Ocean Freight

Dong Fang Offshore has ordered its fifth commissioning service operation vessel (CSOV) from Vard, valued at up to $86 million

The Baltic Dry Index climbed 43 points to 3,473, reflecting an increase in global dry bulk shipping costs.

Taiwan has increased maritime patrols near the Pratas Islands by deploying larger ships due to rising Chinese activity

Van Oord has named its two new subsea rock installation vessels, Vindnes and Stornes, being built in China.

A substantial rise in tanker earnings is attracting new investors to shipping, as geopolitical crises limit vessel supply

Crowley has appointed Brea Schmidt as Chief Financial Officer, responsible for financial strategy and capital allocation.

TFG Marine's MFM-equipped bunker barge, Kingston Trader, is heading to Jamaica, marking a regional first for MFM bunkering.

Construction has started on the first of two advanced trenching support vessels for subsea cable installation

Brittany Ferries, Adrena, and Bureau Veritas Solutions report 6% fuel savings using a digital twin-enabled routing solution.

Rheinmetall's Naval Systems Division secured a multi-year contract for maintaining four new LNG-fueled German Customs patrol vessels

Vineyard Wind and GE Vernova settled a $360 million dispute over offshore wind turbine failures, highlighting project cargo risks

BIMCO updated its eBL standard for bulk shipping, incorporating 36 data fields to boost digital trade documentation adoption

Shippers are focusing on risk mitigation, resilience, and readiness for the 2026/27 ocean freight bid season.

Google, Microsoft, and DSV have joined ZEMBA to collectively drive the adoption of zero-emission maritime shipping.

Iron ore inventories at 10 key global ports rose by 681,500 metric tons, reversing a three-week decline

Surcharges are now the default industry response to volatility, creating unpredictable costs for shippers.

Marine insurers are vital for managing war risks in global shipping, requiring continuous tool development to support trade.

The UK Emissions Trading Scheme (ETS) has expanded to include domestic maritime activities, affecting charterers and shipping contracts

Valenciaport's import and export activities rebounded in August, though transshipment volumes saw a decline.

China's US LPG imports have recovered to pre-2025 levels due to Middle East supply issues and new duty strategies

Chinese iron ore futures are experiencing downward pressure, nearing one-month lows due to ample supply and rising port inventories

Copper futures dropped from record highs due to a stronger dollar, making the commodity pricier for overseas buyers

China and the United States recognize the vast potential for cooperation in bilateral liquefied natural gas trade

CSL OWL SRI launched MV Rock Star, a dual-fuel methanol subsea rock installation vessel for offshore renewables.

China Merchants Heavy Industry has commenced building a new, powerful trenching support vessel for Boskalis.

Petronas LNG Ltd. has received a new LNG carrier from Hudong-Zhonghua Shipbuilding to boost global deliveries.

Van Oord is expanding its subsea rock installation fleet with two new 35,000-tonne vessels for offshore projects

Commodity vessel transits through the Strait of Hormuz remain below the recent 10-day moving average, signaling potential disruptions

Fugro has secured new offshore survey contracts in Timor-Leste and Australia for subsea and wind farm projects

A new non-governmental body, the International Green Shipping Corridor Alliance, has launched in Beijing to advance shipping…