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Latest maritime news.
Project CAPTURED advances regulatory pathways for onboard captured CO2
Latest Maritime News
Keeping you in the know.
Project CAPTURED advances regulatory pathways for onboard captured CO2
22 Jul, 2026
Project CAPTURED has achieved two regulatory milestones that strengthen the commercial case for onboard carbon capture and storage (OCCS), following its world’s first demonstration of an end-to-end value chain for onboard captured and liquefied CO2 (LCO2). Completed in June 2025, the pilot showed that CO2 captured onboard a vessel can be offloaded ship-to-ship, transported overland ...
CharterDesk completes first cargo charter missions
22 Jul, 2026
CharterDesk has completed its first two cargo charter operations since officially launching at the end of last month. The full-service charter agent responded swiftly to urgent logistics challenges faced by automotive and perishable cargo customers. “Cargo charters are usually booked during emergency situations, such as the risk of a factory shutdown or, as could become ...
Weekly Dry Market Monitor: Port Hedland Average Waiting Time – Iron-Ore Congestion Meets Labour Action
22 Jul, 2026
Waiting time reached multi-month highs. The average vessel waiting time at Port Hedland rose to approximately 8.7 days in the week to 17 July, up from about 8.4 days a week earlier. The 30-day moving average stood at 8.66 days, close to the highest level recorded over the past 18 months, highlighting persistently elevated congestion ...
Baltic Dry Index Rises to 1-Week High
22 Jul, 2026
The Baltic dry index rose 1.7% to 2,715 on Wednesday, recording its first gain since July 14. The capesize index, which typically transports 150,000-ton cargoes, including iron ore and coal, advanced 4.7% to 4,114, its highest level since July 16. On the other hand, the panamax index, which usually carries 60,000 to 70,000 tons of ...
EmissionLink warns cheap FuelEU compliance could weaken fuel transition
22 Jul, 2026
EmissionLink has warned that falling FuelEU Maritime surplus prices could make compliance cheaper for shipowners, but weaken the regulation’s ability to drive real uptake of lower-carbon fuels. As the first FuelEU reporting year closed at the end of June, the company said the regulation had succeeded in creating an active compliance market, with shipowners moving ...
ENGINE: Europe and Africa Fuel Availability Outlook
22 Jul, 2026
Northwest Europe Bunker fuel availability is tight in the ARA for prompt supplies, with buyers advised to book stems around 5-7 days in advance to get delivery of any fuel grade, a trader said. The ARA’s independently held fuel oil stocks have increased 6% higher on average so far in July, compared to June’s monthly ...
Renewed Strait of Hormuz tensions expose a hidden payments challenge for global shipping, says Ebury
22 Jul, 2026
Renewed tensions in and around the Strait of Hormuz are forcing shipping companies to rethink more than just their vessel routes. According to Ebury, a maritime payments and trade specialist, every change in a shipping corridor can also reshape the payment corridor. This requires businesses to quickly adapt how they pay port agents, bunker suppliers ...
INTERTANKO: Advice for Members regarding situation in Gulf Region
22 Jul, 2026
The Arabian Gulf has seen a further cycle of violence with attacks on ships and shore installations. Two tankers were struck while transiting the Strait of Hormuz, resulting in multiple casualties and one seafarer killed. Another chemical tanker was struck by an anti-ship cruise missile while sailing in the Gulf of Oman; this latter incident ...
HMM Q2 profit seen jumping 80% on higher container freight rates: report
22 Jul, 2026
HMM is expected to report a sharp improvement in second-quarter earnings as stronger container freight rates offset higher fuel costs, Shinhan Investment & Securities said Wednesday. The brokerage estimated HMM’s second-quarter revenue at 3.28 trillion won ($2.21 billion), up 25 percent from a year earlier, and operating profit at 420.6 billion won, up 80.4 percent. ...
MOL Develop and Introduce the ‘Skater’ to Streamline Cargo Handling on Car Carriers- Moves Stalled or Disabled Vehicles in Just 5 Minutes
22 Jul, 2026
Mitsui O.S.K. Lines, Ltd. announced that the company, in collaboration with Yamato Chain Mfg. Co., Ltd. and MOL Techno-Trade Co., Ltd., has developed the “Skater,” a device designed to move vehicles that are temporarily unable to move under their own power while on board car carriers, and has begun deploying it throughout the MOL-operated fleet. ...
Listening to the voices behind global shipping
22 Jul, 2026
LR, OneOcean and the Lloyd’s Register Foundation played a central role in supporting the inaugural Seafarer Social Summit in Manila, which brought together more than 800 Filipino seafarers to celebrate the country’s maritime heritage and discuss the realities of life at sea. The Summit was created to give Filipino seafarers a platform to share their ...
Strait of Hormuz: The unrelenting crisis in the Persian Gulf continues
22 Jul, 2026
The front-month ICE Brent contract continues to trade near the $90/bbl mark as ongoing tensions in the Middle East show no signs of de-escalation. Merchant vessels continue to come under attack while attempting to pass through the Strait of Hormuz, the United Kingdom Maritime Trade Operations (UKMTO) reported. A commercial tanker was struck by an ...
Fairfield Maritime Japan and Neste Sign Long-Term Charter Contract for Two Ice Class 1A MR Tankers
22 Jul, 2026
Fairfield Maritime Japan Ltd. (FMJ) has signed a long-term charter contract with Neste. The agreement enables FMJ to fund and manage the construction of two Ice Class 1A medium range (MR) oil and chemical tankers for Neste’s transports to and from its refinery in Porvoo, Finland. Neste is the world’s leading producer of renewable diesel ...
