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France’s biggest port has unveiled an investment plan of unprecedented scale as Marseille-Fos races to secure a stronger foothold in the Mediterranean container market. The new 2025–2029 strategic blueprint, approved this week, calls for up to €1.3bn ($1.5bn) in spending — triple the previous five-year cycle — as the port doubles down on terminal upgrades, …
https://splash247.com/marseille-fos-maps-out-1-5bn-expansion-through-2029/
https://splash247.com/marseille-fos-maps-out-1-5bn-expansion-through-2029/In a busy week for HMM’s expansion plans, South Korea’s flagship line has tapped Hanwha Ocean to build four 13,000 teu ships in a deal worth $730m. The ships will deliver in 2029. On Monday, Splash reported HMM had contracted HD Hyundai for eight 13,400 teu LNG dual-fuel containerships, in a deal worth $1.46bn. HMM …
https://splash247.com/hmm-orders-four-boxships-at-hanwha-ocean/
https://splash247.com/hmm-orders-four-boxships-at-hanwha-ocean/The Suez Canal Authority was in bullish form this week, suggesting that many shipping companies are readying to ditch the Cape of Good Hope and return to Red Sea transits, something that will have an enormous impact on freight rates. Diana Shipping made its move on New York-listed Genco Shipping & Trading, tabling a cash …
https://splash247.com/splash-wrap-all-eyes-on-the-suez-canal/
https://splash247.com/splash-wrap-all-eyes-on-the-suez-canal/Russia will find out today whether it has secured a return to shipping’s regulatory inner circle — or whether the political freeze is set to continue. Russia is attempting to claw its way back into the International Maritime Organization’s top decision-making body, setting up one of the most politically charged council elections in years at …
https://splash247.com/russia-mounts-comeback-bid-for-imos-top-table/
https://splash247.com/russia-mounts-comeback-bid-for-imos-top-table/Canada's Prime Minister Mark Carney signed an agreement with Alberta's premier on Thursday that rolls back certain climate rules to spur investment in energy production, while encouraging construction of a new oil pipeline to the West Coast.Under the agreement…
https://www.marinelink.com/news/carney-changes-climate-requirements-532949
https://www.marinelink.com/news/carney-changes-climate-requirements-532949South Korean police and Labour Ministry officials raided on Thursday the shipyard of Hanwha Ocean in Geoje in the southeast of the country after the death of a worker, the Yonhap News Agency reported.A spokesperson for Hanwha Ocean said in a text message that company officials were "cooperating with
https://www.marinelink.com/news/police-raid-korean-shipyard-death-worker-532950
https://www.marinelink.com/news/police-raid-korean-shipyard-death-worker-532950This week, container ship ordering news was dominated by the order by Hyundai Merchant Marine (HMM) for eight 13,400 TEU container ships.In a newly released report, the International Federation of Freight Forwarders Associations (FIATA) notes that the container fleet is aging.
https://www.marinelink.com/news/ports-geopolitics-driving-container-fleet-532952
https://www.marinelink.com/news/ports-geopolitics-driving-container-fleet-532952Wind propulsion company bound4blue has expanded its industrial footprint in Asia with the establishment of new production capabilities in China, alongside the signing of strategic regional partnerships to accelerate adoption of its proven eSAIL®…
https://www.marinelink.com/news/boundblue-targets-asian-growth-532953
https://www.marinelink.com/news/boundblue-targets-asian-growth-532953Stena Line, and the UK’s largest port operator, Associated British Ports (ABP), are to commence work on a new freight ferry terminal at the Port of Immingham. The new terminal represents a joint investment of more than £200 million ($265 million)…
https://www.marinelink.com/news/stena-line-abp-start-work-immingham-532954
https://www.marinelink.com/news/stena-line-abp-start-work-immingham-532954Today, Thursday, November 27 2025, the Baltic Dry Index climbed by 79 points, reaching 2480 points. Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry ...
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-2480-up-79-points/
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-2480-up-79-points/