Ocean Freight

Oil markets are volatile due to Iran's potential plan to impose a permanent fee on ships transiting the Strait of Hormuz.

US gasoline futures fell to a five-week low on reports of a potential Iran war resolution, raising hopes for the Strait of Hormuz.

A Dallas Fed official warned that extended closure of the Strait of Hormuz might require global energy consumption cuts.

Brazil's cement industry is being pressed to reduce its reliance on imported petroleum coke to enhance energy security and decarbonize

Diana Shipping has increased its all-cash takeover bid for Genco Shipping & Trading, intensifying a proxy fight for board control

A cocaine bust at Mundra Port led to three arrests and one fatality, highlighting ongoing maritime security challenges.

A High Court trial in London is set for October 26 to resolve the dispute between Mercuria and the Baltic Exchange over the TD3C VLCC…

High-and-heavy equipment manufacturers like Caterpillar and Deere are targeting the data center market for growth opportunities.

A Jones Act waiver is reshaping US oil trade, enabling foreign tankers to access domestic routes and altering energy flow patterns

Freightos reported a 3% revenue increase in Q1 2026, reaching US$7.2 million, with gross booking value up 24%

Oil from the U.S. Strategic Petroleum Reserve was sent to California for the first time, amidst Middle East disruptions

Advanced Polymer Coatings (APC) has started a recoating program for six Sterling Ocean Shipping tankers to boost operational efficiency

A summary of carrier sales and purchase activity for Week 21, detailing recent vessel transactions and market trends

Ten Indian sailors detained in Iran since July 2025 on an oil tanker have been released after diplomatic engagement

Indian Register of Shipping awarded Type Approval to GRSE for marine hull and line valves for defense and commercial ships

Britannia P&I Club announces leadership changes, promoting Helen Todd to CUO and Simon Williams to CCO, effective June 1, 2026

Lomé's oil jetty is unavailable until June 7, 2026, with vessels now diverting to the ore wharf.

The MMG medical app for seafarers now includes updated guidance on Hantavirus, developed by Gard and Norwegian Centre for Maritime.

South Korea's President Lee Jae Myung has committed to developing the shipping and port industries as strategic national sectors.

The Port of Long Beach secured a $283 million federal grant for its Pier B On-Dock Rail Support Facility Project

Georgia Ports Authority and its employees raised a record $661,000 for United Way, supporting local community programs.

Trump-era waivers for foreign-flagged ships carrying fuel between US ports had little effect on gasoline prices

Scorpio Tankers is selling four LR2 vessels and acquiring two new MR tankers in a fleet modernization effort.

Port of Auckland is investing NZ$200 million in a new international cruise terminal, Te Waharoa, opening in early 2027

Molgas Energy Group completed LNG bunkering for the LCO2 vessel Northern Pathfinder at a Norwegian terminal

Israel Ports Company has launched a tender for land use at Haifa Bay Port to expand logistics and port operations

Colombo Port is experiencing severe container yard congestion, causing delays in inter-terminal transfers and impacting transshipment…

The Port of Rotterdam Authority has transferred its digital container platform, Routescanner, to Royal Dirkzwager for further growth.

Container shipping's CO2 emissions intensity increased by 4% in Q1 2026, despite fleet expansion, due to Hormuz disruptions.

CMA CGM has redesigned its logistics network and introduced multimodal corridors to ensure cargo delivery to Gulf nations