Ocean Freight

A UK MAIB report details a February 2025 tug incident, citing over-correction as the cause of a tow rope failure.

The U.S. Coast Guard accepted delivery of its 63rd Fast Response Cutter, the Jeffrey Palazzo, destined for Guam

Royal Caribbean held a keel-laying ceremony for its seventh Oasis Class cruise ship at the Chantiers de l'Atlantique shipyard

Animal welfare groups petition EU Commission to halt live animal exports to Middle East war zones, citing lack of accountability

A civil court hearing in Austria regarding the livestock carrier Spiridon II's animal transport operations was adjourned without settlement

Sea Cargo Charter signatories upheld climate alignment scores despite industry challenges, demonstrating ongoing decarbonization commitment

A new training program in Malta is addressing the legal complexities of protecting human lives at sea under international maritime law

An Indian seafarer died from medical complications on the MT Celestial vessel at Duqm Port in Oman.

New orders for large tanker vessels have surged in 2026, despite the Strait of Hormuz blockade and an energy crisis

Tanker orders are increasingly favoring coated Aframax vessels, blurring the lines between crude and product tanker segments

Major ship charterers and operators made limited progress on decarbonization targets in 2025, despite biofuel adoption

The Capesize dry bulk market experienced a challenging week, marked by a substantial drop in earnings due to limited cargo.

Commercial traffic in the Strait of Hormuz has fallen, with military activity and dark vessel operations increasing.

Ocean container spot rates are trending higher, with shippers facing substantial freight cost increases and export delays from Asia

Extended vessel idling in the Arabian Gulf due to the Strait of Hormuz closure creates fuel quality management challenges

Greek and Norwegian maritime authorities convened at Posidonia 2026 to discuss global fleet security strategies.

U.S. Secretary of State Marco Rubio defended American actions in the Strait of Hormuz after India protested the deaths of three Indian…

Best Oasis, a maritime crewing and training firm, launched its new brand and logo during a Posidonia-affiliated event.

UECC's decade-old investment in dual-fuel LNG vessels and increased bio-LNG use positions it ahead of environmental regulations

US forces are escorting oil tankers through the Strait of Hormuz at night, enabling significant oil transit after mine removal

The UK Emissions Trading Scheme will encompass the maritime sector from July 1, 2026, impacting shipping operations.

France has launched a new funding program to support shipping decarbonization through vessel retrofits, newbuilds, and port infrastructure

China has started building an ultra-large LNG carrier, showcasing its advanced shipbuilding capabilities for global energy logistics

Russian seaborne oil exports hit a seasonal low in May, but overall volumes remain strong, impacting global energy markets

India's crude oil imports increased by over 3% in April from March, totaling 20.08 million metric tons.

The global oil market's current stability is precarious, heavily relying on China's subdued crude import demand.

Geopolitical instability and the Iran war disrupted European energy markets in H1 2026, impacting LNG flows and raising gas prices

The UK and Japan are poised to sign an £18 billion investment agreement, largely focused on clean energy and infrastructure

Russia's global standing has diminished, with oil price gains unable to offset sanctions and isolation, according to the IMF.

Container freight rates saw slower growth in Week 24, with Trans-Pacific lanes to the US West Coast largely plateauing.