<div class="phx-topic abstract-wrapper">Westwood Shipping has found new use for its fleet of four BulkCon ships. The carrier, which has specialized in transporting forest products since 1892, added refrigerated cargoes to the mix in the summer of 2013.
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Westwood Shipping has found new use for its fleet of four BulkCon ships. The carrier, which has specialized in transporting forest products since 1892, added refrigerated cargoes to the mix in the summer of 2013.

<div>Westwood Shipping has found new use for its fleet of four BulkCon ships. The carrier, which has specialized in transporting forest products since 1892, added refrigerated cargoes to the mix in the summer of 2013.Westwood’s BulkCon vessels have bulk capacity below deck and the ability to carry 200 20-foot-equivalent-unit containers on deck. “Last summer, we started a reefer program because we saw a need and an opportunity, but we are doing it slowly,” said Corey Heinz, regional vice president for Asia sales. “For reefer shippers, we have several advantages: We aren’t slowing down at all. We’re small, so there is...

Westwood Shipping has found new use for its fleet of four BulkCon ships. The carrier, which has specialized in transporting forest products since 1892, added refrigerated cargoes to the mix in the summer of 2013. Westwood’s BulkCon vessels have bulk capacity below deck and the ability to carry 200 20-foot-equivalent-unit containers on deck. “Last summer, we started a reefer program because we saw a need and an opportunity, but we are doing it slowly,” said Corey Heinz, regional vice president for Asia sales. “For reefer shippers, we have several advantages: We aren’t slowing down at all. We’re small, so there is high-touch service. And we call at ports not already served, so it’s direct service and doesn’t require a lot of inland shipping.” He said the carrier has 15 to 20 reefer loads on each fortnightly sailing, but from an equipment and plug standpoint, there is plenty of room to expand. “We’re going to grow the program, but if someone came in and said we want to put 50 or 60 reefer boxes on each sailing starting next month, we’d have to really sit down and talk about it. We want to grow, but we want to do it well, so it may be slow,” Heinz said. “We think we’re a good fit for the reefer shippers that want to reach our markets and have products with shorter shelf life. We go direct to a number of ports that aren’t served by anyone else. There is no transship component, so there are no missed connections. The end-user can come pick up a box right away,” he said. Some shippers, frustrated at slow-steaming and dropped port calls, especially by the major trans-Pacific container carriers, are looking for other options. One appealing, but expensive, alternative would be an expedited container service that would cater mainly to high-value reefer cargoes and other high-value time-sensitive cargoes. “The concept of a high-speed dedicated vessel has been discussed,” said Bill Duggan, vice president for North American refrigerated services at Maersk Line. “We do get together and say, ‘What if we did this, or could we do that?’ It’s appealing in many ways, but there is a definite cost to the carrier. It all comes down to demand for it,” he said. Because the service would be more costly than on the regular slow-steaming routes, shippers would have to study the equation carefully, Duggan said. “If we get your box to Yokohama three or four days faster, will it go directly to a market or restaurant or does it go into storage? If it goes into storage at the destination, I’m not sure anyone would be willing to pay more for a service that would cost carriers a significant amount more,” he said. Putting together such a service in the east-west trades would be difficult, and shippers other than food exporters would have to be interested. Terry Brown, president and CEO of Seaonus and Diversified Port Holdings, said he envisions other service possibilities. “There has to be a magic number or a formula where at some point slow-steaming doesn’t work for some shippers,” he said. “There will be some opportunities for niche reefer operators like Seatrade.” A record number of conventional breakbulk reefer vessels were scrapped last year, leaving the global fleet much reduced. “At some point, we will see more conventional reefer vessels built,” Brown said. Contact Stephanie Nall at stephnalljoc@gmail.com .

Cool Cargo News

Forwarding

Reefer Ships, Expedited Service Could Add Speed to Perishables

<div class="phx-topic abstract-wrapper">The new service comes as cargo owners are facing a drop in direct connections between Japan and the main markets of Europe and North America.</div>

The new service comes as cargo owners are facing a drop in direct connections between Japan and the main markets of Europe and North America.

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<div class="phx-topic">CMA CGM will launch a standalone ocean express service connecting Japan and Europe beginning in April using 14 container ships ranging in size from 7,000 to 10,000 TEUs, the carrier said Friday. The weekly service, called Ocean Rise, will start April 2 and includes calls at Japan’s leading ports including Yokohama, Nagoya and Kobe, plus Yantian in southern China, Rotterdam and Hamburg. The Marseille-based carrier said in a statement there will be a 38-day transit from Yokohama to Rotterdam, with 41 days to Hamburg. From Yantian, cargo will reach Rotterdam in 32 days and Hamburg in 35 days. “Shippers can expect greater schedule reliability, streamlined transit flows, and a more resilient end-to-end service…,” CMA CGM said. The full rotation will be Kobe, Nagoya, Yokohama, Xiamen, Yantian, Rotterdam, Hamburg, Southampton, Nansha, and Kobe. <h3>Decline in direct connections from Japan </h3>The new service comes as cargo owners are facing a drop in direct connections between Japan and the main markets of Europe and North America, with carriers instead transshipping cargo at ports such as South Korea’s Busan and Qingdao in northern China. While container volumes at Japan’s main ports have steadily increased, the ports are prone to berth congestion, leading to delays. Carriers such as Ocean Network Express (ONE) regularly skip calls or alter port rotations at Japanese ports such as Kobe, Osaka, Nagoya, and Yokohama to maintain schedule reliability, according to recent service schedules. Carriers ending direct services include those in the Premier Alliance, which will halt express connections between Japan and Europe when it launches its new schedules in April, instead relying on a shuttle network to link Japanese ports and Busan. The alliance, comprising ONE, HMM and Yang Ming, will split its Far East Pacific 1 (FP1) pendulum service connecting North Europe, Asia, and the US West Coast into two separate loops, PS1 and FE1, from April. While direct links between the US West Coast and Tokyo, Nagoya and Kobe will be maintained under the PS1 service, the Japanese ports will be dropped from the FE1 loop that will connect Thailand and Vietnam with Europe instead. That follows the delivery of larger 13,000- to 15,000-TEU ships that will replace the 9,000-TEU vessels deployed on the FP1 service. Contact Keith Wallis at <a href="mailto:keithwallis@hotmail.com">keithwallis@hotmail.com.</a></div>

CMA CGM will launch a standalone ocean express service connecting Japan and Europe beginning in April using 14 container ships ranging in size from 7,000 to 10,000 TEUs, the carrier said Friday. The weekly service, called Ocean Rise, will start April 2 and includes calls at Japan’s leading ports including Yokohama, Nagoya and Kobe, plus Yantian in southern China, Rotterdam and Hamburg. The Marseille-based carrier said in a statement there will be a 38-day transit from Yokohama to Rotterdam, with 41 days to Hamburg. From Yantian, cargo will reach Rotterdam in 32 days and Hamburg in 35 days. “Shippers can expect greater schedule reliability, streamlined transit flows, and a more resilient end-to-end service…,” CMA CGM said. The full rotation will be Kobe, Nagoya, Yokohama, Xiamen, Yantian, Rotterdam, Hamburg, Southampton, Nansha, and Kobe. Decline in direct connections from Japan The new service comes as cargo owners are facing a drop in direct connections between Japan and the main markets of Europe and North America, with carriers instead transshipping cargo at ports such as South Korea’s Busan and Qingdao in northern China. While container volumes at Japan’s main ports have steadily increased, the ports are prone to berth congestion, leading to delays. Carriers such as Ocean Network Express (ONE) regularly skip calls or alter port rotations at Japanese ports such as Kobe, Osaka, Nagoya, and Yokohama to maintain schedule reliability, according to recent service schedules. Carriers ending direct services include those in the Premier Alliance, which will halt express connections between Japan and Europe when it launches its new schedules in April, instead relying on a shuttle network to link Japanese ports and Busan. The alliance, comprising ONE, HMM and Yang Ming, will split its Far East Pacific 1 (FP1) pendulum service connecting North Europe, Asia, and the US West Coast into two separate loops, PS1 and FE1, from April. While direct links between the US West Coast and Tokyo, Nagoya and Kobe will be maintained under the PS1 service, the Japanese ports will be dropped from the FE1 loop that will connect Thailand and Vietnam with Europe instead. That follows the delivery of larger 13,000- to 15,000-TEU ships that will replace the 9,000-TEU vessels deployed on the FP1 service. Contact Keith Wallis at keithwallis@hotmail.com.

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CMA CGM to launch standalone Japan-Europe express service in April

<div class="phx-topic abstract-wrapper">Five services are covered by the adjustments, which are being made to give “stronger market coverage and faster products,” on the trades, Hapag-Lloyd said. </div>

Five services are covered by the adjustments, which are being made to give “stronger market coverage and faster products,” on the trades, Hapag-Lloyd said.

<div class="phx-topic">Gemini Cooperation partners Maersk and Hapag-Lloyd on Friday announced a revamp of some Asia-Europe and Mediterranean alliance services, with extra port calls and larger ships, mainly beginning in April. Five services are covered by the adjustments, which are being made to give “stronger market coverage and faster products on key Asia-North Europe and Mediterranean trades,” Hapag-Lloyd said in an advisory. The most significant change on Asia-Europe services has been made on the AE3/NE3 loop which will see the introduction of a Baltic rotation with calls at Aarhus (Denmark) and Gothenburg (Sweden), significantly enhancing market coverage in that region. Southampton will become the final European outbound call to Asia, strengthening UK export flows, while Spain’s Algeciras will be dropped from the rotation, the carriers said. In Asia, the service will call at Shenzhen’s Yantian port, “improving optionality for customers favoring Pearl River Delta connectivity,” Hapag-Lloyd said. While the service will continue to start from Shanghai, the call at Ningbo has been relinquished. The new rotation is: Shanghai, Yantian, Tanjung Pelepas (Malaysia), London Gateway, Aarhus, Gothenburg, Rotterdam, Southampton, and Singapore. The Gemini partners confirmed that Antwerp would be added to the AE1/NE2 service, but the loop would no longer call at APM Terminals TC1 facility in Tangier. The call at Tanger Alliance TC3 terminal will continue. The Antwerp call, initially announced by the carriers in an advisory earlier this month, will expand the “hinterland reach and improving access to key Benelux and European cargo flows,” Hapag-Lloyd said Friday. The first westbound sailing will be made by the 23,664-TEU Hamburg Express that will depart Shanghai on March 6 and call Antwerp on April 21. The revised rotation is: Shanghai, Yantian, Tanjung Pelepas, Rotterdam, Hamburg, Antwerp, London Gateway, Tangier (TC3), and Singapore. Hapag-Lloyd said the NE4/AE4 loop will revert to its previous rotation without the Baltic loop, which is now covered by the NE3. “This creates one of the fastest, direct Ningbo-Germany connections in the market, responding to strong customer demand,” the carrier said. Consequently, Maersk said calls will be added at Ningbo and Algeciras, but Yantian will be dropped. The full loop comprises Qingdao, Ningbo, Tanjung Pelepas, London Gateway, Bremerhaven and Hamburg in Germany, Rotterdam, Algeciras, and Tanjung Pelepas. <h3>Larger ships deployed on Asia-Med services </h3>The major change on Asia-Mediterranean services is the deployment of 20,000-TEU vessels on the AE15/SE3 loop, which will replace ships of around 13,000 to 14,000-TEUs, including the 13,169-TEU Essen Express currently assigned on the route. The ships will increase capacity and product strength on the service, Hapag-Lloyd said. Calls will also be added at Port Said in Egypt and the new hub terminal at nearby Damietta, with Istanbul and Izmit in Turkey served via dedicated shuttle connections. Hapag-Lloyd said the new, simplified rotation comprising Qingdao, Gwangyang, Ningbo, Tanjung Pelepas, Port Said, Damietta, Colombo, and Singapore “will enhance service robustness.” The final changes are to the AE12/SE1 service that will see Algeciras and Singapore added to the port rotation. The revised loop is Ningbo, Shanghai, Tanjung Pelepas, Algeciras, Koper (Slovenia), Rijeka (Croatia), Algeciras, and Singapore. The Gemini partners said further changes would be made to the Asia-Mediterranean services when they decide to revert to routing the loops through the Red Sea and the Suez Canal. They gave no timeline when that might happen. The revamp of the alliance services came as Maersk and Hapag-Lloyd <a href="https://www.joc.com/article/maersk-hapag-lloyd-to-reroute-some-march-sailings-away-from-red-seasuez-6177149">announced Friday they would reroute some Suez Canal and Red Sea services</a> back via the Cape of Good Hope because of “unforeseen constraints” in the volatile region. Contact Keith Wallis at <a href="mailto:keithwallis@hotmail.com">keithwallis@hotmail.com</a>. </div>

Gemini Cooperation partners Maersk and Hapag-Lloyd on Friday announced a revamp of some Asia-Europe and Mediterranean alliance services, with extra port calls and larger ships, mainly beginning in April. Five services are covered by the adjustments, which are being made to give “stronger market coverage and faster products on key Asia-North Europe and Mediterranean trades,” Hapag-Lloyd said in an advisory. The most significant change on Asia-Europe services has been made on the AE3/NE3 loop which will see the introduction of a Baltic rotation with calls at Aarhus (Denmark) and Gothenburg (Sweden), significantly enhancing market coverage in that region. Southampton will become the final European outbound call to Asia, strengthening UK export flows, while Spain’s Algeciras will be dropped from the rotation, the carriers said. In Asia, the service will call at Shenzhen’s Yantian port, “improving optionality for customers favoring Pearl River Delta connectivity,” Hapag-Lloyd said. While the service will continue to start from Shanghai, the call at Ningbo has been relinquished. The new rotation is: Shanghai, Yantian, Tanjung Pelepas (Malaysia), London Gateway, Aarhus, Gothenburg, Rotterdam, Southampton, and Singapore. The Gemini partners confirmed that Antwerp would be added to the AE1/NE2 service, but the loop would no longer call at APM Terminals TC1 facility in Tangier. The call at Tanger Alliance TC3 terminal will continue. The Antwerp call, initially announced by the carriers in an advisory earlier this month, will expand the “hinterland reach and improving access to key Benelux and European cargo flows,” Hapag-Lloyd said Friday. The first westbound sailing will be made by the 23,664-TEU Hamburg Express that will depart Shanghai on March 6 and call Antwerp on April 21. The revised rotation is: Shanghai, Yantian, Tanjung Pelepas, Rotterdam, Hamburg, Antwerp, London Gateway, Tangier (TC3), and Singapore. Hapag-Lloyd said the NE4/AE4 loop will revert to its previous rotation without the Baltic loop, which is now covered by the NE3. “This creates one of the fastest, direct Ningbo-Germany connections in the market, responding to strong customer demand,” the carrier said. Consequently, Maersk said calls will be added at Ningbo and Algeciras, but Yantian will be dropped. The full loop comprises Qingdao, Ningbo, Tanjung Pelepas, London Gateway, Bremerhaven and Hamburg in Germany, Rotterdam, Algeciras, and Tanjung Pelepas. Larger ships deployed on Asia-Med services The major change on Asia-Mediterranean services is the deployment of 20,000-TEU vessels on the AE15/SE3 loop, which will replace ships of around 13,000 to 14,000-TEUs, including the 13,169-TEU Essen Express currently assigned on the route. The ships will increase capacity and product strength on the service, Hapag-Lloyd said. Calls will also be added at Port Said in Egypt and the new hub terminal at nearby Damietta, with Istanbul and Izmit in Turkey served via dedicated shuttle connections. Hapag-Lloyd said the new, simplified rotation comprising Qingdao, Gwangyang, Ningbo, Tanjung Pelepas, Port Said, Damietta, Colombo, and Singapore “will enhance service robustness.” The final changes are to the AE12/SE1 service that will see Algeciras and Singapore added to the port rotation. The revised loop is Ningbo, Shanghai, Tanjung Pelepas, Algeciras, Koper (Slovenia), Rijeka (Croatia), Algeciras, and Singapore. The Gemini partners said further changes would be made to the Asia-Mediterranean services when they decide to revert to routing the loops through the Red Sea and the Suez Canal. They gave no timeline when that might happen. The revamp of the alliance services came as Maersk and Hapag-Lloyd announced Friday they would reroute some Suez Canal and Red Sea services back via the Cape of Good Hope because of “unforeseen constraints” in the volatile region. Contact Keith Wallis at keithwallis@hotmail.com .

Asia-Europe

Gemini partners unveil revamp of some Asia services to Europe, Med

<div class="phx-topic abstract-wrapper">Separate statements from the Gemini partners said “unforeseen constraints” prompted the moves, which come as the US weighs a possible military strike on Iran. </div>

Separate statements from the Gemini partners said “unforeseen constraints” prompted the moves, which come as the US weighs a possible military strike on Iran.

<div class="phx-topic">Gemini Cooperation partners Maersk and Hapag-Lloyd are rerouting some Suez Canal and Red Sea services back via the Cape of Good Hope because of “unforeseen constraints” in the volatile region, the carriers said Friday. Separate statements from the carriers did not detail those constraints, but the moves come as the US weighs a possible military strike on Iran over that country’s nuclear program. Washington has built up a massive naval presence in the region in advance of a potential attack. “We are currently experiencing unforeseen constraints arising from the wider operating environment in the Red Sea region,” the carriers said. “After conversations with our security partners, it is clear that these constraints are making it challenging to avoid delays in regard to passage through the area.” Major liners have mostly avoided the Red Sea/Suez route since late 2023 when Houthi militants operating in Yemen began their attacks on commercial shipping to protest Israel’s move into Gaza, forcing lengthy diversions around southern Africa. With the US possibly targeting Iran, there are fears the Tehran-backed Houthis could resume attacks on vessels to launch a proxy war in retaliation. Maersk and Hapag-Lloyd said selected sailings on their ME11/IMX service connecting India, the Mediterranean and Spain would be affected starting next month. The weekly loop — known as the ME11 for Maersk and the IMX for Hapag-Lloyd — calls Jebel Ali (Dubai), Mundra and Nhava Sheva (India), Salalah (Oman), Port Tangier (Morocco), Valencia (Spain) and Port Said (Egypt). A source at Maersk <a href="https://www.joc.com/article/gemini-india-med-service-the-next-to-plan-return-to-red-seasuez-passage-6152941">told the Journal of Commerce in mid-January</a> that the service would resume transits through the Red Sea and Suez “shortly.” Maersk also said in its statement Friday that some sailings on its independently operated MECL service connecting the Middle East and India with the US East Coast would also switch back to sailing around southern Africa. That service had <a href="https://www.joc.com/article/maersk-set-to-resume-regular-suez-transits-on-india-usec-mecl-loop-sources-6152441">only resumed transits through the Red Sea/Suez weeks ago.</a> <h3>Trans-Suez route remains a priority for other sailings </h3>The Gemini partners said the first westbound Cape of Good Hope sailing on the ME11/IMX service will be made by the 15,282-TEU Maersk Houston departing Salalah on March 5. The first eastbound sailing will be by the 15,226-TEU Maersk Hamburg departing Port Tangiers on March 8. Maersk added that the first eastbound vessel on its MECL service making the longer Cape of Good Hope voyage will be the 6,648-TEU Maersk Senang departing Port Tangiers on March 1. The 6,200-TEU Maersk Detroit will make the first westbound detour, leaving Salalah on March 11. The Cape of Good Hope diversions announced Friday cover the first half of March. “On all additional sailings, we continue to prioritze the trans-Suez route for these services as it is the fastest, most sustainable and most efficient way for us to serve our customers,” both carriers said their separate statements. Contact Keith Wallis at <a href="mailto:keithwallis@hotmail.com">keithwallis@hotmail.com</a>. </div>

Gemini Cooperation partners Maersk and Hapag-Lloyd are rerouting some Suez Canal and Red Sea services back via the Cape of Good Hope because of “unforeseen constraints” in the volatile region, the carriers said Friday. Separate statements from the carriers did not detail those constraints, but the moves come as the US weighs a possible military strike on Iran over that country’s nuclear program. Washington has built up a massive naval presence in the region in advance of a potential attack. “We are currently experiencing unforeseen constraints arising from the wider operating environment in the Red Sea region,” the carriers said. “After conversations with our security partners, it is clear that these constraints are making it challenging to avoid delays in regard to passage through the area.” Major liners have mostly avoided the Red Sea/Suez route since late 2023 when Houthi militants operating in Yemen began their attacks on commercial shipping to protest Israel’s move into Gaza, forcing lengthy diversions around southern Africa. With the US possibly targeting Iran, there are fears the Tehran-backed Houthis could resume attacks on vessels to launch a proxy war in retaliation. Maersk and Hapag-Lloyd said selected sailings on their ME11/IMX service connecting India, the Mediterranean and Spain would be affected starting next month. The weekly loop — known as the ME11 for Maersk and the IMX for Hapag-Lloyd — calls Jebel Ali (Dubai), Mundra and Nhava Sheva (India), Salalah (Oman), Port Tangier (Morocco), Valencia (Spain) and Port Said (Egypt). A source at Maersk told the Journal of Commerce in mid-January that the service would resume transits through the Red Sea and Suez “shortly.” Maersk also said in its statement Friday that some sailings on its independently operated MECL service connecting the Middle East and India with the US East Coast would also switch back to sailing around southern Africa. That service had only resumed transits through the Red Sea/Suez weeks ago. Trans-Suez route remains a priority for other sailings The Gemini partners said the first westbound Cape of Good Hope sailing on the ME11/IMX service will be made by the 15,282-TEU Maersk Houston departing Salalah on March 5. The first eastbound sailing will be by the 15,226-TEU Maersk Hamburg departing Port Tangiers on March 8. Maersk added that the first eastbound vessel on its MECL service making the longer Cape of Good Hope voyage will be the 6,648-TEU Maersk Senang departing Port Tangiers on March 1. The 6,200-TEU Maersk Detroit will make the first westbound detour, leaving Salalah on March 11. The Cape of Good Hope diversions announced Friday cover the first half of March. “On all additional sailings, we continue to prioritze the trans-Suez route for these services as it is the fastest, most sustainable and most efficient way for us to serve our customers,” both carriers said their separate statements. Contact Keith Wallis at keithwallis@hotmail.com .

Maersk, Hapag-Lloyd to reroute some March sailings away from Red Sea/Suez

<div class="phx-topic abstract-wrapper">Onshore wind and AI energy support offer twin strands of positivity for wind shippers operating in the US despite the Trump administration’s battle against renewable energy. </div>

Onshore wind and AI energy support offer twin strands of positivity for wind shippers operating in the US despite the Trump administration’s battle against renewable energy.

<div class="phx-topic">Surging demand for power to support data centers is generating optimism for original equipment manufacturers (OEMs) of wind turbines, even as permitting bans, project suspensions and import tariffs knock the wind out of US renewable energy markets. Turbines for onshore and offshore wind projects are considered a key source of breakbulk and project cargo. Increasing energy demands could propel turbine manufacturing, while <a href="https://www.joc.com/article/trump-administration-seeks-to-undo-court-rulings-favoring-offshore-wind-projects-6173748">US project interruptions and legal wranglings</a> continue to threaten wind equipment production. Amid the Trump administration’s pushback against wind energy, German onshore turbine maker Nordex SE and Danish turbine maker Vestas remain steadfast on playing the long game on US onshore projects as data center construction rapidly drives up power demands. Nordex, which primarily serves the onshore wind market, is projecting gains this year after global project orders grew 10% to $3.7 billion in the fourth quarter and increased 25% to a record high of $11 billion for all of 2025. During the company’s Feb. 26 earnings call, Nordex CEO Jose Luis Blanco cited “momentum” in the US market as customers continue to invest in wind developments. “Unfortunately, projects are pending permits from the federal government,” he said. “And this is something that honestly nobody has a view of when those permits are going to flow.” Despite those holdups, a “super cycle” of mounting energy needs to support AI infrastructure has reinforced the company’s decision to invest in the US long term, Blanco said. “Yes, maybe most of it is going to be delivered by gas, but wind plays a fantastic role to fit more with the demand profile of data centers, which is what has mainly driven electricity demand increase in the US,” he said. Nordex in December secured contracts from Alliant Energy for up to 190 turbines for wind projects in the US Midwest. Nordex will produce the turbines at its West Branch, Iowa, facility, which reopened in July after being shuttered for 12 years. <h3>Surge in onshore wind activity </h3>Vestas came out as bullish on the power generation buildout, with the company forecasting continued growth in 2026 following a year marked by higher onshore activity that offset lower offshore orders. After growing revenues 9% to $22 billion in 2025, Vestas estimates those numbers will increase to between $24 billion to $26 billion in 2026. In its Feb. 5 year-end earnings report, Vestas described US onshore wind as a market characterized by changes to legislation and tariffs, with developers still awaiting clarity on policy issues. “Nevertheless, there remain strong, fundamental drivers of wind power deployment in the USA, in particular the fast-growing electricity demand linked to the rise of AI and the buildout of data centers,” Vestas said. CEO Henrik Andersen confirmed there are opportunities to upgrade aging onshore turbines in the US, adding that modern components make it possible to replace three turbines with one and still generate more electricity. “It’s ongoing. It’s happening. It’s only now a matter of how quickly can you get the permitting, because the capital is there to get it done,” Andersen said during an earnings call. Orders for the year fell 9% to $20.5 billion, driven by fewer offshore orders in Europe, the Middle East, Africa and the Americas. Still, those orders led to a record-high order backlog for Vestas of $84.8 billion for 2025, up 5% from the previous year. <h3>Siemens wind business narrows losses </h3>Meanwhile, tariffs continue to present uncertainties for Spain’s Siemens Gamesa Renewable Energy and for its German parent company Siemens Energy AG. “In the wind power business...the tariff impact was the most substantial of all of ours,” Siemens Energy CFO Maria Ferraro said during the company’s fiscal first-quarter earnings call earlier this month. “So of course, we're watching that very carefully,” However, the US accounted for the company’s largest growth contributor because of a $470 million onshore repowering order, even as orders for the period fell 34% to $1.8 billion. Following a period of volatility related to defective onshore turbines, Siemens Gamesa is set to break even in 2026 after narrowing its FY first-quarter losses to $261 million from $499 million a year ago. Also in the first quarter, Siemens Gamesa received the first order for its SG 7.0 turbine, the successor to the troubled 5.X platform. Major flaws were discovered in 15% to 30% of the manufacturer’s already installed 4.X and 5.X onshore wind turbines in June 2023. <h3>US offshore delays wear down GE Vernova </h3>GE Vernova expects losses to widen in the first quarter after offshore wind project suspensions in the US made a sizeable dent in quarterly and full-year performance. Wind losses are on track to fall to $300 million to $400 million year over year in the first quarter, primarily from lower onshore wind volume and US import tariffs that have cost the company $70 million since the second quarter of 2025. The company’s wind business posted a $225 million loss in earnings before interest, taxes, depreciation and amortization (EBITDA) for the 2025 fourth quarter compared to a gain of $19 million for the same period in 2024. Losses for the year came in at $600 million, higher than initial projections of $400 million, driven by the US government’s Dec. 22 stop-work order on five offshore wind projects, including the Vineyard Wind project using GE Vernova’s blades. “Until that point, our team was on a path to achieve...expectations as they worked to complete the Vineyard Wind project in early January,” CFO Ken Parks said during a Q4 earnings call. A series of court rulings in January and February have allowed those projects to resume, but the Trump administration has pledged to appeal those decisions. Despite US setbacks, GE Vernova’s fourth-quarter wind orders increased 53% year over year to $3.1 billion, driven by improved onshore wind equipment orders, primarily outside of North America. Contact Autumn Cafiero Giusti at <a href="mailto:autumn@autumngiusti.com">autumn@autumngiusti.com</a>.</div>

Surging demand for power to support data centers is generating optimism for original equipment manufacturers (OEMs) of wind turbines, even as permitting bans, project suspensions and import tariffs knock the wind out of US renewable energy markets. Turbines for onshore and offshore wind projects are considered a key source of breakbulk and project cargo. Increasing energy demands could propel turbine manufacturing, while US project interruptions and legal wranglings continue to threaten wind equipment production. Amid the Trump administration’s pushback against wind energy, German onshore turbine maker Nordex SE and Danish turbine maker Vestas remain steadfast on playing the long game on US onshore projects as data center construction rapidly drives up power demands. Nordex, which primarily serves the onshore wind market, is projecting gains this year after global project orders grew 10% to $3.7 billion in the fourth quarter and increased 25% to a record high of $11 billion for all of 2025. During the company’s Feb. 26 earnings call, Nordex CEO Jose Luis Blanco cited “momentum” in the US market as customers continue to invest in wind developments. “Unfortunately, projects are pending permits from the federal government,” he said. “And this is something that honestly nobody has a view of when those permits are going to flow.” Despite those holdups, a “super cycle” of mounting energy needs to support AI infrastructure has reinforced the company’s decision to invest in the US long term, Blanco said. “Yes, maybe most of it is going to be delivered by gas, but wind plays a fantastic role to fit more with the demand profile of data centers, which is what has mainly driven electricity demand increase in the US,” he said. Nordex in December secured contracts from Alliant Energy for up to 190 turbines for wind projects in the US Midwest. Nordex will produce the turbines at its West Branch, Iowa, facility, which reopened in July after being shuttered for 12 years. Surge in onshore wind activity Vestas came out as bullish on the power generation buildout, with the company forecasting continued growth in 2026 following a year marked by higher onshore activity that offset lower offshore orders. After growing revenues 9% to $22 billion in 2025, Vestas estimates those numbers will increase to between $24 billion to $26 billion in 2026. In its Feb. 5 year-end earnings report, Vestas described US onshore wind as a market characterized by changes to legislation and tariffs, with developers still awaiting clarity on policy issues. “Nevertheless, there remain strong, fundamental drivers of wind power deployment in the USA, in particular the fast-growing electricity demand linked to the rise of AI and the buildout of data centers,” Vestas said. CEO Henrik Andersen confirmed there are opportunities to upgrade aging onshore turbines in the US, adding that modern components make it possible to replace three turbines with one and still generate more electricity. “It’s ongoing. It’s happening. It’s only now a matter of how quickly can you get the permitting, because the capital is there to get it done,” Andersen said during an earnings call. Orders for the year fell 9% to $20.5 billion, driven by fewer offshore orders in Europe, the Middle East, Africa and the Americas. Still, those orders led to a record-high order backlog for Vestas of $84.8 billion for 2025, up 5% from the previous year. Siemens wind business narrows losses Meanwhile, tariffs continue to present uncertainties for Spain’s Siemens Gamesa Renewable Energy and for its German parent company Siemens Energy AG. “In the wind power business...the tariff impact was the most substantial of all of ours,” Siemens Energy CFO Maria Ferraro said during the company’s fiscal first-quarter earnings call earlier this month. “So of course, we're watching that very carefully,” However, the US accounted for the company’s largest growth contributor because of a $470 million onshore repowering order, even as orders for the period fell 34% to $1.8 billion. Following a period of volatility related to defective onshore turbines, Siemens Gamesa is set to break even in 2026 after narrowing its FY first-quarter losses to $261 million from $499 million a year ago. Also in the first quarter, Siemens Gamesa received the first order for its SG 7.0 turbine, the successor to the troubled 5.X platform. Major flaws were discovered in 15% to 30% of the manufacturer’s already installed 4.X and 5.X onshore wind turbines in June 2023. US offshore delays wear down GE Vernova GE Vernova expects losses to widen in the first quarter after offshore wind project suspensions in the US made a sizeable dent in quarterly and full-year performance. Wind losses are on track to fall to $300 million to $400 million year over year in the first quarter, primarily from lower onshore wind volume and US import tariffs that have cost the company $70 million since the second quarter of 2025. The company’s wind business posted a $225 million loss in earnings before interest, taxes, depreciation and amortization (EBITDA) for the 2025 fourth quarter compared to a gain of $19 million for the same period in 2024. Losses for the year came in at $600 million, higher than initial projections of $400 million, driven by the US government’s Dec. 22 stop-work order on five offshore wind projects, including the Vineyard Wind project using GE Vernova’s blades. “Until that point, our team was on a path to achieve...expectations as they worked to complete the Vineyard Wind project in early January,” CFO Ken Parks said during a Q4 earnings call. A series of court rulings in January and February have allowed those projects to resume, but the Trump administration has pledged to appeal those decisions. Despite US setbacks, GE Vernova’s fourth-quarter wind orders increased 53% year over year to $3.1 billion, driven by improved onshore wind equipment orders, primarily outside of North America. Contact Autumn Cafiero Giusti at autumn@autumngiusti.com .

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Wind OEMs pin hopes on data center energy demands amid US setbacks

<div class="phx-topic abstract-wrapper">Hapag could leverage Zim-owned Gold Star Line’s ready-made ro/ro fleet to expand its offering in the breakbulk market, but overcapacity provides potential headwinds. </div>

Hapag could leverage Zim-owned Gold Star Line’s ready-made ro/ro fleet to expand its offering in the breakbulk market, but overcapacity provides potential headwinds.

<div class="phx-topic">Hapag-Lloyd’s <a href="https://www.joc.com/article/hapag-lloyd-bolsters-fleet-with-42-billion-deal-to-acquire-zim-6170540">planned $4.2 billion takeover of Zim Integrated Shipping Services</a> offers an opportunity to develop the car carrier business established by Zim’s Hong Kong-headquartered affiliate Gold Star Line (GSL), shipping executives say. GSL currently operates two roll-on/roll-off (ro/ro) services linking Asia and Latin America and Asia with Africa. The Gold Star Pacific Vehicle Carrier (GPL) service includes calls at Shanghai, Masan (South Korea) and Yokohama, linking with Mazatlan and Lazaro Cardenas in Mexico, Buenaventura (Colombia) and San Antonio (Chile). Current vessel schedules show on-demand inducement calls at California’s Port Hueneme and Manta in Ecuador. Similarly, the VEC service includes calls such as Kobe (Japan), Taicang and Shanghai in China, Mombasa (Kenya) and Dar es Salaam (Tanzania). Vessels listed under the same service are also calling at Paranagua and Vitoria in Brazil in the next few weeks. Gold Star’s car carriers also call at Ashdod in Israel. GSL has developed its car carrier operations through specialized business, “targeting niche trades where we can provide a competitive service,” a senior source close to the company told the Journal of Commerce. “As a global operator, we have an ability to pivot quickly and efficiently towards areas to help our customers and their pain points,” the executive added. A third GSL ro/ro service connecting Asia and Europe has been suspended, although it could be reinstated. <h3>Operating a lean fleet </h3>Esgian, an Oslo, Norway-headquartered maritime consultant, said Gold Star Line has trimmed its ro/ro operations in the last few months. “Our data shows GSL currently operates a ro/ro fleet of 13 vessels,” Mijeong Jang Rolfsen, Esgian’s senior market impact analyst/shipping, told the Journal of Commerce. The vessels vary in size between 4,000 and 6,500 car equivalent units (CEUs) and are mostly chartered from other operators including Gram Car Carriers, Zodiac Maritime and Cido Shipping. “In terms of commercial footprint, Gold Star Line recorded 72 port calls in Q4 2025, which is 12% down from the previous quarter [Q3 2025], spanning Asia with services extending to South America and selected ports in Africa,” Rolfsen said. Captain Igal Dafni, who was Gold Star Line’s managing director in the early 2000s, said GSL’s ro/ro services are potentially a new source of business for Hapag-Lloyd. Dafni agreed Hapag-Lloyd could use the moves into the car carrier sector by rival container lines Mediterranean Shipping Co. and CMA CGM as a blueprint for its own expansion into the market, using GSL’s existing network as the foundation. “But I’m not sure what it will do,” he said. MSC entered the vehicle carrier sector in 2024 after acquiring Gram Car Carriers and has a fleet of approximately 20 pure car and truck carriers. CMA CGM operates ro/ro services in the Mediterranean and North Africa. <h3>Flurry of new vessels pressurizing the sector </h3>While GSL is focused on bespoke services that should be more profitable, the wider car carrier sector is facing increasing headwinds, especially potential overcapacity that could hit freight rates. “There is a huge backlog of new vessels to be delivered between 2026 [and] 2030 which will create significant pressure for tonnage providers and operators,” a senior executive at a European freight forwarder specializing in the vehicle carrier sector told the Journal of Commerce. British shipbroker Clarksons said there are 140 car carriers on order, equivalent to 16% of the existing fleet of 899 ships, although 27% of the fleet is over 20 years old and is a likely candidate for scrapping. “So, I am not so sure the sector will continue to boom and [be] ... a great market to enter, especially if you are not well established,” the forwarding executive said. “It could be Hapag-Lloyd will keep GSL’s existing car carrier services until they feel comfortable and see how things turn out.” Hapag-Lloyd and Gold Star Line executives told the Journal of Commerce it was too early to comment on how the Hamburg-based carrier would develop GSL’s business. Contact Keith Wallis at <a href="mailto:keithwallis@hotmail.com">keithwallis@hotmail.com</a>. </div>

Hapag-Lloyd’s planned $4.2 billion takeover of Zim Integrated Shipping Services offers an opportunity to develop the car carrier business established by Zim’s Hong Kong-headquartered affiliate Gold Star Line (GSL), shipping executives say. GSL currently operates two roll-on/roll-off (ro/ro) services linking Asia and Latin America and Asia with Africa. The Gold Star Pacific Vehicle Carrier (GPL) service includes calls at Shanghai, Masan (South Korea) and Yokohama, linking with Mazatlan and Lazaro Cardenas in Mexico, Buenaventura (Colombia) and San Antonio (Chile). Current vessel schedules show on-demand inducement calls at California’s Port Hueneme and Manta in Ecuador. Similarly, the VEC service includes calls such as Kobe (Japan), Taicang and Shanghai in China, Mombasa (Kenya) and Dar es Salaam (Tanzania). Vessels listed under the same service are also calling at Paranagua and Vitoria in Brazil in the next few weeks. Gold Star’s car carriers also call at Ashdod in Israel. GSL has developed its car carrier operations through specialized business, “targeting niche trades where we can provide a competitive service,” a senior source close to the company told the Journal of Commerce. “As a global operator, we have an ability to pivot quickly and efficiently towards areas to help our customers and their pain points,” the executive added. A third GSL ro/ro service connecting Asia and Europe has been suspended, although it could be reinstated. Operating a lean fleet Esgian, an Oslo, Norway-headquartered maritime consultant, said Gold Star Line has trimmed its ro/ro operations in the last few months. “Our data shows GSL currently operates a ro/ro fleet of 13 vessels,” Mijeong Jang Rolfsen, Esgian’s senior market impact analyst/shipping, told the Journal of Commerce. The vessels vary in size between 4,000 and 6,500 car equivalent units (CEUs) and are mostly chartered from other operators including Gram Car Carriers, Zodiac Maritime and Cido Shipping. “In terms of commercial footprint, Gold Star Line recorded 72 port calls in Q4 2025, which is 12% down from the previous quarter [Q3 2025], spanning Asia with services extending to South America and selected ports in Africa,” Rolfsen said. Captain Igal Dafni, who was Gold Star Line’s managing director in the early 2000s, said GSL’s ro/ro services are potentially a new source of business for Hapag-Lloyd. Dafni agreed Hapag-Lloyd could use the moves into the car carrier sector by rival container lines Mediterranean Shipping Co. and CMA CGM as a blueprint for its own expansion into the market, using GSL’s existing network as the foundation. “But I’m not sure what it will do,” he said. MSC entered the vehicle carrier sector in 2024 after acquiring Gram Car Carriers and has a fleet of approximately 20 pure car and truck carriers. CMA CGM operates ro/ro services in the Mediterranean and North Africa. Flurry of new vessels pressurizing the sector While GSL is focused on bespoke services that should be more profitable, the wider car carrier sector is facing increasing headwinds, especially potential overcapacity that could hit freight rates. “There is a huge backlog of new vessels to be delivered between 2026 [and] 2030 which will create significant pressure for tonnage providers and operators,” a senior executive at a European freight forwarder specializing in the vehicle carrier sector told the Journal of Commerce. British shipbroker Clarksons said there are 140 car carriers on order, equivalent to 16% of the existing fleet of 899 ships, although 27% of the fleet is over 20 years old and is a likely candidate for scrapping. “So, I am not so sure the sector will continue to boom and [be] ... a great market to enter, especially if you are not well established,” the forwarding executive said. “It could be Hapag-Lloyd will keep GSL’s existing car carrier services until they feel comfortable and see how things turn out.” Hapag-Lloyd and Gold Star Line executives told the Journal of Commerce it was too early to comment on how the Hamburg-based carrier would develop GSL’s business. Contact Keith Wallis at keithwallis@hotmail.com .

Ro/ro cargo

Zim deal offers Hapag-Lloyd entry into niche car carrier market  

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