Maritime News

 

Chinese Sanctions on Hanwha Put $150B South Korea-US Shipbuilding Plan at Risk

Oct 17, 2025

China's sanctions on U.S.-linked units of shipbuilder Hanwha Ocean threaten to impact ambitious plans for shipbuilding cooperation between Seoul and Washington by disrupting supplies of Chinese equipment and materials, officials in Seoul said on Friday.Beijing announced the sanctions on Tuesday as the U.S. and China began charging additional port fees on each other's vessels, in the latest exchange in a protracted trade war ahead of a planned meeting of the two countries' leaders…

Alfa Laval UK Expands Dry-Dock Services to Cut Vessel Downtime

Oct 28, 2025

Marine technology company Alfa Laval UK has enhanced its dry-docking support services for shipowners, introducing pre-docking audits and customized spare parts packages designed to reduce turnaround times and extend fleet uptime.The initiative is part of the company’s strategy to turn dry-docking…

Dual Pre-FEED Wins Propel ECOnnect’s LNG IQuay Regas Terminal

Oct 23, 2025

ECOnnect Energy has signed two pre-Front End Engineering and Design (pre-FEED) contracts for its IQuay Regas Terminal, a modular floating regasification system designed to offer faster, more flexible alternatives to conventional onshore and floating LNG terminals…

China Sanctions Five US-Linked Units of South Korea’s Hanwha Ocean

Oct 14, 2025

China announced sanctions on Tuesday against five U.S.-linked subsidiaries of South Korean shipbuilder Hanwha Ocean amid trade tensions between the world's two largest economies, sending the company's shares sharply lower.The move, announced by the Chinese commerce ministry…

Maritime Fees Spiral Deepens as US, China Trade Blows

Oct 14, 2025

The U.S. and China on Tuesday began charging additional port fees on ocean shipping firms that move everything from holiday toys to crude oil, making the high seas a key front in the trade war between the world's two largest economies.A return to an all-out trade war appeared imminent last week…

Propane’s Economic Edge for Ports During Trade Uncertainty

Oct 10, 2025

Click HERE to sign up for the October 16, 2025 webinar Power & Performance at the Port: See How Propane Moves Maritime Operations ForwardTrade has been a rollercoaster recently. Between the unpredictability of tariffs and uncertain economic outlooks…

China Strikes Back: Additional Port Fees for US Ships from Mid-October

Oct 10, 2025

Vessels owned or operated by U.S. firms and individuals - or those built in the United States or that fly the U.S. flag - will be charged additional port fees per voyage starting on October 14, China's transport ministry said.The fees are a counter-measure against upcoming U…

PhilaPort Buys Coveted Mustin Yard in Expansion Push

Oct 01, 2025

The Port of Philadelphia - PhilaPort has acquired the Mustin Yard from Norfolk Southern Corporation, deemed as one of the critical assets for the port’s future growth.Located adjacent to PhilaPort’s SouthPort Marine Terminal, the 152-acre Mustin…

Ulsan Port Completes Its First Green Methanol STS Bunkering for Bulk Carrier

Sep 29, 2025

Ulsan Port Authority (UPA) has completed Korea’s first methanol bunkering for a dual-fuel bulk carrier at Ulsan Port.The STS for a bulk carrier, conducted on September 28, 2025, follows Ulsan Port’s world-first successful methanol bunkering demonstrations for container ships (PTS/STS) in 2023-2024…

Seatrium Divests US AmFELS Yard for $50.7M

Sep 23, 2025

Seatrium has divested its AmFELS Yard located at Brownsville in Texas, in the United States, for a consideration of $50.7 million (S$65 million).The accretive divestment will allow Seatrium to enhance capital and operational efficiencies, while unlocking value from one of its surplus facilities…

Hanwha Pledges $5B to Upgrade Philly Shipyard’s Capacity

Aug 27, 2025

Hanwha Group has announced a $5 billion infrastructure plan for Hanwha Philly Shipyard as part of South Korea’s commitment to supporting growth of the U.S. shipbuilding industry through a $150 billion investment fund.The $5 billion program will…

Egypt's First Finished-Vehicle Logistics Terminal Opens for Business

Jul 23, 2025

The Suez Canal Automotive Terminal (SCAT), a joint venture among NYK, Africa Global Logistics (AGL) and Toyota Tsusho Corporation, has officially opened Egypt's first finished-vehicle logistics terminal.With an anticipated increase in finished…

TotalEnergies, CMA CGM to Form LNG Bunkering Logistics JV

Jul 23, 2025

TotalEnergies and CMA CGM Group have entered into an agreement to develop a 50/50 logistics joint venture dedicated to the implementation and operation of a liquefied natural gas (LNG) bunker supply solution at the port of Rotterdam, in the Netherlands…

GES Exits Dutch Market with Rotterdam Terminal Sale to Tepsa

Jul 10, 2025

Global Energy Storage Group (GES) has completed of the sale of its terminal located in the Port of Rotterdam to French-based firm Tepsa.The facility, which includes 212,000 m3 of tank storage and approximately 18 hectares of development land in the Europoort area…

Port of Aberdeen Connects First Vessel to Green Shore Power Demonstrator

Jun 19, 2025

Scotland’s largest maritime decarbonization project is now live at the Port of Aberdeen, providing green shore power for vessels at eight berths in the port’s North Harbour.The concept of shore power is simple: allowing vessels to plug directly into power from the port’s renewable energy tariff…

Logistics News

NYK and Port of Duqm Collaborate on Development

NYK and Port of Duqm Collaborate on Development

Croatia Inaugurates Rijeka Container Terminal as Regional Hub

Croatia Inaugurates Rijeka Container Terminal as Regional Hub

Port of Gothenburg on Track for All-Time High in TEU Handling

Port of Gothenburg on Track for All-Time High in TEU Handling

United Seamen’s Service Celebrates 56th Admiral of the Ocean Sea Awards

United Seamen’s Service Celebrates 56th Admiral of the Ocean Sea Awards

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