News: 2026-10-23 (23 October 2026)

Ocean Network Express (ONE) will reinstate its Thailand–India–Pakistan (TIP) service this month, reversing its integration into the Japan–Thailand–Vietnam–Indian Subcontinent (JTI) service in April. According to...

Container News · 22:30 UTC

The Trump administration on Friday unveiled its America First Seafood Strategy, outlining plans to strengthen the U.S. commercial fishing industry through regulatory reform, investment in fishing vessels and shoreside...

gCaptain · 21:41 UTC

Global leaders from across the maritime value chain met in Shanghai this week for the Global Maritime Forum Annual Summit 2026, where much of the discussion centred around the future of shipping’s energy transition....

Hellenic Shipping News · 21:00 UTC

China’s iron ore imports have been on the rise so far in 2026, providing the dry bulk market with the respective tailwinds. In its latest weekly report, shipbroker Banchero Costa said that “2025 was another positive...

Hellenic Shipping News · 21:00 UTC

Commodity traders are operating in an increasingly fragmented sanctions environment where geopolitical developments can determine not only whether a transaction is lawful, but whether it can be financed, insured and...

Hellenic Shipping News · 21:00 UTC

Alongside our weekly Dry and Tanker Market Monitors, this Market Insight presents our Commodity Freight Watch, examining developments that could influence seaborne trade and freight in the coming weeks. While the...

Hellenic Shipping News · 21:00 UTC

Methanol bunkering has spread across Europe, Asia and parts of North America, with more ports, physical suppliers and bunker vessels coming into the picture. Several methanol bunker locations have been established in...

Hellenic Shipping News · 21:00 UTC

Eighty two per cent of maritime professionals surveyed say current training does not adequately prepare crews for the realities of modern, digitally-enabled vessel operations. Just 18% believe training keeps pace,...

Hellenic Shipping News · 21:00 UTC

Changes between the second quarter and the third quarter of 2026: • HSFO sales up by 50,000 mt to 755,000 mt • VLSFO sales up by 73,000 mt to 427,000 mt • MGO sales up by 18,000 mt to 349,000 mt • ULSFO sales up by...

Hellenic Shipping News · 21:00 UTC

VLCCs this week have experienced sharp downward correction off the back of sustained limited activity, although a busier finish ex-Fujairah   Source: Affinity Research LLP

Hellenic Shipping News · 21:00 UTC

The Indian ship recycling market continues to remain stable, supported by healthy local steel consumption and steady demand for recycled   Source: Best Oasis Limited

Hellenic Shipping News · 21:00 UTC

Antwerp-Bruges sold 2.16 million mt of bunker fuel in the third quarter, up 5% from 2.05 million mt in the second, port authority data shows. That was the port’s highest quarterly volume since the first quarter of last...

Hellenic Shipping News · 21:00 UTC

The Trump administration has been busy easing sanctions over the past couple of weeks. On 9 October, OFAC issued General License 135.   Source: GIBSON SHIPBROKERS LTD

Hellenic Shipping News · 21:00 UTC

The US waiver on Russian crude has reduced uncertainty for Indian and Chinese refiners, giving them greater confidence to continue purchasing economically attractive Russian grades while keeping alternative supply...

Hellenic Shipping News · 21:00 UTC

ClassNK has released a new handbook entitled ‘Onboard Carbon Capture Systems Implementation Framework’ as part of its Handbook on Ship GHG Emissions Evaluation series. The handbook provides practical guidance for...

Hellenic Shipping News · 21:00 UTC

The New ConTex showed the largest week on week increase in almost 18 months. The jump was driven by a particularly strong 12 months fixture   Source: Verband Hamburger und Bremer Schiffsmakler e.V

Hellenic Shipping News · 21:00 UTC

As of October 23, the latest SMM data shows that total iron ore inventory across 35 main ports in China stood at 147.75 million mt, down 750,000 mt MoM. Overall inventory showed a slight downtrend, while daily average...

Hellenic Shipping News · 21:00 UTC

HD Hyundai is accelerating its push into the North American market by joining hands with Kiewit, the largest construction and engineering company in the United States, to directly build a shipyard in the country. HD...

Hellenic Shipping News · 21:00 UTC

This release is a summary of Konecranes Plc’s interim report, January-September 2026. The complete report is attached to this release in pdf format and is also available on Konecranes’ website at www.konecranes.com. The...

Hellenic Shipping News · 21:00 UTC

The Maritime Administration (MARAD) recently embraced VCM when procuring a new generation of training ships for five of the six state maritime academies. To date, MARAD contractor TOTE Services has delivered four of the...

gCaptain · 20:22 UTC

Drewry’s World Container Index rose on higher rates on trans-Pacific and Asia-Europe routes. The post New Drewry data shows import demand boosting trans-Pacific rates appeared first on FreightWaves .

FreightWaves · 18:55 UTC

The Trump administration is proposing to extend its suspension of port fees targeting China-linked vessels for another two months, pushing their potential return into January 2027 as Washington and Beijing...

gCaptain · 18:35 UTC

Less-than-truckload carrier Roadrunner announced a new outbound Canada-to-U.S. service on Friday, alongside a 5.9% general rate increase taking effect on Nov. 2. The post Roadrunner announces Canada-outbound service...

FreightWaves · 18:31 UTC

US crude oil exports to Asia are set to hit multi-year lows after the Iran war disrupted global shipping and pushed the cost to lease a tanker for the Pacific journey to a record of almost $80 million.

gCaptain · 18:22 UTC

Rail equipment supplier Wabtec raised its outlook on higher third-quarter revenue and earnings. The post Wabtec earnings rise on higher freight and transit sales appeared first on FreightWaves .

FreightWaves · 18:06 UTC

In a lukewarm freight market, not all carriers are feeling the same heat. Craig Fuller and Paul Tonsager dive deep into why Knight-Swift’s ‘ruthless’ approach might be outperforming JB Hunt’s...

FreightWaves · 17:44 UTC

Discover how new Sonar indices are revolutionizing freight cost transparency. Shippers can now accurately track the real premiums paid for rejected loads and understand escalating contract rates. This essential data...

FreightWaves · 17:37 UTC

A tanker carrying Russian diesel is expected to arrive in Norfolk, Virginia, on November 2, potentially becoming the first such shipment to reach the United States in more than three...

gCaptain · 17:08 UTC

South Korea’s push to help rebuild the American shipbuilding industry is moving beyond investments in existing shipyards and toward the development of entirely new production capacity. The latest example comes...

gCaptain · 16:52 UTC

The first Russian diesel bound for the US following a surprise agreement reached between Moscow and US President Donald Trump is aboard a tanker heading for New York, ship-tracking data showed on Friday.

gCaptain · 16:34 UTC

Shares of refrigerated carrier Marten Transport dropped 7% in midday trading on Friday after a disappointing third-quarter report, which noted that rising fuel and health insurance costs dragged down performance despite...

FreightWaves · 16:28 UTC

Five shippers are investing more than $1.6 billion in new or expanded U.S. facilities, adding production capacity for commercial trailers, school buses, cooling systems and bottled beverages. The post 5 US manufacturing...

FreightWaves · 16:03 UTC

The Airbus 20-year outlook for freighter demand is little changed from last year, showing a global fleet nearly 50% larger than today. The post Airbus sees 46% freighter increase by 2045 amid stable air cargo growth...

FreightWaves · 14:54 UTC

The first shipment of Russian diesel fuel heads for the U.S. as Trump looks for boost ahead of midterm elections. The post Russian diesel tanker heads for U.S. following Trump-Putin deal appeared first on FreightWaves .

FreightWaves · 14:37 UTC

Four and a half years after a grassroots union was voted in by workers at an Amazon warehouse in Staten Island, New York, the battles in court over Amazon’s pushback against the vote continues. At issue in the...

FreightWaves · 14:28 UTC

Oregon port wins $205 million in federal funding to upgrade its rail line and boost a proposed container terminal project. The post A new PNW container port? $205M for Oregon rail project appeared first on FreightWaves .

FreightWaves · 13:37 UTC

Container spot freight rates on all three of the largest east-west trades – Asia-Europe, transpacific, and transatlantic – were on the rise this week. After three months of post-peak season declines, the Asia-Europe...

The Loadstar · 13:02 UTC

Dropping behind Shanghai and Ningbo-Zhoushan in the global container port rankings, and seeing Malaysia’s Port Klang and Port of Tanjung Pelepas nip at its heels should serve as a wake-up call for Singapore, in a...

The Loadstar · 11:49 UTC

The container shipping orderbook has swelled to 46.5% of the active fleet, a post-2009 peak, as carriers race to secure ultra-large tonnage. With the orderbook at 16.2m teu, newbuilding activity shows no sign of slowing...

The Loadstar · 11:32 UTC

Two sets of numbers have landed in the same week. On 19 October, data from Norway’s Centre for High North Logistics (CHNL) showed 104 ships had crossed Russia’s Northern Sea Route (NSR) by 30 September,...

The Loadstar · 11:24 UTC

A little-known South Korean shipowner dominated oil transits through the Strait of Hormuz in September, data from intelligence firms suggest, with the group’s vessels moving more barrels than the next three owners...

gCaptain · 11:14 UTC

AI adoption across 13 supply chain functions averages 1.94 on a five-point scale. ASCM CEO Abe Eshkenazi says companies are buying the tool before fixing the process. The post Workforce gaps keep supply chain AI stuck...

FreightWaves · 11:00 UTC

Kuehne + Nagel attributed most of its third-quarter airfreight growth to market share gains, and expects to keep winning business into 2027 as a strong peak season gets under way. Airfreight volumes rose 10% year on...

The Loadstar · 10:59 UTC

Containership charter rates have climbed to their highest level in four years, despite falling fixtures, and a record orderbook pointing to a major influx of capacity in 2028. Braemar’s charter index is at 325.8, up 21%...

The Loadstar · 10:42 UTC

In a nutshell: With service restored in its European road network, DSV’s recovery is turning from an operations job into a sales job. The argument among the banks is less about whether profits rise than about how fast,...

The Loadstar · 10:34 UTC

CNBC reports: From AI companies financing data center projects to France’s heavily indebted government, credit markets are flashing warnings as investors grow warier of borrowing risks. Five-year credit default swap...

The Loadstar · 10:12 UTC

Freight, not relative diesel prices, has closed the US arbitrage into Europe. Rates for prompt US Gulf Coast cargoes have climbed from around 250 to over 400 worldscale, closing the arbs, before settling lower in recent...

Hellenic Shipping News · 10:00 UTC

Electronic bill of lading (eBL) adoption has reached 51.1%, according to the FIT Alliance’s 2026 global survey, up from 49.2% in 2024 and 33% in 2022. BIMCO is a founding member of the alliance. The findings indicate...

Hellenic Shipping News · 10:00 UTC

The Zero Emission Maritime Buyers Alliance (ZEMBA) has delivered 82,000 mtCO2-equivalent (mtCO2e) in emissions reductions in 2025 and 2026 under its first low-emission shipping tender with Hapag-Lloyd, which concluded...

Hellenic Shipping News · 10:00 UTC

Around 6,000 seafarers remain trapped near the Strait of Hormuz, as attacks on commercial vessels intensify and concerns grow over the safety of crews caught in the continuing conflict between the US and Iran, according...

Hellenic Shipping News · 10:00 UTC

All countries should enjoy freedom of navigation in the Red Sea and through the Bab al-Mandab Strait, China and Djibouti said in a joint statement following a meeting of their foreign ministers in Beijing, expressing...

Hellenic Shipping News · 10:00 UTC

Platts, part of S&P Global Energy, proposes to revise bunker fuel consumption effective Jan. 4, 2027, for key dry bulk and tanker assessments that involve Emission Control Areas (ECA) and ECA distances. Currently,...

Hellenic Shipping News · 10:00 UTC

Expanded scope of the 2026 Rules India notified the Merchant Shipping (Regulation of Entry of Ships into Coastal Waters) Rules, 2026 on 16 September 2026. The Rules supersede the Merchant Shipping (Regulation of Entry...

Hellenic Shipping News · 10:00 UTC

The world’s largest ammonia-powered vessel, measuring 230 meters in length and 36.5 meters in width, has made its debut in Ulsan. HD Hyundai Heavy Industries held a naming ceremony for the 93,000-cubic-meter very large...

Hellenic Shipping News · 10:00 UTC

The Maritime and Port Authority of Singapore (MPA) and Eastern Pacific Shipping (EPS) marked the christening of Terra Clove at HD Hyundai Heavy Industries (HHI) in Ulsan, South Korea. The 93,000-cubic-metre Very Large...

Hellenic Shipping News · 10:00 UTC

The new research and development centre at Hamburg Blue Hub combines the testing of modular CO₂ capture technologies with preparations for international applications. One focus is the collaboration with the Canadian...

Hellenic Shipping News · 10:00 UTC

Russia was set to dispatch its first diesel tanker to the US on Oct. 22 after the Trump administration issued sweeping sanctions waivers aimed at reopening trade flows, according to Deputy Prime Minister Alexander...

Hellenic Shipping News · 10:00 UTC

Saudi Arabia increased its crude oil exports by approximately 7.9% in August compared to July, reaching 4.451 million barrels per day, according to data from the Joint Organizations Data Initiative. The August figure...

Hellenic Shipping News · 10:00 UTC

Soybean futures rose toward $12.6 per bushel, rebounding from a two-month low reached on October 21, as strong export demand led by China helped end an eight-session losing streak. The USDA reported 2.84 million metric...

Hellenic Shipping News · 10:00 UTC

Energy – European gas storage draws start Oil prices surged yesterday, with front-month ICE Brent settling 4% higher at just above $113/bbl. The rally is being driven less by current fundamentals than by mounting supply...

Hellenic Shipping News · 10:00 UTC