Ocean Freight

The Capesize dry bulk market staged a significant late-week recovery, with the BCI 5TC index climbing sharply.

VLCC tanker rates are climbing again after a recent dip, signaling stronger demand for crude oil transport.

A BIMCO workshop in Copenhagen focused on harmonizing digital interfaces across the maritime sector to enhance efficiency.

Ardmore Shipping has expanded its newbuild orderbook for product and chemical tankers, adding two Handysize vessels.

Global shipping activity has surged immediately after new maritime regulations took effect.

Estonia's Halinga biomethane plant, owned by Infortar, will supply shipping fuel via Elenger, with 50 GWh annual capacity

A Container Intelligence update now clarifies commercial operators for vessels, improving data accuracy for carrier analytics.

Precious Shipping encountered difficulties in maritime financing due to limited alignment with IFC Performance Standards.

Russian-linked vessels are showing suspicious navigation patterns over European subsea cables, including zig-zagging and AIS gaps

S&SYS, formerly part of Samsung Heavy Industries, has rebranded and won orders for LNG carrier control systems from Hanwha Ocean.

Cyprus continues with its first LNG import terminal project, aiming to bolster energy independence despite delays and regional tensions

US ethane production and seaborne exports are reaching record levels, signaling strong market activity and demand.

China's demand for Mongolian coking coal is expected to grow by 2026 due to blending needs and supply curbs

Container freight rates have surged across all major trade lanes, particularly on the Trans-Pacific route.

Japan will impose anti-dumping duties on specific stainless steel imports from China and Taiwan, effective next month.

Tianjin Port is exporting its smart port system, including autonomous vehicles, to Saudi Arabia's NEOM Port.

Asia Shipping Media, a Singaporean firm, has rebranded to Splash Maritime Group, expanding its global maritime information services

Central banks are facing growing pressure to consider interest rate cuts as economic conditions evolve.

AD Ports Group launched a new weekly direct shipping service connecting Khalifa Port in the UAE with Umm Qasr Port in Iraq

Moldova and Romania seek to enhance transport and regional cooperation through engagement with Thessaloniki Port Authority

Millions of barrels of oil transited the Strait of Hormuz this weekend, defying Iranian claims of closure.

Terminal Portuario Valparaíso's concession for Terminal 2 at the Port of Valparaíso has been extended until December 2029.

ABS is bolstering its digital and remote support capabilities for the offshore energy sector, integrating AI and addressing cyber threats

Iran has restarted crude oil loadings from Kharg Island after a six-week halt due to lifted US sanctions

HaiSea Marine has successfully completed 100 LNG carrier escorts at the Kitimat LNG Canada export facility

NEUMAR, a new association, has launched to unite nuclear and maritime players for advancing nuclear solutions in shipping

Iran has declared the Strait of Hormuz closed to shipping, alleging a ceasefire violation, raising concerns for global maritime trade

A drone attack on a Panama-flagged ship in the Black Sea resulted in one fatality and two injuries among the crew.

Shipowners face a choice between two distinct transit routes in the Strait of Hormuz, each with different rules

A vessel has been intercepted by Solomon Islands authorities on suspicion of international maritime crimes.