Seadrill awarded contracts in Gulf of America and Angola Offshore drilling contractor Seadrill Limited (NYSE: SDRL) today reported contract awards for the West Neptune, Sevan Louisiana and Sonangol Quenguela. In the Gulf of America, the drillship West Neptune was awarded a
VIDEO: Ocean Infinity completes its Armada fleet Austin, Texas-headquartered underwater robotics specialist Ocean Infinity has reached a significant milestone with the delivery of the final vessel in its fourteen vessel Armada fleet - closing a chapter that began in
Kongsberg Maritime expands UUC PM azimuth thruster range Kongsberg Maritime has introduced two new sizes to its popular UUC PM (underwater mountable, permanent magnet) azimuth thruster range. The new additions to the UUC PM range have with 3.8 meter and
Op-Ed: Navigating the Coast Guard's emerging cybersecurity framework Cybersecurity is becoming a formalized regulatory obligation for the maritime sector as the U.S. Coast Guard moves forward with new requirements under 33 CFR Part 101, Subpart F. Once finalized, these rules
ABB and HDF Energy move forward on developing high power fuel cells for seagoing ships ABB and Blanquefort, France-headquartered HDF Energy have signed a joint-development agreement (JDA) to develop a high-power fuel cell unit for marine applications. Enabling megawatt-scale hydrogen fuel cells, the project anticipates installations on
Op-Ed: The overlooked role of seal compatibility in hydraulic fluid upgrades Ask most people about hydraulic fluid upgrades in marine environments, and they might talk about biodegradability and fluid life. But one critical factor often gets overlooked until it's too late: seal compatibility.
BOEM starts process for Virginia offshore mineral lease sale The Bureau of Ocean Energy Management has initiated the process for a potential offshore mineral lease sale in federal waters off the coast of Virginia. The agency says that the action-only the
VIDEO: Bob Lennon of Regal Rexnord talks trends at Workboat Show Sponsored Content: Regal Rexnord Industry Manager Bob Lennon discusses the company's outlook, offerings for the marine powertrain market, and latest products from the booth floor at the International WorkBoat Show on December
U.S. inland ports strengthen transatlantic ties, says IRPT Ports and terminals around the United States are investing major resources to boost economic development in their communities as they enter into phase two of the transatlantic partnership with Inland Rivers, Ports
Incat Tasmania powers up the world's largest battery-electric ship Making maritime history, on December 14, Robert Clifford, chairman of Incat Tasmania, activated the largest battery-electric propulsion system ever installed on a ship for the very first time. The powering up of
Port Everglades breaks records across cruise, cargo, and energy Port Everglades in Broward County has set new benchmarks across all three of its core business sectors, cruise, cargo, and energy, based on preliminary Fiscal Year 2025 figures. The port handled a record 1,167,552 TEUs, marking its strongest cargo performance to date. This milestone reflects growing trade demand and expanded capacity across Latin America, the Caribbean, and beyond. In the energy
Patrick Krawutschke appointed HPC Managing Director Hamburger Hafen und Logistik AG (HHLA) has appointed Patrick Krawutschke as Managing Director of HPC Hamburg Port Consulting, effective January 1, 2026. He will manage the HHLA subsidiary alongside Nils Kemme. HHLA CEO Jeroen Eijsink praised Krawutschke's expertise in terminal operations and sustainable automation solutions. "With his experience in efficient terminal design and control, he is ide
Toll Group launches Singapore's first electric decarbonisation hub Toll Group has launched Singapore's first decarbonisation hub dedicated to electric supply vessels, marking a major step toward greener maritime logistics. The 12-month proof-of-concept project is developed in partnership with Yinson GreenTech and aligns with Singapore's Green Plan 2030 and Toll Group's net-zero ambitions. The hub aims to cut emissions by up to 80% per trip, saving more than a to
Transnet reports strong interim results Transnet SOC Ltd has reported improved performance for the six months ending 30 September 2025, highlighting growth across revenue, EBITDA, and rail volumes. Revenue rose 8.8% to R45.2 billion, while EBITDA increased 15.4% to R15.7 billion. The company reduced its net loss by 17.7% to R1.8 billion compared to the same period in 2024. Rail volumes increased 4.4% to 81.4 million tonnes, with Septem
Thai potentian naval maneuvers threaten Cambodia's surging port ambitions Thailand's escalating military posture in the Gulf of Thailand risks strangling Cambodia's booming maritime sector just as the kingdom celebrates record port growth, with defense officials openly discussing fuel blockades and "high-risk" maritime designations that could transform insurance costs and vessel routing across Southeast Asia's critical shipping corridors. This content is locked Select
DP World Türkiye terminals surpass one million TEU milestone DP World has announced that its terminals in Körfez and Yarimca have together surpassed one million TEU, marking a major milestone for container handling and trade flows across Türkiye. The company said the achievement highlights the strength of its terminal operations and reflects sustained investment in advanced infrastructure and technology. DP World pointed to the deployment of remote-control
Muara moves towards hub status as China eyes more ASEAN trade Brunei's main container port, Muara, continues to grow as a hub in the Brunei-Indonesia-Malaysia-Philippines-East ASEAN growth area. The Southeast Asian sultanate's first homegrown liner operator, Warisan Shipping Line, launched a joint service with Hong Kong-based SITC Container Lines on 13 December. Warisan commenced operations in August and Brunei's Second Minister for Finance and Economy, Ami
ICTSI to invest R$948 million to expand Rio Brasil Terminal ICTSI will invest R$948 million to expand and modernize its Rio Brasil Terminal at the Port of Rio de Janeiro. The project, running from 2025 to 2029, will increase the terminal's capacity by 70.5%, from 440,000 TEUs to 750,000 TEUs annually, reinforcing Rio de Janeiro as a key logistics hub for Brazil's Southeast and Midwest regions. The investment includes R$414.4 million for infrastructure upg
AD Ports Group intent to launch mandatory tender offer for Alexandria Container & Cargo Handling Company AD Ports Group announced its intention to launch a cash Mandatory Tender Offer to acquire an additional stake in Alexandria Container & Cargo Handling Company, which would give it majority ownership and control of one of the largest container terminal operators in Egypt. The control of ALCN, which operates two strategic Mediterranean terminals at Alexandria and El-Dekheila ports, will complement
GXO appoints Bart Beeks as Chief Operating Officer GXO Logistics has appointed Bart Beeks as Chief Operating Officer in a newly created role. The appointment takes effect on January 2, 2026. Beeks will lead GXO's global operational excellence agenda. He will focus on standardised execution across the company's worldwide network and will report directly to CEO Patrick Kelleher. Kelleher said the appointment strengthens GXO's operating model and su
CMA CGM plans exchangeable bond backed by Air France-KLM stake According to Reuters, French shipping group CMA CGM is planning to raise around €325 million ($378.3 million) through the issuance of a three-year exchangeable bond, which could be reimbursed using its shares in Air France-KLM. CMA CGM said the bond may be repaid either in cash, through Air France-KLM shares, or through a combination of both, giving the group flexibility at maturity. The exchange
CNC's CP2 and JP8 service upgrades strengthen Asia trade links CNC has rolled out key upgrades to the CP2 and JP8 services, strengthening connections between the Philippines, China, and Japan. The changes improve schedule reliability and expand options for reefer cargo and fresh produce. The CP2 service now operates on an optimised port rotation: Shekou, Hong Kong, Nansha, Cebu, Davao, Cagayan de Oro, and back to Shekou. The revised rotation replaces Manila
PIL completes first intermodal shipment in Costa Rica Pacific International Lines has completed its first intermodal shipment in Costa Rica, marking a new milestone for its Central America operations. The 40-foot container, carrying vehicle parts, moved from Ningbo, China to Buenaventura, Colombia on PIL's West Coast South America Service 6. It was then transshipped to Puerto Caldera, Costa Rica via the newly launched West Coast Central America Feed
HMM, ONE and Yang Ming unveil 2026 East-West service networks HMM, Ocean Network Express (ONE) and Yang Ming Marine Transport have each released details of their East-West service networks for 2026, covering the major trade lanes linking Asia with Europe, North America and the Middle East. All three carriers confirmed that their updated networks will take effect from April 2026. The carriers said the revised networks are designed to enhance service reliabil
ABB and HDF to develop high-power fuel cells for ships ABB and HDF Energy have signed a joint development agreement to create a high-power fuel cell unit for marine use. The technology targets megawatt-scale installations for large seagoing vessels. The partners expect the system to support ships such as container feeder vessels and liquefied hydrogen carriers. The agreement builds on a memorandum of understanding signed by both companies in 2020. AB
Anglo-Eastern trains seafarers for ammonia-fuelled vessels Anglo-Eastern has completed its first pilot training course on ammonia as a marine fuel. The programme marks a key step as the company prepares to take over its first ammonia-fuelled ship. The two-day course took place on November 24 and 25 at the Anglo-Eastern Maritime Training Centre. It brought together 26 participants from across India. Attendees included masters, chief engineers, senior offi
Poseidon Principles opens the door to private capital The Poseidon Principles, the shipping finance framework used by banks to track and disclose climate alignment, is widening its scope to bring more of the maritime finance world into the tent. Until now, the initiative has largely been the domain of ship lenders, lessors and financial guarantors. That is set to change. The Poseidon Principles ...
ICTSI pours $175m into Rio terminal expansion Manila-based port operator International Container Terminal Services Inc (ICTSI) is pressing ahead with a major expansion at Brazil's Rio Brasil Terminal, committing R$948m ($175m) to lift capacity and modernise operations at the Port of Rio de Janeiro. The investment programme, running from 2025 to 2029, will increase annual capacity by more than 70%, from 440,000 ...
Navios Partners rolls out new leadership structure Navios Maritime Partners has announced a series of senior leadership changes as the New York-listed diversified owner reshapes its top management structure under chairwoman and chief executive Angeliki Frangou. At the centre of the move is the creation of an office of the chairwoman, designed to bring senior decision-making closer to the company's long-term strategy ...
World's largest battery-electric ship powers up The largest battery-electric ship ever constructed was powered up yesterday and successfully completed its first e-motor trial in Hobart, Tasmania. The powering of Hull 096 - the largest electric vehicle of any type on the planet - was witnessed by many dignitaries at a ceremony at Australian yard Incat Tasmania. The 130 m long vessel, ...
Benelux Overseas steps into ammonia with $240m VLAC order Benelux Overseas is set to widen its footprint in gas shipping after brokers linked the Athens-based owner to a $240m order for two very large ammonia carriers (VLACs) at HD Hyundai Heavy Industries in South Korea. HD Hyundai said last week it had secured a KRW354.2bn ($240m) contract to build two 93,000 cu m VLACs ...
Infamous 'death ship' scrapped Nippon Yusen Kaisha's Sage Sagittarius, a 25-year-old post-panamax bulk carrier that made plenty of headlines a decade ago, has been sold for scrap in Bangladesh at a price of $430 per ldt, The vessel was dubbed the death ship in Australian media more than a decade ago after three men died in mysterious circumstances in ...
SSY buys Grieg Shipbrokers UK shipbroking group SSY has struck a deal to acquire Grieg Shipbrokers, adding one of Scandinavia's longest-standing brokerage houses to its expanding global platform. The deal is set to take effect in January 2026, subject to customary conditions. Founded in 1884, Grieg Shipbrokers has built a strong position across gas, dry bulk, tankers, offshore, sale ...
Hapag-Lloyd orders eight methanol dual-fuel boxships in $500m newbuild push Hapag-Lloyd has firmed up its fleet renewal plans with an order for eight dual-fuel methanol container ships at China's CIMC Raffles, alongside agreements to charter a further 14 vessels on long-term contracts. The German liner major said the eight newbuildings will each have a capacity of 4,500 teu, with deliveries scheduled for 2028 and 2029. ...
Black Sea shipping carnage deepens as Turkish vessels hit in Russian retaliation The risks facing commercial shipping in the Black Sea escalated sharply over the weekend after two Turkish-controlled vessels were struck amid a wave of Russian attacks on Ukrainian port infrastructure, following Kyiv's recent strikes on Russian-linked shipping and energy assets. On Friday, Cenk Shipping's ropax Cenk T (built 1978) caught fire while alongside in Chornomorsk ...
Shadow LNG carrier blocked by early Arctic freeze A sanctioned LNG carrier linked to Russia's Arctic LNG 2 project has been forced to abandon attempts to reach the Utrenny terminal after encountering unusually thick sea ice in the Gulf of Ob. The 293 m long LNG carrier Buran (built 2023), one of seven LNG carriers listed under Sovcomflot in VesselsValue's fleet register, made ...
Shanghai's box boom exposes a resilience blind spot In container shipping, the leverage - and the real fragility - now lives where the cranes greet the sea, writes Wolfgang Lehmacher. Shanghai has just pulled off something remarkable, even by its own lofty standards. The world's largest container port handled more than 46m teu in the first 10 months of 2025, up 6.5% year-on-year, ...
ONE Continuity loses 45 containers off the Canary Islands A complex cargo recovery and re-lashing operation is under way in the Canary Islands, involving a team of eight specialised personnel, crane operators, welders and lashing experts. A mega-container ship operated by Ocean Network Express (ONE) and owned by Seaspan lost around 45 containers overboard after encountering severe weather south of the Canary Islands, forcing ...
Product tanker stocks in retreat, weighed by peace talks and rate dip Product tanker owners are profiting from healthy spot rates that are generating strong cash flows. This has not translated into...
EU tightens sanctions net on shadow fleet facilitators The EU is going behind the shadow fleet network in its latest sanctions to target high profile traders and operators...
Why is Trump the most influential person in shipping? The Lloyd's List team discuss the rankings of this year's Top 100 People and highlight some key rankings of which...
Frangou creates new tier of top brass at Navios Partners Promotions follow recent retirement of company number two Ted Petrone
The Week in Charts: Tanker identity theft cases rise dramatically | US designates tankers for Venezuela trade | Bay of Bengal U-turn for suspected Iran-laden gas carrier Lloyd's List's weekly showing of the data and figures behind our news, analysis and markets coverage
Shipbroking consolidation continues as SSY buys Norway's Grieg Shipbrokers SSY confirmed the Grieg Shipbrokers' brand will not continue following the acquisition, as the business will be fully integrated into...
Shipping banks' Poseidon Principles scores improve but still fall short of IMO goals Shipping lenders' Poseidon Principles scores have improved year on year but still fall short of IMO targets, according to the...
The week in newbuildings: orders for 21 ships confirmed from boxship, dry cargo, gas and tanker sectors Significant orders included eight boxships confirmed by Hapag-Lloyd and a pair of very large ammonia carriers ordered by China's Tianjin...
Hanwha wins approval to become largest shareholder in Australia's Austal Following approval from the US government in June to raise its stake in Austal to 19.9%, Hanwha also secured approval...
Cosco Shipping Energy orders for 19 newbuilds at group yards December surge signals continued growth of China's shipping sector
Containers topple off ONE Continuity en route from France to Singapore This marks the second incident involving a ONE containership in less than three weeks
Russia's smuggled grain finds new market in Saudi Arabia A joint investigation by Bellingcat and Lloyd's List has identified Saudi Arabia as the newest country to import grain directly...
The Daily View: Disruptors and disruption
Salvage tug embarks on first operation since taking up Djibouti station Vessel tows bulker with flooded engine room in Gulf of Aden
Daily Briefing One Hundred People 2025: Influence in an age of diminishing power | Greek owner Altomare was target of Iranian hackers...
Impact of non-domiciled CDL enforcement splits US trucking sector The US Department of Transportation estimates there are about 200,000 holders of non-domiciled commercial driver's licenses, most of whom would lose eligibility under a proposed rule that would bar certain immigrants from operating commercial vehicles.
More data sharing crucial to avoiding future port congestion: officials Although major US gateways have made some progress in promoting data sharing on vessel arrivals, port authorities say more systemic thinking must take place among carriers and their supply chain partners to avoid a repeat of the meltdown that occurred in 2021-22.
LTL carrier Saia makes some volume gains, but market still soft Saia reported year-over-year increases in daily shipment volume in November, XPO saw a decline, while ODFL raised its yield as shipment volumes dropped.
US freight industry enters 2026 with low growth expectations As economists question whether the US consumer is finally pulling back as tariff costs increasingly show in store prices, another major generator of freight - manufacturing orders - is showing signs of sputtering.
Premier Alliance's 2026 network to maintain Red Sea diversions Alliance members Ocean Network Express), HMM and Yang Ming said they were "closely monitoring" the situation around the Red Sea with the focus on the safety of crew, ship and cargo.
Terminal operator ICTSI expands South America, Africa footprints The Manila-based company is tapping into moves by the governments of Brazil and South Africa to enable their ports to handle steadily rising container volume and calls by larger vessels.
Odfjell signs biofuel offtake deal with Petrobas to launch its own green corridor Year-long agreement signals company's desire to show the way to encourage others to follow
US seized VLCC with the clock ticking on judge's warrant, court papers show Skipper crude carrier was bound for Cuba, which condemned the interception as piracy
Undervalued TEN is an industrial tanker player available at traders' prices, Clarksons says Analysts say the US-listed stock is selling at a big discount to ship values
EU sanctions kingpins of dominant shadow player Companies and individuals doing business with Rosneft land on Europe's blacklist
Bahri signs up to Saudi princess' maritime sustainability project Tanker giant agrees to pursue the protection of marine ecosystems and the reduction of pollution
EU sanctions executives linked to a dominant dark fleet owner in latest round of blacklistings Companies and individuals doing business with Rosneft land on Europe's blacklist
Shipping outlook 'deteriorates' as geopolitical risks increase, says Fitch US ratings giant is downbeat on container ships and bulkers, but tankers remain a bright spot
Personal connections and tactical cargoes: Norden chief explains latest M&A deal Danish owner-operator has its eye on Africa
BW LNG confirms intent to adopt three-tank LNG carrier design CEO says company has to be at forefront of technology adaptation
Kostas Angelou breaks into VLAC sector with $241m order in South Korea Clarksons says HD Hyundai Heavy to build two 93,000-cbm ammonia carriers for handover to Benelux Overseas in 2028
US intercepted missile components being shipped from China to Iran, report claims Operation off Sri Lanka came weeks before the seizure of Venezuelan-trading VLCC
US nabbed missile components being shipped from China to Iran, report claims Operation off Sri Lanka came weeks before the seizure of Venezuelan-trading VLCC
Shipowner reveals 22-hour cross-border rescue in the Indian Ocean Cosco vessel diverts course as ship and shore teams race to save fisherman
Major shipowners and traders team up to boost ship fuel quality Bunkering Services Initiative sees Frontline, Oldendorff, BP, Vitol and others team up to boost accountability in key European hubs
GTT finally names new chief executive as Francois Michel New chief has worked for the International Monetary Fund and French president's office
Boxes fall off ONE container ship as heavy winds collapse stacks Japanese-controlled vessel made an emergency call in the Canary Islands following storm damage
Wallenius Wilhelmsen financial performance to dip in coming year Car carrier giant expects 2026 to come in at $1.65bn and $1.75bn
Per Saevik steps down from Havila as he hands over to his children Vegard Saevik will be CEO of Havila Holding
SSY confirms buyout of Grieg Shipbrokers as it pushes 'top 3' player spot No price given for acquisition, which wraps up next month
Braemar issues new shares as it pays for takeover of US broker Southport UK shop to list fresh stock worth $3.2m this month and in January
Targeting of crew in Black Sea slammed by seafarer union Seafarers should not be put in danger, regardless of the politics of the ships they're working on, ITF says
Venezuelan tanker exports plunge as US becomes 'pirate of the Caribbean' Few good outcomes for Maduro regime, US broker Poten & Partners says
Iran arrests latest small tanker in alleged smuggling crackdown operation Six million litres of fuel seized from 'foreign tanker' in the Sea of Oman
Angeliki Frangou promotes lieutenants in revamped Navios Partners leadership team US-listed shipping giant appoints new president and creates new executive office to support Frangou
Golden Energy Offshore banks $32m from equity issue to owners and management Clear Ocean and Pelagic buys new offer shares for $24m
PIL mulls order for up to eight LNG dual-fuelled boxships The Singapore liner company has approached shipyards in China and South Korea for the new dual-fuel container vessels
China warns of VLCC adrift in the South China Sea Authorities say Djibouti-flagged tanker is 'not under command'
Ukraine's largest sanctions package exposes dark fleet's telltale tanker churn Rapid resales, flag-hopping and serial renaming dominate Kyiv's latest vessel blacklist
Japanese bulker once branded a 'Death Ship' set to feel the breaker's burn Recycling sale of NYK's Sage Sagittarius leaves the Japanese fleet with a single post-panamax self-unloader
Poseidon Principles banking group in talks to add private equity and underwriting members Group of shipping lenders to welcome other sectors on board in drive to decarbonise
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