Ocean Freight

An online auction for the 4,917 DWT oil tanker "LONG MEI" is scheduled for September 16, 2026, on Shipbid.

Shanghai has retained its top spot in the 2026 World Top Container Ports ranking, leading 125 global ports.

Singapore's residual fuel oil inventories saw a 2% average decline in August, attributed to decreased net imports

India's crude oil imports from Russia are expected to decline in August, though Russia remains the top supplier.

China's agricultural liberalization aims to strengthen global food security through increased domestic production and resilient supply…

Oil prices rose above US$90 per barrel after US military strikes on Iranian launchers in the Persian Gulf.

Europe is drawing in additional LNG volumes due to low storage and the closure of the Strait of Hormuz, driving up gas prices

China's LNG imports from Russia are growing due to discounted Arctic LNG 2 cargoes and improved Russian shipping capacity.

Iraq will not approve new projects or investments until the Strait of Hormuz crisis ends and full oil exports resume.

US natural gas prices fell to $2.87/MMBtu, extending a retreat from recent highs due to anticipated supply increases

A proposed U.S.-Venezuela oil deal is facing criticism from both government allies and opposition forces in Venezuela

European stocks fell as Middle East military escalation drove crude oil prices above $90 a barrel, influencing market sentiment.

Etu Energias has completed a $260 million deal with Chevron to increase its stakes in two Angolan deepwater blocks.

A container stack collapsed onto a truck at Tecon Suape terminal, with initial findings ruling out mechanical failure

Acta Marine's new CSOV, Acta Gemini, has started its charter at the Sofia Offshore Wind Farm in the North Sea.

APM Terminals has officially started construction on the Laldia Container Terminal in Chattogram, Bangladesh, to enhance regional…

Royal Wagenborg is upgrading 160 vessels with advanced connectivity and cybersecurity solutions through DeBoerMarine

Kongsberg Maritime will supply an integrated technology suite for a new SBM Offshore and Solstad offshore installation vessel

Dutch Customs arrested two suspected drug smugglers near a container terminal in the Port of Rotterdam after a drone pursuit

The US Treasury Secretary will urge G20 nations to re-evaluate trade relations with China due to unsustainable export levels

AFRY will provide technical advisory services for a major 1.5 GW LNG-to-power project in Vietnam, enhancing regional energy infrastructure

A US Navy aircraft carrier's arrival in Pattaya, Thailand, aims to boost the local economy after a Middle East deployment.

Cavotec has released a new modular mobile battery energy storage system tailored for RTG cranes, enhancing port electrification

Contecon Manzanillo has received approval to handle container ships with drafts up to 15.5 meters, allowing ultra-large vessels

A new MoU between Great Lakes ports and shipyards aims to boost domestic shipbuilding and maritime commerce

US forces reportedly attacked two Iranian mine launchers on Larak Island, prompting alleged Iranian retaliation against US forces in Jordan

A ferry capsized off North Cyprus, causing eight deaths and 18 missing persons, with survivors clinging to the hull

The Strait of Hormuz experienced a sharp decline in daily commodity vessel transits, falling to just five per day.

Unexpected US refinery outages during maintenance season could reduce product tanker cargo volumes and impact freight rates

The Capesize dry bulk market sustained its positive trajectory this week, with the BCI 5TC rising due to strong Atlantic and Pacific demand.