VIDEO: House panel hears testimony on state of U.S. shipbuilding A hearing into U.S. shipbuilding held by the House Armed Services Committee's Seapower and Projection Forces Subcommittee likely gave some insights into issues that will be top of mind for the White
Police arrest master of Solong in wake of Stena Immaculate strike UPDATE TO EARLIER STORY:The Humberside Police has arrested the master of the Solong, the containership that struck the U.S.-flag TSP-program tanker Stena Immaculate yesterday. One member of the Solong crew is missing,
TTB 2025 set to take place in just 2 weeks Marine Log's highly anticipated Tugs, Towboats & Barges (TTB) 2025 conference is just two weeks away, scheduled to begin on March 25 in Mobile, Ala., at the Renaissance Mobile Riverview Plaza. The
Meridian Port Services, Portchain automate schedule updates for streamlined berth process Two years after implementing Portchain Connect, Meridian Port Services (MPS) continues to refine its berth alignment processes with shipping lines. Through a successful integration, Portchain now provides MPS with automatic berth schedule updates, enhancing efficiency and coordination with carrier customers. By leveraging Portchain Connect, MPS improves the accuracy and speed of berth alignment t
Danelec reaches 15,000 vessel milestone Danelec's deployment of high-frequency data (HFD) collection systems on over 15,000 vessels worldwide is a significant milestone of the shift towards real-time, data-driven decision-making in the shipping industry. This growing trend reflects the increasing need for more granular and continuous insights into vessel performance, fuel consumption, predictive maintenance, and compliance with interna
Mercedes-Benz places record SAF order from DB Schenker to reduce CO2 emissions Mercedes-Benz has placed the largest single-volume order for Sustainable Aviation Fuel (SAF) from DB Schenker, marking a significant step in reducing its carbon footprint. The agreement, which involves the procurement of approximately 13,000 tons of SAF, will help the German automotive company's cut CO2 emissions by 40,000 tons. The biofuel will be used for export air freight shipments from Frank
WISTA International Board marks historic milestone with India meeting For the first time, the Women's International Shipping and Trading Association (WISTA) International Board will hold its mid-term meeting in India, marking a significant milestone in its commitment to diversity, inclusion, and leadership in the maritime, trading, and logistics sectors. To celebrate this historic occasion, WISTA India is hosting its inaugural WISTA International EXCO Conference, t
Duvenbeck introduces series operations with MAN electric trucks for Volkswagen Logistics Duvenbeck Group has officially launched series operations with the new MAN eTGX Ultra Low Liner electric truck. As an early adopter of this cutting-edge technology, Duvenbeck is among the first logistics providers to integrate the electrically powered truck into its operations, using it for the main transport route between its logistics hub in Herne and the Volkswagen factory in Wolfsburg. "This
North Sea Accident: UK Minister confirms missing seafarer presumed dead as Ernst Russ denies chemical cargo rumors UK Junior Transport Minister Mike Kane told the British Parliament that the missing crew member from the Portuguese-flagged container vessel Solong is presumed dead, while the boxship is unlikely to remain afloat
Somalia grants port access to Ethiopia in bid to resolve territorial dispute Somalia might allow Ethiopia, a landlocked country, to utilize one of its Indian Ocean ports, potentially resolving their ongoing territorial dispute concerning Ethiopia's desire for a direct maritime trade route
Singapore launches new standard on methanol bunkering The Maritime and Port Authority of Singapore (MPA) and Enterprise Singapore (EnterpriseSG), through the Singapore Standards Council (SSC), have published a new Technical Reference (TR) 129 on Methanol Bunkering. The TR provides a comprehensive framework for the safe and efficient use of methanol as an alternative fuel for bunkering operations. TR 129 sets out requirements covering safe handling,
Matadi Gateway Terminal implements projects to enhance operational efficiency Matadi Gateway Terminal (MGT), International Container Terminal Services, Inc.'s (ICTSI's) operation in the Democratic Republic of the Congo, is launching key projects in 2025 to boost efficiency, improve customer service, and reinforce Matadi's status as the country's premier maritime gateway. A major initiative includes the construction of a 2.65-kilometer road connecting the Port of Matadi to
QNX solution supports FERNRIDE's autonomous terminal tractors QNX, a division of BlackBerry Limited, has announced that its QNX® OS for Safety is now integrated into FERNRIDE's autonomous terminal tractor solution, enhancing its reliability and security in safety-critical logistics operations. FERNRIDE is revolutionizing container terminal operations by improving efficiency, safety, and cost-effectiveness. With increasing global demand for streamlined logis
Choosing the Right Shipping Container for Your Needs: A Guide Image source Shipping containers have changed the way industries handle storage, transport, and even construction. Once used solely for moving cargo across oceans, these sturdy steel boxes now serve a wide range of purposes. Businesses use them for secure on-site storage, pop-up retail spaces, and even as the foundation for modular homes. But, with so many variations in size, material, and custom
Agricultural Expert: Maersk Saltoro case lessons for government, insurers and shippers The breakdown of the container ship Maersk Saltoro is a lesson for Chilean fruit exporters, and shows that such shippers must have contingency plans for such unforeseen circumstances, according to an agricultural expert. Rodrigo Gil Lavandero, an agricultural area manager with consultancy Colliers' Chilean office, told Container News : "What happened is an isolated event that had never happened b
Apply For Forbrukslån Uten Sikkerhet When looking for a loan, the best option will always be the cheapest one you can get. It often does not matter if you are taking a loan with or without collateral; however, a loan without collateral can be safer for many. There are ways to ensure you get the cheapest loan available to you without collateral. In this article, we will discuss how to find the cheapest consumer loan and what it means
Will the Houthis resume their attacks? The Houthis in Yemen have issued an ultimatum to Israel, threatening to resume attacks on commercial vessels unless humanitarian aid deliveries to Gaza are reinstated by today (March 11). British maritime security firm Ambrey advises merchant vessels to assess their alignment with the Houthi target profile and reevaluate the risks of transiting through the Red Sea and the Gulf of Aden
IAPH appoints new legal counsellor International Association of Ports and Harbors (IAPH) announced the appointment of Vineta Rudzite as the new legal counsellor for the global trade association. Vineta Rudzite currently serves as the legal and administrative assistant to Ansis Zeltins, CEO of The Freeport of Riga Authority. In her new IAPH role, she succeeds her former colleague, Martins Ziemanis, who has held the legal counsellor
North Sea ship collision leaves seafarer missing, raises chemical spill fears US-based logistics company Crowley, the operator of the tanker Stena Immaculate, confirmed the vessel involvement in a North Sea allision with the container ship Solong. The collision resulted in fires on both vessels and the apparent disappearance of a Solong crew member. While the remaining crew members of both ships are reportedly safe, search operations for the missing seafarer have not yield
Top Logistics Software Development Companies for 2025 Choosing the ideal logistics software development company is crucial for businesses that want to improve their performance while cutting expenses and maintaining market leadership. Businesses now require a dependable technology partner to address growing demands for real-time tracking and automation together with seamless supply chain management. When businesses want to optimize fleet operations
March 2025 Issue of CN Magazine March 2025 issue of CN Magazine is here! This month's edition is packed with must-read content for industry professionals. Exclusive interview with Mario Cordero, CEO of the Port of Long Beach , where he shares insights on the future of trade and logistics. Stay ahead with the latest industry updates, market trends, stock highlights, and expert analysis. Get a deep dive into the key developments
Baltic Hub announces progress on T3 terminal construction project Gdansk's Baltic Hub has announced the completion of all essential equipment installations for the main quay of the new container terminal T3 at the Polish port, including the full-length STS track installation. Nearly all fenders and bollards are in place, along with ongoing work on life-saving equipment, navigation lights, and steel curb elements. These additions are expected to enhance safety a
Maersk expands tech platform for South India shippers as Gemini launches direct calls Maersk is strengthening its tech-enabled documentation services for southern India shippers, as its cargo stakes grow with Gemini Cooperation-linked direct calls out of the region
Containership likely to sink after North Sea collision The Solong containership involved in Monday's collision in the UK North Sea is unlikely to remain afloat, British maritime minister Mike Kane has said. "Modelling suggests that should Solong remain afloat, it will remain clear of land for the next few hours. The assessment of HM Coastguard is, however, that it is unlikely the vessel ...
Triton buys Global Container International Container leasing giant Triton has agreed to acquire Global Container International (GCI) in a deal valued at more than $1bn, including outstanding debt. Boston-based GCI was established in 2018 by a team of experienced container industry executives in partnership with investment vehicles managed by Wafra. The transaction, expected to close during the first half of ...
Carlos Pena takes over from John Michael Radziwill as CEO of C Transport Maritime John Michael Radziwill (pictured right) is shuffling the board at Monaco's C Transport Maritime, remaining as chairman with key lieutenant Carlos Pena (pictured left) taking over as CEO of the dry bulk concern. CTM, which turned 20 last October, is best known for its commercial management while Radziwill and his team have also been shipowners ...
Fires continue to burn in North Sea following yesterday's ship collision The search for a missing crewmember from the containership Solong that struck the tanker Stena Immaculate in the UK North Sea has been called off as fires aboard both ships continued to burn overnight. The 140-m-long Solong, owned by Hamburg-based Ernst Russ, hit the 183-m-long Stena Immaculate while anchored near Hull, rupturing at least one ...
Himalaya Shipping switches newcastlemax duo to fixed deals Oslo-listed Himalaya Shipping has converted contracts for two of its ships from index-linked charters to fixed-rate charters. The company will switch the deals for the newcastlemax bulkers Mount Norefjell and Mount Hua to fixed deals starting from April 1, 2025, and ending on December 31, 2025. The agreed conversion rate for the 2023-built Mount Norefjell ...
RWE slashes US offshore wind jobs over Trump's renewables policies German utility RWE has laid off some of its offshore wind employees in the US following president Donald Trump starting his assault on the industry. RWE employs around 1,500 people in the US and its offshore wind section is headquartered at the company's office in Boston. In a regulatory filing, RWE Offshore Wind Services, a ...
Shipping on alert as Houthi deadline passes with no Gaza aid resumption Shipping is watching movements in the Red Sea closely today to see if Yemen's Houthis renew attacks on commercial vessels passing through the Middle East. The Houthis have said they stand by today's deadline they gave Israel, pledging to resume naval attacks in the Red Sea and Gulf of Aden if the Gaza blockade is ...
Pertamina hires Chinese jackup rig for four years Indonesia's Pertamina has awarded a four-year contract to a jackup rig owned by Chinese driller CNPC Petroleum Offshore Engineering (CPOE). The contract for the CPOE 16 rig will be both the rig's and the company's first drilling project in Indonesia, marking its first foray into Southeast Asia's offshore drilling services sector. According to a company ...
Noble gets $14m from Shell for short-term drillship hire UK-based energy supermajor Shell has awarded a new contract to one of Noble Corporation's drillships. Noble said via social media channels that a one firm well plus one option well deal was awarded to the Noble Viking rig. The contract, which is a direct continuation of a previous one, is set to start around the ...
Compliant VLCCs attract firm prices Aframaxes remain the most popular tanker sales candidates this year, dominating the market, while VLCCs are also attracting interest. However, a price gap between buyers and sellers continues to delay deals for semi-modern vessels, ships now being tested on the market. Formosa Plastics Marine Corp put the 302,000 dwt FPMC C Intelligence (built 2010) a ...
Preliminary signs of a two-tier freight market emerge as US crackdown on Chinese-built tonnage nears The first signs of a two-tier market are emerging in anticipation of Donald Trump's likely penalisation of Chinese-built tonnage. Broker BRS is reporting Chinese-linked ships are now becoming "far less attractive" for long time charters due to the likelihood that, at some point during their charters, these ships would be required to call at US ...
Geneva Dry Dialogues: ABS With scores of shipowners booking their flights for late April to Switzerland for the world's top dry bulk event, Vasileios Gkikas will be on hand to answer some of the most pressing questions on the agenda. Gkikas, global lead for dry bulk at class society ABS, tells Splash the questions he tends to field the ...
Tanker targeted by armed robbers in the Singapore Strait A Panama-flagged tanker was boarded by seven individuals while transiting eastbound in the Philip Channel yesterday, approximately six nautical miles east of Kasu, Indonesia, the latest in a string of similar incidents in the same area. According to Ambrey, a British maritime security specialist, the suspects were reportedly armed with "gun-like" objects. During the incident, ...
US could face trade 'apocalypse' if Trump port fee plan isn't killed The supply chain disruption in the US was historically severe during the pandemic. It might be even worse if the...
Is European shipping heading for a renaissance, or an existential crisis? Lloyd's List editor-in-chief Richard Meade asks two experts about the future of European shipping as it sits at a crossroads
Why Trump may be about to apply 'maximum pressure' to shipping's fake flag problem Despite previous US efforts to ramp up sanctions enforcement, Iran's crude exports remain largely unaffected, but the looming 'maximum pressure'...
Why the IMO is desperate to avoid a vote on emissions curbs A Hollywood-style vote, with the fate of the planet hanging in the balance is possible but far from desirable, IMO...
Gas tanker left ablaze during STS of suspected Iran-origin LPG reportedly sold for scrapping A small gas carrier that caught ablaze during a transfer of suspected Iran-origin LPG has been sold reportedly for demolition
Wrist Ship Supply sold to US private equity firm Denmark-headquartered supply company was previously owned by Stockholm-based Altor
Hapag-Lloyd's HGT buys majority stake in Le Havre terminal operator Hanseatic Global Terminals has acquired 60% of CNMP LH, which operates Le Havre's Atlantique container terminal, from Seafrigo Group
Merger and emission offsets drag on Attica results Addition of Anek fleet of eight ferries last year helped expand turnover by 27%
Containership charter periods fall on market uncertainty Boxship fixtures remain focused on smaller tonnage amid shortage of 4,000+ teu ships
Allianz and Navium lead hull insurance on North Sea collision vessels Stena Immaculate entered with Steamship and Solong with Skuld, clubs confirm
US port fees a 'game changer' for global shipbuilding dynamics US trade crackdown on China shipbuilding could reshape the industry, with South Korea poised to be the biggest winner
AIS interference reported in Strait of Hormuz Ships were forced to rely on backup methods throughout the disruption
China's Hengli Heavy stays the course on listing despite headwinds from US protectionism Even as the US looks to curb China's maritime dominance, Hengli Heavy appears committed to its stock listing and shipbuilding...
Arrest made as search called off for missing seafarer after UK collision Containership Solong remains on fire as of 1204 hrs on March 11, but the fire on Stena Immaculate is 'greatly diminished', UK Coastguard said
The Daily View: What happens next time? Tankers and GasContainersCasualty
Daily Briefing Elon Musk, the DOGE effect and the risks to US shipping trades | Sanctioned ships laden with Russian diesel descend...
India-Europe liners abruptly drop rates amid weakening cargo prospects After raising rates in anticipation of higher volumes, several top carriers have now dropped spot booking rates from West India to North Europe by between $300 to $500 per container, according to freight forwarder sources in Mumbai.
Proposed US tax on Chinese ship calls could pressure intermodal networks Reshuffling port calls because of a potential Trump administration fee on Chinese-built and -operated ships would place additional strain on the US intermodal supply chain, railroad executives say.
Shippers investing in data warehousing capability to increase software options The explosion of logistics software-as-a-service tools is leading shippers to build data foundations that reside outside of their internal systems.
Hutchison deal shows thirst of big carriers to control global terminal assets As a top-tier of mega carriers has emerged through consolidation and organic growth, so does the need of those carriers to align their dominance on the ocean with capacity at ports.
Peter Dohle, major shareholder in owner of the stricken Solong, is ordering more container ships German shipowner returns to China for more newbuildings
Four seafarers reported dead in Russian missile attack on Odesa Piraeus-managed vessel controlled by Middle Eastern interests caught fire in port
Industry on tenterhooks after draft US order proposes to pile more fees on shipping Proposed Make Shipbuilding Great Again order would apply Harbor Maintenance Tax to imports via Mexico and Canada, among other measures
Virtually all container ship calls in US will be hit by proposed port charges, says trade body World Shipping Council CEO Joe Kramek says the changes will have a massive impact on trade to the US
Shipping on tenterhooks after draft Trump order proposes to pile more fees on shipping Proposed Make Shipbuilding Great Again order would apply Harbor Maintenance Tax to imports via Mexico and Canada, among other measures
Rally aborted: Most shipping stocks back in red after broader market tanks again US-Canada trade war escalation erases early gains off Monday's lows
Trump's shipyards comments 'a monumental moment' for US builders Shipbuilders Council of America president discusses US plans to bolster yards
Zero-emission ultramax bulkers get closer to reality as class societies grant approval Bulker designs feature onboard crackers to convert ammonia into hydrogen for fuel cells
Master arrested over North Sea tanker collision that left one dead Police say 59-year-old man was held on suspicion of gross negligence manslaughter
Trio of Russian LNG cargoes head towards Asia after ship-to-ship transfers Step forward Sputnik Energy as shadow ship undergoes third name change
Man arrested over North Sea tanker collision that left one dead Police say 59-year-old man was held on suspicion of gross negligence manslaughter
Trio of Russian LNG cargoes head towards Asia after ship-to-ship tranfers Step forward Sputnik Energy as shadow ship undergoes third name change
US private equity firm claims majority stake in Wrist Supply Lehman will work with current sponsor and management shareholders
MR demand hit could be imminent due to African shake-up, Gibson says UK broker sees fall in Nigeria's clean product imports as inevitable
UK removes Turkish ship manager from Russia sanctions list British government acts after 17-strong fleet moved off Active Shipping's books
Burning container ship involved in North Sea disaster expected to sink, authorities say Coastguard says vessel is unlikely to remain afloat
Tankers keep chugging along as Chinese demand, geopolitics weigh on sentiment Rising VLCC activity last week did little to calm nerves in the market, Breakwave Advisors says
Raising the odds on gas carriers winning more lucrative backhaul cargoes Inflatable bellows inside tanks allow better cargo extraction and reduce the need for lengthy port stays
Vafias spin-off C3is insulated from 'year of politics' with non-Chinese fleet CEO Diamantis Andriotis confident bulker and tanker owner will make strong profit in 2025
'Massive' $1.7bn fleet renewal needed at Global Ship Lease, analysts say Fearnley Securities argues investment required to maintain asset values
Greek shipowner Load Line swells fleet with Dong-A Tanker buys George Souravlas-led company acquires handysize pair from South Korean player
Capesize spot rates plateau as market optimism remains Time-charter average sees 25% weekly jump
US judge amps up punishment of former Maersk mariner in sexual abuse case Advocate describes ruling as advance for safety at sea
Livanos and Vardinoyiannis-backed firms team up on bunkering partnership Greek marine fuels supplier Sekavin becomes strategic partner of DryLog-ArcelorMittal joint venture
My experience as a seafarer makes me fear crew fatigue was a factor in North Sea shipping disaster Initial focus has been on the tanker and pollution, but an investigation may spotlight a more systemic problem
Former top dog Germany slides to third in container shipping league Shipowners demand 'targeted, long-term measures' to stem decline in rankings
Clarksons 'constantly active and looking at deals' as investors focus on growing cash pile Andi Case says shipbroking giant is open to M&A, while Jeff Woyda says stock could also be used as currency
Container freight rates drive up profit for Spanish shipping logistics operator Perez y Cia highlights strong performance of offshore industry
Unregistered and cleanskin tankers keep Russian oil flowing as sanctions escalate, researchers say Kyiv School of Economics reveal that Western sanctions are having an effect, but Russian export revenue is rising
Conflicting views and geopolitical uncertainty prompt 'wait and see approach' for shipping stocks, DNB says Bank views stock valuations as more negative than fundamentals in many sectors
Himalaya Shipping converts newcastlemax charters to fixed rates Outlook for capesize and newcastlemax bulkers looks steady this year
Maersk CEO Vincent Clerc cashes in $3.2m after exercising stock options Liner giant's shares continue to rise this year
'Massive ship came out of the blue' before smashing into tanker, says North Sea collision seafarer Search for missing crew member called off today
Vitol agrees deal to ship more than 100 LNG cargoes into the Philippines Trader suppling gas to LNGPH venture over 10 years
'You're only supposed to blow the bloody doors off': Trump, China and shipbuilding Affinity (Shipping) newbuilding head Nick Wood assesses US plans to curb China's shipping dominance
Fire-ravaged tanker, hit by Houthis, towed through Suez Canal as it heads back to Greece Delta Tankers ship finally heads home after devastating Houthi attack last August
Hapag-Lloyd takes majority stake in French container terminal Stake in Le Havre facility strengthens carrier's position in core markets
John Fredriksen investment director Orjan Svanevik buys Frontline shares Experienced shipping executive makes first move for tanker owner's stock since joining board
Vessels report GPS jamming interfering with navigation in Strait of Hormuz Masters are having to rely on back-up methods in key waterway
Trump slump: Global shipping stock rout makes tankers 'entry points look extremely appealing' Product tanker companies among biggest losers as shipping equities feel recession fears
Armed gang board tanker in global piracy hotspot Raiders appeared to be carrying guns in latest attack
Global compensation fund not available to cover pollution from North Sea tanker explosion Hazardous cargo scheme could have paid out but does not come into force until 2027
John Michael Radziwill steps down as C Transport Maritime CEO as new boss revealed Radziwill will continue as chairman of the commercial manager and shipowner
Donald Trump's Chinese ship charges creating two-tier term tanker market, BRS says Charterers shying away from Chinese-built ships as fears grow over costs of US calls
Eastern Pacific teams up with DongHwa Entec on high-pressure compressor for LNG boil-off gas High-pressure compressor will be installed on one LNG-powered 18,000-teu newbuilding
DNB charts shipping forecast with 'geopolitical uncertainty at a completely different level' Market complexity adds to the challenge, bank says
Seafarer still missing after collision sparks double ship fire in North Sea All 23 crew members from Stena Immaculate are safe, as are 13 of the Solong's mariners
Owners move ships from Hong Kong flag over Chinese 'commandeering' and US sanction fears Executives tell Reuters they do not want to be caught between two powers increasingly hostile to each other
EPS teams up with DongHwa Entec on high-pressure compressor for LNG boil-off gas High-pressure compressor will be installed on one LNG-powered 18,000-teu container ship newbuilding
LNG trade set to double by 2050 transforming gas trades, exporting nations say Report sees 'a more diversified, competitive and resilient LNG export landscape'
Shanghai bulker player inks newbuilding pair in chemical tanker debut Outfit has contracted China Merchants Yangzhou to build the 25,900-dwt stainless steel chemical carriers
Iranian 'dark fleet' VLCCs pose recycling headache for Bangladesh as US cuts aid Market sources say listing by Iran pressure group could present challenges
Trump policies make airfreight shippers jittery about downturn The barrage of policy changes in the early days of the Trump administration is making logistics professionals nervous about the risk of recession and a contraction in air cargo demand.
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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