C&C Marine delivers final towboat in Canal Barge series: Five spec boats still available Belle Chasse, La.-based C&C Marine and Repair has delivered the M/V Mimsy H. Lindner to Canal Barge Company, completing a four-boat series of 2,600-horsepower inland towboats for the New Orleans operator. The
FERRIES 2026 panel to explore ferries' role in tackling congestion As growing metropolitan areas contend with congested roads and increasing transportation demands, passenger ferries can offer another way to move people through some of the nation's busiest regions. Recent major events have
Inmarsat and SK Telink partner to speed Nexuswave adoption in South Korea Viasat company Inmarsat Maritime and South Korean telecommunications services provider SK telink have signed an agreement aimed to bring Inmarsat's NexusWave services to enhance the operations of vessel types operated by South
Jones Walker adds five new members to its Lafayette team Law firm Jones Walker LLP has added five new members to its Lafayette, La., team : two new partners, Tommy Smart and Steve Lanza, and three new special counsel, David Fink, Mark
Saudi tanker Amzan struck by Houthi missile The Houthis have claimed responsibility for a ballistic missile attack on a ship identified in multiple reports as the Saudi-flagged VLCC Amzan (IMO: 9693745). "This operation comes within the framework of implementing
Duffy announces award of $665M in new FTA ferry grants U.S. Transportation Secretary Sean P. Duffy today announced $665 million of FTA ferry grant program awards designed to modernize ferry infrastructure for the communities who rely on these transit systems to get
Strategic Marine delivers first of three new catamaran ferries for Bintan Resort Ferries In a ceremony held at its Singapore shipyard earlier this month, aluminum vessel specialist Strategic Marine named and delivered Putri Mayang Sari, the first of three next-generation 43-meter passenger catamarans under construction
Samudera advances sustainable operations with solar project Samudera has strengthened its sustainable logistics operations through a new solar panel project at a warehouse operated by its subsidiary, Samudera Logistics Services. The pilot project entered full operation in June 2026. It includes 1,216 solar panels with a combined installed capacity of 753.92 kWp. The initiative supports Samudera's Environmental, Social and Governance targets and wider sust
What Norway's Arctic Brigade signals for the Northern Corridor? A land brigade facing Russia's border doesn't touch a single shipping lane. But it hardens the scaffolding around a corridor Moscow and Beijing still control and that distinction is the whole story
Port of Koper container throughput rises 5% in first half of 2026 The Port of Koper handled 656,150 TEUs in the first half of 2026, representing a 5% increase compared with the same period last year. Luka Koper also reported higher revenue and profit, while total maritime cargo throughput remained stable despite uncertainty across global trade and shipping markets. Total maritime throughput reached 11.5 million tonnes , up 1% year on year and in line with the
Explainer: When the trading partner becomes the target The war over the Strait of Hormuz has spent six months being fought with missiles, tankers, and toll disputes. This week it acquired a fourth battlefield: China's balance sheet
PortSide Stories: Dublin Ireland's Maritime Gateway to the World The Port of Dublin sits at the heart of Ireland's maritime trade. Located where the River Liffey meets Dublin Bay, the port connects the Irish capital with markets across Europe and beyond. Today, Dublin handles containers, Ro-Ro traffic, ferries and other cargo. Its location beside Ireland's largest city makes it a vital link between international shippin
CMA CGM announces new surcharges across several trades CMA CGM has announced a series of surcharge and rate adjustments across several trades , covering reefer, inland and dry cargo. The changes include a new Peak Season Surcharge (PSS) for reefers moving to West Africa, a congestion surcharge for Tema and an emergency inland fee in Europe. The carrier has also updated its PSS from the Indian subcontinent to South America and announced a Rate Restora
MSC leads carriers as APM Terminals climbs global terminal ranking MSC and APM Terminals strengthened their positions across global container shipping rankings in 2025, according to DynaLiners . MSC remained the world's largest container carrier by volumes carried, while APM Terminals climbed to third place in the global terminal operator ranking. MSC carried 30 million TEU during the year, up 11.1% from 27 million TEU in 2024. COSCO Shipping remained second wit
Readers Speak: Shipping mergers put network strength first Shipping mergers should be judged primarily by the network strength they create, according to the latest Readers Speak poll. When asked what matters most when shipping lines merge, readers clearly placed network strength ahead of competition, shareholder value and national interests. The result suggests that the strategic value of a stronger combined network is viewed as the most important consid
Hapag-Lloyd updates Jeddah transit rules for Upper Gulf cargo Hapag-Lloyd has announced new requirements for transit shipments moving via Jeddah, Saudi Arabia, to Upper Gulf destinations . Following an update from the Saudi Ports Authority (Mawani), transit cargo can move through Jeddah to the United Arab Emirates, Kuwait, Qatar, Bahrain and Iraq . However, shipments remain subject to customs, terminal, documentation and clearance requirements. Customers re
Shipping and logistics billionaire Klaus-Michael Kühne dies Klaus-Michael Kühne, the German billionaire who turned his family freight-forwarding business into a global logistics giant and became one of Hapag-Lloyd's most influential backers, has died aged 89. Kuehne+Nagel said Kühne died overnight at his home in Schindellegi, Switzerland. He is survived by his wife, Christine. "With Klaus-Michael's death, we have lost a visionary, a ...
Four Indian yards clear expansion hurdle India has moved four shipyard projects worth a combined INR20.45bn ($214m) through the in-principle approval stage under the country's shipbuilding development scheme. The package covers Cochin Shipyard's planned repair base at Vadinar, Swan Defence and Heavy Industries' Pipavav upgrade, Titagarh Naval Systems' Falta yard and MAT Marine's Kakinada development. Cochin's INR9.2bn project is the lar
KAMCO links with Standard Chartered on Korean ship finance South Korea's state-run asset manager KAMCO has teamed up with Standard Chartered Singapore to widen access to foreign currency financing for smaller Korean shipowners. The partnership is kicking off with a KRW286bn ($207m) ship fund established by KAMCO for an unnamed mid-sized shipping company based in Busan. Standard Chartered will co-finance the transaction and work ...
Japan opens $95m zero-emission ship subsidy pot Japan has opened a five-year, ¥15.1bn ($95m) subsidy programme to accelerate orders for ships powered by hydrogen, ammonia, methanol and batteries. The scheme, launched jointly by the transport and environment ministries, will cover up to half the cost of eligible equipment for hydrogen, ammonia and fully electric ships. Methanol-fuelled and hybrid vessels can receive support ...
Amazon drought triggers container surcharges of up to $1,900 Carriers are preparing costly contingency plans to keep Manaus connected as low water disrupts an expanding list of the world's major freight rivers. Containerlines are preparing for another difficult Amazon dry season, announcing low-water surcharges of as much as $1,900 per box as falling river levels threaten access to Manaus. Mediterranean Shipping Co (MSC) will ...
Hanjin collapse still shapes Korean bankruptcy law a decade on Ten years after Hanjin Shipping's collapse sent shockwaves through global supply chains, the Korean carrier is back in the headlines - this time at the centre of a debate over how the country decides whether troubled companies should be saved or liquidated. The Seoul Rehabilitation Court is considering reducing its reliance on court-appointed examiners whose ...
23-year-old VLCC fetches $57m The reported $57m sale of the 23-year-old VLCC Hellstugutinden provides the latest evidence of just how hot the market for vintage tanker tonnage has become. The 2003-built, 300,000 dwt vessel is understood to have changed hands over the weekend for $57m, an extraordinary valuation for a ship of its age. The deal lands in a ...
Japan moves to resurrect LNG carrier construction Japan has brought shipyards, owners and the country's largest LNG buyer together to work out how to restart domestic construction of LNG carriers, seven years after the country delivered its last home-built vessel in the sector. The Ministry of Land, Infrastructure, Transport and Tourism convened the industry on Friday to start putting numbers around proposed ...
Seafarers are not expendable Condemnation after attacks on merchant shipping is no longer enough. The industry needs enforceable protections for crews operating in conflict zones. Mark O'Neil writes for Splash today. The death of the chief engineer aboard the Liberian-flaggedMinoan Dignity in the Strait of Hormuz should stop every shipping leader in their tracks. It raises a question none of ...
One month to go until shipping leaders gather at Splash Singapore One month from today, some of the biggest names in global shipping will gather at the Fairmont Hotel for the inaugural Splash Singapore conference. Taking place on September 24, the event has been deliberately designed to strip away many of the conventions of traditional maritime conferences. There will be no presentations, no slides and no ...
The more convoluted crude routes become, the higher VLCC rates go Crude oil is taking a long and winding path from the Middle East Gulf to Asia, including ship-to-ship transfers, pipeline...
US sanctions offensive against Iran stops short of targeting key trading partners Washington has expanded its sanctions arsenal against Iran and designated nearly 60 entities, vessels and individuals, but stopped short of...
The Daily View: Iran's threat list turns Hormuz from a battlefield into a compliance regime
Biomethane's role in green shipping hangs in the (mass) balance Bio-LNG could be a significant transition fuel for shipping, but only if the IMO allows for mass balancing in emissions...
Carrier surcharges mount as rivers run dry Container carriers are imposing surcharges and warning of capacity constraints as drought and El Niño drive water levels lower on...
Marine insurers still providing charterers' war risk cover for Saudi-linked tonnage Saudi-linked vessels can still secure charterers' liability cover despite new International Group exclusions, but at a higher cost, while Riyadh...
Russia's Black Sea grain exports plunge as attacks disrupt shipping Russia's grain exports through the Black Sea have slumped to their lowest level in 15 years as attacks on shipping...
Greek owners back Panama and Liberia proposal on decarbonisation Ahead of crucial IMO meeting next week, Union of Greek Shipowners says NZF 'clearly not the solution'
The Week in Charts: Europe's shadow fleet crackdown collides with legal reality and Russian retaliation threats | Yanbu tanker calls fall Lloyd's List's weekly showing of the data and figures behind our news, analysis and markets coverage
Bahri-owned tanker hit in Red Sea The Houthis have targeted Saudi shipping since they declared a blockade on the country last month, with several Bahri-controlled tankers...
Iran blacklists Western-linked ships as US launches 'Economic D-Day' sanctions offensive Iran threatened to block oil exports through Hormuz if the US sanctions campaign intensifies, warning that supporting countries would be...
Twenty-two seafarers missing after bulk carrier sinks off India Two survivors have been rescued from liferafts after contact was lost with the Panama-flagged bulker, which was carrying iron ore...
Daily Briefing Shipping is firing on all cylinders as rate strength spreads | Europe's shadow fleet crackdown collides with legal reality and...
Descartes consolidates freight broker TMS market with $100 million deal Acquisition-hungry Descartes made its fourth buy this year, taking over freight brokerage technology vendor Tai.
Logistics pioneer Klaus-Michael Kühne dies at 89 One of Germany's richest men, Kühne was seen as a visionary in the world of logistics, serving as CEO of Kuehne + Nagel for 17 years before becoming majority owner and then honorary chairman.
Heavy-lift project drivers threatened by investment risks, equipment shortages Strong project demand from renewables and tech could be curtailed by underinvestment in critical handling and lifting equipment, market executives say.
Frontline VLCCs dominate lucrative Brazil spot trade as Baltic-assessed rates find new high Four Frontline tankers have been fixed to pick up Brazilian crude exports in less than a week
Swedish Club builds financial pot with underwriting profits Investment income slows after six months of turbulence in financial markets
Asean Seas Line linked to largest container ship order in its history Hong Kong-based boxship owner said to have ordered up to four 5,300-teu vessels from China
BW LNG steamship emerges as owned by Indonesia's BULL Vessel looks set to join sister ship in Buana Lintas Lautan fleet
Tankers waiting a month to load due to decrepit Venezuelan terminals Limitations are putting a cap on South American exporters' shipments under US deal
Greek suezmax tanker clinches near-record, one-year charter amid fresh Iran escalation Pantheon Tankers newbuilding will reportedly earn $80,000 per day for a full 12 months
PascoGas linked to order for large LPG carriers at HD Hyundai Owner is said to have booked four newbuildings
Fire hits Bahri tanker after attack off key Red Sea oil hub Houthis suspected of being behind VLCC strike off Yanbu
Valles Steamship said to have sold oldest aframax tanker for eye-catching price Hong Kong group has reportedly banked $14m more than it would have a year ago
Logistics billionaire and major Hapag-Lloyd shareholder Kuhne dies aged 89 Kuehne+Nagel says former boss 'inspired generations'
UK revives plans for an FSRU to ease gas storage fears Interim results of the government consultation reveal floating regas option is on the table
BW LNG steamship emerges as owned by Berlian Laju company Vessel looks set to join sister ship in Buana Lintas Lautan fleet
Shadow fleet tanker hit by deadly US attack re-emerges in China Family of dead seafarer wants licence suspended for crew manager linked to insurance scam
False-flag ecosystem adapting to Russian and Iranian sanctions squeeze, says Windward Emergence of new fraudulent registries is a direct result of Western measures
Greek owner Dimitris Procopiou breaks into container ships with Hengli order Rapidly expanding Chinese yard notches up its third Greek boxship client
Stena agrees 'significant' pay rises in bid to retain seafarers Deal follows years of talks with union
'Aggressive' Panama Canal transit cuts to boost long-haul trade Clarksons says reduction in daily crossings will add to waiting times
Stena agrees 'significant' pay rises in bid to retain seafarers Deal follows years of talks with union Nautilus International
BW LNG steamship emerges under new ownership in Berlian Laju company Vessel looks set to join sistership in Buana Lintas Lautan fleet
Veteran VLCC sells for a 'sensational' price as value doubles in one year Hellstugutinden is moored off Iraq under deal with oil marketer
Death toll rises to 10 in LNG carrier gas leak at Bangladesh ship breaker Compensation payments made to families
Gulf VLCC rates hit record $800,000 per day amid robust spot activity, Clarksons says Rates jump for those prepared to take on cargoes inside the Strait of Hormuz
Fire hits Saudi Arabian tanker after attack off key Red Sea oil hub Houthi rebel group suspected of being behind the attack off the key oil terminal of Yanbu
'One per cent chance': Jailed seafarer beats odds in fight to overturn cocaine trafficking conviction Senior officers knew nothing about hidden drugs on board the ship, says human rights group
Kamco and Standard Chartered unite to fund smaller shipowners Financing has already been provided to Busan company
Pasco Gas linked to order for large LPG carriers at HD Hyundai The company is said to have splashed out on four newbuildings
Iran blacklists Western ships as US launches 'Economic D-Day' Shipping is between a rock and a hard place as Tehran and Washington raise sanction stakes against each other
Eight VLGCs make Strait of Hormuz crossing as traffic remains suppressed Large gas carriers risked the perilous passage over the weekend
Bourbon-linked PSV heads for the auction block after fierce bidding battle for sister vessel Upcoming sale follows five-way competition that drove a fleetmate's sale price to $16.7m
Courage Investment rides Middle East disruption into bumper first half As dry bulk earnings surged, Hong Kong-listed owner was able to reach for the black ink
China Development Bank puts damaged LNG carrier up for auction Chinese lessor CDB FL seeking to sell damaged GasLog Salem as its lease nears expiry
Bulker sinks in the Bay of Bengal leaving 22 crew missing Indian Coast Guard says only two seafarers have been rescued
Death toll rises to 10 in LNG carrier gas leak at Bangladesh shipbreaker Compensation payments made to families
Gail (India) eyes entry into LNG bunkering sector with west coast facility Importer and charterer hooks up with port authority and class society DNV on move
Legendary logistics executive Klaus-Michael Kühne dead at 89 Klaus-Michael Kühne, the former CEO of family-owned global logistics powerhouse Kuehne+Nagel International AG, died Sunday at the age of 89, the company announced. Born in Hamburg, Germany, Klaus-Michael Kühne in 1958 joined the company co-founded by his grandfather 68 years earlier in Breman, Germany. In 1966, at age 29, he took over as chief executive officer of K+N Speditions-AG, as the compan
Trucking Downturn: Why 85% of New Carriers Didn't Survive The freight market has seen a brutal downturn, with an astounding 85% failure rate for new carriers in the past three years. Kirk Mann, EVP & GM of Transportation and Vendor Solutions at Mitsubishi HC Capital America, dives into why this cycle was the longest, the impact of over-financed assets, and what it means for the future of freight demand and equipment financing. Learn how lenders navigate
Private Fleets: The Hidden $100B Capacity Solution for Brokers Private fleets face mounting costs while carrying over $100 billion in empty backhaul capacity. Russell Jones, CEO of Private Fleet Net Zero, explains how his platform unlocks this unused capacity, offering freight brokers a 25% discount and higher service levels. Discover how digital freight matching for private fleets can transform your logistics, improve reliability, and boost your bottom line
Amazon Drone Delivery Expansion: What Changes Now Amazon drone delivery is expanding again - but the real story is why it took 13 years to get here. FreightWaves Parcel & Air Cargo Editor Eric Kulisch breaks down Amazon Prime Air, the FAA's pending beyond-visual-line-of-sight rules, which states are first in line, and what has to happen before drone delivery scales beyond a few test markets. If the FAA finalizes the next rules, this could be the
Diesel Prices Surge, Spot Rates Plunge: Why Trucking Costs Are Disconnected Diesel prices are soaring, but spot rates continue to fall, creating a significant disconnect in the trucking market. This SONAR Market Update dives deep into the factors driving this divergence, from global conflicts impacting refinery output to shifts in intermodal rail and changing length of haul for truckload freight. Understand what this means for carriers and shippers navigating a volatile
AI in Warehousing: How AutoScheduler Drives Supply Chain Efficiency Keith Moore, CEO of AutoScheduler AI, dives into how AI-powered warehouse orchestration is revolutionizing supply chain operations. Learn how AutoScheduler helps businesses untangle complex warehousing challenges, optimize decision-making, and significantly boost efficiency, throughput, and service while reducing overall costs. Discover the critical role of an "operational twin" in mapping flows,
New plan for NYC's BQE involves temporary roads: Mamdani Complete with a video showing him booting a metal container and declaring that New York City was not going to "kick the can down the road" any longer on repairing the key freight thoroughfare of the Brooklyn Queens Expressway's (BQE) cantilevered section, Mayor Zohran Mamdani unveiled a plan to rebuild the highway. Earlier plans to "rehabilitate"-the city's term-the roughly 1.5 miles of the BQE t
Uber Freight: US-Mexico capacity crunch could 'get worse before it gets better' Why it matters: Rising U.S.-Mexico freight demand is colliding with a shrinking pool of B-1 drivers that could push trucking rates higher, lengthen border crossing delays and force shippers to rethink how they move freight through gateways such as Laredo, Texas. A shortage of B-1 visa drivers is tightening U.S.-Mexico trucking capacity and contributing to freight backlogs in Nuevo Laredo, Mexico,
Panama Canal new capacity cuts put US ports on notice One of ocean shipping's critical chokepoints just got a little tighter. The Panama Canal Authority in an advisory to shipping reduced daily vessel transits beginning in September and postponed previously announced draft increases for Neopanamax vessels. The measures reflect a deteriorating outlook linked to below-average rainfall and the prospect of a severe 2026-2027 El Niño weather event. The e
Express carrier partner ASL Aviation buys 747 freighters from lessor ASL Aviation Holdings, a Dublin-based provider of dedicated transportation service, on Monday announced the purchase of two Boeing 747-400 freighter aircraft that have been under the operation of subsidiary ASL Airlines Belgium as leased aircraft to ensure ongoing capacity for shippers. The news follows the recent decision to expand operations in Australia and New Zealand by transferring some sta
Rail consultant returns to lead South Carolina short line Palmetto Railways announced the appointment of Tarek Ravenel as president and chief executive officer. The move by the state-owned transportation company is effective Sept. 8, 2026. Ravenel, who earlier spent a decade at the railway, brings a "proven track record in transportation and infrastructure leadership and will steer the organization into its next phase of growth, investment and economic
Trans-Pacific shippers 'leaving money on the table,' says analyst Shippers should consider U.S. West Coast import gateways for significant cost savings, even with added inland logistics. "If a shipper has the flexibility of importing goods into U.S. West Coast instead of East Coast, then they must seriously consider it because there is dramatic savings potential, even if it means a heavier reliance on truck and rail to reach the final destination," said Xeneta
Descartes acquires Tai for $100M Descartes Systems Group announced Monday that it has acquired Tai, a TMS provider for freight brokers, for $100 million. The deal was funded with cash on hand. California-based Tai's AI-powered platform oversees the entire shipment lifecycle, including quoting, sourcing, execution and invoicing. The TMS primarily executes truckload, less-than-truckload, drayage and cross-border shipments. "The ac
US-Canada supply chains face uncertainty as trade talks collapse U.S.-Canada trade negotiations collapsed just hours before a deadline to avert steep new tariffs, sending the two countries into an escalating trade dispute that could ripple through trucking, automotive manufacturing and cross-border supply chains. The United States imposed 50% tariffs on billions of dollars of Canadian goods beginning at 12:01 a.m. ET Saturday after negotiators failed to reach
From doorstep to supply depot, this EV truck maker aims to tackle both Across the U.S., a final-mile network operates in a similar yet predictable manner: a small truck, a short route, one person in the cab. The U.S. Army runs that same network, except it has more challenges for the person in the cab and the route. Harbinger , the Garden Grove, Calif., builder of electric and hybrid medium-duty chassis, is supplying prototype trucks to tackle what the Army refers to
CBP finds $9.5M in meth hidden inside detergent shipment at Texas border U.S. Customs and Border Protection officers found more than $9.5 million in suspected methamphetamine inside a commercial detergent shipment entering Texas. The discovery happened Aug. 11 at the Roma International Bridge, according to a CBP announcement . A 2012 tractor-trailer arrived from Mexico carrying the declared load. Officers directed the vehicle to secondary inspection for additional scr
Borderlands Mexico: Criminal groups keep pressure on Mexican freight networks Borderlands Mexico is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week in ; Nuevo León posts $17B in IMMEX exports through May and Mitsubishi Logistics invests $40M in US warehouse expansion. Criminal groups keep pressure on Mexican freight networks Mexican authorities say cargo theft targeting trucking companies is declining nationw
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