VIDEO: Seaglider successfully completes first foil-mode sea trials North Kingstown, R.I.-headquartered REGENT Craft reports that sea trials of its Viceroy Seaglider prototype are advancing rapidly, with the revolutionary craft's first crewed foil-mode testing now successfully completed. Following the initial float-mode
Solstad renews partnership with Marlink Solstad has renewed its long-standing partnership with Marlink to advance its digitalization strategy through to 2028. Under the new agreement, Marlink will deliver SealinkNextGen, a next-generation managed connectivity solution that combines Starlink's low Earth orbit network with guaranteed GEO-VSAT services and MSS backup. The agreement also enables Solstad to manage bandwidth dynamically acro
KEZAD and Witthal Gulf Industries sign deal to launch recycling plant Khalifa Economic Zones Abu Dhabi Group has signed a 50-year land lease agreement with Witthal Gulf Industries for the establishment of the country's first lithium battery recycling facility in Taweelah. With an investment of AED 40 million, the state-of-the-art plant will play a pivotal role in advancing the UAE's circular economy and Net Zero by 2050 goals. The facility will employ cutting-edge
Emirates Shipping Line announces new service to Seattle Emirates Shipping Line has announced its entry into the United States market with the launch of the Sun Chief Express service, a direct, fortnightly connection linking Seattle, WA with key Southeast Asian ports-Ho Chi Minh City and Shekou. The service will follow the rotation: Ho Chi Minh - Shekou - Seattle - Ho Chi Minh, with the first sailing scheduled aboard the M.V. Bright, departing from Ho
Port of Long Beach approves $833 million budget The Long Beach Board of Harbor Commissioners has approved an $833 million budget for fiscal year 2026, nearly half of which will go toward infrastructure projects that reinforce the port's leadership in sustainable, efficient cargo movement. The budget will be submitted to the Long Beach City Council later this year for final approval. Key highlights include a $405.4 million capital improvement a
Tykoflex and Kongsberg Discovery develop subsea infrastructure Tykoflex AB and Kongsberg Discovery have announced a strategic partnership to advance the development of modular, intelligent, and secure subsea infrastructure. This will combine Tykoflex's proven fiber optic closure systems with Kongsberg's cutting-edge sensor, communication, and positioning technologies. The partnership leverages the strengths of both companies to deliver innovative, dual-use s
West Africa's container shipping profile rises with MSC's giant ships For the first time, the Far East - West Africa trade has entered the top 10 container shipping routes where the largest ships are deployed. Alphaliner calculated that the average vessel size on the Far East-West Africa route has grown 26% from last year, to 8,127 TEU, as MSC continues to deploy 24,000 TEU vessels there
Kalmar secures order from Depot Management Finland Kalmar has signed an agreement to deliver two next-generation empty container handlers to Depot Management Finland Oy. The order was recorded in Kalmar's Q2 2025 intake, with delivery scheduled by the end of 2025. The machines will be deployed by Container-Depot Ltd, a long-standing operator at Vuosaari port in Helsinki and part of the Depot Management Finland group, which recently expanded throu
Traffic through Hormuz slumps as spoofing, insurance shocks rattle Gulf shipping Maritime traffic through the Strait of Hormuz plunged by almost 60% at the start of the week, underscoring how a mix of electronic warfare, political brinkmanship and spiralling insurance costs is reshaping the Persian Gulf's lifeline waterway. According to the U.K-based Joint Maritime Information Centre, only 91 vessels of more than 1,000 gross tonnes transited the strait on 23 June 49 eastbound
JAXPORT welcomes two new cranes The Jacksonville Port Authority has received two new 50-gauge ship-to-shore container cranes at its Blount Island Marine Terminal, marking a key milestone in the port's modernization strategy. Manufactured by Germany-based Liebherr Crane Company, the cranes arrived in sections and are now being assembled on-site. They are expected to be fully operational by the end of 2025. A third crane, also 50
Savannah port tops for third consecutive month The Port of Savannah moved 500,900 twenty-foot equivalent units in May 2025, marking the third consecutive month it surpassed the half-million TEU milestone. The figure reflects a 2.2% year-over-year increase, or 10,565 additional TEUs, compared to May 2024. May 2025 stands as Savannah's second busiest May ever, trailing only May 2022, which saw volumes near 519,400 TEUs. Griff Lynch, President a
Mersin & Izmir: Türkiye's East Med Port Strategy As container volumes continue to redistribute across the Eastern Mediterranean, two Turkish ports ,Mersin and Izmir, are positioning themselves as strategic complements rather than competitors to regional titans like Piraeus, Port Said, and Ashdod. While not aspiring to mega-hub status, these ports offer valuable redundancy, inland connectivity, and cost-efficiency in a disrupted maritime ecosyst
Crowley launches first direct service linking US Northeast and Central America Crowley has unveiled its first direct ocean route between the US Northeast and Central America, strengthening the company's logistics footprint in the region. The service connects the Port of Philadelphia's Gloucester Marine Terminal with ports in Guatemala and Honduras and, by extension, shippers in El Salvador and Nicaragua, providing faster delivery of fresh produce, apparel, industrial produc
ClassNK opens new survey office in Jacksonville ClassNK has announced the opening of a new exclusive survey office in Jacksonville, Florida, reinforcing its commitment to delivering efficient, high-quality services to clients in key global shipping hubs. The new office is part of ClassNK's ongoing global expansion strategy, aimed at enhancing service accessibility and response times. Strategically located in northeast Florida, Jacksonville is
Rhenus and Merck celebrate 15 year partnership Rhenus Logistics and Merck, a global leader in life sciences, have unveiled a new sustainable logistics initiative in Alsace: a biodiesel B100-powered shuttle service connecting Merck's Molsheim site with Rhenus' warehouse in Strasbourg. The initiative is part of a broader decarbonization strategy aimed at reducing greenhouse gas emissions and promoting more sustainable logistics operations. The
DSV and UNICEF deepen collaboration to speed humanitarian relief for children Global transport and logistics group DSV and UNICEF have expanded their strategic alliance, sharpening the focus on rapid humanitarian response for children caught in crises. The enhanced agreement one year into a three-year partnership boosts the number of in-kind air-freight services DSV will provide when emergencies strike, reinforcing the partnership's three pillars: getting help to every chi
COSCO's new gas carriers operate under Wärtsilä's systems Wärtsilä Gas Solutions has been selected to supply the cargo handling and fuel supply systems for four new Very Large Gas Carriers being constructed by COSCO Shipping Offshore. The vessels are being built for a COSCO-affiliated owner group and will feature Wärtsilä's cutting-edge engineering and onboard systems to support safe and efficient gas transport. The contract underscores Wärtsilä's stron
Comparing Page Flows and Mobbin: Which UX Tool Delivers More Value? In the fast-paced world of UX research, tools that not only showcase design patterns but also provide deep insight into user behavior are priceless. This is where Page Flows shines-and rises above general repositories like Mobbin. While both platforms serve the design community, they cater to fundamentally different needs. Mobbin offers a huge number of screenshots, which are useful for quick vis
Capacity surge plus paucity of demand, equals rate erosion Analysts in the market agree, for once, that freight rates on the transpacific have peaked as the flood of capacity returned to the Pacific overestimated the expected demand from the pausing of three-digit tariffs. Washington and Beijing agreed to pause the escalating trade war on 14 May for 90 days with tariffs slaloming from a high of 145% to 30% on Chinese goods. Following that pause there was
Insta Download Guide: Save Any Instagram Content in Seconds Scrolling through Instagram has become a daily habit for millions. Whether it's stunning travel shots, funny memes, DIY tutorials, or heartwarming stories, the platform is packed with content that people often want to keep. Maybe you stumbled on a recipe video you'd love to save, or you want to archive a meaningful post from a friend. Whatever the reason, saving content from Instagram is a common
HHLA CEO to step down by end of 2025 Angela Titzrath, Chief Executive Officer of Hamburger Hafen und Logistik AG, will leave her position by December 31, 2025, at the latest. The decision, reached by mutual agreement with the Supervisory Board, brings to a close her nine-year leadership of the company. Titzrath will remain available to support the transition process through the end of the year. The search for her successor is alread
US-China ports show strain as trade war eases: Who's hurt more and what comes next? The ongoing US-China trade war may be entering a temporary pause, but its effects have already left a distinct mark on the maritime shipping sector. Recent data from both sides of the Pacific shows stark disruptions in cargo flows, with Chinese exporters and US West Coast ports alike feeling the strain. At the Port of Long Beach, cargo throughput dropped by a significant 8.2% in May. Imports fell
YUAN HAI KOU makes landmark arrival at Piraeus A new chapter in sustainable maritime transport unfolded today at the Port of Piraeus, as the cutting-edge car carrier YUAN HAI KOU made its inaugural call to Greece's premier port. Fresh from its launch in May 2025 at Guangzhou's renowned Nansha Auto Terminal, the vessel's arrival underscores both the growing significance of Sino-Greek maritime relations and the shipping industry's rapid shift t
SLB OneSubsea wins contract for Northern Lights phase two CO2 project SLB OneSubsea, a joint venture backed by SLB, Aker Solutions, and Subsea7, has secured an engineering, procurement and construction (EPC) contract from Equinor for the second phase of the Northern Lights CO2 storage project offshore Norway. The contract covers the delivery of two satellite subsea CO2 injection systems and related tie-in infrastructure. Initial equipment deliveries ...
Pacific Basin signs methanol fuel deal with Towngas Hong Kong-based dry bulk shipping giant Pacific Basin has signed a memorandum of understanding (MOU) with The Hong Kong and China Gas Company Limited (Towngas) to secure supplies of green methanol, as the company moves to meet tightening international emissions standards. The deal outlines plans for Towngas to provide Pacific Basin with green methanol that ...
Performance Shipping refinances $29.75M loan Nasdaq-listed Greek tanker owner and operator Performance Shipping has agreed to the refinancing of an existing outstanding loan of $29.75m with compatriot Alpha Bank. Proceeds from the facility will be used to fully refinance the existing debt maintained with Alpha Bank, secured by the 2013-built aframax P. Long Beach and the 2010-built LR2 P. Aliki. ...
Teekay Tankers ships out its oldest LR2 Teekay Tankers has continued to offload its ageing tonnage by selling its oldest LR2 unit. S&P sources show the New York-listed firm is shipping out the 2007 Hyundai Heavy Industries-built 105,200 dwt Limerick Spirit to unnamed Greek interests for around $27.8m. The Kenneth Hvid-led owner and operator has been improving the age profile of its ...
Interactive map launched to give seafarers the right reporting channels My Harassment-Free Ship campaign is the theme of today's United Nations-backed International Day of the Seafarer, with a call to eliminate bullying and harassment in the maritime industry. To this end, UN body the International Maritime Organization has today launched an interactive world map, which highlights reporting channels, national policies, and support systems by flag ...
Truce tempers tanker rally as GPS jamming persists in the Gulf Ship operators report extreme GPS jamming continues in and around the Gulf, but the tentative truce reached between the US, Israel and Iran is holding, something that has been reflected in declining oil prices and tanker spot rates and stock prices over the past 24 hours. "A whirlwind two weeks has seen crude oil prices ...
US county joins push against Trump's offshore drilling plan The Charleston County Council is joining the fight against US president Donald Trump's plan for potential oil and gas drilling off its coast. Trump's plan involves giving potential new leases on the Florida, Georgia, South Carolina, and North Carolina coasts, which, by a resolution signed by Trump in his first term, were supposed to be ...
Economou's TMS Group acquires ZIM Yangtze in ongoing container market comeback Greek shipping magnate George Economou has further solidified his return to the container sector with the acquisition of the 5,500 teu ZIM Yangtze, a modern containership currently on long-term charter to Israeli carrier ZIM. The vessel, formerly owned by Germany's Elbdeich Reederei, was sold to Economou's TMS Group for an undisclosed sum. The 5,500 teu ...
Deadly fire engulfs tanker in Batam shipyard A fire broke out aboard an oil tanker undergoing repairs at a shipyard in Batam on Tuesday, killing four workers and injuring five others. The blaze ignited in the afternoon of June 24 aboard the Federal II, a 1990-built aframax tanker serving as a floating storage and offloading (FSO) unit. The vessel was docked at ...
MSC propels West Africa higher up the container ladder Mediterranean Shipping Co (MSC), the world's largest containerline, has single-handedly catapulted West Africa into Alphaliner's list of the 10 trading routes with the biggest ships. Earlier this year, MSC started redeploying some of its largest ships from Asia-Europe to cater instead for the fast-expanding Asia-West Africa market, something that has seen the average vessel size ...
Brazil issues first offshore wind license to 24.5MW pilot project The Brazilian Institute of Environment and Renewable Natural Resources (IBAMA) has granted the first preliminary license for an offshore wind energy project in Brazil. The license was awarded to the Senai Institute for Innovation in Renewable Energy for the offshore wind turbine test site set to be implemented on the coast of Areia Branca, in ...
Aibel bags maintenance services deals for two Var Energi fields Norwegian offshore energy services firm Aibel has signed a framework agreement for maintenance and modifications on the Goliat and Gjøa fields with Vår Energi. The framework agreement is effective from September 1, 2025, and has a duration of five years, with options for three additional two-year periods. It is estimated that the contract corresponds to ...
Iberdrola picks Avangrid head as new CEO Spanish electric utility company Iberdrola has named Pedro Azagra as the group's new chief executive officer. Azagra, who until now has held the position of CEO of the company's USA subsidiary Avangrid, is replacing Armando Martínez. The incoming CEO has been with Iberdrola for 25 years, first as executive director of development with responsibility for ...
Egypt's National Navigation back in China for more kamsarmax newbuilds Egypt's National Navigation Company (NNC) is continuing its fleet expansion with a fresh order for two additional kamsarmax bulk carriers. The state-owned, Cairo-based owner has commissioned Jiangsu Hantong Ship Heavy Industry to build and deliver the 82,000 dwt units in September and November of 2028. This marks the second deal with Jiangsu Hantong in just ...
Daehan Shipbuilding pursues Seoul IPO Daehan Shipbuilding, a mid-sized shipbuilder specialising in suezmax and aframax tankers, will list on South Korea's KOSPI stock exchange later this year. This move follows a significant financial turnaround and a surge in global shipbuilding demand. The company has appointed KB Securities and NH Investment & Securities as lead underwriters, with ShinYoung Securities serving as ...
Louis Sola steps down as chair of FMC Louis Sola will step down next week as chairman of the Federal Maritime Commission (FMC) after a seven-year stint at America's shipping regulator. Donald Trump, the American president, will nominate a new chairman and commissioner to the FMC in due course, something that will require Senate approval. "Throughout my tenure, I engaged with senior partners ...
Japan charts course to double shipbuilding capacity by 2030 Japan, once the undisputed titan of global shipbuilding, is embarking on an ambitious journey to rejuvenate its maritime manufacturing prowess, aiming to double its shipbuilding output by 2030. This bold strategy, spearheaded by the ruling Liberal Democratic Party (LDP) and the newly appointed leadership of the Japan Shipbuilding Industry Association (JSIA), is driven by a ...
AI and my job I have come to the realisation (truth be told, I have been politely informed) that my job is transitioning. Thank you, ChatGPT! This month has been mind-blowing for me exploring how advanced machine learning and artificial intelligence (AI) is when it comes to the day job of being a professional shipping newshound. We've been trying ...
June 2025 Review Israel and Iran went to war, sparking massive tension in and around the Strait of Hormuz. Two tankers suffered a fiery collision south of the strait following extensive GPS spoofing. The US briefly joined the conflict before president Donald Trump claimed a ceasefire had been reached earlier this week. Two titans of shipping passed away ...
Tankers tread warily around Hormuz Oil and tanker markets generally benefit from geopolitical disruption. The outbreak of open warfare between Israel and Iran on June 12, with the US weighing in overnight on June 21/22, certainly has given the markets plenty to chew on. VLCC freight markets have reacted to events as one would expect. Freight rates on the Middle ...
So far, so good for dry bulk's June China's air conditioning season increases electricity demand, which increases coal demand, which adds to the volume of spot fixtures of capesize and panamax bulk carriers to ship coal from Australia to China. Offsetting this, India's monsoon season arrived eight days earlier than usual with above average rainfall predicted for 2025 with temperatures lower than average. ...
Container's wild mood swings Donald Trump's chaotic trade policy making has led to unexpected volatility in container shipping freight markets. After the carriers pulled capacity from the Pacific, the US and China came to a short-term agreement on tariffs. On June 11, Trump said on his social media channel that "our deal with China is done" and claimed that ...
Analyst Abstract Tankers 2025 is set to be an important year for the global chemical tanker market, with a notable influx of new tonnage expected-but long-term dynamics continue to signal deeper structural shifts in fleet age and trade patterns. According to data from shipbroker SSY, 127 new chemical tankers are scheduled for delivery this year, adding approximately ...
Muted month for S&P Ship sales have been limited in June, with prices coming down by and large. According to Clarksons Research, secondhand prices have been easing since the third quarter of last year, with Clarksons' five-year-old tanker and five-year-old bulker indices now down 16% and 14% respectively since August last year. Starting with dry bulk, broker Gibson suggested ...
The convoluted maritime tech scene The maritime industry is undergoing a rapid technological transformation, with AI emerging as a driving force behind it. Recent publications, such as the Global Maritime Tech Startup Map 2025 by Flagship Founders and SkySail Advisors' Maritime Technology Landscape, highlight the explosive growth of companies providing tech solutions for the sector as well as belated consolidation ...
LNG shipping rates rise in wake of Middle East turmoil but they're still low LNG newbuildings are still hitting the water too fast, keeping rates subdued, yet executives speaking at the recent Marine Money...
Why a ceasefire and sanctions deal with Iran does not necessarily reopen the Red Sea Ceasefire or not, shipping still has a lot of unresolved risk with which to deal. The fallout from the past...
MECO spoke to other potential buyers before Markel deal Acquisition takes Lloyd's insurer into marine mutual world
Ville de Bordeaux sail savings verified Suction sail maker Bound4blue has welcomed a Bureau Veritas assessment of fuel savings from a ro-ro trialling the technology, helping...
Tariff turmoil and fleet glut cast shadow on box trade Container shipping is expected to grow 3%-4% in 2025, but headwinds loom. US imports will likely drop in the second...
Day of the Seafarer: On the frontline in the fight against climate change Seafarers can provide valuable insight and intelligence into the ways climate change is affecting different regions of the world, says...
Seafarer suicides now outnumber accidental deaths, report reveals Big rise in fatalities at sea, marine insurance giant notes in report published on Day of the Seafarer
High demand for secondhand containerships continues as pricing heads upwards Buyers appear unperturbed by global geopolitical agitation and falling freight rates, and remain keen to secure tonnage despite firming prices...
Cargo underwriters face greater challenge than conflict RSA's senior cargo underwriter says insurers are well versed in geopolitical risks and capacity continues to enter the market regardless
Four left dead in Indonesian tanker fire A further five people were injured in the blaze and taken for treatment at two hospitals, with police still investigating...
The Daily View: Who goes there?
Daily Briefing Gulf war risk premiums double but softening now expected | Tanker stocks plunge after Trump's ceasefire message | Pacific Basin...
Mexico-US ocean market expands amid growing nearshoring interest A new service from Green Tide Logistics will connect Veracruz to Philadelphia in five to six days via truck and multi-purpose vessels capable of handling 1,200 to 1,700 TEUs.
Maersk launches AI customs tool to tackle rising regulatory chaos The digital solution will be available for US imports this week and is set to roll out globally in August.
Trans-Pacific sailing into slowdown; Asia-Europe outlook brightens: analysts Peak shipping season began early on both trade lanes, but the advancing of US orders from China will hit trans-Pacific demand in the second half of the year.
Huge CMA CGM container ship makes groundbreaking Suez Canal transit Authority's chairman Ossama Rabiee says passage marks start of restoration of mega-boxship traffic
Teekay Tankers moves another vessel to Greek buyer Sale would be the ninth this year from the Canadian owner, if confirmed
Alexander Hansson overtakes father Herbjorn at top of Nordic American Tankers shareholder standings Son of NAT chief executive has been building up his holding in the company
Worrying rise in seafarer deaths as stress takes a toll, says Gard Norwegian insurer calls for more focus on mental health sea as number of suicides remains high
Zodiac Maritime and Sinokor Merchant Marine mull container ships orders at HD Hyundai yard Companies being linked to series of 13,000-teu vessels for charter to HMM
Pacific Basin moves to secure green methanol supply in deal with Towngas Hong Kong bulker owner needs to supply growing fleet of dual-fuel ships
Shipowner group complains of 'excessive' checks on seafarer pay Port state control officers inspected crew members' contracts during a three-month concerted campaign
Bunker and tanker giant USTC confident tide will turn after 'unimpressive' profit Family-owned group took hits in 2024/25 from scrapping its African fuel business and Nordic Waste toxic sludge disaster
'It all kicked off': How to manage shipping and chartering in the Middle East Stephenson Harwood duo Kirsty MacHardy and Emma Skakle reveal what clients have been asking since the beginning of renewed hostilities
Ship managers unite over harassment-free ships on International Day of the Seafarer IMO campaign aims to highlight a culture of respect and zero-tolerance of bullying
Gard CEO set to become new boss of powerful P&I body Rolf Thore Roppestad has solidified firm's position as the world's top marine insurer
Cosco and Sinokor VLCCs head back through Hormuz after earlier U-turns Chemical tankers and MRs also progressing with trips after ceasefire
Greek lender co-finances Union Maritime's first wind-assisted LR2 Piraeus Bank reveals hand in 'milestone' delivery
VLCC rate spike: Trigger for strong markets, or just 'panic'? Analysts at Jefferies examine how tanker earnings could progress as ceasefire calms Middle East turbulence
Fire kills four people on board Indonesian storage tanker at repair yard Authorities say blaze on board FSO Federal II has been extinguished
Hoegh Evi advances its CO2 carrier designs as it moves into shipyard talks Two sizes of vessel approved to work alongside floating collection storage and offloading unit
Ceasefire takes heat out of soaring VLCC freight rates De-escalation takes some of the heat out of Middle East market as forward freight rates drop
Bulker S&P deal catches the eye with newcastlemax delivery date a year in the future Brokers report unusually late delivery for Imabari-built vessel
Steensland Group logs record profit as shipping investments pay off Norwegian family-owned operation benefited from holdings in Gram Car Carriers, Oslo Bulk and Solvang
Spoofing, jamming and 'Russian-style' attacks: How ship positions became a pawn in global conflict Experts tell TradeWinds how simple it is for a ship's position to be spoofed or jammed
Donald Trump backtracks on Iranian oil shipments to China Donald Trump drops sanctions threats to say China can continue buying oil from Iran
Ceasefire takes heat out of soaring VLCC freight rates De-escalation takes some of the heat out of Middle East market as forward freight rates drop
Ships avoid Strait of Hormuz amid spoofing fears and nighttime dangers, says Angeliki Frangou Greek shipowner says some vessels only transiting in the daylight due to security threat
'Tanker festival': Stolt-Nielsen shares rise as DNB Carnegie sees several market catalysts Analyst Jorgen Lian keeps 'buy' rating
'Almost impossible to extinguish': Electric car fires and the risk they pose to ships Three high-profile blazes in as many years do not mean electric vehicles are especially dangerous
Flex LNG bosses awarded options equivalent to two salaries a year CEO Marius Foss and CFO Knut Traaholt awarded five-year options
Hanwha Ocean snatches Tsakos order for up to three VLCC newbuildings Major Greek owner ends VLCC ordering drought with provisional contract for two firm vessels and one option
DHL Express Canada, striking workers tentatively agree on labor deal DHL Express Canada could resume operations within days if union workers ratify a preliminary contract negotiated by Unifor.
New Mideast tensions fail to boost trans-Pacific container rates Hostilities among Israel, Iran and the United States failed to disrupt most transportation markets as container rates fell in the eastbound trans-Pacific.
FedEx navigates tariff swings to modest profit gain FedEx said its newly streamlined air cargo network helped it adjust to tariff-induced demand fluctuations and make a profit during its latest quarter.
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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