Ocean Freight

US maritime infrastructure projects are experiencing a major investment cycle, yet significant hidden risks threaten their success

Logistics companies are prioritizing reliability and flexibility over price in response to geopolitical disruption and changing cargo flows

Saronic has been selected by the U.S. Navy for at-sea testing of its Medium Unmanned Surface Vessels.

A large backlog of fertilizer vessels is anticipated, even with the potential reopening of the Strait of Hormuz.

A diplomatic announcement has been made, but a formal transit regime for the Strait of Hormuz has not been restored

Maritime organizations are advising shipowners to maintain vigilance regarding security in the Strait of Hormuz despite its reopening.

The Baltic Dry Index (BDI) saw a minor decline, dropping 9 points to reach 2720 on June 15, 2026.

Pan Ocean has reportedly ordered four VLCCs from Hanwha Ocean for $524 million, according to shipbuilding sources.

New piracy attempts off Yemen and Somalia underscore ongoing security threats to regional shipping, even with ceasefire talks.

OceanPact secured an R$443.7 million contract from Petrobras for decommissioning services in the Marlim field.

Sallaum Lines ordered its largest car carriers to date, two firm and two optional 8,600 CEU vessels, from Xiamen Shipbuilding

Ocean Network Express (ONE) has launched a new weekly container service, the Iberia Baltic Express, connecting Riga directly to Portugal

Capital Tankers is expanding its fleet with the acquisition of three VLCC newbuilding contracts from its parent company.

Jan Hein Meissner has been appointed as the new harbour master for Groningen Seaports, effective May 8, 2026

HD Hyundai Heavy Industries and Malcon are developing specialized offshore wind support vessels for the Korean market.

A proposed tax on Chinese ships docking in US ports could significantly harm American agricultural exporters.

The first wind turbine has been successfully installed at the Dieppe-Le Tréport offshore wind farm, signaling project advancement

The International Chamber of Shipping welcomes the US-Iran peace agreement, prioritizing the safe exit of 20,000 seafarers.

The LNG shipping market saw subdued activity last week, with rates stable amid limited cargo visibility.

Container shipping rates from Asia to the US have climbed to their highest point since July 2025 due to Middle East disruptions.

The European Commission will finalize EU ETS benchmark values for 2026-2030 by June end after public consultation

The Drewry Intra-Asia Container Index (IACI) saw a 1% reduction, yet remains twice its pre-conflict valuation.

DNV's new AI tool, RuleAgent, helps maritime professionals access rules and standards faster and with greater clarity

FEPORT urges the European Commission to de-risk private capital and improve predictability for port investments in energy transition.

APM Terminals has completed its new container terminal at Suape, set to become a vital trade gateway in Northeast Brazil

Iron ore futures showed a slight increase, while port spot prices rose, though steel mills became more cautious in purchasing.

Iron ore futures climbed as a potential strike by BHP workers at Australia's Port Hedland threatened supply.

UK natural gas prices hit a five-week low after a peace deal was reached between the US and Iran, easing market tensions

European stocks hit a new record high after a US-Iran peace deal, boosting investor sentiment and causing crude oil prices to drop

The Strait of Hormuz reopening and a US-Iran ceasefire have caused energy prices to fall and global equities to rally.