Ocean Freight

Global steel flows decreased by 8% year-on-year in April 2026, with Chinese exports falling 4% in tonnage

The EU's new Fertiliser Action Plan aims for long-term reform, focusing on affordability, transparency, and decarbonization.

Klaveness Combination Carriers has revised its Q2 2026 TCE guidance downwards due to operational performance and open positions

Low-carbon fuel technology company XFuel received a €4.1 million grant to develop a new production facility in Catalonia

South Korea's Industry Minister announced a significant investment to integrate AI into small and medium-sized shipbuilding.

The United States achieved record energy exports in 2025, with a significant net export surplus, primarily due to petroleum trade

US crude oil inventories fell less than anticipated, potentially impacting global crude prices and bunker fuel costs

European natural gas futures saw a rebound to €47.1/MWh amidst persistent Middle East geopolitical uncertainty.

European stock markets declined at the open following an escalation in hostilities in the Gulf, potentially imperiling a ceasefire.

US-Iran negotiations are driving dollar volatility, with recent developments creating market uncertainty and potential freight impacts

A new research initiative will examine the sharp increase in global seafarer abandonment cases and regulatory effectiveness.

Houston Ship Channel's Q1 2026 tonnage throughput rose 12% year-on-year, driven by a 19% surge in energy exports

Dutch customs in Rotterdam seized 20 kg of cocaine from an empty container at Rhenus terminal, leading to two arrests

Kazakhstan and Kenya are exploring a new logistics corridor to link the African and Asian continents, boosting trade.

Ocean Network Express (ONE) is modifying its FE1 and FE3 Asia-North Europe services, rerouting via the Cape of Good Hope

Inchcape Shipping Services has opened a new office in Brunei, targeting offshore, naval, and logistics operations.

The Port of Long Beach is offering a $1 million prize for the first commercial methanol bunkering, with NGOs advocating for truly green…

CLdN has appointed Cameron Bowie, a veteran from Hapag-Lloyd, as its new Chief Operating Officer starting July 13

Hutchison Ports BEST in Barcelona is expanding its operational capacity by acquiring three new Ship-to-Shore cranes from ZPMC.

Oil prices surged over 2% after Iran and the U.S. exchanged strikes, escalating Middle East tensions.

An icebreaking LNG carrier is making an early eastbound transit of Russia's Northern Sea Route with Arctic LNG 2 cargo.

Boskalis' BOKA Northern Ocean construction support vessel has completed dry dock maintenance and returned to the North Sea

Oil and gas E&P firms could unlock $500 billion in value by 2030 through AI and digitalization, Rystad Energy reports

Three tankers were reportedly hit by drones in the Black Sea off Turkey, prompting concerns for regional maritime security.

The EU plans to expand import quotas and tariffs to shield its critical industrial sectors from Chinese competition.

SpecTec CEO Adam Dennett discusses AI's impact on maritime operations and the importance of data standardization for shipping.

PIL Chairman SS Teo steps aside as the company faces a US Justice Department cartel investigation.

Australia's proposed gas reservation framework faces industry backlash, raising concerns about investment and export reliability

KOGA Shipping has appointed Gigio Sarabia as its new commercial agent and representative office in Mexico, enhancing its network.

A US maritime group is advocating for the termination of a Jones Act waiver, citing harm to domestic shipping jobs.