Port Houston cargo volumes up 4% in February Port Houston reports that cargo volumes were up 4% in February, with 4,380,996 short tons handled by the port's eight public terminals. That brings the year-to-date total to 8,927,585 short tons, a
Stolt-Nielsen to sell 50% of Avenir LNG to NYK Line Stolt-Nielsen Limited reports that, through its subsidiary Stolt-Nielsen Gas, it has entered into a share purchase agreement to sell 50% of Avenir LNG Limited to Nippon Yusen Kabushiki Kaisha (NYK Line). Founded
U.S. approves immediate additional LNG exports from Plaquemines LNG With Iranian actions continuing to choke off LNG exports via the Strait of Hormuz, U.S. Secretary of Energy Chris Wright on Friday authorized an immediate 13% increase in exports at Venture Global's
VIDEO: USCG Forward intercepts 70-foot narco sub The U.S.Coast Guard has released video and imagery of a Feb. 24 incident that saw the 270-foot Famous-class medium-endurance cutter USCG Forward (WMEC 911) intercept a "narco sub" -more correctly a self-propelled
Agility Global reports FY 2025 results Agility Global PLC has reported its financial results for the year ended 31 December 2025, posting revenue growth and a significant increase in operating profit as its diversified business portfolio continued to expand. The company recorded net profit of $240 million, equivalent to 2.45 cents per share. Revenue increased 12.5 percent year-on-year to $5.1 billion, while EBIT rose 37.8 percent to $
Maersk updates emergency contingency surcharges Maersk has announced adjustments to its Emergency Contingency Surcharge (ECS) for cargo moving from multiple global origins to key ports in the Middle East as operational disruptions continue amid the deteriorating security situation in the region. The company said the escalation of military conflict in the Middle East has significantly affected shipping operations, forcing carriers to operate un
Evergreen looks to emerging markets as market volatility grows Taiwanese mainline operator Evergreen Marine Corporation (EMC) said it will focus on emerging markets to counter global geopolitical uncertainty after announcing a decline in its 2025 net profit. The seventh largest liner operator on 13 March announced a US$2.19 billion after-tax profit in 2025, down 51% year-on-year. Considering the overall profit performance and the interests of all shareholder
Hapag-Lloyd introduces temporary Gulf container flow options Hapag-Lloyd introduced temporary measures to facilitate continued cargo movement across the Gulf region. The measures address disruption to normal routing patterns caused by the ongoing Middle East situation. The carrier is enabling alternative container handling options through selected regional gateway ports. Customers can move containers on merchant or carrier haulage basis. Merchant haulage o
Maersk temporarily suspends empty container returns in impacted Middle East countries Maersk has announced temporary changes to empty container return procedures in several Middle East markets due to the evolving situation affecting navigation and port operations around the Strait of Hormuz. The company said the measures have been introduced to protect the safety of vessels, crews and cargo while operational conditions in the region remain uncertain. Effective immediately and unti
ZIM sale to Hapag-Lloyd faces review as Maersk waits The planned acquisition of ZIM Integrated Shipping Services by Hapag-Lloyd is moving forward but still faces regulatory scrutiny, according to Calcalist. The German carrier agreed to buy all publicly traded shares of ZIM for $ 35 per share , valuing the deal at $ 4.2 billion . Hapag-Lloyd and ZIM reach definitive merger agreement Israeli Operations to Be Separated As part of the agreement, Israel
Nine Basic Ways to Improve Your Style in Academic Writing Academic writing can be challenging, especially when aiming to communicate complex ideas clearly and professionally. Whether you are preparing essays, research papers, or reports, developing a polished writing style is essential. Here are nine practical ways to enhance your academic writing style, ensuring clarity, precision, and impact. 1. Prioritize Clarity Over Complexity One of the most effec
Rohlig SUUS Logistics appoints Piotr Zborowski to Management Board Rohlig SUUS Logistics appointed Piotr Zborowski as a member of the Management Board in early March. He will oversee contract logistics, domestic road transport, and development of subsidiaries in the Czech Republic and Slovakia. Zborowski brings extensive international logistics experience. He previously served as CEO at DB Schenker responsible for operations in Poland, the Baltic States, Ukraine
Uber Freight invests in last mile with Better Trucks partnership Uber Freight has announced an expanded commercial partnership with last-mile delivery platform Better Trucks, including a strategic investment aimed at strengthening its end-to-end logistics offering. The collaboration will allow Uber Freight to leverage Better Trucks' technology, operational capabilities and delivery network to expand its last-mile delivery services. Through the partnership, Ube
Maximizing Efficiency: How Container Shelters Streamline Logistics in Remote Operations Setting up a functional base in a remote area often feels like a race against the clock. Whether you are managing a mining site or a temporary research outpost, the logistics of moving materials and housing equipment can quickly become a nightmare. Traditional building methods usually take too long and cost too much when you are far from a city. This is where container shelters come into play. Th
The Return of Container Shipping to the Red Sea: What Supply Chain Leaders Must Know in 2026 Global maritime networks are poised for one of the most consequential shifts since the pandemic era. After more than two years of disruption caused by security threats in the Red Sea region, container shipping lines are beginning to reintroduce transits through this critical gateway. The implications of this shift will ripple through freight markets, routing strategies, insurance costs and port o
Stolt-Nielsen and NYK Line form joint venture in Avenir LNG Stolt-Nielsen Limited has announced the formation of a strategic joint venture with Nippon Yusen Kabushiki Kaisha (NYK Line) in Avenir LNG, strengthening collaboration in the small-scale LNG and LNG bunkering sector. The agreement will see Stolt-Nielsen, through its subsidiary Stolt-Nielsen Gas Ltd., sell a 50 percent stake in Avenir LNG to NYK Line. The transaction is expected to be completed in
ICTSI launches South Luzon Container Terminal project International Container Terminal Services Inc. ( ICTSI) has officially launched the South Luzon Container Terminal ( SLCT) project at Bauan International Port in Batangas, Philippines. The $ 800 million terminal, located about 110 km south of Manila , will become the second- largest container terminal in the country. It aims to strengthen trade capacity in Southern Luzon and support industria
Wan Hai announces contingency measures due to Middle East security situation Wan Hai Lines has announced contingency arrangements affecting cargo currently carried on two of its vessels as the security situation in the Middle East continues to deteriorate. The company said the escalation of war and military actions in the region has created an increasingly unpredictable operating environment. As a result, the carrier is closely monitoring developments and assessing feasib
MSC announces new freight rates from Far East MSC Mediterranean Shipping Company has announced new Freight All Kinds (FAK) rates for shipments from Far East ports to destinations across Sub-Saharan Africa and the Indian Ocean. The revised rates apply to cargo originating from ports across the Far East, including Japan, South Korea and Southeast Asia. The new pricing will take effect from 22 March 2026 and remain valid until 29 March 2026. Un
Readers Speak: Middle East tensions could push ships around Cape Industry readers expect rerouting pressure Rising geopolitical tensions in the Middle East continue to shape expectations across the container shipping industry. The latest Readers Speak poll asked whether escalating instability could affect global container shipping networks. The results suggest that many industry participants expect operational adjustments if tensions persist. The largest share
HMM and ONE extend Far East-Mexico service to West Coast South America HMM and Ocean Network Express (ONE) are expanding their joint Far East-Mexico service to include ports on the West Coast of South America, strengthening connectivity between Asia and Latin America. The service, previously operated under the FLX/AX4 configuration linking the Far East with Mexico, will now extend further south with the addition of calls at Callao in Peru and a port in Ecuador, like
MSC realigns Uswasa service MSC has announced a strategic realignment of its unique USA-Africa Uswasa service. In a move to optimize its West African network, the carrier has shifted the Ivory Coast port call from San Pedro to Abidjan. Revised service rotation The updated rotation provides a direct connection between major US East Coast hubs and key African markets. The new port sequence is as follows: New York, USA Baltim
Everllence secures contract to supply compression technology Everllence has been awarded a contract to provide two RB compressor skids for Thailand's first Carbon Capture and Storage project, supporting PTT Exploration and Production's operations at the Arthit gas field in the Gulf of Thailand. The installation will enable PTTEP to capture and store up to one million tonnes of CO2 per year, with offshore storage operations scheduled to commence in 2028. Th
HD Hyundai lands $550m boxship order tied to HMM South Korea's flagship liner operator HMM has been linked to a new feeder containership order at HD Hyundai Heavy Industries. Shipbroking sources say the carrier is behind a contract disclosed by HD Korea Shipbuilding & Offshore Engineering covering 10 container vessels worth KRW823.7bn ($553m). The ships are understood to be 2,800 teu feeder containerships priced ...
Tehran's selective authorisation of Hormuz transits splits shipping Commercial traffic through the Strait of Hormuz remains virtually non-existent as the war between the US/Israeli coalition and Iran deepens into its third week, leaving hundreds of vessels stranded and global supply chains in disarray with shipowners increasingly rerouting and bunkering plans thrown into chaos. President Donald Trump's public plea over the weekend for a ...
Swedish court detains captain of tanker bound for Russia Swedish authorities have detained the captain of the Comoros-flagged tanker Sea Owl 1 after boarding the EU-sanctioned vessel off Trelleborg in the Baltic Sea last Thursday, the second such Swedish apprehension in a couple of weeks. Video of the boarding has circulated online. The 55-year-old master was remanded at a hearing in Ystad district court ...
Norway's Westfal-Larsen offloads MR duo to MSEA Tankers Only a handful of tanker sales have been reported across various size segments over the past week, amid today's unclear outlook as war in the Middle East enters its third week, making market conditions "as clear as mud", according to one Greek broking house. Clean MR earnings fell 25% to $46,266 per day, still double ...
India and Pakistan-owned ships transit Strait of Hormuz While Iranian-linked tonnage still dominates Strait of Hormuz transits, there is evidence that other nations are growing in confidence their...
Crews and insurers reluctant to gamble in Gulf standoff Among the ships stuck in the waterway are seven tankers belonging to Dynacom fleet
LNG and methanol could be green dead ends, says UCL LNG and methanol offers are at higher risk of ending up as dead ends, and ships running on them as...
China-linked Hormuz transits retreat to shipping's opaque fringes Chinese shipowners caught between Tehran's overtures and Washington's convoy coalition
Old bulk carriers lead surge in ship recycling sales while pricing firms Bangladesh has emerged as the leading recycling destination, supported by improved business confidence and competitive offers from Chittagong yards
How is the Middle East crisis affecting the container market? We bring you highlights from Lloyd's List's weekly briefing on the Middle East conflict, including analysis on how the crisis...
Middle East port operational update: Monday, March 16 Traffic through the Strait of Hormuz continues to be severely disrupted, and many shipping companies are still avoiding transits due...
Dynacom-operated tanker carrying Saudi crude passes through Strait of Hormuz A second Dynacom tanker safely passed through the Strait of Hormuz, laden with Saudi crude, bound for India
Data shows attacks on ships in the Middle East do not follow a pattern but aim to disrupt commercial shipping Since the start of the war, 16 vessels have been targeted but they do not follow a pattern of vessel...
The week in newbuildings: HMM signs up for 10 feedermax boxships at South Korean yard New series of 2,800 teu containerships are due for delivery during 2028 and priced at $55m each
'Dual fuel is off the menu': Yards responding to net zero lull, says Wah Kwong boss Loss of momentum behind the Net-Zero Framework is being reflected in newbuilding orders, with conventional fuel looking more like a...
Iranian attack on tankers during STS operation underlines 'vulnerability', says expert Dynamarine CEO says more protection is required but need for further STS operations in Middle East Gulf 'very limited' under...
The Daily View: The ripple effect
Gulf seafarers offered 24/7 mental health helpline P&I club offering round-the-clock access to qualified psychologists
Daily Briefing Hormuz closure forces costly liner detours as Gulf logistics tighten | Panama-flag detentions at Chinese ports spike amid Hutchison port...
Trans-Pacific contract talks accelerating after Walmart signs After a pause in trans-Pacific service contract negotiations caused by war in the Middle East, talks are expected to move forward now that the largest US retailer has concluded some of its agreements.
STB declines to intervene on Meridian Speedway dispute The Meridian Speedway dispute is important because it's one of the primary routes where a combined Union Pacific-Norfolk Southern railroad would look to take market share from truckload.
Rail and ocean carriers consolidating shipping infrastructure: analyst The UP-NS merger and ONE's Seaspan stake look like separate deals in separate industries, but they are the same move, writes Paul Tonsager.
LNG project cargo poised for US boom amid war With liquefied natural gas flows at a standstill in the Strait of Hormuz, a near-doubling of LNG export capacity in the US is set to drive breakbulk and project cargo activity into the next decade.
Asia-Europe air cargo space tightens as rates, fuel surcharges soar An estimated 30% of Asia-Europe air cargo capacity is routed via the Middle East, and with options through the region severely constrained by the US-Iran war, a rush for Asia-Europe air cargo capacity is pushing up prices.
Beyond growth: A new era for China's shipowners Industry figures say tighter rules, internal management and stronger execution matter as Chinese owners mature
VLCC rates bounce back above $270,000 per day until Koch fixture falls through US conglomerate had relet DHT Holdings ship to Petronas before transaction failed
VLGC rates rebound from Hormuz plunge as voyage distances lengthen US-to-Japan rates surge amid flurry of fixtures for non-Middle East cargoes
EnTrust Global: Middle East war latest catalyst in 'shipping on steroids' market One of shipping's largest private investors offers its perspective on the Middle East conflict
'Shipping on steroids': $17bn investor EnTrust Global sizes up latest war shock One of shipping's largest private investors offers its perspective on the Middle East conflict
Sanctioned ships dominate Strait of Hormuz tanker traffic Pakistan tanker becomes first vessel with non-Iranian cargo to transit with AIS switched on
Economou's activist investor campaign ends with exit at Performance Shipping Billionaire saw mixed results in pursuit of four New York-listed owners that began in 2023
Baltic Exchange ramps up presence in Americas sales push Iconic London institution has trebled its regional sales force as it targets business in Latin America and US
Maritime digitalisation faces a brutal blood bath as its bubble bursts The winners will be multi-faceted digital aggregators with their own data, argues Philip Uhrskov Nielsen
Shell rolls out bullish outlook on LNG demand growth Major postpones annual LNG report amid Middle East conflict chaos
Two Dynagas LNG Partners vessels to be hit by EU's Russian LNG ban Shipowner believes charters remain 'enforceable'
British start-up to offer guaranteed wind performance Rigorous sea trials of the demo system give Smart Green Shipping confidence in performance warranties
Greek shipowner Thenamaris to close Singapore office 'Increasingly volatile shipping markets' sparked the closure, circular says
Two Dynagas LNG Partners vessels set to be hit by EU's Russian LNG ban Shipowner says it believes charters remain "enforceable"
Oslo 'the only place to be' for Pelagic Credit as owner rings in trading Banking backbone key to Cypriot outfit's decision to list in Norway
Red Sea naval security mission may stretch to Strait of Hormuz, EU official says EU foreign policy chief said expanding the remit of Greek-led Aspides mission was the easiest way to keep shipping moving
Shipping stocks stop slide as analysts note 'double positive' of Hormuz escorts Clarksons remains 'cautious' on shipping equities
Capital Tankers IPO marks Oslo out as shipping's first choice stock market Norwegian capital offers speed and unique investor base, finance experts say
George Procopiou takes VLCC tally at Hengli to 16 with fresh order Dynacom closes second newbuilding contract with China's Hengli Heavy
HMM orders 10 newbuildings worth $550m at HD Hyundai Liner company also has series of 1,800-teu and 3,000-teu newbuildings on order at Huanghai Shipbuilding in China
'Dark fleet vessel scrapping poses threat to legitimate traders,' argues cash buyer GMS GMS boss Sharma says India scrapped 16 sanctioned shadow fleet tankers in 2025 beyond regulatory scrutiny - and warns the risks are only growing
India talks with Iran on safe Hormuz passage for up to 30 ships Vessels carrying LNG, LPG and oil earmarked to follow the voyages of two VLGCs
NYK confirms Avenir LNG investment via share deal with Stolt-Nielsen Partners plan to grow their small-scale LNG and bunkering opportunities through the joint venture
Joakim Hannisdahl's hedge fund gains from shorting shipping stocks Fund had net negative exposure ahead of Iran war
Finnish intelligence service casts doubt on Russian cable sabotage theory Undersea cables were frequently damaged even before Russia became aggressive in the region, report says
Precious bulker crew still missing as drifting vessel's location remains unknown Managing director Khalid Hashim says safe recovery of three missing seafarers is company's top priority
Beijing elevates shipping, ports and maritime logistics in new five-year plan China ties maritime power to trade, energy and industry
Samsung Heavy boasts world shipbuilding first amid smart yard push South Korean builder automates pipe spool production
Donald Trump demands help to 'police' Strait of Hormuz Iran says it will continue to defend itself for 'as long as it takes', as the threat to shipping remains critical
War risk rates soar as Iranians ramp up ship attacks US reinsurance scheme light on details as convoy plans out of reach for now
Christen Sveaas' Kistefos sees 'good' 2026 for Western Bulk after comeback year Investor expects increased trading volumes and balanced relationship between supply and demand
Precious bulker crew still missing as drifting vessel's location remains unknown Managing director Khalid Hashim says safe recovery of three missing seafarers is company's top priority
Iran aftermath: Bulker recycling gains pace as rapidly rising bunker prices begin to bite MOL, Swire, and Sole Shipping offload tonnage onto recyclers as charterers seek more fuel-efficient tonnage
US ups exports for Venture Global as buyers seek cargoes amid war fallout Developer takes final investment decision on its third LNG production project
Investigators split blame in fatal container ship collision Chinese investigators say a blackout left a bulker out of control before it collided with container ship
The shipbroker betting on China's forgotten shipyards Goldsea founder targets underserved owners and China's long tail of yards
Samsara awarded $30M over Motive's marketing claims; Motive beats patent infringement case In the competitive race to equip America's trucking fleets with the next generation of AI dashcams and telematics, courtroom drama is proving as intense as the competition on the road. At stake are customers, competitive moats and a fleet telematics market valued at $10.42 billion in 2025 and expected to reach $21.95 billion by 2032. The latest legal salvo saw Samsara awarded $30.3 million in dam
New Jersey delivery firm will reclassify independent drivers as employees A last-mile automotive parts delivery company will reclassify all its drivers as full-time employees rather from their status as independent contractors following a settlement between it and the New Jersey Department of Labor. In a company shift that is reminiscent of what occurred in 2022 at Universal Logistics Holdings to comply with California's AB5 rule, PDX North agreed to a settlement with
Atlas Air switches to Airbus, orders 20 A350 cargo jets Atlas Air, the world's largest operator of 747 jumbo jets, by decade's end will operate non-Boeing aircraft for the first time signing an order on Monday that makes it the largest customer for Airbus's brand-new A350 widebody cargo jet. The decision is a major coup for Airbus which has rarely offered a production freighter in a market dominated by Boeing ( NYSE: BA ) for decades. Parent company A
Knight-Swift sells FleetAero assets to Transtex Knight-Swift Transportation has sold assets from its semi-trailer aerodynamic products business to Transtex. Knight-Swift's ( NYSE: KNX ) FleetAero assets were sold for an undisclosed sum. The deal was structured as an asset purchase. "As fleets face increasing pressure to reduce operating costs and meet tightening emissions standards, aerodynamic technologies offer one of the most immediate and
Amazon overtakes US Postal Service as largest parcel carrier Amazon passed the U.S. Postal Service as the largest domestic parcel carrier in 2025, anchoring a broader market shift away from traditional couriers, as it in-sourced a large amount of last-mile delivery work previously handled by UPS, according to data published Monday by ShipMatrix Inc. Amazon ( NASDAQ: AMZN ) handled 6.7 billion parcels last year, up 9.8% year over year, compared to an 8.3% d
Transfix's decade-long journey from freight desk to software pioneer Drew McElroy's path to founding one of freight tech's earliest venture-backed companies started long before he ever pitched an investor. The co-founder and chairman of Transfix sat down with FreightWaves in an interview that spanned the early days of FreightTech to its transformation from one of the first all-digital freight brokerages to a TMS platform . For McElroy, instead of diesel in his vei
Truckload linehaul rate index nears 3-year high in February Freight volumes remained under pressure in February but rates continued to step higher, according to monthly data from Cass Information Systems. Cass' ( NASDAQ: CASS ) multimodal shipments index declined 7.2% year over year during the month, but increased 10.4% from January. The index was up 4.3% sequentially on a seasonally adjusted basis. The Monday report said the February increase occurred as
International returns surge as e-commerce merchants face rising logistics hurdles International shipping partners ePost Global and ShipWise are expanding their cross-border returns capabilities as merchants face rising international return rates, stricter customs rules and growing volatility in global e-commerce logistics. The companies said merchants can now manage international returns alongside outbound domestic and global shipments through the ShipWise platform, giving ret
Dolly Parton launches truck stop venture Country music icon Dolly Parton has announced a groundbreaking partnership to rebrand and expand the Tennessean Travel Stop network. The initiative kicks off with the flagship location in Cornersville, Tennessee, relaunching as Dolly's Tennessean Travel Stop in early summer 2026. This venture promises to blend modern amenities with heartfelt hospitality, targeting both family roadtrippers and lon
UK plans to send mine-hunting drones to reopen Strait of Hormuz Great Britain is planning to send minesweeping drones to help reopen the Strait of Hormuz, but won't send ships as demanded by President Donald Trump, fearing such a move would escalate the crisis. Iran has attacked tankers in the narrow waterway that sees 20% of global crude oil supplies move out of the Persian Gulf, spurring dramatic increases in oil prices to more than $100 a barrel. British P
Lufthansa Cargo targets high-value tech, auto, pharma sectors Lufthansa Cargo last year devoted more strategic focus to serving the pharmaceutical, automotive, aviation, semiconductor and airmail sectors, creating additional avenues for profitable growth beyond general freight. The expansion of high-margin tailored transportation offerings for specific industry sectors contributed to the airline's 29% growth in operating profit in 2025. The cargo subsidiary
Universal Logistics Q4 profit plunges as intermodal losses deepen Universal Logistics Holdings reported sharply weaker financial results for the fourth quarter of 2025 , as declines across several transportation segments - particularly intermodal - weighed on the company's earnings. The Warren, Michigan-based logistics provider reported fourth-quarter operating revenue of $385.4 million, down from $465.1 million a year earlier, while net income fell to $3.7 mil
Catch me if you can: Romania's back channel to Mar-a-Lago Frank Abagnale convinced the world he was a pilot, a doctor, and a lawyer using nothing but a uniform and confidence. Elizabeth Holmes put on a black turtleneck, dropped her voice two octaves, and convinced $700 million worth of investors that she had reinvented medicine. Anna Sorokin told Manhattan's elite she was a German heiress and walked into rooms that her résumé alone never would have open
The Gold Coast death wake that led to Mar-a-lago The Trump administration has arguably been more active on trucking safety and fraud than any in history. Secretary Duffy has been active, not just vocal. FMCSA Administrator Barrs has moved and acted on everything, often visiting and immediately closing bad actors. The agency's enforcement record speaks for itself, and so does the record of those who have spent hundreds of thousands of dollars tr
Catch Me If You Can: the underground market for MC numbers regulators are trying to stop The Federal Motor Carrier Safety Administration is warning the trucking industry that buying, selling, or leasing MC numbers may violate federal regulations and could lead to enforcement action. The agency says operating authorities are not commodities and should not be transferred like equipment. An operating authority represents the regulatory identity of a motor carrier and connects safety rec
Marad's Carmel says U.S. must build new maritime system WASHINGTON - The newly-appointed chief of the Maritime Administration called for a complete rebuild of the American industrial shipping complex, in order to reclaim its position as a world power in ocean transportation and shipbuilding. "Today, the United States produces less than 1% of global commercial ships, we have not built a ship for exports since 1960 so in terms of the international marke
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