Section
Tanker and dry bulk freight, ports, terminals and supply-chain logistics.
A ship’s anchor can wreak havoc on the world’s undersea infrastructure, something that has provided plenty of rich material for Splash reporting in recent years. For Elisabeth Braw, the Cook Islands-flagged tanker Eagle S provides one of the most brazen examples. On Christmas Day 2024, the vessel was accused of dragging its anchor 90 km …
Borderlands Mexico is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week in Borderlands Mexico: US takes 76% of vehicle exports as September shipments plunge; DSV expands US-Mexico freight operations with McAllen office; and Texas university seeks $772,700 for AI-powered Laredo freight project. US takes 76% of vehicle exports as September shipments plunge More than three-quarters of Mexico’s light-vehicle exports were destined for the U.S. during the first nine months of 2026, underscoring the importance of cross-border automotive t
Supertankers are racing to the Middle East to cash in on soaring fees for carrying oil through the Strait of Hormuz.
Crude posted its biggest gain in a month amid Middle East tensions and hurricane-related production cuts.
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 …
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 ...
Peter Sand, Xeneta Chief Analyst: “For the high-flying spot rates from Far East to US East and West Coasts, we may just begin to see the end of that rising trend as we get into the first half of October. When comparing today’s spot rates to the level experienced on 1 July – shippers are ...
SUNY Maritime College’s training ship Empire State VII has been ordered to depart New York on September 30 for Norfolk, Virginia, where it will undergo a month-long activation and flight deck certification...
The VLCC market has reached levels that would have sounded absurd only months ago. Middle East-China earnings have pushed beyond $1m a day, Atlantic routes have surged into the hundreds of thousands and secondhand values have exploded to the point where rust-stained 15-year-old VLCCs are changing hands for more than newbuilds. The argument now dividing …
Sempra Infrastructure signed a 20-year agreement to supply about 0.8 million metric tons per annum of liquefied natural gas to Petrobras from the under-construction Port Arthur LNG phase 2 project in Texas.
The defining feature of the current asset market is not limited to five-year-old tonnage trading above newbuilding prices. Repricing spans the entire age curve and intensifies with vessel age. VLCC values are up 30% year-over-year at five years, 42% at ten years, 61% at fifteen years, and 90% at twenty years. The Suezmax curve shows ...
The EU ETS is expected to keep impacting shipping both in the near and in the long term, following the latest gas price increases. In its latest weekly report, shipbroker Intermodal said that “the EUA market maintained its upward trend in August, despite the quieter trading conditions and lower liquidity that typically characterize the holiday ...
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 ...
The tanker market could experience an increase of flows from West to East in the coming years, following the 65 billion barrel deal between the US and Venezuela. In its latest weekly report, shipbroker Gibson said that “last Friday, President Trump announced that the US had reached an agreement to control 65 billion barrels of ...
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 …
By Alexandra Valencia and Yury Garcia QUITO, Sept 4 (Reuters) – Ecuador defended on Friday U.S. operations that intercepted and sank three Ecuadorean vessels this week, while relatives of some crew members...
OSLO, Sept 4 (Reuters) – Norway will provide necessary assistance to Russians in the Arctic Svalbard islands following the arrest of a ship transporting passengers and supplies to the archipelago, the Nordic...
With the overall jobs report from the Bureau of Labor Statistics showing a surprisingly big jump in employment, truck transportation participated in that rebound. The monthly report showed truck transportation employment rising 4,800 jobs to 1,470,300. It’s the highest level of jobs in the sector since October. But with employment since then mostly trending down each month, the number of jobs in the sector is still about 10,000 jobs less than it was a year ago. window.googletag = window.googletag || {cmd: []}; googletag.cmd.push(function() { var gptSlot = googletag.defineSlot('/21776187881/FW-
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 ...
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
Geodis has promoted Veronique Dameme to chief commercial officer for its global freight forwarding business, effective today. Ms Dameme brings more than 30 years’ experience in the logistics sector, including 17 years in the US, with expertise spanning international business development, customer strategy and global supply chains. She has particular experience in the healthcare and life sciences sector, having joined Geodis in October 2025 as sales director for healthcare and life sciences ... The post Dameme steps up as Geodis CCO appeared first on The Loadstar .
Borderlands Mexico is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week in Borderlands Mexico: Nuevo León governor pitches border boom as Texas-Mexico freight surges; NADBank plans nearly $164M in water projects; and Otay Business Park completes first phase near US-Mexico border. Nuevo León governor pitches border boom as Texas-Mexico freight surges Nuevo León Gov. Samuel García is betting billions of dollars in infrastructure, industrial development and security investments can help transform the Mexican state into an increasingly
By Baris Balci Aug 30, 2026 (Bloomberg) — At least six people died after a high-speed ferry carrying about 267 capsized while sailing from Kyrenia in northern Cyprus to Tasucu in southern...
The company brings engineering, specialist personnel, equipment and port infrastructure together under one operating […] The post Futura combines marine engineering, cable logistics and vessel services appeared first on Offshore Energy .
Canada Post announced on Friday that it plans to introduce weekend parcel delivery in three major cities later this year, part of a plan to modernize its business model and capture more parcel business from electronic retailers as it tries to return to profitability. The postal carrier credited this year’s resolution of a drawnout labor dispute with restoring customer confidence in the second quarter, which sparked an early-stage recovery of parcel business and helped reduce the pre-tax loss by a third to US$199.7 million. The state-owned company also said it reduced costs by 6.3% during the q
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 ...
The U.S. Maritime Administration is preparing to activate SUNY Maritime College’s training ship Empire State VII for a federal mission expected to last approximately 170 days, potentially taking the vessel away from...
French energy major TotalEnergies has transferred its stake in Novatek’s Arctic LNG 2 project to NordLine. The company confirmed it has completed the transfer of its 10% interest in the project to Novatek’s subsidiary, NordLine. After this transfer, TotalEnergies has no remaining stake in the Arctic LNG 2 project. Originally, Novatek owned a 60% stake,
The intra-Asia container freight market strengthened for a third consecutive week as unrest in the Middle East and typhoon-related disruption across China tightened capacity and pushed rates higher on most major trades. Drewry’s Intra-Asia Container Index (IACI), a benchmark widely monitored by procurement teams, rose 6% week on week on 20 August, to $1,091 per 40ft, and the consultant expects prices to continue increasing in the coming weeks, supported by persistent ... The post War and weather continue to limit intra-Asia capacity and keep rates high appeared first on The Loadstar .
Conventional fuel prices have risen at both Rotterdam and Singapore over the past week while B100 and Rotterdam’s B30 blends have fallen, handing the fuels that are favoured by EU regulations back much of the ground they lost last week. Four spreads have flipped outright, two at each port. B100’s premium over VLSFO in Rotterdam ...
“Climate change is a reality that we are experiencing with ever-increasing intensity. The growing frequency of extreme weather events makes the substantial reduction of greenhouse gas emissions an urgent matter of both individual and collective responsibility. The goal of decarbonisation is clear and shared. As an industry, we recognise the role we have to play ...
Spot rates in the US trucking sector rose sharply in the second quarter and are on course to climb further , with the looming peak season auguring more upward pressure, according to RXO. The transportation provider is advising shippers to secure capacity, which continues to shrink. The Curve, RXO’s proprietary truckload spot rate index, climbed to its highest level in more than four years, propelled by a 32.4% surge in pricing over ... The post ‘Secure capacity’ says RXO as it warns of further haulage rate rises appeared first on The Loadstar .
Quick recap: the freight-rate spike that produced two very different report cards at Maersk and Hapag-Lloyd is increasingly a story about who controls terminal and inland capacity, not who owns the most vessels – and nobody is making that case more directly right now than AD Ports. ZIM’s next move, meanwhile, has less to do with freight rates than with a decision sitting with Israeli regulators. My previous analysis already worked ... The post AD Ports the clear read-through as bottlenecks shift from ship to dock appeared first on The Loadstar .
Shanghai-listed Ningbo Marine is lining up another five bulk carrier newbuildings in China, expanding a fleet renewal programme that could see the owner add close to 600,000 dwt of fresh tonnage. The Zhejiang Energy-backed company has approved up to CNY980m ($136m) for four 65,000 dwt bulkers, while wholly owned Ningbo Marine Singapore has been cleared …
Gatik announced Tuesday it raised $200 million in a Series D round led by Qatar Investment Authority and Koch Disruptive Technologies. Millennium Management, ARK Invest and Intact Private Capital also joined the round. The money will support expansion of Gatik’s driverless freight operations from the dozens of trucks today to thousands in the years ahead. Gatik has completed 85,000 fully driverless orders. The company reports more than $600 million in contracted revenue and 99% on-time delivery across operations in Texas, Arizona, Arkansas and Canada. “This round, led by some of the world’s le
Iran pledged to fight back against expanded U.S. sanctions aimed at isolating its economy, expressing confidence that major trading partners would resist the pressure campaign and saying that Washington was keen to revive talks.
#fwtv_NoU9XSVdzhk .fwtv-panel{border:1px solid #d0d0d0;padding:18px;border-radius:6px;line-height:1.6}#fwtv_NoU9XSVdzhk .fwtv-panel p{margin:0 0 12px}#fwtv_NoU9XSVdzhk .fwtv-note{font-style:italic;color:#666;margin-top:16px;padding-top:12px;border-top:1px solid #e0e0e0} The freight market is stabilizing, with tender rejections at 13.57%. But don’t let this “healthy” period fool you; volatility is on the horizon. Learn what FreightWaves’ experts say about current market conditions, upcoming Q4 surges, and how this impacts shippers and carriers. Get ready for a dynamic end to the year. Truckload
#fwtv_9hb163Wep7A .fwtv-panel{border:1px solid #d0d0d0;padding:18px;border-radius:6px;line-height:1.6}#fwtv_9hb163Wep7A .fwtv-panel p{margin:0 0 12px}#fwtv_9hb163Wep7A .fwtv-note{font-style:italic;color:#666;margin-top:16px;padding-top:12px;border-top:1px solid #e0e0e0} Tabi’s Rush Feldhacker breaks down who currently holds the pricing power in the unpredictable freight market using their new Pricing Pressure Index. Learn how brokers are leveraging data to make smarter spot rate decisions, and why shippers are feeling the market shift later than expected. Discover the latest trends and what to
#fwtv_q6TlMLWRgaI .fwtv-panel{border:1px solid #d0d0d0;padding:18px;border-radius:6px;line-height:1.6}#fwtv_q6TlMLWRgaI .fwtv-panel p{margin:0 0 12px}#fwtv_q6TlMLWRgaI .fwtv-note{font-style:italic;color:#666;margin-top:16px;padding-top:12px;border-top:1px solid #e0e0e0} The trucking industry is losing a critical source of credit insight as BMO sells its transportation finance unit. FreightWaves’ John Kingston, who pioneered tracking BMO’s unique data, reveals how trucking credit quality is finally strengthening just as this transparent data source disappears. He also dives into rising diesel p
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
Seven crude carriers were moored at Iraq’s Persian Gulf export facilities on August 24—a sharp increase from recent weeks. The carriers had a combined carrying capacity of roughly 13 million barrels, according to satellite imagery analyzed by Bloomberg. TankerTrackers.com separately said it counted and identified 13 million barrels loading Monday at Iraq’s Al Basrah Oil Terminal. That is a dramatic departure from the past several weeks, when satellite passes typically showed just one or two tankers at Iraq’s offshore export…
Why it matters: Inconsistent interpretations of cabotage rules could remove experienced drivers from cross-border operations, tighten available capacity and create additional uncertainty for manufacturers, carriers and shippers that depend on predictable U.S.-Mexico freight flows. Mexican trucking industry leaders are calling on U.S. border officials to establish clearer and more consistent rules governing B-1 visa revocations amid concerns that drivers are losing their ability to operate cross-border routes over alleged cabotage violations. Ismael Reyes de la Rosa, the National Chamber of Fre
China's Iranian Oil Imports Plummet 48% as US Sanctions and Blockades Bite - News and Statistics IndexBox
Looking over the statistics released by the Commercial Vehicle Safety Association (CVSA) on May’s International Roadcheck Week , the data looks pretty much like that of Roadcheck Week 2025. With one big exception: English language proficiency (ELP). That category of driver violation last year was not in the top 5 of reasons why a driver was given an Out of Service (OOS) order (as opposed to an OOS order for a vehicle violation). window.googletag = window.googletag || {cmd: []}; googletag.cmd.push(function() { googletag.defineSlot('/21776187881/FW-Responsive-Main_Content-Slot1', [[300, 100], [3
Red Sea Gateway Terminal (RSGT), Saudi Arabia’s leading terminal operator, and CMA CGM Group, a global player in sea, land, air and logistics solutions, yesterday signed definitive agreements to jointly develop and operate Terminal 4 at Jeddah Islamic Port, in collaboration with Saudi Ports Authority (Mawani), marking one of the largest foreign direct investments in ...
The United States is moving to make nuclear propulsion part of its commercial maritime revival. The U.S. Department of Transportation’s Maritime Administration (MARAD) and CORE POWER (US) Inc. (CORE POWER) today announced a first-of-a-kind federal-private cooperation framework to accelerate the commercial, industrial and regulatory pathway for a future fleet of U.S.-flagged nuclear-powered merchant ships. CORE ...
Kongsberg Maritime has secured a contract to deliver a fully integrated suite of technology and equipment for a new multi-purpose deepwater installation and construction vessel that will be owned and operated by Solstad Offshore and SBM Offshore. The vessel, which will be built in China, represents a new generation of offshore construction assets designed to ...
At the beginning of the year, the Hamburg-based shipowner Ernst Russ AG set strategic benchmarks for its transformation in 2026: the consistent diversification and modernization of the fleet, an extension of the charter backlog, and the increase of the visibility of the Ernst Russ share on the capital markets. Six months later, progress in all ...
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 ...
ClassNK has launched ‘Survey Compass,’ an AI assistant that supports shipowners and ship management companies in their survey-related operations. Survey Compass is an AI assistant that responds in natural language to questions on classification survey matters faced by shipowners and ship management companies. Users can quickly confirm the information they need together with its supporting ...
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 ...
IMO Secretary-General Mr. Arsenio Dominguez issued the following statement following reports of the SEAMULL being hijacked on 20 August 2026: “Shipping challenges are on the rise with the recent increase of piracy incidents in the Gulf of Aden. With the most recent highjack, a sixth vessel is being held by pirates and armed robbers in ...
An in-depth evaluation study based on reference data from a Suezmax crude oil tanker has demonstrated the benefits of using Thordon Bearings’ innovative T-BOSS® shaftline solution instead of a conventional oil lubricated sterntube system. The comprehensive study assessed the CAPEX for a sterntubeless T-BOSS® (Thordon – Blue Ocean Stern Space) system installed on a 274m ...
Singapore and Malaysia Singapore’s VLSFO availability remains tight, with lead times varying significantly among suppliers. Some recommend around seven days, while others advise much longer lead times of up to 19 days. This compares with last week’s lead times of 7-13 days. A source attributed the tightening availability to reduced supply among suppliers and shortages ...
The Global Ethanol Association (GEA) and DNV are pleased to announce the launch of a three-year Ethanol Data Intelligence Partnership, marking an important expansion of their activities in ethanol research and data intelligence. The collaboration will support the development of a structured global ethanol database together with ongoing research, data maintenance and regular updates throughout ...
Months after taking effect, the Jones Act waiver continues to bol ster the US coastal trade. The exemption has now been extended for   Source: Intermodal
The Constraint Isn’t Data, It’s Fusion MOCs receive multi-sensor data at volumes the operational teams inside them cannot fully process, cross-reference, or turn into decision-relevant intelligence at the pace commanders require. The constraint on decision advantage is not the size of the incoming data pipeline. It is the fusion layer that turns that pipeline into ...
The Iranian crude that reached Asia is being taken. The crude that has not reached it is standing at the strait and behind it, and there is nearly twice as much of that. AXSMarine · Data to 15 August 2026 · All volumes million barrels Iranian crude sitting in Asian waters peaked at 44.4 million ...
Key takeaways • The renewed US blockade is making the status quo progressively more expensive for Tehran. Pressure now extends from crude and petrochemical export revenues to production shut-ins, imports, aviation, gasoline balances, and ultimately government subsidies. Politically, the status quo also increasingly becomes hard to manage. • Tehran is confronted with a trilemma: endure, ...
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 ...
Rerouted refined product cargoes are absorbing tonnage faster than the orderbook can replace it.
Terminal operators are budgeting for blending and testing infrastructure alongside berth upgrades.
Trade Flow Insight Daily
A concise briefing on commodity trading, energy, fuel oil, shipping and logistics. Free, no spam, unsubscribe any time.
