Ocean Freight

The ship recycling market continues to soften globally, though an influx of older vessels may soon shift dynamics.

West of Suez VLCC and Suezmax tanker rates are highly sensitive to cargo availability and booking timing, causing rapid market shifts

Geopolitical shifts from the Islamabad MOU are influencing shipping markets in Q3 2026, with Strait of Hormuz transits resuming.

The global LNG bunkering market experienced significant growth in 2025, climbing to nearly 4 million metric tons.

The Baltic Exchange's dry bulk freight index ended its six-day advance, falling to 2,871 points, driven by capesize segment pressure

New EU steel import quotas have drawn varied responses from steel groups in Malaysia, Japan, and South Korea.

Challenges in ballast water management compliance persist for vessels globally, despite widespread system installations

Malaysian ports, including Port Klang and Port of Tanjung Pelepas, reported increased cargo volumes despite West Asia tensions

OceanScore's PortView platform is seeing growing adoption by ports to measure and enhance environmental performance.

Diana Shipping Inc. has issued a final reminder to Genco Shipping & Trading Limited shareholders to tender their shares.

The Flemish Government approved the draft project decision for the Left Bank Container Cluster in Antwerp, advancing port expansion plans

US containerized imports in June 2026 were stable at 2.4 million TEUs, showing an 8.2% increase from the previous year

Gulftainer revealed a $2 billion strategy to integrate ports, logistics, and AI-powered supply chains into a global platform

Vale is implementing ethanol-fueled bulk carriers and waste processing to meet its carbon reduction targets

Wheat futures rose as grain markets awaited the USDA's monthly supply and demand report, impacting commodity prices.

JBS has removed its 2040 net-zero emissions goal, specifically dropping targets for Scope 3 emissions from its climate plan

Nexcade, a UK-based AI technology provider, secured $6 million in funding to advance its shipment coordination automation tools

A federal appeals court has upheld the FMC's authority to strike down unreasonable detention and demurrage fees.

Port Freeport is expanding its automotive import business with Mitsubishi Motors and secured an $11 million federal grant.

Switzerland is in advanced negotiations with the US, expecting a positive outcome on a 15% tariff deal for trade stability.

Kongsberg Maritime and BCIT are investing in a new Marine Innovation Simulation Centre to boost maritime innovation and skills

AIDAmar cruise ship completed its annual bottom survey at Damen Shiprepair Rotterdam with 2,000 passengers onboard.

Modern tanker operations increasingly rely on onboard blending and cargo control for efficiency and profitability.

Bahri confirmed an incident with its VLCC Wedyan near the Strait of Hormuz; all crew are safe and cargo secure

SeaCube supplied five branded portable refrigerated containers for the Sail4th 250 celebration in New York Harbor.

NYK Group and Microsoft Japan have formalized a strategic partnership to drive digital transformation in shipping and logistics.

Sharjah Maritime Academy and Seamaster Maritime Group signed an MoU to boost maritime education and talent development.

GTT will design cryogenic tanks for four new 175,000 m³ LNG carriers for COSCO Shipping Energy at Jiangnan Shipyard

BHP Group Ltd faces potential industrial action at its Port Hedland iron ore operations, threatening export disruptions

China's central bank noted a structural economic imbalance with strong supply and weak demand, planning monetary easing to boost consumption