Ocean Freight

The Capesize bulk carrier "Mount Dampier" has been committed for a European engagement, indicating dry bulk market activity

Frontline plc announced its best-ever quarterly profit of $659.2 million for the second quarter of 2026

US refinery maintenance season in October may not depress freight rates as it has historically, signaling a potential shift

Middle East tanker exports are navigating a third phase of market adjustments since the Hormuz crisis commenced, impacting capacity.

COSCO SHIPPING Ports reported strong H1 2026 results with overall throughput growth, though Piraeus Port saw slower container volumes

BW LPG announced record profits of US$120 million in Q2 2026, fueled by strong shipping performance and high TCE rates

The UK Chamber of Shipping welcomes the DfT's recognition of ports and shipping in achieving net-zero targets.

Agora Shipbroking Corporation's latest report for Week 34, 2026, details commercial indicators for the shipping market

Safety equipment manufacturers are promoting electronic flares as the future of maritime distress signaling at SMM 2026

The global steel sector outlook is improving, driven by steady demand and easing input costs, despite varied regional price movements.

Steel producers in the Americas credit trade protection measures, including tariffs, for stronger market conditions.

German import prices increased by 6.8% year-on-year in July 2026, marking the fifth consecutive month of growth

Euro Area industrial confidence improved in August 2026, marking its highest level since April 2023.

SC Ports intends to deepen the Cooper River to 52 feet to facilitate access for larger container ships at its North Charleston Terminal

COSCO Shipping is investing nearly $3 billion in 18 new container ships, including twelve 22,000-TEU vessels.

Swedish prosecutors have charged the master and pilot of the Misje Verde cargo ship after a fatal collision near Tjörn

A new Russian Arc7 LNG carrier has idled off China for two weeks, possibly awaiting repairs after an Arctic LNG 2 delivery.

UK ports face substantial hurdles in decarbonizing, including long grid connection waits and high energy costs.

US seaports saw mixed cargo volumes in July, indicating some strength alongside unevenness and capacity constraints

Intra-Asia container rates are climbing due to storm-related port disruptions and robust peak season demand.

Yusen Terminals secured a 30-year lease extension at the Port of Los Angeles, pledging $200 million for zero-emission equipment

Ardmore Shipping expanded its newbuild order for product/chemical tankers, adding two more vessels to its Wuhu Shipyard contract

DP World's Prince Rupert terminal has upgraded its first diesel RTG crane to a hybrid system, reducing fuel use over 60%

A new $750 million export logistics facility, CANXPORT, has opened at the Port of Prince Rupert, enhancing Canadian trade.

India's GDP growth is set to ease slightly to 7.5% but will likely outperform most Asian economies due to strong domestic demand.

Singapore and Brazil signed an MoU to create a Green and Digital Shipping Corridor, focusing on decarbonization and digitalization.

Chevron is negotiating to expand its oil operations by adding two new fields in Venezuela, according to recent reports.

Rhine River water levels in Germany have stabilized after recent rain, enabling vessels to carry larger cargo volumes.

Oil tanker earnings on a benchmark route have approached $650,000 daily due to the Iran war and strategic shipping plays

The rapid expansion of US data centers is driving a significant increase in gas-fired power projects, exacerbating project cargo bottlenecks