Marine News

1. Inadequate lookouts may have led to North Sea crash, initial report finds

   Further investigation to focus on navigation and watchkeeping practices, as well as condition of vessels. It will also dive into the use of the offshore area for anchorage.

2. Trump closes duty-free loophole for cheap Chinese goods – air freight gets hit

   Previously, shipments of smaller packages have been exempt from duty, but a new executive order from the US president now removes that option.

3. Departing boss Kalleklev finds Flex LNG in good shape and ready for the future

   The Flex LNG boss believes his exit makes “good sense”. As for the future, the departing chief executive is keeping his options open.

4. Opinion: Unpredictability triggered by the US tariff war is going to hurt

   The tariff war could harm container lines, put world trade on hold and will create a lot of extra work, writes Lars Jensen.

5. Rhenus Logistics appoints new head of air and ocean freight

   The German logistics company also expands its management board with three members who will be part of transforming the company and ensuring continued expansion.

6. Russian scam insurance blacklisted by seven countries

   Several ships have been ordered to immediately cease operations and drop anchor.

7. Specialist maritime law firms in the UK merge

   Tatham & Co and Sea Green Law have merged to create a 22-lawyer practice.

8. DHL aims for 50% revenue growth by 2030

   This is expected to happen through organic growth as well as M&A opportunities in an increasingly volatile world. The company’s main focus will be on non-US trade lanes. 

9. Hapag-Lloyd expects Suez to reopen late this year at the earliest

   Hapag-Lloyd’s chief exec is more pessimistic about the reopening of the Suez Canal for container shipping today than a few months ago.

10. Trump is willing to negotiate tariffs – if he gets a "phenomenal" offer

    Danske Bank estimates that the US tariff plan could mean that China’s exports to the US will be hit by tariffs of up to 70%, thus necessitating Chinese retaliation.

11. Stolt-Nielsen eyes continued tanker market pressure amid uncertain times

    Norwegian Stolt-Nielsen delivered a weak start to the year as predicted. However, there are signs of more stable prices and supply, says the shipping company.

12. Maersk expects customer reactions to Trump's wide-reaching tariff scheme

    The shipping and logistics major promises customers the opportunity to speed up or slow down goods and potentially redirect flows to alternative markets.

13. Habben Jansen says hail of tariffs will upend demand and the flow of goods

    Prices are relatively high in the US, where people will still need to import goods from abroad, says the Hapag-Lloyd chief executive.

14. Maersk and Eneos invest USD 100m in US methanol project

    Developed by Maersk-owned C2X, the project will be able to produce half a million tons of the green methanol fuel annually when fully phased in.

15. World's top ports handled significantly more cargo in 2024

    However, Port of Hong Kong was a notable exception to the positive picture, according to analyst firm.