Ocean Freight

The US government will lower import tariffs on farm and construction equipment from 25% to 15% starting June 8.

Fleetzero, Thoma-Sea, and Glosten are partnering to accelerate the development of autonomous vessel solutions for maritime use

This supplement from Heavy Lift & Project Forwarding International examines how market volatility impacts shipping lines.

GustoMSC has unveiled an asymmetrical rack-and-pinion jacking technology for offshore wind installation vessels.

The May/June 2026 digital edition of Heavy Lift & Project Forwarding International is now available, focusing on industry resilience.

BYD has launched its first dedicated car carrier service from China to Australia, aiming to challenge Toyota's market position.

Maersk is implementing new and updated surcharges for cargo movements to and from Australia and New Zealand, effective mid-2026.

The Baltic Dry Index (BDI) saw a minor reduction, falling 17 points to reach 3205 points.

U.S. containerports are adapting to geopolitical shifts that are reshaping global supply chains and altering freight movement.

US regulators propose a 25% tariff on Brazilian goods, citing unfair trade practices and increasing uncertainty for forwarders

JGC Fluor JV secures approval for initial work on the LNG Canada export terminal expansion in Kitimat, British Columbia

The Azerbaijan–Netherlands Chamber of Commerce has launched to boost bilateral business cooperation, with Arjan Bos appointed chairman

MSC will apply new Peak Season Surcharges from West Mediterranean and Adriatic ports to North America starting July 1, 2026

Foggy weather has worsened congestion at China's key container ports, increasing waiting times for ships during peak export season

A record number of Greek shipowners now control fleets exceeding one million deadweight tonnes, marking a 24% increase.

The European Boating Industry has launched a roadmap for alternative fuel infrastructure to decarbonize recreational boating in Europe

Klaipėda Port secured a €55.5 million NIB loan to develop onshore power and green hydrogen facilities, boosting sustainability

Apollo's PALM Quick Connection System for floating offshore wind turbines has received Approval in Principle from Bureau Veritas.

Switzerland's integration into EuRIS means the entire Rhine River is now covered by the digital inland navigation platform

Port state control detentions are increasing due to aging fleets and safety deficiencies, posing predictable operational risks.

Container shipping rates from East Asia to the US surged this week, while liquid chemical tanker rates from the US Gulf softened.

The LNG spot market held steady with some tightening in the Pacific, while LPG freight rates are reaching peak levels.

Hercules Tanker Management has expanded its fleet with the acquisition of five product and chemical tankers from two different owners

Drewry's Intra-Asia Container Index (IACI) rose 5% to $1,008 per 40ft container, signaling increased spot rates.

Itochu's ZETA Bunkering secured approval for ammonia bunkering trials in Singapore, effective May 15

China delivered its first LNG carrier with a cargo containment system fully fitted with domestically made ultra-low-temperature valves.

FEPORT advocates for EU ETS revenues to be reinvested in European ports to support their green transition and maintain competitiveness

Oil exports via the Strait of Hormuz may not reach pre-war levels due to increased risk in the Persian Gulf.

US steel tariffs have made domestic can production more costly than imports, undermining efforts to boost local manufacturing

India is finalizing a new policy for coal gasification-based urea manufacturing to boost self-reliance and save foreign exchange