Drewry’s Latest Container Index Jumps as Peak Season Demand Hits Earlier and Harder
Drewry’s latest weekly World Container Index, posted on 4 June 2026, showed a sharp acceleration in container freight pricing, with the composite benchmark surging 23% week on week to $3,433 per 40ft container. Drewry...
Ship Scrapping is Turning Into a Story of Tight Supply, Tougher Rules, and a Growing Shadow-Fleet Debate
The current ship scrapping picture is not being driven by a flood of end-of-life tonnage. It is being shaped by a shortage of willing candidates, firmer operating markets in several shipping segments, and a...
Hormuz Shortages Rundown: LPG, Plastics, Aid Cargo and Fuel Costs Tighten While Europe Says Jet Fuel Is Still Available
The latest Hormuz supply picture is no longer a single crude-oil story. As the Strait of Hormuz remains heavily disrupted, shortages and near-shortages are showing up unevenly across the global economy. The most visible...
AD Ports’ $835 Million Brazil Buy Opens a New South America Grain Corridor for Abu Dhabi
AD Ports Group has agreed its largest acquisition to date by striking an $835 million deal to buy Corredor Logística e Infraestrutura, or CLI, a Brazilian agri-bulk terminal operator with major assets at Santos...
COSCO Expands LNG Shipping With a $953 Million Jiangnan Order Backed by Shell Charters
COSCO Shipping Energy Transportation has moved ahead with a new LNG carrier investment worth about RMB 6.445 billion, or roughly $953 million, ordering four 175,000 cubic meter LNG carriers at Jiangnan Shipyard through its...
Kpler’s $1 Billion Plus Funding Deal Signals a Bigger Push Into Maritime Intelligence, Risk, and Trade Analytics
Kpler has secured a new minority strategic growth equity investment of more than $1 billion from Sixth Street, marking one of the largest recent capital moves in the maritime and commodity-data space. The company...
Hormuz Oil Flows Edge Higher as “Dark Mode” Shipping Blurs the Real Supply Picture
More oil is getting out of the Strait of Hormuz again, but the market is becoming harder to read at the same time. New reporting says exports through the chokepoint have picked up modestly...
Delfin LNG Wins Final Investment Approval, Moving Louisiana Toward the First U.S. Floating LNG Export Project
Delfin Midstream has approved the final investment decision for Delfin FLNG 1, the first floating LNG export facility to move ahead in U.S. waters, marking a new phase for offshore gas exports off Louisiana....
Rising Container Rates, Gulf Disruption and Early Peak Season Pressure Reshape Shipping
Maritime logistics has tightened again over the past several days, with the latest market picture showing stress building from more than one direction at once. Drewry’s newest container data shows the World Container Index...
Ichthys LNG Strike Delays Australian Cargo Loadings as Labor Dispute Reopens Supply Risk
Loadings at Australia’s Ichthys LNG project were delayed after strike action by workers disrupted terminal operations and caused at least one scheduled cargo to miss its departure window. The most visible impact was on...
MSC Ship Hit Off Iraq Raises New Security Questions Around Umm Qasr and Northern Gulf Trade
MSC says its MSC Sariska V was struck by two projectiles while departing Iraq’s Umm Qasr on June 1, with the first hit occurring while the pilot was still onboard and the second striking...
Gulf Shipping Risk Surges Again as U.S. Strikes and Iranian Retaliation Hit the Hormuz Picture
Gulf shipping risk escalated again after a fresh round of U.S. military action and Iranian retaliation pushed the Strait of Hormuz back toward a higher-alert operating posture. The latest developments include U.S. strikes near...
Posidonia 2026 Opens With Security, Decarbonization, AI and Nuclear Shipping Moving to the Front of the Industry Agenda
Posidonia 2026 opens in Athens this evening with the event arriving at its largest scale yet and with a sharper strategic tone than in past editions. Organizers say this year’s exhibition will host 2,227...
20,000 Seafarers Trapped in Gulf Shipping Gridlock as Hormuz Stays Far From Normal
Roughly 20,000 seafarers remain stranded aboard ships inside the Gulf because traffic through the Strait of Hormuz is still severely constrained despite intermittent diplomatic progress and a temporary ceasefire. Current reporting says vessel movements...
France Tightens Atlantic Pressure on Russia’s Shadow Fleet With Another Tanker Interception
France has carried out another high-profile intervention against a Russia-linked oil tanker in the Atlantic, escalating a pattern of maritime enforcement that is now stretching beyond the Mediterranean into wider European waters. President Emmanuel...
Hormuz Weekend Shipping Update: Mine Warning, Fresh U.S. Action and Fragile Ceasefire Hopes Keep Traffic on Edge
The Strait of Hormuz weekend news flow pointed in one direction: the shipping situation is still unstable, even without a new full-scale closure announcement. On Saturday, Oman’s Maritime Security Centre issued a navigation warning...
China Extends Pressure to Taiwan’s East Coast in a New Coast Guard Patrol Signal
China said its coast guard carried out law enforcement patrols in waters east of Taiwan, widening the pressure picture beyond the Taiwan Strait and the island’s western side. The move came after Japan and...
Navios Partners Expands VLCC Fleet With Four Newbuilds and Locks In Long-Term Earnings Cover
Navios Partners has moved deeper into large crude tanker expansion by agreeing to acquire four scrubber-fitted VLCC newbuildings for a total of $482 million, with delivery scheduled for the second half of 2028. The...
Drewry’s Latest World Container Index Shows Container Rates Still Climbing as Early Peak Season Tightens the Market
Drewry’s newest weekly update shows container spot rates continuing their recent rise rather than flattening out. The World Container Index increased 3% week on week to $2,800 per 40-foot container, extending the current uptrend...
South Africa Pushes LNG Port Buildout Forward With Ngqura Deal as Richards Bay and Durban Plans Stay in Play
South Africa’s port-led LNG strategy has moved into a new phase after Transnet National Ports Authority signed a 25-year terminal operator agreement for an onshore LNG regasification facility at the Port of Ngqura in...