the previous all-time high price of $5.82/g set in June 2022, a
Trailer Flexibility Is Disappearing Faster Than Fleets Realize For the past several years, many fleets have viewed trailer capacity as a lever they could pull as conditions changed-adding units when freight improved and returning them when demand softened. According to Ed Behnen, Senior Vice President of Sales at Premier Trailer Leasing, that flexibility is becoming far less available. Behnen joined Malcolm Harris on What the Truck?!? . Since his last appear
Maersk unfurls new sail power for container ship Maersk has signed an agreement to install a high-tech "rotor sail" on one of its container vessels, marking the company's first foray into wind-assisted propulsion for its ocean fleet. The 115-foot-tall sail, designed by London-based Anemoi Marine Technologies, will be retrofitted to a 984-foot, 8,700-TEU Lima-class ship and piloted during regular commercial service, with installation due in mid-
FBI investigating dark-web service claiming 153M license records, raising CDL security concerns The FBI is examining a dark-web service that claimed access to 153 million driver's license records. The Nexus collection covered people across the United States and Canada. Some entries carried labels reading "CDL" or "ECDL." Researchers warn that stolen credentials could complicate driver verification throughout the supply chain. "The FBI can confirm that it is looking into the incident," FBI N
Logistics provider accuses Alabama carrier of raiding its workforce, stealing trade secrets Imperative Logistics is accusing two former employees and Alabama Motor Express of orchestrating a scheme to steal confidential customer, pricing and operational information and use it to divert business. Imperative Logistics LLC and subsidiary DTH Expeditors LLC filed a lawsuit on Monday in the U.S. District Court for the Northern District of Georgia against Alabama Motor Express, doing business
Trailer builder Fruehauf wants parts makers as co-defendants in suit A dispute over allegations of defective work that resulted in trailers catching fire now is threatening to drag in the manufacturers of some of those components that may be at the root of the incidents. The case of Indiana-based Summitt Leasing and Summitt Trucking vs. Fruehauf was first filed in the U.S. District Court for the Western district of Kentucky at the end of last year, with an amended
Hung jury for pair accused of murder in NOLA accident scam A jury has reached a partial verdict in the New Orleans staged accident scam murder trial, but without a conviction for the death of Cornelius Garrison. The four-week trial in the U.S. District Court for the Eastern District of Louisiana ended Thursday in a mixture of verdicts that local media described as shocking its observers, with a hung jury declared in the murder prosecutions for Sean Alfor
How Supply Chain Leaders Should Approach Their Next AI Investment AI investment in supply chain is accelerating - but so is the gap between companies seeing real returns and those still figuring out where to start. This white paper brings together the latest research from Gartner, McKinsey, and FreightWaves to show where the industry actually stands on AI readiness, and what separates the leaders from the rest. What You'll Learn Where the AI readiness gap reall
Samsara Q2 revenue jumps 30% as transportation, Mexico fuel growth Samsara reported second-quarter fiscal 2027 revenue of $508.4 million, up 30% year over year, as the connected-operations technology provider continued expanding among large customers and saw accelerating growth in transportation and Mexico. San Francisco-based Samsara ( NYSE: IOT ) said Thursday that annual recurring revenue reached $2.125 billion for the quarter ended Aug. 1, also increasing 30
XPO's August metrics align with Q3 guidance With August in the books, less-than-truckload carrier XPO remains on track to achieve its third-quarter guide for a mid-single-digit tonnage increase. XPO ( NYSE: XPO ) reported a 3.7% year-over-year increase in tonnage for August as a 5.7% increase in daily shipments was partially offset by a 1.8% decline in weight per shipment, according to a Thursday news release. The headline tonnage number d
Cheapest Freight Isn't Best When Delays Cost Millions Cheapest freight isn't always best, especially when a late shipment can cost millions. ShipStation Global CEO Tom Madine breaks down why SMB shippers need parcel, LTL and truckload in one workflow, and why better freight decisions now matter more than just lower rates. From the merger that created ShipStation Global to adding more modes into the platform, this conversation gets into where shippin
NASCAR Engine Logistics: 9-12 Engines a Week 850-pound NASCAR engines, moved cross-country on a tight build schedule and ground freight beat air. FreightWaves Today sits down with ShipStation Global and Toyota Racing Development (TRD) to break down how TRD ships 9-12 race engines a week from Costa Mesa, California, to North Carolina with fewer touches, tighter control and reliable Monday delivery. This is a real-world look at high-stakes tr
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