Ocean Freight

Iran threatens to close all oil and gas export routes from the Persian Gulf, potentially disrupting global energy markets

Asia-Pacific shippers foresee a surge in air and ocean cargo demand for the latter half of the year, alongside persistent supply chain…

The US has imposed new sanctions on Iran's shipping and oil trading network, intensifying economic pressure.

New ship orders are consistently strong across dry bulk, container, car carrier, tanker, and gas carrier sectors.

Middle East petrochemical exports face H2 shipping bottlenecks, with trade flows unlikely to return to pre-conflict levels soon.

The Strait of Hormuz closure in early 2026 triggered a strong recovery in shipping asset values and new vessel orders.

The IGU calls for regulatory support for bio-LNG production via 'liquefaction by equivalence' to scale renewable maritime fuels.

The Baltic Dry Index rose for the fourth straight day, reaching a new high since early June due to gains across all segments

China rolls out new measures to attract and stabilize foreign investment, focusing on opening more service sectors.

Global seaborne LNG trade saw a sharp increase until 2022, primarily due to Europe diversifying away from Russian gas.

LNG bunker fuel prices have climbed globally, driven by US-Iran tensions and supply concerns in the Strait of Hormuz.

A Memorandum of Understanding between Washington and Tehran sets a 60-day framework for a final settlement.

Navigator Holdings Ltd. has finalized agreements to sell eight gas carriers and its shareholding in the Unigas joint venture

A proposed 20% fee on Strait of Hormuz cargo highlights risks to global oil supply and potential shipping disruptions.

Asian buyers may shift demand to Australian wheat following disruptions to grain harvests and shipping in Russia and Ukraine

Adriatic LNG has launched Open Season 2026, inviting natural gas market operators to acquire regasification capacity

Mexico's ECA LNG facility has completed its first liquefied natural gas export, with the Pacific Success departing Ensenada.

Hedge funds and money managers reduced net-long positions in ICE Brent futures for the eighth consecutive week by July 7

China's exports grew 27.0% in June, exceeding forecasts and marking the fastest trade growth since 2021

Nigeria struggles to boost crude output despite rising global oil prices, due to ongoing operational and security challenges.

A mega container ship, MSC ERICA, recently docked at Karachi Port, signaling Pakistan's maritime modernization efforts

Malaysia's Transport Ministry is set to discuss optimizing port usage near the Thai border and in Penang to enhance logistics.

Valenciaport hosted a 'Modern Port Management' course for 33 Latin American port professionals under UNCTAD's TrainForTrade program

Japan's industrial output in May 2026 was revised sharply lower, indicating persistent supply chain and energy cost risks

The U.S. military deployed autonomous maritime systems in combat for the first time near the Strait of Hormuz.

Cameroon's main port has reopened after a bulker and cargo ship collision temporarily halted operations

A leading US oil port expects sustained high levels of crude exports, driven by ongoing geopolitical factors.

The US has reinstated its blockade on Iran after a tariff reversal, as a second death from VLCC attacks is confirmed

Taiwanese ocean carriers Evergreen, Yang Ming, and Wan Hai saw substantial Q2 revenue recovery due to higher rates and volumes.

Seaspan ULC ordered two ASD Tugs 2813 from Damen Shipyards Group, expanding its fleet with new vessels