Ocean Freight

Iran and Oman have begun formal talks on the future administration of navigation in the Strait of Hormuz.

Spot ocean freight rates from South America to the US are climbing due to reduced capacity and shippers frontloading cargo.

Vessel transits in the Strait of Hormuz have increased significantly since late February after a US-Iran MoU.

Karachi Gateway Terminal plans a significant investment to boost capacity and leverage new cargo flows from regional conflicts

NYK Line has chartered VLGCs to transport low-carbon ammonia from Louisiana to Japan for JERA's power generation.

More vessels are openly signaling their intent to traverse the Strait of Hormuz, indicating growing confidence among shipowners.

Cido Shipping is reportedly ordering four VLCCs from HD Hyundai, with deliveries expected between 2029 and 2030

Ionic, a Greek shipping firm, has ordered four new suezmax and aframax tankers from Japanese shipyards, maintaining its focus on…

Questions over who will control the Strait of Hormuz and potential tolls could disrupt peace talks and shipping.

Marlink and Oldendorff Carriers are expanding their partnership to integrate Starlink LEO connectivity across Oldendorff's owned vessels

The U.S. Coast Guard is developing regulations and training for future nuclear-powered commercial vessels

Metrostar Management has ordered two 50,000 dwt MR product tankers from HD Hyundai Mipo for 2028 delivery.

Saipem has begun operations for the GranMorgu offshore oil project in Suriname, deploying the Normand Navigator vessel

The Baltic Dry Index (BDI) recorded a slight drop of 17 points, reaching a total of 2667.

A report warns North East Scotland's energy sector faces critical choices to transition its offshore workforce by 2030

Seaspan Yangtze containership completes methanol dual-fuel engine upgrade, first in a five-vessel retrofit program for Hapag-Lloyd.

BIFA states freight forwarders are critical for UK-EU trade, adapting to new border rules through tech and compliance investments

Monjasa's latest trainee group from its MOST program has graduated, with most joining the company's global offices.

ASCO has opened its first Middle East office in Qatar to expand regional operations and meet growing demand.

ABL, an energy and marine consultancy, has opened a new office in Salvador, Brazil, to expand its asset integrity services.

Geopolitical and economic instability, coupled with regulatory uncertainty, are the top risks for the maritime industry.

Scotland has invested £1.7 million into three projects to boost training and skills for its growing offshore wind sector

ECT expands evening hours for mandatory safety and access tests for truck drivers at its Rotterdam terminals.

Dorian LPG has ordered a new very large gas carrier from HD Hyundai and sold three older vessels to modernize its fleet

Germany's BSH proposes amendments to offshore wind farm locations and auction schedules to optimize future projects.

Taylor Maritime Group finalized two more vessel sales, yielding over $45 million for shareholders as part of its disposal strategy

The Port of Antwerp-Bruges is expanding its alternative fuel infrastructure to help shipping meet 2050 emissions goals

Bureau Veritas has certified the CMA CGM Notre Dame, the first in a series of 24,000 TEU LNG dual-fuel container ships

Seawork 2026, Europe's leading commercial marine exhibition, concluded with record attendance and strong industry recognition.

LNG shipping stocks fell as geopolitical tensions eased in the Strait of Hormuz, impacting market perception of risk.