Ocean Freight

US-facilitated transits through the Strait of Hormuz have enabled Persian Gulf crude exports to exceed 10 million barrels per day

A multi-purpose offshore service vessel, the "Bourbon Evolution 806," sold for $60.4 million, a 72.6% premium.

SFL Corporation secured a seven-year charter extension with Hapag-Lloyd for six 15,400 TEU container vessels until 2035-2036

Adria Ferries reported a 2-3% fuel consumption reduction on its AF MIA ferry after applying Propspeed's foul-release coating.

Athenian Shipbrokers S.A. released its August 2026 monthly report, detailing shipping market conditions and trends.

India's crude oil imports saw a 13% year-on-year increase in July, averaging 5.1 million barrels daily.

Secondhand tanker and dry bulk vessel prices hit record highs, fueled by strong spot rates and sustained buyer demand

Agora Shipbroking Corporation released its Week 37 2026 commercial indicators report, detailing key market metrics.

The US House will vote on resolutions impacting California's clean air programs for ships and harbor craft.

EU nations have spent more on Russian Arctic LNG this year than last, despite plans to phase out Russian energy.

The Getting to Zero Coalition urges IMO members to maintain a strong framework for shipping's net-zero emissions pathway

Goldwind Green Energy's new Inner Mongolia plant completed its first green methanol trial, with 500 tonnes bound for South Korea

Ocean carriers are capitalizing on volatile freight rates to secure higher returns, despite market oversupply, according to Maersk's CEO

Amogy and LOTTE Fine Chemical will explore ammonia bunkering for vessels at Ulsan Port, South Korea

IBIA has proposed changes to the CII calculation for bunker vessels, stating current rules make a 'C' rating unachievable

A third of deep-sea traffic has returned to the Red Sea, but this hasn't lowered freight rates, says Xeneta

Port Authority of New York and New Jersey to launch a $39 million ZEV voucher program, with $5 million for charging stations

HHMC delivered five automated rail-mounted gantry cranes to Ningbo-Zhoushan Port, boosting container handling efficiency

Crane Worldwide Logistics has opened new offices in Copenhagen, Gothenburg, and Stavanger to strengthen its Nordic presence

Latin American maritime leaders advocate for diversified services and integration to capitalize on regional opportunities.

DHL Group and Alibaba.com are partnering to integrate AI into logistics for SMEs, offering real-time freight quotes.

Norsepower has installed the first Rotor Sail on LDA's methanol-powered RoRo vessel, Spirit of Toulouse, at Wuchang Shipyard

The Viking Astrea, a hydrogen-powered cruise ship, has been launched at Fincantieri's Ancona shipyard.

Higher EU RED III compliance costs are pushing bunker demand away from Rotterdam to other Northwest European ports

US container imports reached 2.6 million TEUs in August 2026, the third-highest monthly volume on record

The World Shipping Council is calling for updated international dangerous goods rules to address undeclared lithium battery hazards

ClassNK updated its guidelines for liquefied hydrogen carriers, aligning with new IMO recommendations for enhanced safety.

Saudi Arabia has approved a national marine war-risk insurance pool to enhance trade continuity and supply chain resilience

HPC Hamburg Port Consulting delivered the final business case for the Port of Newcastle's Clean Energy Precinct.

China's crude oil imports rose by 6.2% in August from July, reaching 37.9 million tonnes, continuing a recovery trend.