News
Hormuz Reopening: What It Means for Global Shipping
9+ hour, 54+ min ago (573+ words) Shipping Container Rates Surge as Tanker Rates Fall Amid Middle" Hormuz Flows are Rising, but don't Call it normal yet: What the US-Iran Mo U really means for Global Shipping The signing of the US-Iran Memorandum of Understanding and broad…...
Biofuel Bunker Snapshot: B30 prices sharply up on the week
2+ hour, 57+ min ago (304+ words) ZRE A ticket prices drop slightly Canada's CSL reports increase in biofuel use Rotterdam's ZRE A-rebated B30-VLSFO (POMEME) price has increased by $27/mt in the past week. The Dutch port's conventional VLSFO price has remained mostly steady. Meanwhile, Prima Markets…...
LNG leads shrinking alternative fuel vessel orderbook in June - DNV
7+ hour, 42+ min ago (306+ words) Alternative fuel vessel contracting slowed sharply in June, with 15 new orders placed compared with 36 in May. LNG remained the dominant fuel choice, accounting for 10 of the newbuild orders, according to DNV Senior Consultant Kristian Hammer. IMAGE: Linked In of DNV…...
Qatar Energy LNG Fleet Resumes Hormuz Transit Operations
4+ hour, 30+ min ago (328+ words) A Q-Flex LNG carrier operated by Qatar Energy has passed through the Strait of Hormuz on a ballast voyage into the Middle East Gulf, signaling the end of what appeared to be a week-long avoidance of the strategic waterway by…...
Key container lines have pulled most ships from Middle East Gulf
8+ hour, 27+ min ago (106+ words) Kuehne+Nagel Key container lines have pulled most ships from Middle East Gulf Global container lines have withdrawn most of their vessels from the Middle East Gulf following the partial reopening of the Strait of Hormuz in June MAJOR container…...
TEN Ltd announces second LNG carrier order with Hyundai Heavy Industries
9+ hour, 21+ min ago (202+ words) Save to read list Published by Jessica Casey, Editor LNG Industry, Friday, 03 July 2026 09: 30 Tsakos Energy Navigation Ltd (TEN), a leading diversified tanker and LNG operator, has announced the order of a second LNG carrier at Hyundai Heavy Industries in South…...
LNG-capable fleet could nearly double over next five years - Shell
5+ hour, 32+ min ago (107+ words) IMAGE: Shell's LNG carrier, the Zoe Knutsen. Shell's Linked In More than 850 LNG-capable vessels are already in operation globally, and the fleet could nearly double over the next five years if current orderbook deliveries proceed as planned, according to Shell....
CMA CGM names its new ship "CMA CGM Notre Dame" at the port of Le Havre " Puente de Mando
9+ hour, 53+ min ago (193+ words) CMA CGM named its new container ship "CMA CGM Notre Dame" (IMO 1028035) yesterday, Thursday, July 2, the largest of its kind flagged in France. The ceremony took place at the French port of Le Havre, where the ship arrived on June…...
Cargo chaos in the Gulf as congestion at Jeddah hobbles land bridge
4+ hour, 58+ min ago (482+ words) MATX: SMASHING RECORDSDHL: NEW HIGHSPLD: PAY UPCHRW: WAITING FOR THE NEXT EARNINGS BEATMAERSK: DEAL TIME FOR THE OWNERSDHL: ASSET POWERCAT: TIME TO SELLMAERSK: UPGRADEMAERSK: ANOTHER UPGRADE HITS THE WIRES MAERSK: FLATTISH Hapag-Lloyd has suspended bookings into Jeddah, amid surging congestion…...
Greek owner Pioneer Marine steps up fleet expansion with third acquisition in 2026
6+ hour, 51+ min ago (253+ words) Greek dry bulk specialist Pioneer Marine has been steadily expanding its fleet this year through secondhand acquisitions focused on the Handysize segment The latest addition is 2016-built, 39, 970-dwt Poyang, which has recently been renamed Paradise Bay. A company spokesperson confirmed…...