Ocean Freight

Four tankers carrying Kazakh crude oil were struck by drones in the Black Sea over a four-day period.

Panama Canal experienced higher transit volumes and tonnage in Q3 FY2026, while preparing for anticipated El Ni o conditions

Pilbara Ports has formalized a new agreement to support seafarer welfare at the Port Hedland Peace Memorial Seafarers Centre

South Korea is considering the Suez Canal as an emergency crude oil import route if the Red Sea faces a full blockade.

European LNG traders doubt the EU's full Russian LNG import ban by 2027 will materialize, citing ongoing supply strains

DCE iron ore futures rose slightly, while spot prices at Qingdao Port increased marginally despite poor trading activity.

Copper futures are nearing a seven-week peak due to tightening supply and falling inventories in key global warehouses

El Niño is creating new risks for global agricultural markets, adding to ongoing disruptions in the Strait of Hormuz.

Oil prices climbed for a fifth straight session following Houthi militant attacks on Saudi tankers in the Red Sea.

India is pushing for biofuel adoption, including ethanol and biogas, to counter rising oil prices and secure energy supplies

Iran warns of regional oil sales halt if its exports are blocked, linking security to US forces' withdrawal

China's domestic crude oil output hit a record 216 million tons in 2025, boosting energy security.

Venezuela's crude oil production remains below historical levels despite eased US sanctions, highlighting ongoing challenges for the…

South Korea is bolstering its crude oil reserves in response to Red Sea and Black Sea maritime disruptions.

European natural gas prices are rising due to Middle East hostilities, sparking concerns over winter LNG supply security.

Lloyd's Register will expand its Maritime ESG Maturity Index pilot project to diversify participation and improve data sourcing

Rotterdam's port handled 212 million tonnes of cargo, with increased oil imports balancing reduced container traffic amidst global crises

The US EPA has sent California's maritime emission waivers to Congress for review, impacting vessel and port operations.

The UK DBT has unveiled new plans to bolster the country's freight sector, focusing on efficiency and resilience.

Worley will conduct pre-FEED work for a new carbon capture and storage project in the Dutch North Sea

A Danish vessel incurred damage during a berthing maneuver at Container Terminal Wilhelmshaven following a medical emergency onboard

India and Panama plan to deepen maritime cooperation across logistics, security, and digitalization, leveraging their respective strengths

DOF Group is selling four PSVs and purchasing two new CSVs to optimize its fleet for subsea operations

MSC's logistics division, Medlog, has officially acquired shares in Italy's major inland logistics hub, Interporto Bologna

Wind Multiplikator GmbH has rebranded as Semco Maritime Offshore Wind Service, aligning with its parent company

COSCO Shipping has ordered eight new heavy-lift vessels from Chengxi Shipbuilding to boost specialized cargo capacity

EU regulators are conducting an in-depth probe into the Saipem-Subsea 7 merger over antitrust concerns.

The latest weekly update details time charter rates for the tanker and dry bulk shipping markets.

A Saudi tanker was reportedly set ablaze in the Red Sea after a Houthi attack, escalating maritime security concerns.

The UK's maritime sector faces mixed signals on policy direction after a recent government reshuffle.