Ocean Freight

Genco Shipping & Trading Limited is reviewing a revised acquisition proposal from Diana Shipping Inc to maximize shareholder value

Japan's May trade deficit was less than forecast, fueled by strong export demand from the US and China.

War risk insurance costs for the Strait of Hormuz disproportionately impact oil product tankers more than crude carriers

Egypt's corn imports are projected to decrease this month due to oversupply, weak poultry feed demand, and falling domestic prices.

MOL received an award from Lloyd's Register for its Wind Challenger technology, advancing LNG carrier decarbonization efforts

Vessel traffic in the Strait of Hormuz remained low on Tuesday, despite a reported US-Iran agreement to reopen the waterway.

Wheat futures climbed to $6.0 per bushel, recovering from a two-month low as investors tracked Northern Hemisphere harvesting.

BNSF Railway gained approval for a 4,500-acre inland transloading hub in Barstow, Southern California, for cargo transfers

US transportation pricing is rising due to shippers frontloading imports and carriers reducing capacity, affecting multiple modes

JobMarineMan.com is launching a direct recruitment platform to connect seafarers with ship management companies.

APM Terminals Los Angeles has expanded its electric terminal tractor fleet, fully electrifying its on-dock rail drayage operations.

The UAE is expanding eastern ports and investing in new infrastructure to reduce reliance on the Strait of Hormuz

Diana Shipping, Genco's largest shareholder, is urging votes for independent board members at the upcoming Annual Meeting

A 15,844 DWT bulk carrier, "JIN MING 68," will be auctioned online in July, originating from Ningbo

Deendayal Port Authority has implemented new standard operating procedures for dry bulk and breakbulk ship-to-ship transfers.

China's State Council released its 15th five-year employment strategy to stabilize the job market and prevent large-scale unemployment

G7 leaders pledged increased weapon deliveries to Ukraine and indicated readiness to tighten sanctions on Russia's energy sector

Iran is reportedly gearing up its fleet to increase oil exports and trade, coinciding with renewed oil flows from Gulf allies

The Port of Long Beach reports strong carrier interest in its $1 million methanol bunkering incentive for clean fuel adoption

Lloyd's Register has issued the first Type Approval Certificate for a 100% hydrogen-fuelled marine engine by BeHydro

Iranian crude oil exports are reportedly resuming after a two-month naval blockade, with tankers seen in the Gulf of Oman.

Iraq is preparing to boost crude oil exports through the Strait of Hormuz, anticipating its full reopening

ExxonMobil has partnered with Vopak Terminal Durban and Transnet Pipelines to develop South Africa's first LNG import terminal

MPV operators are concerned about complex environmental regulations and unclear green fuel pathways, delaying new ship orders

MPV operators are hesitant to resume Strait of Hormuz transits, awaiting certainty on the US-Iran peace deal's stability

Echandia is supplying a battery system for a new Incat-built hybrid catamaran, allowing flexible emission-free operations

Geopolitical shifts, decarbonization efforts, digitalization, and new energy efficiency rules are reshaping the maritime industry.

A brief overview of current time charter rates for tanker and dry bulk shipping sectors as of June 17th

Kanata Clean Power & Climate Technologies and Hanwha Ocean are exploring a $15.7 billion floating LNG project in Canada

Diana Shipping has increased its takeover bid for Genco Shipping & Trading, adding a stock component to its latest offer.