Ocean Freight

Container shipping schedule reliability fell to 29% in August, the third consecutive monthly decline and second-worst in 12 months

The Ningbo Containerized Freight Index (NCFI) stood at 2535.3 points for the week ending September 18, 2026

Intense fighting in Yemen's highlands between Houthi and Saudi-backed forces threatens a critical shipping chokepoint.

Liberian Registry and China's MSA held meetings to strengthen maritime safety and compliance, improving port state control.

Brullo Shipping Group is expanding its fleet with three new tankers from China's Anhui Shipyard for its Augustadue and Navalmed units

Diana Shipping Inc. has secured a time charter contract for its Ultramax dry bulk vessel, m/v DSI Polaris

Wirana Shipping stresses that Hong Kong Convention certification alone does not guarantee safe and environmentally sound ship recycling.

A joint project is underway to develop a 150,000 cbm ultra-large ethane carrier for expanded gas transport.

Greece's current account surplus narrowed in July 2026 due to a larger goods deficit from increased imports.

The International Propeller Club of Norway announced a new partnership with Höegh Autoliners to bolster maritime engagement.

JE Ocean Heavy Industries secured orders for six tankers, including crude oil and petrochemical carriers, ahead of its Gunsan Shipyard…

Egyptian ports saw substantial cargo and container traffic growth in 2025, reaching 233 million tons and 11.1 million TEUs

A secret agreement between the US and Houthis reportedly allows American ships free Red Sea passage if the US avoids Yemen war intervention

Imported iron ore margins are now profitable due to higher spot prices, despite steady supply and reduced mill demand

Hong Kong's economy shows strong recovery from past challenges, leveraging its core strengths in finance and trade.

Saudi Aramco boosted crude oil exports from Gulf terminals by loading 14 million barrels on seven VLCCs after a pipeline attack

Houthi forces are pushing to control key Yemeni areas, potentially impacting Red Sea shipping, after a reported US strike cancellation.

UN rapporteur says US attacks on suspected drug boats in the Caribbean may constitute crimes against humanity

Diesel prices in Europe and the US have hit record highs, driven by reduced exports from key producers due to conflicts

CMA CGM has added a direct Halifax call to its Indamex service, linking India with the US East Coast.

A model of the Greek salvage tug AIGAION PELAGOS is now on permanent display at the IMO headquarters in London

The Swedish Club celebrates 25 years of its Marine Insurance Course, having trained over 1,000 maritime professionals.

Etihad Rail and AD Ports Group launched a direct rail service linking Fujairah Terminals with Abu Dhabi's Industrial City

The Carriers Sales & Purchase Market Report for Week 38 details recent container vessel transactions.

A Capesize bulk carrier, the Cape Falcon, ran aground near Gladstone, Australia, with refloating efforts failing.

Ocean carriers are initially planning fewer blank sailings for Golden Week, but analysts expect more cancellations soon

Moerdijk Port and ProRail are piloting a neutral rail feeder to boost freight train efficiency and triple movements.

A shortage of VLCCs is increasing shipping costs for long-distance oil routes, affecting refinery profitability and cargo purchases

TotalEnergies and partners are moving forward with a $12.2 billion offshore oil project in Suriname, targeting 2028 production

Halliburton has signed new agreements to expand its presence in Venezuela's energy sector, amid growing U.S. interest.