Teesport welcomes 5,000 Chery vehicles PD Ports has welcomed one of the largest automotive vessel calls to Teesport in recent years, with 5,000 vehicles arriving from China as part of a major UK import operation for Chery Automotive. The shipment includes vehicles from across the Chery portfolio, comprising Jaecoo and Chery models alongside the first 1,300 Lepas plug-in hybrid cars to be imported into the UK market. The vessel call de
Kaleris acquires Newport Systems for intermodal maintenance and repair Kaleris has announced the acquisition of Newport Systems creating what the company describes as the industry's only end-to-end M&R platform connecting the full asset lifecycle across marine terminals, inland depots, rail terminals, equipment owners and repair providers on a single operating model. Maintenance and repair remains one of the least automated workflows in global logistics, with estima
Bureau Veritas issues approval for propulsion assistance system Bureau Veritas Marine and Offshore has issued an Approval in Principle to Bluefins for its WaveDrive propulsion assistance system, a novel technology designed to harness ocean wave motion to generate supplementary thrust for oceangoing vessels and reduce fuel consumption. The WaveDrive system uses a hydrofoil connected to the stern of a vessel through a system of mechanical arms. As the vessel pi
ONE appoints new representative agent in Mauritius Ocean Network Express (ONE) has appointed Diamond Shipping Services Ltd. as its new representative agent in Mauritius. The appointment will take effect on 18 September 2026. ONE said the move will strengthen its local presence and provide customers with dedicated support for shipping operations in Mauritius. New agent to support ONE customers Diamond Shipping Services will represent ONE from its
Port of Antwerp-Bruges strengthens trade relations with India Port of Antwerp-Bruges convened Belgian and Indian policymakers and business leaders in Mumbai to discuss the opportunities created by the India-EU Free Trade Agreement, concluded in early 2026. This forms part of the port's strategy to develop trade relations with India and consolidate its position as a key European gateway for growing cargo flows between the two regions. India is already a sign
Tropical Shipping revises cargo charges in Belize and Puerto Rico Tropical Shipping has announced two tariff changes affecting cargo moving through Belize and Puerto Rico . The carrier will increase landing charges for selected cargo arriving in Belize from 4 October 2026 . Separately, it has eliminated its cargo scanning fee in Puerto Rico following a regulatory change. Belize landing charges to increase Tropical Shipping said the Belize adjustment follows the
Samsung files US$186 million FMC claim against CMA CGM Samsung Electronics America (SEA) is seeking at least US$186 million in reparations from CMA CGM in a formal complaint filed with the US Federal Maritime Commission (FMC), alleging violations of the Shipping Act related to inland transportation and container charges. According to the complaint, Samsung alleges that CMA CGM engaged in unjust and unreasonable practices involving demurrage, detentio
Ellerman updates Bilbao-Rotterdam-Tilbury service Ellerman City Liners has updated its Bilbao to UK Express (iBEX 1) service, offering weekly connections between Bilbao, Rotterdam and Tilbury. The shortsea service connects northern Spain with the Netherlands and the United Kingdom. It also provides rail connections within Spain. Ellerman currently lists iBEX 1 among its European shortsea services. Weekly Bilbao-Rotterdam-Tilbury connection The u
Hapag-Lloyd and FIMI to revise $4.2 billion ZIM acquisition bid Hapag-Lloyd and Israeli private equity firm FIMI are expected to submit a revised proposal for their US$4.2 billion acquisition of ZIM. The two parties have been given 30 days to make structural changes to the transaction, according to a report by Calcalist. The changes are aimed at addressing concerns raised by the Israeli government over the future of ZIM and Israel's maritime interests. Israe
Maersk introduces new surcharges across Mediterranean and Durban trades Maersk has announced new surcharge measures covering Mediterranean exports to North America and cargo moving from Asia and the Middle East to Durban. The changes include a US$250 Peak Season Surcharge (PSS) from the Mediterranean to the United States and Canada. Maersk has also clarified the scope of its congestion fee for Durban. Mediterranean-US and Canada PSS set at US$250 From 5 October 2026
Freight rate divide widens between Transpacific and Europe The freight rate divide between major container shipping trades widened in the latest weekly readings, with Transpacific routes showing relative strength while Asia-Europe rates continued to weaken. At headline level, the major benchmarks remained mixed. The SCFI and CCFI moved higher, while the NCFI and Freightos Baltic Index declined and Drewry's World Container Index remained broadly stable. C
CMA CGM announces new surcharges and Kenya cargo requirements CMA CGM has announced several updates affecting cargo to the Maldives, Kenya and Latin America. The changes include new surcharges and documentation requirements. Maldives surcharge rises to US$450 per TEU CMA CGM will introduce a Peak Season Surcharge (PSS) on cargo from the Far East to the Maldives . The surcharge will initially be US$150 per TEU from 12 September 2026. It will then increase to
COSCO denies US allegations of intelligence gathering aboard vessels COSCO Shipping has rejected US allegations that equipment aboard its vessels was used to collect intelligence for Beijing. The Chinese shipping group called the claims "totally unfounded" and false. The denial follows a Reuters report based on information from two senior US administration officials. US officials accuse COSCO of intelligence gathering with concealed ship equipment COSCO rejects in
ZPMC installs wind-resistant quay crane at Qingdao Dagang Terminal ZPMC has installed a new wind-resistant quay crane at Qingdao Dagang Terminal in China. The crane is designed to withstand wind gusts of nearly 210 kilometres per hour. According to ZPMC, the new design reduces wind load by 80% compared with conventional crane designs. New design targets extreme wind conditions ZPMC has introduced several structural features to improve the crane's resistance to
T.S. Lines profit rises 23% despite lower container volumes T.S. Lines reported stronger financial results for the first half of 2026, despite a slight decline in container volumes. Revenue increased 3% year on year to US$660.4 million, while net profit rose 23% to US$233 million . The carrier handled 810,800 TEU , down 0.9% compared with the first half of 2025. Operating profit climbs 24% T.S. Lines recorded operating profit of US$235.1 million , repres
CMA CGM and CCCC sign cooperation agreement on ports and logistics CMA CGM and China Communications Construction Company (CCCC) have signed a memorandum of understanding (MoU) to expand their cooperation across several markets, according to DynaLiners. The agreement covers ports, hinterland infrastructure, logistics, transport, innovation and energy transition projects . The companies plan to explore opportunities in Africa, China, Latin America and Southeast As
The Pink Corridor: Washington's bid to write the rules of nuclear shipping A quiet announcement out of Charleston last week may matter more to the future of global trade than its modest scope suggests
Readers Speak: Arctic container shipping faces doubts over major role Readers remain cautious about whether Arctic container shipping can develop into a major global shipping route, according to the latest Readers Speak poll. When asked whether the Arctic will become a major container shipping route, responses were spread across all four options. However, the strongest overall support went to scenarios in which Arctic shipping either remains limited or does not dev
Panama Canal postpones Neopanamax draft reduction The Panama Canal has postponed a planned reduction in the maximum authorized draft for vessels using the Neopanamax Locks . Panama Canal adjusts Neopanamax booking rules amid water deficit As a result, vessels will continue to operate under the existing 14.63-meter (48-foot) Tropical Fresh Water (TFW) draft limit . The Panama Canal had previously planned to reduce the maximum draft to 14.48 meter
Fresh containership orders span 1,800 to 22,000 TEU A new round of containership orders covers vessels ranging from 1,800 TEU to 22,000 TEU, with several owners securing new tonnage for delivery from 2028, according to DynaLiners. COSCO Shipping Holdings accounts for the largest commitment. Other orders involve Peter Döhle Schiffahrts, Thenamaris and newly established Xiamen Xinliansheng Shipping. Meanwhile, Samsung Heavy Industries has secured a
Enstructure acquires control of Logistec terminal operations US-based Enstructure has acquired control of the terminal and stevedoring operations of Canada's Logistec . The operations were acquired from Blue Wolf Capital Partners. However, Blue Wolf will retain an investment interest in the combined business. The transaction significantly expands Enstructure's terminal network across the United States and Canada. Enstructure network grows to 106 terminals
CMA CGM reshuffles intra-European container services CMA CGM is preparing several changes to its intra-European network, including taking full control of the PGE service. The French carrier will also revise several services across Northwest Europe, with ports shifting between five different loops. The changes are expected to take effect from October. CMA CGM takes full control of PGE The joint PGE/iNEX service operated by CMA CGM and Ellerman City
Kongsberg Maritime to equip two new vessels Kongsberg Maritime has secured a contract from COSCO Shipping Offshore to supply an integrated technology package for two new Wind Turbine Installation Vessels being built for offshore wind installation company Cadeler. The two T-class vessels were announced by Cadeler in August 2026 and are scheduled for delivery in 2030 and 2031, forming part of the company's long-term fleet expansion strategy
Michels selected to build new Savannah marine terminal Michels Corporation has been selected to construct a new multi-use marine terminal in Savannah, Georgia . The planned facility will cover around 91.5 hectares within the larger SeaPoint Industrial Terminal Complex. Unlike other major terminals in Savannah, the new facility will be privately operated rather than managed by the Georgia Ports Authority. New terminal to feature 914-metre quay The mar
ONEX Shipyards signs agreement with for eco vessels ONEX Shipyards and Technologies Group has announced a strategic agreement with Antipollution, a member of the V Group, for the design and construction of four state-of-the-art ecological vessels with an option for four additional units. The agreement was signed at the Posidonia 2026 international exhibition in the presence of Greece's Minister of Shipping and Island Policy, Vasilis Kikilias, unde
The digital ROI conundrum in shipping Shipping has never been famous for opening its wallet on a promise. Digital technology is no exception. Fuel remains the easiest return to prove, but the industry's real technology dividend increasingly lies in avoided downtime, reduced administration, stronger compliance, better decisions and assets that simply perform better. The latest installment from our brand new SplashTech ...
Swire Shipping folds project cargo arm into main brand Swire Shipping is to fully integrate its specialist project and heavy lift business, Swire Projects, into the main Swire Shipping brand from November, while also investing further in the multipurpose fleet supporting the operation. The Singapore-headquartered company has agreed to acquire four of the six multipurpose heavylift vessels currently operated by Swire Projects under lease ...
Samsung hits CMA CGM with $186m FMC claim Samsung Electronics America is seeking at least $186m from CMA CGM in one of the largest shipper claims to emerge from the pandemic-era container crunch, accusing the French liner of imposing huge cargo charges while failing to complete prepaid inland deliveries in the US. The complaint, formally served by the Federal Maritime Commission this month, ...
Madrid tweaks shipbuilding support rules amid yard revival Spain has widened the rules governing state-backed ship financing, allowing previously approved projects to amend their subsidy awards when construction contracts or financing structures change substantially before delivery. Royal Decree, which entered into force on September 4, plugs a gap left by revisions to Spain's shipbuilding support framework introduced last year. Under the change, project
Tokyo puts $1.36bn behind first shipyard revival projects Japan has approved the first projects under its new shipbuilding revival fund, committing up to ¥213.1bn ($1.36bn) to three yard groups as Tokyo moves from policy pledges to large-scale capacity investment. The Ministry of Land, Infrastructure, Transport and Tourism has approved plans led by Imabari Shipbuilding, Japan Marine United and Namura Shipbuilding covering the fiscal ...
Russia opens giant new Arctic oil export terminal Russia has opened a major new Arctic oil export gateway, with the first crude flowing through Rosneft's Bukhta Sever terminal on the Taimyr Peninsula. President Vladimir Putin gave the order by video link over the weekend to begin loading the first cargo aboard the Arc7 ice-class tanker Valentin Pikul, while Rosneft chief Igor Sechin attended ...
IMO carbon price heads for December showdown Shipping's proposed global carbon price has survived another bruising week at the International Maritime Organization, with a clear majority of countries continuing to back the core architecture of the Net-Zero Framework ahead of a decisive round of talks in December. Nearly 1,200 delegates participated in last week's ISWG-GHG 22 meeting in London, where governments attempted ...
Russian military-linked roro targeted near Crete Ukraine's maritime campaign against Russian shipping has pushed deep into the Mediterranean, with reports over the weekend that the sanctioned Russian roro Lady Mariia was struck by drones near Crete. Drones dropped bombs on the 7,184 dwt vessel on Sunday as it headed east towards Syria. The precise origin of the attack and the extent ...
Iran threatens wider Hormuz exclusion zone after tanker strikes The increasingly violent tanker war around the Strait of Hormuz is threatening to send oil prices sharply higher, with Goldman Sachs warning today Brent could hit $120 a barrel if attacks on shipping intensify. The warning comes after another extraordinary weekend at sea in which Iran claimed attacks on three tankers, the US destroyed or ...
Panama Canal postpones latest draft cut with rains offering respite The Panama Canal has postponed its latest planned neopanamax draft restriction, offering shipowners some relief after a summer of steadily tightening water constraints. The Panama Canal Authority (ACP) said on Friday it will maintain the maximum authorised draft at 14.63 m, or 48 ft, in tropical fresh water. A reduction to 14.48 m, or 47.5 ...
Vostok Oil starts flowing from new Arctic terminal Russia has started shipping crude from the giant Vostok Oil development through the newly built Bukhta Sever terminal on the Taimyr Peninsula, opening what Moscow intends to become one of the Arctic's largest oil export gateways. President Vladimir Putin gave the order by video link over the weekend to begin loading the first cargo aboard ...
The Daily View: Russia's Arctic gamble moves from ambition to reality
P&I clubs lost $250m on underwriting last year Dali claim already in collective overspill layer and may yet bust it, top broker warns
Iraq considers joining tanker tonnage rush as Hormuz risk redraws crude market Iraq is understood to be exploring the acquisition of secondhand tankers as continuing security risks in the Strait of Hormuz...
Is Somali piracy back? Lloyd's List senior reporter Joshua Minchin tries to assess the true threat of Somali piracy following a spate of hijackings...
G2 Ocean sells another open hatch ship for scrap as fleet modernisation continues Several other ageing dry cargo carriers have been sold for recycling in Pakistan, but strong freight rates continue to discourage...
Transpacific rally built on scarce capacity, not cargo boom Carriers' tight control of capacity, rather than exceptional cargo demand, is behind the latest surge in transpacific spot rates as...
Court of Appeal upholds Hague-Visby time bar ruling Finding consistent with first instance and Supreme Court decision in Giant Ace case
Russian cargoship reportedly hit by drones in Mediterranean escalation A sanctioned Russian cargoship has reportedly been struck by multiple drones in the central Mediterranean, with the vessel now adrift...
The week in newbuildings: Boom continues with orders for 57 ships signed A combined 57 newbuildings were ordered in the past week spanning gas carriers, tankers, vehicle carriers, containerships and dry cargo...
The week in charts: Sanctioned LPG tanker exits Iran shadow fleet via Alang scrapping yard | Russian Black Sea wheat loadings in freefall Lloyd's List's weekly showing of the data and figures behind our news, analysis and markets coverage
Russia ships first Vostok Oil cargo as Putin outlines Arctic ambitions At a regional forum dominated by friendly faces, Putin and China's vice premier signalled their intent to press ahead with...
Iran proposes Hormuz shipping corridor as tanker war with US escalates Iran says it is close to agreeing a new shipping corridor through the Strait of Hormuz with Oman, as a...
Daily Briefing Malaysia forum floats transit levy for Strait of Malacca as funding debate resurfaces | Sanctioned LPG tanker exits Iran shadow...
H-Line Shipping breaks five-year bulker drought with fresh order at New Times South Korean shipping company orders two LNG dual-fueled newcastlemaxes against charter contracts from Posco
Hapag-Lloyd sweetens Zim takeover offer to counter Israeli concerns Revised structure gives Israel greater oversight of Zim's Golden Share arrangements while safeguarding key shipping routes
Iranian state shipowner stacks flotilla of tankers off Sri Lanka as Gulf conflict intensifies Over the past two months, nearly two dozen National Iranian Tanker Co ships have been stashed in the Indian Ocean
Petros Pappas plots a Greek 'plan B' for Star Bulk in an age of trade wars There is far more to bulker giant's Greek flotation this week than the $130m it stands to raise
Tonnage providers cash in as MSC returns to secondhand market Sales by Global Ship Lease, Erasmus and NewNew Shipping highlight the continuing rewards available to owners
Clarksons Securities raises tanker rate forecasts backed by 'phenomenal year' Analysts see VLCC spot rates at $155,000 per day in second half of year
Sixteen seafarers evacuated from damaged Bahri tanker hit in deadly Iran attack Two Filipino seafarers were killed in strike on VLCC
Schoeller Holdings inks product tanker series in return to Chengxi Shipyard Cyprus-based owner is doubling its MR fleet
Norwegian shipping hedge fund bets on bulker stocks Agmentum says bulkers are overweight, tankers are neutral and containers are underweight
Swire Shipping buys four heavylift ships as project cargo unit folds into main brand Singapore-based shipowner purchases Nordic Project & Finance quartet leased by Swire Projects arm
Hanwha Ocean facing fresh claim of over $1bn damages from Russia's Arctic LNG 2 Shipbuilder is dragged into second piece of arbitration over Arc7 LNG newbuildings
Russia switches shadow fleet tactics to block European tanker seizures Windward reveals no falsely flagged ships have loaded Russian oil since interception of aframax in June
$1bn club: World's largest marine insurance firms bank record investment returns Insurance premiums expected to rise by up to 5% as Iran war takes toll on profits
Tanker shipping at a crossroads as geopolitics shakes up oil industry Some think crude markets may never return to 'normal' as shipping waits for Strait of Hormuz to settle
LNG carrier U-turns over apparent planned Hormuz transit Q-Flex in ballast returns to position off United Arab Emirates coastline
Capesize rates hit highest level since 2021 as bulker markets strengthen Bullish mood running through all segments of the bulker market
Sanctioned Russian ship reportedly hit in new Mediterranean drone strikes Vessel was one of the first Russian ships to be sanctioned by the West
Capesize rates hits highest level since 2021 as bulker markets strengthen Bullish mood running through all segments of the bulker market
Sanctioned Russian ship reported hit in new Mediterranean drone strikes The vessel was one of the first Russian ships to be sanctioned by the West
LNG carrier u-turns on apparent planned Hormuz transit Q-Flex in ballast returns to position off United Arab Emirates coastline
$1bn club: World's largest marine insurance firms bank record investment returns Insurance premiums expected to rise by up to 5% as Iran war takes toll on profits
Stratospheric $200m price reported for VLCC resale deal in the Middle East Greece's Dynacom Tankers Management and Iraqi buyers are tied to deal
Bulkers beached as scrapyard scramble sends South Asian recycling prices surging Leading cash buyer claims vessel scarcity is becoming as important to scrap pricing as the value of the steel itself
SAL doubles up on MPP and heavylift newbuildings at Wuhu Shipyard Company previously ordered five newbuildings in 2022
Fuel security trumps cost as LNG resists Iran war disruption: Shell Marine chief Shell Marine chief Houda Dabboussi says owners are locking in long-term supply
Police recover trailers after $155K Guinness heist, but 880 barrels remain missing Police recovered two stolen trailers about 30 miles from Runcorn, England, but their Guinness cargo remains missing. Investigators now place the haul at approximately 880 barrels worth £115,000, or about $155,000. Lancashire Constabulary located both units around Lathom in Skelmersdale. Cheshire Constabulary has announced no arrests. Investigators determined someone left the first trailer near Ha
Feds: Truckers hauled hundreds of kilos of cartel cocaine on US-Canada freight lanes Federal prosecutors charged a California restaurant operator after agents seized more than 40 pounds of methamphetamine. Investigators found the drugs inside his residence and Hyundai Sonata, according to a federal affidavit. Searches also uncovered three firearms, a digital scale and $11,800 in cash. The operation grew from a wider organized crime investigation involving long-haul truck drivers.
2 Miami runways still closed after deadly Amazon cargo jet accident Two of Miami's four runways remain closed Monday morning after an Amazon Air cargo plane operated by North Carolina-based 21 Air overran a runway during landing at Miami International Airport, struck multiple vehicles and caught on fire, leaving five people dead and five seriously injured. In an alert on its website, Miami airport said flight operations will continue to be impacted throughout the
CargoNet tracks $31.8M in Labor Day thefts as criminals breach trusted freight accounts Criminals can enter trusted freight channels through compromised carrier accounts, email systems, business phones or compliance platforms. They may change delivery instructions after a legitimate trucking company takes possession. That move can bypass safeguards focused only on carrier selection. Verisk CargoNet identifies this identity-based deception as an expanding holiday threat. The warning
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