Shipping Minister and MSC CEO discuss potential investment opportunities
Port capacity seen growing exponentially
Ships being rerouted to the Suez Canal from the Cape
Export of handicraft, handloom products from Kashmir surge
Clarification on new FASTag rule
AD Ports Group opens its first inland dry port facility in Abu Dhabi
VOC Port sets new single day highest traffic record
Gati Shakti Vishwavidyalaya students learn about port operations at DPA
Noatum Maritime and Erkport launch JV for global RoRo & vehicle logistics
DP World's Jebel Ali handles highest cargo volumes since 2015
Muskan Container Lines recognised as NVOCC of the Year (Exim - GP)
'Vizhinjam Port can propel Kerala into a new Singapore'
IPA partners with IIT Kanpur for cybersecurity in smart ports
India's strong leadership and contributions to maritime affairs behind its election to Vice Presidency of International Organization of Aids to Marine Navigation
IWAI proposes Urban Water Transport System in 17 cities across 12 states
Port of Salalah expands for Gemini Cooperation
Rotterdam port's overall throughput sees marginal decline; container volume up
Admiral Lisa Franchetti removed as CNO Admiral Lisa Franchetti has been removed as Chief of Naval Operations. She is the first woman to serve in that role and on the Joint Chiefs of Staff. The action was among
Freire Shipyard delivers Briggs Marine maintenance support vessel Freire Shipyard in Vigo, Spain, has now delivered the 42 meter, DP2, diesel electric maintenance support vessel ordered by U.K.-based Briggs Marine under a contract awarded in December 2022. Briggs Marine has
Wiernicki: New nuclear a generational opportunity for U.S. shipbuilding New nuclear reactor technology represents a once in a generation opportunity for U.S. industrial policy, says ABS chairman and CEO Christopher J. Wiericki. Vessels propelled by advanced small modular reactors (SMR) could
Florida International Terminal proceeds with investment plan at Port Everglades Florida International Terminal (FIT) is advancing its US$25 million investment plan through 2026, following the renewal of its Port Everglades concession until 2035. In 2024, FIT made significant strides in innovation and operational efficiency to enhance its services. The investment includes cutting-edge container handling equipment from Taylor Machine Works and advanced accident prevention tech
Glencar to build new manufacturing headquarters in Birkenhead Docks redevelopment Peel Ports Group has awarded a construction contract for a new warehouse at Birkenhead Docks as part of its ongoing partnership with wood-based panel specialist Finsa UK. Construction of the 31,500 m² quayside facility at the UK's second largest port operator's new terminal Grandidges Quay at the port will begin later this year. The UK's second-largest port operator has entrusted construction fir
Spring Valley invests US$50 million in Jafza distribution hub Spring Valley, a home-grown agro-commodity supplier, is investing US$50 million in a new distribution hub at the Jebel Ali Free Zone (Jafza) to bolster regional food security. Covering around 10,000m², the facility will feature state-of-the-art processing and storage capabilities, including consumer packaging, roasting, and grinding operations. The first phase of the project is expected to be com
Kalmar and PSA Singapore renew service agreement Kalmar signed a service contract with PSA Singapore in the fourth quarter of 2024, covering maintenance and repair work on PSA's cargo-handling fleet. PSA Singapore is the world's largest container transshipment hub, handling 40.9 million TEUs in 2024. Kalmar has been one of PSA Singapore's service providers for the servicing and maintenance of both Kalmar and third-party equipment in Singapore.
Eco-Friendly Shipping Practices: Reducing the Industry's Carbon Footprint for a Sustainable Future Photo by Quang Nguyen Vinh on Pexels The shipping industry has long been a cornerstone of global trade, but it's also a major contributor to carbon emissions. As climate concerns grow, we're seeing a shift toward more sustainable practices that aim to minimize environmental impact. From innovative technologies to greener fuels, the industry is embracing change to protect our planet. Adopting eco-
Kale Logistics launches Malaysia Maritime Single Window Kale Logistics Solutions officially launched the Malaysia Maritime Single Window (MMSW) on 17 February in Kuala Lumpur, Malaysia. The implementation of Kale's MMSW has significantly streamlined vessel processing, reducing turnaround times from up to five days to just a few hours. This efficiency boost is driven by real-time data access and enhanced transparency in service level agreements (SLAs).
Freemium Model Success Stories: How Free Apps Drive Revenue The freemium model has proven to be a highly effective strategy for driving revenue in the custom android apps development. By offering basic features for free and charging for premium services, apps can attract a large user base and convert some into paying customers. H2 - Best Freemium Cases This approach not only encourages initial adoption but also fosters a broad user engagement, setting th
AD Ports opens new inland dry port to enhance UAE logistics connectivity AD Ports Group has announced the inauguration of a new custom-bound inland dry port facility, further strengthening Khalifa Port's connectivity and enhancing logistics services across the UAE. Strategically positioned between Abu Dhabi and Dubai, Al Faya Dry Port will function as an Inland Container Depot (ICD) linked to Khalifa Port via overland routes. This facility will serve as a transit term
PSA Singapore reaches 10 million TEU mark at Tuas Port PSA Singapore has reached a significant milestone, handling 10 million TEUs at Tuas Port-one of the world's largest fully automated container terminals-since operations commenced in September 2022. This achievement underscores Tuas Port's pivotal role in Singapore's supply chain and logistics sector. As a key hub in the global maritime network, Tuas Port is designed to accommodate the increasing
CSBC declines to bid for YM's vessel order amid full dock capacity Taiwanese shipbuilder CSBC Corporation will not bid for compatriot mainline operator Yang Ming Marine Transport's imminent order for up to 13 container ships of 8,000 to 15,000 TEUs
Noatum Maritime, Erkport launch Ro-Ro JV Noatum Maritime, a subsidiary of AD Ports Group, has formed a Joint Venture (JV) with Erkport, a Turkish company specializing in Roll-on/Roll-off (Ro-Ro) shipping. Under the agreement, Noatum Maritime-the largest provider of diversified maritime services in the Middle East-will hold a 60% stake in the JV, while Erkport will own the remaining 40%. Operating under the brand "United Global Ro-Ro", t
Paraphrasing Tool: Your Writing's Best Friend Writing can be entertaining, artistic, and even healing until you encounter the challenge of needing to convey the same message differently. Now, this is where the annoyance creeps in. You are seated in front of your computer, blankly gazing at the screen, trying to think of alternate ways to restate the phrase while not sounding redundant, robotic, or straight-up uncomfortable. Does this ring a
Ukraine's dry bulk shipments take 87% leap three years after Russia's invasion "Three years after Russia's invasion of Ukraine, the volume of dry bulk shipments from the two countries combined is 6% below pre-war levels. However, the past 12 months have seen the countries' dry bulk shipments develop in completely opposite directions. While Ukraine has seen an 87% y/y jump in shipments, Russia's have taken a 6% y/y fall. Overall, their combined volume has increased 3% y/y ov
How to Use Crypto Debit Cards Safely? A crypto debit card is a payment card linked to a cryptocurrency account. It allows users to spend digital assets like Bitcoin, Ethereum, and other cryptocurrencies. These cards work similarly to regular debit cards but convert crypto into fiat currency when making a purchase. This means you can use a Bitcoin debit card or other crypto cards at any store that accepts Visa or Mastercard. Many cryp
Strategic Implications of APM Terminals' Operations in Salalah, Bahrain, and Aqaba It is worth exploring APM Terminals and Maersk's strategic initiative to harness the Gulf region's expanding economic potential and establish Bahrain and Salalah as pivotal hubs in the global maritime trade network
Streamlining Supply Chains with Cross-Docking A well-structured supply chain helps businesses reduce costs, improve efficiency, and enhance customer satisfaction. Faster transportation, better inventory management, and lower handling costs all contribute to smoother operations. Implementing strategic improvements ensures businesses stay competitive. The following sections explore key strategies for optimizing supply chains. Reducing Storage
Port of Rotterdam increases investments amid strong financial performance and container growth Port of Rotterdam recorded an increase of 2.8% in its annual container volumes reaching 13.8 million TEUs in 2024. At the same time, total cargo throughput in the major European port declined slightly by 0.7% to 435.8 million tonnes. The growth in the container segment can be attributed to increased European consumption, according to the Port of Rotterdam Authority, while wage indexation and decl
Container Seal Types Explained: Choose the Right Security Solution for Shipping Container seals are vital to protect billions of dollars worth of cargo that moves across global oceans. These security devices act as primary defense against theft and tampering during transit, whether you're shipping Full Container Load (FCL) or Less than Container Load (LCL). The right shipping container seal delivers more value than just cargo security - it documents proof of protection throu
Shipping Stock Market: Weekly Update The container shipping sector continues to navigate a dynamic landscape shaped by shifting freight rates, global economic conditions, and supply chain developments. Investor sentiment remains mixed as companies balance operational efficiency with market volatility. While some firms benefit from stable long-term charters, others face pressure from fluctuating spot rates and macroeconomic uncertain
Digital innovations reshape container shipping processes The shipping industry, a vital artery of global trade, is sailing into a new era driven by technological advancements
ETG to build US$41 million sustainable polymers facility in UAE Khalifa Economic Zones Abu Dhabi (KEZAD) Group, one of the largest operators of integrated and purpose-built economic zones, has signed a 50-year land lease agreement with ETG Bio Green Polymer, a global leader in sustainable manufacturing, to develop a cutting-edge compostable polymers facility in KEZAD A (KEZAD Al Ma'mourah). This new plant will produce fully sustainable polymers, supporting ma
UK blacklists 40 shadow fleet ships The UK is imposing a new wave of sanctions against the Russian oil trade, targeting an additional 40 ships. The biggest sanctions package against Russia's shadow fleet brings the total number of oil tankers sanctioned by the UK to 133-more than any other European nation. Publishing details of the sanctions, Britain said the ships being ...
Moeve signs up for RFOcean chemical tanker newbuilds Spanish energy company Moeve has inked a contract with RFOcean for a series of 6,600 dwt chemical tankers currently under construction in China. Frederik Rye-Florentz-led RFOcean, which controls a fleet of 13 chemical tankers on fully-delivered basis, has eight next-generation newbuilds booked at Wuhu Shipyard set to enter the market in 2025 and 2026. The ...
Velos swoops on Easterly MR1 Greek owner Velos Shipping has bolstered its tankers business with a secondhand chemical carrier from Easterly Asset Management's Maritime Logistics Equity Partners. Velos Tankers has snapped up the 2010-built 36,700 dwt MR1 Easterly Sirius for around $15.5m and renamed it Velos Rubini. The US-based Easterly bought the vessel from Hong Kong-based Cido Shipping as part ...
Whitewashing the greenwashing Rob Mortimer, managing director of fuel specialist Fuelre4m, takes a challenging look at the outcomes from last week's IMO Intersessional Working Group on the Reduction of GHG Emissions from Ships My biggest takeaways from the recent convening of 107 parties, representing 97% of the world's shipping tonnage are: We're committed to cutting pollution, if we ...
Sanctions rain in on third anniversary of Russia's full-scale invasion of Ukraine The European Union has officially approved its 16th package of sanctions imposed against Russia in response to its full-scale invasion of Ukraine, while the UK came out today with its own series of measures designed to stymie the Russian war machine. The new measures, announced on the third anniversary of the all-out war, target Russia's ...
Allseas wins pipelay work on Petrobras's Buzios field Swiss-based marine construction specialist Allseas has won a contract for the design, procurement, construction, and installation of subsea infrastructure for the Búzios-10 pre-salt field, located some 180 kilometres off the coast of Rio de Janeiro. According to Allseas, the project, awarded by Petrobras following a competitive tender, will be one of the largest offshore pipeline ...
Landlocked Hungary to get first seaport since WW1 came to an end To get from Budapest, the capital of landlocked Hungary, to Trieste on Italy's Adriatic coastline, containers need to travel more than 550 km, including across the breadth of neighbouring Slovenia. Nevertheless, the Italian city is set to become Hungary's primary port in the coming years as construction has just got underway on a 30 hectare ...
Noatum forms shipping venture with Turkey's Erkport Noatum, the maritime and shipping arm of ports and logistics giant AD Ports Group, has established a roro liner joint venture with Erkport in Turkey. The venture, operating under the brand United Global Ro-Ro, will be 60% owned by Noatum, with Erkport holding the remaining 40% stake. The JV will provide an integrated product for ...
Shearwater Geoservices gets work in oil-rich Guyana with ExxonMobil Norwegian offshore seismic vessel player Shearwater Geoservices has been awarded a contract for a large deepwater 4D OBN reservoir surveillance program by US supermajor ExxonMobil in Guyana. Under the award, Shearwater will commence a six-month survey starting in the first half of 2025. The field unit will be comprised of a Shearwater seismic vessel as ...
Saipem and Subsea 7 broker mega merger deal Italian offshore engineering and construction giant Saipem and offshore engineering and services player Subsea 7 have reached an agreement in principle on the key terms of a possible merger of the two companies. The combination of Saipem and Subsea 7 will be completed by way of an EU cross-border statutory merger carried out incorporating Subsea ...
Myanmar turns to Russia to help develop Dawei port project Myanmar has turned to a new partner to help develop long-held plans to turn Dawei in the southeast of the country into a major port. Russia's economic development minister, Maxim Reshetnikov, signed an investment cooperation pact with the Myanmar government over the weekend to develop the port, an oil refinery and a coal-fired power station ...
Progress made at the IMO towards a greenhouse gas levy The 18th Intersessional Working Group on Greenhouse Gases (GHG) concluded on Friday at the International Maritime Organization with the GHG levy in combination with a global fuel standard as the most favoured candidate mid-term measure for reducing GHG emissions from shipping. Analysis of the participation at the meeting carried out by UCL Energy Institute showed ...
Sweden investigates further cable damage Swedish police are investigating another suspected case of sabotage of an undersea telecoms cable in the Baltic Sea. Finnish telecom operator Cinia said on Friday that it had detected minor damage in Swedish waters on its C-Lion1 undersea fibre-optic link connecting Finland and Germany, the third time this particular cable has been struck since November ...
US targets Chinese ships and terminal investments The US is considering slapping huge fees on Chinese-built ships calling at its ports, while also clamping down on Chinese
How massive new US port fees could impact container shipping The latest shipping-related proposal out of Trump's chaos-inducing administration is the 'big one' for container lines. The new port fee...
'Maximum pressure' in motion as US sanctions more Iran-linked tankers and entities The Trump administration announced its second round of sanctions against Iran on Monday, targeting Iranian officials, shipping companies, commodity traders...
EU and UK target dark fleet support network amid sanctions uncertainty The EU and UK unveiled expanded shipping sanctions on the third anniversary of Russia's invasion of Ukraine, but the US...
Where do we stand after ISW-GHG 18? Two thirds of countries that signed Marpol Annex VI now support a carbon levy for decarbonisation, the latest IMO talks...
Fire contained on board second Grimaldi ro-ro in recent days Incident on board 47,600 gt ro-ro cargoship is the second casualty to befall a Grimaldi ship in recent days
Gas shipping group calls for EU to cut methane emissions Shipping and energy companies seeking to cut emissions of planet-warming methane have called on the EU to regulate the issue...
Coastal corridor prompts surge in Ukrainian bulker trade Ukraine's bulk shipments have risen nearly 90% over the past year as temporary maritime corridor takes effect. Russia, meanwhile, must...
Shipping's shame: It's time to talk about abandonment, again After a massive spike in cases of seafarer abandonment was reported in 2024, Lloyd's List reporter Joshua Minchin asks what...
Shipping faces yet another geopolitical shockwave as US strikes at Chinese shipbuilding USTR's proposal goes far beyond the unions' initial demands and could significantly disrupt global shipping and drive up costs
The week in newbuildings: large containership orders persist Firm orders for two capesize bulkers, two tankers, four general cargoships, five gas carriers and 12 boxships recorded in the...
MISC 2024 profit plunges as market softens in the fourth quarter MISC saw no reprieve for rates due to the continued influx of new vessels and delays in additional supply from...
The Daily View: Cruise control Your latest edition of Lloyd's List's Daily View - the essential briefing on the stories shaping shipping
Daily Briefing 24 February 2025 Trump administration official vows to tax foreign-flag ships calling at US ports | Profile of Red Sea sailing fleet unchanged...
FMC modifies TCW detention order in light of federal court ruling The FMC's modified ruling in the TCW-Evergreen complaint allows room for carriers to charge late fees during port closures if the fees are reasonable.
US cargo crime forecast to rise 22% as thefts spread inland Supply chain security technology provider Overhaul forecasts another big year for cargo theft in 2025, though not as big as a 49% year-over-year increase in 2024.
US port fees could hit Chinese ships under Trump trade proposal The US Trade Representative said the proposed fees are designed to counter China's influence over the global shipbuilding and maritime industry.
Geopolitics, weak German economy slowed Hamburg's 2024 volume growth The poor operating conditions look set to continue this year, likely keeping container handling numbers under pressure at
Trump officials aim to pile on revenue from taxes and duties on shipping Lutnick moots income tax while trade representative's office targets Chinese shipping and shipbuilding with fees
Trump administration takes another swipe at Iranian shadow fleet with round of sanctions Oil brokers, ship managers and heads of Iran's oil and terminal companies among target list
Ciner Shipping relocates to Athens amid rapid fleet expansion Outgrowing its Istanbul base, top Turkish owner taps human resources pool of the world's biggest shipping hub
Turkish owner Devbulk clinches S&P handysize deal with Japanese owner Itochu Traditional Turkish shipping firm clocks up fourth acquisition of a Japanese-built vessel in 12 months
Capesize spot rates perk up as Australian cyclone aftermath settles Time-charter average saw a 45% weekly bounce
'Unsafe' tanker operations in crosshairs as Europeans unveil fresh sanctions Bloc blacklists 74 more ships and UK adds 40 amid splits in pro-Ukraine alliance
EnTrust Global's OMP reveals hand in Olympic Subsea offshore vessel newbuilding deal Oslo investor backs Stig Remoy in building vessels for oil and gas or renewables work
EuroDry expects recovery from loss after bulker rates approached nine-year lows Greek bulker owner optimistic of improving markets from March
Lightship Derivatives raids rival Freight Investor Services for new CEO Hire is a stalwart of the freight derivatives space
Carbon emissions from Norwegian shipowners rise in 2024 CEO says IMO agreement on emissions will be crucial
The big reveal: How strong is LNG bunkering demand, really? Huge market evolution on cards in next three years, adviser LansdowneMoritz says
Container lines seek to stop the rot as spot freight rates drop 20% Falling freight rates may finally be hitting sentiment in the container ship charter market
HFW beefs up shipping team with UK Coast Guard navigation chief Mike Bunton Experienced shipping man appointed as a master mariner at UK law firm
RFOcean charters out series of tanker newbuildings to Spanish oil group Moeve, formerly Cepsa, taking chemical carriers being built at Wuhu Shipyard in China
Kristian Siem-backed Subsea 7 looks to combine with Saipem Subsea 7 shareholders will get new shares, big dividend in deal expected to close next year
George Economou-owned suezmax tanker lifts first Dar crude cargo for a year Force majeure lifted after pipeline problems fixed in Sudan
NorthStandard targets $1bn premium goal after reversing renewal vessel losses Post-merger reshuffles have ended with second-largest club reporting increased tonnage at renewal
Dark fleet-linked AIS spoofing spurs push for more reliable ship-tracking tech Concerns over vessel location manipulation prompt new look at ship security system
Bid by Louis-Dreyfus heirs to snap up piece of Greek port falls flat Margarita Louis-Dreyfus and her three sons obtain just one-tenth of Thessaloniki Port Authority shares they had set out to acquire
'Unsafe' tanker operations in crosshairs as European Union unveils fresh sanctions Bloc blacklists 74 more ships amid splits in pro-Ukraine alliance
Iraq Mediterranean crude shipments to resume as vital pipeline back in business Oil ministry earmarks 185,000 barrels per day for export from Ceyhan
Slot charterers can be considered 'shipowners' in liability claims, UK court rules Law firm CJC explains implications of judgment arising from X-Press Pearl case
Shockwaves for shipping as Trump floats big port fees on Chinese-owned and built vessels Container shipping likely to be most severely affected, analysts say
Traders 'more cautious' over long-term tanker charters due to US-driven uncertainty New administration's policies on tariffs and Ukraine contributing to wariness over term deals
Russia orders diver inspections of all ships after mysterious sabotage attacks Navy will also be used to protect vessels from drone threat
StealthGas boosts buyback as it logs third straight year of record earnings CEO Harry Vafias optimistic but warns fortunes can be made and lost quickly in shipping
Lower Russian grain exports could spell trouble for geared bulkers Panamax demand out of Australia and Argentina in line to benefit
George Procopiou doubles down on iconic Athens resort and Posidonia hub investment Greek shipping and real estate magnate acquires full ownership of Astir Palace Vouliagmeni
Golden Union teams up with leasing newcomer SeaKapital on LNG bunker vessels Continental Kapital Union Holding's 20,000-cbm LNG bunker ships will be deployed worldwide
Campaigners urge EU to step up tanker blacklisting to hit Russia revenue Campaign group says oil price cap could come back into play if enforcement campaign is boosted
Methane abatement group calls on EU for clear policies and investment Coalition moves to get its message out ahead of European Union's Clean Industrial Deal details on Tuesday
Asyad Shipping LNG carrier makes return trip through Red Sea Vessel sails back in ballast after being first non-sanctioned vessel to take route in over a year
US port charges on China vessels add to supply chain uncertainty A plan to promote U.S. maritime interests by penalizing China shipping only complicates supply chain woes, say experts.
WiseTech board members resign over governance dispute Australian logistics software provider WiseTech is in the midst of a governance crisis after four board members resigned.
DHL e-Commerce expands operations to Saudi Arabia DHL e-Commerce is gaining a foothold in the Saudi Arabian market with a partial acquisition of Ajex Logistics Services.
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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