VIDEO: Saronic breaks ground for Port Alpha Austin, Texas, headquartered autonomous surface vessel (ASV) and shipbuilding innovator Saronic Technologies continues to move ahead at speed - and to make headlines. Yesterday, less than three months after announcing that it
Newport News awarded $5 billion contract for CVN 75 RCOH HII (NYSE: HII) reports that its Newport News Shipbuilding division has been awarded a $5,099,973,132 contract for the refueling and complex overhaul (RCOH) of nuclear-powered aircraft carrier USS Harry S. Truman (CVN
Metal Shark wins Vietnam patrol boats contract Jeanerette, La.,-based boatbuilder Metal Shark has been awarded a U.S. Government contract to build 13 patrol boats for the Vietnam Coast Guard with options for additional vessels. Metal Shark says that the
C&C Marine delivers Capt. Pete Ciaramitaro towboat to Southern Devall C&C Marine and Repair, Belle Chasse, La., has delivered the M/V Capt. Pete Ciaramitaro, a 2,600-horsepower inland towboat, to Southern Devall in Memphis, Tenn. The vessel is the first delivery from C&C
Navy awards contracts for 30 MUSVs to three shipbuilders Moving right along on its plans to rapidly acquire large numbers of unmanned surface vessels, the U.S. Navy has awarded Production Other Transaction Authority (OTA) agreements for 30 Medium Unmanned Surface Vessels
FERRIES 2026: Artemis returns with real-world lessons on hydrofoiling electric ferries As ferry operators look to renew aging fleets while confronting decarbonization targets, rising operating costs and changing passenger expectations, new vessel technologies are attracting increasing attention. But moving those technologies from concept
Hiab upgrades ProCare services with AI-driven fleet monitoring Hiab has introduced the next generation of its ProCare lifecycle services portfolio, adding remote diagnostics, real-time monitoring and AI-driven predictive insights to support fleet maintenance and equipment availability. The renewed portfolio combines maintenance services with connected equipment and data analytics, as Hiab looks to help fleet operators reduce unplanned downtime and gain great
Sea-Intelligence: Global Schedule Reliability Continues to Plummet in August Sea-Intelligence has published issue 181 of the Global Liner Performance (GLP) report , with schedule reliability figures up to and including August 2026. In the backdrop of severe port congestion in Asia, global schedule declined sharply M/M for the second consecutive month, with the latest M/M decline of -5.9 percentage points dropping the August figure to 49.9%; the lowest point since Septembe
Port of Bilbao strengthens reefer logistics links with new Americas services The Port of Bilbao is strengthening its position in temperature-controlled logistics, supported by two new direct container services connecting the Spanish port with markets across the Americas. The new connections include a service linking Bilbao with the west coast of South America, with calls in the Dominican Republic, Colombia, Panama, Peru and Chile, alongside another direct service with Can
Explainer: Why more warships won't decide the Red Sea Europe's escort mission has run out of frigates just as container lines flood back to Suez. The two stories are far less connected than they appear. Merchant ships are queuing off Djibouti for a naval escort through Bab el-Mandeb, and Europe cannot supply one fast enough
Maersk revises Fremantle equipment positioning charges Maersk will revise its import and export Equipment Positioning Service charges for all container types moving through Fremantle, Australia. The new tariffs will apply from 1 October 2026 for non-regulated countries and 23 October 2026 for regulated countries. Charge Port Container type Previous rate New rate Equipment Positioning Service - Import (POI) Fremantle All containers AUD 210 AUD 234 Equ
Lloyd's Register and Jurong Port revise cargo securing guidelines Lloyd's Register (LR) and Jurong Port have revised guidelines for the stowage and securing of steel and general cargo. The updated guidance aims to improve personnel safety. It also seeks to reduce cargo damage and make discharge operations more efficient. According to LR, poor stowage and inadequate securing remain a problem across the industry. Inconsistent cargo preparation can also lead to da
ONE launches weekly Poland-Egypt service Ocean Network Express (ONE) will launch a new weekly service connecting Poland, Germany and Egypt. The Poland Egypt Express (PEX) will expand ONE's coverage between the Baltic, Northern Europe and Egypt. It will also complement the carrier's existing Levant Express service. The new service will operate on the following rotation: Gdansk - Bremerhaven - Alexandria Alexandria will be served on the s
Valenciaport advances project with floating solar and wave power installations The Port Authority of Valencia is advancing the RENMARINAS project, awarding construction management and health and safety coordination services for two renewable energy installations at the ports of Valencia and Sagunto. The contract has been awarded to APPLUS NORCONTROL and covers two distinct actions with a combined execution period of 13 months. At the Port of Valencia, the awarded scope cove
Savannah's Ocean Terminal renovation passes 60% completion Renovations at the Port of Savannah's Ocean Terminal are now more than 60% complete. Georgia Ports Authority (GPA) is investing US$1.6 billion in the project. Once completed, the upgraded terminal will have an annual container capacity of 1.75 million TEUs. This compares with 200,000 TEUs before the redevelopment. Meanwhile, GPA has completed the terminal's 2,650-foot berth. The upgraded berth is
Why shipping's 2026 record is built on old foundations and new risks The ClarkSea Index, Clarksons' cross-sector measure of shipping earnings, set its third consecutive all-time high in late September 2026 at US$66,421 a day. That is more than 50% above end-August levels and nearly three times the long-term average
CMA CGM raises Asia-Mediterranean FAK rates CMA CGM has announced higher Freight All Kinds (FAK) rates from Asia to the Mediterranean and North Africa. The new rates will apply from 19 to 31 October 2026. Destination 20-foot container 40-foot and 40-foot high cube West Mediterranean US$3,600 US$4,600 Adriatic US$3,700 US$4,700 East Mediterranean US$3,900 US$4,900 Black Sea US$3,900 US$4,900 North Africa US$5,200 US$6,900 The rates cover sh
New rail service of port of Gothenburg with Asian and MENA markets The first train on a new rail service for Swedish timber producer Fiskarheden has departed from Malungsfors bound for the Port of Gothenburg, carrying sawn timber destined for markets in Asia, the Middle East and North Africa. The service departs every other Monday, carrying 44 forty-foot containers per departure, with capacity to expand if demand grows. Fiskarheden exports approximately 90 perce
Port of Piraeus reports revenue decrease in first half 2026 Piraeus Port Authority reported total revenues of EUR 111.9 million for the first half of 2026, a decrease of 8.9% compared to EUR 122.8 million in the same period of 2025. Net profits after taxes amounted to EUR 35.4 million, down 24.4% from EUR 46.7 million in the first half of 2025. Despite the earnings decline, total assets reached EUR 750.3 million, an increase of 8.8% compared to end-2025,
Different Types of Shipping Containers Explained Shipping containers come in a range of sizes and formats, each suited to different types of cargo, storage and handling requirements. Understanding the main types of shipping containers can help you narrow down the right option for your needs. In this guide, we'll look at the most common container types, how they differ and what each one is typically used for. What are the Main Types o
Are Digital Freight Platforms Putting Your Business Data at Risk? Digital freight platforms streamline shipping and logistics for countless businesses, but they can create security risks. Platforms must collect user data to function: locations, shipment types, and other details. Providing data is part of using platforms, and you trust the software to keep it safe. Yet hackers can gain unauthorized access to your account and steal your data for their own gain. B
Parallel Systems and Agility plan autonomous freight rail deployment across GCC Parallel Systems and Agility have signed a strategic agreement to develop and deploy autonomous freight rail systems across the GCC, the wider EMEA region and other international markets. The collaboration will combine Parallel's battery-electric rail technology with Agility's logistics and infrastructure capabilities. The companies will initially identify priority freight corridors where the sys
Indian Register of Shipping approves Volteo Maritime electronic record book Indian Register of Shipping (IRS) has granted type approval to WAYSHIP, an electronic record book developed by Volteo Maritime for digital record-keeping onboard ships. The approval covers a range of statutory records traditionally maintained onboard through physical documentation. By moving these records into a digital environment, the system is designed to improve access to operational informat
Hanwha Ocean secures ABS approval for 60 MW floating data center Hanwha Ocean has received approval in principle (AiP) from ABS for the concept design of a 60 MW floating data center. The project combines Hanwha Ocean's shipbuilding and offshore engineering expertise with infrastructure designed to address some of the land, power and cooling constraints associated with conventional data centers. The approval remains at the concept stage, with no construction o
Israeli authority closes review of original $4.2 billion Hapag-Lloyd-ZIM deal structure Israel's Government Companies Authority has ended its review of the original structure of the proposed $4.2 billion acquisition of ZIM by Hapag-Lloyd and FIMI, according to Calcalist. The decision does not formally reject the transaction. However, the original application is no longer considered valid, meaning that any materially revised structure would require a new application and a fresh revie
Maersk updates intermodal fuel fees across five Balkan markets Maersk has announced revised Intermodal Fuel Fee levels for truck transportation in Bosnia and Herzegovina, Montenegro, Croatia, Serbia and Slovenia. The updated Export Fuel Surcharge and Import Fuel Surcharge levels will apply from 1 October 2026, based on the delivery date, and remain in force until further notice. The revised charges are: Country Truck surcharge Bosnia and Herzegovina 14% Mont
Hapag-Lloyd opens new office in Namibia Hapag-Lloyd will establish its own local presence in Namibia with the opening of Hapag-Lloyd Shipping Namibia in Walvis Bay on 1 October 2026. The new office will provide customers with direct local support while connecting operations in Namibia with the carrier's wider African and global network. As part of the transition, Hapag-Lloyd Namibia will assume operational responsibilities from Inchcap
Maersk sets intermodal fuel fee across Australia and New Zealand Maersk has set its Intermodal Fuel Fee at 27% across selected Australian states and New Zealand from 1 October 2026. The Export Fuel Surcharge and Import Fuel Surcharge apply to landside transportation services. Maersk initially introduced the fee on 16 March 2026. The October levels are: Country State or market Intermodal fuel fee Australia Victoria 27% Australia New South Wales 27% Australia Qu
CMA CGM adds reefer surcharge from South America to North Europe CMA CGM will introduce a Peak Season Surcharge (PSS02) of US$800 per container on reefer shipments from Chile, Peru and Ecuador to North Europe. The surcharge will apply according to the following schedule: Origin Destination Cargo Effective date Amount Chile and Peru North Europe Reefer 15 October 2026 US$800 per container Ecuador North Europe Reefer 24 October 2026 US$800 per container The appl
Maersk introduces cooling service charges for Namibia cargo Maersk is introducing origin and destination cooling service charges for reefer equipment moving between Namibia and worldwide markets through three South African ports. The charges will apply to ALL_REEF (NOR-N) containers transported by truck via Cape Town, Durban or Port Elizabeth. The new tariffs take effect on 23 September 2026 for non-regulated countries and 22 October 2026 for regulated co
Norden: The capital shift from tankers to dry cargo Jan Rindbo says today's fragmented shipping markets demand flexibility, with tanker exposure being reduced as dry bulk offers a more attractive balance of risk and reward. Shipping's fragmented markets are moving through very different stages of the cycle, and for Norden chief executive Jan Rindbo, that is increasingly shaping where the Danish shipping group puts ...
How maritime influencers are transforming brand storytelling at sea Chloe Buchanan, head of PR & social media at The MTM Agency, writes for Splash today. When we talk about influencers, maritime probably isn't the first industry that springs to mind. But perhaps it should be. Influencer marketing has moved a long way beyond its beauty, fashion and lifestyle roots. We're now seeing creators become ...
China Merchants locks in $2.8bn Simandou VLOC contract China Merchants Energy Shipping has locked in a major piece of the emerging Simandou iron ore trade, signing a 25-year transport agreement worth at least $2.8bn. Shanghai-listed CMES said that its dry bulk arm, Hong Kong Ming Wah, has signed the long-term transportation agreement with a customer covering six very large ore carriers (VLOCs), with ...
Chartering's AI revolution brings competitive edge back to people The paradox confronting modern chartering desks is becoming increasingly clear: the more data and technology everybody gets, the harder it becomes to differentiate. That was one of the central themes to emerge from the Chartering Spotlight at last week's Splash Singapore, where charterers, operators and technology providers debated how AI, transparency and increasingly sophisticated data ...
IWS orders four CSOVs in offshore wind expansion Integrated Wind Solutions is expanding its offshore wind vessel fleet with four new Skywalker-class commissioning service operation vessels in a €260m ($295m) order at China's Nantong Rainbow Offshore & Engineering Equipment. The Oslo-listed company said its IWS Fleet subsidiary has signed fixed-price turnkey contracts for the four CSOVs, which are scheduled for delivery during 2029 ...
BOMESC wins FPSO topsides deal from SBM Offshore Chinese offshore engineering contractor BOMESC has secured a contract worth between RMB1.6bn and RMB2.1bn ($225m and $295m) from SBM Offshore for work on an FPSO destined for South America. BOMESC said its wholly owned subsidiary Tianjin BOMESC Offshore Engineering had signed the contract with Single Buoy Moorings, SBM Offshore's operating subsidiary. The scope covers the ...
COSCO Shipping Specialized Carriers piles on 14 heavylift newbuilds COSCO Shipping Specialized Carriers is pressing ahead with another major fleet expansion, lining up 14 more 60,000 dwt multipurpose heavylift ships through a mix of owned newbuildings and long-term bareboat charters. The Shanghai-listed unit of COSCO Shipping Group has approved eight vessels at COSCO Shipping Heavy Industry's Dalian yard for up to RMB2.624bn ($392m), or ...
Erasmus keeps China boxship spree rolling Athens-based Erasmus Shipinvest has returned to CSSC Huangpu Wenchong for another pair of 1,900 teu containerships, taking its firm programme with the Guangzhou-based builder to eight ships. The John Su-led owner signed the latest contract with the yard and China Shipbuilding Trading this week. The two ships are follow-ons to a pair of the same ...
NYK buys into North Sea CO2 storage project Japanese shipping giant NYK Line is moving beyond transporting captured carbon into the storage business, agreeing to acquire a 30% stake in Norway's Trudvang CCS project. NYK has signed a deal with Vår Energi CCS for a 30% interest in Trudvang CCS ANS and the corresponding share in CO2 storage exploration licence EXL007 on the ...
Precious returns to Taizhou Sanfu with $142m ultramax quartet Thailand's Precious Shipping has returned to China's Taizhou Sanfu Ship Engineering for another four ultramax newbuilds in a deal worth $141.8m. The Khalid Hashim-led owner has signed contracts for four 64,500 dwt bulkers priced at $35.45m each, with deliveries scheduled for April, July and October 2030 and January 2031. The latest ships are slightly larger ...
COSCO injects $253m into LNG arm COSCO Shipping Energy Transportation is putting another RMB1.7bn ($253m) into its LNG investment vehicle as the Chinese shipping giant continues to build out its gas carrier portfolio. The Shanghai- and Hong Kong-listed owner said its board approved the cash injection into Shanghai COSCO Shipping LNG Investment, with the money coming from the company's own funds ...
Why trust still beats technology in chartering AI is taking over more of the science behind fixing ships, but the art of knowing who and what to believe still rests with people. Willem Vermaat reflects on his time on stage last week at Splash Singapore. Last week I sat on a panel at Splash Singapore, representing Heidelberg Materials Trading, discussing how AI, ...
$90m for near-17-year-old non-eco suezmax The tanker S&P market continues to deliver eye-catching prices. A sale has raised eyebrows among brokers who report a non-eco suezmax selling for $90m - a price difficult to imagine only weeks ago. The deal involves Greek shipping heavyweight George Procopiou's Dynacom Tankers, selling the 150,000 dwt Karolos (built December 2009 at New Times Shipbuilding in ...
Gulf crude exports rebound sharply Middle Eastern crude exports have staged a dramatic recovery in September, with tanker movements through the Strait of Hormuz rebounding while Saudi Arabia simultaneously restarts its alternative Red Sea export route. Updated Kpler data cited by Reuters put crude exports from Saudi Arabia, the UAE, Iraq, Oman, Qatar, Kuwait and Iran at 16.33m barrels per ...
Oldendorff puts process before tech in port DA overhaul Oldendorff Carriers has overhauled its port disbursement account processes across its 800-vessel bulk fleet, using HarborLab technology to support a newly standardised workflow rather than simply digitising existing practices. Under its Streamline Port DA initiative, the German owner has standardised how proformas are validated, how disbursement accounts are approved and how discrepancies are esc
Dry bulk fundamentals click into place Dry bulk's fundamentals are beginning to line up in a way the market has not seen for years, with cargo growth, longer voyages, firm period rates and rising asset values all providing support across a sector that tends to accelerate in terms of earnings in most Q4s. New research from Greece's Ursa Shipbrokers calculates that ...
MSC fleet and orderbook smash through 10m teu Mediterranean Shipping Co's extraordinary expansion has passed another scarcely believable milestone: its existing fleet and firm orderbook now comfortably exceed 10m teu, roughly equivalent to the capacity of the entire global liner industry just 20 years ago. Alphaliner data puts MSC's operated fleet at about 7.4m teu, representing 21.5% of global liner capacity, with its ...
Israel sends Hapag-Lloyd back to drawing board on ZIM The $4.2bn Hapag-Lloyd takeover of ZIM is not formally dead, but the transaction agreed in February has effectively been sent back to the drawing board after Israeli authorities stopped reviewing the existing structure. Israel's Government Companies Authority informed ZIM on Tuesday evening that it had ended consideration of the original application covering the proposed sale ...
First Somali piracy crew deaths in over a decade Five seafarers were killed by Somali pirates before Puntland security forces recaptured the hijacked product tanker Honour 25, marking what appear to be the first crew deaths at the hands of Somali pirates in more than a decade. Puntland's information ministry said three Pakistanis, one Indian and one Myanmar national were killed before forces boarded ...
COSCO completes first supramax-to-boxship conversion COSCO (Guangdong) Shipyard has completed the first of at least two conversions turning supramax bulk carriers into containerships, according to Alphaliner. The 53,000 dwt Pu Tuo Hai, a 2007-built Diamond 53 bulker, entered the Guangzhou yard on June 10 and emerged a little over three months later as the 2,528 teu Singapore River. The ship ...
Seven Island Shipping fleet value passes the half-billion mark Mumbai-based Seven Islands Shipping has emerged as the taker of the 50,000 dwt MTM Mississippi (built 2006), a ship that has been renamed Inspire. A price tag of close to $15.5 m has been attached to the deal.The ship was sold by MT Maritime. The acquisition marks the second MR move this year by the ...
JD.com arm plans Abu Dhabi logistics hub JD.com's infrastructure investment arm JINGDONG Property has signed an agreement with AD Ports Group's KEZAD business to develop a 150,000 sq m logistics facility in Abu Dhabi. The warehousing complex will be developed in KEZAD Area A at Al Ma'mourah, which has direct access to Khalifa Port. Delivery is targeted for 2028. The facility will ...
The Daily View: Adaptation, workarounds and high-risk transits
LNG industry starts to wonder if Qatari gas will ever truly come back No one knows when a lasting reopening of the Strait of Hormuz can happen. But gas industry watchers have started...
P&I clubs can't rely on investment returns forever, Lockton says On one hand, IG affiliates are sitting on $7bn in free reserves. On the other, they lost $177m in their...
Malaysia rejects responsibility for shadow fleet STS transfers beyond port limits Malaysia's transport minister has rejected claims that Kuala Lumpur is responsible for policing shadow fleet ship-to-ship transfers beyond its maritime...
Tankers bypass Hormuz transfer bottleneck as direct India deliveries emerge Growing congestion in the Gulf of Oman ship-to-ship transfer network is pushing some charterers and shipowners towards direct VLCC deliveries...
Trio of Hormuz attacks disclosed as US-Iran ceasefire talks fail Three previously undisclosed attacks on tankers transiting the Strait of Hormuz have emerged following the breakdown of US-Iran ceasefire negotiations...
September newbuild wave highlights container shipping's supply-side risk A potentially significant development is Offen Group's prospective return to the market, which if confirmed would be the German shipowners'...
Somali pirates abandon hijacked tanker Eureka as Puntland steps up enforcement Somali pirates have abandoned the hijacked tanker Eureka after nearly five months in captivity as Puntland security forces intensify operations...
Private fixtures mask underlying strength of boxship charter market Charter rates are expected to remain firm in the near term, supported by sustained vessel demand and limited supply
Cosco Shipping Specialized Carriers adds 14 heavylift multipurpose ships Eight owned newbuildings and six bareboat-chartered vessels will expand the carrier's capacity to facilitate exports of Chinese high-end manufacturing
Daily Briefing VLCCs resume Yanbu liftings as Saudi pipeline comes back online | Ten years of NOx Tier III limits have done...
Shipping paralyzed as part of Rhine hits historic low-water level Dry weather has steadily reduced navigable water levels on Europe's most important container and chemical transport artery to the point where barge transport has become largely unviable.
Truckload moves toward higher rate equilibrium as capacity tightens Transportation executives and analysts told Inland26 the market is moving away from the abrupt rate increases and capacity disruption that characterized the initial phase of the upcycle, shifting toward a more orderly repricing of truckload freight.
ONE to restructure Asia, Africa regional headquarters The carrier will establish a new Asia-Pacific regional headquarters in Singapore, with Africa to be managed from Dubai.
Hapag-Lloyd's revised bid for Zim may need to start again: reports Securing approval for the $4.2 billion deal has proven to be a difficult task, given Tel Aviv's framing of the Zim acquisition as a national security issue.
Hapag-Lloyd to resume Suez transits for India-USEC service: sources The carrier's apparent decision to return the TPI loop to the Red Sea/Suez route comes amid mounting industry pressure as several competing services have already made the move.
2020 Bulkers board approves AHTS acquisition and $175m share sale on eve of deal close Transaction for nine of 10 offshore vessels expected to close Thursday
Six VLOCs, 25 years and $2.8bn: China Merchants locks in Simandou freight deal Long-term agreement draws Hong Kong Ming Wah deeper into Guinea's iron ore megaproject
Will Glencore and US miners bring Venezuela back to coal-exporting big leagues? Trader and Peabody Energy reported to be leading push to strike coal deals in South American country after sanctions easing
Quartermaster funding round puts it more than halfway to coveted $1bn 'unicorn' status CEO wants more than 20,000 ships on SmartMast nework
Anegliki Frangou to finance crowd: Smart shipowners ready for any 'whether' In the quest for long-term success, shipowners need only acquire this one virtue
Capesize bulker spot rates slump to month low amid 'scant' fixture activity as futures inch higher All main cape trades experience softness, Baltic Exchange says
Tanker party: How three energy shipping kings celebrated at Capital Link Scorpio Tankers president Robert Bugbee strikes optimistic tone at Capital Link event
Israel sends $4.2bn Zim takeover back to the drawing board Zim says would-be German acquirer Hapag-Lloyd is preparing a new proposal
FLNG offers 'substantial' opportunity for new entrants, WoodMac says Seven floating LNG production projects greenlighted since 2023 as cost gap to onshore alternative closes
Union Maritime ties up four tankers to boost product power UK shipowner linked to term charters for LR2s and MR tankers
Mercuria secures slew of suezmaxes and product tankers with big name owners Trader and shipowner linked to charters for AET and EPS tonnage, among others
Evangelos Marinakis breaks new ground with €200m IPO in Athens New firm called Capital Maritime Finance will have 36 boxships on the water or under construction
V.Group adds 300 ships as it logs pre-tax profit UK-based management operation said 2025 tested the maritime industry in a variety of ways
Precious Shipping back in China with $140m order for bigger ultramaxes Thai owner says new design will boost efficiency
Evangelos Marinakis plots €200m container ship IPO on Euronext Athens New firm called Capital Maritime Finance (CMF) will have 36 boxships on the water or under construction
Weak watchkeeping and collision avoidance 'a concern', says UK ship safety chief Chief marine accident investigator calls on industry for more 'near miss' reporting to improve standards
Awilco-backed IWS orders four offshore wind newbuildings for $300m Owner secures options for four additional vessels
First Tangguh LNG steamship sold off with GMS named as buyer Eighteen-year-old, laid-up project vessel heading for further trading
Sanctioned tanker transporting Iranian oil identified as serial polluter New research reveals sanctioned tanker as one of 16 ships responsible for repeated oil discharges
Boss out at Norwegian battery maker Corvus Energy Change comes amid a wider management reshuffle at the company
Is there a cyber disinformation campaign targeting shipping? Maritime media part of a hacker cyber disinformation war
Maersk tops shipping in Forbes employer rankings BW Group is also a climber in annual rankings
Hoegh Evi signs up as co-investor for new FSRU-based Sarawak LNG terminal Floating energy infrastructure developer has scope to grow its role in projects after closing $1.85 bn refinancing transaction
Several ships attacked in Strait of Hormuz as Iran launches fresh strikes Three tankers impacted by 'unknown projectiles'
UKMTO reports barrage of ship strikes in the Strait of Hormuz One LNG and two tankers impacted by 'unknown projectiles'
Veteran VLCC fixed at nearly $2m per day in Middle East tonnage scramble Tankers International reports massive rate for AD Ports Group tanker
Hafnia and Torm merger 'clearly on the cards', claims Pareto Bank sees 'super profits' for product tanker owners
Chinese VLGC performs 'dramatic' U-turn to head to Middle East Vela Gas' diversion highlights resilience of demand in region despite security threats
Shipowner John Su stacks container ship orders to feed regional trade growth Erasmus ShipInvest has ordered two more 1,900-teu newbuildings at CSSC Huangpu Wenchong Shipyard
Iran losing its grip on Strait of Hormuz transits as tanker exports rise Traffic trend is rising as attacks continue in the disputed waterway
Seafarer injured after returning to abandoned MSC container ship Unanswered questions remain in case of the MSC Hermes III
Macquarie tops $2bn in Greece with new loan deals Bank finances Technomar and Adele Shipmanagement
Somali pirates kill five seafarers before tanker freed by security forces Deaths mark the first at the hands of Somali gangs for more than a decade
X-Press Feeders returns to tankers with suezmax order Liner owner and operator is said to be paying low $80m each for the series of 157,000-dwt tankers
Bulkers stand to reap rewards as India ramps up coal consumption Indian government orders coal plants to operate at maximum
Nearshoring growth collides with tightening US-Mexico trucking capacity SAN DIEGO - Nearshoring continues to drive freight between the U.S. and Mexico, but a shrinking pool of cross-border drivers, tougher customs enforcement and increasingly sophisticated cargo theft could make moving that freight more difficult and expensive, industry executives said Tuesday. The challenges were discussed during "The Nearshoring Update: USA-Mexico Freight" at Trimble Insight 2026 i
Another strong week for industrial rail freight U.S. weekly rail traffic totaled 537,397 carloads and intermodal units, up 4.85 compared with the same week a year ago, the Association of American Railroads (AAR) said. Traffic for the week ending September 26 totaled 235,787 carloads, up 3% compared with the same week in 2025, while intermodal volume of 301,610 containers and trailers was 6.3% higher compared to the same week in 2025. Seven of
LA jury convicts 2 in $2M nationwide cargo theft ring using purchased trucking companies A cargo theft scheme used established trucking companies to secure real loads before freight disappeared. Prosecutors tied the operation to at least $2 million in losses across the United States. High-value electronics, appliances, solar panels, shoes and tires became targets during the conspiracy. A federal jury in Los Angeles convicted two men Tuesday for participating in the operation. Arshpre
Harbinger lands $300M-plus FedEx order for 2,000 EV trucks Harbinger has received an order from FedEx for 2,000 all-electric trucks, a deal valued at more than $300 million, the Garden Grove, Calif.-based manufacturer announced Wednesday. The trucks are scheduled for delivery by the end of 2027 and will run in FedEx pickup and delivery operations across the United States and Canada. Harbinger calls the purchase one of the largest binding orders for elect
Ocean rates highest in a year amid US-China trade truce A two-month extension of the U.S.-China trade truce could postpone planned U.S. port fees on China-linked vessels, offering carriers and importers a temporary measure of policy certainty as trans-Pacific spot rates reach new annual highs, says an analyst. The agreement reached last week at a Washington meeting between President Donald Trump and Chinese President Xi Jinping extends the countries'
DoorDash launches retail returns service, self-designed drones DoorDash is entering the reverse logistics market and leaning heavily into drone delivery, announcing on Wednesday that it has launched a new retail returns service and a custom-built drone delivery system for time-sensitive orders in another modal expansion of its last-mile logistics network. They were among a series of product releases and enhancements, unveiled at a big user event, aimed at ma
Daimler Truck's bet on owning the entire autonomous truck system HANNOVER, Germany - Daimler Truck CEO Karin Rådström broke driverless trucking into two requirements: a chassis with redundancy built into steering and braking, and software that can replace the driver. Daimler Truck North America (DTNA) builds the first. Torc Robotics, Daimler Truck's independent autonomous-driving subsidiary, builds the second. "This setup differentiates us from any other playe
Port Houston container volumes edge higher as steel imports surge 54% Port Houston's container volumes edged higher in August as loaded imports continued to grow and steel imports surged more than 50% from a year ago. The port's public terminals handled 373,756 twenty-foot equivalent units in August, a 1% increase from 370,430 TEUs during the same month last year. Through the first eight months of 2026, container volumes totaled nearly 2.97 million TEUs, also up 1%
Cargo thieves are 'laundering freight' through the supply chain, Cornell warns Cargo thieves can steal a load, change its identity on paper and move it back into legitimate commerce. Scott Cornell, EVP, Crime and Theft Specialist at SPG Cargo & Logistics and chair of TAPA Americas , describes the process as "laundering freight." Cross-docks, warehouses, even a parking lot or side street where a load can be transferred, and replacement shipping documents can help disguise wh
St. Louis delivery companies Flanagan-White, Zipp Express merge operations Regional expedited delivery companies Flanagan-White and Zipp Express have merged, combining platforms and resources to provide an expanded Midwest footprint. Financial terms of the transaction were not provided. Flanagan-White has specialized in expedited delivery across the Midwest for nearly 50 years. It also focuses on hazmat and specialized transportation. The transaction is in conjunction w
Thieves steal PlusAI trailers with NVIDIA branding, get 40,000 pounds of sand instead Two PlusAI trailers disappeared overnight from the company's Fremont, California, warehouse on Sept. 24. One displayed both PlusAI and NVIDIA branding. Whoever took them broke the hand locks before pulling the trailers away from their docks. Inside sat something far less valuable than high-end technology: 40,000 pounds of sand. PlusAI discovered the equipment missing the following morning. Its ve
New bill proposes $100K cabotage fines, mandatory English tests for truckers A Texas congressman has introduced legislation that would require truck drivers to pass standardized English-proficiency tests to obtain or renew commercial driver's licenses. U.S. Rep. Brandon Gill (R-Texas), introduced Barron's Law on Monday, saying the legislation is intended to strengthen commercial trucking safety by ensuring drivers have lawful immigration status or proper employment author
ONE restructures in key ocean region Ocean Network Express will consolidate its East Asia and South Asia regional headquarters into a new Asia-Pacific headquarters in Singapore and centralize management of its East, West and South Africa markets in Dubai, effective April 1, 2027. The Singapore-headquartered container line that consolidates Japan's K Line, MOL and NYKsaid the Asia-Pacific regional headquarters will combine functions
National cargo theft blitz leads to arrests, $635K in recovered freight Cook County Sheriff's Police led a 24-hour operation targeting cargo theft networks across the United States. The National Supply Chain Blitz ran Sept. 23-24, according to an operational plan provided by Cook County. Federal, state and local authorities participated alongside railroad police and private security organizations. Teams coordinated enforcement and intelligence across multiple jurisdi
More oil out of the Gulf translating to lower prices Increasing reports of crude flows out of the Persian Gulf getting closer to pre-war levels is helping to push down oil prices. The benchmark retail diesel price used for most fuel surcharges has been impacted by that. The latest average weekly retail diesel price from the Department of Energy/Energy Information Administration was $6.382/g, down 14.7 cts/g. It's the first decline in four weeks and
Descartes launches AI agent for global trade data research Descartes Systems Group has launched an AI agent that allows users to search and analyze global trade data using natural-language questions, adding another AI-powered tool to the company's logistics technology platform. The company said the agent can reduce the time needed for global trade data research and analysis by up to 90%, depending on the user's experience and the complexity of the query.
Flexport launches MCP Server for AI agents to book freight Flexport launched a Model Context Protocol server on Tuesday that lets shippers' AI agents track, quote, and book freight on its platform. Businesses can connect Claude, ChatGPT, Microsoft Copilot, or their own internal agents and make requests in plain language. An agent can track shipments, surface exceptions or customs holds, search rates on any lane, or book outright, according to the company
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
