Ocean Freight

EU soft wheat exports fell to 1.01 million tons by August 9, 2026, a significant drop from the prior season

Wheat prices dropped over 10% from July highs due to lower Russian prices, weak demand, and alternative Black Sea routes.

Brazilian biodiesel producers are focusing on exports and international certifications due to domestic market instability and idle capacity

Typhoon Dolphin, China's strongest storm this year, caused significant delays at Shanghai and Ningbo ports and inland flooding.

A container ship reportedly paid $4 million to skip the queue at the Panama Canal, where wait times have exceeded a week

A US Navy helicopter disabled the Panama-flagged containership Vela Nova in the Gulf of Oman using two Hellfire missiles.

A Houthi-backed attack in the Bab el-Mandeb Strait resulted in four crew fatalities on a cargo ship

A fatal Red Sea attack could reverse the trend of carriers resuming Suez Canal transits via the Bab el-Mandeb Strait

The delivery of many ultra-large container ships will increase the need for new deepwater port access globally

Cavotec will install its automated vacuum mooring system at Gateway Terminals India, a first for India, enhancing berth capacity.

Geopolitical risks continue to influence tanker freight rates for routes east of the Suez Canal, maintaining a risk premium

The ship recycling market showed consistent activity in Week 32, 2026, with stable prices across key demolition regions

Carrier sales and purchases in Week 32 show continued activity in the vessel market, with new acquisitions and disposals.

Eastern Shipbuilding Group has started building Washington State Ferries' new hybrid-electric vessels, with a third confirmed

Pakistan suggests the US and Iran are nearing a deal, with Qatar reporting advanced talks on Strait of Hormuz management

Holland Container Innovations is selling the intellectual property and assets for its 4FOLD collapsible 40ft container concept

A blockade of the Strait of Hormuz is causing a backlog of project cargo for Saudi Arabia, impacting Chipolbrok's fleet.

Fratelli Cosulich Group is investing in new vessels to adapt to the evolving marine fuels market, maintaining profitability

OPL Services chartered marinEV's electric cargo vessel Hydromover 2.0 for operations out of Singapore's new decarbonization hub

Norway has again postponed the implementation of FuelEU Maritime and ReFuel Aviation until at least January 2028.

Fleetzero's Leviathan Battery Energy Storage System has secured ABS class approval, paving the way for its commercial deployment.

A study by Survitec and Brim Explorer emphasizes the crucial role of marine evacuation systems in passenger vessel design

WindEnergy Hamburg 2026 will convene the global offshore wind industry to discuss advancements and future strategies.

Oil cargo transfers outside the Strait of Hormuz point to covert shipping practices supporting global energy markets

MPV operators report strong market sentiment driven by reduced vessel availability and high cargo demand

Dutch bicycle manufacturer Accell, behind brands like Batavus and Sparta, has been declared bankrupt by an Amsterdam court.

Nintendo recouped $300 million in tariff refunds, but rising memory chip prices pose a new supply chain hurdle

Lloyd's Register appoints Wouter Pattynama to lead offshore client solutions in Asia-Pacific, boosting regional energy expertise

Genco Shipping announced a 433% increase in its quarterly dividend, reflecting robust dry bulk rates and fleet expansion.

New trade rules in 2026 provide UK businesses with easier access to 50 African markets, supporting diversified supply chains