Ocean Freight

The Palau Ship Registry clarified that the M/T JAMES II (IMO 9253909) has not been registered under its flag since May 9, 2026

Sailors' Society will attend Posidonia 2026 in Athens as a supported charity partner, reinforcing its role in seafarer welfare.

The Marshall Islands welcomed the ITLOS judgment finding Equatorial Guinea liable for the detention of the "Heroic Idun" vessel.

BW Epic Kosan is expanding its use of GIT Coatings' graphene-based hull technology after achieving 6% fuel savings

Wallem Group was honored with the RINA Maritime Diversity Award 2026 for its 'Women of Wallem' program and IMO 'Adopt a Ship' support

The Baltic Dry Index (BDI) increased to 3,224 points this week, reflecting a rise in dry bulk shipping rates.

A restricted area will be established in Victoria Harbour, Hong Kong, for a drone performance, impacting vessel traffic.

Agora Shipbroking Corporation published its weekly report on commercial indicators for Week 22, 2026, outlining maritime market trends.

The Trump administration seeks immediate, unrestricted commercial shipping access in the Strait of Hormuz as part of a proposed Iran…

Ports are increasingly adopting AI-driven systems to bolster security, improve operational efficiency, and enhance safety across their…

South Korea's container trade with major Asian economies fell 5% in April, marking the third consecutive monthly decline.

Evergreen and T.S. Lines have commenced a slot swap agreement to expand their Asia-Japan service network coverage

Chevron CEO reports multiple vessel attacks in the Strait of Hormuz, highlighting persistent security risks for shipping.

About 25% of large oil tankers stranded by conflict have now navigated out of the Strait of Hormuz.

Containerized imports to the Middle East dropped 64% in March, with exports falling 62% year-on-year.

A Xeneta report investigates how costs are distributed among supply chain stakeholders during disruptions, emphasizing the value of trust

The simultaneous blockage of the Red Sea and Strait of Hormuz marks an unprecedented disruption for global shipping and logistics

Medkon Lines is set to launch a new Far East-Mediterranean container service next month, connecting China with the Mediterranean.

Jumbo Maritime has ordered two new L-Class heavy lift transport vessels, designed by Vuyk Engineering, for offshore operations

Ofiniti acquired Teqplay, integrating vessel tracking and port-call analytics into its maritime fuel operations platform

Asok Kumar takes on the role of Group CEO for Expolanka, part of SG Holdings, continuing as Morrison CEO.

Vard secured an $810 million contract with Inkfish for a deep-sea research vessel, marking a substantial order for the shipbuilder

The U.S. merchandise trade deficit narrowed to $82.4 billion, a 3.4% reduction from the previous month, due to increased exports

Ocean Alliance has revised its CBX service again, reinstating Port Kelang and adding New York to the rotation.

Forwarders warn that recent spot rate recovery on transpacific and Asia-Europe routes could lead to sharper price increases.

Global disruptions are set to drive container freight rates higher in the coming weeks, benefiting ocean carriers.

Alkagesta, a global commodity trader, has completed its first crude oil transaction, sending one million barrels to the Far East

Baker Hughes extended two long-term contracts with Equinor for hydrocarbon production in the Norwegian North Sea.

Liebherr delivers an electric FCC 280 crane to Puerto Seguro Fluvial in Paraguay, enhancing container and heavy cargo capacity.

Shearwater GeoServices completed a 3D seismic survey offshore Nigeria for TotalEnergies and its partner.