Boksa Marine Design makes leadership transition, adds new office Tampa, Fla.-based naval architect and marine engineering firm Boksa Marine Design (BMD) has announced a strategic leadership transition and the opening of a new Fort Lauderdale, Fla., office. After more than 20
NCLH back at Fincantieri for three new ships Fincantieri reports that it has received a significant order from Norwegian Cruise Line Holdings Ltd. (NCLH) for the construction of three next-generation cruise ships. The order includes one ship for each of
MacGregor solutions selected for BC Ferries' NMV quartet MacGregor is to supply cargo access solutions and deck machinery for the four new all-electric-ready hybrid-electric, double-ended passenger/car ferries that will replace four end-of-life vessels, under BC Ferries' New Major Vessel (NMV)
MacGregor to equip four new BC Ferries vessels MacGregor will supply cargo access solutions and deck machinery for four new major vessels under BC Ferries' fleet renewal programme. The vessels will use diesel-battery hybrid systems and will be all-electric-ready. China Merchants Industry will build the vessels at CMI Weihai Shipyard . MacGregor booked the order in the first quarter of 2026. MacGregor will deliver cargo access equipment and a
Wärtsilä builds 50 MW battery storage project in Belgium Wärtsilä has started construction of a 50 MW / 100 MWh battery energy storage system in central-eastern Belgium . The project is being delivered for Gramme Storage 1 and aims to strengthen grid stability and support Belgium's energy transition. The site is expected to be completed by Q2 2027. Wärtsilä booked the order in Q2 2025. The system will provide key grid services, including frequency and
Konecranes equips INASUS with workstation lifting systems Konecranes has completed the delivery and installation of new material handling equipment for INASUS, a leading European manufacturer of special building facades. The order, booked in February 2025, included six console cranes and 12 KBK workstation lifting systems with 18 Konecranes D-Series electric chain hoists. Konecranes delivered and installed all equipment at INASUS' production facility in
PepsiCo and ID Logistics open new logistics hub in Dourges PepsiCo and ID Logistics have inaugurated a new-generation logistics platform in Dourges , at the heart of the Delta 3 hub . The site has been operational since October 2025 and now serves as PepsiCo France's main logistics hub. It replaces the historic Libercourt facility and supports the group's growth in savoury snacks, including Lay's, Doritos, Cheetos and Benenuts. The platform covers 56,000
Godby Shipping orders two new Stream RoRo vessels Godby Shipping has placed an order for two new Stream RoRo 1700 vessels at CIMC Raffles in China, with options for an additional two ships. The order was confirmed on 11 February 2026. The investment forms part of the company's strategy to renew its fleet, enhance tailor-made transport solutions for customers and meet current and future environmental requirements. Vessel specifications and capaci
New record in the reefer segment for Port of Antwerp-Bruges Port of Antwerp-Bruges closes 2025 with a record year for the reefer segment with the port handled 1,170,394 TEU of reefer containers, the highest volume ever recorded. This represents an increase of 0.6% compared to 2024. The growth is primarily driven by a rise in import volumes, which increased by 13.5%. Export volumes of reefer containers remain largely stable (0.9%) and represent 35% of the
Crisis At Sea: How Shipping Companies Use Video To Manage Reputation A shipping crisis spreads fast. A vessel runs aground. A port shuts down. Containers stack up. ETAs slip. Within hours, the story moves from the dock to the global feed. In this environment, silence looks like guilt. A slow statement looks like confusion. A vague update looks like a cover-up. Video changes the response. Video shows action. It proves presence. It lets a company speak with one voic
Explainer: Is Somalia-Somaliland system another source of instability for the maritime shipping? What began in 2017 as a triangular arrangement between the UAE, Ethiopia, and the self-declared Republic of Somaliland, anchored by Dubai Ports World's 30-year concession over Berbera port, has since expanded into a multi-polar contest of exceptional intensity
How Emirates are seizing control of East Africa's maritime gateways Emirati operators now command 60% of Gulf capital flowing into the region's ports, creating a strategic corridor that could reshape trade access for 400 million people
Adm. Rabiee discusses future navigation plans with Hapag-Lloyd Admiral Ossama Rabiee, Chairman and Managing Director of the Suez Canal Authority (SCA), met with Mr. Juan Pablo Richards, Managing Director of Hapag-Lloyd's South Europe Region, to discuss future cooperation and navigation plans. The meeting took place at the SCA headquarters in Ismailia and was attended by senior officials from both sides. Discussions focused on Hapag-Lloyd's future navigation
Fincantieri wins order for three new cruise ships from Norwegian Cruise Line Holdings Fincantieri has signed a major agreement with Norwegian Cruise Line Holdings for the construction of three next-generation cruise ships. The deal further strengthens the long-standing partnership between the two groups. Its value is described as very significant and remains subject to financing and standard conditions. The vessels will be built for three brands within the group. One ship will be
Pilbara Ports delivers record January throughput Pilbara Ports delivered a total monthly throughput of 67.9 million tonnes for January 2026, a 12 percent increase compared to January 2025 and marks the highest January on record. This figure can be attributed to a series of targeted operational changes implemented at the Port of Port Hedland in recent months. Operational changes included revised vessel movement guidelines for ebb-tide departures
ZIM assures customers of service continuity following Hapag-Lloyd agreement Following the announcement of the definitive merger agreement between ZIM Integrated Shipping Services Ltd. and Hapag-Lloyd, ZIM's President and CEO has moved to reassure customers that operations and service commitments will remain unchanged. According to the company's President and CEO, Eli Glickman, all obligations and contractual commitments will continue to be fully honored in accordance wit
Pixonal and Ricardo partner on environmental intelligence in Middle East Pixonal and Ricardo have signed a Memorandum of Understanding to form a strategic partnership focused on improving decision-making across environmental, transport, energy, and climate sectors in the Middle East. Under the agreement, the two companies will integrate Pixonal's decision intelligence platform, Llumen , into Ricardo's research and advisory work. At the same time, Pixonal will use Rica
MEDLOG inaugurates integrated logistics park in Saudi Arabia MEDLOG has inaugurated MEDLOG 1, a new integrated logistics park at King Abdulaziz Port , marking a further step in Saudi Arabia's ambition to position itself as a global logistics hub under Vision 2030. The facility, officially opened on 16 February 2026, spans more than 100,000 square meters and offers an annual handling capacity of over 300,000 TEU. The development enhances MEDLOG's logistics
Performance Shipping seals second try sale of its oldest tanker Nasdaq-listed Greek owner Performance Shipping has agreed the sale of its oldest tanker for $35.65m, securing a deal months after an earlier disposal attempt tied to an offshore conversion project fell through. The company has struck a deal with an unnamed buyer for the 2009-built aframax P Sophia, with delivery expected in mid-2026. The 105,071 ...
Seanergy adds two bulkers to newbuild slate US-listed Greek owner Seanergy Maritime has expanded its newbuilding programme, signing for two additional capesize-class vessels at Chinese yards and lifting its total investment in new tonnage to about $226m. The Stamatis Tsantanis-led company, which placed its first-ever newbuilding order in October, has now lined up three large scrubber-fitted bulkers for delivery between 2027 and ...
CLdN takes over Samskip's UK and Ireland business Luxembourg-based shortsea operator CLdN has agreed to acquire the UK and Ireland quay-to-quay and door-to-door freight business of multimodal group Samskip. The deal covers Samskip's container shipping services linking Rotterdam with the UK ports of Belfast, Blyth, Grangemouth, Hull and Tilbury, as well as the Irish ports of Cork, Dublin and Waterford. The services make ...
Almi Marine back in newbuild arena with ultramax pair Greek dry bulk player Almi Marine Management has returned to the newbuilding market after a four-year break, booking two next-generation ultramax bulk carriers in China. Managing director Christos Hadjigeorgiou confirmed on social media the company has signed a contract with Nantong Cosco KHI Ship Engineering (NACKS) for two 64,000 dwt ships, with deliveries scheduled for ...
Taylor Maritime chalks up 51st bulker sale London-listed dry bulk owner Taylor Maritime has agreed the sale of another handysize vessel, taking its total disposals since 2023 to 51 ships. Further details of the latest transaction will be released on completion, the company said in a stock exchange filing. At the same time, the Ed Buttery-led outfit confirmed that a previously announced ...
Revised pension proposal halts planned strike by 400 Billfinger offshore workers UK's largest offshore trade union, Unite, has announced that 48-hour strike action involving over 400 Bilfinger UK employees has been suspended following an improved offer from the company. The strike, scheduled for February 19 and 20, was set to affect offshore assets operated by BP, CNR, Ineos, Ithaca, and TAQA. Bilfinger workers initially backed strike ...
Record year for seaborne grains with freight boost into 2026 Seaborne agricultural trade reached a new high in 2025, with volumes pushing to 716.5m tonnes, according to analysis from Ursa Shipbrokers. The figure, based on load dates and covering all cargoes and bulk carrier types, marks a 1% year-on-year increase from 711.5m tonnes in 2024. While the gain of 5m tonnes was modest, it was ...
How Donroe is hardening the Americas Wolfgang Lehmacher discusses Panama's port shock. CK Hutchison operates two container terminals at either end of the Panama Canal under a concession that Panama's Supreme Court has now declared unconstitutional, prompting the Hong Kong group to launch arbitration proceedings against the state. This is a test case for how emerging doctrines are reshaping the Americas ...
Saipem to acquire drillship for $272m Norway-based Deep Value Driller has agreed to sell the 7th-generation drillship of the same name to Italian offshore engineering and construction giant Saipem. The two agreed on an extension of the bareboat charter of the 2014-built drillship Deep Value Driller, formerly known as Bolette Dolphin, for a firm period of 31 days until July 31, ...
Leadership change at Braemar London-listed shipbroker Braemar is lining up a leadership change, with group chief executive James Gundy set to step down at the company's annual general meeting on 2 July 2026. Gundy will also leave the board at that point but will remain with the business, returning his focus to shipbroking. The board has selected Grant Foley, ...
New York pulls plug on offshore wind round amid confidence crisis New York State has killed its fifth offshore wind solicitation after 19 months of delays, citing federal actions under president Donald Trump for torpedoing market confidence and halting new OREC contracts. The New York State Energy Research and Development Authority (NYSERDA) closed the round on February 13 without awards, despite 25 proposals from four developers ...
Australian duo bags seismic work offshore Malaysia Australian seismic players DUG Technology and Searcher Seismic have signed an agreement for the provision of multi-client 3D seismic data reprocessing offshore Malaysia's East Sarawak. Under the terms of the agreement, DUG and Searcher will reprocess previously acquired 3D seismic surveys within the agreed East Sarawak multi-client reprocessing area. The companies will reprocess over 60 ...
Shipping lobby warns US against port fee plan that could spark reprisal The International Chamber of Shipping (ICS), the industry's top lobby group, has cautioned Washington over its plans to revitalise domestic shipbuilding by charging foreign-built vessels higher port fees. The Trump administration's long-awaited Maritime Action Plan (MAP) has resurrected a controversial proposal to charge foreign-built ships a per-kilogram fee on imported cargo. The 36-page plan -
DOF secures contract for two-vessel campaign in Argentina Norwegian offshore vessel owner DOF has been awarded a contract for two of its vessels on a project in Argentina. The project is scheduled for offshore operations across two campaigns, one in the second quarter and one in the third and fourth quarters of 2026. The work will encompass mooring pre-lay, pipeline end-manifold installation and ...
BigLift orders heavylift ship in Dalian BigLift Shipping has placed an order for a new heavylift vessel - a sister to its Happy Star vessel - to be built at Dalian Shipbuilding Offshore with delivery scheduled for June 2028. The initial contract covers one ship with an option for a second. No price has been revealed. The ship will feature two ...
Madagascar exposes fraudulent flag scam Madagascar has warned of a surge in fraudulent ship registrations after its authorities identified nine vessels using flag state documents in the country's name. Port authorities told the International Maritime Organization in a formal letter that the vessels - ranging from general cargo ships to small product, LPG and crude tankers - were presenting documents ...
Beijing Convention on judicial sale of ships enters into force The United Nations Convention on the International Effects of Judicial Sales of Ships, also known as the Beijing Convention, entered into force today. This is the culmination of a process that started in 2007 when the Comité Maritime International (CMI) drew the shipping community's attention to problems arising around the world from the failure in ...
VLCC rates hit new cycle high as geopolitics buoys sentiment The current VLCC boom, which began in September, is one for the history books: the strongest, most protracted earnings period...
Russia ramps up retaliatory rhetoric ahead of EU sanctions decision Kremlin maritime security chief warns EU not to overstep, warning Russia could deploy its navy to prevent European powers from...
FuelEU flaw means dirtier ships pay less than they should, say researchers Dirtier ships trading in the EU will pay less than cleaner ones because of a problem with the way the...
Red Sea dark transits at two-year high It is not unusual for owners and operators to take precautionary measures when passing through the Bab el Mandeb, but...
Beijing Convention on ship sales now in force Development comes after decade of activity by Comite Maritime International and will simplify procedures when ships are arrested for debt...
Seanergy lifts new orderbook to three as capesize market provides strong support A second capesize has been ordered at Hengli, while a newcastlemax has been ordered at Hantong
Venezuela sanctions breaches invalidate P&I cover, Skuld warns Rules give insurer right to terminate policy where shipowners put club at risk of adverse state action
BigLift Shipping confirms next-generation heavylift vessel order in China The heavylift vessel segment is benefiting from sustained demand across the offshore wind, oil and gas, and industrial machinery sectors
Fincantieri orderbook stretches out to 2037 as NCL pens cruiseship deal Despite the shift of most commercial shipbuilding to the Far East, Europe continues to lead deepsea cruiseship construction
Asia-Europe box trade imbalance grows ever wider as China's exports surge Eastbound sailings on the Asia-Europe trade are barely one-third full while rates are anchored at marginal cost or below
The Daily View: Universal port fees are tariffs in disguise
New truckload capacity product offers 'relationship' option for brokers The product launched this week by Triumph, called Capacity Intelligence, allows brokers to identify lanes where it needs a deeper pool of reliable carriers.
Surging China auto exports to counter carrier overcapacity fears: Wilhelmsen CEO China export forecasts could top 8 million vehicles this year, providing a steady flow of cargo for the expected 8% increase in the global ro/ro fleet.
Zim deal to strengthen Hapag-Lloyd's market share across key trade lanes The increase in volume that would result across the trans-Atlantic and trans-Pacific corridors was particularly welcome, according to Hapag-Lloyd's CEO.
Shipping decarbonization drive faces patchwork of carbon tax measures Fragmented regional greenhouse gas regulatory frameworks such as the EU ETS have increased the complexity of operating a global network and will be difficult to navigate, observers say.
Real-time chassis location becoming competitive edge in leasing A heavily oversupplied equipment market born out of the pandemic disruption is forcing chassis providers to ensure visibility technology plays a growing role as a differentiator.
Genco Shipping parties like it's 2022 in peak quarter for rates and returns Bulker owner's quarterly earnings come in slightly ahead of expectations
Ripening on the vine: How the Odfjells turned business mistakes into 'beautiful wines' Decades after Dan Odfjell fell for a plot of land outside Chile's capital, it now produces wines his son calls 'emotional' in their quality
France releases sanctioned tanker after imposing fine Aframax Grinch was detained in January after sailing from northeast Russian port of Murmansk
Meet the Greek-American shipowner who wants to put more US flags on tankers amid 'seminal moment' New York native sees US-flag growth as a patriotic move based on the direction he sees Washington headed
United Maritime sells stake in offshore project for profit and confirms bulker deals Nasdaq-listed shipowner has flipped an investment it made in an energy construction vessel project
Mystery surrounds buyers and futures for Asyad Shipping LNG quartet Steamships head off for a new life but doing what exactly?
Aliki Paliou-led Performance Shipping sells its oldest ship Owner quickly finds new buyer after failed deal for 17-year-old aframax
Fourth Scorpio Tankers executive flirts with selling shares Executive team has now placed $30m worth of stock on the table for potential sales
CLdN buys UK and Ireland shortsea business from Samskip Luxembourg-based operator to expand its shortsea container shipping services
Capesize player Seanergy boosts newbuilding orderbook and hikes dividend Owner has now three big bulkers on order in China
NRP arranges new deals to boost project finance portfolio over $550m Project fleet grows by seven vessels after active second half of 2025
Loophole sees overseas tankers reimporting US fuel to California via Bahamas Foreign vessels are filling a gap due to expense and scarcity of Jones Act ships
'World's coolest dictator' hails record drug seizure El Salvador president says raid is biggest drugs bust in country's history
George Economou scraps tanker hit by sabotage blast The ship turned out to be a total loss for the Greek owner
Hapag-Lloyd chief: $4.2bn for Zim is a price worth paying Premium figure deemed 'fair' with annual synergies worth $300m to $500m per year
Dead dictator's floating palace damaged by ship strike Moored Galeb was hit by a multipurpose vessel in the Croatian port of Rijeka
Zimbabwe is latest African nation to warn over false-flagging scams Data shows an aframax linked to Russian oil trades is on its fifth flag since 2024
Dead dictator's floating palace damaged by ship strike The moored Galeb was hit by a multipurpose vessel in the Croatian port of Rijeka
Woodside Energy asks for second round of offers on LNG newbuildings Will the Australian producer opt for new or existing tonnage?
BigLift adds to orderbook as global heavylift demand grows Dutch owner heads to Dalian yard for next-generation newbuilding
Harry Vafias capesize sale extends run of Greek deals Multi-year price highs for ageing large bulkers prompt S&P flurry
Court tries again with auction of arrested product tanker MR Top Grand to be subject of sealed bids until 16 March
Trouble ahead: Can cash-rich container giants avoid 'boom and bust'? AlixPartners flags the danger of slipping into past boom-and-bust cycles
BigLift adds to orderbook as global heavy-lift demand grows Dutch owner says it is heading to Dalian yard for next-generation newbuilding, with an option attached
Dark fleet players could be on hunt for clean tankers if EU expands services ban on Russia Russian sellers will need more ships if a maritime services ban is extended to products
Maritime cleantech firm Amogy turns to power sector 'to survive' US-based ammonia cracker firm scaling up in energy and industrial sectors while shipping dithers over green rules
EU sanctions complicate Dynacom crane damage claim Sixteenth package of measures says Western insurers can cover price cap-compliant ships calling at Ust-Luga
Zurich gets extra time for Beazley takeover decision Regulator agrees to additional two weeks for detailed analysis of figures
Godby Shipping orders two ro-ro vessels in fleet renewal Stream Roro 1700 ships will be delivered in 2028 and 2029
'World's coolest dictator' celebrates biggest drugs bust in his country's history El Salvador president says raid is biggest drugs bust in country's history
Taylor Maritime makes it 51 bulker sales as fleet dwindles further More disposals could be on the cards as owner considers its options
James Gundy quits as Braemar boss after five years in the hot seat London-listed operation picks finance chief Grant Foley as influential broker's successor as CEO
Russian insurer emerges from shadows to keep sanctioned ships moving Granta provides cover for vessels hauling Russian oil while using the false flag of the Republic of Guinea
Tim Huxley-led Mandarin set to exit container shipping Pending sale comes in tight S&P and charter market where premiums roll-in
Precious Shipping's Khalid Hashim explains next move after switch into tankers Thai shipowner's boss 'agnostic' on tanker sizes after buying first MR carrier
Here's how US shipping stakeholders assess the Trump administration's maritime MAP Alignment with proposed Ships for America Act draws praise, but what's not mentioned raises questions
First look: Some US LTL indicators at TFI International turn higher TFI International showed some signs of improvement in its U.S LTL division in the fourth quarter of 2025, which has been a key goal of company management. But the TFI (NYSE: TFII) earnings report released Tuesday showed other data points reflecting continued weakness. TFI's U.S. LTL operations have at its core the UPS Freight operations the company acquired in 2021. On the positive side, the U.S.
When the Farm Belt Feels the Pressure: What Agricultural Strain Could Mean for Freight American agriculture rarely makes front-page freight headlines, yet it quietly underpins a significant portion of trucking demand. Grain, livestock, fertilizer, seed, feed, refrigerated meat, packaged goods, ethanol, farm equipment-entire freight ecosystems depend on a stable farm economy. Recent reporting has highlighted a sharp rise in farm bankruptcies and growing concern from agricultural lea
Broker Transparency, Accountability, and the Freight Market Conversation We Need to Have The freight market does not suffer from a lack of opinions. It suffers from a lack of structured conversations. Broker transparency has become one of the most debated topics in trucking, often framed in emotional terms and amplified by social media soundbites. Recently, I sat down with Chris Jolly , known widely as the Freight Coach, to examine the issue in a more disciplined way. The goal was no
Getting the Last Dime Out of Every Mile: A Lesson in Efficiency When I was a teenager working at a Subway in Sumter, South Carolina, I used to get corrected for something that seemed small at the time. I would build a sandwich, stack it high, and make it look generous. My boss would walk by and say, "That's too many tomato slices." I didn't understand it then. I thought I was doing a better job by giving the customer more. But he would calmly remind me, "Thos
New Jersey ends its prosecution of NFI CEO Brown and five others The legal saga of NFI CEO Sidney Brown in New Jersey has come to an end. The state's Acting Attorney General Jennifer Davenport has decided not to appeal a recent decision by the Appellate Division of New Jersey Superior Court that upheld an earlier dismissal of the racketeering case against Brown and five others over development rights in the south New Jersey city of Camden, across the river fro
Union Pacific, Norfolk Southern set new date to re-file merger application Railroad history, it seems, can wait a little longer. Union Pacific and Norfolk Southern today told federal regulators they will file a revised application for their blockbuster merger by April 30. That's nearly two months later than the March deadline set by the railroads after the Surface Transportation Board in January rejected the nearly 7,000-page initial application as incomplete. The new d
Port of LA containers weaker on import lull The Port of Los Angeles processed 812,000 twenty foot equivalent Units (TEUs) in January, lower by 12% compared to year-ago levels. Falling volumes parallel lesser demand on the trans-Pacific ocean trade, which has weakened since a late peak season in 2025. Results at the busiest U.S. container gateway were hard-pressed to match the surge of the 2025 period, when shippers scrambled to bring in go
Chicago steals crown for worst freight bottleneck For the first time in nearly a decade, a new location has solidified its place at the top of America's worst freight bottleneck: the I-294 at I-290/I-88 interchange in the western suburbs of Chicago. Located approximately 15 miles west of the city's downtown, the bottleneck was ranked second in the 2025 survey but has now surpassed the perennial top chokepoint at I-95 and SR4 in Fort Lee, New Jer
Freight downturn deepens as supply chain bankruptcies mount Bankruptcy filings continued to mount across the U.S. supply chain sector in January and February, underscoring persistent financial pressure on trucking companies, third-party logistics providers, repair shops and manufacturers. The latest filings reflect the prolonged strain of a freight market still grappling with excess trucking capacity, soft spot rates and uneven freight volumes. Here's a b
Rail freight outlook waits for improved indicators For railroads, an uneven economic backdrop is pointing to a cautious outlook as freight demand hinges on whether manufacturing momentum can be sustained, how trade policy evolves, and what unfolds in the labor market - all areas with significant open questions. An uneven backdrop For the economy, uncertainty continues to be a defining feature, says analyst Rand Ghayad of the Association of Americ
TL rates up again without help from volume Volumes were down but freight rates continued to move higher in January, according to monthly data from Cass Information Systems. Cass' ( NASDAQ: CASS ) multimodal shipments index declined 7.1% year over year (down 14.7% on a two-year comparison) to a reading not seen since 2009-the tail end of the Global Financial Crisis. Shipments were down 2% from December on a seasonally adjusted comp. Severe
SearchCarriers unveils interactive Search Map to visualize trucking carrier discovery Raleigh-based SearchCarriers has launched a new Search Map feature, an interactive tool that maps Department of Transportation (DOT)-registered companies across the United States. Announced February 17, the tool aims to provide users with a fast, visual way to explore carrier availability and density. Search Map represents a big user interface upgrade over SearchCarriers' previous search function
UPS identifies 22 package facilities for closure United Parcel Service this year plans to close 22 package sortation centers with union employees in 18 states, including facilities in Dallas, Miami, Baltimore and Atlanta, according to court documents filed last week. It is the first time UPS ( NYSE: UPS ) has publicly disclosed which locations it intends to shut down this year as part of an aggressive strategy for network consolidation and auto
Triumph Financial's 'white label' FaaS offering looks to grow factoring footprint On a conference call last year with analysts, Aaron Graft, the CEO of Triumph Financial, gave an estimate of how many competitors in the factoring spaceTriumph faces on a daily basis: about 400. Given that discount rates and other financial metrics in factoring will never diverge widely among that wide range of competitors, the question is how to expand the business. Triumph Financial (NYSE: TFIN
The Suez Canal Authority has announced that it will introduce surcharges on transit tariffs through the Egyptian canal for most major cargo vessels, effective July 15.
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