Ocean Freight

CME Group's new 10-barrel WTI crude futures contract opens oil trading to a wider range of investors.

Everllence and ME Production are partnering to improve scrubber maintenance during drydocking, aiming to prevent expensive issues.

Singamas Container Holdings saw profits fall by 56.5% in H1 2026, even with rising specialized container sales.

APM Terminals has signed an MoU for exclusive negotiations on a new deepwater port development in Badagry, Nigeria

Svitzer has contracted Cheoy Lee Shipyards for six new 29-meter TRAnsverse tugs, expanding its fleet capacity

The new Panama Canal administrator begins her term as drought conditions prompt concerns over future transit capacity

Grimaldi expands its China to West Africa service via Durban and Lagos, boosting RoRo and project cargo capacity

Lehmann Marine has expanded its maritime battery production with a new manufacturing line in Xanthi, Greece.

Nord Gas Solutions will equip two new HD Hyundai-built medium gas carriers with advanced cargo handling and fuel gas supply systems.

Port of Tauranga's Stella Passage development has been fast-tracked, promising increased capacity and efficiency

Ten Filipino seafarers refused to transit the Strait of Hormuz on a Liberian-flagged general cargo ship.

Peru's APN has approved the Corío Port Terminal master plan, advancing new port infrastructure in southern Peru

Terberg Special Vehicles renewed its distribution agreement with Paterson Simons for sales and support in nine West and Central African…

TMEIC's new E-Tanker offers a portable charging solution for battery-powered RTGs, mirroring diesel refueling practices.

HMM has signed a 25-year, $3.5 billion contract with Vale for iron ore shipping, utilizing eight new Newcastlemax vessels

The EU ETS is expected to continue impacting shipping costs, influenced by recent increases in natural gas prices.

The Baltic Dry Index fell by 1.4% to 3,575 points, breaking a three-day advance but staying near its highest levels.

Older tanker vessels are seeing significant value increases, with prices for vintage tonnage rising substantially year-over-year.

Geopolitical risks are causing a disconnect in VLCC freight rates, despite softening demand and increased vessel availability

The Ningbo Containerized Freight Index (NCFI) was published for the week concluding September 4, 2026.

Kyklades Maritime is partnering with ShipMoney to provide digital wage solutions for its 500 seafarers across 18 tankers

Yanmar Power Solutions received DNV type approval for its Maritime Hydrogen Fuel Cell System, advancing marine hydrogen technology

Europe's busiest ports are ranked by cargo volume, emphasizing maritime transport's vital role in the supply chain.

Bearing failures on vessels can occur even with normal temperature readings, leading to machinery damage and crew injuries

GSBN has appointed BIMCO to its board, deepening their collaboration to advance paperless trade and eBL adoption.

Orlen and the Port of Gdynia are assessing the potential for LNG and bio-LNG bunkering services at the Polish port

Freeport East is investing in an electric truck hub at Felixstowe to decarbonize road freight and establish a green corridor

A QatarEnergy delegation will visit Bangladesh to discuss resuming LNG supplies after a halt caused fuel shortages.

Iraq and Turkey plan a joint oil refinery in Ceyhan, part of a pipeline deal following a pact extension

Swire Shipping will integrate its project and heavy lift division, Swire Projects, into its main brand by November.