Freire launches new French oceanographic vessel Anita Conti The Freire Shipyard in Vigo, Spain, yesterday launched the research vessel Anita Conti. The family-owned yard was selected in July 2023 to build the advanced vessel by the French national Institute of
Podcast: The future of green ferry transit In this episode of Marine Log's Listen Up! podcast, we're joined by Seamus Murphy, executive director of San Francisco Bay Ferry, the public ferry system operated by the Water Emergency Transportation Authority
After the Conflict: How Pakistan's ports are reshaping their operations Islamabad is recalibrating its maritime strategy to secure national interests and foster regional economic ties, after the tensions between Pakistan and India recently. The shift is particularly evident in the country's port operations, where new developments are aimed not only at improving efficiency but also at asserting greater control over strategic maritime infrastructure. From Gwadar to Por
DHL Global Forwarding appoints new U.S. CEO DHL Global Forwarding has appointed Michael Young as its new CEO for the United States, effective August 1, 2025. The move follows the planned departure of current U.S. CEO Robert Reiter. Young, who currently leads DHL Global Forwarding operations in the UK and Ireland and serves as President of Global Motorsports, brings over 30 years of experience to the role. His career spans senior commercial
Konecranes to supply more cranes to Super Terminais Brazilian terminal operator Super Terminais is expanding its equipment fleet with the order of three more Konecranes Gottwald ESP.10 mobile harbor cranes, reinforcing its commitment to meet growing cargo demand along the Amazon River. The new cranes are expected to be delivered in the third quarter of 2026. This latest investment follows the company's initial acquisition of the world's first thre
Shipping industry calls for action after deadly Red Sea attacks Leading global shipping associations have issued a joint statement condemning the recent attacks on merchant vessels in the Red Sea, which have resulted in the loss of innocent seafarers' lives. The International Chamber of Shipping (ICS), BIMCO, the European Community Shipowners' Associations (ECSA), INTERCARGO, and INTERTANKO have come together in a unified message urging for greater protection
Liebherr delivers 2,000th mobile harbour crane to Marcegaglia A major milestone was reached in European port logistics on 8 July, as Liebherr officially handed over its 2,000th mobile harbour crane, to steel industry leader Marcegaglia at the Port of Ravenna. The new crane, now the largest in Marcegaglia's local fleet, will be used primarily for handling steel coils, billets, and plates. The handover ceremony was attended by senior leadership from both comp
Barcelona Port kicks off first Shore Power Project The Port of Barcelona has officially launched its first Onshore Power Supply (OPS) project for cruise ships, marking a major step in its wider electrification strategy. The initiative, awarded to Danish engineering firm PowerCon A/S, will focus on installing a shore power system at the MSC terminal on the Adossat wharf. The €12.2 million contract includes not only the design and installation of t
Researcher urges caution for South Korean shipbuilders eyeing tie-ups with US peers The Export-Import Bank of Korea (KEXIM) is calling on the country's shipbuilders to assess the risks before working with US shipbuilders. KEXIM's Overseas Economics Research Centre director Yang Jong-seo, said at a seminar last week that South Korean shipbuilders should follow their Japanese peers, and suggest creating a joint fund with US shipbuilders to finance collaborations. The seminar was h
Hiab set to finalize sale of MacGregor Hiab Corporation is moving forward with the final stages of its planned divestment of MacGregor, having now received all required regulatory approvals. The company expects the transaction to officially close on 31th of July. The sale, first announced in November 2024 involves the transfer of the MacGregor business to investment funds managed by Triton. Earlier this month, Hiab confirmed that all
NWSA launches first Zero-Emission Drayage program Northwest Seaport Alliance (NWSA) has announced its first-ever incentive program to support the deployment of zero-emission (ZE) drayage trucks. Also, this program includes support for building out charging infrastructure across the Puget Sound region. The initiative marks a significant milestone in Washington State's push toward cleaner freight movement. This program is a major step toward reduc
OrbitMI joins Smart Maritime Council OrbitMI, a maritime software provider recognized for its data-driven SaaS solutions, has officially joined the Smart Maritime Council, reinforcing its commitment to greater industry collaboration and digital standardization. OrbitMI is aligning itself with an industry-wide effort to create shared technology standards and improve interoperability. Also, this joint unlocks the full potential of con
How the 2025 rerouting is redefining global shipping? Since the beginning of 2025, global maritime trade has undergone a tectonic shift. The once-routine voyage through the Red Sea has become a calculated gamble, as persistent Houthi missile attacks have turned the Suez Canal corridor into a high-risk route. In response, shipping giants are charting new courses around the Cape of Good Hope and Africa is suddenly front and center in a global reroutin
Maersk to adjust peak season surcharge on Far East Asia-Mediterranean Maersk has announced an upcoming adjustment to its Peak Season Surcharge (PSS) on shipments from Far East Asia to the Mediterranean, covering the E2W - FEA to MED trade lanes. The revised surcharge will apply to relevant contracts starting from 15 July 2025, based on the Price Calculation Date (PCD). The PSS is intended to support continued service reliability during periods of high demand. Custo
Maersk opens integrated cold chain hub Maersk has officially launched a new integrated packing and cold storage facility in Olmos, Peru, marking a strategic move to strengthen the country's growing fresh fruit export sector. The facility aims to ensure greater speed, efficiency, and product freshness from farm to global markets, as demand for Peruvian produce continues to rise. Located in the Lambayeque region, one of Peru's most dyna
Capacity overload expected to send spot rates crashing A 288% increase in the in vessel orders in the first half of this year suggests that the container ship ordering spree remains in full flow according to data from Veson Nautical's mid-year report. Veson is a maritime platform based in the UK that offers services across the all the maritime sectors, its latest report suggests that ships will continue to be delivered at a rate that exceeds demand f
Top Gaming Peripherals That Can Transform Your Performance (2025) Gaming Mice: Where Milliseconds Matter Today's gaming mice have evolved dramatically, offering features that were unimaginable just a few years ago. The technology powering these devices has become so advanced that professional players can actually feel the difference. The Razer Viper V3 Pro stands at the forefront with its Focus Pro 35K sensor and revolutionary 8000Hz polling rate. At just 54g,
MSC adjusts two services Mediterranean Shipping Company (MSC) announced the temporary suspension of its Pearl service, with no timeline yet set for its return, in response to the current transpacific market conditions. MSC will adjust its Orient and Sentosa services. The Orient service will now include Haiphong in its rotation. The updated routing will be: Haiphong - Ningbo - Shanghai - Busan - Long Beach - Oakland . Mea
What could be the impact of the new round of volatility in the Red Sea? The Red Sea once again is slipping into volatility after Houthi renewed their attacks on commercial vessels, an indicator that the militant group still maintains its operational capabilities despite continuous strikes from the US and Israeli forces. According to new Jefferies figures, overall Suez Canal transits in the first half of 2025 are down 55% compared with 2023. The headline numbers mask
JAXPORT first Southeast port in Premier Alliance service change Jacksonville Port Authority (JAXPORT) is now the first Southeast U.S. port of call in the Premier Alliance's revised East Coast 3 (EC3) container service, enhancing direct trade links with key Asian ports. Operated weekly by Ocean Network Express, HMM, and Yang Ming, the updated rotation offers faster transit from Asia to Jacksonville-cutting shipping times by up to five days. The EC3 service con
Global bunker prices show average growth Global bunker indices tracked by Marine Bunker Exchange (MABUX) continued their moderate growth amid signs of relative market stabilization. The 380 HSFO index increased by US$1.65, although it still remains significantly below the US$500.00 mark. The VLSFO index also showed an upward movement, adding US$5.22 to reach USD 565.79/MT. The most notable increase was recorded in the MGO index, which r
Tesco to open cutting-edge Distribution Hub Tesco has unveiled plans for a major new distribution centre at DP World's London Gateway, marking a multi-million-pound investment to support its growing UK store network and long-term logistics strategy. The new facility, slated to open in 2029, will serve as a key part of Tesco's efforts to future-proof its supply chain. With the retailer's store network continuing to expand, the upcoming site
GES sells Rotterdam Terminal Global Energy Storage Group (GES) has announced the completion of the sale of its Rotterdam terminal to Tepsa, a European operator specializing in bulk liquid and gas storage. The facility, located in the Europoort area of the Port of Rotterdam, includes 212,000 cubic meters of tank storage and around 18 hectares of development land. The sale marks a strategic move for GES, which is shifting its
5G network deployed at major UK Ports Hutchison Ports (UK) has successfully completed the rollout of a private 5G network across the Port of Felixstowe and Harwich International Port, creating one of the UK's largest private 5G infrastructures. The network provides fast, secure, and reliable communication to support both traditional and autonomous vehicles and equipment. The introduction of 5G enables greater bandwidth and reduced la
Port of Piraeus approves historic dividend at annual meeting The Annual General Meeting of Shareholders of Piraeus Port Authority (PPA S.A.) was successfully held recently, with a strong quorum of 83.56% participating and all proceedings conducted in full compliance with regulatory requirements. Shareholders received detailed updates on all agenda items, including a comprehensive review of the company's strategy implementation and tangible results. All pro
China Classification Society powers the world's first methanol-fueled engine Dalian Marine Diesel delivered a methanol dual-fuel, low-speed main engine following inspection and certification by China Classification Society. Rated at 32,970 kW and capable of 72 rpm, the engine complies with IMO Tier II emission limits and will serve as the propulsion heart of the world's first methanol-powered, smart very large crude carrier, now under construction at Dalian Shipbuilding I
CIRCLE launches digital logistics solution for Attilio Carmagnani CIRCLE Group has announced the launch of the MILOS TAP project at the Genoa-based facility of Attilio Carmagnani "AC" S.p.A. This initiative marks a key step in the company's broader digital transformation of its industrial supply chain. At the core of the project is the implementation of the Truck Appointment Platform a smart logistics solution developed by CIRCLE to streamline scheduling and co
What Driving a Used Sports Car in Dubai Feels Like Dubai is one of those rare places where high-performance driving doesn't feel out of place. With its smooth, multi-lane roads, excellent signage, and striking cityscapes, it's almost as if the city was designed with sports cars in mind. For tourists, getting behind the wheel of one of the many used sports cars in Dubai like the Ferrari Purosangue used Dubai isn't just exciting. It's a unique way
AD Ports and KTZ launch GulfLink JV operations AD Ports Group and KTZ Express, the logistics subsidiary of Kazakhstan Railways, have officially launched operations of their Central Asian joint venture, GulfLink Ltd. The venture, owned 51% by AD Ports Group and 49% by KTZ Express, aims to enhance multimodal logistics and transform trade routes across Central Asia, linking markets in Asia, Europe, and the Middle East. "We are pleased to announc
Maersk updates AE5 service route amid European Congestion In response to ongoing port congestion across Europe since April 2025, Maersk has announced an adjustment to its AE5 service to help maintain schedule reliability and mitigate delays caused by the recent surge in demand. Starting week 35, the AE5 rotation will include Aarhus and Gothenburg, with Hamburg now being called before Bremerhaven. The first vessel to follow the updated rotation will be t
IMO Secretary-General calls for constructive dialogue amid renewed Red Sea attacks Following a resurgence of violent attacks on merchant vessels in the Red Sea, IMO Secretary-General Arsenio Dominguez has urged intensified diplomatic engagement to address the escalating threat to maritime safety and freedom of navigation. Speaking at the 134th session of the IMO Council in London, Dominguez expressed deep concern over the recent assaults on the Magic Seas and Eternity C, which
Davie acquires Enersense Offshore to strengthen Arctic shipbuilding capabilities Davie has announced an agreement to acquire Enersense Offshore Oy, the marine and offshore division of Enersense, located in Mäntyluoto, Pori, Finland. This acquisition secures domestic steel production capabilities, making Helsinki Shipyard Finland's only integrated shipbuilder, with in-house design-to-delivery capacity. The strategic move significantly enhances Helsinki Shipyard's ability to co
DHL expands automation in the UK & Ireland DHL Supply Chain has unveiled a US$745 million investment to upgrade infrastructure and accelerate automation across its UK and Irish operations, answering surging demand in the e-commerce and life-sciences/healthcare sectors. This latest outlay builds on the US$1.17 billion DHL has already spent on automation over the past three years, supporting more than 3,200 digitalisation projects across th
BIMCO Shipping Number of the Week: China drives 6% drop in global coal shipments "During the first half of 2025, global coal shipments fell 6% y/y amid weak import demand in large markets. Cargo loadings headed to China and advanced economies slowed considerably, partly due to stronger electricity generation from renewables and to weaker steel production," says Filipe Gouveia, Shipping Analysis Manager at BIMCO. In recent years, China has joined several of the world's advance
eCap marine to power with hydrogen solutions Hamburg-based eCap Marine has secured two key contracts to deliver hydrogen propulsion systems for zero-emission vessels, marking a significant step forward in the company's mission to accelerate the maritime energy transition. The contracts, signed during this year's Nor-Shipping maritime trade fair in Oslo, reflect growing momentum in the industry around hydrogen as a viable alternative to foss
SANY launches its first solar power project in Zimbabwe SANY Silicon Energy broke ground on a 10 MW solar plant for Runtu Mining Company, its inaugural venture in Zimbabwe and the first in Africa to use SANY's new "EP + F" model. The facility will feature 710 of SANY's high-efficiency photovoltaic modules, advanced inverters, and robust mounting systems. With construction fast-tracked, the plant is slated for grid connection by the end of 2025 and is
Toro ships out LPG carrier to tanker spin-off Robin Energy Nasdaq-listed owner Toro Corp is selling one of its LPG carriers in an $18m deal involving affiliated parties. The Petros Panagiotidis-led spinoff of Cyprus-based Castor Maritime is offloading the 2015-buit 5,000 cu m Dream Syrax to a subsidiary of Robin Energy, a Nasdaq-listed entity controlled by Panagiotidis. The transaction structured as a related-party deal was ...
Ørsted secures $3bn in financing for offshore wind farm in Taiwan Danish offshore wind developer Ørsted has secured TWD 90bn ($3bn) in financing for the 632MW Greater Changhua 2 wind farm off Taiwan. The financing deal was arranged with 25 banks and five export credit agencies and covers part of the financing for the project. Simultaneously, the company is progressing with an equity divestment expected to ...
MOL shoots for the stars with rocket recovery ship In a bold leap beyond its traditional maritime roots, Mitsui OSK Lines (MOL) has announced plans to commercialise an offshore rocket launch and recovery vessel. The initiative, slated for commercialisation around 2030, is being developed in partnership with Innovative Space Carrier (ISC) and Tsuneishi Solutions Tokyobay, a company formerly known as Mitsui E&S Shipbuilding. The ...
Turkey's TPAO buys drillship pair from Eldorado Drilling Turkey's state oil company TPAO has bought two sister drillships from Norway's Eldorado Drilling. The company bought the 2014-built West Draco and her sister 2015-built West Dorado drillships, and will look to use them in Libya and southern Turkey. The pair will join the four other TPAO drillships, Fatih, Yavuz, Kanuni and Abdulhamid Han. All ...
Al Seer Marine secures $207m in funding to spearhead tanker expansion Abu Dhabi's Al Seer Marine has bolstered its capital structure, securing a $207m financing facility from Abu Dhabi Commercial Bank (ADCB) to support diversified fleet growth and strategic investments. The ADX-listed subsidiary of the International Holding Company (IHC) said the eight-year loan is backed by first-priority mortgages on a selected group of operating vessels. The ...
World's largest coal port plots post-coal course as China slashes imports China is slashing coal imports dramatically, forcing the world's largest coal export port to contemplate a future beyond the black fossil fuel. This decline is largely driven, according to analysis by Greek broker Intermodal, by rising domestic coal output in China, elevated inventories, increased coal transportation via rail from Mongolia, and a growing trend for ...
Masdar and Iberdrola invest in 1.4GW UK offshore wind farm Abu Dhabi-based renewable energy company Masdar and Spanish energy giant Iberdola have closed a joint investment deal for the 1.4GW East Anglia Three offshore wind farm in the UK. Each company will hold a 50% stake in the €5.2bn ($6.1bn) wind farm and have joint governance. This agreement is part of their wider €15bn ($17.6bn) ...
One in six ships flagged as potential Houthi targets The global shipping industry has been rocked by two deadly attacks this week in the Red Sea, with Yemen's Houthi rebels launching their most violent maritime campaign since early 2024, killing at least three seafarers, wounding others, and reportedly kidnapping crew. The bulk carrier Eternity C, owned by Greek interests and flagged in Liberia, was ...
UK and Sumitomo sign $10bn deal for offshore wind and hydrogen projects The UK government has signed a partnership with Japan's Sumitomo Corporation's which will facilitate a £7.5bn ($10.2bn) investment into the country's offshore wind and hydrogen projects by 2035. This will significantly increase long-term business investment into key growth sectors following the publication of the UK's Modern Industrial Strategy and the 10-Year Infrastructure Strategy. This latest
Fujian Highton readies $65m for bulker fleet expansion Chinese bulker owner Fujian Highton Development is pressing ahead with its fleet expansion, earmarking $65m for fresh acquisitions in the secondhand market. The fast-growing Shanghai-listed company revealed in a stock exchange filing that it intends to deploy the capital to acquire additional bulk carriers, as it continues to scale up its owned tonnage. Founded in ...
Solstad Offshore firms up $84m AHTS deal with Petrobras Norwegian vessel owner Solstad Offshore has signed a contract with Brazilian state-owned oil and gas giant Petrobras for the charter of an AHTS vessel. The deal for the 2007-built anchor handler Normand Turquesa was awarded to the company in early May. At the time, the company said that the contract was subject to board approval. ...
Panama Canal rebounds as container and LPG volumes rise While the Red Sea has roared back to the front pages of the shipping press this week, and the Black Sea remains blighted by war, one other chokepoint that has caused supply chain chaos in recent years has reported that it is operating at full capacity. The Panama Canal, which suffered severe drought for around ...
Why shipping needs a new breed of executive Irene Rosberg, programme director of the Blue MBA at Copenhagen Business School, writes for Splash today. Leadership in the maritime industry is being tested like never before. While ships navigate increasingly complex trade routes and operational risks, the same must be demanded of those guiding the industry from the boardroom. Yet many of those boardrooms ...
Panama Canal has plenty of water but transits still below pre-drought levels Water levels are high and are expected to remain so, and the Panama Canal has posted a strong recovery from...
Underwriters declined war risk cover for final voyage of Eternity C Insurance status of the Greece-operated bulk carrier sunk by the Houthis remains unclear
Antipollution Egypt racks up first 1,000 vessels to use Suez Canal waste service Milestone is reached in just over 50 full days of operation
Ship recycling tonnage in June lifted by big bulkers and a gas carrier A total of 22 merchant vessels, of a combined 676,976 gt, were beached at recycling destinations in June, Lloyd's List...
Taiwan carriers book strong June but face murky outlook on volatile tariff situation With tariff uncertainties and trade tensions rising again, the outlook for the second half of 2025 remains highly unpredictable
Vessel Protect has 100% war risk line on Magic Seas Insurance arrangements for Eternity C, a second Greece-owned bulker struck by the Yemeni rebel faction the following day, are unclear
Debt or damages? Suezmax sale dispute reaches UK Supreme Court A contract dispute over a cancelled suezmax tanker sale has reached the UK's highest court, with ramifications for future cases
Philippines orders crews to avoid high-risk areas as more recovered from Eternity C Traffic through the Bab el Mandeb continues as normal, despite two ships being sunk this week
Capesize scrapping will come sooner than expected The big wave of dry bulk scrapping is always seemingly just around the corner, but the market may not have...
Global coal shipments down 6% The decrease has largely been driven by weak Chinese demand
Trafigura to roll out ZeroNorth technology across fleet ZeroNorth's technology uses artificial intelligence and real-time data to optimise voyages and reduce emissions
The Daily View: Conspicuous absence
South Korean shipyard unions plan strikes amid stalled wage talks Unions at five major shipbuilders are preparing for the year's first joint strike if companies do not submit proposals by...
Daily Briefing Red Sea rescue falls to private security in the absence of any naval assets | Houthis take 'several' of sunk...
Taiwan's 'Big Three' carriers see falling Q2 revenues as demand slump begins Trans-Pacific carriers are facing rapidly declining demand and freight rates on the trade lane as the frontloading that occurred during the 90-day pause on new US tariffs - now extended to Aug. 1 - has largely lost steam.
North American intermodal notches solid first half despite trade turmoil Still, analyst Larry Gross suspects that the early strength seen in H1 is substantially composed of volume that has been "borrowed" from a peak season that will be "late and tepid" as a result.
Tariff deal with US lifts high-flying Vietnamese air cargo demand The tariff framework agreement between Washington and Hanoi, while still short on details, is expected to support Vietnam's strong air cargo volume growth this year.
Trump's Vietnam 'transshipment' tariff puzzles US trade community The uncertainty centers on what the White House considers transshipment and how US Customs officials would regulate goods moving from China to the US via Vietnam.
The party before the hangover? Deutsche Bank sets views on tankers Second half of 2025 still promising for both crude and clean, but headwinds loom
Video game developer's research group signs €200m deal with Vard for advanced research vessel Fincantieri says subsidiary will build 'one of the most modern research vessels ever developed'
US accuses Houthis of 'kidnapping' crew members from sunken bulker Trump Administration response to Houthis' return remains muted
Tanker owner HGK goes for sails as part of deal to 2040 with charterer Covestro German group to use Econowind system on the Amadeus Titanium
Carisbrooke Shipping exits technical management contracts to reallocate resources as profit falls General cargo ship owner reallocates resources after rates come off peak level
'Investors aren't seeing it': Surprising margins hint at bigger play beyond VLCCs This week's Streetwise looks at how shipping stocks fared in the first half, and what's to come
'Risk of delay': Liner giants reroute as north European congestion hot spot spreads Jams support freight rates, but are causing a headache for shippers
German shipowner gets green upgrades for Damen newbuildings after winning state handout German owner has four combi freighters on order
Tankers could be next in line for rate 'breakout' as oil flows, Clarksons says Crude ships ready to rebound from summer lull, analysts argue
Insurers appeal $37.5m payout due to undeclared drug charges Six companies claim nominee director of single-ship company should have informed them of discontinued criminal case
Eimskip container ship adrift en route to Greenland Feeder vessel suffered loss of power on Wednesday
Al Seer seals $207m loan to drive tanker and gas carrier expansion Owner arranges eight-year financing for fleet growth and strategic investments
MOL and Tsuneishi team up to develop space rocket launch and recovery ships Japanese owner and shipbuilder plotting commercialisation of new vessels by 2030
Four more crew members saved from ship attacked by Houthis More than a dozen personnel of Houthi-stricken bulker remain missing and may have been captured by rebels
India plans eight 'mega' shipbuilding hubs in $5bn expansion drive Government plotting new sites and development of existing facilities
US scraps licence for gas ships to export LPG to Venezuela Trump administration says 7 July was the cut-off for loadings, as vessel demand remains healthy
Nanjing Tanker predicts drop of 55% in first-half 2025 net profit A slump of 49.36% in freight rates was main driver behind profit decline
Bonheur heralds profit after quadrupling its money on sale of wind logistics outfit Wind turbine installation vessel outlook positive, says Norwegian company
Tor Olav Troim-linked venture flips drill ships first ordered by John Fredriksen Eldorado Drilling, which included hotel tycoon Petter Stordalen as an investor, offloads pair delivered last year
Transworld grabs sub-panamax container brace from tonnage provider Seaspan Corp Company splashes $27.5m to add to fleet of its Dubai-based affiliate
Lila Global pivots back to tankers as VLCC and two MR2s sail into its fleet Owner wants to buy more, but says geopolitical events are pushing up prices
Nanjing Tanker predicts fall of 55% in 2025 first half net profit A slump of 49.36% in freight rates was main cause of profit fall
Capesizes pulling away from sub-cape bulkers as outlooks hit a fork in the road The only way is up for larger bulkers, but earnings for smaller sizes are still under pressure
Panama Canal reservation system adds revenue as authority slashes debt by $2bn Agency monetises ability to reserve slots well ahead of time
Shipping Corp of India triples its VLGC fleet with Qatari vessel buys Long-running tender to acquire large LPG tonnage finally wraps up
Hotel veteran tapped as chief executive of new cruise line Four Seasons Yachts Ben Trodd to lead cruise venture as it prepares to receive its first newbuilding
Parcels drive 2% global revenue gain for postal operators International mail systems grew revenue in 2024 as e-commerce shipments negated a downward trend in letter mail.
Longshore unions to unite for 'anti-automation' protest A global alliance of union dockworkers is planning to meet later this year to map out a strategy to fight automation they say eliminates jobs.
Tariff pauses 'unlikely' to halt tumbling trans-Pacific rates: Freightos Ocean container rates on the key Asia-U.S. trade lanes continued their downward trend in the latest Freightos index.
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