VIDEO: Tariffs hit Port of Los Angeles cargo volume The Port of Los Angeles processed 716,619 TEU of containers in May, 5% less than last year. After 10 straight months of year-over-year growth, overall cargo volume slowed due to the impact
Tug Garth Foss now assisting stricken car carrier Morning Midas The second of three specialized vessels dispatched by salvors, Resolve Marine, arrived at the location of the car carrier Morning Midas (IMO 9289910), on June 15, local time zone (UTC -9), reports
Eitzen Avanti plans to build world's largest battery-powered containerships Norway's Eitzen Group has plans to build what will be the world's largest battery-powered containerships. Its Eitzen Avanti unit is to receive NOK 200 million (about $20.2 million) in support from the
Maersk adjusts IA11 Service Maersk has revised its intra-Asia IA11 service by removing the port of Ningbo. The route now exclusively connects Shanghai and Ho Chi Minh City, operated by two vessels with a capacity of approximately 1,500 TEU each, according to DynaLiners. If you liked this post, please consider donating The post appeared first on Container News .
China expands tariff-free access to African Nations amid direct investments drop China has announced the expansion of its zero-tariff policy to cover 53 African nations, a move expected to significantly shift global trade dynamics and maritime logistics. The new measure, unveiled during a high-level meeting in central China under the Forum on China-Africa Cooperation (FOCAC), extends preferential trade terms to include not only the continent's least-developed countries but al
CMA CGM introduces new peak season surcharges on Transatlantic Routes CMA CGM Group has announced new Peak Season Surcharges on shipments from North Europe to the United States. For cargo moving from North Europe, including Scandinavia, the Baltic, and the Spanish Atlantic coast (excluding Portugal), to the US West Coast, the surcharge is set at US$ 150 per 20-foot container and US$ 300 per 40- or 45-foot container, applicable to all cargo types. Additionally, a si
CMB.Tech to merge with Golden Ocean CMB.Tech is set to merge with fellow listed company Golden Ocean, a major dry bulk owner. CMB.Tech will be the surviving entity in the merger and is expected to hold control over roughly two-thirds of the combined company. It owns owns four 6,000 TEU containerships and has one 1,400 TEU vessel on order. The newly formed group will operate a diversified fleet of approximately 250 vessels across mu
Idle containership fleet sees slight decline In the two weeks leading up to 2 June, the global idle containership fleet saw a net reduction in capacity, despite a rise in the number of laid-up vessels. Source: DynaLiners While three additional ships were added to the lay-up list, overall idle capacity fell by 15,300 TEU, bringing the total to 71 ships with a combined capacity of 185,200 TEU to 0.6% of the total fleet. Source: DynaLiners Mea
ANL adjusts port rotation for MYNY service ahead of vessel replacement ANL has announced a change in the port rotation for voyage MYNY 236N/237S due to internal operational requirements, ahead of the vessel's phase-out in Asia. The MYNY will be replaced by the ANL FRANKSTON 001S/001N, which is scheduled to call at Pusan with an estimated time of arrival on 18 July 2025. The schedule will be as follows: If you liked this post, please consider donating The post appea
Salvors move Wan Hai 503 away from Indian coast The container ship Wan Hai 503, which suffered a serious fire on 9 June, has now been towed westwards away from Indian waters, after a joint effort by the Indian navy and salvors appointed by Wan Hai. The 4,520 TEU ship was sailing from Colombo to India's Nhava Sheva port when an underdeck explosion occurred. Indian media reports suggested that hazardous goods in some containers caused the blast.
Port Houston partners with DSP for major EDI and database support project DSP, through its US branch DSP America, has entered into a key agreement with Port Houston to provide critical processing and maintenance support for the port's Electronic Data Interchange messaging and database systems. This partnership highlights DSP's specialization in terminal operations technology and supports Port Houston's ongoing efforts to enhance efficiency and sustainability across its
Maersk revises peak season surcharge for F5W trade Maersk revised Peak Season Surcharge for the F5W trade route, applicable to dry, special, and reefer containers, effective 1 July 2025. The surcharge applies to cargo originating from China, Japan, Singapore, Malaysia, Indonesia, Vietnam, Cambodia, Laos, Thailand, Myanmar, the Philippines, Brunei, Hong Kong, Taiwan, and South Korea, and destined for Jawaharlal Nehru (India), Mundra (India), Pipav
Gulf shipping braces as Israeli strikes on Iran rattle trade artery Gulf region is again on high alert as reported Israeli strikes on senior Iranian military and nuclear officials have jolted Gulf shipping, raising fears that the war between the two rivals could spill onto the sea lanes. Intelligence firm Windward logged 158 cargo vessels either anchored or creeping at low speed inside Iran's exclusive economic zone in the 48 hours after the strikes, an unusual c
OptimaLINE Reefer sales break 20,000-unit mark Carrier Transicold reports that global sales of its OptimaLINE container refrigeration unit have topped 20,000 since the product's commercial launch in September 2024,evidence of rising demand for high-efficiency, low-emission cold-chain technology. Carrier Transicold is a business of Carrier Global Corporation, a leader in intelligent climate and energy solutions. The OptimaLINE design pairs a v
Container trade increase in April According to the latest provisional figures from Container Trade Statistics, worldwide container throughput in April 2025 rose 5.8% year-on-year according to DynaLiners. Source: DynaLiners Volumes increased on 32 trade lanes and fell on 17. Export routes overall expanded, but North American import traffic recorded the only pronounced contraction. Route-by-route highlights: Far East-to-North Ameri
New quay crane tips over at Tuas Port during delivery At approximately 1:20 p.m. on 15 June 2025, a newly delivered quay crane tipped over at a non-operational berth at Tuas Port. No injuries or fatalities were reported, and initial assessments indicate no damage to nearby port equipment or infrastructure. All operational berths at PSA Singapore remain fully accessible, with port operations and ongoing development works continuing without disruption
Cosco expands CV3 Service Cosco Shipping Lines has extended its China-Vietnam CV3 service to include Da Nang and Sihanoukville (Cambodia). With a second vessel added to the rotation, the service now operates weekly, calling at Yangpu, Ho Chi Minh City, Sihanoukville, Da Nang, and returning to Yangpu. If you liked this post, please consider donating The post appeared first on Container News .
CMA CGM and X-Press Feeders add Corinto to Maya1 Service CMA CGM and X-Press Feeders have included Corinto in the rotation of their intra-West Coast Central America Maya1 service. Corinto will continue to be served by Maya2 as well. The updated Maya1 itinerary now covers: Buenaventura, Corinto, Puerto Caldera, and back to Buenaventura, according to DynaLiners. If you liked this post, please consider donating The post appeared first on Container News .
Central American port volumes rise in Q1 2025 Central American ports handled 3.65 million TEU in the first quarter of 2025, marking a 2% year-on-year increase. Source: DynaLiners Growth was driven by a strong 9% surge along the Pacific coast, led by Balboa (+8%) and Puerto Quetzal (+21%). However, gains were tempered by a 2% decline on the larger Caribbean side, where only Almirante and Santo Tomás de Castilla reported volume growth. If you
Blending ancient statues with modern port infrastructure Ports with ancient statues offer a unique blend of commerce and culture, making them attractive not just for shipping but also for tourism and investment. These heritage-rich ports enhance their commercial appeal by combining modern infrastructure with historic allure, attracting both logistics partners and global travelers. We tasked an AI software to generate such a scenario, and we present the
DP World eyes Port Saint John as new shipping gateway The announcement by Port Saint John's CEO, Craig Bell Estabrooks, regarding DP World and Canadian Pacific Kansas City (CPKC) exploring opportunities to diversify imports at its waterfront terminal carries both geopolitical and operational significance. The Canadian port's strategic location at the mouth of the Saint John River, with its year-round ice-free status and extreme tidal range, makes it
Diana ships out 15-year-old panamax Greek bulker owner Diana Shipping has struck a deal to sell its 15-year-old panamax to an undisclosed buyer. The New York-listed company is offloading the 75,700 dwt Selina after more than nine years for $11.8m, before commissions. The Jiangnan Shanghai Changxing-built vessel, estimated at $12.35m by online pricing platform VesselsValue, was acquired by Diana for ...
Russian-linked tanker crew accused in Finland-Estonia undersea cable sabotage probe Finnish authorities have formally accused senior officers aboard the Eagle S, an oil tanker linked to Russia's shadow fleet, of criminal misconduct following significant damage to vital undersea infrastructure between Finland and Estonia late last year. The incident, which took place on December 25, 2024, involved the severing of the Estlink-2 power cable and communication ...
GPS jamming on the rise as Israel-Iran conflict enters fourth day The conflict between Israel and Iran stretched into a fourth consecutive day on Monday, rattling global energy markets and placing the maritime industry on edge. While Israeli airstrikes have so far avoided directly targeting Iran's crude oil infrastructure, a reported explosion at a natural gas plant near the massive South Pars field over the weekend ...
New crane collapses at Singapore's Tuas port On Sunday afternoon, a new quay crane at Singapore's Tuas port tipped over while it was being delivered to a non-operational berth. There were no injuries or fatalities. No damage has been assessed to adjacent port equipment and facilities. All of PSA Singapore's current operational berths remain fully accessible, and all port operations and port ...
John Denholm to succeed Emanuele Grimaldi at ICS The International Chamber of Shipping (ICS), the global lobby group for shipowners, has announced the appointment of John Denholm as its chairman-designate, set to succeed Emanuele Grimaldi. Denholm, a long-standing board member representing the UK and current vice chair of ICS, is also chairman of J&J Denholm, a diversified, family-owned group with operations across shipping, ...
Survey paints a picture of how ships will operate in 2035 A recent survey carried by Splash and Inmarsat, published in Ship Concept 2035, reveals a maritime industry poised for profound change by the next decade, driven by accelerating technological advancements. While optimism abounds for enhanced safety and efficiency, significant challenges remain concerning workforce adaptation, energy transition, and the ability of global legislation to keep pace.
The key to success in maritime software? Don't forget to think like a shipowner Consolidated data, curated by suppliers who understand the market is most likely to drive value, writes Staci Satterwhite, CEO of ABS Wavesight. Shipping is often encouraged to take lessons from other industries. Just as they have benefited from digital transformation, shipping has a unique opportunity to leverage data to drive operational efficiency, enhance safety and ...
Who are the winners and losers of shipping's decarbonised regulatory future? Lloyd's List's editor-in-chief moderates a conversation in Oslo featuring thought leaders from within shipping to ask who stands to do...
Star Bulk pushes ahead with buybacks While selling older tonnage on the one hand, Nasdaq-listed owner spends more cash to repurchase shares
China's supercapacitors can help greener shipping China sees a growing role for supercapacitors in cutting greenhouse gas emissions from ships, as the technology improves
Eitzen Avanti to build largest electric boxships after additional funding The two containerships will operate between Norway, Sweden and Germany and be charged at a new facility being built at...
Pressure group UANI hails Liberian registry after removal of all Iran-linked tonnage New York-based pressure group UANI has applauded Liberia for its 'world-class' compliance programme after removing vessels that appeared on the...
Second tug arrives at scene of stricken Morning Midas as fire appears extinguished Master of Zodiac Maritime-owned pure car and truck carrier reported smoke from vehicle deck laden with electric vehicles on June...
Indian aframax and ageing handysize bulker sold for scrap as recycling sales remain limited Two vessels were reported as sold for scrap during the past week during a fallow period for ship recycling
Seafarers detained as 'leverage' against shipowners and insurers, claims X-Press Pearl in-house lawyer Russian master still held in Sri Lanka four years after casualty
Seafarers facing charges must get due process, Dominguez insists 'It is not the intention of the IMO to intervene or question the processes of countries in their jurisdiction,' secretary-general...
The week in charts: Red Sea remains 60% lower than normal | Hundreds of voyages to Iraq may be fake | Port congestion pushes up Asia-Europe rates Red Sea traffic volumes unaffected by US-Houthi ceasefire; Nearly 400 tanker and LPG voyages to Khor Al Zubair in the first...
The week in newbuildings: Controversial ropax order signed while ONE boosts boxship orderbook One bulk carrier, an LNG bunkering vessel, four ro-paxes, 10 containerships and 24 general cargoships ordered in past week
Finnish police accuse Eagle S master of cable cutting Cook Islands-flagged tanker Eagle S was accused of cutting an undersea telecommunications cable on December 25, 2024
Shipping in wait-and-see mode as Iran and Israel conflict continues Oil infrastructure was hit in weekend attacks, instances of 'extreme jamming' of AIS are causing security problems, and the regional...
Burning boxship towed away from Indian coast Wan Hai Lines said the cause of the fire is still unknown and that search and rescue efforts to find...
Pan Ocean confirms order for two VLCCs Given the limited number of available slots, South Korean shipyards are expected to adopt a conservative approach when negotiating prices...
Antong unveils $170m container plan after cancelling acquisition deals Easing of US-China tensions and limited new ship supply open growth opportunities in China's coastal container trade
The Daily View: Rising lion, hidden risk
Daily Briefing Combined Maritime Forces on war footing as Iran promises revenge | Everything you need to know about the Strait of...
BC ports, longshore unions need new bargaining process: report A wide-ranging report commissioned by Canada's Labor Ministry says British Columbia's ports are vulnerable to strikes in part because of disparate longshore unions involved in contract talks.
Are we entering a 'golden age' for major ocean carriers? It's reasonable to assume the larger container carriers are now going to earn above historical returns, but they will not be immune from significant dips when supply significantly exceeds demand, writes Jeremy Masters.
Closure of Strait of Hormuz would further stretch global container capacity While just 2% to 3% of global container traffic transits the key chokepoint, any restrictions would further tie up global vessel capacity and cut off the ports of Jebel Ali and Abu Dhabi.
Market seeks to navigate medium-term cuts to heavy-lift air cargo capacity The loss of An-124 heavy-lift air capacity will force a modal shift to ocean or a reduction in cargo sizes to fit into smaller craft, experts say.
Cocaine case sees ship captain endure jail ordeal after refusing to frame crewmates Captain Yu Yihai unfairly took the blame following the discovery of a cocaine haul on his vessel
The 'King of Bankruptcy' dishes on his bitter fight with 'The Donald' in New Jersey Wilbur Ross says Trump's trade war on China could lead to a wealth transfer to another region
After conquering space, Senator Mark Kelly turns to a tougher task: fixing the US flag Former astronaut and King's Point grad opens Marine Money Week with an appeal
Space conquered, Senator Mark Kelly turns to a tougher task in US flag Former astronaut and King's Point grad opens Marine Money Week with an appeal
Diana Shipping sells second bulker in quick succession at a profit US-listed owner will probably notch up a gain on the sale of the 15-year-old vessel
Cargo owners seek more stringent climate action from shipowners Sea Cargo Charter reports greater data transparency but calls on more companies to sign up
How $10m silver heist from a Maersk container left a trail of litigation Case management judge says case has the makings of a classic Agatha Christie mystery
Israel-Iran conflict fuels speculation of dark gas carriers facing the chop Former Fredriksen executive says 57 dark VLGCs could head to the breakers over sanctions risk
Blaze on Zodiac Car carrier appears to be out as vessel taken under tow London-based manager says second tug has reached Morning Midas following crew evacuation
Wavelength Podcast: A cut in the Russia oil price cap and US car carrier fees back down Plus, Sea Cargo Charter reveals its data, but not all is rosy, and Granular, a new segment from our editorial team
Star Bulk splashes $32m on its own stock as price keeps rising Greek owner still trading well below net asset value as it returns cash to investors
Idle FSRU offered to Middle Eastern countries as energy security fears mount Infrastructure developer Gasfin seeks work for Energos Force
Ship management giant V.Group set to deploy next-generation AI agents Ship manager aims to take the hindsight out of decision-making
Tanker owners may face diversions and alternative routes, brokers say Pipelines could come more into play as Middle East conflict escalates
George Economou tanker lifts crude from first new private Nigerian terminal in 50 years $400m Otakikpo facility ships out debut barrels on TMS Tankers suezmax
Norway's Gard restructures business with new regional chiefs Insurer setting up dedicated regional units with claims handlers and underwriters
CMA CGM swoops on $40m Dutch feeder pair Liner giant purchases two 1,400-teu vessels from Harlingen-based JR Shipping
Vafias family inks tanker deals with Peter Georgiopoulos and d'Amico International Shipping Lured by falling prices, major Greek owner makes a comeback on secondhand tanker scene
Data wars: Inmarsat's NexusWave bags 250 installations in first year Bonded multiple channel solution becoming popular as digitalisation needs grow, says company
Caravel Group becomes biggest shareholder in Pacific Basin Shipping Hong Kong shipping company has been building its stake significantly since March
Celsius emerges as seller of product tanker as Toro Corp boosts fleet Danish owner reported to have offloaded the Celsius Portsmouth to Cypriot player
Drunk Russian master sacked as Wilson bulker damaged in collision Captain dismissed with immediate effect
New TradeWinds website and app update launched New look home page, article pages and improved mobile platform
Shadow tanker crew may be charged over alleged cable damage Finnish prosecutors end probe into Eagle S, with three seafarers still under suspicion
'When shots are fired, buy ships': Clarksons reflects on the lessons from past Middle East conflicts Analysts say shipping markets often react more to behavioural shifts than to actual cargo losses
All about the bins: A milestone, ambitions and a UK honours for marine conservation Fifteen minutes with GreenSeas Trust founder Fazilette Khan
Conflict premium: Stocks rally as shipping 'poised to outperform' Much of potential upside from Middle East risk not reflected, Clarksons says
Purus LNG newbuilding fixed to JERA as period activity gets lively Market players questioning what escalation of Israel-Iran conflict might mean for sector
Genco pushes up bulker rates in second quarter as 95% of capacity covered Earlier prediction of better numbers has been realised at US owner
World's first hydrogen-powered bulkers ordered by Norwegian shipowner Gelibolu Shipyard to deliver coastal ships running on fuel cells in 2027
Strait of Hormuz closure would hurt Iran oil exports due to a lack of alternatives, analysts say Jask terminal has loaded little crude yet
Biggest ever electric container ships planned by Norway's Eitzen Group with $20m state funding boost Green fund Enova contributing cash to develop what could become world's largest battery-powered container vessels
VLCC rates surge as tanker owners steer clear of Middle East war zone Bookings close to a standstill in Middle East Gulf
Crude tankers set for 'big rally' as analysts run rule over top shipping stock picks Analysts also favour dry bulk and LPG stocks
Top marine insurers boast financial firepower to avoid M&A pressure, says Swedish Club boss Thomas Nordberg said strong investment results eased pressure on clubs for new tie-ups
Greece's Vernicos brothers expand Nautilus bulker bet with second acquisition Athens-based siblings widen their footprint across several different shipping markets
Lepta Shipping returns to Yamic for kamsarmax bulk carriers Japanese tonnage provider has ordered two newbuildings scheduled for 2028 delivery
Big ships reappear on recycling beaches as SCI and Berge Bulk offload older tonnage India's top shipowner sends aframax to Alang, while Singapore-based bulker giant opts to scrap VLOC in Bangladesh
DHL Express Canada to suspend parcel operations amid labor deadlock DHL Express Canada will stop accepting shipments on Tuesday and suspend all operations on Friday in response to a work stoppage by 2,100 employees.
Saudi Arabia-based leasing company to buy 10 Airbus A350 freighters Airbus has won an order from a Saudi Arabian aircraft leasing company for 10 next-generation A350 cargo jets.
Los Angeles box volume hits lowest level in two years May volumes decline by 5% but container traffic is up year-to-date.
Atlas Air consolidates Miami operations in larger cargo facility Atlas Air, the largest operator of Boeing 747 cargo jets in the world, said Monday it will relocate to a larger operations base at Miami International Airport, enabling it to consolidate operations in one location with greater capacity for future international growth. Atlas Air is the largest cargo operator at the Miami airport, handling more [...]
Israel ports unfazed by new missile strikes Israel's ports are operating as usual as Jerusalem and Tehran trade missile strikes.
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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