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How close is shipping to the top?
Shipping & LogisticsIndustry news

How close is shipping to the top?

Shipping markets rarely announce the top with any clarity. More often, the argument about whether the peak has arrived only really starts when freight rates are still climbing, asset values are making less and less conventional sense and owners are sufficiently confident to keep buying ships at prices that would have looked ridiculous a few …

Helena Marsh

RESEARCHSHOWSHOWTRADE FLOW INSIGHT
Shipping & LogisticsIndustry news

New research shows how regulation could reshape shipping

Amid regulatory uncertainty, there is one key challenge to ensuring shipping meets its decarbonization goals: making the right decisions today. DNV’s latest edition of Maritime Forecast to 2050 explores how different scenarios could reshape fuel demand, investment decisions, and decarbonization pathways, helping shipowners to navigate uncertainty and build resilient fleets. Shipping’s energy transition has entered ...

Helena Marsh

ASIA-USCONTAINERRATESTRADE FLOW INSIGHT
Shipping & LogisticsIndustry news

Asia-US container rates rise, tanker rates ex-USG soften as Asia port congestion intensifies

Rates for shipping containers from east Asia and China to the US were mostly higher this week while rates for liquid chemical tankers ex-US Gulf were mostly softer, all while schedule reliability is decreasing because of congestion at Asia ports. PORT CONGESTION Global container vessel schedule reliability dropped to 56.4% in July 2026, a decline ...

Helena Marsh

Sea Pioneer emerges behind SK Oceanplant aframax haul
Shipping & LogisticsIndustry news

Sea Pioneer emerges behind SK Oceanplant aframax haul

Greek owner Sea Pioneer Shipping has emerged as the company behind SK Oceanplant’s recently announced series of six firm plus two optional aframax tankers. Market sources have identified the Vasilis Bacolitsas-led owner as the previously unnamed Greek customer behind six 115,000 dwt crude carriers at the South Korean yard, with two further options attached. SK …

Helena Marsh

This Cattle Feedlot Turns Manure Into 1.2 Million MMBtu of Natural Gas a Year
EnergyIndustry news

This Cattle Feedlot Turns Manure Into 1.2 Million MMBtu of Natural Gas a Year

A new project is seeking to turn cattle manure into a source of sustainable natural gas for energy production and shipping fuel. The initiative just broke ground in Broken Bow, Nebraska, where eight anaerobic digesters will process waste from the Adams Land & Cattle feedlot into what the project leads are hoping will be a lucrative and eco-friendly source of approximately 1.2 million MMBtu of pipeline-quality natural gas per year. “The Adams Land & Cattle RNG facility demonstrates how American agriculture can play an important role…

Helena Marsh

GLOBALMARINEENERGYTRADE FLOW INSIGHT
Shipping & LogisticsIndustry news

Global Marine Energy Leaders to Gather at IBIA Annual Convention 2026

IBIA – The International Bunker Industry Association will bring together leading figures from across the global marine energy and shipping industries at its 2026 Annual Convention, taking place 10–12 November at the New York Marriott Downtown. The Convention will address the key issues shaping the marine fuels sector, including regulation and policy, fuel quality, alternative ...

Helena Marsh

ShipStation Global Brings Freight Into the Same Lane as Parcel
Shipping & LogisticsIndustry news

ShipStation Global Brings Freight Into the Same Lane as Parcel

Small and midsize shippers are often forced to stitch together various tools for parcel labels, freight quotes, tracking, and much more. The fragmentation gets more expensive as a business grows past pure e-commerce, since the moment a merchant needs to move inventory between warehouses or ship a pallet instead of a box, they’re forced out of whatever platform runs their day-to-day shipping and into unfamiliar territory. ShipStation Global CEO Tom Madine has built the company’s post-merger strategy around closing that gap, knowing that the same merchants who came to the platform for parcel lab

Helena Marsh

FOURSHIPOWNERSCO-ORDERTRADE FLOW INSIGHT
Shipping & LogisticsIndustry news

Four shipowners co-order vessels in record-breaking VINGA series: “The right time to invest”

Four shipping companies from Sweden, Norway, and Canada see a bright future in the European intermediate tanker market and are ordering four new VINGA ships — taking the series, developed by Furetank, to a remarkable 26 vessels. The new investment was announced on Friday in conjunction with the naming ceremony for FURE VASA, a newly ...

Helena Marsh

Houthi strike hits Saudi VLCC off Yanbu
Shipping & LogisticsIndustry news

Houthi strike hits Saudi VLCC off Yanbu

A Saudi-owned VLCC has been struck off Yanbu in the northern Red Sea, extending the Houthi campaign against Saudi shipping to one of the kingdom’s most important alternative crude export routes. The 320,926 dwt Amzan was hit around 63 nautical miles west of Yanbu on August 24. UK Maritime Trade Operations said an unknown projectile …

Editorial Desk

Jiahua Energy enters shipping with CIMC SOE newbuild
Shipping & LogisticsIndustry news

Jiahua Energy enters shipping with CIMC SOE newbuild

Chinese chemicals and energy group Jiahua Energy is moving into shipowning with an order for a 35,000 cu m carrier from CIMC Sinopacific Offshore & Engineering. The company has capped total investment in the vessel and pre-operating costs at CNY750m ($111m). Jiahua subsidiary Meifu Port & Storage will fund 60%, with three partners covering the …

Editorial Desk

BW LNG builds on 174k LNG carrier workhorse with 177k cbm three-tank design
EnergyIndustry news

BW LNG builds on 174k LNG carrier workhorse with 177k cbm three-tank design

BW LNG, a liquefied natural gas (LNG) shipping company that is part of Singapore-based BW Group, has shed more light on its move that pushes LNG carrier capacity beyond the conventional 174,000-cubic-meter (cbm) design with a new 177,000-cbm, three-tank configuration, described as being able to carry more cargo while retaining the flexibility and terminal compatibility of the established vessel class. The post BW LNG builds on 174k LNG carrier workhorse with 177k cbm three-tank design appeared first on Offshore Energy .

Editorial Desk

PascoGas linked to $370m LPG quartet at HD Hyundai
EnergyIndustry news

PascoGas linked to $370m LPG quartet at HD Hyundai

Turkish gas shipowner PascoGas has been linked to another major newbuilding move at HD Hyundai, with four LPG carriers contracted in a KRW515.4bn ($370m) deal. HD Hyundai Heavy Industries disclosed the order on Monday, identifying the customer only as an Oceania-based shipping company. The ships are scheduled for delivery by March 31, 2030. Shipbuilding sources …

Editorial Desk

Diana rolls panamax bulker into stronger Cargill fixture
Shipping & LogisticsIndustry news

Diana rolls panamax bulker into stronger Cargill fixture

New York-listed Greek bulker owner Diana Shipping has secured a 41% rate increase for the panamax Leto in a direct charter continuation with commodities giant Cargill. The 2010-built, 81,297 dwt vessel has been fixed at $18,000 per day, less a 4.75% commission, from September 10. The deal runs until at least September 1, 2027, with …

Editorial Desk

Hanwha builds US LNG trading arm
EnergyIndustry news

Hanwha builds US LNG trading arm

Hanwha is pushing deeper into the American LNG value chain, establishing a new US company that will combine procurement, trading and logistics with the Korean conglomerate’s rapidly expanding shipping and shipbuilding businesses. Hanwha Aerospace announced today the creation of Hanwha Horizon USA, which will serve as the control tower for its global LNG operations. James …

Editorial Desk

MSC – M&A-hungry and on the prowl
Shipping & LogisticsIndustry news

MSC – M&A-hungry and on the prowl

As Ian Fleming wrote in his 1959 novel Goldfinger: “Once is happenstance. Twice is coincidence. Three times is enemy action.” Apply that to the current M&A-prone landscape for shipping lines and… Now What’s known: Mediterranean Shipping Company (MSC) is – directly or indirectly; more below – readying to pull the trigger, as “urgency is felt to close deals”, including those where 100% ownership must be achieved in various ventures. Kind of… in line ... The post MSC – M&A-hungry and on the prowl appeared first on The Loadstar .

Editorial Desk

MSC schedules more east-west liner services for Suez Canal transit
Shipping & LogisticsIndustry news

MSC schedules more east-west liner services for Suez Canal transit

MSC is continuing its restoration of Suez Canal transits for selected east-west services, joining the Gemini Cooperation and Ocean Alliance in a cautious return to the Red Sea route. The move follows last week’s announcement that the world’s largest container shipping line would be sending seven ships through the waterway this month. It said on Monday: “Following a comprehensive review of the latest security and operational conditions in the Red Sea region, ... The post MSC schedules more east-west liner services for Suez Canal transit appeared first on The Loadstar .

Editorial Desk

U.S. MARAD and CORE POWER developing co-operation framework to spur nuclear-powered merchant shipping
Shipping & LogisticsIndustry news

U.S. MARAD and CORE POWER developing co-operation framework to spur nuclear-powered merchant shipping

Membership Required: Standard Free You need to be a Standard member to access this content. Our standard membership includes: Free access to all ship.energy news stories on the website Free access to all ship.energy podcasts The ship.energy daily news report, delivered to your inbox A listing of global industry events, moves, seminars, workshops and conferences Daily bunker prices from 6 key ports A premium membership (£295 per year) is also available which includes access to Bunkerspot magazine, the Bunkerspot news archive (10 years), exclusive ship.energy Industry insights, and delegate disc

Editorial Desk

China Defies U.S. Economic D-Day against Iran
Oil & Fuel OilIndustry news

China Defies U.S. Economic D-Day against Iran

China on Tuesday signaled it would not end its ties and trade relations with Iran following the U.S. sanctions unveiled on Monday that target Chinese and Hong Kong entities for helping Iran do business. On Monday, the U.S. Administration announced a series of new sanctions against individuals and entities linked with Iranian trade and economy, including the shipping and oil industry. However, “Operation Economic Outcast,” launched by Treasury Secretary Scott Bessent, stopped short of sanctioning any Chinese banks. The oil trade remains…

Editorial Desk

New return: Another container line is back in the Red Sea
Shipping & LogisticsIndustry news

New return: Another container line is back in the Red Sea

While unfounded fears of higher tariffs helped drive what amounted to unexpected demand by anxious shippers this summer, other assorted geopolitical intrigue is keeping the container market on edge. Asia-U.S. West Coast prices increased 1% to $6,826 per forty foot equivalent unit (FEU), according to the latest Baltic Index from SONAR data contributor Freightos. Asia-U.S. East Coast prices were 2% higher, at $9,576 per FEU. Events that could pressure container traffic on the trans-Pacific are being closely watched. The United States is trying to tighten economic sanctions on countries doing bus

Editorial Desk

Orca AI expands deployment with Eastern Pacific Shipping following successful operational validation
Shipping & LogisticsIndustry news

Orca AI expands deployment with Eastern Pacific Shipping following successful operational validation

Orca AI has expanded its collaboration with Eastern Pacific Shipping (EPS) following the successful completion of a pilot involving five vessels and more than 130,000 nautical miles of operations. Following the pilot, EPS will deploy Orca AI’s maritime operations platform across dozens of additional vessels, reflecting confidence in the platform’s ability to support navigational awareness ...

Editorial Desk

Topic, TSUNEISHI SHIPBUILDING and OceanWings complete rigid tiltable wingsail retrofit aboard the bulk carrier MARIA TOPIC
Shipping & LogisticsIndustry news

Topic, TSUNEISHI SHIPBUILDING and OceanWings complete rigid tiltable wingsail retrofit aboard the bulk carrier MARIA TOPIC

Topic, TSUNEISHI SHIPBUILDING and OceanWings today announced the successful completion of OceanWings rigid wingsail installation aboard the Ultramax bulk carrier MARIA TOPIC. Retrofitted at TSUNEISHI SHIPBUILDING in Japan, the vessel now returns to commercial service, marking a major milestone in OceanWings’ commercial deployment and in the adoption of wind-assisted propulsion for merchant shipping. The successful ...

Editorial Desk

Baltic Dry Index Rises for 4th Day
MarketsIndustry news

Baltic Dry Index Rises for 4th Day

The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, advanced for a fourth consecutive session on Tuesday, rising about 1.5% to a fresh high since August 12 at 2,926 points. The capesize index, which typically transports 150,000-ton cargoes including iron ore and coal, also increased for a fourth ...

Editorial Desk

LNG Shipping: Pacific LNG Trade on the Rise
Shipping & LogisticsIndustry news

LNG Shipping: Pacific LNG Trade on the Rise

The LNG shipping market is witnessing the emergence of Mexico’s LNG export corridor, underlying the growing influence of the Pacific LNG trade. In its latest weekly report, shipbroker Intermodal said that “amid broader uncertainty in the LNG market, the outlook is being shaped by disruptions to Middle Eastern flows, an uncertain Qatari recovery, and Europe’s ...

Editorial Desk

Panama Canal new capacity cuts put US ports on notice
Shipping & LogisticsIndustry news

Panama Canal new capacity cuts put US ports on notice

One of ocean shipping’s critical chokepoints just got a little tighter. The Panama Canal Authority in an advisory to shipping reduced daily vessel transits beginning in September and postponed previously announced draft increases for Neopanamax vessels. The measures reflect a deteriorating outlook linked to below-average rainfall and the prospect of a severe 2026–2027 El Niño weather event. The early warning indicates that the water supply in Lake Gatun supplying the canal’s lock system is again becoming a direct constraint on the reliability, cost and routing of cargo moving through U.S. East

Editorial Desk

The Amazon Prime Effect Is forcing dispatchers into AI
Shipping & LogisticsIndustry news

The Amazon Prime Effect Is forcing dispatchers into AI

Free two-day shipping rewired what customers expect from delivery, and it blew a hole in last-mile budgets that retailers are still scrambling to patch. FarEye, an AI-Powered Delivery Management System (DMS), recently launched an agentic AI dispatcher called PILOT to plan, execute, and monitor final-mile deliveries with minimal human oversight. Gaurav Srivastava, the company’s co-founder and chief product and technology officer, told FreightWaves two forces made the launch possible: relentless consumer demand for free, fast delivery, and the leap in AI capability that followed Large Language M

Editorial Desk