The survey covers an area of approximately 218 square kilometers, located around 46 kilometers off England’s east coast. Operations are being conducted around the clock by GEOxyz’s 41.9-meter vessel Geo Ocean IV.

The vessel is using a hull-mounted multibeam echosounder to map seabed elevation and morphology and collect backscatter data.

According to a Notice to Mariners, adverse weather has extended the survey schedule, with completion now expected by October 30, weather permitting.

East Anglia Two is a 960 MW offshore wind farm set to comprise 64 Siemens Gamesa SG 14-236 DD turbines installed on monopile foundations. Preparations for construction are progressing, with offshore work scheduled to start in 2027.

ScottishPower Renewables recently completed the installation of two ducts beneath the Suffolk coastline for the project’s export cables.

The offshore wind farm is expected to enter commercial operation in late 2028.

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Singapore-based Portek has interests in seven ports in Algeria, Gabon, Indonesia, Latvia, Malta and Vietnam, as well as providing port engineering, operation and maintenance services.

The latest deal continues an acquisition spree at A.P Moller Capital, which last month announced an agreement to acquire a majority stake in Euroports Group, and in August agreed to buy a majority stake in Globex Investments.

Portek’s terminals handle a mix of 700,000 containers, 7m tonnes of bulk cargo, and 90,000 vehicles each year, A.P. Moller Capital said. The company employs around 1,400 people.

As the new owner, A.P. Moller Capital said it intends to build on the company’s existing capabilities and support its next phase of development, including a focus on operational performance and emissions reduction planning.

The deal remains subject to closing conditions and regulatory approvals.

Portek became a Mitsui subsidiary in 2011 after the Japanese company outbid rival buyer ICTSI with a $180m takeover bid.Under Mitsui’s ownership, Portek has invested in modernising its terminal operations, including the implementation of a new terminal operating system at Riga Universal Terminal in March 2025. Its operations also face further infrastructure investment requirements, with Valletta Gateway Terminals pursuing shore-power development and equipment upgrades while approaching the final decade of its concession, and Gabon’s port authority has called for further investment under Portek’s Port-Gentil concession.

Semih Gökmen, partner at A.P. Moller Capital, said: “Portek is a strong fit with our investment strategy and active owner philosophy. It is an established business with a diversified portfolio of port operations serving important trade flows across three continents, supported by experienced local operating teams. Our domain expertise across ports and logistics gives us a strong foundation from which to work with the Portek team, build on the company’s existing capabilities and support its next phase of development.”

Kim Thagaard Pedersen, director at A.P. Moller Capital added: “Portek is a differentiated ports platform with established positions across its markets. We see significant potential to build on its existing capabilities and, working closely with the management and local operating teams, to support its continued

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The Californian port handled 997,177 teu in September eclipsing the previous monthly record of 987,191 teu in October 2024. The port credited the record volume number to an inclusion shippers’ cost-saving strategies against high diesel costs, Panama Canal access restrictions and a possible new US – China trade deal.

Imports fuelled September’s throughput at the Port of Long Beach with a 31.3% jump to 509,390 teu compared to the same month in 2025. The surge in imports see the ratio of import to export boxes exceeding 5:1 with the port handling 91,747 teu of exports.

The latest volume figures from the Port of Long Beach underscore that the early arriving peak season on the transpacific trade is also extending later into the year than usual.

“Shippers continue to lean on the Port of Long Beach as a reliable partner in their business strategies, leading to our historic month for cargo,” commented Port of Long Beach CEO Dr. Noel Hacegaba. “Every milestone brings us closer to achieving our long-term goal of doubling cargo volumes to 20 million teu annually by 2050 as we build the Port of the Future.”Year-to-date, the Port of Long Beach has moved 7.68 million teu through September, up 3.9% compared to the same period last year

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Two of its vessels, the 4,350 teu GSF Giselle and the 2,824 teu GFS Pride were reportedly damaged yesterday, with GFS Pride subsequently sinking while GFS Giselle suffered minor damage. All crew, from both vessels were reported safe.

The events in the Strait of Hormuz that have occurred since late February are an indication of the rapidly fluctuating fortunes currently being experienced at sea.

X-Press Feeders remains the world’s largest feeder operator by deployed capacity, although its fleet has contracted by 7.1% year-on-year, as per Alphaliner’s survey on 21 September. Fallout from the Middle East conflict forced X-Press to make service cuts across the region, which is the main reason for the decline,” commented Alphaliner.

A similar story can be seen with DP World’s operator, Shipping Solutions (SS), which reduced its capacity by 2.5%, but whereas X-press Feeders capacity was down nearly 14,000 teu to 182.776, SS capacity edged down to 147,807 teu.

While the GFS fleet, which until yesterday had 55 vessels, had ballooned 145,116 teu shrinking the gap to SS by more than 40,000 teu to just 2,700 teu.

SS operates 85 ships, reduced from 94 in 2025, but the average size of the ships has increased from 1,613 teu to 1,739 teu.

GFS Pride was the only vessel deployed on the company’s fortnightly KFK service operating a shuttle between Khalifa, Jebel Ali and Karachi in Pakistan. The route required the vessel to transit the Strait of Hormuz, where the Iranian National Guard Corps said it struck a mine.

According to Alphaliner the Middle East and Indian Subcontinent markets remain GFS’s core markets, “And accounted for the bulk of its growth”.

Some of that Middle East growth for GFS has been in the Red Sea, another flashpoint for the region, but one that has seen mainline operators returning to in a concerted move to return to the far shorter Suez route.

Both SS and X-Press have reduced their presence in the Arabian Gulf, with X-Press shifting capacity to the Latin American and European trades. The carrier has cut Middle East Indian Subcontinent services, re-deploying some 38,000 teu in the process.

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The scope includes the fabrication of subsea spools and structures for Northern Lights Phase II and follows Worley Rosenberg’s delivery of comparable subsea structures and spools for the project’s first phase in 2023.

“This award strengthens our position in the growing subsea market and further expands our role in delivering infrastructure that enables large‑scale CO2 reduction,” said Jan Narvestad, Managing Director of Worley Rosenberg.

“CCS will be a critical part of achieving global climate goals, particularly for industries where emissions are difficult to eliminate. Northern Lights is one of the most important CCS projects under development today. The award secures activity for our fabrication facilities and deepens our competitive reach in delivering infrastructure for the energy transition.”

To remind, the joint venture of Equinor, Shell and TotalEnergies injected and stored the first CO2 volumes as part of the Northern Lights project in August 2025, marking the start of operations of what is said to be the world’s first third-party CO2 transport and storage facility.

The project’s first phase is part of Longship, the Norwegian Government’s full-scale carbon capture and storage project (CCS). Phase I is in operation from the Øygarden terminal outside Bergen.

The JV partners announced in March 2025 the final investment decision (FID) for the second phase, which will increase the project’s capacity from 1.5 million tons of CO2 per annum (mtpa) to more than 5 mtpa.

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Minesto revealed that, after years of improving the process, it had achieved its fastest turnaround to date, with a complete service intervention of a Dragon 4 power plant performed within 48 hours in Vestmannasund, Faroe Islands.

The intervention included recovery, extraction of the nacelle for inspection of the upgraded generator following its first ten weeks of operation, maintenance activities, reassembly, quality and functional checks, and redeployment offshore. The work was carried out during a low-production tidal period.

The ability to complete a full service operation and return the system to power production in only 48 hours demonstrates a key competitive advantage of our technology,” said Martin Edlund, Minesto’s CEO.

“High performance is important, but equally important is the ability to maintain the system cost efficiently. Notably, our method does not rely on sophisticated and expensive infrastructure, making it suitable for remote locations and areas of the world without port infrastructure and access to advanced marine engineering capabilities.”

Minesto notes that the central feature of the concept is the ability to swap subsystems, such as the nacelle, during short intervention campaigns. By using spare modules, more extensive inspections, maintenance activities and upgrades can be performed onshore without impact on availability and energy yield

The successful turnaround demonstrates both the maturity of the Dragon Technology and the efficiency of our operational procedures. Through long-term cooperation with our local contractor SJH Offshore, we have progressively refined our methods through repeated campaigns, and today we can perform advanced service interventions while keeping downtime to a minimum. This capability becomes increasingly valuable as we move towards larger commercial deployments and multi-unit installations,” said Bernt Erik Westre, CTO of Minesto.

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The competition is estimated to be worth around GBP 3.5 billion (approximately EUR 4 billion), making it the largest Offshore Transmission Owner (OFTO) tender round to date.

The competitive process will seek an owner for the project’s offshore transmission assets, which carry electricity generated by the wind farm to the onshore grid.

Hornsea 3’s offshore transmission system comprises two offshore converter stations, which were installed by September 2026, and offshore export cables, the first of which was laid and pulled ashore at the beginning of this year. The transmission infrastructure also includes onshore cables and a converter station in Norfolk, connecting the wind farm to the national grid.Located around 120 kilometres off the Norfolk coast, Hornsea 3 will comprise 197 Siemens Gamesa 14 MW turbines. Foundation installation began earlier this year, and inter-array cable installation is scheduled to start in October. The project is expected to enter operation in 2027.Ofgem’s previous tender round (Round 13) covered the transmission assets for East Anglia Three, Inch Cape and Dogger Bank C, with a combined estimated value of GBP 3.5 billion. With Round 14 for the Hornsea 3 assets estimated to be worth the same, this will be the largest OFTO competition to date, according to Ofgem.

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The UK naval organisation issued four “late-time reports” of attacks that took place in the Strait of Hormuz on 11 October involving three tankers and a container ship.

In a relatively rare incident involving a box ship UKMTO said a container vessel was struck by unknown projectile during an inbound transit of the Strait of Hormuz on 11 October. According to maritime security firm Vanguard Tech the vessel was Indian-registered, however, no further details were given

Attacks on container ships in the Strait are infrequent with major lines staying away from Hormuz transits, although there is some smaller feeder traffic continuing to operate.

In three other attacks on 11 October a crude oil tanker and product tanker were reported struck by unknown projectiles during outbound transits of the Strait of Hormuz, and in another incident a tanker was struck by an unknown projectile during an outbound transit and the crew were reported to be safe. The product tanker was identified as the Panama-flagged Kition M by Vanguard, and it also said one of the tankers was the Bahamas-flagged Ever Vict.

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The association has adopted a new contractual addendum aimed at encouraging investment in energy-saving retrofits by addressing the commercial disconnect between shipowners paying for equipment and charterers benefiting from reduced fuel consumption.The Energy Saving Device Retrofit Addendum 2026 provides a framework for owners and charterers to agree how the costs, time implications and financial benefits of installing energy-saving technology should be shared during a time charter.Under traditional time charter arrangements, shipowners investing in fuel-saving equipment may see little direct financial return during a charter period, as charterers typically pay for bunkers and therefore benefit from reductions in fuel consumption. Charterers meanwhile are less incentivised to invest in energy saving technologies except where payback periods are significantly shorter than charters.

The new addendum addresses a long-standing commercial challenge. Energy-saving technologies have become increasingly sophisticated, but investments in retrofit projects have been complicated by a misalignment of commercial interests between owners and charterers,” said Stinne Taiger Ivø, Bimco deputy secretary general and director of contractual affairs.

The flexible addendum allows parties to negotiate arrangements appropriate to individual retrofit projects, adapting to specific investments and returns. The framework is technology-neutral, applicable to a range of energy-saving solutions, such as wind-assisted propulsion, hull modifications and other fuel-efficiency technologies.

The agreement comes as shipowners increasingly invest in energy-saving retrofits to reduce fuel costs and emissions. Fuel efficiency is a commercial advantage that grows in significance as fuel prices increase. Fuel prices have risen in the wake of disruption in the Middle East and are expected to increase further in the long term as the industry transitions to low carbon fuels.

The growth in wind-assisted propulsion and other efficiency technologies is also bringing greater attention to the measurement and verification of fuel savings. Reliable data will be key to enabling owners and charterers to negotiate how retrofit benefits should be shared.Bimco’s new addendum also provides a framework for addressing the implications of existing and future environmental regulations, it said, as the industry faces increasingly complex compliance obligations.

The EU Emissions Trading System and FuelEU Maritime have added new costs and incentives linked to vessel emissions and energy performance, while the UK has also expanded its emissions trading regime to domestic maritime activities.

Bimco has previously developed dedicated clauses addressing the allocation of emissions trading and FuelEU Maritime compliance responsibilities between contractual parties, including new clauses for ship sale and purchase agreements adopted in December 2025.

“The shipping industry is under increasing pressure to cut emissions and improve energy efficiency. Our objective has been to create a practical tool that can help unlock investments in retrofit solutions and support the industry’s decarbonisation efforts,” said Nicholas Fell, chairperson of Bimco’s Documentary Committee.

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Drewry data shows Shanghai to Rotterdam rates declined 2% to $3,337/feu and Shanghai to Genoa prices were down just $6 week-on-week, the decline was more than $430/feu in the previous week.

Summer cargo levels have been unprecedented, with Container Trades Statistics stating that “August 2026 delivered yet another record month for global container trade.”

With freight movements reaching 17.46m teu, August surpassed the previous record set a month earlier in July and was 4.7% higher in the first eight months of the year, compared to 2025.

CTS said that the Pacific, up 5% year-on-year, and Sub-Saharan Africa, up 13%, have contributed to the increases, but CTS figures necessarily lag behind the market and in October Asian holidays will play a role.

Clearly, the Golden Week holidays have played a part in the softening of rates, but Drewry added: “Six blank sailings have been announced for next week, up from five this week, indicating a slight reduction in scheduled capacity.”

The consultant said that carriers are attempting to stop the slide by introducing higher FAK rates, from the second half of this month.

Even with the cuts to capacity and the attempts to prevent further rate erosion it remains unclear whether the carriers can make those increases stick.

“The faster-than-expected return to the Suez route remains the biggest threat to carrier efforts to support rates, which have declined for 13 consecutive weeks on the Asia–Europe trade,” said Drewry.

Drewry expects both the Asia to Europe and Pacific trades to remain volatile in the short-term with geopolitical and climate events causing capacity limitations.

Since July, however, spot rates out of Asia “Have fallen heavily,” noted Xeneta’s chief analyst Peter Sand.

“The Mediterranean is taking the biggest hit, down 43% since 1 July, while North Europe is down 34%. The pace of the decline has eased a little, but rates are still elevated and the trend is still downward, so we are not at the floor yet,” warned Sand.

As the European contracting season is now in full swing, carriers’ attempts to arrest the slide on European rates will be more concerning. Shippers, however, may welcome the respite, as the market situation finally swings toward the carrier’s customers, as they benchmark long-term charges against spot rates.

“Demand has been very strong all year, not least into Europe, but it could not keep growing at double digits indefinitely. As demand eases from a very high level, the fight for capacity eases too, and even freight forwarders are now getting better deals from carriers in long-term contract negotiations,” said Sand.

Related:Container shippers focus on service delivery over cost

Xeneta data shows Pacific rate growth has stabilised, increasing just 1.1% and 0.5% week-on-week to the US West and East coasts, respectively.

Conversely, European spot rates fell 2.5% to North European destinations, and 5.9% to the Mediterranean.

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