Bollinger Shipyards receives 9/11 steel Bollinger Shipyards recently hosted a 9/11 steel transfer ceremony at its Lockport facility that saw the shipyard received two pieces of steel from the debris of the attack on the World Trade
LDA and MaDfly in breakthrough in offshore in-water vessel surveys Louis Dreyfus Armateurs (LDA) and French marine drone service specialist MaDfly say they have achieved a breakthrough in offshore in-water vessel surveys with the successful deployment of a remotely operated vehicle (ROV)
NSR draws more players to ramp up icebreaker fleet expansion The Northern Sea Route (NSR), spanning Russia's Arctic coast from the Barents Sea to the Bering Strait, is becoming an increasingly viable shipping corridor due to melting ice. This route offers a significantly shorter passage between Europe and Asia compared to the Suez Canal, reducing transit time and fuel consumption for global trade. South Korea's advanced icebreaker project is moving forward
Peel Ports Group appoints contractors to construction framework Peel Ports Group, the UK's second-largest port operator, has appointed a host of contractors into its new construction framework, covering a major programme of construction works across its UK and Ireland sites, worth up to £750 million (US$970 million). The port operator has appointed 18 contractors across the multi-lot framework for a period of up to eight years; Lot 1 of the framework covers G
Port Houston adds new hybrid handling equipment During its regular monthly meeting, the Port Commission of the Port of Houston Authority awarded a contract to Konecranes Finland Corporation for the purchase of 16 hybrid rubber-tired gantry (RTG) cranes for Bayport Container Terminal. These new RTG cranes will be Port Houston's first "one-over-six" container stacking units, setting a new standard moving forward while continuing to expand the po
Maersk implements surcharge from West Med to Canada Copenhagen-based box line Maersk is introducing a Peak Season Surcharge (PSS) for all container types from West Mediterranean countries (Italy, Croatia, Greece, France, Portugal, Spain, Morocco, Algeria, Tunisia, Slovenia and Albania) to Canadian destinations. The following surcharge will be effective from 14 April: Origin Destination Container type New tariff levels Charge Basis West Mediterrane
C2X secures US$100 million investment to advance green methanol initiatives Japanese energy firm ENEOS, Danish shipping company Maersk, and A.P. Moller Holding have agreed to invest US$100 million in green methanol project developer C2X to proceed with its global methanol production portfolio. The transaction is subject to the satisfaction of customary closing conditions, including applicable regulatory clearances. The proceeds from the investment will primarily be used
Wan Hai commences new service connecting India, Vietnam and Thailand Taiwanese ocean carrier Wan Hai Lines is set to launch its new Tamil Nadu - Thailand Express (TTX) service on 20 April, enhancing direct connectivity between Vietnam, Thailand, and East India. The TTX service will be operated by four container vessels, each with a capacity of 2,200 TEUs, providing a fixed 28-day round-trip schedule. The maiden voyage will depart from Cat Lai Port, Ho Chi Minh, on
PIL strengthens West Coast South America service Singaporean ocean carrier Pacific International Lines (PIL) has decided to enhance its West Coast South America Service 6 (WS6), aiming to expand its coverage in that region. The WS6 coverage will now include a weekly direct call at the port of Ensenada in Mexico and a switch of the Chilean terminal call from Valparaíso to San Antonio. The updated WS6 commences today (2 April). William Ho, Genera
APM Terminals buys Panama Canal Railway Company Maersk-owned port operating firm APM Terminals has acquired the Panama Canal Railway Company (PCRC) from Canadian Pacific Kansas City (CPKC) and the Lanco Group/Mi-Jack. PCRC, which has been a 50/50 joint venture between CPKC subsidiary Kansas City Southern and Lanco Group/Mi-Jack since its formation in 1998, operates a 76-km (47-mile) single-line railway adjacent to the Panama Canal that mainly
Global container ports see growth, led by strong traffic from China, US and South Asia The world's 30 busiest container ports recorded a 7% growth in volumes in 2024, boosted by increased traffic from China, the United States and South Asia, according to Alphaliner
Shipping Industry Braces for Key Tariff Decisions President Trump has scheduled a Wednesday (April 2) Rose Garden event for his tariff plan unveiling, and among the things that seem destined to remain extremely uncertain right up to the last minute is whether the tariffs announced will be effective immediately or on some future date. And though Trump says he's decided on a course of action, other reports have the administration vacillating still
Maersk applies PSS from North China and South Korea to India and Pakistan Danish ocean carrier Maersk is implementing a Peak Season Surcharge (PSS) for the scope of North China and South Korea to India (Jawaharlal Nehru, Mundra, and Pipavav) and Pakistan. Effective from 15 April and valid until further notice, the PSS amount will be as follows: Origin Destination Container Size Currency All Containers North China and South Korea India (Jawaharlal Nehru, Mundra, Pipavav
Alfa Laval expands its portfolio with NRG Marine acquisition Alfa Laval has completed the acquisition of UK-based NRG Marine, a provider of ultrasonic anti-fouling technology for marine, oil-and-gas and industrial applications. This move strengthens Alfa Laval's capabilities toward enhancing energy efficiency and operational performance while reducing costs and extending asset lifespan. With the addition of ultrasonic anti-fouling technology, Alfa Laval wi
Top 10 Singapore-Flagged Vessel Owners and Operator Veson Nautical shined a spotlight on the Singaporean fleet, including live, launched, and on-order vessels, and dived into the top 10 owners of Singaporean flagged vessels, the top 10 Singapore-based operators, and the top 10 Singaporean beneficial owners. A.P. Moller - Maersk currently leads the Singapore flagged fleet with 119 vessels in its books, with a value of US$6.35 billion. In second pla
Container rates plunge 28%: Worst first quarter in two decades "Average container freight rates for Chinese exports have dropped 28% since the start of the year, posting the worst first quarter development of the past twenty years," says Niels Rasmussen, Chief Shipping Analyst at BIMCO. Based on input from twenty-three liner operators, the China Containerized Freight Index (CCFI) reflects the general export freight rate level from ten major ports. The 28% fal
China Moves to Block CK Hutchison Deal: Protecting Strategic Port Influence Beijing's move to block the sale of CK Hutchison's overseas port division to BlackRock and Mediterranean Shipping Co (MSC) reflects its strategic interest in maintaining control over key maritime infrastructure. CK Hutchison's subsidiary, Hutchison Ports, a major global player, operates 43 ports with 199 berths across 23 countries, and the potential sale deal could shift influence over critical g
Repurposing Shipping Containers: Innovative Decking Ideas for Sustainable Projects The idea of repurposing shipping containers for different architectural projects has gained popularity recently. Innovative building concepts favor these durable, modular structures since they are not only affordable but also ecologically friendly. Shipping containers have demonstrated their adaptability from residential extensions to pop-up cafés. Decking is one of the most creative and practica
Mastering Logistics for Custom Poly Mailers: From Warehouse Efficiency to Flawless Delivery Photo from CustomPolyMailers.com In the fast-paced world of e-commerce, the journey of a package from warehouse shelves to a customer's doorstep is more than just a logistical step-it's a silent ambassador for your brand. Custom poly mailers, those lightweight yet resilient packaging workhorses, play a pivotal role in this process. But even the most eye-catching designs can falter if storage, shi
Saipem rakes in $720m for work in Middle East and Guyana Italian offshore engineering and construction giant Saipem has won two brand new contracts worth approximately $720m. The first contract encompasses the engineering, procurement, construction, and installation activities for the repair of damaged subsea pipelines for an unnamed major client in the Middle East. The duration of the project is expected to last three years. The ...
HD KSOE confirms Angolan suezmax orders HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has firmed up a deal with Sonangol for a pair of suezmax tanker newbuildings. The shipbuilding intermediate holding company of HD Hyundai said in a filing the Angola state-controlled oil company is paying $176m to see the 157,000 dwt duo delivered by end-May 2027. Splash reported the ...
Trump's 'Liberation Day' arrives Donald Trump is expected to announce sweeping tariffs in a statement at the White House Rose Garden at 16:00 EST this afternoon, branding today as 'Liberation Day' in the latest economic shock to hit global seaborne trades in the opening months of his return to power. The scope and scale of the reciprocal country-based tariffs ...
Iberdrola gets final approval for German offshore wind farm Spanish electric utility company Iberdrola has received the final approval of the 315MW Windanker wind farm project in the German part of the Baltic Sea. The company completed the planning approval process for the offshore wind farm and received a positive decision from Germany's Federal Maritime and Hydrographic Agency (BSH) Construction of the €1.28bn ($1.38bn) wind ...
SSY breaks into ship recycling UK shipbroking group SSY is branching out into the recycling business. The new unit will be headed up by Dubai-based recycling expert and former Braemar man Harry Conrad-Pickles. The move into ship recycling by the London-headquartered group comes ahead of the Hong Kong Convention coming into effect in June and as around 15,000 ships are ...
Geneva Dry Dialogues: Seaber The tech space in dry bulk is crowded, concedes Sebastian Sjöberg, the CEO and co-founder of Seaber, a predictive AI platform providing data-driven decision support for scheduling and chartering optimisation. It's a point evidenced by the fact that more than a third of the 58 sponsors of this year's Geneva Dry - including Seaber - ...
A.P. Moller Holding moves to take Svitzer private Denmark's A.P. Moller Holding (APMH) has made an all-cash offer to take towage operator Svitzer private. The offer, valued at about $1.3bn, comes at nearly a 32% premium to Tuesday's closing share price in Copenhagen. APMH holds 47% of shares in Svitzer, which demerged from Maersk last April and started trading on Nasdaq Copenhagen. The ...
Pilot twins publish book on the art of ship handling The phrase 'the Beautiful Game' is synonymous with football, but for American twin brothers Captain Grant Livingstone and Captain George Livingstone the words perfectly capture life at sea. Both brothers have spent decades working first as seafarers then as pilots, mastering the art of shiphandling, for which technical expertise meets instinct, experience and split-second decision ...
Saipem contracts four PSVs for work offshore Norway Saipem has hired four platform supply vessels to provide pipehaul support for Equinor's Irpa development offshore Norway. The vessels have been fixed for a firm period of 60 days each, with further extension options available. OSV owner Tidewater has bagged two of the contracts for the 2009-built Troms Castor and 2012-built Troms Sirius, while Singapore-based ...
Island Offshore PSV deal with Equinor extended for two years Norwegian OSV owner Island Offshore has secured a two-year contract extension from Equinor UK for the platform supply vessel Island Chieftain. The 2009-built hybrid battery-powered PSV has been fixed until at least May 2027. The vessel has been working for the Norwegian energy major in the UK sector since last May, supporting operations at the ...
Winning buys its first cape of the year Vintage cape sales are dominating S&P headlines. One Chinese company stands out in the segment: China's Winning Shipping, the world's largest bauxite shipping company. Sources tell Splash that the active outfit is currently in the market for more tonnage and has just purchased the 2007 Imabari-built, 180,000 dwt Cape Unity for just over $22m-its first ...
Top Japanese shipping brands collaborate to create tech research facility in Osaka Top Japanese shipyards are collaborating to open a dedicated ship tech research facility at the University of Osaka. Imabari Shipbuilding, Japan Marine United along with ClassNK and MTI, the research arm of Nippon Yusen Kaisha (NYK) are joining forces to establish the Open Collaboration Laboratory for Enabling Advanced Marine Systems (OCEANS) at the Techno Alliance ...
Seafarers struggle to get any shore leave A new report from the ITF Seafarers' Trust (ITFST) and the World Maritime University (WMU) highlights the continuing absence of shore leave for the world's seafarers. Analysing the data from 5,879 seafarers who responded to the ITFST's Shore Leave Survey, WMU researchers concluded that more than a quarter of seafarers did not get any shore ...
Trump 2.0 trade policies curb ship deals for now but could spur more later Tariffs have indirectly stymied ship purchases by further depressing share valuations. However, the port fee plan could eventually lead to...
US sanctions network shipping Russian weapons and stolen Ukrainian grain to the Houthis The US has announced sanctions against a Russian-Houthi network that supplied the Yemeni faction with weapons and stolen grain from...
Carbon levy on life support at IMO as Pacifics vow to fight on A global carbon price is unlikely to take the form of a separate levy, with IMO states converging on a...
APM Terminals acquires Panama Canal Railway During the drought that enforced serious restrictions on the canal for much of 2023-2024, the railway played a vital role...
Bulk carrier went off hire after crew contracted Covid, Admiralty Court confirms Ruling is notably 'charterer-friendly' but court sought fair balance between parties, says WFW partner Chu
Cargo insurance rates softening fast on back of record capacity, Lockton warns Absence of market-changing loss events could mean double-digit premium slide
'Nonsense' port fee plan will 'go away' after Trump Speakers at the Connecticut Maritime Association conference on Tuesday voiced their opinion of the proposed port free plan and offered...
Shore leave at risk of extinction, report says A lack of accessible facilities and expensive transport are just of the two reasons why seafarers are taking less shore...
Diana Shipping rings up 20 years of riding the dry bulk cycle Dry bulk operator celebrates two decades as listed entity
CMB.Tech inches towards Golden Ocean majority After buying John Fredriksen's share for some $1.2bn last month, CMB.Tech has added more purchases as it inches towards the...
Tariffs threaten further upheaval for embattled container shipping sector Container shipping braced for a turbulent 2025 as tariffs, tepid demand and geopolitical risks threaten to derail trade volumes and...
AP Moller Holding bids to take Svitzer private The Danish company already owns 47% of Svitzer's shares, which demerged from Maersk in April last year
Seafarer dies in Ningbo collision Newbuilding Ning Yuan Bei Lun and general cargoship Jiang Hai Zhi Da 66 collided off Yangxiaomao Island, near Ningbo, China
The Daily View: A very politicised ports deal Ports and LogisticsPolitical Risk and TradeFinance
New K Line president maps out vision to navigate heightened risks K Line president pledges strategic growth in an increasingly uncertain world by leaning into the shipping giant's strengths around safety...
Daily Briefing Don't make me do it: Beijing turns up pressure on CK Hutchison's port deal | All lower-carbon fuels should be...
Trump announces 10% across-the-board tariffs on all US imports But countries believed by the White House as having an unfair advantage over the US on trade will be hit with higher levies, including China, South Korea and European Union nations.
India-US liners tweak 2025-26 contract plans amid shipper performance fears: NVOs The change to a more freight-all-kinds strategy comes as ongoing contracts for the 2024-25 service year bundled with penalty clauses have proved to be problematic for keeping customer relationships intact.
APM acquires first railroad asset with deal for Panama Canal's short line The terminal operator says buying the railroad that connects ports on the canal's Pacific and Atlantic sides fits into its overall strategy of offering more service to shippers.
The Buyer's Guide to Automation Future-proof your architecture with Camunda's process orchestration buyer's guide.
India-US liners tweak 2025-26 contract plans amid shipper performance fears: NVOs The change to a more freight-all-kinds strategy comes as ongoing contracts for the 2024-25 service year bundled with penalty clauses have proved to be problematic for keeping customer relationships intact.
PM acquires first railroad asset with deal for Panama Canal's short line The terminal operator says buying the railroad that connects ports on the canal's Pacific and Atlantic sides fits into its overall strategy of offering more service to shippers.
New Trump tariffs spur rise in US-bound air cargo rates amid frontloading Price and volume increases are being seen across trans-Pacific and trans-Atlantic trade lanes, but there is little clarity on whether underlying demand is enough to prop up spot rates once the tariffs have been implemented.
China to maintain pivotal production role globally despite tariffs: CSCMP Firms sourcing from Vietnam, India or Mexico rely heavily on components, raw materials and equipment from China, which will remain an essential link in the production supply chain even if it's no longer the only one.
Hyundai yard expands capacity as Chinese shipbuilding industry comes under US threats South Korea shipbuilding group said to have secured orders for up to eight LR2 tankers to be built at Subic Bay shipyard
Trump announces sweeping reciprocal tariffs from 10% to 50% on countries around the world 'Liberation day' announcement lifts tariffs on China to 34%
Trump administration aims sanctions at Russian shipments aiding Houthis Russian-flag ship and two businessmen among latest targets
Why controversial US port fees spell extra profit for tanker owners Moves from the US evidence of further deglobalisation
'Liberation day' comes to US LNG project developers too as Washington removes hurdle As Russia restarts its second Arctic liquefaction plant and European imports ramp up
Top Navios US executive Ted Petrone announces retirement after four decades with shipowner Angeliki Frangou's long-term number two now describes himself as a 'retired investor'
A bold decision or in deep water? Greenhouse gas talks chair pushes IMO member states to work together Critical talks kick off at the IMO with a compromise on the road to decarbonisation
Capesize spot rates dwindle as Atlantic activity slows Pacific perks up with iron-ore miners entering market
Laker operator Rand Logistics seals $525m refinancing to modernise fleet Jones Act shipping firm could also cash for M&A
InterManager slams accident probe into enclosed space deaths on Berge Bulk capesize Ship management organisation believes 'deliberate' omissions will still leave maritime workers at risk
The Quiet Commodore speaks: Ships, relationships and a 'long, strange trip' Fairfield Chemical Carriers' Todd Clough reflects on eve of top Connecticut Maritime Association honour
G2 Ocean pushes up profit despite lower rates for its 120 bulkers Gearbulk and Grieg pool venture boosted by lower tax bill
Hutchison Ports deal delayed as Hong Kong billionaire Li Ka-Shing reviews options Pro-Beijing media have criticised the deal, calling it a betrayal of China
Semiramis Paliou sticks to bulker strategy as Diana Shipping rings in IPO milestone Anniversary comes as dry bulk player dips toe in new markets and its shares face pressure
Seafarer shore leave 'in danger of extinction', researchers warn More than one-quarter of seafarers get zero shore leave
Insurers and shipping company reported for suspected oil price cap breaches UK regulator says there were about two reports a month of breaches of oil pricing regime over a year
US tariff blitz prompts container carriers to hike rates and cancel sailings Efforts to stem freight rate decline may be in vain if capacity continues to rise
Semiramis Paliou sticks to bulker strategy as Diana Shiping rings in IPO milestone Anniversary comes as dry bulk player dips toe in new markets and its shares face pressure
Belgian's Somtrans homes in on its first large LNG bunker vessel newbuilding Another vessel incoming for this year's growing tally of LNGBVs
'It's all a scam': Complaints roll in over fake ship registry Caribbean government says many individuals have lost money trying to secure documents from non-existent flag registry
Is the levy off the table? Latest IMO climate talks struggle to find common ground 'We need to close the gap, not create bigger divisions,' secretary general urges
Stena Line reveals latest ro-ro concept as it targets climate goals New design incorporates some of latest tech beginning to appear across the global fleet
SSY enters demolition sector with new hire from Braemar Broker joins as ship recycling market is expected to enter a crucial period
LNG bunker vessel orders outstrip those for conventional carriers in first quarter Slim pickings for yards on LNG newbuildings so far in 2025
CMB.Tech moves closer to merger threshold after spending $83m on Golden Ocean shares Saverys family company now owns nearly 46% of bulker company
Could US port fees push tankers towards a 'trifurcated' market? US fees on Chinese-built ships could further split an already fractured fleet
AP Moller Holding springs $689m Svitzer takeover with delisting planned Company cites lack of investor interest in towage operation with a market cap of $998m
Seafarer dies in collision involving container ship newbuilding off China Cargo vessel sinks after accident in the early hours
Shipbuilding giant Hyundai confirms Sonangol suezmax tanker brace as prices cool Deal shows pressure on newbuilding values as demand cools due to global economic uncertainty
Secondhand ship sales plunge 30% as cautious buyers put pressure on owners of Chinese tonnage Brokers say deal flow dropped sharply in a changing S&P arena
Pelagic Partners hails 'solid' yields from shipping funds with latest dividends Cypriot shipowner remains committed to 'consistent and attractive' rewards for shareholders
Hanwha Ocean bags VLCC newbuildings worth $257m Capital Group is named as buyer of two crude carriers
Yang Ming invites shipyards for tender for panamax and neo-panamax container ships Offers are due in this month
Meet Emma Roberts, mining giant BHP's new shipping boss Holding one of the most powerful positions in dry bulk shipping, ex-lawyer says it is business as usual - for now
'Animal spirit': New K Line boss targets expansion in bulkers and LNG Car carrier business also a big focus for Takenori Igarashi
Levy off the table as latest IMO climate talks struggle to find common ground 'We need to close the gap, not create bigger divisions,' urges IMO secretary general
CMA CGM subsidiaries augment air cargo capacity in different ways Ocean carrier CMA CGM continues to invest in air cargo. The latest moves include the acquisition of troubled Air Belgium and its logistics subsidiary launching a China-U.S. air charter service.
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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