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Sun Ships: SAL Expands Semi-submersible Fleet

German heavy-lift and engineering specialist SAL Heavy Lift said it has expanded its deck carrier fleet, acquiring two semi-submersible deck carriers Sun Shine and Sun Rise, from former owner Pan Ocean (Korea). Both vessels are scheduled for delivery in Europe between October and April 2026 and will be commercially operated as part of the JSI Alliance, which includes Jumbo Shipping and Intermarine. With semi-submersible deck carriers Zhong Ren 121 and Zhong Ren ... [+]

Container Rates See Unexpected Boost, Xeneta

Average container market spot rates from Far East increased 4.3 percent the week of Sept. 18 into both the U.S. East Coast (US$2,374 per 40-foot equivalent units) and West Coast (US$3,317 per FEU), said Xeneta, the freight rate benchmarking and market analytics platform. Prior to the ... [+]

GEODIS, Hapag-Lloyd Integrate on Pricing Tool

GEODIS and Hapag-Lloyd launched a real-time Contract Application Programing Interface (API) that directly connects the ocean carrier ‘s pricing platform to GEODIS’ global rate database.This new integration delivers instant access to about 75 percent more rates than before, cutting processing time from up to five ... [+]

US Senate Confirms Three DOT Administrators

U.S. Transportation Secretary Sean P. Duffy said three new administrators were confirmed Sept. 18 by the GOP-led U.S. Senate, part of an en bloc to dodge the formal conformation process that properly vets qualified administrators. Instead the Senate confirmed roughly four-dozen nominees in an en bloc ... [+]

St. Bernard Port Celebrates Its Progress

The St. Bernard Port, Harbor and Terminal District has released its annual report for 2025, a report that highlights the accomplishments and progress the port has made. The report’s theme, Impact through Innovation, touches on the various changes in the maritime industry and the port's ability ... [+]

GEODIS AI Strategy Leads to Executive Changes

GEODIS has created a new department dedicated to artificial intelligence, which is chaired by Marie-Christine Lombard, who will be supported by David-Olivier Tarac, executive vice president, artificial intelligence; and Carole Besnard as chief financial officer. GEODIS confirmed its intention to make artificial intelligence a key part ... [+]

ATA: FAIR Act Would End ‘Forum Shopping’

American Trucking Associations voiced its “strong support” for the Forum Accountability and Integrity in Roadway (FAIR) Trucking Act that would end the abusive practice of “forum shopping” by giving federal courts jurisdiction over consequential cases involving interstate trucking. Forum shopping is a tactic commonly employed by ... [+]

Product Tanker Contracts Drop to 9-year Low

Product tanker newbuilding contracts in the first eight months of the year dropped 86 percent year-over-year to 2 million deadweight tonnes, representing a nine-year low, said BIMCO Shipping Analysis Manager Filipe Gouveia. The development marks a stark reversal from the boom seen in 2023 and 2024. ... [+]

Shell, Hapag-Lloyd in Long term Biomethane Deal

Hapag-Lloyd and Shell Western LNG B.V. (Shell) have signed a multi-year agreement for the supply of liquefied biomethane starting with immediate effect. The agreement builds on a strategic collaboration established in 2023 to accelerate the decarbonization of alternative marine fuels. Biomethane, also known as Bio-LNG, plays ... [+]

Fluor Delivers LNG Canada Export Facility

In October 2018, LNG Canada made a final investment decision to build its liquefied natural gas, or LNG, export facility in Kitimat, British Columbia, the largest energy investment in Canadian history. The LNG export facility – the first of its kind in Canada– facilitates the safe ... [+]

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