Ocean Freight

US FMC Chairman advocates for bio-LNG inclusion in IMO's Net Zero Framework, intensifying debate ahead of MEPC meetings

Typhoon Dolphin caused a loss of nearly 500,000 TEUs at three major Chinese ports, disrupting Asia-Latin America and Asia-Europe services

Climeon has finished installing its HeatPower 300 system on a second container ship, completing a two-vessel retrofit project.

The Port of Los Angeles expects a 5% cargo volume increase due to Red Sea and Panama Canal disruptions.

Ocean carriers are reluctant to return to the Strait of Hormuz due to ongoing security risks, even with ceasefires.

A 335-tonne AnsaldoEnergia turbine arrived in Tarbert, Ireland, via marine transport from Genoa for a new power station.

Ocean carriers are quickly boosting Suez Canal capacity, resuming Red Sea transits despite European port congestion worries

MacGregor will provide a 165-ton AHC crane for a new Ulstein SX121 vessel being built for Jan De Nul

Saudi Arabia is rerouting oil shipments via Sinokor tankers to evade Houthi threats, maintaining global supply.

France is investing in port infrastructure to support the development of floating offshore wind energy projects

AAL Shipping launched a new project cargo gateway in Trincomalee, Sri Lanka, with a 64,000 FRT wind energy shipment

Petrobras is negotiating exploration contracts for four offshore blocks in Ghana's Keta Basin to expand its reserves

Sintana Energy has acquired a stake in Maravilla Oil and Gas, securing an indirect interest in PEL 37 for future exploration

Disruptions in the Strait of Hormuz expose the fragility of global trade routes, causing shipping declines and rising costs.

Baxter Freight received an EcoVadis Committed Badge for its progress in sustainable and responsible business practices

MSC has restarted some Red Sea transits, while Panama Canal daily slots are further reduced due to drought

EcoStone Solutions, based in Genoa, Italy, now offers independent aftersales support for shipboard environmental technologies.

DP World opened a new warehouse in Johor, Malaysia, expanding its integrated logistics network across Southeast Asia.

Oil prices dipped after the US announced its strictest economic sanctions yet on Iran, impacting global market stability

Iron ore futures remained stable, while spot prices at Qingdao Port saw a slight increase amid moderate transaction volumes

Iran pledges a "devastating" response as the US warns of "tough" economic sanctions, escalating tensions.

A report from Shipbid details the ship auction market in China for July 2026, focusing on vessel sales.

Iino Lines received the Lumi Aurora, an LPG dual-fuel, Ice Class VLGC capable of carrying LPG and ammonia

Sunoco Marine and Verde Marine Energy have partnered to extend bunker fuel supply services to the ARA region and the UK.

HGK Group is expanding its operations in the Port of Hamburg with a new 27,000-square-meter trimodal logistics center.

The Thamesborg general cargo vessel has successfully transited Canada's Arctic Northwest Passage for the first time since its grounding.

Maersk successfully delivered five wind turbines to Sri Lanka, bolstering the country's renewable energy infrastructure.

Dilapidated port infrastructure and operational issues are causing tanker delays up to 30 days for Venezuelan oil exports

Transnet is under renewed investigation for alleged procurement irregularities at Richards Bay bulk cargo terminal

The achievements of female cadets are set to reshape the maritime industry's image, fostering greater diversity and inclusion.