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A new LNG carrier built by Samsung Heavy Industries was named in South Korea, expanding global gas transport capacity

Conflicts in the Bab al-Mandeb and Strait of Hormuz are severely impacting global shipping operations and costs.

A U.S. FMC judge dismissed Peloton's $33.7 million demurrage claim against Flexport, setting a precedent for "store door" shipping.

A ferry fire in the Philippines has led to five deaths and 87 people missing, with 42 rescued.

An overview of current time charter rates for tanker and dry bulk shipping sectors, detailing market conditions.

The ship recycling market is gaining momentum, with strong demand from India driving increased activity and improved conditions.

Four maritime regions are simultaneously active danger zones, posing unprecedented risks to global shipping and seafarers.

Capesize dry bulk rates have climbed to multi-year highs, driven by strong Atlantic demand and increased vessel ordering.

The Baltic Exchange's dry bulk freight index increased for the second day, rising about 1% to 3,620 points.

Qatar and the UAE are using ship-to-ship transfers to bypass Hormuz disruptions and maintain LNG exports.

Kuwait Petroleum Corporation is expanding its shipping fleet to manage supply chain risks from US-Iran geopolitical tensions.

Uni-Fuels Holdings Limited announced record first-half 2026 financial results and raised its full-year revenue guidance

US sanctions on Iran's oil trade are compelling Chinese refiners to procure costlier Russian crude.

A top shipping executive noted that while a weak yen benefits Japanese firms, its volatility creates global market uncertainty

Navibulgar has spent over ten years developing a new generation of efficient bulk carriers in collaboration with DNV

DP World joined AmCham Brazil, signaling its commitment to expanding port and logistics operations with significant investments

India's surge in edible oil imports has overwhelmed port storage, causing unloading delays and potentially slowing future purchases

Håvard Gjelseth has resigned as managing director of Norwegian Greentech, with Thor Valsø-Jørgensen named interim successor

IINO Lines has chartered a new LPG dual-fuel VLGC from HD Hyundai, capable of operating on cleaner energy sources

Imported iron ore margins have rebounded to profit, supported by rising spot prices that track futures gains.

Aluminum futures in the UK hit a four-week high due to tight supply and reduced inventories, exacerbated by the US-Iran conflict

Wheat futures dropped as traders weighed diplomatic efforts against ongoing Black Sea export disruptions from the Ukraine conflict

Corn futures fell on the Chicago Board of Trade as traders awaited USDA supply and demand forecasts.

Japanese manufacturers' sentiment rose to its highest level since December 2021, driven by strong semiconductor and data center demand

Ocean freight rates have slightly decreased but remain elevated, aligning with 2024 peak season levels driven by Red Sea and labor issues

Tung Chee-hwa, former head of OOCL and Hong Kong's first Chief Executive, passed away at 89.

US retailers anticipate September will be the year's busiest import month due to China delays and Panama Canal restrictions

An Iraqi oil tanker was reportedly struck by a drone in Iraqi territorial waters, with other merchant vessels also affected

Bluecore Energy secured $50 million to develop floating nuclear power plants for major port complexes.

Major shipping nations warn that rising geopolitical tensions, trade measures, and the shadow fleet threaten maritime rules.