Rocket Lab selects Bollinger for transformation of barge to Neutron landing platform Long Beach, Calif.-headquartered launch service and space systems specialist Rocket Lab has awarded Bollinger Shipyards a contract to support the build out of an ocean landing platform for its Neutron reusable rocket.
Vard books EUR 200M contract for new Inkfish research vessel Fincantieri's Norwegian-based subsidiary Vard has signed a contract with U.S.-based research organization Inkfish. Worth in excess of EUR 200 million, it covers the design and construction of what Vard says is "one
U.S. container imports down 6.4% in May According to a report from the Japan International Freight Forwarders Association (JIFFA) , U.S. container imports fell 6.4% year-on-year in May, as major ports handled approximately 1.95 million TEUs. The data, based on the Global Port Tracker (GPT) compiled by the National Retail Federation (NRF) and Hackett Associates, suggests that container volumes will rebound in June to around 2.06 million
Chokepoints Under Fire: Maritime volatility surges in the Singapore Strait and Red Sea As global trade struggles to find safe passage, the world's most critical maritime arteries, the Singapore Strait and the Red Sea, are once again under pressure. A surge in armed robbery incidents and geopolitical attacks is exposing common vulnerabilities in these vital chokepoints, with rising insurance costs and rerouted voyages signaling the return of maritime volatility. This content is lock
Clarion Shipping West Africa enters container shipping market According to DynaLiners, a new Nigerian container shipping company, Clarion Shipping West Africa, has officially entered the market with the acquisition of a 350 TEU vessel built in 2014. The company has launched operations along the West African coast, serving ports in Nigeria, Benin, Togo, Ghana, and Sierra Leone. Looking ahead, Clarion Shipping plans to expand its fleet with a second vessel, w
How Security Escort Services Protect High-Risk Freight on the Road Moving a truck full of iPhones, cash, or pharmaceuticals down the highway? Congratulations, you've just painted a giant target on your cargo. Thieves know exactly what they're looking for, they know the routes you'll take, and they're getting smarter about how they take what you're trying to protect. Cargo theft isn't some random crime of opportunity anymore - it's organized, sophisticated, and a
Latvian Ports Launch Digital Platform Latvia's major port authorities have joined forces on a major digital transformation initiative aimed at streamlining cargo handling and logistics operations across the country. The project was officially launched during a Steering Committee meeting held at the Freeport of Ventspils. The initiative, titled "Digital transformation of port management, improving the processing and analysis of transp
Red Sea insurance costs surge following Houthi attacks The cost of insuring vessels transiting the Red Sea has more than doubled in recent days following two deadly attacks by Yemen's Houthi rebels, as Reuters recorded. According to industry sources, war risk premiums have climbed to approximately 0.7% of a vessel's value, up from around 0.3% the previous week. In some cases, underwriters have paused coverage entirely for select voyages deemed too ri
Global trade lane growth trends: May 2025 update Year-on-year data for May 2025 reveals that global seaborne container trade grew by 1.8%, continuing a generally positive trend, according to DynaLiners. Out of the total trade corridors monitored, thirty-four trade lanes recorded growth, while fifteen experienced declines. However, North America stood out as a weak spot. Both exports and imports contracted, with imports falling by 9.4% and expor
Vuxx Shipping launches Brazil-Russia Baltic service According to DynaLiners, Russian shipping company Vuxx Shipping has entered the Brazil-Russia trade lane with the launch of a new fortnightly service connecting key ports in Brazil and Baltic Russia. The service operates with a fleet of four vessels, each with a capacity ranging from 1,700 to 1,900 TEUs. The rotation includes the following ports: Paranaguá, Itapoá, Santos, Rio Grande, Kaliningrad
Momentum Logistics boosts last-mile fleet Momentum Logistics, a key player in regional logistics and a subsidiary of Gulftainer, has added 17 new MAN TGX trucks to its fleet, reinforcing its first-mile and last-mile delivery capabilities across the GCC and Middle East. The move brings the company's total fleet size to 270 trucks, a diverse mix that includes fuel-efficient flatbeds, curtain-siders, reefers, and box trailers. Supplied by U
MSC declines to settle damages sought for vessel sinking off India coast MSC has expressed its inability to comply with an Indian court order seeking over US$ 1 billion in damages towards the environmental and economic impact the 25 May sinking of the MSC Elsa 3 is believed to have caused along the southern India coastline. The objection was raised by legal counsels on behalf of the Geneva-based shipping group during court proceedings on Thursday (10 July) in response
Trump imposes 35% tariff on Canada U.S. President Donald Trump escalated his trade offensive on Thursday, announcing a sharp increase in tariffs on Canadian imports and hinting at sweeping duties for other global trading partners. Starting August 1, the U.S. will impose a 35% tariff on Canadian goods, with Trump warning of further increases if Canada retaliates. In a letter released via his social media platform, Trump informed Ca
CMA CGM to drop Charleston from Indamex Service CMA CGM has announced that it will remove the Port of Charleston from its Indamex service connecting the Indian Subcontinent to the US East Coast, effective next month, according to DynaLiners. The weekly service, operated by a fleet of twelve vessels averaging 8,000 TEUs, will follow a revised port rotation: Port Qasim, Nhava Sheva, Mundra, Colombo, New York, Norfolk, Savannah, and back to Port
Interasia introduces Middle East-Indian Subcontinent-East Africa link Interasia has announced the launch of a new connection between the Middle East, Indian Subcontinent, and East Africa by securing slot access on the MJI service operated jointly by ONE, OOCL, and Unifeeder. The service is operated by five vessels, each with a capacity of approximately 2,000 TEUs, and follows the rotation: Jebel Ali, Mundra, Nhava Sheva, Mombasa, Dar es Salaam, Beira, Maputo, and r
New developments in Ukraine trade coverage CMA CGM has modified its Odessa Express service, originally launched in December 2024, by removing Piraeus from the rotation. As a result, one vessel has been withdrawn from the loop, and the service will now operate with a single 1,100 TEU vessel shuttling between Istanbul (Ambarli) and Odessa every nine days. In parallel, Arkas is introducing new coverage to Chornomorsk from Istanbul (Ambarli)
CentrePort teams up with PortConnect CentrePort Wellington has entered a new partnership with PortConnect, a leading New Zealand-based supply chain software provider, marking a step forward in digitalising port operations and improving access for customers. Under the agreement, CentrePort will utilize PortConnect's platform to offer exporters and importers streamlined digital services. The first phase of the rollout will go live on
Crowley welcomes LNG-powered Tiscapa Crowley has officially added Tiscapa , its newest LNG-powered containership, to its growing fleet as part of its continued efforts to enhance cargo services across the U.S., Caribbean, and Central America. The vessel began its inaugural commercial voyage this week, departing from the Port of Jacksonville, Florida. Part of the modern Avance Class, Tiscapa is built to carry up to 1,400 TEUs, includ
MSC keep building, while ZIM pulls back According to Alphaliner, the first half of 2025 has delivered a noticeable slowdown in global container fleet expansion, but don't tell that to MSC. The Geneva-based giant continues to forge ahead, while ZIM stands out as the only top-tier carrier actively scaling back. According to new fleet data, the global cellular fleet grew by 1.18 million TEU in the first six months of the year, a relativel
FERNRIDE begins transition to driverless operations at HHLA TK Estonia Terminal FERNRIDE, a leader in autonomous yard trucking, has initiated the operational rollout of driverless terminal tractors at HHLA TK Estonia Terminal. This transition follows the successful certification of FERNRIDE's autonomous system by TÜV SÜD, along with official approval from the Estonian Transport Administration. Notably, FERNRIDE is the first company to receive TÜV SÜD certification for an aut
Grain terminal project at the port of Gdansk moves into implementation phase Port Gdanski Eksploatacja, a subsidiary of the Port of Gdansk Authority, signed an agreement with Premium Quality Care to begin construction on a modern grain handling facility the Gdansk Agro Terminal. The first stage involves building a large flat warehouse on Szczecinskie Quay, paving the way for a state-of-the-art terminal with a projected annual handling capacity of 3 million tonnes. The agr
DHL Freight appoints new CEO DHL Global Forwarding has announced the appointment of Markus Voss as the new CEO of DHL Freight, effective September 1, 2025. Voss, who currently serves as Chief Development Officer at DHL Supply Chain, will succeed Uwe Brinks and report directly to Tim Scharwath, CEO of DHL Global Forwarding, Freight. With over two decades at DHL, Voss brings extensive experience in operations, IT, and digital
Port of Gdansk and DORACO sign agreement to reconstruct Wislane Quay The Port of Gdansk Authority and Korporacja Budowlana DORACO signed a major investment agreement at the Port's headquarters. The project involves the comprehensive reconstruction of Wislane Quay one of the Inner Port's most strategic infrastructure upgrades. Valued at PLN 351 million gross, the works are scheduled for completion by the second quarter of 2028. The agreement was formally signed by
Valenciaport launches mobile alert system The Port of Valencia has introduced a new Operational Alert Manager within its official mobile application, ValenciaportPCS, designed to enhance the speed and reliability of communications during disruptions to land transport in and around the port. Now available free of charge on both the App Store and Google Play, this feature is part of the app's Land Transport module. Users can also access it
New survey suggests China's Ningbo Zhoushan is a greater maritime hub than Athens and Piraeus Greeks will be surprised to see the latest maritime hub survey published by Chinese state-run newswire Xinhua and London-based, Singapore-owned Baltic Exchange, which places Ningbo Zhoushan, the world's largest port, above combined Athens and Piraeus as the leading shipping centre. The 2025 Xinhua-Baltic International Shipping Centre Development Index (ISCDI) Report, now in its 12th year, ranks ...
DOF sheds two anchor handlers The Danish arm of Norwegian offshore vessel owner DOF has signed agreements to sell two anchor handlers to an undisclosed buyer. DOF said on Friday that it would be selling the 2009-built Skandi Tender and the 2008-built Skandi Trader to what it described as an "international buyer". Both vessels became part of the DOF fleet ...
Technip Energies wins FLNG work in Africa French-based engineering and technology company Technip Energies has been awarded a contract for work on an FLNG unit in Africa. The company said that the contract was for preliminary activities and that it was effective until the end of September. The client was not revealed. The French firm added that it was a large award, ...
Italy to establish offshore wind hubs in Augusta and Taranto Italian authorities have announced plans to establish offshore wind production hubs at the ports of Augusta and Taranto. The inter-ministerial decree, signed by the ministries of infrastructure and transport, economy, and the environment, identified maritime state-owned areas suitable for the development of hubs capable of strengthening the country's supply chain in the offshore renewable energy
Floatel International in line for work off Brazil in 2026 Offshore accommodation vessel specialist Floatel International has received a letter of intent for one of its units. The company said that the 2013-built Floatel Victory would provide maintenance and safety unit services offshore Brazil for an undisclosed client. The assignment is for three to four months. An option to extend may be given after the ...
Port of Vancouver advances $2.2bn expansion Canada's busiest seaport, the port of Vancouver, has formally launched the bidding process for the Roberts Bank Terminal 2 Project, a long-anticipated expansion that will boost cargo capacity by 70%. The Vancouver Fraser Port Authority issued a request for qualifications (RFQ) this week, seeking companies to construct a C$3bn ($2.2bn) container terminal. The project is ...
Splash Wrap: Red Sea attacks lead coverage The global shipping industry has been rocked by two deadly attacks this week in the Red Sea, with Yemen's Houthi rebels launching their first campaign against merchant shipping of the year, sinking two bulk carriers, killing at least three seafarers, wounding others, and reportedly kidnapping crew. A new Houthi policy of targeting any company that ...
HD Hyundai deepens robotics push with German partnership as shipyard humanoids take shape As labour shortages continue to challenge the shipbuilding sector, South Korea's HD Hyundai has doubled down on robotics innovation, announcing a strategic partnership with German cognitive robotics pioneer NEURA Robotics and sister firm HD Hyundai Robotics. The three-way collaboration aims to develop and test quadruped and humanoid robots specifically tailored for shipbuilding environments. Unde
Indonesia's Jhonlin Marine quietly builds ultramax fleet with Japanese tonnage Jhonlin Marine Trans, the shipping arm of Indonesia's sprawling Jhonlin Group, has quietly assembled an impressive trio of Japanese-built ultramax bulk carriers, signalling a growing ambition in the dry bulk sector from one of the country's most powerful conglomerates. The company's fleet now includes three reflagged ultramaxes - Jhonlin 001 (built 2012), Jhonlin 002 (2018), ...
Stocks off to strong start in July as dry bulk and VLGC rates rise A combination of improving rates and external catalysts has given shipping-stock sentiment a lift in the early days of summer...
More than 90% of shadow fleet ships are producing insurance certificates when challenged Data collected from European government agencies indicates that well over 90% of the shadow fleet tankers being challenged to produce...
Eternity C: when war risk insurers don't face the music and dance Sorry, shipowners, but underwriters do have the right to decline cover
Toro launches offer to buy back up to 4.5m shares Buyback scheme starts as Petros Panagiotidis-led company agrees to sell LPG carrier to new spin-off Robin Energy
Shipping sanctions in the balance as EU mulls price cap and Trump touts Russia bill Supporters of the bipartisan Sanctioning Russia Act of 2025 seem to think that president Trump is about to back their...
Towing casualties away from the coastline 'shortsighted' Wan Hai 503, which was ravaged by fire last month, was towed out of India's exclusive economic zone to avoid...
Travelers named as insurer that declined war risk cover for Eternity C Shipowners slam underwriter's reluctance to write business despite accepting annual placement
CSSC expects surge in profits as major merger deal nears completion CSSC Holdings and CSIC Ltd, which hold most of CSSC's subsidiary yards, have won clearance from Shanghai Stock Exchange to...
Lawyers expect tougher customs enforcement across Europe A survey of law firms found most expected heightened security at customs and low levels of preparedness among companies for...
Vancouver port expansion moves into next phase The Vancouver Fraser Port Authority has started a search for a construction team to build the landmass and wharf components...
The Daily View: Eternity C and Magic Seas: shipping and marine insurance in shock
Shanghai port group leadership changes hands as chairman Gu Jinshan resigns New president Song Xiaodong takes over the top leadership role on an interim basis
Daily Briefing Underwriters declined war risk cover for final voyage of Eternity C | Vessel Protect has 100% war risk line on...
Schneider says MMX service delivering four-day Mexico-Chicago transit time The journey time, about two to three days better than typical industry metric, comes despite congestion in other parts of the partner CPKC's network.
Long Beach ITS terminal upgrade to boost capacity by about 50% The project, due to begin Monday, will also improve truck access by upgrading the gate infrastructure and boost efficiency through the replacement of an outdated terminal operating system.
OOCL's Q2 revenue slides on lower trans-Pacific, Asia-Europe rates The decline came despite a 4.4% increase in total container volumes to 2 million TEUs, the carrier said in a quarterly update Friday.
US Bank eBL trial for US exporter notches another step toward 2030 goal Adoption of digital bills of lading has been stronger in Asia, but US traction is necessary to help container lines meet a 2030 commitment to fully move to electronic documents.
CMA CGM ends existing Indian VSAs with Hapag-Lloyd, Maersk The Marseille-based liner has finalized operational plans to call off its remaining vessel-sharing agreements with the carriers after Gemini Cooperation-linked realignments.
Global dockworker unions plan Lisbon gathering for anti-automation 'call to action' The gathering will be closely watched by ocean carriers, shippers and container terminal operators in the US and Europe for signs that global unions are developing a coordinated cross-border "solidarity strike" strategy.
Israel urges US to resume strikes on Houthis after attacks on ships Will Donald Trump end the ceasefire to go after Yemen-based militant group again?
'The biggest bright spot across shipping': Why VLGCs aren't done just yet Dorian LPG has prospered through Trump's trade war as market rises
Shipowner dismisses insurer demands over detained bulker Greek operator said company was unaware of organised crime charges faced by single-ship company director
Wavelength podcast risk special: Ships are under attack as militants and saboteurs take aim Houthis have sunk two ships after a long hiatus, and a series of explosions are thought to have been backed by Ukraine
Insurer demands over detained bulker dismissed by shipowner Greek operator said company was unaware of organised crime charges faced by single-ship company director
'Multi-layered deception': How Russia is dodging Western sanctions at sea Vessel has history of trade with South American country
Shipping executive Pankaj Khanna says he will work 'till the day I die' Heidmar boss is too busy to retire, he tells TradeWinds
VLCCs add 1bn tonne-miles from Brazil as Petrobras expands deals with Chinese charterers Signal Ocean notes exports to China up 60% year on year
Advantage Tankers presses on with VLCC ordering in latest Hanwha deal Switzerland-based owner said to have declared option for third ship priced at nearly $130m
Rodolphe Saade adds UK top brass to growing list of political contacts CMA CGM boss pledges cooperation after meeting British finance chief
HOLD: Bulkers still running the risk of transiting the Red Sea to deliver key commodities Data shows how bulker traffic has responded to vessel attacks by Houthi forces
Fearnley cuts Seaways' profit forecast despite seeing improvements in tanker rates Analysts argue suezmaxes, aframaxes and MRs are beating seasonal levels
London market in dark over insurer behind Cosmoship bulker attacked by Houthis in Red Sea Insurance coverage is increasingly difficult to secure following the resumption of militia group's deadly campaign
ExxonMobil fixes Leon Patitsas tanker pair on long-term charters at firm rate Greek owner Atlas Maritime and Danish investment partners keep up the pace in a string of profitable deals
Trump tariffs take their toll on top line of Chinese container giant OOCL Cosco affiliate logs lower revenues on China trades to US and Europe
Greek container ship ordering speeds up with Kollakis move at New Dayang Yet another Hellenic owner is close to signing up a batch of boxship newbuildings in China
Container lines back-pedal on transpacific as rates slide on tariff uncertainty MSC and CULines apply the brakes 'in response to current market conditions'
'Multi-layered deception': How Russia is dodging Western sanctions at sea Vessel has history of trade with South American country
John Fredriksen-backed DOF seals anchor-handler sales as secondhand values start to soften Brokers say asking levels still elevated for ageing tonnage
Row erupts between Fratelli Cosulich and Titan over LNG bunker vessel charter Dutch fuel supplier appears to have lost control of chartered in vessel as parties call in lawyers
Ukraine reveals maritime rebuild plan as Russia pounds ports Two Syrian seafarers killed in attacks on key port of Odesa earlier this month
Greek owner Adam Polemis swoops on $70m twice-resold tanker newbuilding Shipping veteran reinvests all the money he raised from sale of two old VLCCs into a modern product tanker
NRP shipping fund sells first bulker as it begins divesting portfolio Oslo-based investor targets second dividend payment in third quarter
The TradeWinds quiz: Test your knowledge of the biggest shipping stories of 2025 to date Cast your mind back over the first six months of 2025 with 12 testing questions
How the European energy transition is creating opportunity for owners of product tankers Asian exports key to making up shortfall, Sentosa says
Stricken MSC boxship to have oil removed from engine room Canada's coast guard says 85% of fuel on the MSC Baltic III has been transferred
Hafnia signs $715m credit facility in refinancing with syndicate of 11 banks Product tanker giant cuts funding cost, reduces cash flow breakeven and strengthens liquidity
Houthis hit back at kidnap claims: Survivors of bulker sinking treated with 'utmost respect' Operator Cosmoship says 10 crew members remain unaccounted for after deadly battle
Petros Panagiotidis muddies the waters on pure-play listings with LPG carrier sell-down Cyprus-based owner's Toro Corp offloads gas vessel to product tanker spin-off Robin Energy
NRP shipping fund sells first bulker vessel as it starts divesting portfolio Targets second dividend payment in third quarter
'I don't want to be a shipowner': Pankaj Khanna bringing new investors to shipping through Heidmar Experienced executive sheds light on future targets as he revitalises four-decade-old operation
DNB shipping loan book falls as fee income jumps after Carnegie acquisition Shipping book down to $3.6bn, while income from advisory services and capital raising is on the up
Robbery incidents in Singapore Straits will continue rising, says ReCAAP Low probability of getting caught and economic conditions are driving raids
Samudera Indonesia raises $30.8m through Islamic financing bond Shariah bond covers two panamax bulkers
'Embrace risk': Jan Dieleman's candid view of Cargill's fight to cut carbon Decarbonisation advocate admits trading giant is 'not where we want to be'
Container lines backpedal on transpacific as rates slide on tariff uncertainty MSC and CULines apply the brakes 'in response to current market conditions'
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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