Ocean Freight

Sea Cargo Charter members maintained stable climate performance in 2025 despite geopolitical disruptions and regulatory uncertainty

St. Louis Regional Freightway reveals a $9.2 billion plan for 29 freight infrastructure projects, including port and airport upgrades.

Eric Gerbi has been appointed Executive Vice President of Geodis' global freight forwarding unit and joined the executive board

BIMCO's new Biofuel Clause for Time Charter Parties provides a clear framework for the safe use of low-carbon fuels

Sea Cargo Charter signatories are 11.6% behind IMO climate goals, with sustained progress needing global regulation

Royal Caribbean has received its third LNG dual-fuel cruise ship, the Legend of the Seas, built at Meyer Turku shipyard

KEZAD Group is investing AED 112 million to create a new 25,260 square meter SME hub in Abu Dhabi.

Three Indian seafarers died after a U.S. military strike targeted a tanker in the Gulf of Oman.

China's passenger car exports, especially EVs, soared 73% in May, boosting car carrier charter rates and container demand

A ceasefire in the Strait of Hormuz has ended, with renewed US-Iran tensions and a tanker attack off Oman leaving three seafarers missing

The US has become the world's largest oil exporter, altering a long-standing global energy market dynamic

Matthew Grant, an experienced energy professional and lawyer, has been appointed to the Prince Rupert Port Authority Board.

A third tanker reported an engine room fire off the coast of Oman, following two similar incidents this week.

Serica Energy has finalized its acquisition of assets from ONE-Dyas, enhancing its North Sea oil and gas resources.

ABS and HD Hyundai Heavy Industries are collaborating on a new U.S.-flagged oil and chemical tanker design

Ashdod Port reported record first-quarter revenue of NIS 331 million in 2026, with Chairman Shaul Schneider reappointed.

Hong Kong introduces new tax breaks, including a reduced profits tax rate for commodity traders, to bolster its maritime and commodities…

Eastern Pacific Shipping has received a new Very Large Ammonia Carrier from Jiangnan Shipyard for green ammonia transport.

Forwarders are adopting agentic AI for ocean freight pricing, with Gartner predicting rapid enterprise adoption by 2030

China begins $11.4 billion Three Gorges Dam expansion to double cargo capacity and alleviate inland waterway congestion

A former Norden chief has launched Origin Brokers, a new firm focusing on Africa's shipping and commodity markets.

Balaena has acquired APCL Group, consolidating control over prominent UK ship repair and shipbuilding facilities.

An industry expert highlights hidden costs in crew travel budgets due to frequent vessel schedule changes and inefficient logistics

Hutchison Ports Sohar has ordered 12 automated electric rubber-tyred gantry cranes from ZPMC for delivery in 2027.

US container imports fell 5.1% in April, reaching 2.05 million TEUs, a 7.3% year-over-year decline.

Global offshore wind capacity is projected to quadruple by 2035, with governments urged to expedite development for energy security

TGS has secured a new streamer acquisition contract in the Africa and Middle East, starting September 2026 for 55 days

Shearwater Geoservices won a two-month ExxonMobil contract for a seismic survey in Guyana's Stabroek Block

Taiwan's coast guard affirmed its maritime sovereignty, rejecting Chinese jurisdictional claims after recent patrols concluded.

The European Union has increased its Russian LNG imports ahead of an expected ban, indicating a rush to secure supplies.