Ocean Freight

Geopolitical tensions in the Middle East are hindering maritime casualty response, increasing delays and costs for shippers

Asian stock markets saw mixed results, with Japan and South Korea hitting records, while Iran geopolitical concerns persisted.

Russian fuel oil volumes in Singapore hit a one-year peak, driven by Middle East supply disruptions.

Copper futures climbed as markets anticipated a US-Iran peace agreement, with talks ongoing to reopen the Strait of Hormuz

Oil prices fell as US-Iran negotiations progressed, despite recent military exchanges, easing market concerns.

Digital freight forwarders are debating whether technology should be deeply integrated into logistics or act as a separate layer

The EU Solidarity Lanes have facilitated €282 billion in trade with Ukraine, remaining a critical route for heavy industry.

Expeditors' Q1 success was largely due to its unique service mix, with customs house brokerage playing a significant role.

A new trade deal between the UK and GCC is set to eliminate £580 million in duties, boosting economic partnership

Navarino's new NEMO platform helps shipowners transform vessel data into real-time operational insights and emissions reporting

The EU is prioritizing military logistics and mobility to enhance troop and equipment movement across Europe.

The Port of Seattle and NCLH have extended their lease, focusing on shore power expansion and sustainable marine fuels.

CMB.TECH is increasing its equity in TFG Marine to 15% and will source all marine fuel from the supplier

MPC Container Ships reported solid Q1 2026 results, backed by a $2.0 billion charter backlog and high contract coverage

Semco Maritime and Wind Multiplikator secured a long-term contract for integrated services at a German offshore wind farm

Agricultural shipping routes are facing record-long voyage durations due to climate and geopolitical disruptions.

Strong container market conditions are prompting shipowners to convert bulk carriers into cellular container vessels.

Maersk launches new weekly FI2 ocean service connecting Far East Asia to the Indian Subcontinent, starting June 4, 2026

Offshore Energies UK urges the government to prioritize domestic energy production to counter the global energy crisis

Eidesvik Offshore extended its contract with Equinor for the platform supply vessel "Viking Queen" through 2026.

Hanwha Ocean and Novarc Technologies are collaborating to implement AI-powered robotic welding in shipbuilding.

NCL has joined the GASS project, providing operational data to develop digital twin technology for voyage optimization.

Prosafe is actively seeking new contracts to improve its fleet's utilization and expand its project backlog.

A proposed OFAC-licensed mechanism aims to facilitate the demolition of the 'shadow fleet' of tankers.

Vessels are positioning near the Strait of Hormuz, anticipating its reopening despite ongoing military strikes in Iran

CMA CGM has taken delivery of its latest Megamax containership, the largest LNG-powered vessel globally.

A new weekly newsletter, "The Carbon Wake," will track the commercial impact of shipping's green transition.

BP's board unanimously removed chairman Albert Manifold over serious concerns about governance and conduct, appointing Ian Tyler as interim.

CMA CGM's US$820 million investment in Mombasa container terminals signifies a major shift in East African port dynamics

TGS has secured an eight-month 4D seismic streamer contract offshore Angola, set to begin in July 2026.