Ocean Freight

The Baltic Dry Index rose by 1.2% to 3,473 points, its highest since September 11, driven by capesize and panamax gains

BIMCO symposium participants agreed on the necessity of global cooperation and information sharing for maritime security

Marine insurers have lost billions covering war risks for shipping in the Strait of Hormuz due to ongoing US-Iran conflict.

Maritime experts discussed seafarer training needs for new fuels and technologies in Lisbon, focusing on competence for decarbonization

Houston's bunker fuel market faces tight availability for all conventional grades due to strong demand, impacting lead times.

Over 30 countries have joined the new OceanEye International Alliance to strengthen global ocean observation and support the Global Ocean…

UAB-Online and Dropboard are enhancing their integration to improve berth planning and port call coordination for bulk terminals

Accelleron secured orders for over 100 ACCX300-L turbochargers shortly after launch, indicating strong market adoption.

New guidelines from The Nautical Institute emphasize electronic evidence in maritime casualty investigations, reflecting technological…

Global crude steel production fell by 1.2% in August 2026, with regional variations in output

BPCL issued a rare spot tender for a November-delivery LNG cargo, with pricing linked to the JKM index.

Dar es Salaam port continues to outperform its East African counterparts in efficiency, improving its global ranking significantly

Malaysian ports are well-positioned to lead the country's transition towards greener port operations, says SEAMAT chairman.

Port of Antwerp-Bruges is installing a hydro turbine at Kallo Lock to generate renewable electricity from tidal water movements

ReCAAP ISC held a four-day meeting in Brunei with local authorities to enhance maritime security and combat piracy

SEA.AI and Carlisle & Finch have integrated AI-powered machine vision with maritime searchlight technology for enhanced vessel safety

The offshore wind industry is encouraged to adopt battery-first service vessel designs for enhanced efficiency and cost reduction

Crude oil imports at Lagos ports decreased by 38.6% in September 2026, totaling 1.47 million metric tonnes.

Imported iron ore margins have turned negative, driven by higher lump premiums and rising Brazilian freight rates.

The period after Golden Week is anticipated to be highly volatile for ocean freight, marked by schedule instability and cargo delays.

The US Senate rejected a resolution to curb presidential war powers concerning Iran, a largely symbolic vote before midterm elections

APM Terminals Mobile expands its intermodal rail yard to attract shippers to Gulf Coast routes, avoiding East and West Coast delays

The Dutch government is strengthening protection for critical container terminals and port infrastructure against security threats.

Venezuelan crude oil sales for October loading are facing delays due to a surge in shipping costs impacting negotiations.

Maritime transport was the main mode for EU goods trade with non-EU countries in 2025, carrying over 70% by weight

Sea transport dominated the EU's 2025 external trade by volume, while air cargo held a larger share by value

Russia plans to secure over $2.35 billion from exporters to finance new icebreakers for its Arctic Sea Route.

Eight suicide attempts were recorded among US sailors on the USS Abraham Lincoln during its extended 286-day deployment.

Insurance costs for oil tankers loading from Saudi Arabia's main Red Sea port have tripled recently due to heightened regional tensions

OCEAN, the European sub-committee of ISSA, celebrated 50 years of service to the ship supply sector in Brussels