BMT and Penguin deliver next-gen MFV-R fire and rescue vessel BMT and Penguin Shipyard International have delivered Blue Dolphin, the first of two next-generation MFV-R marine fire and rescue vessels developed in close partnership with the Singapore Civil Defence Force (SCDF). Purpose-built
Houthis claim they have sunk bulker Magic Seas The 22 crew of the 2016-built, 63,000 dwt Liberian-flag bulker Magic Seas were today reported safely rescued after an attack 51 nautical miles southwest of Al Hudaydah, Yemen, by multiple small vessels
USCG gets $25 billion One Big Beautiful Bill boost The U.S. Coast Guard has welcomed the nearly $25 billion investment in the service included in the One Big Beautiful Bill Act - marking the largest single commitment of funding in the
Chittagong's largest box terminal now operated by Bangladesh Navy Amid severe protests against a move to handing over operational task of Chittagong's largest terminal, the New-mooring Container Terminal (NCT), to Dubai-based DP World, the government now decided to run the terminal by Bangladesh Navy, instead of current operator
Container truck loses balance amid Typhoon Danas A container truck driver escaped unhurt after his vehicle fell on its side amid strong winds resulting from Typhoon Danas today (7 July). Around half past midnight, the truck was driving along National Highway 1 when its driver lost control of the vehicle due to the gales
Sea-Intelligence reports increase in global schedule reliability Sea-Intelligence has published issue 166 of the Global Liner Performance (GLP) report , with schedule reliability figures up to and including May 2025. As the 120-page report is quite comprehensive and covers schedule reliability across 34 different trade lanes and 60+ carriers, this press release will only cover highlights from the full report. Source: Sea-Intelligence.com, GLP Report, issue 166
HD Hyundai expands global tie-up with Cochin Shipyard HD Hyundai, South Korea's largest shipbuilding group, is teaming with India's largest state-owned shipbuilder, Cochin Shipyard, to enter the South Asian country's nascent shipbuilding industry. On 4 July, HD Hyundai's subsidiary, HD Korea Shipbuilding & Marine Engineering, signed a memorandum of understanding (MoU) with Cochin Shipyard
Cavotec secures €5 million MoorMaster deal Cavotec has landed a €5 million contract to supply its cutting-edge MoorMaster® automated vacuum mooring system to a container terminal in Morocco. This is a significant step in the company's ongoing expansion into North Africa's maritime infrastructure. The deal marks Cavotec's second MoorMaster installation in Morocco and comes with a two-year service level agreement. Delivery is expected in Se
European Economies Record Mixed Q2 Results In the second quarter of 2025, European countries showed mixed performance in the UNCTAD Liner Shipping Connectivity Index (LSCI), which benchmarks global maritime connectivity. Several countries saw declines: Italy dropped 1.4% to 283.5 points, France 0.4% to 265, Portugal 4.7% to 176, Sweden 6.6% to 113, Malta 4.6% to 105, Denmark 1.9% to 87, Slovenia 1.6% to 76, and Croatia 0.4% to 60. Convers
Oregon approves US$100 Million for Pacific Coast Intermodal Port In a major win for Oregon's South Coast, the state legislature has approved US$100 million in bonding support for the Pacific Coast Intermodal Port (PCIP) project, a move that cements the region's growing role in the future of US trade and freight logistics. The PCIP project will establish a modern, ship-to-rail container terminal that connects southwest Oregon to international markets and enable
Damen to deliver ASD tug to Port Marlborough Damen Shipyards Group has signed a contract with Port Marlborough New Zealand (PMNZ) for the delivery of an ASD Tug 2312, further strengthening PMNZ's growing and modern towage capabilities in Picton Harbour. This marks the second collaboration between Damen and PMNZ, following the 2024 delivery of the ASD Tug 2111 Kaiana. With the arrival of the new tug, PMNZ will operate New Zealand's newest to
Hai An launches new service to Lianyungang Port Hai An Transport and Stevedoring Joint Stock Company launched a new direct container shipping service to Lianyungang Port, China, marking a significant step in the company's international expansion and reinforcing its position in the Intra-Asia shipping market. The new ECX service connects, Ho Chi Minh City - Hai Phong - Lianyungang - Hai Phong - Ho Chi Minh City, with a fortnightly frequency. Th
NSW Ports Launches 2025 Sustainability Strategy NSW Ports has unveiled its 2025 Sustainability Strategy, outlining a focused plan to drive environmental stewardship, business resilience, community wellbeing, and sustainable trade growth. The strategy builds on the successful completion of the 2022 plan, where all outlined initiatives were achieved. At the heart of the new strategy are four key Sustainability Priorities: Championing environment
Freeport of Monrovia launches 24-Hour marine operations The Freeport of Monrovia has officially launched 24-hour marine operations, marking a turning point for Liberia's maritime and logistics sector. Through a strong partnership between the National Port Authority (NPA), APM Terminals Liberia, and the Liberia Maritime Authority (LiMA), the port now enables nighttime vessel navigation, a first in the country's post-conflict history. This landmark deve
Unifeeder launches new India-Med Service Unifeeder has announced the launch of its new India Med Service (IMD), marking a significant expansion into Northern Egypt and Türkiye. The new route strengthens connectivity between the Indian Subcontinent and the Mediterranean, creating more efficient trade corridors and broader access across key markets. The IMD service, which kicked off eastbound on July 5, will operate on a 42-day rotation a
Exclusive interview with Harrison Nguyen, Business Development Manager at Realtime Business Solutions In this exclusive interview, Container News Managing Editor Antonis Karamalegkos speaks with Harrison Nguyen, Business Development Manager at Realtime Business Solutions (RBS). Harrison Nguyen shares his insights about terminal operations systems evolution, and how RBS new product contribute to terminal operation improvements. Harrison Nguyen, Business Development Manager, Realtime Business Solut
Klaipeda begins construction of new modern cruise terminal Construction has officially begun on Klaipeda's new Cruise Ship Terminal, with the first metal piles arriving by sea from Antwerp. The project aims to transform the port into a vibrant, welcoming space that boosts cruise tourism and reconnects the city with its maritime roots. "This terminal is more than infrastructure - it's a new gateway between the city and the sea," said Algis Latakas, CEO of
Davies Turner partners with Manitoulin Davies Turner has entered a strategic partnership with Manitoulin Global Forwarding (MGF) to expand and enhance its ocean freight services between the UK and Canada. Effective July 2025, the collaboration will improve service reach, transit speeds, and supply chain efficiency across both countries. This move aligns with Canada's decision to ratify Britain's accession to the Comprehensive and Prog
TTI Algeciras Submits €150M Expansion Plan TTI Algeciras has submitted its official expansion project for Phase B of Isla Verde Exterior to the Port Authority of the Bay of Algeciras (APBA), outlining plans to add 160,000 square meters to its terminal footprint. The €150 million investment will increase the terminal's capacity by up to 500,000 TEU, raising its annual handling potential to 2.1 million TEU. As part of the plan, the terminal
Rhenus Türkiye recertified for CEIV Pharma Rhenus Türkiye has renewed its CEIV Pharma certification from the International Air Transport Association (IATA), reaffirming its dedication to the safe and compliant transport of temperature-sensitive pharmaceutical products. The certification positions Rhenus Türkiye among a select group of logistics providers in the country operating at the highest international standards. Since entering the p
Moshe ZUK: Building Boldly, Leading Quietly You won't see Moshe ZUK flooding your feed with flashy quotes or TED Talk moments. But make no mistake, when Moshe moves, industries shift. From the sidewalks of Kfar Saba to investment meetings across Europe and the Middle East, Moshe ZUK has carved a path most entrepreneurs only dream of, not by chasing the spotlight, but by building where it matters most. This is not a story of overnight succ
IMO launches overhaul of safety code to tackle seafarer fatigue and harassment The International Maritime Organization (IMO) is stepping up efforts to address critical seafarer issues,including fatigue, work and rest hour imbalances, and onboard harassment, through a major overhaul of the International Safety Management (ISM) Code. During its 110th session in London (18-27 June), the IMO's Maritime Safety Committee (MSC) approved a comprehensive revision of ISM Code impleme
GCMD completes first full CO2 capture & utilisation at sea The Global Centre for Maritime Decarbonisation (GCMD) has successfully completed the world's first maritime demonstration of a full end-to-end value chain for onboard carbon dioxide (CO2) capture. The pilot concluded on June 25, 2025, in China, marking a significant step forward in connecting maritime decarbonisation with broader carbon utilisation infrastructure. The project unfolded in two key
Tsuneishi Shipbuilding acquires Mitsui E&S Shipbuilding Tsuneishi Shipbuilding Co., Ltd. has officially acquired 100% of the shares in Mitsui E&S Shipbuilding Co., Ltd., making the company a wholly owned subsidiary. The strategic move marks a significant milestone in the ongoing partnership between the two companies, which first entered into a capital alliance in October 2021. In conjunction with the acquisition, Mitsui E&S Shipbuilding has been renam
Imabari Shipbuilding delivers "ONE SINGAPORE" Imabari Shipbuilding has announced the delivery of the ONE SINGAPORE , a 13,900 TEU-class containership, from its Hiroshima Shipyard on June 30. The vessel was constructed for Ocean Network Express (ONE) and marks another addition to the company's growing fleet of high-efficiency container carriers. The ONE SINGAPORE boasts a container loading capacity of approximately 13,932 TEU, including accom
Heidmar enters ownership space with first boxship acquisition Athens-based pool operator and shipmanager Heidmar has announced its first-ever vessel acquisition, marking a strategic shift in the Nasdaq-listed company's evolution from pure-play management to asset-backed operations. The Pankaj Khanna-led outfit has struck a deal to buy the 2008-built 1,702 teu feeder containership A Obelix for $25.25m. The vessel, acquired from Evangelos Marinakis' Capital S
Danes press ahead with project to ship CO2 in containers Danish firm DecarbonICE is looking to develop a full CO2 transport value chain with the gas in solid form, otherwise known as dry ice. The company wants to show the benefits of this kind of transfer compared to transporting CO2 in liquid form in pressurised cryogenic tanks. Dry ice would be transported in pellet form ...
New maritime electrification alliance out to change zero-emission game Four maritime associations have launched the Global Alliance for Maritime Electrification (GAME), a coalition of nonprofit organisations looking to accelerate the electrification of maritime transportation. The new alliance will initially focus on inland, nearshore, and commercial vessels and push for zero-emission solutions through coordinated research, policy advocacy, and industry collaboratio
Trump's tariffs delay fuels shipping uncertainty The global shipping industry is grappling with heightened uncertainty following further tariff announcements from president Donald Trump. Initially set for July 9, the deadline for implementing increased tariffs for most of the world bar China, Mexico and Canada has been extended to August 1. This extension aims to provide additional time for negotiations with countries ...
Russia downplays ammonia leak in wake of StealthGas tanker blast at Ust-Luga An explosion aboard the Greek-owned LPG carrier Eco Wizard at Russia's Ust-Luga port triggered an ammonia leak, prompting the evacuation of the 23-person crew and an emergency response operation. The Russian Transportation Ministry confirmed the incident on Sunday, describing it as a "minor leak," but reports indicate the blast was significant enough to halt port ...
CMA CGM steps up expansion of media network CMA CGM Group chairman and CEO Rodolphe Saadé is charting a new course in the global media landscape, with CMA Media entering exclusive talks to acquire Brut., the fast-rising digital-native media outlet known for its dominance on platforms like TikTok, Instagram, and YouTube. Already a minority shareholder in Brut. for two years, CMA Media seeks ...
HD Hyundai partners with India's largest shipyard South Korea's largest shipbuilder, HD Hyundai Group, has inked a deal with India's state-owned Cochin Shipyard Ltd. (CSL), marking a strategic step to grow its presence in emerging shipbuilding markets. The memorandum of understanding, signed on Sunday, sees the two shipbuilding giants join forces to collaborate on vessel design, technical cooperation, equipment sourcing, and advanced ...
Red Sea crisis escalates as crew evacuate bulk carrier attacked by drones The Magic Seas, a Liberian-flagged, Greek-owned, 63,301 dwt bulk carrier, was severely damaged in a coordinated maritime assault off the coast of Yemen on Sunday, marking the first Houthi attack on merchant ships this year, and setting back any plans for a significant return of the global merchant fleet to the Suez Canal. The crew ...
Israel targets seized Galaxy Leader in latest Yemen airstrikes The Israel Defense Forces (IDF) have confirmed they targeted the Galaxy Leader, a commercial car carrier seized by Houthi forces in late 2023, during a series of coordinated airstrikes on Yemeni ports and infrastructure early Monday. The Galaxy Leader, held at Ras Isa port, was reportedly struck after Israeli intelligence identified the vessel as housing ...
Tanker explodes off Indian port A serious maritime incident occurred off the Indian port of Kandla on Sunday afternoon, as the Hong Kong-flagged product tanker Fulda suffered a fire and explosion while en route to Port Sohar, Oman. The blast, which occurred during gas-freeing operations, triggered an emergency evacuation of all 21 crewmembers and prompted an extensive response from Indian ...
Two seafarers missing and two injured after Houthis strike another ship The Houthis have attacked a second vessel in as many days, hitting the handysize bulker Eternity C on Monday, with...
Exclusive: How a UN-purchased tanker became a Houthi floating storage facility for Russian oil A VLCC acquired by the UN for $55m to prevent a massive oil spill off Yemen is essentially being used...
House Republican calls on USTR to retaliate against IMO carbon tax The Republican vice-chair of the House Ways and Means Committee has asked the US Trade Representative to treat new IMO...
Four arrested as Dutch authorities investigate suspected shadow fleet supplier Two directors and two managers were arrested on July 1 in an investigation by the Dutch Public Prosecution Service
Limpet mine attack suspected cause of StealthGas blast All 23 crew are reported safe and the liquid ammonia spill caused by the blasts is 'minor' and under control...
The half-year outlook 2025: Tankers Lloyd's List senior reporter Greg Miller analyses the first six months of the year for the tanker market and offers...
Boxship tonnage providers resisting rate discounts for 2026 forward fixtures Boxship charter rates remain firm despite global trade uncertainties with average charter rates for feeder tonnage up by up to...
The week in charts: Timor-Leste joins list of fake registries taking in sanctioned tonnage | Ras Isa vessel queue dissipates | Container fires remain significant hazard Timor-Leste confirmed as the latest in a recent rash of new fraudulent registries being used by sanctioned vessels; The long queue...
Container carriers slash transpacific capacity as rates sink Transpacific shipping lines have slashed capacity as spot rates plunge and shippers pull back, with ongoing US tariff uncertainty disrupting...
The week in newbuildings: Ordering activity slows down Orders for 10 containerships and three VLCCs recorded in quiet week for newbuilding contracts
The Daily View: Coming to a war near you
South Korea and India's top shipbuilders to forge landmark alliance amid global maritime shift Partnership could offer HD Hyundai a pathway into the Indian market, while enabling Cochin Shipyard to advance India's national maritime...
Israel strikes Houthi targets including hijacked Galaxy Leader Latest strikes on Houthi targets come just hours after the first Houthi attack on commercial shipping since December 2024
Daily Briefing Ras Isa vessel queue dissipates amid sanctions and security threats | US designates 12 tankers and Iraqi terminal in first...
USTR plan to tax ro/ro ships exceeds statutory authority: stakeholders A plan to tax vehicle carriers $14 per net ton for each US port call will raise consumer costs and reduce the number of ports served, shipping executives warned Monday.
Oregon earmarks funds for proposed Coos Bay terminal The just-concluded legislative session also puts aside emergency funding for Port of Portland which is generated via lottery sales.
USTR plan to tax ro-ro ships exceeds statutory authority: stakeholders A plan to tax vehicle carriers $14 per net ton for each US port call will raise consumer costs and reduce the number of ports served, shipping executives warned Monday.
Hapag-Lloyd megaships serve West Africa via Tanger Med hub Instead of its 24,000 TEU ships making direct calls at West African ports, Hapag-Lloyd's main Mediterranean hub is being used as a key transshipment point for Asia-Africa services.
Container capacity from Asia to east coast of South America loosens significantly Carriers are pulling back on their blanking campaigns on the Asia-ECSA lane in July, after two months of blanking campaigns largely neutralized capacity additions to the lane.
Trump pushes back tariff deadline while ratcheting up levy threats Major trade partners South Korea and Japan face 25% tariff and retaliation warning
Two seafarers missing after Houthis strike second Greek bulker Two seafarers injured in RPG and drone attack
Houthi-struck Greek bulker has sunk in the Red Sea, Yemeni rebel group claims If confirmed, the Magic Seas would be the third vessel lost from militant group's action
Eyes shift to Europe as global container volumes hit new record levels Freight rates from Asia to Europe pick up after volumes hit all-time high
ITF set for first strike in history with a warning - high salaries can't continue Transport union makes its case for cuts after London staff vote to walk out
Safe Bulkers stands out as DNB takes differing views on dry cargo giants Genco cut to 'hold' and questions asked about new Saverys vehicle's dividend payments
Houthis confirm attacking Greek ship with ballistic missiles and aircraft Militants target a commercial ship for the first time this year
Samsung Heavy snares $637m contract on second Eni Mozambique floating LNG unit Battle for big-ticket floater berths hots up
HD Hyundai inks tie-up with Indian yard as part of Narendra Modi's global shipbuilding ambition 'More than a business deal,' says South Korean yard group of Cochin accord
Pankaj Khanna-led Heidmar moves into shipowning with deal for Marinakis container ship CEO says transaction marks important milestone for manager and pools player as it moves beyond tankers and bulkers
BRS casts doubt on flood of VLCCs cleaning up for product cargoes Broker's head of research Andrew Wilson asks if other tankers will follow Okeanis vessel in lifting gasoil
Uni-Tankers liability limited to $4.3m after 'unintentional' cable damage by tanker Danish operator says anchor was released unexpectedly off Bornholm in 2022
BRS casts doubt on flood of VLCC cleaning up for product cargoes Broker's head of research Andrew Wilson asks if other tankers will follow Okeanis vessel in lifting gasoil
Fresh Opec production hike buoys tanker rate outlook More and more barrels out of the bloc are expected to boost rates eventually
Cambiaso Risso poaches Swedish Club veteran to spearhead expansion in Asia Italian insurance broker is also expanding its shipbroking activity in Greece
Ex-Trafigura capesize chief Michael Gardiner to head up Braemar dry cargo team in Asia Gardiner has deep experience within capesize segment, having previously been Vale's head of chartering
World Shipping Council urges US to drop port fees on foreign-owned and built vessels US exporters and consumers would incur higher costs, but Chinese shipbuilding will not be affected
Erasmus grabs largest container ship to date as it continues to expand fleet John Su-led company remains true to its word of growing boxships portfolio
Trump's tariff deadline pushes Asia towards dealmaking table US president will send out 12 letters on 7 July, one of which is expected to be heading for Japan
Safe Bulk stands out as DNB takes differing views on dry cargo giants Genco cut to 'hold' and questions asked about new Saverys vehicle's dividend payments
Geogas to test huge kites in latest wind power play LPG owner moves ahead with wind propulsion project
European Maritime Finance hires shipping veteran Klaus Kjaerulff as new chairman Danish company says experienced executive will help strengthen its strategic direction
Star Bulk stands out as DNB takes differing views on dry cargo giants Genco cut to 'hold' and questions asked about new Saverys vehicle's dividend payments
MOL-Karadeniz partnership goes digital with plan for floating data centre Innovative offshore facility is set to start operations in two years
Idling FSRU sublet snapped up by Egypt as it adds fifth unit to arsenal of import vessels German sublet regasification unit heads towards Jordan while delays dog German project
ITF workers to strike for first time ever over job losses and executive pay More than 100 staff vote for industrial action
Cypriot shipowner SMT sells ageing aggregates carrier for recycling in India Meanwhile, an Indonesian owner has had to accept a discounted price to send bulker to Bangladesh
MPC Container Ships stock gains after major owner buys $25m shares MPC Capital raises its stake to over 20%
George Economou's TMS says 'explosive device' used in tanker attack as it denies shadow fleet links Greek operation says it is fully committed to all international sanctions
Major fire breaks out on former Libyan storage tanker during scrapping Blaze hits the Sloug in the port of Aliaga in Turkey
Tanker exports from Ecuador halted after storms force closure of pipelines Pumping suspended after erosion fears grow in South American country
Braemar bosses pocket options for stock worth $1.2m London-listed company says awards made under long-term incentive plan
Explosion rips through product tanker with crew forced to abandon ship Hong Kong-controlled Fulda was en route to Oman when blast hit
'Operational friction': Fuel quality uneven after sulphur rules tighten in Med, Navig8 bunker company says Integr8 Fuels also notes crash in VLSFO sales in new emission control area
Morten Astrup's credit fund buys Tidewater and Ocean Yield bonds Storm Bond Fund rose 1% in June
StealthGas ship hit in Russia by mystery blast Incident poses no environmental risk but adds to string of unexplained blasts with possible Ukraine background
Four arrested during probe into suspected shadow fleet supplier Homes and a business were searched and €65,000 recovered during the operation
Morten Astrup's credit fund buys Tidewater and Ocean Yield bonds Storm Bond Fund rose 1.1% in June
Pakistan opens loophole to allow scrap-bound ships onto the beach However, permission to beach ship will only be given to handful of yards close to achieving Hong Kong Convention certification
Cypriot shipowner SMT sells ageing aggregates carrier for recyclingin India Meanwhile, an Indonesian bulker owner has had to accept a discounted price to send its vessel to Bangladesh
MOL-Karadeniz partnership goes digital with plan for floating data center Innovative offshore facility is set to start operations in two years
Mike Meade's M3 Marine celebrates 20 years of proving the sceptics wrong Founder of broking and consultancy company credits long-serving staff for its success
StealthGas ship hit in Russia in mystery blast causing ammonia leak Incident poses no environmental risk but adds to string of unexplained blasts with possible Ukraine background
Italy shipbuilder appoints new US chief Italy-based Ficantieri has a new U.S. chief as it becomes the latest shipbuilder to align with the Trump administration's aim to revive domestic capacity.
Crowley adds new U.S. Northeast ocean service with Central America Crowley is expanding its Northeast Atlantic container vessel services to include a key bi-state destination in the U.S. Northeast.
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