Ocean Freight

EU maritime GHG emissions increased by 2.1% in 2025, mainly due to more ship categories falling under MRV reporting

South Korea is reportedly evaluating a plan to subsidize the installation of domestically manufactured eco-friendly and autonomous…

Daehan Shipbuilding secured an order for two Suezmax crude oil tankers, achieving its largest annual order volume to date.

Hanwha Ocean announced a 98% increase in Q2 operating profit, driven by strong LNG carrier orders and cost efficiencies.

Xanthos Kyriacou has been appointed CEO of Noatum CSM, a joint venture between Columbia Group and AD Ports Group

Global LPG markets saw a temporary recovery in July, boosted by US exports, before a US-Iran vessel incident curtailed progress

TOP Ships Inc. reported a significant 24% increase in its net asset value, reaching $359.2 million.

SK Innovation E&S imported 300,000 barrels of ultra-light crude oil from Australia to South Korea's Incheon Port.

Melchor Contracting Pty Ltd has been awarded a major contract for the Utah Ring Road reconstruction at Port Hedland

Lebanon is increasing state oversight of its seaports, airport, and border crossings to curb Hezbollah's influence

Persistent oil price volatility, fueled by shipping disruptions and geopolitical friction, threatens to entrench core inflation.

Hong Kong's trade deficit narrowed in June 2026, supported by a significant surge in exports of electrical machinery

Exiger, a supply chain AI company, has named retired U.S. Navy Captain Mark Harris as a Strategic Advisor.

A joint exercise between the U.S. and Norwegian Coast Guards in the North Atlantic concluded, boosting maritime interoperability

HMM's new five-year plan focuses on expanding its feeder and medium-sized container fleet, moving away from ultra-large vessel orders

Attacks targeting Ukrainian ports and commercial vessels have reportedly intensified, raising concerns for Black Sea shipping.

Canadian logistics firm WTC Group has acquired an electric terminal tractor, supported by grant funding.

Diana Shipping Inc. has secured a time charter contract with Classic Maritime Inc. for its Newcastlemax dry bulk vessel.

Oman Customs will mandate palletization for all imported cargo in phases, starting July 27, 2026.

Hambantota International Port Group clarified its vehicle storage policy as RORO volumes continue to grow, with many vehicles overstaying

CPC Corporation has paused new bunker nominations at Keelung port following technical issues with its bunker barges.

Texas manufacturing activity improved in July 2026, with the Dallas Fed's general business index rising to 1.3.

China's commerce ministry has formally opposed recent US tariffs on Chinese goods, implemented based on accusations of forced labor

China's industrial profits grew 18.7% in H1 2026, supported by strong exports amid sluggish domestic demand.

A report on carrier sales and purchase activity for week 30 has been released, detailing vessel transactions.

A report by ABS forecasts rising demand for offshore support vessels in floating offshore wind, with potential constraints by 2029.

Novorossiysk, Russia's largest Black Sea oil port, has resumed crude loadings after a halt due to weather and drone attacks

The Korea-U.S. Shipbuilding Partnership Center (KUSPC) has launched in Washington D.C. to enhance shipbuilding collaboration.

Kamarajar Port in India now features an 18-meter operational draft, allowing it to accommodate fully laden 170,000 DWT Capesize vessels

Three nuclear-powered commercial ship designs have received 'approval in principle', though widespread deployment is decades away