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transportation
Panama
02-08-2025
Panama Ports Says It Will Discuss Ports Sale With Panama Government
On Friday, Panama Ports Company (PPC) announced plans to discuss the potential sale of its two key ports, Balboa and Cristobal, located at either end of the Panama Canal, with the Panama government at an appropriate stage in the process. The company empha
China
03-08-2025
Costamare Reveals Four-Ship Newbuild Play in China
Greek containership owner Costamare has announced an order for four 3,100 TEU vessels from an undisclosed shipyard in China. This move marks the company's return to the newbuilding market after several years. The vessels are scheduled for delivery
South Korea
01-08-2025
South Korea Commits $150B to Help Revive US Shipbuilding
South Korea has committed $150 billion to a fund aimed at revitalizing the United States’ shipbuilding industry, as part of a broader $350 billion trade agreement finalized with Washington on July 31, 2025. This deal secures a reduced U.S. tarif
Portugal
31-07-2025
Portugal Plans $4.6 Billion in Port Investments by 2035, Mostly Private
On Wednesday, Portugal’s government launched a 4 billion euro ($4.6 billion) initiative to upgrade its major ports over the next 10 years. Private companies will finance 75% of the project, which focuses on improving maritime infrastructure and
China
30-07-2025
COSCO Rolls Out 14‑Vessel Shipbuilding Push at Domestic Yards
COSCO Shipping Development, the financing division of COSCO Shipping, has initiated a significant shipbuilding program, commissioning 14 new vessels at Chinese shipyards. The order includes 10 newcastlemax bulk carriers and four asphalt carriers, reinforc
China
29-07-2025
China’s First All-Electric Passenger Ship Sets Sail With CATL’s Innovative Battery System
The Yujian 77, China’s first all-electric maritime tourism passenger ship, powered by a marine battery system from CATL, began operations in Xiamen Bay on July 25, 2025. According to a CATL press release, this milestone provides tourists with a
Belgium
02-08-2025
PSA Antwerp Joins Zero Emission Port Alliance to Drive Decarbonization
PSA Antwerp (PSAA), a Belgium-based terminal operator under PSA International, has joined the Zero Emission Port Alliance (ZEPA) to advance decarbonization efforts in the port industry. The alliance unites terminal operators, ports, and stakeholders to pr
China
28-07-2025
Robert Allan to Design Electric Tug for China’s Tianjin Port
Canadian naval architecture firm Robert Allan has been contracted to design a battery-electric tugboat for Tianjin Port in Northern China. The AmpRA 3600 tug, to be built at Jiangsu Zhenjiang Shipyard, marks the first Robert Allan-designed fully electric
China
25-07-2025
Sea Legend Launches China–Europe Arctic Container Service
Sea Legend Shipping, a Singapore-based, Chinese-controlled container line, will introduce a direct shipping service connecting China and northern Europe via the Northern Sea Route (NSR) in September 2025. This seasonal service, leveraging the Arctic&r
China
24-07-2025
COSCO Shipping Grows LNG-Powered Car Carrier Fleet With 7,500 Ceu Newbuild
On July 22, 2025, COSCO Shipping, a leading marine transportation company in China, announced the addition of a new LNG dual-fuel car carrier, Cheng Kang Kou, to its fleet. The naming ceremony took place in Xiamen, marking the vessel’s readiness
United States
23-07-2025
MARAD Announces $8.75 Million in Grants to Revitalize U.S. Shipyards
The U.S. Maritime Administration (MARAD) has allocated $8.75 million in grants through the Small Shipyard Grant program to enhance U.S. shipyards. The initiative aims to strengthen the nation’s shipbuilding and repair capabilities by supporting
China
22-07-2025
China’s Cosco Seeks Veto Power in Deal for LI Ka-Shing’s Ports
On Monday, China’s state-owned China Cosco Shipping Corporation announced its intent to join a global consortium acquiring 43 overseas ports owned by Hong Kong-based CK Hutchison Holdings, led by business tycoon Li Ka-shing. The consortium, whic
China
21-07-2025
MSC’s Boxship Binge Rolls on With 10 More Giants Ordered Across China
Mediterranean Shipping Company (MSC) has announced new orders for 10 ultra-large container vessels, further expanding its extensive shipbuilding pipeline, which now surpasses the fleet capacity of Ocean Network Express, the world’s sixth-largest
China
18-07-2025
BYD Names, Delivers Seventh Car Carrier ‘BYD ZHENG ZHOU'
On July 16, BYD named and delivered its seventh roll-on/roll-off (ro-ro) vessel, BYD ZHENG ZHOU, in Guangzhou, as shared on the Zhengzhou Airport Economy Zone’s WeChat account. The ship will soon arrive at Xiaomo Port in the Shenshan Special Coo
China
17-07-2025
Chinese Shipyard Starts Building Stolt Tankers’ Future-Proof Stainless Steel Vessels
Wuhu Shipyard, a subsidiary of China State Shipbuilding Corporation (CSSC), initiated construction of a 38,000 dwt stainless steel tanker for Norwegian operator Stolt Tankers with a steel-cutting ceremony on June 30. This vessel is the first in a series o
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