Ocean Freight

Awilco LNG, a Norwegian gas carrier company, is considering a name change after its CEO's departure

Piraeus Port Authority hosted an Israeli delegation to discuss maritime cooperation during the Mare MED III Athens Conference

Evergreen Marine Corp. saw a 70% decrease in Q1 profit, driven by lower shipping rates despite higher container volumes

Front Shipping successfully transported a 125-tonne cargo unit from Charleston, South Carolina, to Oslo, Norway

The offshore wind sector faces growing pressure from limited vessel availability and increasing subsea cable costs

DP World and Syrian authorities are advancing plans to develop Tartous Port, focusing on infrastructure and logistics

A new £15 million funding round targets early-stage development of offshore wind supply chain businesses and port infrastructure

ABB and Cydome are partnering to integrate weather routing data into an AI risk management engine for maritime cybersecurity

Sarens is conducting pre-assembly of 15MW wind turbines in Denmark for Poland's first offshore wind farm, Baltic Power

Global oil demand contraction is impacting container shipping, amplifying existing industry vulnerabilities

China seeks unrestricted passage through the Strait of Hormuz, according to U.S. Trade Representative Jamieson Greer

OceanScore expanded its FuelEU Pooling Marketplace after its Pool-Price Index (OPX) for carbon costs saw a notable decline

Geopolitical instability, particularly in the Strait of Hormuz, is driving a resurgence in seaborne coal demand.

ADNOC Logistics and Services saw a 20% net profit increase and 7% EBITDA growth in Q1 2026, reaching US$222 million.

Iran has reportedly tightened its control over the Strait of Hormuz, increasing regional shipping risks

Older LNG carriers are experiencing a surge in demand as global supply chain disruptions necessitate alternative energy sourcing

Vessel Carbon Intensity Indicator (CII) ratings are largely influenced by chartering decisions and voyage planning

TMS Cardiff Gas has ordered two new LNG carriers from Samsung Heavy Industries, continuing its fleet expansion

Hayfin Capital Management has reportedly ordered two 174,000-cbm LNG carriers from HD Hyundai Heavy Industries

Pan Ocean is investing $525 million in four new Very Large Crude Carriers (VLCCs) to expand its crude tanker fleet

Bureau Veritas's new AITrack solution offers enhanced supply chain emissions visibility for better strategic decisions

Singapore Police are testing jetpacks and weaponized drones to enhance maritime security and vessel boarding capabilities

Solstad Offshore has won an arbitration case, securing $14.5 million for a disputed charter of its Normand Maximus CSV

CMA CGM is introducing a Peak Season Surcharge for cargo originating from South China, Hong Kong, and Macau.

Donald Trump stated China is prepared to assist in diplomatic efforts with Iran to resolve conflict and reopen the Strait of Hormuz

The Federal Maritime Commission is seeking new members for its National Shipper Advisory Committee to advise on ocean freight.

Houston's port is capturing more cargo volume as West Coast ports face reduced import demand, reflecting a continental shift

New attacks on ships near the Strait of Hormuz underscore regional tensions as US and China discuss Iran

Trans-Pacific ocean freight rates persist above pre-conflict levels despite subdued peak season forecasts from retailers

Port authorities and terminal operators must transition from passive infrastructure providers to active logistics orchestrators