ocean shipping News Updates

Demand for LNG carriers is expected to be strong over the next decade, driven by a surge in investment for new export terminals in the U.S. and other regions.

CMA CGM reported higher second-quarter sales and profit as a rise in freight volumes offset new shipping capacity coming into the market and higher costs related to the war in the Middle Eas.

Container shipping analyst Lars Jensen on July 1 sets out for an 18-month trip to scope out opportunities and risks to better connect Africa’s economies to the global trading system.

Shipowners are increasingly optimistic about a pickup in traffic through the Strait of Hormuz after more vessels left the waterway this week.

The DOJ said it filed criminal charges against four large makers of shipping containers for allegedly colluding to raise prices during the pandemic.

“Ultimately, it’s still going to come back to the primary issues of risk and safety," that shippers have to evaluate.

FourKites announced on May 5 an ocean freight booking platform designed to autonomously select carriers, execute bookings and manage documentation.

A series of cargoes of military-grade fuel that is due to sail from the U.S. across the Pacific illustrates how far the Iran war has disrupted the oil supply chain.

Gianluigi Aponte, 85, made the transfer of the closely held company to son Diego and daughter Alexa in the last quarter of 2025, according to a statement.

Shipowners are placing “huge volume requests” for insurance cover as they look to transit the Strait of Hormuz following the U.S.-Iran ceasefire deal.