Somtrans christens LNG bunker barge Bunker barge United LNG I has been officially christened in the Port of Antwerp. It marks an important moment for shipping company Somtrans, main shipbuilding contractor RensenDriessen and outfitting partners TeamCo Shipyard
Op-Ed: The key objective in advancing shipping's digital transformation The maritime industry stands at a digital crossroads. Over the past decade, the conversation has evolved from seeing shipping's digitalization as a "nice to have," to essential. From AI-driven decision making to
2025 River Bell Awards Luncheon sets new attendance record The Seamens Church Institute's 2025 River Bell Awards Luncheon, one of the inland maritime industry's most prominent annual gatherings, was held in Paducah, Ky., on December 11. This year's luncheon welcomed 634
MSC Cruises and Meyer Werft in landmark agreement for six next-gen cruise ships MSC Cruises yesterday announced a major new order for four next-generation cruise vessels and two additional options from Meyer Werft in Papenburg, Germany, marking the launch of its "New Frontier" platform-a brand-new
Crowley names Jen Leonard chief people officer Crowley has appointed Jen Leonard as its chief people officer, effective Jan. 1, 2026, succeeding Megan Davidson, who was recently named the company's chief operating officer, effective Jan. 1. As vice president
Alfa Laval introduces new LNG FCM Alfa Laval has launched a new fuel-conditioning module (FCM) that prepares liquified natural gas (LNG) for seamless use in marine engines. The new LNG FCM expands Alfa Laval's portfolio for alternative fuels,
Metal Shark and Tocaro Blue in strategic collaboration on autonomy Jeanerette, La. -based boat builder Metal Shark and Pensacola, Fla.-headquartered Tocaro Blue, a specialist if AI-powered marine sensor processing solutions, have entered a strategic collaboration to embed Tocaro Blue's ProteusCore radar processing
Rhenus Türkiye secures IATA Dangerous Goods Certification Rhenus Türkiye has obtained IATA certification for handling Dangerous Goods in air transport. The approval authorises the company to manage all nine hazard classes across its airfreight locations in Türkiye. The certification allows Rhenus Türkiye to receive, prepare, and forward Dangerous Goods shipments for air transport. This includes classification, packaging, labelling, documentation, and si
Kongsberg expands UUC PM Azimuth Thruster range Kongsberg Maritime has expanded its UUC PM azimuth thruster range. The new models deliver higher efficiency, reliability, and performance for offshore and marine operations. Two new sizes have been added to the UUC PM 405 model. The new units feature propeller diameters of 3.8m and 4.1m, producing 86 and 91 metric tons of thrust. Kongsberg plans future models up to 5.5m diameter and 6,000 kW powe
Fincantieri agrees extension of loan maturity for Virgin Cruises vessel Fincantieri has agreed to extend the maturity of a collateralized loan granted to VC Ship Four Ltd, a subsidiary of Virgin Cruises Intermediate Ltd, in connection with the delivery of a cruise vessel in December 2023. The Italian shipbuilding group said the loan, which was originally due to mature in December 2025, will now reach final maturity in September 2030. The extension forms part of a bro
HJSC secures first U.S. Navy MRO contract HJ Shipbuilding & Construction (HJSC), one of South Korea's leading defense shipbuilders, has secured its first maintenance, repair and overhaul (MRO) contract with the United States Navy, marking a significant step in the company's expansion into the U.S. naval sustainment market. The company announced on December 15 that it had signed a mid-term availability (MTA) contract with the U.S. Navy's
Chioggia completes nain girder lift of first 800-ton Goliath crane Cimolai Technology has completed the main girder lift of the first 800-ton rail-mounted Goliath crane at Porto Val da Rio, Chioggia. Standing nearly 110 metres tall, this marks a major milestone in the project. The first crane will be fully assembled by December 2025. The second crane will follow in spring 2026. Both cranes will be transported by barge in summer 2026. Each crane spans 118 metres
MPC Container Ships places order for six new container vessels MPC Container Ships ASA (MPCC) has ordered six new container vessels as part of a broader fleet expansion and balance sheet optimization strategy, the company announced. The six ships, each with a capacity of 3,700 TEU, will be built by Taizhou Sanfu Ship Engineering in China. First deliveries are scheduled for the second half of 2028. Each vessel will operate under a 10-year time charter, with e
Partial stabilization takes hold, but container lines stay away Recent data confirms that the Suez Canal is experiencing the partial stabilization scenario as Container News had projected
How tariffs accelerated the permanent reshaping of global trade US supply chains show signs of recovery after a turbulent year, but the numbers reveal that the world's commercial geography is being redrawn in real-time
Record orders signal end of globalization era Container carriers are flooding Chinese shipyards with unprecedented orders not because trade is booming, but because they're bracing for a permanently fractured world
Bureau Veritas announces new board appointments Bureau Veritas has announced several appointments to its Board of Directors following a meeting held on October 22, 2025. Geoffroy Roux de Bézieux has been appointed Lead Independent Director, Chairman of the Nomination and Compensation Committee, and Vice-Chairman of the Board, effective December 13, 2025. He replaces Pascal Lebard, who will no longer qualify as an independent director after com
How mega-ports became tools in the global trade shifts Shanghai's record cargo volumes reveal a new trend, the world's shipping infrastructure is now a battleground for strategic dominance
METRANS launches green intermodal logistics hub in Szeged METRANS has officially started construction of a major intermodal logistics hub in Szeged, marking a significant green logistics investment in Hungary. The project will become METRANS' second hinterland terminal in the country and is scheduled to begin operations in 2027. The groundbreaking ceremony brought together national and local officials alongside METRANS management. The new terminal will
Ricardo to lead study for green shipping corridor between Panama and Spain Ricardo has been appointed to lead a green shipping corridor feasibility study between Panama and Algeciras, Spain, aimed at supporting the decarbonisation of maritime trade and strengthening sustainable global connectivity. The study is funded by the European Union delegation in Panama and Costa Rica and will assess the technical, financial and policy requirements needed to make the Panama-Algec
Cavotec secures EUR 2 million MoorMaster order Cavotec has signed a new order worth approximately EUR 2 million for its MoorMaster NxG automated vacuum mooring systems with Danish ferry operator Molslinjen A/S, further strengthening its position in sustainable maritime technologies. The systems will be installed at the ports of Odden and Aarhus, where they will support the operation of high-capacity, battery-powered catamarans serving one of
GXO names Patrick Byrne as Non-Executive Chairman GXO Logistics has announced that Brad Jacobs will step down as Non-Executive Chairman of the Board effective December 31, 2025. Patrick Byrne will succeed him in the role. The transition follows a period of significant change at GXO. The company has appointed a new CEO, strengthened its senior leadership team, added seven independent board members, and secured regulatory approval for its acquisit
Kuehne+Nagel and SWISS boost sustainable aviation partnership Kuehne+Nagel and Swiss International Air Lines have strengthened their partnership to accelerate more sustainable aviation. The companies signed a Memorandum of Understanding focused on sustainability projects and the adoption of innovative technologies. A key pillar of the agreement is support for sustainable aviation fuel produced by Synhelion. The Swiss cleantech company produces synthetic fue
Update on Incident onboard WAN HAI 503 Vessel WAN HAI Lines has issued a further update on recovery operations aboard the container vessel WAN HAI 503, where cargo discharge and cleanup activities are continuing under the close supervision of specialist response teams. Distressed cargo and debris are currently being discharged from Cargo Holds 3 and 5, while cleaning operations in Cargo Hold 1 are nearing completion, with only minor cargo re
CEVA Logistics to acquire project logistics specialist Fagioli Group CEVA Logistics has signed an agreement to acquire 100% of Fagioli Holding S.p.A and its affiliates. The deal would add one of the world's leading project logistics and heavy-lift specialists to CEVA's portfolio. The transaction remains subject to regulatory approvals. The acquisition would significantly expand CEVA's project logistics capabilities. It would allow the company to offer end-to-end s
AD Ports, Kuwait Ports Authority sign MoU AD Ports Group and the Kuwait Ports Authority (KPA) have signed a Memorandum of Understanding (MoU) to explore the development and operation of container operations at Shuaiba Port. The agreement was signed in Kuwait City and witnessed by ministers from both countries. Under the MoU, AD Ports Group will conduct technical, environmental, and financial feasibility studies and identify infrastructur
Ryder announces CEO succession Ryder System has announced a leadership transition as CEO Robert E. Sanchez prepares to retire on March 31, 2026. Sanchez, who has led Ryder since January 2013 and served as chairman since May 2013, will become executive chair of the board to support a smooth handover. John J. Diez, Ryder's President and Chief Operating Officer, will assume the role of CEO on March 31, 2026. He was also elected t
MSC Cruises and MEYER WERFT sign landmark agreement MSC Cruises has signed a major new shipbuilding agreement with MEYER WERFT in Papenburg for the construction of four next-generation cruise vessels, with two additional options, marking the launch of the company's new "New Frontier" platform. The order secures MEYER WERFT's production capacity well into the next decade. The agreement was announced in Berlin in the presence of senior German govern
Kalmar unveils Gen 2 battery for electric straddle carriers Kalmar has unveiled its next-generation lithium-ion battery solution for the Kalmar electric straddle carrier. The new Gen 2 battery offers higher energy capacity, improved thermal stability, and extended operating times, and is now available worldwide. The Gen 2 battery is designed to meet growing customer demand for safer, more efficient, and sustainable cargo-handling solutions. Its advanced c
Scorpio Tankers pivots from older LR2s to newbuilds Scorpio Tankers has moved to refresh its LR2 fleet, agreeing to sell two 2016-built vessels while lining up two scrubber-fitted newbuildings in China. The Monaco-headquartered owner and operator said it has struck a deal to sell the LR2 product tankers STI Goal and STI Gallantry for $52.3m apiece. Both ships should change hands in the ...
Subsea7 scores Chevron contract off Australia Subsea7 has landed a sizeable new contract from Chevron Australia to carry out subsea installation work on the Gorgon stage 3 (GS3) project, offshore Western Australia. The Oslo-listed contractor said the award covers a full subsea scope at around 1,350 m water depth, including project management, engineering, procurement, fabrication, transportation, installation and pre-commissioning of subsea
Samudera and Imoto set up Japan coastal shipping venture Singapore-listed Indonesian owner Samudera Shipping Line is stepping deeper into the Japanese market through a new joint venture with Imoto Corporation, part of the Imoto Lines Group. Through its wholly owned unit in Japan, Samudera has signed an agreement with Imoto to set up Blue Ocean Shipping, a company focused on coastal and regional shipping ...
Containership orders break new record in 2025 COSCO and Hapag-Lloyd's new orders last week have lifted the total number of containerships ordered in 2025 to a record 633 ships for 5.08m teu, according to data from Linerlytica, surpassing the previous record of 4.74m in 2021 and 4.77m in 2024. China's shipyards have accounted for a remarkable 72% of the orders in the ...
MPCC doubles down on feeders with six-ship order MPC Container Ships (MPCC) has taken another step in reshaping its fleet, signing contracts in China for six new boxships backed by long-term employment. The Oslo-listed tonnage provider has ordered six 3,700 teu ships at Taizhou Sanfu Ship Engineering, with deliveries scheduled from the second half of 2028. Each vessel will be fixed on a ...
EU and Ukraine tighten the net on Russia's shadow fleet The European Union and Ukraine have escalated their campaign against Russia's shadow fleet, rolling out fresh sanctions targeting both vessels and the facilitators accused of keeping Moscow's oil exports moving despite international restrictions. On Monday, the EU sanctioned five businessmen linked to Russian state-owned oil majors Lukoil and Rosneft, alongside four shipping companies accused of
Odfjell develops green corridor between Brazil and Europe Odfjell has launched the first operational green corridor between Brazil and Europe with its chemical tankers using certified sustainable biofuel. The corridor will operate 12-15 voyages per year, each lasting around 40 days. Odfjell has established an offtake of B24 sustainable biofuel blend in Rio Grande to secure long-term fuel availability. The Ports of Antwerp-Bruges, ...
Cold stress is the risk nobody models The industry pretends cold weather is manageable, yet seafarers know it is not easy, writes Pradeep Chawla from MarinePALS. Cold weather remains one of shipping's most overlooked operational risks. We talk about resilience and seamanship, yet crews are routinely expected to perform demanding tasks in conditions that would halt most land-based industries. The gap between ...
Energy majors exit embattled green chartering initiative Shell is the latest high-profile exit from the Sea Cargo Charter - a global framework for aligning chartering activities with...
Dry bulk: Reasons to be cheerful, for now After a better-than-expected 2025, modest demand growth - coupled with a manageable orderbook - is a cause for optimism next...
Poseidon Principles opens its doors to private equity and hedge funds The Poseidon Principles is inviting private equity and hedge funds as associate members, to win over holdout banks and include...
CMB.Tech signs ammonia offtake agreement CMB.Tech has also acquired a minority stake in Andefu, one of largest players in China's ammonia supply chain
Stricken sanctioned tanker arrives in Bulgarian anchorage, but what next? With Kairos now at port in Bulgaria and in need of repair, attention now turns to what happens to a...
Swedish Club outlook upgraded by Standard & Poor's Ratings agency acknowledges strengthened capital base and improved underwriting performance
Ship finance: Banner year for revolvers, Oslo bonds and take-private deals There's no shortage of money available for shipowners who want to spend it. The question for 2026 is: Will the...
CMSI Qingdao secures ArcelorMittal order for four 211,000 dwt bulkers The contract is estimated at $296m, with deliveries expected by 2028
MOL enhances Asia strategy with new logistics, biofuel and VC fund deals Asia remains a priority for the Japanese shipowner, which is targeting a larger regional footprint along with a preprofit of...
MPC Container Ships orders newbuilds backed by Hapag-Lloyd charters MPCC's latest order represents its fourth newbuilding contract signed by the company in 2025
The Daily View: Tightening the rope
Dry cargo vessel recycling to stay muted as NYK offloads elderly post-panamax bulker In the broader recycling market, vessel supply remains thin amid strong freight rates, while cash buyer GMS reports falling demolition...
MSC Cruises makes historic move with first newbuilding order at Meyer Werft New order at Papenburg yard secures thousands of jobs in Germany, particularly in Lower Saxony and Papenburg
Daily Briefing Russia's smuggled grain finds new market in Saudi Arabia | EU tightens sanctions net on shadow fleet facilitators | Shipping...
Wan Hai inks approximately $500 million deal for six LNG-powered ships The vessels take the carrier's total order book to 36 ships to be delivered between 2026 and 2030, increasing its owned fleet to 150 ships totaling 927,250 TEUs.
House reauthorizes FMC and adds to its oversight powers Along with funding through 2029, the reauthorization codified new responsibilities for the agency under OSRA-22.
Space logistics newbuilding to service booming project cargo sector The handling and transportation of space components is opening up new opportunities for project cargo forwarders.
Wan Hai inks roughly $500 million deal for six LNG-powered ships The vessels take the carrier's total order book to 36 ships to be delivered between 2026 and 2030, increasing its owned fleet to 150 ships totaling 927,250 TEUs.
Rising US air freight imports from Taiwan, Vietnam offset drop in China trade Data from consultants Trade and Transport Group shows the impact of regulatory changes as de minimis traffic fell significantly while regular air cargo increased.
Oil market prices in 'real progress' in Ukraine-Russia peace talks Spot tanker futures also dip after Trump says ceasefire is closer than ever
VLCC seized by US in American court cross-hairs for months as another arrest order emerges Claimants have only succeeded in seizing cargo canisters in a law firm office in Miami
Management changes at Crowley put women in majority of 'C-suite' roles Jen Leonard becomes chief people officer as Megan Davidson switches to COO chair
StealthGas vessel is towed from Russia to Latvia months after likely Ukraine sabotage Heavily damaged LPG carrier took months to obtain Western licences to pay Russian service providers
ST LNG files export permit application in US for offshore project Static structures would connect up to four FSUs that will
Chevron lines up 10 tanker cargoes from Venezuela as prices fall US oil major continues to move out crude under US licence
International Seaways extends vintage product tanker purge to $114m with double sale New York company has spent much of 2025 selling off its older MR tankers
Scorpio swaps secondhand product tanker pair for newbuildings in fresh fleet renewal move US-listed giant raises $105m from big product carrier sales while committing $142m to newbuildings
Andrianopoulos family moves into VLCCs with newbuilding play Greece's Cape Shipping picks Chinese yard for largest crude carrier yet
Samudera and Imoto team up on new shipowning venture in Japan Blue Ocean Shipping will start by buying two boxships
Greek battle for second FSRU reignites with US import interest At least four providers pushing forward with revitalised projects
MSC closes 2025 with $58m boxship spending spree Three secondhand container vessels join MSC's fleet as liner giant maintains buying momentum
Price, fit and culture: Decoding SSY takeover of Grieg Shipbrokers Market players mull pros and cons of latest brokerage buyout
Turkish owner bows out of capesize market as it sells bulker Bulker player retains a sizeable presence in the sector with a dozen vessels, from handysizes to kamsarmaxes
Zodiac Maritime catches rising tide to cash in brace of bulkers Eyal Ofer company benefits from Far East buying interest to sell a newcastlemax and a capesize
Zodiac Maritime sells bulker brace in strong market Eyal Ofer company benefits from Far East buying interest to sell a newcastlemax and a capesize
US banking giant State Street buys big stake in Australian shipbuilder Austal Bank's move comes hot on the heels of South Korea's Hanwha winning approval to increase its Austal holding to 19%
Torm tanker clear-out rolls on with disposal of older product carrier Brokers link Danish owner to deal for 2008-built ship at $29m
Gianluigi Aponte's MSC Cruises inks landmark $12bn order at German shipyard Meyer Werft announces major deal after last year's rescue by the government
'Downhill from here': Wallenius Wilhelmsen shares fall after Pareto downgrade Analyst says Monday's guidance was in line with expectations
Union Maritime opts for wind tech solution on new tanker brace Anemoi to install rotor sails on two chemical tankers on order in China
Cars damaged after ferry battered by giant waves off Gibraltar The Balearia vessel was crossing from Algeciras to Ceuta when Storm Emilia hit
Zodiac Maritime shakes out large bulkers in fleet renewal drive Eyal Ofer company benefits from Far East buying interest to sell a newcastlemax and a capesize
Japanese engine maker developing methanol dual-fuelled propulsion Japan Engine Corp is aiming to have hydrogen, ammonia and methanol engines
Western Bulk returns to shipowning alongside three Norwegian investors Owner targets expansion of ship co-investments
'Santa rally' on the cards for VLCC stocks amid soaring spot rates, says Fearnleys Analyst Fredrik Dybwad highlights DHT, Frontline and Okeanis
Cyber attack halts tanker operations in Venezuela as VLCCs avoid hot spot Oil company blames the US for incident on Monday
CMB.Tech moves to secure green ammonia for newbuildings as Saverys claims big milestone Offtake and investment agreements signed with CEEC and Jiangsu Andefu Energy
MPC Container Ships orders six new vessels against long-term contracts German owner starts joint venture with Norwegian Uthalden
MISC, China Offshore win ABS backing for ammonia FPSO concept Approval in principle marks milestone for offshore blue ammonia production
Global Chartering signs up for four newcastlemaxes at Chinese shipbuilder CMSI CMSI Qingdao is scheduled to deliver the four 211,000-dwt bulkers between 2028 and 2029
Disabled VLCC being towed to Hong Kong after South China Sea scare Near-miss at Xisha Islands raised spill fears from fully laden tanker
US banking giant State Street buys big stake Australian shipbuilder Austal Bank's move comes hot on the heels of South Korea's Hanwha getting approval to increase its Austal stake to 19%
From 25 to 50 ships in a year - and Astro Offshore CEO says expansion is far from over Capital strength and long-standing client demand underpin expansion, says Mark Humphreys
MISC puts trio of laid-up LNG carriers on sales block But another LNG demolition candidate is withdrawn amid fresh opportunity
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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