Strait of Hormuz Closure Impacts Container Shipping Schedule Reliability
Container ship delays increased in Q2 due to service changes caused by the Strait of Hormuz closure.
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Container ship delays increased in Q2 due to service changes caused by the Strait of Hormuz closure.
China is moving towards establishing regular container operations through the Northern Sea Route after a successful trial.
The Baltic Dry Index (BDI) fell 1.7% to 2,696 on Monday, interrupting a three-day winning streak.
The IMO's new MASS Code provides the first global regulatory framework for autonomous and remotely controlled vessels
Tanker crossings in the Strait of Hormuz have dropped significantly, with vessels opting for the Iranian route.
Costamare Inc. reported unaudited financial results for Q2 2026, with a net income of $77.4 million.
High bunker prices and the Strait of Hormuz crisis are accelerating shipping decarbonization efforts to cut costs and boost efficiency
The Ningbo Containerized Freight Index (NCFI) stood at 2219.2 points for the week ending July 24.
Diana Shipping Inc. has accused Genco Shipping & Trading of issuing a misleading press release regarding their shareholder dispute
EU maritime GHG emissions increased by 2.1% in 2025, mainly due to more ship categories falling under MRV reporting
South Korea is reportedly evaluating a plan to subsidize the installation of domestically manufactured eco-friendly and autonomous…
Daehan Shipbuilding secured an order for two Suezmax crude oil tankers, achieving its largest annual order volume to date.
Hanwha Ocean announced a 98% increase in Q2 operating profit, driven by strong LNG carrier orders and cost efficiencies.
Xanthos Kyriacou has been appointed CEO of Noatum CSM, a joint venture between Columbia Group and AD Ports Group
Global LPG markets saw a temporary recovery in July, boosted by US exports, before a US-Iran vessel incident curtailed progress
TOP Ships Inc. reported a significant 24% increase in its net asset value, reaching $359.2 million.
SK Innovation E&S imported 300,000 barrels of ultra-light crude oil from Australia to South Korea's Incheon Port.
Mammoet has expanded its heavy lifting and transport capacity in Saudi Arabia with new equipment investments.
Melchor Contracting Pty Ltd has been awarded a major contract for the Utah Ring Road reconstruction at Port Hedland
Lebanon is increasing state oversight of its seaports, airport, and border crossings to curb Hezbollah's influence
Persistent oil price volatility, fueled by shipping disruptions and geopolitical friction, threatens to entrench core inflation.
Hong Kong's trade deficit narrowed in June 2026, supported by a significant surge in exports of electrical machinery

Exiger, a supply chain AI company, has named retired U.S. Navy Captain Mark Harris as a Strategic Advisor.

A joint exercise between the U.S. and Norwegian Coast Guards in the North Atlantic concluded, boosting maritime interoperability

LUG, a Frankfurt air cargo handler, is upgrading to Hermes Logistics Technologies' SaaS platform for improved operations
HMM's new five-year plan focuses on expanding its feeder and medium-sized container fleet, moving away from ultra-large vessel orders

Attacks targeting Ukrainian ports and commercial vessels have reportedly intensified, raising concerns for Black Sea shipping.

Canadian logistics firm WTC Group has acquired an electric terminal tractor, supported by grant funding.
Diana Shipping Inc. has secured a time charter contract with Classic Maritime Inc. for its Newcastlemax dry bulk vessel.
Oman Customs will mandate palletization for all imported cargo in phases, starting July 27, 2026.
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