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MAY 26, 2026

JNPA highlights continuing reduction in CFS-bound containers DP World Mundra could drive $9.2 bn GDP impact for India by 2035: Research India and UAE hold critical talks to streamline trade along IMEEC APSEZ acquires Jaypee Fertilizers & Industries Guidance for vessel transit through the Strait of Hormuz Gulf states urge shipping fleets to avoid Iran-controlled transit corridors Mormugao Port fast-tracks SOPs to shield stakeholders from West Asia strife Chennai Port-Maduravoyal elevated corridor on track for November 2027 commissioning India partners with China, Japan at WTO to fight 50 pc UK steel import tariffs Ganga Expressway to slash freight transit times, unlock INR 30,000 cr. in annual logistics savings VOC Port redefining future of maritime operations through Digital Twin APAC region sees 19 pc surge in shipping expenses Arkas Line strengthens reefer fleet with 500 new containers CMA CGM's SAFRAN service update APM Terminals and Kempower ink global framework agreement for the supply of charging infrastructure for port terminals Paradip Multipurpose Clean Cargo Terminal again recognised by Paradip Port Authority AD Ports Group establishes consolidated multimodal inland logistics network to strengthen UAE industrial supply chains Code of Safety for Maritime Autonomous Surface Ships (MASS Code) adopted at IMO MMB's closure of non-major ports during foul weather season

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MAY 25, 2026

News in Brief podcast | Week 21 2026 | Overcapacity, contracting, and elevated air rates Shipowner interest in newbuilds remains firm outside Europe

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MAY 25, 2026

Rotterdam MAGPIE project demonstrates safe ammonia bunkering The Port of Rotterdam has published the findings of a full-scale ammonia bunkering demonstration conducted on April 12, 2025, confirming that ship-to-ship ammonia bunkering can be carried out safely within an active port environment when supported by robust safety procedures, specialised equipment and appropriate regulatory frameworks. The demonstration was conducted under the EU-funded MAGPIE pr Cochin Shipyard invests in maritime startup under USHUS programme Cochin Shipyard Limited has signed an agreement to acquire a 5% stake in Maritech Integrated Maritime Private Limited under its USHUS startup programme. The investment supports India's push for innovation and digitalisation in the maritime sector. CSL said the USHUS programme aligns with the Indian government's vision to promote entrepreneurship, indigenisation and technology-driven maritime star US-Iran draft deal outlines Hormuz reopening and sanctions relief A draft preliminary memorandum of understanding between the United States and Iran outlines plans to reopen the Strait of Hormuz, ease sanctions and extend the current ceasefire, according to a document obtained by Al Arabiya. The draft framework proposes a 60-day renewable ceasefire between the two sides while negotiations continue over Iran's nuclear program and regional security issues. One of CMA CGM appoints Esra Bora to lead Oceania operations CMA CGM has appointed Esra Bora as Managing Director of ANL Container Line and General Manager of CMA CGM Oceania agencies. Based in Melbourne, Bora will oversee the Group's operations and strategy across the Oceania region. She succeeds Shane Walden, who resigned from his positions at ANL and CMA CGM. Bora brings more than 18 years of experience in the maritime industry, including over eight yea Explainer: UAE bypass architecture in Hormuz Three converging dynamics a validated bypass corridor, Iran's deliberate targeting logic, and a forced rebalancing of the UAE's port strategy are collectively redrawing the Gulf's maritime geography in real time Congo container terminal orders 11 Konecranes lift trucks and mobile harbor crane Konecranes has secured an order for 11 lift trucks and one mobile harbor crane for a container terminal in the Republic of the Congo. The order was booked in the first quarter of 2026, with deliveries scheduled for the second half of the year. The package includes five Konecranes Liftace 4532 TCE5 reach stackers, six Liftace E 6/7 ECC9 empty container handlers and one Konecranes Gottwald ESP.7 mo CMA CGM appoints Amelie Humphreys as General Manager in China CMA CGM has appointed Amelie Humphreys as General Manager of CMA CGM China. Based in Shanghai, Humphreys will oversee the continued development of the Group's activities in the Chinese market. She joined CMA CGM in Spain in 2012 and has held several leadership positions within the company. Her previous roles include Vice President Sales in Marseille and Regional Director for Latin America. Most r Port Operator Explainer: Same structural outcome but different means APM Terminals and CMA CGM are both repositioning for the post-disruption era but through fundamentally different visions of what port control means in an age of fractured globalization Global Ship Lease posts strong Q1 as charter coverage hits 100% Global Ship Lease (GSL) reported strong first-quarter 2026 results, supported by high charter coverage, resilient containership demand and continued market disruption linked to geopolitical tensions. The company posted operating revenue of US$198.1 million in the first quarter, compared with US$191 million in the same period last year. Net income available to common shareholders reached US$91.4 m CMA CGM NOTRE DAME begins operations on Asia-Europe route CMA CGM has deployed the CMA CGM NOTRE DAME, the world's largest French-flagged LNG-powered containership, on its first commercial voyage. The vessel made its maiden call at Yangshan Port in Shanghai on 22 May. The CMA CGM NOTRE DAME is the first in a series of ten 24,212 TEU LNG-powered containerships that will operate under the French flag. The vessel measures 400 meters in length and 62 meters Maersk omits Sydney on Olga Maersk OC1 voyage Maersk has announced that the Olga Maersk will omit Sydney on voyages 618S southbound and 623N northbound on the OC1 service. The omission is due to an operational delay en route to Oceania ports and is necessary for schedule recovery. Import cargo arrangements Sydney import cargo on board the Olga Maersk 618S will be discharged at Tauranga. It will then connect to the Olivia Maersk 619S for onwa EDECS and Assarain Group win Oman dry port project at EZAD EDECS Group and Assarain Group have been awarded the development of a dry port and veterinary quarantine project at the Economic Zone at Al Dhahirah (EZAD) in Oman. The project was awarded by Public Authority for Special Economic Zones and Free Zones (OPAZ). The development is located in Ibri province in Oman's Al Dhahirah Governorate. EZAD covers around 388 square kilometers and is strategically Readers Speak: Gulf risks push costs higher Industry sees higher costs becoming the dominant response The latest Readers Speak poll explored how non-Chinese container carriers are expected to respond to escalating security risks in the Gulf region. The results point to a clear industry expectation: most readers believe carriers will increasingly pass rising operational and security costs directly to cargo owners. As instability continues a PSA Mumbai boosts DFC rail connectivity with CONCOR partnership PSA India hosted a customer engagement event in New Delhi to showcase PSA Mumbai's integration with the Western Dedicated Freight Corridor (WDFC). More than 150 trade stakeholders, shippers and logistics partners attended the event. PSA said the session focused on improving cargo movement efficiency and strengthening supply chain connectivity across North India. PSA Mumbai is currently the only t CMA CGM reports resilient Q1 2026 results CMA CGM reported stable first-quarter 2026 revenue despite continued geopolitical tensions and supply chain disruptions. Group revenue reached US$13.2 billion in the first quarter, down slightly by 0.2% year-on-year. EBITDA fell 31.6% to US$2.1 billion, while the EBITDA margin declined to 16%. "In an uncertain geopolitical context, the Group delivered resilient performance in the first quarter of Panstar Line to operate South Korea's first NSR trial voyage Panstar Line has been chosen to operate South Korea's trial sailing of the Arctic Northern Sea Route (NSR), following a competitive selection process in which it was the sole bidder. The China-South Korea-Japan regional ferry and small-scale container carrier will conduct the country's first government-backed NSR voyage later this year. Background South Korea announced its intention to trial the DHL Supply Chain announces leadership changes under Strategy 2X30 DHL Supply Chain announced three leadership appointments aimed at supporting its long-term Strategy 2X30 growth plan. The company appointed Jim Monkmeyer as Global Head of LLP & Supply Chain Orchestration. Monkmeyer previously served as President of Transportation for DHL Supply Chain North America. Jim Monkmeyer, Global Head of LLP & Supply Chain Orchestration "As supply chains become more globa Cosco revives Singapore-Calcutta SKX1 service COSCO SHIPPING Lines (CoscoSL) has officially reinstated its dedicated shuttle SKX1 service connecting Singapore and Kolkata (Calcutta). The service, which was closed late last year, is being relaunched to strengthen regional network coverage, according to a report by shipping data provider Alphaliner. Key Service Details Capacity Expansion : The revived direct service will operate using a single Port of Southampton becomes strategic hub for energy supply chain The Port of Southampton has strengthened its role in the UK's renewable energy supply chain through a growing partnership with Vestas, the global wind energy technology company, supporting the storage and onward export of onshore wind turbine blades produced at the Vestas manufacturing facility on the Isle of Wight. The Isle of Wight facility is the UK's only dedicated onshore wind turbine factor

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MAY 25, 2026

Posidonia etiquette guide published With tens of thousands of people flying into Greece for Posidonia, Athens-based Simon Ward from Ursa Shipbrokers has published an updated list for those attending the world's most famous shipping gathering. Ward's eight-point etiquette advisory covers a wide range of topics and is aimed at everyone, whether young or old, a first-timer or an old ... Container cartel claims see SS Teo step back from public roles Singapore shipping veteran Teo Siong Seng has stepped away from a series of high-profile positions as he prepares to fight allegations from the US Department of Justice tied to an alleged global container cartel. Teo, the 71-year-old executive chairman and chief executive of Singamas Container Holdings, has taken leaves of absence from his roles as ... Besiktas makes swift profit on product tanker play Turkish owner Besiktas appears to be eyeing what brokerage sources describe as an impressive asset play. The outfit is listed as selling the 10-year-old MR tanker Antalya for around $40m. The 50,000 dwt product tanker, built in 2016 at SPP Shipbuilding in South Korea, was picked up by Besiktas in October last year for about ... TS Lines founder hands reins to son in family succession move Taiwanese container carrier TS Lines is set for a generational leadership transition, with founder and chairman Chen Te-sheng stepping down and handing control of the company to his son, Chen Shao-hsiang. The 74-year-old founder will retire on June 1 as part of a long-planned succession process, while remaining involved in a senior advisory capacity. Chen ... Enclosed spaces: routine, familiar, fatal Sunil Kapoor on why enclosed space fatalities continue despite procedures and training. He looks at behavioural patterns, system gaps, and the need for greater visibility across the industry. It was a normal day. Cargo operations had begun. The superintendent was on board. Hatch covers were open, crew moving about, inspections underway. Nothing felt out of ...

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MAY 25, 2026

The Daily View: Fraud gets smart Hormuz reopening uncertain as Tehran refutes Trump's claims The US blockade and the IRGC's control continue as the US Navy reaches a milestone of diverting 100 ships while... Daily Briefing Gulf states call on governments to reject PGSA's Hormuz route as Iran eyes tolls with Oman | Hormuz crisis surprise: how...

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MAY 25, 2026

US ag shippers navigate creaky supply chain not built for modern disruption Ag exporters have always faced logistical challenges because their crops are grown in the interior US and shipped through ports located hundreds of miles away; those challenges seem to be growing, the AgTC conference heard this week.

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MAY 25, 2026

Hormuz crisis reshaping ship management, Anglo-Eastern warns 'Uncertainty' is becoming the biggest threat for Gulf crews Trash stash: Cocaine hidden in rubbish on Greek tanker US officials believe seafarer planned to drop off drugs to cartel members in Mexican waters AET tanker first Singapore-flagged VLCC to pass through Strait of Hormuz in months Transits remain well down on pre-war levels, despite Trump claims that a deal has been largely done Baltimore Bridge trial set to start next week over $5bn disaster Judge rules liability case cannot be delayed after charges were laid against ship's operator Alpha Bulkers turns to Hengli Heavy for capesize newbuildings Greek company's last known cape order was 13 years ago MISC holds steady course in geopolitical storm Company will continue to focus on 'strategic priorities', including fleet modernisation Collision-damaged Japanese-owned bulker moves to Malaysia for cargo discharge Sources say newcastlemax's cargo must be offloaded before repairs can begin Greek digitalisation firm wants ships to use AI to make speed changes Shipowners are leaving voyage optimisation gains on the table through poor decision making Shanghai Time breaks 15-year newbuilding drought with trio of bulkers Meanwhile, affiliate Shanghai Leading Energy has also booked a pair of dry bulk vessels Wealth Holdings expands into large multipurpose segment with four newbuildings Singapore newcomer has made a tactical shift, ordering the 62,000-dwt vessels on a speculative basis Collision damaged Japanese-owned bulker moves to Malaysia for cargo discharge Market sources say the giant newcastlemax's cargo must be offloaded before repairs can commence Shanghai Time ends 15-year ordering hiatus with trio of bulker newbuildings Meanwhile, affiliated Shanghai Leading Energy has also ordered a pair of bulkers Wealth Holdings expands into large multi-purpose segment with four newbuildings In a tactical shift, the 62,000-dwt newbuildings have been ordered on a speculative basis Sanctioned but approved: Sharma's dark fleet container ships get ready for the recycling beach Cash buying mogul begins taking delivery of a sanctioned container ship quartet he received US permission to buy Hormuz closure: How the Middle East's state-owned tanker giants are handling the fallout KOTC hit hardest, while those with a pipeline bypass or more commercially oriented are in a better place Former Cosco Shipping executive jailed Shanghai court sentences ex-senior official to 12.5 years in prison 'The world is not going to be the same': Global turmoil rattles shipping Intertanko summit hears warnings of lasting geopolitical and market disruption

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MAY 25, 2026

Nuclear verdict alert: almost $50M against a mystery Texas trucking company A Texas county jury has handed down a $49 million judgement against a trucking company that may no longer be in business, a figure about halfway between the $10 million minimum size of a verdict considered nuclear and some larger recent cases lost by trucking interests. The jury verdict came last week in Ector County, Texas, home of the oil-rich city of Odessa. A Texas-based carrier, OPG Logistic