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15 March 2025
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Mar 15, 2025Splash247
In the latest maritime bombshell coming out of Washington DC, the Federal Maritime Commission, the country’s shipping regulator, has warned it might bar entry to ships from countries found to be causing choke points at key locations around the world.
The FMC yesterday opened an investigation into transit constraints at international maritime chokepoints, particularly concerning the effects of the laws, regulations or practices of foreign governments, and the practices of owners or operators of foreign-flag vessels, on shipping conditions in these chokepoints.
The shipping passages under investigation are the English Channel, the Malacca Strait, the Northern Sea Passage, the Singapore Strait, the Panama Canal, the Strait of Gibraltar, and the Suez Canal.
“Remedial measures the Commission can take in issuing regulations to address conditions unfavourable to shipping in U.S. foreign trade include refusing entry to U.S. ports by vessels registered in countries responsible for creating unfavourable conditions,” the FMC warned yesterday.
In the 53 days since Donald Trump returned to power in the Washington DC, the global trading order has been torn up, with the new administration lashing out with tariffs, claims on the Panama Canal, and plans to charge Chinese-built ships calling in US among a string of policies that have unsettled world trade.
“As the Trump 2.0 reality show unfolds, as it does daily, often with singular market-moving tweets, we might as well suspend trying to make credible forecasts of future supply-demand balance across shipping sectors. Underwhelming spot earnings render shipping sentiment downbeat while we seek greater clarity on today’s geopolitical, trade and social threats,” noted a recent report from broker Hartland Shipping.
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Ashdod Port Unveils Infrastructure Upgrade Plan Worth Over $450MIsrael’s Ashdod Port Company has announced an infrastructure investment program valued at approximately NIS 1.5bn ($458m) to enhance efficiency and expand capabilities.
The investment program includes a series of projects to modernise and optimise the port’s facilities, with a focus on transforming quays into specialised terminals according to cargo segments.
This specialisation is designed to streamline operations and strengthen the port’s role as a key national infrastructure asset.
The port looks to buy 12 electric ERTG cranes as part of a broader plan to acquire 34 cranes by 2030, as well as construct a dedicated electrical substation, and expand the container storage yard behind Quay 21, increasing its capacity by an additional 4,000 containers.
Funds will also be allocated for the advanced jib cranes, along with several complementary infrastructure projects currently underway.
The jib cranes are part of the company’s plans to optimise Quays 7 and 9 for general cargo and bulk operations. These new cranes, with a maximum working radius of 48 meters, can handle general cargo, bulk materials, and heavy project loads weighing up to 124 tons. The upgraded quays will accommodate vessels of up to 100,000 tons.
The company has also launched the second phase of the Quay 21 upgrade project. This phase includes the construction of a new container storage yard in the quay’s hinterland, procurement of the ERTG cranes, and establishment of a transformation station and dedicated electrical substation. A new transformation station has already been completed.
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port & ship
28 October 20252 min readAshdod Port Unveils Infrastructure Upgrade Plan Worth Over $450M
Splash247
28 October 2025
port-and-ship
World’S Biggest 10,000-Ton Pure Electric Cargo Ship “Gezhouba” Enters ServiceThe world’s biggest 10,000-ton pure electric transport ship called Gezhouba was launched in Yichang, in western Hubei province of China.
The ship is 129.98 m long, 22 m wide and 7.7 m deep with a draft of 6.5 m and a maximum deadweight of 13,740 tons.
It will mainly transport bulk commodities found along the Changjiang River.
The ship has 12 sets of containerised lithium-ion battery packs, totalling 24,000 kWh.
The batteries can be charged quickly and replaced in just 30 minutes, offering a cruising range of up to 500 km, enabling long-distance cargo transportation.
This futuristic ship integrates 4G, 5G, BeiDou navigation, and satellite communications into a multi-link network, allowing for remote navigation control and automated berthing and unberthing operations.
It is also a pioneer of smart management across the ship, port and shore. After its commissioning, electric propulsion has replaced 617.5 tons of fuel oil, decreasing carbon dioxide emissions by around 2052 tons and contributing to green navigation in inland waterway shipping.
Per reports, the vessel achieved breakthroughs in areas like new energy propulsion, navigation control, and supporting infrastructure while successfully validating several core technologies, including massive-capacity batteries and DC integrated power systems.
Watch this video to know more-
Credits: China Xinhua News
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Disclaimer : The information contained in this website is for general information purposes only. While we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
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port & ship
26 October 20253 min readWorld’S Biggest 10,000-Ton Pure Electric Cargo Ship “Gezhouba” Enters Service
Marine Insight
26 October 2025
port-and-ship
St. Johns Ship Building Sets New 100-Ton Rough Terrain Crane Into ServiceSt. Johns Ship Building (SJSB), a subsidiary of Americraft Marine Group, announced the receipt and commissioning of a new 100-ton Link-Belt rough terrain crane, acquired through funding provided by the U.S. Department of Transportation’s Maritime Administration (MARAD) Small Shipyard Grant Program.
The Link-Belt 100|RT is fabricated and assembled in Lexington, Kentucky, U.S.A. This heavy-lift crane expands the shipyard’s material-handling and modular assembly capabilities, supporting a growing backlog of both commercial and government vessel programs.
The 100|RT crane features a five-section, full-power boom extending to 155 feet and an optional tip height of 237 feet, along with Link-Belt’s PULSE 2.0 operating system, real-time telematics, and a modern ergonomic operator cab. The unit’s under-95,000-pound transport weight and one-person fly erection technology make it one of the most versatile heavy-lift cranes in its class.
Marine Link
port & ship
22 October 20251 min readSt. Johns Ship Building Sets New 100-Ton Rough Terrain Crane Into Service
Marine Link
22 October 2025
port-and-ship
Uae’S Humanitarian Aid Ship Sails To Gaza With 7200 Tonnes Of Relief SuppliesUAE’s humanitarian ship left for Gaza as part of Operation Chivalrous Knight 3, loaded with 7200 tonnes of relief supplies to meet the urgent needs of the Palestinians.
There are 4680 tonnes of food, 2160 tonnes of shelter material, winter clothes, tents, 360 tonnes of medical supplies, and 4 water tanks.
The people of Gaza suffer from a lack of necessities like food, water and availability of hygiene products. Hundreds of women and children have died, and many have become handicapped and malnourished.
UAE’s charitable organisations have collaborated to provide this aid to the people of Gaza.
This operation shows the UAE’s humanitarian approach and its commitment to relief efforts, setting an example of effective response to support those in need across the world.
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Disclaimer : The information contained in this website is for general information purposes only. While we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.
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port & ship
19 October 20253 min readUae’S Humanitarian Aid Ship Sails To Gaza With 7200 Tonnes Of Relief Supplies
Marine Insight
19 October 2025
port-and-ship
38 Kilograms Of Cocaine Found Inside A Shipping Container Of Bananas At Piraeus PortAuthorities in Greece struck another major blow to drug trafficking networks, confiscating over 38 kilograms of cocaine hidden inside a shipping container of bananas at the Port of Piraeus.
The narcotics were found during an operation conducted by the Directorate for Combating Organised Crime, the Narcotics Division, and the Customs and Financial authorities.
Per police reports, 33 packages with cocaine weighing around 38.2 kilograms were found hidden between the refrigeration unit and the inner wall of the container.
The container had arrived by ship from a foreign country, carrying 1080 cartons of bananas destined for Piraeus.
Authorities estimated that the street value of the seized cocaine could exceed a million euros.
Investigation is ongoing to trace the origins and intended recipients of the drug and to ascertain whether the case has links to the international drug trafficking mafia.
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Disclaimer : The information contained in this website is for general information purposes only. While we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.
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port & ship
19 October 20253 min read38 Kilograms Of Cocaine Found Inside A Shipping Container Of Bananas At Piraeus Port
Marine Insight
19 October 2025
port-and-ship
South Korea’S Hmm Orders 12 Eco-Friendly Container Ships In $2.3 Billion DealHMM, South Korea’s largest shipping company, has placed an order for twelve eco-friendly container ships with domestic shipbuilders in a deal worth 3.05 trillion won ($2.3 billion).
The 13,000 TEU (twenty-foot equivalent unit) vessels will be constructed by HD Hyundai Heavy Industries and Hanwha Ocean, and all will be powered by liquefied natural gas (LNG).
The order marks HMM’s first major domestic shipbuilding investment in seven years and forms part of the company’s mid-to-long-term growth strategy, announced last year, which focuses on fleet expansion and meeting stricter carbon emission regulations.
According to classification society DNV, LNG fuel can reduce greenhouse gas emissions by more than 23%, nitrogen oxides by over 80%, and sulfur oxides by more than 99% compared with conventional fuels.
The new vessels will supplement HMM’s existing fleet, which includes nine methanol-fuelled and two LNG-fuelled container ships. The company aims to strengthen its environmental credentials while increasing shipping capacity.
HMM has a history of large-scale domestic orders. In 2018, it commissioned twenty ships, twelve 24,000-TEU vessels and eight 16,000-TEU vessels, for around 3.1532 trillion won.
Further orders followed, including twelve 13,000-TEU ships in 2021 at 1.7776 trillion won, and nine 9,000-TEU methanol-fuelled ships in 2023 for 1.4128 trillion won.
Company sources said the new investment will help HMM expand its fleet and strengthen its eco-friendly operations. They added that HMM will keep investing in fleet growth and alternative fuels under its 2030 mid-term plan.
Analysts noted that the order will benefit South Korea’s shipbuilding sector, which has been recovering after several years of cyclical downturns, driven by rising global demand for low-emission vessels.
Clarkson Research data shows that about half of all vessels ordered last year were powered by alternative fuels, with LNG accounting for 70% of those orders.
References: The Chosun, asiae
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👉 Get Electrical eBooks
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👉 Browse Pocket Guide eBooks
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👉 Grab Combo Pack Offers
6. Digital Maritime Courses – Learn at Your Own Pace
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👉 Join Online Maritime Courses
Disclaimer : The information contained in this website is for general information purposes only. While we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
Disclaimer : The information contained in this website is for general information purposes only. While we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.
Marine Insight
port & ship
17 October 20254 min readSouth Korea’S Hmm Orders 12 Eco-Friendly Container Ships In $2.3 Billion Deal
Marine Insight
17 October 2025
port-and-ship
Valaris Lands $140M Drilling Deal With Bp In EgyptNew York-listed offshore drilling company Valaris Limited has won a five-well contract with Bp Exploration Delta Limited for drillship Valaris DS-12 in Egypt.
The deal is expected to commence in the second quarter 2026 and has an estimated duration of 350 days.
The estimated total contract value, inclusive of a mobilization fee, is approximately $140m. The contract also includes three option wells.
“We are pleased that DS-12 will return to Egypt with bp, building on our successful exploration campaign together. With this award, we continue to execute our commercial strategy, having now contracted all four drillships that have near-term availability. Looking ahead, we expect to secure additional attractive work for our high-specification drillships,” said Anton Dibowitz, president and chief executive officer.
Valaris operates a rig fleet of ultra-deepwater drillships, versatile semisubmersibles and shallow-water jackups.
Shipping Telegraph
port & ship
15 October 20251 min readValaris Lands $140M Drilling Deal With Bp In Egypt
Shipping Telegraph
15 October 2025
port-and-ship
Valaris Lands $140M Drillship Deal With BpNew York-listed offshore driller Valaris has won a contract for one of its drillships from a subsidiary of supermajor BP.
The contract for the 2014-built Valaris DS-12 is for five wells with BP Exploration Delta Limited in Egypt.
The deal is expected to commence in the second quarter of 2026 and has an estimated duration of 350 days.
The estimated total contract value, inclusive of a mobilisation fee, is approximately $140m. The contract also includes three option wells.
“With this award, we continue to execute our commercial strategy, having now contracted all four drillships that have near-term availability. Looking ahead, we expect to secure additional attractive work for our high specification drillships,” said Anton Dibowitz, president and CEO of Valaris.
Splash247
port & ship
14 October 20251 min readValaris Lands $140M Drillship Deal With Bp
Splash247
14 October 2025
port-and-ship
Us Port Fees, And $3 Billion In Costs, Loom For Owners Of Chinese-Built Shipsin Port News
09/10/2025
The U.S. is one week away from imposing port fees on certain vessels with links to China, a move expected to cost the top 10 carriers $3.2 billion next year as President Donald Trump seeks to address China’s growing dominance on the high seas.
“While some observers believe the October 14 deadline may be extended — or even scrapped — as part of broader negotiations, the uncertainty has already unsettled carriers, adding another layer of geopolitical risk to fleet deployment strategies,” S&P said in a report this week.
Trump’s administration said fees imposed on ships built, owned or operated by Chinese entities will help pay to revive U.S. shipbuilding. A law to direct that long-term funding is making its way through the U.S. Congress with strong bipartisan support.
In an update late last week, the U.S. Trade Representative put ship owners on notice that they, not the agency, are responsible for establishing if the fees apply.
“The burden for determining if a vessel owes the fee is on the operator, NOT CBP,” USTR said.
It also said fees must be paid through the Department of the Treasury’s Pay.gov website, not at the port of entry.
Vessels owned or operated by a Chinese entity will face a flat fee of $80 per net tonnage per voyage to the U.S. Non-Chinese operators of Chinese-built ships will be charged the higher amount of either $23 per net tonnage or $154 per 20-foot equivalent unit capacity. Both fees are imposed on a ship no more than five times a year, maritime technology and data provider Alphaliner said.
Following intense industry push back, USTR significantly eased fees from initial proposals, exempted many U.S.-based operators and extended the timeline for fees on liquefied natural gas (LNG) carriers.
On the other hand, it expanded fees to include any non-U.S. built roll-on/roll-off auto carriers – with exceptions for U.S.-flagged ships.
Alphaliner estimated that Chinese carrier COSCO 601919, including its OOCL fleet, is most exposed to the fees.
COSCO’s fees could be as much as $1.53 billion next year – nearly half of the $3.2 billion projected for the top 10 cargo carriers, it said.
Many other carriers, including France’s CMA CGM, said they re-deployed Chinese-built ships to avoid the fees.
Meanwhile, Beijing has responded. Premier Li Qiang signed a decree pledging countermeasures against any discriminatory measures on Chinese ships or crews.
Trump and Chinese President Xi Jinping are slated to meet at the Asia-Pacific Economic Cooperation (APEC) summit scheduled for late October through November 1 in South Korea.
Last year, U.S. shipyards built fewer than 10 commercial ships. China shipyards, many of which build both commercial and military vessels, turned out well over 1,000.
Source: Reuters
Hellenic Shipping News
port & ship
10 October 20253 min readUs Port Fees, And $3 Billion In Costs, Loom For Owners Of Chinese-Built Ships
Hellenic Shipping News
10 October 2025
port-and-ship
Hudson Structured Capital Management Announces $719 Million Closing Of Hudson Northern Shipping Fund V Lpin International Shipping News
09/10/2025
Hudson Structured Capital Management Ltd. (“HSCM”), an investment manager focused on alternative assets across the Transportation and Re/Insurance sectors, announced the final closing of Hudson Northern Shipping Fund V LP (“HSNF V” or the “Fund”) with total commitments of $719 million, exceeding its $700 million target. HNSF V primarily invests in senior loans and capital leases secured by vessels.
The Fund received commitments from both new and existing investors, consisting primarily of public pension plans and insurance companies. As part of the Fund offering, HSCM structured a rated note feeder vehicle to invest in the Fund, which was capitalized by the issuance of notes, a majority of which received investment-grade rating from an independent third-party rating agency at closing. Ratings are opinions and are not guarantees of future performance.
“The final closing of HNSF V reflects a major milestone for the Hudson Northern Shipping strategy, as it is our largest fund vintage to date. Demand for non-bank lending has continued to grow, and we are excited to have broadened our investor base to allow us to meet the needs of our customers” said Jason Braunstein, Co-Chief Investment Officer for the strategy.
“We are pleased to announce the launch of a rated note feeder vehicle focused exclusively on blue-water shipping,” said Michael Millette, Managing Partner of HSCM. “This structure has allowed new investors to access this lightly-correlated sector.”
Performance Trust Capital Partners LLC acted as structuring advisor and Haynes Boone acted as counsel for the rated note feeder vehicle. Seward & Kissel LLP acted as fund counsel for HNSF V.
Hudson Structured Capital Management Ltd. is an asset manager focused on alternative investments in the Re/Insurance and Transportation sectors. The firm pursues opportunities across primary, secondary, and structured transactions with an emphasis on disciplined underwriting, alignment, and capital efficiency.
Source: Hudson Structured Capital Management Ltd.
Hellenic Shipping News
port & ship
10 October 20252 min readHudson Structured Capital Management Announces $719 Million Closing Of Hudson Northern Shipping Fund V Lp
Hellenic Shipping News
10 October 2025
port-and-ship
Alternative Lender Hudson Structured Raises $719M For Ship FinanceUS alternative financier Hudson Structured Capital Management (HSCM) has raised $719m for its latest shipping vehicle, marking the Connecticut-based firm’s largest maritime fund to date.
The new fund, Hudson Northern Shipping Fund V (HNSF V), exceeded its $700m target, underscoring continued investor appetite for ship finance outside traditional banking channels.
Based in Stamford, HSCM said the fund will primarily invest in senior loans and capital leases secured by vessels, targeting opportunities across the blue-water shipping market. The investor base includes a mix of public pension plans and insurance companies, with both new and returning backers participating in the round.
As part of the offering, HSCM structured a rated note feeder vehicle for the fund — capitalised through the issuance of notes, most of which were granted investment-grade ratings by an independent agency.
“The final closing of HNSF V reflects a major milestone for the Hudson Northern Shipping strategy, as it is our largest fund vintage to date,” said Jason Braunstein, co-chief investment officer at HSCM, adding: “Demand for non-bank lending has continued to grow, and we are excited to have broadened our investor base to meet that need.”
Managing partner Michael Millette noted that the new note vehicle “allows fresh investors to access this lightly correlated sector,” helping diversify capital sources for the maritime industry.
Splash247
port & ship
10 October 20252 min readAlternative Lender Hudson Structured Raises $719M For Ship Finance
Splash247
10 October 2025
port-and-ship
Rio Tinto And Partners To Invest $733 Million In Pilbara Iron Ore Projectin Commodity News
08/10/2025
Rio Tinto RIO said on Tuesday it along with its joint venture partners Mitsui Iron Ore and Nippon Steel 5401 will invest $733 million to develop new iron ore deposits at the West Angelas hub in Western Australia’s Pilbara region.
Rio Tinto, which will contribute $389 million, said the West Angelas Sustaining project will maintain the hub’s annual production capacity at 35 million tonnes, extending mining operations for several years.
The construction will create about 600 jobs, while around 950 full-time roles will be sustained once the project becomes operational. Autonomous trucking of ore is set to begin in 2027.
Mining major Rio added the project forms part of a suite of replacement iron ore developments across Pilbara, supporting a total capacity of around 130 million tonnes per annum.
The West Angelas hub has been a critical part of Rio Tinto’s operations since 2002. Beyond this project, Rio Tinto is advancing a pre-feasibility study for Rhodes Ridge, targeting an initial capacity of up to 40 million tonnes per annum and first ore by 2030.
Shares of Rio Tinto RIO rose 0.9% to A$124.72, outperforming the broader benchmark index XJO, which edged 0.1% lower as of 2329 GMT.
The miner also recently opened the $2 billion Western Range iron ore mine in partnership with China Baowu Steel Group, aimed at sustaining output from its Paraburdoo hub in the Pilbara for up to two decades.
Source: Reuters
Hellenic Shipping News
port & ship
09 October 20252 min readRio Tinto And Partners To Invest $733 Million In Pilbara Iron Ore Project
Hellenic Shipping News
09 October 2025
port-and-ship