Op-Ed: Legal and regulatory considerations surround ocean data centers A great deal has been made of late in news coverage and the court of public opinion regarding data centers-popularly understood as the physical facilities and operating systems needed to collect, store,
VIDEO: U.S. disables would-be blockade buster Ocean Molica U.S. Central Command (CENTCOM) reports that its forces disabled the commercial cargo vessel Ocean Molica [IMO: 9139270] in the Gulf of Oman, Oct. 10, after the ship's crew ignored repeated warnings and
Op-Ed: The Scripps award sets a precedent small U.S. shipyards cannot survive Scripps Institution of Oceanography is building its next coastal research vessel in Chile. If that award stands as the model for how publicly funded institutions replace their fleets, the small American shipyards
Matson christens Makua, first of three new LNG-fueled Aloha class containerships Honolulu-headquartered Matson, Inc. (NYSE: MATX) christened the first of its three new Aloha-class LNG-fueled containerships in a ceremony held at Hanwha Philly Shipyard Inc. on October 10. Matson board member Jenai Wall
USCG awards Metal Shark FMS contracts for Cameroon and Georgia Jeanerette, La.-based Metal Shark reports that it has been awarded two U.S. Coast Guard Foreign Military Sales (FMS) contracts to produce patrol boats for the maritime forces of Cameroon and the Republic
DP World launches Constanta terminal electrification project DP World Constanta has launched a €53.8 million project to electrify operations at its container terminal in Romania's Port of Constanta. The project aims to reduce emissions by replacing fossil-fuel-powered equipment with electric alternatives and installing shore power infrastructure for vessels. Implementation is scheduled for completion by 31 August 2028. The European Union will provide a gra
Swire Shipping revises US West Coast terminal charges Swire Shipping will revise its Terminal Handling Charges at the ports of Long Beach and Oakland in California. The updated origin and destination charges will apply to import and export containers arriving at or departing from the two ports from 15 November 2026. Revised terminal handling charges Ports Equipment Charge Long Beach and Oakland 20-foot, all types US$455 Long Beach and Oakland 20-foo
Samudera adds CIX 8 service to network Samudera has introduced the CIX 8 service to its network, providing connections between India, Sri Lanka and China. The service links Nhava Sheva and Mundra in India with Qingdao in China. It also connects Qingdao with the Indian Subcontinent through Colombo, Sri Lanka. CIX 8 will operate with weekly sailings and offer an approximate transit time of 23 days from Nhava Sheva to Qingdao. According
Hapag-Lloyd announces Genoa and Livorno omissions Hapag-Lloyd has announced that the Odysseus , operating voyage 642S on the Mediterranean-South America West Coast (MSW) service, will omit its scheduled calls at Genoa and Livorno. The vessel was scheduled to call at Genoa on 23 October 2026 and Livorno on 24 October. Hapag-Lloyd attributed the omissions to a schedule recovery measure. Alternative arrangements for affected cargo Import cargo dest
Kongsberg Maritime wins contract for four offshore wind vessels Kongsberg Maritime has secured a contract to design and equip four new offshore wind support vessels for IWS Fleet AS, a subsidiary of Integrated Wind Solutions (IWS). The vessels will be built by China's Nantong Rainbow Offshore & Engineering Equipment, with the first delivery expected in 2029. The order will expand IWS Fleet's Skywalker Class series from six to ten vessels. The new Commissionin
Skandia Gateway Quay reinforcement completed The reinforcement of the south quay at the container terminal at the Port of Gothenburg has been completed on schedule and within budget following more than two years of extensive work by NCC. The completion marks a significant milestone in the Skandia Gateway project, with blasting and dredging works commencing on October 13 as the development enters its next major phase. Since spring 2024, NCC
Arabian Gulf Steel Industries sets verified carbon footprint for Rebar Arabian Gulf Steel Industries, the UAE's largest private steelmaker and recycler, has achieved the lowest verified carbon footprint for reinforcing bar, establishing a new benchmark for low-carbon construction materials produced in the UAE. The achievement was announced at Khalifa Economic Zones Abu Dhabi headquarters in the presence of KEZAD Group CEO Mohamed Al Khadar Al Ahmed, AGSI Founder and
Lufthansa Cargo expands winter network and shifts operations to Navi Mumbai Lufthansa Cargo has announced changes to its winter 2026/2027 flight schedule, expanding freighter connections across Asia-Pacific and North America while relocating its Mumbai freighter operations to Navi Mumbai International Airport (NMI). The move to Navi Mumbai took effect on 12 October, transferring freighter operations from Mumbai's Chhatrapati Shivaji Maharaj International Airport (BOM). A
Global Ship Lease secures newbuilding finance Global Ship Lease has agreed a US$1 billion syndicated loan facility to finance 15 containership newbuildings scheduled for delivery between late 2028 and 2030. The seven-year facility carries an interest rate of SOFR plus 1.5%. Global Ship Lease intends to draw the financing in tranches as each vessel is delivered. All 15 ships have secured time-charter employment commencing shortly after delive
Matson christens new Aloha Class containership Makua Matson and Hanwha Philly Shipyard have christened Makua , the first of three new Aloha Class containerships being built for the carrier's Hawaii and China-Long Beach Express services. Matson board member Jenai Wall officially christened the vessel during a ceremony at the Philadelphia shipyard on 10 October. Around 300 guests attended the event, including government representatives, company execu
Maersk and Hapag-Lloyd relaunch FM1 service Maersk and Hapag-Lloyd will relaunch the FM1 service under the Gemini Cooperation, restoring direct connectivity between Asia and the Middle East. The relaunched service will connect major Asian gateways with Khor Fakkan in the United Arab Emirates. The rotation will be: Qingdao - Ningbo - Tanjung Pelepas - Khor Fakkan - Singapore - Qingdao First FM1 sailing The first sailing will be operated by
Rosatom takes full control of Delo Group in major Russian logistics consolidation Russia's state-owned nuclear corporation Rosatom has acquired full ownership of Delo Group, one of the country's largest container transport and logistics operators, as it moves to consolidate its shipping, port and rail assets under a broader logistics structure. The transaction, announced on 7 October 2026, involved Rosatom acquiring the remaining 51% stake in Delo Group from its founder, Serge
Maersk raises Honduras intermodal fuel fee Maersk will increase its Intermodal Fuel Fee for truck transportation in Honduras amid continued volatility in global energy markets. The surcharge will rise from 10% to 14% and apply to both import and export cargo transported by truck. Honduras intermodal fuel fee effective dates The revised fee will take effect based on the Price Calculation Date as follows: Non-FMC shipments: 9 October 2026 F
MSC and Hutchison resume talks over Rotterdam Omega terminal project Hutchison Ports and MSC's terminal investment arm, Terminal Investment Limited (TiL), have resumed discussions over the proposed Omega container terminal project in Rotterdam, reviving negotiations over a major expansion of container handling capacity at Europe's largest port. The development was disclosed by Dutch trade unions FNV Havens and CNV following a meeting with Hutchison Ports Delta II
MSC and Maersk add Suape to Americas service MSC and Maersk will add Suape, Brazil, to their shared service connecting the US Gulf and Mexico with the East Coast of South America. MSC markets the service as Gulf to SAEC I, while Maersk operates under the UCLA service name. The new southbound call will be positioned between Cartagena and Santos. First Suape call scheduled for October MSC Yamuna VI, operating voyage 640S, will make the first
CMA CGM announces rate increases on Oceania-Americas trades CMA CGM has announced new Rate Restoration Initiatives (RRI) of US$300 per TEU on container shipments between Oceania and the Americas, effective 2 November 2026. The rate adjustments cover cargo moving in both directions, including shipments from Oceania to North and Latin America and shipments from the eastern coasts of the United States and Canada, as well as the US Gulf, to Oceania. According
Hapag-Lloyd details revised ZIM proposal to address Israeli concerns Hapag-Lloyd CEO Rolf Habben Jansen has outlined further details of the company's revised proposal to acquire Israeli container shipping company ZIM, including plans to strengthen Israel's maritime capabilities and address concerns raised by government authorities. The revised proposal, developed jointly with Israeli investment firm FIMI, includes an additional shipping route to Asia, investment i
South Korea completes Arctic container voyage as commercial challenges emerge South Korea has completed its first container shipping round trip between Asia and Europe via the Northern Sea Route, with the PanStar Acro returning to Busan after a 50-day voyage that highlighted both the operational potential and commercial challenges of Arctic shipping. The 2,758 TEU vessel arrived at Busan Port on 11 October, having departed on 22 August as part of a government-backed trial
Peel Ports Group CEO Claudio Veritiero steps down Peel Ports Group has announced that Chief Executive Officer Claudio Veritiero is stepping down after nearly five years in the role and six years with the company. Mark Whitworth, the group's Non-Executive Chairman and former Chief Executive, will take over as Executive Chairman on an interim basis while the company appoints a successor. The leadership change follows a period of growth and investm
US and Europe converge on one shipyard doctrine Rheinmetall's purchase of Romania's Mangalia yard and a Turkish bid for Croatia's Uljanik show Europe adopting the formula Washington already uses: defence orders first, foreign owners under conditions, commercial work later
PowerCell secures new fuel cell order for two hydrogen-electric bulk carriers Swedish fuel cell manufacturer PowerCell Group has secured a SEK 27 million (US$2.9 million) follow-up order to supply hydrogen fuel cell systems and engineering services for two additional bulk carriers being developed by GMI Group AS. The agreement expands the collaboration between the companies from two to four vessels, following an initial order placed in September 2025. Under the new contrac
Quay crane investment programme completed at port of Southampton Associated British Ports has welcomed the arrival of two further quay cranes at DP World Southampton, completing a GBP 60 million investment programme that represents Europe's largest quay crane investment and further strengthening Southampton's position as a leading UK gateway for global trade. The delivery of the final two cranes completes a set of four, which together enhance Southampton's abi
Splash Cruise launches with a fresh take on the global cruise business Splash Maritime Group has officially launched Splash Cruise, a new international news platform dedicated to the business of cruise shipping, bringing the editorial approach that has made Splash a leading independent voice in maritime journalism to the global cruise industry. Available at splashcruise.com, the new publication delivers daily news, exclusive interviews, analysis and features coverin
Emarat Maritime piles six more tankers onto China orderbook Dubai-based Emarat Maritime has added another six tanker newbuildings to its rapidly expanding fleet, lining up a series of 74,000 dwt LR1 product carriers in China. The company's own fleet register now lists six LR1 newbuildings, with the first two scheduled for delivery in 2029 and the remaining four in 2030. Shipbuilding database records seen ...
Lianson Fleet snaps up third ultramax Malaysia's Lianson Fleet Group (LFG) has added a third ultramax bulker, paying $23m (RM93.9m) for a 2013-built Japanese vessel as it continues to expand beyond its traditional offshore support vessel business. The Bursa Malaysia-listed company said its wholly owned subsidiary acquired the 61,446 dwt to-be-named LFG Cengal from an unrelated Japanese seller. The purchase is ...
Saverys keeps cashing in on tanker values Belgian shipping group CMB.TECH has continued to cash in on elevated tanker values, selling its fifth suezmax this year and locking in another $59.6m capital gain. The Alexander Saverys-led company said it has already delivered the 2011-built, 165,000 dwt Stella to its new owner and will book the gain in the fourth quarter. CMB.TECH did not disclose either ...
Fujian Guohang maps out Hong Kong fleet expansion Chinese bulker owner Fujian Guohang Ocean Shipping is preparing to establish 12 wholly owned shipping companies in Hong Kong as it lays the groundwork for a newbuilding investment programme valued at approximately CNY2.49bn ($372m). The Beijing Stock Exchange-listed company disclosed on October 12 that its board had approved the creation of the subsidiaries through Guohang ...
Pertamina and Medco take slices of Eni's Indonesia offshore assets Italian giant Eni has agreed to sell 10% interests in seven offshore production sharing contracts in Indonesia to Pertamina and MedcoEnergi as it reshapes its portfolio after creating its Searah joint venture with Petronas. The company will sell Pertamina 10% stakes in the East Sepinggan, North Ganal, and Rapak PSCs, all located offshore East Kalimantan ...
Bluecore takes nuclear barge plan beyond the drawing board US maritime nuclear startup Bluecore Energy has secured low-enriched uranium for its first floating power system as it moves ahead simultaneously with fuel, regulatory and class work. The Long Beach-based company has purchased uranium hexafluoride, or UF6, enriched to 4.95% uranium-235 through nuclear fuel intermediary WMC. The material is being held at an undisclosed US ...
Global Ship Lease locks in $1bn loan for boxship spree New York-listed containership owner Global Ship Lease (GSL) has secured a $1bn syndicated loan facility to finance its expanding newbuilding programme. The George Youroukos-led company said the seven-year facility carries an interest margin of just 1.5% over SOFR and will be drawn in stages as its first 15 contracted newbuildings are completed between late 2028 ...
Sweden frees sanctioned tanker after seven months Swedish authorities have cleared an EU-sanctioned product tanker to leave the country after nearly seven months at anchor following an investigation into its registration and seaworthiness. The Swedish Transport Agency has lifted an operating ban on the 2007-built, 75,000 dwt Sea Owl I, after confirming that the vessel is now legitimately registered in Equatorial Guinea. ...
Two more ships hit off Bulgaria Two more merchant ships have come under drone attack off Bulgaria, with one reportedly sunk and rescue operations continuing, as the maritime war spreads across the western Black Sea. The Maltese-flagged, Ukrainian-owned general cargoship Chelsea 3 was struck by three aerial drones early Tuesday morning, approximately 18 nautical miles east of Byala. All 15 crewmembers, ...
BW Energy's Gabon development gets $208m project financing Norway's BW Energy has secured $208m in project-level financing for the Akoum wellhead platform destined for the Bourdon oil development offshore Gabon, while extending a $250m revolving credit facility by 18 months. The 12-year lease with China's Minsheng Financial Leasing will cover 100% of the capital expenditure required for the platform, which is being converted ...
Iran threatens ships going dark in Hormuz Iran has warned that merchant ships switching off their identification and tracking equipment during what it deems unauthorised passages through the Strait of Hormuz will be treated as hostile, raising the stakes for vessels navigating one of the world's most dangerous stretches of water. The warning comes as fresh details emerge of a wave of ...
Panagiotidis reveals stake in Trafigura-backed VLCC owner Petros Panagiotidis-controlled Robin Energy has taken a minority stake in Trafigura-backed Volare Shipping, adding indirect exposure to the VLCC market through the newly listed Oslo tanker owner. The Nasdaq-listed LPG carrier owner disclosed in a US Securities and Exchange Commission filing that it had participated in Volare's private placement. Robin acquired 90,000 shares at NOK154 ...
TGS expands frontier basin data coverage offshore Brazil Oslo-listed seismic specialist TGS, in joint venture with SLB, has announced the Pelotas Sul Phase 2 multi-client 3D survey offshore southern Brazil. The survey will cover about 11,200 sq km, and a Ramform Titan-class vessel is scheduled to begin data acquisition in October 2026, with completion in the second or third quarter of 2027. Building ...
Indonesia award leads new batch of Seadrill contracts Offshore rig owner Seadrill announced contract awards and extensions for three drillships and one semisubmersible unit. The New York-listed rig owner said its 2015-built drillship, West Carina, was awarded a contract in Indonesia with an undisclosed operator, valued at approximately $420m for the firm term, including a mobilisation fee and excluding additional services. The contract ...
DOF lands North Sea decom contract Norwegian offshore vessel owner DOF has won a contract with a North Sea operator to carry out a subsea decommissioning campaign. The contract scope includes project management, engineering, offshore execution, and disposal services to remove subsea infrastructure and clear the seabed across multiple offshore fields. The offshore campaign is scheduled for execution during the first ...
French marines swoop on former Sovcomflot tanker in the Indian Ocean France has taken its crackdown on Russia's shadow fleet into the Indian Ocean, boarding a former Sovcomflot aframax more than 450 nautical miles south of Réunion. French marines descended by helicopter onto the 110,119 dwt DF Peak on Monday after authorities questioned the validity of its claimed Benin registration. President Emmanuel Macron said the vessel ...
Shagang moves into shipbuilding with Tianjin venture China's largest privately owned steelmaker, Shagang, has entered the shipbuilding business with the establishment of a wholly owned subsidiary in Tianjin, joining a growing procession of industrial groups looking to capitalise on China's booming newbuilding market. Jinsha Heavy Industry (Tianjin) has just been registered with capital of RMB70m ($10m). Its business scope encompasses shipbuilding,
Washington teams up with ABS to accelerate nuclear shipping The US Department of Energy (DOE) has joined forces with classification society ABS to accelerate the development of commercial nuclear-powered shipping and floating power plants. The agreement with DOE's Office of Nuclear Energy covers feasibility studies for floating reactors, dedicated nuclear shipping corridors and the ports, shipyards and industrial infrastructure required to build and suppo
Shanghai breaks monthly container record despite typhoon disruption The world's busiest container port is on course to handle close to 57m teu this year after Shanghai smashed its monthly throughput record despite repeated typhoon disruption. Shanghai International Port Group (SIPG) handled 5.135m teu in September, up 6.2% year-on-year, establishing a new monthly high as China's container terminals continue to register strong growth. The ...
LR product tanker indexes hit all-time high as Pacific cargoes rebound Another day, another historic milestone for spot rates amid the ongoing Hormuz crisis, this time for long-range product tankers
The Daily View: Resilience is shipping's greatest strength - it may also be its biggest risk
Norway to suggest voluntary carbon payments in NZF compromise Norway is considering making the Net-Zero Framework's emissions price voluntary, according to a leaked policy paper
H&M pricing falls further as 1/1 renewals loom 'Some muppets always ready to quote lower than us,' marine underwriter notes
Arctic LNG traffic sets annual record as sanctioned ships near half of eastbound transits Sanctions have not stopped Russia's Arctic LNG; they have redrawn its map, swapping Europe for Asia, particularly China
Drone attack sinks cargoship off Bulgaria as Black Sea security fears deepen The sinking of a cargoship off Bulgaria and a second drone strike on another merchant vessel have intensified concerns over...
Scrapping drought persists as recyclers battle for scarce tonnage While ship recyclers across the Indian subcontinent report healthy buying appetite there remains a shortage of willing sellers
France boards shadow fleet tanker as EU seeks tougher enforcement against Russia France boarded a sanctioned former Sovcomflot tanker in the Indian Ocean as EU leaders prepared to discuss a more coordinated...
Iran grain trade shrugs off US blockade as Hormuz bulker traffic stays resilient Iran's grain imports continue to flow through the Strait of Hormuz despite the US naval blockade, with Brazilian cargoes and...
Iran takes VHF Channel 16 complaint to IMO as Hormuz attacks reach highest intensity of conflict Iran has accused US forces of misusing the maritime distress frequency VHF Channel 16, as attacks against commercial shipping in...
Oman backs EU freedom of navigation pledge as Hormuz toll negotiations continue Oman has joined an EU-led coalition opposing tolls and restrictions on international shipping routes, signalling support for freedom of navigation...
Asian container carriers set for bumper third-quarter earnings Strong demand, elevated rates and chronic port congestion propel Asian carriers towards bumper earnings
Daily Briefing China races to deweaponise the West's grip on marine insurance | Crude tanker rates steady near peak as Hormuz attacks...
US shipment volumes rose in September, buoyed by manufacturing As factory orders and production "pick up a gear," the Cass Freight Shipments Index is looking more solid entering the fourth quarter.
Suez transits on the rise even as Houthi-Saudi hostilities escalate Despite the worsening conflict, analyst Linerlytica is expecting a full-scale return to the Red Sea route within the first quarter of 2027.
A few positive surprises as African logistics journey begins Container shipping analyst Lars Jensen checks in from Africa, where he's six weeks into an 18-month journey to explore first-hand the logistics opportunities and challenges on the continent.
Tanker and container ship attacked in Strait of Hormuz, says UKMTO Iranian media accounts, video purport to show tanker ablaze in strait
Start-up targets cleaner shipping without replacing engines Lomar Shipping-backed Blaze Energy is building retrofitting kit to reform ammonia into usable hydrogen
Two more Hormuz attacks confirmed by UK maritime authorities Iranian media accounts, video purport to show tanker ablaze in strait
Former OceanPal chief executive Perri departs successor company Veteran finance man to explore other shipping roles after moving on from crypto currency venture
Gas turbines proving bigger bottleneck than FSRUs in data centre roll-outs Shipbroker Fearnleys takes third-quarter pulse of floating regas sector where 2026 is shaping up to be a record year for charters
Western Bulk Chartering jump-starts dividend as market offers positive momentum Earnings for geared bulkers have been supported by firm demand and operational inefficiencies
Asyad Shipping profit doubles as fleet growth continues apace Stocklisted Omani shipowner talks up its diversified shipping portfolio
Western Bulk Chartering jumpstarts dividend as market offers positive momentum Earnings for geared bulkers have been supported by firm demand and operational inefficiencies
Iran decries US use of shipping distress channel as 'instrument of military intimidation and psychological pressure' Crews and operators report that US military have threatened them in Persian over VHF Channel 16
Saudi Arabian giant Bahri pays big money for Yanbu VLCC deals Saudi Arabia paying well into the Worldscale 900 range to move oil from key Red Sea port
Pyxis buys out boss Valentis in bulker deal Greek owner takes full control of ultramax acquired with chief executive
Adnoc venture charters pioneering new ice-class VLGC on long-term deal Iino Lines vessel is dual-fuel and able to work in the Baltic Sea in winter
Iran strikes 'non-compliant' Greek and Chinese tankers in Strait of Hormuz More than 20 ships have been hit in latest wave of attacks over the last fortnight
Newcomer Lianson pushes deeper into ultramax sector with third deal Deal marks Malaysian offshore owner's latest foray into new sector
Car carrier owners could reap near-term rewards ahead of rush to beat Chinese export curbs Europe aims to lower Chinese automobile exports with a cap, while China makes shifts on the fringes
Reederei Nord cashes in on robust values with sale to MPC Container Ships German owner secures premium price as strong charter market continues to underpin container ship asset values
HD Hyundai puts nine-figure Siemens deal to work at South Korean shipyards New digital technology centre marks next step in shipbuilding giant's ambitious productivity drive
Eni and Repsol move forward with Venezuela FLNG project LNG infrastructure owners, shipyards and engineering companies among those in initial mix
Frontline and Nereus suezmax tankers fixed as charterers look to longer terms Focus moving from one-year to three-year fixes as value still available, brokers say
Grimaldi Group offloads car carrier pair as part of fleet renewal Italian owner confirms disposal of older midsize ships as UGR boosts capacity
Ratings giant Moody's 'positive' on Navios Maritime charter cover US agency likes the look of Greek owner's backlog in three strong markets
Triple drone strike on Black Sea ship prompts EU member's outrage Fifteen seafarers rescued after the incident in the Western Black Sea
Greek shipowners amassing 'mind-blowing' wealth amid tanker deal spree Dynacom Tankers, NGM Energy, IMS and Andriaki Shipping benefit from soaring ship values in spectacular asset plays
Harry Vafias company C3is fixes out aframax in red-hot market Nasdaq-listed owner secures around $250,000 per day for 16-year-old tanker
Vardinoyannis bulker joins flow of Greek ships to flag of landlocked Luxembourg Register says more Greek owners are moving on to its books
Global Ship Lease taps banks for $1bn loan in one of largest deals this year Container ship owner says there is strong appetite for its debt
NYK teams with MISC on LNG newbuilding for Malaysia-Japan trade Small-scale newbuilding set to replace what will be 30-year-old steamship
Revived Indian shipyard poised to restart work as orderbook hits $680m SDHI plant has posted profit for six months to 30 September
Prices paid by Russia's Novatek for MOL's LNG quartet emerge as ships head for Arctic Donji Maritime executive named as CEO of new South Korean LNG carrier manager IOB Co
Strait of Hormuz closure threatens $130 oil with resilience of global economy 'reaching its limits' Finance experts say an extended conflict will hinder growth
CMB.Tech adds to tanker sales haul with $60m gain from suezmax deal Belgian group has handed over ship built in 2011
Steelmaker Shagang moves into shipbuilding as sector booms Shagang's shipyard will be located in Tianjin
Procopiou and Fredriksen deals among 23 newbuildings inked at Hengli George Procopiou is among the Greek owners behind the order for the VLCC newbuildings
Overhang of old ships could be 'release valve' if booming markets slump Clarksons Research notes lack of scrap candidates currently as rates ride high
MISC lines up billion-dollar LNG carrier order for Petronas charter deal Malaysian owner to contract five newbuildings for 20-year contracts
HD Hyundai puts nine-figure Siemens deal to work at Korean shipyards New digital technology centre marks next step in shipbuilding giant's ambitious productivity drive
Former Bourbon offshore vessel back on sale barely a year after changing hands The DP3 dynamic positioning system vessel carries a $52.9m opening bid after its reported $14.1m acquisition
Steel maker Shagang moves into shipbuilding as sector booms Shagang's shipyard will be located in Tianjin
Samsara makes AI agent platform generally available, reports 7x adoption growth Samsara has made its Agent Studio platform generally available to all customers, opening its no-code AI agent builder to fleets and other businesses using its software. Samsara is recording AI-agent interactions about seven times faster than when it launched the tools in June, with its latest 500,000 interactions accumulating in 16 days, down from 112 days initially. Samsara measures AI agent ado
Despite new record, Port of LA chief warns of tariff-driven planning risk The Port of Los Angeles moved 1.42 million TEUs in September, its best single month ever and the highest monthly volume ever recorded by a port in the Western Hemisphere, Executive Director Gene Seroka said this week. He said lower tariff levels, resilient consumer demand, and cargo shifting away from constrained Panama Canal and Suez routes drove the surge. Record quarter September imports total
25,000 Drivers Lost: US-Mexico Border Crisis Explained Cross-border freight capacity is facing unprecedented challenges. With 25,000 Mexican driver visas revoked, and significant tender rejections at both the US-Mexico and US-Canada borders, rates are skyrocketing. Learn why these constraints are expected to continue well into 2027 and how it impacts your supply chain. U.S. authorities have revoked visas for roughly 25,000 Mexican truck drivers, slas
Canada Tariffs Are Changing Freight Strategy Fast Canada-US trade tension is forcing fast changes in cross-border logistics. James Edge breaks down how importers, exporters and retailers are handling tariffs, shifting demand and new data requirements. In this FreightWaves conversation, Edge explains the real operator playbook: split U.S. and Canadian fulfillment, add warehouse capacity inside Canada, and stay ahead of changing customs rules. If
Diesel Prices Surge 20 Cents: Why the Fuel Market is in Crisis Diesel prices just jumped 20 cents in a few hours, and experts warn we're "running out of bullets" as inventories dwindle. We dive into the latest fuel market data, the impact of red-dyed diesel policies, and how geopolitical events are creating an unstable energy supply chain that could push prices much higher. Understand the real risks to your operations. Ultra-low sulfur diesel futures on the
Mexico truck exports soar 145% as US demand accelerates Mexican manufacturers produced 15,181 heavy-duty vehicles during September, compared with 6,857 in the same month last year. Exports totaled 12,707 units, up 144.6% from September 2025, marking a significant acceleration in cross-border commercial vehicle shipments, according to figures from Mexico's National Institute of Statistics and Geography (INEGI) presented by the National Association of B
How National Debt Affects Freight Costs and Financing Key takeaways U.S. gross federal debt passed $40 trillion in August 2026; about $32.4 trillion of it is held by the public. Net interest on the debt now runs above $1 trillion a year and eats roughly 18.5% of federal revenue, a record. Heavy Treasury borrowing competes with private borrowers for capital ("crowding out"), adding upward pressure on interest rates, though the near-term rate story is
SONAR Pricing Power Index Slips to 70 as Intermodal Contract Rates Fall The SONAR Pricing Power Index (PPI) fell to 70 this week from 71, its fourth straight weekly decline, but freight carriers still hold the upper hand in rate negotiations. Softer intermodal contract rates and ocean import bookings drove the dip, while truckload tender rejections held steady near 13.9%. On the PPI's 0-100 scale, 50 represents a historically balanced market. A reading of 70 means pr
CCT Auto Trans expands car haul coverage map in Livingston VTS deal CCT Auto Trans announced Tuesday that it has acquired fellow car hauler Livingston Vehicle Transportation Services (VTS). Financial terms of the transaction were not disclosed. Livingston VTS operates one of Canada's largest vehicle-hauling networks, using its own fleet of trucks and car haulers. It has seven locations nationally and partners with Canadian National ( NYSE: CNI ) for transcontinen
CSX operations chief to retire CSX Executive Vice President and Chief Operating Officer Mike Cory is retiring, ending a tenure that began when he came out of retirement to join the railroad in September 2023. Cory will work with the leadership team to ensure a smooth transition, the company said, and will provide transition services through May 8, 2027. Rather than immediately naming a successor, CSX (NASDAQ: CSX ) said two se
Russian diesel deal having limited impact, if any, on prices With the weekly average retail diesel benchmark release delayed a day due to the Columbus Day holiday Monday, that lagging indicator is likely to show another decline even as most of the industry discussion these days has been decidedly bullish. Since the Department of Energy/Energy Information Administration price was most recently published October 6, the futures price of ultra low sulfur diese
Cass: TL linehaul rates up 10% in September, shipment counts remain positive Truckload linehaul rates surged again in September while shipment counts remained in positive territory, according to a monthly report from Cass Information Systems. Cass' TL linehaul index, which tracks rates excluding fuel and accessorial surcharges, increased 10.1% year over year, according to Tuesday data from the payments management company. The dataset was up 0.6% from August to the highest
Diesel Prices & Freight Trends: What's Driving the Market in Q4? Craig Fuller dives deep into the latest SONAR data, revealing how contract rates are climbing past recession highs, spot rates are trending up towards peak, and why demand isn't the primary driver of current market volume. Get the essential insights on diesel prices and tender rejections affecting your supply chain. Contract rates have climbed to their highest levels since the freight recession e
The AI Boom: Why It's Replacing E-commerce in Global Freight AI has officially taken over e-commerce as the main driver of air freight out of Asia. This massive shift is fueled by semiconductor and data center equipment demands. Learn how this boom is reshaping logistics networks and international trade, with surprising implications for economies like Taiwan. Artificial intelligence-related goods have overtaken e-commerce as the primary engine of trans-Pac
Truck driver, 74, killed in Interstate 84 rollover in Idaho A 74-year-old truck driver from Reno, Nevada, died after his tractor-trailer left Interstate 84 and overturned east of Boise, Idaho, early Monday. The single-vehicle crash occurred at approximately 3:08 a.m. Oct. 12 near milepost 62 in Ada County, along the eastbound lanes of I-84, according to Idaho State Police. Authorities said the driver was operating a 2024 International semi-truck pulling a
Electric Trucks: The REALITY for Tesla Semi & Volvo Fleets Electric trucks are here, but what's the real-world experience like? Hight Logistics CEO Rudy Diaz, who operates 2,500 electric trucks including Tesla Semis and Volvo EVs, breaks down the challenges and successes of transitioning to an electric fleet. From charging infrastructure and battery range to financing and regulations, get a frank assessment of where electric trucking stands today. The si
Why Freight Tech Will BOOM After The 'Apocalypse' Felipe Capella, CEO of Loadsmart, shares his unique journey from lawyer to freight tech innovator and discusses how his company navigated the 'Freight Apocalypse' by pivoting to a blended service and SaaS model. He also sheds light on the growing problem of crime and fraud in freight, emphasizing the need for federal coordination and AI solutions. Watch to learn how Loadsmart is leveraging techno
Shippers waiting an extra week for US-bound containers Global ocean container schedule reliability fell for a fourth consecutive month in September, dropping 2 percentage points to 27% on-time, according to Xeneta's September Schedule Reliability Scorecard. Average vessel delay rose to 6 days across all arrivals, up 2.4 days since the start of the second quarter. The analyst said the deterioration reflects the cumulative effects of powerful typhoons
Bot Auto taps Lenovo, Nvidia, pegs autonomy hardware at $50,000 Bot Auto has picked Lenovo's AD1 autonomous-driving domain controller, built on Nvidia Hyperion, as the production computer for its Class 8 driverless trucks. The Houston company announced the deal Tuesday. The AD1 goes into Bot Auto trucks starting in the first quarter of 2027. Bot Auto expects the full hardware bill of materials for its autonomy system, compute and sensors included, to run $50,
Netradyne expands AI Agent lineup for fleet safety teams Netradyne on Tuesday expanded the lineup of AI agents running on its Netradyne Intelligence platform. The update adds a Campaign Agent for driver coaching, a builder that lets fleet managers create their own agents, and conversational answers drawn from live fleet data. The capabilities are available to direct Netradyne customers in the U.S. and Canada. "Fleet teams are pressed for time to config
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- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
