Southern Devall expands fleet with two new 3,000 hp. towboats Southern Devall, Memphis, Tenn., has expanded its fleet with the addition of two new 3,000-horsepower towboats, the M/V Wanda B and M/V Marlee Mae, underscoring the company's ongoing investment in modern equipment
Saronic AUV used in rescue of crew members from downed Apache Recently, we have been reporting a lot on Austin, Texas, headquartered autonomous surface vessel innovator Saronic Technologies. On June 8 a 24-foot Saronic Corsair ASV gave a convincing proof of its performance
Public, private sector collaboration keep freight moving on inland waterways Ongoing collaboration between industry and government partners is essential to maintaining safe, reliable and efficient freight movement along the Mississippi River system, particularly as operators navigate dynamic river conditions, infrastructure demands and
Delfin takes $5B FID to go ahead on world's largest FLNG vessel Houston-based Delfin Midstream Inc. this week announced that it has taken a Final Investment Decision (FID) for the first floating liquefied natural gas (FLNG) vessel of the Delfin LNG project under development
Jones Walker grows maritime practice with addition of special counsel Nicole Wolf in Miami Law firmJones Walker LLP has appointed Nicole Wolf as special counsel in its maritime practice group and a member of the maritime litigation and dispute resolution team in the firm's Miami office.
Austal and Caterpillar in Global Value Agreement Caterpillar Marine and Austal have executed a Global Value Agreement (GVA) for Austal's worldwide footprint of existing and new vessels that support defense and civilian applications. The companies says that the GVA
Compute Maritime projects big fuel savings for AI-designed CTV A next-generation AI-designed offshore wind crew transfer vessel is projected to save over 100,000 liters of fuel a year, resulting in major CO2 emissions reductions. That's according to London-based Compute Maritime, whose
VIDEO: EXMAR takes delivery of ammonia-powered Antwerpen Antwerp-headquartered EXMAR has now taken delivery of the Antwerpen, the world's first oceangoing vessel powered by a dual-fuel ammonia engine. Delivery of Antwerpen, recently christened along with sister vessel vessel Arlon, is
Freightos joins IATA digitalization initiative Freightos has joined the IATA Digitalization Leadership Charter to support the adoption of digital standards across the global air cargo industry. The company said the initiative aims to improve interoperability, real-time connectivity and data exchange between carriers, freight forwarders, shippers and technology providers. IATA launched the Charter to accelerate digital transformation across th
The Digital Transformation of Infrastructure Management and Facility Maintenance Infrastructure management has historically been a discipline built on paper. Inspection reports filed in binders. Maintenance schedules kept on spreadsheets that nobody updated consistently. Asset registers that reflected what was installed fifteen years ago with varying degrees of accuracy about what's still there and what condition it's in. For a sector responsible for assets that communities a
DACHSER to deploy Daimler's first NextGenH2 hydrogen trucks DACHSER will become the first company to operate Daimler Truck's new Mercedes-Benz NextGenH2 hydrogen-powered truck. The logistics provider will deploy the first vehicle at its Karlsruhe logistics center at the end of December 2026. Two additional trucks will enter service by mid-2027. The three vehicles form part of a pilot series of 100 NextGenH2 trucks that Daimler Truck will deliver to select
FedEx pilots ratify new labor agreement FedEx pilots have approved a new collective bargaining agreement with the Air Line Pilots Association (ALPA). The agreement received majority support in a ratification vote and will take effect on June 29. FedEx said the contract covers approximately 5,000 pilots and represents a major milestone for the company's airline operations. The company described the agreement as industry-leading and said
DHL expands Asia Pacific data center logistics network DHL Supply Chain has expanded its data center logistics capabilities across Asia Pacific to support growing demand from hyperscalers and data center operators. The company currently operates more than 30,000 square metres of dedicated data center warehousing in the region. DHL plans to add another 130,000 square metres through committed expansion projects in Malaysia and Thailand over the next tw
Rhenus opens cross-dock warehouse in Kaunas Rhenus has opened a new cross-dock warehouse in Kaunas, Lithuania, to strengthen its transport and warehousing network across the Baltic region. The new facility covers 2,500 square metres and includes racking space for more than 2,000 EUR pallets. Rhenus launched operations at the site on May 18, 2026. The company will use the warehouse to handle domestic deliveries within Lithuania and groupage
How Suez reprices the return Egypt's new surcharge regime confirms what the Hormuz crisis already established strategic waterways have entered a permanent era of toll extraction, and operators returning to canonical routes pay twice
DSV expands pharma air network DSV has expanded its Air ThermoDirect solution with the launch of a new direct air freight connection between Luxembourg and Indianapolis, aimed at strengthening temperature-controlled pharmaceutical supply chains. The new route will operate through Indianapolis International Airport, one of the fastest-growing life sciences and healthcare logistics hubs in the United States, enhancing cold-chain
Hapag-Lloyd announces peak season surcharge for Australia trades Hapag-Lloyd will introduce a Peak Season Surcharge (PSS) on shipments moving from the Far East, Indian Subcontinent, Red Sea and Middle East to Australia. The surcharge will apply to all container types and will take effect for sailings commencing on July 15, 2026, remaining in force until further notice. Under the revised tariff structure, the carrier will charge USD 500 per TEU across the affec
Three signals suggest a structural shift of global shipping How record tanker orders, Russia's Arctic corridor, and the EU's 21st sanctions package converge into a single structural thesis for commercial shipping
CMA CGM VENDOME makes first transit through the Suez Canal The mega container ship CMA CGM VENDOME completed its first transit through the Suez Canal on June 9. The vessel joined the northbound convoy while sailing from France to Malaysia. CMA CGM operates the vessel. It measures 399.9 metres in length and 61.3 metres in beam. The ship sails with a 16-metre draft and a gross tonnage of 244,000 tonnes. The vessel can carry up to 24,000 TEUs. It also featu
Contargo launches first electric trucks in France Contargo North France has launched its first two electric trucks in France and officially opened a new charging station at the container terminal in Bruay-sur-l'Escaut. Ports de l'Escaut inaugurated the facility on June 8 alongside Contargo and representatives from government and industry. The new charging station features two charging points for electric heavy-duty vehicles. The port authority i
Ricardo secures UK funding for advanced modular battery system Ricardo has secured UK government funding to develop its Advanced Modular Battery Systems (AMBERS) platform. The project will create scalable, high-power battery systems for automotive, aerospace, off-highway and defence applications. Ricardo leads the project consortium. The group includes battery manufacturer Volklec and battery pack specialist Hyperbat. The project received support from the UK
IMO chief warns against risking seafarers in Strait of Hormuz IMO Secretary-General Arsenio Dominguez has warned shipowners and operators against sending vessels through the Strait of Hormuz without credible security guarantees. Dominguez said he is increasingly concerned by reports that ships continue to transit the area despite escalating security risks. He stressed that the safety of seafarers must remain the industry's highest priority. The IMO chief no
Explainer: Behind Darwin port's long game When a Chinese conglomerate filed for arbitration over the forced sale of an Australian port, it wasn't just protecting an investment. It was opening a new front in a global strategy
CNC enhances JTVS service with faster links to Japan CNC has upgraded its Japan Thailand Vietnam Service (JTVS) to improve schedule reliability and strengthen intra-Asia connectivity. The enhanced service features a streamlined port rotation designed to provide more consistent weekly connections across Asia. The updated rotation calls at Tokyo, Yokohama, Nagoya, Kobe, Busan, Gwangyang, Kaohsiung, Chu Lai, Laem Chabang, Ho Chi Minh City and Tokyo. C
CEVA Logistics and EFL Africa launch joint venture in Nigeria CEVA Logistics and EFL Africa have launched a joint venture in Nigeria, creating CEVA EFL Limited. The new company strengthens both partners' presence in West Africa and expands access to global markets. CEVA EFL combines EFL Africa's local expertise with CEVA Logistics' global network and end-to-end logistics capabilities. Nigeria is one of Africa's largest logistics markets and serves as a key
Tmaz strengthens leadership team to support growth strategy Terminal Marítima Mazatlán (Tmaz), a Hanseatic Global Terminals port, has strengthened its executive leadership team with the appointment of Carlos Alberto Balderas Acosta as Commercial and Business Development Manager and the promotion of Gerardo Monreal to Operations Manager. The company said the changes will strengthen its competitiveness and support the evolving needs of international trade.
Why the port fee suspension is running out of road When the Trump administration suspended Section 301 port fees on Chinese-linked vessels in November 2025 as part of a broader trade settlement with Beijing, the official rationale was strategic: a diplomatic concession that bought breathing room in a complex bilateral negotiation
Freightos Weekly Update: Ocean rates climbing, with more increases expected soon Israel and Iran's brief exchange of military strikes - a first since early April - that concluded by Monday did not materially change the status quo in terms of the Iran war impact for the broader ocean freight and logistics markets: higher oil prices putting some upward pressure on freight rates via elevated fuel costs. Likewise, the IRGC threat to close the Bab el-Mandeb Strait via renewed Hout
U.S. Customs to open chilled cargo inspection facility at Port of Savannah U.S. Customs and Border Protection (CBP) will open a new refrigerated inspection facility at the Port of Savannah on July 1, 2026. The 4,000-square-foot chilled cargo inspection site will allow authorities to inspect perishable imports without disrupting the cold chain. Georgia Ports Authority (GPA) said the facility will help speed up the handling of temperature-sensitive cargo while maintaining
Maersk crosses self-imposed capacity cap as freight rates rise Maersk Line is set to breach its pledge to cap its capacity at 4.3 million TEU, as firming demand has seen the Danish operator chartering more ships to take its capacity to 4.7 million TEU. According to Linerlytica, Maersk chartered Seaspan's 2011-built 13,092 TEU Seaspan Pride, Sea Consortium's 2023-built 7,092 TEU X-Press Pisces, Safeen Feeders' 2011-built 3,421 TEU Safeen Power and Transworld
PXGEO signs Equinor deal for autonomous subsea inspection trials Marine seismic specialist PXGEO has signed a one-year framework agreement with Norwegian major Equinor to run autonomous inspection trials with the Saab Sabertooth. According to PXGEO, the work tests and verifies Saab Sabertooth underwater intervention drone (UID) technology, validating autonomous behaviours for offshore inspection. This test represents PXGEO's first step into a market where unma
Lloyd's Register names Matthias Altendorf as next chair Lloyd's Register Group (LR) and Lloyd's Register Foundation have appointed Matthias Altendorf as the new chair of their boards. He will succeed the current chair, Thomas Thune Andersen, when he leaves the role at the end of his tenure in June 2027. Altendorf served as an executive and non-executive director of several high-profile organisations. He ...
New Brazilian biofouling rules come with fines of up to $9m Brazil has pushed back full enforcement of its biofouling regulations by 18 months, but shipowners still face the prospect of fines of up to BRL50m ($9m) for non-compliance once the rules take effect, according to guidance issued by port agency GAC. Under NORMAM-401/DPC Chapter 4, issued by the Brazilian Navy's Directorate of Ports and Coasts ...
Chinese ports dominate global efficiency rankings Chinese ports once again dominated the latest Container Port Performance Index (CPPI), with Fuzhou in top spot ahead of Dalian, Oman's Salalah, Mawan and Chiwan in the 2025 rankings published by the World Bank and S&P Global Market Intelligence. The annual index, now in its sixth edition, measures container port performance using vessel time in ...
Hong Kong newcomer books up to eight feeders at Xinle A little-known Hong Kong company has emerged as the latest entrant to the feeder containership newbuilding market, with Synelysia Limited ordering four firm 1,900 teu bangkokmax vessels at China's Xinle Shipyard, according to Alphaliner. The order includes two separate sets of options that could lift the series to as many as eight ships. Alphaliner said ...
Aker BP teams up with Viridien to advance Norwegian exploration Viridien, formerly known as CGG, and Aker BP have entered into a partnership agreement to strengthen collaboration across multi-client OBN seismic data acquisition, imaging, and technology development. The agreement establishes a five-year cooperation framework designed to align strategy and bring consistent effort to innovation and technology development, with the goal of optimising exploration
Purus grows Samsung LNG newbuild series Purus Marine is being linked to a new LNG carrier order at Samsung Heavy Industries, further expanding its growing fleet of gas carriers. Samsung Heavy disclosed this week that it had secured a contract worth around $252m for a single 174,000 cu m newbuild from an owner in Oceania, with delivery scheduled for January 2029. ...
Dutch consortium advances offshore green hydrogen plans in North Sea Hydrogen of Dutch Origin (H2DO) has kicked off a study for a 30-50MW offshore green hydrogen concept in the Dutch part of the North Sea. The TSE-funded 'Offshore Midsized Green Hydrogen Feasibility and Concept Study' will demonstrate how offshore hydrogen production can unlock more offshore wind while reinforcing Europe's strategic energy autonomy. The aim of ...
Chinese lessor seeks yard slots for six newcastlemaxes Huaxia Financial Leasing has launched a tender process for up to six newcastlemax bulk carriers, signalling a major expansion of its presence in the dry bulk sector. The Beijing-based leasing company is seeking bids from domestic Chinese shipyards for a series of six 210,000 dwt vessels structured in a 2+2+2 delivery arrangement, according to a ...
Lohmann exits container shipping with sale of final feeder pair to Lila Global German shipowner Hermann Lohmann Bereederung has sold its last two container vessels, the 1,368 teu ice-class sister ships Marina L and Theodor, to Dubai-based Lila Global, according to Alphaliner. The sale marks Lohmann's complete exit from the container shipping sector, leaving the company with a fleet focused solely on multipurpose tonnage. Financial terms were not ...
Ammonia propulsion reaches commercial reality with Exmar delivery Belgian gas shipowner and infrastructure provider Exmar has taken delivery of what is being billed as the world's first oceangoing vessel powered by a dual-fuel ammonia engine. The 46,000 cu m midsize gas carrier Antwerpen was handed over by South Korea's HD Hyundai Heavy Industries and becomes the first vessel in a planned series of ...
International Chamber of Shipping review backs onboard carbon capture The International Chamber of Shipping (ICS) has thrown its weight behind onboard carbon capture and storage (OCCS) as one of the few realistic near-term options for cutting vessel emissions while the industry waits for alternative fuels to become widely available. In a new 146-page report published this week, ICS argues that OCCS is gaining momentum ...
AI-designed offshore wind vessel to slash fuel burn and emissions Compute Maritime, the deep tech company behind NeuralShipper, the world's first AI platform for ship design, has produced a next-generation crew transfer vessel (CTV) for the offshore wind sector. The vessel, developed with Siemens Digital Industries Software, Rapid Fusion, HP, BYD Naval Architects, and the University of Southampton, is said to save 101,671 litres of ...
TGS signs up for major Equatorial Guinea seismic data project Oslo-listed seismic data specialist TGS has signed an agreement with the Ministry of Hydrocarbon and Mining Development of the Republic of Equatorial Guinea to create an offshore large-scale multi-client seismic megasurvey. The first phase will include the post-stack reprocessing of approximately 27,273 km of 2D seismic data and around 35,000 sq km of 3D seismic ...
MOL and Japan Airlines blur the line between bridge and cockpit Mitsui OSK Lines (MOL) is helping blur the boundary between shipping and aviation, teaming up with Japan Airlines (JAL), Lloyd's Register and US developer Regent to prepare a futuristic vessel that flies just above the sea at aircraft-like speeds. The four companies have signed an agreement to develop certification and approval processes for Regent's fully ...
New jackup acquisition takes PV Drilling fleet to eight rigs Petrovietnam Drilling and Well Service Corporation (PV Drilling) has expanded its fleet by adding another jackup drilling rig. With the new rig, tentatively named PV Drilling X, the company's fleet of modern offshore drilling rigs will be increased to eight. The seller of the rig and the price were left undisclosed. This means that the ...
Inside Moscow's secret network of shadow fleet watchmen Dozens of Russian men with military, security service and private military company backgrounds have been deployed aboard tankers carrying sanctioned Russian oil, according to a major investigation by the Organized Crime and Corruption Reporting Project (OCCRP) and a consortium of European media partners, backing up reports carried by Splash over the past year. The new ...
Samsung Heavy signs $2.9bn contract for US FLNG pioneer South Korea's Samsung Heavy Industries (SHI) has signed a contract for the construction of the Delfin FLNG Unit 1 worth around $2.9bn. Mitsui O.S.K. Lines (MOL), Delfin Midstream, Vitol, and a group of investors reached a final investment decision for the FLNG project last week. Delfin FLNG Unit 1 will be the first FLNG in ...
ELNAV.AI: Artificial intelligence should assist the bridge, not audit it Hrvoje Mihovilovic, founder and CEO of ELNAV.AI, is pushing for a more grounded approach to artificial intelligence in shipping and tells Maritime CEO that the technology's real value lies in delivering practical AI assistance within existing operations, not in attempting to create autonomous shipping. A master mariner with more than 30 years at sea across ...
MSC smashes liner market share record Mediterranean Shipping Company (MSC) has broken the all-time record for market share held by a single containerline, reaching 21.5% of total global container capacity in May - a milestone no carrier has come close to achieving in the history of the industry, according to Alphaliner data. The only previous benchmark worth comparing was Maersk's 19.3% ...
SplashTech Market Report: the definitive guide to shipping's tech transformation SplashTech magazine is a new premium publication from Splash dedicated to the technologies reshaping global shipping. Created for shipowners, operators, managers, and charterers, the magazine will serve as the industry's essential annual guide to navigating the hazy digital transformation sweeping through every segment of maritime trade and builds on new portal, SplashTech, launched earlier this
How the Hormuz crisis changed the equation for shipping stocks If you look at year-on-year gains, shipping shares have done phenomenally well. If you look at performance since the beginning...
Flag purge fails to dent Cameroon's shadow fleet hub status Cameroon may have deregistered 36 vessels, claiming to have dealt with the shadow fleet influx of tonnage, but 155 of...
Global container ports strain as performance index shows turnaround times rising and supply chain pressures intensifying The 2025 Container Port Performance Index shows vessel time in ports increasing again as geopolitical shocks, climate disruption and volatile...
Nuclear hype continues, but its path to a business case is unclear Small modular reactor hopefuls continue to work towards the dream of next-gen nuclear propulsion. But the technology has formidable barriers...
Gunfire exchanged between vessel and skiff as piracy surge continues Several suspicious approaches have been observed in the Gulf of Aden and around the Somali coast since mid-May
Secondhand boxship demand still strong but sales candidates remain scarce Notable deals included two newbuilding resales while Lila Global is reported by brokers to have bought a pair of 1,368...
UPDATE: Two missing after US disables shadow fleet tanker in Gulf of Oman Two seafarers are missing after US aircraft hit the engine room of a shadow fleet tanker accused of not complying...
HD Hyundai delivers world's first dual-fuel ammonia cargoship to Saverys' Exmar Newbuilding is the lead ship of four 46,000 cu m mid-sized LPG carriers ordered by Exmar in 2022
Container rates surge on early peak season, but staying power in doubt Carriers ride early peak season to push rates higher, yet transpacific demand is expected to soften with signs of loosening...
Middle East port update: Wednesday, June 10 In Bahrain, operations remain limited due to the current situation. BAPCO operations remain suspended
Tanker tonne-miles unlikely to recover before 2027-poised Hormuz normalisation Middle East Gulf crude oil production will need to recover before tankers can be laden at pre-war rates. This will...
The Daily View: The new 'dark' normal
Daily Briefing Quarter of mainstream tankers have exited Gulf but over 160 ships still marooned | Non-Iranian Gulf traders increasingly rely on...
Amazon pushes further into logistics space with launch of LTL service But third-party logistics providers and brokerages - which have been playing an increasing role in the LTL sector - are more likely to feel the heat from Amazon's competition than asset-based LTL carriers, sources told the Journal of Commerce.
India-USWC rates jump as carriers redeploy capacity to hotter trans-Pacific trade Forwarders have linked the sudden boost in rates to lower vessel capacity rather than an indication of resurgent demand, with liners shifting vessels to the more lucrative eastbound trans-Pac trade out of China.
Asia-South America rates surge after months of carrier blank sailings Spot rates from North Asia to Brazil are pushing near two-year highs after blanks on the trade lane last month jumped to their highest in at least three years.
Global air freight capacity shortages to put brakes on demand growth Demand is projected to expand between 3.5% and 5% a year over the next decade, outstripping the supply of air cargo capacity that is forecast to grow by just 1% a year.
Removed Pangaea Solutions directors turn activist investors with threat to find buyer for company Trio claim their ouster was to 'silence' disagreement on bulker operator's board
US confirms striking product tanker in incident that left three seafarers missing IMO secretary general condemns attack as 'simply unacceptable'
Lloyd's Register names new chair as Thomas Thune Andersen prepares to step down Instrumentation and automation executive Matthias Altendorf to start role in June of next year
Russia calls on IMO to solve sanctions issues for salvage of LNG ship Arctic Metagaz Flag state exempt from liability as vessel was struck in act of 'deliberate military action' by Ukraine, Russian authorities say
Ultranav-backed drone maker wins more funding for growth Denmark's Upteko brings on board more investment expertise for its expansion into defence sector
Hunter's unpaid VLCC charter hire hits $28m as counterparty ducks latest payment Norwegian group says withholding of another $10m for May is 'without merit'
Jinhui Shipping orders Chinese ultramax pair Hong Kong owner's orderbook now stands at 10 ultramaxes
Capital Clean unveils series of newbuild charters Greek owner's Capital Clean Energy Carriers has boosted its fleet with newbuildings
Aegean Shipping breaks into VLCCs with major order Greek owner also signs up for aframaxes and a suezmax option
Iran war end won't lead to business as usual, warn liner bosses Saade and Habben Jansen say Gulf disruption will linger even if Strait of Hormuz reopens
War in Iran impact shifts to 'Oh, crap' phase as tanker rates continue to cool Inventory builds from countries like Australia and Indonesia could help tankers long term, Fearnleys research head says
Rodolphe Saade: 'We can't be prisoners to Hormuz' Saade and Habben Jansen say Gulf disruption will linger even if Strait of Hormuz reopens
Shipping boom triggers rise in Suez Canal fees Authority says improvements in shipping economics is one of the reasons behind the increase
TS Lines founder steps down as chairman in leadership overhaul Founder Chen Teh-Sheng hands the reins to son James and daughter Christy
MSC extends lead as record market share widens gap with Maersk Fleet expansion pushes MSC further ahead as top 10 carriers near historic dominance levels
Norwegian shipowner Knutsen eyes nuclear retrofit of gas carrier Project could be realised in four years as part of Norwegian plans
Germany's DET reignites plan for FSRU-based Stade LNG import terminal Energos regasification unit to return from Jordan for start-up
Former Asyad vessel arrives off India for demolition Scrapping numbers are inching up
KNOT Offshore turns down two shuttle tanker buys from backers Knutsen and NYK But talks starting over spin-off purchasing $160m Hedda Knutsen
VLCCs take defensive dark stance as crude transfers pick up off UAE Windward says six tankers spotted transferring oil outside Khor Fakkan
Navios linked to five-year charters for new tankers as term rates jump Greek group said to have placed Japanese vessels on subjects with Chevron
Ratings warning for Steamship after hefty underwriting losses Insurer hit by series of big claims in 2025, including VLCC collision in Middle East
Braemar appoints Alex Rocos as new adviser to boost Chinese growth London-listed operation says experienced strategic expert will be central to Asian expansion
Seafarers missing and tanker on fire after Middle East missile strike Seafarers' union calls for 'complete transparency' over attack that started engine room fire
End of Iran war won't lead to business as usual, warn liner bosses Saade and Habben Jansen say Gulf disruption will linger even if Strait of Hormuz reopens
Evangelos Marinakis boosts bulker fleet with Posidonia newbuilding deal Greek owner's Capital Maritime has struck a deal with Hengli for up to six newbuildings
Germany's DET reginites plan for FSRU-based Stade LNG import terminal Energos regasification unit to return from Jordan for September start-up
Dozens of seafarers killed in Middle East crisis, says Iran Grim toll of more than 100 days of war
Ship captain arrested in major Dutch raid linked to Russian sanctions-busting Unnamed boxship targeted by Customs officers in port of Rotterdam
Former Jovo Energy and Maran Gas LNG carriers sold to single mystery buyer One vessel already heading into Russian flag with second expected to follow
Firefight breaks out between cargo ship and would-be attackers in pirate-prone Gulf of Aden Likely pirates chased away in first small-boat incident in the area in more than two weeks
Growing numbers of laden dark tankers gather at key Iranian export terminal Satellite imagery shows ships gathering at Kharg Island as latest vessel berths for loading
Gasum nets long-term LNG capacity at Lithuania's FSRU through to 2040 Company plans serve Danish straits customers and supply bio-LNG under new agreement starting in 2033
Dozens of seafarers killed in Middle East crisis, says Iran More than 60 seafarers are believed to have been killed in the region in more than 100 days of war
Ship captain arrested in major Dutch raid linked to Russian sanctions-busting Unnamed vessel targeted by customs officers in port of Rotterdam
Exmar heralds historic delivery of first ammonia dual fuel oceangoing vessel Pioneering midsize gas carrier sets out for China today
Low-profile Greek owner Navitas adds bulkers in twin Evalend buy Navitas ups its exposure to bulkers while compatriot peer Kriton Lendoudis is cutting his
Authorities battle to contain oily waste spill after Philippines cargo ship grounding Vessel made emergency beaching in bad weather
Clarksons brings in BP shipping finance boss as new CFO to replace Jeff Woyda Experienced executive will join world's biggest shipbroker later this year
Kuwait offers first post-war cargoes as VLCCs exit Gulf in dark transits Two tankers can now deliver crude to buyers in China and South Korea
IMO head warns against Strait of Hormuz sailings as US and Iran trade fresh blows Attempts to sail through the embattled waterway have often triggered clashes between US and Iranian forces
Ismini Panagiotidi company branches out into boxships with new investment Icon Energy takes minority stake in ship being acquired by consortium of seasoned shipping players
Huaxia Financial Leasing seeks six newcastlemax bulk carriers worth $477m Chinese lessor caps price at $79.5m per ship
Recently renamed container ship heads to auction block Ownership trail reveals multiple changes before sale
Backed by demand from developing countries, is Russian oil here to stay? Moscow's imports have climbed each month since the Iran war began
Seafarers union accuses US of 'zero regard' for lives on disabled tanker US says tanker Marivex was violating its blockade of Iran
Volvo Trucks unattended over-the-air updates launching later this year Volvo Trucks is introducing a new capability that lets fleets perform over-the-air software updates while trucks are parked and unattended. The feature, launching later this year, aims to reduce the friction fleets face when keeping vehicles up to date on software without sidelining them for costly downtime. Drivers will be able to initiate an update, turn off the truck, lock it and leave. This c
Analysts say Amazon won't shake LTL market-yet Amazon's announcement of its full entry into the less-than-truckload market sent shares of publicly traded carriers modestly lower on Wednesday. The group was off 5% on the day, which is a relatively small move considering the space has run over 60% year-to-date as market indicators continue to signal a recovery. Analysts largely looked past the news, too. Amazon ( NASDAQ: AMZN ) has openly provi
SONAR Sitrep: How nuclear verdicts are reshaping carrier economics Commercial trucking carriers are in an increasingly expensive legal bullseye. A recent SONAR Sitrep report found that nuclear civil case verdicts, runaway litigation and massive jury awards are no longer just occasional anomalies -they have ballooned into systemic existential risks threatening carrier profitability across the U.S. Defined as civil jury awards exceeding $10 million, "nuclear verdi
Green over red for surging U.S. railfreight Freight on U.S. railroads is resurgent nearly halfway into the year. The Association of American Railroads on Wednesday said volumes for the week ending June 6 totaled 521,804 carloads and intermodal units, an increase of 7.8% from the same week a year ago. Carloads came to 228,076 units, up 1%, while 293,728 intermodal containers and trailers were better by 13.6% from 2025. Six of 10 commodities
The Iron Insurance Disaster It looked like a great idea on paper. Use a trucking giant's scale and infrastructure to offer affordable insurance to small carriers, but tie the coverage to telematics, cameras, and a safety association membership. If you want a policy, put in the technology and prove you're serious about safety. The data would manage the risk. What followed was one of the most expensive experiments in trucking
For 1st time, U.S. approves controversial LNG production ship American regulators for the first time approved construction of a $5-billion floating platform in U.S. waters to produce liquefied natural gas for export. The controversial project led by Delfin Midstream of Houston, which includes several foreign investors, on Wednesday was granted a license for the project by the Maritime Administration. The project also received export approval from the Depart
Commerce finding on van imports may give relief to beleaguered Wabash Just as van trailer builder Wabash National found itself with another downgrade to its debt, there was the prospect of some relief on the horizon from a process that will put countervailing duties on imports from China and Mexico. The downgrade by S&P Global Ratings (NYSE: SPGI) on Wabash (NYSE: WNC) last week did not break new ground. In reducing its rating on Wabash to B- from B, S&P Global was
Port Houston's hurricane playbook: Safety first, cargo moving fast Port Houston officials say hurricane preparedness is a year-round effort focused on protecting workers, securing critical infrastructure and restoring cargo operations as quickly as possible when storms threaten the Texas Gulf Coast. "We're preparing all year," Eric Casey, chief operating officer at Port Houston told FreightWaves. "We do a full hot wash and after-action report after every season
But...but...shipbuilding! Democrats want China port tax reinstated Leading Democrats in Congress are calling for a reinstatement of a port tax on Chinese ships after the U.S. and China agreed to a mutual postponement in May. The suspension through November 9 was agreed to by President Donald Trump and Chinese President Xi Jinping at meetings in Beijing, and was a key concession in Trump's interim trade pact with Xi. The charges would total approximately $3.2 bil
SONAR Launches Accepted Truckload Volume Index to Close the Gap Between Tendered and Moving Freight Tender acceptance rates have long signaled stress in the truckload market - but until now, users had no direct index tracking the volume of freight that actually cleared that process and moved. SONAR's new Accepted SONAR Truckload Volume Index (ASTVI) fills that gap. The dataset family isolates accepted truckload demand by stripping out rejection activity, giving a cleaner read on what's actually
Arizona investigators say organized cargo theft crews continue targeting rail corridor after $500K train burglary arrest Two men were arrested and more than $500,000 in stolen merchandise was recovered following a train burglary near Meteor Crater west of Winslow, Arizona, but investigators say the case reflects a broader cargo theft problem affecting rail corridors across Northern Arizona. According to the Coconino County Sheriff's Office , investigators received a report on May 29 that multiple individuals were r
Amazon opens full-scale, less-than-truckload shipping to all businesses ( UPDATED 11 a.m. ET ) Amazon announced on Wednesday the expansion of its less-than-truckload service beyond its current inbound-only model to all destinations, including third-party warehouses, distribution centers and retail stores, adding another piece to a new initiative offering end-to-end logistics services to all businesses. But questions remain about how exactly Amazon's LTL offering will
FreightWaves Today: Weekly diesel fuel average continues to fall Trailer tech Mark Wallin, President and General Manager of Phillips Connect , highlighted how the dry van trailer is evolving from a basic asset into a highly intelligent, data-rich node on the supply chain. Beyond basic GPS tracking, fleets are rapidly adopting advanced sensors to monitor tire pressure, brake health and door-open events to combat cargo theft and improve roadside safety. Wallin n
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