free news

web site

APRIL 15, 2025

Turkon Line officially launches its India Service with a prestigious event in Mumbai DICT facilitates reefer trailer movement by road to Kashmir for the first time Schedule reliability expected to improve and global vessel order book at a high Alang's FY25 dismantling lowest in a decade Baltic Exchange Market Report (11 April 2025) Drydocks World & Cochin Shipyard unite to strengthen India's maritime infrastructure DP World's Nhava Sheva Business Park FTWZ inaugurated Zero-for-zero tariff off the table in BTA with US DP World and RITES ink MoU to boost India-UAE trade Gemini shuttles commence with high schedule reliability US tariffs on China could make Indian exports more competitive IMO approves net-zero regulations for global shipping; sets mandatory marine fuel standard and GHG emissions pricing to address climate change Final readiness time at Syama Prasad Mookerjee Port after cargo completion Centre operationalises dedicated 'Global Tariff and Trade Helpdesk' Deendayal Port Authority joins Methanol Institute Shippers scramble after Trump pauses tariff

free news

web site

APRIL 15, 2025

Investing millions in Europe and the Middle East Stonepeak completes acquisition of ATSG Gundlach to drive Wow Logistics growth ÖBB reports stable 2024 results DHL launches pharma hub in Singapore Deugro celebrating delivery and launch Weber Logistics appoints new CCO CMA CGM Air Cargo with AI-based load planning Digital container release processes in German ports NewCold climbs GCCA ranking Man enters battery era

free news

web site

APRIL 14, 2025

Temporary tariff relief brings on early transpacific peak season Asian exporters scramble for ships and boxes to beat 90-day tariff pause OceanX: Shock and reverse shock; Aponte 'eclipses' BlackRock; weakened IMO's net-zero deal Open tariff window could see rush of electronics and pharma into the US 'Brainless' pairs trade: long DSV, short M�rsk? Forwarders 'allowing the fox into the chicken run' by supporting 'hungry' carriers Forwarders should be wary of granting extended credit, says TT Club 'Bitter-sweet' MEPC 83 follows COP 29, narrowing scope of climate commitments DVZ radar: Dachser CEO's plans - digitisation, acquisitions and positioning Amazon pushes into LTL for small package fulfilment and UPS does a u-turn

free news

web site

APRIL 14, 2025

Northern Offshore takes delivery of world's first biomethanol-fueled CTV Swedish-based Northern Offshore Group company Northern Offshore Services (N-O-S) reports that it has taken delivery of M/V Transporter, the world's first 100% biomethanol-fueled CTV (crew transfer vessel (CTV). Designed, developed and delivered Deugro takes delivery of first Rotra wind turbine component carrier Freienbach, Switzerland-headquartered project cargo specialist Deugro and its partners, Siemens Gamesa Renewable Energy A/S and Amasus Offshore B.V., have announced the delivery of the Rotra Futura and the delivery its sister vessel Crowley's first new Avance class vessel enters service Crowley's new LNG-fueled Avance class containership Quetzal has successfully begun its inaugural commercial voyage, opening the company's next era of faster, frequent ocean shipping with a new class of vessels serving the Efen and Wilson Sons carry out Brazil's first maritime sector HVO fueling In late March, Efen (formerly NXT) and Wilson Sons carried out the first HVO (hydrotreated vegetable oil) fueling operation in Brazil's maritime sector. The operation was conducted at the Açu Liquid Bulk

free news

web site

APRIL 14, 2025

European Shipowners welcome global agreement on shipping decarbonisation European Shipowners | ECSA has welcomed the global climate agreement reached at the United Nations' International Maritime Organization (IMO). The important package of new greenhouse gas (GHG) emissions reduction regulations - the "IMO net-zero framework" - will help ensure international shipping's transition to net zero, according to European Shipowners. "Shipping will be the first sector to hav Veson Nautical: Orderbook for all dry-bulk vessel classes falls Global economic uncertainty and a cooling of the market has seen newbuild orders for dry-bulk vessels fall by 26% year-on-year, according to Hongbeom Park, Head of Korea for global Veson Nautical, a global leader in maritime data and freight management solutions. Speaking at Veson Nautical's Seoul Forum, Park said uncertainty around the future of fuels, historically high newbuild prices and the p Gateway Terminals India signs MoU to launch Skill Development Programme Gateway Terminals India, also known as APM Terminals Mumbai, has signed a Memorandum of Understanding (MoU) with the Jawaharlal Nehru Port Authority and Vadhvan Port Project Ltd. to launch a comprehensive Skill Development Programme tailored for the port sector. Aligned with the Government of India's "Skill India Programme," this initiative aims to empower local communities, improve employability So Long RBAC, and Thanks for All the Roles RBAC transformed access control, but modern apps need more context-driven solutions. Time to say goodbye? Most Congested Container Ports in 2025 Q1 The first quarter of 2025 has seen growing stress in global maritime logistics, with container dwell times-an essential indicator of port congestion-rising sharply in a handful of strategic ports. Recent data analysis revealed the five most congested container ports that recorded the highest average container dwell times, signaling potential chokepoints in global supply chains. This content is lo Hapag-Lloyd applies new GRI from Asia to Latin America Hapag-Lloyd has announced a new General Rate Increase (GRI) from Asia to Latin America, which will be effective from April and May. This GRI will apply to cargo transported in 20' and 40' dry containers, including high cube equipment and 40' non-operative reefers, and will commence on 22 April for all the destinations and from 15 May for Puerto Rico and the US Virgin Islands. The GRis will be as Trump's Tariffs Redraw Trade Routes-Brazil's Ports Poised to Gain As the U.S.-China trade war reignites under President Trump's renewed 34% tariffs on Chinese imports, the ripple effects are echoing across global supply chains-and opening new doors for Brazil's port sector. With Beijing promising retaliatory measures and traditional trade routes thrown into disarray, Brazilian ports like Porto do Açu and Santos are moving swiftly to seize the moment. These logi US-China trade tensions: Container "dumping" likely to be anomaly Market experts have dismissed reports of Chinese exporters abandoning US-bound shipments in transit and surrendering the containers to the shipping lines. This content is locked Select a CN Premium Subscription Package To Unlock The Content! If you liked this post, please consider donating The post appeared first on Container News . Port of Los Angeles surpasses 2.5 million TEUs in first quarter The Port of Los Angeles handled 778,406 TEUs in March, translating to a 4.7% growth compared with the same month in 2024, ending the first quarter with 2,504,049 TEUs, 5.2% ahead of last year's strong pace. "Our volume remained strong throughout the first quarter, and we've now seen year-over year growth in 18 of the last 20 months," pointed out Port of Los Angeles Executive Director Gene Seroka. CMA CGM implements new peak season surcharge from Asia to Africa Marseille-headquartered container line CMA CGM has announced a new peak season surcharge (PSS) for sailings from China and Hong Kong to African destinations. In particular, the French carrier will apply a surcharge of US$150 per TEU for dry boxes from China, Hong Kong and Macau SAR to Côte d'Ivoire, Benin, Ghana, Togo and Equatorial Guinea. The new PSS will be effective from 15 April and valid un Container Shipping Stocks Weekly Highlights The performance of the container shipping stocks during the previous week reflected the sector's ongoing struggle with a perfect storm of challenges-from escalating trade tensions sparked by Trump's tariffs to prolonged disruptions in the Red Sea and broader geopolitical instability . While some companies demonstrated resilience, others faced sharp sell-offs as investors weighed the combined impa Successful ammonia bunkering pilot between two vessels at port of Rotterdam Trammo, OCI and James Fisher Fendercare successfully conducted an ammonia bunkering pilot between two vessels at a terminal in the port of Rotterdam on 12 April 2025. This marks an important step in preparing the Dutch port for vessels bunkering clean ammonia, which is a carbon-free fuel, so no CO2 is released during combustion. The first ships capable of using ammonia as a bunker fuel are expect CMA CGM increases rates for shipments from North Europe French ocean carrier CMA CGM has announced the following new Freight All Kinds (FAK) rates, effective from 1 May and valid until further notice. From North Europe to Quantum in US$ per 20' Quantum in US4 per 40' Indian Subcontinent 1,050 1,250 Middle East Gulf 1,150 1,350 Red Sea 1,950 2,150 CMA CGM said the updated rates will apply to all dry containers. If you liked this post, please consider d Sallaum Lines starts operations at Brunswick port Sallaum Lines, a Roll-on/Roll-off shipping company, is now serving the Port of Brunswick in Georgia. "We're thrilled to make our first call to Colonel's Island in Brunswick," said Sam Awad, Vice President of Sales and Operations for Sallaum Lines. "This expansion aligns with our growth strategy and commitment to delivering reliable services to our clients in the U.S. and Africa. Brunswick's strat

free news

web site

APRIL 14, 2025

DHT lands seven-year VLCC fixture New York-listed tanker giant DHT Holdings has fixed one of its VLCCs for seven years. The Svein Moxnes Harfjeld-led supertanker specialist has secured employment for the 2018-built DHT Appaloosa with an unnamed "global energy company". The 319,200 dwt vessel will start its contract in May this year at $41,000 per day. The deal also includes ... CMA CGM buys into Egyptian inland port French shipping and logistics giant CMA CGM has agreed to buy a 35% stake in Egypt's October Dry Port (ODP). Officially launched in November 2023, ODP is Egypt's first dry port and the first public-private partnership project in the Egyptian transport sector under the EBRD Green Cities program. It was developed, built, and operated by ... NYK reveals new dry bulk player via triple merger Japanese shipping line Nippon Yusen Kaisha (NYK) is rolling out a new player in the dry bulk sector through a merger of three of its shipping and shipmanagement subsidiaries. Asahi Shipping, Hachiuma Steamship and Mitsubishi Ore Transport are set to combine into NYK Bulkship Partners. The new company, based in Tokyo, will control a fleet ... Wisdom Marine ships out bulker brace Taiwanese owner and operator Wisdom Marine has confirmed the sale of two Japanese-built bulkers for about $36m in total. The Taipei-based company is offloading the 2011 Shin Kasado Dock-built ultramax Amis Wisdom III and the 2015 Shimanami-built handysize Bunun Hero. The ultramax is going to China's Arm Shipping for about $17.5m, while Turkey's Manta Shipping ... Seacon flips leased product tanker to SeaKapital China's Seacon Shipping is selling a bareboat chartered modern chemical and oil products carrier to Hong Kong shipowner and leasing specialist SeaKapital. The Hong Kong-listed, Qingdao-based owner and operator has struck a deal to offload the 2021-built 34,800 dwt MR1 Golden Daisy for roughly $32.9m. Seacon will first buy the vessel out of its bareboat ... Norden seals double bulker sale Danish owner and operator Norden has closed two additional asset plays with fresh sales in the dry bulk market. The Jan Rindbo-led shipping giant has offloaded an unnamed ultramax and one handysize after taking purchase options on the vessels. No further details were disclosed about the transactions that followed five other recently disclosed sales. In ... IMO's new green deal explained The need for a vote and the number of abstentions spoke volumes about Friday's conclusion of the 83rd gathering of the Marine Environmental Protection Committee at the London headquarters of the International Maritime Organization (IMO). The final agreement on mid-terms measures was branded "weak" by Dr Nishatabbas Rehmatulla, principal research fellow at London's UCL Energy ... Sea1 Offshore sells 2014-built OSCV Norwegian offshore vessel operator Sea1 Offshore has sold one of its offshore subsea construction vessels (OSCV) as part of its fleet renewal program. The company said that it sold its 2014-built OSCV Sea1 Spearfish to an unnamed independent third party. The vessel is currently on a contract with marine seismic player PXGEO. According to Sea1, ... Havila buys offshore supply ship from Fafnir Norway Family-owned investment company Havila Holding has acquired the Polarsyssel offshore supply ship from Fafnir Norway, through its subsidiary Havila Skipsinvest. The vessel serves as the Governor of Svalbard's service vessel, performing tasks such as patrolling waters, inspections, enforcement, search and rescue, environmental monitoring, and oil spill response. Svalbard is a Norwegian archipelago Fortescue signs up for CMB.TECH ammonia-powered newcastlemax CMB.TECH, the shipowning vehicle controlled by the Saverys family, has signed an agreement with Australian miner Fortescue to charter an ammonia-powered vessel ordered in China. The 210,000-dwt ammonia-powered newcastlemax will feature a dual fuel engine and is expected to be delivered by the end of 2026. The Saverys family-controlled bulker arm, Bocimar, and Fortescue have ... Early liner peak season gets underway Amidst all the tariff bombast coming out of the White House last week, liner fortunes actually improved. Global spot indices were up marginally, with Drewry, the British architects of the World Container Index, suggesting that rates will increase in the coming weeks due to tariffs and reduced capacity. "A boom and an early peak season ... Estonia detains shadow tanker Estonian authorities detained an 18-year-old tanker on Friday for flying a false flag, the first time a Baltic littoral state has taken such action against Russia's so-called shadow fleet. Kristjan Truu, director of Estonia's Maritime Department of the Transport Administration, said 40 problems have been detected with the Kiwala tanker, 23 of them having to ... Taiwan charges Chinese master over cable cutting For the first time, Taiwan has charged a Chinese ship captain for intentionally damaging undersea cables in February. The master of the Chinese-crewed, Togo-flagged Hong Tai 68 maintains his innocence in one of many cable cutting incidents around the island in recent months. The rest of the crew have been allowed to head home. The ...

news on subscription

web site

APRIL 14, 2025

Transpacific poised for fall despite Trump reprieve on Chinese tech The stock market cheered Donald Trump's decision to temporarily lower tariffs on Chinese smartphones, laptops and other electronics. But this... VLGCs in flux as rate rout ends but uncertainty lingers Very large gas carriers nosedived in the first half of last week but regained some ground since then. What happens... Cypriot owners launch complaint against Turkish ship recycling 'discrimination' Facilities should be struck off approved recyclers' list if tonnage under an EU flag is unfairly shunned, says CUS MEPC83: A faltering step towards net zero As a feat of diplomacy, the IMO's agreement on climate is remarkable. As a workable policy for shipping it still... The MEPC post-mortem Senior reporter Declan Bush brings you immediate reaction from a momentous week in shipping's decarbonisation journey and gathers three experts... Supreme Court loss against MSC 'extremely good result' for Conti, insists unsuccessful KC Barrister welcomes clarification on 'insider-outsider distinction' but admits: 'I would have preferred it if the clarity had gone the other... CMA CGM buys 35% stake in Egyptian dry port The acquisition strengthens CMA CGM's presence in Egypt, alongside the container terminal it operates at Alexandria and the new terminal... South Korean shipbuilding stocks rally as Trump eyes allied co-operation Share prices are rising as South Korean shipbuilders and related companies expect to benefit from US policy moves China Merchants expands shipbuilding portfolio with Qingdao Yangfan acquisition China Merchants has finalised the acquisition of Qingdao Yangfan Shipbuilding, expanding its shipyard portfolio to seven and enhancing its capacity... Fortescue and CMB.Tech announce ammonia charter deal When delivered, the bulker will deliver iron ore from Pilbara, Australia to Chinese ports as Fortescue looks to eliminate scope... The week in charts: Red Sea transits jump | Shadow tankers contribute to big rise in first-quarter recycling | Sanctions and discounts fuel flurry of deceptive tactics Collapse of ceasefire has not deterred owners and operators from Red Sea returns; steeply discounted Russian and Iranian barrels are... The Daily View: Clutching victory Transpacific blank sailings surge as US-China trade war intensifies Amid escalating US-China trade tensions and volatile tariffs, container carriers are aggressively blanking sailings on transpacific routes, slashing capacity and... Daily Briefing IMO approves historic carbon price agreement | Sanctions and discounts fuel flurry of new tactics to get Iran and Russia...

news on subscription

web site

APRIL 14, 2025

Tariff uncertainty pushing up transportation costs at US-Mexico border US importers and their Mexican logistics and customs partners are experiencing longer wait times when northbound shipments arrive at border towns, and that's inevitably raising transportation costs and leading to supply chain disruptions. Trans-Pacific blank sailings set to rise after China bookings drop sharply Some ships are leaving China just half-full as the Trump administration's rush of tariffs sends shippers into contortions about what to do with their freight. Vessel operators warned not to rely on perceived stability in MPVs indexes Ongoing market uncertainty is expected to upend rates as the breakbulk sector continues to digest tariff ramifications on the specialized sector. 2025 Process Orchestration Trends See what 800+ IT leaders say about orchestration challenges-and where automation is headed next. Vessel operators warned not to rely on perceived stability in MPVs indices Ongoing market uncertainty is expected to upend rates as the breakbulk sector continues to digest tariff ramifications on the specialized sector.

news on subscription

web site

APRIL 14, 2025

Former shipping executive Daniel Noboa wins first full term as Ecuador's president Son of banana baron was youngest-ever head of shipping for Noboa Corp Global shipping makes 'groundbreaking' changes to seafarer rights Updates to ILO's Maritime Labour Convention to become effective in 2027 Port of Rotterdam hosts ammonia ship-to-ship pilot transfer as it gears up for bunkering First ammonia dual-fuelled newbuildings start delivering in 2026 Trump trade war rattles capesize spot market as rates plough six-week lows Average rates for the largest bulk carriers stumble amid geopolitical uncertainty Shipowner targeted by drug traffickers for a second time as cocaine found hidden among cargo of cocoa powder Two tonnes of cocaine found on Arkas Line container ship John Coustas firm Danaos Corp boosts share buyback plan by $100m US-listed boxship firm repurchases its own stock at discounted levels Norwegian shipowner Arne Blystad offloads veteran chemical tanker pair One vessel goes for a premium while the other moves at a slight discount CoolCo snaps up $1m of its shares as it kicks off buyback programme Gas carrier owner holds 0.384% of share capital Plunging container freight rates force Singapore shipowner into insolvency Creditors to meet after container market deals fatal blow to Vasi Shipping Trafigura secures $235m financing to ship tanker and bulker cargoes from UAE Abu Dhabi and Japanese lenders team up on funding package Torm bosses handed $3m in new share options to make up for dividend payouts CEO Jacob Meldgaard among those to benefit from new issue in incentives programme Dutch owner N-Sea orders methanol-fuelled cable-layer with new Rabobank cash Dutch owner expanding fleet in tandem with new banking partner What does landmark IMO emissions agreement mean for LNG as a marine fuel? Bio and e-fuels production to be incentivised as penalties for all fossil fuels kick in Ex-Seward lawyers plan focus on a key market at Holland & Knight Scale made a difference in team decision to bolt to mega-law firm Norden pockets a profit on twin bulker sales after raiding purchase options chest Copenhagen-listed company also gave an update on its share buybacks Grim tonne-mile outlook for VLGCs, despite spot rate rally Analysts see potential 7% drop in distances as tariffs redraw trading patterns Russian master appears in London court over North Sea collision Vladimir Motin has been accused of gross negligence manslaughter after fire left one seafarer dead CMA CGM buys 35% stake in Egyptian inland port French carrier strengthening position in Egypt, the Mediterranean and the Red Sea DHT Holdings inks seven-year VLCC time charter with profit share on top of rich base rate Tanker owner to split earnings above $41,000 per day New giant bulk player born as NYK merges three separate subsidiaries NYK Bulkship Partners to assume fleets and operations of Asahi Shipping, Hachiuma Steamship and Mitsubishi Ore Transport Frontline leads the charge as shipping stocks recover ground on Trump tariff losses John Fredriksen's tanker company gained nearly 20% last week as equities rebounded Sentinel Marine orders up to four new offshore support ships UK owner says design combines supply ship, rescue vessel and walk-to-work capabilities F Laeisz CEO explains dry bulk return after almost a decade away with 'plain vanilla Norwegian' swoop CEO Nikolaus Schues told TradeWinds the company sees strong long-term potential in the dry cargo sector Christen Sveaas' Sea1 banks $40m profit from sale of construction ship Deal is part of fleet renewal in strong subsea market Gail (India) revives its plan to buy into US LNG project with supply deal Importer and ship charterer is looking at a 15-year deal on volumes Sanctioned tanker was held with 40 deficiencies, Estonia says Faults relate to certificates and seaworthiness, according to country's maritime administration Seacon Shipping banks $6m gain on chemical tanker sale Hong Kong-listed company is disposing of its Golden Daily for $32.93m to SeaKapital Stolt-Nielsen wastes no time adding to new share buyback haul Chemical tanker group snaps up $1.5m of its stock in Oslo Clarksons slashes VLCC rate forecasts amid trade war-induced global growth slowdown Weaker oil prices also a factor in big estimate cut this year and next Maersk downgraded as Arctic sees 'too much uncertainty' around tariffs and Red Sea Target price cut to DKK 11,000 from DKK 16,000 as part of change Fortescue and CMB.Tech ink 'landmark' ammonia deal after IMO agreement Australian iron ore giant urges regulators to show backbone on the road to decarbonisation Will Indian authorities allow recycling of sanctioned dark fleet tanker that has shown up at Alang? Market observers waiting to see if tanker will be allowed on the beach despite being sanctioned by the UK Sanctioned dark fleet tanker shows up at Alang for recycling Market observers waiting to see if tanker will be allowed on the beach despite being sanctioned by the UK Taiwan prosecutors charge Chinese ship captain for cutting undersea cables in landmark case This is the first time Taiwan is prosecuting a damaged undersea cable case Bulk carrier orders fall by 26% in first quarter of 2025, says Veson Historically high prices and premiums for dual-fuel vessels drive drop

news on subscription

web site

APRIL 14, 2025

Port of Seattle appeals housing plan it says threatens trucking, cargo movement The Port of Seattle is appealing a decision by the City Council to permit a housing development it says threatens trucking and port operations.