Hapag-Lloyd raises India and Pakistan-Europe freight rates Hapag-Lloyd has announced higher ocean tariff rates for shipments from India and Pakistan to Northern Europe and the Mediterranean, effective for sailings from 1 August 2026. For cargo from Nhava Sheva and Mundra, the carrier will increase base rates by US$2,000 per container. The new rates will be US$5,253 for 20-foot dry containers and US$4,556 for 40-foot dry containers to Northern Europe, whi
GENMA wins order for eight RTGs from AD Ports Group GENMA has secured a contract from AD Ports Group to supply eight rubber-tyred gantry (RTG) cranes for the Port of Fujairah in the United Arab Emirates. The order supports AD Ports Group's expansion programme at the Fujairah terminal. GENMA will customise the cranes to operate in the region's high temperatures and dusty conditions. The company said the design will ensure high reliability and effic
Port of Long Beach seeks public input on Pier T redevelopment The Port of Long Beach is inviting public comment on a proposed redevelopment of the Pier T marine terminal by Total Terminals International. The project proposes to rehabilitate the terminal's existing infrastructure, transition cargo handling operations to zero-emissions technologies and increase utilisation of on-dock rail. The proposed redevelopment forms part of a broader programme of projec
MSC revises Britannia service rotation MSC Mediterranean Shipping Company has revised the rotation of its Britannia service connecting Northern Europe and the Far East. Under the updated configuration, the service no longer calls at Zeebrugge and Mundra, while the westbound call at Colombo has also been removed. The revised rotation is: Felixstowe, Rotterdam, Antwerp, Gdansk, Gdynia, Klaipeda, Bremerhaven, Antwerp, London Gateway, Col
Maersk upgrades reefer fleet with next-generation IoT technology Maersk has begun rolling out a new generation of Internet of Things (IoT) connectivity devices across its refrigerated container (reefer) fleet to enhance cargo visibility and cold chain performance. The carrier plans to equip all of its reefer containers with the new devices over the coming years, following the ongoing deployment of a new digital connectivity platform across 450 vessels. Accordi
NORDEN raises 2026 profit outlook on stronger dry cargo performance NORDEN has raised its full-year 2026 net profit guidance after stronger-than-expected dry cargo performance, lower costs linked to disruptions in the Persian Gulf and additional vessel sales. The company now expects a net profit of US$120-190 million, up from its previous guidance of US$70-140 million. NORDEN said its dry cargo business benefited from a fleet repositioning strategy implemented du
Drewry World Container Index jumps 9% as transpacific and Asia-Europe rates climb The Drewry World Container Index (WCI) rose 9% this week to US$4,530 per 40ft container, driven by higher spot rates on the transpacific and Asia-Europe trades. The benchmark index has increased 61% compared with the same period last year. Transpacific rates continue to rise Spot rates from Shanghai to New York climbed 11% to US$7,902 per 40ft container. Rates from Shanghai to Los Angeles increas
PSA Vietnam and LHF to develop new container terminal at Lach Huyen Port PSA Vietnam and Lach Huyen International Logistics & Industrial Park (LHF) have signed an agreement to jointly develop and operate four deep-sea container berths at Lach Huyen Port in Hai Phong, northern Vietnam. Under the agreement, PSA will invest in Lach Huyen Port Investment Joint Stock Company (LHP). The company will develop and operate the project. The new terminal will have an annual handl
Port of Maputo selects Kalé for Mozambique's first Port Community System The Port of Maputo has selected Kalé Logistics Solutions to develop Mozambique's first Port Community System (PCS). The project marks a major step in the country's digital transformation. It also supports Mozambique's goal of becoming a leading trade hub in Southern Africa. The project was awarded by Maputo Port Development Company (MPDC). The new platform will connect shipping lines, terminal op
German rail freight declines in 2025 as competitors gain ground Germany's rail freight sector contracted in 2025 as weaker industrial activity and the ongoing restructuring of DB Cargo weighed on the country's logistics market, according to a special market analysis published by Germany's Federal Network Agency (Bundesnetzagentur) . Rail freight transport performance fell by 5.4% year-on-year to 127 billion tonne-kilometres, while operating performance declin
East Asia remains the engine of global container exports Analysis based on EconDB operational estimates East Asia continues to dominate global container exports, according to the latest operational estimates published by EconDB . An analysis of the dataset covering February 2022 through June 2026 shows that the region consistently accounts for the largest share of monthly container exports, reinforcing its position as the world's primary manufacturing
DP World marks investment at port of Tartous with cranes DP World has reached the first significant milestone in the modernisation of the Port of Tartous with the arrival of the first of three new Mobile Harbour Cranes marking the initial tangible investment under the company's 30-year concession agreement with the Syrian government signed last year. Two additional cranes are scheduled for delivery by August. Each crane is capable of handling approxima
Singapore container throughput rises 3% in May despite lower bunker sales The Port of Singapore handled 3.94 million TEUs in May 2026 , a 3% increase compared with the same month last year, according to the latest figures released by the Maritime and Port Authority (MPA). The port also recorded growth in vessel traffic. Vessel arrivals reached 11,729 , up 3.4% year-on-year, while total vessel tonnage increased 1.1% to 278.62 million gross tons . Despite stronger contai
China is pursuing a dimensional maritime strategy New DP World survey data shows Chinese firms racing to diversify sourcing and adopt AI but the pattern confirms Beijing's dimensional maritime architecture rather than escaping it. This content is locked Select a CN Premium Subscription Package To Unlock The Content! The post appeared first on Container News .
Suez Canal Container Terminal will operate on 100% renewable electricity Suez Canal Container Terminal, part of APM Terminals, has signed a power purchase agreement with Egypt's New and Renewable Energy Authority in close collaboration with the Suez Canal Economic Zone authority, enabling the terminal to source 100% of its electricity from renewable energy. The agreement was signed at the Cabinet headquarters in Cairo in the presence of Prime Minister Dr Mostafa Madbo
Explainer: Behind US-Iran technical talks Two developments emerging in parallel from the Strait of Hormuz's post-ceasefire environment warrant correlation rather than isolated reading. This content is locked Select a CN Premium Subscription Package To Unlock The Content! The post appeared first on Container News .
Sea-Intelligence: PLSCI Data Indicates Mega-Hub Retrenchment Analysis of the 2026-Q2 Port Liner Shipping Connectivity Index (PLSCI), published by the United Nations Conference on Trade and Development (UNCTAD), indicates that recent network recalibrations have seemingly transitioned from reactionary measures into permanent structural baselines. Shipping lines are actively reorganizing port connectivity by concentrating on regional relay ports and specific
CMA CGM strengthens Indonesia partnership to combat illegal wildlife trade CMA CGM Group has strengthened its partnership with Indonesia's Ministry of Forestry and WCS Indonesia to combat illegal wildlife trafficking through the country's logistics network. The partners shared the results of the initiative during an event in Bandar Lampung. They also visited the Wildlife Detection Dog (WDD) facility in Kalianda, South Lampung. The collaboration began in 2024. Since then
Broekman Logistics appoints Suresh Kumar Kannappan as Managing Director for the Indian Subcontinent Broekman Logistics has appointed Suresh Kumar Kannappan as Managing Director for the Indian Subcontinent. Kannappan brings extensive experience in supply chain and logistics management. He has held senior leadership roles across contract logistics, freight forwarding, commercial strategy and business development. Before joining Broekman Logistics, he served as Vice President of New Product Develo
Everllence expands Augsburg training centre with €6.5 million investment Everllence has expanded its PrimeServ Academy in Augsburg, Germany, nearly doubling the facility's size to meet growing demand for technical training. The company increased the academy's floor space from 1,700 square metres to around 3,000 square metres. The expansion required an investment of €6.5 million. Everllence officially opened the expanded facility during its annual Technology Fair, whic
Piper Alpha victim's son tells story of loss and survival in new memoir A man who lost his father in one of the most catastrophic industrial disasters in history, the Piper Alpha oil platform explosion in 1988, has written a memoir that charts his journey from grief and turmoil to purpose, safety advocacy, and the honouring of a remarkable legacy. The memoir Through the Flames: Piper Alpha - ...
Canada pipeline plan points to bigger Pacific tanker trade Canada has moved closer to opening a major new crude export route to Asia, advancing plans for a Pacific Coast pipeline that could add more than 1m barrels per day of tanker-loading capacity from southern British Columbia. Prime minister Mark Carney and Alberta premier Danielle Smith unveiled the proposed route this week, saying the line ...
Splash Wrap: Shipping in the spotlight Commercial shipping through Hormuz is moving again, but the strait is still far from normal. Operators still face uncertainty over routing, approvals and who controls passage. Iran continues to claim authority over traffic management, while the US rejects that position. AP Moller Holding revealed it is acquiring Norwegian shipleasing specialist Ocean Yield from funds managed ...
JERA Nex BP boosts Belgian offshore wind portfolio JERA Nex BP has increased its holding in two Belgian offshore wind farms after buying out Sumitomo Corporation's stakes in the projects. The joint venture between energy major BP and Japan's largest utility JERA has taken full ownership of the 219MW Northwester 2 wind farm by acquiring Sumitomo's 30% interest. The JV also bought Sumitomo's ...
Container spot rates hit four-year highs Container spot freight rates jumped again this week, pushing global benchmarks to their highest levels since the pandemic-era peak of 2022, as tariff-driven cargo frontloading combined with lingering disruption around the Strait of Hormuz. Drewry's World Container Index rose 9% week on week to $4,530 per 40ft container, lifted by gains on both the transpacific ...
TotalEnergies pockets $350m from Malaysia asset sale French oil and gas major TotalEnergies has sold its 85% interest in Block 2E offshore Malaysia, representing a net interest of 8.5% in the Marjoram gas field, to Inpex for $350m. Through this transaction, TotalEnergies has realised the full value of its minority interest in a non-operated gas project, enabling it to focus on its ...
PSA to invest in new deepsea container hub in northern Vietnam PSA Vietnam has signed an agreement to invest in Lach Huyen Port Investment Joint Stock Company to jointly develop and operate four deepsea container berths at Lach Huyen Port in Haiphong. The project, being developed with Lach Huyen International Logistics & Industrial Park, will have annual handling capacity of 4.5m teu once fully completed, strengthening ...
Last-minute pay deal averts Norwegian rig workers' strike Norwegian unions representing workers on drilling rigs and floating production platforms have struck a wage deal with employers, avoiding a strike that would have affected more than 600 people on key offshore assets. The last-minute deal was reached on Thursday evening, close to the midnight deadline, the Norwegian Shipowners' Association said, which represented employers in ...
Piracy hostages face worsening conditions off Somalia Regional maritime security states have issued an urgent appeal for international action as conditions deteriorate aboard the Palau-flagged tanker Honour 25, whose 17 crew have been held captive for more than two months. The vessel was hijacked on April 24 and remains under pirate control. According to the latest communication from the master, all crew ...
AI is ending shipping's copy-and-paste era Maritime software has forced commercial teams to act like clerks, moving data between disconnected systems. AI is starting to change that, writes Will Robinson, the founder of HelmOS, shifting the battle from who has the best database to who controls the surface where decisions are made. No broker or commercial manager thinks in terms of ...
Goldenport contracts three new 1,800 teu feeders Order at reactivated Wuhan Qingshan yard adds to recent Greek wave of investment in smaller boxships
Hormuz contract disputes shaping up as huge issue for shipping and marine insurance Impact 'potentially colossal' as shipowners, charterers and underwriters jockey for their widely differing commercial interests to prevail
France sets benchmark €1m price tag for fraudulently flagged ships Europe's catch-and-release strategy for stateless shadow fleet ships now comes with a benchmark price tag of €1m - not enough...
China Merchants stays bullish on VLCCs as market debates whether rally has legs Whether demand can absorb the tonnage flowing back into the Middle East Gulf market has become a key question dividing...
LNG carrier transits plunge as Iran repeats claim of control over Hormuz Only two LNG carriers crossed the Strait of Hormuz this week, down from 13 a week earlier, as Iran repeated...
Indian state rebukes MSC-Adani over unannounced $1.4bn Vizhinjam port deal Keralam's chief minister has criticised MSC and Adani for announcing a $1.4bn, 49% stake deal for the new Vizhinjam transhipment...
Middle East port update: Friday, July 3 Ras al Khaimah ports are operating normally. RAK Ports Group will implement a Marine Risk Surcharge applicable to all vessels...
The Daily View: Size matters
Key container lines have pulled most ships from Middle East Gulf MSC still has the largest presence with eight vessels, including two ships seized by Iran that remain off the Iranian...
Iranian crude liftings recover post-blockade as indirect talks with the US conclude in Doha The removal of the US naval blockade and a waiver on sanctions will allow continued flows of Iranian barrels. But...
PSA deepens Vietnam bet with Hai Phong terminal as port investment wave continues Global port operators are pouring billions into Vietnam as supply chain diversification reshapes Southeast Asia's logistics landscape
Daily Briefing MSC's megamax fleet expansion is reshaping global container shipping | Hormuz crisis sparks surge in shipping contract disputes | Curbed...
'Acute' truckload capacity shortage seen pushing up LTL demand As truckload capacity in the US gets tighter and rates move higher, more freight is being shifted to less-than-truckload providers - something that will continue, attendees at the SMC3 Connections conference were told.
Wavelength podcast: Faking a Norwegian plus, any ship heading to UK is in the UK ETS now and how researchers are helping predict asset climate risk
Zim and ONE complete handovers as CEOs set out their visions Incoming executives stress continuity and future growth
China's Jiangmen Nanyang inks ultramax and handy bulker orders worth $350m Clarksons reports contracting spree from unknown interests at Guandong yard
Sinokor breaks into Middle East Gulf as litany of vessels finds post-war work Shuttle service is crystallising, while other VLCCs head north towards Iraq
Transpacific container market hits record capacity as spot rates climb further Port congestion worsens already tight market as carriers struggle to keep pace with import demand
DOF Group nets a handful of contracts and extensions Oslo-listed offshore vessel owner watches backlog grow
'They wanted nothing but their liberty': Why seafarer rights are in the Declaration of Independence Did mariners' resistance to the British navy's 'impressment' help inspire the American Revolution? Historians disagree
Winners and laggards: How did shipping stocks fare in the first half? TradeWinds runs the numbers on stock performance in the first six months of the year
Winners, losers and laggards: How shipping stocks fared in the first half TradeWinds runs the numbers on stock performance in the first six months of the year
QatarEnergy LNG carrier ends week-long fresh avoidance of Strait of Hormuz Vessel follows Adnoc ship's dark crossing of contended waterway
Bulker stocks to 'ride higher' on back of coal and iron ore boost Seasonal strength and commodity demand indicate a firmer second half, Arctic says
Greek owner Myron Tsatsakis crosses $100m-spending mark with new buy Bulker player Modion Maritime has been focusing on mid-aged post-panamaxes and kamsarmaxes
Going green pays, says Maersk expert as UK casts net wide with new emissions charges Sune Strom says owners should be leaning in rather than seeking a way out
Remoy Shipping relaunched by new Saudi owner New backer unveils Bower Offshore as it targets international growth
The TradeWinds quiz Were you paying attention to all the shipping news as the Middle East conflict dominated the agenda?
Intertanko taps BP Shipping executive for top technical role The executive brings tanker decarbonisation and regulatory experience
Samsung Heavy targets 2028 for first floating AI data centre South Korean shipbuilder expects first commercial project within two years as partnerships take shape
All Nordic American tankers clear of Gulf, says Herbjorn Hansson Owner moves its final suezmax through Strait of Hormuz
France fines shadow tanker seized in false-flag case The Tagor is free to leave after payment of $1.1m
New Canadian pipeline to boost tanker exports to Asia Government announces plan to get more Alberta oil to Pacific coast
Singapore Stock Exchange launches Atlantic-focused handysize FFAs Contracts will help participants match hedges more closely to their physical exposure
Yangzijiang Maritime adds two more MR tankers to it growing orderbook The one-year-old company has amassed a fleet of over 100 vessels including newbuildings
Intertanko taps bp veteran to bolster technical firepower Former bp executive brings tanker decarbonisation and regulatory experience
Samsung Heavy pins down floating data centre timeline South Korean shipbuilder expects first commercial project within two years as partnerships take shape
Highway, post-Montgomery, requiring ELD hookups for all carriers What is a reportedly small percentage of carriers that are vetted through the Highway compliance system are facing a looming requirement to hook their ELD up to the company's system. July 5 is the deadline for connecting an ELD to Highway, according to the memo that has been circulating for several weeks. And the policy is a direct response to the new normal for brokers created by the Supreme Cou
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