ABS to acquire MetaSHIP game-based training As part of its strategic growth plan for ABS Training Solutions, ABS is moving to deliver immersive, next-generation maritime training at scale. It has signed an agreement to purchase the MetaSHIP intellectual
Bentzel: Tariffs on Chinese-made port equipment should be reinvested in U.S. maritime The U.S. has now started charging Section 301 port fees on Chinese built ships (with China imposing tit-for-tat measures in reponse). While most attention has centered on those fees, the latest proposed
USCG awards Rozema $70.9M heavy weather boat contract The U.S. Coast Guard has awarded an indefinite delivery, indefinite quantity (IDIQ) contract to Rozema Boat Works Inc. of Mount Vernon, Wash., to acquire up to six second-generation special-purpose craft - heavy
Smart Air selected for KNOT shuttle tanker Chinese shipbuilder COSCO Shipping Heavy Industry (Zhoushan) has contracted Oslo-headquartered TMC Compressors to supply what TMC says is "probably the global maritime market's most energy efficient marine compressed air system," featuring its
Lloyd's Register releases new guidance on nuclear-powered shipping Lloyd's Register (LR) has published Navigating Nuclear Energy in Maritime, a new guidance document that, it says, provides the first roadmap for the safe and responsible use of nuclear technology in commercial
CMA CGM in LOI with Cochin Shipyard for 6 LNG-fueled box ship newbuilds The CMA CGM Group has signed a letter of intent for six state-of-the-art LNG-powered 1,700 TEU containerships to be built at Cochin Shipyard Limited (CSL), India. The move makes the group the
Mobile Harbor project reaches 50 feet The Alabama Port Authority has completed the Mobile Harbor Modernization Project, deepening the Port of Mobile's main channel to 50 feet and officially making it the deepest container terminal in the Gulf
Helm Operations names James Wadsworth CEO Victoria, B.C.-headquartered maritime software specialist Helm Operations has announced a leadership transition that sees James Wadsworth assumes the role of chief executive officer (CEO). Nolan Barclay, Helm's first employee and most recent
Op-Ed: State of Great Lakes shipbuilding By Brendan Falkowski, Owner, Shipwatcher News Just over the last few months shipbuilding has gone from a forgotten industry in America to routinely making front page headlines. The current world climate has
Global bunker prices keep falling At the end of the 42nd week, global bunker indices MABUX continued their downward trajectory, defying expectations of an upward correction. The 380 HSFO index declined by US$12.11, to US$438.81/MT, slipping below the US$450 threshold. The VLSFO index dropped by another US$12.55, reaching USD 508.81/MT, approaching the US$500 level. The MGO index also decreased by US$13.86, moving to US$760.46/MT.
Port of Oakland sees September cargo dip amid shifting trade patterns The Port of Oakland handled 178,942 TEUs in September 2025, down 6.6% from last year and 7% below August volumes. Officials said the decline reflects tariff-related market shifts rather than normal seasonal trends. Full imports totaled 75,716 TEUs, a 7.9% drop year-on-year, while full exports reached 60,123 TEUs, down 2.2%. Despite the dip, trade flows remained stable thanks to consistent vessel
China Logistics delivers core equipment for Rucalhue Hydropower Station Project China Logistics has successfully completed the shipment of core equipment for the Rucalhue Hydropower Station Project, marking another milestone for the export of high-end, large-scale equipment made in China to South America. The Rucalhue project plays a key role in advancing clean energy development and boosting local economic growth. The equipment, notable for its large size and heavy weight,
HGK Shipping accelerates digital transformation with neuland.ai partnership HGK Shipping, Europe's largest inland waterway shipping company, is advancing its digital transformation with the launch of an in-house AI application in November. The company has partnered with Cologne-based neuland.ai, a platform specializing in AI solutions for small and medium-sized enterprises. This partnership reinforces HGK Shipping's long-term strategy to lead innovation in inland waterwa
Daehan Shipbuilding secures contract for two 8,800 TEU container ships Daehan Shipbuilding has signed a new contract valued at approximately KRW 330 billion to construct two 8,800 TEU container ships, marking another major milestone in its growing mid-sized shipbuilding portfolio. The agreement follows a series of recent orders, including eight Suezmax crude oil carriers in September , solidifying the company's strong momentum in the global market. The deal, signed
KWE Benelux Launches full operations at new Schiphol Warehouse Kintetsu World Express (Benelux) B.V. has officially started full bonded warehouse operations at its new facility in Amsterdam Schiphol Airport's southern cargo district as of October 8, 2025. This follows a phased opening that began in April 2025. The warehouse is strategically located near major ground handlers like Swissport, WFS, and dnata, improving accessibility and efficiency in air cargo
Kuehne+Nagel expands India footprint Kuehne+Nagel is expanding its fulfilment network in India with five new centres across Gurgaon, Kolkata, Nagpur, Mumbai, and Rajpura, adding 100,000 sqm of capacity. The move increases its total footprint in the country to nearly 500,000 sqm and will create over 1,500 new jobs. India's fast-growing economy and rising demand across high-tech, automotive, consumer goods, and healthcare sectors are
HMM orders KRW 4 trillion in new LNG-fuelled ships HMM has placed a KRW 4 trillion newbuilding order to expand and modernize its fleet. The investment covers twelve 13,000 TEU container ships and two Very Large Crude Carriers (VLCCs). The 13,000 TEU vessels will be LNG dual-fuel ships built by HD Hyundai Heavy and Hanwha Ocean. With tightening decarbonization rules from the IMO and EU, LNG is seen as one of the most practical lower-emission fuel
Inch Cape's first XXL monopiles Arrive at port of Leith The first shipment of XXL monopile foundations for Inch Cape Offshore Wind Farm has arrived at the Port of Leith, marking the start of a new offshore construction phase for the project and a new era for the recently completed Forth Ports' renewables hub. The 1.1 gigawatt Inch Cape will be the first to utilize the transformed port facility, where components for all the project's 72 foundations wil
Port of Los Angeles hits record quarter despite September dip The Port of Los Angeles moved 883,053 TEUs in September 2025, down 7.5% year-on-year, but still achieved its strongest quarter on record. "As trade policy unfolds, we can only predict more unpredictability," said Gene Seroka, Executive Director of the Port of Los Angeles. "When tariffs were first announced, importers halted orders from China. As deadlines were extended, cargo volumes rose again.
Sea-Intelligence: Ocean Alliance Consolidating Dominance In issue 736, Sea-Intelligence analysed the strategic positioning of the major carrier alliances following the significant restructuring in early 2025. With the new networks now stable, Sea-Intelligence's analysis uses operated capacity market share as a proxy for market influence. The data, tracked using an 8-week rolling average to smooth out operational volatility, reveals that Ocean Alliance
Freightos Weekly Update: China-US trade tensions rising Reported progress in US-China negotiations last month had some hopeful that the USTR would reduce or cancel its planned port call fees before the October 14th roll out date. Instead, the past week has featured a flurry of trade tension escalations between the world's two largest economies. In addition to tit for tat fees on US-linked vessels making China port calls starting October 14th, China an
Route inefficiencies still affects shipping operations Route inefficiencies have emerged as a defining challenge for global shipping, driven primarily by simultaneous disruptions across critical maritime chokepoints. The Red Sea crisis stands at the center, forcing 80-90% of container vessels to reroute around the Cape of Good Hope since late 2023. This detour adds 42% more distance for routes from the Middle East to Europe and 29% for Singapore-Rott
BIMCO, Hong Kong Chamber of Shipping sign strategic MoU BIMCO and the Hong Kong Chamber of Shipping have signed a strategic Memorandum of Understanding (MoU) on 8 October, marking a new chapter in maritime collaboration. The agreement aims to strengthen global cooperation in the maritime transport sector. Both organizations highlighted the critical role of the maritime industry in driving global economic growth and social development. They expressed a
Behind India's strategic shipbuilding transition India's shipbuilding ambitions reflect a calculated geopolitical strategy rather than mere industrial expansion
CMA CGM upgrades REX2 service CMA CGM has announced an upgrade to its REX2 service, further strengthening direct connections between Asia and the Red Sea region. The enhanced service aims to provide improved network coverage, faster transit times, and greater reliability for customers trading between China and key Red Sea ports. Effective October 2025, beginning with the m/v CMA CGM TOSCA (voy. 0RDMEW1MA), the upgraded REX2 s
Peninsula and University of Gibraltar launch high-tech maritime simulation suite Peninsula and the University of Gibraltar are strengthening their strategic partnership to train the next generation of seafarers. Building on a Memorandum of Understanding signed earlier this year, they have launched the Peninsula Maritime Simulation Suite. Funded by Peninsula, this high-tech facility will transform cadet education and professional development. The investment meets mandatory UK
DHL commits €300 million to boost african trade DHL Group will invest over €300 million in Sub-Saharan Africa to boost trade and logistics. The investment covers DHL Express, Global Forwarding, and Supply Chain. It will expand infrastructure, improve services, and create opportunities in e-commerce, perishables, energy, and healthcare. The African Continental Free Trade Area is opening a single market and increasing intra-African trade. Cross-
Brullo Group adds second advanced tanker from China The Italian Brullo Group is accelerating its fleet expansion with the purchase of a second high-tech chemical/oil tanker. Less than seven months after receiving Primo M, the company has taken delivery of Ginostra M, built by Fujian Southeast Shipbuilding Co. in China. Ginostra M measures 149 meters and has a deadweight of 18,590 tons. She has just begun her maiden voyage and will enter a time cha
Why China decided to impose sanctions on Korean shipyard firm? China's recent sanctions against Hanwha Ocean's US-linked affiliates represent a calculated geopolitical signal rather than an economic weapon
Port of Koper handles its millionth TEU earlier than ever before The Port of Koper (Luka Koper) has reached a major milestone, handling its millionth TEU of 2025 on the morning of October 15 - a full month earlier than last year and nearly two months ahead of previous records. In 2024, the port reached this landmark in November, while in earlier years it typically occurred toward the end of December. This year's earlier achievement highlights Koper's continued
PSA advances maritime resilience with AI innovation PSA and ASTAR Institute of High Performance Computing have embarked on a three-year joint research initiative to strengthen Singapore's position as a resilient maritime hub and empower more adaptive and secure global supply chains. The collaboration combines PSA's global logistics expertise with A*STAR IHPC's capabilities in advanced artificial intelligence, modelling, and simulation technologies
Adani and Google partner to build data centre in Visakhapatnam Adani Enterprises, through its joint venture company AdaniConneX, and Google announced a landmark partnership to develop India's largest AI data centre campus and new green energy infrastructure in Visakhapatnam. Google's AI hub in Visakhapatnam represents a multi-faceted investment of approximately US$ 15 billion over five years (2026-2030), comprising gigawatt-scale data centre operations, supp
Yang Ming's dry bulk arm readies four newbuilds in fleet renewal push Kuang Ming Shipping, the dry bulk subsidiary of Taiwan's Yang Ming Marine Transport, is returning to the newbuilding market with plans approved to order four vessels. The newbuilds, sized between 45,000 and 69,999 dwt, will be capable of transporting major bulks such as coal and grain, along with smaller cargoes including bauxite, fertilizer, cement, steel, ...
Danica flags rise in falsified records in tanker crew CVs amid wage surge Internal screening by crewing specialists Danica has revealed that between 5% and 10% of job applications for tanker vessels contain false information, due to a strong demand for experienced crew pushing wages upwards. According to the company, the discrepancies range from exaggerated sea service and incorrect vessel types to forged or altered certificates. "The tanker ...
Lloyd's Register issues first roadmap for nuclear-powered shipping British class society Lloyd's Register (LR) has published new guidance on the use of nuclear energy in commercial shipping, offering what it calls the first comprehensive roadmap for the safe and responsible integration of nuclear power into the maritime sector. The document, Navigating Nuclear Energy in Maritime, was developed in partnership with Global Nuclear Security ...
Pacific Basin shifting half of bulker fleet to Singapore to limit US port fee exposure Hong Kong-listed Pacific Basin Shipping is moving half of its bulker fleet to Singapore and reflagging vessels under its Singapore entity to reduce exposure to new US port fees introduced under the USTR Section 301 scheme. The move comes after a review of the April 2025 Annex I provisions, which impose additional fees on Chinese-owned ...
Baltic Exchange charts new routes for Canadian crude trade The Baltic Exchange has expanded its tanker benchmark portfolio with two new aframax routes reflecting the rise of Canadian crude exports to Asia and growing geopolitical uncertainty in global oil trade. The new assessments - TD28, which tracks voyages from Vancouver to Ningbo, China, and TD29, covering Vancouver to the Pacific Area Lightering (PAL) zone ...
Seven missing after crew boat capsizes alongside Scorpio-managed tanker off Mozambique Seven people are missing after a service boat carrying signing crew capsized earlier today alongside the Scorpio-managed oil/chemical tanker Sea Quest off Beira outer anchorage in Mozambique. The vessel, carrying personnel for the 2012-built MR2 tanker, formerly STI Ruby, had 21 people onboard. Fourteen were rescued, but seven, including five signing crewmembers, are still unaccounted ...
Orkim expands tanker fleet with largest vessel yet Malaysian tanker owner and operator Orkim has expanded its fleet with its largest vessel to date. The company recently took delivery of the 49,999 dwt MR tanker Orkim Citrine. The vessel expands Orkim's fleet to 18 vessels and increases the company's total deadweight capacity by approximately 30%. According to the company, the vessel will begin ...
Diana Shipping scores bumper rate with new SwissMarine cape charter Greek owner Diana Shipping has secured a strong fixture with SwissMarine for one of its capesize bulkers, locking in a daily rate well above its previous employment. The 2015-built, 180,960 dwt New Orleans has been fixed at $26,000 per day, minus a 5% commission to third parties. The charter will run from October 28, 2025, ...
Phoenix Shipping Wuhan plots $60m bulker fleet expansion China's Phoenix Shipping (Wuhan) has revealed plans to invest up to $60m to expand and modernise its dry bulk fleet. The Shenzhen Stock Exchange-listed outfit said in a filing the investment will be funded through internal resources, including self-raised capital, and remains subject to shareholder approval. Phoenix Shipping added that the move is aimed at ...
HMM places $2.8bn newbuilding order HMM has confirmed boxship orders covered by Splash last week, as well as revealing it has signed contracts for a pair of VLCC newbuilds. South Korea's flagship carrier has tasked HD Hyundai Heavy and Hanhwa Ocean to build a dozen LNG duel-fuelled 13,000 teu vessels while not revealing which yard will build the two VLCCs. ...
Shell hires SSCV for operations on $5bn project off Nigeria Energy supermajor Shell has hired a semi-submersible crane vessel (SSCV) from Singapore-based offshore services contractor Bluewhale Offshore for work on the Bonga North project off Nigeria. Bluewhale Offshore won the SSCV contract in collaboration with OOS International and comprises a firm period of 15 months with optional extensions. Financial terms were left undisclosed. The chosen ...
Bahri seals 10-year VLCC deal with South Korea's S-Oil Saudi Arabian shipping giant Bahri has renewed its long-term contract of affreightment (COA) with South Korean refiner S-Oil, extending a partnership that has been in place for two decades. The 10-year agreement will see Bahri continue to transport crude oil cargoes on VLCCs from the Arabian Gulf and Red Sea to Onsan, South Korea, moving ...
Saipem bags $700m worth of offshore deals with BP in Azerbaijan Italian energy services major Saipem has been awarded three new offshore contracts for the Shah Deniz Compression project operated by supermajor BP in Azerbaijan. The contracts were secured in consortium with BOS Shelf and BOS Shelf International, affiliates of Azerbaijan's state-owned oil company SOCAR. The overall value of the contracts is approximately $700m. Saipem's share ...
Tanker blaze kills 10 workers at Batam yard At least 10 people were killed and 21 others injured when an oil tanker caught fire early Wednesday while undergoing repairs at a shipyard in Indonesia's Riau Islands province. The blaze broke out around 04.00 hrs local time on Wednesday aboard the Federal II, a 1990-built aframax tanker serving as a floating storage and offloading ...
Halliburton wins work on three deepwater fields from Petrobras Houston-headquartered energy services giant Halliburton has been awarded multiple contracts to provide vessel stimulation, intelligent completions, and safety valves in Petrobras' deepwater fields in Brazil. In the Búzios field, Halliburton will deploy its SmartWell intelligent completion technology to enable real-time reservoir management and actionable insights to optimise production. For the S
Glomar Offshore MPSV to join DeepOcean fleet under new charter deal Norwegian ocean services contractor DeepOcean has entered into a time charter agreement for Glomar Offshore's multipurpose support vessel Glomar Supporter. DeepOcean will utilise the 2009-built vessel for survey, inspection, and light IMR operations for developers and operators of offshore wind farms and in the oil and gas sector. "We have actively been looking for smaller ...
UK strikes Rosneft, Lukoil and shadow fleet in toughest sanctions yet The UK government has launched its strongest sanctions offensive to date against Russia's energy sector, directly targeting oil majors Rosneft and Lukoil, four Chinese oil terminals, and 44 tankers from Moscow's so-called shadow fleet as well as seven LNG carriers, in a sweeping move aimed at choking off Kremlin oil revenues. Unveiled on Wednesday by ...
US and Saudi lead move to sink IMO's Net-Zero Framework The United States and Saudi Arabia have launched a coordinated push to stall and potentially derail the International Maritime Organization's (IMO) Net-Zero Framework (NZF), a landmark climate measure that aims to introduce a global carbon price for shipping. On the second day of this week's extraordinary Marine Environment Protection Committee (MEPC) meeting in London, both ...
Trump claims India will stop buying Russian oil President Donald Trump claimed yesterday Indian prime minister Narendra Modi has assured him that India will stop purchasing oil from Russia, something New Delhi has yet to confirm. Two months ago, Washington imposed 25% tariffs on India over those oil imports. If true, this would mark a seismic shift for the global tanker trades. India ...
What happens when the world's ballast currency starts to slip? The dollar's wobble exposes shipping's one-currency weakness, writes Andrew Craig-Bennett. As we all know, to generate a really big shipping crash, you must start with a banking crash. If the banks are having difficulty with that mundane banking operation, trade credit, things must be properly bad, but when they do get that bad, no letter ...
Public shipping companies wane in importance vs private owners Will the US-listed shipping sector ever be more than 'an attractive little niche that is fun to invest in when...
IMO mulls postponing NZF vote as climate talks near crisis point Governments against the adoption of the IMO's Net-Zero Framework are now confident that member states representing well over 50% of...
Konstantakopoulos boosts control of Costamare as precaution against China port hit Similar move swells Greek shipping family's voting power in spin-off Costamare Bulkers
Shipping must act to minimise cable cutting, subsea infrastructure sector demands IMO, shipowners and P&I clubs urged to raise their game
Costis Frangoulis elected first non-American president of International Propeller Club Greek maritime entrepreneur leads sweep of recognitions for Club's Greek chapter
Dynagas owner says UK sanctions on LNG trio '100% a mistake' Russian exports from Yamal terminal are legitimate, underlines Greek operator
Bahri signs 10-year deal with South Korean refinery The deal will see Bahri transport crude on its very large crude carriers from the Middle East Gulf and Red...
Pacific Basin shifts fleet and leadership to Singapore to avoid port fee impact Pacific Basin restructures operations and fleet to maintain neutrality and protect its global business amid new US-China port fee tensions
UK targets Russian oil majors, shadow fleet tankers and Chinese terminals in sanctions escalation The UK announced fresh sanctions on Wednesday targeting Russian energy majors Lukoil and Rosneft, 51 vessels, and for the first...
Seoul treads carefully after China blocks Hanwha Ocean subsidiaries South Korea finds itself walking a tightrope between its security ally and largest trading partner as the maritime trade war...
China port fees jolt tanker markets, but analysts see only short-term shock Operational issues continue to plague vessels entering China over uncertainties on ownership definition
HMM confirms $2.8bn domestic newbuilding contract Eight of the neopanamax containerships and the VLCCs will be built by HD Hyundai, while Hanwha Ocean will construct the...
The Daily View: The MEPC is getting nasty
US-listed shipowners still don't know their liability from Chinese port fees Wall Street's shipping names face a new test from Chinese port fees that target partial US ownership. Coincidentally, executives spoke...
Daily Briefing US tries to hobble NZF with late bid to change acceptance rules | Shipowners reshape boards to sidestep US-China port...
US trade dispute has multiple fronts to disrupt shipping: analyst The trade dispute has become multi-dimensional with many different elements all impacting shipping and the supply chain, writes maritime and Journal of Commerce analyst Lars Jensen.
J.B. Hunt: Intermodal volume retracts amid cost cutting measures J.B. Hunt lowered its peak season surcharge because of disappointing volume on the West Coast.
HMM inks $2.5 billion LNG container ship order The investment in less carbon-intensive vessels is part of a $17 billion spending plan that also includes $3 billion on its logistics business and the acquisition of new container terminals by 2030.
US trade war has multiple fronts to disrupt shipping: analyst The trade war has become multi-dimensional with many different elements all impacting shipping and the supply chain, writes maritime and JOC analyst Lars Jensen.
Growing box backlogs at Europe's strike-hit hubs could take weeks to clear Industrial action by auxiliary workers in Rotterdam and Antwerp-Bruges is heavily disrupting operations in the regions two busiest container ports.
US truckload pricing inches higher as trucking's peak beckons Seasonal demand is believed to fuel most of the moderate pricing gains, with the impact of a driver licensing crackdown perhaps affecting outbound lanes from Southern California.
Global Ship Lease casts doubt on market data on US ownership amid Chinese port fees Ship lessor says shareholders are dispersed, and their citizenship is hard to identify
Ardmore duo work to harness opportunity amid volatility a year after leadership transition Chief executive and president tell Wavelength Plus podcast they don't want to be 'binary' about market opportunity
Could hedging model answer shipping's questions over offtake deals Shipping and fuel suppliers have differing approach to offtake contract risk
China 'shockwave' amplifies bullish sentiment in tanker S&P market, say brokers Shortage of modern sales candidates keeps 'firm floor' under values
Brussels stays silent at key IMO climate talks as the balance of power starts to shift As discussions edge in favour of the no vote, delegates call on the European Commission to speak up
Pacific Basin Shipping shifting headquarters to Singapore to help escape port fee net About half of the Hong Kong bulker owner-operator's fleet will be redomiciled and reflagged in city-state
Lower lows and lower highs: How container shipping stocks are adjusting to a new reality This week's Streetwise looks at how a stubborn disconnect has created two tiers in boxships
Road map reveals shipping's path to a nuclear future, says class society Safer technology, climate change and government support are driving nuclear forwards, says Lloyd's Register director Mark Tipping
Seven missing as crew boat capsizes en route to Scorpio-managed tanker Accident happened in the port of Beira, Mozambique
Ammonia fuel marks milestone as newbuildings set to hit the water Newly formed Ammonia Europe seeks closer work with shipping to help close supply and demand disconnect
Theodore Angelopoulos-led Metrostar eyes asset play with modern tanker pair Athens-based outfit will be a pure-play product tanker player if it sheds its only two crude carriers
Yang Ming steps up bulker fleet renewal with order for series of handymaxes Taiwanese owner's Kuang Ming subsidiary wins board approval for newbuilding plan
Norway stands by IMO net-zero plan despite Teams call threats from US US warned Norwegian negotiators with sanctions
Would-be seafarers faking CVs to get on tankers, warns crew agency Danica Crewing Specialists warns that strong demand for experienced seafarers is leading to lies about career histories
MISC bites breaking bullet on 30-year-old LNG carrier steamship duo Record 2025 tally set for further boost but still not at expected levels
Pacific Basin Shipping to move half its fleet to Singapore to comply with US port fee rules Hong Kong-headquartered bulker owner and operator will also reflag the vessels
Baltic Exchange reacts to geopolitical upheaval with new tanker assessments UK organisation launches two fresh aframax routes as markets change
Eitzen family's bunker operation opens in Dubai as expansion continues Christiania Energy will add a third member to the team next month
Can ship engines run off salt water? UK trials aim to demonstrate direct onboard salt water to hydrogen engine system
Saudi Arabian shipping giant Bahri signs 10-year deal to keep VLCCs heading to South Korea Saudi Arabian owner renews contract of affreightment with refiner S-Oil
Konstantinos Konstantakopoulos issued special stock by Costamare to dodge China port fee rules Measure taken in response to Chinese charges, container ship and bulker operations reveal
HMM unveils huge $2.82bn order for 12 container ships and two VLCCs South Korean owner says latest move is a significant investment in its fleet
India poised to stop buying Russian oil, Trump says US president believes move will help end the Russian invasion of Ukraine
Nordea shipping loan book rises as investors show 'renewed appetite' CEO sees increased demand for corporate lending
Konstantinos Konstantakopoulos issued special stock by Costamare to swerve China port fee rules Measure taken in response to Chinese port fees, container ship and bulker operations reveal
Landmark ruling sees UK court back buyers in row over failed capesize sale Court of Appeal overturns earlier judgment that allowed the owner to avoid paying damages for not meeting the delivery date
Diana Shipping wins big rate increase from SwissMarine in hot capesize market Greek owner adds $6,000 per day to previous deal with K Line
Petros Panagiotidis' Castor mulls next expansion move as new loan brings in firepower European bank takes mortgage on four of the Cypriot company's bulkers
Venture firm Flagship Founders to stop launching maritime start-ups Focus will be on growing four existing success stories as company scalability to viable
BW LPG trading division $30m in the red due to open cargo valuations VLGC owner says market was volatile in third quarter
South Korean major clears out tankers after long-term BP charter Kmarin looks set to earn at least $135m from nine-year-old trio
Video: Fire kills 10 on storage tanker four months after first fatal blaze Tragedy strikes again on the Federal II in Indonesian repair yard
Suezmaxes notch fresh gains as VLCC effect predicted to fuel rally Baltic Exchange assessment hit a year-to-date high on Wednesday - before VLCC tickle down
Former North Star boss Matthew Gordon to run Vroon's offshore ships Experienced shipping executive takes on new role after leaving expanding Scottish owner in April
Wavelength Plus: Safety gaps in El Faro's wake TradeWinds' in-depth weekly podcast explores the legacy of a sunken ship 10 years after its loss
Ocean freight rates plummet amid China chaos Container rates on key trans-Pacific routes accelerated their decline as China and the U.S. escalated their trade war.
Import surge drives new Q2 record for busiest U.S. port The Port of Los Angeles, despite lower September imports, posted an all-time record quarter for container volume.
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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