Ocean Freight

Belfast Harbour revealed a £1.3 billion, 25-year investment plan to expand and modernize its port infrastructure

Increased iron ore production from Guinea's Simandou complex is driving a significant rally in large bulk carrier rates

Yangzijiang Shipbuilding has secured over $1 billion in new orders, progressing towards its $4.5 billion annual target

Seattle-Tacoma’s breakbulk cargo volumes continued their upward trend in April, signaling a robust market recovery

Chipolbrok's new 38,000 DWT heavy lift vessel, Wyspiański, has been launched in China, enhancing project cargo capabilities

Southampton Port is now a strategic hub for Vestas, managing storage and onward transport of wind turbine blades.

Port Freeport received an $11 million MARAD grant to upgrade its Velasco Terminal, improving cargo handling and efficiency

Greek shipping faces challenges from environmental regulations and volatile compliance costs, as discussed at a recent summit

The Port of Aalborg has launched a tender for a hybrid shore power system to supply electricity to vessels and mobile harbor cranes

Mercy Ships is integrating cruisePAL software to enhance operational efficiency and safety aboard its hospital ships

Germany's DLR is launching the MODULARIS research vessel for at-sea testing of digital and autonomous shipping technologies.

Valenciaport attended Logismed Casablanca to strengthen its trade connections with North Africa and enhance its strategic importance

SAAM Towage, a Chilean company, has ordered five new tugboats from Sanmar Shipyards in Turkey to expand its fleet

NorthPort completed significant testing and installation milestones for its three-year structural upgrade program at Pier 16 and Terminal 1

Iran's Persian Gulf Strait Authority has published a clear geographic definition of its claimed maritime oversight zone

Iran has reportedly implemented a new transit system in the Strait of Hormuz, involving specific routes and passage fees

U-Ming Marine Transport named its first LNG carrier, the 'U-Ming Blessing,' as part of its fleet diversification strategy

Abu Dhabi Food Hub has signed a 50-year land lease with Axione Development for new cold chain infrastructure

Indonesia has implemented new export controls on commodities as part of its efforts to combat tax evasion and boost state revenue

The ship recycling market continued its subdued trend last week, particularly in the Indian subcontinent

The Baltic Dry Index has fallen for the fourth consecutive day, reaching its lowest point since May 11.

China's central bank maintained its benchmark lending rates for the twelfth consecutive month, balancing economic support with inflation…

EU lawmakers have approved a trade deal with the US to eliminate industrial tariffs, including safeguard clauses

Asia-Europe ocean freight rates are rising earlier than expected, driven by Middle East geopolitical tensions and Strait of Hormuz closure

ZIM Line experienced a Q1 financial loss, with bunker fuel costs projected to worsen Q2 results

AD Ports Group has launched new cruise and ferry terminal services across three Egyptian Red Sea ports

Trans-Pacific spot rates are rising, potentially signaling an early peak season driven by blank sailings and new surcharges

US Marines boarded and redirected an Iranian-flagged oil tanker in the Gulf of Oman as part of Washington's blockade enforcement

Navimeteo and Vaisala Xweather held a workshop in Italy to address severe weather impacts on Mediterranean shipping

Ocean shippers are delaying new contract signings, signaling a potentially muted peak season due to market uncertainty