Ocean Freight

POSH has secured new charters for three vessels after their successful deployment in non-traditional offshore support roles

An 11,400-tonne offshore substation built in Vietnam has shipped to Taiwan for the Fengmiao wind farm project

The Philippine Department of Energy has issued a revised timeline for its offshore wind auction, with bidding slated for December 2026

AI and advanced tracking are used to detect and monitor the "dark fleet" of vessels concealing their identities

Gwadar Port achieved a transhipment milestone but faces ongoing challenges in attracting consistent liner services.

Borr Drilling is acquiring Paratus Energy Services' jack-up rig fleet to bolster its presence in the Mexican offshore market

Maritime Partners has expanded its fleet by adding the M/V Lulu Hamilton, signaling growth in its maritime operations.

South Africa successfully drydocked its largest vessel in over a decade, showcasing enhanced maritime repair capabilities

The ship recycling market remains subdued globally, driven by weak local demand for end products and negative sentiment

BIMCO forecasts El Niño will create a new demand shock for dry bulk shipping, compounded by Strait of Hormuz uncertainty

Capesize vessel demand data from 2015 to 2026 shows shifts in the age profile of ships carrying iron ore and bauxite.

Capital Clean Energy Carriers Corp. reported higher Q2 2026 revenue, adding new LNG and multi-gas vessels to its fleet

The Baltic Dry Index has dropped to a four-week low, influenced by declines in capesize and supramax rates

Tanker operator Performance Shipping Inc. reported a substantial increase in net income for the second quarter of 2026.

TOP Ships Inc. acquired three newbuild MR tankers, significantly boosting its potential gross revenue backlog.

Bahri posted a record Q2 2026 net profit of SAR 2.75 billion, largely due to strong crude oil transport demand and high freight rates.

The EU has enacted its 21st package of sanctions against Russia, amending existing regulations and introducing new restrictions.

The Port of Savannah saw an 18% increase in container volumes for June, concluding its fiscal year with strong growth

Adani Ports reported a 10% net profit increase in Q1 FY27, with revenue climbing 19% year-on-year

A new £40 million project at the Port of Dover will reconfigure border control facilities to ease traffic congestion.

A Norwegian asset swap deal between Vår Energi and Equinor highlights the vulnerability of UK FLAGS pipeline systems.

Oil prices rose after US and Saudi strikes in Iraq, with Middle East tensions and US inventory draws supporting the increase

Russia has lifted rail restrictions on Kazakhstan sulfur exports, reopening key routes to ports like Ust-Luga.

Kumba Iron Ore saw a significant 32% EBITDA reduction in H1 2026 due to currency, freight, and pricing pressures

Glencore reported strong half-year production, with key assets performing as expected and increased output in several commodities

Wheat futures climbed on the Chicago Board of Trade following reports of new Black Sea grain export disruptions

Houthi rebels are reportedly exploring the imposition of transit fees on ships utilizing the Red Sea.

The Port of Tyne and River Tyne will close temporarily to remove a damaged containership and crane.

Explosions at an Egyptian LNG port, with a U.S.-owned tanker hit by a drone, signal potential conflict expansion

An aging global bulker fleet is increasing demand for enhanced tank top protection to maintain vessel integrity