First of three Zamil Offshore FSIVs completes trials Zamil 80, the first of three new 60-meter Incat Crowther designed fast support intervention vessels (FSIVs) has completed sea trials at Singapore shipbuilder Lita Ocean. Designed for offshore marine services provider Zamil
Louis Dreyfus Armateurs: New ownership, new CEO and new name One of France's best known shipping companies has a new majority owner, a new CEO, and will soon get a new name. The Louis-Dreyfus family has sold an 80% stake in Louis
Interasia Launches Wholly Owned Office in Vietnam Effective July 1st, 2025, Interasia Lines has officially launched its wholly owned office in Vietnam under the name Interasia Lines Vietnam Company Limited (CÔNG TY TNHH INTERASIA LINES VIET NAM). This strategic move marks a major milestone in the company's regional expansion and reinforces its commitment to delivering enhanced service quality across Asia. For over 15 years, Interasia has served
Ellerman City Liners launches new inland rail connection Ellerman City Liners launched on June 25th a new inland rail connection between Lódz and Gdynia, enhancing the reach and efficiency of its iPEX Polish Shortsea service. The new route, developed in close partnership with Spedcont and Bahnoperator, marks a significant milestone in its intermodal expansion across Poland and Northern Europe. The newly operational rail link connects Spedcont's inland
6 Best Ways to Store Your Belongings During Home Renovations Although home renovations can be exciting, they often come with their fair share of chaos. In the middle of the tools, dust, and constant movement, keeping your belongings organized and safe should always be a top priority. A solid storage plan can make the process smoother and less stressful, whether you're updating one room or overhauling your entire home. Continue reading to discover the best
Asia's Europe-Bound Container Exports Grow Asia's container exports to Europe reached 1.64 million TEUs in April, marking an 8.4% two back-to-back months of year-on-year increase, according to data from the Japan Maritime Center (JMC) based on Container Trades Statistics (CTS). Exports grew from all regions, with those from China and Hong Kong growing 9.1% to a total of 1.29 million TEUs, from Southeast Asia 4.5% to 200,142 TEUs, and from
Container ship newbuilding orders hit new high The drive to have ships running on alternative fuels has pushed the container ship orderbook (newbuilding orders) to a new high of 9.4 million TEU, with orders chiefly made by liner operators, according to Clarksons. Clarksons research manager Sarah Holden wrote: "'Green' fleet renewal has remained a central underlying driver; 73% of containership tonnage ordered this year has been alternative fu
How Fincantieri's actions signal a securitization amid IMEC project? Italy is fast-tracking its transformation into a regional maritime security power, with Fincantieri reshaping its industrial strategy to focus more heavily on warships and underwater defense systems. The implications are likely to ripple far beyond Italy's borders, reshaping shipping dynamics across the Mediterranean, the Red Sea, and the Indian Ocean
CMA CGM implements PSS from Far East to West Africa France ocean carrier CMA CGM announced Peak Season Surcharge (PSS), from Far East to South Africa. PSS amount is US$250 per TEU and will be effective from 15 July. The surcharge will apply to both dry and reefer containers. If you liked this post, please consider donating The post appeared first on Container News .
Condon claims management acquires Marine Claims Associates Condon Claims Management has announced the acquisition of US-based Marine Claims Associates LLC, a move that significantly strengthens its American business portfolio and expands its presence across key US markets. The acquisition, effective immediately, brings Marine Claims Associates fully under the Condon Claims Management brand, marking a strategic milestone in the firm's U.S. growth trajecto
Gebrüder Weiss announces retirement of executive board member Gebrüder Weiss has announced the retirement of Peter Kloiber, a key member of its Management Board, marking the end of a 28-year tenure in the company's executive leadership and a total of 35 years of service to the logistics group. Kloiber, 64, will step down after overseeing a broad portfolio that included Parcel Services, Logistics, IT, Human Resources, Organizational Development, Marketing an
Interferry and MOWCA sign landmark MOU Interferry and Maritime Organisation for West and Central Africa (MOWCA) sign Memorandum of Understanding (MOU) to advance ferry safety in West and Central Africa. This MOU solidifies cooperation for effective, safe, and sustainable ferry transportation in Africa. Additionally, the agreement covers training seminars for maritime personnel, technical staff, and safety officials. Both organizations
Why India's Colombo Dockyard stake signals strategic shift in Indian Ocean power balance? In a move carrying significant geopolitical weight, India's state-owned Mazagon Dock Shipbuilders Ltd (MDL) has secured a 51% controlling stake in Sri Lanka's Colombo Dockyard for $52.96 million marking its first international acquisition
Global Container Shipping Stocks: Trends in June June was a turbulent month for container shipping stocks, reflecting the sector's sensitivity to freight rates, fuel prices, and global demand. As investors weighed macroeconomic data and trade volumes , stock performances across major shipping lines showed sharp contrasts, with a few standout winners and several notable declines. Container Shipping Stocks June 2025 Mixed Signals Across the Indus
ClassNK issues AiP for world's first LCO2/methanol vessel ClassNK has granted an approval in principle (AiP) for an LCO2/methanol carrier jointly developed by Mitsubishi Shipbuilding Co. and Mitsui O.S.K. Lines (MOL). The certification confirms the feasibility of the vessel, which is being developed for commercialization. This vessel marks the world's first issuance of an AiP for an LCO2/Methanol Carrier. ClassNK conducted a review of the carrier's desi
DHL eCommerce appoints new CEO for the Americas DHL eCommerce has announced a leadership transition in its Americas division, naming Scott Ashbaugh as the new CEO of DHL eCommerce Americas, effective July 1, 2025. Ashbaugh, who currently serves as Chief Commercial Officer, will succeed Lee Spratt, who is set to retire at the end of the year on December 31, 2025. Ashbaugh will be based at the division's headquarters in Weston, Florida, and will
ANL to implement rate restoration for South East Asia, Middle East Gulf and Indian Subcontinent to Australia ANL has announced a rate restoration program effective July 15, 2025, for all shipments from South East Asia, the Middle East Gulf, and the Indian Subcontinent to Australia. The rate increase will be US$300 per 20-foot dry or reefer container and US$600 per 40-foot dry or reefer container. This adjustment will be applied on top of existing Spot and FAK rates, and will be subject to all applicable
Hellmann Worldwide Logistics doubles Melbourne footprint Hellmann Worldwide Logistics has opened a cutting-edge contract-logistics centre in Truganina, doubling its warehousing capacity in the Melbourne metropolitan area. The 19,000-square-metre multi-user facility, equipped with 18,000 pallet positions and advanced warehouse-management systems, broadens Hellmann's portfolio of digital, full-service logistics for customers in sectors ranging from autom
ANL announces peak season surcharge for Asia, Indian Sub-Continent & Middle East to Australia ANL has announced the implementation of a peak season surcharge for all shipments from North and South East Asia, the Indian Sub-continent, and the Middle East to ports in Australia, effective August 1, 2025, and remaining in place until further notice. The surcharge will apply to all cargo types and is set at US$ 500 per 20-foot standard or refrigerated container and USD 1,000 per 40-foot standa
Port of Los Angeles to host 2028 Olympic events The Olympic and Paralympic Games 2028 (LA28) announced that Port of Los Angeles will be one of two venues to host 2028 Olympic sailing events. LA28 cited the favorable racing conditions and optimal spectator viewing opportunities offered by the Port's location. Belmont Shore in the City of Long Beach was also confirmed to host several sailing events during the 2028 Games. The Port of Los Angeles
"K" LINE begins use of bio-LNG fuel Kawasaki Kisen Kaisha has marked a significant milestone in its decarbonization strategy with the first use of bio-LNG fuel on board its car carrier OCEANUS HIGHWAY. The operation took place on June 16, 2025, when the vessel was bunkered with 500 tons of bio-LNG supplied by Shell Western LNG B.V. at the Port of Zeebrugge, Belgium. The fuel, known as liquefied bio-methane, is produced from renewab
Ocean Network Express to launch new office in Greece Ocean Network Express has announced the opening of a new branch in Greece, Ocean Network Express Limited, Greece Foreign Branch, set to commence operations in November 2025. This strategic move highlights Greece's enduring role as a global maritime hub and reinforces ONE's commitment to serving the Mediterranean region and its customers with a direct local presence. The launch of the new office m
Norden flips two more ships Denmark's Norden has revealed new activity in the sale-and-purchase market with two transactions closed in the dry and wet segments, continuing a wave of disposals tied to its purchase-option strategy. The Copenhagen-listed company has offloaded one supramax bulk carrier and one MR tanker for an undisclosed sum. No further details have been disclosed about the ...
Leadership change at Belgian Shipowners' Association The Royal Belgian Shipowners' Association (KBRV) has announced a change in leadership, with Loïc Van Staey appointed as its new managing director. He succeeds Wilfried Lemmens, who held the position for over a decade at the association, which counts almost all shipowners operating vessels under the Belgian flag. Van Staey joined KBRV in November of ...
Condon Claims Management acquires Marine Claims Associates Thomas Miller-controlled Condon Claims Management has acquired US-based Marine Claims Associates for an undisclosed price. The acquisition will take place effective immediately and the entire Marine Claims Associates' team will fall under the Condon Claims Management brand. "Having the knowledge and experience to broaden our services is essential in today's modern marine landscape. From conductin
Louis Dreyfus Armateurs sold to private equity One of the most famous names in French shipping has been sold to private equity. The Louis-Dreyfus family, shareholder of Louis Dreyfus Armateurs (LDA), has sold an 80% stake in the shipowner to Paris-headquartered InfraVia Capital Partners for an undisclosed sum in a deal that was first discussed in public in February. The Louis-Dreyfus family ...
Reach Subsea bags $36m in new contracts Norwegian offshore services player Reach Subsea has secured several new deals and call-offs within the scope of existing frame agreements in the North Sea and European regions. The company said that the estimated total value of these contracts was NOK 370m ($36.8m). Work under the contracts will start in the third and fourth quarters of ...
Crown Estate rakes in over $1.5bn in profits thanks to offshore wind The UK Crown Estate, which manages King Charles' public property, has reported an annual net profit of £1.15bn ($1.57bn), with most of it coming from the offshore wind farm leasing tender Round 4. This year's profit brings the total contribution from the Crown Estate to the Treasury to £5bn ($6.9bn) over the past decade. Of ...
MSC ramps up megamax expansion with $1.2bn shipbuilding deal in China Gianluigi Aponte's Mediterranean Shipping Co (MSC) is pressing ahead with megamax containership fleet expansion through a new shipbuilding deal in China. The Swiss-based liner giant has ordered up to six 22,000 teu newbuilds from China Merchants Heavy Industries' Haimen shipyard. Shipbuilding sources estimate each LNG dual-fuel ship at more than $200m, with deliveries expected to ...
Danos secures work on Gulf of Mexico floating production unit Louisiana-based energy services contractor Danos has been awarded a contract to provide production services for Beacon Offshore Energy's Shenandoah floating production unit in the Gulf of Mexico. The project will employ production operators, instrumentation and electrical technicians, mechanics, and offshore installation managers. Several employees began working on the platform in 2024. No financ
Finland bans ship waste discharges in first for maritime environmental law Starting today, it will be illegal for cargo ships to discharge toilet wastewater, sulphuric wash water, and scrubber sludge into Finnish coastal waters, marking a global first in maritime environmental regulation. The new rules, approved by Finland's parliament in December 2024, put the Nordic nation at the forefront of marine pollution control, building on earlier ...
Jinhui frees up capital with double leaseback deal Chinese bulker owner and operator Jinhui Shipping and Transportation has struck sale and leaseback deals with compatriot financiers for two of its vessels, which will see the company free up nearly $30m in cash. The Oslo- and Hong Kong-listed company is selling the 2014-built ultramax Jin Heng for $11.1m and the 2019-built kamsarmax Jin Li ...
Hong Kong's new maritime board eyes a comeback Famous names in local shipping circles such as Caravel's Angad Banga, SeaKapital's Sabrina Chao, Bjorn Hojgaard from Anglo-Eastern, Valles Steamship's Wellington Koo and Alan Tung from Island Navigation are board members on the brand new Hong Kong Maritime and Port Development Board (HKMPDB), which launched today, the latest initiative from the Chinese city to reassert ...
Fire hits product tanker in Gulf of Oman A Palau-flagged product tanker, Yi Cheng 6, experienced a major engine room fire and total power failure while transiting the Gulf of Oman. The vessel was en route from Kandla Port in India to Shinas, Oman, when the incident occurred on Sunday, June 29. Responding to a distress call, the Indian Navy dispatched the stealth ...
Winning Shipping acquires a newcastlemax China's Winning Shipping is pushing ahead with its fleet expansion plans, seemingly unshaken by the Guinean government's recent crackdown on foreign operators. The world's largest bauxite carrier has just added its first newcastlemax of the year, acquiring the 204,000 dwt Ocean Prometheus from Mitsui OSK Lines, Splash can reveal. The 2007-built ship, constructed at Japan's ...
Japanese-built handysizes rule as S&P market heats up The handysize sale-and-purchase market roared to life in June, racking up the strongest sales tally of the year so far. More than 10 ships hanged hands last month, with four deals inked just last week. Japanese-built tonnage continues to command a premium, with buyers shrugging off age in favour of build pedigree, engine spec, and ...
Why the future of shipping platforms lies in collaboration, not control Wolfgang Lehmacher and Mikael Lind discuss the recent launch of project44's Movement platform. It is not every day that a supply chain technology heavyweight announces a new game. But that is what happened when Chicago-based project44 introduced its latest platform, the next-generation Movement. The press release promised a "Decision Intelligence Platform" that would automate and ...
Tanker gains from Israel-Iran conflict have largely evaporated Oil prices and tanker stocks immediately plunged when the Israel-Iran ceasefire was declared. The freight market has now followed suit...
Fake flags flow through Baltic as an uneasy stand-off continues Baltic states wanted to stop falsely flagged ships from passing through European waters, but that plan has been overtaken by...
Louis Dreyfus Armateurs confirms private equity takeover and new CEO Samira Draoua has assumed the role of chief executive, with Edouard Louis-Dreyfus staying on as president
Ship recycling pricing continues to fall on low steel demand With the Hong Kong Convention having entered into force, those few shipowners selling ships for recycling will need to ensure...
Iran asks to postpone IMO audit in wake of port blast Iran has pushed back its scheduled audit of IMO regulatory instruments to 2027
Israel-Iran war raised concerns over safe port warranties The Israel-Iran war led shipowners and charterers to check their safe port and berth warranties, with the security of ports...
Navios Logistics $400m Nordic bond meets high demand from investors Angeliki Frangou has successful first foray into Oslo bond market, securing refinancing for her South American logistics business
Finland bans wastewater discharge in its waters Sewage and so-called 'blackwater' discharge is banned in Finnish waters from today, while 'greywater' and scrubber wastewater bans will come...
US lifts sanctions on occupied territory callers while ending Syria restrictions In terminating the Syria sanctions programme, the US Treasury has revoked restrictions on three vessels with a history of exporting...
Alternative fuel share of newbuilding orderbook grows as ordering activity slows A rise in orders for large dual-fuel containerships, bulk carriers, crude oil tankers and ro-pax ferries is attributed to the...
Thomas Miller unit expands US operations Deal will see entire Marine Claims Associates team come under an expanded Condon brand
HD Hyundai Heavy Industry union begins the process of going on strike The union plans to hold a strike ballot. If a majority vote in favour, the union will be legally entitled...
Wan Hai walks away from LNG, commits to methanol amid regulatory shifts IMO's tightening climate rules drive split among shipowners on future fuels, with LNG and methanol strategies diverging
The Daily View: Another explosion, another mystery
Daily Briefing Fear and speculation mount after another tanker is hit by unexplained blast | China finance for Greek shipping seen as...
Strong China demand buoys intra-Asia rates despite capacity surge The uptick in rates comes despite a 9% surge in deployed capacity on regional services since February, according to figures from British transport consultant MDS Transmodal.
Union Pacific subsidiary jumps into transloading with 'port-to-door' service Loup Logistics provides direct access to nearly 80,000 rail-owned containers across North America, significantly expanding UP's transloading options.
Trans-Atlantic ocean trade readies for end to 90-day pause on US tariffs Easing freight rates and demand suggest a "wait-and-see" approach by US importers as the July 9 end of the temporary reprieve on so-called "reciprocal" tariffs nears.
DOF Group brings Brazil contract wins to $755m in just over a month Oslo-listed offshore vessel owner adds two more four-year deals as Petbrobras continues charter spree
Costamare Bulkers linked to its first-ever sale with reported deal for supramax Chinese buyer said to pick up 15-year-old vessel as bulker prices slip
Swedish safety tech group moves into Turkey with takeover of Ares Marine Consilium expands footprint with deal for Tuzla facility
Dutch mutual sets expansion goals after NorthStandard tie-up P&I Club announces new structure and ambitions to expand into war risks and hull
Navigator Gas moves up on investor radar with listing on US Russell index London-based LPG carrier owner says increased visibility will boost shareholder base
Can AI be a seafarer's friendly Big Brother in fight against fatigue? Orca AI claims its systems can detect navigation trends and raise alarm for crew and shore managers
Dalex bulker ships out stockpiled copper from Panama mine after state shutdown Greek handysize moving cargo from Cobre facility
Newcomer teams with Grieg Shipbrokers for liquid hydrogen newbuilding project Prospective owner is looking beyond groundbreaking bulkers
Sigtto finally appoints new GM as Excelerate Energy's Hans Weverbergh steps in Gas industry body brings in some hands-on FSRU and LPG experience
Navigational hazard warning for older ships plying Baltic waterways Two Baltic states issue warning about increased risks of accidents in congested waterways
Former Aker chief launches new Norwegian shipowner Leif-Arne Langoy will be largest owner of GMI Group with 27%
MR tanker rates surge in Asia as shipments hit year-high Brokers note useful jump in South Korea to Singapore earnings
Norden milks high ship prices with bulker and product tanker sales Company has sold 16 ships this year, including 10 declared purchase options
Scrubber users lash out at 'unfortunate and unnecessary' Europe ban Exhaust gas cleaning systems will be restricted from 2027
Greek owner DryDel flips second former Norden bulker in fluid S&P market Several modern ultramaxes are in play amid falling values and uncertain sellers
First-half ordering of alternative-fuelled vessels soars year on year, DNV says Container ship newbuildings drive uptick, with LNG remaining favoured fuel of past six months
Swedish safety tech group moves into shipbuilding with takeover of Ares Marine Consilium expands footprint with deal for Tuzla facility
Norwegian legal firm Sands expands into UK with new marine arm Former Stephenson Harwood lawyer Max Lemanski to head London outfit aiming to bring Scandinavian vibes in-house
Criminal gangs target ships as cargo theft cases spike globally Allianz Commercial says cargo thefts increased in North America by 27% in 2024
Glimmer of fresh LNG carrier newbuilding action emerges as full uptick could take longer March of LNG bunker vessels continues apace
Louis Dreyfus brings in new CEO following takeover by $17bn private equity firm Experienced French shipping executive moves in as takeover completed
Sri Lanka's biggest shipbuilder snapped up by Indian firm Mazagon Dock Mumbai-based yard buys controlling stake in cargo ship specialist and repairer Colombo Dockyard
Norwegian newcomer to build 'world's first' liquid hydrogen-powered bulkers Bergen's LH2 Shipping wins Enova cash for two 5,000-dwt carriers using fuel cells and batteries
LNG Canada exports its first cargo, heralding start of new trade for sector Lead shareholder Shell says supplying LNG will be its biggest contribution to energy transition over next decade
Former Aker chief launches new Norwegian shipowner with fund NRP Leif-Arne Langoy will be largest owner of GMI Group with 27%
'Major fire' on Middle East-bound tanker tackled by Indian Navy No injuries reported among 14 seafarers on the Yi Cheng 6
Cocaine worth £100m seized from container ship in significant blow against organised crime Border Force says haul is one of the largest in the past 10 years
MOL completes $1.7bn takeover of chemical storage terminal LBC Tank Terminals Takeover of LBC Tank Terminals is part of MOL's diversification into non-shipping businesses
Qihang Shipping cashing in on strong vessel values by putting tanker on auction block Bids are due in on 16 July
Trump ends key Syria sanctions but keeps Assad-linked shipping names on blacklist Turkish shipowner, maritime authority and Syrian Chamber of Shipping cleared
Amon Maritime launches new venture to build large ammonia-fuelled bulkers Norwegian shipowner has received $25m state grant to fund venture
Chinese leasing giant ICBC seeks buyer for fleet of former Bourbon offshore vessels Offshore vessels were once owned by French owner Bourbon
Why 44% fewer cancelled sailings could be [blanking] bad news for SoCal trucking Ocean carriers to reduce cancelled sailings by 44% in July, says Drewry, but weaker trans-Pacific trades to account for almost half the total.
Switch to UPS saved US Postal Service 43% in air transport costs The U.S. Postal Service is saving a great deal of money with UPS as its prime air cargo vendor instead of FedEx, according to a new inspector general's report.
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