Ocean Freight

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

DP World completed dredging for Senegal's Ndayane Port 13 months early, advancing the $1.2 billion project.

Donald Trump shared AI-generated images on Truth Social showing US forces seizing and destroying Iranian oil tankers.

The US is urging Mexico to adopt similar steel tariffs on Chinese imports to protect North American trade.

RightShip and NorthStandard are collaborating to share vessel inspection reports, aiming to reduce duplicate checks and boost safety.

The Drewry World Container Index fell by 4% for the second week, driven by increased capacity and US tariff concerns

BIO-UV Group, a French water treatment and disinfection systems specialist, announced a $22.8 million turnover for H1 2026.

New Section 301 Forced Labor Tariffs are unlikely to change sourcing, shifting focus to compliance and cost management

HyFive has secured 60% of its HyMet Musel plant's e-methanol output for an ARA-based customer.

Four bidders, including CMA CGM, are vying for a 49% stake in SNCF's Rail Logistics Europe due to an EC state aid ruling

China suggests the US has agreed to cap replacement tariffs at 20%, allowing for a potential 7.5% increase.

Hapag-Lloyd and DB Cargo have launched a new rail freight service connecting key English ports to Scotland

Kuehne+Nagel CEO Stefan Paul asserts the Gulf landbridge cannot substitute Hormuz shipping due to port congestion and renewed attacks

Diana Shipping has withdrawn its tender offer for Genco Shipping, maintaining its per-share bid as Genco's fleet value falls.

Piraeus Port Authority and National Technical University of Athens signed an MoU to promote multi-sector maritime development

The Baltic Dry Index (BDI) fell by 47 points to 2696 on July 27, indicating a shift in dry bulk shipping costs

Port of Tyne launched a major environmental cleanup after the Wind Orca vessel struck a crane, causing damage and one injury

Wallenius Wilhelmsen completed a complex breakbulk operation to transport John Travolta's Boeing 707 to an Australian museum

Far East to US ocean spot rates are slightly softening but remain elevated, with gradual declines expected to continue.

Maritime diversions from the Red Sea via the Cape of Good Hope are increasing tanker tonne-mile demand and operational costs

Conrad Shipyard and Samsung Heavy Industries obtained ABS Approval in Principle for a 12,000 cbm LNG bunkering ATB design

IBIA's technical group found no direct link between shale oil in marine fuels and vessel operational issues.

NEMO's task force is assessing STCW rules for nuclear-powered merchant ships, identifying training needs and skill gaps.

Ocean carriers on transpacific routes are reportedly reaching the limits of their capacity management strategies, says Xeneta.

Shipping companies are increasingly adopting biofuels, including B100 and blends, to meet FuelEU Maritime compliance requirements.

LPG shipping rates rose last week, while LNG rates remained stable with a slight softening on key routes.

The Drewry Intra-Asia Container Index (IACI) fell 2% to $960 per 40ft container, marking its fifth weekly decline.

CMA CGM is implementing an emergency fuel surcharge globally from August 1 due to escalating Middle East tensions and rising energy costs

IMO workshop discussed chain of custody models for sustainable marine fuels to ensure traceability of GHG intensity

South Korean shipbuilders are accelerating development of high-value vessels to counter China's growing presence in the advanced…