VIDEO: Rolls-Royce in high speed sector methanol engine world first MTU parent company Rolls-Royce Power Systems reports that it has successfully tested the world's first high-speed marine engine powered exclusively by methanol on its test bench in Friedrichshafen, Germany. Its engineers and
CMA CGM announces peak season surcharge from Europe In a continued effort to provide customers with reliable and efficient services, CMA CGM has announced the implementation of a Peak Season Surcharge (PSS) effective from November 15, 2025 (loading date) and valid until further notice. The surcharge applies to all cargo shipped from North Europe, the Mediterranean (excluding Spain), the Middle East, the Red Sea, and the Indian Subcontinent (includ
Suez Canal Authority partners with Anchorage Investments The Suez Canal Authority (SCA) has signed a strategic partnership agreement with Anchorage Investments to build a large-scale petrochemicals complex in Ain Sokhna, northwest of the Gulf of Suez within the SCZone. The $2 billion first phase of the project will produce polypropylene (PP) from raw propane and generate hydrogen as a secondary product. The second phase will expand production to other
CMA CGM launches new service linking Sfax with Tanger and Valencia CMA CGM's Short Sea Lines Division has announced the launch of a new weekly service connecting Sfax (Tunisia) with Tanger (Morocco) and Valencia (Spain), coinciding with the start of the 2025-2026 Tunisian date export season. The new service enhances regional connectivity and provides exporters in Tunisia with faster access to international markets. Through CMA CGM's key transshipment hubs at Tan
Yang Ming chairman says company not hit by US-China tensions Yang Ming Marine Transport chairman Tsai Feng-Ming said on 23 October that US-China trade tensions have been good for the Taiwanese liner operator. Speaking at the National Association of Chinese Shipowners' members' meeting, Dr Tsai said: "Yang Ming hasn't had to revamp its shipping schedules and isn't exposed to hefty port fees in either the US or China."
Imabari Shipbuilding delivers 64,000 DWT bulk carrier "BELFORTUNE" Imabari Shipbuilding completed the 64,000 DWT bulk carrier BELFORTUNE at its Head Office & Imabari Shipyard. The vessel is a handy-max size bulk carrier built under Common Structural Rules (CSR BC & OT). Cargo Holds and Handling Each cargo hold has topside and hopper tanks, allowing the ship to load diverse cargo types such as grain, coal, ore, cement, steel coils, and long steel. The vessel feat
Wärtsilä to build Australia's largest DC-coupled battery system Wärtsilä will deliver Australia's largest DC-coupled hybrid battery system, its second in the country. The system will power up to 120,000 homes and businesses and strengthen the National Electricity Market (NEM). The order will be booked in Q4 2025. DC-coupled technology directly links solar generation with battery storage via a DC/DC converter. This reduces energy losses, captures more solar po
VIKING to supply new patrol vessels to Norwegian Customs Service Strengthening Maritime Law Enforcement VIKING Life-Saving Equipment, a global leader in maritime safety solutions, has signed a contract with Tolletaten (the Norwegian Customs Service) to deliver a new fleet of high-performance patrol and fast response boats. The new vessels will enhance Tolletaten's maritime enforcement and inspection capabilities across Norwegian waters. The deal further streng
KLN Medical becomes exclusive distributor for Siemens Healthineers in Hong Kong Strategic Partnership Strengthens Healthcare Offerings KLN Logistics Group Limited (KLN; Stock Code 0636.HK) has announced a strategic partnership between its healthcare subsidiary, KLN Medical Limited, and Siemens Healthineers AG (Stock Code SHL.DE), a global leader in medical technology. Under this agreement, KLN Medical will serve as the exclusive distributor for Siemens Healthineers' Point-of
Singapore and China sign agreement to establish green and digital shipping corridor The Ministry of Transport of Singapore and the Ministry of Transport of China have signed a Memorandum of Understanding (MoU) to establish the Singapore-China Green and Digital Shipping Corridor (GDSC). The agreement, signed on 19 October 2025 by Singapore's Acting Minister for Transport Mr. Jeffrey Siow and China's Minister of Transport Mr. Liu Wei, marks a significant step in strengthening bila
Ryder posts strong Q3 2025 results on solid growth and cash flow Ryder System, Inc. (NYSE: R) reported strong third-quarter 2025 results, driven by steady demand and disciplined cost control. The company earned $3.33 per share (GAAP) from continuing operations, up from $3.27 a year ago. Comparable EPS (non-GAAP) rose 4% to $3.57 . Total revenue reached $3.17 billion , while operating revenue grew 1% to $2.61 billion . Free cash flow jumped to $496 million , mo
ONE launches new Maldives feeder service Ocean Network Express (ONE) has announced the launch of its new Colombo-Male Feeder Service, designed to strengthen connectivity between the Maldives and key global trade routes across the Indian Subcontinent, Middle East, and the Americas. This new service has been introduced in response to growing demand for reliable and efficient shipping solutions, enabling customers to benefit from enhanced
Hapag-Lloyd and DHL sign agreement Hapag-Lloyd and DHL Global Forwarding have signed a three-year framework agreement to accelerate the decarbonization of global supply chains through the use of sustainable marine fuels in Hapag-Lloyd's fleet. Under the deal, DHL will purchase Scope 3 greenhouse gas (GHG) emission reductions generated by Hapag-Lloyd's "Ship Green" program. The first order, executed in July 2025, covered 25,000 ton
Ship sinks after collision with Wan Hai vessel, two seafarers missing Two seafarers are missing after a Wan Hai container ship collided with general cargo vessel outside China's Nansha port. On 25 October, around 8pm local time, the 13,000 TEU Wan Hai A17, which served the Taiwanese operator's Asia-US East Coast route, allegedly hit the 8,316 GT Hai Li 5, causing the latter vessel to capsize
Maersk to move all pre-pickup booking amendments online A.P. Moller - Maersk has announced a key step in its ongoing digital transformation strategy, shifting all booking amendment requests submitted prior to empty container pickup to its digital platforms starting December 1, 2025. From this date, customers will need to make amendment requests through Maersk.com, EDI, or INTTRA, streamlining the process for improved speed, transparency, and accuracy.
Marsa Maroc and CMA CGM partner to operate Nador West Med Container Terminal Marsa Maroc and CMA Terminals, a subsidiary of the CMA CGM Group, have finalized an agreement to jointly operate the West Container Terminal at the Port of Nador West Med, a new strategic hub on Morocco's Mediterranean coast. A joint venture, owned 51% by Marsa Maroc and 49% by CMA Terminals, will manage and develop the terminal. The agreement, subject to regulatory approval, marks a key mileston
Grimaldi welcomes the ammonia-ready Grande Melbourne New vessel joins Asia-Europe service with major environmental and capacity upgrades The Grimaldi Group has officially welcomed the Grande Melbourne , its newest ammonia-ready Pure Car and Truck Carrier (PCTC). The vessel was named and delivered on 22 October at a ceremony in Shanghai. The Grande Melbourne is the third of seven next-generation PCTCs commissioned from Shanghai Waigaoqiao Shipbuildi
Cabotage geopolitics as a new leverage for India India's aggressive pursuit of ship reflagging by global containerlines signals a strategic convergence between cabotage enforcement, maritime infrastructure development, and commercial power projection
Huarong Leasing lines up newcastlemax newbuild brace China's Huarong Financial Leasing has signed up for two newcastlemax bulk carriers at Taizhou Kouan Shipbuilding, marking its first newbuilding move in the segment and a rare order for the yard. The leasing company said the 210,000 dwt newbuildings will cost $71m apiece, with delivery likely scheduled for 2029. No information has been released about ...
Metrostar sails out of crude trade with double suezmax sale Greek shipowner Metrostar Management has sold its final two suezmax tankers to compatriot Delta Tankers, marking its full exit from the crude carrier business. Brokers said the Theodore Angelopoulos-led outfit has offloaded the 2021-built, 156,800 dwt Crude Levante and Crude Zephyrus, both constructed at New Times Shipbuilding in China, for about $78m each, or $156m ...
Why realism, not rhetoric, will drive shipping's path to net zero Philippos Ioulianou, managing director of EmissionLink, writes for Splash today. The decision by the International Maritime Organization to delay the Net-Zero Framework by a year has exposed deep divisions. What should have been a coordinated global effort toward decarbonisation has resulted in paralysis at the very moment the industry needs clarity and unity. The truth ...
Havila vessel gets more time with OceanPact Norwegian offshore vessel owner Havila Shipping has secured a contract extension with OceanPact for its subsea vessel Havila Harmony. The 2005-built vessel will remain with the Brazilian offshore vessel owner and services provider on a bareboat charter until the end of 2026. The financial terms of the latest deal are said to be in line ...
Yinson takes Maran VLCC Singapore's Yinson Production has quietly extended its footprint into the VLCC segment, sealing a deal with Greek powerhouse Angelicoussis Group for the 317,100 dwt Maran Antares (built 2012, Daewoo). The price remains undisclosed, though VesselsValue estimates the ship's market worth at around $68m - marking Yinson's youngest tanker purchase to date. It remains unclear whether ...
Engine room blaze knocks out power on Grimaldi car carrier A Grimaldi Euromed-owned car carrier has lost propulsion due to a fire in the engine room. The company said that the fire in the engine room of the 2003-built car carrier Grande Roma started around 10 pm local time on October 25, while exiting the English Channel. The crew of the Italian-flagged 5,379 ceu vessel ...
Ashdod port unveils infrastructure upgrade plan worth over $450m Israel's Ashdod Port Company has announced an infrastructure investment program valued at approximately NIS 1.5bn ($458m) to enhance efficiency and expand capabilities. The investment program includes a series of projects to modernise and optimise the port's facilities, with a focus on transforming quays into specialised terminals according to cargo segments. This specialisation is designed to ...
Helmut Sohmen, giant of global shipping, dies in Hong Kong One of the titans of global shipping, Dr Helmut Sohmen, passed away yesterday in Hong Kong at the age of 85. The Austrian presided over one of the world's largest shipping empires as chairman of World-Wide Shipping Group and later BW Group, before relinquishing the role to his son, Andreas Sohmen-Pao, 11 years ago. Born ...
Trump's Asia trip kicks off new era of allied shipbuilding Shipyard diplomacy is to the fore this week as Donald Trump tours Asia, with news of a significant Korean-US tie-up and more to follow from Tokyo where the US president is due to hold talks with new prime minister Sanae Takaichi. HD Hyundai, South Korea's largest shipbuilder, has announced a tie-up with American peer Huntington ...
Samsung Heavy celebrates commercialisation of its own LNG containment system Samsung Heavy Industries has delivered a 7,500 cu m LNG carrier to Korea Line equipped with KC-2C, a locally produced LNG cargo hold, fulfilling a long-standing aspiration for the nation's shipbuilding industry. The newbuild has successfully completed its maiden voyage, transporting LNG from Tongyeong to an LNG terminal in Jeju. KC-2C is a Korean cargo ...
US and Chinese port fees could be lowered amid latest trade truce The trade policy of US President Donald Trump goes through repeated cycles of escalation and de-escalation. The latest de-escalation has...
P&I clubs accused of 'Pontius Pilate approach' to pool scheme International Group affiliates using casualties of others to deflect from poor underwriting, Wilson Europe charges
Progress at IMO green talks despite MEPC delay Intersessional talks on the IMO's carbon price showed a contrast with the acrimonious MEPC talks from the week before, according...
MSC sells stake in ferry operator after competition investigation The Italian Competition and Market Authority said there was a link between Grandi Navi Veloci (also owned by MSC subsidiary...
The week in charts: No sign of Red Sea return despite ceasefire | High number of China-built ships still heading to US | Bulkers and gas carriers lead recycling sales Lloyd's List's weekly showing of the data and figures behind our news, analysis and markets coverage
Finance lessors need to factor in Songa Pride ruling, law firm contends Court of Appeal confirms owners do not have unlimited choice in port of repossession
Fire at ASL shipyard leaves 13 dead An earlier fire on board the same vessel at the yard killed four workers in June 2025
DP World opens logistics park in Egypt amid Red Sea traffic slowdown Second phase of park opening is expected in third quarter of next year
The week in newbuildings: China picks up 83% of orders Firm orders for two general cargoships, three tankers and 11 bulk carriers were signed in the past week, while Stena...
Two missing following Wan Hai boxship collision with bulker Thirteen of the bulker's 15 crew have been rescued, while search continues for two missing
Shipping must quickly adapt to the new world order Tempers are frayed among officials and industry leaders alike
Shipping's efficiency conundrum is getting harder to solve Lloyd's List editor-in-chief Richard Meade explains why the inefficiencies outside of shipping's control are just as much of a worry...
The Daily View: Nuke-washing
Daily Briefing Cosco-chartered boxship caught by Beijing's port fee retaliation on US vessels | European Commission confirms scrutiny of break with bloc's...
Shrinking capacity pushing up US reefer truck rates Growth in spot refrigerated (reefer) truck pricing is accelerating, especially for loads originating in Florida and Mexico, amid tougher licensing and immigration enforcement.
China trade talks give US soybean exporters hope US soybean exporters say the Trump administration's financial bailout of Argentina is "facilitating" that country's growing threat as a competitor to US growers.
LNG increasingly alternative fuel of choice for container lines With other low-emissions bunkers like methanol still in short supply, vessel operators are turning to dual-fuel LNG container ships as a transitional step toward a zero-carbon future by 2050.
MPV operators adapt to congestion by shifting to alternative ports, digital tools Congestion at Rotterdam and other North European ports such as Hamburg has been exacerbated by the increase in breakbulk and project cargo volumes from industrial and energy projects, which leaves ports struggling to cope.
Shipping shares mostly rise as trade deal optimism pushes US stocks to record highs Golar LNG and Matson lead gainers as Nadsaq and S&P 500 find new heights
'We must provide certainty amid uncertainty': Seaspan chief calls for steady course after IMO delay Chinese industry figures say China's renewable energy boom can anchor the shipping industry's green transition despite IMO setback
Odfjell's Jensen named new head of Maritime Anti Corruption Network Odfjell's sustainability officer Oistein Jensen takes role as MACN chair
New board revealed at Maritime Anti Corruption Network Odjell's sustainability officer Oistein Jensen takes role as MACN chair
CMB.Tech wins bitter fees battle with investment bank over Gener8 Maritime merger Judge rejects near $12m claim for work on two-year deal to create crude tanker giant
Storage tanker fire in ASL Marine's Batam shipyard kills 13 Second fatal blaze on FSO in four months
ABS hires 'seasoned leader' and M&A veteran to take CEO post at consulting wing ABS Group of Companies taps Hitachi Consulting's David Wechsler
Plenty more to come from 'messy' suezmax tanker market as tonnage remains tight, brokers say Fixture volumes below what would normally be expected in busiest part of November window
Faerder Tankers advances charter discussions for dual-fuel ammonia newbuildings CEO targets delivery of ships in 2028 and 2029
Thenamaris sells suezmax tanker in deal with Chinese shipowner Greek shipowner has now sold nine ships so far this year
Furetank sells first dual-fuel LNG chemical tanker Swedish owner says ship started movement towards fossil-free operations
Sanctions crackdown leaves one in three aframax tankers in the global fleet on blacklist Sanctions experts say measures against oil giants Lukoil and Rosneft may have more impact
KCC could prolong life of 24-year-old combination carriers Fearnley Securities sees earnings upside to trading 2001-built vessels next year
Hanwha Ocean expects LNG carrier sales to be key contributor to profit in 2025 Shipbuilder is bullish on VLCCs and container ships but trade tensions and IMO delay are disrupting factors
Oil on Angelicoussis suezmax tanker fails to reach US-sanctioned Serbian refinery Kazakh crude has not reached Serbia's only refining plant, Kpler says
MSC sells stake in ferry company Moby in deal with Italian regulator Agreement paves way for asset sales to pay loan following year-long cartel investigation
Abu Dhabi owner moves into VLCC sector with deal for veteran tanker AD Ports shipping arm follows up LR1 deal with acquisition of 2004-built crude vessel
World's largest capesize spot charterer hires new head Damon Rayfield returns to Rio Tinto after four-year stint at Berge Bulk
Fire takes out engine on Grimaldi car carrier in English Channel Tug reaches drifting Grande Roma off the coast of France
Vale iron ore production ramps up to pre-dam disaster levels Disaster has had a years-long impact on Brazilian miner
IMO faces tough task to reverse net-zero opposition with handful of member states holding power Voting data shows the push for a delay in decarbonisation programme had powerful backers
Two HD Hyundai shipyards to launch as merged entity Farewell Mipo, hello bigger and broader version of HD Hyundai Heavy Industries
US-China truce could relieve pressure on VLGCs in uncertain market, analysts believe Fearnley Securities says latest talks are a positive for shipping
'Genuine world first': Rolls-Royce tests pure methanol marine engine Company will target ferry operators and offshore vessel owners
Fire at ASL Marine's Batam shipyard claims 13 lives An earlier blaze in June had taken four lives
Huarong Financial Leasing inks newcastlemax bulkers at cut-price deal Taizhou Kouan Shipbuilding is scheduled to deliver the two bulkers in 2029
DNV sets up $200m fund for research into autonomy and societal risks Class society supporting external projects in the Nordic region
Tor Olav Troim's Bruton firms up extra VLCC newbuildings in China Oslo-listed venture converts letters of intent to final contracts after a week
Warning to shipowners as pirate mothership and skiffs sighted off Somalia No activity had been reported in former hotspot since April
Tor Olav Troim's Bruton firms up extra VLCC newbuildings in China Oslo-listed venture converts letters of intent to final contracts after a week
Shipping titan Helmut Sohmen dies at the age of 85 Former World-Wide Shipping chairman was instrumental in forging today's giant BW Group
Flex LNG downgraded as DNB sees 'heightened' backlog risk in soft freight market The firm contract period on several vessels is coming to an end
China-US talks breakthrough offers hope for shipbuilding and trade deal Trade deal expected after Xi and Trump meet in South Korea on Thursday
Fire at ASL Marine's Batam shipyard claims 13 lives An earlier fire on 24 June had taken four lives
Huarong Financial Leasing orders newcastlemax bulk carriers at new low price Taizhou Kouan Shipbuilding is scheduled to deliver two 210,000-dwt bulkers in 2029
Kalitta Air deploys 1st 777 converted freighters for dedicated customers Kalitta Air is the first airline in the world to fly a used Boeing 777 aircraft that has been modified for all-cargo activity. Its first customers are DHL Express and an Israeli airline.
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