Ocean Freight

Scorpio Tankers is selling three product tankers and acquiring four newbuild vessels in a strategic fleet adjustment

Wirana Shipping advocates for Pakistan to equalize tax treatment for local ship recycling scrap and imported scrap.

GTMaritime's new GT Connect platform enhances maritime communication, turning vessel discussions into clear, accountable operational actions

Indian Register of Shipping approves Volteo Maritime's WAYSHIP Electronic Record Book, advancing digital record-keeping for vessels.

Xiamen Port has launched a new weekly direct container service to the East Coast of South America, operated by ZIM and Hapag-Lloyd

The Port of Bilbao will attend Fruit Attraction to highlight its reefer logistics capabilities for the fruit and vegetable sector

Caribbean port leaders visited European ports to learn about shore power, electrification, and investment in sustainable operations.

Hedge funds and money managers reduced their net-long positions in ICE Brent futures for the week ending September 22

European natural gas prices hit a one-month low as weaker Chinese demand eased pressure on the global market.

EXIM Chairman John Jovanovic toured Mesabi Metallics' new iron ore mine in Minnesota as it begins operations.

China's foreign exchange regulator expects continued growth in trade and cross-border investment, supported by new policy reforms

Great White is launching new reefer ocean services between South America, the US, and Europe, alongside a new intermodal rail link

SAAM Towage has christened the SAAM Petrel, Chile's first IMO Tier III certified tugboat, enhancing environmental standards.

Cheniere Energy has signed a 22-year agreement to supply liquefied natural gas to Brazil's Petrobras, supporting expansion plans

Savannah's Ocean Terminal is halfway through a $1.6 billion expansion, preparing it for larger container ships and increased capacity

Oil prices fell as Middle East crude exports showed recovery, though geopolitical tensions still pose a supply risk

Carriers are pushing for rate increases on the Asia-Europe trade lane despite a seasonal export slowdown and increased capacity

A 74,492.2 DWT bulk carrier, ZJ2026-0098, is scheduled for an online public auction on October 27th, 2026

Indirect talks between US and Iranian officials are underway, as Middle East crude oil exports hit a wartime peak.

Bulker sales and purchase values remained stable this week, with Handy resales experiencing a slight decline.

Analysts warn of a potential bearish scenario for dry bulk spot rates despite the traditionally strong fourth quarter

Retailers are front-loading holiday inventory at US ports, but road freight volumes have not yet mirrored this increase

Puntland security forces rescued the MT Honour 25 tanker from pirates, detaining those responsible for the April hijacking

Russia's crude oil exports surged to a six-week peak, with higher prices driving cargo values close to pre-invasion levels

The VLCC market is valuing older vessels similarly to newer ones due to strong demand and limited new deliveries

Donald Trump denied offering Iran sanctions relief, while Tehran expressed readiness for talks on its nuclear program

European and Chinese ro/ro carriers are ordering new vessels to address tight market capacity driven by strong demand.

German police stopped a Dutch truck on the A60 near Wittlich for being nearly 40% overweight with two sea containers

Unreported vessel attacks in the Strait of Hormuz complicate maritime security assessments, raising concerns over regional hostilities.

Carnival Corporation announced record third-quarter revenue and net income, fueled by strong cruise demand and managed operating costs.