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Ziegler UK Undergoes Management Buyout Amidst Group Restructuring
Ziegler UK has undergone a management-led restructuring, according to official filings and industry sources
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Ocean Freight
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LPG Tankers Transit Strait of Hormuz Amidst Regional Tensions
Two LPG tankers bound for India transited the Strait of Hormuz, carrying cooking fuel from the Persian Gulf
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Port of New York/New Jersey to Install EV Charging at LaGuardia Terminal B
A new project will install electric ground support equipment charging infrastructure at LaGuardia Airport's Terminal B
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RIFT Chooses Port of Rotterdam for Iron Fuel Production Plant
Technology company RIFT has selected the Port of Rotterdam for its commercial circular iron fuel production facility
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Anglo-Eastern CEO to Speak at Inaugural Splash Singapore Maritime Summit
Anglo-Eastern Univan Group CEO Bjorn Hojgaard will speak at the inaugural Splash Singapore maritime summit in September
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Iran Shifts Naval Strategy, Targeting Emirati Ports
Iran's naval strategy has reportedly shifted from chokepoint control to targeted pressure on Emirati ports, including Jebel Ali
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Nura Shipco Management Commences Operations in Singapore
Nura Shipco Management, a new firm co-founded with Nura International Shipping, has officially launched in Singapore
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Vessel Seized Off UAE Coast, Redirected Towards Iranian Waters
A vessel anchored off the UAE coast near Fujairah was seized by unauthorized personnel and is heading towards Iranian waters
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Maritime Technical Networking Summit Commences in Greece
A two-day B2B Maritime Technical Networking Summit has commenced at the Grecotel La Riviera resort in Greece
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ICTSI Challenges Maersk-Hapag-Lloyd Consortium's Costa Rica Port Concession
ICTSI has secured a formal review of the Puerto Caldera port concession in Costa Rica, challenging the award to a Maersk-Hapag-Lloyd…
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Teekay Tankers Acquires Two Suezmax Resale Newbuilds for $190 Million
Teekay Tankers has acquired two Korean-built suezmax resale newbuildings for $190 million, with delivery expected in 2027
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Neptune Adjusts Auckland to Norfolk Island Service Schedule
Neptune is deferring its Auckland to Norfolk Island westbound call on Voyage 2604W due to a heavy lift operation
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Stuart Macdonald Prepares for Atlantic Row, Connecting with Shipping Industry
Stuart Macdonald, inspired by a solo ocean rower, plans to row the Atlantic early next year, engaging with the shipping industry
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Canada's Port Connectivity Declines as Trade Diversification Efforts Increase
Canada's maritime trade connectivity has significantly decreased over the last ten years, according to the Bank of Canada
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Davie Defense Secures $3.5 Billion Contract for US Coast Guard Arctic Security Cutters
Davie Defense finalized a $3.5 billion contract to build five new Arctic Security Cutters for the U.S. Coast Guard
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Yang Ming Expands Fleet and Service Network Amidst Market Volatility
Yang Ming is adding 22 new container ships by 2030 and has launched three services this year to boost its cargo base
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Hapag-Lloyd Reports Q1 Net Loss Amidst Congestion and Middle East Conflict
Hapag-Lloyd experienced a net loss in Q1 due to higher terminal storage costs from port congestion and increased operating expenses.
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Domestic Intermodal Market Share Gains Remain Uncertain Amidst Current Conditions
Domestic intermodal's market share has not yet seen significant gains, hindered by trucking overcapacity and competitive rates
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Maryland Secures Record $2.25 Billion Settlement for Key Bridge Collapse
Maryland secured a record $2.25 billion settlement with the owner and operator of the Dali container ship
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Hapag-Lloyd Reports Q1 Loss Amid Red Sea Rerouting and Weather Disruptions
Hapag-Lloyd reported a substantial first-quarter loss, citing Red Sea disruptions and adverse weather conditions as key factors
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Maersk Expands Capacity on China-India Trade Route Amid Rising Demand
Maersk boosts China-India shipping capacity to meet rising demand from India's industrial development and import needs
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DNV Predicts IMO Carbon Pricing Mechanism Will Fail Without Funding
DNV indicates the IMO's carbon pricing mechanism for shipping decarbonization will likely fail without a funding component
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Torm Expands Fleet with Six MR Tanker Resale Acquisitions
Torm is expanding its fleet with six MR tanker resales, with deliveries anticipated between 2027 and 2028.
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BW LNG Orders Two New LNG Carriers from HD Hyundai Samho
BW LNG has reportedly ordered two new 174,000 cbm LNG carriers from HD Hyundai Samho Heavy Industries for 2026 delivery
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Thenamaris Orders Four MR2 Product Tankers from South Korean Shipyard
Thenamaris has reportedly ordered four new MR2 product tankers from HD Hyundai Mipo for 2028 delivery
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MSC Expands Dominance in North Europe-Mediterranean Container Trade
MSC has secured almost half of the container capacity on the North Europe-Mediterranean trade route
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Cape Shipping Orders Two Newcastlemax Bulkers from Dajin Heavy
Greek owner Cape Shipping is expanding its fleet by ordering two newcastlemax bulk carriers from Dajin Heavy Industry
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Hapag-Lloyd Reports Flat Q1 Volumes, Losing Market Share Amid Global
Hapag-Lloyd reported flat container volumes in Q1 2026, leading to a loss of market share against global growth
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OOCL Challenges Record $45 Million FMC Fine, Citing
OOCL is appealing a substantial $45 million penalty from the US Federal Maritime Commission, citing unconstitutionality
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CMA CGM Implements Peak Season Surcharge for Taiwan to Canada
CMA CGM is introducing a Peak Season Surcharge on all cargo from Taiwan to Canadian East and West Coast ports