Tag: seatrade maritime

Ningbo Ocean Shipping expands with Japan office New office with local partner will focus on the Japanese market and China – Japan trade relations. Katherine Si Go to seatrade maritime

Port operations gradually resuming in Dar es Salaam The main port in Tanzania is getting back to work after violence that followed a general election last week. Marcus Hand Go to seatrade maritime

HD Hyundai and Siemens join forces to modernise US shipbuilding HD Hyundai and Siemens are the latest to say they will help in President Trump’s mission to restore US maritime dominance Paul Bartlett Go to seatrade maritime

Synergy Marine’s Saudi division bags technical management of five jack-up barges Five Jana Marine self-propelled jack-up barges and OSVs to support Saudi Aramco projects. Gary Howard Go to seatrade maritime

Uncertain weeks ahead for tanker owners Trade truce should be supportive to tanker trades, but questions abound over agreement’s impact and longevity. Paul Bartlett Go to seatrade maritime

Seatrium offloads two PSVs for $60m ‘Non-core’ vessels sold to Brazil’s Posidonia Shipping and Trading as end comes into sight for Operation Car Wash cases. Gary Howard Go to seatrade maritime

Supply chain damage already done, says Xeneta Outlook for 2026 looking rosier for shippers as over-capacity and market uncertainty will limit freight rates. Nick Savvides Go to seatrade maritime

COSCO Shipping Development splashes RMB12.4 bn on 29 newbuilds COSCO to explore use of RMB in international manufacturing, leasing, and shipping as it announces 23 bulker, six VLCC order. Katherine Si Go to seatrade maritime

IMI and ARO sign construction agreement for jack-up Kingdom 4 Aramco joint ventures make progress on 20-rig deal with another Saudi-built jack-up from IMI. Gary Howard Go to seatrade maritime

Yang Ming orders six container ships at Japanese shipyards Yang Ming Marine has picked up Japanese shipyards for a series of methanol dual-fuel ready boxships. Katherine Si Go to seatrade maritime

Space, Maritime’s final frontier Shipping is about to undergo a sea change as Space Aye links space age tech to Earthly industries with the expectation that a revolution will follow Nick Savvides Go to seatrade maritime

NYK merging three bulk shipping companies The three Japanese companies will be brought together as NYK Bulkship Partners from April next year. Marcus Hand Go to seatrade maritime

China passes revised Maritime Law Revised law includes digitalised documents, requirements for environmental protection, and the relationship between domestic and international markets. Katherine Si Go to seatrade maritime

Singapore ship registry surges on USTR reflagging The Singapore Registry of Ships saw higher tonnage growth in September than it does annually in most years. Marcus Hand Go to seatrade maritime

Top maritime news stories for week ended 31 October US and China port fees truce, seafarer unhappiness, and major flag states backed delaying the IMO’s net zero framework. Marcus Hand Go to seatrade maritime

APM Terminals investing $2bn in Pipavav Port A MoU with Gujarat Maritime Board is part of AP Moller – Maersk’s plans invest $5 billion in Indian maritime Michele Labrut Go to seatrade maritime

Protecting against GPS jamming with new ship position technology GNSS and GPS jamming are growing problem for the industry but a new Iridium-based system aims to provide a solution. Paul Bartlett Go to seatrade maritime

EV fires and shipping with Dr. William Moore, The American Club As EVs continue to grow in popularity, Dr William Moore explores the fire risks to shipping and how to minimise those risks. Gary Howard Go to seatrade maritime

Maran Gas completes methane slip abatement pilot First trial of Daphne Technology’s plasma-catalytic methane slip aftertreatment system completed on Maran Gas LNG carrier. Gary Howard Go to seatrade maritime

Dar Es Salaam port closed as chaos erupts in Tanzania The East African nation is under indefinite curfew and with an internet blackout Marcus Hand Go to seatrade maritime

USTR and China port charges one-year truce Two weeks after the USTR and Chinese port fees came into force agreement is reached on suspension Marcus Hand Go to seatrade maritime

Stephenson Harwood to open two offices in Saudi Arabia Three-partner team to include maritime expertise out of Al Khobar and new partner in Riyadh. Gary Howard Go to seatrade maritime

Cosco Shipping Specialized Carriers adds 42 vessels The Chinese carrier reported a 31% increase in profits for the first nine months of 2025. Katherine Si Go to seatrade maritime

Reviving US shipbuilding and significant maritime reform A Senate hearing on US commercial shipbuilding was notable for its lack of bi-partisan bickering and broad political support Barry Parker Go to seatrade maritime

Hagag-Lloyd names final ship in 24,000 teu series The 12 Hamburg Express class container ships are the largest in the German carrier’s fleet. Marcus Hand Go to seatrade maritime

Mobile port in Alabama to increase capacity APM Terminals is to build a new $131 million container berth at the Port of Mobile. Michele Labrut Go to seatrade maritime

Tankers and enforcing secondary sanctions Sanctions continue to pile on the oil and LNG trades with Russia from the US and the UK raising questions around enforcement. Barry Parker Go to seatrade maritime

Major flag states backed postponing IMO Net Zero Framework Only three of the member states of the IMO in the top 10 flag-states voted against delaying the NZF discussions by a year. Marcus Hand Go to seatrade maritime

DP World opens Sokhna logistics park in Egypt DP World has officially opened its Sokhna Logistics Park in Egypt located in the Suez Canal Economic Zone (SCZone). Michele Labrut Go to seatrade maritime

Panama seeks operator interest for new container terminals Initial meeting held with top terminal operators including APM Terminals, DP World, PSA, and Cosco Shipping Ports. Marcus Hand Go to seatrade maritime

Efnav orders six bulkers from Hengli Chinese shipbuilder Hengli Heavy Industry has received orders for diversified types of vessels in the recent months. Go to seatrade maritime

Newbuilding orders drop 24% at Chinese shipbuilders China maintained the leading position in global shipbuilding market for the first nine months even though the new orders decreased. Katherine Si Go to seatrade maritime

Public offerings – most shipping firms don’t need the cash Scorpio Tankers’ James Doyle laments low valuations and says capital willing to wait out shipping cycles is hard to find Barry Parker Go to seatrade maritime

TOC Americas Go to seatrade maritime

InterManager urges seafarers to take enclosed-space safety survey Spending a few minutes completing the anonymous online survey will help shape better regulation and action on enclosed-space incidents, association says. Gary Howard Go to seatrade maritime

King Ocean Services extends Port Everglades terminal lease The lease extension through to 2035 will enable King Ocean Services to expand operations in the Florida port. Michele Labrut Go to seatrade maritime

Top maritime news stories for week ended 24 October A selection of the leading shipping stories to appear on Seatrade Maritime News over the past week. Marcus Hand Go to seatrade maritime

Ningbo port tightens regs for lithium-ion battery shipments One of the world’s largest container ports now requires test reports for shipments of lithium-ion batteries. Marcus Hand Go to seatrade maritime

China Merchants and Grimaldi form auto logistics partnership China Merchants Roro Shipping and Grimaldi Group work together to optimize automobile logistics. Katherine Si Go to seatrade maritime

Recycling crisis looms for aging container ships warns Bimco Only ten container ships have been recycled so far this year and almost a quarter of the boxship fleet is more than 20 years old. Paul Bartlett Go to seatrade maritime

China first for London P&I Club The first P&I insurer from the International Group has opened a representative office in Shanghai. Marcus Hand Go to seatrade maritime

Wison Engineering partners Casale for green fuels production The partnership aims to combined engineering expertise with ammonia and methanol synthesis technology Katherine Si Go to seatrade maritime

Kingston Freeport Terminal receives two new STS cranes New cranes at Terminal Link facility the largest Caribbean region Michele Labrut Go to seatrade maritime

World’s largest cable layer launched in China The first of two cable layers for Jan de Nul will be capable of installing longer and heavier cables in waters up to 3,000m deep. Paul Bartlett Go to seatrade maritime

IMO is more than what happened last week – Dominguez Secretary general says IMO remains strong and is already addressing issues identified with the Net Zero Framework at MEPC last week. Gary Howard Go to seatrade maritime

Atlantic Container Line faces $34m annual USTR bill Shipping that operates con-ro vessel hit with nasty surprise on first day the new US port fees came into effect Marcus Hand Go to seatrade maritime

Ningbo Ocean Shipping expands near-sea fleet The Chinese shipowner targets the Southeast Asia region with its latest newbuilding orders Katherine Si Go to seatrade maritime

DNV reverses opposition to nuclear power in shipping The classification society has always opposed nuclear power as an energy source in shipping but now believes that recent technological advances have changed the backdrop. Paul Bartlett Go to seatrade maritime

CMA CGM and Port Koper in automotive logistics jv The world’s third largest container line upgrading a 20-year partnership with the Slovenian port Marcus Hand Go to seatrade maritime

Chinese yards dominate container ship newbuild orderbook Some 98.5% of container ships contracted are being built in China, Korea and Japan according to analyst Alphaliner. Marcus Hand Go to seatrade maritime

Insurers grapple with growing dual-fuel risks Dual-fuel vessels, particularly LNG carriers, are susceptible to new risks relating to very low sulphur fuel oil (VLSFO) stored on board for long periods. Paul Bartlett Go to seatrade maritime

IMO NZF delay – newbuilds will shift back to conventional engines Analysts Jeffries expect shipowners that have ordered dual-fuel tonnage to downgrade engines from capable to ready Barry Parker Go to seatrade maritime

Tidewater chief’s top 3 investment opportunities in offshore Tidewater’s Quintin V. Kneen talks about where he sees opportunities for offshore vessels given a positive market outlook Marcus Hand Go to seatrade maritime

Seanergy and Eastern Med order newbuilds at Hengli The private Chinese shipbuilder Hengli announced the second batch of newbuilds within a week. Katherine Si Go to seatrade maritime

China ramps up green corridors with Europe Katherine Si Go to seatrade maritime

Canfornav expands in Asia with Hong Kong office Canadian shipowner and operator has expanded from the forestry trades to become a major dry bulk player. Marcus Hand Go to seatrade maritime

France’s Sogestran orders bunker tanker pair at Chinese yard China Merchants Industry Yangzhou Dingheng Shipyard bags Deltamarin-designed duo for Petroineos. Michele Labrut Go to seatrade maritime

Serious implications for tanker owners as China retaliates to Trump’s tariffs Owners of US-linked VLCCs on the hook for $6m fees per call under China’s response to USTR measures. Paul Bartlett Go to seatrade maritime

Yang Ming Marine orders four new handymax vessels Group greenlights dry bulk subsidiary Kuang Ming’s order for four new handymaxes under fleet renewal and expansion programme. Katherine Si Go to seatrade maritime

Bleak outlook at the breakers as prices plunge Alang anchorage has plenty of ships but prices in India have tumbled while Bangladesh and Pakistan deal with Hong Kong Convention requirements. Paul Bartlett Go to seatrade maritime

Delaying IMO Net Zero Framework adoption – flogging a dead horse? The member states of the UN body have another year to decide on net zero plans but is adjourning the vote now just delaying framework’s eventual demise? Marcus Hand Go to seatrade maritime

IMO delays adoption of Net Zero Framework by a year After four days of increasingly tense and fraught negotiations at the MEPC plans for a global carbon levy on shipping have been postponed. Marcus Hand Go to seatrade maritime

Trump urges no vote as IMO NZF hangs in balance President adds voice to efforts by the US to stop the Net Zero Framework being passed at the MEPC this week Marcus Hand Go to seatrade maritime

Norway’s offshore pioneers power ahead on batteries Olympic Subsea has seen dramatic reductions in fuel consumption on a battery-hybrid SOV Paul Bartlett Go to seatrade maritime

Hengli Heavy Industry secures another four newbuilds Greek owner Capital and China’s Shandong Ocean Shipping have orders at the yard Katherine Si Go to seatrade maritime

Bahri renews 10-year COA with Korean refiner S-Oil Saudi owner bags long-term commitment for up to 10% of its tanker fleet capacity with Seoul-based refiner. Gary Howard Go to seatrade maritime

Europort 2025 Go to seatrade maritime

HMM lines-up $2.8 bn tanker and container ship order The South Korean shipowner contracts 12 box ships with HD Hyundai Heavy and Hanwha Ocean. Marcus Hand Go to seatrade maritime

CULines launching new Red Sea service A new service from the Chinese feeder line will connect Aden with Egypt and Saudi Arabia. Katherine Si Go to seatrade maritime

APM Terminals adds electric STS crane in Mexico expansion The Mexican port facility run by Maersk’s terminal unit is aiming to reduce emissions and increase efficiency. Go to seatrade maritime

Ship finance for offshore wind market in turbulent waters Europort 2025 is gearing up for crucial conversations around ship finance for offshore wind vessels amid market uncertainty, regulatory changes, and funding challenges for specialised maritime assets. Go to seatrade maritime

Finalists announced for the 2025 Crew Connect Awards Crew Connect Global, the premier event for the maritime industry, is proud to announce the finalists for the highly anticipated 2025 Crew Connect Awards. Seatrade Maritime Go to seatrade maritime

China sanctions Hanwha Ocean’s US affiliates China is taking countermeasures against USTR Section 301 probe into shipbuilding dominance Katherine Si Go to seatrade maritime

Maersk diverts two US-flagged vessels from China To avoid China’s new “Special Port Fee” the US-registered container ships will discharge Ningbo bound cargo in South Korea Marcus Hand Go to seatrade maritime

Norwegians talk nuclear power as fuel debate heats up Ulstein’s nuclear-powered vessel concept, Thor, may have seemed far-fetched when unveiled in 2022 but now it could provide a feasible option. Paul Bartlett Go to seatrade maritime

Cochin Shipyard scores landmark CMA CGM order In a first for an Indian shipbuilder the French international container line committed to six 1,700 teu newbuildings. Nick Savvides Go to seatrade maritime

Norwegian offshore companies seize South America opportunities Vessel owners and shipyards benefiting from Brazilian demand and contracts Paul Bartlett Go to seatrade maritime

Cost of energy transition higher without IMO Net Zero Framework Member states of the IMO set to decide if its proposed net zero ambitions will come into force in April 2027. Marcus Hand Go to seatrade maritime

DNV launches European e-methanol tender portal Industry-first public tender portal to support shipping decarbonisation by connecting green methanol producers and offtakers. Gary Howard Go to seatrade maritime

Container ship sails from China – Felixstowe in 21 days via Arctic The Northern Sea Route is via the Arctic in far north Russia is a long talked about alternative to traditional routes via the Malacca Strait. Marcus Hand Go to seatrade maritime

Wah Kwong and Wuhu Shipyard set up shipowning jv The Hong Kong shipowner and Chinese shipyard extend cooperation with shipping company with 12 vessels. Katherine Si Go to seatrade maritime

RINA launches Greater China client care centre The classification society is boosting its client service capability for Greater China region with a new centre. Katherine Si Go to seatrade maritime

Alternative fuel producers urge IMO NZF adoption Green fuel producers voice concerns as industry battle lines are drawn and IMO makes plans for detailed implementation strategy after adoption of its Net Zero Framework Nick Savvides Go to seatrade maritime

Maersk fails in Durban terminal legal challenge Transnet awarded the terminal concession to ICTSI in 2023 and Maersk challenged it in March 2024 Michele Labrut Go to seatrade maritime

USTR vessel fee revisions days before 14 October start The United States Trade Representative has revised port fees for vehicle carriers and LNG export cargoes in response to industry feedback. Barry Parker Go to seatrade maritime

US threatens raft of penalties against states supporting IMO NZF Blocking vessels, visa restrictions and port fees among actions Trump Administration is considering against nations voting yes for the Net Zero Framework (NZF) at MEPC Marcus Hand Go to seatrade maritime

US-listed owners to bear brunt of China port fee retaliation A VLCC owned by a US company set to be charged over $6 million per Chinese port call in USTR retaliation Marcus Hand Go to seatrade maritime

Top maritime news stories for week ended 10 October A selection of the leading shipping stories to appear on Seatrade Maritime News over the past week. Marcus Hand Go to seatrade maritime

ContiOcean Environment expands green maritime services The Shanghai company has set-up a new joint venture in Hong Kong following its public listing in January. Katherine Si Go to seatrade maritime

TT-Line returns to Jinling Shipyard for ro-pax newbuilds China Merchants Industry Jinling Shipyard and TT-Line continue collaboration on green ro-pax construction. Katherine Si Go to seatrade maritime

Panama Canal transits in FY2025 bounce back from drought The key waterway connecting the Pacific and Atlantic Oceans reported strong increases in revenues and transit numbers. Michele Labrut Go to seatrade maritime

Maersk Offshore Wind cancels $475m vessel at Seatrium The Wind Turbine Installation Vessel is 98.9% completed and was destined for deployment at Empire Wind 1 in the US. Marcus Hand Go to seatrade maritime

CMT orders bulker pair from Beihai Shipbuilding Qingdao Beihai Shipbuilding and Taiwan-based shipowner are collaborating on new vessel construction project. Katherine Si Go to seatrade maritime

F1 Logistics: DHL’s race from port to pitlane with Simon Price The Formula 1 calendar of 24 races spanning the globe presents a formidable logistics challenge covering sea, land and air all managed by DHL. Marcus Hand Go to seatrade maritime

Shipping not so united on IMO Net Zero Framework A number of industry associations including ICS and World Shipping Council have affirmed their support for the measures, but others are notable by their absence. Marcus Hand Go to seatrade maritime

Inclusion remains at the heart of powering shipping‘s future Shipping has always been a diverse industry – across cultures and ethnicities – and inclusion is crucial in facing the challenges of decarbonisation, writes WISTA International President, Elpi Petraki Go to seatrade maritime

ITF rescue seafarers abandoned off Cyprus Cyprus Maritime Conference’s panel on crew welfare saw union boss Stephen Cotton discussing the plight of seafarers just as a local inspector rescued an abandoned crew Nick Savvides Go to seatrade maritime

Itajai Port in $159 million upgrade investment Planned spending at Brazil’s second largest port includes wreck removal and refurbishment of existing docks Michele Labrut Go to seatrade maritime

Warning on increased GPS interference in the Middle East The UKMTO has warned on sharp rise in electronic interference being reported by vessels in key waterways such as the Strait of Hormuz. Marcus Hand Go to seatrade maritime

Latin America growth cements X-Press in feeder top spot X-Press Feeders has expanded its fleet by 13% over the last 12 months widening gap Unifeeder. Marcus Hand Go to seatrade maritime