India's Crude Oil Imports Rise 11% in May, Driven by Russian and Venezuelan Supplies
India's crude oil imports rose 11% in May, hitting 5 million barrels per day, largely due to increased supplies from Russia and Venezuela
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India's crude oil imports rose 11% in May, hitting 5 million barrels per day, largely due to increased supplies from Russia and Venezuela
Geopolitical events are causing significant volatility in grain and fertilizer markets, impacting trade routes and supply chains.
China's manufacturing activity weakened in May due to holiday disruptions and rising input costs, with the PMI falling to 50.0
A potential US-Iran deal, even if it reopens the Strait of Hormuz, is unlikely to prompt immediate central bank policy shifts
Third-party ship management offers specialized expertise and operational efficiencies, addressing owner concerns about control.

The US Navy is evaluating four distinct fleet design proposals to shape its future naval strategy and procurement.

The Port of Itajaí will remove a 133-year-old shipwreck to facilitate dredging and deepen its navigation channels

Animal welfare organizations are intensifying efforts to ban live animal exports by sea after an Iranian attack disrupted shipments
JP Morgan affiliates are reportedly investing over $660 million in five new tanker and gas carrier vessels from Samsung Heavy Industries
BW LPG has ordered eight new very large gas carriers from HD Hyundai Heavy Industries for $940 million.

The Drewry WCI increased 3% to US$2,800 per 40ft container, driven by early peak season demand and carrier strategies

Aderco's new 2055G+ program combines fuel treatment, emissions data, and carbon credits for maritime decarbonization.

Oman has issued a navigation warning after a suspected floating mine was sighted near the Strait of Hormuz

Two open-hatch bulk carriers are being converted into container ships to capitalize on high charter rates and strong demand

Thousands of Mexican truck drivers lost their U.S. visas due to cabotage violations, affecting cross-border freight.

MSC will incorporate Napier, New Zealand, into its Eagle service rotation linking the US East Coast with Australia and New Zealand.

Samskip is adding Sweden's Halmstad port to its Europe-Iceland Blue service from September, expanding its Scandinavian network

Ocean freight rates are climbing, influenced by higher costs and ongoing transit delays, ahead of the upcoming peak season.

The Port of Galveston has established a college endowment to fund scholarships for maritime and trade students.

US naval forces reportedly disabled a small cargo ship in the Gulf of Oman, raising maritime security concerns.

Ukrainian drone attacks damaged an oil tanker and refinery in Taganrog and an oil depot in Armavir, southern Russia

T.S. Lines founder Chen Teh-Sheng will step down from his leadership roles on June 1, 2026.

Saronic's Marauder, a Medium Unmanned Surface Vessel for the US Navy, showcases significant advancements in naval drone technology.

Hamburg and Tallinn ports have signed an agreement to boost Baltic Sea cooperation on digitalization, sustainability, and supply chain…

FMCSA's new MOTUS system, replacing legacy registration platforms, is drawing heavy criticism from users for its poor functionality.
SeaLead's Paya Lebar container vessel successfully completed its third transit through the Strait of Hormuz, reaching Jebel Ali.

A KSS-III class submarine built by Hanwha Ocean has arrived at Canadian Forces Base Esquimalt after a two-month voyage

African truck drivers have seized assets from Dutch transport companies over 200,000 euros in unpaid wages.

C.H. Robinson is updating carrier eligibility based on safety scores, likely influenced by a recent Supreme Court decision.

The Southern Tyrrhenian and Ionian Sea Port Authority began discussions on infrastructure development for Vibo Valentia Marina
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