SENNEBOGEN Material Handlers: A Game Changer on the Waterfront Sponsored Content: When it comes to seaway and waterway operations, stability, visibility, and environmental efficiency are top priorities. SENNEBOGEN's purpose-built material handlers are proving to be the go-to solution for facilities across
Marea Scale Models uses AI-assisted design to accelerate model production To some of us, a scale model of a ship will always convey something that a digital twin on a screen cannot. Now, a new U.K.-based maritime model-maker - Marea Scale Models
USS Arleigh Burke enters dry dock in Cadiz The Arleigh Burke-class guided-missile destroyer USS Arleigh Burke (DDG 51) entered dry dock at the Navantia shipyard in Cadiz, Spain, Oct. 7, marking the first such evolution in the U.S. 6th Fleet
New SafeSBU guidance helps ports accelerate safe transition to green fuels As ports prepare for ships fueled by methanol, ammonia, and hydrogen, they face a common challenge: how to introduce new fuels safely while keeping daily operations steady. A new guidance from Denmark's
Two new TMS Cardiff Gas vessels will be backed by five-year Wärtsilä service agreement Wärtsilä has signed a five-year service agreement with George Economou-controlled TMS Cardiff Gas to support the operation of two newbuild liquefied natural gas carriers. The agreement is designed to maximize vessel availability
Bollinger hosts OMB director, USCG brass for ASC progress update Bollinger Shipyards this week welcomed Director of the Office of Management and Budget (OMB) Russ Vought, Commandant of the U.S. Coast Guard Adm. Kevin Lunday, and senior Coast Guard and Administration officials
ZIM adds Houston to VEL service ZIM is adding Houston to its Venezuela Line (VEL), creating a direct connection between the United States and the North Coast of South America, according to DynaLiners. As part of the adjustment, the carrier will remove the second Puerto Cabello call from the ZIM VEL service. Revised ZIM VEL service rotation The new rotation will be: Houston - Kingston - La Guaira - Guanta - Georgetown - Puerto C
Marsa Ocean adds second India-Gulf service Dubai-based Marsa Ocean Shipping will launch a new service connecting India with Oman and the United Arab Emirates, according to Alphaliner. The new India Gulf Express (IGX) will become Marsa Ocean's second India-Gulf service. As part of the network adjustment, Sohar will be removed from the carrier's existing MGR service. Marsa Ocean's revised India-Gulf network The IGX service will deploy one v
SITC joins RCL's RSK3 service SITC will join Ocean Overseas Container Line (OOCL) as a slot charterer on Regional Container Lines' new RSK3 service. The SITC RSK3 service will connect Southern China with Cambodia. However, SITC's slot allocation will not cover the Songkhla call in Thailand. SITC RSK3 service rotation The full RSK3 rotation is: Nansha - Shekou - Sihanoukville - Songkhla - Nansha. SITC will cover Nansha, Shekou
CEVA Logistics and Zalando deploy AI-powered robots for returns handling CEVA Logistics, Zalando and Sereact have launched AI-powered robotic systems to automate fashion returns at logistics facilities in Germany and Poland. The systems are now operating at sites in Greven, Germany, and Swiebodzin, Poland. They use dual-arm robots to identify, handle and sort returned fashion items. The deployment marks the first operational phase of a wider partnership to expand auto
DynaLiners Shares Index steadies as owner stocks rebound The DynaLiners Shares Index recorded mixed movements during the latest week, as gains and losses across most sectors largely cancelled each other out. The main exception was DLSI Owners. The sector recovered more than the losses recorded during the previous week, gaining 138 points, or 3.6%, to close at 3,931. Most sector indices remain stable The other DynaLiners Shares Index sectors posted only
Wärtsilä signs five-year service deal for two TMS Cardiff Gas LNG carriers Wärtsilä has signed a five-year service agreement with TMS Cardiff Gas covering two newly built LNG carriers as the Greek operator expands its fleet. The agreement covers the recently delivered 174,000 cbm LNG carriers Al Thurayya and Al Majhoulah . It aims to improve vessel availability and operational reliability through planned and predictive maintenance. The order was booked by Wärtsilä in th
Explainer: Where the connectivity went The Middle East shocks did not erase liner connectivity but moved it to ports outside the danger zones, and the new map is unlikely to fold back. New data from Sea-Intelligence, based on UNCTAD's port connectivity index, shows what the Middle East disruptions have done to the liner network. Ports inside the affected regions have lost services and ports on their edges have gained them. Duqm in Oma
Port of Klaipeda completes private 5G trials for smart operations The Port of Klaipeda in Lithuania has completed trials of a private 5G network, marking a step toward greater automation and digitalization of its port operations. Santa Monica Networks and Latvian telecommunications provider LMT have also completed the design phase for a potential port-wide private 5G network. The project included demonstrations of autonomous technologies and digital systems in
Lloyd's List Intelligence adds satellite validation to AIS spoofing detection Lloyd's List Intelligence (LLI) has launched a new capability that combines AIS spoofing detection with satellite imagery to help maritime organisations investigate deceptive vessel activity. The Satellite Confirmed Spoofing functionality has been added to LLI's Seasearcher maritime intelligence platform. It automatically uses satellite imagery to validate suspected cases of vessels broadcasting
Sea-Intelligence: Connectivity: Shocks vs. Policy Shifts The geopolitical disruptions in the Middle East have forced shipping lines into substantial network redesign. As a result, while ports in the impacted regions have lost liner connectivity, ports in the adjoining regions have picked up that slack. Data from UNCTAD's Port Liner Shipping Connectivity Index shows this connectivity growth across these alternative ports in 2026-Q3, compared to the pre-
US container imports hit record September high US container imports reached a record high for September 2026, despite a slight decline from the previous month, according to the latest Global Shipping Report from Descartes Systems Group. Imports totaled 2,546,261 TEUs, marking a 10.3% increase from September 2025. Volumes were also 24.8% higher than in September 2019. However, compared with August 2026, container imports declined by 2.2%. The
OOCL reports 45% revenue surge in third quarter of 2026 Orient Overseas Container Line (OOCL) reported a 45.1% increase in liner revenue during the third quarter of 2026, reaching US$3.28 billion, as higher freight earnings and growing container volumes supported its performance. According to its latest operational update, the shipping company handled 2.12 million TEU between July and September, up 9% from the same period in 2025. Meanwhile, OOCL's ov
HD Hyundai Marine Solution to acquire Goltens Worldwide HD Hyundai Marine Solution (HMS) has agreed to acquire Goltens Worldwide. The deal will expand the company's global marine engineering, ship repair and maintenance services. The acquisition is expected to close in late 2026 or early 2027. It will bring Goltens' international service network into HMS's wider marine aftermarket business. As a result, HMS aims to strengthen its technical support for
The strait at the end of the world is busy again Drought in Panama and war in the Gulf are sending more ships around South America and turning the Strait of Magellan into a new commercial asset for Chile. This content is locked Select a CN Premium Subscription Package To Unlock The Content! The post appeared first on Container News .
Panama Canal expects over 220 cruise transits in 2026-2027 season The Panama Canal has opened its 2026-2027 cruise season, with more than 220 vessel transits scheduled between October and May. The season began on 7 October with the passage of Carnival Cruise Line's Carnival Miracle. The vessel entered the Miraflores Locks on a northbound transit from the Pacific to the Atlantic as part of a 16-day repositioning voyage from Seattle. The Panama Canal Authority ex
DP World inaugurates Nhava Sheva Business Park Phase 2 DP World Executive Chairman H.E. Essa Kazim made his first visit to India in his new role, accompanied by Group CEO Yuvraj Narayan and members of DP World's Global Board of Directors, reaffirming the company's long-term commitment to India's economic growth and global trade ambitions. The visit reflects India's strategic importance to DP World's global growth agenda as the country strengthens its
Descartes introduces AI agent platform for logistics workflows Descartes Systems Group has introduced a new AI agent coordination platform designed to automate complex logistics workflows across applications, supply chain partners and business systems. The Descartes Agent Control Plane was unveiled at the company's Innovation Forum in Chicago. Built on the Descartes Global Logistics Network (GLN), the platform enables AI agents to coordinate multiple tasks w
Port of Gothenburg awards Stena Line Terminal relocation to Arendal The Port of Gothenburg has awarded NCC the design-build contract for Stena Line's new terminal at Arendal, signing the agreement on Tuesday and marking a significant step toward the long-planned relocation and consolidation of Stena Line's terminal operations in the port. The new terminal is expected to enter operation in 2031. The relocation moves Stena Line's Germany and Denmark services from t
CMA CGM and DSV target 12,000-tonne CO2 reduction through biofuels CMA CGM and DSV have signed an agreement to reduce carbon emissions from ocean freight transportation through the use of low-carbon biofuels. Under the agreement, DSV will use CMA CGM's ACT+ shipping solution, targeting a reduction of 12,000 tonnes of CO2 emissions over two years. The initiative will rely on second-generation UCOME-based biofuels, providing DSV with an additional option to reduce
Egypt and Greece advance maritime cooperation The Alexandria Port Authority received a high-level Greek delegation within the framework of the third session of the Egyptian-Greek Joint Maritime Committee, held on October 5, 2026. Discussions resulted in agreement on a number of practical measures to activate areas of joint cooperation, with a focus on establishing maritime links between Egyptian and Greek ports. The key routes under consider
MSC and ONE reshape Ipanema VSA MSC and Ocean Network Express (ONE) will jointly operate the Ipanema VSA following the departure of Hapag-Lloyd from the current three-carrier agreement. The existing vessel-sharing arrangement between MSC, ONE and Hapag-Lloyd will end in its present configuration. However, MSC and ONE will retain the weekly service connecting Asia with the East Coast of South America. New Ipanema VSA starts in A
CMB.TECH sends world's first ammonia-powered bulker to sea Belgium's CMB.TECH has sent the 210,000 dwt Mineral Europa on its maiden voyage to Australia, marking the first deployment of an ammonia-powered dry bulk carrier. The 2026-built newcastlemax is the first of a much larger ammonia-fuelled fleet being rolled out by the Alexander Saverys-led shipping group. CMB.TECH said 21 ammonia-powered ships are due to enter ...
BIMCO moves to break ship retrofit cost deadlock Shipping association BIMCO has adopted a new contractual framework designed to settle one of the industry's longstanding commercial disputes: who pays for energy-saving upgrades when the charterer receives much of the financial benefit. The Copenhagen-based organisation announced that its Documentary Committee had approved the Energy Saving Device Retrofit Addendum 2026, giving shipowners and cha
FSL cashes in on another veteran product tanker Singapore-listed First Ship Lease Trust (FSL) has agreed to sell another ageing product tanker, continuing a series of disposals that has reduced its fleet over recent years. The trust said in a filing that subsidiary FSL-14 had struck a deal to sell the 2006-built Speciality to an unrelated buyer. The 4,426 dwt tanker was built ...
UK P&I and TT Club merger clears member vote Members of the UK P&I Club and TT Club have approved a merger to create United Transport Mutual Limited (UTM), a transport mutual covering shipping, logistics, ports, and terminals. Members voted at separate special general meetings on October 7 and 8, following member consultations that began in September. The merger is scheduled to take effect ...
Hunter's VLCC charter dispute swells to nearly $68m Norwegian shipping investment company Hunter Group's dispute with an unnamed long-term VLCC charter counterparty has deepened further, with unpaid hire now approaching $68m after another substantial shortfall in September. The Oslo-listed company disclosed on Friday that its counterparty paid approximately $12.75m less than the amount due for September, marking the seventh consecutive month of re
Larine cashes out of LR1 tankers in $110m UAE deal Odfjell-family-linked Larine Tankers has reportedly sold its two LR1 product tankers to UAE interests for a combined $110m, clearing out its existing fleet amid strong secondhand tanker prices. Shipbrokers have identified the vessels as the 2016-built Bluebird and Starling, both constructed at China's New Times Shipbuilding. Splash understands the pair has changed hands for approximately ...
Diana rolls capesize into $13m fixture New York-listed Greek bulker owner Diana Shipping has secured a 42% rate increase for its capesize GP Zafirakis in a new time charter with Classic Maritime. The 2014-built, 179,492 dwt vessel has been fixed at $38,000 per day, less a 5% commission, compared with the $26,800 per day currently paid by Japanese shipping giant NYK. ...
Hapag-Lloyd exits MSC and ONE Asia-South America pact Mediterranean Shipping Co (MSC) and Ocean Network Express are restructuring their vessel-sharing partnership between Asia and South America's east coast, with Hapag-Lloyd dropping out of the existing three-carrier arrangement. MSC said that the current agreement covering the Ipanema service would end in its present form, leaving the Swiss carrier and Singapore-based ONE to operate the ...
Splash Wrap: Drones, driverless trains and the future of shipping Maritime war spread far and wide in the Black Sea and the Middle East this week, attacks increasing both in number and geographical scope. This week's Maritime CEO interview was Bing Hou, who after four decades at sea and ashore, has developed ShipGod AI, which he described as an offline-first workspace giving each vessel its ...
Trøim-backed Bruton opens review amid VLCC sale talk Tor Olav Trøim-backed VLCC owner Bruton has launched a strategic review after market speculation over a potential transaction, with International Seaways linked by shipbroking sources to the purchase of at least two of its remaining newbuildings. The Oslo-listed company acknowledged the speculation on Thursday, saying it had started a review aimed at maximising shareholder value. ...
Tokyo Gas moves into Indonesian inter-island LNG shipping Japan's Tokyo Gas has acquired an Indonesian LNG infrastructure developer, paving the way for a new domestic shipping network supplying power stations across the country's vast eastern archipelago. The Japanese utility, together with its wholly owned subsidiary Tokyo Gas Asia, has acquired 100% of PT AGP Indonesia Utama, which is developing a project to distribute ...
Black Sea grain exports crater amid widening maritime war Black Sea wheat exports are plunging at the height of the traditional shipping season as escalating attacks on commercial vessels and port infrastructure leave both Russia and Ukraine struggling to get their harvests to international markets. Fresh vessel-tracking data compiled by AXSMarine and published by Greek shipbroker Ursa show wheat loadings across the Black Sea ...
Progeco bags work on Azule's Angola offshore project Italian engineering services group Progeco has secured a five-year contract to provide project management and technical supervision services for Azule Energy's $5.1bn Greater PAJ offshore oil development in Angola. The contract was awarded to an international consortium led by Progeco's Italian and UAE subsidiaries along with Mecwide Angola and Taser Oil & Gas. Financial details ...
Maine's latest fleet is fresh from the vegetable patch Shipbuilders in Maine are preparing to launch a fleet that has spent most of its life growing in a field. Damariscotta's annual Pumpkinboat Regatta returns this Sunday, with costumed competitors racing hollowed-out giant pumpkins across the town's harbour. Some rely on paddles. Others attach outboard motors, giving the vegetable patch its own powerboat division. Boat ...
German ports demand national funding pact German port operators are pressing Berlin for a national funding partnership, arguing that infrastructure essential to trade, energy security and industrial supply chains cannot remain a purely regional responsibility. The Allianz Deutsche Häfen renewed its call at a Berlin gathering this week, bringing together port executives, industrial groups, retailers and federal transport representatives.
Old LNG carriers keep changing hands Sales of vintage large LNG carriers remain brisk as the secondhand market keeps ageing LNG tonnage afloat after the Strait of Hormuz conflict escalated in late February, with disruptions to regional LNG exports adding uncertainty to global supply. The latest sale has been completed by South Korean shipowner and manager Kmarin Group, selling the 18-year-old, ...
HD Hyundai snaps up Goltens in $247m ship repair deal South Korea's HD Hyundai is making a major move in the global ship repair market, agreeing to acquire Goltens Worldwide for $247.5m in a deal that significantly expands its international engineering and aftermarket capabilities. The acquisition, announced on Thursday through HD Hyundai Marine Solution, brings one of the world's best-known independent marine engineering and repair ...
EnerMech secures BP-linked offshore contract in Trinidad UK-headquartered oilfield services specialist EnerMech has secured a contract from Subsea 7 for pipeline and subsea pre-commissioning work on BP's Ginger gas development offshore Trinidad and Tobago. The scope covers pipeline and subsea testing, flushing, hydrotesting, water filling, leak testing, and commissioning support required to prepare the project's subsea production system for operation.
Singapore team targets port planning's programming bottleneck Researchers at Singapore's Nanyang Technological University (NTU) have developed an artificial intelligence system capable of designing complex port planning algorithms, potentially transforming how terminals respond to changing operational conditions. The technology, known as LACE (Large Language Model-driven Algorithm Construction via Complementary Evolution), uses large language models to gene
Eni installs world's first purpose-built offshore CCS platform Eni CCUS Holding, jointly owned by Italian giant Eni and Global Infrastructure Partners, part of BlackRock, has completed installation of the new Douglas CCS platform in Liverpool Bay. This is a major step forward in delivering the CO2 Transportation and Storage project, which serves as the backbone of the HyNet industrial decarbonisation cluster in the ...
Petrobras hands Oceanica four-year subsea services deal Brazilian subsea services player Oceânica Engenharia has won a four-year contract worth around R$354m ($70m) from Petrobras. The new deal covers specialised offshore diving services and diverless operations using ROVs and associated subsea tooling. Oceânica said it could carry out work across up to four simultaneous service fronts, with operations expected to start in the ...
Marinakis set to launch Capital Maritime Finance on historic Athens IPO Greek owner aims to raise up to €300m ($336m) for newly built containership fleet
Ocean Winner casualty highlights risks of Indian iron ore fine cargoes Inadequate checks may prejudice P&I cover
Haiti emerges as latest target for fake ship registry network A fake Haiti ship register has emerged as the latest flag of convenience for suspicious tanker operators, highlighting the growing...
US delists two former Shamkhani-linked boxships after sale to Marinakis The US Treasury has removed two former Mohammad Hossein Shamkhani-linked containerships from its sanctions list after their sale to Evangelos...
India's Middle East Gulf crude imports rebound as Russian barrels return via Suez The threat of 100% US tariffs continues to hang over New Delhi as Russian crude flows to India amid the ongoing...
Container trade hits another record high, but growth engine begins to cool Global container volumes reached a record 17.5m teu in August, but slowing growth, weaker Europe-bound demand and continued disruption in...
Vehicle carrier newbuildings approach 100 as ordering wave rolls on Wallenius Wilhelmsen is in advanced talks for another series of newbuildings, while Chinese owners are pursuing more than 20 additional...
Chinese lessors caught off guard as foreign-operated ships come under fire in Middle East Incidents undercut the notion that Chinese-linked tonnage is protected, and lessors are expected to tighten oversight
UNCTAD warns energy shocks and fragmented trade are reshaping shipping's future despite resilient cargo growth UNCTAD says global trade remains resilient despite conflict-driven energy shocks, but shipping faces rising costs, fragmented trade flows and a...
Russia's critique of the IMO Net-Zero Framework is louder than its alternative Russia has argued to put the brakes on IMO green measures, saying the industry will simply pay to comply rather...
Saverys group's CMB:Tech expands ammonia-fuel fleet with landmark bulker delivery CMB.Tech chief executive Alexander Saverys described the delivery as a landmark moment for shipping decarbonisation, saying it demonstrates that ammonia-powered...
Daily Briefing Crude tanker stocks surge to record highs as market euphoria abounds | Hormuz tanker attacks hit seven-month high as Iran...
OOCL revenue, volume boosted by robust Q3 on trans-Pacific, Asia-Europe Solid peak season demand and elevated rates on the two trade lanes lifted the top line numbers and is leading the carrier to another highly profitable year.
Asia-ECSA services see further shift as Hapag exits MSC/ONE Ipanema/SX1 loop The planned April departure of Hapag-Lloyd is the latest reshuffle in liner partnerships on the trade that has seen six of the top 10 global carriers rework their services in recent months.
Higher trucking, fuel costs reshaping US warehousing markets Shippers are placing more emphasis on faster fulfillment and more modern facilities, with Midwestern states and key consumer markets gaining ground.
Uncertainty clouds Asia-Europe 2027 ocean contract negotiations Shippers want to avoid locking in inflated rates as excess capacity and softening demand hang over the trade lane and may push down prices, analysts told a Journal of Commerce webcast.
Colombo moves to boost box capacity as trade volatility lifts hub demand Sri Lanka's flagship port, which has long dominated hub activity in the tegion but now has emerging rivals in India, is pushing capacity expansion plans to better respond to swings in container flows.
Danaos mulls selling stake in bulker fleet in Oslo listing John Coustas-led company intends to move its capesizes and newcastlemaxes into separate company
Trump secures diesel shipments in 'highly successful' discussion with Putin Moscow agrees to ship 1.8m tonnes of diesel to America
Panama suffers one of worst earthquakes as authorities investigate canal impact Impact on Panama Canal not yet clear after 7.7-magnitude quake
Wavelength podcast: Uncovering the story of the Settebello Plus, the booming car carrier orderbook that has China in its focus
Beijing and Brussels reach 'understanding' to slash EU imports of hybrid cars from China Move could impact vehicle carrier trade that is feasting on Chinese auto exports
US sanctions six China-linked shipowners in sweeping Iran shadow fleet crackdown Washington targets Hong Kong shipping companies and vessels accused of carrying millions of barrels of Iranian cargo
US claims to 'effectively neutralise' Iranian shadow fleet with sanctions on 22 tankers and LPG carriers State and Treasury departments sanction 14 tankers and eight LPG carriers
Iran hits Trafigura-chartered VLCC after US insists the Strait of Hormuz is open Tehran claims it has also hit a Vietnamese VLGC gas carrier as it widens its strikes to the entire Middle East Gulf
Hoegh Autoliners takes hit as Middle East energy crisis drives fuel prices higher Car carrier giant may need more compensation as fuel remains expensive
K-Line handysize bulker fetches 'softer' price as values dip Newly delivered vessel had been leased to Swiss owner Nova Marine Carriers
Cargo Days bring in $20m for Mercy Ships' health care for Africa Geneva's shipping community kicked off the initiative a decade ago, now taken on in London, Houston, Dubai and Singapore
'Dead cow' bounce: Argentina's crude exports surge to record high Aframax tanker carries Argentina's first crude export to Japan
Ningbo-Zhoushan shows no sign of slowing after toppling Singapore Chinese port operator reports faster container growth in September than across the first nine months
Gas turbines proving bigger bottleneck than FSRUs in data centre rollouts Shipbroker Fearnleys takes third-quarter pulse of floating regas sector where 2026 is shaping up to be a record year for charters
Wavelength podcast: Uncovering the story of the Settebello Plus, the booming car carrier orderbook that has China in its focus
China probes senior maritime safety official over unspecified violations Jiangsu MSA deputy chief oversaw shipping safety, dangerous cargo and pollution prevention before investigation
Wagenborg family gets hands on first multi-fuel ship Next-generation carrier launched at Dutch shipyard
Sky-high? Stratospheric? Gibson looks to the stars to describe VLCC market With records being set and broken almost daily, UK broker pulls from the space industry for context
NYK eyes $1.4bn bond sale to drive LNG-fuelled shipping Japanese owner targets placement this month for seventh 'transition' bond deal
Dorian LPG top stock as shipping crushes S&P 500 in unprecedented quarter You know about the crude tanker story, but other market sectors are making a run
Shipping stocks on a tear in record-breaking third quarter You know about the crude tanker story, but other market sectors are making a run
Turkey floats safe passage corridors as Black Sea death toll tops 70 Suggested pathways would hug the costs of Bulgaria, Romania, Turkey and Georgia, Turkish newSpaper Milliyet says
Bigger fleet, less profit: BP Shipping bottom line hit by weaker freight rates UK oil giant's management arm points to more volatile markets this year
Investment firm bets on bulkers as it cuts tanker exposure BlueYield CEO sees favourable balance between valuation and earnings in bulkers
Conflict energy shocks to trigger global trade slowdown, UN warns New report examines energy shock and financial instability
World's first ammonia-powered bulker marks 'defining moment', says CMB.Tech The Mineral Europa's debut voyage is a game changer, according to Belgian owner
Traders switch to smaller tankers as VLCC owners priced out of US market Traders and brokers suggest cost of using big tankers now just too high
Bruton VLCC sale talk suggests stronger rates into 2028, Clarksons says Analyst Frode Morkedal looks at the implications of Norwegian owner's strategic review
Boehringer leaves Torm board as Oaktree exits tanker owner Oaktree director steps down after 11 years with Danish company
MPC and Morten Astrup fund reveals $90m plan to build 15-ship fleet MPC Storm venture is raising money for more vessel investments after first deals
Evangelos Marinakis wins prominent Greek backers for Euronext Athens IPO Container ship company Capital Maritime Finance targets up to €300m ($337m) in Athens public offer next week
Klaveness Combination Carriers beats tanker benchmarks in third quarter Owner reports fleet earnings at $36,116 per day in line with guidance
Three dead after blast during vessel painting work Two missing people found dead as authorities investigate blast during painting work
From one tug to 15 ships: Meriaura eyes new growth after turning 40 Finnish bulker player has two vessels under construction
Unpaid Hunter hire bill rises to $68m as rates surge in September Counterparty withheld $12.7m last month as disputed deals continue
EU Russian LNG imports inch higher in first nine months of 2026 Campaign group Urgewald urges action to block Russia's Arc7 LNG carrier fleet
Two months in, Ningbo Ocean Shipping wants more car carriers Chinese operator targets up to $480m lease for two PCTCs after its first foray into vehicle shipping
John Fredriksen sells down International Seaways stake by $68m Shipping tycoon left with 13.5% holding
Texas trucking firm sued over age limits on drivers A Texas trucking company refused to hire a 64-year-old driver with more than 20 years of experience because its insurance provider allegedly would not cover him, according to a federal lawsuit. The U.S. Equal Employment Opportunity Commission (EEOC) filed suit Sept. 24 against Pharr, Texas-based Trancasa USA Inc., alleging the company systematically rejected older truck driver applicants and impo
Trucking Rates Spike: Contracts at 52-Week High Freight rates are surging! Contract rates hit a 52-week high and spot rates climbed nearly 50% year-over-year in the latest Sonar update. We'll also cover the localized impact of Tropical Storm Isaias on tender rejections in Gulf Coast markets like Mobile and Montgomery. Plus, an exciting new Sonar release now offers intermodal rates, lanes, and cost savings compared to van. Stay ahead with criti
Logistics AI: Getting a Return on Your Investment AI is rapidly transforming logistics, but the real challenge isn't just adoption - it's getting a tangible return on investment. Dan Bailey, Co-Founder & CEO of Nexcade, discusses how leading companies like C.H. Robinson are leveraging AI for lean operations and growth. He also shares key insights on overcoming implementation challenges, measuring success beyond efficiency, and why a dual strateg
$185M Breakup Fee? Inside the CH Robinson-RXO Merger The potential $5.8 billion acquisition of RXO by CH Robinson is set to reshape the logistics landscape. Valued at an astounding 42x EBITDA, this deal signals a major shift towards market consolidation and highlights the growing importance of asset-like services like drop trailers. What does this mean for the future of 3PLs and overall transportation capacity? We break down the financial implicati
Stord lands $400M Citi-led credit facility, adds CFO and CRO Stord said Thursday it closed a $400 million credit facility led by Citi and hired new finance and revenue chiefs. The Atlanta-based fulfillment company said the facility closed oversubscribed at nearly double its original target. Morgan Stanley, JPMorgan, First Citizens, Citizens and KeyBank also participated. The deal follows a $250 million Series F led by Strike Capital in May that valued Stor
Kodiak AI, Charger Logistics launch autonomous Laredo lane Kodiak AI and Charger Logistics have launched autonomous freight service on the 435-mile lane between Charger's terminals in Dallas and Laredo, Texas, the companies announced Thursday. The trucks haul refrigerated and dry van freight for consumer packaged goods and food and beverage customers. The first delivery ran Sept. 8. A safety driver is behind the wheel for now. The companies plan to move
Formal EO order on red dye diesel short on specifics The executive order (EO) from President Donald Trump on implementing the red dye diesel tax break has been formally published, but it is thin on fixing a fundamental problem with the policy: state and federal rules are not in sync. The executive order was published in the Federal Register Friday. It is just four pages in length. After citing unspecified "historic efforts to ensure fuel affordabil
Retailers say extended peak shipping season winding down The peak shipping season for U.S. container imports is winding down after an unusually long stretch of elevated volumes through the summer and early fall, the National Retail Federation said. The latest Global Port Tracker report, produced by NRF and Hackett Associates, indicates August was likely the busiest month of 2026, replacing September as the anticipated peak. Imports are expected to ease
Walmart activates automated e-commerce logistics center in California Walmart has officially opened its fifth high-tech fulfillment center. The 900,000 square foot facility, located in Stockton, California, expands capacity for processing online orders and the ability to provide faster shipping and delivery for customers across the West Coast, the retailer announced on Thursday. Walmart Fulfillment Services, the company's end-to-end third-party fulfillment service,
Fake freight broker redirects $273K seafood shipment in New Jersey cargo theft attempt A truck driver followed instructions from someone impersonating a freight broker, placing more than $273,000 in frozen seafood at risk. The unauthorized diversion brought approximately 29,000 pounds of cargo to North Arlington, New Jersey, on October 3. Two individuals began moving pallets from a refrigerated tractor-trailer into a smaller box truck. Police arrived before the suspects could remov
A Virtual Compliance Department for Every Fleet Ask carriers what's changed about trucking compliance lately, and you'll likely hear about the accumulation of new rules that change faster than most back offices can absorb them. David Vincent has had a front-row seat to that accumulation. He's co-founder of Visionary Ventures , the technology company that built and operates Dotra Compliance , a platform designed to serve as what Vincent calls a
UPDATED: US West Coast container rates edge lower A small decline in Asia-U.S. West Coast pricing offered the first sign of softening trans-Pacific container rates since mid-September, according to Xeneta. Spot rates from Asia to Europe also continued to fall in early October, the analyst said in an update, giving European shippers greater leverage in annual contract negotiations. Trans-Pacific shows first small dip Far East-U.S. West Coast spot
Why Trucking Rates Are Rising Without More Freight Truckload rates are rising in 2026 because trucks are leaving the market, not because freight is booming. Carriers spent three years hauling at rates that barely covered their costs, and in the spot market often didn't. The 2026 increase is a correction, and SONAR's new Sitrep, The Repricing Isn't Finished , shows it is only about halfway done. What does it cost to run a truck in 2026? The Americ
New Jersey CDL school lawsuit questions evidence behind FMCSA shutdown Start CDL Inc. is challenging its emergency removal from the Federal Motor Carrier Safety Administration's training registry . The Cinnaminson, New Jersey-based truck driving school said the FMCSA improperly used drivers' later English-proficiency violations to justify shutting down its federally regulated training operations, according to a complaint filed Oct. 2. But the 236-page complaint and
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