Ocean Freight

MSC is rerouting container cargo to Puerto Cabello after earthquakes halted terminal operations in La Guaira, Venezuela.

The Baltic Dry Index (BDI) climbed 88 points to 2,650 on July 2, 2026, signaling strong dry bulk demand

Sydney completed its new ferry fleet rollout, adding 136 weekly services on the Parramatta River route with two new vessels

Alfa Laval will supply HVO pre-treatment technology for Acelen's new biorefinery in Brazil, with completion expected by 2029

TMC Compressors will equip ten new Central Group product tankers with marine compressed air systems.

Preliminary data from the Central Bureau for Statistics indicates Dutch economic growth in 2025 was largely export-driven.

MODEC has completed the forward hull section of the Gato do Mato FPSO, a key construction milestone for the Brazil-bound unit

Everllence expanded its Augsburg training center to support alternative fuel engines, focusing on green methanol and methane.

Fratelli Cosulich Marine Energy has received its second methanol-ready bunker tanker, 'Lucia Cosulich', from a Chinese shipyard.

CMA CGM Group appointed Patrick Moebel, former FedEx Logistics president, as CEVA Logistics CEO, effective July 1.

Saudi Aramco has increased crude oil exports from Ras Tanura, shifting to spot pricing for faster sales in Asia.

A Peruvian court has affirmed government oversight of a Chinese-owned port near Lima, supporting US regional influence.

Boskalis and Van Oord won a €500 million contract for large-scale dredging at Sweden's Port of Luleå.

Vopak has completed its acquisition of a majority stake in Green Energy Storage, including a significant BESS project investment.

Vattenfall began offshore construction for the Nordlicht wind farm, installing the first monopile for Germany's largest project.

Suez Canal container ship transits reached their highest weekly level since January, with 35 vessels passing through.

The IMO has published a non-mandatory code for Maritime Autonomous Surface Ships, creating the first international regulatory framework

Eastern Pacific Shipping reported that alternative fuels made up 25% of its total fuel consumption in 2025.

North American supply chains face dynamic shifts from an early peak season, frontloaded imports, and new regulations

HD KSOE secured $570.7 million in new orders for an LNG carrier and a floating storage regasification unit.

China delivered two 174,000-cubic-meter LNG carriers, demonstrating its independent capabilities in high-end shipbuilding.

HD Korea Shipbuilding & Offshore Engineering secured a contract to build a new Floating Storage Regasification Unit (FSRU)

Abu Dhabi has launched a new guidebook to help international maritime businesses and entrepreneurs establish operations in the emirate

Vessel flows to Iran are rebounding, supported by South American agricultural products, while US planting ratios favor soybeans

A container vessel collided with the Spijkenisserbrug bridge, causing structural damage and shifting containers on deck.

China's WTO entry increased pollution mainly via coal power plants, not directly from exporters or their supply chains

Oil prices edged down after indirect U.S.-Iran talks in Doha concluded without a major breakthrough but maintained dialogue.

US crude oil inventories dropped less than forecasted, potentially affecting bunker fuel prices and shipping expenses

Iran has exported over 40 million barrels of crude oil and is selling it at a 20% premium after the US blockade was lifted

Goldman Sachs forecasts a global oil market surplus as Middle East tensions ease and Strait of Hormuz shipping normalizes