Ocean Freight

Regional diplomatic discussions are commencing in the Middle East, marking the first coordinated dialogue since the recent conflict.

Janggeum Maritime's VLCC investments are profiting from increased war risk premiums in the Strait of Hormuz.

Canada is boosting its west coast crude oil export capabilities to serve Asian demand and diversify global energy supplies

Russian airstrikes on Odesa have caused further disruptions to Black Sea shipping, affecting vessel movements and cargo.

A Panama-flagged tanker caught fire after being struck by an unknown projectile near the Strait of Hormuz, prompting crew evacuation

Early bird registration is now open for the second annual Shore Power Summit, focusing on sustainable port operations.

Tanker spot freight rates, especially for VLCCs, increased in August across all major routes, recovering from a prior decline.

The Baltic Exchange's dry bulk freight index fell to its lowest point in over a week, driven by weaker capesize and panamax rates

Historical port call data serves as an early indicator for shifts in global trade routes and commodity flows

Oil tankers in the Strait of Hormuz are increasingly disabling AIS signals and using anti-drone defenses due to geopolitical risks

Container shipping capacity is returning to the Red Sea, while rates from China to Jeddah and Khor al Fakkan break Covid-19 records

Over two tonnes of narcotics have been seized from vessel sea chests since 2017, linking Latin America to global destinations

Delaying EU Allowance transfers until September creates financial and compliance risks for shipowners under the EU ETS.

The Indian ship recycling market remains buoyant, with prices stabilizing after a period of strong increases.

The Capesize bulk carrier "NBA Peace" was sold for $19 million to undisclosed interests.

Africa's refining sector struggles with a history of unfulfilled projects, leading to heavy reliance on imported refined products.

The IMO's GHG working group shows broad support for its Net-Zero Framework, with a push for softer near-term GFI targets

The New ConTex index shows stable to slightly rising container ship charter rates, reflecting market resilience

The Drewry World Container Index remained stable at $4,476 per 40ft container, while Transpacific rates from Shanghai to Los Angeles…

VISMA appoints Georgios Bazos as its first Business Development Manager, providing a key contact for maritime stakeholders

Global softwood markets anticipate tighter supply as demand for construction timber and packaging outpaces modest production growth.

90POE's OpenOcean STUDIO platform is now certified for compliance with six major maritime emissions regulations.

Southeast Asia's energy security demands more than new refineries or oil reserves, emphasizing logistics and regional coordination

China's reduced oil imports are stabilizing global energy prices despite Middle East tensions and Strait of Hormuz disruptions.

The UK's trade deficit reached its lowest point in six months during July 2026, as exports increased and imports fell

U.S. Customs and Border Protection will revoke import privileges for shippers with inaccurate customs information starting September 18

Maersk is reportedly planning a $9 billion investment to add 42 new container vessels to its fleet

Typhoon-related berthing delays at major Chinese ports are projected to continue into October, affecting container services.

The US Maritime Administrator honored merchant mariners for their role in the 9/11 boatlift, evacuating half a million people

Oil tanker freight rates have reached record levels due to a recent wave of attacks on shipping during the US-Iran conflict