News: 2026-11-12 (12 November 2026)

The Klaipėda State Seaport Authority has launched a tender to select future tenants for a new 100-hectare area in the southern part of the port, in a project worth more than EUR 1 billion. The aim is to attract...

Container News · 14:00 UTC

LTL carrier XPO is now an investment-grade credit at one of the three major ratings agencies. Fitch Ratings has upgraded its rating on XPO (NYSE: XPO) to BBB-. That is one notch above the cutoff between investment-grade...

FreightWaves · 13:19 UTC

The recent strength in container spot freight rates drove a 480% year-on-year increase in group profit at Hapag-Lloyd in the third quarter, despite its liner shipping operations seeing flat volumes, indicating lost...

The Loadstar · 13:15 UTC

Wallem Group has appointed Apostolos Poulovassilis as General Manager, Ship Management, Greece, as the company moves to expand its ship management business in the Greek market. The appointment takes effect in November...

Container News · 13:00 UTC

NRF projected $849.9 billion in 2025 returns, down from $890 billion in 2024. ITF Group's report says retailers book part of that cost in the wrong department. The post ITF report ties part of retail’s $850B...

FreightWaves · 13:00 UTC

Spain’s container terminals are beginning the task of recovering following yesterday’s general strike across the country that left box ships waiting at anchor after a slew of terminal closures – but the extent of the...

The Loadstar · 12:52 UTC

The coming influx of larger containerships could render ageing panamax vessels commercially obsolete by 2030, while carriers’ efforts to renew smaller fleets threaten further capacity displacement. Jonathan Roach,...

The Loadstar · 12:38 UTC

Ethanol could emerge as an alternative marine fuel for the growing fleet of methanol-capable ships, with existing engines and bunkering infrastructure requiring only limited modifications, according to a new industry...

Splash247 · 12:30 UTC

Wan Hai Lines is ordering more than 110,000 new containers, at a cost of around $325m, as the Taiwanese liner operator expects delivery of 11 new ships next year. The company disclosed the order yesterday, after...

The Loadstar · 12:12 UTC

Xiamen Port in China has completed its first ship-to-ship green methanol bunkering operation, supplying 1,005 tonnes of the alternative marine fuel to OOCL WISDOM, one of the world’s largest methanol dual-fuel...

Container News · 12:00 UTC

Chinese shipbuilder Rainbow Offshore Engineering (ROC), part of Shenzhen-listed Jiangsu Rainbow Heavy Industries, has secured a contract to build an anchor-handling tug supply (AHTS) vessel for an undisclosed South...

Splash247 · 12:00 UTC

FarEye reported its first profitable quarter as fiscal 2026 revenue from operations rose 24.58% to $27.9 million, led by a 51.17% jump in EMEA revenue The post FarEye turns profitable in Q4 as EMEA revenue jumps 51%...

FreightWaves · 12:00 UTC

LATAM Cargo is making its largest investment outside freighter aircraft, as airlines and airports turn to technology to tackle missed shipments, recover disrupted flights, and make better use of capacity. The carrier’s...

The Loadstar · 11:51 UTC

Nigerian offshore services contractor Marine Platforms is moving towards full ownership of the pipelay and heavy-lift construction vessel Zhong Fei Huan Qiu 1200, formerly known as Global 1200. The company acquired a...

Splash247 · 11:38 UTC

MSC Mediterranean Shipping Company has recorded stronger growth since the spring of 2026, particularly on trades originating in Asia, according to CEO Søren Toft, who outlined the carrier’s performance, ongoing...

Container News · 11:22 UTC

The European Union paid an estimated €8.7 billion for liquefied natural gas from Russia’s Yamal project in the first 10 months of 2026, exceeding the estimated total for all of 2025, as the countdown to a ban on Russian...

gCaptain · 11:16 UTC

The maritime energy transition will require support for human capacity development across developing States, including SIDS and LDCS, as well as investment in scalable and bankable projects that will support the move to...

Hellenic Shipping News · 11:00 UTC

South Korea’s new Arctic hub idea widens the circle of Northern Sea Route users. It does not yet change who controls the route. The post Explainer: Opening the corridor, or joining it? appeared first on Container...

Container News · 11:00 UTC

The CII grade for a year is calculated from that year’s verified data. That is why the grade cannot be managed after the year ends, and also why a D forecast in the middle of the year is a decision point and not a...

Hellenic Shipping News · 11:00 UTC

On October 25–26, Ulsan Port Authority (UPA), together with Lotte Fine Chemical, HD Hyundai Heavy Industries, Shinheungsa, and Eastern Pacific Shipping (EPS), supplied 800 tonnes of renewable energy-based e-ammonia to...

Hellenic Shipping News · 11:00 UTC

Global oil and shipping group, Monjasa is adding five sister tankers to its fleet in the company’s largestever tonnage acquisition, strengthening its activities in West Africa and providing greater flexibility...

Hellenic Shipping News · 11:00 UTC

Asyad Shipping Company’s 50:50 joint venture with Japan’s Mitsui OSK Lines Ltd has agreed to sell its LR2 tanker Haima for approximately RO24.3mn, with the transaction expected to generate a gain of around RO19mn for...

Hellenic Shipping News · 11:00 UTC

Korean and Chinese shipbuilders are locked in a battle of pride over ships that carry ammonia. Korea is highlighting the world’s largest ammonia “propulsion ship,” while China is rolling out an ammonia...

Hellenic Shipping News · 11:00 UTC

A fire broke out at Russia’s Ust-Luga port on the Baltic Sea after a Ukrainian drone strike, the Leningrad regional governor Alexander Drozdenko said in a Telegram post Nov. 11. “Several drones” hit...

Hellenic Shipping News · 11:00 UTC

Hapag-Lloyd has successfully completed the acquisition of a 25% stake in APM Terminals Maasvlakte II in Rotterdam, following unconditional approval by the relevant antitrust authorities. The investment strengthens...

Hellenic Shipping News · 11:00 UTC

The Maritime and Port Authority of Singapore (MPA) and NUSX, the entrepreneurial heart of the National University of Singapore (NUS), announced the winners of the 10th PIER71 Smart Port Challenge (SPC) at its Grand...

Hellenic Shipping News · 11:00 UTC

UAE-based bunker supplier Sea Leader has started delivering marine fuels, by barge, at five locations in eastern India. Sea Leader made its first delivery on 16 October, supplying the NZ Ningbo at a berth in Budge...

Hellenic Shipping News · 11:00 UTC

Russian semifinished steel export flows have increasingly shifted away from the Black Sea toward Baltic ports in 2026, as disruptions to traditional southern export routes reshape shipment patterns and tighten the...

Hellenic Shipping News · 11:00 UTC

Copper futures declined toward $6.20 per pound on Thursday, approaching fresh four-month lows as the US dollar strengthened amid growing expectations of more aggressive Federal Reserve rate hikes following...

Hellenic Shipping News · 11:00 UTC

Energy – Oil slips as Middle East output rebounds Oil prices edged lower this morning, with Brent around $91/bbl as recovering Middle East supply eased immediate concerns over availability. OPEC crude production...

Hellenic Shipping News · 11:00 UTC

Oil markets have been on a roller coaster this year given events in the Middle East. However, we are going into year-end with oil flows from the region near pre-war levels despite the lack of a deal between the US and...

Hellenic Shipping News · 11:00 UTC

Saudi Arabia’s crude oil production surged 26% to 10.56 million barrels per day in October, its highest level since before the outbreak of the war, as Gulf producers continued restoring supplies despite ongoing regional...

Hellenic Shipping News · 11:00 UTC

The Middle East conflict will have long-lasting impacts on the global energy market, with the greatest threat to refined products such as gasoline and diesel, said a panelist at the 2026 Federal Reserve Energy...

Hellenic Shipping News · 11:00 UTC

West Africa’s growth story will increasingly depend on whether its gas, power, energy infrastructure and regional trade systems can scale together. Rising demand from urbanization, industry, electrification and...

Hellenic Shipping News · 11:00 UTC

European shares edged higher on Thursday, striking a fresh record high, as robust corporate earnings and the region’s defensive composition offset volatility in technology stocks triggered by mounting leadership turmoil...

Hellenic Shipping News · 11:00 UTC

USD: Hawkish skew ahead The combination of hawkish Fedspeak and a US CPI beat earlier this week continues to pay dividends for the dollar. DXY is now back at Liberation Day (April 2025) levels, with real front-end rate...

Hellenic Shipping News · 11:00 UTC

International Container Terminal Services, Inc. reported double-digit growth in volumes, revenues and earnings for the first nine months of 2026. Consolidated volume reached 12,114,429 TEUs in the nine months, up 13%...

Container News · 10:00 UTC

Oslo-listed seismic specialist TGS has secured an ocean bottom node contract offshore Namibia from an undisclosed repeat customer. A deepwater crew is scheduled to mobilise in the fourth quarter of 2026, with the survey...

Splash247 · 10:00 UTC

Brazilian soybean exports have smashed all previous records, with shipments during the first ten months of 2026 already exceeding the whole of last year’s total, providing a significant boost to dry bulk shipping...

Splash247 · 09:11 UTC

South Korean container shipping company HMM reported a sharp increase in earnings for the third quarter of 2026, with operating profit rising 370% year-on-year amid improvements in operational efficiency and...

Container News · 09:00 UTC

Traditional loans demand repayments regardless of freight markets. Earnings-sharing structures offer a different proposition: investors participate in a vessel’s fortunes while owners retain control. Captain Vikas...

Splash247 · 08:03 UTC

Hapag-Lloyd reported a sharp improvement in third-quarter earnings in 2026, supported by higher freight rates and strong vessel utilisation, while upgrading its full-year earnings outlook amid continued favourable...

Container News · 08:00 UTC

Danish shipping giant AP Moller-Maersk has confirmed another cybersecurity breach after hackers gained access to an older IT system and extracted data, nearly a decade after the devastating NotPetya attack that cost the...

Splash247 · 07:45 UTC

Bunker prices have plunged by as much as 20% in less than two weeks as hopes of an easing of the Iran conflict send oil markets tumbling, offering shipowners some relief from what is still expected to be the most...

Splash247 · 07:27 UTC

Ivar Hansson Myklebust, chair and CEO of Norway’s Belships, believes the shipping industry continues to underestimate the growth potential of developing economies. Ahead of his appearance at Geneva Dry 2027, he...

Splash247 · 07:15 UTC

One of the world’s largest shipowners has given its take on where it sees the gas, dry bulk, and tanker markets heading in the coming years. The global VLCC fleet will see a significant expansion despite the...

Splash247 · 07:10 UTC

The global container ship orderbook is approaching 16 million teu. There is roughly 46.5% of the fleet now in service, the highest ratio since 2009, and deliveries are already booked into 2030 and 2031. The post How...

Container News · 07:00 UTC

The Office of Foreign Assets Control (OFAC) in the US has fined two freight forwarders in 13 months and underscored their responsibilities as gatekeepers of international trade. But what happens when the biggest...

The Loadstar · 06:25 UTC

Agility Global reported a 22% increase in revenue for the third quarter of 2026, supported by growth across its aviation services, fuel logistics and industrial real estate operations. The Abu Dhabi-listed logistics...

Container News · 06:00 UTC

Actions by a relatively new group of cybercriminals that have targeted many transportation companies in turn have led to lawsuits filed by employees of three big names that have gotten caught up in the crook’s web. The...

FreightWaves · 01:59 UTC

ZERO HEDGE writes: (Submitted by QTR’s Fringe Finance, originally posted 10 Nov) Just wanted to offer up a quick lesson this morning because every time the market stages one of these violent next-day bounces like...

The Loadstar · 00:53 UTC