Marine Link
Thursday, January 22, 2026

Cargo News

22 Jan 2026

Methanol-Fueled CMA CGM Monte Cristo Delivered

CMA CGM's Monte Cristo is the first vessel in a series of six 15,000-TEU methanol container ships, as part of the group’s decarbonization strategy. Image courtesy CMA CGM

The CMA CGM Group recently received its 400th owned vessel, the CMA CGM Monte Cristo, the first in a series of six methanol container ships.This key milestone reflects the Group’s long-term investment strategy, built on asset ownership and the integration of advanced technologies to enhance the environmental and operational performance of its fleet.With the CMA CGM Monte Cristo, the Group reaches a milestone of 400 owned vessels, within a fleet of more than 650 vessels worldwide.

21 Jan 2026

China’s Crude Oil Imports Spike 5%

Chart courtesy BIMCO

"In 2025, China’s total import of crude oil rose nearly 5% -- 4.9% to 11.6 million barrels per day (mbpd) from 11.1 mbpd in 2024 according to data released by the General Administration of Customs (GACC) in China. Seaborne imports increased an estimated 4.0% year-on-year. According to the U.S. Energy Information Administration (EIA), China’s stockpiles rose slightly less than 1 mbpd, indicating that the underlying import demand fell nearly 0.5 mbpd,” says Niels Rasmussen, Chief…

20 Jan 2026

Xeneta Warns Unpredictability Could Hurt Ocean Supply Chains as CMA CGM Reverses Red Sea Return Decision

© Mariusz - stock.adobe.com

CMA CGM has announced its FAL1, FAL3 and MEX services connecting Asia and Europe, which recently began transiting Suez Canal again on backhaul voyages, will return to sailing around the Cape of Good Hope.CMA CGM cited the "the complex and uncertain international context” in reversing its decision to return to the Red Sea.“Shippers crave predictability in supply chains. Carriers taking the decision to return to the Red Sea then reversing that decision - even if it is done for important safety reasons - still risks undermining confidence in schedule reliability and eroding trust in partnerships…

20 Jan 2026

Interferry Demands Pause on EU ETS Implementation at 70% Coverage

Mike Corrigan, CEO of Interferry. © Interferry

Interferry is calling for an immediate halt on the further implementation of the EU ETS for the ferry sector, maintaining the surrendering obligation for maritime emissions frozen at the 70% level scheduled for 2025, and halting the planned increase to 100% in 2026. The demand follows the recent decision to continue exempting road transport from a parallel ETS mechanism and the lack of clear regulations on the distribution of the funds collected.“This action must remain in place until road transport is also in an ETS and funds collected are actually ringfenced for maritime decarbonization.

19 Jan 2026

Brazil Beef Exports Projections Released

Copyright William / AdobeStock

Brazilian beef exports will remain stable in 2026 compared with last year, beef lobby ABIEC said on Monday, projecting shipments between 3.3 million and 3.5 million metric tons this year.That compares with 3.5 million tons of beef exported in 2025, including fresh and processed products, when Brazil's beef shipments had their best year on record both in volumes and revenue, according to trade data. Roberto Perosa, ABIEC president, said exports would remain broadly unchanged after top importer China imposed safeguards to protect its industry…

14 Jan 2026

Genco Rejects Diana Shipping Offer

Image copyright GT

Genco Shipping & Trading Limited has firmly pushed back on takeover interest from Diana Shipping Inc., with its board unanimously rejecting a non-binding $20.60-per-share cash proposal that it says "significantly undervalues" the company and carries unacceptable execution risk.In a statement released January 13, Genco Shipping & Trading Limited said its board, acting on the recommendation of an independent committee and advised by external financial and legal counsel, concluded…

15 Jan 2026

China's Coal Imports Slump

Chart courtesy BIMCO

"In 2025, seaborne coal shipments to China fell 10% as domestics supply increased and demand from steel manufacturing and electricity generation weakened. The decline affected shipments out of Indonesia, the US, Australia and Colombia in particular,” says Filipe Gouveia, Shipping Analysis Manager at BIMCO.China is the world’s largest importer of coal and the destination of 28% of seaborne coal shipments, which account for 4% of dry bulk tonne mile demand. Thermal coal, which is used for electricity generation…

14 Jan 2026

US Files for Warrants to Seize Dozens More Tankers

© momentscatcher / Adobe Stock

The U.S. government has filed for court warrants to seize dozens more tankers linked to the Venezuelan oil trade, four sources familiar with the matter said, as Washington consolidates control of oil shipments in and out of the South American country.The U.S. military and Coast Guard have seized five vessels in recent weeks in international waters that were either carrying Venezuelan oil or have done so in the past. The seizures were part of Washington's campaign to force Venezuelan President Nicolas Maduro out of power that culminated in U.S.

12 Jan 2026

Spanish Police Seize 10 Tons of Cocaine in Salt Cargo

© Adobe Stock/benschonewille

Spanish police have made their largest-ever cocaine seizure on the high seas, intercepting a vessel carrying almost 10 metric tons of the drug concealed in a shipment of salt en route from Brazil to Europe, police said on Monday.The operation led to the arrest of 13 people on board. The vessel, which ended up running out of fuel, had to be towed to port by coastguards in Santa Cruz de Tenerife, Canary Islands, police said in a statement.Officers recovered 294 bales of the drug…

09 Jan 2026

Russian Drone Hits Two Foreign-Flagged Vessels Near Odesa

© Adobe Stock/ Leonid

Russia has attacked two foreign-flagged civilian vessels with drones in the southern Odesa region, killing a Syrian national and injuring another, Ukrainian officials said on Friday.Moscow has stepped up attacks on Ukraine's maritime export arteries over the last two months as retaliation for attacks on "shadow fleet" tankers heading to Russia to export its oil.Deputy Prime Minister Oleksiy Kuleba said in a statement that one ship had been sailing along Ukraine's maritime export corridor to pick up a grain cargo at the port of Chornomorsk, and was under the flag of Saint Kitts and Nevis.The ot

08 Jan 2026

Suez Canal Rebound Muted Despite Houthi Attack Stoppage

Chart courtesy BIMCO

“100 days ago, on 29 September, the Minervagracht was to become the last ship to be attacked by the Houthis, at least for now. Forty-three days later, the Houthis declared an end to their attacks on ships. Despite this, traffic through the Suez Canal have not significantly increased and in the first week of 2026 remained 60% below the corresponding week in 2023, before ships started diverting around the Cape of Good Hope,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO.According to Lloyd’s List, the Houthis have attacked or hijacked ships 99 times since November 2023.

08 Jan 2026

PCTC Vessel MV Ocean Explorer Delivered

Image courtesy Sallaum Lines

Sallaum Lines accepted its latest Pure Car and Truck Carrier (PCTC) vessel, MV Ocean Explorer as part of its Ocean Class fleet. The newbuilding’s arrival represents a major milestone in the company’s ongoing fleet expansion strategy and its commitment to advancing sustainable and energy-efficient maritime operations.“With the delivery of MV Ocean Explorer, we are proud to take another bold step toward a more sustainable future for maritime transport,” said Mr. Hasan Sallaum – Sallaum Lines Managing Director.

06 Jan 2026

Venezuela, US in Talks to Export Venezuelan Oil to US

© jutawat / Adobe Stock

Venezuelan and U.S. officials are discussing exporting Venezuelan crude to refiners in the United States, five government, industry and shipping sources told Reuters on Tuesday.Venezuela has millions of barrels of oil loaded on tankers and in storage tanks that it has been unable to ship due to a blockade on exports imposed by U.S. President Donald Trump since mid-December. The blockade was part of rising U.S. pressure on the government of Venezuelan President Nicolas Maduro that culminated in U.S.

04 Jan 2026

Venezuela to Cut Oil Output

© alexyz3d / Adobe Stock

Venezuela's state-run oil company PDVSA has begun cutting crude production because it is running out of storage capacity due to an ongoing U.S. oil blockade that has reduced exports to zero, piling more pressure on an interim government trying to hang onto power in the face of U.S. threats of more military action.Caracas is in political crisis under an interim government after President Nicolas Maduro and his wife were captured by U.S. forces on Saturday. The OPEC country's oil exports, its main source of revenue, are now at a standstill following a U.S.

02 Jan 2026

Shipbuilding: DHT Accepts New VLCC

Copyright Alex/AdobeStock

DHT Holdings, Inc. has taken delivery of a VLCC newbuilding from Hanwha Ocean Co., Ltd. The vessel is named DHT Antelope and is entering the spot market. It is the first of a series of four VLCC newbuildings to be delivered to the company during the first half of 2026. The newbuildings are fully funded and will increase the Company’s customer offerings and earnings power. The next newbuilding is scheduled to deliver early March 2026.

18 Dec 2025

Venezuela Authorizes Two Unsanctioned VLCCs to Depart

© Jose Gil / Adobe Stock

Venezuela on Thursday authorized two very large crude carriers (VLCC) to set sail for China, according to two sources familiar with Venezuela's oil export operations, which would be only the second and third supertankers to depart the country since the U.S. seized a ship carrying Venezuelan oil last week.The U.S. has said it would not allow vessels under sanction to leave Venezuelan waters. The departing tankers, each carrying around 1.9 million barrels of Venezuelan Merey heavy crude according to internal documents from state company PDVSA, are not on the U.S.

18 Dec 2025

Container Vessels: Return to Suez Canal Looms Large

Source: BIMCO

"Assuming a significant increase in recycling of older ships and a reduction in average sailing speeds, we forecast that average market conditions in 2026 will be like those in 2025 but 2027 could see slightly weaker market conditions. We forecast ship demand growth of 2.5%-3.5% in both 2026 and 2027 while supply is estimated to grow 3% in 2026 and 3.5% in 2027,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO. The return to normal Red Sea and Suez Canal routings in the not-too-distant future, however, seems increasingly likely, which could result in a 10% reduction in ship demand.

17 Dec 2025

PDVSA Resumes Oil Cargo Deliveries After Cyberattack

© Postmodern Studio - stock.adobe.com

Venezuela's state-run oil company PDVSA on Wednesday was resuming oil cargo deliveries at its terminals following a cyberattack that affected its centralized administrative systems, according to the company and sources.PDVSA, which is grappling with the U.S. announcement on Tuesday of a blockade of all sanctioned tankers approaching or planning to leave Venezuelan waters, was able to isolate oilfields, refineries, ports and other facilities from its central system to resume work…

16 Dec 2025

World’s Largest Wind-Powered Ro-Ro Arrives in Baltimore

Credit: Yann Tremenbert

The world’s largest wind-powered, industrial-scale, roll on/roll off vessel Neoliner Origin has returned for its second visit to the only U.S. port it is calling, the Helen Delich Bentley Port of Baltimore.The ship, which uses sails as main propulsion, is operating a monthly service between Saint Nazaire (France) and Baltimore, with stops along the way to Saint-Pierre et Miquelon and Halifax.“It’s a great honor to be the first and only U.S. port for Neoliner Origin,” said Maryland Port Administration Executive Director Jonathan Daniels.

16 Dec 2025

Danish Container Traffic Hits Record in Third Quarter

© Frankix / Adobe Stock

The third quarter of this year has broken all records when it comes to the most loaded containers transported to or from major Danish ports.Containerized goods equivalent to 137,000 TEU containers arrived at a Danish port in the third quarter, while in the other direction, containerized goods equivalent to 122,000 TEU were shipped out of Danish ports.The majority of containers to and from Denmark go via APM Terminals' container terminal in Aarhus, where there has also been a significant increase during 2025.The increase in volumes is due…

15 Dec 2025

LNG Bunker Vessel Christened

Bunker barge United LNG I was christened in the port of Antwerp. Image courtesy Somtrans

Bunker barge United LNG I was christened in the port of Antwerp, an important moment for shipping company Somtrans, main shipbuilding contractor RensenDriessen and outfitting partners TeamCo Shipyard and Gas & Heat.The vessel will enter service in early 2026, reinforcing the growing role of LNG bunkering in the Belgian and Dutch seaports.It is an estuary-class LNG bunker barge designed for both inland waterways and coastal service up to Zeebrugge. Measuring 135 x21.46 m, the barge carries eight cylindrical Type C cargo tanks of 1…

11 Dec 2025

IMO Challenged Over Livestock Carrier Regulations

Source: social media

A global network of 36 animal welfare and protection organizations around the world has issued an urgent call to the IMO to introduce binding international regulations for livestock carriers, warning that the ageing fleet poses serious and escalating risks to human life, animal welfare, public health, and the marine environment.In an open letter sent to the IMO Secretary-General, the organizations outlined systemic safety failures across the global live export shipping fleet, which is now the oldest of any ocean shipping sector…

11 Dec 2025

Low-Emission Cement Carrying Vessel to be Dual-Fuel Methanol

The new methanol-powered cement carrier is designed to cut emissions by 80%, according to Heidelberg Materials. Image courtesy Heidelberg Materials

Heidelberg Materials Northern Europe has taken a decisive step toward low-emission coastal logistics with the development of a next-generation methanol-powered cement carrier, an 80% emissions-cutting vessel that could redefine short-sea bulk operations in Scandinavia. Planned to enter service in early 2028, the newbuild is the product of a multi-stakeholder public-private partnership involving the Hartmann Group, the Green Shipping Programme (GSP) and the Norwegian NOx Fund,…