VIDEO: Bardex to supply shiplift for River Port's Newport News shipyard Goleta, Calif-based Bardex Corporation has been selected to provide a new shiplift system for River Port, LLC, an S23 Holdings company, at its Newport News, Va., facility. The shiplift will be operated
Crowley names Brea Schmidt CFO Crowley, a logistics, marine and energy solutions company, announced the appointment of Brea Schmidt as chief financial officer. As CFO, Schmidt serves as Crowley's senior-most executive for enterprise financial performance and strategy,
Nine states file suit challenging Trump administration offshore wind buyouts New York Attorney General Letitia James and New York State Gov. Kathy Hochul yesterday announced that New York is leading seven other attorneys general in suing to block two offshore wind buyoutdeals
Port Pascagoula names Charles D. Tillotson port director The Jackson County Port Authority Board of Commissioners in Mississippi has named Charles David Tillotson as port director of Port Pascagoula following the board's approval of his employment agreement late last month.
Marine Log names Jennifer Carpenter 2026 Lifetime Achievement honoree Marine Log has named Jennifer Carpenter, president and CEO of the American Waterways Operators (AWO), as the recipient of its 2026 Top Women in Maritime Lifetime Achievement Award. Carpenter was also among
LR, HD Hyundai and GTT develop 150,000-cbm ultra-large ethane carrier Lloyd's Register (LR), HD Hyundai Heavy Industries (HHI) and GTT have launched a joint project to develop a 150,000-cbm ultra-large ethane carrier (ULEC). The new concept will incorporate GTT's Mark III Slim cargo containment system. According to the partners, it will be the largest vessel design in the ethane carrier segment. The joint development project (JDP) was announced at Gastech 2026 in B
Port of Liège and Euroports sign concession for Clermont-sous-Huy multimodal hub The Port of Liège and Euroports Inland Terminals have signed a 30-year concession agreement for the Clermont-sous-Huy port area in Engis, signed on September 15, 2026, marking a new milestone in the development of port infrastructure and multimodality in the Liège region. The concession covers a strategically located strip of land between the quay along the Meuse and the sites operated by Europor
DHL expands global battery logistics network as electrification accelerates DHL is expanding its global battery logistics network as demand grows across electric mobility, battery manufacturing and energy storage. The logistics group has connected more than 20 EV and Battery Centers of Excellence worldwide. Further expansion is also planned. The network combines the capabilities of DHL Supply Chain, DHL Global Forwarding and DHL Express. It covers manufacturing logistics
Hapag-Lloyd introduces LOI requirement for selected Morocco imports Hapag-Lloyd has introduced a new documentation requirement for selected commodities imported into Morocco, effective 23 September 2026. Bookings containing the affected goods must include a signed Letter of Indemnity before the carrier issues booking confirmation. Hapag-Lloyd may place bookings on hold until it receives the required document. Customers must submit the LOI using the carrier's pres
Port of Vancouver sets record as commodity exports surge The Port of Vancouver handled a record 88.1 million metric tonnes of cargo in the first six months of 2026, a 3% increase compared to the same period in 2025, driven primarily by record volumes of Prairie grain and Alberta crude oil reaching Indo-Pacific markets. Exports of fertilizer and coal remained broadly steady alongside two-way container trade, while vehicle imports and cruise operations b
ABP Southampton installs new marine deck crane Associated British Ports has invested in a new marine deck crane aboard Spartina, one of the Port of Southampton's operational workboats, strengthening marine capability and supporting safe, efficient harbour operations. The HS.Marine AK 30 HE4 deck crane was supplied, installed and commissioned by Southampton-based specialist Marine Cranes, replacing the vessel's existing crane at the end of its
Maersk updates emergency inland fuel surcharges across Nordic region Maersk has announced updated Emergency Inland Fuel and Energy Surcharge levels for store-door shipments across the Nordic and Baltic region. The revised fees apply to shipments with a price calculation date from 23 September 2026. Country Surcharge Denmark 14% Sweden 12% Norway 0% Finland 7% Lithuania 6% Latvia 18% Estonia 20% Compared with the previous weekly levels, the surcharges for Finland,
CEVA expands JLR vehicle logistics contract across France and Benelux CEVA Logistics has extended and expanded its finished vehicle logistics contract with JLR across France and the Benelux region. Under the new three-year agreement, CEVA will become JLR's exclusive finished vehicle logistics provider in France while increasing its responsibilities for vehicle distribution from the Port of Zeebrugge in Belgium. CEVA takes over full Zeebrugge volumes CEVA will direc
Hapag-Lloyd CEO heads to Israel as revised $4.2 billion ZIM proposal takes shape Hapag-Lloyd CEO Rolf Habben Jansen is expected to visit Israel as the German carrier and Israeli private equity fund FIMI prepare a revised proposal for their planned $4.2 billion acquisition of ZIM. According to a report by Israeli financial newspaper Calcalist, Habben Jansen is due to arrive in Israel on Wednesday, ahead of a revised proposal expected to be submitted on Sunday. The report said
Maersk updates intermodal fuel fees across DACH, Benelux and Poland Maersk has announced new Intermodal Fuel Fee levels for inland transportation services across the DACH region, Benelux and Poland. The revised percentages will apply from 28 September to 12 October 2026. Region Countries Truck Barge and BCO RCO DACH Germany, Austria and Switzerland 15% 15% 7.5% Benelux Belgium, Netherlands and Luxembourg 14% 14% 7% Poland Poland 16% - 8% The percentages will be a
Valenciaport import and export volumes rise in August Valenciaport recorded positive growth in import and export activity in August 2026, reinforcing its role as a gateway for the Spanish economy, while transshipment traffic fell, weighing on overall container figures for the month. Full export containers loaded at Valenciaport's docks reached 78,614 TEUs, a 7.14% increase on August 2025, while full import containers totalled 94,888 TEUs, up 6.30%.
Middle East disruption creates new layers of container shipping costs Middle East disruption is creating increasingly varied cost pressures across container shipping, with recent carrier measures affecting ocean freight, Strait of Hormuz transits, LCL cargo, feeder operations and, in some markets, inland transportation
CLdN orders two new 6,700 lane-metre RoRo vessels from HD Hyundai CLdN has placed an order for two new 6,700 lane-metre RoRo vessels with HD Hyundai Heavy Industries, further expanding its shortsea shipping fleet. Construction is scheduled to begin in early 2028, with delivery expected in mid-2029. The ships will be the 15th and 16th vessels ordered by CLdN from the South Korean shipbuilder over the past decade. Higher cargo capacity The new vessels will featur
Nord Gas Solutions to equip eight 90,000-cbm BW LPG newbuilds Nord Gas Solutions has secured a contract to supply cargo handling and LPG fuel supply systems for eight new Very Large Gas Carriers (VLGCs) ordered by BW LPG. The eight vessels will each have a capacity of 90,000 cubic metres and will be constructed at HD Hyundai Mipo Dockyard. The contract was signed in August 2026. First VLGCs to be built at HD Hyundai Mipo The project will mark the first time
PIL names Wan Chee Foong as next CEO Pacific International Lines (PIL) has appointed Wan Chee Foong as Deputy Chief Executive Officer as part of a planned leadership succession at the Singapore-based container shipping company. Wan will take up the Deputy CEO role on 5 October 2026 before succeeding Lars Kastrup as CEO in April 2027. Kastrup will remain CEO during the six-month transition period and will subsequently serve as an adv
Suez return cuts India-Savannah transit times by up to 14 days The return of some container services to the Suez Canal is cutting transit times between India and the Port of Savannah by as much as 10 to 14 days, according to the Georgia Ports Authority (GPA). Several major container lines have begun restoring selected Red Sea and Suez Canal routings after extended diversions around the Cape of Good Hope. GPA said the shorter voyages are improving supply chai
GWC expands UAE operations with two new subsidiaries GWC Group has expanded its operations in the United Arab Emirates with two new subsidiaries as part of a wider push to strengthen its logistics network across the Gulf Cooperation Council (GCC). The Qatar-based logistics group has also formed a strategic partnership with Meydan Free Zone and expanded its Quick-Commerce network in the UAE. The developments are designed to strengthen connections be
PortXchange warns of bunker shifts as Spain adopts new marine fuel rules Spain's new marine fuel regulation could lead to shifts in bunker volumes between European ports if similar requirements are not introduced consistently across neighbouring markets, according to PortXchange. The maritime technology company pointed to developments in Rotterdam after the Netherlands introduced a binding decarbonisation obligation for marine fuel suppliers at the beginning of 2026.
Why MSC Is Buying Its Way Into Europe's Shipyards MSC's reported talks over the German government's 80% stake in Meyer Werft look and a defence-adjacent yard in Romania point to the same strategic shift
ID Logistics strengthens UK leadership team with three senior appointments ID Logistics has strengthened its UK leadership team with three senior appointments as the company expands its operations in the country. The contract logistics group has appointed Jagdeep Loha as Head of IT, Alan Woodward as Head of Business Development and Jean-François Noel as Head of Contract Management. Three senior appointments Loha brings more than 20 years of experience in IT leadership.
Hyster delivers hydrogen fuel cell-powered ReachStacker to port of Tilbury Hyster has delivered the United Kingdom's first hydrogen fuel cell-powered ReachStacker to the Port of Tilbury, marking a significant milestone in the decarbonisation of heavy port cargo handling equipment. The machine, a Hyster RS46-36CH, is operating at Tilbury2, the port's logistics and distribution hub, in a deployment supported by Innovate UK funding through the ZEHIA project, which brings t
ABS approves 22,000-cbm ammonia bunkering vessel design ABS has awarded approval in principle (AiP) to HD Hyundai Heavy Industries (HD HHI) and HD Korea Shipbuilding & Offshore Engineering (HD KSOE) for a 22,000-cbm ammonia bunkering vessel. The vessel is designed to supply ammonia as marine fuel. The approval was announced at Gastech 2026 and follows a joint development project launched earlier this year. Design supports ammonia bunkering ABS reviewe
What happens when net zero becomes auditable? Captain Alex Byelyavtsev is back with some uncomfortable predictions for some owners. ISO's public consultation on ISO 14060 closed on September 9, 2026. The draft is intended to become what ISO describes as the world's first international independently verifiable standard for credible net-zero alignment. Final text is still ahead. The harder question for shipping is ...
Shanghai clears Luojing terminal for foreign trade Shanghai has cleared the first phase of its automated Luojing container terminal for foreign-trade operations, expanding the role of the 2.6m teu-a-year facility at the world's busiest container port. The Shanghai municipal government approved the change in a decision, authorising the first phase of the Luojing container terminal conversion for external, or foreign-trade, use. The ...
Navios tied to four boxship newbuilds in South Korea Angeliki Frangou-led Navios Maritime Partners has been linked to another four containership newbuilds at South Korea's HJ Shipbuilding & Construction (HJSC), in a deal worth around $500m. HJSC disclosed this week that it had signed up an unidentified Oceania-based owner for four containerships, with the contract worth KRW679bn ($500m) running from September 21, 2026 through ...
DAB Group enters shipowning with Chinese ultramax pair Germany's DAB Group is moving into shipowning, ordering two ultramax bulk carriers at China's Jiangsu Soho Innovation & Technology Shipbuilding with an option for a third vessel. The 64,500 dwt ships have been ordered through group company Dassler Schiffahrts- und Handelsgesellschaft (DSH), which has been active in the German maritime sector since 1993 but has ...
US opens rethink of $2.5bn vessel investment pool The US Maritime Administration is proposing the biggest rewrite in decades of rules governing the Capital Construction Fund, a tax-deferral programme currently holding about $2.56bn for investment in US commercial vessels. MARAD published a notice of proposed rulemaking on September 22 covering 129 CCF agreements, many of which the agency said contain vessel projects drawn ...
Synergy links up with Cochin across newbuilds and conversions Singapore shipmanager Synergy Marine Group has joined forces with Cochin Shipyard to pursue shipbuilding, repair and conversion work in India, adding another international partner to the state-controlled yard's expanding network. The two companies signed an MoU in Kochi covering joint business development across newbuildings, ship repair, conversions, module fabrication and oil and gas projects.
China Merchants tanker arm lines up LR2 quartet China Merchants-controlled Nanjing Tanker has launched a tender for four additional LR2 tankers, potentially tripling its newbuilding exposure in the segment from two ships to six. The Shanghai-listed owner is inviting bids to construct four LR2 product/crude carriers, with submissions due on October 10. The tender calls for ships compliant with IMO Tier III emissions ...
Diana extends rate run with new ultramax fixture Diana Shipping has extended its run of stronger dry bulk fixtures, locking the ultramax DSI Polaris into a new charter with Dai An Ocean Shipping at $18,000 per day, nearly 47% above its current rate. The 2018-built, 60,404 dwt bulker will start its new employment on September 25 at $18,000 per day, less a 5% ...
Jinhui keeps ultramax ordering spree rolling Jinhui Shipping and Transportation has returned to Jiangmen Nanyang Ship Engineering for another pair of ultramax bulkers, taking its newbuilding programme in the segment to 14 ships. The Oslo- and Hong Kong-listed owner is paying $35.7m each, or $71.4m in total, for the two 64,500 dwt vessels. The first is due by the end of ...
CLdN extends HD Hyundai run with fresh order Luxembourg-based CLdN has returned to South Korea for another pair of large roros, ordering two 6,700-lane-metre ships at HD Hyundai Heavy Industries for KRW336.2bn ($248m). The two vessels will be the 15th and 16th ships CLdN has ordered from the Korean shipbuilding group over the past decade. Construction is due to start in early 2028, ...
Jan De Nul doubles up on subsea cable trenchers Belgian marine contractor Jan De Nul has ordered another trenching vessel at China Merchants Heavy Industry (CMHI) to support subsea cable installation and protection. In March, the company announced the order of the trenching support vessel Isambard K. Brunel. This latest vessel will be an exact copy and sister vessel of the Isambard K. Brunel. ...
PTTEP hands two jackup deals to Foresight Offshore Drilling Thailand's PTTEP has awarded two long-term drilling contracts to Foresight Offshore Drilling for the Aryabhatt 1 and Vivekanand 1 jackups. The rigs will take over work in the Gulf of Thailand currently awarded to Energy Drilling's tender-assist units EDrill-1 and T-15. The contracts are expected to start in February and April 2027, respectively. Energy Drilling ...
2020 Bulkers seals 15-ship AHTS roll-up 2020 Bulkers has signed the binding deal behind its dramatic move into offshore shipping, setting out to assemble as many as 15 large anchor handlers while launching a private placement of up to $175m. The Oslo-listed company has agreed to acquire all of AHTS AS, which owns seven AHTS vessels and has agreements to buy ...
Union Maritime spreads nine-ship order across five segments Laurent Cadji-led Union Maritime has added nine newbuildings across five vessel classes, pushing one of shipping's fastest-growing orderbooks to close to 80 ships. The latest additions comprise two 211,000 dwt newcastlemaxes at Wuhu Shipyard, two 49,800 dwt MR product tankers at Jingjiang Nanyang Shipbuilding, one 115,000 dwt LR2 at Guangzhou Shipyard International, two 19,900 dwt ...
Fujian Guohang plots $370m move into tankers and heavylift Fujian Guohang Ocean Shipping is lining up six newbuildings worth RMB2.49bn ($372m) as the Chinese dry bulk owner sets out plans to move into both LR2 tankers and large multipurpose heavylift tonnage. The Beijing Stock Exchange-listed company disclosed plans to build three 115,000 dwt LR2 product/crude tankers and three 62,000 dwt multipurpose heavylift vessels in ...
Ofiniti buys ZeroNorth eBDN business Maritime technology company Ofiniti has agreed to acquire ZeroNorth's electronic bunker delivery note business, strengthening its position in digital bunkering as consolidation gathers pace across the sector. The deal will see ZeroNorth's eBDN technology, customers and Singapore licence-holding entity BTS Pte Ltd transferred onto Ofiniti's Bunker Operating System. It is Ofiniti's third acquisitio
Germany gives vessel traffic controllers an AI copilot German researchers are developing an AI-based decision-support system to help vessel traffic controllers manage waterways increasingly shared by conventional, highly automated and autonomous ships. Fraunhofer FKIE has launched the LEAS-PRO project, which aims to build a demonstrator capable of analysing developing traffic situations and providing recommendations to shore-based vessel traffic serv
MSC ship abandoned and adrift in South China Sea The troubled MSC Hermes III remains afloat and drifting unmanned in the South China Sea after all 25 crew abandoned the vessel yesterday. A fresh HYDROPAC navigational warning describes the 20-year-old containership as a "derelict" vessel adrift near 11°45'N 112°15'E, around 300 km east of Vietnam. The warning is currently scheduled to remain in force ...
Lars Kastrup stands down as PIL boss with Temasek exec lined up Pacific International Lines (PIL) chief executive Lars Kastrup will step down next April, bringing to a close a tenure that has coincided with one of the most dramatic turnarounds in the Singapore liner's history. Wan Chee Foong, currently managing director, corporate strategy at Temasek International, will join PIL as deputy CEO on October 5 before ...
CMA CGM-backed wind-powered roro catches the eye in Zeebrugge One of shipping's most distinctive new vessels has made its first Belgian call, with the wind-powered Neoliner Origin arriving at PSA Zeebrugge as part of an expanded transatlantic service. The 136 m roro, operated by French company Neoline and backed by CMA CGM, now links Zeebrugge with Montoir-de-Bretagne, Saint-Pierre-et-Miquelon, Baltimore and Halifax. The extended rotation ...
China-linked hackers step up attacks on European shipping Chinese state-linked hackers are mounting sustained cyberespionage campaigns against maritime organisations across Europe, with shipping emerging as a consistent target for Beijing-linked threat groups, the European Union's cybersecurity agency has warned. ENISA's newly published Threat Landscape 2026 says China-nexus groups maintained a particular interest in telecommunications, maritime, semico
How long can the million-dollar VLCC market last? The VLCC market has reached levels that would have sounded absurd only months ago. Middle East-China earnings have pushed beyond $1m a day, Atlantic routes have surged into the hundreds of thousands and secondhand values have exploded to the point where rust-stained 15-year-old VLCCs are changing hands for more than newbuilds. The argument now dividing ...
Boxship orderbook points to looming capacity showdown Container shipping's extraordinary newbuilding binge has reached a point where several carriers now have more ships on order than they have in their entire existing fleets. Shipping analyst Lars Jensen, who runs Vespucci Maritime, highlighted five operators in Alphaliner's top 100 where the orderbook exceeds the current fleet: Regional Container Lines at 157%, Zhonggu Logistics ...
How would US diesel export restriction impact tanker shipping rates? The United States supplies almost one-fifth of global seaborne diesel volumes. Possible curbs on those exports, driven by midterm election...
Hormuz has postponed an impending LNG glut, but demand uncertainty remains US exports have helped lessen a gas crisis caused by the loss of Qatari volumes, but there are questions over...
The Daily View: Cyber risk is no longer shipping's hypothetical threat
Shipping emerges as prime cyber target for China-linked hackers In years gone by, shipping remained relatively unscathed by hackers, but a recent report by the European Union suggests the...
UPDATED: Seafarer killed in latest Hormuz attack The vessel is not on the 'non-compliant' list of vessels issued by the Persian Gulf Strait Authority, the Iranian outfit...
'Struggle' to secure Black Sea breach cover in London right now, says Markel Big-name insurers not interested in single trips
Cosco-Hit defends Hong Kong port alliance amid Chinese competition Cosco-Hit rules out the immediate need for further consolidation of Hong Kong ports despite a sharp drop in throughput
Europe wants IMO to write a new AI rulebook for shipping European states, backed by class societies, want the IMO to develop mandatory standards for AI-powered navigation and communications systems, marking...
Black Sea attack kills cargoship master, says Ukraine Ukrainian authorities say a merchant vessel master was killed after a cargoship came under attack in the Black Sea
PIL taps Temasek veteran as next CEO ahead of 60th anniversary PIL is planning an orderly leadership transition after restoring profitability and expanding fleet capacity
Daily Briefing Crude tanker rates steady near record highs, FFAs fall, and stocks retreat | Landside bottlenecks, not ships, are the real...
Hapag-Lloyd to submit revised terms for Zim bid by month's end The carrier was forced to make changes to the $4.2 billion deal to address Israeli government concerns that the transaction in its original form would undermine Israel's national security.
Suez return, order book will shape 2027 container market: Bimco The shipping association said overcapacity looms large for next year as new ships are delivered and a resumption of regular Suez transits weigh on supply, but a possible normalized Mideast market could spark renewed demand.
Canada seeks labor-employer guardrails against port, rail disruption New legislation in Parliament designed to change the country's Labor Code comes ahead of the expiration of two major labor contracts involving British Columbia ports and Canadian National Railway.
Maersk's India-USEC vessel upsizing comes on stream as competitors downshift The carrier has in recent years signaled it wants to be a bigger player on the trade lane and reclaim market share lost to other liners over the past decade.
Reversing damage from IMO's net-zero delay crucial: report The delay in adopting the policy framework is a key contributor to the mixed progress made towards the maritime industry's 2030 emissions-cutting goals, the report from two climate groups found.
Value Investor's Edge founder warns clients on skyrocketing Breakwave Tanker ETF Fund up more than 3,700% on year is 'extremely dangerous for average investors,' researcher cautions
Greek judge bans disputed Eletson ship from leaving port after master refuses management change Affiliate of Murchinson-controlled Eletson Holdings appoints V Ships to operate vessel
Sinokor strikes $25m VLCC relet to Chevron as Gulf of Oman rates hold strength Shipping giant plays both legs of Middle East-to-Asia trade
Nukes under the sun: Propulsion to take centre stage at ASBA Miami cargo forum This week's Streetwise considers the issue of nuclear power as an alternative to fossil fuels
Hull underwriters hit by rising costs and war losses Senior underwriters say profits dented by multiple impacts from war and economic woes
French owner Marfret inks orders for feeder pair in China Two 480-teu vessels add to growing portfolio to be built at Guangji Xinneng for international owners
At least 100 ships damaged or destroyed as Middle East war nears eight-month mark The Cape Dao was the largest of 11 bulkers that have been hit in the conflict
China adds early warning system for electric cars to combat ship fires Carmakers drive change after spate of costly blazes on vessels linked to batteries
Stena taps Chinese shipyard for double ro-pax ferry order Latest e-flexer design will allow full-electric voyages on Denmark to Sweden route
Fred Olsen holding company succeeds in selling $84m of green bonds Oslo-listed Bonheur sold out issue in less than a day
Owners facing insurance hikes as P&I club underwriting losses pile up Tysers annual report raises concerns over uninsured vessels after Oman oil spill
Indian seafarer dies as capesize bulker struck in Strait of Hormuz Indian labour union reports death on UAE-linked vessel that was hit in its accommodation and engine rooms
Offen Group eyes first container ship order since global financial crisis German tonnage provider linked to Chinese yard for orders of up to four container ships
Seafarers injured as fire burns on ship in the Strait of Hormuz Exact condition of victims on cargo vessel remains unclear
Ships sanctioned by Iran continue to move freely through Strait of Hormuz Windward says blacklistings appear to have had no effect on transits
Trafigura and Vitol seek crude price cuts as tanker rates surge Reuters reports traders trying to pay less for Venezuelan oil due to record freight costs
Hormuz irrelevant as NAT boss Hansson predicts tanker boom to last Norwegian executive says closing or opening of strait will not hit demand for his suezmaxes
Trafigura tipped as buyer of second VLCC resale from Thanassis Laskaridis Transaction highlights outsize impact of delivery place and time on S&P negotiations and prices
Iran plots sale of seized US and Israeli-linked ships Proceeds to be given to families affected by war, government lawyer says
Where is the ceiling for record-setting VLCC spot rates? Braemar research boss Henry Curra examines all the moving parts in previously 'impossible' freight environment
Ship management giant V.Ships unveils new boss as Robert Desai walks away Shubpreet Singh promoted to take over top job at UK ship management giant
Ravi Mehrotra racks up big profit from sale of oldest VLGC Clarksons reports 2009-built vessel fetching $74m
Converted ammonia bunker vessel makes first ship-to-ship transfer in China Multi-cargo carrier retrofitted with ship-to-ship equipment to become nation's first ammonia bunkering vessel
Energy trader BGN makes tanker play with string of suezmax acquisitions Energy player and ship owner joins the ranks of suezmax buyers in red-hot S&P market
LR talks up 200,000-cbm LNG carrier as 'credible next step' Study finds 88 terminals worldwide now compatible with upsized design
'Not a no-brainer for anyone': Klaveness Combination Carriers explains $8m upgrade Engebret Dahm explains why KCC is betting on emissions technology at a time when the green agenda has fallen out of the headlines
VLCC owner Al Seer cuts debt by selling shares in AD Ports Abu Dhabi group offloads stake to state investment platform
Fred Olsen holding company talks to investors over green bond issue Oslo-listed Bonheur arranges meetings over potential six-year notes
Strait of Hormuz peace talk sends Oslo tanker stocks lower Frontline and Okeanis shares drop in Norway this morning
Ukrainian master killed in latest Russian Black Sea ship attack More than 50 seafarers have lost their lives since the conflict began four years ago
Volare Shipping sells $500m new shares boosting value to $1.2bn ahead of IPO Shipping industrials, family offices and institutional investors buy into tanker owner
Chinese bulker owner breaks into tankers as part of six-ship order Listed owner contracting LR2s plus heavylift tonnage
Did the Saudis buy 25 tankers? Iraqi claim sparks row amid S&P stampede A rush to buy tankers on the secondhand market causes friction between rival oil producers
The open-and-shut Hormuz case gives war risk insurers the jitters Industry braces for disputes over total loss claims for ships stuck in Middle East Gulf
South Korean shipyard JE Ocean banks six tanker newbuildings Former Hyundai Gunsan shipyard has 10 tankers provisionally booked on its orderbook
Saudi Arabia resumes piping oil to Yanbu amid Houthi threat Tanker loadings expected to start imminently
Jiangmen Nanyang adds orders for 19 ultramax newbuildings worth $665m Chinese bulker specialist keeps adding newbuildings in 2026
Short-Haul Freight Is Winning as Long-Haul Slips Short-haul freight is up 35% year to date, and that shift is changing the truckload market. In this SONAR update, we break down why under-100-mile freight is growing, why long-haul volumes are slipping, and how intermodal is pulling freight out of over-the-road networks. You'll also get the latest read on tender rejections, which are still holding above 14%, and what that says about carrier optio
AI Saves Trucking Company $53,000 Annually Third-generation trucking owner Pam Polyak reveals how she uses AI to dramatically cut costs and boost efficiency. Learn how understanding your numbers and leveraging technology can transform your trucking business, especially for small owner-operators navigating volatile markets. A Wisconsin trucking company recovered $53,000 in labor costs after its owner used Claude AI to audit telematics data
STB Board Member Calls Major Railroad Merger Plan "Shallow" North American rail traffic saw a bounce back in Week 37, with carload and intermodal volumes showing positive year-over-year growth. However, the week closed with significant news regarding the Surface Transportation Board's review of a major railroad merger application. A new board member issued a surprising concurring opinion, criticizing the application as "shallow" and lacking in detail, rai
Tesla wins lead role in 2,500-truck electric Class 8 order Tesla won the lead supplier role in a 2,500-truck battery-electric Class 8 order that its organizers say will nearly double the U.S. electric Class 8 fleet. Catalyst Mobility , the clean transportation nonprofit formerly known as CALSTART, and the Smart Freight Centre announced the order Tuesday and called it the largest electric truck order in the U.S. to date. The trucks are being ordered throu
Trucking Lawsuits: Why Nuclear Verdicts Keep Hitting Nuclear verdicts in trucking are reshaping carrier risk, insurance costs and courtroom strategy. In this FW Today roundtable, Greg Reed of Hanson Bridgett and Drew Singleton Wilder of Vicarious Liability Risk Management break down what fleets, brokers and trucking leaders need to know. The panel digs into liability exposure, litigation trends and how the legal climate is changing the cost of doin
What Smart Supply Chain Operators Are Watching Right Now John Ferguson of Pivot Supply Chain Solutions joins FreightWaves Today for a straight conversation on supply chain strategy, market conditions and what operators should actually focus on. What's the biggest issue your team is dealing with right now? Freight brokers are fielding a new kind of sales call. John Ferguson, founder and CEO of Chattanooga-based Pivot Supply Chain Solutions, said a prosp
Next phase for autonomous railcar technology in commercial service testing Parallel Systems has advanced its autonomous battery-electric railcar program from an initial two-mile demonstration to a broader second testing phase on Genesee & Wyoming short lines in Georgia. The operational milestone comes as part of the company's effort to establish a lower-cost rail alternative for short-haul container freight. The Los Angeles-based company completed the first phase of its
Specialty Wine and Car Parts: Economics of the New Canadian Tit-for-Tat Tiff Tariffs On September 8, the disagreement escalated past tariffs entirely. The U.S. announced it would outright ban imports of Canadian dairy, alcohol, and large-displacement motorcycles , effective September 29. Not another rate hike, a straight prohibition. It's the newest turn in a dispute that's been building for months: on August 22, eleventh-hou
Grocer Wegmans to invest in supply chain upgrades Regional supermarket chain Wegmans plans to build a modern refrigerated distribution center in its hometown of Rochester, New York, to support perishable operations and consolidate storage of general merchandise at its Pottsville, Pennsylvania, warehouse. The investments are part of an effort to strengthen supply chain operations, reduce reliance on third-party providers, enhance service to store
What Freight Operators Should Actually Be Watching Sean Dehan breaks down Truckstop strategy and the freight market view on FW Today. Truckstop Chief Operating & Strategy Officer Sean Dehan joins FreightWaves to talk through what he's seeing in the market, how strategy is shifting and what matters for freight operators right now. Straight discussion, no filler. #FreightWaves #Truckstop #FreightMarket Spot market load volume on Truckstop's platfor
Diesel Export Ban? Why It Could Backfire Fast Diesel prices are swinging hard - and even JPMorgan says it doesn't see a clear resolution. John Kingston breaks down the 25-cent futures move, the export ban talk, and why New England, the Gulf Coast and the West Coast would not feel it the same way. If you run freight, buy fuel or watch margins, this is the takeaway: a diesel export ban may look like relief up front, but the regional fallout co
Diesel Prices Could Push More Capacity Out in Q4 Diesel prices could push more capacity out in Q4 - and that may be the real freight market story. RXO's Corey Klujsza breaks down why spot demand looks softer, why contract routing guides are shifting, and why carrier costs still leave the market vulnerable to higher rate volatility. This FreightWaves Today segment digs into consumer demand, food and bev seasonality, linehaul pressure and what ri
Trucking Insurance Fraud: Is Your Fleet Really Covered? The milk in your fridge has an expiration date, but what about your trucking insurance? Learn how outdated insurance policies create massive liabilities for carriers, brokers, and shippers. Andy Sharpe from MeshVI reveals how real-time, VIN-level data can prevent costly gaps and tackle pervasive insurance fraud in logistics. Don't let stale data put your operation at risk. Up to 15% of certificat
Houston Freight Tightened Fast: No. 2 in 2 Weeks Houston freight tightened fast - from one of the loosest markets to No. 2 for tightening in under two weeks. This freight market update breaks down tender rejections above 14%, spot rates at 342, diesel at $6.54, intermodal strength and what tropical storm risk could mean for supply chains. Key takeaways: volume is up week over week but still choppy, ocean imports may have already peaked, Houston
New report: US imports fell 4.5% in year after Liberation Day tariffs U.S. imports declined 4.5% in the 12 months following the April 2025 "Liberation Day" tariff announcement, while ocean containerized imports dropped 4.3%, according to a Descartes Datamyne analysis of U.S. Census and bill-of-lading data. The report compares May 2025 through April 2026 with the preceding 12-month period, a span marked by the imposition, revision and eventual invalidation of tariff
Samsara targets $2B in recoverable fleet fuel spend Fleets do not set the price of diesel, but they have spent much of 2026 absorbing it. As a result, Samsara went after the part of the bill a fleet does control. The Fuel Command Center, which the company launched Aug. 19, consolidates total and recoverable fuel spend in one view and splits the recoverable share into root causes. It then recommends the highest-impact action for each. Samsara estim
Hurricane Polo disrupts Mexican Pacific ports with high winds, heavy rain Hurricane Polo is disrupting maritime operations along Mexico's Pacific coast, prompting authorities to close or restrict navigation at several ports, while the key container gateway of Manzanillo remains open to large commercial vessels. Mexico's Navy closed the Port of Manzanillo in Colima to vessels under 500 gross tonnage beginning at 9 a.m. Tuesday as Polo rapidly intensified offshore. The r
Dual labor shocks in 2028? UPS, West Coast port bargaining to overlap The stakes are always high during labor negotiations between West Coast dockworkers and port operators because so much of the nation's international trade flows through the coastal gateways. And the threat of a potential labor disruption always puts parcel and freight shippers on edge when collective bargaining between United Parcel Service and the Teamsters union goes to the wire. Combine those
Uber Freight makes 'significant, multi-year' bet on Europe with Krakow hub Uber Freight is making what the company calls a "significant, multi-year commitment" to expand its European logistics business, including plans for a new control tower and operations hub in Krakow, Poland. The logistics provider announced Monday that it is investing in technology, operations and talent as it expands its fourth-party logistics, or 4PL, operations in Europe. The Krakow facility is
Alvys acquires LoadOps customers; Optym keeps LoadAi Alvys is acquiring the LoadOps customer base from Optym as part of a strategic partnership the two companies announced Wednesday. Alvys told FreightWaves that the financial elements of the transaction are private. The arrangement makes Alvys the transportation management system for carriers and brokers that ran LoadOps, Optym's TMS. Optym keeps LoadAi, its load planning and driver assignment plat
Greenbrier racks up $600 million in new railcar orders Freight car builder Greenbrier received orders for 3,400 new railcars worth about $600 million during its fiscal fourth quarter, including a 780-car order from Saudi Railway Company that expands the manufacturer's relationship with the state-owned rail operator into intermodal equipment. Lake Oswego, Ore,-based Greenbrier (NYSE: GBX ) said that the orders were booked in the quarter ended Aug. 31
A Look at How Loblaw and EAIGLE Are Bringing Automated Gates to a National Distribution Network Loblaw Companies, Canada's largest food retailer with roughly CA$61 billion in annual revenue, has been running automated gate technology at what its transportation team describes as the flagship facility for its entire network, and the reason that designation matters is that the site was built to absorb a set of innovative projects rather than to run a proven playbook, which makes both the perfo
Federal indictments target nearly $600K in interstate cargo theft tied to Memphis Federal prosecutors have charged three men in two cargo theft investigations involving nearly $600,000 in losses. The cases affected commercial freight carriers and companies operating in West Tennessee. Stolen merchandise included computer networking switches, televisions and tires. Federal authorities announced the indictments Monday in Memphis. One investigation centers on Arista computer netw
Some judicial skepticism of non-domiciled rule in Lujan arguments The normal level of judicial skepticism and questioning of attorneys last week in the oral arguments in Lujan vs. FMCSA. seemed to show more of that probing toward the counsel for the Department of Transportation than the other side. In oral arguments before the U.S. Court of Appeals for the District of Columbia, it was Simon Jerome arguing for DOT who appeared to face more pushback than his coun
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