Ocean Freight

DENZAI won a contract for a 201-ton condenser replacement at a Bangladesh fertilizer plant, including ocean freight and heavy haulage

CMN has secured a five-year contract for Vega C rocket transport, prompting plans for a new purpose-built Ro-Ro vessel

Reintjes, a German marine gearbox manufacturer, reported record €138 million revenue in 2025, driven by hybrid and electric propulsion.

Icon Energy has switched its panamax bulker Alfa from an index-linked charter to a fixed-rate deal with a commodity trader.

Shipping industry ESG frameworks are not consistently translating into operational performance, according to a new report

Port Houston reports a 5% rise in vessel activity and 27% tonnage growth in the Houston Ship Channel due to infrastructure upgrades

A US Navy blockade halted all Iranian crude oil exports in May, leaving 80 million barrels stranded offshore

A Massachusetts Maritime Academy team won a national competition for electric propulsion systems in maritime applications

Windward appointed retired U.S. Navy Vice Admiral Robert (Bob) Sharp as its Chief Maritime Intelligence Officer

German customs intercepted over eight tons of cocaine at Wilhelmshaven, valued at 500 million euros, one of the largest seizures.

McDermott secured a long-term agreement with Saudi Aramco for project management consultancy on major energy and low-carbon projects.

The shipping industry has shown strong adaptability in managing structural and geopolitical challenges to keep cargo moving

Industrial production, rather than consumer spending, is now the primary driver of the freight market's recovery.

Dutch Customs seized 17 kg of cannabis from a container at a Clinge business after the company reported suspicious cargo.

Russian President Putin has approved TotalEnergies' sale of its 10% stake in the Arctic LNG 2 project

Heavy-lift stakeholders are calling for a flexible EU alternative fuels policy to avoid operational disruptions for specialized vessels

The Baltic Dry Index fell by 81 points, reaching 3124, indicating a shift in global dry bulk shipping rates.

Dirty tanker exports from the Americas reached a record 14.5 million barrels per day in May, driven by the Iran War.

Greek tanker owners are positioning vessels near the Persian Gulf, hoping for high rates if the Strait of Hormuz reopens

VIKING Life-Saving Equipment has secured its first orders for the Pentagon Star mass rescue device, enhancing maritime safety

This report provides an overview of the latest time charter rates for both tanker and dry bulk shipping sectors as of June 3

India is re-evaluating its coastal shipping cabotage rules for foreign vessels, a policy that drew criticism from the industry

A European maritime authority has integrated Risk Intelligence's system to bolster vessel supervision and operational risk assessment.

Upcoming EU reforms for low-value e-commerce imports are expected to cause minimal disruption, unlike US changes.

StormGeo and OceanScore have signed a collaboration agreement to enhance maritime emissions compliance solutions for shipping companies

Jinhui Shipping has ordered two new dry bulk vessels from a Chinese shipyard, valued at $34.15 million each.

Maersk and Ferrero have extended their logistics partnership, though concerns about past operational issues remain.

Hapag-Lloyd and Seaspan completed the first methanol dual-fuel conversion for a 10,100 TEU container ship, the Seaspan Yangtze

COSCO Shipping's XIANG TAI KOU heavy-lift vessel set a new record by transferring a 28,000-ton offshore converter platform

ONEX Shipyards & Technologies Group is presenting its shipbuilding and repair services at Posidonia 2026, highlighting its Greek facilities.