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Greece Seeks EU Intervention on Alleged Turkish Illegal Fishing Practices
Greece has formally requested the EU's intervention regarding alleged illegal fishing and maritime law violations by Turkish vessels
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Ocean Freight
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B30 Biofuel Bunker Prices Rise in Rotterdam and Singapore
B30 biofuel blend prices saw an increase in Rotterdam and Singapore, contrasting with stable conventional VLSFO costs
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US Haulage Market Tightens, Threatening Low Inventory Supply Chain Models
Rising US trucking rates and tender rejections are jeopardizing low-inventory supply chain strategies for cargo owners
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Alexandria Container Handling Issues Tenders for New Terminal Equipment
Alexandria Container and Cargo Handling Company (ACCH) has launched tenders for new cargo handling equipment
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Tuticorin Port Invites Bids for New Container Terminal Development
Tuticorin Port has launched a global tender for Berth No. 7's transformation into a new container terminal
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ONE Reportedly Orders Six LNG-Powered 15,000 TEU Containerships
Ocean Network Express (ONE) has reportedly ordered six new LNG-fueled 15,000 TEU containerships from HD Hyundai Heavy Industries
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Maritime IT Networking Summit in Greece Concludes, Focusing on Digital Transformation
The Maritime IT Networking Summit in Greece concluded, highlighting digital transformation and technological innovation for the maritime…
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Supreme Court Ruling on Freight Broker Liability: FAAAA Preemption Shield Lifted
The Supreme Court has lifted the FAAAA preemption shield for freight brokers, potentially increasing their liability in negligence cases
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South Carolina Ports Expands Ro-Ro Capacity at North Charleston Terminal
South Carolina Ports plans to expand its Ro-Ro operations at the North Charleston Terminal, adding rail services
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Accounting Talent Shortage Impacts Logistics Sector Operations and Efficiency
A growing shortage of accounting professionals is increasingly impacting the logistics industry's financial operations and efficiency
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Port of Long Beach Experiences Cargo Volume Decline Amid Global Supply Chain Pressures
Port of Long Beach saw cargo volumes drop in April due to global market volatility and rising fuel costs
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Tanker Freight Rates Stay Elevated in April Amid Trade Disruptions
Tanker spot freight rates remained elevated in April, influenced by persistent trade disruptions and limited Middle East activity
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Baltic Dry Index Experiences Decline Driven by Capesize Segment Weakness
The Baltic Dry Index fell 1.4% to 3,151 points, mainly due to a 2.3% drop in the capesize index
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Strait of Hormuz Closure Continues to Impact Global Shipping in Q2 2026
The Strait of Hormuz closure, now in its third month, continues to reshape global trade flows and shipping earnings
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Non-Tariff Measures Drive Up Global Trade Costs, UNCTAD Reports
UNCTAD's latest report indicates that non-tariff measures are significantly increasing global trade costs and complexity
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Transpacific Ocean Freight Spot Rates Stabilize at High Levels
Transpacific ocean container spot rates have stabilized at high levels, reflecting continued market volatility
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UK Political Instability Impacts Asset Markets Amidst Labour Leadership Contest
UK asset markets faced pressure as political uncertainty emerged from the Labour Party's leadership contest and poor election results
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Bulker Secondhand Market Sees Strong Activity and Rising Freight Rates
The secondhand bulker market experienced strong sales and rising freight rates for another week
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Chinese Premier Li Qiang Meets US Business Leaders Amid Trump Visit
Chinese Premier Li Qiang met with U.S. business leaders following high-level talks between Presidents Xi Jinping and Trump
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VHBS New ConTex Index Update for Week 20
The VHBS has published its New ConTex container ship time charter assessment index for Week 20, detailing market sentiment
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UK Natural Gas Prices Surge Amid Strait of Hormuz Tensions
UK natural gas futures hit a five-week high due to persistent concerns over Strait of Hormuz shipping disruptions
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WMU Achieves Gender Parity in MSc Program, Highlighting Education's Role
The World Maritime University's Class of 2026 MSc program has achieved gender parity, a key step for maritime diversity
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Trump and Xi Conclude Talks, Announce Progress in US-China Relations
US President Trump and Chinese President Xi concluded talks, signaling progress in bilateral relations and increased cooperation
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Paul Bird Appointed New CEO of Montreal Port Authority
Paul Bird, former commercial chief, will lead the Montreal Port Authority as its new CEO during a major expansion
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Western Canadian Ports See Q1 Import Growth from Asia via Intermodal Focus
Vancouver and Prince Rupert recorded solid Q1 import gains from Asia, driven by improved intermodal efficiency to North American interiors
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NASSCO Awarded $856 Million Contract for New US Navy Fleet Oiler
General Dynamics NASSCO has received $856 million to build T-AO 217, the latest U.S. Navy fleet oiler
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Abu Dhabi's Strategic Challenges Amidst Gulf Tensions and Neutrality Concerns
The Strait of Hormuz crisis is forcing the UAE to re-evaluate its commercial neutrality as its ports face potential threats
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Identity Verification Crucial for Combating Supply Chain Cargo Theft
Logistics experts stress identity verification, especially for drivers, as key to preventing cargo theft amid new US legislation
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Iran Seizes Chinese-Owned Floating Armory Vessel Near Strait of Hormuz
Iranian forces reportedly seized a Chinese-owned vessel functioning as a floating armory near the Strait of Hormuz
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Commonwealth LNG Project in Louisiana Secures Final Investment Decision
The $13 billion Commonwealth LNG export terminal in Louisiana has reached its final investment decision, advancing U.S. energy exports