Upgraded Koala Service Boosts Australia - Asia Link
Victoria International Container Terminal (VICT), Australia’s fully automated container terminal operated by International Container Terminal Services, Inc. (ICTSI), recently enhanced maritime connection to Asian markets through a revamped Koala service.The service, operated by MSC, made its inaugural call at VICT on October 4, linking the Port of Melbourne directly with major ports in China and Indonesia.Fixed weekly route will offer increased flexibility to supply chains serving…
TasPorts to Explore Green Hydrogen Production at Bell Bay
Australia’s TasPorts and H2U Group have signed an MOU to explore developing a green hydrogen and ammonia facility at Bell Bay port in Tasmania.The proposed facility would be initially capable of producing up to 500,000 tonnes of green ammonia per year with the potential to scale-up.TasPorts and the H2U Group will assess the technical, economic, environmental, and social feasibility of the project, including potential port infrastructure requirements, energy and water supply, export logistics…
Australian Authorities Seize Cocaine from Shipping Container
The Australian Border Force (ABF) and Australian Federal Police (AFP) have seized almost 65kg of cocaine potentially worth more than A$21 million ($14 million) from a shipping container in Brisbane.The consignment came from Panama and was declared as 20 packages containing 2380 wooden slats.Officers x-rayed the shipping container and noticed anomalies within its flooring that turned out to be 108 bricks of a white substance wrapped in black plastic.ABF detector dogs attended and provided a positive indication of narcotics within the consignment.
Domestic Shipbuilding Creates US Port Efficiency and Growth
On October 28, 2025 U.S. Senator Dan Sullivan (R-Alaska), Chairman of the Senate Committee on Commerce, Science, and Transportation’s Subcommittee on Coast Guard, Maritime, and Fisheries, convened the Senate hearing “Sea Change: Reviving Commercial Shipbuilding”. This hearing examined how to modernize and accelerate U.S. commercial shipbuilding while strengthening a larger maritime industrial base.Senator Sullivan opened with a statement that included: “Our nation faces a critical strategic challenge as foreign competitors…
SFL Posts Steady Q3, Invests in Fleet Optimization
SFL posts Q3 2025 revenue of $178 million and net income of $8.6 million; declares 87th consecutive quarterly dividend of $0.20 per share.Contracted charter backlog reaches $4 billion with a weighted average term of 6.5 years, two-thirds backed by investment-grade clients.Fleet optimization and $100 million in vessel efficiency and LNG dual-fuel investments underscore SFL’s long-term sustainability strategy.SFL Corporation Ltd. reported third-quarter 2025 operating revenues of $178 million and net income of $8.6 million…
Konecranes Pens 200-Crane Service Deal with Meyer Turku Shipyard
Konecranes has signed a wide-ranging service agreement with Meyer Turku shipyard in Finland for the maintenance and optimization of approximately 200 cranes.The service agreement covers smaller units handling just 63 kg to a massive 1,200-tonne Goliath gantry crane.It includes a comprehensive operational maintenance, repair and readiness plan for the different cranes and equipment in the shipyard.Meyer Turku is a cornerstone of Finland’s maritime industry with a legacy spanning nearly 300 years.
CMA CGM Reverses Mali Suspension
CMA CGM has reversed a decision to suspend cargo shipments to Mali over safety concerns and a fuel shortage, the French group said on Thursday following a meeting with the authorities.In early September, al Qaeda-linked militant group Jama'at Nusrat al-Islam wal-Muslimin (JNIM) announced a blockade on fuel imports to the landlocked West African country. The group has since attacked convoys of fuel tankers attempting to enter the country or reach the capital, Bamako."Overland transport has been heavily impacted in terms of both transit times and costs…
Matson Paid $6.4 million in Port Fees to China
U.S. ocean shipping company Matson MATX.N has paid $6.4 million in port fees to China since they were implemented on October 14, CEO Matt Cox said on Tuesday.President Donald Trump and President Xi Jinping last week agreed to put those tit-for-tat levies on pause for 12 months, starting on November 10. Media outlets in China had reported that Hawaii-based Matson, one of a handful of global shipping firms with U.S.-built and -flagged vessels, was the first to pay the fees in China.Matson expects the U.S.
Ukraine Drone Strike Hits Russian Oil Terminal
A Ukrainian drone attack struck one of Russia's main Black Sea oil ports on Sunday, causing a fire and damaging at least one ship, as Kyiv tries to undermine Russia's war effort by targeting its energy infrastructure.Ukraine has for several months been striking Russian oil refineries, depots and pipelines in a bid to undermine the Russian economy.Footage on Russian and Ukrainian Telegram news channels appeared to show a terminal and one tanker ablaze at night. Reuters was not…
Port Houston Surpasses Three Million TEUs
Port Houston crossed the three million TEU mark in September, reaching 3,270,595 TEUs year-to-date, the fastest pace in Port Houston’s history. Total container volumes are up 5% year-to-date compared to last year.“Three million TEUs and counting; this is the earliest we’ve ever reached that mark,” said Charlie Jenkins, CEO of Port Houston.For the month of September, Port Houston handled 337,659 TEUs, a 2% increase from the same month in 2024. Loaded exports continued to rise, up 13% for the month and 7% year-to-date, driven by Houston’s strong resin and manufactured goods.
Unifeeder, Sagarmala Finance Corporation Limited to Advance Sustainable Coastal Shipping in India
Unifeeder, a DP World company, has signed a Memorandum of Understanding (MoU) with India’s Sagarmala Finance Corporation Limited (SMFCL), a Government of India Enterprise under the Ministry of Ports, Shipping and Waterways to collaborate on developing and scaling commercially sustainable coastal and shortsea shipping services across India.The MoU established a framework for joint action to design and finance coastal shipping corridors that support India’s ambitions to decongest roads, lower logistics costs, and decarbonize transportation.
Dry Bulk Vessel Market Softens as Coal Shipments Decline
"We estimate that the dry bulk supply/demand balance will strengthen slightly in 2025 and gradually weaken in 2026 and 2027. Cargo demand growth is slowing, as coal shipments decline and iron ore shipments stagnate,” says Filipe Gouveia, Shipping Analysis Manager at BIMCO.Coal shipments are forecast to decline 4.9% between 2025 and 2027. Demand is falling as electricity generation from renewable sources continues to expand, particularly in China, Europe and India. Furthermore…
NYK and Port of Duqm Collaborate on Development
Nippon Yusen Kabushiki Kaisha (NYK Line) and the Port of Duqm Company, which oversees port management and terminal operations in Oman, signed a memorandum of understanding at Duqm Economic Forum 2025 to collaborate in the development and connectivity of the port of Duqm.NYK has positioned the Middle East as one of its key strategic regions. On April 1, 2022, NYK established its Middle East region head in Dubai to deepen its regional strategy and enable more agile business development across the area.Oman…
Alfa Laval UK Expands Dry-Dock Services to Cut Vessel Downtime
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, typically seen as a cost burden, into a performance opportunity through better planning and tailored maintenance support.A key feature of the new service is condition auditing carried out up to six months before dry-docking.“By auditing systems months before docking…
Panama Canal Begins Industry Engagement for the Development of Port Terminals
The Panama Canal launched a consultation process with representatives of the maritime industry to identify potential partners interested in developing port terminals on both the Atlantic and Pacific sides of the waterway.Following a process similar to that followed for the introduction of the gas pipeline project, the Panama Canal convened a group of representatives from companies with proven experience in container port operations and container shipping lines.According to institutional rules and regulations…
Siemens Gamesa Halts Port of Esbjerg Offshore Wind Nacelle Plant Plans
Siemens Gamesa has confirmed it has scrapped plans to build an offshore wind turbine nacelle factory at Denmark’s Esbjerg Port.The offshore wind turbine manufacturer confirmed it will not proceed with the development of the nacelle plant at the port of Esbjerg at this time, given the current market opportunities.“Siemens Gamesa has maintained a longstanding presence at the Port of Esbjerg, which is a strategically important location for our offshore wind operations, also in the future.“Like in any other place, we continue to evaluate potential investment opportunities; however, given the curre
Tanco Boosts Jeffersonville Port Capacity with $750K Fertilizer Expansion
Tanco Terminals is expanding its liquid barge facility at the Ports of Indiana–Jeffersonville to meet rising demand for blended fertilizers across southern Indiana and northern Kentucky.The $750,000 expansion includes two new 45,000-gallon tanks designed to support regional cooperative Premier Ag, which is the customer of Tanco Terminals. The tanks will enable on-demand blending of fertilizer additives tailored to local soil conditions, a capability expected to increase throughput…
Navigating the Limits: Columbia River Pilots Confront Big Ships, Tight Channels
Columbia River Pilots is an association of independent pilots, a unique organization that uses a network of pilots and independent boats to manage a long stretch of river in the U.S. Pacific Northwest. Capt. Jeremy Nielsen serves as President, Columbia River Pilots, and in addressing the challenges his organization faces, leading the list are the maritime megatrend that sees vessel size outpacing infrastructure along the river, from bridge clearance to dockage; as well as the maritime industry's legislated drive for decarbonization…
Chinese Sanctions on Hanwha Put $150B South Korea-US Shipbuilding Plan at Risk
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.South…
igus Wins Award for Mobile Shore Power Outlet System
igus, a leading global manufacturer of motion plastics, was presented with the “Maritime Innovator of the Year” award for its igus Mobile Shore Power Outlet (iMSPO) family of products. The honor was bestowed on October 7 during the American Association of Port Authorities (AAPA) conference held in Quebec. The igus Mobile Shore Power Outlet (iMSPO) is designed to overcome the infrastructure limitations and evolving operational challenges facing modern ports. As shipping alliances shift and vessel sizes increase…
Fueling the Future of Ports: Cost Savings and Resilience as Propane’s Proven Edge
Ports across the U.S. are learning a critical lesson: depending solely on government grants or an increasingly unstable electric grid is no longer enough to keep operations running smoothly. There’s a smarter, more cost-effective solution already proving its worth on the ground - propane.The exclusive webinar ‘Power & Performance at the Port: How Propane Moves Maritime Operations Forward’ - to be held October 16, 2025, at 11.00 AM ET - will bring together energy and maritime specialists…
China Sanctions Five US-Linked Units of South Korea’s Hanwha Ocean
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, comes on the day that China and the U.S. implement additional port fees targeting each others' vessels, although China has exempted ships it built.Organisations and individuals within China are prohibited from engaging in any transactions…
Maritime Fees Spiral Deepens as US, China Trade Blows
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, after China announced a major expansion of its rare earths export controls and President Donald Trump threatened to raise tariffs on Chinese goods to triple digits.But after the weekend…