Keynote update: O'Connor to speak at Top Women in Maritime event Marine Log has announced a change to the keynote address for Marine Log's Top Women in Maritime Celebration, taking place December 2 from 5:30 to 8:30 p.m. at The National WWII Museum
Interior moves ahead on five year National Offshore Leasing Program In a move that drew immediate industry applause, the Department of the Interior has announced a Secretary's Order titled "Unleashing American Offshore Energy," directing the Bureau of Ocean Energy Management to take
Grimaldi sells 5% stake in TDT to Livorno Port Company The Grimaldi Group has sold a 5% share in Terminal Darsena Toscana (TDT) to the Livorno Port Company (Compagnia Portuale di Livorno Società Cooperativa). The transaction, completed in July, returns the cooperative to a terminal in which it previously held a stake, reported by Dynaliners. The Livorno Port Company had been linked to a possible takeover of TDT in 2023 - a scenario it publicly denied
Danaos orders six 1,800 TEU newbuilds Danaos has confirmed an order for six 1,800 TEU containerships, with deliveries scheduled between 2027 and 2029. While the company did not disclose the shipyard or contract pricing, it announced that four of the vessels have already secured 10-year charters, generating an estimated USD 236 million in revenue backlog. The new series expands Danaos' pipeline of modern feeder-class vessels and reinf
Ghana inaugurates completed expansion phases at Tema Port Ghana's President has officially inaugurated Phases I and II of the Tema Port Expansion Project at Meridian Port Services' Terminal 3, marking the full completion of one of the country's most significant maritime infrastructure developments. With construction, equipment installation and all operational systems now delivered, the expanded terminal features four berths, a 1,400-metre quay, and 127
LA Harbor Commission approves zero-emission agreement Agreement Accelerates Clean Energy Transition at Both Ports The Los Angeles Board of Harbor Commissioners unanimously approved a new cooperative agreement with the South Coast Air Quality Management District (South Coast AQMD), the Port of Los Angeles, and the Port of Long Beach. The agreement speeds up the deployment of zero-emission technology and infrastructure across cargo-handling equipment,
ZIM returns to Ukraine ZIM has officially resumed operations in Ukraine through a renewed LBX service, restoring a direct and exclusive connection between Ukraine and Israel while providing fast access to ZIM's global network. The first call will be made by ZIM Australia (AU6) 221 at Pivdennyi on 2 December 2025. The service is fully operated by ZIM and runs through the strategically located DP World TIS Pivdennyi Term
AD Ports Group signs major KEZAD land leases with Indian firms AD Ports Group, through its subsidiary Khalifa Economic Zones Abu Dhabi - KEZAD Group, has signed two major land lease agreements with India's Jindal SAW Group and Haldiram Group, bringing over AED 1.1 billion in new industrial investments to Abu Dhabi. The agreements will see both companies develop more than 514,000 sqm of manufacturing facilities in KEZAD Al Ma'mourah and ICAD KEZAD Musaffah
Oceanbulk orders two 3,100 TEU containerships Dry bulk owner Oceanbulk has placed an order for two 3,100 TEU container vessels at Zhoushan Changhong Shipyard, with deliveries scheduled from late 2027 into early 2028, according to DynaLiners. The move marks another example of a Greek shipowner entering - or re-entering - the containership sector. Other Greek companies making similar steps this year include Athenian Sea Carriers, Alberta Ship
Evergreen to shift Port Kelang calls to Singapore on CEM and CES services Evergreen will modify two of its Ocean Alliance services,the China Europe Mediterranean (CEM) and China Europe Shuttle (CES) loops, by replacing their eastbound Port Kelang calls with Singapore from mid-December, according to DynaLiners . The Ocean Alliance also includes CMA CGM and Cosco Shipping/OOCL. Under the updated rotations: CEM : Qingdao - Shanghai - Ningbo - Taipei - Shenzhen (Yantian) -
Ningbo reinstated on Gemini WC5/TP7 service Hapag-Lloyd and Maersk's Gemini Cooperation has restored Ningbo to its WC5/TP7 service following the recent easing of port-call charge tensions between the United States and China. The port had been temporarily removed from the rotation about five to six weeks ago. With Ningbo now back in the network, the full service rotation returns to: Busan - Ningbo - Los Angeles - Yokohama - Busan . The carr
Seoul's shipbuilding policy vows for market access while keeping Beijing in view South Korea's maritime industry is executing a high-stakes strategic pivot that reveals the intricate calculations Seoul must make in navigating between Washington's security umbrella and Beijing's economic gravitational pull
NWSA YTD TEU volumes down 2.9% Total container volume at the NWSA gateway reached 233,927 TEUs in October 2025 , down 14.4% from October 2024. Tariffs continued to suppress demand, and comparisons remained negative due to unusually high volumes from Canada during the 2024 labor disruptions. Full international imports fell 25.2% , while full exports rose 5.4% . Year-to-date volumes reached 2,665,144 TEUs , down 2.9% . Full impo
Maersk introduces winter blanking plan on TA1 service Maersk has announced a planned winter blanking programme on its TA1 service to mitigate the impact of severe North Atlantic weather, which historically affects schedule reliability during the colder months. Under the plan, the TA1 service will "slide" every seventh week from the Christmas and New Year period through to the end of April, beginning with voyage 607W in Antwerp . Maersk said the meas
Napier Port reports strong 2025 earnings and dividend increase Napier Port has announced robust financial results for the year ending 30 September 2025. The performance was driven by higher container volumes, yield management, and strict cost control. Key Highlights Revenue rose 11.6% to NZD 157.7 million. Result from operating activities increased 23.5% to NZD 64.2 million. Underlying net profit after tax grew 36.5% to NZD 28.3 million. Reported net profit
Maersk selects Charlotte as its new North American headquarters A.P. Moller-Maersk has announced that Charlotte, North Carolina will become its official North American headquarters, a decision that reinforces the company's long-standing presence in the city and aligns with its plans for continued growth in the region. Maersk said it will add more than 500 new jobs over the coming years, bringing its total Charlotte workforce to over 1,300 employees . The comp
Global port investment wave signals fundamental shift in maritime geopolitics A cascade of multibillion-dollar port expansions across four continents reveals that the world's largest terminal operators are no longer optimizing for efficiency they're building for strategic resilience in an era of permanent supply chain fragmentation. From India's western coast to Peru's Pacific shores, over US$10 billion in new port infrastructure investments announced in recent months demo
MSC announces new December freight rates for India-Pakistan to Europe MSC has released updated freight rates for cargo moving from India and Pakistan to Europe, effective 1 December 2025 and valid until further notice but not beyond 31 December 2025. The new prices apply to standard dry cargo and are expressed in U.S. dollars unless stated otherwise. Port of loading Port of discharge Commodity Rate 20 DV 40 DV & HC NHAVA SHEVA ANTWERP Freight All 1200 1200 Kinds (F
Amer Shipping contracts Concordia Damen for CDS 110 Concordia Damen has signed a newbuild contract with Amer Shipping for a CDS 110 Dry Cargo vessel. The agreement was finalized during the Europort exhibition in Rotterdam, where Concordia Damen gathered with other Damen divisions to meet clients and partners. This order extends the successful partnership between the two companies, following the previous deliveries of the AM Voyager, AM Explorer, a
Wärtsilä expands data center power solutions in US Technology group Wärtsilä will deliver 27 engines to supply continuous primary power for a new US data center under construction. The onsite power facility will feature 27 Wärtsilä 50SG flexible engines, generating 507 MW. The engines run on natural gas and can be converted to sustainable fuels in the future. Delivery is scheduled for 2027. The order was recorded in Wärtsilä's Q4 2025 intake. Dat
CMA CGM updates FAK rates from Asia CMA CGM has announced new Freight All Kinds (FAK) rates for shipments from Asia to the Mediterranean and North Africa, effective 1-14 December 2025 (loading date). Under the updated structure, rates are set as follows (USD): West Mediterranean: USD 2,850 per 20', USD 4,000 per 40'/40'HC Adriatic: USD 3,000 per 20', USD 4,200 per 40'/40'HC East Mediterranean: USD 2,500 per 20', USD 4,000 per 40'/4
Godby Shipping completes acquisition of RoRo vessel Transporter Godby Shipping announced that it has finalized the purchase of the RoRo vessel Transporter from Eckerö Shipping, Mariehamn. The deal was completed on 19 November, making the vessel officially part of the Godby fleet. As the sister ship to Aurora , Transporter is considered a strong fit for the company's operations. The vessel is currently on time charter to DFDS, operating on its liner route link
Zeebrugge welcomes MSC San Francisco The port of Zeebrugge recorded a new draft milestone with the container vessel MSC San Francisco moored at CSP Zeebrugge with a draft of 16.80 meters, the deepest ever registered in the port. This surpasses previous records set earlier this year by MSC Olivia and MSC Mina. The MSC San Francisco operates on the LION service, a direct connection from the Far East with calls in Zeebrugge and subsequ
Capital Clean Energy Carriers nears full exit from containership sector Capital Clean Energy Carriers is edging closer to a full departure from the container shipping sector after agreeing to sell one of its two remaining boxships. The Nasdaq-listed outfit, backed by Greek shipowner Evangelos Marinakis, has sealed a deal to divest the 2023-built 13,312 teu Buenaventura Express. The ship is expected to be handed over ...
AD Ports takes stake in Egyptian box terminal operator AD Ports Group has moved to deepen its presence in Egypt's container sector with the acquisition of Saudi Egyptian Investment Company's (SEIC) entire 19.3% stake in Alexandria Container & Cargo Handling Company (ALCN) in a deal valued at around $278m. The transaction marks another step in AD Ports' wider expansion strategy in the eastern Mediterranean ...
US targets sprawling Iranian shadow fleet network in latest sanctions drive The United States has unveiled one of its most extensive crackdowns to date on the Iranian oil-ecosystem, blacklisting a web of front companies, intermediaries and tankers that Washington says bankroll Tehran's armed forces through clandestine crude sales. The action, announced overnight by the US Department of the Treasury's Office of Foreign Assets Control (OFAC), hits ...
Aker BP books Floatel International unit for 2029 project Oslo-based offshore accommodation vessel specialist Floatel International has won a contract for accommodation and construction support services to the Alvheim FPSO from Aker BP. During the contract, the company will use the 2015-built Floatel Endurance. The medium-term contract is due to commence in the late first and early second quarter of 2029. The unit is ...
TGS secures seismic work in India's Andaman basin Oslo-listed seismic data specialist TGS has won a new multi-client 2D-cubed project covering the Andaman region offshore India. The project is planned to cover 640,000 sq km, providing insights into the siliciclastic shallow and deepwater sediment basins of this region. The project area covers four of the OALP-X Bid Round blocks in the Andaman-Nicobar basin. ...
Trump reveals massive expansion of offshore oil drilling in new five-year plan The US Department of the Interior (DOI) has unveiled a sweeping new offshore oil and gas leasing proposal aimed at replacing the restrictive Biden administration's 2024-2029 program with a vastly expanded 11th National Outer Continental Shelf Oil and Gas Leasing Program by October 2026. Under the new five-year plan, the Bureau of Ocean Energy Management ...
Hong Kong flag slumps 12.6% as Singapore surges ahead amid trade turmoil The latest World Fleet Monitor published by Clarksons Research confirms a switch in the leaderboard of shipping registers, with Donald Trump's trade war with China seeing Singapore leapfrog Hong Kong into fourth spot. After a very tough year, having been caught in the crosshairs of the trade spat between Beijing and Washington, which saw top ...
COSCO sells vintage VLCC for steep discount COSCO has sold the Japanese-built, scrubber-fitted VLCC Cosgrand Lake (299,000 dwt, built 2006) at a steep discount, brokers say. Market sources report the 19-year-old tanker has been committed to undisclosed interests at $35m, well below the $40.67m valuation assigned by pricing platform VesselsValue. Broker sources tie GMS to the deal. The company's last VLCC purchase ...
Closing the gap between data and decision, machine and mariner Splash asks shipping leaders whether smart technology risks outsmarting its users in the latest instalment from our Seafarers magazine. Shipping's digital transformation is no longer theoretical. AI-powered engines fine-tune routes, sensors predict maintenance failures, and dashboards light up bridges with a constant flow of data. Yet behind the gleam of technology, an old truth endures ...
Splash Wrap: Bridges, bombs, bottlenecks The Black Sea entered one of its most volatile phases as Ukraine and Russia escalated long-range strikes on each other's critical energy and port infrastructure, leaving commercial shipping exposed to huge levels of risk. Latest shipping traffic data points toward a rise in Suez Canal transits, with authorities in Egypt hoping the recent truce announced ...
Fresh US sanctions hit Greek shipowner and gas carriers linked to Iranian LPG 'magnate' The US announced fresh sanctions on Thursday, designating more vessels linked to Iranian LPG network, a Greek shipowner, and dozens...
Elaborate tanker identity theft scam used to hide Houthi trade The identity of a tanker stranded in a Ukrainian port has been hijacked to conceal callings at Houthi-controlled Ras Isa...
Why be a seafarer in 2025? The dream of a career at sea is still real, and shipping must do a better job of promoting the...
No signs of weakness in 'old school' tanker rally, says Frontline Sanctions are having an increasingly positive effect on mainstream tanker rates. 'The incremental barrel to the market is now compliant...
Does a return to Suez even matter? So much tonnage is going to hit the water in the next couple of years, dragging out a Red Sea...
Looming officer shortage opens door to new crewing nations O'Neil also highlighted a recent shift in Asia, especially China, where shipowners are increasingly open to long-term partnerships with foreign...
STIP provides clarity for multi-fuel approach, says LNG lobby The Sustainable Transport Investment Plan promises to invest billions to increase the uptake of sustainable shipping fuels by the middle...
Hong Kong launches war risks pool to curb over-reliance on Western insurance New Hong Kong war risks pool marks a bid to pull greater pricing power, underwriting expertise and geopolitical risk management...
Thessaloniki launches project to double size of container terminal Northern Greek port's largest-ever expansion kicks off amid US scrutiny of Chinese role in Piraeus, the country's largest gateway
TS Lines orders up to four boxships at Mawei The carrier has orders two 2,900 teu containerships, after exiting the transpacific US west coast route from November
The Daily View: Don't believe the hype?
Daily Briefing EU seeks permission to board shadow fleet ships as sanctions pressure builds | US sanctions shine spotlight on Iranian LPG...
UP enhances intermodal between LA and Cincinnati UP's changes will make things easier in Southern California but might make interchanges in Chicago more difficult for shippers.
'Breakeven' moment for project44 shows path for VC-backed software The visibility software vendor earlier this year expanded into providing TMS, while also trimming headcount and cutting loose unprofitable customers.
Trans-Atlantic ocean capacity hits 28-month high: Xeneta The injection of vessels appears to have peaked, but the capacity is overtaking market demand with little upward movement in rate levels on the westbound trade lane.
US ports seek to expand FTZs for breakbulk cargo Breakbulk and project cargo shippers tapping FTZ and bonded warehouse storage to "tariff engineer."
Europe ports lack buffer space to handle demand surges Not enough terminal investment in Europe has left ports unable to handle the rising demand, and there is no quick fix, according to analysts and carriers.
Greek shipping firm blacklisted by US 'surprised and disappointed' Piraeus-based manager denies having violated US rules and says is working to be removed from Ofac sanctions list
Crude tanker fleet's 'middle child' finds its sweet spot, broker says Suezmaxes have not yet maxed out earnings, according to US broker MJLF
Divergence of transpacific and Asia-Europe container markets sets trend for 2026 Container capacity surge pressures US rates while Europe demand holds strong
Diana ultramax finds new buyer just four days after previous sale failed Transaction concluded a tad below previous, eye-catching price for nine-year-old bulker
Chief executive backs big tanker wager if Frontline 'divests' $1bn clean carrier fleet Analysts press Lars Barstad on cash redeployment following rumours of Thenamaris mega-deal
Tanker demand set for a boost from India's avoidance of Russian crude Sourcing of alternative oil is expected to end usage of dark fleet tankers, moving imports back to more legitimate tonnage
Wavelength: Singapore who? Hong Kong steps up the fight to stay competitive Plus: The tiny root cause of the Baltimore bridge disaster, and we review the year in shipbuilding
Product tanker rates on the rise as refinery margins hit highs Crude tanker rally is trickling down into the product carrier market
Greece's Pyxis Tankers targets at least three new ships with $100m-plus war chest Tanker and bulker company says there will be compelling growth opportunities in better markets
China 'rehearses' Taiwan invasion with cargo ships and ferries Reuters probe shows merchant vessels co-opted into plotting potential military action
From Combat Zones to Ship Decks: The Making of Wallem's CEO Leadership style shaped by military experience is built on balance and respect
'Too much porridge, too few monks': Muted bidding in China as bulker auctions struggle for traction Single-bid sales and cancellations mark a sluggish November auction scene
US-backed plan calls for Russian 'reintegration' into global economy Washington is pushing Ukraine to accept 28-point plan by next week
Clarksons hires broker to boost renewables desk New desk will help clients with decarbonisation
Greece's Pyxis Tankers targets at least three new ships with $55m war chest Tanker and bulker company says there will be compelling growth opportunities in better markets
Seaspan mulls billion-dollar order for up to six VLEC newbuildings Charterer is understood to be a Chinese state oil company
Toxic leak on new tanker kills two seafarers Turkish authorities alerted to incident on the Swanlake off Istanbul
Golden Energy Offshore Services posts loss as CEO forecasts 'challenging winter season' Norwegian vessel owner is working on improving liquidity
Top Ships falls short of rivals in tying up product tanker for three years Rate for 2019-built vessel below buoyant term levels seen this month
Frontline stock falls after 'soft' third quarter Analysts see strong fourth quarter on back of bookings
LNG carriers, not container ships, will lead the next scrapping wave, recycling experts say Steam-powered LNG carriers may have lost their lustre, but other ship types are still proving economically viable
Small but smart: Arkona Allied Container's new feeder ships win fans across Europe But will the latest feeder concepts help avoid overcapacity in the years ahead?
Military men spotted on shadow fleet tankers, Danish pilots say Danwatch investigation reveals concerns about influence wielded by men in naval camouflage gear
NorthStandard to stick with twin leadership, for now Managing director Paul Jennings says returning capital to members in the future is not off the agenda
Frontline cuts breakeven costs by paying off debt on nine tankers John Fredriksen's company cuts $1,300 per day from operating expenses through financing restructure
Golden Energy Offshore Services posts loss as CEO sees 'challenging winter season' Owner is working on improving liquidity
Frontline reveals massive jump in VLCC spot booking levels as it misses street target John Fredriksen's tanker giant bullish on market fundamentals as it captures rate boom
CMT eyes bulker asset play as it prepares to take delivery of six newbuildings Taipei-based company plans to expand its fleet to 20 capesize and newcastlemax bulkers
Sour grapes spat leads to arrest of sanctioned container ship Fruit exporter claims shipment of grapes deemed worthless after taking three months to get from India to Russia
Greek shipowner and UAE charterer blacklisted as Trump's Iran sanctions reach 170 ships Six tankers and four LPG carriers added to blacklist
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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