VIDEO: Nearly 70 containers fall off vessel at Port of Long Beach This morning, clean up efforts at the Port of Long Beach were ongoing after a Unified Command continued to respond to an incident that began just after 9.00 a.m. Tuesday when an
Kongsberg Discovery's MBR System earns U.S. DoD Certification Kongsberg Discovery's Mobile Broadband Radio (MBR) MK3 series has earned DD1494 certification from the U.S. Department of Defense. The approval allows the system to be used across U.S. military operations. The MBR MK3 operates in the 4.400-5.000 GHz range. It meets strict DoD standards for spectrum use. The system avoids interference with other military communications. It also protects against sp
Trade Tech expands into four new global markets Trade Tech has expanded its international presence with new operations in the UK, Spain, Canada, and the UAE. The move strengthens the logistics platform's ability to support forwarders, carriers, and shippers with local expertise and technology. Global supply chains are facing tighter regulations, shorter deadlines, and rising customer expectations. By adding teams in these new regions, Trade Te
Port of Antwerp-Bruges announces three new connections The Port of Antwerp-Bruges is strengthening its railway infrastructure through three strategic new connections. These expanded freight rail services establish direct links between Antwerp and both Widnau and Frenkendorf, create a Zeebrugge-Mannheim corridor, and forge a Chengdu-Antwerp route. Since August 2025, businesses operating in Switzerland's Rhine Valley region have gained access to direct
Maersk makes big intra-Asia push Alphaliner's August review of the intra-Asia (excluding domestic) trade reveals that Maersk increased the largest number of operated slots in the region over the past year, adding 100,000 TEU to reach a capacity of 298,134 TEU. This jump almost closed the gap with the number one carrier in the region, COSCO Shipping Lines. The Chinese state-controlled operator, which still sits in pole position,
Port of Bilbao to showcase cruise services at Seatrade Europe The Port of Bilbao will present its cruise facilities at Seatrade Europe in Hamburg from September 10-12. The fair gathers cruise operators, tour companies, and suppliers from around the world. Bilbao will showcase its modern terminals in Getxo. The port offers three berths for ships of any size, just 20 minutes from the city center and close to the airport. Facilities include lounges, tourist se
cargo-partner expands UK Airfreight to 12 destinations cargo-partner, part of Nippon Express Holdings, has expanded its airfreight services from the UK to 12 new destinations across Asia, North America, and Africa. The new weekly services link the UK to major hubs including Johannesburg, Mumbai, Bengaluru, Delhi, Doha, Boston, Tokyo, Osaka, Nagoya, Fukuoka, and Taipei. With secured capacity from partner airlines, shippers gain more flexibility and co
ABB and Blykalla partner on nuclear power for shipping ABB has signed a memorandum of understanding with Swedish nuclear company Blykalla to speed up the use of small modular reactors (SMRs) at sea. The deal expands on an earlier 2024 agreement focused on Sweden's clean energy needs. Now the two companies aim to bring Blykalla's lead-cooled SMR technology into the maritime sector. Interest in nuclear shipping is growing. In June, the IMO agreed to up
General average declared for Marie Maersk Maersk Line has declared General Average in relation to the fire on board the ship Marie Maersk. This means that all cargo interests must contribute equally to the costs incurred in salvaging the ship and the containers on board. The 2013-built 19,076 TEU Marie Maersk was sailing from Rotterdam to Malaysia's Port Klang when its cargo hold caught fire off Liberia on 13 August. The fire burnt for a
Port of Long Beach commits US$102M to zero-emissions push The Port of Long Beach is stepping up efforts to cut air pollution and greenhouse gas emissions with a US$102 million investment in clean cargo-handling equipment, marine engines, and zero-emissions planning. The funding comes through the System-Wide Investment in Freight Transport (SWIFT) program, backed by the California State Transportation Agency. Most of the money, US$93.4 million, will supp
Singapore could grab the shipbuilding opportunity US-China tensions and environmental regulations create opening for city-state's specialized yards.
ITCO elects new Chairman and Board The International Tank Container Organisation (ITCO) has elected William Leigh-Pemberton, Strategic Development Director at Bertschi AG, as its new Chairman. Leigh-Pemberton, who has long been active in ITCO work groups and conferences, took up the role on 1 September alongside the organisation's newly formed Board. He brings broad industry experience and a strong strategic focus, aiming to furth
Sea-Intelligence: Europe's new port order In issue 731, Sea-Intelligence Sunday Spotlight, analysed the impact of the 2025 carrier alliance reshuffle on Europe's major container ports. With the new service networks fully executed and stable as of July 2025, Sea-Intelligence's analysis of the vital Asia-Europe trade lane reveals a significant consolidation of market power into hubs like Hamburg and Valencia, at the expense of established
WSC reinstates cargo inspection data The World Shipping Council (WSC) has released a new report on deficiencies in government cargo inspections, reviving a key data series that the IMO discontinued last year. Firstly, the 2024 report shows that 11.39% of inspected cargo shipments had issues, slightly up from 11% in 2023. Common problems include mis-declared or undeclared dangerous goods, incorrect documentation, and improper packing
Chinese shipping lines on the edge of maritime bipolarity New USTR penalties could trigger the emergence of parallel shipping networks serving competing geopolitical blocs
Ports of Stockholm enhance Norvik port infrastructure Ports of Stockholm is advancing its operational capacity at Stockholm Norvik Port through the development of an integrated goods terminal and bonded warehouse facility. This infrastructure enhancement provides operational flexibility and enables diversified cargo handling across multiple commodity categories. Ports of Stockholm has implemented a comprehensive facility upgrade at Stockholm Norvik
Bilbao Port Authority joins Waterborne Technology Platform Bilbao Port Authority has become the latest member of the Waterborne Technology Platform, a collaboration that brings together shipbuilders, shipowners, maritime equipment makers, research institutes, and EU institutions. The platform fosters dialogue among stakeholders in the waterborne transport sector, aiming to coordinate R&D efforts, set long-term goals, and promote sustainable, safe, and co
Stena Line aquires strategic port in Latvia Stena Line reinforces its strategic commitment to Baltic Sea trade development and regional resilience through the acquisition of port operations in Liepaja, Latvia. The maritime operator will acquire full ownership of port operator Terrabalt in Liepaja. Liepaja port operates within the Liepaja Special Economic Zone framework, a designated free trade zone established in 1997 encompassing port inf
Container accident at Port of Long Beach disrupts operations Cargo operations at the Port of Long Beach were disrupted on Tuesday morning after dozens of containers toppled from a ship at the Pier G terminal. The incident, which occurred around 9 a.m., involved the vessel Mississippi . According to early estimates from the U.S. Coast Guard, at least 67 containers were lost when stacks collapsed, causing the ship to list to one side. Representatives from th
Cavotec returns to Sweden with Nasdaq Stockholm Listing Cavotec has marked a major milestone with the listing of its new parent company, Cavotec Group AB, on Nasdaq Stockholm. The bell-ringing ceremony at the Swedish stock exchange celebrated the company's return to its roots. Founded in Sweden in 1975, Cavotec is a global leader in electrification solutions for ports and industrial and marine applications. The relocation of its registered office back
Maher Terminals boosts operations with Nokia Edge Platform Maher Terminals, one of North America's busiest container terminals, has deployed Nokia's Edge platform and private wireless technology to improve efficiency and security across its operations in Port Elizabeth, New Jersey. The 450-acre terminal, part of the Port Authority of New York and New Jersey, handles around two million containers each year. To manage this scale, Maher needed secure, high-
Tsakos adds to VLCC orderbook at Hanwha Ocean Greece's Tsakos Energy Navigation (TEN) has expanded its VLCC newbuilding programme at South Korea's Hanwha Ocean, adding one firm vessel and securing an option for a fourth. The new order builds on the two 320,000 dwt units TEN booked at the yard earlier this year. Those ships, confirmed in August, were priced at around $128m ...
Ciner charts return to boxships with China newbuilds Turkish industrial conglomerate Ciner Group is poised to re-enter the container shipping market with two 3,100 TEU vessels at China's New Dayang Shipyard. Boxship newbuilding players estimate each ship at around $44m, with deliveries expected in late 2027. While the exact design details remain under wraps, sources suggest the vessels will be conventional boxships suitable ...
Jinjiang Shipping in for up to four feeder newbuilds Shanghai-listed Jinjiang Shipping has returned to the yards, lining up fresh feeder tonnage as it looks to strengthen its intra-Asia network. The Shanghai International Port Group-controlled carrier has committed to up to four 1,182 teu containerships, with two firm units and two options. Deliveries are expected by 2027. Tender documents name SUMEC Marine as the ...
ABB and Blykalla move to bring nuclear propulsion closer to shipping Swiss technology group ABB has strengthened its collaboration with Swedish nuclear developer Blykalla to fast-track the use of small modular reactors (SMRs) in the maritime sector. The new memorandum of understanding (MoU) builds on an earlier deal between the two companies, signed in late 2024, that focused on developing Blykalla's lead-cooled SMR technology for Sweden's ...
South Korea's Dongjin Shipping breaks ground with first Chinese newbuild order South Korea's Dongjin Shipping has stepped outside its domestic market for its fleet expansion by ordering its first newbuilds from a Chinese yard. Brokers report the Seoul-based feeder operator has contracted Yangzijiang Shipbuilding for three 1,100 teu vessels in a deal worth about $70m. Each ship is priced at $23m, with deliveries scheduled between 2027 ...
Lepta Shipping books more LPG newbuilds in China Japan's Lepta Shipping has added to its orderbook at Yangzijiang Shipbuilding, contracting two midsize LPG carriers. Newbuilding sources said the 48,000 cu m pair will deliver in 2028 at an undisclosed price. The order follows separate deals at Yangzi Mitsui, where Lepta had earlier signed up for a series of 40,000 cu m LPG carriers ...
Oldest Irish port submits plans to become offshore wind hub The Port of Waterford lodged a direct planning application with the country's planning authority, An Coimisiún Pleanála, for its Offshore Renewable Energy (ORE) Capable Terminal at Belview in Kilkenny County. The application follows the recent granting of a Maritime Area Consent (MAC), which provides the legal basis for the port to seek permission to develop ...
NMDC and ADNOC L&S sign three-year offshore services pact Abu Dhabi's National Marine Dredging Company (NMDC) and ADNOC Logistics and Services (ADNOC L&S) have signed a three-year agreement to collaborate on maritime services for offshore projects. This agreement establishes an expanded framework for continued collaboration on offshore EPC projects in Abu Dhabi. It includes provisions for marine services and integrated logistics. This agreement will ...
OrbitMI: Who will be the winners in the connected maritime era? OrbitMI chief executive Ali Riaz is convinced shipping is entering what he calls the "connected maritime era" - a decisive break from fragmented decision-making toward integrated, AI-driven systems that let owners act before market shifts or risks fully materialise. "The next 12 months will mark the shift from fragmented, reactive decision-making to connected platforms," he ...
BP plans five-well Mediterranean drilling campaign off Egypt Energy supermajor BP has signed a memorandum of understanding (MoU) to evaluate opportunities for a five-well drilling programme in the Mediterranean Sea. The programme is designed to accelerate the development and production of Egypt's national gas reserves, with the intent of extending the use of existing production facilities in the West Nile Delta. Drilling operations ...
McDermott wins subsea work on PTTEP's gas field expansion project Houston-based offshore contractor McDermott has been awarded an offshore subsea contract for the Block H gas field expansion project located off the coast of Sabah, east Malaysia. The PTTEP Sabah Oil Limited-operated expansion project covers the Alum, Bemban, and Permai deepwater fields. Under the scope of the contract, McDermott will deliver EPCI services for a ...
Maersk muscles in on COSCO's intra-Asia crown Maersk has climbed the ranks of the intra-Asia trades to challenge the tradelane's leader COSCO, according to new data compiled by Alphaliner. The Danish carrier has added an extra 100,000 teu in capacity into the intra-Asia trades over the past 12 months, container shipping's busiest area, whereby it now stands just a couple of thousand ...
HD Hyundai union boss scales crane as wage talks collapse Shipbuilding labour unrest has intensified in South Korea with the head of HD Hyundai Heavy Industries' union climbing a 40 m crane at the group's Ulsan yard this morning in protest over stalled wage negotiations. Baek Ho-sun, branch chief of the Metal Workers' Union at Hyundai Heavy, began his high-altitude protest shortly before 10 am, ...
HD Hyundai presses ahead with electric propulsion boxship project At this week's Gastech exhibition taking place in Milan, HD Korea Shipbuilding & Offshore Engineering (HD KSOE) and HD Hyundai Heavy Industries (HD HHI) have received approval in principle (AIP) from ABS for their concept design of a 16,000 teu containership with an electric propulsion system. The AIP represents the culmination of the project's first ...
67 boxes tumble overboard from ZIM-chartered vessel berthed at Long Beach A ZIM-chartered containership suffered a serious cargo accident while alongside at the Port of Long Beach yesterday, with 67 containers falling into the harbour during discharging operations - some striking a clean air barge moored nearby. The accident involved the 2024-built, 5,504 teu Mississippi containership. Terminal officials confirmed no injuries were reported, but several containers ...
Bulker fallout looms as trade tensions threaten US soyabean season US grain exports outperformed through August, but are poised for a fall in the final four months of the year...
Container lines ramp up intra-Asian capacity as 'China+1' strategy accelerates Intra-Asian container trades are booming as carriers led by Gemini partners and Chinese lines boost capacity, amid manufacturers' accelerated shift...
Edda Wind appoints new chief executive Helland will replace former chief executive Kenneth Walland, who stepped down from the helm of the Norwegian wind vessel operator at...
To capture CO2 at sea, find more uses for it on land A trial showed the process could be done safely, but highlighted roadblocks to a bigger role for onboard carbon capture...
TEN inks third VLCC newbuild amid 'strong' market fundamentals Tariffs-triggered turmoil this year was 'excessive' as tanker outlook remains healthy, says Greek owner
Carriers redraw US trade routes to hedge against tariff risks and fleet expansion Carriers are redrawing the map of US container connectivity as direct transpacific services shrink in favour of longer, multi-leg routes...
Greek owners 'have appetite' to expand when mist clears New study shows Greek-owned fleet growth has slowed as owners hold back from orders and secondhand sales outpace acquisitions
Ship recycling volumes fall on currency woes and low steel demand With most of its ship recycling yards being Hong Kong Convention compliant, India is picking up the bulk of scrapping...
Dozens of containers fall off vessel berthed in Long Beach US Coast Guard said that 67 containers fell from the Zim-operated, 5,500 teu Mississippi while berthed at the US port...
HJ Shipbuilding receives new boxship orders worth $450m The mid-sized South Korean builder has seen order wins slow substantially this year amid demand and geopolitical uncertainties
Stena Line acquires Latvian port operator Terrabalt Stena Line to expand Baltic presence with the acquisition of Latvian port operator Terrabalt, owner of the ro-ro and cargo...
Iron ore may face demand question for the first time in decades Until now, miners have only faced one question: how much can we get out of the ground and on to...
Cargo insurance premiums 'dropping off cliff,' IUMI told Turnaround looks likely after stability in decade to date, warns Brews
The Daily View: China rising
Loss prevention still crucial for marine insurance, IUMI told 'Some may question whether the concept has passed its sell-by date. But in reality, it has never been more relevant.'
Mozambique joins rapidly growing fake flag roster for sanctioned tonnage The IMO's database features 432 fraudulently registered ships but the real figure is growing more quickly than the regulator's attempts...
US imports drop in August as expected, but they're still very high US imports declined in August versus July, however, this is not unusual and the drop was small. Predicted volume fallout...
Daily Briefing China now core hull insurance centre, IUMI told | Sanctions forcing underwriters to reconcile opposites, Roberts warns | Iran LPG...
Maersk suspends seasonal trans-Pacific service Maersk's suspension of the TP9 service from Xiamen and Busan is the latest effort by carriers to stem declining container spot rates and adjusting capacity to softening demand.
No recession, but a restocking 'reset' seen possible for US trucking Lean inventory management and low sales ratios could lead to stock-outs in early 2026, Armada Corporate Intelligence warns, depending on strength of consumer demand.
DC court hears challenge to FMC rulemaking on refusal to deal The World Shipping Council's fight to have the FMC revise a key aspect of OSRA-22 hinges on how far the agency's regulatory power extends into freight rates.
Elimination of US 'de minimis' rule hits SMEs hardest The Aug. 29 global removal of duty-free access for low-value US imports comes ahead of the end-of-year peak season for air freight.
NTSB launches investigation into Long Beach container collapse Agency's involvement signals incident is considered major marine casualty
Six tanker stocks are finally trading above NAV Prevailing price discounts have had implications ranging from IPOs to follow-on equity deals
CMA CGM decides against surcharge for US fees despite adding to Chinese-built fleet French liner operator says adjustments have minimised exposure to Trump official's charges
Investors in offshore vessel companies want cash not ships, Pareto analyst says Newbuildings will make money, but investors do not want to see more capacity, Jorgen Sovik Opheim argues
US sends in big guns to deliver message on filling the Russian energy hole in Europe Secretaries Doug Burgum and Chris Wright hit Gastech
Asiatic Lloyd joins container ship newbuild rush Company is said to be contracting at least two 7,000-teu newbuildings
Zodiac Maritime marks 'defining moment' with completion of $1bn car carrier project Last newbuilding in 10-strong series arrives with significant charter backlog
Tsakos Energy extends VLCC newbuilding drive with additional tankers booked at Hanwha Ocean Nikolas Tsakos adds one firm and one optional crude carrier to spate of newbuildings
Lessons from IUMI Singapore: Protectionism, competition and technology forge a new world order for marine insurers Marine insurance industry is grappling with geopolitical challenges and new technology
Andreas Martinos sees feeder fleet hit a dozen ships with fresh addition Greek owner builds on his early lead in investing in modern, small container ships
CMB.Tech could be one for the generalists, Saverys says Diversified owner focused on playing the cycles so investors don't have to
Adam Polemis lines up suezmax tankers in comeback deal for South Korean shipyard Block maker Sungdong Shipbuilding to construct crude carriers
John Fredriksen's Frontline linked to four VLCC newbuildings in China Company is said to be paying $118m each for the tankers
Svitzer names first electric tugboat as CEO targets sustainability and growth Danish company has ambition to be climate-neutral by 2040
Opec, sanctions and tariffs: Why Christmas has finally come for VLCCs Analysts tip tankers to pick up as winter looms, and things are looking up
Trump squeezes Putin with threat of shadow fleet crackdown and 100% tariffs on China and India Prospective moves are part of new punitive measures for buyers of Russian oil and gas
Trump tariff roller coaster 'could alter the entire cargo landscape' for shipping Trade routes are changing in response to US strategy
John Fredriksen and Idan Ofer's Edda Wind hires new CEO from OSM Thome Stig Morten Helland will take position on 29 September
Equinor forges ahead with LNG carrier newbuilding tender Shipowners finally get some fresh business to dig their teeth into, but their numbers suggest stiff competition
John Fredriksen's Frontline swoops on four VLCC newbuildings in China Company is said to be paying $118m each for the tankers
Record-high newbuilding deliveries in 2026 to pressure owners into pushing back tanker launch dates Volatile geopolitics will remain as market mover in tanker trade flows
Dark fleet retirement could see scrap prices plummet, warns Lila Global S&P chief Veteran says 90% of the dark fleet will not be able to trade if sanctions are lifted
'Blame game': Fresh push to protect ship captains caught up in international crime Shipmasters call for special protection to provide legal fighting fund to battle trumped-up charges
Equinor forges ahead with LNG carrier newbuilding tender. Up to 30 shipowners invited to bid for the business Shipowners finally get some fresh business to get their teeth into, but their numbers suggest stiff competition
Greek shipowner snaps up two capesizes as seller edges closer to bulker exit Extra-long forward delivery reportedly agreed for Japanese-built units
Reducing the risk: Insurers examine AI to build safer shipping portfolios Underwriters to assess the challenges facing shipping
Hello NAV! These six tanker stocks are finally trading above steel valuations Prevailing price discounts have had implications ranging from IPOs to follow-on equity deals
NextDecade greenlights fourth LNG train amid growing talk of supply glut Producer prepares to give go-ahead on fifth unit
'Good chance' of VLCC rates hitting $100,000 this year, says Pareto Securities Bank's energy conference starts today in Oslo
International Seaways issues new $250m bond in Oslo market debut Five-year unsecured bond will pay fixed coupon of 7.125%
Drug claims put seafarers and recruitment at risk, union says Criminalisation will worsen shipping's recruitment crisis, says union
Sanctions drive China to emerge as top buyer of vintage VLCCs: Veson Big tankers' popularity with Chinese owners pushes up value of 25-year-old vessels by one-third
Containers fall from Zim ship onto emission-capture barge and into California bay Stax Engineering barge damaged in incident at Long Beach
IMO's Net-Zero Framework is too much for some, not enough for others, but likely to work Not every one will get what they want from the draft global carbon regulations, but that's not the goal
Ex-FMC chief warns: U.S. maritime push needs deeper look The former top U.S. maritime official backs U.S. initiatives to revitalize shipping and shipbuilding, but warns that careful planning is needed.
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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