Bulker Secondhand Market Sees Strong Activity and Rising Freight Rates
The secondhand bulker market experienced strong sales and rising freight rates for another week
Container, dry-bulk, tanker and project-cargo coverage. Reformulated and entity-tagged daily from leading maritime publishers.
The secondhand bulker market experienced strong sales and rising freight rates for another week
Chinese Premier Li Qiang met with U.S. business leaders following high-level talks between Presidents Xi Jinping and Trump
The VHBS has published its New ConTex container ship time charter assessment index for Week 20, detailing market sentiment
UK natural gas futures hit a five-week high due to persistent concerns over Strait of Hormuz shipping disruptions
The World Maritime University's Class of 2026 MSc program has achieved gender parity, a key step for maritime diversity
US President Trump and Chinese President Xi concluded talks, signaling progress in bilateral relations and increased cooperation

Paul Bird, former commercial chief, will lead the Montreal Port Authority as its new CEO during a major expansion

Vancouver and Prince Rupert recorded solid Q1 import gains from Asia, driven by improved intermodal efficiency to North American interiors

General Dynamics NASSCO has received $856 million to build T-AO 217, the latest U.S. Navy fleet oiler

The Strait of Hormuz crisis is forcing the UAE to re-evaluate its commercial neutrality as its ports face potential threats

Iranian forces reportedly seized a Chinese-owned vessel functioning as a floating armory near the Strait of Hormuz

The $13 billion Commonwealth LNG export terminal in Louisiana has reached its final investment decision, advancing U.S. energy exports
TOP Ships Inc. has opted not to proceed with its planned $10 million public equity offering, withdrawing the SEC registration
Wah Kwong NatPower Holdings and Chu Kong Shipping Enterprises (CKS) signed an MoU to electrify inland water transport

Poland's shipping sector gains global recognition as its national association joins the International Chamber of Shipping

Panama Canal does not foresee vessel passage restrictions for 2026, despite potential El Niño weather patterns

Charleston Port is moving forward with plans to develop a new ro/ro operation at a 210-acre site near its North Charleston Terminal

China has engaged in direct discussions with Iran, facilitating Chinese vessel transits through the Strait of Hormuz

O'Reilly Auto Parts is expanding its private label offerings to strengthen sourcing and product control.

Maersk is implementing operational adjustments to its Tango service, shifting its Jacksonville call and modifying port rotations
MSC's CEO stated that global rules are crucial for shipping decarbonization, rejecting fragmented regional approaches

Maersk announced new import storage tariffs for special equipment at Rijeka and Koper, effective June 15, 2026

The US Navy's 30-year shipbuilding plan includes orders for 15 nuclear-powered battleships and many autonomous vessels

The UAE will double its crude oil export capacity bypassing the Strait of Hormuz by 2027, reducing reliance on the chokepoint

Container spot rates on major East-West trade lanes experienced double-digit increases this week due to new FAK rates and surcharges

Chinese authorities are increasing oversight of container shipping lines due to concerns over freight rate practices

The Port of Montreal has activated its new electrical substation, a key part of the CanEst Yard redevelopment project

Ocean carriers are increasing blank sailings and rolling cargo from Far East ports to manage capacity before peak season

Ocean Network Express (ONE) reportedly ordered six 15,900 TEU containerships from HD Hyundai Heavy Industries

Valenciaport is progressing its energy transition by integrating marine renewable energy through a European project
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