Ocean Freight

COLI Group has concluded its strategic partnership with CSL Shipping, which centered on marketing a multipurpose vessel.

German marine equipment suppliers are seeing rising revenues and strong order books due to a global shipbuilding boom

Bahri is expanding into the offshore marine support sector with new OSVs delivered by Grandweld, destined for Ras Tanura.

UK startup Drift Energy has secured over $500 million in funding for 50 wind-powered hydrogen production vessels.

DOF has secured a contract for subsea construction and pre-commissioning support in the APAC region, starting Q4 2026

ADNOC, XRG, and Mitsui have signed an agreement to explore joint ventures in LNG, crude oil, sulfur, chemicals, and shipping.

Osprey Group completed the complex transport of four offshore towheads for Aker BP's Yggdrasil project, involving multimodal logistics.

A Moscow court has ordered the seizure of Transbunker's assets, transferring control to the state due to foreign ownership concerns

Norway's maritime industry is projected to miss its 2050 zero-emission target without faster decarbonization efforts

Super Typhoon Bavi, a Category 5 storm, is forecast to hit Taiwan and China, threatening key shipping lanes.

Small-tonnage coaster markets in the Black Sea and Mediterranean are facing a deeper summer lull despite the new grain season

Russian tanker operators have increased crude oil shipments from domestic ports as non-G7 peers withdraw due to flag registry clampdowns

The UP World LNG Shipping Index continued its decline last week, though at a reduced pace, closing at 194.60 points.

d'Amico International Shipping's subsidiary sold its oldest product tanker, MT High Tide, at a favorable price.

The Port of Las Palmas, a key Mid-Atlantic hub, manages five ports across the Canary Islands, focusing on maritime services.

India's coal imports fell by nearly 13% in April 2026, with power sector purchases dropping by almost a quarter.

Analysis post-"BHP Files" highlights the need for policy evolution to drive mining decarbonization, despite mature solutions

Soybean futures rose to a five-week high due to renewed Chinese demand for US supplies, with Cofco booking multiple cargoes.

Malaysian palm oil futures climbed above MYR 4,500 per tonne, supported by strong export demand and broader edible oil market gains.

Saudi Arabia has cut its August Arab Light crude oil official selling price to Asia, reaching its lowest level since 2020.

Henry Hub natural gas prices are projected to rise to US$5/mmbtu by 2035, ending a decade of lower costs.

US natural gas futures climbed to a one-week peak, supported by reduced output and higher LNG export demand

Asian stocks fell sharply due to investor concerns over AI company valuations, despite strong earnings from Samsung.

A Qatari LNG tanker was struck by a projectile off Oman, causing a fire, with no casualties or environmental impact.

Inpex Energy Trading Singapore has finalized a long-term LNG supply agreement with ADNOC Ruwais Liquefied Natural Gas

Foreship developed an energy-efficient ferry concept tailored for Greece's domestic island network, addressing operational challenges

DP World is expanding its coastal shipping network in India to boost domestic cargo movement and logistics connectivity

WIMA Europe launched to unite professionals and leaders, strengthening women's roles across the European maritime sector

Oil prices climbed as US-Iran deal uncertainty outweighed a minor improvement in Strait of Hormuz shipping.

AAL Shipping efficiently moved wind turbine components for the King Rocks Wind Farm, reducing voyages through optimized vessel use