Britannia P&I Club: Illness linked to 81% of crew deaths More than four in five crew deaths reported to Britannia P&I Club were caused by illness rather than accidents, according to a new analysis of nearly 3,000 crew-related claims. Britannia's Crew Claims
Deltamarin advances ship design with hydrodynamic optimization Turku, Finland-headquartered Deltamarin is expanding its ship concept design capabilities through a collaboration with Norwegian engineering company Nocean focused on hydrodynamic optimization. The partnership combines Deltamarin's ship design and computational fluid dynamics,
FERRIES 2026 panel tackles funding for ferry projects Fleet modernization, infrastructure improvements, technological advancements and workforce development are necessary to keep ferry systems moving forward - but they come at a cost. How can ferry owners and operators find the
Op-Ed: Advancing inland mariner wellness Since the release of the U.S. Inland Mariner Wellness Assessment in January 2026 and its companion publication, Partnering to Advance Inland Mariner Wellness, in July, the Seamen's Church Institute (SCI) has continued
All American Marine delivers research vessel, the R/V Osprey All American Marine (AAM) announces the delivery of a 78-foot aluminum research vessel commissioned by the University of North Carolina Wilmington (UNCW). Following successful sea trials at AAM's Bellingham, Wash., facility, R/V
Pasha Group names Fitzgerald president and COO The Pasha Group (Pasha) has appointed Raymond Fitzgerald as president and chief operating officer (COO), effective October 1, 2026. In conjunction with this appointment, company owner George Pasha, IV has transitioned from
Titan, Sogestran partner on LNG bunker vessel Amsterdam-headquartered Titan Clean Fuels (Titan), part of Molgas Group, has entered into a long-term agreement with shipowner Sogestran Group for the construction, charter and operation of a new 6,000-cubic-meter LNG bunker vessel
ABS Innovation Summit spotlights AI, robotics in maritime From artificial intelligence and robotics to energy efficiency and digitalization, the technologies reshaping maritime took center stage at the ABS Innovation Summit during SMM 2026 in Hamburg, Germany, where shipowners, operators, technology
Inmarsat launches Maritime Safety Data Hub with new risk insights Inmarsat Maritime has launched a Maritime Safety Data Hub that combines distress call and safety broadcast data to identify risks affecting global shipping. The platform uses three years of Global Maritime Distress and Safety System (GMDSS) data. It also analyses 106,975 maritime safety broadcasts transmitted during 2025 . The research was carried out with supply chain consultancy SeaFocus. Weath
Strike disrupts empty container yard operations at Mundra Port A strike is disrupting empty container yard operations connected to Mundra Port in India, according to Hapag-Lloyd. Until further notice, the affected empty container yards have suspended: Empty container allotments for factory stuffing Empty container gate-ins CFS operations remain unaffected Container Freight Station operations at Mundra Port continue normally. Customers can therefore continue
MacGregor opens new service hub in Trieste MacGregor has opened a new service engineer hub in Trieste, Italy , expanding its service network in Europe. The new hub opened on 1 September 2026. It will increase MacGregor's engineering capacity and provide support for customers across the region. MacGregor expects the facility to be fully operational by the end of 2026. Trieste hub to support European customers MacGregor selected Trieste af
Maersk revises service fees for shipments to and from Greece Maersk will revise its export and import service fees for container shipments to and from Greece from 1 October 2026. The updated Export Service fee (EXP) and Import Service fee (IMP) will apply at Piraeus and Thessaloniki until further notice. Export fees from Piraeus Charge Origin Destination Container type Cargo New rate EXP Piraeus Worldwide All dry containers General and dangerous cargo €75
APM Terminals breaks ground on Laldia terminal in Chattogram APM Terminals has marked the official groundbreaking for APM Terminals Laldia in Chattogram, Bangladesh, transitioning one of the largest Public-Private Partnership investments in the country's history from signing to construction. The US$ 550 million project is the flagship outcome of a Government-to-Government partnership between Bangladesh and Denmark, with senior government leaders from both
MABUX: Bunker market volatility persists in September According to Sergey Ivanov, Director at MABUX, the global bunker market in August was shaped primarily by Middle East geopolitical developments, crude oil volatility, tight distillate and low-sulphur fuel supply, and regional imbalances in bunker availability. The key market drivers included: Middle East conflict and Strait of Hormuz: Hormuz restrictions remained the main source of market volatil
Maersk, CMA CGM and Hapag-Lloyd drive charter activity Containership charter activity remained strong among major liner operators, with Maersk, CMA CGM and Hapag-Lloyd among the carriers securing tonnage, according to the August 2026 edition of DynaLiners Monthly. The latest data show a charter market that remains firm in several vessel segments, although conditions vary significantly by ship size. While rates for some smaller and mid-sized container
When decarbonization policy outruns port infrastructure A UK Department for Transport report released in late August has quietly confirmed what analysis has been warning about for over a year: the gap between decarbonization ambition and physical infrastructure capacity has become the single largest obstacle to greening the shipping industry larger, in the near term, than any regulatory disagreement
Hapag-Lloyd raises West Mediterranean-Latin America rates Hapag-Lloyd will increase its ocean tariff rates from the West Mediterranean, including southern France and Greece, to the Caribbean, Central America and the west coast of South America. The new Hapag-Lloyd West Mediterranean-Latin America rates will apply to sailings with a tariffing date from 1 October 2026. They will remain valid until further notice. The increase covers 20- and 40-foot dry, r
RCL orders four energy-efficient Bangkokmax container ships Regional Container Lines (RCL) has ordered four energy-efficient Bangkokmax container ships, each with a capacity of 1,900 TEUs. The new vessels will strengthen the density and flexibility of RCL's core regional network. They will complement the company's larger newbuildings, which are designed to support its expanding mid-haul services. Together, the vessel investments form part of RCL's strateg
Explainer: Pressure, paralysis, and a corridor still on paper Sanctions are straining Tehran, traffic through the strait has collapsed to a handful of vessels a day, and a new Iranian-Omani corridor exists mostly on paper. None of it yet adds up to a new equilibrium. Three developments arrived in the same week, and each looked, at first glance, like a sign that the Hormuz crisis was moving toward resolution. Washington's economic pressure campaign appears t
Neptune Pacific simplifies local charge structure Neptune Pacific will simplify the presentation of local charges for imports and exports in Australia, New Zealand and Fiji from 1 October 2026. The Neptune Pacific local charge update will consolidate several existing charge codes into new invoice subtotals. The change only affects how the charges are described and grouped. Neptune Pacific confirmed that the total amount charged to customers will
MSC announces new North Europe-North America freight rates MSC has announced new freight rates from Northwest Continental Europe and Scandinavia/Baltic ports to the United States, Bahamas, Puerto Rico, Canada and Mexico. The revised rates will apply from 1 October 2026 until further notice. For shipments to the United States, Bahamas and Puerto Rico, the implementation will be based on the container gate-in date. For Canada and Mexico, the commercial sai
September 2026 issue of CN Magazine is out now The September 2026 issue of CN Magazine is now available through CN Premium , bringing essential container shipping news, analysis and industry insights together in one digital edition. This month's magazine examines the forces currently reshaping global shipping. It covers changing trade routes, geopolitical disruption, carrier performance, port developments and the latest shifts across liner ne
Fatal incident reported at CentrePort Wellington CentrePort has advised of a fatal incident at Wellington's port involving a worker employed by an independent stevedore. The port authority has extended its thoughts to the family of the worker, his colleagues, the independent stevedore and the CentrePort personnel involved in the initial response. CentrePort is supporting the independent stevedore, New Zealand Police and Maritime NZ as the safet
Evergreen expands electronic bill of lading access through Bolero Galileo Evergreen Line has expanded its electronic Bill of Lading (eBL) partnership with Bolero, making its eBLs available through the Galileo platform . The move will give more freight forwarders, shippers, consignees, logistics providers and financial institutions access to Evergreen's electronic trade documents. Galileo is operated by Bolero, a WiseTech Global company. Evergreen eBLs reach wider netwo
OOCL names second 24,000 TEU methanol dual-fuel containership OOCL has named OOCL Grace , its second 24,000 TEU methanol dual-fuel containership. The naming ceremony took place at the Nantong COSCO KHI Ship Engineering (NACKS) shipyard in China. OOCL Grace is the second of seven 24,000 TEU methanol dual-fuel vessels being built by NACKS for OOCL. The naming ceremony was successfully completed in the presence of leaders and guests. OOCL Grace follows OOCL Wi
Royal Wagenborg selects De Boer Marine for fleetwide digital upgrade Royal Wagenborg has selected De Boer Marine to upgrade connectivity, IT and cybersecurity across around 160 general cargo vessels. The multiyear programme will cover both owned and managed vessels. It aims to improve ship-to-shore communications, onboard digital systems and internet access for crews. Around 160 vessels covered De Boer Marine will provide an integrated digital package across the
KLN Logistics revenue rises 10% in first half of 2026 KLN Logistics Group reported a 10% increase in revenue for the first half of 2026, supported by growth across its logistics and freight forwarding businesses. Revenue reached HK$29.85 billion , compared with HK$27.21 billion in the same period last year. Core net profit increased 2% to HK$695 million , while profit attributable to shareholders rose 4% to HK$674 million. However, core operating pr
Höegh Autoliners orders six more Aurora class vessels Höegh Autoliners has ordered six additional Aurora class vessels as it expands its fleet renewal programme. The dual-fuel LNG and zero-carbon-ready vessels will be delivered between 2029 and 2031 . The new order will increase Höegh Autoliners' Aurora class newbuilding programme to 18 vessels . All vessels in the programme will be built by China Merchants Heavy Industry (Jiangsu) in China. Aurora
Port of Drammen joins Portchain Connect network The Port of Drammen in Norway has joined the Portchain Connect network . Greenport Services, which provides terminal operations at the port, will use the digital platform to improve berth planning with shipping lines. The system will give the terminal faster access to vessel schedules and help reduce manual communication. Portchain Connect to improve berth planning Portchain Connect allows termin
SK Oceanplant lines up up to eight aframaxes for Greek owner South Korea's SK Oceanplant has landed its biggest merchant shipbuilding deal in years, signing a Greek owner for up to eight aframax tankers worth around KRW800bn ($583m). The firm contract is for six 115,000 dwt newbuilds, worth around $430m, and comes with options for another two ships. The vessels will be built at SK Oceanplant's ...
Titan and Sogestran team up on Mediterranean LNG bunker newbuild Titan Clean Fuels has struck a long-term deal with France's Sogestran for a new 6,000 cu m LNG bunkering vessel, giving the Molgas-owned fuel supplier dedicated ship-to-ship capacity in the western Mediterranean. The vessel will be owned by Sogestran and built at Nantong CIMC Sinopacific Offshore & Engineering in China under a contract firmed last ...
GMI doubles hydrogen bulker programme Norwegian newcomer Green Maritime Infrastructure (GMI) Group has doubled its hydrogen-powered bulker programme to four ships, signing for another two newbuilds at India's Chowgule Shipyard. The latest pair will be around 3,000 dwt each and join two larger 4,000 dwt ships already under construction at Gelibolu Shipyard in Turkey. The first of the four is ...
Rolls-Royce expands marine emissions technology range Rolls-Royce has added a new exhaust after-treatment system for its mtu Series 2000 marine engines, completing IMO Tier III coverage across its main marine propulsion range. The selective catalytic reduction (SCR) system is being certified with UK exhaust technology specialist Eminox and is aimed at offshore vessels, ferries and other ships operating in nitrogen oxide ...
Tidewater completes $500m Brazil OSV takeover Tidewater has completed its $500m takeover of Wilson Sons Ultratug Offshore, adding 22 platform supply vessels and dramatically scaling up its position in Brazil. The Houston-based OSV giant closed the acquisition of Wilson Sons Ultratug Participações and affiliate Atlantic Offshore Services on August 31, six months after first announcing the all-cash deal. The acquired fleet ...
AFRY takes offshore role on $2.7bn Vietnam LNG-to-power project Sweden's AFRY has been brought in as an international technical adviser for the $2.69bn Thai Binh LNG-to-power development in northern Vietnam, including work on the project's floating terminal, subsea pipeline and offshore mooring infrastructure. The engineering group said that its scope covers offshore LNG receiving infrastructure, subsea gas pipeline systems, a submerged yoke mooring system, ...
Deep wins four-year TenneT offshore cable survey deal Dutch survey specialist Deep has secured a multi-year contract from TenneT covering annual integrity surveys across the transmission operator's offshore cable infrastructure. The Amsterdam-based company will carry out the campaigns annually between 2026 and 2029, using hydrographic and geophysical surveys to measure cable burial and identify seabed features or objects that could threaten cable in
Helix-Hornbeck merger takes effect after shareholder vote Helix Energy Solutions Group has completed its combination with Hornbeck Offshore Services after shareholders cleared the all-stock deal, creating a larger US offshore services group under the Hornbeck name. Helix shareholders approved the proposals required to complete the transaction at a special meeting and the merger became effective on September 1. The deal effectively brings ...
Ed Buttery buys into Taylor Maritime's final fleet sell-off Taylor Maritime chief executive Ed Buttery is buying into three of the company's remaining handysize bulkers as the London-listed owner pushes its fleet wind-down towards the finish line. Taylor Maritime has agreed two transactions worth a combined $48.6m that will reduce its owned fleet from five ships to just two. Most of the net proceeds ...
Maersk tipped to slide off liner podium Maersk could slip from first to fourth in the global liner rankings within the space of just six years as CMA CGM and COSCO continue to expand at a pace the Danish carrier has so far been unwilling to match. Having surrendered the liner crown to Mediterranean Shipping Co (MSC) in early 2022, Maersk is ...
ABS warns shipping's decarbonisation battle is shifting from prediction to execution Shipping's decarbonisation debate is moving beyond the search for a winning fuel, with owners now facing a much harder challenge around execution, capital allocation and preserving asset value as carbon costs rise and regulation fragments. That is the central message from ABS's 2026 Sustainability Outlook, Decision Point: Practical Pathways to 2035, which argues that the ...
LEDGID unveils portable seafarer identity platform Maritime technology company LEDGID has launched its seafarer service at SMM in Hamburg, giving crews a portable digital profile designed to follow them between employers. The platform allows seafarers to store certificates, sea time, training records, achievements, medical information and emergency details in one place, alongside a CV builder, job board and compliance tools. LEDGID's ...
Star Bulk readies Athens dual listing Petros Pappas-led Star Bulk Carriers is preparing to add Athens to its long-standing Nasdaq listing, becoming the latest major Greek shipping name to tap the country's resurgent capital market. Greek financial reports citing Beta Securities say the dry bulk giant is targeting September 9-11 for the transaction, with around €100m ($116m) of shares expected to ...
Lila Global doubles up on suezmaxes Lila Global is back in the market in wet, in what has become its favourite segment this year, adding its sixth tanker in 2026. Brokers are linking the outfit to the purchase of the 2010-built suezmax Cape Benat, the former Front Loki, for $62.5m.The ship will become Lila Global's second suezmax and also the second ...
Drone strike sparks fresh fire at Russia's Ust-Luga port A fresh Ukrainian drone attack has sparked a fire and caused damage at Ust-Luga, one of Russia's most important Baltic export ports. Alexander Drozdenko, governor of Russia's Leningrad region, confirmed damage inside the port zone early on Tuesday, with emergency services responding while the attack was still being repelled. Russian authorities claimed 44 drones had ...
Splash Singapore: Klaveness Digital's Ingrid Kylstad on shipping's AI debate For Ingrid Kylstad, managing director of Klaveness Digital, a useful maritime conference is not one where technology vendors take turns presenting at shipowners. It is one where senior industry figures challenge each other. "The format has a strong appeal; a room full of opinionated, senior figures in unscripted conversation," Kylstad says ahead of her appearance ...
Russia puts $116bn price tag on Arctic shipping ambitions Russia will need around RUB10trn ($116bn) by 2035 to turn its Arctic coastline into a fully fledged transport corridor, an investment bill of such scale that Moscow is likely to need substantial international participation, with China the obvious candidate. Rosatom chief executive Alexey Likhachev told Russian title Expert that development of the so-called Trans-Arctic Transport ...
Tanker hit by three projectiles in Hormuz A tanker has been struck by three unknown projectiles while transiting the Strait of Hormuz along the Omani side of the waterway, the latest attack on commercial shipping amid renewed US-Iran hostilities. UK Maritime Trade Operations said the incident occurred at around 20:00 UTC on Monday, approximately 17 nautical miles east of Khasab, Oman. The ...
SplashTech Digital Market Report 2026 SplashTech is a new magazine examining how technology is reshaping the way shipping operates, competes and makes decisions. Built around original interviews, industry data and practical case studies, it moves beyond hype to explore what actually works onboard and ashore. The magazine covers AI, digital ROI, interoperability, data ownership, cyber risk, workforce skills, consolidation, edge ...
Baltic consultation shows little support for MEG index changes The Baltic Exchange will stick to the status quo on Middle East Gulf freight benchmarks for the time being, after...
Continued scarce tonnage supply driving ship recycling prices higher Ship recyclers are battling for scarce tonnage as Pakistan offers strongest prices
Security eclipses decarbonisation as shipping leaders warn net zero progress is stalling Security has overtaken decarbonisation as shipping's foremost concern at SMM Hamburg, but industry leaders warn that regulatory uncertainty surrounding the...
Lloyd's List Top 100 Container Ports 2026: Why resilience beats scale Deputy editor Linton Nightingale launches the 2026 edition of the Top 100 Container Ports, and explains how the hierarchy of...
Türkiye-backed rescue of hijacked cargoship marks new phase in Somali piracy threat The release of hijacked vessel Lutuf after a Turkish-backed military operation highlights a more capable and adaptive Somali piracy threat, exposing...
NorthStandard seeks to influence policy agenda in shipowners' favour Helen Barden takes over as club's head of external affairs
UAE files last-minute NZF alternative plan The United Arab Emirates has filed a last-minute plan to replace the Net-Zero Framework, which would set ambitious climate targets...
EU boards legitimately registered Cameroon tanker in shadow fleet inspection An EU naval mission boarded a sanctioned tanker suspected of sailing under a false flag, only for Cameroon authorities to...
Hormuz crisis exposes shortcomings in war risk clauses amid unprecedented conflict Marine industry may find itself needing to re-examine outdated wordings to ensure policies stay fit for purpose
The week in charts: How Asia rewrote the container port rankings in the 21st century | Cosco signs orders for 18 new containerships Lloyd's List's weekly showing of the data and figures behind our news, analysis and markets coverage
Two tankers hit within minutes of each other in Strait of Hormuz Both tankers were hit at such similar times that security analysts in the region suggest a coordinated or closely related...
Drone cages at sea: Why the Ukraine war is turning merchant ships into floating fortresses Tankers in the Black Sea are adopting improvised anti-drone defences, but analysts question their effectiveness against more sophisticated aerial and...
Greece hits out at 'rigid' EU as disharmony behind NZF policy laid bare Brussels accused of 'lack of understanding' as objections from four member states count for zero
Travelling to Ukrainian ports 'near suicidal decision' says union leader Attacks on commercial shipping in the Black Sea are an almost daily occurrence now, and the risk is so high...
Shipper-paid US truckload spot rates drop despite tightening market Journal of Commerce data on shipper-paid spot rates supports suggestions the truckload market flattened in the late summer, but it may resume its climb shortly.
String of deals sets up ocean carriers to dominate terminal ownership: analyst There is a good business case for buying assets that will reduce costs and increase efficiency, but the cycle that generates the cash for those deals doesn't last forever, writes Jeremy Masters.
Multiple US agencies strengthen DOT crackdown on illegal trucking Shippers should expect more pressure on truck capacity as Homeland Security and the Justice Department join DOT in shutting down CDL schools and targeting illegal drivers.
MSC revises Sentosa service with 'megamax' ship calls to Long Beach The revamped service from Southeast Asia and South China will also be notable because the vessels will completely discharge their inbound containers in Long Beach and reload for the backhaul without calling Oakland.
Carriers will feel pressure to hasten Suez return: Sea-Intelligence The latest move in that direction came Monday with MSC announcing it is shifting its Albatros, Jade, Himalaya and Tiger strings back to Red Sea transits, following similar moves by competitors.
Evacuation of listing VLCC with 2m barrels of crude highlights war's environmental risk With oil spills and other ecological harms already in Hormuz, a disaster involving the Senegal Prosperity could threaten historic incident
Germany's BAAS Shipping linked to newbuilding order in China Hamburg-based joint venture orders brace from Qingdao Yangfan shipyard
US hits Iran with 'large and powerful' strikes after attacks on tankers Central Command says it targeted Islamic Revolutionary Guard Corps sites
Sinokor Maritime VLCC evacuated and listing after Hormuz attack confirmed US official plays down chokepoint status, saying pipelines will bypass waterway within two years
Record $660bn orderbook masks uncertainty over how many new ships the world needs Global orderbook is valued at a record-breaking level, with shipyard output to hit all-time highs
BW LPG launches $300m convertible bond issue to back newbuildings Singapore-based owner becomes latest to tap hybrid debt-equity instruments for low-cost financing
Bayraktar joins rush for feeder container ship slots at reactivated Chinese shipyard Revived Wuhan yard lands another overseas boxship order
Capital Tankers executives keep cool on in-the-money VLCC options CFO Niovi Iasemidi says sole goal in buying newbuildings would be to maximise shareholder returns
Odfjell doubles down on wind propulsion with fresh order Odfjell retrofits the Bound4Blue solution, as other energy-saving solutions are also trialled
Shipowners reject profiteering claims: 'If your vessel is in danger of being shot at, you are asking for more money' Cash-rich owners are reinvesting profits from disrupted markets to make their business more flexible
VLCCs could flee Middle East and pressure sky-high Atlantic earnings More attacks on ships could see tanker owners avoid the Middle East altogether
Lomar bulker cuts fuel use by a quarter using new hybrid hydrogen system Shipowner completes first voyage to test out US partner Newlight's technology
Heidmar bounces back to profit as suezmax tanker rates soar in Europe Pankaj Khanna-led operation says freight costs could move higher in the rest of 2026
German owner BAAS Shipping linked to newbuilding order in China Hamburg-based joint venture orders brace from Qingdao Yangfan shipyard
Panama Canal disruptions offer only limited upside for gas carriers, says DNB Heavy orderbook weighs on LPG stocks, analyst says
Ukraine study: 800 tankers involved in Russian oil transfers as zones shift after sanctions Activity concentrated in a small number of locations, Ukrainian institute says
Another worker dies as pressure mounts on HD Hyundai Sixth death in five months comes during intensive government safety inspection
New era dawns for Avenir LNG as NYK joins Stolt-Nielsen as co-shareholder Partners plan to pursue opportunities in LNG and bio-LNG bunkering
Gunvor moves for new Evalend tanker as it expands product capacity Trader's Clearlake Shipping also secures South Korean vessel for two years
Vafias company boss says new flexible MR tankers profiting from turmoil C3is chief executive Diamantis Andriotis is optimistic about results in the second half
Dorian LPG linked to VLGC trio at Hanwha Ocean The contract value for three large-size LPG gas carriers is worth almost $350m
Ship financiers mourn cheap loans as cash-rich shipowners rule Yield-chasing by some private lenders could also be affecting deal quality
Shipyard group Seatrium charged over shipyard deaths Two Bangladeshi shipyard workers died when scaffolding collapsed in March 2022
Spanish owner Elcano in talks to sell LNG carrier Steamship is expected to fetch up to $25m
'UK must capitalise on its maritime goldmine,' says new face of NorthStandard Helen Barden is also putting decarbonisation and new tech at the top of the agenda amid global turmoil
Titan and Sogestran reveal long-term tie-up on LNG bunker vessel newbuilding Ship is designed to serve the western Mediterranean
Shell takes four BP-operated product tankers on two-year deals Rates appear unchanged for 2023-built vessels named after famous authors
Shipyard group Seatrium charged over workplace safety Case appears to be linked to deaths of two Bangladeshi shipyard workers in March 2022
CMB.Tech stock downgraded by Fearnleys as 'great' story lacks new twists Analysts says upside is limited after stock rally
Two ships abandoned after being attacked in Black Sea run aground Tanker Golden Sapling and cargo vessel Omskiy-107 went adrift after seafarers were evacuated
Pyxis boss keeps lock on $100m war chest as ship prices surge Valentios Valentis says discipline must be maintained in hot secondhand markets
Taylor Maritime boss Ed Buttery steps in to buy three handysizes as sales near $1bn Chief executive teaming with third party to acquire trio of bulkers
Ship-repair yard capacity set to crunch energy efficiency race Charters set to weaponise CII, forcing owners to retrofit cleantech
Evangelos Marinakis-owned Capital Tankers to notch $250m discount on newbuilding options Oslo-listed company can take advantage of deals with private sponsor until end of this year
VLCC hit by three projectiles while exiting Strait of Hormuz Security companies give conflicting information over the identity of vessel hit
Japanese giant behind container ship newbuilds at Samsung Sources claim order is backed by long-term employment with Maersk
Spanish owner Elcano in talks to sell LNG carrier Owner expects to dispose 138,162-cbm steam turbine vessel Castillo de Villalba at $20m to $25m
VLCC hit by three projectiles while exiting Hormuz Security companies give conflicting information as to identity of vessel hit
Governments dropped the ball on sanctions collaboration, says insurance executive Mike Salthouse says the oil price cap marked a high point in industry-government collaboration
Shiprepair yard capacity set to be a crunch in energy efficiency race Charters set to weaponise CII forcing owners to retrofit cleantech
Another VLCC hit by three projectiles while exiting Hormuz Security companies give conflicting information as to identity of vessel hit
Older, richer, wiser? How German shipping rebuilt after the KG crisis Were the survivors of the great German shipping crisis of the 2010's sharper operators - or were they simply lucky?
MOL streamlines management of over 200 vessels under one single entity Shipping giant completes the merger of six ship management companies
Another worker dies as pressure mounts on HD Hyundai Sixth death in five months comes during intensive government safety supervision
Japanese giant behind early-delivery neo-panamax container ship newbuilds at Samsung Market sources claim Mitsui & Co's order is backed by long-term employment with AP Moller-Maersk
Gurita Lintas Samudera bulks up with secondhand supramax buy After spending the past two years taking delivery of newbuidlings, Indonesian owner returns to secondhand market
Another Bahri VLCC hit by three projectiles while exiting Hormuz Saudi-controlled Sidr becomes latest tanker caught in mounting attacks around strategic waterway
Gulf Energy Maritime tied to product tanker newbuildings at K Shipbuilding Deal follows South Korean order for six MRs in March
EU forces board suspected shadow fleet tanker in move against Russia Suezmax is sanctioned by multiple countries
Bankrupt Yellow Corp. settles remaining pension claims for $526M Defunct Yellow Corp. has reached settlement agreements with four multiemployer pension plans totaling up to $526 million to resolve remaining withdrawal liability claims. The deals are supported by its largest shareholder, MFN Partners, and would bring an end to a legal battle that began shortly after the less-than-truckload carrier filed for bankruptcy in August 2023. (Yellow previously agreed t
Florida AG calls semi-truck a 'rolling dungeon' after 4 children confined for 6 years Florida prosecutors filed 22 charges against two women accused of abusing four children inside a semi-truck sleeper cab. The children remained there for more than six years, according to Attorney General James Uthmeier. Investigators examined conduct occurring from January 2020 through April 2026. The case includes accusations of sexual battery, molestation, physical violence, neglect, and perman
Update: diesel surges to new post-war high on futures market The weekly diesel price used as the basis for most fuel surcharges dropped this week just as diesel futures surged to a new post-war record high. Ultra low sulfur diesel (ULSD) on the CME commodity exchange settled Tuesday at $4.6773/g. That is an increase of 18.36 cts/gallon, up 4.09%. The previous high settlement after the start of hostilities between Iran on one side and the U.S. and Israel on
August's manufacturing PMI dips to 54.6; supply chain constraints persist U.S. manufacturing activity remained supportive of freight demand for an eighth straight month in August, but by a lesser degree than in July. Growth cooled for some key components like new orders, but the slowdown could be tied to companies pulling forward inventories ahead of tariff implementations earlier this summer. A survey of manufacturing supply executives returned a 54.6 reading for the
Mexican nationals arrested in cabotage probe at Arizona truck driving school Two Mexican nationals were arrested and multiple firearms and a tractor-trailer were seized at a truck driving school in Nogales, Arizona, as federal authorities investigate suspected illegal hiring practices and cabotage violations. Homeland Security Investigations Arizona announced the arrests on Monday, stating special agents executed a federal search warrant at the school on Aug. 11. HSI said
Private equity group rolls up 3 small firms for courier network Private equity firm Trident Management appears to be an early mover in bolting together small courier businesses onto a platform that can offer shippers greater regional density and reach as an alternative to large, legacy parcel carriers. Trident-backed Priority Courier Experts, which serves B2B customers in the Minneapolis-St. Paul area and upper Midwest, last week said it acquired Priority Dis
Texas, Pennsylvania lead states in CDL school shutdowns Texas and Pennsylvania had the largest number of brick-and-mortar commercial driver training schools affected by the Department of Transportation's sweeping crackdown on CDL training providers announced Monday. DOT provided a state-by-state breakdown showing 13 schools each in Texas and Pennsylvania, followed by 11 in California, 10 in Florida and nine in Utah, according to information provided b
DHL acquires freight forwarder in Uruguay The freight management arm of DHL Group on Monday announced the acquisition of Uruguay-based Aero Cargas S.A., giving the company its first direct operation in a country that is experiencing regional and international trade growth. Latin America has seen strong growth in cross-border trade, including airfreight, in the past couple of years as geopolitical tensions, wars and tariff proliferation m
STB extends deadline for participation in UP-NS merger review The Surface Transportation Board has extended the deadline for filing notices of intent to participate in the Union Pacific-Norfolk Southern merger to Sept. 30, the board's chief counsel, Anika S. Cooper, said in a decision on Monday. The deadline had been Sept 4. The change comes at the request of the National League of Cities, which said in an Aug. 26 letter to the board that there are an estim
Descartes acquires Extensiv for $120M Descartes Systems Group announced Tuesday that it has acquired Extensiv, a warehouse management and fulfillment tech provider, for $120 million. The deal follows Descartes' $100 million acquisition of Tai last week. The acquisition was funded with cash on hand. California-based Extensiv helps 3PLs with inventory management and order fulfillment. It uses AI tools to leverage its omnichannel data a
ShipStation first to bundle LTL into parcel shipping platform ShipStation, a provider of multicarrier parcel shipping software, is offering e-commerce sellers the ability to also select and coordinate with less-than-truckload operators at pre-negotiated rates in one integrated platform, bringing to life promised benefits from ownership's recent acquisition of freight brokerage Worldwide Express Group. Few, if any, software-as-a-service companies that connec
Transportation capacity contraction slows in August Transportation capacity continued to dwindle in August, but at the slowest rate recorded in six months. Transportation pricing, however, continued to surge, according to a monthly sentiment survey of supply chain professionals. The Logistics Managers' Index signaled further tightening in transportation capacity last month, returning a reading of 40. That was 11.6 percentage points slower than Jul
Border Patrol sweep in Arizona arrests 143, including 95 truck drivers with CDLs in U.S. illegally Border Patrol arrested 95 truck drivers with state-issued commercial driver's licenses during a five-day Arizona operation. U.S. Customs and Border Protection reported the action involved the Yuma Sector along the U.S.-Mexico border. The agency arrested 143 people from 18 countries between Aug. 10 and Aug. 14. CBP described the 95 people as "illegal alien truck drivers" holding licenses from U.S.
Last-mile costs rise 12% for a second year CHICAGO - Last mile costs continue to rise. On Thursday, FarEye released new research putting that cost into perspective using survey data. The survey found median last-mile costs rose 12 percent in 2026, matching the increase operators saw a year ago. Six in 10 operators reported increases above 10 percent, and one in five reported increases above 20 percent. Eighty-eight percent of operators sa
UPS reorganization prioritizes global logistics over parcel delivery United Parcel Service announced Monday afternoon the adoption of a new operating model and leadership structure aimed at better exploiting its global network to accelerate profit growth as it evolves from a traditional small package carrier to more of an integrated logistics provider. The timing of the move coincides with the major phase-out of low-margin Amazon business and downsizing of its dom
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