U.S.-flag tanker Stena Immaculate on fire off U.K. All crew aboard the U.S.-flagged tanker Stena Immaculate are safe, the BBC quotes Stena Bulk president and CEO Erik Hånell, as saying. According to multiple reports citing on-line tracking data, the ship
MAN 175D picked to power DOF Sea Dragon OSV newbuild Poland's Crist Shipyard has ordered six MAN 12V175D variable speed gensets in connection with the construction of an OSV (offshore support vessel) for DOF. Provisionally named Sea Dragon, the OSV is set
PSA withdraws from Tuticorin three years ahead of schedule India's PSA Sical, a joint venture of PSA (62.5%) and local Sical (37.5%), has withdrawn prematurely from its concession to operate Berth 7 at Tuticorin, which was supposed to end in 2028, according to DynaLiners report. The decision is attributed to a decrease in container volumes, high contractually mandated royalties, and a lack of infrastructure support from the port authority, according to D
Container Bars: A Creative and Sustainable Trend in Modern Design Container bars are an innovative and sustainable trend in modern architecture and design, repurposing shipping containers as the core structure for bars and casual eateries. Made of durable steel, these containers are retrofitted to create functional and stylish spaces. The charm of container bars lies in their industrial aesthetic, featuring corrugated metal surfaces, large open windows, and ret
Hapag-Lloyd's HGT acquires majority stake in French port operator Hapag-Lloyd's Terminal & Infrastructure division Hanseatic Global Terminals (HGT) has completed the acquisition of 60% of the shares in CNMP LH, the operator of the Atlantique container terminal in Le Havre, from Seafrigo Group. The remaining 40% of the shares in CNMP LH will continue to be held by Seafrigo Group, a company specialized in temperature-controlled food logistics. The contracting par
Landlocked Hungary breaks ground on terminal construction in Italy Landlocked Hungary has begun construction on its own sea terminal in Trieste, Italy, located approximately 200 kilometers from its nearest border. The first phase of the 278,000 TEU Adria Port project includes a 250-meter quay, with plans to extend it by an additional 400 meters in the future. According to DynaLiners report, the project is now expected to be completed by 2028, two years later tha
Major container lines reshape Far East service networks Several box carriers have announced changes in their Far East service networks aiming to improve and upgrade their products. SeaLead has introduced a new service, the Far East-India Express (FIX3), connecting the Far East and India. Operated by six vessels ranging from 2,500 to 4,500 TEUs, the route includes calls at the Chinese port of Shanghai, Ningbo and Guangzhou, the Indian port of Nhava She
Container ship and tanker collide in North Sea, fires reported; Emergency response underway A container ship and a tanker collided in the North Sea, with fires reported on both vessels. The alarm was raised at 09:48 GMT, and emergency response teams were quickly deployed. According to the British Coastguard, a Humberside coastguard rescue helicopter, lifeboats from Skegness, Bridlington, Mablethorpe, and Cleethorpes, an HM Coastguard fixed-wing aircraft, and nearby vessels with firefigh
Noordkasteel bridge out of service after barge collision in Antwerp On 4 March, an inland barge coming out of the Fruit Terminal in Antwerp, Belgium collided with the Noordkasteel bridge, causing the bridge to remain in a closed position. While there are no reported injuries, the bridge cannot be opened, and as a result, all marine traffic sailing via the bridge has been halted. According to Maersk's advisory, port authorities are currently inspecting the bridge
US plans to impose fees on China-linked ships, pressures allies to follow: Possible Scenarios The United States is considering imposing docking fees at its ports on any vessel belonging to a fleet that includes Chinese-built or Chinese-flagged ships, according to a draft executive order
Global Ports Holding secures 50-year lease for Greenock Cruise Port Global Ports Holding (GPH), one of the world's largest cruise port operators, has signed a 50-year lease agreement with Clydeport Operations, a subsidiary of Peel Ports Group, to manage operations at Greenock Cruise Port. According to the statement, this milestone marks another success for Greenock, which has seen record-breaking cruise calls and rising passenger numbers. In 2024 alone, the termi
Boxship scrapes sanctioned tanker off Ambarli port A feeder ship and an oil tanker sustained damage after both vessels collided off Turkey's Ambarli port on 7 March. The 2005-built 672 TEU Orita, was moving towards anchorage, when it came into contact with the anchored 1993-built 150,000 dwt Suezmaz tanker Mia, at 3.30 pm local time. Mia and its owner, Seychelles-registered Veline Shiptrade Inc., have been sanctioned by the US Office of Foreign A
Gebrüder Weiss nears US$3 billion in annual revenue Gebrüder Weiss, an international transport and logistics company, closed its 2024 fiscal year with net revenues of approximately US$3 billion, reflecting a 10% increase compared to the previous year. The company experienced significant revenue growth across its key sectors. The Air & Sea segment recorded the highest increase, surpassing US$1 billion, a 21% rise from 2023. "We're firmly on track:
South Africa's TNPA seeks private operator for Durban's multipurpose terminal Transnet National Ports Authority (TNPA), a South African major operator, is looking for a private operator for the multipurpose terminal at the Port of Durban's Maydon Wharf precinct. TNPA has published a request for proposals (RFP) for companies to bid to design, develop, fund, construct, operate, and maintain the terminal for a 25-year concession period before transferring it back to TNPA. The
Advanced trailer operation test at Tomakomai Port MITSUI E&S, Tomakomai Kuribayashi Transportation, and Hino Motors conducted a demonstration experiment at Tomakomai International Container Terminal from 11-13 January 2025. This initiative was part of Japan's Ministry of Land, Infrastructure, Transport and Tourism's Port Technology Development Program, which focused on enhancing trailer operations in container yards. With labor shortages and an
Metal Park to develop US$28 million storage hub in KEZAD Khalifa Economic Zones Abu Dhabi (KEZAD) Group, one of the largest operators of integrated economic zones, together with its strategic client Metal Park, has announced the launch of the first phase of Metal Park's cutting-edge Storage Hub. This facility will provide top-tier storage solutions and support services for businesses in the region. Located in the KEZAD Free Zone, the Metal Park Storage
PIL names fourth 14,000 TEU LNG dual-fuel container ship Pacific International Lines (PIL) announced the naming of its fourth 14,000 TEU LNG dual-fuel container vessel. The boxship was named Kota Embun and was christened by Evelyn Ng, wife of Ng Kee Choe, Deputy Chairman of PIL, during a ceremony at Shanghai's Jiangnan Shipyard. Derived from the Malay word for "dew," Embun symbolizes renewal and harmony with nature, reflecting PIL's commitment to susta
Revolutionizing Fashion Logistics: The Future of Supply Chains, Sustainability, and Smart Technology The backbone of apparel sector operations, fashion logistics, controls the systematic movement of products, which begins at design creation and ends when consumers acquire clothing items. The fashion logistics sector has reached 2025 in the middle of a decisive evolutionary phase because of emerging technology advancements while addressing sustainability needs and changing consumer expectations.
ABP submits plans for UK's largest floating solar project at Barrow Associated British Ports (ABP), one of the UK's leading port operators, has taken a major step in its vision for the Port of Barrow by submitting a planning application for the country's largest floating solar project, Barrow EnergyDock. This marks a key milestone in ABP's broader Masterplan, launched last September, aimed at fostering growth and strengthening the local economy. Set to be install
Hapag-Lloyd's ports arm takes over terminal in Le Havre Hapag-Lloyd's terminal and infrastructure division Hanseatic Global Terminals (HGT) has acquired a 60% stake in CNMP (Compagnie Nouvelle de Manutentions Portuaires), operator of Atlantique container terminal in Le Havre, France. The remaining 40% of the shares in CNMP will continue to be held by temperature-controlled food logistics specialist Seafrigo Group. Le Havre numbers among the ...
Massive fire erupts as tanker and boxship crash off UK coast A major rescue operation is underway in the North Sea after a product tanker and a containership crashed and caught fire off the coast of Hull in east Yorkshire, UK. A US-flagged MR tanker Stena Immaculate was struck by the Portugal-flagged containership Solong while at anchor off the Humber Estuary. Multiple nearby vessels are on ...
Havila seals Peterson PSV extension Norwegian OSV owner Havila Shipping has secured a contract extension for its platform supply vessel Havila Borg. The Fosnavåg-based company has fixed the 2009-built unit to energy industry logistics provider Peterson Den Helder for a period of around 215 days in direct continuation of its existing contract with Peterson Offshore affiliate. The deal covers three ...
South Africa seeks operator for multipurpose terminal in Durban South Africa's Transnet National Ports Authority (TNPA) is looking for an operator for a multipurpose terminal in Durban. The state-run ports and freight-rail operator has invited interested parties to submit proposals to design, develop, fund, build, operate, maintain, and transfer the terminal in the Maydon Wharf Precinct for a 25-year concession period. The precinct, extending ...
Ocean Winds secures license for 1,125MW Korean offshore wind project Ocean Winds, a joint venture between France's Engie and Portuguese electric utilities company EDP, has been granted an electricity business license for its Hanbando wind farm off South Korea. The 1,125MW bottom-fixed project is located in the exclusive economic zone off Incheon. The license grants the project exclusive development rights over the sea space and ...
Performance Shipping closes financing for LR2 newbuilds Greece's Performance Shipping has secured financing for its third newbuilding in China through another sale and leaseback deal. The Nasdaq-listed tanker owner and operator of seven ships on the water and four on order is selling its LNG-ready scrubber-fitted LR2/aframax product and crude oil carrier to an unnamed counterparty and chartering it back for eight ...
AI seen as the tech shaping shipping the most in the coming decade Artificial Intelligence (AI) is seen by Splash readers as the technology having the most significant impact on maritime operations in the coming 10 years in an ongoing survey being carried out in association with Inmarsat. AI beat out other tech making plenty of shipping headlines such as blockchain, Big Data analytics and Internet of Things ...
Keppel snaps up Global Marine Group UK-based subsea cabling specialist Global Marine Group (GMG) has been acquired by Singapore's Keppel Infrastructure Fund and a co-investor. The transaction, led by Keppel's private investment vehicle will see 100% of GMG taken from J.F. Lehman & Company (JFLCO) for an undisclosed sum. JFLCO took over the business in 2020 for around $250m. GMG operates ...
AET to develop world's longest-range hybrid electric vessel AET, a subsidiary of Malaysia's top shipping line MISC, has signed an agreement to develop the world's longest-range plug-in hybrid-electric vessel with modular marine batteries developer Fleetzero. Under the agreement, one of AET's lightering support vessels (LSV) will be retrofitted with a plug-in hybrid-electric system. The vessel will operate primarily on battery power, reducing greenhouse ...
Rongtua Shipping orders chemical tanker brace at China Merchants yard Rongtua Shipping Group has placed an order for its first stainless steel chemical tankers at China Merchants Jinling Dingheng shipyard. The Singapore logistics company is moving into the sector with a pair of 25,900 dwt newbuilds. Delivery dates and financial details have not been disclosed. The vessels will meet Tier III emission standards and be ...
Dana Petroleum terminates sale of Western Isles FPSO Aberdeen-headquartered oil player Dana Petroleum has terminated the agreement with NEO Energy for the acquisition of the Western Isles FPSO. Jersey Oil & Gas, NEO Energy's partner in the Buchan Horst joint venture, said in a statement that the termination comes after the agreement reached its longstop date at the end of February 2025. It ...
Rare capesize scrapping set to proceed Lila Global has arranged to scrap a 25-year-old capesize vessel, making it the second reported cape to head to the breakers this year. In January, NYK Bulkship Korea scrapped the 27-year-old Lady Cedros, beached at Alang, India. After Russia attacked Ukraine, buyers rescued a string of vintage ships from demolition, vessels sold at record prices, often to ...
Houthis warn attacks on merchant ships could resume tomorrow The Houthis in Yemen issued an ultimatum to Israel on Friday, repeating it yesterday. Unless Israel resumes shipments of humanitarian aid into Gaza by Tuesday, the Houthis will resume attacks on ships. "If the Israeli enemy continues after the first four days to prevent the entry of aid into the Gaza Strip ... then we ...
MOL spends $1.7bn buying Dutch tank terminal operator Japanese shipowner Mitsui OSK Lines (MOL) is buying LBC Tank Terminals, one of the world's largest independent tank terminal operators primarily handling and storing chemicals in Europe and the US. The acquisition of the Dutch firm will cost $1.72bn with the closing of the transaction subject to obtaining permits and approvals from relevant authorities. LBC ...
Are spot rates sinking due to alliance reshuffle or US tariff chaos? Container shipping's tariff exposure is rising and looks set to become much worse in April. Falling spot rates could be...
English arbitration law gets biggest shake-up in decades Update designed to reinforce London's standing as top location for dispute resolution
Ship recycling activity 'unremarkable' as few sales concluded A surge in ship recycling sales at the start of the year has stalled as freight markets have stabilised
Sanctioned ships laden with Russian diesel descend on Syria's Baniyas Russia steps in to meet Syria's oil demand
Tanker and containership left ablaze after collision off the UK coast The UK coastguard continues to coordinate the emergency response and is assessing the need for a counter-pollution operation
Global Chartering and Sekavin launch fuels partnership GCL operation spanning about 40 bulkers will aim to leverage Sekavin's worldwide network
The week in charts: 'State actors' were behind recent tanker explosions | Dry bulk scrapping could finally take off | Trump's obsession with US shipbuilding Owners of oil tankers calling at Russian ports are at risk following a recent spate of naval mine explosions, an...
The week in newbuildings: Sharp drop in ordering activity Orders for two bulk carriers, two boxships, two gas carriers, four deck cargoships and eight tankers recorded in the past...
Andrew Forrest calls for $100 IMO carbon levy to make green ammonia happen Australian miner Fortescue docked its converted supply vessel Green Pioneer in a PR pitch to the IMO to set ambitious...
Houthis issue four-day ultimatum If Israel continues to prevent aid from entering Gaza, then the Iran-backed Houthi rebel militia in Yemen will resume its...
The Daily View: Commercial clarity Your latest edition of Lloyd's List's Daily View - the essential briefing on the stories shaping shipping
SITC full-year profit nearly doubled to $1bn Trump's tariff policies are expected to disrupt markets and impact shipping demand
HMM appoints Choi as chief amid industry uncertainty and privatisation challenges New chief executive faces many challenges, including an extremely uncertain market environment, the company's diversification strategy and a stalled privatisation
MOL acquires LBC Tank Terminals for $1.7bn to expand chemical and green energy logistics MOL has decided to make the important tank terminal operator its wholly owned subsidiary, thereby providing an integrated chemical logistics...
Daily Briefing More tankers turn to China's Dongying as covert hub for sanctioned tonnage | State actors' were behind recent tanker explosions...
Cross-border spot truck rates rise as shippers ride tariff rollercoaster US-bound spot truck shipments from Canada are shrinking but rates are rising, while Mexico-US spot market shipments outpace pricing, according to DAT Freight & Analytics.
Houthi militants threaten to restart attacks on Red Sea shipping The threat underscores the fragility of the Red Sea security situation and the reluctance of ocean carriers to return to Suez Canal transits until the safety of crew, ships and cargo can be guaranteed.
Hapag-Lloyd's ports arm buys majority stake in Le Havre terminal Having control over port operations has become a key element of container shipping that enables the fast turnaround of ships and improved schedule reliability.
PydanticAI is The AI Agent Framework You Need Learn how to structure unstructured data and create production-ready AI applications using PydanticAI.
Air cargo rates tumble as market adjusts to looming 'de minimis' changes While strong e-commerce demand last year filled all available air freight capacity out of China and kept the industry in peak season mode, recent US moves to clamp down on low-value Chinese imports have rattled the market.
In the midst of chaos, some good news emerges for domestic intermodal Domestic intermodal's share of the US long-haul truck market has risen over the past two quarters, though that resiliency is going to be tested in the months to come, writes analyst Larry Gross.
Coal market dents seaborne dry cargo forecast, Howe Robinson says UK shipbroker highlights Bauxite as bright spark
Ernst Russ seafarer still missing after collision sparks explosions All 23 crew members from Stena Immaculate are safe, as are 13 of the Solong's mariners
Fiery collision's cargoes included US military jet fuel and toxic chemical Stena-Crowley MR carrier was on charter to US Navy logistics unit
Tankers with Canadian cargoes caught up in US tariff turmoil One vessel redirects to Europe after loading in Canada and another thought about it
'Multiple explosions': Crew of US-flag tanker abandon ship after collision with container vessel At least 32 crew members brought ashore after what owner Stena Bulk describes as an 'allision' - implying its tanker was stationary
Tankers with Canadian cargoes caught up in US tariff tumult One vessel redirects to Europe after loading in Canada and another thought about it
US FLNG project developer Delfin Midstream wins export licence extension New energy secretary Chris Wright inks documents on stage during CERAWeek in Houston
Commodity Care and Apex Bulk Marine 'unfairly blamed' for charter dispute Director Mohit Sharma says operational and external factors are cause of challenges
Clarksons shares tumble as investors respond to global unrest and questions over use of cash pile Stock falls as geopolitical uncertainty trumps record results at London-listed shipbroker
MPC Container Ships hives off veteran brace in resilient S&P market Boxship tonnage provider moves as secondhand market continues to defy falling freight rates
'Tremendous commotion': Venezuela's Maduro blasts Donald Trump over scrapped oil export deal President claims flights have been 'affected' by decision not to renew Chevron's licence
Tanker and container ship 'on fire' after collision in the North Sea Tanker reportedly collided with cargo vessel off eastern England
Eletson signs Dualog gas carrier fleet deal against background of ownership battle Greek owner says move will improve efficiency across its 20 LPG and LEG vessels
Tanker 'on fire' after collision with container ship in the North Sea Tanker reportedly collided with cargo vessel off eastern England
Ship speeds at all-time lows as industry slow-steams towards green goals, Clarksons data shows Researcher Oran Creedon reveals how eco considerations are prompting action from owners
John Fredriksen: 'Shipping still by far the most important sector for Seatankers' Tycoon says the best deals can be made during times of global turmoil
Torm boss Jacob Meldgaard and other executives handed options with 'theoretical' worth of $4.1m Danish tanker owner encouraging management team to work in common interest with shareholders
Hoegh Autoliners looking at massive new vessels to bump up volumes Rates drop sequentially as high and heavy volumes fall
Laden Seapeak-owned LNG carrier heads into Red Sea with US cargo But shipowner updates that vessel is heading to Jordan
'Brilliant': CMA CGM and MSC jostle for favour with dealmaker-in-chief Donald Trump Politically savvy deals present a new kind of competition amid Washington's pressure on shipping
Andrew Forrest's iron ore giant Fortescue will retrofit zero-carbon engines to bulkers 'by end of decade' One of Australia's richest people doubles down on environmental targets and urges IMO to set global carbon tax at $100 a tonne
First shuttle tanker loading from new Norwegian oil field set for April Bodil Knutsen had been due to lift initial crude this month
Laden Seapeak-owned LNG carrier takes Red Sea route with US cargo Energy major sends cargo through troubled waterways
Sanctioned tanker ships first Russian diesel to Syria in more than a decade Former Sovcomflot MR vessel has docked in Baniyas after loading in Primorsk
US 'blocks' Canada plan for task force to combat shadow tanker fleet Trump administration reportedly rejects proposal ahead of G7 meeting
'Maritime threat': Houthis issue ultimatum over Israeli blockade of Gaza aid Four-day deadline interpreted as threat against shipping
Hong Kong-listed SITC sees 2024 profit double to over $1bn Container operator warns of overcapacity in 2025 due to a 'gradual return to normal from disruptions'
Livanos and Vardinoyiannis ventures strike bunkering partnership Greek marine fuels supplier Sekavin becomes strategic partner of DryLog-Arcelor Mittal joint venture
Keppel's infrastructure fund buys UK subsea cable solutions provider Global Marine Group Singaporean investment fund acquires UK company from private equity firm JF Lehman
Stamatis Tsantanis sees big bulker strategy deliver record profit for Seanergy US-listed firm continues betting on robust demand
Capesize bulker damaged in Yangtze estuary collision with Chinese ship Left forepeak tank of Daehan-built bulk carrier has been breached
Clarksons banks record profit in year of 'disruption, complexity and opportunity' for shipping Results supported by a very strong year for shipbroking, Andi Case says
Tor Olav Troim-backed Bruton gets 'buy' rating as ABG Sundal Collier sees 'attractive vehicle' for investing Bank started equity research coverage with target price of NOK 67
AET to retrofit lightering support vessel with marine batteries Retrofit is expected to reduce greenhouse gas emissions by up to 82% or 1,220 tonnes
Keppel's infrastructure fund buys UK subsea cable solutions provider Global Marine Group Singaporean investment fund buys UK company from private equity firm JF Lehman
MOL acquires Dutch bulk liquid storage company LBC Tank Terminals LBC handles and stores chemical storage facilities in Europe and the US
SmartLynx Airlines disbanding cargo charter fleet SmartLynx Airlines is retreating from the cargo market after losing a contract with DHL Express and will focus on charter operations for passenger airlines.
VIDEO: US military support tanker involved in fiery collision off English coast An oil tanker operating as a U.S. military support vessel was on fire off the coast of England Monday after it was hit by a Portuguese-flagged container ship.
Global manufacturing is repositioning - but it's complicated While manufacturers initially sought tariff relief by relocating production to Southeast Asia, trade compliance experts say these "tariff-friendly" locations are increasingly vulnerable to reciprocal tariffs.
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