C&C Marine and Repair launches new aluminum division After nearly 30 years in the marine construction and repair industry, Belle Chasse, La.-based C&C Marine and Repair is expanding its capabilities with the launch of a dedicated aluminum fabrication division. The
Kongsberg Maritime enters agreement to acquire Steerprop Kongsberg Maritime ASA has entered into an agreement to acquire Steerprop, the Finnish designer and manufacturer of azimuth propulsion systems specialising in high ice-class and Arctic vessels. Steerprop has built a strong
CHS, OCP strengthen U.S. fertilizer supply CHS, a farmer-owned cooperative, and OCP North America, a subsidiary of the OCP Group, are taking a major step to strengthen domestic fertilizer production in the United States. Through a proposed joint
Damen opts for Everllence 175D engines for its Fuel Flexible tug portfolio Everllence has signed a framework agreement covering the serial supply of its 175D high speed engine to Damen Shipyards Group. The basis of the agreement provides for a long-term partnership between the
Davie Defense names Bill Rebarick president, U.S. operations Bill Rebarick has been appointed president, U.S. operations, with responsibility for the day-to-day leadership of Davie Defense and Gulf Copper. He will report to Philip Burns-O'Brien, CEO of Davie Defense and Gulf
LM Workboats wins order for 59-foot Maryland DNR research vessel Lyman-Morse Workboats has been contracted to build a new 59-foot aluminum research vessel for the Maryland Department of Natural Resources. Designed in collaboration with U.K.-based naval architecture firm Chartwell Marine, the vessel
New Pacific gets into shipbuilding with two Glosten-designed tugboats Vancouver, Wash. -based heavy industrial fabricator New Pacific Industrial (NP) has launched its first shipbuilding program with the construction of two 122-foot American Class tugboats for American Marine Corporation (AMC) at its
Everllence and Damen sign agreement for engine supply Everllence has signed a framework agreement with Damen Shipyards Group for the serial supply of its 175D high-speed engine, establishing a long-term partnership for the delivery of engines across Damen's Fuel Flexible tug programme and other applications. Damen is the world's largest producer of harbour and escort tugs built to standard, pre-defined designs on a serial basis, enabling reduced ves
bound4blue secures Bureau Veritas assessment for eSAIL design bound4blue has secured a Design Assessment from Bureau Veritas for its Model 3-24 eSAIL wind propulsion system. The assessment confirms that the suction sail design has been independently reviewed against Bureau Veritas' technical requirements. The recognition comes as bound4blue expands the deployment of its wind propulsion technology across commercial shipping. More than 50 eSAIL units ordered
Maersk introduces new Mediterranean peak season surcharges Maersk will introduce new Peak Season Surcharges (PSS) on cargo moving from the Mediterranean to the United States and Canada. The new charges will take effect on 7 October 2026 and will remain in place until further notice. West Mediterranean surcharge set at $250 per container For cargo moving from the West Mediterranean to the United States and Canada, Maersk will apply a surcharge of US$250 p
Uruguay ends $600 million Montecon-linked arbitration Uruguay has reached an agreement with Neltume Ports to end a US$600 million international arbitration linked to container terminal operator Montecon and operations at the Port of Montevideo. Neltume Ports, the majority shareholder in Montecon, has irrevocably withdrawn its claims against the Uruguayan state before the World Bank's International Centre for Settlement of Investment Disputes (ICSID)
HMM signs $3.4 billion long-term shipping contract with Vale HMM has signed a 25-year shipping contract with Vale worth approximately KRW 4.7 trillion (US$3.4 billion) . Under the agreement, HMM will transport iron ore for the Brazilian mining company from 2030. The latest deal is HMM's third major long-term contract with Vale. The companies signed two separate 10-year agreements in May and September 2025. Eight Newcastlemax vessels to serve contract HMM w
Why Iran's Hormuz exclusion zone changes the shipping risk calculus Iran is preparing to draw a line at sea that no shipowner has seen before not around a vessel's flag, and not around a fee, but around a stretch of ocean it shares, uneasily, with the US Navy
Bluecore Energy raises $50 million for floating nuclear power systems Bluecore Energy has raised US$50 million in seed funding to accelerate the development of its floating nuclear energy systems. The round was led by Silverton Partners and follows the company's US$10 million pre-seed round announced when it emerged from stealth in July. The maritime nuclear energy company is developing its first system from its headquarters at the Port of Long Beach . Funding to a
SAFEEN Drydocks adds UAE's largest floating dock SAFEEN Drydocks has expanded its ship repair capacity with a new 230-metre floating dock at Zayed Port in Abu Dhabi. According to the company, the facility is the largest floating dock in the UAE . The dock has a lifting capacity of 21,000 tonnes . It will handle ocean-going commercial vessels and rig repair projects. New dock expands repair capacity The floating dock is positioned alongside 1,00
Port of Gdynia and ORLEN explore LNG bunkering for container ships ORLEN and the Port of Gdynia Authority have signed an agreement to explore the development of LNG and bioLNG bunkering services at the Polish port, including ship-to-ship fuel transfers. The partnership will assess market demand for LNG and bioLNG bunkering, as well as the infrastructure, operational conditions and regulatory requirements needed to expand alternative marine fuel availability alon
Maersk tightens EU cargo loading rules and restricts SOC exports from Hungary Maersk has announced two operational changes affecting cargo moving through the European Union and exports from Hungary. The carrier will introduce a "No MRN, No Load" policy from 30 September 2026 for cargo subject to EU Import Control System 2 (ICS2) requirements. Separately, Maersk has stopped accepting selected Shipper Owned Container (SOC) bookings from Hungary using its inland network. Maer
Montevideo container terminal operations severely restricted amid indefinite strike Operations at Terminal Cuenca del Plata (TCP) in the Port of Montevideo remain severely restricted following an indefinite strike by terminal workers, as negotiations over a new collective agreement continue. The industrial action began at 10:00 local time on 7 September, with the TCP-Nelsury workers' union subsequently deciding to maintain the stoppage for an indefinite period. According to loca
DP World Southampton adjusts Modal Shift Programme incentives DP World Southampton will revise the incentive rates under its Modal Shift Programme (MSP) from 1 October 2026. The programme encourages import containers to move from Southampton by rail rather than road. The new rates will remain in place until the end of December 2026. Import container incentive falls to £35 Until 30 September, import clearing agents receive £50 per laden import container move
Hapag-Lloyd faces mounting Israeli opposition to $4.2 billion ZIM deal Hapag-Lloyd and FIMI are facing mounting opposition in Israel over their proposed US$4.2 billion acquisition of ZIM, as the buyers work on a revised proposal aimed at securing government approval. Hapag-Lloyd and FIMI to revise $4.2 billion ZIM acquisition bid According to Israeli business newspaper Calcalist, eight government bodies are expected to provide positions on the proposed transaction,
Inside CMA CGM's European network reshuffle CMA CGM is reorganising parts of its intra-European network, redistributing port calls across several Northwest European services while taking greater control of selected regional corridors
China's eastern pivot and the Taiwan Strait's commercial resilience China's Coast Guard has spent the summer of 2026 quietly redrawing the map of maritime pressure around Taiwan not by tightening its grip on the Strait, but by opening a second front along the island's Pacific coast
Damen unveils 1,100 TEU container feeder design Damen Shipyards Group has unveiled a new 1,100 TEU container feeder , targeting regional and international feeder operations. The new Container Feeder (CFe) 1100 combines a fuel-efficient hull with hybrid technology and preparations for future methanol and battery propulsion. The vessel joins Damen's existing CFe 800 and wider cargo vessel portfolio. Hybrid system comes as standard The CFe 1100 i
Panama lifts confidentiality restrictions on port concessions The Panama Maritime Authority (AMP) has repealed a controversial measure that restricted public access to information concerning port concessions and other maritime-sector administrative processes for up to 10 years. The AMP's Board of Directors agreed during an extraordinary meeting on 1 September to repeal Resolution JD No. 012-2026, which had been published in Panama's Official Gazette on 28 A
Hapag-Lloyd adjusts MSW service as Panama Canal water levels fall Hapag-Lloyd is temporarily changing vessel deployment on its MSW service due to lower water levels at the Panama Canal. The carrier said the conditions could disrupt Canal crossings and affect schedule reliability. As a result, four vessels will be gradually replaced while Hapag-Lloyd works to maintain weekly service frequency. Four vessels to be replaced The temporary deployment plan affects the
Ilya Espino de Marotta becomes first woman to lead Panama Canal Ilya Espino de Marotta has taken office as Administrator of the Panama Canal. She is the first woman to lead the Panama Canal. Her term began on 7 September 2026 and will run until 2033. She succeeds Ricaurte Vásquez Morales. Four decades of experience at the Canal Espino de Marotta has worked at the Panama Canal for more than 40 years. She joined the organisation in 1985 as a marine engineer.
Evergreen operates 58,000 IoT-enabled reefer containers Evergreen Marine is operating around 58,000 reefer containers equipped with Internet of Things (IoT) technology as it expands its smart cold chain capabilities. The carrier highlighted its reefer operations during Asia Fruit Logistica 2026 in Hong Kong. Evergreen said its technology allows the condition of refrigerated cargo to be monitored throughout its journey. Real-time monitoring across reef
Newlight hydrogen retrofit cuts fuel use 24% on Lomar vessel Newlight has completed the first long-range commercial voyage using its hydrogen-hybrid energy system aboard a Lomar Shipping bulk carrier. The company reported a 24% reduction in fuel consumption during an 8,500-nautical-mile voyage from Singapore to Ghana. Newlight also reported a 28% reduction in CO2 emissions and a 22% reduction in carbon monoxide emissions during the tests. Hydrogen system t
Hutchison Ports BEST adds two new quay cranes in Barcelona Hutchison Ports BEST has put two new Ship-to-Shore (STS) cranes into operation at its container terminal in the Port of Barcelona. The cranes arrived at the terminal at the end of June. They have since completed assembly, testing and commissioning. The investment increases BEST's capacity to handle some of the world's largest containerships. New cranes can handle vessels up to 26 rows wide The tw
Port of Duisburg gains funding for smart logistics The state of North Rhine-Westphalia has announced funding awards for CellPort Network for Smart Logistics involving collaboration between the University of Duisburg-Essen, Duisburg Business and Innovation GmbH and Duisburg Port AG. The CellPort project will transform the Port of Duisburg into a real-world laboratory for the logistics of tomorrow, creating an innovation and transfer ecosystem deve
KMTC suspends special cargo shipments to Japan during Silver Week Korea Marine Transport Co. (KMTC) has announced a temporary suspension of selected special cargo shipments to Japan during the country's Silver Week holiday period. The restrictions will apply from 18 to 25 September 2026 . DG, OOG and reefer cargo affected The temporary restrictions cover three categories of special cargo: Dangerous goods (DG) Out-of-gauge cargo (OOG) Reefer cargo (RF) KMTC sai
Vessel delays hit major US container gateways Container terminals at several major US gateways are facing vessel delays, with waiting times reaching up to 18 hours at Charleston and 12 hours at Los Angeles, according to Hapag-Lloyd's latest North America operational update. The German carrier's Week 36 data shows varying levels of congestion across key US ports, while several other gateways continue to operate with little or no vessel waitin
Transport Capital-backed Seahawk moves into vessel lending Frankfurt-based investment manager Seahawk Investments has moved into direct ship lending with the launch of a Luxembourg maritime credit fund targeting smaller and mid-sized owners that have found access to traditional bank finance increasingly selective. The Transport Capital-backed firm has launched the Seahawk Maritime Credit Fund (SMCF), a Luxembourg-domiciled reserved alternative investment
Saipem wins Turkish FPU commissioning job Italian offshore engineering contractor Saipem has picked up another piece of Turkey's fast-expanding Sakarya gas development, securing the commissioning work for the country's first floating gas production unit. GOE Petrol Sanayi has awarded Saipem an eight-month contract covering commissioning services for the Osman Gazi FPU, which is being prepared to start work at Turkish Petroleum's ...
Hunter's VLCC charter dispute swells to $55m Hunter Group's long-running VLCC charter dispute has escalated further, with the amount of unpaid hire claimed by the Oslo-listed company climbing above $55m after its largest monthly shortfall to date. The unnamed long-term counterparty paid around $11.75m less than Hunter says was due for August, marking a sixth consecutive month of reduced payments since the ...
Eni hands McDermott major Cyprus subsea contract McDermott has landed a subsea contract worth between $500m and $750m from Eni for the fast-tracked Cronos gas development offshore Cyprus, adding another sizeable offshore project to its orderbook. The Houston-based contractor will provide project management, engineering, procurement and installation support for the deepwater development. McDermott classifies the award as "substantial", a categor
GSD adds another Japanese bulker newbuild Turkey's GSD Holding has added another Japanese-built bulker to its expanding newbuilding programme, signing up for a 40,300 dwt handysize for delivery in 2030. The Istanbul-listed group said its Marshall Islands-based subsidiary Lena Maritime signed the deal with Laurel World Maritime, a subsidiary of Japanese trading house Itochu Corporation. The ship will be built within ...
Venergy firms Hengli suezmax options as orderbook hits 30 Greek owner Venergy Maritime has firmed two more suezmax newbuildings at China's Hengli Shipbuilding, taking its series at the Dalian yard to four and pushing its wider newbuilding programme to 30 ships. The Vyron Vasileiadis-led company has exercised options for two 158,000 dwt tankers attached to a deal struck earlier this year. Brokers are putting ...
Ship recycling safety must start before the first cut Another fatal accident in Bangladesh has highlighted a risk that can arise before anyone enters an enclosed space, and why the industry must give greater attention to the first opening of long-sealed ballast tanks, H2S awareness and emergency rescue. Dr Anand Hiremath, the CEO of the Sustainable Ship and Offshore Recycling Program, writes for Splash ...
Precious sends fresh ultramax straight to Trafigura Thai dry bulk owner Precious Shipping has sent its newly delivered ultramax straight into term employment with Trafigura, fixing the ship for up to 14 months on an index-linked deal. The Khalid Hashim-led company said the 63,500 dwt Ratima Naree started a 12-to-14-month charter with Singapore-based Trafigura Maritime Logistics on September 7, just days after ...
QatarEnergy tests Hormuz with first open LNG transit in six weeks QatarEnergy has sent an LNG carrier openly through the Strait of Hormuz for the first time in nearly six weeks. The QatarEnergy-controlled vessel, Al Marrouna, transited with AIS switched on, rather than using the dark-mode navigation adopted by much commercial traffic in recent weeks, and is bound for Pakistan's Port Qasim, where it is due ...
Shipping powers warn global maritime rulebook is breaking down Eighteen of the world's leading maritime nations have issued an unusually stark warning that the international rules underpinning global shipping are being eroded, threatening to fragment both maritime markets and global trade. In a public statement titled In defence of free shipping, the Consultative Shipping Group (CSG), whose members include Greece, Japan, South Korea, Singapore, ...
CyberDockside.ai and HexaShield team up on maritime cyber monitoring CyberDockside.ai has partnered with HexaShield to offer continuous cyber monitoring and resilience services to ports, terminals and vessel operators across the Americas, EMEA and Asia Pacific. The tie-up combines CyberDockside.ai's maritime cyber platform, consulting, assessments and testing with HexaShield's managed security services and 24/7 Security Operations Centre. The companies are targeti
Shearwater upgrades OBN arsenal with electric ROV debut Norwegian seismic player Shearwater GeoServices is putting its newly installed electric ROV systems into commercial service for the first time on a seven-week ocean bottom node campaign in the North Sea. The Bergen-based company said the work will be carried out by the SW Tasman, deploying its proprietary Pearl nodes with the upgraded ROV spread, ...
Pacifico steps up Korea offshore wind push with $1bn filing US energy infrastructure developer Pacifico Energy has filed an investment declaration worth more than $1bn with South Korea's Ministry of Trade, Industry and Resources covering two offshore wind projects with combined planned capacity of 2.79 GW. The declaration covers the 990 MW Manho and 1.8 GW Jindo Baram developments off Jindo County and was submitted ...
Scotland backs BW Ideol's Ardersier floater factory BW Ideol has secured more than £778,000 ($1.05m) in Scottish Government funding to move its planned floating wind foundation factory at the Port of Ardersier into front-end engineering design. Highlands and Islands Enterprise approved the funding following work with Scottish Development International. The money will support an 18-month FEED programme for a production facility dedicated ...
Splash Singapore: OM Maritime's Subhangshu Dutt wants users to take control of shipping's AI agenda Shipping's technology agenda is still being shaped too much by vendors and developers rather than the people who actually have to use the systems, according to Subhangshu Dutt, CEO of Singaporean shipowner OM Maritime. Ahead of Splash Singapore on September 24, Dutt, one of a number of shipowners sponsoring the event, says he wants to ...
OneSubsea joins Azule's West Hub Tails contractor line-up SLB OneSubsea has landed a controls umbilical contract from Azule Energy for the West Hub Tails project offshore Angola, adding another subsea package to the redevelopment that will shift production from the ageing Ngoma FPSO to the new Agogo unit. The SLB-controlled subsea specialist will design and deliver additional controls umbilicals needed to redirect output ...
Water tops daunting in-tray for Panama Canal's first female administrator Ilya Espino de Marotta has become the first woman to take charge of the Panama Canal, inheriting an institution once again facing its most persistent modern-day enemy: water. The 65-year-old engineer formally took office on Monday for a seven-year term after more than four decades at the canal, where she has worked across engineering, operations ...
Hapag-Lloyd reshapes ZIM bid to secure Israeli approval Hapag-Lloyd and Israeli private equity firm FIMI are reworking their $4.2bn takeover of ZIM in an attempt to overcome fierce political opposition and secure Israeli government approval. The German liner giant said it has held several rounds of talks with Israel's economy, finance and defence ministries and will submit an improved proposal by the end ...
HMM locks in $3.4bn Vale iron ore contract HMM has signed a long-term iron ore transportation contract with Brazilian mining giant Vale worth approximately KRW4.7trn ($3.4bn), further strengthening the Korean carrier's push into stable long-duration dry bulk business. The agreement will run for 25 years per vessel, with transportation commencing in 2030. It is HMM's third major long-term contract with Vale, following two ...
BULL continues bargain hunt in ageing tanker market Indonesia's Buana Lintas Lautan (BULL) has added another vintage MR tanker. The tanker owner has added the 20-year-old Lady of Doria, a 46,000 dwt MR2 built at Naikai Zosen Setoda, marking its fourth MR purchase in as many months, all in a similar age bracket. The acquisition takes BULL's fleet to 13 ships as the ...
Port Louis advances $58m-plus terminal upgrade Mauritius' Cargo Handling Corporation Ltd (CHCL) is pressing ahead with a major upgrade of its Port Louis container operations, signing for two new ship-to-shore cranes and five hybrid rubber-tyred gantry cranes. The investment forms part of an equipment renewal programme worth more than Rs2.7bn ($57.7m), which CHCL is funding from its own resources. The first ...
Maritime nations warn geopolitical fragmentation threatens rules-based shipping order A coalition of 18 leading maritime nations warns geopolitical fragmentation, sanctions disputes and competing interpretations of maritime law are putting...
Nobu Su seeks industry donations for unorthodox new sails pitch Former billionaire shipowner Nobu Su wants to develop wind propulsion coupled with air lubrication and better hull forms to cut...
Global container market carries first-half momentum into Q3 Global container traffic rose 5.1% in the first seven months of 2026 despite the Middle East Gulf disruption cutting off...
Marine insurance claims costs ease off from peak Payouts down from 2024/25 but still 'elevated', Cefor statistics reveal
Key US ports vulnerable to Baltimore-style bridge collapse, coastguard warns Payouts on the Baltimore bridge collapse could top the $3bn mark, and a US Coast Guard report suggests if a...
Hapag-Lloyd's Zim takeover bid exposes the strategic limits of liner shipping consolidation Hapag-Lloyd and Zim merger contrasts with most other liner shipping consolidation deals of the past three decades, when governments generally...
Chinese teapot refiners face October run cuts as discounted crude supply tightens Independent Chinese refiners are facing a growing risk of crude run cuts from October as Iranian supplies dwindle, Russian barrels...
Panama Canal warns of deeper transit cuts as El Niño drought threat intensifies New canal chief says daily ship transits could fall to as few as 27 vessels if rainfall deficits worsen, raising...
Non-Opec+ production in focus as tankers see gains from rising exports Member states exiting the cartel have been targeting export markets intensively, creating opportunities for crude tankers
HMM lands $3.5bn Vale contract to deploy tri-fuel newcastlemaxes HMM and Shandong Shipping are among key partners in Vale's greener fleet ambitions, with alcohol-based fuels gaining traction in the...
Daily Briefing Russia ships first Vostok Oil cargo as Putin outlines Arctic ambitions | Iran proposes Hormuz shipping corridor as tanker war...
Signs of slow freight demand growth surface in LTL sector Freight demand was either better or "less worse" at three of the largest LTL providers last month, bolstered perhaps by the need for shippers to speed some freight to inventories.
Gemini drops Shanghai from Asia shuttle service amid ongoing storm delays That comes as ONE said the port would be temporarily omitted from 11 Premier Alliance US East Coast sailings through mid-October to maintain schedule reliability.
US data center buildout boosts Enstructure's Gulf Coast network The breakbulk and bulk terminal operator has quintupled the size of its network with the Logistec acquisition and aims to gain share in industrial end-markets.
Hapag-Lloyd to alter Zim bid to placate Israeli government The proposed $4.2 billion acquisition raised national security fears in Tel Aviv, sparking strong opposition since the deal was announced in February.
Venezuela's US-driven crude ramp-up to provide boost for Atlantic tankers Chevron to increase production as Trump administration takes stake in smaller outfit
Wooyang Shipping orders triple-fuel bulker giants for Vale contracts South Korean shipowner has booked four newcastlemaxes after securing 25-year contracts with mining giant
Longtime NIBC banker Michael de Visser emerges in new role
From OOCL crisis to Hong Kong's first chief executive: CH Tung dies at 89 Shipping heir navigated a near-collapse before making an extraordinary move from the liner boardroom into politics
Infographic: More than 80 commercial ships fall victim to Middle East war Saturday strikes by US contribute to third-highest weekly hit count of the conflict
Norwegian Shipowners chief explains why it's harder to own a ship in Oslo than Athens CEO Knut Arild Hareide identifies two issues that threaten Norway's competitiveness
Leonhardt & Blumberg orders two more tanker newbuildings in China Delivery is scheduled in 2029
Norwegian Shipowners chief explains why it's harder to own a ship in Oslo than Athens CEO Knut Arlid Hareide points to two issues that threaten Norway's competitveness
Dynagas LNG Partners flags up trips on EU exemptions for Russian trading LNG duo Greek owner expects to replace UK service providers on two ships
Two-tier fleet damaging global trade, say shipping nations Group including Greece, Norway, Japan and Singapore calls for level playing field for all shipping
Change, change and more change: Complex challenges face new marine insurance leader Trade body set to name Sean Dalton as president, who wants to help new leaders to address risks from global volatility
CMA CGM battles Samsung over multi-million-dollar Covid-era complaint US shipper lodges its latest and largest claim against liner operators with US regulator
Kourtesis family-backed shipping fund completes its first investment Former Geogas vessel emerges with new LPG-focused venture
Bahraini LNG floating storage unit makes stealthy exit via Strait of Hormuz Seventy LNG carriers transit chokepoint in six months, compared with normal 90 laden monthly tally
'Silver tsunami': Ageing tonnage triggers rising cost of machinery claims Norwegian insurers say breakdowns reflect rising age of the global fleet
Pacific Basin sells supramax to Chinese buyers as smaller bulker values surge Columbia River fetches more than $13m as BSI rally lifts small bulker prices
Shipping can learn from mining in addressing gender balance, says BHP maritime chief Australian multinational is passing on its insights with the aim of employing more women at sea
'As good as they can get': Why Norwegian hedge fund is shorting shipping stocks 'Enormous orderbooks' weigh on supply and demand outlook, Sissener says
'Ball in US court' to reopen Strait of Hormuz, says Iran The warring parties at loggerheads over who should control the Strait of Hormuz
Himalaya Shipping banks premium on newcastlemax bulkers and hikes dividend Fleet earned $57,700 per day in August
Turkish shipowner Besiktas resumes tanker acquisitions with $35m buy Istanbul-based company inks deal with UAE-based company
Unpaid Hunter VLCC hire bill hits $55m as charterer refuses to pay Counterparty pays $11.8m less for August as dispute drags on
Precious fixes brand-new bulker to Trafigura on year-long index deal Although deal comes with a modest multiplier, market sources deem the benefits considerable for Thai shipowner
HMM inks $3.5bn long-term iron-ore contracts with Vale spanning 25 years Shipowner says eight triple-fuel newcastlemaxes have been allocated to the deal
China Merchants faces MSC question as Hambantota volumes soar Management sidesteps investor questions while outlining plans to strengthen Sri Lankan hub
China Merchants Energy predicts VLCC market will keep beating expectations Tanker giant expects even stronger earnings in the fourth quarter
QatarEnergy sends laden LNG carrier via Hormuz for first time in almost six weeks Vessel is bound for peace negotiator Pakistan's receiving terminal
Fuel Surcharge Gaps: What Carriers Miss on Every Load Fuel surcharge gaps are quietly killing carrier margins. Matt Cartwright of Magnus Technologies explains how fleets can measure true fuel cost by load, compare it to recovery, and spot where contracts and invoicing are leaving money behind. The conversation covers fuel indexes, actual consumption, idling, miles, invoicing and how a TMS can help carriers react faster when diesel moves. It also get
Autonomous Trucking in 28 States: What Changes Next? Autonomous trucks are already operating in 28 states-and that changes how freight leaders should think about the market right now. uShip CEO Sean Wu breaks down what autonomy could mean for consolidation, where standardization wins, and why bulky, nonstandard freight still needs human coordination. He also explains where marketplaces fit, why oddball freight gets pushed out of standardized networ
Cabless Trucks Are Coming Faster Than Carriers Think Cabless autonomous trucks could reshape short-haul freight faster than most carriers expect. Humble Robotics CEO Eyal Cohen breaks down the skateboard concept, why drop trailers may lose value, and how these units could eventually land near trailer-level pricing. The big takeaway: autonomous freight isn't just about removing the driver seat. It could change dock operations, dwell economics, maint
Shipping Volatility: Are Freight Markets Balancing? The latest freight market update reveals Labor Day tender rejections surged significantly, marking the strongest increase since 2021. Dive into the numbers on truckload rejections, spot rates, and intermodal trends to understand the current market volatility and what shippers can expect as we head into Q4. Truckload tender rejection rates jumped back above 14.5% in the week leading into Labor Day
$604M CH Robinson Verdict Still Isn't Final Yet CH Robinson's $604 million nuclear verdict still hasn't been affirmed - and that delay matters. John Kingston breaks down where the Lipa v. Lupu Superior case stands, why the judge's next move could reshape broker liability, and why big brokers think smaller competitors may take the harder hit. This is one of the most important legal stories in trucking right now: insurance, partial liability, ap
Drinking water or warships? Panama Canal reverses ship restrictions The Panama Canal Authority has postponed a planned reduction in the maximum authorized draft for vessels transiting the neopanamax locks, keeping the current 14.63-meter (48-foot) limit in place. A previously announced reduction to 47.5 feet, which was scheduled to take effect on October 1, has been delayed following the waterway's latest review of Gatun Lake levels and weather projections. Gatun
Sustainability goals: New analysis shows 31% emissions gap between ocean carriers on same trade lane Global container shipping's average emissions intensity rose 1.5% year over year in the second quarter of 2026, but that masked widespread efficiency gains across most vessel segments and stark operational differences between carriers running comparable services. Athens-based VesselBot analyzed 86,389 voyages completed by 6,523 container vessels, finding that fleet-wide and trade-lane averages co
Trump says US could stop trading with Mexico, other countries over trade deficits President Donald Trump said Mexico has little the U.S. needs and suggested Washington could stop trading with countries where it runs trade deficits, escalating rhetoric against one of America's largest trading partners. President Donald Trump suggested the U.S. could stop trading with Mexico and other countries where it runs large trade deficits, saying during an Oval Office news conference Frid
New Canadian tariffs hit $20B in US goods, pressuring cross-border supply chains Canada imposed retaliatory tariffs of up to 50% on nearly $20 billion worth of U.S. goods Tuesday, escalating a trade dispute that experts say is raising costs and uncertainty across deeply integrated North American supply chains. The tariffs took effect just after midnight Tuesday and cover roughly C$27.6 billion ($20 billion) in U.S. imports. Rates range from 15% to 50% and broadly match tariff
E-commerce facilitator ShipStation eyes major global expansion ShipStation, the largest provider of multi-carrier parcel shipping software for online merchants in North America, is planning to expand its international footprint through acquisitions and other means while also broadening freight transportation modes available on its platform, CEO Tom Madine said on the FreightWaves Today show . The automated shipping platform this week began facilitating less-
Fuel, congestion push trans-Pacific ocean rates near $9,500 The Iran war is pushing bunker fuel prices back toward mid-year levels, setting a higher cost floor for container shipping even as trans-Pacific spot rates show early signs of cooling from peak-season highs. Climbing fuel costs are likely setting an elevated floor for container rates, but ocean prices are still largely being driven by demand trends and disruptions to capacity availability. Tensio
Exports of Mexican-made vehicles to the US rose in August Mexico's automotive industry posted mixed results in August, as light-vehicle production declined from a year ago while exports increased, according to new data from the country's National Institute of Statistics and Geography (INEGI). Automakers produced 344,940 light vehicles in Mexico during August, down 1.4% from 349,951 units in the same month last year. Exports totaled 300,475 vehicles, up
AI Can Analyze the Data, but Humans Still Own the Outcome Artificial intelligence has become the loudest conversation in trucking, promising faster compliance checks, deeper video analytics, and instant answers to complex regulatory questions. But according to Rustin Keller, President and CEO of J. J. Keller & Associates, Inc., the technology's growing footprint hasn't changed who's ultimately accountable when something goes wrong. "AI is going to acce
Lean Solutions Group acquires SupportZebra, expands AI-enabled outsourcing Lean Solutions Group (LSG) is expanding its business process outsourcing operations with the acquisition of SupportZebra, a move that will push the company's workforce in the Philippines to over 2,000 employees. The Miami-based company announced the acquisition on Aug. 24, saying the deal strengthens its service model in automotive, fintech, e-commerce, software and health care while adding Suppo
'Utter devastation' from Amazon cargo jet crash, NTSB chief says The Amazon freighter aircraft that overshot the runway at Miami International Airport left a path of "utter devastation" as it plowed through vehicles and infrastructure, leaving the airport operating at reduced capacity until recovery operations are completed and investigators can safely access the aircraft, said National Transportation Safety Board Chairwoman Jennifer Homandy. The safety chief
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