Category: News

MARITIME NEWS 5-1-26

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Decarbonization

IMO Climate Talks Stay Alive as Carbon Plan Survives U.S. Pushback at MEPC 84

Strait of Hormuz

U.S. Treasury Expands Hormuz ‘Toll’ Warning, Puts Maritime Industry on Notice

Global Trade

Transpacific Defies Downtrend as Container Spot Rates Climb on War-Driven Demand

U.S. Blockade

Trump Vows to Maintain Pressure on Iran Through Naval Blockade

Maritime Companies

ONE Profit Plunges 92% as Geopolitics and Overcapacity Squeeze Earnings

Hellenic News Articles

Global Trade

BIMCO publishes time charter party targeting the emerging CO2 trade
World Container Index Keeps Trending Lower

Decarbonization

Demand for Low-Carbon Shipping Has Fallen, but Long-Term Value Persists

Strait of Hormuz

Shipping Interrupted: Tracking the Impact of Disruptions in the Strait of Hormuz
Hormuz disruption shows why early-warning data matters

Global Shipbuilding

Leading Norwegian operators invest in zero-emission passenger vessel with Hyke

Maritime Technology

Corvus Energy Achieves DNV Cybersecurity Type Approval for Dolphin NxtGen, Strengthening Leadership in Secure Maritime Energy Storage
ABS Acquires RMC Global to Strengthen Cyber, Risk and Resilience Capabilities

MARITIME NEWS 4-30-26

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U.S. Shipbuilding

The United States Did Not Just Outsource Shipbuilding. It Outsourced Demand.

Maritime Decarbonization

IMO Carbon Plan for Shipping Faces Growing Revolt as U.S. Courts ‘Silent Majority’

Global Trade

Container Rates Slip for Third Week as Oversupply Weighs on Market

Maritime Disputes

FMC Judge Orders OOCL to Pay $45.6 Million in Landmark Bed Bath & Beyond Shipping Case

Appeals Court Backs FMC in Landmark Detention Charges Ruling Against Evergreen

Strait of Hormuz

U.S. Pushes International ‘Maritime Freedom Construct’ as Strait of Hormuz Remains Shut

Hellenic News Articles

Global Shipbuilding

Japan’s shipbuilding stumbles as talent gap widens; Korea leverages brainpower

South Korean Shipbuilding

POSCO, HD Hyundai Ramp Up India Investment Race

Maritime Training

HD Hyundai partners with Korea Science Academy to nurture STEM leaders

Chinese Shipbuilding

World’s largest car carrier delivered in China, boosting global auto transport capacity

U.S. Ag Trade

Soybean Prices Hit 7-Week High

Global Ports

Asia Pacific ports advance cross-sector hydrogen and e-fuel readiness
Shorter waits at Asia ports, including Singapore, as ships use ‘slow steaming’ to cut fuel cost

Decarbonization

Port cities present climate action plans at IMO MEPC reception

Port of Rotterdam

Port of Rotterdam Authority starts trial with ‘supersector’ Rozenburg/ Maassluis

Chinese Ports

Chinese ports start more direct routes to Africa as trade ties deepen

MARITIME NEWS 4-29-26

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U.S. Shipbuilding

Navy Awards HII $283 Million Contract to Kick Off FF(X) Frigate Construction

Global Shipbuilding

Canada’s First Coast Guard Arctic and Offshore Patrol Cutter Launched at Halifax Shipyard

U.S. Blockade

Trump Discusses Sustaining Iran Blockade for Months as Oil Prices Surge

Trump Urges Iran to Sign a Deal After Report Suggests US May Extend Blockade

Green Fuels

The Forgotten Fuel That Could Power Shipping’s Future

Strait of Hormuz

Strait of Hormuz Nears Third Month of Closure

U.S. Treasury Warns Hormuz ‘Toll’ Payments to Iran Could Trigger Sanctions

Hellenic News Articles

Port of Rotterdam

We want to be part of sustainable change’

South Korean Shipbuilding

Daehan Shipbuilding lifts Q1 profit 18.5% as margins stay above 20%
Korea Launches Shipbuilding-Shipping Alliance
Hanwha Ocean beats Q1 forecasts on LNG-led profits
Korean Shipbuilders Target AI Power Shortages

Global Ports

Saudi: Mawani allows release of goods from ports, granting 15-day time for storage fee payment
Ningbo-Zhoushan Port completes first bonded green methanol STS bunkering
Egypt reviews $400mln Ain Sokhna Port terminal proposal as Chinese firms explore new investments

Chinese Ports

Clearance time at new Huanggang Port to drop to around 5 minutes

Maritime Technology

MacGregor strengthens delivery partnership on 165T AHC crane with repeat order
Shareholders agree on integration of RX/SeaPort and NxtPort
When GPS Fails: Why Maritime Needs Resilient Navigation
Liberian Registry Unveils Next-Generation Seafarer Platform with Electronic Documents and a Mobile App for Seafarers

Maritime Collaboration

AD Ports Group and AZCON Holding Sign MoU to Explore Collaboration in Transport and Logistics Infrastructure in Azerbaijan

Panama Canal

China vows to safeguard lawful rights, interests in Panama port issues

Strait of Hormuz

Dry Bulk Shipping: Closure of Strait of Hormuz curbs demand growth

MARITIME NEWS 4-28-26

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Global Shipbuilding

Royal Caribbean Orders Two More Icon-Class Megaships From Meyer Turku

U.S. Blockade

U.S. Forces Search and Release Containership Suspected of Violating Blockade on Iran

Strait of Hormuz

Security Council Demands Freedom of Navigation in Hormuz as Shipping Risks Mount

U.S. Maritime

Opposition to Jones Act Waiver Extension Widens as Maritime Industry Pushes Back

Maritime Regulations

FMC Chair Joins U.S. Opposition to IMO Carbon Plan With Warning

Hellenic News Articles

Maritime Technology

Shareholders agree on integration of RX/SeaPort and NxtPort

U.S. Ag Trade

Wheat Futures Rise to 11-Month High
Corn Futures Rise to 4-Week High

South Korean Shipbuilding

Korea Launches Shipbuilding-Shipping One-Team Strategy
War boosts VLCC orders 21-fold as Korea shipyards, led by Hanwha, win big

Chinese Shipbuilding

Dire straits provide China’s shipbuilders great opportunities
China delivers its largest domestically built LNG carrier

Global Ports

Kalmar secured an order of electric empty container handlers from Lechman Terminais
APM Terminals and Hateco Group partner for new terminal in Da Nang

Strait of Hormuz

The List: How Iran Managed Access to the Strait of Hormuz and Where That System Broke Down
Rubio says U.S. will not accept Iran retaining control of Hormuz

Green Fuels

Global Biofuels Alliance targets SAF corridors, advances methanol for marine sector

Maritime Training

Kongsberg Maritime wins simulator contract with the French Naval Academy in Lanvéoc

Decarbonization

UN shipping chief hopes for consensus over Net-Zero Framework despite divisions

MARITIME NEWS 4-27-26

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Global Ports

India Mulls Options On Iran Port Stake Before Sanctions Kick In

Strait of Hormuz

IMO Chief Warns ‘No Safe Transit’ in Hormuz, Rejects Tolls at U.N. Security Council

Dual Hormuz Blockade Cuts Ship Transits to Near Zero

Shipping Traffic Through Hormuz Remains Muted With No US-Iran Deal in Sight, Data Shows

Trump’s Hormuz Blockade Has Deepened A Historic Shipping Crisis

Hellenic News Articles

U.S. Ag Trade

Wheat Futures Approach 10-Month High
North American wheat market grapples with adverse weather conditions

South Korean Shipbuilding

HD Hyundai Heavy Signs Swedish Icebreaker Contract
HJ Shipbuilding wins 11,000-TEU orders in Korea, boosts eco-friendly fleet
Korea’s Big Three Race to Build Ammonia-powered Ships
HD Hyundai drives Korea’s shipbuilding future with digital twins, autonomy, AI robots

Global Ports

CSP Iberian Bilbao Terminal takes delivery of a state-of-the-art STS crane and boosts its operational capacity
Saudi Arabia reports heavy investment in ports
India open to South Korean firms in vessel flagging, port infra projects
Pakistan eyes up to $25 billion boost from Gwadar port but challenges persist

Strait of Hormuz

Seven ships cross Strait of Hormuz as Iran-US talks stall

Maritime Technology

CargoTech: The power of tech in times of crisis

Global Trade

Asia-US container rates stable to slightly higher; tanker rates mixed
Regional Shipping Networks Gain as Global Trade Routes Realign

MARITIME NEWS 4-24-26

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Chinese Shipbuilding

China Teases New Aircraft Carrier in Video, Vows to Build Up Islands

U.S. Shipbuilding

Trump Says Shipbuilding Clashes Led to Navy Secretary Phelan’s Firing

White House Extends Jones Act Shipping Waiver to August

Strait of Hormuz

Hegseth Signals Mines Remain Key Obstacle to Full Hormuz Reopening

Decarbonization

IMO’s MEPC 84 Opens as Key Test for Delayed Shipping Climate Pact

Middle East Reconstruction Poses a Carbon Shock as Shipping Bears the Climate Bill

EU Revives Fight for Global Shipping Carbon Price, Setting Up IMO Clash With U.S.

Hellenic News Articles

Global Ports

Less engine noise at the Port of Klaipėda: shore power supply coming soon

Maritime Technology

AD Ports Group and NYU Abu Dhabi to Build and Pilot a High-Fidelity Intelligence Engine for Smarter Port Operations
Valenciaport is positioning itself as a leader in advancing a paperless logistics model

Global Shipbuilding

Konecranes to deliver single-boom shipyard crane to Meyer Turku in Finland
Damen and UK Dredging sign contract for advanced TSHD

Decarbonization

Middle East war may slow green logistics near term, but speed long-term transition: DHL
MPA Selects Six Partners for In-Water Hull Inspection and Cleaning Innovation Trials in the Port of Singapore
Port cities lead the energy transition at UN Climate Week in Yeosu

Strait of Hormuz

Hormuz reopening optimism shifts sentiment, but flows stay constrained
Widening gap in container rates suggest shippers are uncertain; Strait of Hormuz closed

Global Trade

Drewry: World Container Index Down 1% Last Week

MARITIME NEWS 4-23-26

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Panama Canal

Panama Canal Traffic Climbs as Officials Downplay Congestion Fears

Strait of Hormuz

Iran’s Swarm Tactics Show Why Hormuz Is Far From Safe

US-Iran Tensions Build Over Hormuz in Absence of Peace Talks

BIMCO Warns Hormuz Reopening Hinges on Mine Clearance as Trump Orders Sweep Surge

Hormuz Traffic Grinds to a Halt After Iran Seizes First Vessels

U.S. Shipbuilding

‘We Need to Get This Done’: Lawmakers, Labor and Industry Renew Push for SHIPS for America Act

Hellenic News Articles

Japanese Shipbuilding

MHI Marine Machinery & Equipment and Mitsubishi Shipbuilding Obtain Approval in Principle (AiP) for the Basic Design of a Methane Oxidation Catalyst System for Marine LNG-Fueled Engines

Global Ports

HIP Sets New Container Throughput Record with MSC Vessel
IAPH World Ports Tracker 2026 reveals state of global port sustainability
External conditions impact Port of Antwerp-Bruges’ quarterly results
Green hydrogen at the Port of Klaipėda: Construction Completion Certificate Received
Maritime and Port Authority of Singapore Renews Partnership with Shanghai Maritime University to Strengthen Maritime Development

Panama Canal

Panama Canal Meets Rising Demand

Maritime Cleanup

DP World Joins Clean Seas Initiative To Cut Maritime Plastic Waste
Waterway IT Joins Eyesea, Strengthening Industry Collaboration to Tackle Ocean Pollution

Maritime Technology

MPA and PSA Singapore Seek Proposals for Autonomous Shipping to Modernise Port Operations

U.S. Port News

Easing the Way for Heavy Lifts

Strait of Hormuz

BIMCO statement on the security situation in the Strait of Hormuz

Decarbonization

Everllence Warns of 50GW Gap in Meeting IMO’s GHG Strategy Goals

Green Shipping

RINA Grants ST Engineering Marine Approval in Principle for Hydrogen Fuel Cell Retrofit on a Fast Passenger Ferry
Wärtsilä Gas Solutions Cargo Handling and Fuel Gas Supply systems selected for two new midsize liquid ammonia carriers for Navigator Gas and Amon Maritime JV

MARITIME NEWS 4-22-26

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U.S. Shipbuilding

Congress Confronts U.S. Shipbuilding Crisis as Maritime Buildout Meets Reality Check

Industry Floods Into Autonomous Vessel Race as U.S. Navy Opens MUSV Marketplace

U.S. Maritime

Navy Secretary John Phelan Departs Abruptly in Surprise Pentagon Shakeup

U.S. Blockade

Iran Tankers Go Dark to Sail Past US Blockade Laden With Oil

Ship Seizures Mark New Phase in Iran’s De Facto Control of Hormuz

Asian Shipowners to Cross Hormuz Before Western Firms, Executives Say

Iran Menaces Hormuz as Its Own Oil Tankers Test US Blockade

Hellenic News Articles

Decarbonization

How DP World Is Advancing Environmental Stewardship Across the Americas

Maritime Technology

10th Smart Port Challenge Expands Support to Scale Maritime Start-ups
ARGUS-VM Unlocks Sensor-Free Fleet-Wide Structural Insights for ABS SMART(SHM) Tier 1 Compliance
Lloyd’s Register assesses AI navigation technology in live vessel trial with Orca AI
Finnlines selects Valmet’s integrated automation systems to optimize performance of three new RoPax vessels

Port of Rotterdam

Throughput in the port of Rotterdam remains stable, with a slight decline of 0.7%
Alewijnse: Four-year maintenance contract for entire fleet of Port of Rotterdam Authority

Global Ports

MPA Signs MOU with Hamburg Port Authority and IHLs to Strengthen Maritime Cybersecurity Cooperation

Chinese Shipbuilding

The Orderbook Giants: China’s Top 10 Yards Revealed

Strait of Hormuz

Three ships attacked in Hormuz after ceasefire extension
Hormuz Brief Reopening Surge, Post-Seizure Traffic Volatility, and Segment-Level Trends

Green Shipping

bound4blue completes eSAIL® installation on Klaveness Combination Carriers’ CABU III newbuild

MARITIME NEWS 4-21-26

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U.S. Blockade

Hormuz Shipping Disruptions Show No End as Trump Extends Ceasefire, Maintains Blockade

Shipping Traffic Through Hormuz Still Largely Halted

Strait of Hormuz

UN’s Maritime Agency Prepares Hormuz Evacuation Plan for Hundreds of Ships

Three Ships Including an Iranian Vessel Attempt Hormuz Transits

Decarbonization

Shipping Industry Closes Ranks Behind IMO Ahead of High-Stakes Climate Talks

Hellenic News Articles

Japanese Shipbuilding

Collaborative and digital: The future of Japanese shipbuilding

South Korean Shipbuilding

GTT receives an order from Samsung Heavy Industries for the tank design of two new LNG Carriers
HD Hyundai’s India shipyard takes shape in latest deal
HD Hyundai Signs MOU With India to Expand Shipbuilding

Green Shipping

Q&A: Hydrodynamics and energy efficiency improvements

U.S. Port News

Heavy Haul Route Improvement Project
Singapore, Long Beach and Los Angeles Ports Renew Green and Digital Shipping Corridor Agreement

Strait of Hormuz

Only three ships cross Strait of Hormuz as shipping halt persists

Maritime Technology

Singapore’s Maritime Sector to Accelerate Artificial Intelligence (AI) Adoption Under New Partnership

MARITIME NEWS 4-20-26

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Pacific Tensions

China Deploys Warship For Combat Drills In Western Pacific

Maritime Deals

Australia, Japan Sign $7 Billion Warship Deal

Defense Pacts

France And Greece To Renew Defense Pact For Another Five Years

U.S. Blockade

Trump Doubles Down on Iran Blockade as Peace Talks Hang in Balance

Iran Considers US Talks in Pakistan With Blockade Still Unresolved

U.S. Tariffs

U.S. Opens Tariff Refund Portal as Companies Rush to Reclaim $166 Billion

Strait of Hormuz

Hormuz Crisis Enters Dangerous New Phase as U.S. Seizes Vessel and Attacks Resume

Hellenic News Articles

U.S. Shipbuilding

U.S. shipyards deploy AI robots to rebuild industry and close labor gap

Chinese Shipbuilding

World’s largest intelligent container ship sets sail

U.S. Ag Trade

Wheat Futures Approach 9-Month High
Soybeans market weighs Middle East risks as US–Iran talks could reset China demand

Global Ports

Despite global challenges, The Port of Klaipėda records a strong first quarter
Port of Gothenburg signs EUR 18 million dredging contract for major fairway deepening project
Saudi: Port of NEOM fully operational, handling global cargo flows
World’s largest shipping line to build Vietnam’s $4.9B mega-port

Port of Rotterdam

11 shortsea shipping lines already embrace Secure Chain

Decarbonization

Decarbonisation is becoming a trade imperative for India’s net-zero journey
Shipping Industry United in Support of IMO as its Global Regulator and Successful Implementation of IMO GHG Reduction Pathway

Maritime Technology

Telenor Maritime and Quvia Expand Partnership to Deliver AI-Driven Connectivity for Cruise and Ferry

MARITIME NEWS 4-17-26

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U.S. Port News

Port of Long Beach Outpaces Rivals as Tariffs and War Risks Cloud Outlook

Strait of Hormuz

Pakistan Oil Tanker Makes Rare Entry and Exit Through Hormuz

Europe Moves From Rhetoric to Planning as Paris Summit Weighs Hormuz Security Mission

Iran and Trump Declare Hormuz ‘Open,’ But Route, Mines, and U.S. Blockade Cloud Reality

Shipping Industry Pushes Back on ‘Open’ Hormuz Narrative as Risks Persist

Iran Requiring IRGC Coordination for Hormuz Transits

Hellenic News Articles

U.S. Collaborations

Korea and US launch shipbuilding tech centers in Washington and Texas

South Korean Shipbuilding

MHB teams up with South Korea’s Hanwha Power Systems on shipbuilding, retrofit projects
GTT receives an order from HD KSOE for the tank design of four new LNG Carriers
HD Korea Shipbuilding & Offshore Engineering Wins Order for 4 VLGCs

U.S. Ag Trade

Wheat Rallies on Weather, Fertilizer Concerns

Global Ports

Construction begins at $21 million Port Hedland Seafarers Centre
CMA CGM launches Phase 2 of expansion works of Gemalink container terminal, a strategic trade gateway for Vietnam

Port of Rotterdam

Bunker volumes in the port of Rotterdam down 25% in first quarter 2026 compared to last year

U.S. Blockade

US blockade of Iranian ports to last ‘as long as it takes,’ Defence Secretary Hegseth says

Maritime Technology

LMT Group demonstrates a new tool for monitoring greenhouse gas emissions at Hamburg port

Strait of Hormuz

Panamax Supply Outlook as Hormuz Faces Strain
Strait of Hormuz reopens as U.S.-Iran peace talks progress

Global Trade

Global trade under siege
Drewry: World Container Index Down 3%

Green Fuels

Paving the way for safe hydrogen shipping

MARITIME NEWS 4-16-26

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U.S.-Iran Blockade

U.S. Expands Iran Blockade With Global Boarding Powers, Broad ‘Contraband’ Crackdown

Strait of Hormuz

How the U.S. Could Clear Mines From the Strait of Hormuz

Global Trade

Six-Week Container Spot Rate Rally Runs Out of Steam

Hellenic News Articles

U.S. Ag Trade

Wheat Futures Rise Toward 9-Month High

South Korean Shipbuilding

Daehan Shipbuilding secures 13th 2024 order, extends Suezmax lead
HD Korea Shipbuilding wins 745b-won order for LPG carriers and PCTCs

Global Ports

PSA Singapore Strengthens Global Maritime Leadership with Motorola Solutions’ Technology
AD Ports Group Leverages Integrated Logistics Network to Ensure Trade Resilience and Strengthen Regional Supply Chains

Maritime Companies

ZIM Announces CEO Departure
Sustainability Report 2025 published
CMA CGM Launches Enhanced Transatlantic PAD Service Including Cork, Strengthening Ireland’s Global Connectivity

U.S. Port News

Port of Long Beach Nation’s Busiest Seaport through March
Port Of Los Angeles Posts Solid First Quarter Performance

Strait of Hormuz

Hormuz: VLCC inbound transits continue despite overall traffic slowdown

Green Shipping

Power increase for Wärtsilä 25 Ammonia engine supports more efficient ammonia‑fuelled vessel designs

Decarbonization

Applications open: technical assistance for passenger ship decarbonization feasibility studies

Maritime Training

ABS and UNITED WATERWAYS Announce Planned Joint Venture to Advance Maritime Training