Tanker Newbuild Orders Are Racing Toward a Record 2026 as VLCC and Suezmax Contracting Explodes
The tanker ordering cycle has accelerated sharply in 2026, with crude tanker contracting already running at a pace that would challenge or…
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Panama Canal June Maintenance Could Tighten Slots Just as Rerouted Demand Builds
Fresh concern is building around the Panama Canal ahead of a scheduled Gatun Locks outage in June, not because the waterway is…
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U.S. LNG Returns to China as Direct Cargo Trade Reopens After a Long Freeze
Direct U.S. LNG shipments are heading to China again after roughly a year without regular cargo movement between the two sides. Recent…
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Iran War Costs Global Companies $25 Billion and Counting as Fuel, Freight and Supply Chains Bite
The latest reporting indicates the economic hit to global business from the Iran war has climbed to at least $25 billion, with…
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Iran’s Hormuz Crypto Insurance Plan Adds a New Layer of Shipping Risk
Iran-linked reporting over the weekend said Tehran has launched or is piloting a new maritime insurance framework for the Strait of Hormuz,…
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Cuba Cargo Shock as Hapag-Lloyd and CMA CGM Freeze New Bookings
Hapag-Lloyd and CMA CGM have suspended bookings to and from Cuba after a new U.S. executive order widened sanctions risk for foreign…
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Oil Climbs Again as Gulf Ship Seizures and Attack Risk Keep Traders on Edge
Oil prices rose sharply on May 15 as the market reacted to a fresh combination of Gulf shipping risk and fading confidence…
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Somali Pirate Ransom Shock Hits Product Tanker Trade Again
Somali piracy has pushed back into the tanker market with a new hostage case that now centers on a reported $10 million…
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LNG Carrier Market Heats Up Again as Rates, Orders and Long-Term Charters All Push Higher
The current LNG shipping picture does support the idea that LNG vessels are hot again, but the strength is showing up in…
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Arabian Truck Corridors Become Shipping’s New Hormuz Workaround
Shipping lines are increasingly using sea-land combinations across the Arabian Peninsula to keep cargo moving around the Strait of Hormuz disruption, shifting…
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Safe Bulkers Doubles Down on Fleet Renewal With Four More Japanese Newbuilds
Safe Bulkers has expanded its dry-bulk orderbook again, adding four Japanese newbuilds in a move that pushes the company deeper into long-cycle…
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U.S. Energy Outlook Rewrites the Middle East Supply Shock and Extends Shipping Pain
The U.S. Energy Information Administration has sharply revised its Middle East disruption outlook, replacing last month’s assumption of a shorter Hormuz interruption…
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Norden Buys Four Modern Handysize Bulkers in a Focused Bet on Tight Small-Bulker Supply
Norden has expanded its dry cargo fleet by purchasing four handysize bulkers built in 2024, with delivery scheduled during the second quarter…
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Safe Bulkers Doubles Down on Fleet Renewal With Four More Japanese Newbuilds
Safe Bulkers has expanded its dry-bulk orderbook again, adding four Japanese newbuilds in a move that pushes the company deeper into long-cycle…
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Adani Ports Makes a $1.36 Billion Bet on Europe’s Offshore Buildout
Adani Ports has committed $1.36 billion through fiscal year 2031 to expand its offshore capabilities in Europe, pairing with U.S.-based Oceaneering International…
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Hapag-Lloyd Q1 Loss Deepens as Hormuz Disruption and Weak Rates Keep Pressure on Containers
Hapag-Lloyd reported an unsatisfactory first quarter for 2026, posting a net loss of €218.6 million after a profit of €446.2 million in…
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Petronas Locks In Five 20-Year LNG Carrier Charters With MISC in a Major Long-Term Shipping Move
PETRONAS LNG Ltd. has signed a 20-year time charter agreement with MISC Group for five newbuild 174,000-cbm LNG carriers, with construction set…
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CMA CGM’s Mombasa Bet Could Reshape East African Port Competition
CMA CGM is moving ahead with one of the largest new port commitments in East Africa after agreeing to invest about $820…
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ONE Orders Six LNG Dual-Fuel Boxships at HD Hyundai in a Fresh $1.2 Billion Fleet Move
Market sources have identified Ocean Network Express as the liner behind HD Hyundai’s newly disclosed order for six LNG dual-fuel containerships worth…
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Panama Canal Transit Costs Explode as Bidding Wars Push Priority Slots to New Highs
The Panama Canal’s auction market for last-minute transit access has hit a new extreme, with one crossing slot reaching $4 million, according…
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