Blue Water Shipping establishes new facility at Port of Brisbane Nearly 200 people gathered to celebrate the opening of Blue Water Shipping's new Queensland depot and distribution hub, located on a 51,780 m² site at Brisbane port's Fisherman Islands in Australia. This state-of-the-art facility is expected to allow Blue Water Shipping, a global transport and logistics provider, to centralize its port operations in one location, after having occupied temporary l
CentrePort advances energy transition with onsite battery energy storage system CentrePort is taking a significant step in its energy transition by introducing an onsite battery energy storage system (BESS). This initiative is designed to enhance New Zealand's port resilience and improve its ability to reduce emissions in the future. The BESS system will store energy for later use, making renewable energy supply more flexible and helping to address network supply constraints
CMA CGM announces surcharges from Far East In response to the current situation in Beira, Mozambique, CMA CGM has announced the implementation of a Port Congestion Surcharge (PCS) effective from 22 December 2024. This surcharge will apply to shipments originating from the Far East, including China, Hong Kong & Macau SAR, North East Asia, and South East Asia, and destined for Beira, Mozambique. The surcharge amount will be US$270 per TEU f
DHL and Allegro ink deal for Poland's delivery services DHL eCommerce and Allegro, Poland's e-commerce platform, have strengthened their collaboration by forming a strategic partnership that integrates DHL's delivery services into the Allegro Delivery program. This initiative enables Allegro customers to leverage DHL's extensive logistics network, which includes DHL BOX 24/7 parcel lockers, DHL POP pickup points, and courier services. The partnership
Weekly Analysis of Container Shipping Stocks The container shipping sector continues to navigate a turbulent environment shaped by fluctuating freight rates, geopolitical tensions, and slowing global trade. This week was particularly unique due to the Thanksgiving holiday, which limited trading activity in US markets. However, across global exchanges, the performance of shipping stocks reflected ongoing economic headwinds, including muted c
Technology Integration and Trends in Most-Efficient Ports Worldwide Ports around the world have been increasingly adopting technology to enhance efficiency, safety, and environmental sustainability. This content is locked Select a CN Premium Subscription Package To Unlock The Content! If you liked this post, please consider donating The post appeared first on Container News .
ONE Ireland moves to new offices in Dublin Ocean Network Express (ONE) Europe announced the relocation of its Ireland branch to a new office in Dublin, effective 27 November 2023. The new office, in the Dublin Airport Business Park, offers a prime location that supports ONE Europe's goals for enhanced connectivity and operational excellence. With state-of-the-art facilities and a strategic position, the office is well-equipped to bolster
MSC completes its investment in Hamburg port Port of Hamburg Beteiligungsgesellschaft SE, a subsidiary of the MSC Group, has announced the successful completion of its voluntary public tender offer for shares in Hamburger Hafen und Logistik Aktiengesellschaft (HHLA). This milestone marks the establishment of a strategic joint venture between the company and the City of Hamburg regarding HHLA. All necessary conditions for closing the transac
Sinokor sells two of six newbuildings to MSC for profit This content is locked Select a CN Premium Subscription Package To Unlock The Content! If you liked this post, please consider donating The post appeared first on Container News .
Ports of Stockholm launches pioneering OPS and microgrid tech project Ports of Stockholm, in collaboration with partners, launched an innovative project combining onshore power supply (OPS) with microgrid technology to enhance sustainability. This initiative aims to cut emissions, boost energy efficiency, and expand port capacity to meet growing demands for sustainable energy. Funded by the Swedish Innovation Agency Vinnova under the System Demonstrator Sustainable
China Merchants Port: Balancing Stronghold in China with Strategic Global Investments China Merchants Port operates with a strategic yet limited overseas footprint, focusing on key locations that leverage both regional growth potentials and strategic maritime routes. This content is locked Select a CN Premium Subscription Package To Unlock The Content! If you liked this post, please consider donating The post appeared first on Container News .
Riga to produce renewable fuel for Baltic market The Port of Riga is set to host the first large-scale production facility in the Baltic region for renewable fuels, including hydrotreated vegetable oil (HVO) and sustainable aviation fuel (SAF). This initiative, developed in partnership with Ukrainian investors, aims to meet the growing demand for high-value, eco-friendly fuel products in Latvia and across Europe. By advancing climate neutrality
Lancer Container Lines Limited: A Visionary Leap into the Future of Global Shipping Lancer Container Lines Limited is not just keeping pace with the rapidly evolving global shipping industry-it is leading the way forward. With a legacy rooted in innovation and operational excellence, Lancer has set its sights on extraordinary growth. Today, the company operates a fleet of over 20,000 TEUs, connecting the world's most critical trade routes, from Europe and the Indian Subcontinent
Antwerp-Bruges unveils Europe's first electric tugboat; Another five to join port's fleet The Port of Antwerp-Bruges has taken a significant step toward sustainability with the arrival of six energy-efficient tugboats, including the pioneering Volta 1, Europe's first fully electric RSD (Reversed Stern Drive) tugboat. This milestone aligns with the Belgian port's ambitious goal of achieving climate neutrality by 2050. Volta 1 sets a new standard in maritime innovation as an entirely em
SAAM unveils 2030 Sustainability Strategy SAAM marked its 63rd anniversary by unveiling its comprehensive 2030 Sustainability Strategy, reinforcing its commitment to sustainable growth with a clear, actionable plan and measurable goals. The strategy is built on four pillars: Reportability and Risk Management - People and Social Engagement - Environment and Climate Action - Sustainable Development and Projects. "Our goal is to become a le
Analysts pour cold water on Gemini proposition Container shipping analysts of Sea-Intelligence have cast doubt on whether Hapag-Lloyd and Maersk's alliance, the Gemini Cooperation, can deliver the fastest services when it becomes operational in February next year. This content is locked Select a CN Premium Subscription Package To Unlock The Content! If you liked this post, please consider donating The post appeared first on Container News .
Trump Tariffs: Impact & Analysis by Freightos Late November is typically a slow season for transpacific ocean freight. But through last week transpacific ocean rates remained level and elevated at more than US$5,000/FEU since mid-October, with prices to the East Coast climbing past the US$6,000/FEU so far this week. This rate strength probably reflects some frontloading ahead of both a possible renewed ILA strike at East Coast and Gulf ports
Höegh Autoliners clinches another contract extension Norway's Höegh Autoliners has secured a new shipping contract with a major unnamed international carmaker. The Oslo-listed outfit said the arrangement worth more than $100m is an extension of an existing deal, which has been updated to reflect the current market. The deal will see the operator of about 40 vessels transport cars in various ...
Shearwater secures more work off India Norway's Shearwater Geoservices has continued to win work offshore India with a new contract for a large-scale 2D seismic survey The Bergen-based seismic vessel major has secured about five months of utilisation for its 2010-built SW Thuridur on the continental shelf margin off the west coast of India. The contract starts in the fourth quarter ...
Trøim's VLCC investment vehicle goes public Tor Olav Trøim's new supertanker venture has listed its shares for trading on Euronext Growth Oslo. The company called Bruton is sponsored by Trøim's Magni Partners and currently has two 299,500 dwt VLCCs under construction at New Times Shipyard in China, via subsidiary Andes Tankers, scheduled for delivery in September 2026 and February 2027. Bruton ...
Flex LNG seals 15-year charter win for 2019-built gas carrier Flex LNG has won a new 15-year time charter agreement for the 2019-built, 173,400 cu m Flex Constellation for 15 years starting in early 2026. The contract comes with a two-year optional extension. The ship is currently on a 10-month charter with Japan's JERA Global Markets trader until the end of the first quarter 2025. ...
PV Drilling seals Pertamina jackup rig extension Petrovietnam Drilling and Well Service Corporation (PV Drilling) has secured a three-year contract extension from Indonesia's Pertamina for the PV Drilling II jackup rig. The deal signed with Pertamina Hulu Energi ONWJ will keep the 2009-built rig utilised into late 2028. The rig, which has been operating for Pertamina since December 2022, will continue to ...
Sapura Energy chairman and CEO to step down Malaysian offshore services player Sapura Energy has announced that its chairman, Datuk Mohammad Azlan Abdullah, and group chief executive officer Datuk Mohd Anuar Taib, will leave their positions in the fourth quarter of the current financial year. Sapura Energy said in a filing with Bursa Malaysia that Mohammad Azlan will step down from his chairmanship ...
Sea1 Offshore extends vessel contract with PXGEO Norwegian offshore vessel operator Sea1 Offshore has landed a charter contract extension with marine seismic player PXGEO for the offshore subsea construction vessel (OSCV) Sea1 Spearfish. The Oslo-listed company has fixed the 2014-built vessel, formerly Siem Spearfish for one year to support PXGEO's worldwide operations. The extension kicks in during the first quarter of 2025. ...
2000-built VLCC sold for further trading Brokers note that the Tricia II, a 24-year-old, 281,000 dwt, Mitsubishi-built tanker has been sold for $21m to undisclosed interests. The Comoros-flagged ship is not classed by a member of the International Association of Classification Societies. It was called Tiburtina in October last year, and Arabela before that. Eight VLCCs were registered with the Comoros flag ...
Hapag-Lloyd fixes methanol supplies out of China German liner Hapag-Lloyd has reached an agreement with Beijing-headquartered Goldwind for the delivery of 250,000 tonnes of green methanol per year. The green methanol will consist of a blend of bio- and e-methanol, ensuring greenhouse gas (GHG) emissions reduction of at least 70%, according to Hapag-Lloyd. "As part of our Strategy 2030, we are fully ...
Wind tech as a path to compliance In the second in a series from Kongsberg Maritime, Oskar Levander explains how a research project has devised a ship concept using conventional fuels, that can meet future compliance targets, with the addition of energy saving technologies including wind. There are many ways in which ship owners can tackle the prospect of tighter regulation. The ...
Barbados reconsiders position on sanctioned Russian ship registrations UK-Barbados diplomatic discussions result in moratorium on new Russia-affiliated ships joining the rapidly growing Barbados flag, while a decision not...
Russia sanctions won't disappear overnight Western shipowners and underwriters may have to kiss goodbye to a once-lucrative revenue stream for the medium to long term
Trump tariffs a sign of chaos to come for shippers Shippers risk wasting money by frontloading cargoes ahead of Trump tariffs that might not happen, Xeneta analyst Emily Stausboll warns
Marsh confirms soft hull renewals H&M underwriters reportedly struggling to hit premium-level targets
HD Hyundai Vietnam Shipbuilding eyes expansion to meet growing demand Company seeks to expand its facilities, increasing shipbuilding capacity, while addressing land and contract challenges in Khanh Hoa Province
Shipowners' Club announces 2025 renewal pricing Combined ratio down at halfway stage, Shipowners' Club confirms
US grain exports on the up, but big picture looks gloomier The short-term looks rosy for US grain exports, but the country continues to lose ground to Brazil in the race...
ETS charges to soar in January The ramp-up of the EU Emissions Trading System, a planned reduction in allowances circulating in the carbon market and longer...
MOL to put safety at centre of business with new unit The Japanese shipping giant aims to eliminate serious incidents, as outlined in its safety vision revealed in January
Rotterdam-Singapore green corridor completes bio-methane bunkering pilot The port of Singapore is planning a similar bio-methane bunkering pilot with full sustainability certification
CSSC chair Wen reportedly implicated in anti-graft investigation Wen Gang has allegedly been absent from the company for more than a month and missed the opening ceremony of...
Prokopiou seals $1.1bn LNG carrier deal with CMB Financial Leasing Greek owner's second LNG carrier deal with a Chinese lessor this year, following US-listed Dynagas Partner's transaction with CDB Financial...
The Daily View: Aligning for action Your latest edition of Lloyd's List's Daily View - the essential briefing on the stories shaping shipping
MSC completes purchase of 49.9% stake in Hamburg Port's HHLA MSC and the City of Hamburg, which retain 50.1% ownership, have committed to significant investments and expansion plans to boost...
Daily Briefing Houthis seek to diversify LPG shipments | EU sanctions set to target 'high risk' dark fleet and Ukraine grain theft...
Hapag-Lloyd joins Maersk in Chinese methanol supply deal Securing enough green methanol to operate the growing fleet of dual-fuel vessels is critical if carriers are to be able to meet interim emissions reduction targets.
Wavelength podcast: What does tanker bellwether Frontline say about prospects for the market? Also, delving into the link between Mark Zuckerberg's Meta and Danish owner Norden
First of Scotland's troubled LNG dual-fuelled ferries bunkers up Saga draws to a close as Glen Sannox finally delivers eight years after construction started
Herbjorn Hansson has an eye on suezmax buys as NAT rings up third-quarter profit Nordic American could add to its fleet following a quarter where 100% of profit was paid out to shareholders
Nick Savvas-led Cosmoship clinches asset play with 10-year-old kamsarmax European interests are paying at least $21m for bulker built in China
Gail (India) inks long-term charter with K Line on LNG newbuilding Indian buyer signs up its third deal on vessels in six months
Sirius Shipping orders new type of hybrid-electric tanker Swedish owner says fuel-efficient newbuildings are an important step towards future decarbonisation compliance
Suezmax earnings jump as routes trade big gains back and forth Mediterranean and West African tankers rise as owners grab hold of market
Hope for crude tankers as Chinese refiners snub pricey Iranian barrels Traders say private plants are fixing ships elsewhere in the Middle East and Africa
SwissMarine leads Greek raid on Japanese-built bulkers as asset values soften SwissMarine Inc is the latest Hellenic owner to pounce on high-quality kamsarmax tonnage
Replica of Peter the Great flagship caught in sanctions web and fighting for European port entry Training ship has multinational crew opposed to invasion of Ukraine but is running out of money, warns captain
'We're halfway there,' says Wilke Briese on upgrading his father's fleet with 60 newbuildings Germany's largest multipurpose owner opens up on driving a huge newbuilding programme
CNPC inks rare PSV newbuilding order to follow Greek heavyweights Chinese oil group becomes the latest to order offshore tonnage as operators make cautious return to shipyards
New Tankers International bunker boss says VLCC pool's buying power is trump card Stephen Robinson will be focusing on optimising existing fuel supply ahead of energy transition efforts
Arctic sees S&P picking up next year 'with a lot of money to be made in shipping' Broker has seen sale-and-purchase volumes falling after 'super active' 2023
Greek owner Naftomar expands product tanker bet with Zodiac deal Zein family's gas carrier outfit now has six product tankers
Explosion and fire force crew to abandon ship in vital shipping lane Swedish authorities launched rescue operation off the island of Bornholm
Hoegh Autoliners inks second major contract in a month Automakers reticent to go longer, analyst says, but are still willing to pay
Maersk: 'LNG is a fossil fuel. It's not going to be part of the solution' Liner giant says biomethane could provide a green path for LNG dual-fuel vessels
Flex LNG nets 15-year time charter from LNG trader JERA Vessel fixed until at least 2041
Hapag-Lloyd seals 'significant' green methanol fuel supply deal in China Goldwind will deliver 250,000 tonnes of low-carbon bunkers per year
Explosion hits Anglo International bulker off US coast, consultancy says Mini-capesize Anglo Marie Louise anchors off Norfolk following incident on Wednesday
Historic Hurtigruten lands €250m 'milestone' boost as existing investors take the wheel Investors include Arini Capital Management, AlbaCore Capital, Barings and Cyrus Capital Partners
Nanjing Tanker orders four newbuildings at Guangzhou Shipyard International Shiponwer is paying around $63m each for the methanol-ready vessels
SSY recruits S&P broker from a Singaporean broking shop New hire has 10 years' experience in the S&P market
Schulte Group in new Chinese crewing joint venture Objective is to develop new generation of skilled, future fuels-ready seafarers
Montreal port terminal has first direct call from China A trio of partners helped the Port of Montreal welcome its first direct vessel call from China.
The Suez Canal Authority has announced that it will introduce surcharges on transit tariffs through the Egyptian canal for most major cargo vessels, effective July 15.
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