ECO Liberty, first U.S.-built plug-in hybrid SOV named in NOLA In a ceremony held in New Orleans this past Saturday, Louisiana First Lady Sharon Landry officially christened the Edison Chouest-built hybrid SOV ECO Liberty. The ceremony marked the culmination of a major
Sean Kline named new CSA president and CEO The Chamber of Shipping of America (CSA) has promoted Sean Kline to CEO and president, succeeding Kathy Metcalf, who steps into the role of president emeritus. Kline served seven years on the
MacGregor to supply automatic twistlocks for Hapag-Lloyd's vessels MacGregor has secured a significant order from Hapag-Lloyd for its fully automatic twistlocks, known as "Hippos," which are engineered to boost container handling efficiency and enhance safety across vessel operations. The order will support Hapag-Lloyd's A19-series fleet, comprising six ultra-large container vessels with a capacity of 19,900 TEU each. The ships included in this deployment are Al
SINGAUTO to invest in logistics hub at KEZAD Khalifa Economic Zones Abu Dhabi (KEZAD) Group has signed a 50-year land lease agreement with Singapore-based tech innovator SINGAUTO, marking the launch of a major investment project in KEZAD Area A. The agreement paves the way for the development of a 100,000-square-metre smart logistics facility, supported by almost AED 100 million (ñUS$ 28 million) in committed investment. The new facility wi
China's Arctic ambitions are overhyped Harvard says: Potential Scenarios A recent analysis by Harvard's Belfer Center reveals that China's Arctic presence is far less formidable than commonly portrayed, with inflated investment figures and stalled projects undermining its strategic goals. China's growing interest in the Arctic has sparked concern among Western policymakers, who view its investments as a potential geopolitical threat. With ambitions to become a major p
Valenciaport joins Upcycling the Oceans, against marine debris The Board of Directors of the Port Authority of Valencia has voted to enroll the ports of Valencia, Sagunto and Gandia in "Upcycling the Oceans," an international initiative led by the Ecoalf Foundation and Ecoembes that recovers rubbish from the sea and feeds it back into the recycling chain with help from the fishing community. Although the agreement involves no direct financial outlay for Vale
Incheon looks to Indonesia to fill loss of US cargo South Korea's Incheon port is courting container volumes from Indonesia to counter a drop in exports to the US amid the tariff war. In addition to South Korean feeder operator CK Line starting a new service to the Javanese capital Semarang, Incheon Port Authority (IPA) spent last week visiting Indonesian feeder operator PT Meratus Line and wood exporter Korindo to market the port, which is the ma
Maersk announces adjustments to three services Maersk has announced a series of service enhancements to its Tango, Paraná River Express, and Conosur routes, set to take effect in July 2025. These changes are designed to improve operational efficiency and better align port calls with customer and terminal needs across key locations in South America. As part of the first adjustment, Maersk will relocate the export operations of its Tango servic
Louis E. Sola departs FMC chairmanship after transformative tenure Louis E. Sola concluded his service today as Chairman of the US Federal Maritime Commission (FMC), through an official statement. Appointed to the Commission in 2018 by President Donald J. Trump and unanimously confirmed by the Senate, Sola served with a mission to strengthen America's maritime infrastructure, shield the supply chain from foreign influence, and ensure greater transparency and acc
How EU-US trade tensions are re-shaping container shipping As EU and US negotiators scramble to prevent a full-scale trade war ahead of a critical July deadline, the global shipping industry watches with cautious urgency, as Bloomberg reported. With Washington threatening a blanket 50 % tariff on almost all EU products from 9 July and Brussels readying €21 billion in counter-measures, negotiators now frame success as an agreement in principle that merely
Kalmar and AGL team up to overhaul cranes in Abidjan Kalmar has partnered with Africa Global Logistics (AGL) to refurbish two ship-to-shore cranes at AGL's container terminal in Côte d'Ivoire's Port of Abidjan. Booked in Kalmar's Q4 2024 order intake, the job, part of Kalmar's Modernisation Services portfolio, was completed in Q1 2025. A subsidiary of MSC, AGL employs more than 20,000 staff across 50 countries and operates 17 container terminals, s
WEC Lines introduces second weekly call to enhance NWC-PT Service WEC Lines has added a second weekly call at Combined Cargo Terminals in Moerdijk, further strengthening and optimizing its NWC-PT service between Northern Europe and Portugal. The updated rotation for the NWC-PT service is as follows: Southbound will include Rotterdam - Moerdijk - Hamburg - Antwerp - Leixões, while the Northbound will be Leixões - Setúbal - Montoir - Rotterdam. The first northbou
Access World Carrasco opens new logistics hub at the port of Algeciras Access World Carrasco has officially opened its new warehouse complex in Algeciras, underscoring the partners' shared growth ambitions at one of the EU's most strategic ports. Purpose-built to streamline logistics and expand storage capacity, the site includes three covered warehouses plus an open yard. Two of the buildings feature seven-tier racking, while the third provides general-cargo space
Server-Side vs Client-Side: Powering Geolocation Plugins with IP or Browser Data In a world that is becoming more connected, identifying and exploiting the location of a user can change the digital experience of users across platforms and devices. However, there are several ways to do this, including client-side browser APIs and server-side IP lookups; so how can development teams access location in an accurate way, yet with privacy and performance in mind? This paper discuss
Lloyd's Register and DAI Infrastruktur forge partnership Lloyd's Register has signed a memorandum of understanding with German developer DAI Infrastruktur GmbH to collaborate on Project Ra green-ammonia production and bunkering complex planned for East Port Said. Source: Lloyd's Register As shipping lines look to secure alternative fuels ahead of the International Maritime Organization's new greenhouse-gas rules adopted at MEPC 83 rules that mandate lo
ANL restores Asia rates ANL will introduce a rate restoration for all shipments originating from Asia, the Indian Sub-Continent, and the Middle East destined for Australia and New Zealand. The rate restoration will be implementing at US$ 500 per 20' dry/reefer container and US$ 1,000 per 40' dry/reefer container. This adjustment will be applied on top of existing Spot and FAK rates and will be subject to all surcharges
Port of Antwerp-Bruges strengthens transnational cooperation on energy transition Port of Antwerp-Bruges recently hosted ministers from the Flemish government and North Rhine-Westphalia at Antwerp's Port House for a joint cabinet meeting that ran alongside the "Energy Talks". This constitutes a policy industry forum on cross-border energy links and the rollout of the European Clean Industrial Deal in the region. Through its long-standing alliance with duisport the port is alre
We asked AI: What will a container look like in 2080? In 2080, containers will be more than just boxes, they will be active participants in the global transport system. They will be intelligent, modular units made from ultra light, durable nanomaterials. Each of these containers will feature built-in AI for route optimization, climate control for sensitive cargo and self diagnostics. Additionally, they will have intergrated GPS, environmental sensor
Norway's Amon Maritime unveils ammonia-powered bulk carrier venture Norway's Amon Maritime has set up a new company to order ammonia-fuelled bulk carriers backed by a state grant. Named Amon Bulk, the new venture will develop two vessel types - a capesize and a kamsarmax - using a NOK253m ($25m) award from energy transition agency Enova. "The capesize and kamsarmax segments are ideal for ...
Shelf Drilling wins Saudi Aramco rig extension deal Oslo-listed jackup rig player Shelf Drilling has landed a five-year contract extension with Saudi Aramco for its High Island V unit. The total added contract value is about $133m, the UAE-based company said in a filing. The extension will take effect immediately following the current fixture, securing operations through July 2030. "The contract extension reflects ...
LS Marine Solutions picks Turkish shipyard for cable layer construction South Korean subsea cable contractor LS Marine Solutions has signed a construction agreement with Turkey's Tersan Shipyard to build a high-voltage direct current cable-laying vessel. According to the company, the new vessel will be Asia's largest and one of the top five in its class globally, with a cable loading capacity of 13,000 tonnes. The ...
Denmark extends life of two more offshore wind farms The Danish Energy Agency (DEA) has extended the life of two offshore wind farms, which together have been in operation for almost 50 years. The Agency has notified the owners of the Middelgrunden and Nysted offshore wind farms that it will be extending their permits for electricity production. This means that the two offshore wind ...
Seven Islands Shipping ramps up investment in clean tanker fleet Mumbai-based coastal and domestic tanker operator Seven Islands Shipping is accelerating its pivot toward clean tonnage with the quiet acquisition of a third clean tanker. The company has emerged as the buyer of the 2008-built Prosper, formerly known as Songa Kari, from Norway's Songa Chemicals. This latest addition brings the total number of clean tankers ...
Evalend adds to South Korean suezmax orderbook Greek owner Evalend Shipping has bolstered its suezmax newbuilding orderbook in South Korea, with two additional units lined up for construction at HD Hyundai Samho. Shipbuilding sources have named the Kriton Lendoudis-led company behind the recently announced order for a pair of 157,000 dwt newbuilds with delivery expected in April and June 2027. The scrubber-fitted ...
ILO seeks to help out Pakistan's archaic shipbreaking practices The International Labour Organization (ILO) has initiated a comprehensive diagnostic study of Pakistan's ship recycling value chain, aiming to enhance occupational safety, and facilitate a green transition within the sector. This effort is part of the Safe and Environmentally Sound Ship Recycling and Decent Work (SENSREC-DW) project, a collaboration between the ILO and the International ...
Indian shipbuilder buys majority stake in Sri Lanka's largest yard India's state-run Mazagon Dock Shipbuilders Limited (MDL) has announced its first international acquisition by securing a controlling 51% stake in Sri Lanka's Colombo Dockyard for $52.96m. The Sri Lankan yard had previously been controlled by Japan's Onomichi Dockyard which had been looking for investors to take over its stake. Colombo Dockyard, established in 1974 and ...
Japanese unveil dual-purpose carrier for CO2 and methanol Mitsui OSK Lines (MOL) and Mitsubishi Shipbuilding have received the world's first approval in principle (AiP) from ClassNK for a dual-purpose liquefied CO2 (LCO2) / methanol carrier with its backers claiming the vessel design marks a significant leap toward a more efficient and circular carbon economy at sea. It is engineered to transport liquefied carbon ...
Landmark carbon capture pilot completed in China Singapore's Global Centre for Maritime Decarbonisation (GCMD) has successfully completed the world's first pilot demonstrating the full value chain for carbon dioxide (CO2) captured onboard ships. The pilot was executed in two main phases. Phase one involved the ship-to-ship (STS) transfer of 25.44 metric tons of liquefied CO2 (LCO2) from the container vessel Ever Top ...
Fear and speculation mount after another tanker is hit by unexplained blast TMS Tankers suezmax Vilamoura has become the latest in a series of, as yet, unexplained tanker explosions. Government agencies and...
Poor states unlikely to get much of the IMO's green fund Opportunity Green has called for as much of the IMO's Net Zero Fund as possible to be used in helping...
China finance for Greek shipping seen as buoyant, despite US challenge Key interlocutor George Xiradakis says a number of Chinese entities on the cusp of opening Greek offices
India-Sri Lanka shipyard tie-up carries geopolitical weight India's Mazagon Dock Shipbuilders is planning to acquire a majority stake in Sri Lanka's Colombo Dockyard, in a strategic move...
The half-year outlook 2025: Containers Lloyd's List reviews the first half of the year for the container sector and identifies the key things you should...
Shanghai's LNG bunkering surges in the first five months of 2025 SIPG ordered world's largest LNG bunkering vessel to support its low-carbon port strategy and dual-fuel servicing network
The week in charts: Nakhodka Bay new STS hub for sanctions-skirting tankers | Surge in 'dark' calls to China's Dongying | Red Sea rerouting cues Saudi trade recalibration Sanctioned tankers conduct ship-to-ship transfers so 'clean' vessels can deliver from Russia's Far East ports; Surge in stealthy tanker visits...
Rerouting leads to increase in containers lost overboard Voyages around the Cape of Good Hope face rougher weather conditions than those transiting the Red Sea. A third of...
The week in newbuildings: Greek shipowners dominate ordering activity Newbuilding contracts for two bulkers, six gas carriers, seven tankers and 10 boxships recorded in past week at Chinese and...
The Daily View: Fair winds?
Daily Briefing Nakhodka Bay becomes new STS hub for sanctions-skirting tankers | Surge in 'dark' calls to China's Dongying port signals growth...
Congress seeks reauthorization of FMC through 2029 The procedural reauthorization bill would provide funding for the agency for the next three fiscal years and add more outside expertise on ports and ocean carriers.
Hede Shipping to launch third expedited service from China to Los Angeles Although spot rates from Asia to the US are dropping due to waning demand and overcapacity, the carrier is zeroing in on the e-commerce sector with its expedited transit times and the quick delivery of containers upon discharge from vessels.
Shipper groups urge CBP to clarify tariff transshipment confusion The groups want the US customs agency to rule that tariffs should be assessed according to a good's origin port, not a secondary port through which it might have been transshipped.
Cold chain industry calls for greater support from European lawmakers The Global Cold Chain Alliance urged European leaders to recognize the importance of investment in logistics for the resilience of Europe's food supply chain.
Investors lap up Angeliki Frangou's debut Oslo bond in hot Nordic market Navios South American Logistics raises $400m at coupon below the initial target price
Pangaea Logistics sells oldest bulker acquired in Strategic Shipping deal Vessel finds new owner ahead of scheduled dry docking
TS Lines books 10-vessel newbuilding deal in $625m play Midsize boxships series to be built at Huangpu Wenchong for delivery in 2028
Jinhui Shipping seals double sale-and-leaseback deal with Chinese lessors Hong Kong shipowner has tweaked financing arrangements for modern kamsarmax and ageing ultramax
George Economou ties up VLCC brace with new Sinokor venture at firm rates South Korean owner builds exposure to biggest tankers in elevated market
Landmark ban on scrubber discharges agreed by 15 European nations in coastal waters Environmental groups welcome decision by north-east Atlantic organisation Ospar
'Mr Diesel' prepares to set sail on next big adventure Bureau Veritas' Rolf Stiefel talks future fuels, retrofits and, most importantly, sailing with TradeWinds
'High pressure' for shipping bonds in Oslo market after summer, says Arctic Several companies mandate banks for issues
Caravel Maritime sells two kamsarmax bulkers as it buys extra shares in Pacific Basin Hong Kong group says it does not plan to take over owner-operator
Tanker recycling could be driven by Indian scrap metal demand, Poten says Dark fleet is expected to be recycled, but everything depends on rates
Traders and oil majors row back on term charters in unsettled tanker market Brokers list vessels booked at higher rates to Trafigura and Mercuria as earnings for VLCCs crash
Ship detentions rise as worst-performing vessels skirt Europe European port state control body warns that false-flag ships and shadow fleet pose added safety and pollution risks
Greek tanker newcomer takes newbuilding plunge with order in South Korea Vyron Vasileiadis doubles his fledgling fleet by booking up to four MR tankers
Carnival sells $1.2bn new bonds in private offering Cruise giant will repay two loan facilities
Seacon Shipping orders electric container ship for transport and training Hong Kong-listed owner heads to China for new vessel, with option included
Pakistani recyclers buying ships despite not being HKC compliant Yards in an advanced stage of obtaining certification are still being allowed to bring in ships
Clarksons: Newbuilding slump could chop 10% off prices and hit secondhand values Analysts draw on shipyard data showing stark drop-off in contracting this year
Scorpio profit forecast chopped despite product tanker market remaining 'enticing', analysts say Fearnley Securities notes stronger start to third quarter for clean carriers
Lloyd's Register signs up to DAI Infrastruktur's green ammonia development in Egypt Project Ra targeted at supply for bunkering from 2029
Explosion hits and cripples Economou suezmax tanker TMS Tankers-operated Vilamoura suffered large breach after explosion while hauling crude cargo
Idan Ofer sells tanker as Eastern Pacific Shipping sets table for vast newbuilding inflow One of the world's largest private shipowners is selling older assets as latest stage in pivot to fuel-efficient tonnage
Angeliki Frangou opens books on $400m Oslo bond for logistics unit Second private Greek player set to sell securities on Nordic bond market
'Welcome back to a charterers' market': VLCC rates plunge $100,000 from peak Owners come back to earth with a bang after 'monumental' week in Middle East Gulf
Alliance Maritime snaps up third Oaktree chemical tanker Dutch owner follows up December deal with another Clarksons and M&M Bank-backed purchase
Singapore's ASL Marine sells out of affiliated Indonesian offshore player Company wants to focus on its core businesses and streamline structure
Waning Chinese demand for crude to have 'manifold' effect on tankers, says Gibsons Chemical tankers and gas carriers demand is likely to rise, as oil growth turns towards petrochemicals and gas liquids
MOL and Mitsubishi developing world's first LCO2 and methanol combination carrier Japanese owner and shipyard working with ClassNK on new design
Union Maritime breaks into suezmax tanker segment with vintage pair sold by NAT Two ageing tankers offloaded by NAT in quick succession earlier this year have reappeared in the fleet of the UK-based company
Singapore's ASL Marine sells out of affiliated Indonesian offshore player Company says it wants to focus on its core businesses and streamline structure
Canadian polar cruise company selling veteran expedition ship The 53-year old Expedition is to be replaced by a ship chartered from SunStone
Wavelength: Tanker rates digest aftermath of Iran attacks and why seafarers keep dying Plus, the father of the ship recycling convention highlights the problems it faces
Container rates from key US trade partner plummet 39% https://www.freightwaves.com/news/us-taking-closer-look-at-ocean-carriers-antitrust-immunity
US maritime chief 'not a big fan' of ocean carriers' 'approach' as agency reviews antitrust immunity The Federal Maritime Commission is reviewing a 2020 agreement to determine whether global ocean carriers have overstepped their antitrust immunity.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
