Ocean Freight

QatarEnergy is investigating a deadly explosion and fire at its LNG production and export hub, causing 13 deaths and 66 injuries

The Singapore Maritime Foundation has launched its 2026 MaritimeONE Case Summit, a competition for students.

Shipowners face high bunker costs and slow charterer action as the FuelEU Maritime compliance deadline nears

Global shipping losses are near historic lows, yet the maritime industry confronts complex and evolving risks.

Jinjiang Shipping has ordered four additional 1,900 TEU containerships, doubling its feeder newbuilding program.

Wallenius Wilhelmsen secured a $420 million contract extension with a European carmaker for vehicle shipping services.

GTT will design cryogenic tanks for three new 174,000 m3 LNG carriers ordered by Samsung Heavy Industries for a US owner

Machinery damage and failure were the primary causes of global shipping incidents, with fires also a major concern

UAE oil exports rebounded to 85% of pre-Iran conflict levels in early June, leveraging pipelines and alternate routes.

Australia's government is funding a new program to boost the number of qualified seafarers through sea-time placements

CHIMBUSCO and Shenergy Group signed China's largest single green methanol procurement deal for 6,000 tons

Yinson Production has named its new floating storage and offloading unit for deployment at an oil field near Vietnam

Pemex and Petrobras signed an MoU to collaborate on decarbonization, alternative fuels, and carbon capture for two years

A new online tool has been launched to help the maritime industry eliminate illegal recruitment fees charged to seafarers.

Iran's oil industry expects a slow recovery in crude output and exports, despite ongoing talks to lift sanctions.

AD Ports Group launched its AI-powered Intelligence Headquarters (IHQ) to enhance global logistics and operational efficiency

DCE iron ore futures increased in the morning before a slight afternoon dip, while port spot prices rose by 4-9 yuan/mt

Mainport Shipping's new hybrid survey and ROV support vessel, Geo Master, has been christened and is now operational.

Adani Gangavaram Port is investing in community development, enhancing public infrastructure and health through CSR initiatives.

Nortrans Offshore secured a two-year charter for its Nor Spirit flotel with SBM Offshore for Angola FPSO life-extension work

The Port of Oakland saw container volumes rise by 1.9% in May, marking its second consecutive month of growth.

Port of Long Beach saw a 31.7% rise in May 2026 cargo volumes, reaching 842,030 TEU, alongside a US$1.05 billion budget approval

ICTSI is upgrading its Rio de Janeiro terminal with new quay cranes to handle 20,000 TEU vessels, enhancing capacity and efficiency.

Poland is developing a second floating LNG import terminal in Gdansk, reinforcing Europe's LNG infrastructure commitment.

Belgian customs intercepted several tons of hashish in a container at the Port of Antwerp, originating from Morocco.

The Versailles MOU has dramatically shifted maritime risk, causing Brent crude prices to fall 30% to $77.

The Port of London saw overall cargo tonnage decline in Q1 2026, yet Chinese imports surged by 250%.

Wärtsilä Gas Solutions is now Nord Gas Solutions after its acquisition by German private equity firm Mutares SE & Co. KGaA

Hellmann Worldwide Logistics is expanding its business in Japan and the Asia Pacific region, marking 20 years of operations.

ABP has invested £150,000 in specialized equipment at the Port of King's Lynn to enhance pipe handling capabilities