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FEBRUARY 26, 2025

Waterways open again Intermodal players join forces in Spain Milestone for life-saving supplies Animal transports in good hands Fleet investment follows partnership extension Malaysia implements maritime single window at Port Klang Europa Air & Sea reports strong growth Law firm expands shipping practice Expanding waste reduction efforts "Curiosity of the Day" Another round of promotions at Seko Transnatur expands services to Canary Islands Three more Sino-Kazakh terminals in 2025 Canada investing in Trois-Rivières projects

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FEBRUARY 25, 2025

Sanctions-busting forwarder jailed, while Europe 'ramps up the pressure' Taiwan and South Korea lines don't fear US levy on Chinese ships Saleable Expeditors - management reshuffle talk continues Electronic bills of lading a step closer with standardised framework Walking the rumour tightrope - sale of Australia's TGE looks near Bullish Freightos says 'cost efficiencies' helping bring profitability in sight Making sense of the sheer Amazon LTL nonsense EU states must decide on zero-emission truck weights or adoption will suffer AD Ports launches Erkport JV, but loses out over Alsancak terminal

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FEBRUARY 25, 2025

PNWA pushes back against DOGE cuts to critical USACE employees The Pacific Northwest Waterways Association (PNWA) has written the Idaho, Montana, Oregon and Washington State congressional delegations expressing its "strong opposition to federal employee cuts being implemented by the 'Department of Government Ulstein marks another milestone in build of Yard No. 320 CSOV Norway's Ulstein Verft has launched its Yard No. 320, the first of two advanced commissioning service operation vessels (CSOVs) on order for Bernard Schulte Offshore (BS Offshore). The launch event followed an

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FEBRUARY 25, 2025

New Port Commissioner at Port Houston Earlier in February, the Houston City Council appointed Roland Garcia to the Port Commission of the Port of Houston Authority. Garcia is a founding shareholder of Greenberg Traurig, LLP's Houston office. With extensive expertise in maritime affairs and a deep understanding of the Port Authority and the Houston Ship Channel, he brings valuable experience to his new role. Before his appointment, Ga Yasa extends partnership with Weathernews One of Türkiye's leading ship owners, Yasa, has signed a new three-year agreement with global weather intelligence provider Weathernews to continue using its comprehensive performance monitoring platform. For the past two years, Yasa has subscribed to Weathernews' industry-leading SeaNavigator platform and will maintain its premium package, which offers route optimization, precise vessel performa The future of maritime training: Building a digital bridge to excellence When we first envisioned the ICS Academy, we saw an opportunity to transform maritime education by creating something truly different: a platform that would harness the collective experience of more than 80% of the world's shipping fleet and deliver it directly into the hands of seafarers. Developed by seafarers for seafarers, our Academy provides on-the-go access to practical e-learning that hel Enterprise-Grade Security in AI Development Discover the benefits of combining RAG and Fine-Grained Authorization in AI development Marlink supports Knutsen Group's digital transformation Marlink, a provider of managed IT services, is enhancing digital transformation for tanker and gas carrier operator Knutsen Group. A long-time Marlink customer, Knutsen Group has expanded its fleetwide VSAT installations by adding two Starlink LEO terminals to each of its 59 vessels, along with 19 new builds. After evaluating the potential of LEO services to enhance applications and user experien Super Bowl-driven preparations strengthened Port NOLA security The Port of New Orleans (Port NOLA) and the Harbor Police Department (HPD) announced the implementation of enhanced security measures and upgraded technology at its Maritime Security Operations Center (MSOC). These advancements, introduced ahead of Super Bowl LIX which took place in New Orleans on 10 February, played a key role in bolstering security for the event and will continue to enhance HPD Hamburg's container throughput nears 8 million TEUs in 2024 The previous year presented numerous geopolitical and economic hurdles, with global trade impacted by the war in Ukraine and conflicts in the Middle East, creating uncertainty in international markets. In Germany, economic output declined by 0.2%, while industrial production saw a year-on-year drop of 4.5%. Despite these challenges, the Port of Hamburg reported positive growth in container throug US slaps sanctions on Chinese shipyards: Up to US$1.5 million fee per boxship The United States is escalating its economic countermeasures against China's maritime sector, specifically targeting the extensive network of Chinese shipbuilding facilities and the vast fleet of vessels built in these yards. This strategic move comes in the wake of accusations against China for practices deemed unfair by international trade standards, including artificially suppressed labor cost NWSA handles over 260,000 TEUs in January The Northwest Seaport Alliance (NWSA) kicked off the year with significant cargo growth, fueled by high vessel schedule reliability, consistent rail service, and new customers. January volumes surpassed the five-year average, reflecting strong market demand. NWSA's total container volume, including international and domestic shipments, reached 264,869 TEUs, reflecting a 25.4% increase compared to What It's Like To Rent A luxury Porsche Elegant, beautiful, and efficient transport always takes your breath away and attracts the attention of others. Porsche is a legendary car that is on everyone's lips. That is why the Porsche hire Dubai service is becoming increasingly attractive for a unique trip. There are many reasons to choose such transport. It is a great option for business trips and meetings, friendly get-togethers, or a re Expansion works begin at APM Terminals Maasvlakte II APM Terminals Maasvlakte II has officially commenced its expansion, marking a significant milestone in the development of one of the world's most advanced box terminals. In collaboration with the Port of Rotterdam Authority and the CareGo consortium, this expansion will double the terminal's capacity, making it the largest, most efficient, and most sustainable automated APM Terminals facility in Geopolitical Instability in the Red Sea: Impact on Top-5 Ocean Carriers The geopolitical instability triggered by the Gaza conflict and Houthi attacks in the Red Sea has significantly disrupted global shipping, with some companies navigating the challenges more effectively than others. This crisis has underscored the strategic vulnerability of key maritime chokepoints, particularly the Suez Canal, which facilitates around 30% of global container trade. The prolonged CMA CGM completes third collective ship buy in four months CMA CGM has completed another en bloc ship purchase, as the French carrier continues to expand its fleet ICTSI's Mindanao Container Terminal shifts to solar power Mindanao Container Terminal (MCT), the business unit of International Container Terminal Services Inc. (ICTSI) at the Port of Cagayan de Oro in the Philippines, has transitioned to operating entirely on solar power during daylight hours. Since 14 February, MCT has been sourcing solar energy under a retail supply contract with PrimeRES Energy Corporation, in line with the Philippine energy departm Hapag-Lloyd increases rates from Indian Sub & Middle East to USEC Hapag-Lloyd has announced a new General Rate Increase (GRI) / General Rate Adjustment (GRA) from the Indian Subcontinent and Middle East to the United States East Coast. The new rates will apply to cargo transported in 20' and 40' dry, reefer and special containers, including high cube equipment. The German box line has announced that the new GRI will be US$500 per container and will be effective Maersk revises PSS from China and Hong Kong to Africa Danish ocean carrier Maersk is revising the peak season surcharge (PSS) for shipments from China and Hong Kong to Kenya and the port of Dar Es Salaam in Tanzania. The following surcharges will be effective from 10 March 2025. Origin Destination Currency ALL 20 / ALL 40 45HDRY ALL 20 REEF / ALL 40 REEF China / Hong Kong China Kenya US$ 650 / - - / 650 - China / Hong Kong China Dar Es Salaam US$ 45 Gebrüder Weiss expands logistics and transport services in Poland Gebrüder Weiss has announced the strengthening and expansion of its transport and logistics service offerings in Poland. Since early 2025, the international logistics company has been offering national and international partial and full truckload (LTL/FTL) transport, along with additional warehousing and logistics solutions such as order picking. Customers can track their shipments in real time a US ramps up efforts to rival China's shipbuilding dominance The Trump administration's proposed fees on Chinese-built ships and mandates requiring a portion of US products to be moved on American vessels aim to counter China's growing influence in the maritime, logistics, and shipbuilding industries Liberian Registry appoints new Senior Vice President Liberian Registry, one of the world's largest ship registries, announced the appointment of Kyle Hurst as Senior Vice President of Fleet Communications and Technology.

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FEBRUARY 25, 2025

Pertamina International Shipping boss arrested over alleged oil import scheme Pertamina International Shipping chief executive Yoki Firnandi has been arrested in connection with an alleged $12bn corruption scandal involving the procurement of crude oil and oil products. Indonesia's Attorney-General's Office named Yoki as one of seven suspects, four of whom were officials of Pertamina subsidiaries. The suspects were accused of manipulating the domestic refinery oil ... Chinese yard to build 200-person accommodation rig Jiangsu Dajin Heavy Industry has revealed that it entered into a section fabrication, general assembly, equipment installation, and commissioning contract for a 200-person jackup accommodation rig with Qinshi Jiamei Energy Technology. According to a statement made by Bestway Marine & Energy Technology, the owner of Dajin Heavy, the total contract value is RMB 57.5m ($$7.9m). ... Container sector set to take biggest hit from US plans to charge Chinese-built vessels Shipping is reeling from what could be the most seismic decision to effect the industry yet in the opening weeks of Donald Trump's second term in office. The American president will make a decision, likely in around a month's time, on whether to carry out suggestions made by the office of the US Trade Representative ... Stena Bulk forms Nigerian tanker venture Swedish shipowner Stena Bulk has signed a deal with NNPC Shipping, part of oil producer Nigerian National Petroleum Corp and local integrated offshore support player Caverton Marine for a new tanker joint venture in Nigeria. The deal will create a new tanker operation serving Nigeria and West Africa's regional and global crude oil, refined product ... Sonangol readies suezmax orders in South Korea Angola's Sonangol is lining up suezmax crude tanker newbuildings in South Korea. Shipbuilding sources report the state-controlled oil company has returned to HD Hyundai Heavy Industries for a pair of scrubbed-fitted 158,000 dwt units. The deal, still at the letter of intent stage, is estimated to be worth about $190m, with deliveries in 2027 and ... SeRenE and Megamas form JV to develop subsea cable vessels Malaysia's Semarak Renewable Energy has formed a joint venture company with Singapore-based offshore service provider Megamas Resources to develop subsea cable vessels. The new joint venture company, to be named Semarak MIS, will develop high-tech and fuel-efficient vessels for the installation and maintenance of offshore energy cables and submarine fibre optic telecommunications cables. Accordin Vintage VLCC prices firm up Prices are up for vintage VLCCs as brokers predict higher rates for ships trading outside the dark fleet. Prices for vintage VLCCs went down in January. Now, VLCC pricing is firming again for reputable sales candidates, and a whopping $10m spread can be spotted in the latest sales filling up broking reports. Greek owner Eastmed ... Petrobras cancels FPSO tender after bid deemed too expensive Brazil's state-owned oil and gas giant Petrobras has cancelled a tender for chartering an FPSO for the Barracuda-Caratinga revitalization project. Initially, Petrobras started the contracting process for the FPSO back in the summer of 2023 but it suffered several setbacks and postponements due to a lack of sufficient interest from floater owners. The company required a ... BlueFloat Energy founder and CEO to step down The chief executive officer and founder of Spanish offshore wind developer BlueFloat Energy has decided to step down from his role. BlueFloat CEO Carlos Martin Rivals revealed via social media that his time at the company has come to an end. "After careful thinking, I've concluded that it is the right moment to turn the ... Panama green lights reservoir project in bid to combat drought restrictions The Panama Canal board of directors has approved funding for the construction of a new lake in the middle course of the Indio river watershed, a massive project designed to help ensure the waterway can combat droughts. For much of 2023 and last year, the canal was forced to slash transits and maximum drafts as ... Wood restarts takeover talks with Sidara UK consulting and engineering firm Wood has responded to recent media speculation regarding an approach from Dubai-based company Sidara for a possible offer for the entire issued and to be issued share capital of the company. Wood confirmed the reports on Tuesday and directed its shareholders to take no action concerning the proposal. The company ... US issues further Iran sanctions The US Department of the Treasury's Office of Foreign Assets Control (OFAC) has imposed sanctions on more than 30 persons and vessels in multiple jurisdictions for their role in brokering the sale and transportation of Iranian petroleum-related products, the latest in a series of measures the new Donald Trump administration is taking in its so-called ... Shipmanagers suggest changes to IMO's net-zero framework to avoid future legal action Shipmanagers have expressed concerns in connection with the International Maritime Organization's future net-zero framework and have suggested changes which they believe would make the proposals more effective. Acting on behalf of the global shipmanagement sector, InterManager, the international association for shipmanagers, has submitted a proposal to the next meeting of the IMO's Marine Environ Pioneering ammonia bunkering vessel project presses ahead An approval in principle (AiP) certificate has been granted for an ammonia fuelled ammonia bunkering vessel. The project has been led by Japanese shipowner

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FEBRUARY 25, 2025

US port fee plan could hammer US exports of petroleum and grain The whole point of the US Trade Representative retaliation against China is to help America, specifically America's shipyards. But the... The week in charts: Where do we stand after ISW-GHG 18? | 'Maximum pressure' in motion | Dry bulk's dilemma Two thirds of countries that signed Marpol Annex VI now support a carbon levy for decarbonisation, the latest IMO talks... Stena Bulk confirms new joint venture with Nigerian National Petroleum Corp New joint venture will be headquartered in London while other operational details are evolving MPCC starts uncertain year on strong footing Uncertainty over Trump tariffs and the Red Sea make the market hard to predict, but solid earnings and a strong... LNG demand from shipping will hit 16m tonnes per year by 2030 The energy giant's latest demand forecast from the shipping sector is 60% higher than the one it made in 2023 US trade crackdown batters Chinese shipping and shipbuilding stocks Shares of key Chinese shipbuilders and shipowners dropped amid threat from latest USTR plan, but some experts believe China's shipbuilding... P&I clubs only got two thirds of headline rate hikes, brokers contend Tardiness in issuing renewal documentation 'particularly egregious' in some cases, argues Lockton PL Ferrari Stranded MSC boxship's hull is breached, coastguard warns Tank soundings have confirmed that there are still millions of litres of heavy fuel oil and marine gas oil on... Ship design set for evolution to account for wind-assisted propulsion The take up of wind-assisted propulsion systems is advancing but production capacity needs to grow to meet the expansion phase Shanghai LNG bunkering shows rapid growth With two LNG bunker ships working at the same time, the port's daily bunkering capacity has doubled HMM will acquire part of SK Shipping to expand bulk business The deal is in line with the shipping company's plan to expand its bulk fleet to 110 vessels by 2030... Taiwan coastguard detains cargoship after another undersea cable break Authorities are investigating whether the incident was accidental or part of China's 'grey zone' tactics, as a similar cable break... Panama Canal board approves new lake project The Rio Indio project is part of Panama's fight against drought, which severely hampered canal operations for several months between... The Daily View: US port fees will distort shipping markets Your latest edition of Lloyd's List's Daily View - the essential briefing on the stories shaping shipping US sanctions ripple to Qingdao as port operator drops firms from acquisition Qingdao port said it removed the two pipeline firms from the deal partly because bankruptcy proceedings for key customers were... MOL Chemical Tankers to rebrand Fairfield under its own name from April 1 MOL Chemical Tankers aims to use the combined business platforms under its brand name to enhance operational efficiency and provide... Daily Briefing Sweeping US plan to target Chinese ships would snare many non-Chinese operators | Shipping faces yet another geopolitical shockwave as...

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FEBRUARY 25, 2025

Trade groups renew push for ocean carrier movement on digitization Shipper, forwarder and customs broker associations want to see the members of the Digital Container Shipping Association accelerate efforts to create interoperable process standards. Carriers boost tonnage on Asia-WCSA to meet growing manufacturing demand The tonnage injection comes amid an uptick in Asian manufacturers expanding business in Latin America, particularly Mexico. From MAC to FGA: Access Control Evolution Learn how integrating MAC, DAC, RBAC, and FGA can strengthen your application's authorization MPVs pass on steel frontloading surge as fleet concerns loom While the breakbulk sector failed to capitalize on the forward loading of steel to get in front of US import tariffs, it now has bigger concerns with US proposals to penalize Chinese-made MPVs. Global shipper group 'bullish' on e-fuel tender bids from ocean carriers The second tender from the Zero Emission Maritime Buyers Alliance calls for a carrier or a consortium of liners to move the equivalent of 1.5 million TEUs across th

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FEBRUARY 25, 2025

China service pushes Matson earnings past expectations in 'very strong' fourth quarter Trajectory for 2025 depends on whether Red Sea normalises A family of Caribbean container experts: Gisholt Shipping celebrates 50 years of niche shipbroking After taking over business of lone rival, Gisholt Shipping wants to stay small Italy's Augusta Due acquires tanker newbuilding as it begins fleet renewal Rome-based Brullo family purchases second vessel in a matter of months Diana Shipping reports profitable quarter but full year in the red Greek shipowner attributes time-charter revenue dip to lower ownership days The big reveal: Just how large is actual demand for LNG bunkering? Huge market evolution on cards in next three years, adviser LansdowneMoritz says 'Large-scale' boxship sales on the cards if markets fall on Red Sea return, broker says But Hanse Bereederung's Alex Karydis has not yet seen a rush to trade through the Suez Canal again TotalEnergies claims LNG fuelling first with cruise ship in Asia Singapore Cruise Centre hosts milestone LNG bunkering operation Navantia UK secures subsea work for McDermott Trinidad Ex-Harland & Wolff Arnish facility awarded year-long contract Shorting tankers boosts return for Oceanic Hedge Fund CIO Cato Brahde sees shipping demand back on normal trend US levy on Chinese ships could make port calls too costly, says Seaspan's Torsten Pedersen Executive says plan will be hard to make work Tsakos snares nine shuttle tankers for Transpetro in $1.3bn order at single yard Shipowner fights off other owners in 'massive' investment on specialised vessels for Petrobras Fearnley Securities downgrades big car carrier names on contract fears Despite protestations from owners, investors sceptical rich new contracts will stay intact LNG fuel demand set to jump to over 16 mtpa by 2030, says Shell Major forecasts global LNG demand to rise by 60% up to 2040 largely on Asian economic growth New tanker sanctions to move the rates needle as more than 10% of VLCCs blacklisted Fearnley Securities says new US and EU measures could create significant demand for mainstream ships P&I insurer West says service key to tonnage gains at renewal Insurer among the biggest gainers of the 12-strong group of protection and indemnity clubs Vessel sales lift Lauritzen Bulkers to bigger annual profit Handysize operator expects to remain profitable in 2025 but is 'cautious' Pertamina International Shipping chief arrested in $12bn corruption probe Yoki Firnandi one of several top executives of state-owned oil major detained on Monday Strong newbuilding orders boost Bureau Veritas as classed fleet tops 12,000 ships CEO Hinda Gharbi hails 'excellent' 2024 Yangzijiang Shipbuilding shares tumble nearly 18% after US targets Chinese-built ships Shares of Chinese liner giants Cosco and OOCL are also trending downward BP LNG carrier onsite and poised to ship first cargo from GTA FLNG project Mauritania and Senegal set to join ranks of LNG exporters Harry Vafias not losing sleep over global turmoil but LPG orderbook 'worrisome' StealthGas boss says geopolitical issues 'always in the back of our minds' Berge Bulk makes rare foray into secondhand market with Japanese VLOC buy Brokers say giant bulker is being acquired from shipowner NS United Kaiun Kaisha KOBC pledges $2.4bn to bolster South Korea's maritime industry Part of the funds will be used for digital transformation for the sector to gain business edge Stena Bulk and NNPC Shipping hunt vessels as new tanker and gas carrier venture unveiled Companies team up with domestic logistics player Caverton Marine to 'transform' regional shipping Bulker caught up in cocaine seizure freed after 15 months Owner of the Debi settled port fees row Safe Bulkers tries again with $11m buyback after scrapping $22m programme Cash-rich shipowner wants to increase investor value further Wilh Wilhelmsen unleashes cash pile in share buyback Shipping group will buy up to $31m shares MPC Container Ships predicts rate spike from Red Sea return as profit rises German feeder ship specialist sees opportunities and challenges in uncertain global markets Awilco LNG markets one of two vessels in 'very challenging spot market' But company turns a profit for quarter and 2024 and is prepared to 'weather' current weak conditions TMS Cardiff Gas puts lone 19-year-old LNG steamship up for sale But recent deals appear to show secondhand prices have slumped as vessels flood market The big reveal: Just how large is actual demand for LNG bunkering? Huge market evolution on cards in next three years, adviser LansdowneMoritz says Tech support and know-how: Synergy Marine steps up support for Mercy Ships to boost seafarer healthcare New collaboration will involve more technical help, medical consultations and awareness initiatives Yangzijiang Shipbuilding's shares tumbled nearly 18% after US targets Chinese-built ships Share prices of Chinese liner companies Cosco and OOCL also head south Berge Bulk makes rare foray into second-hand market with Japanese VLOC buy Brokers say giant bulker is being acquired from shipowner NS United Kaiun Kaisha KOBC dishes out $2.4bn to bolster South Korea's maritime industry Part of the funds will be used for digital transformation for the sector to gain business edge 'Absolute panic': How far will Trump's China shipping broadside reverberate? Will Hong Kong-flagged ships be subject to proposed port fees? Singapore shipbroking icon opens up on how Eastport Maritime broke the mould to grow a global footprint Founder of well-known independent tanker brokerage credits success to stability and keeping up with new generation

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FEBRUARY 25, 2025

ILA members overwhelmingly approve new contract covering East, Gulf coast ports Members of the International Longshoremen's Association voted overwhelmingly to approve a new six-year contract with employers at Eastern Seaboard and Gulf Coast ports. Analysis: US port fees the latest headwind for container supply chain Proposed U.S. port charges aimed at China are the latest undercurrents roiling the global container market.