Baltic Index Rises To Over One-Month High On Stronger Capesize Rates

The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, hit a more-than-one-month high on Monday supported by higher capesize vessel rates. The main index, which factors in rates for capesize, panamax and supramax shipping vessels, rose by 28 points, or 1.3%, to 2,153 points, the highest level …

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Japan’s MOL faces geopolitical hurdles for LNG shipping, decarbonization

Japan’s Mitsui O.S.K Lines is facing more challenges from volatile geopolitics for its LNG shipping business and decarbonization strategies, the shipping group’s president and CEO, Takeshi Hashimoto, said in a recent interview with Platts, part of S&P Global Commodity Insights. The EU sanctioned three of MOL’s LNG tankers for supporting Russia’s energy trade in May, …

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DNV and WMMF publish guide to support shipowners’ path to net-zero

The maritime industry is experiencing a period of significant transformation, driven by rapidly evolving regulations, increasing commercial pressure, and a global shift towards reducing greenhouse gas (GHG) emissions. In response, DNV and the World Maritime Merchants Forum (WMMF) ESG team have published a new guide to help shipowners navigate these evolving challenges, an effort supported …

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Forwarders leave 3–5% of gross profit on the table, warns OntegosCloud

While the industry grapples with vessel oversupply, shifting US–China trade dynamics and softening demand, new OntegosCloud research shows freight forwarders are leaving three to five percent of gross profit unclaimed through unbilled fees, underpriced lanes and capacity routing inefficiencies. As forwarders set their 2026 priorities, this matters: too many container ships, uneven demand and geopolitics …

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Surge in EV vehicle transportation exposes gaps in maritime safety rules procurement

The rapid rise in electric vehicle (EV) shipments is putting new pressure on the maritime industry, exposing critical gaps in safety regulations which the International Maritime Organization (IMO) has yet to address, according to industry experts. High-profile shipboard fires involving EVs, such as those on the Felicity Ace, Morning Midas and the Freemantle Highway, have …

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Seychelles aumenta su preparación en el mar mediante ejercicios marítimos regionales

Los funcionarios de Protección marítima y portuaria de Seychelles están reforzando la preparación y coordinación nacionales para responder eficazmente a las posibles amenazas a la seguridad en el mar. Un Taller Nacional de Simulacros y Ejercicios, organizado en Victoria (3-7 de noviembre de 2025) por el Gobierno de Seychelles a través de la Autoridad de …

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MODEC-SOFEC merger giving birth to integrated mooring solutions business unit

Japan’s MODEC has embarked on a strategic merger of its wholly owned companies, MODEC America and SOFEC, to create an integrated mooring solutions business unit and strengthen global offerings. The post MODEC-SOFEC merger giving birth to integrated mooring solutions business unit appeared first on Offshore Energy.

MPCC orders four energy-efficient boxships

Norwegian container tonnage provider MPC Container Ships (MPCC) has entered into contracts with China’s shipbuilder Jiangsu Hantong Ship Heavy Industry for the construction of four 4,500 TEU container vessels. The post MPCC orders four energy-efficient boxships appeared first on Offshore Energy.

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