Ocean Freight

Kenya begins building a $16 billion oil refinery to cut East Africa's fuel import costs and save foreign currency

Four tankers were reportedly struck in the Strait of Hormuz over a 24-hour period, according to UKMTO reports.

Additional tanker attacks in the Strait of Hormuz have been reported, increasing maritime security concerns in the region

Hapag-Lloyd's $4.2 billion bid for Zim may need to be re-evaluated due to Israeli national security concerns.

Port Nelson's underlying profit jumped 79% on record log exports, but a cargo slowdown is anticipated.

GD-iTS Group has launched GD-iTS Baltics UAB in Klaipėda, Lithuania, to boost its freight forwarding presence in the Baltic region

Hapag-Lloyd is reportedly restoring its TPI service through the Suez Canal for India-US East Coast routes.

Russia's United Shipbuilding Corporation has started constructing its first unified river-sea vessel, targeting cost and delivery…

Scorpio Tankers has placed orders for four new vessels, including LR2 product tankers and VLCCs, all equipped with scrubbers

C&C Marine and Repair delivered the M/V Capt. Pete Ciaramitaro, a 2,600-horsepower inland towboat, to Southern Devall

Casablanca Port has received Africa's first Liebherr LPS 550 portal slewing crane for bulk cargo operations

Nakilat has named its new LPG/ammonia carrier, 'Energy North', which will join its fleet in October 2026

BOMESC secured a contract up to RMB2.1 billion from SBM Offshore for FPSO topside module work in Tianjin through 2028

A $55 billion World Bank investment could quadruple Middle Corridor freight volumes and cut transit times by two-thirds.

PortXL has unveiled the 11 maritime startups and scale-ups participating in its 2026 acceleration program.

Precious Shipping has ordered four Ultramax dry bulk vessels from Taizhou Sanfu Shipyard, with deliveries set for 2030-2031

Titan Clean Fuels' LNG bunkering vessel, Titan Unikum, completed its 15-year Special Survey and Dry Dock in China.

A new independent knowledge center, SECTR, will launch in the Netherlands to inform policymakers on logistics and freight transport.

Solstad Maritime secured contracts for two AHTS vessels for drilling support in the Asia-Pacific region, valued at up to $30 million

A US Department of Energy report indicates ethanol is technically viable as a marine fuel, pending regulatory and infrastructure development

Lehmann Marine has installed its CUBE battery system on a hybrid fast crew boat at a Chinese shipyard, promising significant fuel savings

Growing Arctic shipping, especially for energy, demands advanced voyage-level risk assessments due to geopolitical shifts and increased…

The IMO's CCC 12 session focused on a safety gap concerning SP188 exemptions for small lithium and sodium batteries.

Monjasa has enhanced its physical bunker supply in Cartagena, Colombia, with two BIRE-qualified barges now in operation

Spain's ports saw a 9% rise in bunker fuel sales in August, totaling 880,000 metric tons.

Brazilian soybean oil exports remained strong as increased domestic processing expanded production, according to official data

Iron ore prices saw an uptick in most-traded contracts and Qingdao spot rates, despite contradictory underlying data.

Iron ore futures rose as China's manufacturing sector showed growth, improving demand prospects for the largest metals consumer

US crude oil inventories unexpectedly rose by over 1 million barrels, indicating weaker demand than initially forecasted.

Wells Fargo has raised its 2027 crude oil price targets due to continuous supply risks and the need for inventory rebuilding