Ocean Freight

USTC is consolidating its Copenhagen-based companies into a new Nordhavn hub to foster collaboration and efficiency

Everllence and Damen Shipyards Group have signed a long-term agreement for the supply of 175D engines for fuel-flexible tugs.

Disruptions in the Strait of Hormuz are testing supply chain resilience, prompting shifts to alternative ports and multimodal services.

VLCC rates from the US Gulf Coast hit record highs due to tight Atlantic tonnage and strong global market conditions.

LNG shipping remains under pressure from high vessel availability, while LPG shipping sees rising demand and rates

US-Iran conflict escalated with new attacks on vessels in the Strait of Hormuz, impacting regional stability and shipping.

South Korea's top shipbuilders have exceeded their merchant vessel order targets, driven by a focus on eco-friendly, high-value ships

Chinese and Egyptian ports have deepened cooperation in container transport and vocational training through sister-port agreements

Russian crude oil exports fell by 12% in August, mainly due to fewer Black Sea loadings and decreased deliveries to India

High energy prices and strong US employment data are not boosting the dollar as much as expected, due to a positive global investment…

Oil prices are increasing due to persistent tanker attacks and geopolitical tensions in the Persian Gulf.

European diesel refining margins hit record highs in early September due to US East Coast supply shortages and geopolitical influences.

UK natural gas prices hit a three-and-a-half-year peak as US-Iran tensions escalate, threatening Persian Gulf energy supplies

Panama's maritime authority has lifted confidentiality restrictions on port concessions and maritime service licenses, enhancing…

Iran plans to introduce a new restricted maritime zone and a revised shipping corridor in the Strait of Hormuz.

TotalEnergies Lubmarine has released Aurelia FE, a new engine oil for 4-stroke marine engines promising fuel savings and lower operating…

Kongsberg Maritime will acquire Steerprop, strengthening its position in the growing Arctic and ice-class vessel segment

Messe Muenchen India acquired the India International Cargo Show, adding it to its logistics event portfolio.

Rosneft has begun Vostok Oil crude exports via the Bukhta Sever terminal, creating a new Arctic shipping corridor.

Rijkswaterstaat has canceled the planned night closure of the Amsterdam-Rhine Canal after objections from the shipping industry.

CyberLogitec will deploy its cloud-based OPUS Terminal M system at Shuwaikh Port in Kuwait to enhance operational efficiency.

Rotterdam's APM Terminals Maasvlakte II has received four new remotely operated STS cranes, advancing its expansion plans.

Petronas is using AI to streamline Malaysia's upstream oil and gas investments, attracting capital and accelerating projects.

COSCO has denied US allegations that its vessels were used to collect intelligence for Beijing, calling the claims unfounded.

SAL Heavy Lift and Wuhu Shipyard plan five more 14,600 DWT heavy-lift vessels, potentially doubling the Orca-class fleet.

HOUCON Group has supplied a new rescue platform to a major straddle carrier terminal at the Port of Newark for enhanced driver safety

Maritime news highlights Asian port congestion, Strait of Hormuz tensions, and Samsung's damage claim against CMA CGM

The IMO's Intersessional Working Group on GHG emissions saw collaborative spirit but limited tangible progress on Net Zero Framework.

China is escalating its military presence around Taiwan with expanded patrols, moving beyond the Taiwan Strait.

Türkiye is becoming a crucial manufacturing and distribution hub due to its strategic location and strong aviation connectivity