VIDEO: Italy's Guardia di Finanzia detains Russian-linked ship in Brindisi Italy's Guardia di Finanza has detained a ship that arrived in Brindisi from Russian Black Sea waters and placed it under emergency precautionary seizure. The ship, described only as "flying the flag
OMS Group contracts Ulstein for next-generation cable-layer duo Ortnevik, Norway-headquartered Offshore & Marine Services AS (OMS Group), a leading provider of subsea digital infrastructure, has signed contracts with Ulstein for the design and construction of two cable-laying vessels. Scheduled to
How Western shipping giants bankroll China's naval expansion Fleets built cheaply at Chinese yards triggered proposed US port fees designed to penalize what Washington calls commercial complicity in Beijing's military rise
DP World London Gateway handles record 5M TEUs DP World set a new record at London Gateway, handling over 3 million TEUs in 2025. This is a 52% increase from 1.9 million TEUs in 2024. Growth came from the new fourth berth, and additional vessel calls from Gemini Cooperation's Asia-Europe routes. Southampton also grew, surpassing 2 million TEUs. Combined, DP World's UK terminals moved over 5 million TEUs in 2025. The UK market totaled more tha
AD Ports Group signs MoU with Nigeria AD Ports Group will explore strategic collaboration with Nigeria's Federal Ministry of Marine and Blue Economy. The initiative follows a meeting between AD Ports Group CEO Captain Mohamed Juma Al Shamisi and Nigerian President Bola Ahmed Tinubu to discuss trade, shipping, and logistics. The partnership was formalized with a Memorandum of Understanding (MoU) signed by H.E. Adegboyega Oyetola, Nige
Mundra poised to open sixth box terminal as volume growth accelerates Mundra Port - Adani Ports (APSEZ)'s flagship cargo gateway in India - is preparing itself to meet the steady demand growth from container lines through the addition of substantial new capacity. The port already operates five container terminals, offering a combined capacity of some 9 million TEUs annually. But it has operated at over 80% capacity in recent years due to rising volumes, driven in s
Maersk revises peak season surcharge from Pakistan Maersk has announced a revision to its Peak Season Surcharge (PSS) applicable to cargo moving from Pakistan to the United States and Canadian East Coast and Gulf ports. The revised surcharge will apply to all ports of destination and will be effective from 17 January 2026 through 4 February 2026. Under the updated tariff, the Peak Season Surcharge for 20-foot reefer and 40-foot high-cube reefer c
Readers Speak: The biggest impact on container shipping profitability in 2026 In our latest poll, Container News asked readers what they believe will have the biggest impact on container shipping profitability in 2026. The responses across our platforms point to a clear concern shaping expectations for the year ahead. Key Insights According to our readers, continued geopolitical instability stands out as the dominant factor likely to affect container shipping profitability
ONE updates East Asia-Japan service network Ocean Network Express (ONE) has announced an update to its East Asia-Japan service network, aimed at strengthening connectivity across Japan, Northeast Asia, Southeast Asia and the Indian subcontinent. The enhanced network is scheduled to take effect from April 2026. The revised structure introduces adjustments across multiple loops, including service integrations, rotation changes and additional
Fleetzero raises USD 43 million in Series A funding Fleetzero has secured USD 43 million in Series A financing to accelerate the production of its Leviathan hybrid and electric propulsion system and to support the opening of a new manufacturing and research and development headquarters in Houston, Texas. The funding round was led by Obvious Ventures, with participation from Maersk Growth, Breakthrough Energy, 8090 Industries, Y Combinator and othe
Imabari Shipbuilding delivers 40,000 DWT bulk carrier SANNOMINE Imabari Shipbuilding has delivered the 40,000-deadweight-ton bulk carrier SANNOMINE , completed at I-S Shipyard Co., Ltd. The vessel features a double-hull, box-shaped cargo hold with topside tanks. The design allows the carriage of a wide range of cargoes, including grain, coal, ore, cement, steel coils, and long steel products. The ship is equipped with four deck cranes. Each cargo hold has a w
Mintra appoints Vassilios Demetriades as Global Ambassador Mintra has appointed Vassilios Demetriades as Global Ambassador, with a strategic focus on the Greek market. The move follows Mintra's acquisition of SQLearn and strengthens its position in maritime digital learning. The appointment supports the integration of SQLearn into the Mintra group. It brings together Mintra's global scale and technology platform with SQLearn's strong presence in the Gree
How Greenland crisis is redrawing commercial shipping maps NATO's unprecedented internal split over Greenland is accelerating China's Arctic shipping strategy while transforming commercial maritime calculations across the polar region with implications reaching far beyond territorial disputes
Red Sea Container Terminals begins operations at Sokhna Port Red Sea Container Terminals (RSCT) has officially begun operations at Sokhna Port, marking a major milestone for Egypt's container handling capacity and regional trade connectivity. The terminal was developed by a consortium including CMA CGM, COSCO SHIPPING Ports, Hutchison Ports, and CMA Terminals. It is located at Ain Sokhna, close to the Suez Canal, and is designed to serve as a key hub linki
Maersk's Red Sea return collides with new Houthi threat over Somaliland As Maersk commits vessels to the Suez route after two years of disruption, Yemen's Houthis declare any Israeli presence in strategic Horn of Africa territory a "military target" creating fresh uncertainty for a fragile maritime normalization
Seatrade takes strategic stake in JR Shipping Group JR Shipping Group has announced that Seatrade has acquired a strategic participation in the company, becoming a long-term strategic partner in the Harlingen-based group. Jan Reier Arends and Sander Schakelaar will both remain shareholders of JR Shipping Group and will continue in their roles as members of the Executive Board. The company will continue to operate as an independent and autonomous o
Ellerman to launch BALTEX service Ellerman City Liners is set to launch a new UK-North West Europe-Baltic service later this month. The new service, branded Baltic Express (BALTEX), will be operated by two vessels of around 900 TEU capacity. It is designed to strengthen short-sea connections between the UK, North West Europe and the Baltic region. According to Dynaliners, the BALTEX rotation will connect Rotterdam, Oslo, Riga, Gd
What Modern Relocation Logistics Look Like With a Broker in the Middle Moving is no longer a simple pickup and drop-off. Today, modern relocation logistics involve tighter timelines, digital paperwork, and multiple teams. A broker often sits in the middle to coordinate that process. This can save you time and reduce guesswork. Still, it can also add extra steps and mixed messages. Here, you'll see how broker-led moves work in real life. You'll also learn what to exp
Port Saint John marks completion of West Side modernization project Port Saint John, alongside government and private-sector partners, cut the ribbon on the US$247 million West Side Modernization Project. The project, funded in partnership with the Government of Canada, Province of New Brunswick, and the Port, marks the end of a decades-long journey to solidify Port Saint John's position as a critical gateway for Canada's supply chain. The award-winning project,
Port of Tyne highlights clean energy and investment opportunities The Port of Tyne was represented at Invest North East: Energy and Innovation, the region's inaugural investment summit hosted by the North East Combined Authority, bringing together over 200 investors, developers, and decision-makers from across the UK and around the world. The summit highlighted the North East's growing strength as one of the UK's leading destinations for clean energy investment
MSC extends Jua Express to Sri Lanka MSC is set to extend its intra-East Africa Jua Express service to Sri Lanka, adding calls at Colombo and Hambantota, according to Alphaliner. As part of the revision, Zanzibar will be reinstated on the rotation, while Mombasa, Kenya, will be removed. The changes will see the service shift from a single-vessel weekly loop to a fortnightly operation supported by two vessels with an average capacity
Everllence to supply compressors for MODEC FPSO offshore Brazil Everllence will supply compressor technology for a new FPSO operated by MODEC offshore Brazil. The systems will support the Gato do Mato - Orca Project in the Santos Basin. MODEC has commissioned Everllence to deliver five compressor trains for the vessel. The FPSO will operate in the pre-salt area, around 200 kilometres south of Rio de Janeiro, at a water depth of approximately 2,000 metres. Onc
Modec taps DOF for FPSO mooring gig off Guyana Norwegian offshore vessel owner DOF has won a turn-key contract award with Modec's Guyana arm for the provision of mooring pre-lay for the Hammerhead FPSO project offshore Guyana. DOF's North America subsea team will provide in-house project management, engineering, procurement, logistics, transportation and installation utilising DOF's 2018-built CSV Skandi Implementer for the pile installation
US Treasury targets ship captains in latest sanctions drive Trying to disrupt the financial networks supporting the Iran-backed Houthi movement, the US Department of the Treasury's Office of Foreign Assets Control (OFAC) on Friday designated 21 individuals and entities, including one vessel and a number of ship captains involved in delivering oil products. "Treasury will use all tools at its disposal to expose the ...
Another US offshore wind project fights off Trump suspension Another stopped US offshore wind project will resume construction after a federal judge temporarily lifted the Trump administration's suspension of the project. The US Department of the Interior halted five offshore wind projects under construction, worth over $10bn in combined investment, citing national security concerns - Vineyard Wind 1, Revolution Wind, Coastal Virginia Offshore Wind, ...
Sinokor to top VLCC operator charts following stunning S&P raid Sinokor's stunning raid in the tanker sale and purchase markets over the past six weeks is on course to make the Korean shipowner the largest operator of VLCCs in the world. Brokers are agog at Sinokor's market-altering decision to largely exit the container scene, selling most of its boxships to Mediterranean Shipping Co (MSC), in ...
OMS Groups orders cable layer pair from Ulstein Malaysian provider of subsea digital infrastructure solutions OMS Group has signed contracts with Norwegian shipbuilder and designer Ulstein for the design and construction of two cable laying vessels. This move underscores OMS's commitment to meet the surging global demand for high-capacity submarine cable systems. The new vessels, scheduled to enter service in 2028, will be ...
Samos Energy buys FSO in Southeast Asia from Altera Singapore-based upstream energy investment firm Samos Energy has executed a ship sale agreement for the acquisition of the FSO Suksan Salamander from Altera Infrastructure. The unit is currently deployed on the Bualuang oil field offshore Thailand, operated by Medco Energi Thailand. As part of the transaction, Samos has partnered with FPSO Ventures, a specialist in ...
Maersk and Bill Gates back American battery pioneer Houston-based Fleetzero has successfully raised $43min Series A funding, led by Obvious Ventures with participation from a powerhouse coalition of investors, including Maersk Growth, Breakthrough Energy Ventures founded by Bill Gates, and 8090 Industries. MOL PLUS, the investment arm of Japan's largest shipowner, Mitsui OSK Lines (MOL), invested in the marine battery maker two years ...
Angad Banga takes the reins at Caravel Hong Kong's Caravel Group announced today Angad Banga has taken over from his father, Harry Banga, as group CEO of the commodities and shipmanagement giant. Harry Banga will continue to lead the group as founder and executive chairman. "It is with immense pride-both as the founder of this company and as a father-that I extend ...
MSC to co-develop Libya's largest boxport A Qatari fund and the ports arm of Mediterranean Shipping Co (MSC) have signed a $2.7bn deal to develop Libya's Misrata port. The project will increase the port's handling capacity to 4m teu per year. Misrata, the country's main non-oil terminal, handles almost two-thirds of the country's container traffic. The project brings together the Misrata ...
Italy seizes sanctions-busting bulk carrier Italian authorities have detained a 27-year-old handysize bulk carrier in the port of Brindisi on suspicion of breaching EU sanctions against Russia, following irregularities linked to a shipment of about 33,000 tonnes of ferrous metals. The detention was carried out by the Guardia di Finanza in cooperation with customs officials, after inspectors flagged what were ...
Washington's Greenland gambit casts shadow over transatlantic trade prospects Geopolitical risk will exacerbate an already weakened transatlantic container market, as a spiralling US-Europe tariff confrontation over Greenland threatens to...
The Week in Charts: Red Sea traffic struggling to gain traction | Pressure builds in Europe to tackle stateless shadow tankers | China ramps up imports of US soyabeans Lloyd's List's weekly showing of the data and figures behind our news, analysis and markets coverage
What to look out for in containers in 2026 The container market is delicately poised, with plenty of tonnage set to hit the water and one big question dominating...
Italian police seize bulker suspected of breaking EU sanctions Italian authorities accused the vessel of calling at Novorossiysk and carrying out 'prohibited cargo loading operations'
China tanker stocks jump on geopolitics and sanctions squeeze, lifting bets on compliant VLCC demand Mounting geopolitical pressure on sanctioned oil trades from Russia, Iran and Venezuela could reshape tanker markets, with VLCC spot rates...
The week in newbuildings: Cosco, PIL and EPS lead $4.9bn ordering spree Containership orders remain strong with Cosco confirming six 3,000 teu vessels, while Pacific International Lines signed letters of intent for...
Maersk dominates schedule reliability rankings Container analytics firm Sea-Intelligence sought to factor in carrier intent with its recent analysis of schedule reliability
The Daily View: Greece's calculated bet
Hengli wins Dynacom VLCC quartet plus LR2 order in expansion push The contracts add to its growing backlog as the Chinese builder seeks Yuan7bn ($1bn) to expand capacity
Hapag-Lloyd seeks Supreme Court ruling on late redelivery dispute Case expected to attract wide industry interest
Caravel Group names Angad Banga as chief executive in planned succession The appointment follows a planned succession and comes after Angad's two-year tenure as chairman of the Hong Kong Shipowners Association
Daily Briefing Greece and Saudi Arabia to team up against IMO carbon price | Venezuela traders change ownership following US pressure |...
STB rejects UP-NS merger application as 'incomplete' The regulator's decision was unanimous, but Union Pacific and Norfolk Southern can fix what is deficient in the application and resubmit it at a later date.
Washington state weighs permanent ban on funding port automation The state senate is considering a new bill that would block state funds from going toward port automation, with longshore workers adding their support.
Carriers expand MPV fleets with $450 million in new vessel orders The orders come amid continued strong growth in the global wind energy sector as turbines, blades and monopiles provide a stable cargo for MPV and heavy-lift operators.
Truckload at a tipping point; intermodal still lagging: J.B. Hunt But the US' largest intermodal provider said during its fourth-quarter earnings call it is not forecasting a market inflection just yet, citing the "false starts" the industry has seen during the past 18 months.
MPV, heavy-lift operators ready for UK offshore wind boom after project approvals But rapid development of the record 8.4 gigawatts of new offshore capacity could lead to ship capacity constraints and logistical bottlenecks.
Zurich goes public on latest bid for $10bn insurer Beazley Offer sends shares in target soaring to highest level on record
Gianluigi Aponte's boxship dominance rolls on with five-ship deal MSC is still outgunning rivals as the dominant buyer of secondhand tonnage
Unseasonal surprise: Capesize owners enjoy one of best starts in 15 years Supply-demand dynamics have lent unseasonal warmth to first quarter
'Blackbeard tactics': Russia fires retaliation warning if shadow fleet ships seized UK and Baltic States say they will increase pressure on Russia's oil exports
Van Oord doubles up on rock installation newbuildings in China Dutch contractor returns to CIMC Raffles for next-generation subsea vessel
Red Sea close to reopening with 'meaningful' return of Maersk, Clarksons says But analysts believe full rerouting of ships is still 'conditional'
Nuclear-powered shipping can help the industry go green, says Lloyd's Register boss Consortium to build framework for nuclear-powered commercial shipping
Shipping pioneer Harry Banga steps back as CEO of Caravel Group as succession plan plays out Founder to remain as executive chairman, while his son takes the reins of Hong Kong-based company
Economou's TMS swoops for suezmax tanker slots reserved by Fredriksen's Seatankers Greek company is said to have taken over berths
Sanctioned bulker linked to Russia trades seized by Italian police Captain accused of making misleading statements, altering documents and deactivating the transponder
US pressure on Iran could deepen Chinese reliance on Russian-trading tankers Clarksons examines key players' probable reactions to further tariffs on trade with Tehran
Shipbroker Goran Rostad wins appeal and will stay in his job at SSY until final court showdown Shipbroker who was photographed with a topless model has won the right to stay in post while his case is resolved
Onassis' Olympic Shipping linked to three-year VLCC charter deals with Shell Burst of fixing led by Sinokor Maritime in South Korea has pushed up period rates
Charter rates plunge 40% in a week for modern LNG carriers Tonnage piles up in the west despite a surge in spot fixtures
'Blackbeard tactics': Russia fires retaliation warning if shadow fleet ships seized UK and Baltic States say they will increase pressure on Russia's oil exports
George Procopiou inks four VLCCs at Hengli worth up to $600m Dynacom Tankers is said to have booked a total of 12 VLCCs at the Dalian-based shipyard
Will owners or charterers blink first after VLCC rates hit the afterburners? Brokers and analysts say high activity has pushed earnings up, but how far can the rally go?
Spain's Naturgy and Enagas team on LNG bunker vessel newbuilding Partners see growing supply of bio-LNG at Spanish terminals
Tanker hit by Ukrainian drones refloated by Turkish coastguards Oman-flagged vessel was attacked in Mediterranean Sea
Shipping stocks fall after Trump's Greenland tariff threat Container and car carriers stocks drop in Europe
John Fredriksen and Idan Ofer-backed Edda Wind sells offshore vessel pair Denmark's Esvagt has snapped up the Breeze Enabler and Brint Enabler
Stena Sonangol tankers fixed to feed Africa's biggest refinery Shipping arm of national producer strikes similar deal to that agreed in 2024 with suezmax pool
Altera nears shipping exit as Samos Energy buys FSO London group strikes deal to acquire unit operating in Thailand
Shipping pioneer Harry Banga steps back as CEO of Caravel Group as succssion plan plays out Founder to remain as executive chairman, while his son takes the reins of Hong Kong-based company
Malaysian subsea player orders two cable layers from Ulstein in fleet renewal move OSM pair scheduled to come into service in 2028
EU-US trade deal unravels after Trump pushes Denmark to give up Greenland Brussels freezes trade agreement and considers tariffs after Trump announces 10% surcharge on European products
Recycling deals for Chinese bulkers show how hungry Pakistan is for scrap tonnage Deals involving sales to Pakistan and India highlight significant difference in scrap price offerings
Green tech company jumps into shipowning with two tanker buys ContiOcean to trade the vessels commercially while demonstrating its technology
Wison New Energies fires up new Qidong yard in China High tech facility targets FLNG, offshore units and modules construction
Kumiai Navigation to break eight-year newcastlemax newbuild hiatus Japanese-owned company is scheduled to take delivery of two newbuildings in 2029
Over 10 more Chinese seafarers feared captive in Cambodia scam cases Families speak out as volunteer warns of widening recruitment trap targeting seafarers
Tennessee bill would impose strict penalties for unlawful commercial vehicle operation Tennessee lawmakers announced legislation last week that would impose criminal and civil penalties on individuals and companies for the unlawful operation of a commercial motor vehicle (CMV) in the state. Tennessee Senate Bill 1587 (SB 1587) would amend TCA � 55-50-403 by adding misdemeanor charges for those who knowingly allow a person unlawfully present in the United States to operate a CMV in
HwyHaul marks 7 years with AI-powered leap toward autonomous freight Hwy Haul is celebrating its seventh anniversary by unveiling a suite of AI-driven tools designed to make freight management fully autonomous. The company announced the launch of its AI Agents and AI Teammates, along with a new cloud-native AI Transportation Management System (TMS) for freight brokers, shippers, and carriers. The release marks Hwy Haul's transition into an AI-first logistics compa
In Flowers Foods drivers' case, employee arbitration vs. litigation issue can't be overlooked While the legal issue in front of the U.S. Supreme Court in the Flowers Foods case is whether a local delivery driver is engaged in interstate commerce, even if the worker's vehicle never crosses state lines, the day-to-day legacy of the dispute is more likely to be an employee relations question: arbitration or litigation? That point was driven home further late last week when lawyers for Angelo
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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