Ocean Freight

Chinese steel rebar futures recovered to CNY 3,090/ton, supported by higher iron ore prices and positive sentiment.

Attacks on Black Sea grain infrastructure have driven wheat prices to a two-year high, impacting global commodity markets

Wheat futures experienced mixed trading as Black Sea attacks raised supply concerns, balanced by profit-taking.

Deutsche Bank anticipates China's economy will reach 4.7% GDP growth in 2026, bolstered by policy support and services

Asia-Pacific economic integration is bolstering trade, with Chilean cherries in China showcasing robust long-distance supply chains

The EU's 21st sanctions package expands restrictions on Russian shipping and tanker operations, impacting maritime trade.

The IMO has strongly condemned recent Houthi attacks targeting international shipping in the Red Sea region.

Fincantieri delivered Explora III, the third luxury cruise vessel for MSC Group's Explora Journeys, from its Genoa shipyard.

Saronic and Samsung Heavy Industries partner to develop autonomous maritime systems, strengthening the US shipbuilding industrial base

Jordan's Port of Aqaba provides a strategic Red Sea connection for cargo bound for the Gulf, Levant, and Iraq.

Saudi Aramco is offering extra crude cargoes from Egypt's Sidi Kerir port due to Houthi threats in the Red Sea.

Marine insurance costs for southern Red Sea transits have doubled for some companies after recent Houthi attacks on a tanker

Four crew members were hospitalized after a toxic gas incident on the fishing vessel Antarctic Discovery during maintenance

Container spot rates are falling on key East-West routes, driven by increased vessel capacity and softer demand.

Rotterdam's first-half container volumes remained flat, with strong demand offset by reduced transshipment due to infrastructure limits

Former President Trump threatened military action against Iran after Houthi forces attacked Saudi oil tankers in the Red Sea.

Port of Tyne begins recovery after a vessel collision toppled a gantry crane and caused a plastic pellet spill.

Kuehne+Nagel is reportedly exploring options for its Apex Logistics unit, including a potential 20% stake sale

Mondelēz International has reached 100% certified sourcing for palm oil and cocoa, though other sustainability goals show uneven progress

Grandweld Shipyards secured a contract from Bahri Logistics to build two offshore support vessels for Ras Tanura Port.

Poland's GAZ-SYSTEM has named its first FSRU 'Solidarity', aiming to boost regional energy independence.

The Baltic Dry Index increased by 10 points, reaching 2725, indicating a slight uptick in dry bulk shipping costs

MSC and CMA CGM have implemented new surcharges for Panama Canal transits due to operational issues and low water levels.

Bureau Veritas executive Julian Bulan discussed the shipping industry's data-driven approach to reducing greenhouse gas emissions

Antwerp-Bruges retained container market share in 2026 despite 260,000 TEU loss from strikes and an oil spill

Paris-Rungis and Dunkirk Port have partnered to create a rail-served agro-logistics hub for fresh produce.

Kuehne+Nagel increased its 2026 profit guidance, citing a 35% surge in Air Logistics earnings and robust sea freight volumes

The Port of Bilbao saw a 12.3% cargo increase in H1 2026, fueled by breakbulk and energy projects.

Maersk adds a $1,000 per container surcharge for all cargo transiting the Strait of Hormuz, effective July 23, 2026

Gibraltar saw 553 marine fuel calls last month, its second-highest total this year, increasing 12.6% year-on-year for H1 2026