Ocean Freight

G7 nations plan to seek Trump's approval for a mine-clearing mission in the Strait of Hormuz following a US-Iran peace deal

Global shipping faces a complex crisis from dark transits, secondary rate contagion, and renewed Houthi blockades.

Yemen's Houthi group has declared a ban on Israeli maritime navigation in the Red Sea after a missile launch

U.S. containerized imports are expected to rise in June as retailers accelerate shipments before potential tariffs and costs.

K Line will implement a new Electronic UMS Check System across its managed fleet starting July 2026 to enhance safety and reduce crew…

Geopolitical tensions near the Strait of Hormuz are causing a widening gap in bunker fuel availability across global markets

SSI's software now integrates third-party ship models, enabling shipyards to build and convert assets more efficiently.

Rotterdam Port expands shore power for inland vessels, standardizing facilities to cut emissions and improve digital monitoring

Extended vessel idling due to the Strait of Hormuz closure presents critical fuel quality management challenges for operators

The EU has sanctioned an IRGC Navy unit and two individuals over alleged attempts to restrict navigation in the Strait of Hormuz

A consortium is developing AI-driven wave energy solutions and coastal data centers to meet growing energy demands.

ABS calls for a more flexible IMO decarbonization framework, citing fuel and infrastructure challenges for global fleet compliance

ABS has issued Approval in Principle for a nuclear reactor system intended for cargo vessel propulsion, developed by MIT and HD Korea…

ABS has released an open letter outlining a data-driven strategy for maritime decarbonization, supporting IMO's mid-term measures

Genco Shipping & Trading is advising shareholders to reject Diana Shipping's $24.80 per share takeover proposal.

Spot rates for 40-foot containers from Asia to the U.S. West Coast have risen by 20%, now at $3,933

Mammoet completed the removal of a 2,300-tonne Harbor Bridge span in Corpus Christi, Texas, to reopen the shipping channel.

A pilot strike is causing vessel backlogs at Antwerp-Bruges, disrupting breakbulk, project cargo, and container movements.

Morocco is becoming a crucial logistics hub, linking Europe, West Africa, and Atlantic shipping lanes for global trade.

Adani Ports has won a ten-year marine services contract for Argentina's first LNG export project, entering the South American market

Busan's maritime hub aspirations are bolstered by the election of a new mayor with a strong background in ocean affairs

CM Energy has revealed its Meridian Class commissioning and service operation vessel design for the expanding offshore wind sector

A sanctioned tanker caught fire off Oman, leading to the safe rescue of all 24 Indian seafarers onboard

APM Terminals will temporarily reduce rail capacity at Maasvlakte II in Rotterdam by 40% from July 2026 for expansion work

The Gemini Cooperation, formed by Maersk and Hapag-Lloyd, is reportedly targeting significant market share on the Asia-Mediterranean trade.

The Baltic Dry Index decreased by 65 points, reaching 2916 points, indicating a shift in dry bulk shipping costs

Dalian iron ore futures and port spot prices both declined, reflecting a weaker market with cautious steel mill purchasing

Port Everglades announced a $48.3 billion economic impact, emphasizing its significant contribution to regional commerce and job creation

Spain has replaced its rail accident investigation body with a new independent authority covering all transport modes

UniSea acquires Kaiko Systems, expanding its AI-powered fleet management platform with enhanced inspection and compliance features