New Ambrey threat circular says Houthi attack risk continues In a new threat circular, maritime risk consultancy Ambrey notes that, in response to the Israel-Hamas ceasefire, the Houthis have announced a cessation of hostilities toward most shipping However, notes Ambrey, Israel-owned
Marcura enhances digital solutions with VesselMan acquisition Marcura, a digital maritime solutions firm, has announced the strategic acquisition of VesselMan, a provider of technology solutions for dry-docking and technical project management tailored to shipowners and managers. This acquisition marks a major milestone for Marcura, enabling the company to expand its portfolio of data-driven maritime solutions with enhanced tools designed to streamline oper
DACSA and Peel Ports continue their collaboration DACSA, a global supplier of food ingredients, has been operating at the Port of Liverpool for nearly 20 years. Since partnering with Peel Ports in October 2005, DACSA has utilized the UK port's facilities to store and process key ingredients such as rice, corn, and maize. This collaboration has been crucial to DACSA's goal of delivering high-quality food ingredients to major brands like Kellogg's
Pilbara Ports throughput surpasses 66 million tonnes in December Pilbara Ports recorded a total monthly throughput of 66.2 million tonnes (Mt) in December. The Port of Port Hedland achieved a throughput of 48.3 Mt, with 47.6 Mt comprising iron ore exports. This marked a 4% decrease in total throughput compared to December 2023. Imports through the Port of Port Hedland totalled 197,000 tonnes, representing a 10% decline from the same period last year. Meanwhile
Maersk applies new peak season surcharge from Oceania to India Danish container line Maersk will introduce a Peak Season Surcharge for shipments from Australia, New Zealand, Papua New Guinea, Solomon Islands, Fiji, American Samoa, Samoa and Tonga to India. The surcharge will take effect on 1 February, except for American Samoa shipments for which the PSS will be effective from 15 February. Origin Destination Currency ALL Containers Australia / New Zealand /
ONE launches new rail and sea solution in India Ocean Network Express (ONE) introduces a new gateway for its customers in India's Kolkata and Haldia. Export and import cargo can now be seamlessly routed through Balmer Lawrie CFS, utilizing rail services to connect with mainline vessels at Nhava Sheva Port. This enhanced connectivity ensures direct access to major global destinations, including the United States, Europe, the Mediterranean, and
Trump's Inauguration: What's the Future of the Shipping Industry? As the world braced for the United States presidential election results in late 2024, the logistics sector began preparing for the possibility of a Donald Trump presidency and its implications on global trade. Foreseeing the revival of Trump's aggressive tariff strategies, companies initiated front-loading activities to circumvent anticipated tariffs. The practice of front-loading shipments, as c
Ports of Stockholm names new Technical Manager for Kapellskär Ports of Stockholm has appointed Danjel Jansson as the new Technical Operations Manager at the Port of Kapellskär. With extensive experience in port operations and his prior role as deputy Technical Operations Manager at the same port, Jansson will lead one of Sweden's key cargo hubs. Magdalena Bosson, CEO of Ports of Stockholm, stated: "We are delighted that Danjel Jansson has accepted the role
How to Choose a Moving Company Moving is stressful enough whether you're just moving down the road or undertaking a lengthy out-of-state move. Choosing a moving company can add to this stress, especially if you've never had to work with a moving company before and you need someone reliable to help you move all of your belong
Yangpu eyes container links to Europe and North America Authorities of China's Hainan island, home to Yangpu port, have said that they are hoping to start long-haul container shipping links to Europe and North America this year. Container volumes went up by 9% year-on-year in 2024, to 2 million TEUs, and the state-owned COSCO Shipping Lines would be mapping the routes.
Buying a Used Car at an Online Auction: How to Make the Right Choice The auto market always offers opportunities for profitable deals. One way to buy a used car is to participate in online auctions. Such platforms offer a wide selection, but it is crucial to understand how to avoid traps. If you want to avoid unpleasant surprises in the future, then every detail is essential. You can buy a good vehicle at an affordable price. Buyers prefer to pay attention to salv
The Role of Safety Training in Preventing Accidents in Cargo Operations Cargo operations are the core of global trade, so goods are moved worldwide effectively. However, there are also grave risks involved. Cargo handling and warehouse incidents occur more frequently than in many other industries. The consequences include injuries, financial losses, and operational disruptions but the good news is that most of it is preventable. Safety training is essential for preve
Kalmar and Maputo Port Development Company strengthen partnership with major equipment order Kalmar has reached an agreement with Maputo Port Development Company (MPDC) to supply five Kalmar T2i terminal tractors, four Kalmar heavy forklift trucks, and one Kalmar medium forklift truck. This order, which also includes MyKalmar INSIGHT coverage for all units, was recorded in Kalmar's Q4 2024 order intake. The machines are expected to be delivered by the third quarter of 2025. David Pacule,
Maritime Security Risks 2025: Escalating Threats in Key Maritime Fronts (Red Sea, Black Sea, Persian Gulf) Maritime security risks are shaped by a combination of geopolitical tensions, and the current situation indicates a trend of escalating threats. This makes it essential for shipping stakeholders to strengthen their vigilance and preparedness. The recent developments are highly alarming for the global maritime trade.
Port Houston receives US$25 million grant for hydrogen fueling station construction The United States Department of Transportation (DOT) and the Federal Highway Administration (FHWA) announced that the agency awarded nearly US$25 million in grant funding to the Port of Houston Authority as part of a public-private collaboration between Port Houston and Linde Inc., an industrial gases company, with additional partners GTI Energy, Argonne National Laboratory, and Center for Housto
8 Advanced Ship Welding Methods That Cut Production Time in Half (2025) Shipbuilding industry faces major challenges in 2025, and ship welding state-of-the-art solutions are vital now. Our experience as welding manufacturers has shown how traditional methods struggle to meet modern production needs. Maritime professionals - from deckhands to marine chemists - have taught us that proper welding techniques streamline processes. Newer methods like induction heating cut
Konecranes President and CEO to leave in July President and CEO Anders Svensson has announced his decision to leave Konecranes to pursue a role with another company. Pasi Laine, Chairman of the Board of Konecranes, commented: "Anders has significantly contributed to the success of Konecranes during the past two years, and I want to warmly thank him for that already at this stage. During his tenure, the company has updated its strategy, clear
COSCO vessel delivers 60-meter furnace to Antwerp port On 15 January, the COSCO SHIPPING vessel "Zhi Yuan Kou" delivered a colossal furnace, towering 60 meters high, from Thailand to the port of Antwerp-Bruges in Belgium. This furnace is a critical component of INEOS's Project ONE, a state-of-the-art ethane cracker designed to transform ethane into ethylene-an essential building block in the chemical industry. Ethylene serves as a raw material for a
Indian Register of Shipping enhances its role in key defence projects The Indian Register of Shipping (IRS) seems to play an increasingly significant role in enhancing India's defence capabilities. By supporting key new construction projects for the Indian Navy and Indian Coast Guard, the IRS is making a substantial contribution toward achieving self-reliance in defence manufacturing, as envisioned under the Atmanirbhar Bharat initiative. Recently, several critical
WEC Lines introduces new barge service connecting Moerdijk with Duisburg Starting on 3 February, WEC Lines will launch a new barge service in partnership with A2B-online, Tailwind Shipping Lines,
Celsius seals Samsung Heavy LNG carrier order Celsius Tankers, a unit of Danish owner Celsius Shipping, has ordered an additional 180,000 cu m LNG carrier at Samsung Heavy Industries. The newbuild will deliver in 2027 and enter into a long-term charter with a Japanese major. Celsius said its LNG carrier design will minimise CO2 emissions and methane slip from operations via the ...
HMM ships out product tanker brace HMM has been linked to another rare sale in about a month, this time in the product tanker segment. The South Korean shipowner, which has been on a significant buying spree last year with nearly 20 ships snapped up on the secondhand market, has let go of two of its 2008-built MRs for about $20.5m ...
US approves 2.4GW offshore wind project before Trump inauguration The US Bureau of Ocean Energy Management (BOEM) has given the final approval needed for the SouthCoast Wind project, formerly known as Mayflower Wind, only days before the offshore wind-slaying 47th US president entered the White House. BOEM approved the wind farm's construction and operations plan which is the final approval needed from the Bureau ...
Shipping readies to navigate new Trump era Today marks the end of the Joe Biden administration in the US, one of the most profitable four-year periods for shipping. With the return of Donald Trump to the White House, the shipping industry has many questions about what the future of global trade holds, some of which could be answered swiftly with the incoming ...
MOL and Marubeni plant seed for carbon credits JV Japanese shipowner Mitsui OSK Lines (MOL) has joined forces with fellow trading house Marubeni in the carbon removal credit business. The duo has established a joint venture company called Marubeni MOL Forests to create, purchase, sell, and retire nature-based carbon removal credits. The new company will operate under the philosophy: "Open the way to a ...
George Alexandratos takes over at Hellenic Chamber of Shipping George Alexandratos has been appointed as the new president of the Hellenic Chamber of Shipping. The general manager of Apollonia Lines takes over from George Pateras, who has led the government advisory body on all things shipping since 2016. Alexandratos moves up from the position of vice president, which will now be filled by the ...
Republican states take Biden's offshore drilling ban to court Several Republican-led states have filed a lawsuit to challenge the offshore drilling ban recently imposed by outgoing US president Joe Biden. The lawsuit claims that Biden had no authority to impose the ban and that such a decision had to be made in the US Congress. It also demands a reversal of Biden's decision with ...
John Su looks to grow liner business John Su-led Erasmus Shipinvest Group has unveiled plans to grow subsidiary Erasmus Lines. The company has just taken delivery of the Ocean Echo, its first tween/MPP newbuilding from Imabari in Japan, with plans for more MPPs and containerships. "To face the fast-moving geopolitically-impacted trades model and the increasing trend of deglobalisation, Erasmus Lines will rise ...
OMS Group looking to expand cable-layer fleet Malaysian provider of subsea digital infrastructure solutions OMS Group has revealed it would be adding more cable-laying vessels to its fleet. The company announced a request for proposal (RFP) for the construction of two next-generation vessels. This comes several months after the Kuala Lumpur-based outfit, backed by US investment firm KKR, booked a series of newbuilds ...
Trump, team and trade Punit Oza from consultancy Maritime NXT gleans what lies ahead in the Trump 2.0 era. Albert Einstein famously said, "Insanity is doing the same thing over and over again expecting different results.". Donald Trump may not be liked by many around the world but he is definitely not insane. In fact, he has proved to ...
Vintage VLCC prices drop Hong Kong-registered outfit Young Honest Shipping has emerged as the taker of the first vintage VLCC sold this year. Young Honest has bought the 20-year-old, 308,800 dwt, scrubber-fitted Rolin from Viet My Petrol Transportation with brokers suggesting a price of $31m, a significant drop in price compared to similar sales sealed only weeks ago. The ...
Houthis maintain Israeli ban while allowing all other ships to pass As the first phase of the ceasefire between Israel and Hamas came into effect yesterday, the Houthis of Yemen have provided an update on their Red Sea
Panamax bulkers sold for scrap as recycling candidates on the rise Cash buyer Wirana Shipping reports four 1990s-built panamax bulk carriers have been sold for scrap amid weak demand for recycled...
Diana promotes Maria Dede to co-chief financial officer Dede has had an executive role at Diana since its 2005 debut on the New York Stock Exchange
The week in charts: Houthis still call the shots in the Red Sea | Container rates in full retreat | Australia reclaims share of record Chinese coal imports The shipping industry is waiting for a signal from the Houthis before returning to the Red Sea, container spot rates...
US climate finance alliance exodus will not affect Poseidon Principles Banks are leaving climate-targeting alliances under pressure from a US-led 'woke capitalism' backlash, but that will not spill over into...
What to look out for in 2025 in marine insurance Lloyd's List's insurance editor David Osler explains why P&I rates are increasing in 2025 and points out what fallout from...
Red Sea shipping return inches closer but freight rate plunge feared There are still no signs carriers will return en masse to the Red Sea. But once the crisis ends, they...
The week in newbuildings: Ordering activity muted Newbuilding ordering activity has been relatively quiet since the beginning of the year with 55 new ships being reported, compared...
Pilbara ports reopen after Cyclone Sean floods mines Port Hedland closed over the weekend as heavy rain flooded iron ore operations at miners Rio Tinto, BHP and Fortescue
The Daily View: Monday blues Your latest edition of Lloyd's List's Daily View - the essential briefing on the stories shaping shipping
There's life in old boxships yet, as Euroseas seeks to prove Diamantis P, sold to a liner operator for $13m-plus, was one of three vintage ships initially transferred to newly-formed vehicle...
Hede Shipping partners with LA terminal amid China-US e-commerce boom Both parties aim to establish a long-term partnership to enhance the efficiency of the logistics chain
Daily Briefing USTR investigation concludes China unfairly dominates shipbuilding and shipping | Cansi rebuts US allegations against Chinese shipbuilding and warns of...
Carriers eye Red Sea transits after Houthi rebels pledge restraint A pledge by Houthi militants to focus ship attacks on Israel-linked vessels is not enough to encourage ocean carriers to end their diversions around Africa and return to transits via the Suez Canal.
US offshore wind industry braces for federal halt A planned US executive order to halt offshore wind turbine activities along the East Coast has the sector in turmoil.
'We're taking it back': Trump uses inaugural speech to accuse Panama of treaty violations Panama's president 'comprehensively rejects' US counterpart's allegations
Trump promises at inauguration to declare 'national energy emergency' and overhaul trade In inauguration speech, president promises to 'drill, baby, drill'
Fratelli Cosulich Group bumps up bunker tanker fleet with methanol-ready vessel Italian owner takes up second option at Chinese yard
Hoegh Evi partners Germany's SEFE on green hydrogen supply from floating terminals Partners to assess locations for floating ammonia-to-hydrogen terminals along German coast
'Finger on the trigger': Houthi leader keeps militants on war footing The past 15 months were just the first round of confrontation for Yemeni rebels, warns Abdul-Malik al-Houthi
Profit to top $1bn at container player SITC as boom market boosts bottom line Positive alert issued on the back of higher rates and expanded Asian network
Red Sea return off the table for now, say Norwegian car carrier giants Wallenius Wilhelmsen and Hoegh Autoliners unmoved by Houthi promises
Trafigura jolts VLCC time-charter market out of slumber with Greek owners to the fore Singaporean trader active as crude tanker period hire volume picks up
War risk rates down after Houthi rebels call ceasefire in Red Sea Some underwriters hold firm amid scepticism that attacks on Red Sea shipping have come to an end
UK court tosses out $14bn claim by jailed Russian shipping tycoon Former Fesco chief told his legal claim over seized assets had no real prospect of success against 22 defendants in London
New Crowley vessel set to make history as first LNG ship to be reflagged to US under Jones Act loophole Vessel lined up for US-Puerto Rico trading after purchase by US owner
End of 'super-profits era': Container lines brace for 'chaos' as Red Sea shipments return Maersk downgraded in anticipation of falling freight rates if Israeli-Hamas ceasefire holds
Massive VLCC spot fixtures fail in big tanker market still running hot Triple-digit increases across much of the market as sanctions-fuelled rally extends
End of 'super-profits era': Container lines brace for 'chaos' as Red Sea shipments return Maersk downgraded in anticipation of falling freight rates if Israeli-Hamas ceasefire holds
Greek shipowner Sun Enterprises breaks suezmax tanker order drought with $180m swoop Last time company ordered the vessel type was in 2015
Semiramis Paliou-backed OceanPal linked to capesize bulker exit with latest sale Reported deal for vintage vessel comes with asset values on the slide
Frontline and crude tanker stocks upgraded as sanctioned tankers play 'hide and seek' Analyst Kristoffer Barth Skeie is positive on crude as he downgrades product tanker equities to 'hold'
Eyal Ofer's Zodiac Maritime lures influential former UK regulator Katy Ware joins biggest UK-headquartered group after being ousted from government job
Celsius Tankers confirms new LNG order at Samsung Heavy Industries as its ambitions expand Lone 180,000-cbm LNG carrier priced at strong $261.5m
Sustainable ceasefire? Shipping giants mull Red Sea return plan after Houthis pull back A quick return to the situation before the Israel-Hamas war broke out is unlikely
Celsius Tankers linked to newbuilding at Samsung Heavy Industries as LNG shipowning ambitions expand Lone 180,000-cbm LNG carrier priced at strong $261.5m
Diana Shipping appoints new CFO to work alongside Ioannis Zafirakis Promotion lifts Maria Dede to the C-suite after 20 years at the shipowner
MOL and Marubeni set up joint venture to trade carbon removal credits The new platform will help customers offset greenhouse gas emissions
Container ships to take biggest hit from Red Sea return, Clarksons warns Rerouting caused by Houthi attacks has added about 2.5% to global shipping demand, says Clarksons
Shipping should adopt competitive stance on clean fuels in pivotal year for decarbonisation Fuel industry groups say members will be part of the decarbonisation solution
Beijing vehemently rejects US findings on China's maritime and shipbuilding industries Chinese government claims US investigation has protectionist and unilateralism overtones
No sudden drop in war risk rates despite Gaza ceasefire plan Cost of insuring vessels through the Red Sea has dipped, but dangers remain
Cosco Shipping India employee denied bail in bribery case Employee accused of getting tax relief certificates for Singapore-based unit of Cosco Shipping Lines
Chinese bulker clear out sees four panamaxes head for South Asian recycling beaches Pre-Chinese New Year fleet pruning has begun, with Bangladesh the main beneficiary
Beijing vehemently rejects US findings on China's maritime, logistics and shipbuilding industries Chinese government claims US investigation has protectionist and unilateralism overtones
Bare feet and pirate costumes: Mission toasts supporters on moonlit city-state cruise Fundraiser rallies supporters to help charity continue assisting seafarers in Singapore
Ocean rates could fall as Houthis say they will end Red Sea attacks Houthi rebels said they will end attacks on Israel and on merchant shipping in the Red Sea in the wake of a ceasefire between Israel and Hamas.
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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