Ocean Freight

The EU has cut Ukraine's duty-free steel quota by 59%, a larger reduction than for other steel imports.

Baumarine by Klaveness is enhancing its strategy to help dry bulk shipowners optimize earnings through spot performance and fixed-rate tools

MISC Bhd secured a 10-year contract from Malaysia LNG for LNG shipping services using a newbuild carrier

An EU naval mission, led by Italy, boarded a Russian 'shadow fleet' tanker, the second such operation in two weeks.

Hungary's Paks nuclear plant halted operations due to critically low Danube River levels, marking a significant first-time shutdown

Pilbara Ports achieved a new trade record, handling 804.1 million tonnes across its facilities in the 2025–26 financial year

Caribbean nations are implementing new strategies, including specialized vessels and barriers, to manage increasing sargassum seaweed.

Yemen's Houthi maritime coordination body denied reports of imposing fees on commercial ships transiting the Bab el-Mandeb strait

An Italian frigate successfully escorted a merchant vessel through the Red Sea, as confirmed by the EU's ASPIDES mission

A Russian civilian vessel, owned by Rosatom, sank in the Black Sea following a Ukrainian drone attack

An LNG carrier was struck in the Strait of Hormuz, indicating renewed Iranian attacks on vessels near the Omani coast

Hapag-Lloyd has temporarily suspended its feeder vessel services to Ukraine, affecting cargo movements.

Brazilian iron ore exports saw a decline in the first half of 2026, contrasting with a global increase in seaborne trade

Ocean container spot rates are holding steady, marking a pause before the upcoming peak shipping season.

Ongoing disruptions in the Strait of Hormuz have caused a notable shift in global VLCC crude oil trade patterns.

A 2025 vessel collision involving a jet fuel tanker caused a fatality and led to a master's conviction

The Baltic Dry Index rose 2.2% on Friday, reaching its highest level since July 27th and contributing to a monthly gain

Rotterdam is emerging as a leader in alternative fuels, while Antwerp maintains its focus on conventional bunker demand.

Strait of Hormuz vessel traffic is limited due to US and Saudi Arabian strikes on Iranian proxy groups after Iranian attacks on US forces

Geopolitical tensions in the Middle East escalated, leading to renewed military actions and potential impacts on maritime shipping.

The Drewry World Container Index (WCI) experienced a 3% decline last week, impacting global container shipping rates

Middle Eastern exporters are adapting tanker operations amidst ongoing regional conflict, affecting crude and product flows.

China's crude oil imports fell in Q2 2026 due to higher prices and Strait of Hormuz disruptions, easing global price pressure

New US LPG export capacity could stabilize terminal fees and improve supply reliability for Asian chemical feedstock markets

The Alang ship recycling market saw improved sentiment as buyers actively sought tonnage after recent losses

HII reported $3.4 billion in Q2 2026 revenues and $208 million in net earnings, raising its full-year shipbuilding forecast

Dualog has launched Workspace, a secure collaboration platform for the maritime industry, unifying ship-shore communication.

Jamaica is assisting the IMO in revising global regulations for maritime workforce training, as noted by Secretary-General Arsenio…

Saudi petrochemical giant SABIC states its Red Sea shipments remain unaffected by Middle East conflict, using flexible supply chains.

The Capesize bulk carrier "Attikos," built in 2012 and scrubber-fitted, was sold for USD 37.5 million.