Two FMC Commissioners applaud Administration action to close Harbor Maintenance Fee loophole Federal Maritime Commissioners Max Vekich and Laura DiBella are commendig the Administration for taking steps to close land border tax loopholes that Canada and Mexico have been using to redirect supply chains
Allseas new heavy transport vessel Grand Tour will feature future-ready Wärtsilä 31 engines Wärtsilä will supply the engines for the Grand Tour, a new purpose-built semi-submersible heavy transport vessel (HTV) on order for Switzerland-based offshore contractor Allseas Group at Guangzhou Shipyard International (GSI) in China.
Ingalls completes USS Zumwalt (DDG 1000) builder's trials HII's Ingalls Shipbuilding division has successfully completed builder's sea trials for USS Zumwalt (DDG 1000), putting the ship back in the water for the first time since 2023. Delivered in 2016, USS
ICS releases new Deck Procedures Guide The International Chamber of Shipping (ICS) has released its new Deck Procedures Guide, which, it says, addresses a critical gap in maritime safety guidance by providing the industry's first comprehensive resource dedicated
Kalmar to deliver five medium Forklift Trucks to OSTP Finland Kalmar has signed an agreement with OSTP Finland to deliver five Kalmar Medium Forklift Trucks. The deal also includes a five-year Essential Care maintenance contract. Also, the company booked the order in Q4 2025. The company will deliver the trucks in Q3 and Q4 2026. OSTP Finland is a leading Nordic manufacturer of stainless steel pipes, tubes, and fittings. The company continues to improve its
Kuehne+Nagel supports Schwalbe's expansion in Vietnam Kuehne+Nagel is supporting Schwalbe's major expansion in Vietnam as the two companies mark 10 years of partnership. Schwalbe is expanding its export distribution centre to nearly 20,000 sqm to meet growing global demand for bicycle tyres. The site ships products to 43 international markets across Europe, Asia, the Americas, and Africa. The expansion will create local jobs and strengthen Vietnam's
Port of Liverpool powers up UK's largest rooftop solar array Peel Ports Group and E.ON have marked a major sustainability milestone at the Port of Liverpool, with the first electricity now generated from nearly 7,000 solar panels installed on the new Alexandra Dock warehouse ('Alex Shed'). This is the first phase of a wider project that will see up to 48,000 panels installed across the port, creating the UK's largest roof-mounted solar array. The solar pro
Global bunker market rises in week 04 By the end of the Week 04, global bunker indices published by MABUX demonstrated a clear upward trajectory, according to Sergey Ivanov, Director, MABUX . The 380 HSFO index rose by US$ 8.64, increasing from US$ 405.68/MT last week to US$ 414.32/MT. The VLSFO index gained US$ 5.11, reaching US$ 494.36/MT compared to US$ 489.25/MT the previous week and moving closer to the psychological US$ 500/MT
Yokkaichi Port sees 9.6% rise in foreign-trade containers Yokkaichi Port handled 15,507 TEUs of foreign-trade containers in November 2025, up 9.6% year on year, according to the Yokkaichi Port Authority, and as the Japan International Freight Forwarders Association (JIFFA) reported. Exports reached 8,371 TEUs, an 8.4% increase. Imports totaled 7,136 TEUs, up 11.1%. Loaded containers rose 13% to 13,896 TEUs. Exports of full containers climbed 12.5% to 7,
Suez Canal sees traffic recovery as shipping lines plan return The Suez Canal Authority (SCA) has reported strong signs of recovery in vessel traffic, with the number of transiting vessels up 5.8%, tonnage up 16%, and revenues rising 18.5% in the first half of the 2025/2026 financial year compared to the same period last year. During a meeting with representatives from 20 shipping lines and maritime agencies, SCA Chairman Adm. Ossama Rabiee emphasized that s
Patras-Egypt maritime initiative as regional trade opportunism Mediterranean shipping is fragmenting into opportunistic bilateral arrangements as Red Sea chaos forces ports to chase cargo wherever it moves
MSC announces new EU freight rates from India and Pakistan MSC Mediterranean Shipping Company has announced new freight rates for cargo moving from India and Pakistan to Europe, effective from 9 February 2026 until further notice, but not beyond 28 February 2026. The revised Freight All Kinds (FAK) rates apply to shipments destined for Antwerp and Valencia and are quoted in US dollars. For shipments to Antwerp , the rates are set at USD 1,550 per 20-foot
Emirati port operators reinforce strategic orientations AD Ports Group pivots toward energy infrastructure while DP World consolidates UK gateway dominance, revealing divergent responses to identical market pressures and cementing UAE's dual-track maritime supremacy
MSC revises NWC UK-Greece & Türkiye service rotation MSC has announced a revised port rotation for its North West Continent (NWC) UK service connecting Greece and Türkiye, as part of efforts to improve schedule frequency and service reliability. The adjustment follows MSC's investment in additional capacity and is designed to avoid current port congestion while enhancing connectivity and service coverage across the trade. According to the carrier,
ONE provides further update on ONE HENRY HUDSON Ocean Network Express (ONE) has issued a further update regarding the fire incident onboard the vessel ONE HENRY HUDSON at the Port of Los Angeles. According to the latest advisory, cargo discharge operations were completed on Monday, 19 January 2026, with all containers transferred to designated yard areas at Yusen Terminal (YTI). The vessel subsequently departed Yusen Terminal on Wednesday, 21
Hambantota introduces QR-based port access system Hambantota International Port (HIP) has launched its Automated Gate Pass Management System (AGPMS), becoming the first port in Sri Lanka to operate a fully automated, QR-code-based, paperless gate pass system. The new platform supports HIP's digital transformation and improves efficiency, security, and access control across port operations. HIP officially inaugurated the system at the Hambantota
Maersk revises pre-gate ticket process for exports via Piraeus Maersk has announced a revision to its pre-gate (ticket) process for export shipments moving through Piraeus terminals, as part of efforts to streamline operations and improve customer experience. Effective from 1 February 2026, the new pre-gate process will apply to all export shipments handled via Piraeus. Under the revised procedure, pre-gate tickets will only be issued for shipments and conta
Tianjin Container Terminal (TCT) welcomes green equipment fleet TCT has launched a new fleet of zero-emission and low-carbon equipment, marking another major step in its sustainability journey. Greener terminal. Smarter operations. 18 Electric Forklifts Operate for 8-10 hours continuously Support fast charging Cut maintenance costs by 60% versus diesel 7 Hydrogen-Powered Container Trucks Deliver strong performance Reduce maintenance costs by 50% Enable cleane
ONE launches new inland trucking services in Thailand Ocean Network Express (ONE) has launched a new inland trucking service in Thailand, expanding its logistics offering with an integrated end-to-end solution for both import and export containers. The new service connects inland transport with ONE's existing ocean network, combining door pick-up and delivery with maritime services to provide customers with a single, streamlined logistics solution.
Trump's tariff threat on Greenland's European defenders bad for transatlantic trade MSC, Maersk Line, CMA CGM and Hapag-Lloyd are the largest transatlantic players, with total deployed capacity of 420,000 TEU, and US President Donald Trump's threat to slap tariffs on European countries objecting to his takeover of Greenland will harm their volumes. Trump announced on his Truth Social platform on 17 January that eight European countries would face tariffs starting at 10% on 1 Feb
ZeroNorth names Soren Andersen as new CEO ZeroNorth, a leader in maritime digital transformation, announced that Soren Andersen will succeed founder Soren Meyer as CEO, marking the next phase of the company's growth. Since its founding five years ago, ZeroNorth has grown to service 6,000 vessels with 550 employees across six global offices, establishing itself as a market leader in maritime software and services. Andersen brings 25 years
HPT adds three remote-control quay cranes at Terminal D Hutchison Ports Thailand (HPT) has added three remote-control super post-Panamax quay cranes at Terminal D in Laem Chabang. The delivery, completed in December 2025, brings the terminal's total to 17 quay cranes along 1,700 metres of quay. The new cranes complete Terminal D's development phase. They increase handling capacity and allow the terminal to serve three mega-vessels and one feeder vesse
Precious sends ultramax newbuilds straight back on hire with Jaldhi Thailand's Precious Shipping has moved quickly to line up work for two ultramax bulker newbuilds it has just acquired from Jaldhi Overseas, fixing both vessels straight back to the Singapore-based outfit on long-term, index-linked charters. The Ubon Naree has been fixed for 24-26 months at a gross variable rate equivalent to 115% of the Baltic ...
IACS announces next chair Alex Gregg-Smith, president, marine and offshore at Bureau Veritas, will become the next chair of the International Association of Classification Societies (IACS) from July 1 through to the end of 2027. Gregg-Smith commented, "The maritime industry is at a crucial stage in its technical, digital and environmental evolution. The role of IACS in ensuring these ...
Carimin emerges as top Sealink shareholder after stake buy Malaysian oil and gas services firm Carimin Petroleum has bought a 19.5% stake in compatriot Sealink International, becoming the company's largest shareholder. Carimin said in a Bursa Malaysia filing that it bought 97.5m shares from Sealink's executive chairman, Lo Ling, via a direct business transaction for RM39.98m ($9.88m). The shares were bought at a 15.5% ...
Seatrium files arbitration claim against Aibel over offshore platform dispute Singapore shipyard group Seatrium has filed arbitration proceedings against its project partner Aibel over their agreement for the DolWin 5 project, a 900MW offshore converter platform in the German North Sea being built for TenneT. The contract for the platform was secured back in 2019 by Aibel and Keppel Offshore and Marine, before it formed ...
'Nothing short of a disgrace': Record 6,223 seafarers abandoned in 2025 Seafarer abandonment hit record levels in 2025, according to new data compiled by the International Transport Workers' Federation (ITF), with 6,223 seafarers abandoned across 410 ships, the sixth year in a row that the number of vessels on which abandonments occurred has broken records. The numbers represent a 31% increase in such ship abandonments compared ...
When shipping corridors become battlefields Wolfgang Lehmacher discusses the so-called weaponised interdependence at sea. Corridors have become battlefields as much as shortcuts. Eternity C (pictured) proved that in July 2025, when Houthi attacks in the southern Red Sea sent the Greek-operated, Liberian-flagged bulk carrier to the bottom, with crew dead, missing, and rescued from the water after hours adrift. The ...
Inaugural Splash Singapore targets top spot in Asian shipping calendar The speaker lineup for the inaugural Splash Singapore, scheduled for September 24, is making good on earlier promises to make the event Asia's leading shipping conference. Among recent speaker signups are Martin Fruergaard, the CEO of Pacific Basin Shipping, Jeremy Sutton, the CEO of Swire Shipping, Marina Hadjipateras, co-founder and general partner at TMV, and ...
Russia continues to add shadow fleet tankers to its flag Russia's willingness to directly flag ships operating in sanctioned trades has not been affected by the recent US seizure of...
Wait-and-see is the real result from NZF delay The IMO's deep-freezing of the Net-Zero Framework has not dented banks' commitment to decarbonisation in principle. But in practice there...
Don't write off coal just yet Last year marked the beginning of the end for coal, according to some, but Chinese policy combined with potentially huge...
Uncertainty over who constitutes 'carrier' under US import/export rules, Gard warns Potential for costly disputes, world's largest marine insurer advises
Greece and Russia lead shipping's Red Sea return, but others are now following Greek and Chinese companies continue to accelerate their return to Red Sea transits, but some of the recent growth has...
France boards second tanker as pressure to tackle stateless vessels mounts Sanctioned aframax, last tracked off Spain, has not transmitted AIS data for several hours
All-in vessel insurance costs unchanged after flat 2025 But owner outlays still run to hundreds of thousands of dollars per ship
Tanker values surge as strong earnings and Sinokor spree reset S&P benchmarks While the Sinokor-driven premium may fade if buying slows, underlying values should remain firm if earnings stay strong and compliance...
The Daily View: An issue worth flagging
Ocean Alliance sticks to Cape routeing with contingencies for Suez rotations New routes align with alliance member CMA CGM's decision to pull back from the Red Sea
Daily Briefing Crack down on 'Mickey Mouse flag states', Marshall Islands urges | Dominguez calls for states to focus on the substance...
Port of Los Angeles forging ahead with aggressive construction program Expansion of two container terminals and construction of a new 200-acre facility to be called Pier 500 will help the port retain its position as the largest US gateway, Executive Director Gene Seroka said in his State of the Port address Thursday.
Shippers will see rates climb as truckload capacity tightens: Knight Swift Tighter capacity amid the federal government's crackdown on non-domiciled commercial driver's licenses and English language proficiency among drivers will likely boost rates, the company says.
Clear direction set for LNG amid ongoing regulatory uncertainty: industry group The LNG market is cementing its position as the alternative fuel of choice for the container shipping industry with significant expansion in ship orders and global bunkering infrastructure, a SEA-LNG report has found.
Could the ocean carrier order book be a matter of 'irrational exuberance'? The feeling that an arms race for bigger ships and a rush for alternative fuels has overtaken purely rational decision making is strong, writes Jeremy Maste
Zodiac tanker rescues competitor after rogue waves make World's Toughest Row race too tough VLCC diverted for 12 hours to save stricken solo rower off Puerto Rico
Knut Orbeck-Nilssen takes the helm temporarily at DNV Chief executive Remi Eriksen expected to make full recovery after cancer diagnosis
Pangaea Logistics rockets 20% with Greenland and Arctic ice trades in view Greenland's rich mineral resources could be fertile ground for large ice-class fleet
Back in the game: There's a new CFO role in store for James Lightbourn An incisive observer of the shipping landscape is now heading back into the fray
Judge backs ship manager's liability cap in Baltimore Bridge costs skirmish Owner and manager of container ship Dali are set for bigger costs battle later this year
France seizes 'shadow fleet' tanker as Macron takes hard line on Russia sanctions Interdiction announced by Macron comes after US carries out seven similar moves in Caribbean
Kongsberg formally approves demerger and separate listing of maritime division Kongsberg Maritime will aim for separate listing in April
Safe Bulkers resumes newbuilding drive with fresh kamsarmax pair in China Owner orders its first vessels since 2024
Fire at Kazakhstan's largest oilfield puts Black Sea tanker loadings in peril Just as the CPC terminal gets back on track, a fresh threat to crude volumes emerges
Shadow fleet buyers target younger tankers to fill gaps left by sanctions strikes, SSY analyst says Supply of older tankers is running low after four years of sales from the mainstream market
MPC Container Ships chairman Ulf Hollander buys bonds for $400,000 Primary insider takes a slice of feeder specialist's $200m issue
Five tonnes of cocaine seized after helicopter swoops on ship in the Pacific Ocean Togo-flagged vessel boarded by authorities in French Polynesia
LNG carrier newbuilding ordering becoming a risky business GasLog CFO says chartering discussions have picked up, with tendering proving very competitive
German owner swoops for fourth container ship from Marinakis stable German container ship player has clocked up four buys from US-listed firm controlled by Evangelos Marinakis
Lawyers, bankers and Pac-Man: Genco and Diana get ready for battle TradeWinds unpacks the clash between two New York-listed dry bulk owners
Why the time is right for BaltNav and Navision Shipping to merge 'Now we see that the culture and the fit are correct'
Costamare mulls order for 12 neo-panamax container ships worth $1.26bn The Greek shipping company is ordering neo-panamaxes against charter contracts from Cosco Shipping Lines
Shipping faces new upheavals in bipolar world, executives say US is focusing enforcement activity in countries that are sources of energy for great rival China, Marine Money conference told
Pilot died in fall from ship's ladder after wrongly being passed fit, probe finds Investigators also find fault with recovery platform used after accident
'Fear and anger': Seafarers speak out after being sent into war zone against will Crew members on Palau-flagged Elbus had asked to leave before suezmax headed into Black Sea after a spate of drone attacks
Pilot died in fall from ship's ladder after wrongly being passed fit, probe finds UK investigators also find fault with recovery platform used after 2023 accident
Owners need a strategy to get seafarers on ships, Danica boss says Experienced crew agency CEO explains the challenges of securing and retaining staff at sea
Kogas ordered to pay Samsung Heavy $204m in long-running containment system saga Latest ruling emerges in LNG design row
Shipowners push newbuilding book to 16-year high, Clarksons says New deals in 2025 smashed the 10-year average figure, broker calculates
New Bureau Veritas shipping boss Gregg-Smith named next IACS chairman Experienced naval architect and engineer to replace Roberto Cazzulo in July
'Final prayers': Tanker crew at 'breaking point' tell of Black Sea war zone ordeal Crew members on Palau-flagged Elbus had asked to leave before suezmax headed into Black Sea after a spate of drone attacks
Valero and Phillips 66 identified as first buyers of Vitol's Venezuelan cargoes US refiners said to have bought crude for delivery into the US Gulf
'Good time' for shipping companies to issue bonds as tensions are high, Fearnleys says Fund inflows driving investor demand, researcher says
Buyers chase older product tankers in string of secondary market deals The selective sale-and-purchase approach shows business remains for vintage vessels in the niche sector
London-listed insurer Beazley rejects $10bn takeover bid Board unanimously turns down offer saying it undervalues the company
Israel crude tanker imports soar despite Turkish trade ban Ship-tracking data shows Azerbaijani cargoes shipped from Ceyhan hit three-year high in 2025
Valero and Phillips 66 identified as first buyers of Vitol's Venezuelan cargoes US refiners said to have bought crude for delivery into the US Gulf
Danica Crewing eyes future seafarer supply with new bases in Europe and Africa Boss Henrik Jensen tells TradeWinds about his expansion plans
Taylor Maritime spills red ink after selling 50 bulkers to right-size fleet UK-listed owner says talks over future continue with shareholders
Tsakos clan invests in Greek solar farm project with energy major Greek shipping family makes new diversification move
Christen Sveaas' Kistefos banks $25m from second bond tap issue in two days Shipping investor carries out successive raises amid strong demand
Norwegian shipowner Christopher Fjeld sells off last two bulkers This leaves dry bulk market wondering what his next moves will be
Wickwar cashes in on healthy demand for older bulk carriers Low-profile owner sells 27-year old handysize for a sizeable premium over its scrap value
Maersk Tankers tied to sale of oldest vessel as MR values hold steady Prices of MR chemical and product tankers of the Maersk Kara's characteristics remained mostly unchanged since June
US removes Altomare from blacklist after Greek shipowner hit with 'comprehensive identity theft' Sanctioned VLCC pretended to be Greek owner's Kallista
Shandong Marine poised to order LNG carriers backed by Shell charters Jiangnan Shipyard in line to scoop newbuilding quartet
Record-breaking $200M for truck parking nears finish line WASHINGTON - The U.S. House of Representatives passed a 2026 fiscal year spending package on Thursday that includes a record-breaking $200 million dedicated specifically to truck parking, a measure long-demanded by motor carriers and truck drivers. The funding, tucked within the Consolidated Appropriations Act of 2026, marks the first time Congress has ever "line-itemed" such a substantial amount
Former employees detail turmoil before R&R Family of Companies collapsed The collapse of Pittsburgh-based R&R Family of Companies followed months - and in some cases years - of internal instability, financial strain and deteriorating operations across its subsidiaries, according to interviews FreightWaves conducted with former employees. The privately held logistics group, which operated brokerage and asset-based trucking units including R&R Express, GT Logistics, RFX
Port of Los Angeles tops 10M containers for third time The Port of Los Angeles posted near-record container volumes in 2025 despite a challenging trade environment, and marked the occasion to highlight a slate of projects aimed at solidifying its position as the top U.S. import gateway. Los Angeles, which along with the Port of Long Beach comprises southern California's San Pedro Bay maritime complex, handled 10.2 million container units in 2025, thi
First look: CSX Q4 earnings CSX Corp. today announced fourth quarter 2025 operating income of $1.11 billion and net earnings of $720 million, or $0.39 per share, on revenue that was narrowly lower from a year ago. Earnings released after the close of markets fell short of analysts' estimates of $.41-.42 for the quarter. Revenue totaled $3.51 billion for the quarter, down 1% from the year-ago quarter as lower merchandise vol
Startup airline Riyadh Air phases in cargo operations Riyadh Air, a startup airline owned by Saudi Arabia's PIF sovereign wealth fund, has established a cargo division to manage goods transport in the lower hold as it gears up to start flights for the general public this quarter. The national carrier began daily service from Riyadh to London Heathrow airport in late October for employees, friends and family using a leased Boeing 787-9. On Wednesday,
RouteMate: How Fleet Inefficiencies Quietly Destroy Gross Revenue The trucking industry is no stranger to razor-thin margins. Between fluctuating fuel costs, insurance premiums, and freight rates under constant pressure, fleet operators are fighting to protect every dollar of gross revenue. Yet, many fleets are losing money in ways they can't easily see, track or measure, whether it's through driver behavior they can't monitor, equipment failures they can't pre
Norfolk Southern orders first new locomotives since 2022 Norfolk Southern has ordered 40 new locomotives from Wabtec, marking its first new locomotive purchase since 2022. Delivery of the six-axle, AC-powered diesel-electric locomotives is expected in the second half of 2026, NS said on Thursday. The carrier's Chattanooga, Tenn., shop will handle final preparation. The order comes as NS (NYSE: NSC ) is in the process of being acquired by Union Pacific
Texas court rules Landstar to pay 100% of $23M accident verdict Freight broker Landstar System again called out elevated insurance and claims expenses ahead of a quarterly earnings report. In a Wednesday filing with the Securities and Exchange Commission, the company outlined $22 million in insurance-related charges taken during the recent quarter. The filing said, "highly elevated insurance and claims costs of $56 million," included $22 million (49 cents per
Trump administration backing C.H. Robinson on broker liability before SCOTUS The list of amicus briefs filed in support of C.H. Robinson in the pending Supreme Court case over broker liability had a surprising entrant: the Trump administration. Not only that, it's going beyond just filing a brief (which it did). The administration is also asking to make oral arguments in favor of C.H. Robinson when the case comes before the nine justices March 4. The office of Solicitor G
Labor takes back seat on trucking advisory panel WASHINGTON - The Federal Motor Carrier Safety Administration has opened nominations for an overhauled Motor Carrier Safety Advisory Committee (MCSAC) that raises the profile of small-business truckers but deemphasizes the role of organized labor. FMCSA's 2026 member solicitation incorporates changes made under the 2021 Bipartisan Infrastructure Law, which required that "small business motor carri
Knight-Swift eyeing margin improvement in 2026 Knight-Swift Transportation missed fourth-quarter expectations but said it is continuing to attack costs and believes it can improve margins in the new year even without a lift in volume and rate. However, the multimodal transportation provider acknowledged it would likely take better demand and pricing to get back to longer-term margin ranges. The Phoenix-based company reported a headline net lo
Greenlane, Windrose team up on complimentary charging to accelerate electric truck adoption Windrose is offering three months of complimentary charging on the Greenlane network with every purchase of a Windrose Global E700 electric truck, a move designed to accelerate adoption by addressing one of the industry's most persistent barriers: the total cost of ownership gap between electric and diesel vehicles. The partnership follows incentive models proven successful in the passenger vehic
Logistics leaders brace for Fern 5 years after 'Great Texas Freeze' With memories of 2021's crippling winter storm that parked an estimated 300,000 trucks nationwide, logistics leaders are bracing as Winter Storm Fern prepares to bring snow and hazardous icy conditions to major freight hubs including Dallas, Atlanta, Nashville, and Memphis. The storm is set to test critical supply chain routes along the I-75 and I-40 corridors-arteries that carry up to 75% of all
When ice, not snow, brings freight to a standstill That is the reality facing shippers and carriers as a sprawling winter system stretches from the Lower Midwest into the Southeast. North of Interstate 40, conditions resemble a familiar winter pattern: snow, cold, and manageable delays. South of it, Arctic air at the surface collides with warmer air aloft, creating a corridor of freezing rain and sleet. The result is ice that coats highways, dist
Power-Only Programs in Trucking - Why They Exist, Why They're Criticized, and What Happens If They Disappear Power-only trucking sometimes is one of the most misunderstood pieces of the freight industry. Scroll social media long enough and you'll see it framed as everything from a liability dodge to a race-to-the-bottom strategy that hurts drivers, safety, and rates. Others defend it as one of the few flexible tools left in a market that constantly shifts capacity, demand, and risk. The truth, as usual,
Phillips Connect launches integration with McLeod Software Phillips Connect has launched a new integration with McLeod Software that brings real-time smart trailer insights directly into the McLeod Transportation Management System (TMS). The integration delivers critical data including tire, lights, and brake health, location, and advanced AI-powered cargo intelligence to help fleets gain a clearer and more complete picture of their operations. The integ
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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