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Iran Strengthens Strait of Hormuz Defenses as Nuclear Talks Move Ahead
Iran Strengthens Strait of Hormuz Defenses as Nuclear Talks Move Ahead Reports from the continuing Omani-mediated talks between the United States and Iran suggest that after four rounds, negotiations are reaching a critical point, with progress now being dependent on either side giving way on redline positions. The United States is said to be…
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AERION: A strategic think tank for air cargo
AERION: A strategic think tank for air cargo May 18, 2025 Go to aircargoweek
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Inefficiencies proliferate across ageing global tanker fleet
Inefficiencies proliferate across ageing global tanker fleet The vintage state of the global tanker fleet is leading to severe inefficiencies, with new data showing how many rust buckets have to spend more time not moving or in ballast. Data from broker Gibson shows 51% of the total tanker fleet of 25,000 dwt and above is…
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Newbuild prices edge down
Newbuild prices edge down Latest data from Clarksons Research shows that after three bumper years of orders, the appetite for newbuilds among owners is weak, down 57% year-on-year, which has also seen newbuild prices finally edge down. Clarksons is reporting newbuild prices are down 1.2% from the start of 2025, though they are still historically…
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CMB.TECH linked to tanker newbuilds in China
CMB.TECH linked to tanker newbuilds in China Antwerp-based owner and operator CMB.TECH has been tied to a newbuilding deal in China for up to five tankers. The Saverys family-led group has reportedly returned to Qingdao Beihai Shipyard for one VLCC and two firm plus two optional suezmaxes. Brokers estimate the VLCC newbuild at around $135m,…
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COSCO inks VLGC orders
COSCO inks VLGC orders Chinese state-owned shipping giant COSCO has made a fresh newbuilding move in the gas carrier segment. Clarksons reports a subsidiary, COSCO Shipping Investment Dalian, has contracted two 88,000 cu m newbuilds at COSCO Heavy Industry Qidong Offshore, with delivery expected in September and December of 2027. No price has been revealed,…
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Taizhou Hailian emerges behind Norden-bound MPP newbuilds
Taizhou Hailian emerges behind Norden-bound MPP newbuilds China’s Taizhou Hailian Shipping has emerged behind multipurpose newbuildings that are backed by charters with Norden’s project cargo division. Splash reported last week that the Danish shipping giant would be adding two more 17,500 dwt MPPs as part of the four-ship newbuild move initiated earlier this year. The…
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News / Spot rates on transpacific surge after news of tariff time-out
News / Spot rates on transpacific surge after news of tariff time-out Container freight spot rates shot up on the transpacific trades this week, with an immediate … Go to loadstar
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Maersk Sana now on week-long tow to Bahamas
Maersk Sana now on week-long tow to Bahamas The 8,450 teu container ship, Maersk Sana which was stranded in the Atlantic for three weeks is finally on the move. Paul Bartlett Go to seatrade maritime
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CMA CGM launches global recruitment website
CMA CGM launches global recruitment website Site to provide simplified application process for seafaring positions across CMA CGM group ships. Michele Labrut Go to seatrade maritime
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Pro Wakeboarder Speaks Out for Boating Safety
Pro Wakeboarder Speaks Out for Boating Safety The Sea Tow Foundation, a nonprofit dedicated to promoting boating safety, has launched the last video in its “Sober Skipper: Why It Matters” series, featuring professional wakeboarder, Thomas Herman. Released in conjunction with National Safe Boating Week, the new video highlights the critical role of a Sober Skipper…
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Two Dead as Mexican Navy Ship Collides With Bridge in New York
Two Dead as Mexican Navy Ship Collides With Bridge in New York The Mexican navy’s tall ship the Cuauhtémoc crashed into the Brooklyn Bridge on Saturday night. Go to ship&bunker
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UK Dredging Welcomes Cutting-Edge UKD Seadragon to Its Fleet
UK Dredging Welcomes Cutting-Edge UKD Seadragon to Its Fleet Dredging Go to workboat365
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MED MARINE’s B.T. Mazdoor Wins “Best Buoy Tender Award 2024”
MED MARINE’s B.T. Mazdoor Wins “Best Buoy Tender Award 2024” Buoy Tender Vessel Go to workboat365
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Women in Maritime Today: Anemoi Marine’s Clare Urmston is on a mission to clean up shipping
Women in Maritime Today: Anemoi Marine’s Clare Urmston is on a mission to clean up shipping Anemoi Marine Technologies’ chief executive believes in pushing the boundaries and wants to save 100 tonnes of CO2 emissions per day from shipping by installing 500 rotor sails by 2030 John Go to rivieramm
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Women in Maritime Today: AIT Worldwide Logistics’ Chelsea Lamar describes her passion for sustainability
Women in Maritime Today: AIT Worldwide Logistics’ Chelsea Lamar describes her passion for sustainability AIT Worldwide Logistics vice president of global sustainability Chelsea Lamar explains how her passion for sustainability has driven her career in shipping Rebecca Go to rivieramm
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Women in Maritime Today: Marita Krems is a woman in MAN’s world
Women in Maritime Today: Marita Krems is a woman in MAN’s world MAN Energy Solutions’ senior vice-president for its global four-stroke division says her main goal is to help usher shipping into a cleaner future Selwyn Go to rivieramm
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STAX celebrates International Day for Women in Maritime 2025 with all-women crew
STAX celebrates International Day for Women in Maritime 2025 with all-women crew STAX, a maritime emissions capture start-up, is making waves with an all-women-operated STAX barge on 18 May, the International Day for Women in Maritime 2025 Craig Go to rivieramm
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Dutch postpone wind farm tenders due to low interest without subsidies
Dutch postpone wind farm tenders due to low interest without subsidies Reuters Go to baird maritime
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Container ship owners swamped as US-China trade detente revives demand
Container ship owners swamped as US-China trade detente revives demand Reuters Go to baird maritime
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Construction begins on hybrid electric SOV for UK’s North Star
Construction begins on hybrid electric SOV for UK’s North Star Jens Karsten Go to baird maritime
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PDVSA exporting crude grade previously shipped by Chevron, data shows
PDVSA exporting crude grade previously shipped by Chevron, data shows Reuters Go to baird maritime
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EU readying new sanctions to increase pressure on Russia
EU readying new sanctions to increase pressure on Russia Reuters Go to baird maritime
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Mexican Navy Tall Ship Dismasted After Striking Brooklyn Bridge
Mexican Navy Tall Ship Dismasted After Striking Brooklyn Bridge (Feed generated with FetchRSS) Accidents Go to gcaptain
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Frigate Touted By Trump Is Among Navy’s ‘Least Performing’ Programs
Frigate Touted By Trump Is Among Navy’s ‘Least Performing’ Programs (Feed generated with FetchRSS) Navy Go to gcaptain
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Guyana Passes Bill Making Companies Liable For Oil Spill Damages
Guyana Passes Bill Making Companies Liable For Oil Spill Damages (Feed generated with FetchRSS) Oil Spill Go to gcaptain
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Ferroport Enhances Surveillance and Supports Wildlife Conservation
Ferroport Enhances Surveillance and Supports Wildlife Conservation [By: Axis Communications] Ferroport, which operates the iron ore terminal at the Port of Açu in São João da Barra, Rio de Janeiro, Brazil, has deployed state-of-the-art video surveillance cameras from Axis Communications to enhance nighttime security and visibility, while decreasing environmental impact and prioritizing sustainability. With cutting-edge technology, the port…
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V. and International Seaways Partner to Launch Female Cadet Programme
V. and International Seaways Partner to Launch Female Cadet Programme [By: V.Group] V.Group (V.), the global ship manager and marine services provider, and International Seaways (NYSE: INSW), one of the world’s largest tanker companies, have today announced the launch of a newly designed female cadet programme. Together with INSW, V. is implementing various strategic initiatives to…
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ClassNK Academy Starts Offering the 2025 Edition of E-Learning Courses
ClassNK Academy Starts Offering the 2025 Edition of E-Learning Courses [By: ClassNK] ClassNK has started offering the 2025 edition of ClassNK Academy’s e-learning content. These courses help new employees understand the maritime industry, deepen engineers’ knowledge of ship stability, performance design, and structural strength, and enhance cybersecurity awareness for crew members and IT staff. Each…
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USCG Rescues Two Mariners Missing for More Than 100 Hours
USCG Rescues Two Mariners Missing for More Than 100 Hours The U.S. Coast Guard is reporting a successful conclusion to an intensive search and rescue mission that had been underway for four days after a small boat was reported overdue. The 47-foot vessel named Lucky Harvest was finally located more than 100 miles west/southwest…
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Why diversity makes business sense
Why diversity makes business sense On International Women in Maritime Day, Sakura Kuma, senior advisor at Mitsui OSK Lines (MOL), outlines how the maritime industry could more effectively make use of its innate diversity. Shipping is a truly international business and I was drawn to a career in the industry as the result of the…
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DCSA & Partners Complete First Interoperable Digital Bill Of Lading Transaction
DCSA & Partners Complete First Interoperable Digital Bill Of Lading Transaction Image for representation purposes only Digital Container Shipping Association (DCSA) announces a first successful standards-based, interoperable electronic Bill of Lading (eBL) transaction. This milestone achievement was made possible through collaboration with leading eBL solution providers and marks a significant advancement toward secure, scalable, and…
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Watch: In A Historic First, Royal Navy Warship Destroys Supersonic Missile
Watch: In A Historic First, Royal Navy Warship Destroys Supersonic Missile Image Credits: Royal Navy/X The Royal Navy has successfully destroyed a supersonic missile for the first time during a live-fire test conducted off the coast of Scotland. On May 15, 2025, Type 45 destroyer HMS Dragon launched a modified Sea Viper missile that intercepted…
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Greenpeace Activists Face Legal Action After Boarding Tanker In South Korea
Greenpeace Activists Face Legal Action After Boarding Tanker In South Korea Image Credits: Greenpeace International/X Five members of Greenpeace, including the captain of their ship Rainbow Warrior, appeared in a South Korean court on May 16, 2025, facing charges linked to a protest that happened in November 2024. The activists boarded a Japanese-owned LPG tanker…
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Salvage Tug Arrives To Tow Maersk Ship Adrift For Weeks After Explosion
Salvage Tug Arrives To Tow Maersk Ship Adrift For Weeks After Explosion Image for representation purposes only A salvage tug from Norway has reached the containership Maersk Sana, nearly three weeks after the vessel was left drifting in the Atlantic Ocean due to an engine room explosion that injured three crew members. The explosion occurred…
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CMA CGM Reshuffles Global Fleet To Escape US Port Fees On Chinese-Built Ships
CMA CGM Reshuffles Global Fleet To Escape US Port Fees On Chinese-Built Ships Image for representation purposes only One of the world’s leading shipping companies, CMA CGM, has announced plans to reorganise its global fleet to avoid paying new US port fees targeting Chinese-built ships. These charges are set to begin in October and are…
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Top Water Toys for Summer
Top Water Toys for Summer Fliteboard’s Series 5 is a versatile, all-around platform. Courtesy Fliteboard Schoolchildren and boating enthusiasts have one thing in common. And that is, both groups know that summer is the best time of year. The sun’s out, the days are long, and the water beckons. Scratch that—schoolkids and boaters actually have…
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Another Week Of Oil Gains As Trump Claims Deal With Iran Is Within Reach
Another Week Of Oil Gains As Trump Claims Deal With Iran Is Within Reach However, analysts warn again of a supply glut and potentially lower demand. Go to ship&bunker
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ZeroNorth and Veracity Roll Out Emissions Reporting Service with Teekay as First User
ZeroNorth and Veracity Roll Out Emissions Reporting Service with Teekay as First User ZeroNorth and Veracity by DNV team up to streamline maritime emissions compliance. Go to ship&bunker
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Vitol Launches Bunker Supply by Barge in West Africa
Vitol Launches Bunker Supply by Barge in West Africa Vitol Bunkers has launched a barge-based physical supply operation in West Africa. Go to ship&bunker
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ANALYSIS: Singapore April Bunker Sales Gain 3.9% on Year Despite Tariff Turmoil
ANALYSIS: Singapore April Bunker Sales Gain 3.9% on Year Despite Tariff Turmoil If the year-to-date total were replicated over the rest of 2025, this year’s total for Singapore would reach 52.1 million mt, down by 4.4% from 2024’s record high. Go to ship&bunker
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FueLNG Bunkers BYD Ship in Singapore in 400th LNG Operation
FueLNG Bunkers BYD Ship in Singapore in 400th LNG Operation This operation marked the 400th LNG bunkering operation for FueLNG. Go to ship&bunker
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Lithuanian Navy Welcomes New Damen Ice-Class Tug
Lithuanian Navy Welcomes New Damen Ice-Class Tug Ship & Boat Building Go to workboat365
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As shipping honours women, data shows women less inclined to work in maritime
As shipping honours women, data shows women less inclined to work in maritime With a crewing crisis brewing in the maritime sector, a survey by IMO and WISTA ahead of International Women in Maritime Day revealed flagging numbers of women at work across a wide swathe of the maritime world Jamey Go to rivieramm
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Capesize market ends week on strong note, yet outlook remains fragile
Capesize market ends week on strong note, yet outlook remains fragile Analysts have noted a rise in bauxite exports from Guinea and a pickup in coal activity out of East Australia Georgios Go to rivieramm
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Keels laid for two new dry cargo ships for Russia’s State Transport Leasing Company
Keels laid for two new dry cargo ships for Russia’s State Transport Leasing Company Gareth Havelock Go to baird maritime
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Russian robotics firm introduces new ROV series
Russian robotics firm introduces new ROV series Will Xavier Go to baird maritime
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AWARDS 2024 | Best Large Research Vessel – Tamhae 3 – Ulstein
AWARDS 2024 | Best Large Research Vessel – Tamhae 3 – Ulstein Baird Maritime Go to baird maritime
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VESSEL REVIEW | Lokys – Lithuanian Navy places new harbour support and emergency response tug into service
VESSEL REVIEW | Lokys – Lithuanian Navy places new harbour support and emergency response tug into service Baird Maritime Go to baird maritime
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OPINION | Australia and the US should build a joint submarine facility
OPINION | Australia and the US should build a joint submarine facility Michael Pezzullo Go to baird maritime
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Container Ship Owners Swamped as US-China Trade Detente Revives Demand
Container Ship Owners Swamped as US-China Trade Detente Revives Demand (Feed generated with FetchRSS) Shipping Go to gcaptain
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Pennsylvania Extends Port Incentive Program, Doubling Down on Asian Trade Routes
Pennsylvania Extends Port Incentive Program, Doubling Down on Asian Trade Routes (Feed generated with FetchRSS) Ports Go to gcaptain
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Spot Rates Jump as Shippers Rush to Beat Tariff Clock
Spot Rates Jump as Shippers Rush to Beat Tariff Clock (Feed generated with FetchRSS) Shipping Go to gcaptain
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US LNG Exporters Push Forward New Projects Despite Trade War Uncertainty
US LNG Exporters Push Forward New Projects Despite Trade War Uncertainty (Feed generated with FetchRSS) Energy Go to gcaptain
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Report: USCG Ordered to Reduce Flag Rank by Quarter as Part of Force Design
Report: USCG Ordered to Reduce Flag Rank by Quarter as Part of Force Design The U.S. Coast Guard is preparing to reduce its ranks among flag officers as the latest step in the Force Design initiative announced last month. According to a memo seen by USNI News, Acting Commandant Kevin Lundy reported the decision from…
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Cruise Ship Gets in Hot Water, Fined for Scenic Sail By That Got Too Close
Cruise Ship Gets in Hot Water, Fined for Scenic Sail By That Got Too Close The passengers were marveling recently at the wonderful views from the deck of the luxury cruise ship Silver Ray as the captain maneuvered the ship to view the coastal treasures of Italy. While everyone thought it was a spectacular scene…
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Greenpeace Captain and Activists on Trial in Korea for Boarding Tanker
Greenpeace Captain and Activists on Trial in Korea for Boarding Tanker The captain of Greenpeace’s vessel Rainbow Warrior and four activists made their first appearance in a South Korean court on Friday, May 16, on charges related to a 2024 incident where they boarded a Japanese-owned LPG tanker that was anchored off South Korea.…
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Korean Shipbuilders Meet with USTR Greer and Discuss Ships and Port Cranes
Korean Shipbuilders Meet with USTR Greer and Discuss Ships and Port Cranes South Korea’s shipbuilding industry continues to seek opportunities to build business through cooperation while taking advantage of the U.S.’s efforts to restore capabilities and address Chinese domination in shipbuilding. On Friday, May 16, two of the country’s largest shipbuilders had the opportunity…
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Israel Bombs Two Houthi-Controlled Ports and Warns of More Actions
Israel Bombs Two Houthi-Controlled Ports and Warns of More Actions The Israel Defense Force late on Friday, May 16, launched two powerful attacks on the Houthi-controlled ports of Hodeidah and Al-Salif saying that they believed the ports would be out of commission for months. The Israelis also warned of more attacks if the Houthis persist…
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Royal Navy Reports HMS Dragon Downed First Supersonic Sea-Skimming Target
Royal Navy Reports HMS Dragon Downed First Supersonic Sea-Skimming Target The Royal Navy is reporting for the first time that one of its advanced Air Defence Destroyers, HMS Dragon, has downed a supersonic sea-skimming target. It was a test of a specially-modified Sea Viper missile system carried out during a month-long NATO exercise currently off…
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Indian Coast Guard Rescues Crew Found Drifting in a Dinghy
Indian Coast Guard Rescues Crew Found Drifting in a Dinghy Six seafarers are thanking the Indian Navy and the lucky chance that they were spotted by a passing vessel while they were adrift in a small dinghy. They were safely rescued and brought to an Indian port, reported to be in good health. The…
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India Revokes Celebi’s Aviation Security Clearance
India Revokes Celebi’s Aviation Security Clearance May 16, 2025 Go to aircargoweek
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Demand drops further in the wake of ‘de minimis’ exemption end
Demand drops further in the wake of ‘de minimis’ exemption end May 16, 2025 Go to aircargoweek
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Adapting to Africa’s cargo boom
Adapting to Africa’s cargo boom May 16, 2025 Go to aircargoweek
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Two circus lions are heading to a new life in Africa
Two circus lions are heading to a new life in Africa May 16, 2025 Go to aircargoweek
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Less than one in five working in maritime today are women
Less than one in five working in maritime today are women Ahead of Sunday’s International Women in Maritime Day, a new, giant survey jointly conducted by the International Maritime Organization (IMO) and the Women’s International Shipping & Trading Association (WISTA) shows how shipping remains a male-dominated industry, with women making up just 19% of the…
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Shanghai spot box rates to US west coast leap 31% in just one week
Shanghai spot box rates to US west coast leap 31% in just one week Friday’s weekly publishing of spot rates from the Shanghai Shipping Exchange has given a stark picture of the frenzy building on the transpacific. Rates from China to the US west coast leapt 31% week-on-week, while rates to the east coast jumped…
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China smashes car carrier size records twice in less than a month
China smashes car carrier size records twice in less than a month China has broken the record for the world’s largest car carrier for the second time in under a month with the sailaway of the Anji Ansheng, a 9,500 ceu ship owned by SAIC Anji Logistics, a subsidiary of China’s giant car manufacturer SAIC.…
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How to profit from FuelEU Maritime
How to profit from FuelEU Maritime As the FuelEU Maritime regulation enters into force, the shipping industry may be looking at a surprising upside. Instead of acting solely as a cost driver, the regulation could create a net financial gain, potentially around €250m ($280m), according to a recent analysis by maritime data and compliance firm…
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HD Hyundai pitches port cranes to US Trade Representative
HD Hyundai pitches port cranes to US Trade Representative Jamieson Greer, the US Trade Representative, has been in South Korea this week where shipbuilding talks have taken place as well as pitches made to become an alternate supply of port cranes. As well as meeting with government officials, Greer sat down with HD Hyundai vice…
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Last of 10 sentenced in Polar fraud case
Last of 10 sentenced in Polar fraud case The last of 10 defendants charged in an alleged scheme to defraud Polar Air Cargo has been handed a two-year prison sentence Go to aircargonews
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Transpacific air cargo capacity continues to recover but still lags last year
Transpacific air cargo capacity continues to recover but still lags last year Widebody freighter capacity operating on the transpacific trade lane has continued to recover over the past week but still lags behind the levels reported a year ago Go to aircargonews
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Management changes at Lufhansa Cargo
Management changes at Lufhansa Cargo Lufthansa Cargo has appointed Frank Bauer as its new chief operating officer, while Gregor Schleussner will replace him as in his current role of chief financial officer Go to aircargonews
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Singapore cargo revenue climbs but yields down
Singapore cargo revenue climbs but yields down Singapore Airlines (SIA) Group’s cargo revenue increased in the 2024/25 financial year, but increased competion saw yields drop Go to aircargonews
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Last of 10 sentenced in Polar fraud case
Last of 10 sentenced in Polar fraud case The last of 10 defendants charged in an alleged scheme to defraud Polar Air Cargo has been handed a two-year prison sentence Go to aircargonews
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News / Threat to airport operations as India revokes security clearance for handler Çelebi
News / Threat to airport operations as India revokes security clearance for handler Çelebi Airport operations in India could face new challenges, after Çelebi Aviation, a part Turkish-owned ground … Go to loadstar
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Premium / Tackling the tariff trap
Premium / Tackling the tariff trap Comment: Are there more answers than questions? Go to loadstar
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News / South America will benefit as air cargo traffic diverts from the transpacific
News / South America will benefit as air cargo traffic diverts from the transpacific South America is set to be a main attraction amid capacity cuts on the transpacific, … Go to loadstar
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Premium / Under the radar: What to make of profit swings at regional carriers
Premium / Under the radar: What to make of profit swings at regional carriers Comment: SITC is still the one to watch Go to loadstar
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News / Foreign investment streams into Syria’s port and logistics sector as sanctions are lifted
News / Foreign investment streams into Syria’s port and logistics sector as sanctions are lifted Syria is continuing to win reinvestment in its logistics sector, with DP World set to … Go to loadstar
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Buoyant lines bask in Indian summer
Buoyant lines bask in Indian summer Transpacific container spot rates have leapt as US importers look to fill the shelves before the 90-day trade war ceasefire ends. Nick Savvides Go to seatrade maritime
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CSSC Engine and MAN Energy Solutions extend co-operation
CSSC Engine and MAN Energy Solutions extend co-operation Companies extend 45-year partnership with ongoing focus on zero-carbon engine joint development. Katherine Si Go to seatrade maritime
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Panama must avoid maritime oligopolies warns new shipping association
Panama must avoid maritime oligopolies warns new shipping association Nation must support terminal access and competition as container lines consolidate port holdings, says MAPA president. Michele Labrut Go to seatrade maritime
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Two yards bid to build WSF hybrid-electric ferries
Two yards bid to build WSF hybrid-electric ferries Back in October last year Washington State Ferries (WSF) said that three shipyards — Eastern Shipbuilding Group in Florida, Philly Shipyard in Pennsylvania and Nichols Brothers Boat Builders on Whidbey Island, Wash. — had prequalified to bid build up to to five new 160-car hybrid-electric ferries. On…
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Conrad names Cecil A. Hernandez its new president and CEO
Conrad names Cecil A. Hernandez its new president and CEO Morgan City, La.-headquartered shipbuilder Conrad Industries, Inc. (OTC Pink: CNRD) today named Cecil A. Hernandez its president and chief executive office with Johnny Conrad assuming the position of executive chairman and remaining as chairman of the board and an executive officer of the company. He…
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HD Hyundai’s Chung Kisun in talks with USTR Jamieson Greer
HD Hyundai’s Chung Kisun in talks with USTR Jamieson Greer As plans for a renaissance in U.S. shipbuilding develop, South Korea’s HD Hyundai , which has already started to cooperate with Huntington Ingalls (HII) is looking to play a role. Today HD Hyundai’s executive vice chairman Chung Kisun met with U.S. Trade Representative Ambassador Jamieson…
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McDermott completes FPU floatover for Scarborough
McDermott completes FPU floatover for Scarborough McDermott reports that it has completed the safe, successful completion of fabrication, construction, and offshore floatover of the Scarborough floating production unit (FPU) topside and hull structures for Woodside Energy. The contract, awarded in 2021, followed the successful delivery of front-end engineering design for the Scarborough Energy Project’s FPU…
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Op-Ed: Navigating opportunities in the 2025 insurance market
Op-Ed: Navigating opportunities in the 2025 insurance market By Simon de Burgh Codrington, Managing Director, Risk Strategies The marine insurance industry continues to navigate uncertain waters in 2025. Prices in the global marine cargo market are starting to ease. Importers and exporters now have more room to negotiate. Still, cargo theft is a growing problem,…
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ConocoPhillips’ hunt for gas offshore Australia continues as Asian firm jumps on the bandwagon
ConocoPhillips’ hunt for gas offshore Australia continues as Asian firm jumps on the bandwagon ConocoPhillips is getting a new partner for hydrocarbon exploration activities in the Otway Basin off the coast of Australia, where the firm and its partners will look for more commercially viable natural gas reserves. The post ConocoPhillips’ hunt for gas offshore Australia…
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Halliburton plays its part in Rhino’s oil search offshore Namibia
Halliburton plays its part in Rhino’s oil search offshore Namibia As Africa continues to attract more interest in its offshore basins, U.S.-headquartered oilfield services player Halliburton has lent a helping hand to Rhino Resources for exploration activities on Block 2914 within the petroleum exploration license (PEL) 85 off the coast of Namibia. The post Halliburton…
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DOF’s new offshore support vessel starts taking shape in Poland
DOF’s new offshore support vessel starts taking shape in Poland Poland’s CRIST has held the keel laying ceremony for an offshore support vessel (OSV) it is building for Norwegian vessel owner DOF Group. The post DOF’s new offshore support vessel starts taking shape in Poland appeared first on Offshore Energy. Dragana Nikše Go to offshore…
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South Korea, United States to ‘strengthen’ shipbuilding ties
South Korea, United States to ‘strengthen’ shipbuilding ties In what is described as a “historic moment”, the South Korean shipbuilding industry has […] The post South Korea, United States to ‘strengthen’ shipbuilding ties appeared first on Offshore Energy. Sara Kosmajac Go to offshore energy biz
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MSC, Zim plan to rework Asia-US Gulf network as demand drops
MSC, Zim plan to rework Asia-US Gulf network as demand drops MSC plans to provide all of the tonnage in a US Gulf service, with Zim slated to get a lower share of slot space as weaker demand forces service changes. Go to journal of commerce
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Ocean carriers line up hefty rate hikes on oversupplied Asia-Europe trade
Ocean carriers line up hefty rate hikes on oversupplied Asia-Europe trade The carriers want to raise prices by more than 50% in a bid to stem the slide in rates that began at the end of December and is showing no signs of slowing. Go to journal of commerce
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CMA CGM fleet will not need to pay Chinese tonnage tax: CFO
CMA CGM fleet will not need to pay Chinese tonnage tax: CFO With less than half of CMA CGM’s fleet built in China, CFO Ramon Fernandez believes US services can be structured to avoid the incoming tonnage fees. Go to journal of commerce
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Norden continues MPV expansion amid ‘strong projected demand’
Norden continues MPV expansion amid ‘strong projected demand’ The Denmark-based carrier has been growing its multipurpose vessel fleet since entering the project cargo sector with the acquisition of Thorco Projects in 2023. Go to journal of commerce
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High-and-heavy shippers sound alarm on rising tariff costs
High-and-heavy shippers sound alarm on rising tariff costs Caterpillar and Deere are counting the sizable costs of tariff-related expenses, even with the announced 90-day tariff pause between the US and China. Go to journal of commerce
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Port Of Antwerp-Bruges Unveils Autonomous Electric Shuttle At Medrepair Terminal
Port Of Antwerp-Bruges Unveils Autonomous Electric Shuttle At Medrepair Terminal Image Credits: Port of Antwerp-Bruges/Facebook Port of Antwerp-Bruges, together with technology partners Akkodis, VDL, and Medrepair (Medrepair is part of MedlogSA, belonging to MSC), presented a live demonstration of a next-generation logistics solution designed to transform intra-terminal container transport: an autonomous, fully electric shuttle that…
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Russia Plans To Build Over 1,600 Ships By 2036 In Massive Fleet Expansion
Russia Plans To Build Over 1,600 Ships By 2036 In Massive Fleet Expansion Image for representation purposes only Russia has announced its ambitious plan to build more than 1,600 ships by 2036 to modernise its shipbuilding industry and reduce reliance on foreign technologies amid ongoing international sanctions. These efforts are backed by a record 500…