Stena Line and ABP Start Work on Immingham Terminal
Stena Line, and the UK’s largest port operator, Associated British Ports (ABP), are to commence work on a new freight ferry terminal at the Port of Immingham. The new terminal represents a joint investment of more than £200 million ($265 million) in the port and a boost to the Humber region of England where the unaccompanied freight market has been steadily growing.Located in Lincolnshire, Immingham is becoming a strategic hub for Stena Line…
bound4blue Targets Asian Growth
Wind propulsion company bound4blue has expanded its industrial footprint in Asia with the establishment of new production capabilities in China, alongside the signing of strategic regional partnerships to accelerate adoption of its proven eSAIL® suction sail technology.This allows bound4blue to manufacture near the yards where their systems will be integrated, both for newbuildings and for vessels…
Ports and Geopolitics Driving Container Fleet Renewal
This week, container ship ordering news was dominated by the order by Hyundai Merchant Marine (HMM) for eight 13,400 TEU container ships.In a newly released report, the International Federation of Freight Forwarders Associations (FIATA) notes that the container fleet is aging. As of August 2025, the average fleet age of the top 10 shipping lines is relatively mature at around 13 years old, although there is variation amongst the different shipping companies.
Police Raid Korean Shipyard After Death of Worker
South Korean police and Labour Ministry officials raided on Thursday the shipyard of Hanwha Ocean in Geoje in the southeast of the country after the death of a worker, the Yonhap News Agency reported.A spokesperson for Hanwha Ocean said in a text message that company officials were "cooperating with the investigation as much as possible."A spokesperson at the Labour Ministry was not immediately available for comment.(Reuters - Reporting by Heejin Kim; Editing by Ed Davies)
Carney Changes Climate Requirements in Energy Deal with Alberta
Canada's Prime Minister Mark Carney signed an agreement with Alberta's premier on Thursday that rolls back certain climate rules to spur investment in energy production, while encouraging construction of a new oil pipeline to the West Coast.Under the agreement, the federal government will scrap a planned emissions cap on the oil and gas sector and drop rules on clean electricity in exchange for a commitment…
