Brent Tops $95 as Trump Warns Iran Over Ships
Brent crude broke $95 as US-Iran tensions spike, and oil prices at a six-week high are already showing up in bunker and war-risk bills.
CSIRO Trains 20 Marine Scientists Perth to Hobart
Twenty students spent a Perth–Hobart voyage learning the survey work that keeps shipping lanes charted, and marine science careers staffed.
Coast Guard Cuts Mariner Credential Wait Times to Four Months
Merchant mariner credential wait times have dropped to four months as the Coast Guard's NMC clears its pandemic-era application backlog.
War Risk Premiums Surge as Hormuz Transits Fall
War risk insurance is now repriced voyage by voyage as Red Sea and Hormuz tensions break the underwriting math shippers relied on.
Panamax Falls 2.1%, Baltic Dry Index Dips to 2,670
The Baltic Dry Index slipped to 2,670 on Tuesday as panamax rates fell 2.1%, a second straight session of losses for dry bulk.
US Refiners Sign Direct PDVSA Crude Deals
US refiners are signing direct PDVSA contracts for Venezuelan oil, taking share from the traders who moved those barrels first.
Wing Group CEO Joins Commerce Trade Panel ITAC 9
Wing Group CEO Andrew Branagh has a seat on the US Commerce trade advisory committee ITAC 9, and small shippers now have a voice.
Azorra Enters Freighter Leasing in 30 E-190 Deal
Azorra is entering the freighter leasing market with 20 Embraer E-190 conversions, adding regional air cargo lift for shippers.
SMART-TD Sues CSX as Strike Ban Runs to July 29
The CSX strike injunction now runs to July 29, but SMART-TD has gone on the offensive with its own court filing before the July 28 hearing.
Prologis Says Segro Talks Gave No Clear Path | CalculateCBM
Prologis says its Segro takeover talks in London delivered no meaningful clarity, leaving Europe's biggest warehouse deal in limbo.
Trump Signs 2 Orders to Boost US Aluminum Output
Two July 20 directives push domestic aluminum production and critical mineral supply back onto US soil, and freight flows shift with it.
Kevin Keegan, Multimodal Show Host, Dies Aged 75
Kevin Keegan, the three-time Multimodal host and England football captain, has died aged 75 after a long battle with cancer.
Russia Now Top Flag State for Shadow Fleet
Russia now flags most of the sanctioned shadow fleet, and new registries in Sierra Leone and Equatorial Guinea are taking the overflow.
Houthis Declare Naval Blockade on Saudi Arabia
Yemen's Houthis have declared a naval blockade on Saudi Arabia, putting Red Sea shipping and Saudi port calls back under threat.
Jingye Demands UK Payout Over British Steel
Jingye Group wants compensation from the UK over the British Steel takeover, and steel shippers are watching freight flows closely.
IMCA Appoints Natalie Carroll to Lead Training
IMCA has appointed Natalie Carroll as Head of Competence and Training, a role that shapes who is certified to crew offshore jobs.
Diana Ultramax Rate Jumps 30% to $18,350/Day
Diana Shipping's ultramax charter rate jumped nearly 30% in the switch to Fednav, and dry bulk charterers should take note.
Graham Bill Eyes 100% Tariffs on China, India
The Graham sanctions bill would authorise 100% tariffs on the top five buyers of Russian energy, with China and India first in line.
HD Hyundai, Kiewit Sign US Shipbuilding Deal
HD Hyundai's US shipbuilding partnership with Kiewit Offshore Services puts Korean yard know-how on Texas soil. Here's what it changes.
BW LPG Sells BW Levant for $17m Book Gain
BW LPG is flipping the 2015-built VLGC BW Levant for a $17m gain, under two years after its $1.05bn Avance Gas fleet buy.