Sabine Surveyors names new leadership after parent company shift Houston-based Sabine Surveyors Ltd. announced organizational changes following a parent company transition from Gulf Copper & Manufacturing Corp. to Sabine Marine Group, effective December 1. The shift marks a new phase for
Q&A: Caterpillar Marine discusses the shift to cleaner workboat power As the maritime industry navigates the push toward decarbonization, vessel operators are weighing a complex mix of technologies, regulations and fuel options. Workboat operators, in particular, face tough choices as they balance performance, safety and cost while
Big Beautiful Gulf 1 oil and gas lease sale generates $279.4M in high bids The Department of the Interior today announced that the Bureau of Ocean Energy Management successfully conducted Lease Sale Big Beautiful Gulf 1, which is the first mandatory offshore oil and gas lease
Ports of Indiana names Kent Ebbing Foreign-Trade Zone director Ports of Indiana has hired Kent Ebbing to lead a Foreign-Trade Zone (FTZ) initiative supporting the growth of global trade in Indiana. Ebbing joins Ports of Indiana as Foreign-Trade Zone director, following
RTA breaks ground on Algiers Ferry Terminal renovation The New Orleans Regional Transit Authority (RTA) hosted a groundbreaking ceremony December 8 to celebrate the start of construction on the long-awaited Algiers Ferry Terminal Renovation Project, a significant effort to modernize
Op-Ed: Why digital work instructions are critical for the future of shipbuilding The shipbuilding industry is navigating a period of profound change, driven by a generational workforce evolution and intense pressure to optimize operational efficiency. For decades, shipyards have built and maintained complex vessels
Crowley names Megan Davidson its new COO Crowley reports that Megan Davidson will succeed Ray Fitzgerald as its chief operating officer effective Jan. 1, 2026. The planned succession is designed to seamlessly advance operational excellence and the company's growth
Trials on DEME WTIV verify benefits of ABB's new DP2 functionality ABB reports that it has verified a major advance in vessel dynamic positioning (DP) technology, following successful Failure Mode and Effects Analysis (FMEA) proving trials and sea trials on board the new
Bourbon awarded major contract by ExxonMobil Guyana Marseille-headquartered offshore services major Bourbon reports that it has signed a major 5-year contract (with extension options) with ExxonMobil Guyana Limited (EMGL) to provide maritime services in Guyana. It covers the transportation
Trelleborg's Andrew Stafford takes lead role at SGMF Trelleborg Marine and Infrastructure announced that Andrew Stafford has been appointed Chairman of the Technical Committee for the Society for Gas as a Marine Fuel (SGMF). His three-year term begins in the final quarter of 2025. SGMF is the maritime sector's leading authority on the safe use of gaseous and low-carbon fuels. It brings together shipowners, fuel suppliers, port operators, equipment
Everllence completes full-load ethanol engine trial Everllence has confirmed the successful operation of its 21/31 dual-fuel engine running fully on ethanol at its test facility in Frederikshavn, Denmark. The engine performed successfully at all load points, proving the platform's fuel flexibility. Everllence has led alternative-fuel engine development for more than a decade. It introduced the first commercial two-stroke methanol-burning engine in
MSC and SLPA renew terminal service agreement at Port of Colombo Mediterranean Shipping Company (MSC), the world's largest container line, has renewed its commitment to the Port of Colombo. MSC and the Sri Lanka Ports Authority (SLPA) signed a new Terminal Service Agreement to guide their cooperation in the coming years. The agreement focuses on operational clarity, service efficiency, and capacity planning. It aims to support expected increases in cargo throu
Mintra expands Greek maritime footprint with SQLearn acquisition Mintra, a global leader in digital learning and workforce management solutions for the maritime and energy sectors, has completed the acquisition of SQLearn, a leading Greek provider of online maritime training solutions. The move reinforces Mintra's commitment to supporting the maritime industry's digital transformation in Greece and beyond. Mintra offers a comprehensive suite of learning, HR, a
Smart port infrastructure transforms AI from optional to mission-critical Industry faces infrastructure-or-irrelevance choice as unmanned vessels force US$67 billion port revolution
$53 million deal signed to expand food logistics at Dammam Port Saudi Arabia will expand food-supply infrastructure at King Abdulaziz Port, according to Arab News . The Saudi Ports Authority (Mawani) signed a SR200 million ($53.2 million) deal with Arabian Agricultural Services Co. (Arasco). The contract was signed by Suliman bin Khalid Al-Mazroua, president of Mawani, and Arasco CEO Ziyad A. Alsheikh. The project supports the National Transport and Logistics
CMA CGM opens agency in Tonga The CMA CGM Group, a global leader in sea, land, air and logistics, has opened a new agency in Tonga as part of its strategic expansion across the Pacific Islands. The move follows the launch of company agencies in Samoa in September and American Samoa in November, completing CMA CGM's planned Pacific network growth for 2025. The agency, based in Nuku'alofa, gives local communities and businesses
Transnet teams up with ICTSI to upgrade Durban Terminal According to Reuters, South Africa's state logistics group Transnet has signed a 25-year concession agreement with Philippines-based terminal operator ICTSI to upgrade Durban's main container terminal. The deal is part of the government's plan to address Transnet's long-standing underperformance, which has hindered exports from Africa's largest economy. ICTSI will take over operations at Durban C
AD Ports Group deployed most AI agents in a logistics facility AD Ports Group was recognized by Guinness World Records for the most AI agents deployed in a logistics facility after deploying 205 AI agents across its global operations. By deploying autonomous agents across functions ranging from cargo handling to warehouse automation, AD Ports Group has delivered measurable efficiency gains, cost reductions, and operational resilience at scale. Key innovation
Why half the world's trade is leaving the West behind? A tectonic shift is underway in global shipping as South-South trade grows three times faster than the global average, while the maritime industry is witnessing nothing less than a wholesale redrawing of the world's cargo map one that threatens to leave Western hubs watching from the sidelines. South-South trade surged 8% in 2024-2025, dwarfing the 2.4% global average, according to UNCTAD's lates
Genco receives takeover proposal from Diana Shipping Genco Shipping & Trading has confirmed it received a non-binding takeover proposal from Diana Shipping Inc. Diana offered to buy all outstanding Genco shares it does not already own for $20.60 per share in cash . Diana currently holds about 14.8% of Genco's common stock. Genco's board said it will review the proposal with its financial and legal advisers. The company stressed that shareholders do
US-China trade corridor faces structural collapse as data confirms bilateral decoupling Mirror-image statistics from Beijing and Washington reveal permanent fracture in world's most important trade relationship. China's announcement of a record USUS$1 trillion trade surplus masks a 29% plunge in shipments to America, while new data from the National Retail Federation reveals US container imports are headed for their steepest sustained decline in years confirming that the transpacifi
Euroseas signs multi-year deals for three container ships Euroseas Ltd. has secured new forward charter agreements for three of its modern fuel-efficient 2,800 TEU container vessels: the M/V Leonidas Z, M/V Gregos and M/V Terataki. Euroseas is a shipowner and operator of container vessels serving global seaborne transportation needs. The new contracts cover a minimum period of 35 months and up to 37 months, at the charterer's option. All vessels will op
Piracy in Asia surges in 2025 Piracy and sea robbery in Asia increased significantly in 2025, reversing the relative stability recorded in previous years. Based on incident data compiled through ReCAAP , 127 incidents were recorded by 10 December 2025, compared with 107 in 2024. This makes 2025 the highest annual total in recent years, confirming a clear upward trend for maritime crime in the region. Previous annual totals we
DACHSER expands Freiburg Logistics Center DACHSER is expanding its logistics center in Freiburg to launch food logistics operations in southwest Germany. The company is building a new temperature-controlled terminal at its site in the Breisgau industrial park near Freiburg. Construction began in August 2025 and the facility will open in June 2026. DACHSER held a topping-out ceremony for the project on 5 December. The company is investing
U.S. container imports fall in November as China volumes weaken U.S. container imports declined in November as shipments from China dropped sharply and seasonal slowdowns took hold, according to Descartes' December Global Shipping Report. Imports totaled 2.18 million TEUs in November. That figure was 5.4% lower than October and 7.8% below the same month last year . Despite the decline, November ranked as the fourth-strongest November on record , pointing to s
Brazil court backs two-stage auction for mega Santos terminal According to Reuters, Brazil's Federal Audit Court (TCU) has backed a two-stage auction for the planned Tecon 10 mega terminal at the Port of Santos, a move that limits existing operators' access to the first bidding round. Firstly, the court voted six to three to recommend excluding current terminal operators from phase one of the auction. The judges cited concerns about market concentration at
South Korea's shipbuilders as Washington's commercial proxy HD Hyundai's recent expansion signals maritime industry's transformation from market competition to geopolitical chess match
MSC launches two new long-haul services from Bilbao MSC Mediterranean Shipping Company has added two new container services from the Port of Bilbao. From 20 December, Bilbao will join a weekly direct service linking northern Europe with the west coast of South America. The Bilbao Port Authority called the move a major milestone for the port. Bilbao will become the final port of call in Spain and the second-to-last in Europe before vessels sail to
Kalmar partners with Kempower and SINEXCEL Kalmar has launched a new range of DC charging solutions to support its electric equipment portfolio. The solutions were developed in partnership with charger specialists Kempower and SINEXCEL. The partnerships combine Kalmar's expertise in electric material-handling equipment with Kempower's and SINEXCEL's experience in DC charging technology. Together, the companies aim to deliver reliable, eas
Wärtsilä wins 120 MW Australia power contract Wärtsilä will supply engines, control systems and auxiliary equipment for a new 120 MW power plant in Kalgoorlie, Western Australia. Australian independent power producer Zenith Energy Operations placed the order in the fourth quarter of 2024. The plant will support operations at Kalgoorlie Consolidated Gold Mines (KCGM), one of Australia's largest gold mines, owned by Northern Star Resources. Th
Aegean Bulk returns to newbuilds with kamsarmax quartet in China Greek owner Aegean Bulk has re-entered the newbuilding market after nearly 15 years away, signing a four-ship kamsarmax order at China's fast-expanding Hengli Shipbuilding. The deal marks the owner's first newbuilding move since the delivery of its last pair of kamsarmaxes in 2012. The Athens-based company, led by Panagiotis and George Angelopoulos, currently controls a ...
Knutsen books new LNG carrier at Hanwha Ocean backed by Edison charter Norway's Knutsen Group has firmed up another LNG newbuild in South Korea, ordering a 174,000 cu m carrier at Hanwha Ocean on the back of a long-term charter deal with Italy's Edison. The contract will see the vessel deliver and begin its charter in 2028. The new carrier will join Knutsen's expanding LNG fleet and ...
Mintra moves deeper into Greek maritime market with SQLearn acquisition Norway's Mintra has strengthened its position in maritime e-learning with the acquisition of Greek digital training specialist SQLearn, marking another step in its push to support the sector's ongoing shift toward digital learning and competency management. Mintra said the deal adds scale and depth to its portfolio, combining its global software platforms with SQLearn's strong ...
Euroseas banks multi-year cover for boxship trio Greek boxship owner Euroseas has secured three forward charters for its modern 2,800 teu feeder ships, locking in multi-year employment well ahead of schedule. The Nasdaq-listed firm said the 2024-built Leonidas Z, 2023-built Gregos and 2023-built Terataki have all been fixed for 35 to 37 months at a daily rate of $30,000. The charters will ...
DEME secures multi-scope contract for Polish wind farm Belgian marine contractor DEME has secured a major role in Poland's offshore wind expansion after winning three contracts covering foundation and cable installation work for the BC-Wind project in the Baltic Sea. The combined awards are worth €150m-300m, ($175m-$350m). BC-Wind is being developed by Ocean Winds, the EDP Renewables-ENGIE joint venture, about 23 km off ...
Bourbon lands five-year ExxonMobil deal in Guyana French offshore vessel owner Bourbon has secured a major boost in Guyana after signing a five-year maritime services contract with ExxonMobil Guyana Limited, with options to extend. The deal will begin in the first quarter of 2026 and will be anchored by the large platform supply vessel Bourbon Calm, which will handle the transport of ...
Ventura adds $20m semisub backlog on fresh Eni slot Oslo-listed Ventura Offshore has picked up more work for the semisubmersible SSV Catarina after Eni Indonesia exercised a third optional well under its current drilling campaign. The latest call-off keeps the Catarina working through the second quarter of 2026 and adds roughly $20m to Ventura Offshore's firm backlog. Eni still has one optional well remaining ...
Eurotankers steps up sales of ageing tankers Greek owner Eurotankers is stepping up its exit from the ageing VLCC space. The outfit has quietly sold the 317,400 dwt Eurovictory (built 2009, Hyundai Heavy) for about $61m, according to sales registers. The price appears off, given prevailing benchmarks for vessels of similar age. The sale follows two earlier disposals this year involving one ...
Polemis stays active in the VLCC arena Greek shipping tycoon Adam Polemis and his New Shipping outfit continue to make waves in the VLCC segment, clinching a series of lucrative moves in quick succession. At the end of last week, brokers reported that New Shipping fixed out the scrubber-fitted, 2016-built VLCC New Giant to Unipec at around $126,000 per day, on subs, ...
The critical importance of shore leave Ben Bailey, director of programme at The Mission to Seafarers, has an urgent message to protect the global maritime workforce. Every day, close to 2m seafarers sail the world's oceans, keeping global trade flowing and economies alive. These men and women operate in environments defined by isolation, long hours, and immense responsibility. Yet, as our ...
Angola licensing round boosted by Viridien's seismic reimaging program Viridien, formerly CGG, has announced a new multi-client seismic reimaging program over Angola's highly prospective offshore block 22 to support the country's upcoming licensing round. The 4,300 sq km high-end data set will provide insight into underexplored structures along the Atlantic Hinge zone, following the same trend as the proven Cameia and Golfinho fields. Fast-track ...
CMA CGM vows to have 1,000 women at sea by 2030 French liner giant CMA CGM has set a new target of having 1,000 women at sea by the end of the decade. This comes after the company's internal program, She Sails, doubled the number of female seafarers on CMA CGM vessels. Within just one year, the program boosted the company's number of female seafarers from ...
NYK orders car carrier with AI-powered autonomous navigation system Japan's Nippon Yusen Kaisha (NYK) has ordered a new car carrier outfitted with an advanced autonomous navigation system from Shinkai Toyohashi Shipbuilding. The vessel, set for delivery in March 2026, is designed to enhance safety and streamline onboard operations. Trials will be conducted during actual commercial voyages to verify the effectiveness of the new technologies ...
McDermott lands subsea deal from Petronas for Brunei gas project Houston-based offshore contractor McDermott has secured a subsea contract from Petronas Carigali for engineering, procurement, construction, installation, and commissioning of a natural gas development project offshore Brunei. The award follows McDermott's successful completion of front-end engineering design, engineering optimisation, and readiness planning for the project. Under the contract sc
Judge overturns Trump's 'arbitrary and capricious' offshore wind ban The US offshore wind sector has won a lawsuit against the Trump administration after a federal judge overruled the moratorium on wind development. Donald Trump signed an executive order that paused new offshore wind activity in the US on his first day in office. In late January, the administration announced a temporary withdrawal of all ...
Berg Propulsion: Why owners are now willing to spend to save Berg Propulsion CEO Stefan Sedersten is clear about the shifting economics of maritime technology. "The payback is often much quicker than before, which makes it easier to justify the investment decision," he says, arguing that the long-debated spend-to-save mindset has finally taken root across global shipping. Speaking to Maritime CEO, Sedersten describes an industry that ...
V Group makes surprise boxship debut Greek conglomerate V Group is making its first move into containership ownership, signing contracts for a pair of Guangzhou Wenchong Shipyard (GWS) 1,930 teu bangkokmax vessels, according to Alphaliner. Not to be confused with the global shipmanager, the Piraeus-based group, led by Vyron Vasileiadis is best known for its operations in port reception facilities, emergency ...
Global trade to hit record $35trn this year: UNCTAD Global trade is on track to hit an unprecedented $35trn this year, with East Asia, Africa and South-South corridors driving the gains even as geopolitical fragmentation reshapes supply chains, according to UNCTAD's year-end global trade update. Trade is expected to grow 7% in 2025, adding $2.2trn in new value. Crucially, the late-year expansion is being ...
China's BYD plots marine push in tie-up with Corvus European and Chinese companies are joining forces to spearhead the adoption of giant batteries at sea. China's BYD, the world's fourth-largest car manufacturer, is looking at getting into marine. Subsidiary BYD Energy Storage has signed a memorandum of understanding with Norway's Corvus Energy, a market leader in marine energy storage systems (ESS), to establish a ...
An outdated ISM code awaits a doctor Captain Naveen Singhal and Captain M M Saggi write for Splash today, calling for significant regulatory change to make shipping safer. One of the findings of the National Transportation Safety Board's investigation report dated July 31, 1990, on the Exxon Valdez incident was that the US flag administration (USCG) was under pressure from ship owners ...
Business as usual for Panama Canal as US pursues forceful Latin America stance On one hand, it has been several months since US President Donald Trump has talked about 'taking back' the Panama...
'We've just seized a tanker': US forces take over sanctioned, stateless VLCC off Venezuela The US seized a sanctioned, falsely flagged tanker off the coast of Venezuela in an escalation of the Trump administration's...
Ukraine reportedly strikes another shadow fleet tanker in Black Sea Maritime security sources have received reports that another shadow fleet tanker has been struck by Ukraine in the Black Sea
Alternative fuel liability gaps may be wider than they appear West P&I assistant corporate director Erin Walton says P&I clubs already cover liabilities from alternative fuels. But there are big...
Ukraine arrests vessel for transporting grain out of Crimea Ukraine's move comes at a time it has intensified and extended the range of its attacks on Russian ships in...
Feeder vessel order boom pushes boxship orderbook past 11m teu The orderbook share has now reached the equivalent of 35.2% of capacity of the fleet in service, a level only...
Cargo interests urged to leave salvage to salvors Cargo interests have right to information, but getting job done comes first
Shipping decarbonisation delayed, not derailed, say BV chiefs Despite the IMO's net zero delay and patchy progress on green fuels, Bureau Veritas argues that environmental pressure, China's scale...
One Hundred People 2025 countdown - 40-26 Lloyd's List has launched its annual One Hundred People ranking, the definitive guide to the most influential figures shaping the...
Top 10 technology leaders 2025 The sheer disruption that Starlink has caused in the maritime industry earns chief operations officer Gwynne Shotwell first place in...
The Daily View: Dodging a bullet (again)
Global trade set to hit record $35trn this year before slowing Unctad said growth had slowed in the second half and that the trend could continue into 2026
'We did not do our homework': divided African states were an 'easy picking' at IMO vote Ghana Chamber of Shipping president Stanley Ahorlu said African negotiators were 'fragmented' and unprepared for the Net-Zero Framework vote, calling...
Suspected Iran-laden gas carrier makes Bay of Bengal U-turn A gas carrier suspected to be laden with Iranian-origin LPG made an abrupt U-turn on its way to Chittagong, and...
Daily Briefing Tanker identity theft cases have risen dramatically this year | Zim's next chapter hinges on year-end shareholder vote | One...
Reliance on contracts results in unused truckload, ocean capacity: study A study commissioned by Freightos finds truckload shippers fail to use 70% of the contracted capacity they negotiate.
US container volumes set for weak 2026 amid ongoing trade uncertainty S&P Global's outlook for the transportation sector sees US ports facing a volume decline in 2026 with the potential for recovery in 2027.
US truckload rates jump on poor weather, shorter holiday shopping season While dry-van spot rates typically climb in December, this year's increase is the highest for early December in more than five years, according to DAT Freight & Analytics.
Transfix targets 'unbundled' chaos of truckload brokerage with TMS product The move into transportation management expands Transfix's scope from its current focus on brokerage pricing technology.
Cargo bookings for Asia-Europe ocean trade rise sharply in December The rise in bookings is driving an increase in the capacity offered by ocean carriers on Asia to North Europe and the Mediterranean that this week reached record levels on both trades.
Trump says US has seized tanker as Venezuela tensions ratchet up President tells reporters that vessel was 'the largest one ever seized'
Video shows explosions as Ukraine targets alleged dark fleet tanker Ukrainian forces also arrest bulker in Odesa accused of being part of 'shadow' fleet
Star Bulk guides for strong fourth quarter as dry freight rates soar US-listed giant's fourth-quarter guidance comes as bulker spot rates cool from recent two-year highs
Floating storage on the rise as oil glut debate rages Trafigura's 'super glut' scenario would likely see floating storage roaring back
Morocco wants first FSRU in place by 2027 amid regas unit shortage Tight timing for a conversion but some providers might be ahead of the pack
Long-standing Fearnley Securities shipping equities analyst quits sector Nils Thommesen's shift leaves Fredrik Dybwad to cover the whole sector
CMA CGM doubles female seafarer numbers as it raises 2030 target Container ship giant hails 'feminisation' of workforce at sea
Norwegian credit fund bets on Navios bonds backed by $3.7bn backlog Storm Bond Fund sees strong earnings visibility
Platform fire takes fizz out of suezmax rates as Atlantic activity hits nine-month low Sentosa says problems with Nigerian exports have hit volumes
$1bn 'nurdle' spill demand spooks shipping and leaves regulators scrambling Global regulator set to tighten rules next year on 'nurdle' packaging after a string of high-profile losses
Navigator rated 'buy' as Pareto sees 'hidden' values and stable cash flow from LPG US ethylene export terminal carries underlying value
Green Seas: Go East, 'me old China' Welcome to the new combined Green Sea and Shiptech newsletter
SSY and Grieg Shipbrokers takeover talk swirls A potential new broker buyout is the talk of Christmas party season
Decarbonisation capital still has some wind in its sails even after IMO flop Capital to fund clean technology is even more important after failure to create global framework
Robin Energy reveals rising rates for gas carrier and tanker fleet Petros Panagiotidis company says a mix of spot and period deals is boosting its backlog
Law firm CJC celebrates first 15 years with new hires and promotions Shipping specialist has grown from London base to operate around the world
Flag states urged to back compensation scheme for 'horrible, nasty stuff' spills New fund could pay out for spills of some 2,000 hazardous cargoes regularly transported by shipping
Everllence testing ethanol as a marine fuel on smaller engines Tech firm trials ethanol in dual-fuel methanol engine in Denmark
China Merchants secures second cruise order in a week as Mystic expands fleet Chinese yard to build up to four small vessels
Nordic countries launch phase two of maritime decarbonisation plan Norway, Sweden and Iceland team up with industry to develop green shipping road map
Sunken assets: How new rules and environmental scrutiny are driving the costs of wreck removal sky high Bigger ships make recovery from the seafloor ever more difficult
Bourbon taps into Guyana oil bonanza with ExxonMobil offshore supply ship deal Offshore shipowner says agreement for platform supply ship breaks new ground in the South American country
Star Bulk sheds its last panamax in 15th ship sale of active year Operator of about 150 bulkers turns the page on ageing ship class and steams ahead with kamsarmaxes instead
Greek and Norwegian shipowners strike for newbuildings as Hengli stacks up orders Chinese shipyard continues a stellar run
China Merchants secures fresh cruise order in a week as Mystic Cruises expands fleet Chinese yard to build up to four small vessels
'Strong demand': Euroseas reports forward fixture for feeder pair until 2029 Owner expects latest chartering deals to add $75m to Ebitda
China Merchants secures fresh cruise order in a week as Portuguese owner expands fleet Chinese yard to build up to four small vessels for Mystic Cruises
'Strong demand': Euroseas reports forward fixture for feeder pair until 2029 US-listed owner expects fresh batch of chartering deals to add $75m to its Ebitda
KCC hunts new combination carrier concepts as fleet expands Oslo shipowner aims to find new customers and trades
Russian LPG terminal burns for three days after Ukrainian attack Security service says drones struck port in Sea of Azov
'Heads we win, tails we win': Why container tonnage providers are sitting pretty Forward charters have changed the outlook - even if freight rates fall and the Suez Canal reopens
Andrianopoulos family tanker newbuilding linked to five-year charter with trader AB Commodities said to have secured clean and dirty trading capacity with LR2 deal
Chinese shipbuilder's research arm quantifies cost of removing one tonne of CO2 'Closing the loop' - from capture at sea to permanent storage on land
Arrested bulker saga takes new twist as ownership comes under dispute Indian court handling the case could order the Elvita R auctioned
Chinese bulker operator offloads vessel at slight loss on original purchase price Sale comes only a year after acquisition
TotalEnergies FPSO set to live on despite reports of recycling sale Oil major says recently decommissioned floater will be refurbished and redeployed
NYK lines up large LNG carrier newbuilding order against charter business Incoming contract signals the need for shipping from a new wave of US product
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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