Cracks in industry support for IMO "Net Zero Framework" carbon tax start to show The International Maritime Organization's Marine Environment Protection Committee will hold an extraordinary session next week (October 14-17) to consider adoption of what IMO calls the "Net Zero Framework" (NZF). It's actually what
ABB tech will be used in SwitcH2 green ammonia production floater ABB has signed a term sheet agreement with Rotterdam-headquartered SwitcH2 to engineer and supply automation and electrification solutions for floating production, storage and offloading (FPSO) unit dedicated to producing green ammonia from
ABB to supply automation for SwitcH2 green ammonia FPSO ABB has signed a term sheet agreement with SwitcH2 to provide automation and electrification solutions for a floating green ammonia production, storage, and offloading (FPSO) vessel. The unit will produce green ammonia from renewable hydrogen to meet future low-carbon marine fuel demand. The FPSO will operate off the coast of Portugal and use renewable electricity from the national grid under a P
Freightos Weekly Update: USTR port fees loom President Trump announced plans for new Section 232-based sectoral tariffs late last month on certain types of furniture imports, pharmaceuticals and trucks to go into effect in October. These moves may be part of White House preparations for the possibility that the Supreme Court will strike down the International Emergency Economic Powers Act-based tariffs which make up the lion's share of the
Port of Hueneme, Port of Paita sign sister port agreement The Port of Hueneme in California and the Port of Paita in Peru have announced the signing of a Memorandum of Understanding (MoU) to establish a Sister Port relationship, aimed at deepening cooperation and promoting sustainable port development. Funded by the U.S. Department of State , the initiative focuses on collaboration in port management, procurement transparency, and green energy projects.
Panama Canal reports FY2025 revenue with surge in transits The Panama Canal reported revenues rose approximately 14.4% in its fiscal year 2025 to $5.7 billion, based on preliminary and unaudited figures, according to Reuters. The canal also reported that vessel transits increased 19.3% year-on-year to 13,404 during the 12-month period ending September 30. Container and liquefied petroleum gas segments drove revenue growth, while bulk carrier traffic cont
Port of Long Beach wins US$20M grant for Pier Wind Project The Port of Long Beach has been awarded US$20 million from the California Energy Commission to advance development of Pier Wind , a proposed 400-acre terminal designed to assemble and deploy floating offshore wind turbines. As the largest recipient of the state's Offshore Wind Energy Waterfront Facility Improvement Program , the Port will match the grant with US$11 million to complete engineering
Global Bunker Indices edge lower in week 41 Following the 41st week, the global bunker indices of MABUX posted a moderate downward adjustment. The 380 HSFO index declined by US$3.38, moving to US$450.25/MT, once again nearing the US$450 threshold. The VLSFO index fell by US$2.47, to US$522.11/MT, while the MGO index registered the sharpest decline of US$8.03, sliding to US$773.29/MT. At the time of writing, early signals of an upward corre
How ports became pawns in geopolitical chess Billions in maritime infrastructure investments reveal a world preparing for fragmented trade and strategic competition
OptiBook set to launch at Patrick Terminals Brisbane Patrick Terminals and OneStop will roll out the new OptiBook container management system at Patrick Terminals - Brisbane AutoStrad on Saturday, 8 November 2025 . The system integrates with the OneStop Vehicle Booking System to enhance operational efficiency and provide greater transparency across the landside supply chain. Patrick Terminals expands hybrid AutoStrad fleet with Kalmar OptiBook give
10 Top Logistics Software Development Companies Today's logistics software companies shape the speed of deliveries, efficiency of fleet routing, and feasibility of your in-house transportation operations. As customer demands grow, you want a company that truly understands logistics workflows, supply chain bottlenecks, route optimization challenges, and domain-unique issues. In this list, we're taking a look at the ten top logistics software de
CEVA Logistics launches Event Logistics Solutions CEVA Logistics has unveiled Event Logistics , a new product line designed to elevate logistics standards in the global events industry. Bringing together the expertise of CEVA Showfreight, B'Infinite, and other recent acquisitions, the new division unites over 30 years of combined experience in fairs and exhibitions. Event Logistics aims to deliver strategic, tailored, and sustainable solutions f
X-Press Feeders strengthens status as top feeder operator X-Press Feeders, the world's largest feeder operator, has further grown its lead over its chief competitor, DP World-controlled Unifeeder. Alphaliner's report today states that since September 2024, the Singapore-pressed X-Press, now the 13th largest operator, has added 22,500 TEU, or 13% to its fleet, which now stands at 190,888 TEU
AD Ports Group and UNDP join forces to drive digital trade AD Ports Group has signed a strategic collaboration agreement with the United Nations Development Programme (UNDP) to accelerate innovation in digital trade, smart logistics, and automated port operations across MENA and global markets. The partnership combines AD Ports Group's expertise in smart port infrastructure, digitalisation, and AI-driven logistics with UNDP's global mandate in governance
The hidden geopolitics behind 2025's shipping surge Global maritime trade is booming but the forces driving it signal trouble ahead for an industry caught between competing superpowers
Patrick Terminals expands hybrid AutoStrad fleet with Kalmar Kalmar has secured a major order for 14 hybrid AutoStrad machines from Patrick Terminals, Australia's leading container terminal operator. The new units will be deployed at the Sydney AutoStrad terminal. The order was recorded in Kalmar's Q3 2025 intake, with delivery set for Q4 2026. Patrick Terminals handles more than 3.5 million TEU annually across four major ports, Brisbane, Sydney, Melbourne
Imabari delivers 64,000 DWT bulk carrier Imabari Shipbuilding has delivered the 64,000 DWT bulk carrier NORSE CONTINUATION from its Shin Kasado Dockyard on October 3, 2025. The new vessel is a Handymax-class bulk carrier built under the Common Structural Rules for Bulk Carriers and Oil Tankers (CSR BC & OT). Each cargo hold features topside and hopper tanks, making the vessel suitable for carrying a wide range of cargo. These include gr
Seagems renews Wärtsilä fleet support deal Technology group Wärtsilä and Seagems, a Brazil-based offshore operator formerly known as Sapura, have renewed and expanded their Lifecycle Agreement covering Seagems' offshore support vessel fleet. The deal, booked in Q3 2025, strengthens the long-term partnership between the two companies and supports Seagems' focus on reliability, efficiency, and sustainability. The renewed agreement reflects
GlobalLogic and IRClass partner to drive industrial AI GlobalLogic, a Hitachi Group company, has partnered with IRCLASS Systems and Solutions Pvt. Ltd. (ISSPL) to accelerate AI-driven digital transformation across key industries. The collaboration targets the Oil & Gas, Marine, Power, Heavy Industry, Automotive, Construction, and Port sectors. Combining Strengths The alliance brings together GlobalLogic's digital engineering and AI expertise with ISS
How industry upheaval forced HMM's eco-vessels order South Korea's flagship carrier orders 12 eco-vessels as alliances, regulations, and Red Sea chaos reshape container shipping
2nd Ship Energy Efficiency Summit The , regulators, and technology experts to discuss ways to reduce emissions and improve energy efficiency. With the IMO's 2030 and 2050 targets approaching, the summit is a key opportunity to learn about new solutions, regulations, and partnerships that can help make shipping more sustainable. Following last year's success, this edition will focus on reducing maritime emissions, onboard carbon
Chomex Marino orders two Damen offshore support tugs Damen Shipyards Group has signed a contract with Chomex Marino to build two Offshore Support Tugs (OST) 120. These tugs were developed to meet the operational requirements of Woodside Energy. The new vessels will support deepwater operations in the Gulf of Mexico, enhancing regional offshore capabilities. The 67-metre vessels, each with a bollard pull of 120 tonnes and 250m² of deck space, will b
Daehan Shipbuilding secures eight Suezmax tanker orders Daehan Shipbuilding has reinforced its dominance in the Suezmax crude oil carrier segment, signing another contract on September 30 with a shipping company based in Oceania-its second order in as many days. According to industry data, ten Suezmax-class crude oil carriers were ordered globally in September, with Daehan Shipbuilding capturing eight of them within just ten days. The achievement high
Port service cutter has been built in Port of Riga Engineering solutions companies SIA "Belss" and SIA "Anytec Productions, have developed a special multifunctional cutter designed for port service operations in the port of Riga. This represents the first project of its kind implemented in Latvia, and it was officially commissioned this week to serve the Port of Salacgriva. The initiative marks a significant milestone in Latvian shipbuilding, dem
StormGeo adds Imarex Traffic Light to Bunker Platform StormGeo has upgraded its s-Insight Bunker Management platform with Imarex Technology's Traffic Light System. The integration gives shipping companies a single, streamlined solution for smarter bunker procurement decisions. StormGeo's platform already covers the full bunker lifecycle, including planning, optimization, RFQ handling, documentation, and claims. With Imarex's predictive Traffic Light
Jan De Nul to install export cables for offshore wind farm in Taiwan Belgian marine contractor Jan De Nul has signed a contract with Synera Renewable Energy (SRE) for the installation of export cables on the Formosa 4 wind farm off Taiwan. According to a statement from the company, it will transport, install, and protect 60 km of subsea cables. Jan De Nul was also selected as the ...
New venture sets out to deliver bankable retrofit projects A new venture has launched, aiming to help shipowners turn decarbonisation strategies into bankable retrofit and conversion projects. Navigate Shipping Partners (NSP), based in London, describes itself as a "one-stop shop" for vessel upgrades and energy transition projects - combining technical, engineering, and financing expertise under one roof. Led by sustainability specialist Emrah Durusut, t
Larsen & Toubro charters ABS Marine platform supplier India-based ABS Marine Services has signed a charter party agreement with compatriot engineering conglomerate Larsen & Toubro (L&T) for one of its platform supply vessels (PSV). The contract is for 120 days firm, with L&T having the option to extend the charter for an additional 56 days. The scope of work under the contract is ...
Snam targets Higas acquisition to develop Oristano FSRU in Sardinia Italian state-controlled gas grid operator Snam has signed an exclusivity agreement with the shareholders of Higas, paving the way for the potential acquisition of 100% of the company and the conversion of its existing LNG coastal storage facility in Oristano into an FSRU. Once completed, the Oristano FSRU would allow regasified natural gas to be ...
Alternative lender Hudson Structured raises $719m for ship finance US alternative financier Hudson Structured Capital Management (HSCM) has raised $719m for its latest shipping vehicle, marking the Connecticut-based firm's largest maritime fund to date. The new fund, Hudson Northern Shipping Fund V (HNSF V), exceeded its $700m target, underscoring continued investor appetite for ship finance outside traditional banking channels. Based in Stamford, HSCM said ...
Shell exec warns US offshore wind policy threatens oil and gas investment Energy supermajor Shell has warned that the Trump administration's recent actions against permitted offshore wind projects could have broader implications for investor confidence across the entire US energy sector, including oil and gas. Speaking to the Financial Times, Shell's US president Colette Hirstius said that blocking fully permitted offshore wind projects "sends a very damaging ...
South Carolina Ports names new president and CEO The South Carolina Ports Authority (SC Ports) has appointed Micah Mallace as its next President and Chief Executive Officer, following a unanimous vote by the port's board of directors. Mallace returns to SC Ports after more than a decade in the maritime and logistics sector, including an earlier 11-year stint with the authority from 2011 ...
Europe's top ports gridlocked by strikes Container operations at Europe's largest port, Rotterdam, have come to a standstill as lashers began a 48-hour strike on Wednesday afternoon to demand higher wages, while harbour pilots' protests in neighbouring Antwerp-Bruges continue to disrupt marine traffic. Dutch union FNV said workers at International Lashing Services and Matrans Marine Services - the two lashing firms ...
Industry splits ahead of historic IMO vote on Net Zero Framework As the IMO prepares to decide shipping's most consequential climate measure in decades, a rare show of unity from leading shipowner associations faces opposition from the likes of John Fredriksen, Greek giants, leading class societies and Washington. With days to go before the International Maritime Organization's (IMO) extraordinary session on the Net Zero Framework (NZF), ...
NAPA: Integration is shipping's new superpower Shipping's decarbonisation drive won't be defined by one big breakthrough, according to Mikko Kuosa, CEO of Finland-based software company NAPA. Instead, the focus is shifting to combining proven technologies and tailoring solutions to fit specific vessel types and trades. "There will not be a single silver-bullet solution," Kuosa tells Maritime CEO. "Different permutation and combinations ...
British university sets out to turn seawater into ship fuel London's Brunel University is teaming up with startup Genuine H2 to pilot a system that splits seawater into hydrogen onboard ships. The concept is to feed seawater through electrolyzers, extract pure hydrogen, store it on ship, then use it as a clean-burning fuel. Brunel's project intends to store hydrogen safely, and run the system continuously ...
Fix your propulsion course even in uncertain waters Emmanuel Schalit, CEO of OceanWings, discusses some of the ramifications from the upcoming MEPC83 meeting, whether new amendments are adopted or not. The International Maritime Organization (IMO) could formalise its Net-Zero Framework, a new regulatory chapter in global shipping next week. If adopted at MEPC Extraordinary Session 2 (ES.2), this set of amendments to ...
Houthis' UN-purchased tanker takes more Russian oil in undercover delivery The Houthis continue to use a tanker purchased by the UN in 2023 to avert an environmental disaster off Yemen...
Marshall Islands takes Heroic Idun case to ITLOS Flag state challenges Equatorial Guinea on 2023 arrest
Gas engine tech cuts methane slip by 98% in sea trial Trials will continue into 2026, with implementation planned for 2027
Human Rights at Sea returns six months after closure The charity closed in April 2025 due to a lack of funding, but will return with a 'renewed structure and...
Shipowners don't have unlimited choice of repossession ports, Court of Appeal rules Charterers can hand back ships where they are, Lord Justice Phillips finds
Liner majors to sign up for more big boxship orders Major container lines are expected to further boost existing orderbooks with yet more alternative-fuel capable containerships
Strikes reignite congestion at key North European ports Industrial action from lashing companies in Rotterdam and pilots in Antwerp-Bruges expected to cause severe delays and significantly impact vessel...
Hong Kong vows to defend maritime hub status and strengthen ship registry amid geopolitical headwinds Escalating geopolitical pressure pushes Hong Kong to accelerate its maritime strategies
Falling attack costs help fuel rising cyber risk at ports Large ports are fending off tens of millions of attacks per month. Only one needs to be successful for cargo...
The Daily View: It's the geopolitics, stupid
Daily Briefing Eagle S decision highlights zero legal protection for subsea infrastructure | VLCC spot rates fall back to Earth after September...
Norfolk Southern tweaks international services from West, East coasts The overhaul marks the latest in a series of network shakeups among North American railroads competing for international intermodal freight.
Tumbling rates on trans-Pacific, Asia-Europe drag down OOCL Q3 revenue The carrier's operational update did not provide profit and loss figures, but the declining revenue is an indication of tough times ahead as liners sail into their financial reporting season.
Project cargo shippers urge shakeup for inconsistent carbon costs A lack of transparency in carbon pricing from carriers is frustrating breakbulk shippers, while the industry must strike a balance that supports environmental goals without undermining the sector's ability to function.
Connectivity the key to bypassing hurdles in truckload appointment scheduling A range of vendors have emerged in recent years with a singular focus on improving coordination of truckload arrivals, keying on load prioritization and performance metrics.
ExxonMobil confirms its first moves on LNG bunker vessel newbuildings Energy major signs multi-year deals on Avenir and Evalend ships delivering in 2027 and eyes further expansion
Stabilis Solutions to build out US LNG bunkering terminal and vessel after bagging customer Port of Galveston liquefaction facility due to be in operation by the end of 2027
Cleaning out? Market weighs reports of $1bn deal to make John Fredriksen's Frontline crude again Greece's private Thenamaris linked to 18 LR2 tankers in unconfirmed transaction
Trump administration targets 'Iran's energy export machine' with sanctions against dozens of ships Treasury Department also blacklists fourth Chinese terminal for taking Iranian oil
Ostergaard family's USTC takes sole control of biomass company Danish group buys last 11% of producer it did not already own
Sanctions, sustainability and cyber security written in as Norway launches new standard shipbuilding contract Updated version designed to make building ships safer
Performance Shipping breaks into suezmaxes with Top Ships tanker buy Modern crude tanker pair changes hands in acquisition by Greece-based, US-listed owner
Huge Fortescue bulker lost power due to faulty pressure switch, probe finds Interim report in Australia dismisses media reports of grounding
Why millions of people are watching this maritime history professor's YouTube shipping channel Academic-turned-influencer gives context to shipping news
Harry Vafias tanker and bulker spin-off to double share count in deal with Aegis Corp Dilutive offering will raise $2m for Nasdaq-listed C3is
OOCL revenue slumps further on back of China-US trade war Volumes up but revenues sink, reflecting plunging container freight rates
Penny drops for investors: Scorpio and Frontline lead tanker stock charge as scale counts on Wall Street Tanker shares surge as product carriers play catch-up with VLCCs
Low-profile Dubai operator emerges behind Europe's first blue ammonia shipment StreamOne Shipping confirms its LPG carrier Oceanic Star lifted Trafigura's pioneering cargo
Polys Hajioannou takes over as president of shipowners' union in Cyprus Principal of Safe Bulkers succeeds Cyprus stalwart Andreas Hadjiyannis, who served three terms
Adnoc plots $43bn dividend handout from listed companies Payments from operations including Adnoc L&S will run to 2030
Greek shipowner Andreas Martinos jumps into newbuilding slots passed up by Arne Blystad Minerva Dry places order for its largest feeder container ships
Western Bulk Chartering growth plan kicks off with new office in Australia Base comes with hire from rival operator
Wallenius Sol signs up to Gasum FuelEU Maritime pool Nordic energy supplier moves into sales mode for remaining compliance capacity for 2025
Pakistan state shipowner in the market to buy up to 12 tankers, with first deals pending PNSC is already in talks for two modern aframaxes
Molgas sets sights on wider European LNG bunkering market and beyond with Titan buyout New equity injection set to bolster Dutch fuel supplier's finances for growth in fleet and bio-LNG deliveries
Thenamaris tanker brings Venezuelan oil to US east coast after six-month gap as Chevron resumes shipments Aframax Sealeo reported to have discharged Boscan crude in Paulsboro
Stability in an uncertain environment: Stolt-Nielsen stock jumps after Norne upgrades shipowner Analyst raises target price to NOK 375 from NOK 360
Taiwan refineries ready to stop shipping in Russian naphtha, minister says Government comes under fire for continued business with Putin administration
Oil on tankers hits highest level in two years amid production ramp-up The world may be heading for a period of oversupply, analysts warn
Shipping rates may dodge port fee bullet from Donald Trump Vessel swopping, redeployment likely to emerge for bulkers
Shipbrokers run the rule over retreating tanker rates in 'sensitive and fragile' market Greek broker Allied QuantumSea crunches the numbers at the three-quarter stage of 2025
Songa Group wins battle over costs of returning chartered tanker after Mexican standoff Product tanker was arrested in 2021 in dispute over who paid for its return after terminated time charter
Credit fund sees 'strong outlook' for tankers as it buys International Seaways bond Fund sees limited downside with tight balance between supply and demand
Oslo hedge fund exits Hafnia and Subsea 7 after 'solid return' Sissener Canopus cut stock market exposure in September
Stolt-Nielsen issues new $150m bond as chairman puts in his own money Deal 'attracted broad investor interest and was significantly oversubscribed'
Singapore-listed yard group ASL Marine gets approval for share issue Company wants to broaden its shareholding base to improve liquidity
Shipping rates may dodge the US port fee bullet, says Bimco Vessel swopping, redeployment likely to emerge for bulkers
Time to scrap ineffective and potentially dangerous sanctions, bulker boss Khalid Hashim says Thai company's managing director believes Western measures are counterproductive
Maersk 'closely' monitoring Red Sea for eventual return to Suez Canal, says diplomat A Danish diplomat said shipping giant Maersk is closely following events in the Middle East as it eyes a return to the Suez Canal.
Tariffs cause some China imports to crash 44% in September September import data shows resilient demand despite tariff effects that caused steep declines in a number of key goods categories.
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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