Ocean Freight

US crude oil inventories unexpectedly rose by 7.140 million barrels, defying forecasts for a decline

Global LNG demand is projected to increase significantly by 2031, with the US remaining the top supplier

UK natural gas prices have risen above 203 pence per therm due to supply concerns and Strait of Hormuz tensions

The US House has voted to overturn California's shore power mandate, potentially easing costs and infrastructure strain.

Hanwha Power obtained AiP from ABS for a 22,000 cbm LNG and ammonia multi-cargo bunker vessel concept.

Hapag-Lloyd is leveraging rail freight for European inland transport due to low Rhine River water levels affecting barge services

A report on China's ship auction market for August 2026 details vessel types, prices, and buyer activity.

A new SGMF study emphasizes the need for traceable and certified life cycle GHG intensities when evaluating methanol's role in maritime…

A new five-year pact between the University of Michigan and MTI Japan will boost shipbuilding research in AI and robotics

Jackets for two offshore substations for the Gennaker wind farm in Germany have been loaded out from a Dutch port

The Netherlands Coastguard has received the new 53-meter patrol vessel ENFORCER, built by Damen Shipyards for North Sea operations

Aker BP has announced a new gas discovery in the North Sea, located approximately 25 kilometers north of the Duva field

Vessel transits through the Strait of Hormuz fell to four on Tuesday, significantly below the 10-day average of 18.

A pilot project will continuously measure CO2 emissions on a new LNG tanker to assess accuracy for IMO and EU reporting.

COSCO Shipping Heavy Industries plans a Shanghai IPO to support its global expansion and boost shipyard operations

Wotton Kearney has expanded its Asian marine practice by integrating a Singapore-based arbitration specialist and their team.

Rotterdam Port is actively pursuing Asian cargo and investment but is committed to avoiding a single-entity control model.

The US maritime sector is exploring small modular reactors for decarbonization, facing technical, regulatory, and safety challenges

Steerprop will deliver the complete main propulsion package for Sweden's new icebreaker, built by HD Hyundai Heavy Industries

Master Boat Builders secured its first U.S. Navy prime shipbuilding contract to construct three new Landing Craft Utility vessels

Japanese-built dry bulk carriers, both new and second-hand, continue to see strong market demand due to their quality.

Rising LNG bunker prices have pushed freight rates for LNG-fueled clean tankers above conventional rates, underscoring fuel cost sensitivity

A report indicates a slowdown in the Greek shipping fleet's growth during 2025, with consolidation impacting future development

Over 10% of cargo transport units inspected in 2025 were found to have safety deficiencies, according to WSC data

The Baltic Dry Index fell for the fourth day, dropping 2.5% to 3,360 points, mainly due to weaker capesize rates.

The maritime sector faces ongoing difficulties in matching shipowners with qualified crew, despite technological advancements.

Bunker fuel availability is tightening in Singapore and Malaysia, with VLSFO lead times extending to 13-16 days.

Global seaborne coal volumes, excluding coastal trade, increased by 1.7% year-on-year from January to August 2026

ZERO44's new Carbon Insetting module combines regulatory compliance and carbon insetting for maritime operators.

InterMaritime Group and Carsten Rehder have formed a joint venture to strengthen their ship management and expand in Northern Europe