Ocean Freight

China is expanding its electrification strategy from road vehicles to inland shipping, targeting emissions reduction.

IMO’s NCSR 13 session finalized draft guidance for next-generation ECDIS S-100, advancing maritime digitalization and navigation safety

Consilium Safety Group acquired Integmar Marine Technologies in Türkiye to bolster aftermarket services and technical capabilities.

COMPETIQ, an AI-powered recruitment platform, aims to help maritime employers find qualified seafarers faster amid officer shortages

AET is expanding its use of alternative fuels like biofuels and biomethane, citing fuel availability and regulatory uncertainty.

India plans to expand domestic shipbuilding and attract Asian investment to reduce logistics costs and boost port efficiency

Iron ore futures are approaching a one-year low as new EU steel import restrictions impact demand outlook.

Dalian iron ore futures dropped 1.68% to 733 yuan/ton, with port spot prices declining 10-12 yuan/ton.

Steel rebar futures dropped to an eight-month low following new EU import restrictions designed to protect its domestic industry

Copper prices fell as the market anticipated a US Commerce Department report potentially leading to import tariffs.

Wheat futures rose in early July, driven by USDA reports showing lower wheat stocks and reduced acreage.

Global oil prices recorded their largest quarterly drop since Q1 2020, driven by record US crude production and exports

Oil prices nudged higher driven by US-Iran talks uncertainty, though record US production limited significant gains

US crude oil inventories rose by 6.072 million barrels, significantly exceeding analyst expectations and prior levels.

Aker Solutions has secured a major contract for an offshore wind project, signaling strong activity in renewable energy logistics

Gasum will provide LNG fuel to Fjord1 ferries on a vital Norwegian coastal route via truck-to-ship bunkering

Hamburg Port has doubled its capacity for Airbus aircraft components at CTT, enhancing exports to China.

Nord Gas Solutions will supply an LNG regasification system for Exmar's FSRU conversion at the EemsEnergyTerminal expansion

Shenzhen Port Group and Bureau Veritas Marine & Offshore have partnered to develop green shipping corridors.

BIMCO is seeking industry input on a common standard for maritime emissions data reporting using Operational Vessel Data

WinGD will provide main engines for 12 new Dynacom VLCCs, equipped with scrubbers and SCR systems for enhanced efficiency

Shell Offshore is divesting its non-operated interest in US Gulf of Mexico deepwater oil assets for $1.7 billion

Diana Shipping has extended its hostile tender offer for Genco Shipping & Trading, prolonging a significant dry bulk takeover battle.

Europe must strategically address China's growing influence in the electric shipping sector to avoid future dependency

Eni and Mercuria have established a joint venture for global energy trading, covering oil, biofuels, gas, LNG, and logistics

Alcoa will acquire South32's bauxite, alumina, and aluminium assets in Australia, Brazil, and South Africa for $4.1 billion.

Oceaneering has commenced a multi-discipline offshore survey campaign with its newly upgraded Ocean Intervention II vessel

DP World and Lintara have started constructing a new logistics facility in Jafza to boost Grade A warehousing capacity

Heavy lift operators are leveraging data platforms to improve logistics for offshore wind projects amid vessel constraints and complex…

Blue Water Shipping has begun a 3PL contract with ExxonMobil Guyana, managing warehouse and materials for offshore operations.