The Swedish industrial Group Stena AB, owner of ferry operator Stena Line, has entered into an agreement to acquire the Norwegian shipping company Color Line, subject to regulatory approval. The transaction will bring together two companies with complementary operations in European passenger and freight transport, creating added value and benefits for both companies’ customers.Following completion…
Shipping through Romania's Black Sea port of Constanta was stable and grain exports had increased by end-September, the port authority said, despite a spike in marine insurance premiums driven by increased attacks on cargo vessels.In September…
The cost of shipping oil on the largest tankers fell this week from record highs as demand eased following a wave of attacks on vessels in the Middle East and as the US considered easing sanctions on the so-called shadow fleet.Freight rates for supertankers…
The jump to record highs in the cost of shipping oil in supertankers is squeezing profit margins for Asian oil refiners, who are heavily dependent on Middle Eastern crude, the International Energy Agency said in a monthly report.Asian oil refiners…
JPMorganChase has added two senior leaders to support shipbuilding and maritime efforts within its Security and Resiliency Initiative (SRI), the firm's $1.5 trillion, 10-year effort focused on strengthening industries critical to economic and national security…
After investigating reports of restrictive port practices by the Government of Spain, the Federal Maritime Commission (FMC) has determined that Spain has created unfavorable shipping conditions against U.S.-flagged vessels. As a result, the…
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, extended declines and fell to a more than seven-week low on Monday due to lower demand for capesize vessels.The main Baltic index, which tracks rates for capesize…
Windward publishes quarterly intelligence reports tracking developments across global shipping.From the Q3 report:Four navies struck merchant ships, including Iran, Russia, Ukraine, and the United States.Iranian attacks in the Middle East Gulf doubled to 45…
Transit routes in the Strait of Hormuz deemed illegal by Iran will soon be closed, an adviser to the Revolutionary Guards' Commander told the semi-official Fars News Agency on Wednesday, referring to the southern pathway hugging Oman's coast…
Hapag-Lloyd on Tuesday urged Israeli authorities to review improved terms in the company's $4.2 billion bid for ZIM Integrated Shipping Services.Israel's finance ministry had said on Monday that the deal should not be approved, but the German…
The Panama Canal Authority said on Monday it will increase daily booking slots at its Neopanamax locks from 9 to 10 starting October 15, supported by 'improving water conditions and favorable hydrological projections', raising total daily capacity to 33 transit slots across all locks…
Most Gulf equity markets closed lower on Thursday as little progress in US-Iran diplomacy and persistent risks to Strait of Hormuz shipping unsettled investors.Concerns mounted after Mohsen Rezaei, secretary of Iran's Supreme National Security Council…
Baltic Exchange announced that both SGX and European Energy Exchange (EEX) are now offering new Baltic Handysize futures contracts, providing market participants with dedicated tools to manage their exposure to the Atlantic and Pacific Handysize basin…
Trade activity across the Houston Ship Channel region showed strength across several key sectors, with energy exports driving regional tonnage growth and Port Houston seeing gains in steel and container imports.Crude oil exports through the Houston Ship Channel are up 40% this year…
Key findingsInternational media continue to report on container port congestion in Shanghai and Ningbo. Comparing schedule data received from 4 to 15 September 2026, HiFleet found that Shanghai calls were a key focus of service revisions by several liner operators…
