Port NOLA President & CEO Beth Branch elected to AAPA board The Port of New Orleans (Port NOLA) reports that President and Chief Executive Officer Beth Branch has been elected to serve a full two-year term on the board of directors of the
Marco Polo Marine's CSOV Plus will have EST Floattech battery system Siemens Energy has contracted EST-Floattech to supply the battery system for a "CSOV Plus," a new type of Commissioning Service Operation Vessel that Marco Polo Marine is building at its own shipyard
Chantiers de l'Atlantique floats out MSC World Atlantic MSC Cruises has celebrated a major milestone in the construction of its next flagship, MSC World Atlantic, as the ship touched water for the first time at Chantiers de l'Atlantique in Saint-Nazaire,
Rolls-Royce licenses MAKEEN to produce MTU 2000 engines in Saudi Arabia Rolls-Royce and Saudi Engines Manufacturing Company (MAKEEN) have signed an Individual license agreement (ILA) for MTU Series 2000 marine engines, paving the way for the first licensed local production of high-speed engines
More USCG action needed on marine firefighting A new report from the U.S. Government Accountability Office (GAO) says that the U.S. Coast Guard needs to take more action to address marine firefighting challenges. The watchdog agency notes that fires
Maersk restructures Europe-West Africa service network Maersk will adjust its Europe-West Africa service network from October 2026 to improve connectivity and schedule reliability. The revised network introduces additional coverage through Port Said, Lomé and Pointe-Noire. It also reorganises connections through major hubs in West and Central Africa. The new rotations are: Service Rotation WAF 2 Algeciras - Tangier - Dakar WAF 3 Port Said - Algeciras
GXO signs 10-year logistics deal with Columbia Sportswear in Europe GXO Logistics has launched a 10-year logistics partnership with Columbia Sportswear Company in Europe. Under the agreement, GXO is now managing Columbia Sportswear's distribution centre in Cambrai, northern France. The facility serves as Columbia's main distribution hub for continental Europe. It supports e-commerce orders, retail replenishment and wholesale distribution across several European m
CMA CGM completes US$1.4 billion FedEx Supply Chain acquisition CMA CGM has completed its US$1.4 billion acquisition of FedEx Supply Chain, significantly expanding the North American contract logistics operations of its CEVA Logistics subsidiary. FedEx Supply Chain is now joining CEVA Logistics, adding nearly 10,000 employees and approximately 34 million square feet of warehouse space to its operations. The transaction follows the agreement announced in July,
Maersk reduces Indian Subcontinent contingency surcharges to Europe Maersk will reduce its Emergency Contingency Surcharges on shipments from the Indian Subcontinent to North Europe and the Mediterranean. The revised rates will apply from a Price Calculation Date of 7 October 2026. Indian Subcontinent to North Europe Origin Equipment Current ECS New ECS Northwest India and Pakistan 20-foot dry US$4,000 US$4,000 Northwest India and Pakistan 40-foot dry, high cube
Green hydrogen hub pilot project launched at port of Savona The Western Ligurian Sea Port Authority, the Sustainable Intermodal Logistics Association, Assocostieri, Edison and FS Logistix have signed a Memorandum of Understanding to develop a pilot project for the production and application of green hydrogen at the Port of Savona. The agreement was signed on September 28 in the presence of Vice Minister for Infrastructure and Transport Edoardo Rixi and wi
COSCO Shipping launches new Far East-ECSA service COSCO Shipping Holdings will launch a third weekly service between the Far East and the East Coast of South America in December 2026. The new ESA3 service is scheduled to begin from Ningbo around 17 December. It will expand COSCO Shipping's capacity in Brazil and increase sailing frequency to Argentina and Uruguay. The planned rotation is: Ningbo - Shanghai - Shekou - Singapore - Santos - Navegan
How MSC turned scale into strategy Mediterranean Shipping Company has passed a milestone that is hard to put in perspective. According to Alphaliner data, MSC's fleet in service and its firm orders for new ships now add up to about 10.47 million TEU
Maersk raises intermodal fuel fees in El Salvador and Guatemala Maersk will increase its Intermodal Fuel Fee for truck transportation into El Salvador and Guatemala amid higher global energy prices and rising landside operating costs. The revised Export Fuel Surcharge and Import Fuel Surcharge levels will apply from 29 September 2026 for non-FMC shipments and 29 October 2026 for FMC-regulated shipments, based on the price calculation date. Country Previous fe
Freightos Weekly Update: China-US truce to reduce some tariffs, and likely postpone port fees Last week's Trump-Xi meeting in Washington yielded a two month extension of last year's US-China trade truce which was set to expire on November 10th, mutual tariff reductions on some imports, and plans for two more meetings between the leaders before the end of the year. This deescalation likely also postpones US port call fees on China-linked vessels, though the USTR has not issued an official
Maersk revises Far East Asia surcharge to South Africa and Mauritius Maersk will revise its Peak Season Surcharge for dry container shipments from Far East Asia to South Africa and Mauritius. The revised surcharge will apply from 15 October 2026 until further notice. Origin Destination 20-foot dry 40-foot dry Far East Asia South Africa and Mauritius US$250 US$500 The origin scope includes China, Hong Kong, Indonesia, Cambodia, Laos, Myanmar, Malaysia, the Philippi
US blocks imports of certain Canadian products US Customs and Border Protection (CBP) has implemented new restrictions that block imports of certain Canadian products into the United States. The measures took effect at 12:01 a.m. Eastern Time on 29 September. They apply to products covered by Presidential Proclamations 11061, 11062 and 11063. These include specified Canadian alcoholic beverages, dairy-related products and motor-vehicle-sector
CMA CGM revises MPS rotation CMA CGM has announced a revised rotation for its MPS service connecting ports across the Mediterranean and Southern Europe. The new rotation will take effect with the VENTO DI LEVANTE voyage 0XPMHW1MA, which is scheduled to arrive in Setúbal on 2 October. Under the revised setup, Leixões will no longer be included as a direct call on the MPS rotation. Instead, CMA CGM will serve the Portuguese po
CN Magazine October 2026 issue is out now The October 2026 issue of CN Magazine brings together major updates from container shipping, ports, logistics and the wider maritime world. This edition features in-depth analysis, reports and insights into the developments shaping the industry. From shifting trade patterns and shipping networks to port developments and supply chain challenges, it explores the stories that matter to maritime prof
ZIM shareholders seek vote on revised Hapag-Lloyd deal A group of ZIM shareholders is calling for any materially revised transaction with Hapag-Lloyd and FIMI to be submitted to shareholders for approval, adding another potential hurdle to the proposed US$4.2 billion deal. The group, which says it represents more than 10% of ZIM's shares, has sent a letter to the container carrier's board arguing that approval of a substantially revised transaction b
CMA CGM revamps SEAS services CMA CGM will revamp its Far East-East Coast South America network from mid-December, introducing revised rotations for its SEAS 2 and SEAS A services. The changes will expand direct port coverage in Brazil and strengthen connections between Asia and South America. The revised network will also provide connections to Southeast Asia, the Middle East and the Indian Subcontinent. SEAS 2 expands Brazi
Hapag-Lloyd raises Far East-Latin America rates Hapag-Lloyd will implement a General Rate Increase on container shipments from the Far East to Latin America. The revised rates will apply from 15 October 2026 until further notice. They cover 20-foot dry, 40-foot dry and 40-foot non-operating reefer containers. Most rates will increase by US$1,000 per container. However, the 40-foot NOR rate from the Far East to the Caribbean, including Panama,
Maersk updates inland fuel surcharge in Mexico Maersk has set its temporary inland fuel surcharge in Mexico at 2% of the inland haulage rate. The carrier attributed the adjustment to higher fuel-related costs linked to the evolving situation in the Middle East. Maersk will review the surcharge monthly and may introduce further changes depending on market conditions. The charge will appear on invoices under the following codes: EFS - Export Fu
ClassNK certifies Accelleron engine and emissions tools Accelleron has received ClassNK certification for two digital tools within its LOREKA360° maritime platform. The certification covers Tekomar XPERT Engine and Emissions Desk. Both received Products & Solutions certification under ClassNK's Innovation Endorsement framework. Together, the two solutions are currently deployed on around 3,000 vessels. ClassNK examined functions related to data acquis
Hapag-Lloyd suspends bookings to three Philippine ports Hapag-Lloyd has suspended new bookings to Manila, Batangas and Subic Bay due to continued congestion and severe depot capacity constraints in the Philippines. The suspension covers cargo from all origins and across all trade lanes. It is currently scheduled to remain in place until 31 December 2026. Destination Location code Manila PHMNL Batangas PHBTG Subic Bay PHSFS Hapag-Lloyd said limited emp
Bunge and ABP reach metric tonne milestone at port of Immingham Bunge and Associated British Ports have announced that their agribulk storage and handling operations at the Port of Immingham have surpassed one million metric tonnes of grains and oilseeds handled since the partnership began in 2022, marking a significant milestone for one of the Humber region's largest agribulk handling hubs. The collaboration commenced with the commissioning of Shed 35, a pur
Höegh Autoliners deploys Marlink-NORMA Cyber security service across fleet Höegh Autoliners is deploying a new cybersecurity service from Marlink and NORMA Cyber across its entire fleet, combining independent threat monitoring with direct incident response. The service connects NORMA Cyber's Security Operations Centre with Marlink's onboard cybersecurity capabilities. This means that when a potential threat is detected and assessed by NORMA Cyber, incidents requiring ac
Nippon Express opens new air freight facility in Bangladesh Nippon Express has opened a new air freight handling facility in Bangladesh as the country sees growing demand for export logistics services. The Nippon Express Bangladesh Air Freight CFS is located in Gazipur District, around 10 km from Dhaka International Airport. The facility has a total floor area of 3,313 m² on a 4,473 m² site. According to Nippon Express, rising exports of apparel and other
Gantrex and Villari partner on crane structural monitoring Gantrex has partnered with structural health monitoring specialist Villari to introduce continuous crack detection and structural monitoring technology for cranes and other critical steel infrastructure. The partnership will add Villari's wireless monitoring technology to Gantrex's Crane Diagnostics portfolio, combining continuous structural monitoring with Gantrex's engineering, inspection and l
Fragmented trade drives dry bulk tonne-mile demand Dry bulk shipping has entered the final quarter of 2026 in considerably better shape than most owners expected, with industry leaders at last week's Splash Singapore conference arguing that increasingly fragmented trade could keep vessel demand elevated even without spectacular growth in cargo volumes. G2 Ocean chief executive Arthur English admitted the strength of the ...
Tankers enter the death zone Like climbers entering the death zone above 8,000 metres en route to the summit of Everest, VLCCs have entered their own peak: the moment where prices for secondhand tonnage surpass newbuild prices, and sell signs flash hard. These moments tend to be fleeting and have historically been associated with the hottest stages of shipping cycles. ...
Yangzijiang Maritime tanker spree builds with Haifeng LR2 series Singapore-listed Yangzijiang Maritime Development has built up a sizeable LR2 programme at China's Jiangsu Haifeng Shipbuilding as the Ren Yuanlin-led group continues one of this year's most aggressive tanker investment drives. Shipbuilding database information seen by Splash shows Yangzijiang Maritime behind six firm 114,000 dwt LR2 tankers at Haifeng, plus options for another two. The ...
Precious adds Asyad deal to ultramax fixing run Thai dry bulk owner Precious Shipping has fixed its recently delivered ultramax Rossarin Naree to Asyad Shipping for up to 14 months in the latest index-linked deal for its larger bulker fleet. The Khalid Hashim-led company said the 63,500 dwt ship started a 12-to-14-month charter with Asyad on October 1 at a gross variable rate ...
Torm cashes in on ageing MR Danish product tanker giant Torm has been linked to another fleet disposal, with brokers reporting the sale of one of its oldest MRs to China's Seacon Shipping group for $22.5m. Splash understands the 2008-built Torm Laura has been picked up by Seacon Tankers Shipping. The 50,000 dwt scrubber-fitted vessel was built at Guangzhou Shipyard International. ...
Rio Tinto sell-down spreads to post-panamaxes Rio Tinto's owned-vessel sell-down appears to be extending beyond the newcastlemax fleet it cleared out this year, with a pair of 2013-built post-panamax bulkers reported sold en bloc for $42.8m. Broker reports list the 89,892 dwt RTM Dias and RTM Flinders, both built by Namura in Japan, at $21.4m each. The ships are part of ...
Transpetrol trims aframax fleet in $73m deal Belgian tanker owner Transpetrol Maritime Services has offloaded its 2016-built aframax in a $73m deal with Turkish buyers. VesselsValue data identified Transpetrol as the seller of the Hyundai Samho-built 114,070 dwt TP Affinity and put the ship's current market value at $80.72m. Transpetrol's own fleet records show it was delivered in July 2016 and completed ...
Akrotiri Tankers doubles suezmax order at New Times Greek tanker newcomer Akrotiri Tankers has returned to New Times Shipbuilding for a second suezmax, continuing a rapid expansion of its Chinese newbuilding programme. Shipbroking sources place the latest order at $84.4m for a 157,000 dwt crude tanker scheduled for delivery in June 2029. The contract takes Akrotiri's suezmax orderbook to two ships. The Marielena ...
Imperial Petroleum moves out of suezmaxes with $82m deal Harry Vafias-led Imperial Petroleum has reportedly sold its remaining suezmax, the 2008-built Suez Protopia, for $82m. VesselsValue identified Imperial Petroleum as the seller in its September 30 transaction data. The buyer has not been disclosed. VesselsValue estimates the Samsung Heavy Industries-built 160,391 dwt tanker at $74.34m, putting the reported transaction about $7.7m above its valuati
Eurotankers gets $60m for vintage LR2 Greek owner Eurotankers has reportedly sold its 2009-built LR2 for $60m, continuing to cash in older tanker tonnage as secondhand values remain elevated. S&P sources list the Hyundai Heavy Industries-built 105,291 dwt Eurointegrity among the latest tanker sales at $60m. The buyer has not been disclosed. Eurotankers acquired the ship in 2018 for about $20m, ...
Contships goes big in China with up to 30 newbuilds Greek feeder specialist Contships Logistics has launched a potentially 30-ship newbuilding programme in China as the Nikolas Pateras-led owner shifts its fleet renewal drive towards fresh tonnage. Wholly owned CLC Newbuildings has signed a letter of intent with Hubei Guangji Green Energy Shipbuilding Group covering 10 firm 1,300 teu containerships plus two sets of 10 ...
Boskalis scores Dutch North Sea cabling job Dutch marine contractor Boskalis has secured a contract worth between €50m and €150m ($57m-$170m) for inter-array cable installation on the first phase of the Zeevonk offshore wind farm in the Dutch North Sea. The contract, awarded by the Vattenfall and Copenhagen Infrastructure Partners joint venture behind Zeevonk, covers the transport and installation of around 149 ...
Japan claims world-first hydrogen tanker voyage Japan has chalked up another maritime decarbonisation first, successfully completing a demonstration voyage of a coastal tanker powered by a hydrogen-only marine engine. The 4,500 gt Kiko Maru sailed for approximately two hours and covered around 33 km in Osaka Bay using its hydrogen-fuelled power system, the Nippon Foundation announced yesterday. The organisation describes the ...
Nuclear LNG carrier study puts price on atomic shipping A nuclear-powered LNG carrier could cost around two-and-a-half times as much to build as a conventional vessel yet still deliver lower lifetime costs under certain carbon-pricing scenarios, according to a new study backed by ABS. The class society, Japanese nuclear technology developer Blossom Energy and an unnamed global shipping company modelled a 174,000 cu m ...
Japanese owners push for tonnage tax overhaul Japan's shipowners are pressing Tokyo for a fundamental overhaul of the country's tonnage tax regime, including opening the system directly to shipowners and relaxing its reliance on Japanese-flagged tonnage. Japan Shipowners' Association president Hitoshi Nagasawa, who is also chairman of Nippon Yusen Kaisha (NYK), said the changes have been made a priority request for fiscal ...
Marinakis brings 36-ship boxship platform to Athens IPO Greek shipowner Evangelos Marinakis is taking a 36-ship containership platform to the public market in Athens, with Capital Maritime Finance targeting up to €200m ($226m) from an initial public offering. The proposed transaction will see all of Capital Maritime Finance's shares listed exclusively on Euronext Athens, with the proceeds earmarked for its newbuilding programme and ...
Premier Alliance joins accelerating return to Suez The Premier Alliance is preparing to send one of its Asia-Europe strings back through the Suez Canal this month, adding fresh momentum to the container sector's retreat from lengthy Cape of Good Hope diversions and sharpening concerns over how much vessel capacity a fuller Red Sea return could release back into the market. ONE, HMM ...
UAE brings pre-load cargo filing rules into force A new pre-load cargo information regime has come into force across the UAE, requiring shipping lines and freight forwarders to submit shipment data before cargo leaves its port of loading. The Maritime Pre-Load Cargo Information (MPCI) programme applies to imports, transit and transhipment cargo, as well as freight remaining onboard vessels calling at UAE ports. ...
APM Terminals boss urges ports to sweat existing assets harder Sister title Splash Ports today carries an exclusive interview with APM Terminals chief executive Keith Svendsen who argues that the next phase of terminal growth will depend less on simply adding cranes and quay length and more on capital discipline, operational efficiency and landside infrastructure. With terminal concessions often running for 30 to 50 years, ...
Polaris looks beyond dry bulk base South Korea's Polaris Shipping is looking to broaden its fleet beyond the giant ore carriers on which it built its name, with further tanker investments and an eventual move into gas shipping under consideration. Senior management at the Seoul-based owner have revealed the company is evaluating additional medium-range tanker tonnage as it seeks a more ...
Nobu Su targets mid-2028 return to shipowning Nobu Su is plotting a return to shipowning, with the former TMT boss in final negotiations for an experimental newbuilding that could be delivered as early as May or June 2028. A new 33-page white paper from Su's Morizo Group says the first ship will test an integrated design combining wind-assisted propulsion, natural air lubrication ...
Fresh drilling and accommodation work boosts Borr backlog Offshore jackup rig player Borr Drilling has won new work for three of its rigs. In West Africa, the 2011-built Norve rig has received a binding letter of award from an undisclosed operator. The commitment is expected to commence in mid-December 2026 and includes a firm scope of three wells with an estimated duration of ...
Transocean-Valaris $5.8bn megadeal clears US antitrust review Transocean's $5.8bn takeover of offshore driller Valaris has cleared a key regulatory hurdle in the US, and the companies now expect to complete the transaction in the final quarter of the year. Valaris and Transocean have been notified by the Antitrust Division of the US Department of Justice that it has closed its investigation into ...
BP hands Aker Solutions broader engineering and integrity deal Norway's Aker Solutions has been awarded a frame agreement with supermajor BP to provide engineering and integrity services across the company's North Sea assets. Aker Solutions will provide engineering, integrity management, project support and operational services. The new agreement expands the company's existing support for BP's West of Shetland assets to also include central North ...
TDI-Brooks adds Timor-Leste offshore survey to 2027 schedule US-based offshore surveyor TDI-Brooks, in partnership with Taka Hydrocore Indonesia, has been selected to execute a light geotechnical and environmental baseline survey programme offshore Timor-Leste in support of the planned TLNG development. The programme, awarded by the country's Ministry of Petroleum and Mineral Resources, will provide data to support the routing of the gas export ...
Some tanker bosses see boom lasting for years, not months Tanker executives have a tradition of talking their books when speaking on conference panels, but it's hard to be a...
The Daily View: Capacity with consequences
Green NGOs claim narrow win at EU court over methane slip from gas-fuelled ships The European Commission may have to come up with measurable limits on methane slip from gas-fuelled ships in its sustainable...
Conflict pushes Russia-Iran trade deeper into the Caspian Lloyd's List Intelligence data shows shipping activity between Russia and Iran on the Caspian Sea has surged since the Strait...
Deferred scrapping leaves container sector with growing pool of elderly boxships There are now 658 containerships aged 25 years or more, representing 1.6m teu of capacity, with a further 1,000-plus vessels...
Contships unveils plans for up to 30 feeder newbuilds in China Big fleet renewal move set to begin with 10 firm orders for 1,300 teu boxship, plus up to 20 optional vessels
Evolving landscape of marine equipment insurance Changing offshore activity, remote operations and increasingly complicated subsea technology are reshaping the marine equipment market
Industry touts multi-pronged approach to boost Malaysia's port performance A holistic approach will be needed for Malaysian ports to play a bigger role in the global maritime sector, according...
UK sanctions target Russia's emerging LNG shadow fleet as gas carriers added to blacklist UK sanctions have expanded beyond oil tankers to target an emerging LNG shadow fleet, blacklisting eight vessels linked to Russian...
Baltimore bridge deterioration is 'unlikely to impact renewals' While the deterioration was a surprise, senior market figures said the $2.8bn loss was not a market-moving event for marine...
Geopolitical stability will be a focus of Malta Maritime Summit Biennial Malta event prides itself on its quality of speakers, the 2026 edition is led by country's deputy prime minister...
Daily Briefing Tankers bypass Hormuz transfer bottleneck as direct India deliveries emerge | Malaysia rejects responsibility for shadow fleet STS transfers beyond...
'Shipper of choice' takes on new meaning as truck capacity tightens The broader question confronting shippers after a prolonged freight downturn in which contract rates fell even as carrier operating costs increased is what those relationships are worth when the market turns.
NY-NJ port truckers on edge as new labor law goes into effect While New Jersey state officials say the worker classification law is not a major change, the port drayage industry is concerned about higher costs and the potential exit of drivers.
Hapag-Lloyd considering resuming Suez transits for India-USEC service: sources The carrier has taken a more cautious approach to the Red Sea than some of its industry peers, with CEO Rolf Habben Jansen repeatedly stressing that a broader return to the shorter, and riskier, route would depend on sustained security improvements in the region.
AI air cargo boom sets up strong peak season on the trans-Pacific Volume on the Asia-North America trade lane has recovered rapidly from the summer slowdown, with demand growth shrugging off soaring fuel prices and elevated rates.
CMA CGM closes $1.4 billion FedEx Supply Chain acquisition The deal nearly triples CEVA's North American contract logistics capacity and strengthens its integrated logistics services in the US and Canada.
US maritime initiative presents opportunities for heavy logistics The expansion of the US manufacturing sector could drive up demand for project cargo logistics, including heavy-haul trucking and inland waterway transport.
Intermodal growth puts focus on rebuilding drayage driver base The pool of drivers available to haul 53-foot domestic containers has shrunk since the freight recession began in 2022, making it harder for intermodal providers to respond quickly to the current surge in volumes.
Fire ignites on tanker in Hormuz after strike by unknown projectile Cargo size reported by Iran suggests targeted vessel is a VLCC
2020 Bulkers hands shares to investor trio in offshore pivot Harald Moraeus-Hanssen will ultimately own 20.8%
Clarksons Securities sees new record head for Danaos share price after dividend surprise Omar Nokta says special dividend has been 'a long time coming'
US targets Russian shadow banking network, including financial facilitators of Iran's dark fleet US move comes after UK action against A7 banking network
DHT Holdings VLCC to rake in $36m from Gulf of Oman fixture After violent day in Middle East, rates for voyages through Strait of Hormuz rise
UK targets Russia's LNG fleet and Asian charterer in new sanctions blast Vessels include newly acquired LNG carriers needed for long-haul voyages after EU ban from 2027
Drone-hit Black Sea oil terminal reveals impact of Ukrainian attacks Tanker loadings down after strikes cause 'significant damage'
Stolt-Nielsen waiting for restocking so chemical tankers can cash in Oslo-listed operator unlikely to trade ships in product market, executives say
Canada to invest $842m in boosting maritime protection, says PM Carney New measures will include more ship traffic monitoring and better emergency response
ABS unit scores $23.7m no-bid software deal with US Navy Military Sealift Command awards deal for revamp of fleet's human resources software
Greek owner Danaos pays out record $110m dividend John Coustas-led company rewards shareholders after profitability soars
Scramble for energy security poses challenge to Trump Getting to Zero Coalition gives clear-eyed assessment of progress in cutting emissions, but US president remains keen to attack
Trafigura adds $4.4bn to finance pile with help from Chinese banks Trader and shipowner secures extra $950m in refinancing deal
Fearnleys picks Capital Tankers and MPC Container Ships stocks to outperform Investment bank's top shipping picks beat Oslo benchmark
Alternative-fuelled ship orders surge in September, says DNV Figure is highest in nearly two years
JP Morgan adds two VLGC newbuildings to its growing orderbook The banking giant has six 88,000-cbm LPG carrriers on order at Samsung Heavy Industries
German operator NSB expands top team with new finance chief Malte Hunold wins promotion to new role at the shipowner and manager
Trump moves to haul Alaska LNG closer to start line as leaders trade statements US president slaps $50bn price tag on long-planned project
Hayfin targets South Korean business with new hire and Seoul base UK shipowner and asset manager says office opening follows last year's management buy-out
Contships orders up to 30 container vessels in renewal drive Greek owner says first 10 firm ships will be built in China
Clarksons-backed fixture platform Sea brings in AI assistant Cora system will help take the workflow strain
Advantage Tankers swells orderbook to 22 vessels with fresh newbuilding batch Company's fleet set to nearly double by 2030
Angeliki Frangou to finance crowd: Smart shipowners ready for any 'whether' In the quest for long-term success, shipowners need only acquire this one virtue
Russia attacks bulker it claims was carrying military cargo to Ukraine Drone assault took place at port of Chornomorsk
2020 Bulkers takes over offshore fleet as it closes $406m vessel deals Owner controls 11 large anchor-handling tug supply vessels
'Extraordinary' tanker boom could last through next year, says Clarksons Rates may ease in 2028 as the crude fleet grows
Stolt-Nielsen sees profit tick up amid mixed fortunes for shipping arm Oslo-listed company forecasts softer fourth quarter for chemical tanker division
Where there's sludge, there's brass: Selling secondhand fuel to shipping Drop-in reformed fossil fuels can be a key strategy for shipowners to meet emissions rules
Clarksons on hunt for new director as paymaster Tim Miller steps down Remuneration committee chair has spent years defending UK broker's pay policy
Oslo-listed VLCC giants sitting on $2bn in paper profit on newbuildings Capital Tankers is leading the way among VLCC peer group in terms of potentially successful newbuilding investments
Korea Line wins $53m long-term COA from Posco Flow Coal and iron ore contract is one of three deals signed in September
Debt-free Polaris Shipping eyes fleet growth in two energy markets Privately owned bulker company eyes the tanker and gas carrier segments
Yangzijiang Maritime product tanker spree propels orderbook to over $5bn Shipbuilding veteran Ren Yuanlin is bullish on the tanker market
CAFE Standards Reset: Can Looser Fuel Economy Rules Restart Auto Freight? USDOT's reset of the Corporate Average Fuel Economy (CAFE) standards is a modest tailwind for U.S. auto production, but it is unlikely to turn the truckload freight market into a demand story in the next 12 months. SONAR data shows 2026 truckload tightness is still being driven by capacity leaving the market, not by more freight. On Sept. 28, USDOT finalized its "Freedom Means Affordable Cars" ru
New UN data: China widens lead in liner-shipping connectivity China's Liner Shipping Connectivity Index reached 1,347.6 in September 2026, more than double the scores of second-ranked South Korea, at 633.0, and Singapore, at 626.7. The United Nations Conference on Trade and Development (UNCTAD) index gauges a country's integration into container-shipping networks using factors including vessel calls, port capacity, carrier and service availability, largest
Free Driver Rewards Program? Samsara Targets Retention Truck driver perks and driver appreciation are moving from talk to actual retention strategy. Samsara breaks down why drivers said they feel underappreciated, what fleets can offer at no cost, and how a 50+ brand perks program is getting traction with drivers. In this conversation, Kelly Soderlund explains what drivers asked for, why wellness and family time ranked high, and how fleets can use re
Intermodal Hits All-Time Highs as Truckload Stays Tight Intermodal hits all-time highs while truckload rejection rates hold near 14% - and that matters for every carrier and broker watching Q4. In this FreightWaves market update, we break down tender rejections, dry van/reefer/flatbed spot rates, the early-October volume drop and why domestic intermodal keeps taking share. The key question: is capacity still tight, or are fuel costs masking what's rea
IKEA Picks Kodiak for Driverless Freight Rollout Kodiak landed IKEA as its driverless launch shipper partner, with a long-haul rollout targeted by the end of the year. In this FreightWaves Today segment, Daniel Goff of Kodiak and Chas Wurster of PrePass break down what has to happen before driverless trucks scale: safety case work, inspections, roadside enforcement and state-by-state compliance. The big takeaway: autonomous trucking is moving p
Transportation provider accused of hiding freight revenue from owner-operators A group of owner-operators is accusing Michigan-based Red Line Logistics Inc. and two company officials of understating freight revenue to drivers and pocketing the difference. The proposed class action lawsuit was filed Sept. 17 in the U.S. District Court for the Eastern District of Michigan by Adis and Denisa Bajgoric, Sasa Susa doing business as ASP Logistics, Mensud Topic, Edin Topic and Geor
FMCSA's Elison: 'weeks' away from fixing Motus user experience Long Beach, California-Fixing the user front-end experience attached to the beleaguered Motus system rolled out earlier this year by the Federal Motor Carrier Safety Administration will "hopefully" be measured in weeks, according to a top administrator of the agency. Jesse Elison, the deputy administrator at FMCSA, told the cybersecurity conference of the National Motor Freight Traffic Associatio
September's 54.5 manufacturing PMI comes with inflation concerns U.S. manufacturing activity remained in expansion territory for a ninth straight month in September, according to a Thursday report. However, manufacturing supply executives surveyed continued to cite "pricing pressures" as a key concern. Rising transportation costs-partly due to elevated diesel fuel prices-and elevated input costs due to tariffs were among the headwinds. A 54.5 reading for the I
Alaska Air eyes 50% share of intra-island Hawaii cargo market Alaska Airlines expects cargo revenue to reach $750 million by 2030 as it builds off the acquisition of Hawaiian Airlines to diversify and scale up its cargo business through international route expansion and planned intra-island freighter service in Hawai'i, executives said during an investor event on Wednesday. Management's theme was that the hard work of integration, including a unified cargo
New California law clouds Trump-backed Oakland coal export terminal project A proposed coal export terminal at the former Oakland Army Base faces a new regulatory hurdle after California Gov. Gavin Newsom signed legislation requiring a fresh environmental review, complicating a project that has regained momentum with federal backing and prospective Utah financing. The planned West Gateway Terminal would be developed at the Oakland Bulk and Oversized Terminal near the foo
Thieves clone $60K shipment, redirect 41,000 pounds of glycerin in Illinois A driver hauled 41,336 pounds of glycerin toward Thornton, Illinois, with paperwork that appeared legitimate. Someone had cloned information connected with the $60,000 shipment, according to Cook County investigators. The suspected scheme redirected 75 drums toward a cross-docking operation before anyone transferred the merchandise. Detectives intercepted the semi-truck and secured everything bef
White Paper: State of the Industry - October 2026 The October 2026 "State of the Industry Report" - presented in affiliation with Ryder - shares an in-depth overview across the trucking, maritime and intermodal markets, as well as what to expect in the coming weeks. The data contained within the report provides breakdowns of capacity, volumes and rates. In this report, you will find: Freight demand remains steady but the market is still fragile,
PlusAI targets year-end close on $800M Texas Ventures SPAC PlusAI expects to close its merger with Texas Ventures Acquisition III Corp. by the end of the year, co-founder and CEO David Liu told FreightWaves. The deal, announced Sept. 3 , values the autonomous trucking developer at an $800 million pre-money equity value. The transaction could bring PlusAI up to about $300 million. That total pairs more than $60 million in committed financing with a SPAC t
CMA CGM finalizes $1.4B acquisition of FedEx Supply Chain France-based shipping conglomerate CMA CGM Group said Thursday it has completed the $1.4 billion acquisition of FedEx Supply Chain, the contract logistics arm of FedEx Corp. The purchase significantly expands Ceva Logistics's contract logistics operations in North America, part of CMA CGM's broader strategy of being an end-to-end logistics provider that can provide freight transportation from the
SH 130: A Smarter, Safer Route Through Central Texas Interstate 35 has long been the connective tissue of the Texas Triangle, the artery that carries freight from the Mexican border through San Antonio and Austin on its way to Dallas-Fort Worth, the Midwest and beyond. As freight volumes climb and population growth adds more drivers to an already strained I-35 route, fleets are increasingly looking for an alternative and finding one in SH 130 . The
Port of Oakland August volumes fall year over year as exports edge up from July The Port of Oakland handled 173,818 twenty foot equivalent units (TEUs) in August, with full export volume rising 2.9% from July, although overall loaded-container traffic remained below the prior-year level. Combined loaded imports and exports totaled 131,666 TEUs during the month, down 9% from August 2025. Empty-container traffic, frequently an indicator of future imports, reached 42,152 TEUs,
XPO opens new terminals in Phoenix, Kansas City markets Less-than-truckload carrier XPO announced Thursday that it has added new locations in Arizona and Missouri, increasing its terminal count to 300 across North America. A new 51,000-square-foot facility in Mesa, Arizona has 86 dock doors and over 100 employees. The terminal gives XPO ( NYSE: XPO ) needed capacity to serve the Phoenix market, where it already operates a freight assembly center. The
For transportation cybersecurity, AI isn't helping fight..so far Long Beach, California-At the only known conference related to cybersecurity in the freight industry, there wasn't much discussion here of AI as a tool that can be used to fight cyber crooks. Instead, during the first half of day one of the cybersecurity conference sponsored by the National Motor Freight Transport Association (NMFTA), the trade group servicing the LTL industry, the topic of AI wa
Warehouse AI Using Existing Cameras to Cut Idle Dock Time Warehouse cameras can reveal hidden lost capacity every shift - without new hardware. Sarit Tamir, founder and CEO of Seeteria, explains how existing warehouse cameras can flag idle dock doors, blocked aisles, forklift congestion and staging imbalances in real time. The pitch is simple: find disruptions that look normal, fix them faster, and turn lost time back into throughput. The conversation a
Intermodal Hits Annual High (21K+ Containers) Intermodal volumes are breaking records! Domestic intermodal containers reached a new annual high of over 21,000, driven by significant cost savings and strong annual growth. Discover which lanes offer the biggest intermodal savings and what this trend means for freight conversion from road to rail as we head into Q4. The 7-day moving average of loaded domestic intermodal containers hit a new ann
Rail Traffic SURGES: Intermodal Hits Record Highs North American rail traffic is booming, with intermodal volumes hitting record highs. But as the economy recovers, a critical bottleneck threatens to derail this growth: declining drayage capacity. We dive into the latest AAR weekly report and analyze the surprising rebound in chemical and petroleum shipments, while exploring how a shortage of drayage drivers could cap future expansion. North Ame
Tesla Semi DRIVES like a dream? A veteran trucker's honest review After years of skepticism, FreightWaves' Adam Wingfield, a former over-the-road truck driver, finally got behind the wheel of a fully loaded Tesla Semi. He shares his honest, unfiltered experience - from tackling an 8% grade with ease to the surprising comfort and advanced features that could reshape the future of short-haul trucking. Was it enough to convert this diesel veteran? A veteran trucke
Ethiopian Airlines to buy 10 777 freighters from Boeing Ethiopian Airlines has ordered eight all-new 777-8 freighter aircraft and two current-model 777 cargo jets from Boeing, helping the manufacturer close the sales gap with rival Airbus in sales for next-generation large freighters. Boeing's ( NYSE: BA ) announcement Wednesday afternoon came a day after Airbus conducted the maiden test flight of its A350 freighter. Why It Matters: Widebody freighte
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