ZIM CEO Glickman Announces Departure
ZIM Integrated Shipping Services Ltd. announced that Mr. Eli Glickman, the President and Chief Executive Officer of the Company, informed the Board of Directors of his decision to depart from the Company. Mr.Glickman will continue to serve as Chief Executive Officer of the Company during a six-month notice period, to ensure orderly operations of the Company during the interim period until his replacement assumes the role.The Board of Directors intends to initiate a search process to select a successor to Mr. Glickman in the coming weeks.Mr.
Born into Maritime: John McDonald, Chairman & CEO, ABS
Many claim to have āsaltwater in their veins,ā but all you have to do is walk into the corner office of John McDonald, the new Chairman and CEO of the American Bureau of Shipping (ABS), to see that him saying āI was born into maritimeā is not hyperbole. The first thing that greets you is a Dusan Kadlec nighttime painting of the Brooklyn Bridge, a painting that has special meaning to him as he fondly remembers being on a boat in New York harbor in 1983, his father USCG Captain of the Port of New York at that time, watching the fireworks over the bridge for the celebration.
Vaisala Launches Cybersecure, Module Offshore Weather Station
Vaisala, a global leader in measurement technology, launched Maritime Automatic Weather Station AWS830, a new weather monitoring solution for maritime and offshore environments. AWS830 delivers weather, environment, oceanographic, and motion data to Vaisala's offshore and maritime weather systems, including Vaisala Helideck Monitoring System and Vaisala met-ocean system. Vaisala AWS830 delivers wind speed, atmospheric pressure, visibility, cloud height, air temperature, humidity, and wave height data through an expandable platform designed for demanding marine conditions.
Vard Marine to Offer Concept Refinement for the U.S. Navy Next Generation Logistics Ship Program
Vard Marine US, Inc., a subsidiary of Vard Group AS - fully owned by Italian Fincantieri Group, has been awarded a contract to participate in the Next Generation Logistics Ship (NGLS) Program. Under this contract, Vard Marine will conduct a market survey and perform concept design and refinement for the new NGLS platform, also referred to as the light replenishment oiler (T-AOL). The award also includes options that can be exercised for functional design planning and special studies.
ATSB Releases Preliminary Report on Coral Adventurer Grounding
An Australian Transport Safety Bureau (ATSB) preliminary report has been released that outlines the order of events leading up to the grounding of the cruise ship Coral Adventurer near a remote port on the north-east coast of Papua New Guinea in December.The ATSB launched a transport safety investigation after the 93-metre Australian-flagged ship grounded on the morning of 27 December 2025, with 80 passengers and 44 crew on board.The cruise, which had left Cairns 10 days earlier, had visited several sites in Papua New Guinea, with passages between them generally conducted overnight.
A Welcome Change for the Ship Recycling Industry
International market turmoil from the direct / indirect imposition of global tariffs and related actions saw a crazy Week 8 wind up in 2026, as freight rates and oil prices both moved up and subsequently down, reports cash buyer GMS.As oil rose above USD 63/barrel from last week to well over USD 66/barrel this week, it retreated back down to USD 65.93/barrel by weekās end, amid investors and forecasters increasingly weighing the possibility of Trump launching another confounding attack against Iranā¦
EU Aims to Boost Local Shipbuilding with New Plan
The European Commission is set to propose measures designed to ensure more vessels and other goods and services for the European Union's shipping sector are made in the bloc, according to a draft document seen by Reuters on Tuesday.The "Made in EU" proposals will be presented next week, a week before the EU executive announces a broader push to prioritise locally manufactured products, a plan that has split EU countries.For shipping, the draft document says the Commission will encourage public authorities buying ships or equipment to select suppliers based on non-price factors such as sustaina
Panama Court Quashes CK Hutchison Port Contracts
Panama's Supreme Court has annulled key port contracts held by a subsidiary of Hong Kong-based CK Hutchison, leaving the future ownership of some Panama Canal operations unclear and possibly upsetting its plans to sell some terminals.Panama Ports Company (PPC), a CK Hutchison subsidiary, has held contracts since the 1990s to operate container terminals at the canal's Pacific and Atlantic entrances, separate from the waterway's operations.The decision could disrupt CK Hutchison's proposed $23 billion sale of dozens of ports worldwideā¦
U.S. Coast Guard Launches RAPTOR to Identify Maritime Defense Solutions
The U.S. Coast Guard has unveiled a rapid-response approach that identifies, prototypes and delivers breakthrough technologies to meet urgent operational needs and drives accelerated transition to programs. The Office of Rapid Response and Prototyping (CG-RAPTOR) is accelerating the āidea-to-operationsā cycle, rolling our solutions within 30, 60, and 90 days through collaboration with operators, industry leaders and subject matter experts.The standup of CG-RAPTOR comes amid Secretary of Homeland Security Kristi Noemās push to change how the Coast Guard operates.
LNG-Fueled Container Ships Prop Up Alternative Fuel Orders in 2025, DNV Finds
LNG-fueled container ships helped sustain the share of alternative fuels in the global shipbuilding orderbook in 2025, even as overall newbuilding activity slowed sharply following a record year, according to data from classification society DNV.Annual figures from DNVās Alternative Fuels Insight platform show that while total newbuild orders fell to 2,403 vessels in 2025 from 4,405 a year earlier, alternative-fueled ships retained a 38% share of total gross tonnage, supportedā¦
Crowley Awards 2025 Scholarships to Maritime Students
Seventeen students from seven U.S. and El Salvador maritime academies and universities have been selected as the 2025 recipients of the Thomas B. Crowley Sr. Memorial Scholarship. The scholarship recognizes students who demonstrate exceptional academic achievement and dedication to their studies related to the maritime industry. The scholarship honors the legacy of Thomas B. Crowley Sr. by acknowledging excellence and investing in the next generation of maritime leaders.The Thomas B. Crowley Sr.
Red Sea Return Imminent for Container Shipping
Major carrier CMA CGM has announced its INDAMEX service will transit Suez Canal on fronthaul and backhaul voyages between India/Pakistan and US East Coast in a notable step towards a largescale return of container ships to the Red Sea region.The first vessel to complete a full service loop via Suez Canal will be CMA CGM Verdi, sailing from Karachi to New York on 15 January. eeSea by Xeneta data shows voyages via Suez Canal rather than Cape of Good Hope reduces full loop transit time on this service by two weeksā¦
New Zealand's Offshore Patrol Vessel Otago to Resume Operations in 2026
The New Zealand Navy will return to service in the third quarter of 2026 one of two offshore patrol vessels idle since 2021, the chief of the defence force said on Tuesday, at a cost running into millions of dollars.Tony Davies told a select committee of parliament the decision to bring HMNZS Otago out of care and custody arrangements followed the sinking of a specialist dive and hydrographic vessel, the Manawanui."Before you put it back to sea, it has to have quite a bit of work and money spent on it," Davies added.
Liebherr BOS Cranes Celebrates 50 Years
Liebherr marks half a century of BOS crane excellence. Since 1975, BOS cranes have been trusted by operators worldwide, known for their robust design and marine adaptability. The latest generation continues this legacy, now featuring an electric variant to meet evolving offshore demands.In 1975, Liebherr delivered its first BOS crane, the B10 / 17 EX, for installation on the Floating Production, Storage and Offloading Unit Princess Aweni. Since then, the BOS series has undergone continuous developmentā¦
Panama Canal Bets on LPG Transits
The Panama Canal expects an increase in transits of liquefied petroleum gas (LPG) vessels and carriers of some agricultural commodities to help it compensate for a reduction in world trade next year, the waterway's chief told Reuters on Monday.The world's second-busiest interoceanic waterway registered a 14% revenue increase to $5.7 billion in the fiscal year ended in September and saw 19% more transits, with LPG vessels and container ships moving more cargoes through the canal that connects the Pacific and Atlantic oceans."LPG is a product that will be even more valuable in the next 20ā¦
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 regulationsā¦
Sofar Ocean Launches Wayfinder Voyage Simulator for Fleet Planning
Sofar Ocean has launched Wayfinder Voyage Simulator, a voyage planning tool that lets operators, commercial teams and chartering desks generate and compare unlimited voyage scenarios in seconds, aiming to improve fleet efficiency and profitability.Part of Sofarās Wayfinder platform, the simulator incorporates the companyās marine weather forecasts, informed by what Sofar says is the largest private real-time ocean sensor network and āoutperform traditional models by up to 50%āā¦
HII Establishes Partnerships to Expand Throughput, Industrial Base
HII is partnering with shipyards and fabricators in multiple states to grow its throughput and meet the increased demand for ships by the U.S. Navy. With its customerās support, HII is bringing the work to more companies and more jobs in more states, expanding capacity of the U.S. shipbuilding industrial base and improving schedule adherence for all ships built by HII.HIIās structural assembly network, consisting of companies that contribute to outsourced modular assembly of shipsā¦
Recyclers Wary Despite Recent Influx of Tonnage
Losses in various individual sectors along the entire dry bulk range across the recent past saw the overall benchmark index lose about 5% of its overall value, which would explain the recent (and ongoing) influx of tonnage into the West Coast Indian and even Pakistani waterfronts spanning several weeks now, reports cash buyer GMS.āAnd despite recent deliveries of a wide collection of sizes and types of vessels (especially in Alang), the overall sentiment in the Indian sub-continent remains on watchful footing while trying to surf the wakes of Trumpās ongoing tariff conundrumsā¦
Colonnaās Shipyard: Forged in Steel, Anchored in Legacy
Colonnaās Shipyard is a fifth-generation, family-owned medium-sized shipbuilder, led by Randall Crutchfield, Chairman & CEO, today. Founded in 1875 by 26-year-old ship carpenter Charles J. Colonna with a $2,000 loan from his brother, he founded a company that has not only withstood the test of time, but today stands ready as a multi-faceted āblue collar industrial complexā to help in the effort to effectively rebuild the U.S. shipbuilding base, and more specifically to help rebuild the U.S. Navy and U.S. government-owned fleet of ships.
U.S. Shipbuilding Realities and the SL7EXPO
Once again U.S. shipbuilding, or rather the lack thereof, has raised its head. There are those who say that U.S. shipbuilding is a train that has left the station (yes, a purposefully odd but correct metaphor), while others are hoping for a new dawn of U.S. shipbuilding dominance.I know it can be done, but only if there is steel-eyed realism and an iron will to do it.I also know that magazine editors hate lists, but I am going to irritate Greg by doing just that: creating a list of realities surrounding the proposed resurgence of U.S.
India Oil Corp Buys US and Middle Eastern Crude As Trump Criticizes Russian Purchases
Indian Oil Corp has bought 7 million barrels of crude from the United States, Canada and the Middle East, four trade sources said on Monday, as U.S. President Donald Trump ramped up his criticism of the country over its purchases of Russian oil.India is the biggest buyer of seaborne crude from Russia, which is under Western-led sanctions over its war in Ukraine.Its main refiners paused buying Russian oil last week as discounts to other suppliers narrowed after Trump threatened hefty tariffs on imports from countries that make any such purchases, Reuters reported last week.
ABS Expands Network of Learning Hubs With Hellenic Ship Safety Center
ABS opened the doors on its latest training center, the Hellenic Ship Safety Center in Athens, harnessing the power of new immersive training techniques, game-based learning and virtual reality environments for the Greek shipping community.Greek shipping leaders joined ABS executives at the opening celebration for the new facility that features computer simulation stations, collaboration areas and a training room for virtual reality and game-based scenarios and interaction.The Athens location is the latest in a family of dedicated centers from ABSā¦