World's first ship-to-ship ammonia bunkering to an ammonia-fueled vessel NYK Line and four Japanese partners have completed what they say is the world's first ship-to-ship ammonia bunkering operation involving an ammonia-fueled vessel. The operation took place September 17 at Japan Marine
Op-Ed: The most expensive marine hydraulic failures start small When a dock lift or gangway stops working, the failure rarely feels small. Operations may have to restrict access, reroute passengers or cargo, or take equipment out of service while technicians identify
JMU launches first Caimen Japan high-speed landing craft The first Caimen Japan high-speed landing craft, based on a platform designed by BMT and with detailed design and construction undertaken by Japan Marine United Corporation (JMU), has been launched, The launch
Return to Suez routing reduces India-Savannah transit 10-14 days The Georgia Ports Authority (GPA) says that, as some shipping lines begin resuming Suez Canal routing, Indian cargo is reaching the Port of Savannah 10 to 14 days faster. Port officials said
Dajin Heavy Industry picks Ulstein U-Stern design for its first installation vessel China's Dajin Heavy Industry, a major international supplier of offshore wind farm foundations, is expanding its operations beyond manufacturing, logistics and transportation and into offshore installation. Its aim is to provide a
Midship Marine delivers hybrid-electric "floating classroom" Sadie Ann Recently delivered by Harvey, La.-based Midship Marine to the University of Wisconsin-Superior's Lake Superior Research Institute (LSRI), the Incat Crowther designed Sadie Ann is a custom-designed battery hybrid research vessel described by
Op-Ed: The waterline question vessel designers aren't asking early enough Some of the most expensive mistakes in marine actuation are made long before a vessel ever leaves the dock. In many cases, the problem is not the actuator itself. Too often it's
UAE: Maritime Pre-load Cargo Information (MPCI) program grace period ends The transition period for compliance with the United Arab Emirates' Maritime Pre-load Cargo Information (MPCI) programme will end on 30 September 2026. Full enforcement under the UAE National Advance Information Center programme will begin on 1 October 2026. Hapag-Lloyd has reminded customers to submit all required shipment information completely, accurately and within the applicable deadlines. M
Grimaldi takes delivery of 9,800-CEU Grande Egitto Grimaldi Group has taken delivery of the Grande Egitto , a new 9,800-CEU Pure Car & Truck Carrier (PCTC). China Merchants Heavy Industries Jiangsu delivered the vessel on 21 September. The new ship is Grimaldi's 14th Ammonia Ready unit. Together with sister ship Grande Pacifico , it is also the largest PCTC in the Group's fleet. 9,800-CEU capacity Grande Egitto is 220 metres long and 38 metres wi
PIL expands Intra-Asia network with two new services Pacific International Lines (PIL) is expanding its Intra-Asia network with two services connecting China with Indonesia, Singapore and Malaysia. The carrier will enhance its North China Indonesia (NCI) Service and launch a new China Singapore Malaysia (CSM) Service. Both services will operate weekly and support dry and reefer cargo. NCI connects China, Indonesia and Singapore The enhanced North C
Explaining the Oman workaround As Saudi Aramco joins the ship-to-ship relay pioneered by Abu Dhabi, a wartime improvisation off Oman's coast is hardening into permanent infrastructure at a cost now measured in barrels, not dollars
Bureau Veritas targets €1 billion revenue from AI-driven markets by 2030 Bureau Veritas is targeting €1 billion in revenue from AI-driven markets and services by 2030 as it moves into the next phase of its LEAP | 28 strategy. The testing, inspection and certification group also upgraded its revenue growth expectations for 2027 and 2028. Bureau Veritas now expects total revenue to grow at a double-digit compound annual growth rate during the two-year period, at constan
The Suez Route Is Returning. The Voyage Is Not Yet Normal By Hugo Federico Hernandez Varela The return of container services to the Suez Canal is becoming increasingly visible. What is less clear is when the underlying operation can genuinely be described as normal again. Operational normalisation is broader than a vessel transiting Suez: schedules, port rotations, cargo sequencing, equipment positioning and delivery expectations also have to settle aro
Halifax port appoints three new port user directors The Halifax Port Authority has announced the appointments of Richard Edwards, John Fitzpatrick KC and Laurie Graham to its Board of Directors for three-year terms, effective September 14, 2026. All three join as Port User directors, bringing complementary expertise across marine operations, law and communications to the board. Richard Edwards is a marine service industry consultant with more than
CNC launches anniversary offer for four CMA CGM services CNC has launched a limited anniversary offer covering four CMA CGM+ services as the intra-Asia carrier celebrates 55 years of operations. Customers can purchase each service separately at its promotional price or select all four for a total of US$55 per unit. CNC anniversary offer CMA CGM+ service Promotional price Service details Serenity Cargo Value Guarantee US$15/unit Protection against cargo
Middle East conflict costs Hapag-Lloyd US$600 million Hapag-Lloyd incurred around US$600 million in additional costs as a result of the Middle East conflict, according to CEO Rolf Habben Jansen. The majority of the additional expenditure came from higher oil prices. The carrier also faced costs related to alternative land routes, insurance and the storage of containers affected by disruption in the region. Higher oil prices drive additional costs "T
Chittagong depots raise charge by 10%, users denounce As the government of Bangladesh increased diesel prices by 17% effective Monday September 21, the inland container depots (ICDs) in Chittagong have increased charges by 10% on the same day. Earlier, on April 19th, the off dock owners had increased charges by 8% after the government had increased diesel price by 15% then. The off dock charge hike has been denounced by the users, especially by the
25 crew rescued after abandoning MSC Hermes III All 25 crew members aboard the container vessel MSC Hermes III have been safely rescued after abandoning the ship in a lifeboat, according to the Maritime and Port Authority of Singapore (MPA). The Maritime Rescue Coordination Centre (MRCC) Singapore received a distress alert from the Liberia-registered containership at approximately 08:45 Singapore time on 22 September. At the time, the vessel w
Hormuz is being administered, while the Red Sea is being conquered A week of Gulf diplomacy shows Washington trading control of the lane for leverage over Tehran, while the Houthis use the pause to take ground. This week the long Iran-Oman negotiation on Hormuz reached the point where the Gulf could no longer look away
Port Houston advances 318-acre Barbours Cut container terminal expansion Port Houston's proposed major expansion of the Barbours Cut container terminal has moved into the regulatory review stage, as the port prepares for future growth in container volumes. The Barbours Cut Northside Expansion Project proposes the development of a new 318-acre marine container terminal in La Porte, Texas. The Texas General Land Office (GLO) opened a 30-day public comment period for the
Hapag-Lloyd adds US$250/TEU reefer congestion surcharge at Tema Hapag-Lloyd will introduce a new congestion surcharge for reefer containers shipped to Tema, Ghana. The Congestion Destination Surcharge (CGD) will be set at US$250 per TEU . Surcharge takes effect in October The surcharge will apply to reefer shipments originating from Africa, Asia, Oceania, the Middle East and the Indian Subcontinent. It will apply to all relevant sailings commencing on 5 Octob
UAE to fully enforce Maritime Pre-load Cargo Information rules from October The United Arab Emirates will begin full enforcement of its Maritime Pre-load Cargo Information (MPCI) programme on 1 October 2026. The industry transition period ends on 30 September, after which shipments will be required to comply fully with the UAE National Advance Information Center (NAIC) requirements. Hapag-Lloyd has reminded customers that missing, incomplete or inaccurate shipment inform
Hapag-Lloyd introduces US$155/TEU Panama Canal charge Hapag-Lloyd will introduce a new Panama Canal Charge for shipments from Oceania to the US East Coast and Latin America. The new charge will be set at US$155 per TEU . Charge takes effect in October The Panama Canal Charge will apply to applicable shipments from 17 October 2026 . For shipments subject to US Federal Maritime Commission (FMC) tariff filing and notice requirements, the effective date
Hapag-Lloyd details revised ZIM proposal to address Israeli concerns Hapag-Lloyd is developing a revised proposal for its planned combination with ZIM as discussions with Israeli authorities intensify. Hapag-Lloyd CEO Rolf Habben Jansen said the company remains convinced that the transaction makes strategic sense. However, adjustments could be made to address concerns raised during the approval process. Revised proposal addresses Israeli concerns Hapag-Lloyd said
Transpacific rates surge as Europe falls further The divide between major container shipping trades widened further in the latest weekly freight index readings, with Transpacific rates posting strong gains while Asia-Europe continued to move lower. The broader indexes remained mixed. SCFI and CCFI increased, while NCFI and the Freightos Baltic Index declined. Drewry's World Container Index edged higher, supported by rising Transpacific rates. C
Why container lines kept sailing back to the Red Sea As Houthi forces took strategic spots around the Red Sea this was for the first time, an actor that had projected power over the strait by missile and drone now held ground on it
Ocean Network Express publishes Sustainability Report 2026 Ocean Network Express (ONE) has published its Sustainability Report 2026, outlining progress across its environmental, operational, social and governance priorities. The report covers the period from 1 April 2025 to 31 March 2026. Environmental progress ONE reported a 65% reduction in Scope 1 emissions intensity compared with its 2008 baseline. The carrier also joined the Ship Recycling Transpare
Maersk extends late payment window in Djibouti and Ethiopia Maersk has extended the period before its Late Payment Fee applies to customers in Djibouti and Ethiopia. Customers will now have 15 calendar days after an invoice's due date to settle outstanding payments, compared with seven days previously. The fee remains unchanged at US$40 per shipment. It will apply when an invoice remains unpaid after the extended 15-day period. Maersk said the adjustment
GTT Marine integrates BetterSea FuelEU trading and pooling platform GTT Marine has partnered with BetterSea to integrate FuelEU Maritime trading and pooling capabilities into its Vesper Insights platform. The agreement will allow shipping companies to manage and execute FuelEU compliance activities directly through Vesper Insights. FuelEU trading and pooling added to Vesper Insights Under the white-label integration, Vesper Insights users will gain access to Bett
Shipping can no longer afford to make women feel like guests at sea Dr Katherine Sinclaire, senior medical advisor, aviation and maritime at MedSea (International SOS), writes for Splash today. Women at sea remain a small but growing part of the global maritime workforce, facing unique medical and psychosocial challenges that demand industry-wide attention. Despite progress in gender inclusion, only 1.2% of seafarers are women, and many still ...
Ultra large ethane carrier project gets underway HD Hyundai Heavy Industries, GTT and Lloyd's Register have launched a project to develop what would be the largest vessel concept yet for the ethane carrier market. The three companies have signed a joint development project covering a 150,000 cu m ultra-large ethane carrier (ULEC) equipped with GTT's Mark III Slim cargo containment system. The ...
Coal's shrinking tonnes are travelling further The seaborne coal trade is throwing up an increasingly important paradox for dry bulk shipping: headline demand from China is weakening, but changes in where the coal comes from are helping to keep vessel demand surprisingly resilient. Recent research from Greece's Ursa Shipbrokers notes that total Chinese coal imports actually rose 3.4% year-on-year to 310.2m ...
Emirates Shipping Line bans plastic waste cargoes Emirates Shipping Line (ESL) will stop accepting plastic waste shipments from October 1, becoming only the second ocean carrier to impose a blanket ban on the trade. The Dubai-based carrier said it would no longer take bookings for plastic waste cargoes under HS Code 3915, citing its commitment to protecting marine ecosystems and biodiversity. The ...
Four in 10 seafarers unwilling to report serious safety concerns More than four in 10 seafarers either do not feel safe raising a serious concern at sea or are unsure whether they could do so without repercussions, according to a new five-year review of crew welfare standards. The finding is among the starkest in Five Years into the Code of Conduct: What's Changed for Seafarers?, ...
MSC eyes Meyer Werft Cruise and container giant Mediterranean Shipping Co (MSC) is in talks over a possible investment in German shipyard Meyer Werft. Bloomberg and multiple German media have reported MSC is negotiating for a possible acquisition of the 80% stake in Meyer Werft currently held by Germany's federal government and the state of Lower Saxony. The Meyer ...
LS Marine seals record $113m offshore wind cable contract South Korean subsea cable contractor LS Marine Solution has converted its preferred-bidder position on the Shinan Ui offshore wind development into a KRW156.9bn ($113m) firm transport and installation contract with Hanwha Ocean. The contract is the largest in LS Marine's history. It covers transportation, laying and burial of subsea cables for the 390 MW project ...
The Daily View: Ports won't save container shipping from the orderbook
Shipping's €5bn carbon bill is due next week. Will anyone notice? Shipping companies face a €5bn-plus EU carbon bill at month-end, but strong freight earnings mean the cost remains too small...
The Daily View: Ports, not ships, are shipping's next capacity crunch
CLdN pens new ro-ro cargoship order valued at $250m Contract strengthens CLdN's relationship with HD Hyundai, bringing the number of newbuildings ordered from the yard to 16 since 2016
Blacklisted ships continue Hormuz transits despite Iranian threats as attacks broaden beyond designated vessels Analysis of Iran's expanding Strait of Hormuz blacklist shows most designated vessels are continuing to trade despite threats of detention...
War salvage becomes shipping's newest strategic industry The strike on Ambrey-operated St Helena has underscored how casualty response is becoming a permanent feature of operating in conflict...
EU pressured to reinforce Red Sea naval mission as Houthi threat escalates Kaja Kallas says the EU's Aspides mission remains dangerously under-resourced as mounting threats in the Red Sea and Strait of...
Bulker still aground off key Australian coal port Vessel movements at the port are being affected as tugs are redirected to the stricken capesize
'Astronomical' war risk pricing propping up cargo insurance Combined ratios at commercial underwriters heading for marine mutual territory, IUMI conference told
Landside bottlenecks, not ships, are the real constraint says Maersk, as Red Sea return gathers pace The bottleneck in container shipping has moved from sea to shore: Maersk says congested terminals and inland links, not vessel...
Daily Briefing 22 September 2026 Trafigura launches tanker spin-off Volare Shipping with $500m Oslo IPO | Arctic crude traffic surges as sanctioned tankers head for...
US shippers boost private fleet use as trucking, fuel costs rise In-house truck fleets operated by shippers are increasingly integrated into supply chain planning, and the current truck capacity shortage is expected to accelerate the trend.
Hong Kong seeks to enhance sea-rail links, South America reefer services Those proposed moves and others were outlined by Hong Kong government leader John Lee Ka-chiu as part of a five-year plan to stem the port's declining container volumes.
PIL appoints Temasek executive to succeed current CEO Kastrup The intra-Asia specialist carrier said Wan Chee Foong will become chief executive in April after holding prior leadership roles with terminal operator PSA International.
Fuel surcharges in trucking spotlight as diesel prices continue to soar The rapid increase in diesel does not necessarily mean established carriers will immediately park trucks, because trucking companies with contractual fuel surcharge mechanisms can pass much of the higher expense to customers.
Shenghang Shipping strikes for six chemical tanker newbuildings Deal with China Merchants group yard is worth $131m
Bahri swoops into gas carriers with secondhand trio State-owned company named as buyer of three midsize LPG sold by Exmar
Bankers assemble for 2020 Bulkers share sale after offshore vessel fleet deal signed Arctic Securities, Clarksons Securities, DNB Carnegie and more will sell up to $175m shares in a private placement
Shipping risks missing zero-emission fuel target after 'transition-regressive' delay, report finds Zero-emission technology development is progressing, but demand, finance and other factors have stagnated
Italian shipowner Brullo renews tanker fleet with deal for three newbuildings Group companies Augusta Due and Navalmed head to China for MR vessels
AET sees shuttle tanker opportunity in Brazil's FPSO growth plans MISC Berhad unit has 13 dynamic-positioning shuttle tankers in Brazilian waters
Rio Tinto Shipping fleet sell-off rolls on with double bulker sale Miner has sold off more than half its owned fleet this year so far
China Merchants scores $36.1m fixture as record VLCC rates meet futures softness VLCC-weighted futures ETF sheds 17.8% in morning trading
ABS teams with LomarLabs to push new cleantech and digital start-ups Agreement allows LomarLabs to push multiple start-ups
'Seeing ships': Cargill and International Seaways back ASBA education efforts Support is building for brokers-agents foundation to attract a new generation to shipping jobs
ABS teams with LomarLabs to push new cleantech and digital startups Agreement allows LomarLabs to push multiple startups
Lars Kastrup stands down as PIL boss as succession plan put in place Singapore container line will ring the changes next year
Chokepoint attacks leave marine insurers on the hook for billions of dollars Conference hears global economic losses from any Panama Canal attack could hit $500bn
Bulker markets look 'really rosy', hedge fund manager Tor Svelland says earnley Securities also sees dry bulk momentum building
CLdN books $250m order at HD Hyundai Heavy Industries Ulsan-based yard is scheduled to deliver the newbuildings in the second half of 2029
European ship recyclers fight EU approval of Indian yards Opposing sides trying to push EU in decision regarding first Alang recyclers on EU approved list
Fearnleys investment banking boss sees shipping M&A in consolidation wave Rikard Vabo spots succession challenges, wealth concentration and fleet modernisation driving transactions
GasEntec begins hunt for LNG conversion candidates as it steps into asset ownership Company announces tie up with Samsung Heavy Industries on small-scale liquefaction technology
Chinese owner enters VLCC sector as ex-Sovcomflot ship sold for huge profit Zhejiang Changchang linked to purchase of Abu Dhabi owner Al Seer's Twin Pollux
BW LNG lines up speculative LNG carrier-to-FSRU conversion Company growing its exposure in floating regas and storage as it redeploys less efficient tonnage
AI-driven services to boost Bureau Veritas revenue by $1bn, says boss Hinda Gharbi Class society targets $1bn in new AI-driven business by 2030
Red Sea Yanbu loadings to restart soon, Saudi Arabia tells refiners Key alternative outlet has been shut after East-West Pipeline damaged in attacks
ESL joins shipping plan pieced together by Clarksons and Swedish steelmaker Exclusive broking agreement has been in place since 2023
Rumours explode over $250m price tag for CMB.Tech VLCC resales Analysts see the price of these new tankers as a 'bit high'
Union Maritime executive explains newbuilding rush in a new age of shipping cycles Michael Kotsapas tells Singapore forum that in the current shipping environment, scale is what counts
CLdN linked to $250m order at HD Hyundai Heavy Industries Ulsan-based yard is scheduled to deliver the newbuildings in the second half of 2029
Astrup Fearnley CEO: Hot markets are super-charging growth Norwegian group is targeting growth but wants to compete with service, not size
Italian owner Brullo renews tanker fleet with deal for three newbuildings Group companies Augusta Due and Navalmed head to China for MR vessels
Monjasa brings in new batch of trainees in volatile bunker markets Nine new recruits will be asked to 'contribute early' by Danish group
Serial buyer Sinokor linked to sale of former Bahri VLCC for $34m profit Brokers say elderly tanker fetches up to $93m from Middle Eastern buyer
Asyad Shipping must sell stock worth $140m to boost free float in Oman Muscat-listed owner has until March to comply with IPO rules
Scramble to free giant bulker that ran aground off Australia Authorities investigating how the Cape Falcon got stuck off Gladstone
Libyan militants cut oil flows amid energy upheaval spreads Suezmax, aframax and MR tankers loading at Zawiya port may be left high and dry
Greek shipowner Spring Marine buys into Idan Ofer-backed fuel tech operation London-listed Sulnox says company also extends fleet agreement for its decarbonisation product
Diana Shipping banks higher charter rate for ultramax bulker Greek owner secures $18,000 per day from Dai An Ocean Shipping
VLCC rates hit 'scarcely believable' $1,250,000 per day in Middle East Gulf BRS Shipbrokers explains why this boom is different to the 2008 supercycle
Chinese shipowner to pocket $10m gain after profitable sale of capesize bulker Vessel last changed hands in January 2024 for just $15m
Liaoning Port unit buys boxship from sister firm to save coastal licence Related-party deal sees unit pay $12.2m for boxship, a third below its original acquisition cost
The Fed Just Raised Rates Again: Here's What It Means for Freight On September 16, the Federal Open Market Committee (FOMC) raised the federal funds target range by 25 basis points to 3.75%-4.00%, its first hike after a run of cuts, citing inflation that Fed Chair Kevin Warsh called "too high and has been for too long." Effective September 17, the Fed also moved its full set of administered rates in lockstep, per its implementation note : interest on reserve ba
New report: Just a third of container shipping on-time Global container shipping schedule reliability fell for a third consecutive month in August, with just 29% of vessels arriving on time as disruption on the Far East-Europe trade pushed performance close to pandemic-era lows, according to analyst Xeneta. The 4-percentage-point month-to-month decline from July's 33% on-time performance was accompanied by a sharp increase in the average delay, which
Tabi Connect, Kleinschmidt partner to automate freight quoting Tabi Connect and Kleinschmidt have partnered to automate freight quoting through Kleinschmidt's Intelligence Network, the companies announced Sept. 14. The integration sends freight quote requests moving through Kleinschmidt's network directly into Tabi, where a brokerage's pricing rules are automatically applied before the quote is returned to the shipper. The companies said the integration can
Piston raises $15M to expand cardless fuel payments network Piston, a payment platform designed for commercial fleets, has raised $15 million in Series A funding as the company looks to expand its cardless fuel payment network across the U.S., according to Piston. FPV Ventures led the round, with existing investors Spark Capital and Pear VC also participating. The financing brings Piston's total funding to $22.5 million. The company said its payment volum
New $100M inland rail terminal will handle 60,000 TEUs a year Construction of the Alabama Port Authority's Montgomery Intermodal Container Transfer Facility remains on schedule for an early 2027 opening, with site grading and underground utility work completed and rail-infrastructure construction now underway. The $100 million, 272-acre terminal is being developed as an inland extension of the Port of Mobile's container gateway. It will connect central Alab
Regulators turn down requests for summary denial of UP-NS merger The Surface Transportation Board has turned down the long-shot efforts of opponents to bring a quick end to Union Pacific-Norfolk Southern merger plans. The board announced late today (Friday, Sept. 18) that it had denied three motions - filed on Aug. 6 by BNSF Railway (NYSE: BRK-B ), CSX (NASDAQ: CSX ), and a coalition of shipper associations - that called for summary denial of the UP-NS merger
Masked thieves cut trailer hinges, steal Black Angus beef in Philadelphia Four masked men cut into a tractor-trailer early Tuesday before stealing Black Angus beef ribs in Philadelphia. The group approached a 2026 Freightliner around 1 a.m., according to city police. They cut hinges from the rear door, gaining access to the cargo inside. Approximately half a pallet disappeared during the theft. The offenders loaded the meat into a dark-colored Ford F-150. An unidentifi
Drivers at DHL Express delivery vendors in Dallas join Teamsters union The Teamsters has convinced 55 drivers at two parcel delivery subcontractors for DHL Express in the Dallas metropolitan area to join Local 745 as the union pushes to extend benefits and workforce protections enjoyed by a few thousand members at DHL Express. The union last week said its organizing drive had succeeded in getting 55 drivers at DeliverOL and Driven-Force Inc., to vote unanimously to
Benchmark diesel sets new record; futures signaling relief? If you're a diesel user and you don't know whether you're coming or going, you've got plenty of company. The volatility in the market was evident just in the past few days. On Tuesday, the Department of Energy/Energy Information Agency posted the ninth increase in 11 weeks in the benchmark price used for most fuel surcharges. The DOE/EIA price rose 24.4 cents/gallon to $6.529/g, effective Monday
16 trucking companies hit bankruptcy court in less than a month A new round of trucking bankruptcies has swept across the U.S. in recent weeks, with carriers ranging from small owner-operators to fleets operating dozens of trucks seeking Chapter 7 or Chapter 11 protection. At least 16 trucking, delivery and transportation companies entered bankruptcy proceedings between late August and Sept. 21, according to federal court filings and carrier records reviewed
Record-low Rhine levels choke barge traffic, stress ground transport Water levels in the shallowest middle section of the Rhine River have fallen to 16 centimeters below the low-water threshold, threatening to halt all barge transportation on a critical supply chain corridor for central Europe that has experienced severely reduced traffic since early summer because of ongoing drought conditions. The actual navigable depth as of Monday was about 4.25 feet, accordin
Tavio pushes supply chain integration platform into freight In freight, as a company grows it needs to connect with an expanding network of trading partners. This connectivity normally takes the form of integrations, viaAPI and EDI. The challenge is that as companies scale, they will hit a wall where managing and maintaining these integrations can create engineering bottlenecks that stall core software roadmaps and inflate developer headcount.. Tavio is b
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