Ocean Freight

India's surge in edible oil imports has overwhelmed port storage, causing unloading delays and potentially slowing future purchases

Håvard Gjelseth has resigned as managing director of Norwegian Greentech, with Thor Valsø-Jørgensen named interim successor

IINO Lines has chartered a new LPG dual-fuel VLGC from HD Hyundai, capable of operating on cleaner energy sources

Imported iron ore margins have rebounded to profit, supported by rising spot prices that track futures gains.

Aluminum futures in the UK hit a four-week high due to tight supply and reduced inventories, exacerbated by the US-Iran conflict

Wheat futures dropped as traders weighed diplomatic efforts against ongoing Black Sea export disruptions from the Ukraine conflict

Corn futures fell on the Chicago Board of Trade as traders awaited USDA supply and demand forecasts.

Japanese manufacturers' sentiment rose to its highest level since December 2021, driven by strong semiconductor and data center demand

Ocean freight rates have slightly decreased but remain elevated, aligning with 2024 peak season levels driven by Red Sea and labor issues

Tung Chee-hwa, former head of OOCL and Hong Kong's first Chief Executive, passed away at 89.

US retailers anticipate September will be the year's busiest import month due to China delays and Panama Canal restrictions

An Iraqi oil tanker was reportedly struck by a drone in Iraqi territorial waters, with other merchant vessels also affected

Bluecore Energy secured $50 million to develop floating nuclear power plants for major port complexes.

Major shipping nations warn that rising geopolitical tensions, trade measures, and the shadow fleet threaten maritime rules.

Houthi forces attacked Saudi oil sites and airports, prompting Saudi retaliation and signaling a potential escalation

MISC Group launched Yayasan Maritim, Malaysia's first maritime foundation, to advance a sustainable future for the nation's sector

Russian Urals crude oil prices at Baltic and Black Sea ports have reached a three-month high, exceeding $80 per barrel.

Greece's annual inflation rate reached 3.8% in August 2026, mainly due to higher housing, utility, and transport prices

Bulker sales remained robust this week, with stable values across most segments, though mid-age Handysize rates saw a dip

Freightos founder Zvi Schreiber criticizes the company's pivot to software, advocating for a renewed focus on its freight marketplace.

US container imports are set to hit a yearly high in September, extending the peak shipping season beyond initial forecasts

MPV owners are retaining older vessels due to strong time charter rates and consistent cargo demand, avoiding scrapping.

Boston Scientific is resuming shipping operations after a cyberattack disrupted manufacturing and order processing

The EU is set to overhaul its customs framework with a new data hub and authority, simplifying processes for traders.

A Chinese company has launched a new Arctic shipping service, with a container ship recently reaching the UK.

MN Group has ordered a wind-assisted RoRo from Guangzhou Shipyard to transport Avio Vega-C rockets to the Guiana Space Centre.

Blue Water Shipping secured a three-year contract for offshore logistics in Suriname, supporting Noble Corporation's operations.

TransGlobalProjects opens a new Bilbao office to expand its project logistics operations in Spain, focusing on heavy-lift and out-of-gauge…

Key shipping nations warn that global trade faces a structural shift due to conflicts, trade wars, and extreme weather, leading to higher…

Chowgule Shipyard delivered its 50th vessel for European owners, the MV Luxomar, to ESL Shipping in Goa.