Dry Bulk Rates Reignite as Capesize Lifts the Market Near a One Month High
Dry bulk freight moved higher again into Tuesday’s close, with the Baltic Dry Index rising to 2,875, up 78 points or 2.79%…
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Hormuz Shipping Risk Jumps as U.S. and Iran Trade Fire
The U.S.-Iran ceasefire framework has come under fresh strain after U.S. Central Command said Iran attacked three commercial vessels transiting the Strait…
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UK Dutch Ship Deal Sets Up a New NATO Amphibious Fleet
The UK and the Netherlands have signed a £2.4 billion maritime partnership to develop and field a new class of amphibious transport…
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Israel Pushes Back as ZIM Sale Faces Security Test
The proposed $4.2 billion sale of ZIM to Hapag-Lloyd has moved into a more difficult political and regulatory phase after Israeli Prime…
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Panama Draft Cuts Tighten Canal Load Planning
The Panama Canal’s next Neopanamax draft reductions are putting cargo intake, booking timing, and voyage planning back under review for ships using…
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Hormuz Tanker Strike Update Sends Fresh Shock Through Gulf Shipping
Two commercial tankers were reported damaged near the Strait of Hormuz after reported Iranian missile fire, according to maritime security sources and…
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Canada Picks German Submarine Team for Arctic Fleet Reset
Canada has selected Thyssenkrupp Marine Systems as the preferred supplier to begin negotiations for up to 12 conventionally powered submarines, moving the…
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China’s Electric Cargo Fleet Moves From Pilots to Scale
China’s electric ship rollout is moving beyond showcase vessels and into a larger commercial deployment phase, with recent market reporting showing the…
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CMA CGM’s Fleet Push Puts Maersk’s No. 2 Spot in Play
CMA CGM is closing in on one of the biggest ranking shifts in container shipping, with the French carrier positioned to challenge…
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Hormuz Weekend Exit Wave Signals Cautious Return for Gulf Shipping
The weekend Hormuz update brought a visible shift in Gulf shipping activity as a group of Japan-linked vessels began moving out of…
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Red Sea Attack Near Hodeidah Puts Merchant Ship Risk Back in Focus
A fresh security incident has pushed the southern Red Sea back onto maritime risk screens after the UK Maritime Trade Operations center…
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Canada’s Pacific Oil Push Points to Bigger Asia Tanker Flows
Canada has advanced a new West Coast oil pipeline proposal designed to move more Alberta crude to the Pacific Coast and expand…
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Container Rates Surge Again as Peak Season Pressure Builds
Container freight markets moved sharply higher again on the July 2 rate screen, with Drewry’s World Container Index rising 9% to $4,530…
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Vietnam’s Northern Container Gateway Gets a PSA Deepsea Boost
PSA Vietnam’s move into the Lach Huyen deepsea container project gives northern Vietnam a major new port-development signal at a time when…
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A.P. Moller Holding Makes a Big Move Into Ship Leasing
A.P. Moller Holding has agreed to acquire 100% of Ocean Yield from funds managed by KKR, putting one of shipping’s best-known vessel…
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CMA CGM Expands U.S. Logistics Footprint With $1.4 Billion FedEx Supply Chain Deal
CMA CGM has agreed to acquire FedEx Supply Chain at an enterprise value of $1.4 billion in a move that materially expands…
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Ship Finance Meets the New Decarbonization Risk Test
Shipping decarbonization has moved into a new phase where the pressure is no longer limited to cleaner fuels, efficient hulls, or emissions…
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Piracy Pressure Returns to Gulf of Aden as Tanker Boarding Raises New Security Alarm
Armed boarders have again put Gulf of Aden vessel security under the spotlight after a tanker was boarded and damaged south of…
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Bulk Carrier Orders Surge as COSCO Locks In a Long Lease Fleet
COSCO Shipping Development has moved dry bulk ordering back into the spotlight with a 24-vessel newbuilding package valued at about $1.27 billion,…
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Hormuz Shipping Reopens Unevenly as Control Dispute Returns to the Surface
The latest Hormuz news over the last 24 hours points to a fragile reopening rather than a return to normal shipping. U.S.…
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