VIDEO: Innovative Aikido floating wind solution gains ABS statement of maturity San Francisco-based Aikido Technologies, one of the winners of Phase One of the U.S. Department of Energies FLOWIN prize, has now gained a statement of maturity from ABS for its innovative floating
Fincantieri firms up NCL's order for its four largest ships yet Fincantieri reports that the letter of intent that it signed with Norwegian Cruise Lines Holdings (NCLH) in April last year (see earlier story) has been transformed into a firm
CMA CGM AIR CARGO joins Cargo.one for instant digital bookings Cargo.one, a digital platform for air freight procurement and sales, has announced that CMA CGM AIR CARGO's global capacity is now available for instant digital booking. As the air logistics arm of the CMA CGM Group offers an extensive network, forwarders in the United States, Germany, France, the Netherlands, Belgium, and Italy can now seamlessly access, quote, and book CMA CGM AIR CARGO service
5 Ways to Enhance Shipping Logistics with Cost-Effective Strategies Efficient shipping logistics keep businesses competitive, but cost concerns can make it challenging. However, simple and practical strategies do exist to cut expenses without sacrificing quality or speed. Explore five methods to enhance your shipping logistics processes while staying budget-conscious. 1. Leverage Route Optimization Tools for Efficiency Efficient routes save fuel, time, and labor
TermPaperWriter Review: Is It the Best Term Paper Writing Service? A term paper isn't just another task to check off your to-do list. It's a way to demonstrate the knowledge and research skills you have picked up during the term. Still, many students struggle with this kind of project because of packed schedules, hectic lifestyles, and too many assignments to complete. Whether you are starting your term paper from scratch or trying to wrap up a half-finished dra
BRICS countries show strong growth in maritime connectivity amid global trade shifts As the world leans towards protectionism and potential trade wars, the BRICS nations are showing a strong upward trajectory in improving their maritime connectivity.
MSC expands melon export routes from Africa to West Med As the melon season begins in Senegal and Mauritania, MSC is enhancing its standalone Spain to/from Mauritania and Senegal service to support the export of this commodity throughout the season. The updated service now includes an exclusive and direct call to Sète in France, catering to the French and Italian markets, along with a direct call to Valencia in Spain to serve the Spanish market. With
Polaris Autoliners introduces new intra-Europe RoRo service Polaris Autoliners, a UK-based specialist in the Roll-on/Roll-off (RoRo) sector, is expanding its European network with a new weekly RoRo service from the port of Bremerhaven in Germany to Norway. The new route includes direct calls at the Norwegian ports of Oslo and Drammen. "Norway is a strategically important market for international vehicle transport, particularly as one of the world's leadin
Port of Hamburg receives first all-electric container stacker Hamburg's C. Steinweg (Süd-West Terminal) is advancing the decarbonization of its handling processes by integrating a fully electric reach stacker from SANY MARINE into its operations. According to the manufacturer, this full-container reachstacker is powered by a 422 kWh lithium ferrophosphate (LFP) battery. These batteries are not only maintenance-free and durable but also more environmentally
Long Beach sets new annual container volume record Port of Long Beach (POLB) ended 2024 with 9,649,724 TEUs processed, up 20.3% from a year earlier and a 2.8% increase from the previous record of more than 9.3 million TEUs moved in 2021. Imports rose 24.3% to 4,729,552 TEUs and exports declined 5.9% to 1,207,036 TEUs compared to 2023. At the same time, empty containers moving through the Californian port were up 26.6% to 3,713,137 TEUs. POLB clos
MICT boosts container capacity and improves efficiency Manila International Container Terminal (MICT), the flagship operation of International Container Terminal Services Inc. (ICTSI) and one of the Philippines' largest and most advanced container terminals, continues to enhance capacity and efficiency through infrastructure upgrades, equipment modernization, and digital innovations. To accommodate growing demand, MICT is constructing Berth 8, design
Trump's Tariff Gamble: Push for Trade Control, More Nations at Risk Trump's proposed tariffs represent an aggressive trade strategy, potentially designed to pressure major players in the global shipping industry.
Yokohama Unveils FY2025 Port and Harbor Budget The city of Yokohama's Port and Harbor Bureau has outlined a fiscal 2025 (April 2025-March 2026) budget draft, allocating a general account of US$102 million. This marks an 11.3% decrease (or US$13 million) from the previous fiscal year's budget, primarily due to reduced expenses for the national redevelopment project at Honmoku Pier D5 Container Terminal and the construction of a boarding bridge
Gemini partners reposition their fleets Maersk Line and Hapag-Lloyd are reshuffling their container vessels as both operators launched Gemini Cooperation on 1 February.
DP World Southampton handles first Gemini vessel DP World Southampton has received its first ship arrival under the Gemini Cooperation agreement announced in November last year. The 2014-built boxship Leonidio docked at the Southampton logistics hub on 3 February as part of its first rotation on the Gemini Transatlantic AL1/AT3 service, and will continue at the ports of Rotterdam, Hamburg, and Wilhelmshaven in Northern Europe before crossing th
How Render Farms Optimize 3D Visualization in Modern Shipping and Logistics The Growing Role of 3D Visualization in Shipping The shipping and logistics industry has become increasingly reliant on 3D visualization to enhance efficiency, safety, and innovation. Whether designing new container prototypes, simulating port operations, or planning large-scale logistics workflows, 3D rendering has transformed how companies approach problem-solving and decision-making. However,
Consolidated Chassis Management appoints new Senior Director of Sales Consolidated Chassis Management (CCM), a provider of intermodal equipment leasing and management solutions, announced the appointment of Emily Dunn as Senior Director of Sales, effective immediately. In her new role, Dunn will play a key role in shaping strategic sales initiatives and strengthening customer relationships. With a strong background in business development, operations, and finance,
CMA CGM reshapes Med Pendulum Service CMA CGM - Short Sea Lines Division announced the reshuffling of its intra-Mediterranean service MPS, set to take effect in early March 2025. This weekly service, commencing in Salerno (Italy) westbound during the tenth week of the year, aims to enhance connectivity within the Mediterranean market by providing a maritime bridge between the Eastern Mediterranean, Western Mediterranean, Morocco, and
Top Fleet Management Challenges and Their Solutions Do you want to keep a fleet running smoothly? Let me tell you, it's no small task. If you're a fleet manager, you already know the challenges: tight budgets, low
EuroDry sells veteran bulker for scrap Nasdaq-listed Greek dry bulk owner EuroDry has offloaded its oldest vessel for demolition. The Aristides Pittas-led company is sending its 2000-built 75,100 dwt Tasos to a demo yard in Bangladesh for about $5m. The vessel, picked up by an undisclosed cash buyer, will be delivered between mid-February and mid-March 2025 after it comes off its ...
Integrated Wind Solutions gets first deal for brand new CSOV Commissioning service operation vessel owner Integrated Wind Solutions (IWS) has secured a new contract for the charter of one of its vessels. The contract was won by the company's wholly-owned subsidiary IWS Fleet. The deal is for the IWS Starwalker CSOV and will last a fixed nine months. The charter also has a three-month extension option. ...
Costamare reveals fresh bulker sale with panamax deal Greek owner Costamare is shipping out one of its oldest bulkers as renewal of the owned fleet presses ahead. The New York-listed company has revealed the sale of its 2008-built panamax Rose with an expected exit from the fleet in the first or second quarter. The 76,619 dwt ship is the second-oldest Costamare bulker after ...
Seamec wins $57m DSV charter Indian offshore vessel operator Seamec has secured a long-term charter from Saudi-based Safeen Al Behar for the dive support vessel Seamec Swordfish. The 2007-built DSV has been fixed for 730 days in a deal worth $57.4m. The charter with extension options attached, will see the vessel utilised in Saudi and UAE waters from March. Mumbai-based ...
Well-Safe Solutions adds to Dutch North Sea backlog Decommissioning specialists Well-Safe Solutions has secured more work for Eni across its assets in the Dutch sector of the North Sea. The Italian energy major has recently exercised another 90-day option for the Well-Safe Protector jackup under a newly agreed contract amendment. The work on subsea and platform wells is to be executed in direct ...
Hapag-Lloyd bags funding for 24 newbuilds Germany's Hapag-Lloyd has lined up financing for its 24-ship newbuilding spree signed off last year. The Hamburg-based global carrier said the financing consists of four parts. Around $900 will be financed using the company's own funds, $500m using bilateral mortgage loans from two banks, $1.8bn will be financed via three leasing structures, and $1.1bn through ...
Probe reveals more than $6bn in shadow fleet deals European and American shipowners have pocketed at least $6.3bn from selling hundreds of ageing tankers on to shell companies, from where they make their way into the shadow fleet, a new probe carried out by the Organized Crime and Corruption Reporting Project (OCCRP) and investigative journalists from Follow the Money has revealed. The report tracks ...
BP and EnBW tap Interocean for offshore wind farm work Offshore support services provider Interocean Marine Services has won a three-year contract to provide marine vetting and assurance to the Morgan, Mona, and Morven offshore wind projects. The three projects are being developed under a joint venture between energy giant BP and Energie Württemberg (EnBW). Morgan and Mona are located in the Irish Sea approximately ...
Accident investigation calls for greater use of pilots in Gibraltar More pilot use is recommended in Gibraltar, according to a new accident report surrounding one of the most high-profile casualties to hit the British overseas territory in recent years. On August 29 2022, the OS35 bulk carrier was departing the Bay of Gibraltar anchorage and collided with the LNG carrier Adam LNG. The impact caused ...
New Jersey cancels fourth offshore wind solicitation after bidders drop out The New Jersey Board of Public Utilities (NJBPU) has pulled the plug on the state's fourth offshore wind solicitation due to the withdrawal of prospective bidders and Shell freezing its involvement with the Atlantic Shores offshore wind project. There were three initial bidders in the fourth solicitation with two withdrawing and only Atlantic Shores submitted ...
Flex LNG eyes Oslo Stock Exchange exit Flex LNG has set out to leave the Oslo Stock Exchange in favour of listing its shares solely in the US. The Øystein Kalleklev-led company, backed by John Fredriksen, plans to present its plan for voluntary delisting from Oslo in May. Flex, which also trades on the New York Stock Exchange (NYSE), said the move ...
Time runs out for Chronos as a shipowner with sale of last kamsarmax More than 50 years in shipping is ending as Greek kamsarmax specialist Chronos Shipping is letting go of its last ship, the 2012-built, 81,000 dwt Patra, built at Japan Marine United. The bulker is noted to have been sold by several brokers who tie a price tag of just under $16m to the deal. Last week, the Greek owner reportedly ...
US container imbalance worsens despite tariffs Amid escalating tensions in an ongoing trade dispute, the anticipated conversation between US President Donald Trump and Chinese President Xi Jinping was scrapped yesterday and has yet to be rescheduled. A tariff tit-for-tat has got underway between the world's two largest economies with the US putting a blanket 10% levy on all Chinese imports, and ...
Construction starts on 'cat-flap' barge access at France's largest container port Construction is underway on an ambitious engineering project dubbed the cat-flap to give barge access to Le Havre's outer port. The $203m construction consists of a 1,800 m channel which will soon be dredged and will link the outer Port 2000 with the historical inner port from where inland vessels can reach the Seine River ...
CMA CGM adds five ships CMA CGM has purchased four 2016-2017-built ice-class wide beam container vessels from Delphis, the container shipping arm of Antwerp-based Comp
Trump pressure on Iran positive for VLCC rates but with lag effect The newly announced Trump policy targeting Iranian crude flows sounds very positive for VLCC rates. But unlike in the old...
What a second round of 'maximum pressure' Iran sanctions means for shipping A 'maximum pressure' campaign by the Trump administration is very likely to make the logistics of Iranian imports into China...
Alfa Laval buys anti-fouling system maker NRG Marine Alfa Laval has bought UK-based NRG Marine, which makes ultrasonic anti-fouling systems for boats, as its marine division continues to...
Transport sector calls on EU to safeguard funding European transport groups pen open letter to EU member states calling on support for 'a dedicated European transport funding instrument'...
Protectionism will have 'direct impact' on marine insurers, argues IUMI Remarks not aimed at any specific government, cargo committee chair insists
Pilot would have prevented Gibraltar collision, report finds An accident report by the Gibraltar Maritime Administration has suggested that pilotage become compulsory for departures from Gibraltar, as it...
Logistics firm GLS fined €8m for greenwashing in Italy The Italian Competition Authority has fined General Logistics Systems for alleged unfair commercial practices over its 'Climate Protect' scheme
Costamare clinches slew of boxship deals taking backlog to $2.4bn Liquidity stands at $940m despite last year's bond repayment and redemption of preferred stock
Containership charter rates set to fall as liner alliances conclude restructuring Heavy newbuilding deliveries in 2025 and freight markets turbulence are likely to weight on charter rates
Chinese carrier's historic suit against Amazon faces uncertain prospects of success Retail behemoth Amazon is hit with a record compensation claim from CULines for violations of contract inked during the pandemic
Piracy watchdog warns of January spike in Singapore Strait sea robbery incidents All 11 incidents took place in close proximity to each other on board ships while transiting the Phillip Channel. Also...
The Daily View: Small-scale disruption Your latest edition of Lloyd's List's Daily View - the essential briefing on the stories shaping shipping
Wärtsilä's record orderbook drives growth The four-stroke specialist said it expected shipbuilding demand to remain high into 2025 compared to 2024
US reimposes 'maximum pressure' sanctions on Iran Iran's maximum pressure 2.0 sanctions policy will require shipping, insurance, and port operators to adhere to new guidance and promises...
Daily Briefing Chinese retaliatory tariffs could harm dry bulk tonne-miles | Trump tariff workarounds will lessen impact of trade war escalation |...
Shippers want more visibility data than terminals are providing: survey A new report from software vendor Kaleris has found that terminal operators around the globe believe they are providing better visibility data than shippers say are they receiving.
'Strategic' sailing cuts offset switch to new Asia-Europe networks: eeSea The disruption to the Asia-Europe trade lane is expected to be limited as the transition from old services to the new alliances is being made during the traditionally slow post-Lunar New Year period.
Project cargo sector disadvantaged by lag in AI adoption Unstructured data, security concerns and value questions are holding back the progression of technology in the breakbulk industry.
Marine insurer group greenlights streamlined eBL vendor approval process Regulatory uncertainty around the allowance of digital trade documents is one factor that has slowed the adoption of electronic bills of lading in the shipping industry.
ONE launches domestic repositioning program on inland loads to West Coast The ocean carrier is diving into domestic intermodal logistics for shippers sending freight from inland markets to the West
'It's an outrage': Seafarer abandonment figures are bad and getting worse Levels in 2025 could outstrip those of 2024, says outraged ITF
DHT Holdings reports in-line earnings and rising rates in the new year VLCC owner expects any changes in trade flows on geopolitical basis to be 'constructive'
Shock, awe and negotiate: The Donald Trump trade manifesto The biggest tariffs on international trade are threatened by the US president but are yet to land. Let's keep it that way
Costamare bulker platform CBI to adopt more conservative stance Greek outfit says its chartering venture will take a 'balanced approach' going forward
Maersk deploys cash pile for $2bn share buyback as AP Moller Foundation sells direct stake Foundation will still hold major stake in container giant through AP Moller Holding
ADM and Bunge's profits slip on US policy and trade uncertainties Agricultural traders' outlook as unclear as biofuel plans
John Fredriksen's SFL awarded $48m in Seadrill rig redelivery dispute New York-listed outfit to 'carefully review' ruling as appeals date approaches
Crews in crisis: Research reveals 100-hour weeks and no days off World Maritime University figures paint a shocking picture of a workforce exploited by owners and managers
Capesize bulkers enter a new era as bauxite overtakes coal. What next for freight markets? Analysts expect South Atlantic market to become 'more industrial'
UK Chamber issues accolade for promoting maritime career in young people Industry holds 'wealth of opportunities' for youth, says award winner
UK's top court to rule on deadly container ship explosion Hearing over blast on MSC Flaminia in 2012 follows years of legal wrangling over disaster that killed three
Europe will support strong green ambitions at IMO with doubts over US position, says EMSA boss European Maritime Safety Agency highlights need to support green tech development
Iran says US sanctions don't work amid surging January exports Tehran says it 'will not sit idly by' while Washington threatens with 'maximum pressure'
Dark fleet scrapping speculation spikes after Donald Trump hint at Iran dea Many in the market have hoped stricter sanctions could sideline below-board vessels
Cleaves Securities to appeal ruling that cash must be returned to joint venture with Joakim Hannisdahl Oslo court ordered repayment of $400,000 to Cleaves Fund Management
Exmar awaits bonus from Eni as mini FLNG unit exceeds guaranteed production Republic of Congo-based floater gets into its stride
Dark fleet ships anchoring in Danish waters to face greater scrutiny While not singled out by name, authorities in Copenhagen raise concerns about mariner and environmental safety
Navig8 expands tanker pool in deal for two modern MR ships UK operator announces new additions following takeover by Adnoc Logistics & Services
US owner Noble scrapping drillships worth $440m for huge discount Houston company cuts its losses on vessels moved into cold layup last year
Costamare locks in charters worth $330m as year ends on a high But effects of Red Sea normalisation could 'distort supply-demand dynamics' ahead
Baltic Exchange moves into chemical tanker market with new route assessments Aim is to meet evolving needs of a complex freight sector, boss Mark Jackson says
Union Maritime fixes tanker newbuilding to Shell for five years Broker Braemar says owners and charterers remain too far apart on VLCC rate ideas
Trump tariff moves are just the beginning as US adopts 'more expansive' use of trade weapon UK and EU and bigger tariffs could come later amid 'significant shift' in US trade policy
P&O Maritime's Kris Vedat joins start-up SmartSea as tech chief IT expert bolsters team of company aiming to create common interface for shipping, ports and aviation
Arctic Securities sees owners buying shipping bonds in hot Nordic market Good returns and high credit quality attract investors
Chinese owner orderbook tops $123bn, says Veson Nautical Rising demand backed by steep raw material costs and limited shipyard slots
ExxonMobil poised to dive into LNG bunker vessels sector Energy major appears to be ramping up its intent towards 'skyrocketing' sector
ExxonMobil hunts down LNG bunker vessel newbuilding berths Energy major appears to be ramping up its intent towards 'skyrocketing' sector
Dry cargo researchers see wins and slight losses for bulker owners as US and China talk tariffs Consensus is that trade war won't be as dramatic for dry bulk this time
Catastrophic collision sparks Gibraltar calls for compulsory pilotage Accident report says pilot would likely have avoided OS 35 master's navigational error
Erasmus Shipinvest sets up new container division in diversification play John Su-led operator makes move upon taking delivery of its first multipurpose ship
Vitol comes under fire for forecast of unchanged oil demand by 2040 Trader and shipowner releases first oil demand report, but one analyst takes issue with it
Hapag-Lloyd fixes green financing for $4bn order of 24 container ships German line says package has four components, including leasing structures
Elderly steam turbine LNG carrier completes unprecedented reflagging into US fleet Vessel also undergoes a name change as it is linked to major charterer
Tech giant Wartsila's profit jumps after busier shipping markets propel demand Finnish marine group said newbuilding interest and longer routes boosted demand for its services last year
Alfa Laval buys ultrasonic biofouling expert NRG Marine Acquisition as shipping and rule makers focus on biofouling to stop invasive species and improve fuel efficiency
Christen Sveaas-backed offshore venture scraps Oslo bond issue Three Norwegian banks had been working on a five-year deal for Sea1 Offshore
Tanker stocks rally after Trump reimposes 'maximum pressure' on Iran oil exports Arctic Securities believes China will cooperate with the US on Iran exports
Donald Trump threatens to 'drive Iran's oil exports to zero' President says he won't use new measures if Tehran enters talks on nuclear activities and Middle East peace
Joakim Hannisdahl wins compensation case after acrimonious split with Cleaves Securities Norwegian investment bank must now pay former head of asset management $400,000
James Fisher sells product tanker as annual profit beats expectations UK owner offloaded one of its older vessels into Indonesia
Hapag-Lloyd fixes green financing for $4bn order of 24 container ships German line says package has four components, including leasing structures
Stainless Tankers sees profit drop ahead of twin ship sale Oslo-listed chemical tanker owner nearing completion of two vessel sales
Uni-Fuels US IPO raises further $1.26m, drumming up $9.7m in total The Singapore-based bunker trader initially raised $8.4m
No change for now in Red Sea high-risk areas, say insurers Threat of renewed Houthi attacks means shipowners remain wary of any return
DNB shipping loan book rises in fourth quarter as fee income grows Norwegian bank sees 'good activity in most industries'
Asyad Shipping targets additional 30 ships in $2.7bn expansion drive IPO and bank funds will go on tankers, gas carriers and other vessels
Uni-Fuels US IPO raises further $1.26m, drumming up $9.66m in total The Singapore-based bunker trader initially raised $8.4m
Aristides Pittas-linked shipowner sells vintage bulker for recycling Panamax sells for higher than market value as ship recyclers at Chittagong struggle to attract large ships
Vietnamese owner said to have exited tanker sector with latest cut-price VLCC sale Brokers report 2005-built vessel going for much less than current valuations
Sea robberies surge in Singapore Strait Triple the number of attacks so far this year compared to same period of 2024, says ReCAAP
Canada's Purolator buys Livingston to boost cross-border trade capacity Integrated parcel carrier Purolator has become even more integrated with the addition of customs broker Livingston International.
US Postal Service begins accepting parcels from China again The U.S. Postal Service has reversed its decision to stop receiving parcels from China and Hong Kong.
United Airlines leverages small freighter for Puerto Rico pharma exports United Airlines has purchased all the capacity on a northbound cargo service from Puerto Rico to Chicago operated by Global Crossing Airlines to enable faster, more efficient delivery for pharmaceutical customers.
US Postal Service places embargo on parcels from China The U.S. Postal Service has stopped accepting parcels from China and Hong Kong.
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