Ocean Freight

Alleima has secured a $105 million order for subsea components for a major Indonesian gas project.

A weekly overview of time charter rates for tanker and dry bulk shipping sectors, reflecting current market conditions

DP World and NITI Aayog's We Rise initiative has honored ten Indian women entrepreneurs, fostering their export readiness and market access

Chinese ports, including Fuzhou, Dalian, Mawan, and Chiwan, dominated the 2025 Container Port Performance Index.

GTT will design the cryogenic tanks for two new LNG carriers, each with a capacity of 174,000 cubic meters.

AGL Namibia and Kelp Blue are partnering to develop kelp logistics and export routes from Namibian ports.

Orlen Neptun and the Szczecin and Świnoujście Seaports Authority plan a major expansion of the Świnoujście offshore wind terminal

The CMA CGM VENDOME mega containership completed its first Suez Canal transit, sailing from France to Malaysia.

Synelysia Limited, a new Hong Kong company, has ordered four feeder containerships with options for four more at Xinle Shipyard

Germany's final state-funded floating LNG terminal is set for commissioning by September, enhancing energy security

China's crude oil imports fell by 29% in May, mainly due to price movements, affecting global commodity trade.

Purus Marine is reportedly expanding its LNG carrier fleet with a new 174,000 cbm vessel from Samsung Heavy Industries.

Towers, nacelles, and blades for the Windanker offshore wind farm's SG 14-236 DD turbines are arriving at Mukran Port

Chimbusco Pan Nation (CPN) completed its first B100 marine biodiesel bunkering for a tanker in Hong Kong.

The European Commission launched a €1.5 billion Battery Booster Facility to boost battery production in the European Economic Area

A tanker off Oman experienced an engine room fire, resulting in two missing crew members and one reported casualty.

Posidonia China Night in Athens brought together Chinese and Greek maritime leaders for high-level exchange and cooperation.

A new report from the Korean Register and KIMM provides a roadmap for hydrogen ship safety standards.

Dalian iron ore futures and port spot prices showed modest increases, reflecting moderate market activity.

EU member states have endorsed a new strategy highlighting the vital role of European ports in strategic autonomy and supply chains

EU transport ministers are drafting new guidelines to assess and control foreign investments in European ports, focusing on China's…

HMM's VLCC "Universal Winner" is set to deliver two million barrels of Kuwaiti crude oil to Ulsan Port.

US crude oil exports hit a record 5.6 million b/d in May as Strait of Hormuz disruptions shifted global demand.

Investment funds scaled back their net-long positions in Dutch TTF gas futures by 11% in May due to geopolitical uncertainty.

Iranian crude and condensate exports saw a sharp decline in May due to intensified enforcement actions against sanctioned vessels

Container rates on China-North America routes have surged over 50% since late April amid tight shipping capacity and strong US import demand

Container spot rates to Europe are increasing due to carrier capacity controls, limited equipment, and extended shipping routes.

US crude oil inventories declined by 9.119 million barrels, significantly surpassing the forecasted reduction of 3.400 million barrels

Iraq and the UAE are fast-tracking oil pipeline expansions to decrease dependency on the Strait of Hormuz for crude exports.

US gasoline inventories are approaching critical lows, which may necessitate a sharp reduction in exports during peak summer demand