Ocean Freight

Greek shipowners are significantly increasing newbuild orders for dry bulk vessels, expanding the orderbook in early 2026

Atlantic Panamax dry bulk rates saw a 65% increase in Q2 2026, reaching $18,933/day, driven by South American grain demand

Global shipping finance portfolios are showing a modest increase, with top banks' lending reaching US$300.6 billion in 2025

The Baltic Dry Index rose to a one-month high, driven by a 2% increase in capesize vessel rates.

Maritime piracy incidents fell to their lowest point since 1992 in the first half of 2026, though risk remains.

IMO Secretary-General provided an update to the IMO Council regarding the Strait of Hormuz, focusing on security, seafarer safety, and…

Ferry operators in Northern Europe are adopting hybrid scrubbers due to OSPAR regulations and economic advantages

Shipping traffic in the Strait of Hormuz held steady after recent tanker attacks, with the IMO urging caution

OFAC has replaced General License X with General License X1, effective July 7, 2026, restricting activities.

KPI OceanConnect reported substantial financial growth for 2025/2026, with revenue reaching USD 6.2 billion and EBT up 21%

Pakistan has started constructing its first containership in decades, signaling a revival of its shipbuilding sector

Stolt-Nielsen Limited reported Q2 2026 unaudited results, showing a net profit of $51.7 million and revenues of $750.3 million

The ILWU clerical unit has organized SSA Marine workers in Utah, signaling a strategic expansion to inland logistics offices

Port Deendayal (Kandla) has updated its berthing policy for liquid cargo, while Hong Kong's Victoria Harbour will have a restricted area.

Kongsberg Maritime secured a long-term service agreement with KOTUG International for five new offshore support tugs

Second-hand bulker sales have decreased as the summer holiday period approaches its midpoint, reflecting a seasonal market shift

Mid-age Supramax bulker values dipped, older tonnage firmed, and tanker values showed mixed trends.

Hanwha Ocean has chosen TMC Compressors to provide marine compressed air systems for two LNG carriers being built for a Greek owner

The St. Lawrence Seaway saw general cargo volumes fall in 2025, offset by rising bulk cargo to maintain overall tonnage.

Oil tanker traffic through the Strait of Hormuz has almost stopped due to increased shipping risks after US airstrikes and Iranian…

Turkey and Iraq are set to extend their long-standing crude oil pipeline agreement for another year, maintaining a key energy route

Oil prices saw a slight decline as markets considered the evolving U.S.-Iran conflict and its implications for the Strait of Hormuz.

U.S. natural gas futures fell to a six-week low due to anticipated low LNG export flows from Freeport LNG maintenance.

A new startup is working to link physical crude oil to a digital token using blockchain technology.

Maersk adds a second Red Sea service as US-Iran ceasefire collapses, increasing Houthi attack risk for commercial shipping.

Steerprop will supply two SP 175 T propulsors for the third tugboat in a series being built by Med Marine

Maersk is resuming Red Sea and Suez Canal transits for Middle East-US East Coast services, a step towards restoring key shipping routes

Despite robust demand, the project cargo sector is struggling with delays, limited capacity, and a talent deficit

Concordia Damen will build two bespoke river cruise vessels for TUI River Cruise, expanding their fleet.

Saitec Offshore Technologies is using its DemoSATH floating wind platform to test nature-inclusive designs and environmental monitoring