Ocean Freight

Hutchison Ports Sohar has ordered 12 automated electric rubber-tyred gantry cranes from ZPMC for delivery in 2027.

US container imports fell 5.1% in April, reaching 2.05 million TEUs, a 7.3% year-over-year decline.

Global offshore wind capacity is projected to quadruple by 2035, with governments urged to expedite development for energy security

TGS has secured a new streamer acquisition contract in the Africa and Middle East, starting September 2026 for 55 days

Shearwater Geoservices won a two-month ExxonMobil contract for a seismic survey in Guyana's Stabroek Block

Taiwan's coast guard affirmed its maritime sovereignty, rejecting Chinese jurisdictional claims after recent patrols concluded.

The European Union has increased its Russian LNG imports ahead of an expected ban, indicating a rush to secure supplies.

Iran's IRGC claims hitting two ships and declares the Strait of Hormuz closed to all vessels, including tankers

The U.S. Treasury Department unveiled a new framework to re-open Venezuela's energy and mining sectors to U.S. and allied companies

The price difference for bunker fuel between Singapore and Rotterdam hit a new peak of $362 per ton in March 2026.

SHIPPINGInsight's 'Shark Tank' competition will be a prominent event at Posidonia 2026, highlighting maritime tech startups.

Digital solutions are transforming infrastructure management and facility maintenance in logistics, replacing outdated paper-based systems.

The global ship recycling market experienced a downturn last week, with India seeing a modest correction.

Geopolitical events have reshaped tanker markets, causing longer voyages and tighter fleet supply, leading to increased freight volatility

BIMCO is developing a new contractual clause to address EU sanctions on tanker resales to Russia, effective April 2026

Korean steel exports are expected to grow, fueled by the increasing demand from AI data center construction.

The EU is boosting electrification to secure energy, improve competitiveness, and cut emissions, driven by Strait of Hormuz risks.

The US government has sanctioned Iranian LPG exports to disrupt funding for its military and proxy groups.

ADNOC is exploring investments in Canada's upstream oil and LNG sectors, signaling potential expansion in global energy markets

ESPO welcomes the Council Conclusions on the European Ports Strategy, seeing them as a strong basis for future discussions.

Maritime leaders at Posidonia 2026 urged a move to predictive healthcare for seafarers, citing rising industry pressures

Achilles' Maritime Network met at Posidonia 2026 to strengthen cyber risk resilience and supplier assurance in the shipping industry

PortMiami is searching for a new director while addressing ongoing issues with its fuel depot operations.

LNG has become a mainstream marine fuel by 2026, with widespread adoption and bunkering infrastructure globally

China's shipbuilding industry is accelerating its green and smart transition, providing new solutions for global maritime decarbonization

Europe's transport fuel supply is resilient but vulnerable, with a significant portion of imports from the Middle East Gulf.

Donald Trump indicated the U.S. would attack Iran without a peace deal and claimed secret military escorts for oil shipments.

Container shipping costs from Asia to the US have doubled due to the Iran war, rising fuel prices, and increased importer demand

Two commercial ships under Panamanian and Barbadian flags were damaged in an attack within Ukraine's Black Sea corridor

A judge urged the Trump administration to drop its appeal concerning a $10 billion tariff refund order.