Patriot Leader: First Gladding-Hearn built CTV Gladding-Hearn Shipbuilding, Duclos Corporation, Somerset, Mass., has delivered its first crew transfer vessel (CTV), the Patriot Leader, to Patriot Offshore Maritime Services. The vessel will operate year-round, transportation service for 24 offshore
VIDEO: ZEMBA moves to kick start deployment of e-fuels The Zero Emission Maritime Buyers Alliance (ZEMBA), a shippers' group whose members include major freight buyers such as Amazon, IKEA and Levi Strauss, is moving to accelerate the deployment of e-fuels in
VIDEO: M/V ACBL Mariner: Mightiest Mississippi River towboat yet Christened at a ceremony held in New Orleans yesterday, American Commercial Barge Line's latest vessel, M/V ACBL Mariner is the most powerful towboat ever built for Mississippi River operations. What that translates
BIMCO unveils Ship Recycling Alliance BIMCO has launched a Ship Recycling Alliance to help accelerate safe and environmentally sound recycling of vessels. The alliance is expected to help facilitate the global implementation of the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships (HKC), which will enter into force in June 2025. This comes at a time when more than 15,000 ships are estimated
Global South Trade Growth Faces New Challenges 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 .
Erma First takes over Ecochlor Erma First Group has successfully completed the acquisition of Ecochlor, aiming to strengthen its position as a trusted provider of ballast water treatment and advanced decarbonisation solutions. Broadening the range of ultra-efficient ballast water treatment systems (BWTS), future-proof decarbonisation solutions and related services under the Erma First umbrella, the acquisition consolidates the
Overview of Major European Ports' Rail Connectivity 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 .
Unions angered by Ottawa's interference in port dispute Union officials have vowed to fight the Canadian government's order to end the port disputes at its major facilities in Montreal, Vancouver and Prince Rupert. The International Longshore and Warehouse Union Local 514, which represents supervisory longshore workers in British Columbia, said it will file a legal challenge to the minister's orders, which impose binding arbitration on both sides of t
Innovative training centre opens for digitalised port operations in Hamburg The PortSkill 4.0 research project saw the presentation of the cutting-edge, digital training centre at HHLA Container Terminal Altenwerder (CTA) in Germany. The center is being set up to grapple with the demands of digitalised port operations and is expected to offer cutting-edge learning technologies and customised training solutions. In the past two years, analyses of the operational, administ
Strategic Battle Between Posorja and Valparaíso for South America Trade Dominance The ports of Valparaíso in Chile and Posorja in Ecuador are both pivotal to South America's strategic maritime network, each leveraging unique advantages to enhance their competitive stance. 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 .
MSC stretches ship-buying spree 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 .
Maersk revises peak season surcharge from Far East to Oceania Danish ocean carrier Maersk has decided to revise the Peak Season Surcharge (PSS) from China, Japan, South Korea, Hong Kong and Mongolia to Australia, Papua New Guinea and Solomon Islands. Effective from December, the new PSS levels will be as follows: Origin Destination effective Currency 20dry / 40dry, 40hdry, 45hdry 20 REEF NOR / 40 REEF NOR China, Japan, South Korea, Hong Kong, Mongolia Austr
Evergreen seeks additional 24,000 TEU workhorses Taiwan's Evergreen Marine Corporation (EMC) is apparently not done with building Megamax container ships. The world's seventh largest liner operator has a dozen 24,000 TEU ships in its active fleet, with four similar ships on order at Hudong-Zhonghua Shipbuilding for delivery in 2025. This content is locked Select a CN Premium Subscription Package To Unlock The Content! Martina Li Asia Correspond
COSCO SHIPPING receives approval for new ammonia-fuelled vessels On 30 October, the design scheme for a 50,000 cubic meter ammonia dual-fuel carrier, jointly developed by COSCO SHIPPING Energy and COSCO SHIPPING Heavy Industry, received independent Approval in Principle (AIP) from three leading classification societies: ABS, CCS, and DNV. This milestone signifies that COSCO SHIPPING Energy has successfully achieved "full coverage" in ship type application and
Duvenbeck Group appoints new COO Germany-based logistics company Duvenbeck Group announced that Christian Seidl is the new Chief Operating Officer (COO) for the north/west region. Seidl is responsible for the operating business in the Road and Contract Logistics divisions in this new position. Duvenbeck's new COO has a 35-year experience in the logistics sector. Among other things, Seidl has held management positions at Ceva, Da
SeaLead unveils ANIDEA service linking Far East, West India and East Africa SeaLead announced the launch of its revamped service, ANIDEA (Asia and India, East Africa), which builds upon the existing IDEA service, representing the company's willingness to enhance trade connectivity and provide seamless logistics solutions. ANIDEA will commence operations with the maiden voyage of the vessel Zhong Gu Zhu Hai on 24 November, departing from Shanghai. The ANIDEA service boast
HMM profits soar in third quarter HMM reported revenue of KRW 3,552 billion (US$2.5 billion), with a net profit of KRW 1,739 billion (US$1.25 billion) and an operating profit of KRW 1,461 billion (US$1 billion) for the third quarter of the year. Additionally, for the cumulative period of the first nine months of 2024, revenue reached KRW 8,545 billion (US$6.1 billion), net profit was KRW 2,884 billion (US$2 billion) and operating
Splash launches bumper Hong Kong magazine Ahead of Hong Kong Maritime Week, Splash today publishes an 80-page magazine on the Special Administrative Region. Recent weeks have seen plenty of much needed focus on reestablishing Hong Kong as a leading international maritime centre (IMC). The climb back up the ranks will not be easy, but finally there does appear greater maritime emphasis ...
McDermott awarded decommissioning contract offshore Australia Houston-based offshore contractor McDermott has secured decommissioning work for Santos offshore Western Australia. The contract worth between $50m and $250m covers engineering, procurement, removal and disposal of the Harriet Alpha platform and associated infrastructure. The Harriet Alpha platform is one of the largest facilities slated for decommissioning and will follow McDermott's recent comp
Kpler expands with Spire Maritime acquisition Maritime data provider Kpler has acquired satellite-powered, global vessel tracking data firm Spire Maritime. By integrating Spire Maritime's technology and AIS feed, Kpler wants to expand its data reach, offering comprehensive visibility across open oceans. Kpler said that the transaction was expected to close by the first quarter of 2025, subject to satisfying customary closing ...
Glomar secures multi-year vessel contract from TenneT Dutch offshore support vessel player Glomar has revealed a multi-year vessel framework contract with Dutch-German transmission system operator TenneT. The deal covers the provision of fully equipped emergency response and rescue vessels (ERRVs) and safety standby vessels (SSVs) in the German sector of the North Sea. "This collaboration marks a pivotal step in enhancing safety ...
OEG Renewables seals five-year bareboat deal for CTV newbuild OEG Renewables, part of Aberdeen-based offshore contractor OEG Energy, has moved to further bolster its offshore wind support fleet with a crew transfer vessel newbuild from Diverse Marine. The company has struck a deal with the shipbuilder on the Isle of Wight to bareboat charter a Chartwell Ambitious Class CTV for five years. The vessel, ...
US container trade deficit increasing despite import tariffs For all the bluster that container shipping is the most exposed shipping sector from the return of Donald Trump to the White House, a slew of data does not support the narrative that tariffs curtail box volumes. The US container trade imbalance has worsened in the last six years since the first round of trade ...
Shipping majors make green hydrogen call at COP29 Anglo-Eastern, Fortescue, GasLog, Mitsui OSK Lines, Ocean Network Express, Trafigura, and X-Press Feeders are among more than 50 high profile names in shipping who have signed a green hydrogen call to action at the United Nations' ongoing climate talks at COP29 in Baku this week. Many ports have also signed up to the call to ...
Ottawa moves to end port strikes Canada's labour minister, Steven Mackinnon, said yesterday he will intervene to end lockouts of workers at the country's two biggest ports. However, aggrieved dockworkers have vowed to take the matter to court. Mackinnon directed the Canada Industrial Relations Board to order the resumption of all operations at the ports of Vancouver and Montreal and move ...
Evergreen in talks for container shipping's first megamax orders of the year Alphaliner is reporting Taiwan's Evergreen Marine has issued a request for proposals for eleven 24,000 teu methanol dual-fuel vessels. Evergreen has reportedly asked six builders to make offers. The yards in question are Samsung, Hyundai and Hanwha from South Korea, as well as China's Jiangnan Shipyard and Hudong-Zhonghua Shipyard and Imabari from Japan. The ships ...
COSCO in for six VLCC newbuilds at Dalian COSCO Shipping Energy Transportation (CSET) is swelling its VLCC fleet with six newbuilds at Dalian Shipbuilding Industry Co (DSIC). The listed oil and gas shipping arm of COSCO Shipping Group will invest RMB5.748bn ($795m) in 307,000 dwt units via its subsidiary Hainan Energy. COSCO's energy shipping arm sports a fleet of over 150 crude and ...
INEOS heads to The Netherlands for new-look CO2 carrier Chemical giant INEOS has signed a multi-year contract with Dutch owner Royal Wagenborg for the construction and deployment of a CO2 carrier for the Greensand CCS project. The vessel is based on Wagenborg's EasyMax design and will be built by the Royal Niestern Sander shipyard. The vessel is an open-top multi-purpose ice-classed vessel with a ...
Palm oil tanker freight assessment launched LSEG, formerly known as Refinitiv, has launched a palm oil tanker freight assessment, developed by the group's agriculture and shipping research teams in collaboration with a panel of shipbrokers. The MR route covers two ports heading to Rotterdam with the rates announced every Friday. The palm oil tanker freight assessment is the first in a ...
DeepOcean and Exceed team up to provide vessel-based P&A services Norwegian offshore contractor DeepOcean has entered into a collaboration agreement with Aberdeen-based well management specialist Exceed to provide vessel-based well plug and abandonment services to the global decommissioning market. DeepOcean will combine its subsea engineering competence and extensive fleet of WROVs and supporting subsea vessels with Exceed's well decommissioning expertise to o
FMC ruling on proposed $63m MSC penalty pushed back until Trump term In April, the Federal Maritime Commission alleged that ocean carrier MSC violated the US Shipping Act thousands of times during...
Dark fleet crackdown looms as EU states consider stopping suspect ships European Parliamentary resolution calls for shadow fleet ships to be restricted from EU waters including the English Channel, inspected for...
Vardis Vardinoyannis dies age 90 Tanker fleet of Avin International includes world-first ammonia-ready suezmax delivered two years ago
Another Fortescue H2 project in doubt as Forrest appeals to COP29 Fortescue and Norway's Hoegh Autoliners called for regulators to help the progress of ammonia at an event in Baku. But...
East coast strike threat raised as union breaks off talks over automation As expected, automation remains a key sticking point in the contract talks between the ILA and USMX. The union says...
Leading bulker owner urges regulators to restore primacy of safety Green fuels for newbuildings, drop-in fuels for existing fleet, carbon capture and storage, and CEM-Hubs are the way to go...
Trump presidency positive for VLCCs on multiple fronts, says DHT This earnings season has been less about shipping earnings and more about how executives believe the Trump presidency will impact...
Wagenborg pens CO2 carrier newbuilding contract to service Ineos carbon capture project New Ineos-chartered CO2 carrier will be utilised for Project Greensand, which aims to advance carbon capture and storage in the...
IMO tells shipping that 'nuclear is on the agenda', conference told The civil nuclear maritime regulatory environment is being updated and despite technical and perception issues, there is a role for...
Tankers brace for turbulence under Trump's energy and sanctions agenda Boosting US domestic oil production will take time, curbing Iranian exports is not easy and Russian oil flows are a...
Hot containership sale and purchase market continues as prices rise Sellers are said to have upped their price ideas as a strong market for secondhand containerships since the second quarter...
Yards and class societies to establish ammonia bunkering guidelines The class society has signed an MOU with shipyards, KSS Line and the Liberian Registry to establish 'robust safety standards'...
Taiwan's Yang Ming and Wan Hai experience robust growth in Q3 on high demand The two Taiwanese lines remain cautious about future challenges amid geopolitical tensions and tariff barriers
Shipping happy to accept increased cyber security risk, for now But cyber security experts have questioned shipping's readiness to deal with ever more threats, and warned that bad actors will...
HMM rides freight market highs to post banner quarter HMM anticipates a weaker market outlook for the current quarter owing to the off-peak season
The Daily View: Entirely achievable goals Your latest edition of Lloyd's List's Daily View - the essential briefing on the stories shaping shipping
CSET to order six VLCCs at Dalian Shipbuilding Industry The newbuilding order plan further substantiates market speculations about Cosco's massive fleet expansion initiative
Daily Briefing Shipping looks to accelerate green fuels as efficiency drive stalls | Big test for Panama Canal: Can it woo bulkers...
BC ports to reopen, but longshore union plans challenge to back-to-work order Dockworkers in British Columbia, as well as Montreal, say Labor Minister Steve MacKinnon's order to accept binding arbitration goes against their rights under Canada's constitution.
Panama Canal chief offers land bridge option to transship containers across isthmus Developing an over-the-road network to handle containers carried on ships too large to traverse the waterway could increase the canal's annual throughput by over 60%, officials say, though funding concerns exist.
Evergreen, HMM follow peers in reporting bumper Q3 profits The strong quarterly results mirror those of other carriers including CMA CGM, Yang Ming Marine and Wan Hai Lines, which have also recently reported stellar third-quarter financials.
ILA breaks off contract talks, accuses USMX of semi-automation push The union representing about 45,000 dockworkers at East and Gulf coast ports says employers want to eliminate jobs by implementing semi-automated technology at marine terminals.
DAT, Keelvar integrate on truckload rate benchmarking for shippers Customers of automated freight procurement tool Keelvar will get access to more than $1 trillion in truckload pricing data as part of a new arrangement with DAT Freight & Analytics.
US truckload spot rates to benefit from 'tailwinds' as 2025 progresses After two years of shipping pricing power, analysts expect spot and contract truckload rates to rise over the course of next year, with the biggest hikes coming in the second half.
MOL plots giant gas carrier push as Japan pursues green ambitions Kawasaki Heavy Industries, HD Hyundai and Hanwha Ocean will be contracted to build the 88,000-cbm ships
Safe Bulkers delivers earnings growth in 'good quarter' as some ships shift into spot market Bulker has fewer ships on time charter compared to prior quarter but warns of geopolitical uncertainties
Thoresen Thai's shipping stays profitable on higher supramax rates TCE rates for supramaxes were at $13,700per day on average
WFW lawyer believes market is set for commodities bull run in Trump era 'A tariff war against China is not in anyone's interest,' says firm's mining and commodities head
Aurora Offshore takes on nine ships and shareholder in deal with Siem Group Kristian Siem takes a stake in Borealis Maritime's offshore company, which increases its fleet to 28 ships
DHT Holdings sees older VLCCs as potential sales candidates New York-listed tanker owner could use proceeds for newbuilding orderbook
Hong Kong Convention architect Nikos Mikelis elected chairman of new Bimco Ship Recycling Alliance Alliance aims to co-ordinate voices of the ship recycling and shipping industries to accelerate HKC implementation
Russian hacktivists target shipyards and ports in 'constant' attacks Conference hears maritime industry vulnerable to attacks owing to outdated systems
Peter Livanos venture Ecolog teams with Tata Steel on green hydrogen and CO2 shipping corridor Project would see Peter Livanos company take on marine transport and Dutch terminal construction
'Taiwan Inc' liner operator trio log $6bn in container shipping profits Evergreen, Yang Ming and Wan Hai are raking in the dollars despite falling spot rates
Hong Kong Convention architect Nikos Mikelis elected chair of new Bimco Ship Recycling Alliance Alliance aims to co-ordinate voices of the ship recycling and shipping industries to accelerate HKC implementation
ADS Maritime ends investment in Formosa VLCC with 'solid' cash flow Norwegian investor's share purchase deal expired in August
Coal shipments to advanced economies could hit 15-year low Volume loss in 2024 equates to 0.5% decrease in global dry bulk cargo
Should tanker owners be spooked by Opec demand revisions? DNB analyst sees room for production boost despite bloc's ongoing demand forecast cuts
Kpler adds satellites to trade-tracking offerings after Spire Maritime takeover Deal to acquire Spire Global's ocean division adds 'high quality data'
Tor Svelland slams extreme negativity in shipping as 'crazy' short positions build up Hedge fund manager says weaker tanker and LNG markets can rebound quickly
Chinese buyers extend capesize bulker buying spree as asset prices soften Reported price is a little less than previous deals and latest estimates are following suit
Confusion over loading terms lands broker with $100,000 claim in complex dispute Insurer ITIC highlights perils of being imprecise in contracts
Tanker adrift for 20 months with leaking flammable cargo after US sanctions hit Iran 'shadow banking' network Owner and charterer involved in London legal dispute over proceeds of naphtha sale
Sir Jim Ratcliffe's Ineos and Wagenborg move into CO2 shipping with a royal seal of approval Dutch owner and UK energy group will run a gas carrier for Project Greensand
Sinogas expands gas fleet with order for four LPG carriers in China Singapore owner and manager focusing on building up its mid-size fleet through deal at Huangpu Wenchong
How much was the 'biggest ever' Posidonia worth to the Greek economy? Almost as much as one Taylor Swift concert, that's how much
Ernst Russ sees profits and revenues slide on lower charter earnings Tonnage provider hails 'successful performance' and maintains full-year earnings guidance
Shipping failing as emissions return to 2008 peak, UK study finds UCL and UMAS researchers blame inadequate energy efficiency improvements
Entrepreneur seeks to create 'ultimate social media platform' for shipping Josephine Le aims to bring together seafarers and bosses on new social media platform The Hood
HMM profit soars to $1.2bn in third quarter on 'strong market dynamics' South Korean liner giant benefits as container freight rates more than triple
Petros Panagiotidis' Toro Corp sitting on $192m cash pile for future deals Gas carrier and tanker owner poised to pounce after selling ships
'Massive cash pile' supports 'highly appealing' dividend yield at John Fredriksen's Flex LNG Fearnley Securities upgrades stock to buy from hold
2020 Bulkers books third-quarter profit as weaker capesize market hits dividend Profit more than doubled year on year for the quarter
Upscaled ethane carriers set to galvanise growing trades Middle Eastern players enter fast-growing niche vessel sector
Shadow fleet tankers believed to be transferring Russian oil off Spain despite government crackdown Tracking data shows two Hong Kong-controlled suezmaxes involved in potential offloading of crude off Ceuta enclave
Cosco Shipping Energy splashes $795m to order VLCC series Shipping giant is ordering six conventionally fuelled crude carriers at Dalian Shipbuilding
NYK pushes third steam turbine LNG carrier out for sale as emissions regulations loom But Chinese buyers have snapped up one of the shipowner's 16-year-old steamers
Spray and pray: The cyber criminal tactic hurting shipping New report reveals vulnerabilities in the defences of shipping companies that have fallen prey to indiscriminate criminal attacks
DHT expects 'constructive' Trump effect after reporting third-quarter profit growth VLCC specialist also points to hope for China demand
Bahri Week offers a welcome respite for big tanker owners waiting out the winter of discontent Tankers may have lost their traditional pre-Christmas fizz but Middle East dealmaking paints a very different picture
ILA breaks off East Coast port contract talks The International Longshoremen's Association broke off negotiations on a new contract with the United States Maritime Alliance, charging employers want to eliminate union jobs.
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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