
Asia-US Ocean Spot Rates Remain Elevated Despite Slight Softening
Far East to US ocean spot rates are slightly softening but remain elevated, with gradual declines expected to continue.
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Far East to US ocean spot rates are slightly softening but remain elevated, with gradual declines expected to continue.
Maritime diversions from the Red Sea via the Cape of Good Hope are increasing tanker tonne-mile demand and operational costs
Conrad Shipyard and Samsung Heavy Industries obtained ABS Approval in Principle for a 12,000 cbm LNG bunkering ATB design

Air cargo tonnage from Hong Kong to Europe fell 24% in week 29 after new EU customs rules took effect.
IBIA's technical group found no direct link between shale oil in marine fuels and vessel operational issues.

Delta Cargo now offers a five-day flexible date search on its website, showing real-time flight availability and pricing.

India's air cargo sector is focusing on regulatory improvements, digitalization, and infrastructure to drive future growth.

Singapore Changi Airport's Q2 2026 passenger traffic declined by 1.5% year-on-year, though first-half growth remained positive.
Head injuries among moped riders in the Netherlands significantly decreased after the 2023 helmet mandate.
NEMO's task force is assessing STCW rules for nuclear-powered merchant ships, identifying training needs and skill gaps.
Ocean carriers on transpacific routes are reportedly reaching the limits of their capacity management strategies, says Xeneta.
Shipping companies are increasingly adopting biofuels, including B100 and blends, to meet FuelEU Maritime compliance requirements.
LPG shipping rates rose last week, while LNG rates remained stable with a slight softening on key routes.
The Drewry Intra-Asia Container Index (IACI) fell 2% to $960 per 40ft container, marking its fifth weekly decline.
CMA CGM is implementing an emergency fuel surcharge globally from August 1 due to escalating Middle East tensions and rising energy costs
IMO workshop discussed chain of custody models for sustainable marine fuels to ensure traceability of GHG intensity
South Korean shipbuilders are accelerating development of high-value vessels to counter China's growing presence in the advanced…
The United States is pursuing a shipbuilding resurgence, leveraging digital tools and advanced manufacturing to boost competitiveness
Singapore's residual fuel oil stocks increased by 10% in July, reaching 19.25 million barrels.
Saudi Arabia's oil exports are increasingly dependent on the Suez Canal due to rising Red Sea risks.
Copper futures stabilized above $6.3 per pound following reduced Middle East tensions and diplomatic efforts.
China's reduced crude imports have helped stabilize global oil prices, but shrinking inventories could still lead to price spikes.
China's domestic oil and gas output hit record highs in 2025, strengthening national energy security.
European stock markets rallied as crude oil prices fell, easing inflation concerns ahead of key central bank decisions.
The US dollar shows increased strength before the FOMC decision, as EUR/USD drops due to Middle East tensions.
Dalian iron ore futures experienced minor fluctuations, while Qingdao spot prices held steady amid cautious steel mill purchasing.
Iran will reportedly halt attacks if the US continues its pause on air strikes after a two-week bombing campaign
China's economic growth is forecast to decelerate in the latter half of the year as Beijing avoids widespread stimulus

Italy's rail freight sector saw an 8.1% decline in train-kilometres during the first half of 2026, with no recovery in sight
Portsmouth International Port has activated its shore power system, enabling ships to connect to the grid while at berth.
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