Marine Group Boat Works wins contract to build multi-deck live fire training simulator Marine Group Boat Works LLC, which has facilities in San Diego and Los Cabos, Mexico, has been awarded a contract by the San Diego Unified Port District to design, fabricate, and install
Robert Allan unveils design for new Transpetro pushboat series Canadian naval architect firm Robert Allan Ltd. has developed a new design for a series of pushboats that will support Transpetro's bunkering operations at terminals in Brazil, and form part of a
Swiftships files for Chapter 11 protection Morgan City, La.-based shipbuilder Swiftships LLC filed for Chapter 11 protection on March 18 in the U.S. Bankruptcy Court for the Western District of Louisiana. The company reported $10 million to $50
Fincantieri, Fraser, Donjon form Great Lakes shipbuilding alliance Fincantieri Marine Group, which operates three Great Lakes shipyards, and two other Great Lakes shipbuilders, Fraser Shipyards in Superior, Wis., and Donjon Marine in Erie, Pa., have established a collaborative framework aimed
Master Boat Builders delivers RApport 2800 tug for Gulf LNG partnership Master Boat Builders Inc., Coden, Ala., today announced the successful delivery of the tugboat Jill, marking a major milestone in its ongoing partnership with Gulf LNG Tugs of Port Arthur LLC, a joint venture comprised
JA Moody Partners with Phoenix Lighting to expand into electrical product offerings Malvern, Pa.-based flow control products supplier JA Moody reports that it has reached a strategic partnership with Milwaukee, Wis.-based heavy-duty LED lighting solutions specialist Phoenix Lighting This collaboration marks JA Moody's official
Wärtsilä appoints IKAD Engineering as Australia distributor Wärtsilä Corporation Water & Waste, part of Wärtsilä, has appointed IKAD Engineering as its authorised distributor in Australia. IKAD will supply spare parts, products, and technical support across the region. The agreement makes IKAD the main in-country channel for Wärtsilä Water & Waste equipment and spare parts. The move strengthens Wärtsilä's local service for operators using wastewater treat
ONE introduces inland fuel charge for Latin America trades Ocean Network Express (ONE) has announced the implementation of an Inland Fuel Charge (IFL / IFD) for inland transportation across Latin America, citing ongoing disruptions in global fuel markets linked to developments in the Middle East. The carrier said the evolving situation, including the effective closure of the Strait of Hormuz, has significantly impacted fuel availability and distribution,
ASRY and stc Bahrain launch fleet management system ASRY has implemented a new vehicle fleet management and tracking system in partnership with stc Bahrain , supporting its ongoing digital transformation efforts. The cloud-based solution provides real-time visibility, centralized control, and advanced tracking capabilities. It aims to improve operational efficiency, enhance safety and compliance, and optimize asset utilization across ASRY's fleet.
CMA CGM introduces PSS for shipments from China to West Africa In an effort to maintain reliable and efficient services for its global customer base, CMA CGM has announced the implementation of a new Peak Season Surcharge (PSS). This adjustment specifically targets shipments originating from China and heading to the West Africa Central Range. The new surcharge is scheduled to take effect on April 6, 2026, and will remain in place until further notice. Accord
Containers fall into Kaohsiung waters as ONE-operated ship scrapes feeder vessel Four containers fell into waters around Taiwan's Kaohsiung port after a large container ship operated by ONE hit a stationary feeder ship in the port. The incident happened at Kaohsiung port's Pier 77 around noon local time on 1 April
MSC updates emergency fuel surcharge for Asia-North America trades MSC Mediterranean Shipping Company has announced an updated Emergency Fuel Surcharge (EFS) for shipments from Asia to the United States and Canada, citing ongoing disruptions in global fuel markets linked to developments in the Middle East. The carrier said rising marine fuel prices and reduced bunker availability at traditional sourcing locations have increased operational costs and procurement
Short Sea Shipping under the Hormuz pressure architecture The connection between the Hormuz Strait crisis and short sea shipping (SSS) is not intuitive. Hormuz is a deep-sea, long-haul chokepoint the domain of VLCCs, ultra-large container vessels, and mega-alliances
CMA CGM launches Ocean Rise Express linking Japan to North Europe CMA CGM has marked the maiden call of its new Ocean Rise Express (OCR) service at Port of Kobe , introducing a direct weekly connection between Japan and North Europe. The OCR service offers competitive transit times, with shipments from Yokohama reaching Rotterdam in 38 days, Hamburg in 41 days, and Southampton in 45 days. Operated entirely by CMA CGM, the service aims to improve schedule reliab
Interview with Gene Seroka, Executive Director of the Port of Los Angeles In this exclusive interview, Container News journalist, Antonia Saratsopoulou speaks with Gene Seroka, Executive Director of the Port of Los Angeles, the nation's busiest container port and a vital hub for global trade. The discussion unveils the Port's current operations, infrastructure projects, sustainability initiatives, cargo trends, and the role of the Port within the broader West Coast sup
7 Best Sites to Buy YouTube Likes (Real & Cheap) I uploaded a video on my channel that looked solid, but the like count stayed low. That changed how people reacted right away. On YouTube, likes play a bigger role than most people think. They signal quality, even before someone finishes the video. I wanted to see if that could be fixed, so I decided to buy YouTube likes and test the difference. The change showed up fast. Videos looked more engag
Bunker prices hit record highs in Week 14 The global bunker market continues to exhibit pronounced volatility amid the escalating conflict in the Middle East, which is disrupting global supply chains and contributing to widespread bunker fuel shortages across all major hubs. Over the past week, bunker indices have maintained an upward trajectory, with signs of stabilization near recently reached highs. According to Sergey Ivanov, Directo
Hapag-Lloyd announces PSS increases from Europe to North America Hapag-Lloyd has announced new Peak Season Surcharges (PSS) on shipments from Europe to North America and Mexico, covering multiple origin regions and container types. For cargo from North Europe to North America and Mexico, a PSS will apply to all container types for sailings commencing on 20 April 2026 until further notice. The surcharge will be set at USD 250 for 20-foot containers and USD 500
Port of Rotterdam develops liquid hydrogen facility Air Products' new liquid hydrogen production facility in the Rotterdam port area has exceeded 65 percent completion and remains on track to become operational in 2027. Upon commissioning, it will be the largest liquid hydrogen facility in Europe, further consolidating Rotterdam's position as a leading hydrogen hub on the continent. The plant will significantly expand the availability of liquid hy
Port of Melbourne and MEDLOG partner to redevelop a freight hub Port of Melbourne has announced MEDLOG as the major tenant for the redevelopment of the Former Melbourne Market site, marking a significant milestone in the transformation of the precinct into an integrated port-connected freight facility. The development is underpinned by approximately AU$ 500 million in private sector investment and is facilitated by the Allan Government's decision to activate
Mawani launches expanded Jubail Container Terminal with $532M investment Saudi Ports Authority (Mawani) has begun operations at the upgraded container terminal at Jubail Commercial Port under a concession agreement with Saudi Global Ports , backed by an investment exceeding SR2 billion ($532 million), according to local sources. The project includes major infrastructure and equipment upgrades. Quay length has expanded from 1,000 to 1,400 meters, while berth depth has
CMA CGM adds Montreal call to CAGEMA service CMA CGM has upgraded its CAGEMA service by introducing a new direct call at Montreal , expanding connectivity between Canada, the U.S., and Latin America. The enhanced service will maintain its existing call at Saint John , giving shippers access to two Canadian gateways with fixed weekly schedules, Montreal on Sundays and Saint John on Fridays. The update provides direct links from Canada to key
Western lines plant their flag in India's ports Hapag-Lloyd's $800 million bet on JM Baxi is not a commercial trade it is the latest move in a coordinated campaign to lock China out of the world's fastest-growing maritime market
Scorpio Tankers bets on nuclear-powered ships Scorpio Tankers is stepping into nuclear-powered shipping, striking a deal with US-based Ampera to develop micronuclear energy systems for maritime use. The New York-listed product tanker giant said it has entered a strategic collaboration with the reactor developer, backed by a $10m investment, to explore zero-carbon power solutions for ships, offshore assets and port infrastructure. ...
Transocean secures $1bn backlog boost Transocean has added roughly $1bn to its backlog after securing a new contract in Norway and extensions for two drillships working offshore Brazil. The New York-listed offshore driller said its harsh environment semisubmersible Transocean Barents has been fixed by Vår Energi on a 1,095-day deal at a dayrate of $450,000. The contract is expected to ...
Australian owner Thompson expands dry bulk arm with handysize buy Australia's Thompson Shipping Group has expanded its dry bulk fleet with the purchase of a Japanese-built handysize vessel. The ship, a 35,947 dwt unit, will be renamed TSL Lusaha and join the fleet of the group's shipowning arm, Thompson Shipping Lines. No price or seller has been disclosed, but the move adds another modern unit ...
Icon Energy fixes ultramax for up to 20 months on index-linked deal Nasdaq-listed Greek bulker owner Icon Energy has secured fresh employment for its ultramax, locking the vessel into an index-linked deal stretching into 2027. The Ismini Panagiotidi-led company said it agreed in March to charter out the 2020-built, 63,668 dwt scrubber-fitted Charlie to a dry bulk operator for 16 to 20 months. The new charter is ...
EMGS to sell core business to Riggs Capital Norwegian seismic service provider Electromagnetic Geoservices (EMGS) has agreed to sell its core geoservices business to Riggs Capital in a transaction worth up to $2.5m. The deal will see EMGS transfer its operations, including assets, intellectual property, contracts, and employees, into a subsidiary to be acquired by an investment and advisory firm owned by Patrick ...
Vellis family in for pair of LR2s at Hyundai Philippines Greece's Delia group is being linked to a fresh tanker order in Asia, with brokers pointing to a deal for two LR2 newbuilds at HD Hyundai's Philippines yard. The Vellis family-backed owner is said to have contracted a pair of 115,000 dwt product carriers at around $76m each, with deliveries lined up for 2028 and ...
JP Morgan interests circle new VLGC pair at Samsung yard JP Morgan's shipping arm is being linked to another newbuilding deal in South Korea, this time in the very large gas carrier segment. Samsung Heavy Industries this week disclosed a contract for two VLGCs worth about $226m, with deliveries running through May 2029 for an undisclosed Bermuda-based owner. Shipbrokers say the order points to Global ...
Ciner adds six ultramaxes in fresh $204m China order Turkey's Ciner Group has moved again in the newbuilding market, lining up six ultramax bulk carriers at China's New Dayang Shipbuilding. The 64,000 dwt vessels are priced at about $34m each, putting the deal at roughly $204m. Deliveries are expected in batches between the fourth quarter of 2028 and early 2029. The order comes through ...
Hormuz crisis places seafarers in conditions unmatched since WWII The 2020s are proving to be a brutal period for seafarers stuck at sea - and by extension securing enough crew numbers for the future. First came covid, alongside ever-increasing cases of crew abandonment, plus the ongoing 865-day Red Sea shipping crisis. Now the United Nations is warning that today's Hormuz crisis - into day ...
Borr Drilling adds fresh backlog with four rig deals Offshore jackup rig player Borr Drilling has revealed in an operational update that it won new contracts for four of its rigs. In West Africa, the 2014-built Prospector 5 has received a binding letter of award from BW Energy in Gabon. The commitment covers a firm scope of four wells, with a minimum duration of ...
Constellation Oil Services lands Petrobras extensions worth $1.1bn Brazilian offshore driller Constellation Oil Services has renegotiated three rig contracts with compatriot oil and gas giant Petrobras. The amendments add nearly 10 years of contract extensions for Brava Star, Gold Star, and Alpha Star, strengthening long-term fleet utilisation and cash generation. The amendments resulted in approximately $1.1bn of additional backlog, increasing the company's bac
The invisible oil fuelling Myanmar's genocide Tommaso Franco, a geopolitical analyst at the Swiss Institute for Global Affairs, discusses the Andaman Sea's ghost fleet where deliberate invisibility transforms international waters into a lawless, deadly corridor. There is a stretch of water between Myanmar, Bangladesh and Thailand where the Rohingya humanitarian crisis and the interests of the Iran's shadow fleet converge. The ...
Why port climate resilience requires collaboration More frequent and severe weather events are placing growing strain on port infrastructure. Due to their role in facilitating global trade and economic health, disruption at a single gateway can quickly reverberate across international trade and supply networks, meaning ports cannot respond in isolation. Coordinated action between port authorities, governments and the private sector is ...
Tanker stocks bounce back amid war, reapproaching multiyear highs The bearish view that the Strait of Hormuz closure will ultimately be bad for tanker demand is not swaying stock...
CMA CGM boxship to navigate Strait of Hormuz via Iran-approved corridor The 2014-built boxship appears to be bound for the Republic of Congo port of Pointe Noire on a CMA CGM...
Greek shipowner gets prison sentence after losing V.Ships injunction case Lambros Stravelakis 'wholly without remorse' for contempt, judge rules
Middle East port update: Thursday, April 2 Traffic through the Strait of Hormuz continues to be severely disrupted and conditions may change at short notice
Hopes Middle East conflict will be 'moment of enlightenment' for GNSS overreliance Ships rely on GNSS for a huge amount of equipment, but much of it is rendered useless when jammed by...
Middle East crisis chokes ship recycling as energy costs and freight rates surge Despite weak supply, some recyclers are offering above-market prices to secure ships and maintain operations. But a meaningful recovery in...
Asia may see hull insurance rate hikes in second half of 2026 Performance costs will remain the main driver for pricing different shipping segments, despite rising compliance and costs
Odesa ports hit during overnight drone attack Russian drone strikes late on Wednesday damaged port infrastructure across Ukraine's Odesa region, hitting warehouses, storage sites and residential areas...
Preston Turnbull recruits McKie from CMS Veteran lawyer joins Clyde & Co breakaway
Omani ships transiting Strait of Hormuz eastbound, avoiding 'Tehran-approved' corridor If successful, these will be the first ships tracked not taking the Iranian corridor through the chokepoint in nearly three...
Singapore consolidates registry gains as reflagging wave shows no sign of reversing Lloyd's List Intelligence data reveals 673 vessels have switched to Singapore's registry since 2024, with tonnage from Hong Kong accounting...
The Daily View: When 'effective IMMEDIATELY' insurance isn't immediately effective
Daily Briefing Nearly one month later, Trump's war risk insurance scheme is going nowhere | 'Tanker cycle timing: from 'scramble mode' to...
Rubio, in escalation, criticizes China for detaining Panama-flag ships The comments by the US Secretary of State heightens the Trump administration's involvement a week after the top federal maritime regulator flagged the ship detentions.
Veteran PRPA, Fairview terminal executive to lead Prince Rupert port Kurt Slocombe will guide the Western Canadian port in completing a transload and logistics facility, channeling a boom in commodity exports, and recovering volume share lost during the pandemic.
Jump in diesel prices alone not enough to boost intermodal fortunes: analyst While fuel prices have historically served as a tailwind for modal conversion, in and of itself, it is insufficient to guarantee success, writes Ted Prince.
Singapore bunker supply continues to run down as Middle East war drags on With more than 50% of the city-state's bunker fuel imported via the Strait of Hormuz that has been effectively closed since the war started on Feb. 28, suppliers are feeling the pinch.
Maersk again asks FMC to waive 30-day review period for emergency fuel surcharge The carrier is implementing a second surcharge on US trades to recoup higher operating costs driven by the war in the Middle East, and is asking maritime regulators for permission to levy the fee immediately.
China Merchants Port edges closer to closing Brazil Vast deal Vast project advances from agreement to execution phase
Scorpio Tankers joining push into nuclear propulsion in linkup with US company Monaco-based clean product firm is investing $10m into strategic partner
UK hosts talks with 35 nations on Strait of Hormuz transits - with one notable absentee US not part of discussions after Donald Trump warned of two to three weeks of continued bombing
Tow dropped in storm leaving Russia's damaged LNG carrier Arctic Metagaz adrift Libya pleads for international help in handling damaged Russian LNG carrier
Nokta went quiet. Shipping got loud. Here is what he missed This week's Streetwise takes a look at the veteran analyst's second act at Clarksons Securities amid geopolitical turmoil
Turkey in talks with Iran to get 11 ships through Strait of Hormuz Transport minister says discussions with Iranian authorities ongoing
War 'a major concern' for Maersk group, says Robert Uggla Danish giant is trying to safeguard 8,000 staff in the Middle East
Saverys companies linked to fresh crude tanker sales as valuations rise Brokers say two suezmaxes have gone to a single buyer for $95m
War 'a major concern' for Maersk group, says Robert Uggla Danish giant trying to safeguard 8,000 staff in the Middle East
Nikolaus Oldendorff throws weight behind Canadian hydrogen producer Aurora Shipowner deploys funds from Oldendorff Overseas Investments to finance 'cheapest path to cleaner and affordable hydrogen'
Vyron Vasileiadis inks debut suezmaxes in growing tanker and boxship wager Greek owner adds two yards in the China State Shipbuilding Corp (CSSC) group to his list of shipbuilding partners
Ukrainian attacks make compliant tankers a safer bet for Russian trade, says Ambrey Intelligence company assesses the Russian export market as drone raids continue in Baltic
Affinity rebuilds Houston-based clean tanker team with two key hires Brokerage's head of LNG in Singapore steps down
'Supply shutdown' fears as tankers stranded beyond Strait of Hormuz reach storage capacity Greek platform says risk has shifted into 'materially different territory'
First LNG carrier braves Strait of Hormuz exit in ballast Oman's Asyad Shipping appears to be moving its vessel
Stefanou Bros bulker fleet breaks 30-ship mark with new kamsarmax buy Deal for 2012-built vessel points to rising values amid improving prospects for coal trade
Car carrier comes to the rescue of distressed yacht crew UECC vessel cooperates with French and Spanish authorities in Bay of Biscay operation
Libya pleads for international help in handling damaged Russian LNG carrier Country has no facilities or ports large enough to accept a vessel of this size, port authority says
Shell seeks up to 20 slots as it sizes up new tanker haul Major following a tested path on securing tonnage as company moves to renew its fleet
Ukrainians immersed in a sweeping Russian dark fleet tanker network One Odesa shipowner went from regional leader to fugitive to dark fleet player
VLCC makes rare Chinese crude export voyage to supply Singapore refinery Tanker heads to Jurong with oil from stored reserves
HD KSOE raising $1.5bn to help US ambitions amid top leadership changes Former Hyundai Mipo chief takes up joint CEO position with Chung Kisun
UK to host talks with 35 nations on Strait of Hormuz transits - with one notable absentee US not part of discussions after Donald Trump warned of two to three weeks of continued bombing
With missiles flying above them, officer reveals how crew decided to run Strait of Hormuz gauntlet All crew members had to agree before the Pine Gas took the route offered by Iranian Navy
Iran taking payments for Strait of Hormuz passage in crypto and Chinese yuan VLCCs expected to pay $2m to pass through critical chokepoint
Dynacom does it again: First tanker into the Gulf after war began makes it out Suezmax hit the headlines early in March as George Procopiou went against the grain
Hormuz shock triggers capital flight from developing economies UNCTAD flags early financial contagion beyond shipping and energy disruption
Boxship owner launches bid to raise millions from Malaysian bourse listing Malaysian boxship owner to finance 12-vessel expansion
Fuel smuggling probe sees Bolivia halt Vitol petrol deal Government investigating whether poor quality barrels were brought in from neighbouring Chile
Iran taking payments in cryptocurrency and Chinese yuan for Hormuz passage VLCCs expected to pay $2m to pass through critical choke point
US state department offers big rewards for intel on North Korea's shadow fleet Government puts bounty on vessels helping North Korea bust sanctions on oil and coal
ST Engineering lands $466m Kuwait naval sub-contract Singapore shipbuilder deepens Middle East defence footprint with missile boat deal
Hanwha Philly Shipyard wins Navy subcontract Late entrance signals catch-up move as South Korean yards target US naval market
Shandong Shipping mulls order for up to 10 triple-fuel VLOC newbuildings The shipping company has inked MoU with favoured yard to build the Guaibamaxes
HD KSOE raises $1.5bn to help US ambitions amid top leadership changes Former Hyundai Mipo chief takes up joint CEO position with Chung Kisun
War and profit pressure see ONE chop back newbuilding plan Asian liner giant has trimmed down plans for order of up to 22 vessels to six ships
Russia needs fresh fleet capacity to maintain Yamal LNG exports, researchers say First-quarter exports from Arctic plant all went to Europe, data reveals
JP Morgan confirms order for VLGC newbuilding duo at Samsung Heavy Industries Contract prices 2029-delivering vessels at around $113m each
Mercedes-Benz sets $4B investment in plant served by Norfolk Southern Mercedes-Benz ( MBG.DE ) plans to invest $4 billion at its Alabama plant by 2030, site of the German automaker's first U.S. production facility. The company at a ceremony this week marked production of 5 million vehicles since it opened in 1997. Vance, which employs 5,800 people, is one of two M-B plants served by Norfolk Southern (NYSE: NSC ). The other is a van production facility located in No
Tariff rewrite puts cross-border metal trade in crosshairs The Trump administration is considering overhauling its steel and aluminum tariff regime, a move that could raise import costs for some products while reshaping cross-border manufacturing and freight flows. The changes, expected through a presidential proclamation, would keep the 50% tariff on commodity steel and aluminum imports from many of the top trade partners of the U.S., including Canada a
Staten Island showdown: NLRB orders Amazon to bargain with union Amazon has been ordered by the National Labor Relations Board to recognize and bargain with the union at a warehouse on Staten Island, New York. The union there was originally known as the Amazon Labor Union, owing to the fact that when it was elected by the warehouse rank-and-file to represent it in April 2022, it was a standalone union not tied to any larger organization. It has since aligned w
Strait of Hormuz closure pushes Asia-US ocean rates up 29% The effects of the Iran war are being felt across the global supply chain, as container rates rise sharply on vital headhaul trade routes including to the United States, an analyst said. "Five weeks into the Strait of Hormuz closure and spot rates on every major east-west trade lane have risen sharply, showing this is a conflict with global repercussions for ocean supply chains," said Peter Sand,
21 Air eyes larger Boeing 777s to access long-haul cargo market 21 Air, a small mid-size cargo airline that provides dedicated transport for DHL Express and Amazon, is preparing to step up a level in aircraft size to the Boeing 777 in search of more lucrative international business under the guidance of a new interim CEO, said owner Jim Crane, the billionaire founder and chairman of Crane Worldwide Logistics, in an exclusive interview. At the same time, Canad
Canada logistics market heats up with new DCs, acquisition, drayage launch Several logistics providers are expanding operations in Canada through new facilities, acquisitions and cross-border services, signaling growing demand for third-party logistics and distribution capacity across the country. Third-party logistics providers are increasing investments in warehousing, fulfillment and drayage as Canada's 3PL market continues to expand alongside e-commerce growth and c
Some Indiana CDL drivers woke up today without a license Indiana just became the first state in the country to revoke commercial driver's licenses from undocumented immigrants on a mandatory basis. The law went into effect at midnight on Wednesday. If you run trucks in Indiana, hire from Indiana, or move freight through Indiana, this affects your operation today. Here is what happened and what it means. What the law does House Enrolled Act 1200, signed
The Suez Canal Authority has announced that it will introduce surcharges on transit tariffs through the Egyptian canal for most major cargo vessels, effective July 15.
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