Ocean Freight

Nissen Kaiun is nearing ten vessel sales in six months, divesting modern bulkers and tankers to meet market demand

MSC's terminal arm, TiL, has acquired a 49% stake in Adani Ports' Vizhinjam transhipment terminal for $1.4 billion

Disruptions in the Strait of Hormuz are forcing global supply chains to prioritize resilience over efficiency.

Fatalities in enclosed spaces on vessels continue despite long-standing procedures, prompting calls for engineering solutions.

The VLCC market adapted to the Strait of Hormuz closure in Q2 2026, leading to significant rerouting of crude oil shipments

Simon Møkster Shipping has secured a four-year frame agreement with Aker BP for Platform Supply Vessel services.

Maritime traffic through the Strait of Hormuz remains stable despite geopolitical tensions and stalled peace talks.

Integrating design principles from diverse vessel types can foster innovation, improve efficiency, and enhance sustainability.

A Chinese-owned tanker completed its second U.S. coastwise asphalt shipment using an emergency Jones Act waiver.

A report indicates an oil spill from the Hibernia platform could have led to a serious maritime incident.

Dry bulk carrier values rose in H1 2026 due to stronger freight rates, better vessel utilization, and higher commodity demand

The Baltic Exchange's dry bulk freight index has dropped for the sixth consecutive session, hitting its lowest point since April 15.

A ceasefire on June 24 has allowed for the gradual resumption of commercial shipping in the Persian Gulf.

Fuel-related charges surged over 100% due to the Iran conflict, with carriers adding emergency bunker surcharges.

Commercial transits through the Strait of Hormuz have plummeted by 90% due to recent kinetic incidents and a suspended evacuation corridor

The shipping industry seeks clear guidance from the European Commission on preventing double charging for emissions.

European natural gas prices rose over 1% on Monday, driven by Middle East geopolitical risks and LNG shipping disruption fears

The Ningbo Containerized Freight Index (NCFI) reached 2440.2 points for the week concluding June 26

New IMO rules are being developed to curb black carbon emissions from Arctic shipping, enhancing existing environmental protections

Global energy markets are expected to stabilize in Q3, though geopolitical developments remain a key risk factor.

Genco Shipping & Trading Limited has rejected Diana Shipping Inc.'s extended tender offer, deeming it inadequate.

Idwal and MOL have formed a strategic partnership for global vessel inspections, covering acquisitions and fleet operations

ClassNK and NMRI are jointly researching corrosion in low-temperature, low-pressure liquefied CO2 cargo tanks

The Indian Coast Guard assisted a vessel experiencing water ingress near the coast, underscoring maritime safety efforts.

Maersk revises full-year financial guidance upwards as container freight rates soar on East-West trades.

A new liquid cargo berth in India has been completed by the JSI Alliance for Gujarat Chemical Port Ltd.

A US shipper group is pushing for changes to ocean carrier notification rules for new surcharges and tariffs.

Vessel conversions to livestock carriers are accelerating due to ongoing concerns about the condition of the existing fleet

CMB.Tech sold two 2023-built Suezmax tankers, achieving a $100 million profit due to strong market values.

SELPE and Piraeus Port Authority met to discuss port operations and future cooperation for retail logistics